Checkr was founded in 2014 by Daniel Yanisse and Jonathan Perichon. In an interview with Forbes from September 2019, CEO Daniel Yanisse stated that while the company was close to profitability, an IPO was likely a few years away. These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO.
Checkr leverages artificial intelligence and machine learning to provide background check services. Notably, gig economy companies Uber, Lyft, Postmates, and Grubhub use Checkr’s services. Checkr has raised $310 million in Venture Capital funding from investors including Bond Capital, Coatue Management, T. Rowe Price, UpHonest Capital, IVP, Accel, GV, Cota Capital, Khosla Ventures, and Y Combinator. Per a company press release, Checkr last raised $160 million in September 2019 at a post-money valuation of $2.2 billion.