Veremark
Category: AI in HR & Talent
A global, AI-driven background screening and reference checking platform that automates candidate verification through a digital career passport. Veremark was founded in 2019. The company is led by Daniel Callaghan. Based in London, United Kingdom. Team size: 101-500. Total funding raised: $47,525,000. Latest round: Series B. Key investors include Gresham House Ventures, Stage 2 Capital, ACF Investors, Samaipata, Vulpes Investment Management, Gaingels.
- Founded
- 2019
- Headquarters
- London, United Kingdom
- Team size
- 101-500
- Total funding
- $47,525,000
Value proposition
Streamlines the hiring process by reducing turnaround times for background checks from weeks to days, lowering costs through automation, and ensuring global compliance.
Products and solutions
Automated Background Screening (Criminal, Credit, Education, and Employment checks), Verepass (Blockchain-based 'Career Passport' for portable, verified credentials), Automated Reference Checking, Right to Work and Identity Verification, Continuous Employee Monitoring / Rescreening, Anonymous Whistleblowing and Speak Up platform
Unique value
Introduces the 'Career Passport' model (Verepass), which allows candidates to own and reuse their verified credentials, eliminating the need for repetitive checks for every new job application.
Target customer
HR departments, recruitment agencies, and talent acquisition teams at SMEs and global enterprises (e.g., Wise, PepsiCo, BCG).
Industries served
Financial Services, Technology & Software, Professional Services, Healthcare, Gig Economy & On-demand Services
Technology advantage
Leverages AI to automate data extraction and risk assessment across global jurisdictions, combined with blockchain technology to ensure the immutability and security of candidate data.
How they differentiate
Veremark differentiates through its 'Verepass' technology—a blockchain-based career passport that allows candidates to own and reuse their verified credentials. This eliminates redundant checks and reduces costs. Their platform also leverages AI to automate data extraction and risk assessment, significantly reducing turnaround times compared to legacy providers.
Main competitors
Zinc, Checkr, Sterling, First Advantage
Key partnerships
Major ATS Integrations (Greenhouse, Workable, Lever, SAP SuccessFactors), Gresham House Ventures (Series B lead), Salica Partners (debt facility), AI Aviation Jobs (API partnership for verified aviation hiring, Apr 2026), Singapore MOM / ECDA / NTU (via RMI acquisition), Global data providers for localized compliance checks
Notable customers
Wise, PepsiCo, BCG, Schneider Electric, OVO Energy, Lucozade Ribena Suntory
Major milestones
Launched Verepass, a blockchain-based digital career passport for candidates., Acquired Employrite (ANZ, 2024) and Agenda Screening Services (UK, Sep 2025)., Raised $3M Pre-Series B in April 2024; $26M Series B led by Gresham House Ventures in February 2026., Acquired Singapore-based Risk Management Intelligence (RMI) in February 2026, adding ~70 specialists and MOM/ECDA/NTU partnerships., Launched anonymous whistleblowing / Speak Up platform as part of workplace trust suite.
Growth metrics
Reported 300% revenue run-rate growth in 2025; employs 200+ people across seven offices; 6,000+ clients globally; annualised revenue run-rate reached ~£20M (Dec 2025).
Market positioning
A high-growth, tech-first disruptor in the background screening and pre-employment verification market, positioning itself as a faster, more transparent alternative to traditional manual screening firms.
Geographic focus
Headquartered in London with offices in the UK, UAE, Singapore, US, Australia, New Zealand, and the Philippines; strong UK/Europe and APAC focus after Agenda and RMI acquisitions.
Patents and IP
No specific registered patents publicly disclosed; relies on proprietary AI algorithms and blockchain architecture.
About Daniel Callaghan
Daniel Callaghan is a seasoned entrepreneur and HR technology expert with over 15 years of experience. Prior to founding Veremark, he was the Head of Digital Innovation and Investment for APAC at The Adecco Group, where he led digital transformation initiatives. He also founded and served as CEO of Talmix (formerly MBA & Co), a global marketplace for high-end independent business talent, which he scaled over eight years. His career is defined by a focus on the 'Future of Work' and leveraging technology to solve trust and efficiency gaps in global hiring.
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Official website: https://www.veremark.com