Veremark

What Veremark does

Veremark is a London-headquartered global background screening and credential verification platform founded in 2020, operating across 180+ countries and serving more than 6,000 clients including PepsiCo, BCG, Schneider Electric, AXA, McDonald's, Wise, OVO Energy, Teleperformance, Worley, Cargill, ComplyAdvantage, and Zilch. The platform runs over 40 types of credential checks — criminal records, employment history, education verification, identity, reference, right-to-work, adverse financial, civil, and social media — exposed through a web console, the VereLink public API, and native integrations with nine major HR/ATS platforms including Workday, SAP SuccessFactors, Greenhouse, Ashby, SmartRecruiters, HiBob, Teamtailor, Pinpoint, and Workable. Veremark holds ISO 27001 certification and is GDPR, PDPA, and FCRA compliant.

The product surface has expanded beyond one-time pre-hire screening into adjacent workplace-trust categories: Verepass, a blockchain-based digital career passport that lets candidates carry verified credentials across employers; AI-resistant verification tools designed to detect AI-generated fake candidates and fabricated resumes; a continuous (post-hire) screening service addressing the 'post-hire trust gap'; and an anonymous whistleblowing module. The company has executed a programmatic acquisition strategy, buying Employrite (Australia/New Zealand, 2023), Agenda Screening Services (UK life sciences/security/education, Sept 2025), and Risk Management Intelligence (Singapore, Feb 2026), the last of which brought approved verification agency status under Singapore's Ministry of Manpower and the ECDA.

Commercially, Veremark runs a hybrid GTM: enterprise field sales with annual contracts and minimum spend commitments for large customers (Wise, Schneider Electric, McDonald's tier), plus a self-serve PLG motion with pay-as-you-go pricing starting around $6 per check and credit-based purchasing for growth companies and SMBs. Revenue is generated through per-check transaction fees, enterprise subscriptions, and platform/API access. The company reached £20 million annualized revenue by December 2025 (up from £5M in 2024, a 300% increase), employs approximately 270 people across seven offices worldwide, and has raised approximately $37M in total equity funding across seed, Series A, and a $26M Series B led by Gresham House Ventures in February 2026.

Name

Veremark

Legal name

Veremark Ltd

Website

https://veremark.com

Company type

Private

Founded year

2020

Operating status

Operating

Headcount range

101–250 employees

Short description

Veremark is a London-based global background screening and credential verification platform operating across 180+ countries, serving 6,000+ enterprise and growth clients with 40+ check types, HR-platform integrations, and AI-resistant verification tools.

Ownership category

akta.pro rank

Product category

Background Screening and Credential Verification

NAICS

Investigation and Personal Background Check Services (561611), Employment Placement Agencies and Executive Search Services (56131)

SIC

Services-Detective, Guard & Armored Car Services (7381), Services-Employment Agencies (7361)

akta.pro primary industry

Pre-Employment Background Checks & Screening (BPAKAEAA)

akta.pro secondary industries

Criminal Background Checks (National/State/County) (BPACALAA), Continuous Monitoring & Post-Hire Screening (BPACALAJ), Identity Verification (ID, SSN Trace, KYC-lite) (BPACALAD), Credential, Education & Professional License Verification (BPAKAEAI), Credit History Checks (Permissible Purpose) (BPACALAF)

Keywords

• Background screening services
• Credential verification platform
• Pre-employment checks
• Workforce screening software
• Employment verification API

Headquarters

HQ city

London

HQ country

United Kingdom

HQ region

Europe

Offices4 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Marketing or Sales, Operations, Infrastructure

Revenue model

1. Background Screening Services: Per-check background screening services including criminal record checks, employment verification, education verification, reference checks, identity checks, right-to-work checks, and other credential verification services. Pricing is typically per-check with volume discounts for enterprise clients.
2. Enterprise Subscription Contracts: Annual and multi-year contracts with enterprise clients, often including minimum spend commitments and customized pricing tiers based on volume. Clients can purchase credits in advance or operate on invoiced accounts.
3. Platform Access and API Services: Web platform and API services providing access to screening capabilities, integrated into HR systems and employers of record platforms.

Pricing tiers

Go-to-market motion3 records

Distribution channels4 records

Marketing channels7 records

Core offering

Veremark provides global background screening and credential verification services through a digital platform that conducts pre-employment checks (criminal records, employment history, education, identity, right-to-work, reference, adverse financial) across 180+ countries for enterprise employers, growth companies, and staffing firms. The platform is augmented by Verepass blockchain-based digital career passport, continuous post-hire screening, anonymous whistleblowing, and a public Verelink API for HR system integration.

Product overview

Veremark is a global workplace trust platform providing background screening and credential verification services. The platform operates as a unified system combining a core background screening platform (offering criminal records, employment history, education verification, identity, reference, and right-to-work checks across 180+ countries) with add-on modules including Verepass (blockchain-based digital career passport), Whistleblowing (anonymous reporting), and Continuous Screening (post-hire monitoring). The company also offers the Verelink API for programmatic access and integration. Following acquisitions of Agenda Screening Services (UK), Employrite (Australia/NZ), and Risk Management Intelligence (Singapore), Veremark serves over 6,000 clients including enterprise companies like Wise, PepsiCo, Schneider Electric, and BCG.

