Checkr ARR Hit $800M

Checkr, a San Francisco-based background screening and identity verification platform, has seen its annual recurring revenue (ARR) climb to $800 million in 2025, representing a 14% increase year-over-year as enterprises grapple with a surge in AI-generated CVs and fraudulent financial documents.

Originally known for automating criminal record and driving history checks for gig economy companies like Uber, Checkr has expanded into white-collar employment history verification and income/financial record checks, now serving clients from small startups to large corporations globally. The company operates in 195 countries with over 800 employees, and its growth has positioned it for potential future public offering plans. 

Checkr’s core product suite addresses the critical problem of fraud and inaccurate applicant information that has been amplified by generative AI. Businesses increasingly face AI-engineered fake résumés, forged pay stubs, and false credentials, with Checkr reporting that at least 40% of applications reviewed contained inaccuracies.

The platform uses automated checks against criminal, employment, and financial records, integrating with employer ATS systems to deliver scalable and accurate screening for hiring teams and financial institutions alike. This technological pivot has underpinned substantial demand from sectors such as finance, logistics, and enterprise HR, transforming Checkr from a gig-economy tool to an enterprise-grade fraud mitigation engine. 

Financially, Checkr has maintained profitability in recent years, reporting $500 million in net revenues (excluding certain fees) and a $5 billion valuation from its last fundraising round, with $800 million raised to date from investors including Durable Capital, Accel, and Coatue. Despite past challenges — including layoffs and industry controversies over screening accuracy — Checkr’s focus on combating AI-driven fraud and expanding globally has fueled robust ARR growth and positioned the company as a key player in the identity verification and background check market.