About Certn
Certn is a company based in Toronto (Canada) founded in 2016 by Andrew McLeod, Owen Madrick, and Evan Dalton.. Certn has raised $125.28 million across 9 funding rounds from investors including BMO, Tribe Capital and BDC. Certn has completed 3 acquisitions, including Certn, InterCheck and Trustmatic. Certn offers products and services including Background Checks, Identity Verification, and Employment Verification. Certn operates in a competitive market with competitors including IDfy, Checkr, Fama, KarmaCheck and Truework, among others.
- Headquarter Toronto, Canada
- Founders Andrew McLeod, Owen Madrick, Evan Dalton
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Sectors
Technology
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Email
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Phone
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Website
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Social
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Products & Services of Certn
Certn offers a comprehensive portfolio of products and services, including Background Checks, Identity Verification, and Employment Verification. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Automated tools for criminal and employment history verification
Online platform for remote identity and compliance checks
Service to confirm past employment and credentials details
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Funding Insights of Certn
Certn has successfully raised a total of $125.28M across 9 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $30 million completed in February 2025. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 9
- Last Round Debt – Conventional — $30.0M
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First Round
First Round
(28 Sep 2017)
- Investors Count 21
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2025 | Amount | Debt – Conventional - Certn | Valuation |
investors |
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| Apr, 2023 | Amount | Series B - Certn | Valuation | Export Development Canada |
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| Apr, 2022 | Amount | Series B - Certn | Valuation | B Capital |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Certn
Certn has secured backing from 21 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include BMO, Tribe Capital and BDC. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Investments are made in early-stage technology companies by Inovia Capital.
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Founded Year | Domain | Location | |
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Venture capital firm backed by Telstra
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Founded Year | Domain | Location | |
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Venture capital fund investing in seed to series A startups
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Certn
Certn has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include Certn, InterCheck and Trustmatic. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Cloud and AI based identity verification and compliance management platform
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2021 | ||||
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Background and compliance checks for employees are verified.
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2009 | ||||
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Background screening services are provided for global employee vetting.
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1995 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Certn
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Certn Comparisons
Competitors of Certn
Certn operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as IDfy, Checkr, Fama, KarmaCheck and Truework, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Identity verification, background screening, and fraud prevention solutions are provided.
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| domain | founded_year | HQ Location |
AI platform for employee background verification is utilized.
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| domain | founded_year | HQ Location |
Social Media Background and Digital Footprint check
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| domain | founded_year | HQ Location |
Cloud-based background checks for employee screening are facilitated.
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| domain | founded_year | HQ Location |
Background verification for candidates' employment and income is automated.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Certn
Frequently Asked Questions about Certn
When was Certn founded?
Certn was founded in 2016 and raised its 1st funding round 1 year after it was founded.
Where is Certn located?
Certn is headquartered in Toronto, Canada. It is registered at Toronto, Ontario, Canada.
Who is the current CEO of Certn?
Andrew McLeod is the current CEO of Certn. They have also founded this company.
Is Certn a funded company?
Certn is a funded company, having raised a total of $125.28M across 9 funding rounds to date. The company's 1st funding round was a Series B of $50M, raised on Sep 28, 2017.
What does Certn do?
Certn provides an AI-enabled customer and candidate profiling and screening platform. Its platform tracks multiple data points and uses different feedback mechanisms to prepare social (social media and criminal), behavioral(psychometric ), and financial (credit score and income verification) profiles of any user for the screening process. Its product, Softcheck, is an intelligent background screening platform that scans various databases such as criminal and court data, adverse media, watch lists and registries, industry databases, public information, known affiliations, wage, and income data social scans. The profile created is useful for banks financial institutions and property managers to check the credibility of their customers and helps enterprises to screen the candidate easily. Also provides API to integrate its identity verification technology into any existing infrastructure.
What products or services does Certn offer?
Certn offers Background Checks, Identity Verification, and Employment Verification.
How many acquisitions has Certn made?
Certn has made 3 acquisitions, including Certn, InterCheck, and Trustmatic.
Who are Certn's investors?
Certn has 21 investors. Key investors include BMO, Tribe Capital, BDC, Export Development Canada, and Inovia Capital.
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