Differentiator

Problem solved

Functional benefit

Brands

• Verepass: Blockchain-based credential passport allowing candidates to store and share verified credentials digitally.

Products and services

• Background Screening Platform Core platform offering pre-employment background checks including criminal records, employment history, education verification, identity, reference, right-to-work, social media, adverse financial, civil background, instant employment, and MOM education verification checks across 180+ countries for enterprise employers, growth companies, fintech, and staffing firms.
• Verepass Credential Passport Blockchain-based digital career passport that enables candidates to store and share verified credentials across employers, reducing redundant background checks and providing portable professional identity verification.
• Verelink API Public API enabling programmatic access to Veremark's screening services for integration into client HR systems, ATS platforms, and employer-of-record systems; allows clients to order checks, retrieve results, manage candidates, and access screening reports.
• Continuous Screening Post-hire ongoing monitoring service that continuously verifies employee credentials and backgrounds after initial hiring, addressing the 'post-hire trust gap'.
• Anonymous Whistleblowing Platform Anonymous whistleblowing platform enabling employees to report concerns about workplace misconduct, fraud, or compliance issues confidentially.

Quantifiable outcome

• 300% revenue run rate increase in 2025
• +2 more outcomes

Named customers12 records

Segments7 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration10 records

AI capability5 records

Feature5 records

Partnerships

Twelve partnerships are on record, tiered supporting and core.

• KBS CorporatesupportingImplementation/ SI/ Consulting PartnerCorporate finance advisory firm that advised Veremark on the acquisition of Agenda Screening Services.
• WorkdaycoreTechnology or IntegrationDeep integration partnership allowing Veremark's screening services to be accessed directly within Workday's HR and financial management platform.
• SAP SuccessFactorscoreTechnology or IntegrationIntegration partnership enabling seamless background screening within SAP's human experience management (HXM) suite.
• GreenhousecoreTechnology or IntegrationIntegration partnership allowing Veremark background checks to be initiated and managed within Greenhouse's applicant tracking system.
• AshbycoreTechnology or IntegrationIntegration partnership with Ashby's modern hiring platform for streamlined background screening workflows.
• SmartRecruiterscoreTechnology or IntegrationIntegration with SmartRecruiters' talent acquisition platform enabling unified hiring and screening processes.
• TeamtailorsupportingTechnology or IntegrationIntegration partnership with Teamtailor's recruitment marketing and applicant tracking platform.
• HiBobsupportingTechnology or IntegrationIntegration with HiBob's HR platform for streamlined onboarding and background screening coordination.
• PinpointsupportingTechnology or IntegrationIntegration with Pinpoint's talent acquisition platform for enhanced hiring workflows.
• Singapore Ministry of ManpowercoreStrategic or Co-development PartnerRMI, acquired by Veremark, is an approved verification agency under Singapore's Ministry of Manpower, providing official background verification services for work passes and employment verification.
• Early Childhood Development Agency (ECDA)coreStrategic or Co-development PartnerRMI, acquired by Veremark, is an approved verification agency under Singapore's ECDA, providing background screening for early childhood education sector employees.
• Nanyang Technological University (NTU)supportingStrategic or Co-development PartnerPartnership with NTU Singapore for education verification services, enabling credential checks for university graduates and staff.

Scale indicators10 records

Recent moves6 records

Expansion highlights7 records

Emerging players

• RefNow: Reference checking platform serving SMB and mid-market employers globally. Comparable to Veremark's reference check product but with narrower scope focused exclusively on reference verification.
• Certn: Modern AI-driven background screening platform targeting growth-stage and tech-forward employers. Closely comparable to Veremark's product-led growth motion and self-serve onboarding for smaller customers.
• SpringVerify: India-based digital background verification platform serving enterprise and staffing customers. Overlaps with Veremark's employment and education verification services, particularly in APAC markets.

Direct peers

• Checkr: Leading US-based background check provider offering AI-powered screening across employment, criminal, and identity checks. Direct competitor to Veremark in enterprise and growth-stage employer segments with comparable API-first delivery model.
• HireRight: Global background screening provider serving multinational enterprises with employment verification, criminal checks, and drug testing. Directly competes with Veremark in the enterprise global screening segment with overlapping customer base.
• Xref: Reference checking and background screening platform primarily serving APAC and UK markets. Comparable to Veremark's automated reference and employment history verification capabilities with similar candidate self-serve model.
• Accurate Background: US-headquartered background screening provider with global capabilities serving enterprise customers. Competes with Veremark on employment verification, criminal checks, and integrated HR platform workflows.
• Sterling (Sterling Talent Solutions): Major background screening and identity verification company serving enterprise and mid-market employers globally. Overlaps with Veremark's full-service employment screening offering and competes for similar enterprise contracts.

Broad incumbents

• Onfido: Identity verification specialist offering AI-based document and biometric verification. Comparable to Veremark's identity verification and Verepass credential products, with broader enterprise reach across financial services and fintech verticals.

Regional players

• Pimlico (now Veremark-merged brand): UK-focused background screening platform serving mid-market employers. Direct regional overlap with Veremark's UK enterprise segment following Agenda acquisition and operating geographies.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/veremarkltd
• Facebookfacebook.com/veremarkbackgroundchecks
• LinkedInlinkedin.com/company/veremark

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Subsidiaries3 records

Funding overview

Funding rounds8 records

Investors14 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A2 records

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Veremark