Lowenstein client Apax Digital Fund has completed a $50 million Series D funding round in Lever, a talent acquisition suite. Lever is a platform that provides talent acquisition leaders with complete applicant tracking systems (ATS) and candidate relationship management (CRM) capabilities in a single native platform.
The funding comes as the market for talent acquisition is continuing to heat up, and companies face the most competitive market for hiring and retaining talent to date. The investment in Lever will accelerate solution development in talent analytics, top-of-funnel talent discovery, and diversity, equity, and inclusion (DEI), as well as support growth in new markets and continued product innovation.
Lever will use this funding to expand globally, invest in R&D, and build on its already expansive ecosystem of technology partners.
The Apax Digital Fund specializes in growth equity and growth buyout investments in high-growth enterprise software, consumer internet, and technology-enabled services companies worldwide. The Apax Digital team leverages Apax's deep tech investing expertise, global platform, and specialized operating experts to enable technology companies and their management teams to accelerate the achievement of their full potential.
The Lowenstein deal team includes Anthony W. Raymundo, Chandra K. Shih, Frank W. Eucalitto, Gwendolyn Holst, Latoya Bethune, and Claire Dronzek.
About Lowenstein Sandler LLP
Lowenstein Sandler is a national law firm with over 350 lawyers based in New York, Palo Alto, New Jersey, Utah, and Washington, D.C. The firm represents leaders in virtually every sector of the global economy, with particular emphasis on investment funds, life sciences, and technology. Recognized for its entrepreneurial spirit and high standard of client service, the firm is committed to the interests of its clients, colleagues, and communities.
Contact(s):
Penny Paul
Manager, Marketing Communications
Lowenstein Sandler LLP
T: +1 973.597.2592
E: ppaul@lowenstein.com
