Checkr, a San Francisco, California-based provider of background checks platform, is to acquire Truework, a San Francisco, California-based leader in income and employment verification.
The transaction, whose amount was not disclosed, is expected to close in the second quarter of 2025, subject to customary closing conditions.
The acquisition allows Checkr to expand into employment verification.
Truework leverages AI and automation to simplify income and employment verification for lenders, property managers, and employers. The company connected every major verification method into one platform to reduce application friction, maximize coverage, and expedite applications. Today, Truework serves thousands of customers of all sizes—from small businesses to the largest financial institutions, including eight of the top ten US lenders by origination volume.
Led by Daniel Yanisse, Co-founder and CEO, Checkr provides an artificial intelligence and machine learning platform and solutions to make background checks faster, easier, and more compliant. Using its advanced screening technology, companies can better understand the dynamics of the changing workforce, bring transparency and fairness to their hiring.
