How Much Did Certn Raise?
Funding & Key Investors

Certn, a leader in Human Risk Intelligence, has secured significant enterprise-level funding, with the total amount undisclosed and the recent funding round valued at $80M. This latest capital infusion, announced on April 20, 2023, follows earlier investment rounds, including a Series A in February 2021 and a seed round in January 2020. The company's consistent access to capital underscores its growth trajectory and market position in providing comprehensive background checks and ongoing risk monitoring for employees and contractors globally.

What is Certn?

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

Founded in 2016 and headquartered in Victoria, BC, Canada, Certn operates at the forefront of Human Risk Intelligence. The company empowers businesses worldwide to conduct thorough background checks and continuous risk assessments for their workforce, encompassing both employees and contractors. Certn's platform delivers a wide array of verification services, including domestic and international criminal background checks, credit reports, reference checks, education and employment verification, motor vehicle records, and identity verification, all processed rapidly. This comprehensive suite of services positions Certn as a critical partner for organizations prioritizing workforce integrity and security.

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 Tribe Global, Export Development Canada, B Capital Group, T Ventures Management, Inovia, and BMO Bank of Montreal

Key Investors in Certn

Tribe Global

Tribe Global is a network of independent communications agencies and business partners, combining network scale with strategic independence, focusing on diverse global markets.

Export Development Canada

Export Development Canada, established in 1944, provides risk management, secure financing, and working capital services, with its headquarters in Ottawa, Ontario, Canada.

B Capital Group

B Capital is a venture capital firm investing in early and late-stage technology, healthcare, and climate companies, aiming to support founders throughout the company-building lifecycle with a global presence.

What's next for Certn?

The recent major strategic investment in Certn signals a pivotal moment for the company, likely enabling accelerated expansion of its technological capabilities and market reach. With a clear focus on Human Risk Intelligence, Certn is well-positioned to capitalize on the increasing demand for robust employee vetting and monitoring solutions. Future growth may involve further development of AI-driven risk assessment tools, expansion into new international markets, and strategic partnerships to enhance its service offerings. The company's ability to attract substantial backing indicates strong investor confidence in its business model and its potential to redefine the background check and risk monitoring landscape.

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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 Tribe Global. 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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