3 years ago

Veremark Secures £7.1 Million to Revolutionize Job Screening with Blockchain

  • Veremark, a blockchain-based job screening tool, has raised £7.08 million in Series A funding led by Stage 2 Capital

  • The platform allows companies to conduct background checks and provides candidates with a reusable 'career passport' stored on the blockchain

  • Veremark aims to bring transparency and efficiency to the pre-employment screening market, which is estimated to be worth £13.3 billion annually.

    • ProblemTechnology

      "Currently, pre-employment screening and candidate vetting are highly manual, often delayed, inaccurate, or incomplete."

      Solution

      "Veremark offers a blockchain-based job screening tool that creates a "career passport" storing job credentials on the blockchain, making the process more efficient, secure, and transparent."

      Covered on