Loading organizations...
Konfir, a London, UK-based B2B SaaS platform, provides instant employment and income verifications for UK workers by aggregating payroll, HR, banking, and tax data sources. The company streamlines background checks for employers and verification providers, with plans to expand its services across Europe. Konfir has raised a total of £3.6 million in pre-seed and seed funding, with demand projected for up to 1 million verifications in the coming year. Investors include Triple Point Ventures, Gumtree co-founder Michael Pennington, and Zoopla/Trainline board member Duncan Tatton-Brown, alongside executives from Stripe. The leadership team also features Head of Growth Steve O’Neil, a co-founder of Security Watchdog. Konfir was founded in 2022 by Chris Milligan. Its business model centers on B2B SaaS subscriptions or per-verification fees charged to background checking providers and employers.
Konfir has raised $2.0M across 1 funding round.
Konfir has raised $2.0M in total across 1 funding round.
Konfir has raised $2.0M across 1 funding round. Most recently, it raised $2.0M Seed in March 2022.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Mar 1, 2022 | $2M Seed | SEB Wallace | Passion Capital, Seedcamp, Albion VC, Azeem Azhar, Chalfen Ventures, Doug Monro, Felix Capital, Firstminute Capital, James Isilay, James Meekings, Lakestar, Love Ventures, Michael Pennington, RAN Makavy, Sherry Coutu, Tony Jamous, Will Brooks, Will Martin, Duncan Tatton Brown | Announced |
Konfir is a UK-based technology company that provides instant employment and income verification services through direct APIs, enabling faster verifications for background screening, hiring, renting, and credit decisions.[1][2][4] It serves employers, landlords, lenders, and background screening providers by pulling data from HMRC, payroll systems, and open banking with user consent, delivering reports in 2-5 minutes to streamline processes and reduce fraud risks.[1][2][3] The platform solves the inefficiencies of traditional manual referencing—such as emailing employers or relying on documents—which can take days or weeks, by offering GDPR-compliant, automated checks with market-leading coverage.[1][3] Konfir demonstrates strong growth momentum, with adoption by over 4,000 organizations since its 2022 launch, key partnerships like Experian (2023) and Accurate Background (2024), and certifications including UKDIATF Attribute Service Provider, ISO 27001, and Kantara Initiative recognition.[2][3][5][6]
Konfir was founded in 2022 to revolutionize employment verification by addressing the administrative burdens of outdated methods like manual employer contacts.[2][3] Led by CEO Chris Milligan, the team includes experts like Tom McAuliffe (Head of Product), Robin Clarke (Head of Sales & Client Success), and Eric F-Reid (CISO & DPO), backed by top tech investors.[4] The idea emerged from a focus on consumer protection and economic acceleration in the UK, leveraging novel tech like payroll integrations and open banking for instant, secure data access under GDPR.[3][4] Early traction came from UKDIATF certification as the first Attribute Service Provider for employment, income, and gap verification, enabling partnerships and rapid adoption in background screening.[1][2][3]
Konfir sets itself apart in the verification space through:
Konfir rides the wave of digital identity and open banking trends in the UK, capitalizing on government-backed frameworks like UKDIATF to enable trusted, consent-based data sharing amid rising demand for automated verifications.[1][3] Timing is ideal post-2022 launch, as manual screening inefficiencies clash with talent shortages, remote hiring, and fraud spikes—Konfir cuts turnaround from weeks to minutes, accelerating job switches, rentals, and credit access in a £2 trillion UK economy.[2][3][5] Market forces like regulatory pushes for secure fintech (e.g., Open Banking) and HR tech digitization favor it, while partnerships with giants like Experian amplify influence on the background screening industry, setting standards for consumer-controlled data in Europe's identity ecosystem.[2][5]
Konfir is poised for expansion beyond UK employment checks into full lifecycle verifications (e.g., gaps, income trends) and international markets via partners like Accurate Background.[5] Trends like AI-driven fraud detection, broader open finance adoption, and EU digital identity wallets will propel growth, potentially doubling its 4,000-client base as economic friction points multiply.[3][6] Its influence may evolve from niche disruptor to ecosystem enabler, powering compliant, instant decisions that unlock faster UK economic mobility—turning verification from barrier to accelerator, much like it has already for hiring and screening.
Konfir has raised $2.0M in total across 1 funding round.
Konfir's investors include Seb Wallace, Passion Capital, Seedcamp, Albion VC, Azeem Azhar, Chalfen Ventures, Doug Monro, Felix Capital, Firstminute Capital, James Isilay, James Meekings, Lakestar.
