• All Investment Ideas

    Invest in Checkr

    Please, log in or sign up to invest in Checkr

    Investment Idea Details
    About the company

    Checkr is an automated background check company. Checkr was founded in 2014 and is headquartered in San Francisco, California.

    Checkr uses the same data sources as traditional background check companies, but can usually turn it around a lot more quickly than traditional providers. Checkr uses artificial intelligence and machine learning to classify large amounts of data used in background checks.

    Market Opportunities

    As of January 2020, Checkr has provided more than 42 million background checks. The company announced in April 2018 that it runs more than one million background checks per month for more than 10,000 customers.

    Employment Screening Services market is expected to grow to US$ 5.46 billion by 2025 from US$ 3.74 billion in 2016.

    Risks

    Checkr has not publicly disclosed financials. As a result, it is unknown whether the company is profitable or has a path to profitability.

    Checkr competes in the background check industry and faces a competitive landscape, which may affect Checkr’s long-term viability.

    Financials and Valuation

    Checkr has raised $309m in total funding. Checkr valuation is $2.2B.

    Checkr does not disclose financial information. Upon announcement of the Series D funding round, CEO Daniel Yanisse discussed with Forbes that the company is close to profitability, and that the company would be aiming to expand globally in 2020.

    How Venture Investments Work
    1. Searching for Companies

    United Traders analysts are in continuous search for OTC offers studying financial reporting, companies’ businesses, their future plans, analyzing them as potential acquisition targets or estimating prospective multifold capitalization increase as well as considering risks that may hinder business growth. The best ideas are offered to our investors.

    Publication
    07 Feb
    Minimum Amount
    $5 000
    2. Buying shares

    As part of our service for purchasing shares on the OTC market, for its traders and investors United Traders buys units in funds that own equity stakes in private companies. These funds make early-stage investments in private companies or acquire equity stakes from employees of such companies.

    Shares Outstanding
    Limited
    3. Public Offering

    United Traders will have shares at its disposal after the IPO. The shares can be sold after the established 6-month Lock-up period. Alternatively, the shares can be hedged for the above period. Prior to the company going public United Traders look for exit options in the OTC market. If we find a great offer, we sell the shares.

    Public Offering Date
    Pending
    Estimated Gains
    +150%
    4. Taking profit

    After the Lock-up period is over, the investment position will be automatically closed, and generated profits are credited to your account less the applicable UT fees. We offer an opportunity for investors with over $100,000 invested in a specific idea to search for a counterpart in the OTC market individually and to take profits before the company goes public and thereby exiting the trade prior to the Lock-up period expiration.

    Exit
    ̴ 2021
    Early Exit

    Although it is prohibited to sell shares within the Lock-Up period, our traders find ways to take profits for our investors using various financial instruments: forwards, options, short selling trades, etc.

    For an investor the above means that the investment may be exited after paying a portion of its value, usually around 15% which is caused by highly-priced instruments used to close the position. To do so, you should press the respective button in your members area as soon as it becomes active.

    The exiting process is similar to making a new investment. You submit a request, we execute it within 1 business day, and your investment is closed at the current exchange price.

    Fees

    ENTRY FEE

    3.5% of the share purchase amount. The fee is charged at confirmation of your investment bid.

    EXIT FEE

    0.5% of the share sell amount after the trade. The fee is charged at the investment exit.

    SUCCESS FEE

    20% of the profit gain. The fee is charged only if the trade is profitable at the time of exiting.

    EARLY EXIT FEE

    Usually a 15% fee is charged subject to the actual situation at the exchange. The fee is calculated individually for each investment.

    What Are the Benefits of Investing with United Traders?

    WE ARE A RELIABLE PARTNER

    Our risk managers will support you throughout the entire transaction life. You can also contact us by phone: +7 495 646-15-57 or 8 800 333-66-81, or visit our office for a detailed discussion.

    HIGH PROFITABILITY

    Venture investing is very risky as they involve new or growing companies, and multifold increase in capitalization is expected. We select companies that already demonstrate strong financials and plan to go public soon. This approach allows limiting hyper-risks related to insolvency of new companies and substantially increasing profits as compared to investors who buy shares in a pre-IPO subscription.

    LOW ENTRY THRESHOLD

    To qualify for a pre-IPO subscription, one would need millions of dollars. We gathered a pool of traders and investors allowing everyone interested to join similar transactions with as much as $5 000.

    Risks

    United Traders is experienced in minimizing risks but a future investor should be aware of all risk types:

    • Illiquidity. There is a possibility that early exit from this investment will take more than 1 month.
    • Asymmetric information. Management and current investors have access to more internal information about the company than other market participants.
    • Time uncertainty. There is no information regarding next financing round or exit strategy timeframe (IPO or M&A).
    • Share dilution. The issue of additional shares by a company may reduce the value of shares of existing investors.

    Invest in Checkr

    Please, log in or sign up to invest in Checkr