Veremark

Veremark

Provides global background checks for hiring

Overview

Veremark provides employment background checks and candidate screening for HR and recruitment, serving clients globally with checks spanning 180+ countries and over 40 types (including adverse financial history and civil background checks). It sells to businesses (B2B) with checks chosen and customized through its software platform, generating revenue from subscriptions and per-check fees. It differentiates itself through broad geographic coverage, a wide range of check types, customization, transparent and reliable service, and an award-winning platform that integrates with ATS and HRIS to fit existing hiring tech. Its goal is to reduce the stress of changing employment roles for candidates and help companies make informed, trustworthy hiring decisions by delivering clear, comprehensive background information.

About Veremark

Simplify's Rating
Not yet rated

We're working on gathering enough insights on this company, check back soon!

Industries

Company Size

51-200

Company Stage

Series B

Total Funding

$44.2M

Headquarters

London, United Kingdom

Founded

2018

Get referred to Veremark

See people who can refer or advise you

Funding

Total Funding

$44.2M

Below

Industry Average

Funded Over

6 Rounds

Series B funding is typically for startups that have proven their business model and need more funding to expand rapidly—often by entering new markets or adding more products. Investors are usually venture capital firms that specialize in later-stage investments.
Series B Funding Comparison
Below Average

Industry standards

$35M
$30M
Patreon
$45M
Linktree
$65M
Substack
$100M
ClickUp

Benefits

Remote Work Options

Growth & Insights and Company News

Headcount

6 month growth

-3%

1 year growth

-3%

2 year growth

-6%
HRM Asia
Aug 11th, 2026
AI didn't invent hiring fraud. It made it harder to see.

AI didn't invent hiring fraud. It made it harder to see. Candidates are using AI to prepare more effectively, and recruiters are struggling to tell preparation from inflation. At an HRM Asia webinar with Veremark, panellists argued the question has moved from whether a CV matches a role to whether the experience behind it is real. * Josephine Tan * August 11, 2026 AI has not created a new category of hiring fraud. What has been done is make an old one considerably more convincing - and considerably harder to catch at the stage where most organisations still look for it. That was the framing running through The Rise of AI Hiring Fraud: What People Leaders and Talent Acquisition Teams Across Asia-Pacific Need to Do Now, a webinar hosted by HRM Asia in partnership with background screening provider Veremark. Moderated by Dr Damini Chawla, the session brought together Elanie Ooi, Vice-President of People and Culture at Veremark, and Alisa Koh, Recruitment Operations Manager at Allegis Global Solutions. An opening poll suggested the audience was still early in its AI journey. Attendees from Singapore, Hong Kong, Malaysia, the Philippines, and Thailand overwhelmingly described their organisations as cautiously exploring AI in recruitment or not using it in any meaningful way - with few reporting established or experimental programmes. An old problem, better disguised Ooi opened with a case that made headlines last year, in which a cybersecurity firm unknowingly hired someone using a stolen identity and AI-enhanced imagery. The candidate cleared multiple video interviews because everything looked authentic; once onboarded, the individual attempted to install malware. "AI did not create a new type of fraud," Ooi said. "It made an old one much more convincing." Veremark's screening benchmark data points in a similar direction. Drawing on a database of around half a million cases, Ooi said that CV gap analysis produced the highest discrepancy rate of any check, surfacing issues in 51.7% of cases where it was applied. She was careful to note that most of those discrepancies are not deliberate deception - some reflect genuine error or poor record-keeping. The key point is narrower: what appears on a CV does not always tell the full story. For Koh, the line between preparation and misrepresentation is not new, but it has become harder to draw. Responsible use, in her view, is AI helping a candidate communicate real experience more clearly - structuring a CV, organising examples, and preparing for a conversation. It crosses over when the tool is used to inflate experience or imply ownership and accountability the candidate never had. She pointed to CV matching as a live concern at Allegis Global Solutions. Candidates are using AI to rewrite resumes so they mirror the job description almost exactly, and because many screening processes still rely on keyword matching, a thin profile can read as strong. The question for recruiters, Koh argued, is shifting from whether the experience behind it is genuinely there. The checks that find the least One of the sharper findings concerned where organisations put their screening budgets. Ooi said database checks - fast, automated, and often mandated by policy - uncover discrepancies in less than 1% of cases. Employment verification flagged issues in more than 15%, and education verification in more than 21%. Asked where a CHRO with a limited budget should invest first, Ooi nominated employment verification, on the basis that employment history underpins most hiring decisions. She also suggested that HR leaders ask their screening providers a single question: which of our checks actually uncover discrepancies? An answer grounded in data enables an informed decision; one grounded in tradition or compliance alone signals an opportunity to rethink the programme. Koh added a timing dimension. Verification concentrated at the end of the process means identity or credential issues surface only after an offer has been accepted, by which point sourcing and interviewing costs are already sunk. Organisations handling this well, she said, apply a risk-based approach - deeper checks for fully remote or technical roles with access to sensitive systems - and move identity or credential verification forward, often between final interview and offer, or run employment and education checks in parallel. Candidate experience need not suffer as a result. What frustrates candidates, Koh noted, is rarely verification itself but repeated requests for the same information and silence about what happens next. Interviewing for evidence Both panellists returned to the interview as the point where human judgement still does distinctive work. Koh described the moment that makes her pause: a candidate's account sounds polished, but the evidence behind it is missing. Her follow-ups probe for the difficult decision, the stakeholder who pushed back, and what a project sponsor would identify as their contribution - questions that are harder to rehearse. Equally, she cautioned against treating non-traditional profiles as warning signs. Career breaks, non-linear paths and AI-assisted preparation are not, in themselves, cause for concern. Ooi also flagged a gap after day one. Veremark's report found only around 15% of organisations conduct post-hire screening, leaving the remainder relying on information that may have aged since the initial check - as licences lapse, conflicts of interest emerge, and employees move into roles with greater data access. Her closing challenge reframed the whole exercise: instead of asking whether hiring is compliant, ask whether it is confident. "Compliance sets the minimum standard," she said. "Confidence is what helps you to make better hiring decisions."

