Yardstik has raised $30 million in Series B funding to expand its workforce trust and risk-management platform, bringing the Minneapolis-based company’s total capital raised to $65 million. The round was led by Harbert Growth Partners, with participation from existing investors Rally Ventures, MissionOG, Crosslink Capital, Grotech Ventures, and Great North Ventures. The company plans to use the new capital to accelerate product development in fraud prevention, continuous workforce monitoring, and credential management.
Expanding Beyond Traditional Background Checks
Founded in 2020, Yardstik provides technology designed to help employers manage workforce risk beyond the initial hiring process. Its Human Trust Platform combines background screening, identity verification, fraud detection, and ongoing monitoring to help organizations identify potential risks throughout an employee or contractor’s tenure. The company argues that traditional background screening creates a visibility gap because checks are commonly conducted at the time of hiring rather than continuously.
Yardstik plans to address that gap by expanding monitoring tools that can alert employers when relevant employee information changes. Planned capabilities include motor vehicle report monitoring, Office of Inspector General exclusion monitoring, and automated notifications when professional licenses, insurance policies, or certifications expire. These tools are intended to give employers faster visibility into developments that could affect compliance, safety, or workforce eligibility.
New Fraud and Monitoring Capabilities
The company has also introduced Fraud Insights and Continuous Monitoring as standard capabilities available to customers at no additional cost. Fraud Insights provides employers with a live view of aggregate fraud-related signals across their workforce, while Continuous Monitoring automatically enrolls screened workers into post-hire monitoring. Yardstik said the combined tools are designed to reduce manual rechecks and help employers detect emerging risks sooner.
Chief Executive Officer Andrew Johnson said workforce risk can change significantly after an employee has passed an initial screening process. He noted that employers may need to know quickly when a driver develops a disqualifying motor vehicle record or when a worker’s professional credential lapses. Yardstik is positioning its platform as a continuous source of workforce intelligence rather than a one-time background verification service.
Growth Across Workforce-Intensive Industries
The funding comes as Yardstik reports strong recent growth, including a 149% year-over-year increase in revenue and a 99.4% customer satisfaction rating. The company also reported a 98% account retention rate over the past three years, according to Harbert Growth Partners General Partner Brian Carney. Yardstik serves organizations across sectors including staffing, healthcare, transportation, logistics, childcare, and gig-economy marketplaces.
Customers cited by the company include Gopuff, Liveops, Sharetown, TaskRabbit, and HUNGRY, while Yardstik was also ranked No. 861 on the 2026 Inc. 5000 list of America’s fastest-growing private companies. The platform can operate as a standalone product or through integrations with recruiting and human resources systems including Greenhouse, Lever, Workable, Fountain, Bullhorn, Avionté, and Paylocity. Its API-first infrastructure also enables marketplaces and technology platforms to embed or white-label Yardstik’s screening and fraud-prevention capabilities within their own products.
Addressing Workforce Fraud Risks
Yardstik’s expansion comes as employers face growing concerns around identity fraud, falsified credentials, and risks that emerge after workers have been hired. The company cited a 2026 Association of Certified Fraud Examiners report stating that a typical occupational fraud scheme lasts 12 months before detection, with 43% of cases identified through tips. Yardstik is seeking to reduce that detection gap by giving employers more automated and continuous access to workforce risk signals.
The $30 million Series B gives Yardstik additional resources to broaden its platform as employers increasingly look beyond traditional pre-employment screening. By combining fraud prevention, background verification, credential tracking, and continuous monitoring, the company is aiming to create a more comprehensive approach to managing workforce trust. The new investment will support the development of additional monitoring capabilities as Yardstik expands across industries where identity, compliance, and worker eligibility are critical operational concerns.