Veremark recognised in Deloitte’s EMEA Fast 500

Veremark

18 Jun

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18 June 2024, London, UK - Veremark has made Deloitte’s 2023 EMEA Fast 500, ranking 31 in the listing.

Supported by the Deloitte Technology Fast 50 initiative, the EMEA Fast 500 is an objective industry ranking that recognises the fastest-growing technology companies across Europe, the Middle East, and Africa (EMEA).

As start-ups continue to drive the economy, disrupting the way we live and work and creating a powerful potential to solve the big challenges ahead of us, we are delighted to celebrate some of this region’s most pioneering founders and high growth start-ups of the last few years.

This recognition comes in light of Veremark’s pre-series B round which secured $3m for the background screening provider after a period of sustained growth.

The company has tripled its client base since its Series A raise in July 2022 and has seen a 50% increase in valuation since the last round. It is also working with major industry players all over the world including OVO Energy, Wise and Schneider Electric.

Find out more about this list, and see the winners here.

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FAQs

What background check do I need?

This depends on the industry and type of role you are recruiting for. To determine whether you need reference checks, identity checks, bankruptcy checks, civil background checks, credit checks for employment or any of the other background checks we offer, chat to our team of dedicated account managers.

Why should employers check the background of potential employees?

Many industries have compliance-related employment check requirements. And even if your industry doesn’t, remember that your staff have access to assets and data that must be protected. When you employ a new staff member you need to be certain that they have the best interests of your business at heart. Carrying out comprehensive background checking helps mitigate risk and ensures a safer hiring decision.

How long do background checks take?

Again, this depends on the type of checks you need. Simple identity checks can be carried out in as little as a few hours but a worldwide criminal background check for instance might take several weeks. A simple pre-employment check package takes around a week. Our account managers are specialists and can provide detailed information into which checks you need and how long they will take.

Can you do a background check online?

All Veremark checks are carried out online and digitally. This eliminates the need to collect, store and manage paper documents and information making the process faster, more efficient and ensures complete safety of candidate data and documents.

What are the benefits of a background check?

In a competitive marketplace, making the right hiring decisions is key to the success of your company. Employment background checks enables you to understand more about your candidates before making crucial decisions which can have either beneficial or catastrophic effects on your business.

What does a background check show?

Background checks not only provide useful insights into a candidate’s work history, skills and education, but they can also offer richer detail into someone’s personality and character traits. This gives you a huge advantage when considering who to hire. Background checking also ensures that candidates are legally allowed to carry out certain roles, failed criminal and credit checks could prevent them from working with vulnerable people or in a financial function.