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Co-Authored-By: Claude Opus 4.5 <noreply@anthropic.com>
2026-01-22 21:01:07 +00:00

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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):

  1. HEDD degree verification (real-time + manual review tracking)
  2. Timeline fraud detection (overlaps, gaps, education-employment sequencing)
  3. Companies House director verification
  4. GMC/NMC healthcare register checks
  5. 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:

  1. ICAEW accountant registration checks
  2. SRA solicitor registration checks
  3. IET engineer registration checks
  4. RIBA architect registration checks
  5. 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:

  1. HMRC payroll verification (partnership model)
  2. DBS check integration (partnership + commission)
  3. Right-to-Work verification API
  4. Audit trail & compliance reporting
  5. 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:

  1. For Recruiters: "Catch 90% of degree fraud in seconds. One-click HEDD verification."
  2. For HR Teams: "Complete CV validation pipeline. Reduce hiring risk by 70%."
  3. 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."

References & Data Sources