Yardstik, a Minneapolis, MI-based Trust & Safety platform built to help high-volume hiring businesses safely hire, verify, and onboard workers at scale, raised an additional $12m in funding.
The expansion round was led by MissionOG with participation from existing investors Grotech Ventures, Rally Ventures, and Crosslink Capital.
The company intends to use the funds to expand operations, its business reach and development efforts.
Led by Matt Meents, CEO & Founder, Yardstik brings Trust & Safety tools, workflows, and expertise to companies that need to screen, verify, and hire the right people at scale. Its platform delivers products and support to make screening, verification, and monitoring faster, safer, and affordable for growing gig marketplaces, software platforms, and high-volume hiring businesses.
In the coming months, the company will introduce additional products and services that live within their Trust & Safety Platform. They also plan to increase its team, adding members to fill open roles in engineering, sales, marketing, legal, and technology.
FinSMEs
17/10/2023