Certn, a Victoria, Canada-based copmany focused on online background checks and identity verification, raised an additional US$30M in Series B funding.
Over US$29.5M came from Export Development Canada (EDC). To date, Certn has raised over US$114M in venture funding with US$80M coming via the latest Series B round. EDC joined other Series B investors including B Capital, a strategic partner of Boston Consulting Group, Bank of Montreal, Gaingels, Covalent Ventures, Tribe, Inovia Capital, Telstra Ventures, Scribble, and Moxxie Ventures.
The company intends to use the funds to expand its background screening technology in EMEA markets.
Certn provides international and domestic background checks and identity verification for employers and anti-money laundering (AML) compliance via an online platform, 24/7 customer support and compliant results from global databases. It is used by 10,000+ clients.
The company acquired UK-based Credence Background Screening a year ago.
FinSMEs
29/04/2023