Yardstik, an employee screening and monitoring platform, announced that it raised $30 million in Series B funding led by Harbert Growth Partners. Existing investors Rally Ventures, MissionOG, Crosslink Capital, Grotech Ventures and Great North Ventures also participated.
The new investments brings the capital raised by Yardstik to $65 million. The company said in a news release it will use the funds to develop new fraud prevention, continuous monitoring and credential management capabilities.
“This investment allows us to move faster toward our goal of equalizing access to modern workforce protection,” Andrew Johnson, CEO of Yardstik, said in a statement. “Fraud signals before a check runs, monitoring after someone is hired and real-time credential visibility should not be premium add-ons. They should be the foundation of every trust program.”
