Checkr provides automated background checks and continuous monitoring via an API-first platform that integrates criminal records, identity verification, education/employment checks, and drug screenings. Customers include staffing platforms, gig economy marketplaces, retailers, and large enterprises that need fast, compliant screening at scale. Checkr’s product emphasizes speed, accuracy, and fairness, with tools for adverse-action workflows and human-review augmentation. The platform helps organizations reduce time-to-hire while maintaining regulatory compliance and minimizing bias through data-driven processes.
What Is Checkr and What Does It Do?
Checkr, founded in 2014 by Daniel Yanisse and Jonathan Perichon, is a San Francisco–based (United States) HRTech company specializing in AI-driven background screening for employers and platforms. The company employs 1,043 people (as of Dec 31, 2023). Checkr’s offerings streamline pre-employment checks, continuous monitoring, and international screening enabling high-volume hiring flows with programmatic decisioning and compliance features.
How Much Funding Has Checkr Raised?
1. Series E (Apr 2022)
- Amount Raised: $120M
- Date: April 01, 2022
- Lead Investors: Reported follow-on syndicate
- Motivation: Global expansion and product maturity.
2. Series E (Sep 2021)
- Amount Raised: $250M
- Date: September 01, 2021
- Lead Investors: Durable Capital Partners, Fidelity, Coatue, T. Rowe Price, others
- Motivation: Scale global operations and enterprise go-to-market.
3. Series D
- Amount Raised: $161M
- Date: September 06, 2019
- Lead Investors: T. Rowe Price, Coatue, Accel, others
- Motivation: Expand platform and compliance capabilities.
Total Funding Raised: $680 Million
Current Valuation: $4.6 Billion (as of Sep 01, 2021)
Latest Funding Date: April 01, 2022
Key Investors
1. T. Rowe Price
- Details: Global asset management firm backing high-growth technology innovators.
- Investment Focus Areas: SaaS, fintech, cloud, enterprise infrastructure.
- Notable Investments: Zoom, Snowflake, Stripe, Coinbase, Checkr.
2. Accel
- Details: Leading venture capital firm known for early-stage and growth investments.
- Investment Focus Areas: Cloud, infrastructure, dev tools, consumer internet.
- Notable Investments: Facebook, Slack, Atlassian, Cloudera, Checkr.
3. IVP
- Details: Growth-stage investor supporting category-defining technology companies.
- Investment Focus Areas: B2B SaaS, fintech, cybersecurity, consumer marketplaces.
- Notable Investments: Discord, Dropbox, Snap, Twitter, Checkr.
4. Y Combinator
- Details: World’s most influential accelerator program.
- Investment Focus Areas: Early-stage SaaS, fintech, AI, developer tools.
- Notable Investments: Airbnb, Stripe, DoorDash, Coinbase, Checkr.
Where Is Checkr’s Headquarters?
Checkr is headquartered in San Francisco, United States.
What’s Next for Checkr?
Checkr will deepen international screening coverage, improve explainability in ML decisions, and expand employer products around continuous monitoring and workforce insights.
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