Veremark secures $26 million to drive global expansion and launch new services

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Providing an always on solution to managing employee conduct risk in the workplace

London, UK — 3 February 2026Veremark, the global workplace trust company, has raised $26 million in Series B funding led by Gresham House Ventures, with participation from existing investors Samaipata, ACF Investors and Stage 2 Capital - inclusive of a multi-million dollar debt facility from Salica Partners. The funding will be used to drive further investment in new products, AI, and continuing to expand the company’s global scale.

This latest investment follows a period of sustained growth for Veremark, which grew its revenue run rate by 300% in 2025 and recently acquired Agenda Screening Services, a specialist background screening firm, offering every type of check available, including criminal checks, instant employment checks, global sanctions, credit and bankruptcy checks in over 180 countries.

Employers who use Veremark can instantly implement global background screening at scale during the hiring process or on an ongoing basis anywhere in the world.  They benefit from a compliant and derisked hiring process whilst protecting their organisation’s culture. With an increasingly dynamic global workforce, shorter tenures, and the growing use of AI to present false data or profiles and capabilities, hiring managers are finding it harder than ever to verify candidate information and confirm identity. Veremark estimates that the forward looking market for companies to adopt stronger workplace trust initiatives is $120bn per year, as organisations face growing pressure to hire safely, protect culture and maintain compliance. 

Alongside pre-hire screening, Veremark has recently launched tools that support workplace integrity throughout employment, including a fully anonymous Whistleblowing and Speak Up platform and reporting functionality. The company is also a leading pioneer in the digital credentials space for the workplace, having developed its own blockchain-based candidate career passport, Verepass, which empowers candidates to own and manage their verified credentials. This reduces the need for repetitive checks, saving companies time and money.

Daniel Callaghan, CEO and Co-Founder of Veremark, said: “The world of work is facing a new set of challenges.  The modern company is looking to ensure an ”always on” mindset to managing employee conduct risk.  Veremark provides companies with enhanced confidence in who they are bringing into the business and enables multiple checkpoints to ensure their behaviours remain ethical and appropriate. We help companies reduce hiring risk, improve auditability and help protect workplace integrity beyond the point of hire. Our goal is to make trust something employers can evidence and manage in practice, combining secure global screening with tools that help protect people, surface concerns earlier and strengthen workplace standards. This funding enables us to scale that globally, while continuing to invest in world class client experience as we grow.”

The company now employs more than 200 people, has seven offices worldwide, including the UAE, New Zealand and the Philippines and works with more than 6,000 clients globally. Veremark’s clients include worldwide major industry players, e.g., OVO Energy and Schneider Electric.


Joe Krancki and James Hendry, Investment Directors at Gresham House Ventures: We’ve known the Veremark founders for many years and have seen them operate up close across different phases of growth and market conditions. What consistently stands out is the quality of the team — thoughtful, values-driven, and genuinely world-class. Veremark has built a category-defining platform at the intersection of global hiring, regulation and trust, at a time when AI is increasing the complexity and risk of verifying people at scale. We’re excited to partner with the team as they scale internationally and continue to set the standard for how workplace trust is managed in a modern, global organisation.

Tim Mills, Managing Partner at ACF Investors: With the spread of AI increasing risks around identity verification, Veremark’s technology replaces fragmented, manual background screening checks with a seamless, candidate-first approach, enabling businesses to make smarter hiring decisions. The company’s impressive and sustained growth is a testament to its best-in-class leadership team, paired with innovative technology that is helping to redefine pre-employment screening. We look forward to continue working with the team on its remarkable journey.

About Veremark 

Veremark is the leading global workplace trust company, connecting background screening, whistleblowing, and credential verification into one system. Launched in London in 2019, the company has offices in the UK, UAE, Singapore, the US, Australia, New Zealand, and the Philippines. While performing background checks on new candidates for companies across the globe, Veremark also helps businesses rescreen existing employees to maintain workplace safety and happiness. The business also has a career passport - Verepass - that allows candidates to own, manage and share their verified credentials. Securely held on the blockchain, Verepass reduces check requirements and saves time and money.

Veremark was named as one of the UK’s Future Fifty in 2025 by Founder’s Forum & Technation, the 9th Fastest growing company in the UK by Deloitte Fast50 awards, in 2023 as well as the 10th Fastest growing company in the UK by Financial Times Sifted Leaderboard in 2024. The company was named one of Britain's fastest-growing private technology companies in The Sunday Times Hundred 2026 Tech.  

About Gresham House Ventures:

Gresham House Ventures is an experienced investor, providing flexible growth and secondary capital. Gresham House Ventures partners with exceptional management teams in fast growing, innovative businesses across a diversified range of sectors, including enterprise solutions, healthcare & education and consumer markets. The team has been working together for over 20 years and has made over 200 investments into growth businesses. https://www.greshamhouseventures.com

Gresham House Ventures is part of Gresham House, a specialist alternative asset management group that is focused on delivering financial returns for clients by investing in the global themes shaping our future. Gresham House invests across a range of strategies, with expertise in private and public equity, forestry and natural capital, sustainable infrastructure, real estate, renewable energy and battery energy storage. Gresham House is committed to operating responsibly and sustainably, taking the long view in delivering sustainable investment solutions.

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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.

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