Konfir, a B2B SaaS platform that provides instant employment and income verification, has launched a 6 1.6m pre-seed round led by Triple Point Venture, supporting founder Chris Milligan for the second time.
The round has also been backed by a long list of prominent UK technology angels, including Michael Pennington, co-founder of Gamtree, Duncan Taton-Brown, who sits on the boards of Jupla, Trenline and LoveHallidays, along with stripe executives.
Confir is the first business of its kind in Europe, focusing on background checking. It has established a traction committed to a business of its level and has brought together an impressive management and advisory team of verification industry experts. Steve O’Neill, co-founder of Security Watchdog (acquired by Capita PLC), now Confir’s Head of Growth, has already helped the company generate up to 1 million verification requirements next year.
Employment verification is required at various consumer life events such as job or home relocation. Companies and individuals face an administrative headache that requires an average of 3 or 5 years of work history to prove. This sensitive employment data is currently insecurely shared via email, PDF or phone call. “The referencing process can take weeks to complete and the hiring process can take significantly longer. What Conferer is doing through the API is to speed things up by providing direct access to existing history on other systems instead of waiting for emails from previous employers,” said Oliver Harris. , Global Managing Director – Page Outsourcing.
Confucius helps all parties; Those who are requesting verification are employers and individuals themselves. Following the success of new companies such as Truework, Citadel and more historically Equifax in North America, Konfir is being launched in the UK at a time when employment policy is changing, allowing trusted digital identities to be used for pre-employment management. Examine and prove the right to work. Confirm now that employment verification can automatically, digitally and ultimately overcome the ultimate hurdle of real-time hiring.
Chris Milligan, CEO, Confir, says: “It’s great to be able to work with Seb and the team at Triple Point again. I’m glad they chose to support Confirm because I always found them helpful. We’ve built an exciting company here and our team is really excited about fixing this ancient process. We are all in a position where we have to deal with the evidence of employment and it is really important for the economy to accelerate this process as we come out of the epidemic. “Obviously there are a lot of opportunities in the job market due to the rate of movement and the increase in demand.”
Seb Wallace, Investment Manager, Triple Point Ventures, said: “Confir is addressing a major issue for employers and employees across Europe, at a time when hiring and retaining is a top priority for businesses across the continent. Chris is an experienced founder and an expert in the HR and employment sector. After partnering with him on his previous business, we are excited to be able to work together again on Confir and the promising opportunities it presents. Chris’s attitude is compelling and our decision to support Confirmation is a testament to our faith in Chris and his proven ability as an entrepreneur. “