INSUBCONTINENT EXCLUSIVE:
Criminal records, driving records, employment verifications
Companies that use on-demand employees need to know that all the boxes have been checked before they send workers into the world on their
behalf, and they often need those boxes checked quickly.A growing number of them use Checkr, a San Francisco-based company that says it
currently runs one million background checks per month for more than 10,000 customers, including, most newly, the car-share company Lyft,
the services marketplace Thumbtack, and eyewear seller Warby Parker.Investors are betting many more customers will come aboard, too
This morning, Checkr is announcing $100 million in Series C funding led by T
The number of flexible workers has only exploded in the four years since.So-called alternative employment arrangements, in the parlance of
the Bureau of Labor Statistics, including gig economy jobs, have grown from representing 10.1 percent of U.S
employees in 2005 to 15.8 percent of employees in 2015
And that percentage looks to rise further still as more digital platforms provide direct connections between people needing a service and
workers willing to provide it.Meanwhile, Checkr, which has been capitalizing on this race for talent, has its sights on much more than the
customers, Checkr is also actively expanding outside of the tech and gig economy, he says
It recently began working with the staffing giant Adecco, for example, as well as the major insurer Allstate.At present, all of these
customers pay Checkr per background check
That may change over time, however, particularly if the company plans to go public eventually, which Yanisse suggests is the case
busy bike path in New York
Often, a financing round of the size that Checkr is announcing today suggests a revenue run rate of $100 million or so
