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RealCV UK Market Strategy & Product Roadmap
Document Date: January 2026 Focus: UK CV verification market positioning Horizon: 12-month growth plan
Market Opportunity
Problem Statement
UK CV fraud costs employers £4.2B+ annually and is accelerating:
- 1 in 5 candidates claim false university degrees (Cifas, 2025)
- 40% of CV embellishments relate to qualifications
- 24% of screened CVs fail verification (Reed Screening, 2025)
- AI-generated fraud emerging: Deepfakes, synthetic identities, proxy interviews now feasible
- Regulatory risk: Companies failing due diligence face legal liability in regulated sectors
Traditional Pre-Employment Screening is Broken:
- Manual background checks take 5-10 days
- Education verification requires contacting universities individually (10 days+)
- Professional registration checks vary by profession with no central access
- No integrated view across employment, education, and professional credentials
Market Size & Addressable Opportunity
TAM (Total Addressable Market)
UK Recruitment Market Segment:
- 190,000 recruitment companies in UK (2024)
- ~3,500+ recruiting via dedicated screening tools
- Estimated £2.8B spent on background screening annually
SAM (Serviceable Addressable Market)
RealCV Target Segment:
- Mid-market recruitment agencies (50-500 staff): ~800 companies
- Corporate HR departments (100+ employees): ~15,000 companies
- Specialist vertical recruiters (healthcare, finance, legal): ~2,500 companies
- Total TAM: ~18,300 potential customers
Estimated SAM value at £180/customer/year: ~£3.3M annually
SOM (Serviceable Obtainable Market) - Year 1
- Target: 50-100 customers at £50-200/month (various tiers)
- Projected revenue: £30-240K in Year 1
- Growth trajectory: Doubling annually if market adoption strong
Competitive Landscape
Current Competitors
| Competitor | Coverage | Strength | Weakness |
|---|---|---|---|
| Workable | ATS + basic screening | Broad platform | No CV verification focus |
| Deel | Global hiring + screening | Compliance authority | Not UK-focused; expensive |
| Checkr | Background checks + DBS | Scale and integrations | No CV-specific verification |
| Verifile | Pre-employment screening | Established relationships | Traditional manual process |
| Veriff | Identity verification | Strong deepfake tech | Not employment-focused |
RealCV Differentiation
| Feature | RealCV | Workable | Deel | Checkr | Verifile |
|---|---|---|---|---|---|
| Degree Verification (HEDD) | ✅ Q1 2026 | ❌ | ❌ | ❌ | ❌ |
| Healthcare Register Checks | ✅ Q1 2026 | ❌ | ❌ | ❌ | ❌ |
| Timeline Fraud Detection | ✅ Q1 2026 | ❌ | ❌ | ❌ | ❌ |
| Director Verification | ✅ Q1 2026 | ❌ | ❌ | ❌ | ❌ |
| Companies House API | ✅ | ❌ | ❌ | ❌ | ❌ |
| Professional Bodies | ✅ Q2 2026 | ❌ | ❌ | Partial | Partial |
| DBS Integration | ✅ Q3 2026 | ❌ | ✅ | ✅ | ✅ |
Key Advantage: First-to-market with CV-specific, UK-integrated verification stack
Product Strategy
Phase 1 (Q1 2026): MVP Launch - "The Verified CV"
Positioning: "Every UK degree verified. Every timeline verified. Every claim validated."
Core Features (8 weeks):
- HEDD degree verification (real-time + manual review tracking)
- Timeline fraud detection (overlaps, gaps, education-employment sequencing)
- Companies House director verification
- GMC/NMC healthcare register checks
- Enhanced CV parsing (education/employment entity linking)
Target Customer: Medium recruitment agencies (50-200 hiring/year)
Pricing Model:
- Freemium: 3 free CV checks/month (companies house + timeline)
- Professional: £49/month - Unlimited checks + HEDD verification
- Enterprise: £199/month - Pro features + API access + custom integrations
Launch Strategy:
- Partner with 3-5 recruitment agencies for beta testing (Week 2-4)
- Launch public beta (Week 5)
- GA release (Week 8)
- Press/analyst outreach highlighting fraud prevention angle
Success Metrics:
- 500+ signups in first 4 weeks
- 10%+ weekly active check rate
- 85%+ feature satisfaction (NPS >40)
Phase 2 (Q2 2026): Professional Bodies Expansion
Positioning: "Verify degrees. Verify certifications. Verify everything."
