$26M funding round backs Veremark’s international expansion and service rollout

London-based Veremark has secured a significant $26 million in Series B funding, signaling a robust vote of confidence in its mission to enhance workplace trust through digital verification solutions. This investment, led by Gresham House Ventures and supported by existing investors and a substantial debt facility, will fuel Veremark's international expansion and the rollout of its advanced service offerings. The funding underscores the growing demand for comprehensive digital solutions in managing hiring risks and ensuring ongoing employee integrity in an increasingly complex global employment landscape. Founded in 2020, Veremark operates as a global workplace trust company, offering a unified platform for background screening, whistleblowing, and credential verification. Its services are critical for organizations navigating the complexities of compliance, risk management, and upholding workplace standards across diverse jurisdictions, especially as workforces become more dynamic and susceptible to issues like AI-generated misinformation. The platform supports pre-employment checks and continuous employee monitoring, including an anonymous whistleblowing system and a blockchain-based digital career passport, Verepass, designed for efficient and secure credential management. The implications of Veremark's growth are far-reaching for employers and employees alike, particularly in the context of increasing digital transformation in HR. By enabling organizations to verify candidate information and monitor employee conduct more effectively, Veremark directly addresses the evolving challenges of maintaining a secure and ethical work environment. The company's expansion into AI capabilities and its strategic acquisition of Agenda Screening Services further position it to support businesses in reducing hiring risks and bolstering workplace integrity beyond the initial onboarding process.