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Victoria’s Certn Raised $43 Million in 2020 For Background Checks

February 1, 2021 by Techcouver Newsdesk Leave a Comment

Victoria startup Certn has secured a $9.5 million Series A+ funding round. Adding this round to previous funding, Certn has secured a total of $43 million in seed, Series A and Series A+ funding throughout 2020.

Certn was named to Techcouver’s 10 Homegrown B.C. Startups to Watch in 2020 list in January 2020 and have proven themselves worthy of the nod.

Founded in 2016, Certn is innovating how organizations acquire candidate intel and individuals complete background checks, with the help of comprehensive and secure AI.

Focusing on real-time background screening solutions for technology, retail, property management, financial, and gig service industries, Certn’s human risk intelligence solutions focus on accelerating the background check process, without compromising on accuracy and compliance.

Certn’s machine learning technology allows for a seamless screening process that connects individuals to relevant organizations and life changing opportunities.

“The move to remote work is accelerating global connections and as the leader in human risk intelligence solutions, our services allow organizations and individuals to not only connect, but also gain trust in one another,” says Certn CEO and co-founder, Andrew McLeod. “With the help of this funding, we can continue to invest in growing our products beyond North America and facilitate trusted connection on a global scale.”

In support of Certn’s global expansion, three funding rounds in 2020 allowed Certn to advance product and solutions development. The initial seed round in February 2020 was led by Tribe Capital, and included Preface Ventures, Moxxie Ventures, Weekend Fund, Scribble Ventures, and Basement Ventures, for a total of CAD $6.1 million.

Following closely behind in November 2020, Certn secured CAD $27.8 million through the Series A round, led by Inovia Capital, 01 Advisors and included additional funding from Preface Ventures, Scribble Ventures, Moxxie Ventures, Basement Fund, Weekend Fund, Owl Capital, and Panache Ventures.

The Series A+ round in December 2020 secured an additional CAD $9.5 million and was led by Telstra Ventures and B Capital Group, with funding also provided by Cyber Mentor Fund.

Filed Under: News Tagged With: Certn, Victoria

 

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