Lever Raises $20M Series B Funding

Funding Rounds

▤ Summary

Lever, a San Francisco, CA-based provider of recruitment software, raised $20m Series B funding round.The round was led by Scale Venture Partners with participation from existing investors Matrix Partners and Index Ventures, Correlation Ventures and a syndicate led by Naval Ravikant, chief executive officer and co-founder of AngelList.The company, which has raised $32.8m to date, will use the funds to accelerate product development, sales and marketing efforts.Founded in 2012 by Sarah Nahm, Nate Smith and Randal Truong, Lever provides an applicant tracking system (ATS) that allows companies of all sizes to source, interview, and hire talent.The company’s software is used by more than 700 companies including Netflix, Lyft, Eventbrite and Shopify.

$ Funding

$
Amount $20.0M Total raised
□
Date January 26, 2016 Announcement date
◎
Investors Matrix Partners, Correlation Ventures Lead investors
▥
Company http://www.lever.co Funded company

▥ Classifications

industries
No industries detected
applications
AI & Machine learning

◇ AskAI Classifications

Labels
SaaS Applicant Tracking Systems Recruiting Software

▦ Linked Companies

Lever
$50M to $100M