Minneapolis-based Yardstik has closed a $30 million Series B led by Harbert Growth Partners, with existing investors Rally Ventures, MissionOG, Crosslink Capital, Grotech Ventures and Great North Ventures rolling in. The round brings the workforce-trust platform's total funding to $65 million and is aimed squarely at what founder Mac Cannell calls the industry's blind spot: everything that happens after the offer letter is signed.
Why continuous monitoring is Yardstik's wedge
Yardstik is arguing that a one-time criminal, MVR or credential check — the standard pre-hire ritual — treats worker verification like a photograph when it should be a live feed. The company says one in four applicants now show signs of identity fraud, powered by deepfake video, AI-generated documents and synthetic identities, while 81% of employers never re-check anyone after onboarding. Its Human Trust Platform bundles fraud prevention, background screening, credential verification and continuous monitoring into a single service that already runs behind H&R Block, Gopuff, Liveops and Jyve.
What the fresh capital will buy
Chief executive Mac Cannell told PR Newswire the round will extend monitoring into motor-vehicle-record refreshes, license-lapse alerts, exclusion-list monitoring and revised drug-screening flags, on top of the fraud-insights dashboard Yardstik started giving away with every account this summer. The company says revenue grew 149% year-over-year. Integrations with Greenhouse, Lever, Workable, Fountain, Bullhorn, Avionte, Paylocity and Ashby remain the primary distribution wedge, alongside a white-label API used by gig marketplaces.
Investor read on the vertical
Harbert's thesis mirrors Yardstik's: employee risk is a rolling exposure, and once a company internalizes that, the vendor moves from selling checks to owning a compliance workflow. Yardstik joins an unusually physical Aug. 27 funding cohort that included CivilGrid's $26M Series A, Transfyr's $25M seed and Lupin Dental's €15M Series A — each investing in defensibility rooted in a hard workflow rather than a generic AI wrapper.
Reporting based on coverage from PR Newswire, Tech Startups and Unite.AI.