Checkr Secures $160M Series D Funding
Sep 18th, 2019Funding
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Checkr raised $160 million in Series D funding on September 18, 2019.
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Leading the investment was T. Rowe Price Associates, Inc., with Bond, Coatue, and existing investors Accel, Y Combinator, and IVP participating.
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The funding will be allocated to expanding the hiring platform's functionality, creating new products with improved accuracy and fairness, and developing international capabilities.
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Since 2014, Checkr has conducted over 42 million background checks and now serves thousands of businesses, with new clients like Elwood Staffing, PrideStaff, and One Call.
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The company aims to make hiring more inclusive and is planning a significant team expansion in 2019.