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Checkr screens for Uber, Instacart, DoorDash, and OpenAI $700M revenue in 2023 - nearly 2x of 2021 $4.6B valuation after Series E extension 1% Pledge: 1% product, 1% equity, 1% profits Co-founder once worked on Mars rover prototypes at NASA Founded 2014. Y Combinator alum. 1,800+ employees Checkr screens for Uber, Instacart, DoorDash, and OpenAI $700M revenue in 2023 - nearly 2x of 2021 $4.6B valuation after Series E extension 1% Pledge: 1% product, 1% equity, 1% profits Co-founder once worked on Mars rover prototypes at NASA Founded 2014. Y Combinator alum. 1,800+ employees
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EXHIBIT A · THE LOWERCASE WORDMARK
Profile · HR-Tech · Est. 2014

Checkr, Inc.

The company that turned the most boring step in hiring - the background check - into an API call, then used the leverage to argue, loudly, that people with records deserve a second look.

San Francisco, CA ~1,800 employees $4.6B valuation Series E (2022)
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The Scene

Somewhere, an HR Manager Just Hit Send

At 9:14 a.m. on a Tuesday, a recruiter in Phoenix uploads a candidate's name and date of birth into a web form. Across the country, an Uber driver in Newark refreshes the app, hoping the green light comes back today. Between them sits a software company most people have never heard of - and a question that used to take two weeks to answer.

That question - can we trust this person? - is the oldest one in hiring. For most of the twentieth century it was answered with phone calls, fax machines, and a stranger driving to a county clerk's office. Then Checkr showed up with an API.

Today, Checkr is a 1,800-person, $4.6 billion company that runs background checks for Uber, Instacart, DoorDash, OpenAI, Kia, Subway and tens of thousands of smaller employers. The recruiter in Phoenix has her answer in minutes. The driver in Newark is on the road by noon. The fax machine is in a landfill.

Most background-check incumbents in 2014 didn't have a usable API. Some didn't have email. Checkr's origin story, in one sentence
The Problem They Saw

An Industry Built for the Filing Cabinet

The background-screening business is not glamorous. It is, however, enormous - a $5 billion a year line item that touches almost every hire in America. And in 2014, it was an industry whose technology had aged at the speed of regulation, which is to say, slowly.

Daniel Yanisse and Jonathan Perichon had a front-row seat. The two engineers had landed at Deliv, an on-demand delivery startup whose entire growth plan hinged on signing up drivers fast. The bottleneck wasn't recruiting. It wasn't onboarding. It was the background check - a tedious, manual, week-long detour run by vendors who treated software the way the DMV treats software.

This was the moment, the company likes to say, that the lightbulb flickered on. The actual lightbulb was probably a frustration email. Either way, the conclusion was the same: this was a product problem, not a paperwork problem.

The Stuck Industry, In Numbers

Pre-2014 incumbents averaged 7-14 days to return a check. APIs were rare. PDFs were not. Most workflows still involved a person typing data from one system into another. Checkr's bet was simple: rebuild it as software and the rest takes care of itself.

Fig. 1 - A market large enough to matter, dull enough to ignore. Checkr ignored the dull part.
The Founders' Bet

NASA, Y Combinator, and a Very Specific Kind of Stubbornness

Yanisse, before he was a CEO, was an engineer who worked on Mars rover prototypes at NASA. Perichon was a coder who had moved from France for the startup oxygen. The two had bounced together through Mogreet and Deliv before deciding the better problem was the one nobody at parties wanted to talk about.

They applied to Y Combinator in the summer of 2014 with a five-page pitch and a working prototype. By demo day, they had ten paying customers. Investors, who normally pretend background checks are someone else's industry, paid attention. A $9 million Series A from Accel arrived within months. A small ride-sharing company called Uber - which would, that year, learn what a hiring bottleneck really looks like - became an anchor customer.

The bet was less about technology than about timing. The gig economy was about to vacuum up millions of drivers, couriers, and shoppers. Every one of them needed to be checked. None of them wanted to wait two weeks.

We didn't set out to build a background-check company. We set out to fix a broken step in hiring. The check was just where the bleeding was. Paraphrased from Daniel Yanisse interviews
The Product

What Happens When You Send the Form

From the outside, Checkr looks like a single button. From the inside, it's an orchestration engine. A check kicks off identity verification, a county-by-county criminal search, a sex-offender registry sweep, driving records where relevant, education and employment verifications, and any number of optional add-ons - drug testing, credit, healthcare-specific screenings, international sources. The platform stitches the answers together, applies the customer's compliance rules, and returns a result.

Most checks now complete in under an hour. Many complete in minutes.

Speed

89% of checks return faster than the industry median. Some clear in single-digit minutes.

Scale

Processes tens of millions of checks per year for over 100,000 customers.

Compliance

Built-in FCRA and state-level rulesets. Updated, the company insists, faster than the lawyers can email.

AI Layer

Claude-powered charge explainers summarize cryptic court records into plain English for human adjudicators.

