KarmaCheck: Raises $15M In Series A Funding

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Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

KarmaCheck Raises $15M In Series A Funding

  • KarmaCheck, a San Francisco, CA-based provider of data-driven technology for background checks, raised $15M in Series A funding
  • The round was led by Velvet Sea Ventures, with participation from Parameter Ventures, One Way Ventures, NextView Ventures and Dash Fund
  • The company intends to use the funds to expand operations and its business reach
  • The company provides a compliant tech platform which uses proprietary data access and processing to ease background check for employment needs
  • Employers can benefit from real-time, actionable notifications, to facilitate hiring decisions
  • The company already works with hundreds of the biggest companies in North America, including McDonald’s, Domino’s, Recruiter.com, and more
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