Checkr Revenue, Valuation, Funding & Investors
Checkr is valued at $4.6B as of April 2022, a 5.8x multiple on its last reported $800M revenue.
Last Checkr valuation
$4.6B
Series E · Apr 2022
Last Checkr funding round
$61M
Undisclosed stage · May 2025
Checkr revenue
$800M
Series E · Apr 2022
Key investors in Checkr
Accel
Y Combinator
T. Rowe Price
IVP
Coatue
Khosla Ventures
About Checkr
Checkr is a background screening platform providing instant criminal records, employment verifications, education checks, motor vehicle reports, and drug screening for hiring. Its API integrates with ATS systems like Workday and Greenhouse, supporting FCRA compliance and adverse action workflows. Checkr powers onboarding for gig platforms including Uber, DoorDash, and Instacart alongside traditional employers in tech and healthcare. San Francisco-headquartered since 2014, it processes screens in all 50 U.S. states and Canada with machine learning for rapid turnaround.
Founded
2014
HQ
San Francisco, CAWebsite
Status
Privately held
Customer focus
B2B
Revenue model
Usage-based, Subscription
Revenue
$800M (Apr 2022)
Valuation
$4.6B (Apr 2022)
Checkr Valuation
Checkr is currently valued at $4.6B, based on its Series E in April 2022.
Checkr's valuation has grown 16x from $290M at its Series B in March 2016 to $4.6B in April 2022, across 5 priced rounds.
Checkr valuation by funding round
Revenue multiple| Date | Stage | Valuation | Revenue Multiple |
|---|---|---|---|
| Apr 2022 | Series E | $4.6B | 5.8x |
| Sep 2021 | Series E | $4.6B | - |
| Sep 2019 | Series D | $2.2B | - |
| Apr 2018 | Series C | $2.2B | - |
| Mar 2016 | Series B | $290M | - |
Checkr Revenue
Checkr's latest recorded revenue is $800M, as of its Series E in April 2022. At a $4.6B valuation, that implies a 5.8x revenue multiple.
Checkr revenue by funding round
| Date | Revenue * | Valuation | Revenue Multiple | Stage |
|---|---|---|---|---|
| Apr 2022 | $800M | $4.6B | 5.8x | Series E |
* Revenue (or ARR) figures are the values recorded alongside each funding round. Typically run-rate revenue at the time of the deal, or a reported LTM (last 12 months) revenue.
Checkr Funding History
Checkr has raised a total of $740M across 7 funding rounds.
Checkr's first fundraising round was a $9M Series A in October 2014. The most recent completed round was a $61M undisclosed-stage round in May 2025.
Checkr funding rounds
| Date | Stage | Investors | Raised | Valuation | Deal Summary |
|---|---|---|---|---|---|
| May 2025 | Undisclosed stage | - | $61M | - | Checkr is an AI-powered background check platform founded in 2014 that modernizes employment screening for the gig economy and enterprises. The company pioneered an API-first model that automates the traditionally manual verification process, charging per background check rather than through subscriptions. Checkr offers tiered pricing with basic reports starting at $29.99 and comprehensive reports at $89.99, plus over 30 add-on services, with custom enterprise pricing for high-volume users. The company initially gained traction with gig economy platforms like Uber and Lyft but has since expanded to traditional employers across various industries. Checkr's most recent documented funding round was a $120 million Series E-II round in April 2022, which valued the company at $5.75 billion and was led by Silver Lake with participation from T. Rowe Price. The company has raised approximately $679 million in total funding across multiple rounds, with key investors including Durable Capital Partners, Fidelity Management & Research, Franklin Templeton, Accel, and Y Combinator. However, no funding round documentation exists for May 2025, and as of May 16, 2025, the company's valuation was not listed in available public sources, suggesting the company remained private without a newly announced valuation at that time. |
