Checkr
Unicorn · $5BYC S14YC Top CompanySan Francisco, US · Founded 2014 · Delaware corporation · 800 employees · Hiring · 17 known investors
Checkr provides background verification and fraud detection services for hiring, loan approvals, insurance, and tenant screening decisions. The platform uses AI to process and analyze fragmented data to deliver verification insights across multiple industries.
Also known as Checkr, Inc.
Founders & leadership· Y Combinator alumni (S14)
Checkr was founded in 2014 by Daniel Yanisse and Jonathan Perichon.
Board

Investors · 17
Also in the syndicate · 1
Reported raises · per SEC filings
Form D private placements$488.6M disclosed across 3 rounds · 2018–2021
▶$250MraisedSep 2021 · 23 investors · Other TechnologyRule 506(b)
- Ali RowghaniDirector
- Daniel YanisseExecutive Officer, Director
- Jonathan PerichonExecutive Officer, Director
- Richard WongDirector
- Ingrid LestiyoDirector
- Marcus RyuDirector
- Naeem IshaqExecutive Officer
- Jennifer YehExecutive Officer
- Todd FreedmanExecutive Officer
- Offering amount
- $250M
- Amount sold
- $250M
- First sale
- Aug 2021
- Incorporated
- Corporation, Delaware
- Federal exemptions
- 06b
▶$160.6MraisedSep 2019 · 24 investors · Other TechnologyRule 506(b)
- Marcus RyuDirector
- Richard WongDirector
- Ali RowghaniDirector
- Daniel YanisseExecutive Officer, Director
- Jonathan PerichonExecutive Officer, Director
- Offering amount
- $175M
- Amount sold
- $160.6M
- First sale
- Sep 2019
- Incorporated
- Corporation, Delaware
- Federal exemptions
- 06b
▶$78MraisedApr 2018 · 28 investors · Other TechnologyRule 506(b)
- Daniel YanisseExecutive Officer, Director, Promoter
- Ali RowghaniDirector
- Richard WongDirector
- Jonathan PerichonExecutive Officer, Director, Promoter
- Offering amount
- $100M
- Amount sold
- $78M
- First sale
- Apr 2018
- Incorporated
- Corporation, Delaware, 2014
- Federal exemptions
- 06b
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
Valuation · disclosed
Disclosed eventsSource: SEC prospectus filings, and round valuations the company or its investors disclosed — follow each entry's link for the claim.
The YC application· Summer 2014 batch
Alumni Q&A
- How did your company get started? (i.e., How did the founders meet? How did you come up with the idea? How did you decide to be a founder?)
- Founders Daniel Yanisee and Jonathan Perichon met while working as engineers at the on-demand delivery startup Deliv, where they observed that the background check process was slow and tedious, delaying hiring for gig-economy companies. They built Checkr as an API-first platform combining human review and AI to speed up background checks, with a stated focus on reducing bias against applicants whose past records did not affect their ability to do the job.
- How did you decide to apply to Y Combinator? What was your experience applying, going through the batch, and fundraising at demo day?
- Daniel had regarded Y Combinator highly since his time in Europe and saw it as a way to move from engineer to founder, a view he shared with co-founder Jonathan Perichon; they applied after attending several YC events and were accepted. The founders describe the batch as formative, and Daniel cites investor introductions at a demo day held at the Computer History Museum as important to the company's early fundraising.
Summarized from the founders' answers on their Y Combinator profile.
Company profile
researched Aug 2026Checkr is a San Francisco-based technology company that provides background checks and identity, income, employment and asset verification through an API-first platform combining automation and AI with human review. The company describes itself as building "people infrastructure for the future of work," and positions its product as a verification platform for high-stakes decisions.
The platform is organized around five use cases: Workforce (employment background checks emphasizing speed, accuracy and compliance); Mortgage (automated income, employment and asset verification for lenders); Tenant (consolidated criminal-history and income screening reports for landlords, delivered in minutes rather than the stated 48-72 hour industry average); Trust (sub-second API access to criminal, identity and driver intelligence for insurance underwriting, car rental and marketplace trust-and-safety use cases); and Personal (a consumer-facing verified profile with identity confirmation, safety check and credential validation that individuals can share with employers, landlords and platforms). Checkr states it has mapped 260M+ real identities covering 96% of US adults and reports an NPS above 60. In 2021 the company said it processed over 30 million background checks annually.
