New Funds for Staff Social Media Screening Firm Fama

In the US, staff social media screening company Fama has raised $10m in a Series B round of funding, which it will use to scale its go-to-market team, launch new products, expand the partnerships team, and drive more awareness about its solutions.

Los Angeles, CA-headquartered Fama applies artificial intelligence to background screening services, to help HR and talent execs identify unsuitable candidate behavior that can be missed in the hiring process. Its machine learning technology flags instances of misogyny, bigotry, racism, violence, and criminal behavior in publicly available online content.

The new investment was led by Silverton Partners, with participation from Bullpen Capital, Crosscut, Navigate VC, Gaingels, and a number of private investors. Ben Mones (pictured), CEO and founder of Fama, comments: 'The definition of a 'background check' has evolved over the past five years, with businesses finding that changes in the market - namely the enhanced focus on brand and reputation, and the importance of developing a welcoming workplace culture - mean that their screening products need to cover new types of risk. It's one of the main reasons that social media screening is the number one area of new, planned product expansion for screening professionals the world over.'

Web site: www.fama.io .

All articles 2006-23 written and edited by Mel Crowther and/or Nick Thomas, 2024- by Nick Thomas, unless otherwise stated.