| Apr 2022 | Series E | - | $120M | $4.6B | Checkr is an AI-powered background check platform that modernizes employment screening, particularly for the gig economy and flexible workforce, enabling fast and secure talent onboarding while promoting fair chance hiring. Founded in 2014 and headquartered in San Francisco, the company provides HR technology solutions for compliance, global expansion, and enterprise needs. It has raised over $680 million across multiple rounds, with key investors including Durable Capital Partners, Fidelity, T. Rowe Price, Coatue, Accel, Y Combinator, and others. The September 2021 Series E round raised $250 million at a $4.6 billion valuation, aimed at scaling global operations and becoming infrastructure for the future of work. The target April 2022 funding round, identified as a Series E extension or Series E - II, raised $120 million on or around April 14, 2022, with lead investors from a reported follow-on syndicate including participants like Accel and others. The funding supported global expansion, product maturity, and enterprise go-to-market strategies amid a competitive background check industry. Checkr continues as a private company with total funding around $680-740 million, employing 500-1000 people, focused on AI innovation and market scaling. |
| Sep 2021 | Series E | Durable Capital Partners (lead); Putnam Premier IT; IVP; Y Combinator; Fidelity; T. Rowe Price; Khosla Ventures; Coatue; Accel; Bond | $250M | $4.6B | Checkr is an HR technology company founded in 2014 that provides background screening technology to help businesses conduct faster and fairer checks on job candidates, aiming to unblock 3 million candidates in 2021. The company powers the future of work by enabling quick onboarding in a flexible workforce increasingly reliant on contractors and contingent labor. Many fast-growing businesses use Checkr's platform to initiate and review background checks. On September 1-2, 2021, Checkr raised $250 million in a Series E funding round at a $4.6 billion post-money valuation. Durable Capital Partners led the round, with participation from new investors Fidelity Management & Research Company LLC and Franklin Templeton, alongside existing investors including Bond Capital, Khosla Ventures, IVP, T. Rowe Price, Coatue, Accel, and Y Combinator. The investors highlighted Checkr's strong growth trajectory and unique positioning to scale with the gig economy. Checkr plans to use the proceeds to expand its vision of becoming the infrastructure for the future of work, including innovations in identifying, onboarding, engaging workers, and delivering pay and benefits. CEO Daniel Yanisse emphasized adapting to changing workforce expectations, while Durable Capital's Corey Shull noted Checkr's ability to enable secure, rapid talent expansion for employers. The funding builds on prior rounds, positioning Checkr competitively in the HR tech space amid rising demand for flexible hiring solutions. |
| Sep 2019 | Series D | T. Rowe Price (lead); IVP; Coatue; Accel | $160M | $2.2B | Checkr is a background checking platform specializing in screening gig economy workers and job applicants. The company uses an API-first approach to conduct background checks, with a focus on accuracy, fairness, and expanding access to employment opportunities across diverse worker populations. In September 2019, Checkr closed a $160 million Series D funding round at a $2.2 billion post-money valuation, led by T. Rowe Price Associates with participation from existing investors Accel and Y Combinator, along with Coatue and other growth-stage investors. The capital was earmarked to expand platform functionality, improve accuracy and fairness in background screening, develop new hiring products, and build international capabilities to support customers' global expansion efforts. By this stage, Checkr had established itself as a critical infrastructure player in the evolving gig economy and hiring landscape, having previously raised $100 million in a Series C round in 2018. The company went on to raise additional capital in subsequent years, including $250 million in Series E funding in September 2021 at a $4.6 billion valuation, demonstrating sustained investor confidence in its market position and growth trajectory. |
| Apr 2018 | Series C | T. Rowe Price (lead); Y Combinator; Accel | $100M | $2.2B | Checkr is an HR technology company specializing in AI-powered background checks, helping businesses screen candidates efficiently while supporting fair chance hiring for individuals with criminal records. The specified funding round in late 2018, led by T. Rowe Price with participation from Accel and Y Combinator, valued the company at $2.2 billion post-money. This Series C round, dated around April 10, 2018 in some records but matching the query's December 2018 approximation, raised approximately $78 million to expand platform capabilities and compliance features. Checkr had previously secured Series A ($8.4M in 2014) and Series B ($40M in 2015) funding, building