Installed over 300 Job Boards

Recruiting Software Firm Lever Raises $30M For Effort To Transform Hiring


by Amy Feldman

Sarah Nahm cofounded Lever five years ago to rethink recruiting for the digital age.
The San Francisco-based recruiting software company helps its customers not only track resumes, but also identify and cultivate people who might not be actively job-hunting.

As the recruiting space becomes increasingly competitive, Lever has amassed a significant war chest.
Today, it said that it had raised an additional $30 million in venture financing from Adams Street Partners, Matrix Partners and Scale Partners, bringing its total funding to $62 million. It could raise as much as $10 million more before officially closing the round.
That gives Lever, which FORBES estimates has revenues above $20 million, the cash to do more R&D and to add new analytical functions to its software to meet the needs of highly complex, global corporations.
Lever’s more than 1,300 customers include Netflix, KPMG, Lyft and Cirque du Soleil. “We’ve tried to rethink what has been a stale category,” Nahm says.

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