At $5 billion startup Checkr new employees build an app using AI during onboarding—even the new CFO

Good morning. Checkr, used by businesses for an AI-powered background check service, has a new CFO ready to double down on AI in finance—and he built an app during onboarding.

Tim Yarbrough joined as finance chief in March, succeeding Naeem Ishaq. He brings more than 20 years of experience, including over a decade at ZipRecruiter, most recently as CFO. He previously led financial planning and strategy at Convertro Inc. and held strategic finance roles at Qualcomm.

“Tim’s experience scaling a company through a similar stage of growth is exactly what we need,” Daniel Yanisse, co-founder and CEO of Checkr, said in a statement.

The appointment comes as Checkr pushes beyond its core background-check business. Founded in 2014, the company serves more than 130,000 businesses and is valued at $5 billion. In 2025, gross revenue exceeded $800 million, and net revenue (excluding government fees) surpassed $500 million.

Asked about a potential IPO, Yarbrough was measured. “Right now, my focus is on helping to build Checkr into the defining multi-product data platform for trust-based decisions,” he said. The company is pursuing a market exceeding $40 billion across identity, income, and tenant verification, and “that is where my energy is going,” he said.

At Checkr, AI starts on day one

A key draw for Yarbrough was Yanisse’s belief that AI should be used by every employee. Why this matters: “If leadership hasn’t communicated clear priorities and created dedicated space to get people up to speed,........

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