KarmaCheck Raises $15M In Series A Funding

karmacheck

$15M Series A funding was raised by KarmaCheck, a San Francisco-based provider of data-driven technology for a background check,

Velvet Sea Ventures was the leader of the round. Parameter Ventures (One Way Ventures), NextView Ventures and Dash Fund participated.

The funds will be used by the company to expand its operations and business reach.

KarmaCheck, founded by Eric Ly is a compliant technology platform that uses proprietary data to access and process data to simplify background checks for employment. Employers have access to real-time and actionable notifications in order to make 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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