Certn, a Victoria, British Columbia-based leader in background screening solutions, announced that it secured $50 million in Series B funding.
The round was led by B Capital, with seven other investors contributing, including BMO, Tribe, Inovia Capital, Telstra Ventures, Scribble, Moxxie Ventures, and Gaingels Covalent Ventures.
This comes on the heels of last year’s $34.1 million funding raise. With this latest round, Certn will further advance its mission of building trust in people – and investing in new markets worldwide.
Certn plans to create 160 new roles this year and has made several strategic hires, including a new managing director for the U.S. market.
Company: Certn Inc.
Raised: $50.0M
Round: Series B
Funding Month: May 2022
Lead Investors: B Capital
Additional Investors: BMO, Tribe, Inovia Capital, Telstra Ventures, Scribble, Moxxie Ventures, and Gaingels Covalent Ventures
Company Website: https://certn.co/
Software Category: People Intelligence Solutions
About the Company: Certn is the leader in people intelligence solutions, using a people-first mentality, our focus is on providing real-time comprehensive background checks and ongoing risk monitoring for employees, contractors, and tenants around the world. Certn delivers fast, friendly, and comprehensive background screening that helps businesses make fact-based hiring decisions lowers hiring costs, and improves the user experience for applicants and recruiters. Used by enterprise, mid-market, and small business leaders looking to hire the right candidates, Certn modernizes the background check process and builds a foundation of trust. The company’s human risk intelligence solution uses AI and machine learning to streamline the candidate screening process, reduce costs, and boost total time to value (TTV) for HR and operations leaders around the globe.
Source: https://certn.co/press/certn-raises-50-million-usd-to-change-the-future-of-background-checks/