What is Veremark?
Veremark operates a global background screening and credentialing platform designed to empower employers to hire with confidence. The service automates the verification of work history and qualifications, while also assessing risk databases. It aims to provide a seamless candidate experience and offers a unified view of verification status across different locations, streamlining the hiring process for businesses worldwide.
How much funding has Veremark raised?
Veremark has raised a total of $40.5M across 6 funding rounds:
Other Financing Round
$142K
Other Financing Round
$34K
Angel/Seed
$2.8M
Unspecified
$8.5M
Angel/Seed
$3M
Series B
$26M
Other Financing Round (2019): $142K with participation from SFC Capital Partners
Other Financing Round (2020): $34K led by SFC Capital Partners
Angel/Seed (2021): $2.8M supported by TriplePoint Venture Growth BDC, ACF Investors, Vulpes Investment Management, and SOV Ventures
Unspecified (2022): $8.5M featuring Stage 2 Capital
Angel/Seed (2024): $3M backed by Vulpes Investment Management, Stage 2 Capital, ACF Investors, and Samaipata
Series B (2026): $26M with participation from ACF Investors, Stage 2 Capital, Samaipata, and Gresham Ventures
Key Investors in Veremark
ACF Investors
ACF Investors is a UK-focused investment fund that collaborates with sector-specific angel investors to support promising businesses, emphasizing capital growth and requiring significant contributions from lead investors with deep sector experience.
Stage 2 Capital
Stage 2 Capital is a venture capital fund that invests in B2B software companies, leveraging a large network of go-to-market experts to support portfolio companies in scaling their revenue through data-driven frameworks and operational expertise.
Samaipata
Samaipata is a venture capital fund focused on early-stage tech companies with network effects across Europe, providing capital and hands-on operational support through its Founder Success platform to ambitious founders.
What's next for Veremark?
The substantial enterprise-level funding and recent strategic investment suggest Veremark is poised for significant scaling and market expansion. This capital infusion will likely be directed towards enhancing its platform capabilities, expanding its global reach, and strengthening its competitive position in the HR technology sector. The company's consistent access to capital across various funding stages points to a robust business model and strong market demand for its automated background screening solutions.
See full Veremark company page
