Founded 2012 | Website www.lever.co | |
Founders Sarah Nahm, Nate Smith, Randal Truong | ||
Lever is an US-based software company headquartered in San Francisco, California that provides an applicant tracking system for hiring. It was founded in 2012 by Sarah Nahm, Nate Smith, and Randal Truong.
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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. 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.
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.
Smith connected with Nahm and Truong through Stanford University and Google networks. All three had previously worked at technology companies.
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.
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.
As of September 2015, minorities represented 49% of Lever’s workforce. The company has a 43% female leadership team, (including a female CEO), 47% female people managers, and a 50:50 gender ratio.
Software
Lever offers a Talent Acquisition Suite designed to help companies manage candidates through the entire hiring process. The Lever Talent Acquisition Suite includes Lever Nurture, Lever Hire, and Lever Analytics. Features include a browser extension for sourcing, bulk emailing capabilities, archiving or tagging candidates, and email scheduling. Visual reporting tools allow recruiters, managers, and executives to track their progress on recruiting goals.
Customers
As of May 2016, Lever claimed to have over 1,000 customers including Netflix, Lyft, Eventbrite, Yelp, Quora, Coursera, Reddit, and Shopify