Checkr Acquires Truework
Summary
Checkr, a San Francisco, California-based provider of background checks platform, is to acquire Truework, a San Francisco, California-based leader in income and employment verification. The company connected every major verification method into one platform to reduce application friction, maximize coverage, and expedite applications. Today, Truework serves thousands of customers of all sizes—from small businesses to the largest financial institutions, including eight of the top ten US lenders by origination volume. Led by Daniel Yanisse, Co-founder and CEO, Checkr provides an artificial intelligence and machine learning platform and solutions to make background checks faster, easier, and more compliant. Using its advanced screening technology, companies can better understand the dynamics of the changing workforce, bring transparency and fairness to their hiring.