toward its growth-stage financing. The 2018 round positioned Checkr as a leader in the background screening market, automating processes that traditionally relied on manual reviews. T. Rowe Price's leadership highlighted confidence in Checkr's scalability amid rising demand for fast, compliant hiring solutions in gig economy and flexible work sectors. Subsequent developments included a $161M Series D in September 2019 led by T. Rowe Price, Coatue, and Accel, followed by multiple Series E extensions: $250M at $4.6B valuation in 2021 led by Durable Capital, and further raises up to $500M at $5B with Silver Lake. Total funding exceeded $680M by 2022, with investors like Y Combinator continuing support. Checkr maintained rapid growth, serving tens of thousands of customers across hiring use cases. |
| Mar 2016 | Series B | Y Combinator (lead); CSC Upshot; IVP; Pascal Levy-Garboua; Philippe Suchet; David Spector; Signatures Capital; Accel | $40M | $290M | Checkr is an AI-powered background check company founded in 2014 by Daniel Yanisse and Jonathan Perichon, providing HR technology for screening, onboarding, and compliance in hiring processes, particularly for gig economy and flexible workforces. The March 23, 2016, funding round was a $40 million Series B led by Y Combinator Continuity Fund, with participation from investors including Accel, IVP, and others matching the query, aimed at expanding its background screening platform. Earlier rounds included a Series A of approximately $9 million in 2014 led by Accel and a similar amount in July 2014. Subsequent funding progressed to much larger Series D and E rounds, such as $250 million Series E in September 2021 at $4.6 billion valuation led by Durable Capital with participation from Accel, IVP, and Y Combinator, and further extensions up to 2025 totaling over $740 million across 10 rounds. Checkr has grown to serve tens of thousands of customers with multiple API products by 2021, reporting profitability at that stage. The company positions itself as infrastructure for the future of work, emphasizing fair chance hiring, accuracy via AI to reduce bias, and rapid talent onboarding amid shifts to remote and contingent labor. Key investors across rounds include Accel, Y Combinator, IVP, and others, with total funding reaching $679-740 million by later dates. |
| Oct 2014 | Series A | Accel (lead) | $9M | - | Checkr raised $9 million in a Series A round on October 16, 2014, led by Accel with participation from Google Ventures, Khosla Ventures, SV Angel, Data Collective, and angel investors. The company, founded in April 2014 and a Y Combinator graduate from August 2014, provides an API for background checks using public and private data sources, delivering results to employers in two days at a cost of $25 to $35 per report. At the time, Checkr had about 50 customers. The funds were intended to hire more engineers and expand the API to connect with more companies' hiring systems. |
Who has invested in Checkr?
15 investors have backed Checkr across its funding rounds, including Accel, Y Combinator, T. Rowe Price, IVP, Coatue and Khosla Ventures.
Lead investors include Durable Capital Partners, T. Rowe Price, Y Combinator and Accel.
Checkr Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| Palo Alto, CA | 5 | Lead | Oct 2014 | |
| San Francisco, CA | 3 | Participant | Mar 2016 | |
| San Francisco, CA | 3 | Lead | Mar 2016 | |
| Baltimore, MD | 3 | Lead | Apr 2018 | |
| New York City, NY | 2 | Participant | Sep 2019 | |
| San Francisco, CA | 1 | Participant | Mar 2016 | |
| United States | 1 | Participant | Sep 2021 | |
 Paris | 1 | Participant | Mar 2016 | |
| Boston, MA | 1 | Participant | Sep 2021 | |
| Washington, DC | 1 | Lead | Sep 2021 | |
| San Francisco, CA | 1 | Participant | Mar 2016 | |
| San Francisco, CA | 1 | Participant | Sep 2021 | |
![](data:image/svg+xml,<svg xmlns="http://www.w3.org/2000/svg" width="20" height="20" viewBox="0 0 20 20"><rect fill="%23e5e7eb" width="20" height="20" rx="4"/></svg>){kind=small} David Spector | San Francisco, CA | 1 | Participant | Mar 2016 |
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Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
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Start Free TrialAcquisitions by Checkr
Checkr has acquired 5 companies to date.
Last acquisition by Checkr was on August 18th 2026. Checkr acquired Truv for undisclosed valuation.
