How Much Did Cerchen Raise?
Funding & Key Investors

Cerchen, a provider of pre-employment background screening services, has secured $11K in total funding, with its most recent capital infusion amounting to $11K. This financial backing positions the company within a Series A/B growth stage, indicating a focus on scaling operations and expanding its market reach in the competitive HR technology sector.

The company's financial trajectory, marked by this recent investment, underscores a period of moderate growth capital acquisition, essential for enhancing its service offerings and technological infrastructure.

What is Cerchen?

Cerchen
Business ServicesSecurity Information and Event Management (SIEM)Human Resources Management Systems (HRMS)

Cerchen specializes in delivering reliable and accurate pre-employment background screening services across various industries, including manufacturing, healthcare, and hospitality. Established in 1997, the company leverages licensed private investigators to conduct comprehensive background checks, encompassing criminal record checks, employment verification, and motor vehicle records. These services are conveniently accessible via a secure online platform, reinforcing Cerchen's commitment to quality, convenience, and superior customer service. The firm acts as a trusted partner for organizations aiming to make well-informed hiring decisions, thereby enhancing workplace security and integrity.

How much funding has Cerchen raised?

Cerchen has raised a total of $11K across 1 funding round:

2021

Debt

$11K

Debt (2021): $11K with participation from PPP

Key Investors in Cerchen

PPP

Public-Private Partnership

What's next for Cerchen?

With the recent influx of moderate growth capital, Cerchen is poised for strategic expansion. The Series A/B growth stage funding suggests an emphasis on enhancing its technological platform, potentially through AI integration for faster data processing, and broadening its client base. Future initiatives may include expanding its investigative team and refining its service suite to meet evolving industry demands for comprehensive and compliant background checks. This investment will likely fuel efforts to solidify its market position and explore new verticals within the HR and compliance sectors.

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Frequently Asked Questions Regarding Cerchen Financial Insights

What are the most recent funding rounds that Cerchen has completed, and what were the funding rounds?
Cerchen has recently completed 1 funding rounds: Debt on Feb 18, 2021.
What is the total amount of funding Cerchen has raised to date?
Cerchen has raised a total of $11K in funding to date.
How many funding rounds has Cerchen completed?
Cerchen has completed 1 funding rounds.
How much funding did Cerchen raise in its most recent funding round?
Cerchen raised $11K in its most recent funding round.
Who are the lead investors in Cerchen's latest funding round?
The lead investor in Cerchen's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Cerchen's history?
The largest funding round in Cerchen's history was $11K.
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