Yardstik, Inc. today announced the general availability of its “human security platform,” inclusive of white-label, fully integrated background screening, certification, training, and deep industry-specific solution sets.
Yardstik boasts a unique operating model tailored to marketplaces and SaaS platforms, with an API-first platform adaptable to virtually any platform environment. They highlight their consultative approach to designing industry-specific solutions as a market differentiator.
In April of 2020, Yardstik secured $4 million in seed financing from co-leads Rally Ventures and Crosslink Capital. With this investment, Jeff Hinck and Justin Kaufenberg of Rally Ventures, along with Eric Chin of Crosslink Capital, joined the Yardstik Board of Directors alongside Co-founder and CEO Matt Meents. Meents previously co-founded and served as CEO of Magnet360.
“I’ve seen first-hand how critical it is to commit to human security when you are a vertical platform of record,” said Kaufenberg. “The platform model works. I’ve seen the profound business impact it can have. And now, through Yardstik, we’re able to apply that proven model to any platform in the world and position them to become champions for safety for their industries. And we can offer it in a way that doesn’t take tens of millions of dollars and 50-plus employees to get done.”
“This is going to disrupt the traditional screening market,” said Chin. “There’s huge untapped potential in this space, and nobody else is out here doing this like we are, for this audience. That’s being validated now by our customers.”
Operating primarily “under the radar,” to date, Yardstik has added 33 customers spanning a variety of industries. And they continue to expand their service offerings through consultation with those customers.
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“The response so far has been incredible,” said Meents. “The marketplaces and platforms we’ve been talking to just get it right away, and they see the unique value almost immediately.”
One of those customers, Dispatch , is a business-to-business delivery platform and an early advocate for Yardstik’s approach.
“The Yardstik team went beyond basic background screening and listened to the unique needs of our company,” said Andrew Leone, Dispatch CEO and Founder. “They were consultative in their approach and were an extension of our team to help us deliver more for our customers.”
Yardstik will be pursuing its series A financing in Q2 of this year.
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