Investments
1
Want to inform investors similar to Covalent Ventures about your company?
Submit your Analyst Briefing to get in front of investors, customers, and partners on CB Insights’ platform.
Latest Covalent Ventures News
May 10, 2022
Certn , a Victoria, BC, Canada-based provider of background screening solutions, raised $50M in Series B funding. The round was led by B Capital, with participation from BMO, Tribe, Inovia Capital, Telstra Ventures, Scribble, Moxxie Ventures, Gaingels, and Covalent Ventures. The company intends to use the funds to further advance its solutions and grow in new markets worldwide. Led by CEO Andrew McLeod, Certn delivers background screening solutions for businesses to make fact-based hiring decisions, lower hiring costs, and improve the user experience for applicants and recruiters. The company’s human risk intelligence solution uses AI and machine learning to streamline the candidate screening process, reduce costs, and boost total time to value (TTV) for HR and operations leaders around the globe. The solutions are used by enterprises, mid-market companies, and small businesses looking to hire the right candidates. The company is expanding its global presence, building on the recent acquisition of Credence, a UK-based provider of global background checks. Certn plans to create 160 new roles this year and has made a number of strategic hires, including a new managing director for the U.S. market. FinSMEs
Covalent Ventures Investments
1 Investments
Covalent Ventures has made 1 investments. Their latest investment was in Certn as part of their Series B on May 5, 2022.
Covalent Ventures Investments Activity
Date | Round | Company | Amount | New? | Co-Investors | Sources |
|---|---|---|---|---|---|---|
5/10/2022 | Series B | Certn | $50M | Yes | 3 |
Date | 5/10/2022 |
|---|---|
Round | Series B |
Company | Certn |
Amount | $50M |
New? | Yes |
Co-Investors | |
Sources | 3 |
Discover the right solution for your team
The CB Insights tech market intelligence platform analyzes millions of data points on vendors, products, partnerships, and patents to help your team find their next technology solution.