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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: 100-200. Total funding raised: $47,525,000. Latest round: Expansion Round. Key investors include ["Gresham House Ventures","Stage 2 Capital","ACF Investors","Samaipata","Vulpes Investment Management","Gaingels"].

Founded
2019
Headquarters
London, United Kingdom
Team size
100-200
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"]

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 (Lead Investor)","The Adecco Group (Strategic relationship via founder background)","Global data providers for localized compliance checks"]

Notable customers

["Wise","PepsiCo","BCG","Schneider Electric","Lucozade Ribena Suntory"]

Major milestones

["Launched Verepass, a blockchain-based digital career passport for candidates.","Successfully expanded operations into the APAC market with a regional hub in Singapore.","Completed Series B funding in May 2024 to enhance AI-driven compliance tools.","Secured €22 million in expansion funding in February 2026 to scale global AI capabilities."]

Growth metrics

Reported 300% year-on-year revenue growth in 2022/2023; scaled to over 150 employees globally; processed hundreds of thousands of checks for global enterprises.

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 a strong operational focus on the UK, Europe, and the Asia-Pacific (APAC) region, including offices in Singapore, India, and Australia.

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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