KarmaCheck raised $45 million in a Series B funding round led by Parameter Ventures, with participation from PruVen Capital, Velvet Sea Ventures, GC1 Ventures, and NextView Ventures to modernize background checks and credentialing.
KarmaCheck raised $45 million in a Series B funding round led by Parameter Ventures, with participation from PruVen Capital, Velvet Sea Ventures, GC1 Ventures, and NextView Ventures to modernize background checks and credentialing.
06/27/24, 12:14 PM
Location
san franciscoMoney raised
$45 million
Round Type
series b
Investors
Next View Ventures, Gc1 Ventures, Velvet Sea Ventures, Pru Ven Capital, Parameter Ventures
KarmaCheck, a technology-based solution for background checks, credentialing, and compliance, has raised $45 million in a Series B funding round. The company will leverage the funding to accelerate development of its proprietary technology platform, scale its exceptional service levels to more customers and candidates, and expand into new industry verticals.
Company Info
Location
san francisco, california, united states
Additional Info
Powered by AI technology to judge speed and accuracy, KarmaCheck provides employers real-time, actionable insights, completely reimagining and disrupting the background check industry. “KarmaCheck is the epitome of an industry disruptor and we’ve already seen their ability to outpace their competitors three to five times over,” said Mike Lazerow, managing partner and co-founder of Velvet Sea Ventures.