International Swim School Association
Jul 6th, 2026
Veremark and the International Swim Schools Association partner to make safe hiring standard in swim schools worldwide.

Veremark and the International Swim Schools Association partner to make safe hiring standard in swim schools worldwide. ISSA member schools gain a trusted route to background screening and qualification checks, so every swim teacher is verified and safe to work with children from day one. Veremark, the global background screening and workforce verification provider, has partnered with the International Swim Schools Association (ISSA), the global peak body for swim schools, to help member schools strengthen safeguarding through verified, consistent hiring. Swim schools work with children every day, which makes recruitment the most sensitive part of running one. ISSA members report that finding and retaining qualified teachers is among their hardest shared problems, and that safeguarding standards can be difficult to hold consistent across staff, sites and countries. Screening a new teacher often still means paperwork, chasing referees and manual record-keeping. The partnership pairs ISSA's work in education, research and accreditation with Veremark's screening platform, which covers checks in over 180 countries. Through it, ISSA member schools can: * Run background and identity checks built for safe recruitment * Verify right to work and swim-teaching qualifications before a teacher starts * Keep child-safety checks consistent across every teacher, site and country * Manage and track every check in one place, cutting admin and follow-up Oliver Lobb, Partnership Manager at Veremark, said: "Swim schools carry a level of trust most employers never face. Parents hand over their children and assume everyone at the poolside has been properly checked. Working with ISSA, we can turn that assumption into a certainty for member schools, wherever they operate." Emily McNeill, Global Partnerships Executive at ISSA, said: "Our members tell us recruitment is their biggest challenge, and safeguarding is the part they can least afford to get wrong. This partnership gives them a single, reliable way to verify every hire, so they can focus on teaching more children to swim safely." The partnership is live now. ISSA member schools can find out more at veremark.com/partners/issa or by speaking with the Veremark team. About Veremark Veremark is a global background screening and workforce verification company on a mission to help the world trust faster. It runs more than 40 types of check across 180+ countries, from criminal record and identity checks to right to work, employment history and qualification verification, all managed through one platform. Veremark is ISO 27001 certified and has offices in the UK, USA, Singapore, Australia, New Zealand, the Philippines and the UAE. Learn more at veremark.com. About ISSA The International Swim Schools Association is the global peak body for swim schools, connecting aquatic educators, industry leaders and partners worldwide. ISSA raises the quality, safety and accessibility of learn-to-swim education through education, research, accreditation, networking and international collaboration. Learn more at issaswimschools.org.

Singapore Business Review
Feb 24th, 2026
Veremark acquires RMI, adds 70 specialists and partnerships with Singapore government agencies

Risk Management Intelligence (RMI), a background verification company, has been acquired by global workplace trust firm Veremark as part of its international expansion. The deal brings RMI's 70 specialists into Veremark and strengthens partnerships with Singapore's Ministry of Manpower, Early Childhood Development Agency and Nanyang Technological University. Founded in 2012, RMI provides background screening across Asia-Pacific using public records, sanctions and watchlists. The acquisition follows Veremark's $26 million Series B funding round and its purchase of Agenda Screening Services. Veremark said the investment will expand its screening capabilities in Singapore, including government visa checks. Operations for RMI's customers and partners will continue as usual under the new ownership.

