{"id":95603,"date":"2026-08-28T06:11:56","date_gmt":"2026-08-28T10:11:56","guid":{"rendered":"https:\/\/hedgeco.net\/news\/08\/2026\/yardstik-raised-a-30-million-series-b-led-by-harbert-growth-partners.html"},"modified":"2026-08-28T06:11:56","modified_gmt":"2026-08-28T10:11:56","slug":"yardstik-raised-a-30-million-series-b-led-by-harbert-growth-partners","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/08\/2026\/yardstik-raised-a-30-million-series-b-led-by-harbert-growth-partners.html","title":{"rendered":"Yardstik Raised a $30 Million Series B Led by Harbert Growth Partners:"},"content":{"rendered":"<p><img decoding=\"async\" src=\"https:\/\/hedgeco.net\/news\/wp-content\/uploads\/2026\/08\/2026-08-28-yardstik-hero.jpg\" alt=\"Yardstik Raised a $30 Million Series B Led by Harbert Growth Partners:\" \/><\/p>\n<p>HedgeCo.Net \u2014 Yardstik said Thursday it had raised $30 million in Series B funding led by Harbert Growth Partners, taking total capital raised to $65 million. The PR Newswire release is the primary. Pivot News independently reported the same $30 million Series B, the same $65 million cumulative, and the same Harbert lead, citing coverage that tracked the announcement.<\/p>\n<p>Existing investors Rally Ventures, MissionOG, Crosslink Capital, Grotech Ventures, and Great North Ventures all participated. Minneapolis-based Yardstik sells what it calls a Human Trust Platform that combines background screening, identity verification, fraud detection, and continuous post-hire monitoring. Proceeds will fund motor vehicle reports, OIG exclusion monitoring, and automated alerts when licenses, insurance, or certifications lapse, the company said.<\/p>\n<p>CEO Andrew Johnson said the capital accelerates moving workforce protection beyond a single hire-day check. Harbert Growth Partners general partner Brian Carney cited a 98% account retention rate over the past three years. The company also pointed to 149% year-over-year revenue growth and a 99.4% customer satisfaction rating. Those are company metrics, not audited fund returns.<\/p>\n<p>The allocator object is a Series B growth check into post-hire workforce risk software, not a private credit vehicle. Anyone marking the $65 million figure as the new round size alone has conflated cumulative capital with the fresh $30 million. It is a closed round, not a target.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>HedgeCo.Net \u2014 Yardstik said Thursday it had raised $30 million in Series B funding led by Harbert Growth Partners, taking total capital raised to $65 million. The PR Newswire relea\u2026 <a class=\"continue_reading_link btn btn-mini\" href=\"https:\/\/hedgeco.net\/news\/08\/2026\/yardstik-raised-a-30-million-series-b-led-by-harbert-growth-partners.html\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":8,"featured_media":95602,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[16286],"tags":[19213,19192,19214,19212],"class_list":["post-95603","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-venture-capital","tag-harbert-growth-partners","tag-series-b","tag-workforce-screening","tag-yardstik"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/95603","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=95603"}],"version-history":[{"count":0,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/95603\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media\/95602"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=95603"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=95603"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=95603"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}