CV Check Ltd Company Profile

Established & cash-flow positive business ready to scale

CV Check is a market leader in background screening and verification checks with the team, infrastructure and partnerships in place for continued growth.

  • Company
    CV Check Ltd
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  • Sector
    IT Services
  • Industry
    IT Consulting & Other Services
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Company Overview

CV Check Limited (ASX:CV1) is a market leader in background screening and verification checks for B2B and B2C customers throughout the ANZ region. CVCheck's technology is a scalable cloud-based platform that allows for workflow automation and white label solutions for customers as well as integrations with partner organisations.

CVCheck is able to provide a variety of international background checks which opens up the US$10bn global screening market. CVCheck intends on continuing their growth by targeting B2B revenues and expanding on their proven and established business model.

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Fully funded to expand on their market leader position

CVCheck is an established business with a growth strategy to continue producing predictable revenue streams.

Positive T12M cash-flow is being fueled by a focus on high quality B2B revenue streams and increasing share of wallet by providing a high level of customer satisfaction.


Cementing new partnerships via technology integrations in order to create cost effective and scalable sales opportunities in its large global addressable market.


Increased the size of the accounts, sales and management team substantially in order to exploit its access to an ever increasing pool of potential customers.

Fully funded at cash-flow positive inflexion point

CVCheck are an established business that have reached a cash-flow positive inflexion point. CVCheck also have >A$5m of cash on hand, which provides the company with ample working capital to execute on its ambitious growth strategy.

Focus on high quality B2B revenues

CVCheck has made a strategic shift towards high-quality, repeat B2B revenue streams. Revenue in Q1 FY2020 hit a record $3.5M, with $2.6M coming from B2B customers following B2B growth of 24% on the previous corresponding period. At the current rate, CVCheck are winning approximately ~300 new B2B clients per month. CVCheck's blue-chip client base is well diversified with no customer representing >2% of its revenue base.

Diversified Tier-1 Client Base

Read the Announcement

Click here to read how CVCheck achieved record breaking quarterly sales

New Partnerships

CVCheck have recently announced significant new partnerships including with human resources technology company XREF and global enterprise recruiting software provider SmartRecruiters. The partnership with XREF is expected to providing a best-of-breed solution for all candidate verification across ANZ while increasing the opportunity for CVCheck sales via its integration. Continued partnerships are expected to continue to broaden the reach of CVCheck within its global US$10bn addressable market.

XREF Partnership

Click here to learn more about the XREF partnership agreement

Other Partnerships

In addition to XREF and SmartRecruiters, CVCheck have a extensive list of integration partners. Because CVCheck has a highly valued reputation amongst its peers, CVCheck is able to secure attractive commercial terms when making its integrations. Also, because of CVCheck's reputation for providing a high level of customer service to clients, these integrations result in workflows that drives customers toward CVCheck's account management and sales teams.

Latest presentation

Click here to download CVCheck's latest presentation

Customer Centric Philosophy

CVCheck's business philosophy is customer-centric by building relationships with its customers that are empowered by technology. This approach has resulted in a very high B2B retention rate which has also been the driving force behind the company's expanding ARPA and $9.6m ARR.

Team in place

CVCheck have a scalable business model that is well resourced. Within the space of a year, its management team has increased while also doubling the size of its account management team. Sales staff has also increased from 1 to 8 in order to meet the significant increase in the pool of potential customers CVCheck now have access to.
Clock icon Information current at 21 November 2019

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