Lever Raises More Money

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Jan 26, 2016
This article is part of a series called News & Trends.

Yesterday the fire, today the sizzle. A couple new tidbits:

Speaking of talent-acquisition tech companies raising moneyLever will announce this Thursday in a press release that it has secured $20 million in Series B funding. Lever’s one of a group of hot, newer, talent-acquisition systems, ones that I’d say generally target midsize and fast-growing/progressive companies. Its clients include Netflix, Eventbrite, and Yelp. Scale Venture Partners led the round, which included Matrix Partners, Index Ventures, Correlation Ventures, and more. The money will go to product development, sales, and marketing.

(An interesting aside: Lever says it is “48 percent non-Caucasian and 42 percent female, with 43 percent female leadership.”)

Sizzle (named after the concept of selling the sizzle, not the steak) is now in beta, based out of Nashville. The company has signed up multiple recruiting agencies, and so far one corporation, and offers more visual job descriptions/posts than much of what you see out there.

Robbie Zettler, one of two co-founders, tells me he envisions Sizzle being used by companies who want to sell a location, not just a job. It charges a monthly subscription, not pay-per-visual. The founders have brought on an ex-Stanford Ph.D. student to do development work. “He decided physics wasn’t for him,” Zettler says.


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This article is part of a series called News & Trends.
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