Checkr also operates Checkr.org, its corporate foundation, which focuses on fair chance hiring for justice-impacted individuals and on funding technology and partnerships aimed at preventing fraud, abuse and exploitation.
Founding story
According to Y Combinator, co-founders Daniel Yanisse and Jonathan Perichon were engineers at the on-demand delivery startup Deliv, where they observed that the background check industry was slow and manual at a time when the on-demand economy was expanding rapidly, particularly slowing hiring for companies with flexible, gig-based workforces. They set out to streamline the process without sacrificing accuracy and founded Checkr in 2014, going through Y Combinator's Summer 2014 batch after Yanisse—previously based in Europe—viewed YC as a route from engineer to founder. Early interactions with job applicants, including candidates rejected for records unrelated to the job at hand, shaped the company's stated fair-chance mission. Forbes notes that Yanisse's parents had to repeat medical school after emigrating from Communist Romania to France because their degrees were not recognized, framing the company's focus on unblocking employment opportunities.
Business model
Checkr sells verification and background screening to businesses, ranging from self-serve signup for small volumes to enterprise agreements; the signup flow segments customers by use case (hiring employees, personal use, tenant screening, mortgage lending, risk/trust and safety) and by annual check volume from 1-10 up to 1,000+. A third-party research profile characterizes the model as subscription fees for background check offerings with a product-led motion moving from free trial to enterprise deals plus upsell of additional services and partnerships; this characterization is from an aggregator rather than the company.
Revenue is generated from business customers purchasing background checks and verification products, with volume-tiered self-serve and enterprise sales motions [0][3]. A third-party profile describes subscription fees as the primary revenue mechanism and estimates annual revenue in the $250M-$500M range [5]; Checkr itself stated in 2021 that it was profitable at a scale of several hundreds of millions of dollars of revenue per year [4].
Traction
Company-reported figures: 140,000+ businesses on the platform, 260M+ identities mapped covering 96% of US adults, NPS above 60, and (as of 2021) over 30 million background checks processed annually with sustained profitability. Forbes reported more than 100,000 customers and 750 employees as of September 2025; Y Combinator lists a team size of 800 and a third-party research page estimates 1,085. Customer references span gig platforms (Lyft), mortgage lenders (Pennymac, Virginia Credit Union), hospitality (Kimpton), and technology (Verkada), with Forbes additionally naming OpenAI, FIFA and DoorDash.
Latest developments
Checkr's website prominently announces the acquisition of Truv, with a linked announcement post; the site now presents a five-segment platform covering Workforce, Mortgage, Tenant, Trust and Personal verification. Forbes reported in September 2025 that the company was valued at $5 billion with more than 100,000 customers and 750 employees. Open roles in identity risk solutions, mortgage, verifications and an internal incubator indicate continued product expansion beyond core employment screening.
▸Full profile — market position, technology, go-to-market, geography, history, risks & controversies
Market position
Checkr is described by Forbes as a background check software company valued at $5 billion with more than 100,000 customers as of September 2025, and by its own site as serving 140,000+ businesses. In 2021 it reported processing over 30 million background checks annually and being profitable at several hundred million dollars in annual revenue. A third-party research profile places it in HR Services with Series E funding. The company markets itself against incumbent background check vendors on accuracy, speed and compliance.
Checkr's stated differentiators are an API-first architecture combining AI automation with human expert review, breadth of coverage across a single platform spanning employment, mortgage, tenant, trust/safety and consumer-facing verification, and a large mapped identity dataset. Marketing claims include finding more criminal records than other major providers in head-to-head tests, faster turnaround than prior vendors for 97% of customers, tenant reports in about four minutes versus a 48-72 hour industry average, and a 75% mortgage verification completion rate versus a stated 48% industry average. The company also emphasizes fair chance hiring products such as an expungement solution and operates Checkr.org as a related foundation.
Technology
Checkr operates an API-first platform that applies artificial intelligence and automation to fragmented records data, paired with human expert review, to return background check and verification results. Capabilities cited include criminal record search, identity verification, driver/license status and MVR-related intelligence delivered through a single API in under a second, and automated income, employment and asset verification for mortgage lending. The company reports a database of 260M+ mapped identities covering 96% of US adults and claims 99.95% accuracy on mortgage verifications. Job listings reference engineering teams for identity risk solutions, mortgage, verifications and an incubator.
