The GV-backed candidate checking platform developer is fuelling its growth with fresh capital from FMR and stalwart investor T Rowe Price.

Checkr, a US-based human resources technology developer backed by technology conglomerate Alphabet, has raised $250m in a series E round led by Durable Capital.

Financial services firms Fidelity Management & Research (FMR), T Rowe Price, Franklin Templeton, BondCapital, Khosla Ventures, IVP, Coatue, Accel, and Y Combinator all backed the round, which valued Checkr at $4.6bn.

Checkr’s platform provides employers with comprehensive screening processes – using artificial intelligence and machine learning – to select prospective hires.

The platform is designed to…

Fernando Moncada Rivera

Fernando Moncada Rivera is a reporter at Global Corporate Venturing and also host of the CVC Unplugged podcast.