Veremark secures £2m seed investment from ACF Investors and others to expand background screening operations.
The pre-employment screening platform raised £2m in follow-on funding to scale its credential verification services.
Veremark provides a global background screening service to help companies run checks on prospective employees and business partners. The firm operates internationally with offices across several regions including Singapore, the US and the Philippines.
Veremark has secured £2m in seed funding to expand its market presence and develop verified digital employment credentials. The capital injection comes from institutional backers including ACF Investors, Triple Point Ventures, SOV Ventures, and Vulpes Investment Management, alongside several prominent angel investors.
Founded in 2019, the company delivers automated background checks encompassing employment history, academic records, and criminal checks across multiple jurisdictions. The fresh funds will support further penetration into the pre-employment screening sector as the business scales its global operations.
From the founder
"Veremark’s aim is to help companies hire with greater confidence. Our platform is about bringing speed, simplicity and security to the hiring market. It doesn’t matter whether you are hiring in Bermondsey, Bangalore or Baltimore – we enable companies to check the claims and credentials of those they are looking to bring onboard into their companies. We see this round as an initial stepping stone in the start of transforming the overall ‘Trust’ market and build a new category around credential management to drive greater efficiency in the hiring market and beyond"
Daniel Callaghan
Founder and CEO at Veremark
Use of funds
- 01Expand into international markets
