Lever, Inc. Recent Developments
Lever combines ATS and CRM capabilities in one clean, modern interface. In the last 9 months the company has rolled out a wide range of functionality with an eye toward supporting an increasing number of Enterprise and larger MidMarket customers, including: the ability to support complex organizational structures through multi-domain and multi-instance capabilities; natively built automated self-scheduling capability ("Easy Book"); support of sophisticated requisition approval chains; enhanced tools to support EEOC/OFCCP compliance; automatic generation of recommended candidates from the database that match an open role ("Lever Nurture Recommendations"); and seamless Office 365 sync. The company is now also SOC 2 Type 2 compliant. Additionally, the company raised its $40 milion series C funding in July 2017 led by Adams Street Partners, bringing total capital raised to $73 million.
Lever, Inc. Overview
Ownership: Private - x
Employees: 130
Functional Market: Workforce Analytics, Sourcing, Attract & Engage (Marketing), Applicant Tracking Systems, ,
Key Verticals: Aerospace & Defense, Automotive, Banking and Financial Services, Communication, Construction and Real Estate, Consumer Packaged Goods, Distribution, Education, Government, Healthcare, Insurance, Leisure & Hospitality, Life Sciences, Manufacturing, Media, Non Profit, Oil and Gas, Professional Services, Retail, Transportation, Utility,
Lever, Inc. Key Cloud & HCM Applications
Lever,
SCORES Analysis
Lever, Inc. Strengths
Founded in 2012, Lever is the only talent acquisition suite on the market that sought to combine ATS and CRM from inception. As a result, companies that focus on relationship building in recruiting and utilize proactive sourcing as part of their overall talent strategy will find that Lever's solutions deliver an outsized advantage. Of particular note is Lever Nurture, Lever's second product launched in late 2016 which is helping companies double response rates from cold outreach to passive candidates.
Lever is also known to be a design-forward product with particular strength in UI and UX, which tends to result in widespread adoption of the technology across the enterprise by hiring managers and interviewers as well as the HR and recruiting team.
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- Key differentiators
- Domain Expertise
- Product portfolio
- Solution scope
Lever, Inc. HCM & Cloud HCM Applications Revenues, $M:
| Type/Year | 2015 | 2016 | YoY Growth, % |
|---|---|---|---|
| Total Revenues, $M | Subscribe | Subscribe | Subscribe |
| HCM Applications Revenues, $M | Subscribe | Subscribe | Subscribe |
| Cloud HCM Applications Revenues, $M | Subscribe | Subscribe | Subscribe |
* HCM Applications Revenues = License + Support & Maintenance + SaaS ( Hardware and Prof. Services are Excluded )
** All revenue figures are estimates based on public records, Cloud and Non-Cloud business models in Apps Run The World's vendor database, and annual survey results including vendor feedback.
Lever, Inc. 2016 Revenue Breakdown by Type:
| Type | License | Services | Hardware | Support & Maintenance | SaaS |
|---|---|---|---|---|---|
| % of Total Revenues | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe |
| Revenues, $M | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe |
Lever, Inc. 2016 HCM Applications Revenues By Sub-Functional Markets, $M:
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Split by Sub-Functional Markets
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2016 HCM Revenues, By Sub-Functional Markets, $M
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Lever, Inc. 2016 HCM Applications Revenues By Verticals, $M:
Lever, Inc. 2016 Total & HCM Applications Revenues by Region:
| Region | % of Total Revenues | 2016 Total Revenues, $M | 2016 HCM Applications Revenues, $M |
|---|---|---|---|
| Americas | Subscribe | Subscribe | Subscribe |
| EMEA | Subscribe | Subscribe | Subscribe |
| APAC | Subscribe | Subscribe | Subscribe |
| Total | Subscribe | Subscribe | Subscribe |
Lever, Inc. Direct vs Indirect sales
| Region | Direct Sales | Indirect Sales | Total |
|---|---|---|---|
| Type % | Subscribe | Subscribe | Subscribe |
| Revenues, $M | Subscribe | Subscribe | Subscribe |
Lever, Inc. Customers
No. of Customers: Subscribe
No. of HCM Applications Customers: Subscribe
No. of Cloud HCM Customers: Subscribe
No. of Cloud HCM Subscribers: Subscribe
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- Reference wins across regions
- Customer Size segments
- Customer wins momentum
Lever, Inc. Opportunities
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- Market Opportunities at the vertical and subvertical levels
- Mergers and Acquisitions (M&A), Funding
- Geo Expansions
Lever, Inc. Risks
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- Ability to handle internal and external risk and challenges
Lever, Inc. Ecosystem
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- Health of ecosystem
- Network Effects of BPO, ISV, SI
- VAR Partners
- Direct vs Indirect sales
Lever, Inc. Cloud Platform (PaaS) & Infrastructure (IaaS) Details
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- Cloud Infrastructure (IaaS)
- Cloud Platform (PaaS)
- Cloud Application delivery (SaaS)
- Data Center (Hosting)
Research Methodology
Data used in research reports are derived from publicly available documents, continuous surveys of applications vendors, customers, resellers, Independent Software Vendors, systems integrators and other verifiable sources.
Vendor shares and market forecast results are based on a combination of existing databases as well as demand side and supply side research conducted throughout the year with validation from vendors, customers, channel partners and documentations such as earnings releases and 10Q and 10K filings, vertical industry studies, regional and country-level statistics from public and private institutions(i.e. colleges, universities, government agencies and trade associations).
For additional information on our methodologies, here's the link:
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