Checkr, Inc. is the undisputed pioneer, category-defining market leader, and developer infrastructure standard of modern AI-powered background checks, continuous workforce monitoring, and employment trust & safety. Founded in San Francisco in 2014 by French software engineers Daniel Yanisse and Jonathan Perichon out of Y Combinator (W14), Checkr was created to eliminate the agonizing two-week delays of manual courthouse paper searches that threatened to choke the on-demand platform revolution. By building modern REST APIs, machine learning record normalization pipelines, and pioneering the Fair Chance Hiring movement, Checkr scaled into a $5.0 billion technology powerhouse. Today, Checkr generates over $300 million in annual recurring revenue ($300M+ ARR) with strong operating profitability, processing over 45 million background checks annually for more than 100,000 corporate clients (including Uber, Lyft, DoorDash, and Netflix) under CEO Daniel Yanisse.
Checkr operates a highly lucrative, high-volume transactional API fee and recurring enterprise SaaS business model characterized by software gross margins exceeding 70% and exceptional operating cash flows. Its commercial revenue engine spans four core pillars: First, per-check background screening transaction fees ($15 to $50+ per check) scaled by search depth across national criminal databases, county courthouse dockets, motor vehicle records (MVR), and education/employment verifications. Second, Checkr Trust continuous monitoring SaaS subscriptions ($1-$3/worker/month) charging on-demand platforms for real-time criminal arrest and driver license alerts. Third, GoodHire turnkey SMB packages serving over 50,000 small-and-medium businesses. Fourth, Checkr Pay instant wage disbursement interchange fees captured on worker debit cards.