Triple Point Ventures

– Veremark is a global pre-employment screening service for companies to verify employee credentials.
– The company raised $2.8m in seed funding.
– Backers included follow-on investors ACF Investors, Triple Point Ventures and SOV Ventures, new institutional investor Vulpes Investment Management in Singapore where Veremark has an office alongside other regional presence in London, India, Philippines, Hong Kong and Australia, as well as Prasanna Sankar, co-founder of US HR Tech Unicorn Rippling; Drew Austin, the founder of recently acquired HR chatbot solution Wade & Wendy; Rika Christanto an angel/seed investor and part of the Accel Starter program who also participated in the round, and UK Regtech entrepreneur Charlie Delingpole, who founded ComplyAdvantage, one of the Veremark’s clients.
– The company, which has raised $3.8m in total funding to date, intends to use the funds to expand in the pre-employment screening market (reportedly worth $16bn per year), and to offer both a standalone web platform, as well as an API offering that lets other service providers plug the Veremark’s verification engine into their service and instantly provide pre-employment screening services to their clients.

– Quit Genius, a NYC-based digital clinic for treating multiple addictions, raised $64M in Series B funding round.
– The round was co-led by Kinnevik and Atomico, with participation from Series A investors Octopus Ventures, Triple Point Ventures and Startup Health.
– The company will use the funds to fuel expansion of its platform in the U.S..