KarmaCheck raises $45M Series B to modernize background checks

View profile for Stefan Xhunga

CEO | Kriselaengineering | Sales Certified - Software as a Service Solutions

🌐🎯 💡🚀 **Title: KarmaCheck's $45 Million Series B Funding: Revolutionizing Background Checks and Credentialing** 💡KarmaCheck, a technology-driven solution for background checks, credentialing, and compliance, has recently secured $45 million in a Series B funding round, marking a significant milestone in its journey to modernize the industry. Led by Parameter Ventures and joined by PruVen Capital, Velvet Sea Ventures, GC1 Ventures, and NextView Ventures, the oversubscribed financing round underscores the growing recognition and adoption of disruptive innovations in the background check sector. With a focus on leveraging cutting-edge technology, exceptional service, and AI-driven processes, KarmaCheck is poised to redefine the landscape of background checks, enhancing efficiency, accuracy, and candidate experience across various industries. 💡**Eric Ly's Vision: Empowering Talent and Opportunity** 💡**Driving Success Through Innovation and Customer Experience** KarmaCheck's success is underscored by its impressive growth metrics, including a revenue increase of over 600%, a substantial expansion of its customer experience team, and the delivery of millions of screenings. By prioritizing technology innovation, expert-led customer service, and an AI-forward approach, KarmaCheck has differentiated itself in the industry, offering fast and accurate results while ensuring a seamless and transparent candidate experience. 💡**Customer Testimonials and Industry Recognition** The impact of KarmaCheck's transformative solutions is evident in testimonials from industry leaders like Pete Hietpas, CEO of PRN Healthcare, who lauds the platform for its accuracy, speed, cost-effectiveness, and candidate experience. The company's success in highly credentialed industries like healthcare, where speed-to-hire is a competitive advantage, highlights the demand for streamlined, transparent, and efficient background check processes. KarmaCheck's commitment to customer success, product innovation, and operational excellence has garnered recognition from investors like Parameter Ventures, affirming its position as a leader in modernizing professional background checks. 💡**Looking Ahead: Driving Innovation and Excellence in Background Checks** As KarmaCheck continues to disrupt the background check and credentialing industry, its focus on harnessing technology, enhancing user experience, and ensuring compliance with regulatory standards sets a new standard for modern workforce solutions. By delivering accurate background checks faster, streamlining processes, and prioritizing customer success, KarmaCheck is poised to shape the future of background checks, enabling greater speed, simplicity, and transparency in the hiring process. #KarmaCheck #SeriesBFunding #BackgroundChecks #Credentialing #Innovation #Compliance #UserExperience #Efficiency #Transparency #TechDisruption.

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Stefan Xhunga

CEO | Kriselaengineering | Sales Certified - Software as a Service Solutions

8mo

Daniel G ✅ Thank you for your liking of my post and collaboration 🙏 🤝🌐🌎🌏🌍🌐🎁💫👏💥💯🎯💡🚀👍

Stefan Xhunga

CEO | Kriselaengineering | Sales Certified - Software as a Service Solutions

8mo

Carla Aparecida de Carvalho Bioni ✅ Thank you for your liking of my post and collaboration 🙏🤝🌐🌎🌏🌍🌐🎁💫👏💥💯🎯💡🚀👍

Stefan Xhunga

CEO | Kriselaengineering | Sales Certified - Software as a Service Solutions

8mo

Shankar Ramaswami ✅ Thank you for your liking of my post and collaboration 🙏 🤝🌐🌎🌏🌍🌐🎁💫👏💥💯🎯💡🚀👍

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Stefan Xhunga

CEO | Kriselaengineering | Sales Certified - Software as a Service Solutions

8mo

Eraldo Salla ✅Thank you for your liking of my post and collaboration 🙏🤝🌐🌎🌏🌍🌐✨🎁💫👏💥💯🚀🎯💡👍

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Stefan Xhunga

CEO | Kriselaengineering | Sales Certified - Software as a Service Solutions

8mo

🎯 💡🚀 ✅**Conclusion: Redefining Background Checks for the Digital Age** KarmaCheck's recent Series B funding not only validates its innovative approach to background checks but also propels the company into a new era of growth, excellence, and industry disruption. With a commitment to technology-driven solutions, exceptional customer support, and a focus on user satisfaction, KarmaCheck is redefining the landscape of background checks and credentialing, setting a new standard for efficiency, transparency, and trust in the modern workforce. #KarmaCheck #SeriesBFunding #BackgroundChecks #Credentialing #Innovation #Compliance #UserExperience #Efficiency #Transparency #TechDisruption

Stefan Xhunga

CEO | Kriselaengineering | Sales Certified - Software as a Service Solutions

8mo

Yashar Abbasnejad ✅ Thank you for your liking of my post and collaboration 🙏🤝🌐🌎🌍🌏🌐✨🌟💫🎆🎁💯💥👏🎯💡🚀👍

Stefan Xhunga

CEO | Kriselaengineering | Sales Certified - Software as a Service Solutions

8mo

🎯💡🚀✅Founded by Eric Ly, one of the co-founders of LinkedIn, KarmaCheck embodies a vision of removing barriers that hinder talent and professional growth. With a commitment to innovation and customer-centric service, Eric Ly established KarmaCheck in 2019 to revolutionize the background check and credentialing process, streamlining operations, and enhancing user experience for both candidates and hiring managers. The recent Series B funding will accelerate the development of KarmaCheck's proprietary technology platform, enabling the company to expand its service offerings, scale its operations, and enter new industry verticals.

Stefan Xhunga

CEO | Kriselaengineering | Sales Certified - Software as a Service Solutions

8mo

🎯 💡 🚀 ✅The platform's intuitive dashboards, API integrations, mobile-friendly interface, and streamlined screening processes have set a new standard for efficiency and user satisfaction.

Stefan Xhunga

CEO | Kriselaengineering | Sales Certified - Software as a Service Solutions

8mo

Willya Marcolinoo ✅ Thank you for your liking of my post and collaboration 🙏🤝🌐🌎🌏🌍🌐💫👏💥💯🎯💡🚀👍

Stefan Xhunga

CEO | Kriselaengineering | Sales Certified - Software as a Service Solutions

8mo

HIDEAKI SAITO ✅ Thank you for your liking of my post and collaboration 🙏🤝🌐🌎🌏🌍🌐🎁💫👏💥💯🎯💡🚀👍

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