Checkr
Checkr Raises $250M in Series E
Quick Facts
Checkr Raises $250M in Series E
Checkr has successfully raised $250M in a Series E at a $5B valuation led by Coatue, T. Rowe Price, Durable Capital Partners, Y Combinator, Accel, IVP, Tiger Global.
Company Overview
Checkr is a HR Tech company headquartered in 548 Market Street, San Francisco, CA 94104, founded in 2014 with 800+ employees.
Background check platform
Fundraising Details
- Amount Raised: $250M
- Round Type: Series E
- Valuation: $5B
- Date: 2024-09-15
- Investors: Coatue, T. Rowe Price, Durable Capital Partners, Y Combinator, Accel, IVP, Tiger Global
About Checkr
Background check platform The company is positioned in the HR Tech sector, serving a growing market with innovative solutions.
Key Information
- Headquarters: 548 Market Street, San Francisco, CA 94104
- Founded: 2014
- Team Size: 800+
- Industry: HR Tech
What This Means
This funding round demonstrates strong investor confidence in Checkr's vision and execution. The capital will likely be used to:
- Scale Operations: Expand the team and operational capacity
- Product Development: Enhance existing products and develop new features
- Market Expansion: Enter new markets and strengthen presence in existing ones
- Technology Investment: Invest in infrastructure and technology capabilities
Industry Context
The HR Tech sector continues to attract significant investment as companies innovate to meet evolving market demands. Checkr's successful fundraising reflects the strong fundamentals and growth potential in this space.
Valuation Milestone
Reaching a $5B valuation marks an important milestone for Checkr, positioning the company among notable players in the HR Tech industry.
Looking Ahead
With this new capital, Checkr is well-positioned to execute on its growth strategy and continue building innovative solutions in the HR Tech space. The company's trajectory will be one to watch as it deploys this funding to achieve its next phase of growth.
This fundraising news was reported on 2024-09-15. For more information about Checkr, visit their headquarters at 548 Market Street, San Francisco, CA 94104.
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