Veremark, a London-based workplace trust platform that provides employers with background screening at scale, has raised $26m (£19m) in a Series B funding round.
The company offers its screening service to firms looking to hire at scale and from multiple international locations, with the promise of ensuring compliance across different territories.
As well as pre-hire screening, Veremark has recently launched workplace tools including an anonymous whistleblowing platform.
“The world of work is facing a new set of challenges. The modern company is looking to ensure an ‘always on’ mindset to managing employee conduct risk,” said Veremark co-founder and chief executive Daniel Callaghan.
“Veremark provides companies with enhanced confidence in who they are bringing into the business and enables multiple checkpoints to ensure their behaviours remain ethical and appropriate.
“We help companies reduce hiring risk, improve auditability and help protect workplace integrity beyond the point of hire.”
The Series B funding round was led by Gresham House Ventures with participation from Samaipata, ACF Investors and Stage 2 Capital and a debt facility from Salica Partners.
“Veremark has built a category-defining platform at the intersection of global hiring, regulation and trust, at a time when AI is increasing the complexity and risk of verifying people at scale,” said Joe Krancki, investment director at Gresham House Ventures.
“We’re excited to partner with the team as they scale internationally and continue to set the standard for how workplace trust is managed in a modern, global organisation.”
The firm previously raised a £2.4m investment in April 2024.
