Notarize

Checker turned background checks into an API call and hit a $1B valuation

Sam describes Checkr, which raised $150-200M at a billion-dollar valuation by running background checks for gig platforms like Uber and Lyft. Shaan frames the insight as turning a tedious manual process into a simple API call.

“Raised $150-200 million at a billion-dollar valuation. And it's crazy simple. All they do is they do the background checks for particularly for a lot of the gig folks. So like Uber and Lyft whenever they want to.”

Steal thisFind a tedious, mandatory manual process (background checks, notarization) and turn it into a simple API call for high-volume platform buyers.