Latest Acquisitions by Checkr
| Description | Truv is a San Francisco-headquartered verification platform that connects to payroll providers like Gusto and ADP for instant income and employment checks. Lenders and HR teams access data in seconds via API integrations, covering U.S. workers at companies of all sizes. The service complies with FCRA regulations, powering background screenings for mortgages, rentals, and jobs across North America. | Truework is a San Francisco-headquartered platform for automated income and employment verification used by banks, lenders, and property managers. It connects directly to payroll providers like ADP and Workday, enabling instant data access while giving consumers control over shared information. Truework supports mortgage, rental, and loan applications across financial services and fintech sectors through APIs and white-label integrations. | GoodHire is a background screening platform that enables employers to conduct FCRA-compliant checks on criminal records, employment verification, education, and driving history. The service processes over one million checks annually and connects with applicant tracking systems including Greenhouse, Lever, and Workable. It features automated adverse action notices compliant with more than 180 state and local ban-the-box regulations across the United States. Headquartered in Oakland, California, GoodHire operates under Inflection, a trust and safety firm established in 2006 in Silicon Valley. | ModoHR Technologies is an Atlanta-headquartered provider of background screening software. The platform automates criminal records, employment verification, and identity checks with real-time results from global databases. Clients access a secure portal for order tracking and compliance reporting under FCRA standards. Deployed by staffing agencies and corporations since 2015, it processes screenings for industries like healthcare and finance. | |
| HQ Country | | | |  | |
| HQ City | San Francisco, CA | San Francisco, CA | San Francisco, CA | Vancouver | |
| Deal Date | 18 Aug 2026 | 17 Apr 2025 | 12 Apr 2022 | 8 Feb 2022 | |
| Valuation | undisclosed | undisclosed | $400M | undisclosed | |
| EV/Revenue | |||||
| EV/EBITDA | |||||
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Investments by Checkr
Checkr has invested in 1 company to date.
Latest investment by Checkr was on March 5th 2024. Checkr invested in Argyle in their $30M Series C round.
Latest Investments by Checkr
| Description | Argyle is a San Francisco-headquartered fintech providing direct-source verifications of income, employment, and assets from payroll and bank data. Founded in 2018, it serves mortgage lenders, tenant screeners, and gig platforms with API integrations that cut costs by 80% versus legacy providers. Recognized by Fast Company as a 2024 Most Innovative Company, Argyle covers 96% of Fortune 1000 payrolls and supplies data for Fannie Mae's Desktop Underwriter and Freddie Mac's AIM, backed by over $100 million in funding from Bain Capital Ventures and others. | Argyle is a San Francisco-headquartered fintech providing direct-source verifications of income, employment, and assets from payroll and bank data. Founded in 2018, it serves mortgage lenders, tenant screeners, and gig platforms with API integrations that cut costs by 80% versus legacy providers. Recognized by Fast Company as a 2024 Most Innovative Company, Argyle covers 96% of Fortune 1000 payrolls and supplies data for Fannie Mae's Desktop Underwriter and Freddie Mac's AIM, backed by over $100 million in funding from Bain Capital Ventures and others. | Argyle is a San Francisco-headquartered fintech providing direct-source verifications of income, employment, and assets from payroll and bank data. Founded in 2018, it serves mortgage lenders, tenant screeners, and gig platforms with API integrations that cut costs by 80% versus legacy providers. Recognized by Fast Company as a 2024 Most Innovative Company, Argyle covers 96% of Fortune 1000 payrolls and supplies data for Fannie Mae's Desktop Underwriter and Freddie Mac's AIM, backed by over $100 million in funding from Bain Capital Ventures and others. | Argyle is a San Francisco-headquartered fintech providing direct-source verifications of income, employment, and assets from payroll and bank data. Founded in 2018, it serves mortgage lenders, tenant screeners, and gig platforms with API integrations that cut costs by 80% versus legacy providers. Recognized by Fast Company as a 2024 Most Innovative Company, Argyle covers 96% of Fortune 1000 payrolls and supplies data for Fannie Mae's Desktop Underwriter and Freddie Mac's AIM, backed by over $100 million in funding from Bain Capital Ventures and others. |
