Company
Date Published
Author
Checkr Editor
Word count
414
Language
English
Hacker News points
None

Summary

We are thrilled to announce that Checkr has raised $100 million in Series C funding led by T. Rowe Price Associates, with participation from existing investors Accel and Y Combinator, to help customers hire great people faster. Since its founding, Checkr has been focused on providing fast and unbiased background checks while championing fair chance hiring for the millions of Americans with a criminal record. With this investment, Checkr plans to expand into new industries such as staffing and retail, modernize screening practices for companies like Adecco, Allstate, and Lyft, and boost its technology by furthering the use of artificial intelligence and machine learning within its platform. The funding will also enable Checkr to nearly double its employee headcount in 2018, aiming to hit a five percent fair chance hiring goal at the end of the year. This milestone marks an important step towards building a better future for workers through fair chance employment opportunities.