Checkr Raises $40 Million Series B led by Y Combinator Continuity Fund

The Leading Background Check Software Company Expands to Service Enterprise HR and Marketplace Companies.

San Francisco - March 23, 2016 - Checkr, the leading software solution for background screening and verifications, today announced it has raised a $40M Series B round, led by the Y Combinator Continuity Fund, with IVP and Accel participating.

Checkr, which launched in 2014, has emerged as the dominant background check service used by the on-demand economy. Their current clients, which include Uber, Instacart, GrubHub, and DoorDash, process over 300,000 checks per month. With its additional funding, Checkr will expand its offering to service an even wider variety of Companies, including peer-to-peer commerce and marketplace businesses, as well as larger enterprises. Checkrs early customers in these spaces include Warby Parker, Zenefits, and Workable.

Checkr gives Companies a modern, compliant employee screening solution that helps them stay competitive in talent acquisition and equips them to deal with the needs of a new workforce. Checkrs software vastly improves the application experience and onboarding process, reducing onboarding time by 35% and increasing the transparency of the background checking process, while delivering the highest quality results.

DoorDash has strict background check requirements to ensure a consistently safe and trustworthy customer and merchant experience, and Checkr has been critical to helping us achieve this goal, said Kasey Ong, People Scientist at DoorDash. As Checkrs first customer we were able to work closely with the company from the beginning and request specific features to meet our high standards.

About Checkr

Checkr is the leading software solution for background screening and verifications. 3000+ Companies including Uber, GrubHub, DoorDash and Warby Parker are building their business and staking their reputations on the technology built by Checkr.

Checkr delivers fast turnaround times, helps minimize company onboarding costs and maintains strict quality controls within their mobile-friendly platform.

The company is funded by Accel Partners, Google Ventures, Y Combinator, IVP and other prominent investors. They are headquartered in San Francisco, CA.

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LINK:	http://www.ivp.com/news/press-release/checkr-raises--40-million-series...
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