Checkr Acquires Truework to Expand Consumer Verifications
Today we’re announcing that Checkr has signed a definitive agreement to acquire Truework, a leader in income and employment verification. The transaction is expected to close in the second quarter of 2025, subject to customary closing conditions.
Just as Checkr rebuilt background checks with technology at the core, Truework has redesigned the underwriting process by using AI and automation to simplify income and employment verification for lenders, property managers, and employers. Truework was the first provider to connect every major verification method into one platform to reduce application friction, maximize coverage, and expedite applications. Today Truework serves thousands of customers of all sizes—from small businesses to the largest financial institutions, including eight of the top ten US lenders by origination volume.
As we build the data platform to power safe and fair decisions, this acquisition allows us to expand into employment verification, a multi-billion dollar market that is ripe for innovation and a better customer experience. Additionally, it is a critical part of our continued growth in the fast-growing enterprise segment and allows us to better meet our customers’ employment verification needs.
“Our acquisition of Truework is an important step in creating the data platform to power safe and fair decisions and allows us to enable new customers like lenders and property managers to make safe and fair decisions,” said Daniel Yanisse, Co-founder and CEO of Checkr. “Our teams have much in common: use of AI and automation to simplify complexity, focus on the consumer experience, and most importantly, customer obsession and delight.”
To Truework’s team members and customers: We can’t wait to welcome you to Checkr. Here’s to powering safe and fair decisions together!
