Truework Acquired by Checkr to Bring Automated Income and Employment Verification to More Markets
What is the Checkr and Truework acquisition?
Checkr, a leading background check provider, has completed its acquisition of Truework, a leading verification of income and employment platform. The combination brings together two of the most innovative automated verification platforms in the market, expanding Checkr's reach into employment verification across broader customer segments and verticals.
Checkr is building the data platform to power safe and fair decisions. It was the first to bring automation and AI to the background check process, helping companies simplify hiring and elevate the candidate experience with streamlined background checks. The acquisition of Truework allows Checkr to expand into employment verification across mortgage, property management, and beyond.
Why does the Checkr and Truework combination matter?
Today, Truework delivers industry-leading completion and accuracy rates to thousands of customers, including 8 of the 10 largest mortgage lenders in the country.
Truework’s AI and automation-led platform helps organizations drive efficiencies and cost savings for income and employment verifications, and has helped millions of consumers get approved for homes and apartments through a quick and secure process.
I’m excited to see Truework and Checkr continue pushing the boundaries of what’s possible. Together, we can unlock endless new opportunities—from powering Checkr’s background checks with Truework employment data to expanding Checkr into new verticals like mortgage and property management. It’s going to be an incredible journey ahead.
Ryan Sandler
CEO and Co-Founder of Truework
What does the Checkr acquisition mean for Truework customers?
For existing Truework customers, the acquisition means more, not less. Truework continues to operate its income and employment verification platform independently, with the same industry-leading completion rates, the same automated verification waterfall, and the same commitment to accuracy and compliance that mortgage lenders and HR teams rely on today.
Looking ahead, the combination of Checkr's background check infrastructure and Truework's income and employment verification capabilities creates a more comprehensive automated verification solution; one that can serve lenders, employers, property managers, and background check processors all through a single, integrated platform.
For more information, read the full release from Checkr.
