Veremark, a global workplace trust startup, has raised £19 million in a Series B round led by Gresham House Ventures, with participation from existing investors Samaipata, ACF Investors and Stage 2 Capital, alongside a multi-million-dollar debt facility from Salica Partners. The funding will be used to drive further investment in new products, AI, and to continue expanding Veremark’s global scale.
Veremark enables employers to implement global background screening at scale during the hiring process or on an ongoing basis anywhere in the world. Veremark supports compliant and de-risked hiring while protecting organisational culture, as hiring managers face increasing difficulty verifying candidate information and confirming identity due to a more dynamic global workforce, shorter tenures and the growing use of AI to present false data or profiles.
Veremark estimates the forward-looking market for companies to adopt stronger workplace trust initiatives at $120 billion per year. The firm grew its revenue run rate by 300% in 2025 and recently acquired Agenda Screening Services, a specialist background screening firm offering criminal checks, instant employment checks, global sanctions, and credit and bankruptcy checks in over 180 countries.
It has also launched tools that support workplace integrity throughout employment, including a fully anonymous whistleblowing and speak up platform with reporting functionality. Veremark developed a blockchain-based candidate career passport, Verepass, enabling candidates to own and manage verified credentials, reducing the need for repetitive checks.
We’ve known the Veremark founders for many years and have seen them operate up close across different phases of growth and market conditions. What consistently stands out is the quality of the team – thoughtful, values-driven, and genuinely world-class. Veremark has built a category-defining platform at the intersection of global hiring, regulation and trust, at a time when AI is increasing the complexity and risk of verifying people at scale. We’re excited to partner with the team as they scale internationally and continue to set the standard for how workplace trust is managed in a modern, global organisation.
Joe Krancki and James Hendry, Investors at Gresham House Ventures
As AI increases the complexity and risk around identity verification, Veremark is modernising background screening with a seamless, candidate-first platform built for global hiring. We’ve followed the company closely as an investor and are excited to deepen our commitment in this round, reflecting our conviction in a business that combines best-in-class customer satisfaction with deep, purpose-built technology and highly efficient operations as it continues to scale.
Tim Mills, Managing Partner at ACF Investors
The world of work is facing a new set of challenges. The modern company is looking to ensure an ‘always on’ mindset to managing employee conduct risk. Veremark provides companies with enhanced confidence in who they are bringing into the business and enables multiple checkpoints to ensure their behaviours remain ethical and appropriate. We help companies reduce hiring risk, improve auditability and help protect workplace integrity beyond the point of hire. Our goal is to make trust something employers can evidence and manage in practice, combining secure global screening with tools that help protect people, surface concerns earlier and strengthen workplace standards. This funding enables us to scale that globally, while continuing to invest in world class client experience as we grow.
Daniel Callaghan, Co-founder & CEO
