Veremark , a workplace trust company based in London, has raised 26 million in Series B funding. Veremark will use the funding to bolster tools that combat AI-detected false candidate information and to assist employers in assessing and verifying global talent in todays challenging and complex job market.
The funding will help Veremark expand its product suite, improve its AI verification capabilities, and grow its global operations.
Veremark refers to this as a growing trust gap in the global hiring process. This financing round was led by Gresham House Ventures , with contributions from existing investors like Samaipata, ACF Investors, and Stage 2 Capital. The deal also features a large debt facility from Salica Partners.
