Lever, a Talent Acquisition Suite, has completed a $50 million Series D funding round with the Apax Digital Fund. As part of this partnership, Apax Digital’s Mia Hegazy will join Lever’s board of directors.
“The talent acquisition market is an exciting sector benefiting from several tailwinds and, having tracked the space for some time, Lever stood out for its candidate-centric approach, next-gen technology, and innovative culture,” said Mia Hegazy, Principal, Apax Digital. “Companies must navigate heightened competition for talent, which is driving strong demand for best-in-class applicant tracking software products such as Lever’s. We look forward to working with Nate and his team to help accelerate the growth of the business, building on Lever’s impressive success to date.”
Lever will use this funding to expand globally, invest in R&D, and build on its already ecosystem of technology partners.
“We’re experiencing record-breaking growth, and we are excited to be able to reach even more customers,” said Nate Smith, CEO of Lever. “Through this investment from Apax Digital, we’re gaining a partner that is aligned with our vision of enabling every company to connect human potential to meaningful work. As more companies are understanding the importance of leveraging talent acquisition suites to seamlessly handle the complexities of hiring, we’re continuing to expand our technology ecosystem, enable data-driven talent acquisition, and significantly improve diverse and inclusive hiring practices.”
Arya has been a part of the Content & Research Team at Hrnxt.com. She is a keen observer of economic developments, emerging businesses, people in business and keeps a tab on latest happenings in the business environment.