Market Research Report for Checkr

1. Company Overview

1.1 Basic Information

• Name: Checkr, Inc.

• Mission: To build a fairer future by designing technology that creates opportunities for all.

• Founded: No information available

• Founders: No information available

• Key People:

• Daniel Yanisse, CEO

• Ilan Frank, Chief Product Officer

• Robert Kaskel, Chief People Officer

• Headquarters: No information available

• Number of Employees: No information available

• Revenue: No information available

• Known For: Providing advanced background check solutions leveraging AI and modern technology to improve speed, accuracy, and compliance.

2. Product Offerings

2.1 Product Lines

Checkr offers a comprehensive suite of background check and verification products categorized mainly into the following:

• ENGAGE

• Candidate portal

• Candidate stories

• Expungements

• VERIFY

• Criminal background checks

• Employment verification

• Driving record (MVR) checks

• Transportation (DOT) checks

• Drug testing

• Healthcare checks

• Education verification

• International background checks

• Trust & safety screenings

• NEW: DECIDE

• Adjudication

• Assess

• MANAGE

• I-9 verification

• Pay

• Analytics

• Continuous Checks

2.2 High-Level Product Descriptions

• ENGAGE

• Candidate Portal: Provides an end-to-end candidate portal that helps build trust during the background check process.

• Candidate Stories: Allows candidates to share additional context around their records.

• Expungements: Helps qualified candidates clear eligible charges from their records.

• VERIFY

• Criminal Background Checks: Searches national, federal, state, and county criminal records.

• Employment Verification: Confirms work history provided by the candidate.

• Driving Record (MVR) Checks: Reviews driving records for qualified candidates.

• Transportation (DOT) Checks: Verifies history as per Department of Transportation (DOT) requirements.

• Drug Testing: Supports varied drug testing requirements.

• Healthcare Checks: Screens for sanctions and other healthcare-related verifications.

• Education Verification: Confirms academic history and degrees earned.

• International Background Checks: Provides background checks in over 200 countries.

• DECIDE

• Adjudication & Assess: Tools for making quick, compliant, and safe hiring decisions.

• MANAGE

• I-9 Verification: Ensures legal authorization to work in the US.

• Pay: Manages payments within the hiring workflow.

• Analytics: Provides insights to improve hiring efficiency and compliance.

• Continuous Checks: Ongoing monitoring of criminal records and other credentials.

2.3 Key Features of Selected Products

• Criminal Background Checks:

• National, Federal, State, and County Screening: Comprehensive criminal history reports to mitigate risk.

• Automated Compliance Tools: Ensures adherence to local, state, and federal laws.

• Candidate Portal:

• Mobile-First: Optimized for ease of use on mobile devices.

• Real-Time Status Tracking: Keeps candidates informed about their background check status.

• Adjudication Tools:

• Automated Compliance Filtering: Filters out information that is not legally reportable.

• Built-In Adverse Action Workflows: Automates sending notifications and managing waiting periods.

3. Recent Developments

3.1 New Features Added

• Enhancements to Adjudication and Assess Products: Refined workflows and guidelines for faster, more consistent decision-making.

• Continuous Checks: New features enabling ongoing monitoring for real-time updates on changes in criminal records.

3.2 New Products Launched

• Checkr Trust: A safety screening product for integrating fast and accurate background data into workflows.

• Adverse Media Search: To access public sanctions lists, media sources, and other repositories.

3.3 Partnerships

• Eightfold AI Collaboration: To create an end-to-end hiring solution for making efficient, fair hiring decisions.

• Expanded Integrations: Partnerships with over 100 ATS and HRIS systems to embed Checkr’s background checks into existing workflows seamlessly.

3.4 Awards and Recognition

• 2023 Built In Best Places to Work in the US

• 2024 Built In Best Places to Work in the US

• 2021 Comparably’s Best Company in Happiness

• Fortune’s Change the World List 2021

4. Industry Applications

4.1 By Industry

• Gig & Marketplace

• Technology

• Staffing

• Retail

• Hospitality

• Healthcare

• Food Services

• Volunteers & Non-profits

4.2 By Company Size

• Small Business

• Enterprise

4.3 Specific Integrations

• Partnership and API Integration for seamless connectivity with industry-leading ATS and HR systems.

5. Conclusion

Checkr has redefined the background check industry by leveraging advanced AI technologies, creating streamlined, fast, and compliant processes. With robust product offerings, recent strategic partnerships, and continuous innovations, Checkr stands out as the preferred choice for companies seeking efficient, scalable, and compliant background check solutions.