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Announced

Completed

Durable Capital Partners led a $250m Series E funding round in Checkr.

Financials

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Transaction Value£181m
Consideration TypeCash
Capital Owned-
Capital Bid For5%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Domestic

advanced background check

Online and Social Platforms

Minority

Friendly

Private

Completed

Venture Capital

Private Equity

Acquisition

Single Bidder

United States

Synopsis

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Durable Capital Partners, an investment advisor firm, led a $250m Series E funding round in Checkr, a platform that provides advanced background check technology. Additional investors included Fidelity Management & Research, Franklin Templeton, BOND Capital, Khosla Ventures, Institutional Venture Partners, T. Rowe Price, Coatue, Accel and Y Combinator. "As the workforce becomes more flexible, people's expectations are changing about where and how they work. We are seeing a growing need for innovative technology to support a new way of identifying, onboarding, engaging, and even delivering pay and benefits to workers. We plan to use the new funding to realize our vision to become the new infrastructure for the future of work and continue our mission to build a fairer future," Daniel Yanisse, Checkr CEO.

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