New Features:
- ICAEW accountant registration checks
- SRA solicitor registration checks
- IET engineer registration checks
- RIBA architect registration checks
- GOV.UK regulated profession enrichment (API layer)
Target Market Expansion:
- Financial services recruiting
- Legal recruiting
- Engineering recruiting
- Niche vertical specialists
Business Impact:
- +40% monthly active users
- +3x engagement (more verifications per customer)
- +2x ARPU (professional tier premium)
Pricing: Professional tier → £79/month; Enterprise → £249/month
Phase 3 (Q3 2026): Compliance & Regulatory
Positioning: "Full employment verification. Complete compliance confidence."
New Features:
- HMRC payroll verification (partnership model)
- DBS check integration (partnership + commission)
- Right-to-Work verification API
- Audit trail & compliance reporting
- Batch processing API
Target Markets:
- Large corporate HR departments
- Pre-employment screening agencies
- Temp/staffing agencies (compliance-heavy)
Business Model Evolution:
- Per-check commission on DBS (£5-15 per check)
- HMRC verification licensing (custom pricing)
- API/platform access (£500-2,000/month)
Go-To-Market Strategy
Sales Channels
Channel 1: Direct Sales (Lead)
- Target recruitment agency owners (LinkedIn outreach)
- HR directors at 100+ employee companies
- Sales pitch: "Reduce hiring risk. Verify every claim. In minutes."
- Expected conversion: 5-8% from qualified leads
- Sales cycle: 2-4 weeks
Channel 2: Partnerships
- Integrate with ATS platforms (Workable, Bullhorn, Lever)
- White-label for existing background check providers
- API marketplace (Zapier, Make, etc.)
- Expected impact: +30% user acquisition annually
Channel 3: Content & SEO
- Blog: "UK CV Fraud Patterns" (targeting "CV verification UK" search)
- Case studies: "How we caught 18 fake degrees in Q1"
- Thought leadership: Webinars on fraud detection for HR
- Expected impact: +20% organic users
Channel 4: Vertical Specialists
- Healthcare recruiter outreach (GMC/NMC checks as entry)
- Financial services (ICAEW verification)
- Legal recruiting (SRA verification)
- Expected impact: +25% high-value customers
Marketing Messaging
Tagline: "Hire with Confidence. Verify with RealCV."
Core Messages:
- For Recruiters: "Catch 90% of degree fraud in seconds. One-click HEDD verification."
- For HR Teams: "Complete CV validation pipeline. Reduce hiring risk by 70%."
- For Compliance: "Full audit trail. DBS integration. Regulatory confidence."
Proof Points:
- "Trusted by 5+ UK recruitment agencies in first 30 days"
- "1 in 5 candidates have false degrees — we find them"
- "Average savings: £8,000 per bad hire prevented"
Pricing Strategy
Tier Analysis
| Tier | Users | Monthly | Annual | Features |
|---|---|---|---|---|
| Free | Solo recruiters | £0 | £0 | 3 CV checks, Companies House |
| Professional | Small agencies | £49 | £490 | Unlimited checks, HEDD, Timeline |
| Enterprise | Large orgs | £199 | £1,990 | API access, custom integrations, DBS |
| API/Platform | Integration partners | £500-2K | £6-24K | Batch processing, white-label |
Unit Economics (Target - Year 2)
- Customer Acquisition Cost (CAC): £150-300 (organic/partner-led)
- Average Revenue Per User (ARPU): £60-120/month (mix of tiers)
- Payback Period: 2-4 months
- Gross Margin: 75-80% (SaaS model)
- LTV:CAC Ratio: 4:1+ (healthy SaaS)
Organizational Requirements
Team Structure (12-month horizon)
Now (Q1):
- 2 Backend Engineers (full-time on Phase 1)
- 1 QA Engineer
- 1 Product Manager
- 1 Marketing/Growth Lead
Q2 Addition:
- +1 Full-stack Engineer (vertical expansion)
- +1 Sales/BD Lead (partnership development)
Q3 Addition:
- +1 Customer Success Manager (onboarding)
- +1 Part-time Data Analyst (metrics/LTV)
Key Risks & Mitigations
| Risk | Probability | Impact | Mitigation |
|---|---|---|---|
| HEDD API access delayed | Medium | High | Use web portal integration; request API access in parallel |
| NHS/GMC scraping blocked | Low | Medium | Request official API access proactively; provide value-add |
| Regulatory gatekeeping | Medium | Medium | Build partnerships early; engage with regulators directly |
| DBS/HMRC integration delays | Medium | Medium | Partner with established vendors (Verifile, DDC) handling compliance |
| Market adoption slower than expected | Medium | Medium | Focus on high-value verticals first (healthcare, finance); expand TAM gradually |
| Competitor response | Medium | Medium | Maintain first-mover advantage; deepen integrations; expand internationally (Ireland, Australia next) |
Success Metrics (12-Month Goals)
