Lever (company)

Lever is a software company headquartered in San Francisco, California and Toronto, Canada that provides an applicant tracking system for hiring. It was founded in 2012 by Nate Smith, Sarah Nahm, Randal Truong, and Brian Noguchi.

Lever
Founded2012 (2012)
FoundersNate Smith, Sarah Nahm, Randal Truong, and Brian Noguchi
HeadquartersSan Francisco, CA and Toronto, ON, Canada
Websitewww.lever.co

Lever raised $2.8 million in a seed round in September 2012, $10 million in its Series A round in October 2014 and a further $20 million in its Series B round in January 2016. In July 2017, Lever raised $40 million, bringing their total funding to $70 million.[1] It is backed by an advisory board which includes Aaron Levie, CEO of Box, Marissa Mayer, CEO of Yahoo!, and Jeremy Stoppelman, CEO of Yelp.[2]

History

Smith, who graduated Olin College of Engineering in 2007 and worked previously as a product manager at Google, began Lever in 2012. He spent a year building a real-time web framework, Derbyjs.com. He applied and was accepted into Y Combinator with the goal of applying this framework to the ubiquitous problem of scaling talent.[3]

Smith connected with Nahm and Truong through Stanford University and Google networks. All three had previously worked at technology companies.[4][5]

Nahm, who received a BS in engineering and product design from Stanford University, joined Google as Marissa Mayer's speechwriter and led the growth of the Chrome browser from launch to over 150M active users.[6]

In September 2012, Lever raised $2.8 million in a seed round led by SV Angel. Other investors include Marissa Mayer (CEO of Yahoo!), Aaron Levie (CEO and co-founder of Box), Jeremy Stoppelman (CEO and co-founder of Yelp), and Y Combinator.[3]

In October 2014, Lever raised $10 million in its series A round led by Matrix Partners. Matrix Partner's Dana Stalder joined the board. Other investors include SV Angel, Redpoint, Index Ventures, Y Combinator, and Khosla general partners Keith Rabois and Ben Ling.[7]

As of September 2015, minorities represented 49% of Lever’s workforce.[8] The company has a 43% female leadership team, (including a female CEO), 47% female people managers, and a 50:50 gender ratio.[9]

In March 2017, Lever named Mike Bailen as its first Vice President.[10]

Software

Lever is a Talent Acquisition Suite that makes it easy for talent teams to reach their hiring goals and to connect companies with top talent. Lever is the only platform that provides all talent acquisition leaders with complete ATS and robust CRM capabilities in one product, LeverTRM. The Lever Hire and Lever Nurture features allow leaders to scale and grow their people pipeline, build authentic and long-lasting relationships, and source the right people to hire. Lever Analytics provides customized reports with data visualization, see offers completed and interview feedback, and more, to inform strategic decisions between hiring managers and executives alike.

Customers

As of 2021, Lever has over 4,000 customers"Lever Continues Strong Growth and Business Momentum in 2021". PRWeb. 2021-06-03. Retrieved 2021-07-21.</ref> including Netflix, Atlassian, KPMG, and McGraw-Hill Education.

Awards and recognition
  • Named one of the "Top 100 Software Companies of 2021" by The Software Report [11]
  • Listed as the "Overall Remote Team Hiring Platform of the Year" by RemoteTech [12]
  • Named "AMERICA’S BEST STARTUP EMPLOYERS" by Forbes [13]
  • Certified as a Great Place to Work by Great Place to Work [14]

References
  1. Feldman, Amy. "Recruiting Software Firm Lever Raises $30M For Effort To Transform Hiring". Forbes. Retrieved 2017-08-11.
  2. Desmarais, Christina (2015-05-27). "5 Remarkably Smart Tactics for Finding Top Talent". Inc. Retrieved 2016-01-13.
  3. Smith, Danielle (2014-01-17). "The Entrepreneurs Behind Lever's Hiring Software". HR & Talent Management. Retrieved 2016-01-13.
  4. Levine, Barry (2014-10-02). "Looking to fix hiring, Lever launches platform while nabbing $10M". VentureBeat. Retrieved 2016-01-13.
  5. Petrone, Paul (2015-09-10). "Meet the 10 Professionals Under 35 Who Are Changing Recruiting and HR". LinkedIn Talent Solutions. Retrieved 2016-01-14.
  6. "This ex-Googler just got another $30 million to help companies with the 'art and science' of hiring exactly who they want". Business Insider. Retrieved 2017-08-11.
  7. Cutler, Kim-Mai (2014-10-02). "Lever Raises $10M From Matrix To Build An All-Encompassing Human Resources And Hiring Platform". TechCrunch. Retrieved 2016-01-13.
  8. Nahm, Sarah (2015-09-21). "When it comes to diversity in tech, look to small companies for leadership". USA Today. Retrieved 2016-01-13.
  9. "Lever Reaches Diversity Milestone With Appointment of CFO Eileen Treanor". Yahoo. 2016-03-18. Retrieved 2016-10-17.
  10. Inc, Lever (2017-03-08). "Lever Names Mike Bailen Vice President, People". GlobeNewswire News Room. Retrieved 2020-04-01.
  11. "Top 100 Software Companies of 2021". The Software Report. 2021-07-13. Retrieved 2021-07-21.
  12. "Overall Remote Team Hiring Platform of the Year". RemoteTech. 2021-06-24. Retrieved 2021-07-21.
  13. Stoller, Kristin (2016-01-29). "AMERICA'S BEST STARTUP EMPLOYERS". Retrieved 2021-07-21.
  14. "Certified Company". 2021-04-01. Retrieved 2021-07-21.
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