Lever Raises $60M in Series D

Lever has successfully raised $60M in a Series D at a $500M valuation led by Matrix Partners, Scale Venture Partners, Y Combinator, STEADFAST Capital Ventures, Ridge Ventures.

Company Overview

Lever is a HR Tech company headquartered in 989 Market Street, San Francisco, CA 94103, founded in 2012 with 300+ employees.

Talent acquisition suite

Fundraising Details

Amount Raised: $60M
Round Type: Series D
Valuation: $500M
Date: 2024-01-24
Investors: Matrix Partners, Scale Venture Partners, Y Combinator, STEADFAST Capital Ventures, Ridge Ventures

About Lever

Talent acquisition suite The company is positioned in the HR Tech sector, serving a growing market with innovative solutions.

Key Information

Headquarters: 989 Market Street, San Francisco, CA 94103
Founded: 2012
Team Size: 300+
Industry: HR Tech

What This Means

This funding round demonstrates strong investor confidence in Lever's vision and execution. The capital will likely be used to:

Scale Operations: Expand the team and operational capacity
Product Development: Enhance existing products and develop new features
Market Expansion: Enter new markets and strengthen presence in existing ones
Technology Investment: Invest in infrastructure and technology capabilities

Industry Context

The HR Tech sector continues to attract significant investment as companies innovate to meet evolving market demands. Lever's successful fundraising reflects the strong fundamentals and growth potential in this space.

Valuation Milestone

Reaching a $500M valuation marks an important milestone for Lever, positioning the company among notable players in the HR Tech industry.

Looking Ahead

With this new capital, Lever is well-positioned to execute on its growth strategy and continue building innovative solutions in the HR Tech space. The company's trajectory will be one to watch as it deploys this funding to achieve its next phase of growth.

This fundraising news was reported on 2024-01-24. For more information about Lever, visit their headquarters at 989 Market Street, San Francisco, CA 94103.

Lever