How Much Did Certn Raise?
Funding & Key Investors

Certn, a prominent player in the Human Risk Intelligence sector, has successfully secured a major strategic investment, bringing its total capital accumulation to $88.4M. This latest infusion of $80M underscores the company's rapid ascent within the global background screening and risk mitigation market. By leveraging this significant financial backing, Certn continues to solidify its position as a critical infrastructure provider for enterprises requiring real-time, automated verification services.

The company's growth trajectory, marked by a series of funding rounds starting from its early-stage development, reflects a robust demand for digitized, high-speed compliance solutions. As organizations increasingly prioritize secure and efficient onboarding processes, Certn's ability to deliver comprehensive reports—ranging from criminal background checks to identity verification—in a matter of minutes has positioned it as a leader in the human capital risk management space.

What is Certn?

Certn
Business ServicesSecurity Information and Event Management (SIEM)Software Testing

Founded in 2016 and headquartered in Victoria, British Columbia, Certn has redefined the landscape of Human Risk Intelligence. The company provides a sophisticated, automated platform that enables businesses to perform exhaustive background checks and ongoing risk monitoring for employees and contractors globally. By integrating domestic and international criminal records, credit reports, and professional verifications into a single, streamlined interface, Certn addresses the complex compliance needs of modern, distributed workforces.

The firm's market position is characterized by its technological agility and its commitment to reducing the friction typically associated with traditional screening processes. By replacing manual, time-intensive verification methods with an automated, data-driven approach, Certn has become an essential partner for enterprises seeking to mitigate operational risk while maintaining a seamless candidate experience.

How much funding has Certn raised?

Certn has raised a total of $88.4M across 3 funding rounds:

2020

Angel/Seed

$975K

2021

Series A

$7.4M

2023

Series B

$80M

Angel/Seed (2020): $975K, investors not publicly disclosed

Series A (2021): $7.4M, investors not publicly disclosed

Series B (2023): $80M supported by B Capital Group, Export Development Canada, T Ventures Management, Tribe Global, BMO, and Inovia

Key Investors in Certn

B Capital Group

A global venture capital firm that focuses on empowering entrepreneurs by investing in early and late-stage companies within the Technology, Healthcare, and Climate sectors.

Export Development Canada

A Canadian financial institution founded in 1944 that provides risk management, secure financing, and working capital services to support international business growth.

Inovia

A full-stack venture firm that partners with founders to build enduring global technology companies by focusing on human-centric investment strategies.

What's next for Certn?

With the successful closure of its latest financing round, Certn is well-positioned to accelerate its international expansion and further enhance its proprietary risk intelligence engine. The strategic focus will likely center on deepening its integration capabilities and expanding its footprint in key global markets where regulatory compliance and human risk management are becoming increasingly stringent. As the company scales, it is expected to leverage its recent capital injection to invest in advanced machine learning models that further reduce the time-to-insight for its enterprise clients, ensuring that Certn remains at the forefront of the digital identity and verification industry.

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Frequently Asked Questions Regarding Certn Financial Insights

What are the most recent funding rounds that Certn has completed, and what were the funding rounds?
Certn has recently completed 3 funding rounds: Series B on Apr 20, 2023, Series A on Feb 16, 2021, Angel/Seed on Jan 1, 2020.
What is the total amount of funding Certn has raised to date?
Certn has raised a total of $88.4M in funding to date.
How many funding rounds has Certn completed?
Certn has completed 3 funding rounds.
How much funding did Certn raise in its most recent funding round?
Certn raised $80M in its most recent funding round.
Who are the lead investors in Certn's latest funding round?
The lead investor in Certn's latest funding round was B Capital Group. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Certn's history?
The largest funding round in Certn's history was $80M.
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