Checkr, a San Francisco CA-based HR technology company, raised $250 million in Series E funding, valuing it at $4.6 billion.
The round was led by Durable Capital, Fidelity Management & Research Company LLC, and Franklin Templeton with participation from BOND Capital, Khosla Ventures, IVP, T. Rowe Price, Coatue, Accel, and Y Combinator.
The company, which has raised $550m to date, intends to use the funds to expand operations and its business reach.
Company: Checkr, Inc.
Raised: $250.0M
Round: Series E
Funding Month: September 2021
Lead Investors: Durable Capital, Fidelity Management & Research Company LLC, and Franklin
Additional Investors: BOND Capital, Khosla Ventures, IVP, T. Rowe Price, Coatue, Accel, and Y Combinator
Company Website: https://checkr.com/
Software Category: AI-Powered Background Screening
About the Company: Led by Daniel Yanisse (CEO), Checkr provides HR technology that initiates and reviews background checks. The company leverages automation to process over 30 million background checks annually using artificial intelligence to make them faster, easier, more accurate, and compliant. Its API first products support tens of thousands of customers in a variety of hiring use cases.
Source: https://www.finsmes.com/2021/09/checkr-raises-250m-in-series-e-funding.html