Fig. 2 - The product, abridged. The full version has more checkboxes than a tax return.
We're going to level up and move to building with AI. Daniel Yanisse, 2026

A Decade in Twelve Lines

  1. 2014Founded in San Francisco by Daniel Yanisse and Jonathan Perichon. Joins Y Combinator's summer batch.
  2. 2015$9M Series A led by Accel. Uber becomes a marquee customer.
  3. 2016$40M Series B. Khosla joins. Headcount crosses 100.
  4. 2018$100M Series C. Acquires GoodHire to serve SMBs.
  5. 2019$160M Series D. Valuation hits $2.2B. First widely-quoted unicorn status.
  6. 2020Pandemic spikes gig hiring. Checkr handles the surge without raising prices.
  7. 2021$250M Series E led by Coatue and Tiger. Valuation: $4.6B.
  8. 2022Series E extension adds $120M. Launches Fair Chance Dashboard.
  9. 2023Revenue crosses $700M, roughly doubling 2021.
  10. 2024Enterprise share of revenue eclipses gig - the diversification works.
  11. 2025Ships AI charge explainer, post-hire testing, flexible adjudicator views.
  12. 2026Adds I-9 verification and document fraud detection to roadmap.
The Proof

The Numbers, Without the Hand-Waving

Checkr's quietest superpower is that it does not need to oversell itself. The numbers do that work. Revenue roughly doubled between 2021 and 2023. The customer list reads less like a sales deck and more like a list of companies that move people for a living.

Annual Revenue, Approximate

USD, public estimates · 2019-2023

2019
$110M
2020
$220M
2021
$350M
2022
$520M
2023
~$700M
Fig. 3 - A revenue chart that looks suspiciously like a power curve. The dull industry, it turns out, scales.

The customer roster matters as much as the revenue. Uber and Lyft were the early gig anchors. DoorDash, Instacart, Grubhub followed. Then came the enterprise wave: OpenAI, Subway, Kia, Birkenstock, Allstate. Workday, Greenhouse, iCIMS and SAP SuccessFactors became distribution partners. The platform stopped being the gig-economy screening tool and started being the screening tool.

Initially serving gig economy platforms, Checkr has broadened its client base to include large enterprises - reducing dependence on any single sector. Contrary Research, 2024
The Mission

The Argument Hidden Inside the Software

Background checks have an unflattering history. For decades they were a quiet mechanism for keeping people with records out of work - sometimes legitimately, often not. Roughly one in three American adults has some kind of criminal record. The math of permanent exclusion does not work, either economically or morally.

Checkr's stated mission is to build a fairer future by improving the understanding of the past. In practice that means building the Fair Chance Dashboard - a product that shows employers, in plain numbers, how many candidates with records they hire and how those hires perform. It also means signing the Pledge 1% commitment to donate one percent of product, equity, and profits. And it means, somewhat radically for a screening vendor, hiring people with records itself.

What the Mission Looks Like in Practice

  • 1% of product, 1% of equity, 1% of profits pledged to fair-chance causes.
  • Fair Chance Dashboard ships with every enterprise plan, free.
  • Automated adjudication tools that can be configured to exclude irrelevant or stale records.
  • Internal hiring policy explicitly considers applicants with criminal histories.
  • Co-authored MIT Sloan case study on the economics of inclusive hiring.
The point of better data isn't to find more reasons to say no. It's to find better reasons to say yes. The thesis, condensed
Why It Matters Tomorrow

What an AI-Native Screening Company Looks Like

The next chapter is already drafted. In early 2026, Yanisse told reporters Checkr would level up and move to building with AI across the company, including empowering non-technical staff to build internal tools. The product roadmap shows where that energy lands: AI-generated charge explainers, document fraud detection, automated I-9 verification, expanded continuous monitoring.

The competitive story is also turning. Sterling, First Advantage and HireRight - the old guard - have spent the last few years racing to look like Checkr. Checkr has spent that time racing to look like an AI company. It is a familiar pattern. The incumbents catch up to the API. The startup has moved on to the model.

The 2026 Bet

If 2014 was about turning paperwork into software, 2026 is about turning software into judgment - using AI to read court records, flag fraud, summarize ambiguity. The fax machine is gone. The next thing to retire is the manual review queue.

Back to the Scene

9:14 a.m., Phoenix. Still Tuesday.

The recruiter's screen blinks green before her coffee cools. The driver in Newark gets the notification on the way to lunch. Neither of them thought about Checkr. Neither of them needed to. That, more than the valuation or the customer list, is the company's real product - a step in hiring that used to be a wall, quietly turned into a door.

The door, as Checkr would point out, was always supposed to open.

Marginalia · Things Worth Knowing

  • The wordmark is lowercase on purpose - a deliberate softness in an industry built around hard nos.
  • Co-founder Daniel Yanisse helped build Mars rover prototypes before he ever met a recruiter.
  • The first ten customers came from a Y Combinator demo day, not an outbound sales campaign.
  • Checkr's own employee base includes people whose first interview question used to be a deal-breaker.
  • GoodHire, Checkr's SMB-facing acquisition, still operates under its own brand.