SAN FRANCISCO—Checkr Group Inc., the background-screening company that built its business vetting Uber drivers and gig workers, reported revenue of $800 million in 2025, a 14% increase from the prior year. The growth comes amid a sharp rise in sophisticated fraud using generative AI to fabricate resumes and financial records, driving demand for Checkr’s verification services.

Chief Executive Daniel Yanisse told Forbes that at least 40% of job and loan applications his firm reviews now contain inaccurate or faked employment or financial details. Fraudsters are leveraging tools like ChatGPT and Google’s Gemini to produce convincing bogus pay stubs and curricula vitae. “This year is the first time we saw large scale fraud happening in employment with some of those sophisticated generative AI fake job candidates applying to small startups and large companies,” Mr. Yanisse said.

From Gig Economy Roots to Enterprise Scale

Checkr launched in 2014, initially focusing on rapid criminal-record checks for on-demand platforms. Uber Technologies Inc. was an early customer, relying on Checkr to screen drivers amid regulatory scrutiny over passenger safety. The company’s automation slashed turnaround times from weeks to hours, helping it capture market share in the burgeoning gig sector.

By 2023, revenue topped $700 million, roughly double 2021 levels, as Checkr expanded to larger enterprises, according to Mr. Yanisse in a Bloomberg interview. The firm, last valued at $5 billion in 2021, now serves sectors from finance to logistics, verifying identities amid remote hiring booms.

Fraud Wave Powered by Generative Tools

Generative AI has democratized deception. Posts on X highlight Checkr’s revenue jump tied to this trend, with Forbes noting San Francisco-based Checkr’s 14% growth as companies combat AI-generated CVs and faked documents. Mr. Yanisse described the shift: Fraud once limited to low-skill roles now targets white-collar positions, with AI crafting plausible narratives backed by forged proofs.

Checkr’s platform deploys AI to detect anomalies, cross-referencing data against public records, employer databases and financial APIs. This year marks a pivot, as white-collar fraud surges—up from sporadic incidents to systemic threats, per company data shared with Forbes.

Enterprise Pivot Amid Layoffs and Challenges

In April 2024, Checkr cut 32% of its workforce, or 382 jobs, as reported by TechCrunch. The reductions followed a post-pandemic hiring slowdown, but revenue rebounded as AI fraud escalated. The company now courts Fortune 500 clients, integrating with applicant-tracking systems for seamless screening.

Uber’s reliance on Checkr faced scrutiny after a December 2025 New York Times investigation revealed instances where violent felons slipped through, leading to assault allegations. Checkr defended its processes, emphasizing compliance with varying state laws on criminal history disclosures.

Broader Fraud Ecosystem Pressures

AI-driven scams proliferated in 2025, with consumers losing $12.5 billion to fraud, per a Fortune report citing Experian. Deepfakes and agent-based impersonation are projected to worsen in 2026. Crypto fraud alone hit $17 billion, fueled by AI tactics up 1,400% year-over-year, according to TechRepublic and Chainalysis research.

Checkr’s tools extend beyond resumes to income verification, crucial for gig workers and loans. Contrary Research’s profile details how the firm processes millions of checks annually, using machine learning to flag inconsistencies like mismatched payroll patterns in submitted stubs.

Competitive Edge in Verification Tech

Rivals like HireRight and Sterling also offer AI enhancements, but Checkr’s API-first approach integrates easily with HR tech stacks. A 2020 lawsuit alleged inaccuracies in gig-worker screenings, claiming false positives harmed drivers, as covered by the Union Leader. Checkr maintains FCRA compliance and invests in accuracy.

The company’s site touts AI efficiency for faster hiring and revenue gains, per Checkr.com. Recruiterflow’s 2026 roundup lists Checkr among top tools, alongside GoodHire and Accurate Background, for its speed and scale.

Path Forward in High-Stakes Screening

With fraud evolving, Checkr eyes further AI investments. Mr. Yanisse’s vision positions the firm at the intersection of hiring and security, as gig and remote work persist. Revenue momentum suggests sustained growth, even as valuation questions linger post-layoffs.

Industry watchers on X echo the Forbes post, debating AI’s dual role in job markets—creator of opportunities and forgeries alike. Checkr’s trajectory underscores a new reality: Trust verification is now a core business imperative.