Company
Date Published
Author
Checkr Editor
Word count
418
Language
English
Hacker News points
None

Summary

Checkr, a leading HR technology company, has raised $250 million in a Series E round, valuing the company at $4.6 billion. The funding was led by Durable Capital and new investors Fidelity Management & Research Company LLC and Franklin Templeton. Checkr plans to use the funds to support its vision of becoming the new infrastructure for the future of work, with a focus on innovative technology to identify, onboard, engage, and deliver pay and benefits to workers. The company has achieved profitability while maintaining rapid growth, driven by its API-first products that support tens of thousands of customers in various hiring use cases. Checkr's unique ability to provide solutions for expanding and onboarding talent quickly and securely makes it well-positioned to grow in a flexible workforce with more contractors and contingent labor.