EU-Startups
Feb 3rd, 2026
London-based Veremark secures €22 million to expand AI-driven background screening tools

London-based Veremark secures €22 million to expand ai-driven background screening tools. Veremark, a British workplace trust company, has raised €22 million ($26 million) in Series B funding to drive further investment in new products, AI, and continuing to expand the company's global scale. The round was led by Gresham House Ventures, with participation from existing investors Samaipata, ACF Investors and Stage 2 Capital - inclusive of a multi-million dollar debt facility from Salica Partners. Daniel Callaghan, CEO and co-founder of Veremark, says: "The world of work is facing a new set of challenges. The modern company is looking to ensure an 'always on' mindset to managing employee conduct risk. Veremark provides companies with enhanced confidence in who they are bringing into the business and enables multiple checkpoints to ensure their behaviours remain ethical and appropriate. We help companies reduce hiring risk, improve auditability and help protect workplace integrity beyond the point of hire." In the 2025 - 2026 EU-Startups funding landscape for HR technology and adjacent hiring platforms, investment activity has concentrated on AI-enabled workforce infrastructure. Copenhagen-based Kiku raised €4 million at Seed stage to develop AI tools aimed at high-volume frontline recruitment, while Madrid-based Orbio secured approximately €6.4 million to expand its AI-native human capital management system. Against this backdrop, Veremark's €22 million Series B stands out as a larger growth-stage round within the same broad HR and compliance technology category, bringing total disclosed funding across these deals to roughly €32 million. While Kiku and Orbio focus on recruitment efficiency and workforce management, Veremark's funding is directed towards scaling global background screening and workplace trust infrastructure, indicating investor appetite across complementary layers of the HR technology stack rather than a single dominant use case. "Our goal is to make trust something employers can evidence and manage in practice, combining secure global screening with tools that help protect people, surface concerns earlier and strengthen workplace standards. This funding enables us to scale that globally, while continuing to invest in world class client experience as we grow," adds Daniel. Founded in 2018, Veremark connects background screening, whistleblowing, and credential verification into one system. While performing background checks on new candidates for companies across the globe, Veremark also helps businesses rescreen existing employees. The business also has a career passport - Verepass - that allows candidates to own, manage and share their verified credentials. Today's investment follows a period of sustained growth for Veremark, which grew its revenue run rate by 300% in 2025 and recently acquired Agenda Screening Services, a specialist background screening firm, offering criminal checks, instant employment checks, global sanctions, credit and bankruptcy checks in over 180 countries. Employers who use Veremark can implement global background screening at scale during the hiring process or on an ongoing basis. Joe Krancki, Investment Director at Gresham House Ventures, says: "We've known the Veremark founders for many years and have seen them operate up close across different phases of growth and market conditions. What consistently stands out is the quality of the team - thoughtful, values-driven, and genuinely world-class. Veremark has built a category-defining platform at the intersection of global hiring, regulation and trust, at a time when AI is increasing the complexity and risk of verifying people at scale. "We're excited to partner with the team as they scale internationally and continue to set the standard for how workplace trust is managed in a modern, global organisation." With an increasingly dynamic global workforce, shorter tenures, and the growing use of AI to present false data or profiles and capabilities, the company believes that hiring managers are finding it harder than ever to verify candidate information and confirm identity. Veremark estimates that the forward looking market for companies to adopt stronger workplace trust initiatives is €101 billion ($120 billion) per year, as organisations face growing pressure to hire safely, protect culture and maintain compliance. Alongside pre-hire screening, Veremark has recently launched tools that support workplace integrity throughout employment, including a fully anonymous Whistleblowing and Speak Up platform and reporting functionality. The company now employs more than 200 people, has seven offices worldwide, including the UAE, New Zealand and the Philippines and works with more than 6,000 clients globally. Veremark's clients include worldwide industry players, e.g., OVO Energy and Schneider Electric. Tim Mills, Managing Partner at ACF Investors, adds: "With the spread of AI increasing risks around identity verification, Veremark's technology replaces fragmented, manual background screening checks with a seamless, candidate-first approach, enabling businesses to make smarter hiring decisions. "The company's impressive and sustained growth is a testament to its best-in-class leadership team, paired with innovative technology that is helping to redefine pre-employment screening. We look forward to continue working with the team on its remarkable journey."

UK Tech News
Feb 3rd, 2026
Veremark raises £19M Series B led by Gresham House Ventures to scale global workplace trust platform

Veremark, a global workplace trust company, has raised $26 million (£19 million) in Series B funding led by Gresham House Ventures, with participation from existing investors Samaipata, ACF Investors and Stage 2 Capital. The round includes a debt facility from Salica Partners. The London-based company, which provides background screening and workplace integrity tools, grew its revenue run rate by 300% in 2025 and recently acquired Agenda Screening Services. Veremark now employs over 200 people across seven offices worldwide and serves more than 6,000 clients globally. The funding will support investment in new products, AI development and global expansion. Veremark offers background screening, a whistleblowing platform and Verepass, a blockchain-based credential verification system that enables candidates to manage verified credentials.

Recently Posted Jobs

Sign up to get curated job recommendations

Veremark is Hiring for 1 Jobs on Simplify!

Find jobs on Simplify and start your career today

Don't see your dream role? Check out thousands of other roles on Simplify. Browse all jobs →