Go-to-market
Checkr combines self-serve online signup segmented by use case and check volume with a direct "talk to sales" enterprise motion, and integrates with customer systems such as HRIS platforms. Marketing emphasizes head-to-head accuracy comparisons, turnaround-time advantages (97% of customers say turnaround beats their prior vendor), compliance risk reduction (78% of customers), and cost savings for lenders (up to 50%). Customer testimonials from talent acquisition, people operations, legal and mortgage fulfillment leaders are used as proof points across hiring, mortgage, tenant and trust segments.
Employers of all sizes hiring employees, freelancers/contractors and volunteers; mortgage lenders and credit unions; landlords and property managers screening tenants; insurance carriers, car rental operators and online platforms/marketplaces needing risk and trust signals; and individual consumers running checks on themselves or on nannies, home service providers and people met online. Named customers and references include Lyft, Pennymac, Verkada, Kimpton Hotels & Restaurants, Virginia Credit Union, Adventure Nannies, Purple and Genuine Foods, with Forbes and company materials also citing OpenAI, FIFA, DoorDash, Instacart, Adecco, Airbnb, Drift and Coinbase.
Geography
Headquartered in San Francisco, California, United States. Job postings list roles in San Francisco and Denver, Colorado, plus remote (US) positions. Product metrics and coverage claims are US-focused, including identity coverage of 96% of US adults.
History
Checkr was founded in 2014 in San Francisco and participated in Y Combinator's Summer 2014 batch. In September 2021 it announced a $250 million Series E at a $4.6 billion valuation, bringing total funding to $550 million at that time, and stated it had achieved and maintained profitability while operating at a scale of several hundred million dollars of annual revenue. A third-party research page reports a further Series E dated April 14, 2022 and cumulative funding of $680 million across eight rounds. In February 2022 the company announced Checkr.org, its corporate foundation. Forbes, as of September 2025, reported a $5 billion valuation, more than 100,000 customers and 750 employees. The company's website currently announces an acquisition of Truv and describes an expanded platform spanning workforce, mortgage, tenant, trust and personal verification.
Risks & controversies
No controversies, litigation or regulatory actions are described in the available sources. The sources do note that Checkr operates in a regulated background screening market where compliance is a core buying criterion, and a third-party research profile references the need to navigate regulatory complexities. Source figures for headcount (750 per Forbes, 800 per Y Combinator, 1,085 per a third-party aggregator) and total funding ($550 million per the company in 2021 versus $680 million per an aggregator) are inconsistent.
Compiled by commissioned research from 8 cited public sources — announcements, filings, and press listed under research sources below.
Key figures
latest reportedCompany-reported or press-reported figures, each dated to when it was claimed — not independently audited.
Founder mafia
The Checkr mafia →8 people who came through Checkr went on to found or lead other companies.
+ 1 more
Competitors · 6
by search overlapCompanies competing with Checkr for the same Google search keywords, organic and paid, via search-intersection analysis.
Timeline · 3
launches, deals, and filingsCheckr's website announces the acquisition of Truv, with a linked announcement post. No terms disclosed in the source.
Y Combinator news listing notes the announcement of Checkr.org, the company's corporate foundation focused on the fair chance movement; Checkr.org describes its mission as advancing economic mobility for justice-impacted people and countering fraud, abuse and exploitation.
Round led by Durable Capital with new investors Fidelity Management & Research Company LLC and Franklin Templeton, plus participation from BOND Capital, Khosla Ventures, IVP, T. Rowe Price, Coatue, Accel and Y Combinator. Company said total raised reached $550 million.
$250M source ↗
Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.
Legal entities · 1
corporate structureIn the news
Background checks pay for Checkr, which just raised $100Mtechcrunch.com · Apr 2018▸Research sources · 8
primary sources listed
- Checkrcheckr.com · web
8 public sources were cited for this profile; the first-party ones are listed here.
Frequently asked questions
- What does Checkr do?
- AI-powered background check and verification platform used by 140,000+ businesses for hiring, mortgage, tenant and trust decisions.
- Who founded Checkr?
- Checkr was founded by Daniel Yanisse, Jonathan Perichon in 2014.
- Who are Checkr's investors?
- Checkr's investors include Accel, Activant Capital, Coatue Management, DCVC (Data Collective), Earl Grey Capital, GV (Google Ventures), Industrious Ventures, IVP (Institutional Venture Partners) and 8 more.
- How much funding has Checkr raised?
- Checkr has disclosed $488.6M raised across 3 rounds.
- Where is Checkr headquartered?
- Checkr is headquartered in San Francisco, US.




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