Veremark Raises $3M in Pre-seed Funding to Enhance Background Screening Platform and Expand Global Reach

Veremark Raises $3M in Pre-seed Funding

Key Highlights:

• Funding Round: Veremark, a background screening company, raised $3 million in pre-seed funding.
• Investors: Samaipata and Stage 2 Capital led the round, with participation from ACF Investors and Vulpes Investment.
• Company Focus: Veremark provides background screening and pre-hire check services, helping businesses verify candidate work histories, references, identities, and qualifications.
• New Product: Recently launched Verepass, a career passport that allows candidates to own, manage, and share their verified credentials.

Veremark's Target Market

• Target Market: Businesses and organizations of all sizes looking for reliable background screening and pre-hire check services.
• Global Reach: Veremark has offices in London, Singapore, the US, Australia, New Zealand, and the Philippines, catering to a global customer base.
• HR and Recruitment Professionals: HR departments and recruitment agencies seeking efficient and trustworthy screening solutions to ensure quality hires.

What Veremark Needs to Buy

• Technology Development: Investment in technology to enhance and expand their screening platform, ensuring accuracy and efficiency.
• Marketing and Sales Support: Resources to support client acquisition efforts and expand their customer base globally.
• Partnerships and Integrations: Collaborations with other HR and recruitment technology providers to offer comprehensive solutions.