Veremark expands global reach with acquisition of Employrite

Veremark, a global web3.0 employment screening firm offering over 40 credential checks in 150 countries, has seen a threefold increase in clients post its Series A funding round. This growth underscores its expansion, further boosted by acquiring Employrite in Australia and New Zealand, enhancing its Asia-Pacific presence.

Employrite, a stalwart in the Asia-Pacific pre-employment screening landscape, brings to the table extensive industry expertise and a blue-chip client base. The acquisition encompasses the business books and IP of Employrite in both Australia and New Zealand, solidifying Veremark’s foothold in these key markets.

Daniel Callaghan, CEO of Veremark, said, “We are delighted to bring Employrite onboard transforming how organisations ensure the appropriate screening and continued compliance of their employees. Our mission remains to help the world trust faster; we can bring this to reality not only in our key markets of the UK growth sector but also across the broader ANZ region.”

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Veremark will continue to operate as a globally distributed team with core hubs in the UK, US, Australia, Singapore, India, and the Philippines.

David Birchall, Founder; and Katrina, Co-Founder of Employrite, concluded, “The marrying of Employrite and Veremark is a great union. With our market knowledge and presence supported by their state-of-the-art technology and global reach means we can continue to deliver more for our clients.”