- Checkmate raises $1.6M
- Startup simplifies background checks
- Expansion plans target new markets globally
Game-changing startup scores big
Checkmate, a startup transforming the hiring landscape through innovative reference checks and background screening solutions, has successfully raised $1.6 million in seed funding.
The company, boasting 500 enterprise clients across 9 countries, caught the attention of Wavemaker Partners, who led the investment round.
Speeding up the hiring game
Founded in 2019, Checkmate addresses the pain points of lengthy hiring processes and complex compliance requirements.
Their platform consolidates pre-employment background checks and reference verifications into a streamlined experience, potentially reducing hiring timelines from weeks to mere days. The system also bolsters fraud prevention and enhances compliance measures.
What’s next on the board?
Armed fresh capital, Checkmate plans to expand its reach in existing markets and venture into new territories, including Australia, the US, and Southeast Asia.
The Philippines is particularly on their radar. Additionally, the company aims to enhance its technology stack and improve user experience, solidifying its position in the competitive hiring solutions arena.