| HQ Country | | | | |
| HQ City | New York City, NY | New York City, NY | New York City, NY | New York City, NY |
| Deal Date | 5 Mar 2024 | 8 Mar 2022 | 14 Oct 2020 | 12 Sep 2019 |
| Round | Series C | Series B | Series A | Seed |
| Raised | $30M | $55M | $20M | $3M |
| Investors | SignalFire; Bain Capital Ventures; Rockefeller Capital Management | SignalFire; Xffirmers; Bedrock; Bain Capital Ventures | F-Prime; Bedrock; Bain Capital Ventures; Operator Partners | Bain Capital Ventures |
| Valuation | undisclosed | undisclosed | undisclosed | undisclosed |
| EV/Revenue | ||||
| EV/EBITDA | ||||
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Checkr Competitors
Checkr competitors include listed companies like TOTVS and Paylocity, and private ones like Rippling, BetterUp, Tricentis and OutSystems.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| San Francisco, CA | Private | $570M | - | $17B | 29.5x | |
| San Francisco, CA | Private | $100M | - | $4.7B | 47.0x | |
| Austin, TX | Private | $425M | $86M | $4.5B | 10.6x | |
| Boston, MA | Private | $486M | - | $4.3B | 8.8x | |
 Brazil | Publicly listed | $1.1B | $318M | $3.8B | 3.2x | |
| United States | Publicly listed | $1.8B | $499M | $7.8B | 4.2x |
Checkr Public Comps
Checkr is still privately-owned, but its public comps include Workiva, Topicus, TOTVS, Intapp, Hilan, ATOSS Software, Freee, Paylocity, RWS Holdings and Teamshares.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $885M | ($33M) | 4.5x | 4.0x | (120.8x) | 24.0x | |||
| $1.8B | $393M | 3.4x | 3.0x | 15.3x | 10.6x | |||
| $1.1B | $318M | 3.9x | 3.2x | 13.7x | 12.1x | |||
| $578M | ($16M) | 4.6x | 4.5x | (164.3x) | 20.9x | |||
| $993M | $154M | 1.8x | - | 11.9x | - | |||
| $218M | $84M | 7.0x | 6.4x | 18.2x | 17.1x | |||
| $214M | $6M | 6.3x | 4.8x | 237.7x | 65.4x | |||
| $1.8B | $499M | 4.3x | 4.2x | 15.3x | 11.5x | |||
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Common questions about Checkr
| When was Checkr founded? | Checkr was founded in 2014. |
| Where is Checkr headquartered? | Checkr is headquartered in San Francisco, CA, United States. |
| Is Checkr publicly listed? | No, Checkr is a private, VC-backed company. |
| What is Checkr's valuation? | Checkr was last valued at $4.6B in its Series E in April 2022. |
| How much funding has Checkr raised? | Checkr has raised $740M across 7 funding rounds. |
| What was Checkr's last funding round? | Checkr's last funding round was a $61M undisclosed-stage round in May 2025. |
| Who are Checkr's investors? | Checkr's investors include Accel, IVP, Y Combinator, T. Rowe Price, Coatue, CSC Upshot, Putnam Premier IT, Pascal Levy-Garboua, Fidelity, Durable Capital Partners and 5 others. |
| What is Checkr's revenue? | Checkr's latest recorded revenue is $800M (April 2022). |
| What is Checkr's revenue multiple? | Checkr's latest valuation implies a 5.8x revenue multiple ($4.6B valuation on $800M of revenue). |
| Which companies are comparable to Checkr? | Companies comparable to Checkr include Rippling, BetterUp, Tricentis, OutSystems, TOTVS and Paylocity. |
| How many companies has Checkr acquired? | Checkr has acquired 5 companies, including Truv, Truework, GoodHire, ModoHR Technologies and Lytmus. |
| What was the largest acquisition by Checkr? | The $400M acquisition of GoodHire in April 2022 is the largest acquisition Checkr has made to date. |
| How many companies has Checkr invested in? | Checkr has invested in 1 company, including Argyle. |
| What was Checkr's last investment? | In March 2024, Checkr invested in Argyle's $30M Series C alongside SignalFire, Bain Capital Ventures and Rockefeller Capital Management. |
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