KARMACHECK RAISES $15M SERIES A FUNDING

KarmaCheck Raises $15M In Series A Funding.

• KarmaCheck is a San Francisco, CA-based provider of data-driven background checks that has raised $15M in Series A financing.
• Velvet Sea Ventures led the round, with participation from Parameter Ventures, One Way Ventures, NextView Ventures and Dash Fund.
• The company is planning to use the funds to increase its operations and expand its reach in the business.
• The company offers a compliant technology platform that utilizes exclusive processing and access to data to facilitate background checks for employment requirements.
• Employers can benefit from real-time relevant notifications, which can help facilitate hiring and hiring.
• The company is already working with hundreds of the largest companies across North America, including McDonald’s, Domino’s, Recruiter.com, etc.

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