Zinc Secures $6.4 Million in Series A Round Led by AVP to Expand Global Presence and Accelerate Product Innovation

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Technology has revolutionised the job-hiring process, making it easier and faster for teachers to find the right candidate. Zinc, an all-in-one global background and reference-checking software, has just secured $6.4 million (£5 million) in its Series A round to expand its reach and accelerate product innovation.

Founded in 2017, Zinc is committed to providing transparency for candidates and respecting their privacy when it comes to background checks. The platform offers a convenient and reliable solution that can complete checks in days rather than weeks. Plus, its mobile-optimised experience makes it easy to integrate with Applicant Tracking Systems (ATS) and Human Resources Information Systems (HRIS) without manual checks or PDF downloads.

Co-founder of Zinc, Luke Shipley, expressed his excitement about the investment: “We’re delighted to partner with AVP. We work heavily in the finance sector and are proud to partner with a household financial services brand. AVP is a perfect partner for us to grow within other regulated domains and geographies with AVP’s global reach.”

One of the features that sets Zinc apart is its global right-to-work check, which helps teachers to refine their talent acquisition strategies and ensure they are in line with international employment regulations. As Zinc supports many routes to verifying the right to work, this feature has enabled employers to promote workplace diversity.

Managing Partner of AVP, François Robinet, commented on the investment: “Today, the global background check market is huge and will continue to grow at a +10% CAGR over the next five years. Zinc is perfectly positioned to take a leading position in this market, focusing on the most regulated industries and using technology as a key differentiator in a market largely occupied by low-tech incumbents.”

Zinc’s value proposition has been recognised by a number of industry leaders, with its platform being used by hundreds of employers, including Octopus Energy, Bolt, Improbable, HelloFresh, and Marshmallow. It provides a pioneering formula that sets efficiency and sustainability benchmarks, allowing teachers to find the best candidate quickly and easily.