Employrite

Narre Warren, Australia Founded: 1985 • Age: 41 yrs Acquired By Veremark
Pre-employment screening and investigative services are provided to employers.

About Employrite

Employrite is a company based in Narre Warren (Australia) founded in 1985 was acquired by Veremark in February 2024.. Employrite offers products and services including Criminal History Check, Reference Checks, Credit Enquiry, and Qualification Verification. Employrite operates in a competitive market with competitors including HireRight, Sterling, First Advantage, TalentWise and Orange Tree Employment Screening, among others.

  • Headquarter Narre Warren, Australia
  • Sectors
    Business Services
  • Phone
    *********
  • Website
    *********
  • Legal Name Employrite Co Ltd
Operational Areas
Business Services → Workforce & Human Resource Solutions
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
  • Acquired by
    Veremark

    (Feb 15, 2024)

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Products & Services of Employrite

Employrite offers a comprehensive portfolio of products and services, including Criminal History Check, Reference Checks, Credit Enquiry, and Qualification 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.

Primary

Verifies criminal records to assess candidate suitability for employment.

Confirms professional references to validate candidate work history.

Conducts credit and public record checks for employment risk assessment.

Authenticates academic and professional qualifications of applicants.

Funding Insights of Employrite

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Employrite

Employrite has secured backing from 1 investor. Prominent investors backing the company include Veremark. 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.

All
Investor Description Founded Year Domain Location
Reference checking and CV validation solutions are provided to recruiters.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Employrite

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Employrite

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Employrite Comparisons

Employees
+
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Competitors of Employrite

Employrite 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 HireRight, Sterling, First Advantage, TalentWise and Orange Tree Employment Screening, 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
Background screening services are provided to employers worldwide.
domain founded_year HQ Location
Cloud-based applicant tracking for background checks is facilitated.
domain founded_year HQ Location
Background checks and screening services are provided for businesses.
domain founded_year HQ Location
Candidates are screened and onboarded via SaaS platform for enterprises.
domain founded_year HQ Location
Background screening services are provided to HR companies.
domain founded_year HQ Location
HR services are delivered to clients in Hangzhou, China.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Employrite

Frequently Asked Questions about Employrite

When was Employrite founded?

Employrite was founded in 1985.

Where is Employrite located?

Employrite is headquartered in Narre Warren, Australia. It is registered at Narre Warren, Victoria, Australia.

What does Employrite do?

The company was founded in 1985 and is based in Narre Warren, Australia. Operations focus on the employment screening sector, where pre-employment checks and investigative services are conducted. Pre-hire verification processes are handled for clients seeking background assessments. Services encompass standard screening protocols and detailed investigations to support hiring decisions. The firm serves businesses requiring compliance and risk management in recruitment.

Who are the top competitors of Employrite?

Employrite's top competitors include HireRight, First Advantage and Sterling.

What products or services does Employrite offer?

Employrite offers Criminal History Check, Reference Checks, Credit Enquiry, and Qualification Verification.

Who are Employrite's investors?

Employrite has 1 investor. Key investors include Veremark.

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