Checkr, a San Francisco, CA-based provider of compliant background check tech platform, raised $100m in Series C funding.
The round was led by funds and accounts managed by T. Rowe Price Associates, with participation from existing investors Accel and Y Combinator.
The company intends to use the funds to accelerate expansion into enterprise and expand the role of artificial intelligence in its background check technology, increasing speed, data insights and accuracy for customers, and nearly double the team in 2018.
Led by Daniel Yanisse, CEO, Checkr provides a background check technology platform that enables thousands of companies of all sizes to hire people by understanding the dynamics of the changing workforce, and getting transparency and fairness to their hiring.
The company also announced three new customers that have selected the platform for background checks: Adecco, Allstate, and Lyft, which joined Uber, Thumbtack, Zenefits, Warby Parker, Hot Topic and thousands of others.