Lever (company)

Lever
Founded 2012 (2012)
Founders Sarah Nahm, Nate Smith, and Randal Truong
Headquarters San Francisco, CA
Website www.lever.co

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.

Lever raised $2.8 million in a seed round in September 2012 and $10 million in its Series A round in October 2014. 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. [1]

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. [2]

Smith connected with Nahm and Truong through Stanford University and Google networks. All three had previously worked at technology companies.[3][4]

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.[2]

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. [5]

As of September 2015, minorities represented 49% of Lever’s workforce. The company has over 46% female leadership (including a female CEO). [6]

Software

Lever is a recruiting tool designed to help companies take candidates through the hiring pipeline.[5][7] Features include a browser extension for sourcing, bulk emailing capabilities, archiving or tagging candidates, and email scheduling. Reporting tools are designed allow managers and executives to have an overview of where they are tracking on recruiting goals. [5]

Customers

As of December 2015, Lever claimed to have over 700 customers including Netflix,[8] Lyft, [5] Eventbrite, [8] Yelp, [6] Quora, [5] Coursera, [5] Reddit, [5] and Shopify [9]

Awards and recognition

References

  1. Desmarais, Christina (2015-05-27). "5 Remarkably Smart Tactics for Finding Top Talent". Inc. Retrieved 2016-01-13.
  2. 1 2 Smith, Danielle (2014-01-17). "The Entrepreneurs Behind Lever's Hiring Software". HR & Talent Management. Retrieved 2016-01-13.
  3. Levine, Barry (2014-10-02). "Looking to fix hiring, Lever launches platform while nabbing $10M". VentureBeat. Retrieved 2016-01-13.
  4. Petrone, Paul (2015-09-10). "Meet the 10 Professionals Under 35 Who Are Changing Recruiting and HR". LinkedIn Talent Solutions. Retrieved 2016-01-14.
  5. 1 2 3 4 5 6 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.
  6. 1 2 Nahm, Sarah (2015-09-21). "When it comes to diversity in tech, look to small companies for leadership". USA Today. Retrieved 2016-01-13.
  7. Bersin, Josh (2015). "HR Technology for 2016: 10 Big Disruptions on the Horizon". Deloitte. Retrieved 2016-01-14.
  8. 1 2 Raphael, Todd (2015-10-27). "I Overheard It At The Fall 2015 ERE Recruiting Conference In Atlanta". ERE Media. Retrieved 2016-01-14.
  9. 1 2 Charney, Matt (2015-10-17). "The Top 15 HR Technologies And Recruiting Tools of 2015: The Final Countdown". Recruiting Daily. Retrieved 2016-01-14.
  10. glarocque (2015-10-07). "Talent Acquisition Is Being Disrupted". #HRWins. Retrieved 2016-01-14.

External links

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