Fama Raises a $10m Series B to Reinvent Talent Screening

Funding Rounds

Summary

Businesses are finding that changes in the market - namely the enhanced focus on brand and reputation, the importance of developing a welcoming workplace culture - mean that their screening products need to cover new types of risk,” said Ben Mones, CEO and Founder of Fama. The company also plans to deepen its relationships with its existing resale network, generating additional revenue streams for background screening firms, applicant tracking systems, and other HCM software providers. HR professionals need new tools to keep pace with the evolving expectations of their customers and employees, and Fama is uniquely poised to deliver the next generation of talent screening solutions,” said Roger Chen, Partner at Silverton. Enterprise HR and Talent leaders trust Fama to help identify candidate behaviors such as intolerance and harassment that are often missed in the hiring process. Founded in 2006, Silverton Partners is based in Austin and has been the initial investor behind Apprentice, Wheel, WP Engine, SpareFoot, SailPoint, Silicon Labs, The Zebra, AlertMedia, SpyCloud, Convey, Aceable, Self Financial, and Billie among many others.

$ Funding

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Amount $10.0M Total raised
Date February 22, 2022 Announcement date
Investors Silverton Partners Lead investors
Company http://www.fama.io Funded company

Classifications

industries
Entertainment
applications
Business Intelligence

AskAI Classifications

Labels
Human Resources Software Background Screening Software SaaS

Linked Companies

Fama Technologies
$1M to $5M