Checkr

Checkr, Inc. sells verification as software. It was founded in 2014 by Daniel Yanisse and Jonathan Perichon, two engineers at the same-day delivery company Deliv who went through Y Combinator's Summer 2014 batch. The first product was an API that let an on-demand platform order a criminal-records check programmatically and receive a structured answer back; at the Series A in October 2014 the company had four employees, more than 50 enterprise customers including Instacart and DoorDash, and was running roughly 10,000 checks a month.

The business has since widened from employment screening into a set of verification product lines covering workforce screening, income and employment verification for mortgage lenders, tenant screening, ongoing risk intelligence and consumer-held verified profiles. Checkr says more than 140,000 customers use the platform. Expansion into adjacent verification markets has come partly by acquisition: Truework, an income and employment verification provider serving eight of the ten largest US mortgage lenders by origination volume, was acquired in April 2025, and Truv, whose payroll and financial-institution connections reach 96% of the US workforce, in August 2026. Checkr sizes the combined identity, workforce, mortgage and tenant verification opportunity at roughly $45 billion.

The financial picture is unusual for a private company of this age. Checkr reported gross revenue above $800 million for 2025 and net revenue, excluding government fees passed through to customers, above $500 million, and says it was profitable through the year. That followed a sharp correction: in April 2024 the company cut 382 people, 32% of its workforce, after hiring volumes at its gig-economy customers slowed. Checkr operates from San Francisco with offices in Denver and Santiago, Chile.

For an investor the question is whether a screening vendor can be re-rated as a verification platform. The case for it is the revenue base, the stated profitability, and the push into mortgage and government benefits, where verification errors are expensive and the buyer is not a gig platform. The case against is that the core workforce-screening business is tied to hiring volumes Checkr does not control, that consumer-reporting work carries continuing Fair Credit Reporting Act compliance and litigation exposure, and that the last priced primary round was the $250 million Series E of September 2021, which set a $4.6 billion post-money valuation almost five years ago.