3Lines Leads $4M Pre-Series A Investment Round in Vetty

Funding Rounds

Summary

NEW YORK, June 2, 2020 /PRNewswire/ -- Vetty, a fast growing provider of an AI-based employee verification platform for gig-economy marketplaces and enterprises announced it is raising a Pre-Series A round of $4M USD. The Pre-Series A financing builds on a successful year for Vetty which saw a rapidly growing roster of clients seeking a frictionless background screening option for verifying potential employees. "As an industry, were just scratching the surface of the background verification market," Subrat Nayak, Founder and CEO of Vetty said. They have created tremendous value by bringing in their expertise in the AI-enabled tech startup world and guiding us to steer clear of the pitfalls, and working with us on formulating key business strategies. " "Subrats deep knowledge in the HR space, paying attention to details, patience in building the core, and his focus in capital efficiency puts him in the top one percent of very successful entrepreneurs," Kunapuli said.

$ Funding

$
Amount $4.0M Total raised
Date June 2, 2020 Announcement date
Investors Vetty, 3Lines Venture Capital, 3Lines Lead investors
Company http://vetty.co/ Funded company

Classifications

industries
No industries detected
applications
Web and Content Management

AskAI Classifications

Labels
Background Screening Software Hiring and Onboarding Software SaaS

Linked Companies

Vetty, Inc.
$5M to $10M