San Francisco-based background check company KarmaCheck has successfully raised $45 million in its Series B funding round. This new injection of capital is intended to help the company grow its service offerings and broaden its reach into new industry verticals. This latest funding round follows a previous Series A round in April 2022, where KarmaCheck secured $15 million. The fresh funds will likely be pivotal for KarmaCheck to strengthen its market position and scale its operations to meet increasing demand.

Background Checks, Technology, Venture Capital,United States