Veremark ranks #10 in the Sifted 100: UK & Ireland

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London, UK 27 March 2024: Sifted, the leading media brand for the European startup community, has today announced their inaugural Sifted 100 which lists Veremark as tenth in the top 100 startups across UK and Ireland.

Ranking are based on revenue compound annual growth rate (CAGR). Veremark’s CAGR over the past two years was 353.36%.

Daniel Callaghan Veremark’s CEO, commented on the news, “I’m delighted and honoured to be in the Sifted 100. Veremark’s growth has been fast but we’ve always kept a focus on two attributes to our success: building a great team and an incredible innovative product.

“We’ve got ambitious plans over the next year, and I’m looking forward to sharing this journey with the team.”

See the full list here as well as a research report which explores the 100 startups in greater depth and the state of the UK and Irish tech ecosystems.

About the Sifted 100 UK & Ireland

Sifted 100: UK & Ireland ranks the fastest-growing startups across the UK and Ireland by revenue growth. With a combined employee count of more than 16,000 and generated revenues of £6.5bn over the past three financial years, the significant contribution of these tech companies to their respective economies should be recognised.

To be eligible, startups had to meet the following criteria: headquartered in the UK or Ireland; founded in or after 2014; maximum headcount of 999; private and independent; majority of revenue must be generated by proprietary technology; at least three years of revenue data; and revenue (annualised if necessary) of at least £85k in the base year (2020, 2021 or 2022) and at least £850k in the most recent financial year (2022, 2023 or 2024). Companies were required to submit signed documentation to support disclosed financial information not publicly available at Companies House

About Veremark

Veremark is one of the world’s leading background screening and pre-hire check service with a mission to help the world trust faster. 

Used by some of the world’s best workplaces, its platform is designed to verify candidate work histories, gather references and check identities and qualifications.

Established in London in 2019, the company has offices in Singapore, the US, Australia, New Zealand, and the Philippines. 

While performing background checks on candidates for companies across the globe, Veremark also helps businesses rescreen existing employees to maintain workplace safety and happiness.

Recently, the business launched its latest product, Verepass, a career passport 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.

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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?

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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.

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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.

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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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Request a discovery session with one of our background screening experts today.

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