SpringVerify

Bengaluru, India Founded: 2018 • Age: 8 yrs
Employment background screening is facilitated through advanced technologies.
Annual revenue $2.7M Latest available
Total funding $370,000 1 rounds
Employees 219 Tracked headcount
Investors - Known backers
Products 5 Services tracked
Competitors 11 Brand Intelligence

About SpringVerify

SpringVerify is a company based in Bengaluru (India) founded in 2018 by Kartik Mandaville. SpringVerify has raised $370 thousand across 1 funding round. The company has 219 employees as of April 06, 2024. SpringVerify offers products and services including ID Verification, Address Verification, Employment Verification, Education Verification, and API Integration. SpringVerify operates in a competitive market with competitors including IDfy, Checkr, Fama, Certn and KarmaCheck, among others.

  • Headquarter Bengaluru, India
  • Employees 219 as on 06 Apr, 2024
  • Founders Kartik Mandaville
  • Sectors
    Technology
  • Email
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  • Website
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  • Legal Name Springrole India Private Limited
  • Date of Incorporation 03 Jul, 2017
  • Jurisdiction Bengaluru, Karnataka, India
Operational Areas
Technology → Enterprise Software & Productivity Solutions Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $2.72 M (USD)
    46.03
    as on Mar 31, 2022
  • Net Profit
    $89.24 K (USD)
    -13.52
    as on Mar 31, 2022
  • EBITDA
    $154.94 K (USD)
    -39.67
    as on Mar 31, 2022
  • Total Equity Funding
    $370 K (USD)

    in 1 rounds

  • Latest Funding Round
    $370 K (USD), Seed

    Mar 01, 2018

  • Investors
    Not available
  • Employee Count
    219

    as on Apr 06, 2024

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Products & Services of SpringVerify

SpringVerify offers a comprehensive portfolio of products and services, including ID Verification, Address Verification, Employment Verification, Education Verification, and API Integration.

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Primary

Confirms candidate identity through document checks.

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Validates candidate residential addresses.

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Checks past employment history for accuracy.

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Authenticates academic qualifications and institutions.

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Enables seamless integration with HR systems for verifications.

Funding Insights of SpringVerify

SpringVerify has successfully raised a total of $370K through 1 strategic funding round. The most recent funding activity was a Seed round of $370 thousand completed in March 2018. 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.

Investments & Acquisitions by SpringVerify

Investments
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Investment portfolio details for SpringVerify

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Financial Statements - SpringVerify

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Detailed financials for SpringVerify

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Springverify Comparisons

SpringVerify Primary company
Description
Employment background screening is facilitated through advan...
Location
Bengaluru, India
Founded Year
2018
Annual Revenue
$2.72 M (USD)
Net Profit
$89.24 K (USD)
EBITDA
$154.94 K (USD)
Employees
219
As of 2024
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Peer comparison for SpringVerify

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Competitors of SpringVerify

SpringVerify 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, Certn and KarmaCheck, among others.

Company Name Domain Founded year HQ Location Description
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Identity verification, background screening, and fraud prevention solutions are provided.
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AI platform for employee background verification is utilized.
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Social Media Background and Digital Footprint check
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AI-enabled platform for background verification and profiling is provided.
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Cloud-based background checks for employee screening are facilitated.
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Background verification for candidates' employment and income is automated.
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Detailed competitors of SpringVerify

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Latest news on Springverify

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Complete news archive for SpringVerify

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Frequently Asked Questions about SpringVerify

SpringVerify was founded in 2018.

SpringVerify is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.

Kartik Mandaville is the current CEO of SpringVerify. They have also founded this company.

SpringVerify is a funded company, having raised a total of $370K across 1 funding round to date.

As of Apr 06, 2024, the latest employee count at SpringVerify is 219.

Annual revenue of SpringVerify is $2.72M as on Mar 31, 2022.

SpringVerify was founded in 2018 in Bengaluru, India, and operates in the employment background screening sector. The platform is designed to verify candidate credentials for employers using technologies including OCR, blockchain, and machine learning. Verification processes are streamlined for both parties, with a dashboard provided for HR teams to monitor progress, detect discrepancies, and produce reports.

SpringVerify's top competitors include IDfy, Checkr and Truework.

SpringVerify offers ID Verification, Address Verification, Employment Verification, Education Verification, and API Integration.

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