Zinc Raises £5 Million in Series A Funding Round to Revolutionize Global Hiring with Fast Background Checks

1 min read

Key Takeaways:

  • London-based startup Zinc has successfully raised £5 million in a Series A funding round.
  • The funding will enable Zinc to enhance its blockchain-based platform, which facilitates fast background checks in 190 countries.
  • AXA Venture Partners, a leading investor in disruptive technologies, emerged as the primary investor in this round.
  • Seedcamp, a prominent early-stage venture capital firm, also participated in the fundraising.
  • With a total funding amount of £5.3 million and three successful funding rounds, Zinc is poised to transform the hiring landscape with its innovative technology.

In a groundbreaking development for the hiring industry, London-based startup Zinc has announced a successful Series A funding round, raising an impressive £5 million. This significant investment will fuel Zinc’s mission to revolutionize the global hiring process by streamlining background checks using blockchain technology.

Zinc’s cutting-edge platform enables businesses to request fast and reliable background checks in 190 countries. By leveraging blockchain, the company ensures the security and immutability of sensitive hiring information while expediting the verification process. With this recent funding, Zinc aims to further enhance its platform, making it even more accessible, efficient, and globally scalable.

The Series A funding round was led by AXA Venture Partners, a renowned investor in disruptive technologies. AXA Venture Partners recognized the immense potential of Zinc’s innovative approach to hiring and committed a significant amount to support the startup’s growth. In addition, Seedcamp, a prominent early-stage venture capital firm known for backing transformative startups, joined as a participant in the funding round.

Zinc’s successful fundraising is a testament to the startup’s impressive progress and the market’s recognition of the value it offers. With a total funding amount of £5.3 million across three funding rounds, Zinc is poised to revolutionize the hiring industry by providing employers with fast and reliable background checks, powered by the security and transparency of blockchain technology.

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To learn more about Zinc and its mission to transform the hiring landscape, visit their website at [https://zincwork.com]. Additional details about Zinc’s funding and achievements can be found on their Crunchbase profile [https://www.crunchbase.com/organization/zinc-38c8].

Zinc’s recent Series A funding round marks a significant milestone for the startup and paves the way for a future where hiring at scale is more efficient, secure, and reliable. With the support of prominent investors, Zinc is well-positioned to make a lasting impact in the global hiring industry.

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