Veremark

# Veremark: Global Background Screening & Verification Platform

High-Level Overview

Veremark is a background screening and reference checking platform that automates and digitizes employment verification processes for organizations globally.[1] The company builds technology that helps businesses conduct secure, compliant background checks across 180+ countries, enabling them to verify employment history, education, references, and other candidate credentials in a single integrated system.[2]

Veremark serves organizations across multiple sectors—including fintech, technology, HR and staffing, professional services, and energy—addressing a critical pain point in modern hiring: the need for faster, more reliable, and compliant candidate verification.[1][4] The platform solves the problem of traditional screening approaches that are often costly, time-consuming, and prone to being skipped, replacing paper-based processes with fully digital, blockchain-secured verification that reduces hiring risk while accelerating time-to-hire.[1] With 2,718% revenue growth over three years and recognition as the 13th fastest-growing technology company in the UK by Deloitte in 2024, Veremark demonstrates strong market momentum and product-market fit.[3]

Origin Story

Veremark was founded in 2018 and is based in London, United Kingdom.[1] The company emerged from recognizing a fundamental inefficiency in how organizations verify candidate credentials—a process that remained largely manual, fragmented, and compliance-heavy despite the digital transformation sweeping other business functions. Rather than accepting legacy systems designed decades ago, the founding team built a modern platform specifically engineered for the hiring challenges of today's globally distributed, fast-moving companies.

The company's growth trajectory reflects both strong execution and favorable market timing. By 2024, Veremark had achieved the 13th position in Deloitte's UK Technology Fast 50 rankings, with CEO Daniel Callaghan attributing this growth to "relentless commitment to innovation and unwavering focus on delivering real value for customers."[3] More recently, in 2025, Veremark was recognized as one of the top 5 scaleups in the UK by TECH5, The Next Web's annual showcase of Europe's most exciting high-growth tech companies.[2]

Core Differentiators

• Blockchain-Secured Credentials: Veremark's Verepass platform allows candidates to retain verified check results and reuse them as digital credentials for future employment opportunities, reducing redundant verification cycles and improving candidate experience.[5]

• Global Scale with Local Compliance: Operating across 180+ countries with 40+ check types, Veremark combines global reach with deep compliance expertise, enabling organizations to hire internationally without navigating fragmented regulatory landscapes.[2][5]

• Fully Digital, Integrated Workflow: All checks are conducted online and digitally, eliminating paper document management while integrating seamlessly into existing HR technology stacks—addressing both speed and security concerns simultaneously.[2][4]

• Comprehensive Verification Scope: Beyond traditional background checks, the platform covers employment history, education verification, references, criminal records, civil litigation, adverse media screening, and even psychometric assessments—providing 360-degree candidate insight.[6]

• Continuous Rescreening Capability: Unlike one-time background checks, Veremark enables continuous employee rescreening, allowing organizations to maintain ongoing verification of existing staff and business partners.[1]

Role in the Broader Tech Landscape

Veremark operates at the intersection of two powerful trends: the globalization of work and the regulatory tightening of hiring compliance. As organizations increasingly hire across borders and jurisdictions, the friction of manual, country-specific verification processes has become a competitive disadvantage. Simultaneously, regulatory bodies worldwide are imposing stricter requirements around employment verification, data protection, and candidate transparency.

The company benefits from the broader shift toward trust infrastructure in digital hiring. Just as fintech disrupted payments and blockchain introduced new models for credential verification, Veremark is modernizing the hiring verification layer—a function that remained surprisingly analog despite its criticality. The timing is particularly favorable given the rise of remote work, gig economy platforms, and the talent wars in competitive sectors like fintech and technology, where hiring speed directly impacts business outcomes.

Veremark's blockchain-based career passport also positions the company within the emerging self-sovereign identity movement, where individuals control and port their verified credentials rather than relying on centralized institutions. This aligns with broader industry momentum toward decentralized verification systems.

Quick Take & Future Outlook

Veremark has established itself as a category leader in a market with structural tailwinds—global hiring complexity and regulatory pressure are only increasing. The company's 2,718% three-year revenue growth and recent recognition by both Deloitte and TECH5 signal strong product-market fit and investor confidence.

Looking ahead, Veremark's trajectory will likely be shaped by several factors: deepening integrations with major HR platforms (ATS systems, HRIS solutions), expansion into adjacent trust verification use cases beyond hiring (vendor screening, partnership verification), and potential geographic expansion into emerging markets where hiring infrastructure remains fragmented. The Verepass blockchain credential system could become a significant differentiator if adoption accelerates—transforming Veremark from a screening vendor into a foundational trust infrastructure layer for the global workforce.

The company's mission to "help the world trust faster" resonates with a fundamental market need that will only grow more acute as work becomes increasingly distributed and cross-border. In a hiring landscape where speed and compliance are no longer trade-offs but requirements, Veremark has positioned itself as essential infrastructure.