Business Metrics
- Revenue: £250K+ annualized (Mix of Professional/Enterprise)
- Customers: 50-75 paying customers
- Monthly Recurring Revenue (MRR): £20K+
- CAC Payback: <4 months
- NPS: >50 (positive)
Product Metrics
- HEDD Verification Accuracy: >98% match rate
- Timeline Detection Rate: 85%+ of actual gaps/overlaps caught
- Directorship Verification: 95%+ accuracy (vs. Companies House records)
- Feature Adoption: 80%+ of Professional tier customers using HEDD
- API Uptime: 99.9%
Market Metrics
- Brand Awareness: 15%+ of recruitment agencies aware of RealCV
- Market Share: 0.5-1% of addressable recruitment screening market
- Vertical Penetration: 3%+ of healthcare recruiters, 2%+ financial recruiters
Financial Projections
Conservative Scenario (50 customers by end-of-year)
Revenue Breakdown:
- 30 × Professional tier at £49/mo: £1,470/mo
- 15 × Enterprise tier at £199/mo: £2,985/mo
- 5 × API/Platform at £1,000/mo: £5,000/mo
- Total MRR (Dec 2026): £9,455
- Annualized: £113,460
Costs:
- Engineering (2 FTE): £150K/year
- Infrastructure/APIs: £20K/year
- Sales/Marketing: £30K/year
- Operations: £20K/year
- Total Cost: £220K/year
Result: Break-even at ~24 customers; profitable at 50+ customers
Growth Scenario (100 customers by end-of-year)
- MRR (Dec 2026): £18,910
- Annualized Revenue: £226,920
- Gross Margin: 75% = £170K+ operational profit
Next 30 Days Action Plan
Week 1-2: Preparation
- Contact HEDD for API access / partner discussions
- Reach out to GMC/NMC about verification APIs
- Identify 5 recruitment agency beta partners
- Finalize HEDD compliance & consent workflows
Week 2-4: Development
- Complete HEDD integration (see Phase 1 technical doc)
- GMC/NMC scraper development
- Enhanced timeline analysis
- Companies House director verification
Week 3-4: Beta & Validation
- Beta launch with 3-5 agencies
- Collect feedback on UX/value
- Measure fraud detection accuracy
- Iterate on flag messaging/severity
Week 4+: Go-to-Market
- Public launch announcement
- Initial outreach to 20-30 qualified prospects
- Content marketing (first blog post live)
- Track signup rate & activation
Long-Term Vision (2-3 Years)
Expansion Opportunities Beyond UK:
Ireland (Natural Extension)
- Similar legal framework to UK
- HEDD equivalent exists (HEA)
- Revenue opportunity: +£50-100K annually
Australia/New Zealand
- English-speaking markets
- Similar professional regulation frameworks
- Revenue opportunity: +£150-300K annually
EU Markets (Longer-term)
- Different regulatory landscape (more complex)
- ENIC-NARIC degree verification network
- Professional body registration varies by country
Vertical Integrations
- HR software integrations (Workday, SAP SuccessFactors)
- Talent acquisition platforms (multi-tool suites)
- Compliance software (audit logging, reporting)
Conclusion
RealCV addresses a massive UK market problem (£4.2B+ annual cost from CV fraud) with a focused, integrated solution. By launching with HEDD degree verification + timeline fraud detection in Q1 2026, we capture first-mover advantage in a gap no competitor fills.
The opportunity: Become the UK's trusted CV verification layer for recruitment, reducing fraud while accelerating hiring processes.
The path: Start with core features, expand vertically into professional bodies, then horizontally into compliance/regulatory, then internationally.
The outcome: Build a defensible, recurring revenue business with 10-15% of the UK recruitment market within 3 years.
Appendix: Customer Personas
Persona 1: Agency Owner (Mid-Market)
- Name: Sarah, 48, runs recruitment agency (80 staff)
- Problem: Wasting 2-3 hours per hire verifying degrees manually
- Budget: £3K-8K/year on screening tools
- Decision-making: Speed & cost focus; wants manual verification eliminated
- Buying signal: "Can you reduce our verification time from 5 days to 5 minutes?"
Persona 2: Corporate HR Manager
- Name: James, 35, Head of HR at financial services firm (200 employees)
- Problem: Regulatory liability; reputational risk from bad hires
- Budget: £20K-50K/year on compliance & screening
- Decision-making: Compliance & audit trail critical; automation secondary
- Buying signal: "We need proof every hire has verified credentials for audits."
Persona 3: Specialist Vertical Recruiter
- Name: Dr. Lisa, 42, healthcare recruitment founder (20 staff)
- Problem: Need to verify GMC/NMC registration quickly; manual checks break hiring velocity
- Budget: £2K-5K/year (cost-sensitive)
- Decision-making: Speed & accuracy for regulated professions
- Buying signal: "If you verify healthcare pros instantly, we're in."