SCAUT, a Czech online background screening tool, received a one million euro investment to expand its technologically innovative services in recruitment security.
Information on the Target
SCAUT is a pioneering online screening tool based in the Czech Republic, founded in 2020 by risk management expert Petr Moroz. The platform leverages advanced artificial intelligence and machine learning technologies to provide a comprehensive background screening solution for employers. SCAUT’s innovative approach allows organizations to efficiently verify candidates' qualifications while safeguarding sensitive company information from misuse and theft.
The tool covers over 150 countries and adheres to GDPR regulations, making it a valuable asset for companies aiming for thorough compliance in their hiring processes. With a growing client base of more than 120 global employers and prominent local companies such as Albert, Alza, and Vodafone, SCAUT is poised for rapid growth in the HR technology sector.
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Industry Overview in the Czech Republic and Slovakia
The background screening industry has seen a significant transformation in the Czech Republic and Slovakia, driven by an increase in remote working and the need for enhanced security measures in hiring processes. According to
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Disclosed details
Transaction Size: $1,000M