How Much Did Certn Raise?
Funding & Key Investors

Certn, a prominent player in Human Risk Intelligence, has secured substantial backing, with its total funding reaching $88.4M. The company recently closed a significant strategic investment round of $80M, underscoring its growth trajectory and market position in providing comprehensive background checks and ongoing risk monitoring for businesses globally.

This latest capital infusion follows earlier funding rounds, including a Series B round in April 2023, indicating sustained investor confidence in Certn's innovative approach to identity verification and risk management.

What is Certn?

Certn
Business ServicesSecurity Information and Event Management (SIEM)Software Testing

Founded in 2016 and headquartered in Victoria BC, Canada, Certn operates at the forefront of Human Risk Intelligence. The company empowers businesses worldwide to conduct thorough background checks and continuous risk monitoring for employees and contractors. Certn's platform offers a comprehensive suite of services, including domestic and international criminal background checks, credit reports, reference checks, education and employment verification, motor vehicle records, and identity verification, all delivered with speed and efficiency.

How much funding has Certn raised?

Certn has raised a total of $88.4M across 3 funding rounds:

2020

Angel/Seed

$975K

2021

Series A

$7.4M

2023

Series B

$80M

Angel/Seed (2020): $975K, investors not publicly disclosed

Series A (2021): $7.4M, investors not publicly disclosed

Series B (2023): $80M supported by B Capital Group, Inovia, Export Development Canada, BMO Bank of Montreal, T Ventures Management, and Tribe Global

Key Investors in Certn

B Capital Group

B Capital is a venture capital firm that focuses on empowering entrepreneurs by investing in early and late-stage companies within the Technology, Healthcare, and Climate sectors. With over $8 billion in assets under management and a portfolio comprising more than 190 companies, B Capital aims to support founders throughout the company-building lifecycle.

Inovia

iNovia Capital, founded in 2007 and headquartered in Montreal, Canada, is a full-stack venture firm. The firm partners with founders to build enduring global technology companies and seek to transform venture capital by perfecting the craft of investing in people first.

Export Development Canada

Export Development Canada was founded in 1944. This company provides risk management, secure financing and working capital services. Their headquarters are located in Ottawa, Ontario, Canada.

What's next for Certn?

The recent major strategic investment in Certn signals a pivotal phase for the company, likely aimed at accelerating product development, expanding its global reach, and enhancing its Human Risk Intelligence platform. With a solid foundation built on previous funding, this capital injection is expected to fuel further innovation in areas such as AI-driven risk assessment and real-time monitoring solutions. Certn is well-positioned to capitalize on the increasing demand for robust employee and contractor vetting in an evolving business landscape.

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Frequently Asked Questions Regarding Certn Financial Insights

What are the most recent funding rounds that Certn has completed, and what were the funding rounds?
Certn has recently completed 3 funding rounds: Series B on Apr 20, 2023, Series A on Feb 16, 2021, Angel/Seed on Jan 1, 2020.
What is the total amount of funding Certn has raised to date?
Certn has raised a total of $88.4M in funding to date.
How many funding rounds has Certn completed?
Certn has completed 3 funding rounds.
How much funding did Certn raise in its most recent funding round?
Certn raised $80M in its most recent funding round.
Who are the lead investors in Certn's latest funding round?
The lead investor in Certn's latest funding round was B Capital Group. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Certn's history?
The largest funding round in Certn's history was $80M.
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