RippleMatch Raises $23.5M to Fuel Early Career Recruiting Platform
I am thrilled to announce that our Work-Bench portfolio company RippleMatch has raised a $23.5M funding round led by Invus Opportunities.
We’re thrilled to announce that Work-Bench has led ZippedScript’s $2.6M Seed round with participation from existing investor NewStack Ventures to further their mission of transforming education verifications for global candidates!
We couldn’t be more excited to be on this journey with co-founders Chris Harper (CEO) and David Alexander (CTO), who are rethinking an outdated industry from the ground up.
For many job seekers, the background check process is an afterthought — it’s the middle step between acing your interviews and landing the job offer you've been hoping for.
The reality is that background checks are far from straightforward. Most candidates have never heard of the companies conducting these major, decision-defining reports. Meanwhile, most background check companies simply act as a front-end interface for employers to interact with, outsourcing the actual verification and data validation process to legacy third party data providers across claims like education, employment, criminal, and more.
Among the many types of data verifications in background checks, validating educational credentials for international candidates is acutely difficult, with significant variations in format, timeliness, and cost. These challenges stem primarily from reliance on manual verification methods like email, phone calls, and in-person visits to institutions—creating inefficiencies in an increasingly global workforce landscape.
Since day one, ZippedScript has been focused on providing fast, accurate, and cost-effective access to international education credentials. In a few short years, the company has already created a proprietary database of over 20M+ pre-verified candidate degrees across multiple continents. By pre-verifying education credentials, ZippedScript can validate a candidate’s education credentials with better speed, accuracy, affordability, and global coverage than traditional methods.
As the workforce becomes increasingly globalized, ZippedScript is revolutionizing a traditionally overlooked, service-intensive sector with a refreshingly innovative approach. Through their education database, ZippedScript is taking a traditionally services-heavy model and flipping it on its head by pioneering the industry's first recurring revenue model.
We were immediately drawn to Chris and David’s vision for revitalizing an outdated industry with fresh eyes and are rethinking the background check process from the ground up.
We have been impressed by their ambitious vision for rethinking professional identity verification. They’re working with leading background check companies worldwide and we’re excited for all that’s to come!
Read more about ZippedScript here.