Reference Check Software Companies

Competitive Landscape of Reference Check Software Market

The global reference check software market is experiencing a period of significant growth, driven by a number of factors including the increasing emphasis on hiring qualified and reliable candidates, the rising complexity of recruitment processes, and the need for efficient and automated solutions. This growth has led to a competitive landscape with a range of established and emerging players vying for market share.

Key Players:

• HireRight, LLC


• Hireology


• Checkster


• Xref


• Outmatch


• SkillSurvey Inc


• VICTIG


• HealthcareSource HR, Inc


• Oleeo PLC


• CareerPlug

Strategies Adopted:

• Product Innovation: Leading players are constantly innovating their products by adding new features and functionalities, such as AI-powered reference checks, automated workflows, and integration with other HR technologies.


• Market Expansion: Many companies are expanding their geographic reach by entering new markets and developing partnerships with local companies.


• Focus on Customer Experience: Players are investing in improving customer experience by providing excellent customer support, offering user-friendly platforms, and ensuring data security and compliance.


• Acquisitions and Mergers: Several companies are acquiring smaller players to expand their product offerings and gain access to new technologies and customer bases.

Factors for Market Share Analysis:

• Company size and revenue: Larger companies with higher revenues typically have a larger market share.


• Geographic reach: Companies with a wider geographic reach have a larger potential customer base.


• Product features and functionality: Companies with innovative and comprehensive product offerings are more likely to attract customers.


• Customer satisfaction: Companies with high customer satisfaction ratings are more likely to retain customers and acquire new ones.


• Brand awareness: Companies with strong brand awareness are more likely to be considered by potential customers.

New and Emerging Companies:

Several new and emerging companies are entering the reference check software market with innovative solutions and competitive pricing models. These companies are focusing on specific niches, such as small and medium-sized businesses, or on innovative technologies, such as artificial intelligence and machine learning.

Current Company Investment Trends:

Companies in the reference check software market are currently investing in a number of areas, including:

• Artificial intelligence and machine learning: To automate reference checks and improve data analysis.


• Mobile-first solutions: To make reference checks more accessible and convenient for users.


• Integration with other HR technologies: To streamline the recruitment process and improve data flow.


• Compliance and security: To ensure data privacy and security for customers.


• International expansion: To tap into new markets and grow their customer base.

Latest Company Updates:

HiPeople, a Berlin-based HR software firm that aims to automate the reference-checking procedure, has acquired $3 million in early funding for 2021. Mattias Ljungman's Moonfire is leading the round, and Cherry Ventures and Capnamic Ventures are also investing. After a $1.1 million pre-seed in late 2019, it comes now. Notably, there were no in-person meetings for the seed round's entire remote closing. Just like HiPeople's clients' hiring procedures.