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Fama - About the company

Fama is a series B company based in Los Angeles (United States), founded in 2015 by Alec Andronikov, Collin Scangarella and Ben Mones. It operates as a Social Media Background and Digital Footprint check. Fama has raised $14.2M in funding from investors like Double M Partners, Silverton Partners and Amplify. The company has 346 active competitors, including 41 funded and 32 that have exited. Its top competitors include companies like Checkr, Truework and Certn.

Company Details

Fama is a cloud-based, SaaS platform that offers employers actionable insight into a candidate's social media background and digital footprint. A combination of artificial intelligence, machine learning, and human-based quality assurance automatically highlights references to bigotry, illegal drugs, discriminatory behavior, or any 'custom risk' that negatively impacts the enterprise. FirstAdvantage, a global background screening firm announced a partnership with Fama in September 2016.
Website
fama.io
Social
XFacebook
Email ID
*****@fama.io
Phone Number
+1 **********
Registered Address
Jelgavas nov., Līvbērzes pag., "Kuzma Brakšķi"
Key Metrics
Founded Year
2015
Location
Los Angeles, United States
Stage
Series B
Total Funding
$14.2M in 3 rounds
Latest Funding Round
Ranked
Employee Count
37 as on Jul 01, 2024
Investment & Acquisitions
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Fama's funding and investors

Fama has raised a total funding of $14.2M over 3 rounds. Its first funding round was on Dec 31, 2015. Its latest funding round was a Series B round on Feb 22, 2022 for $*****. 5 investors participated in its latest round. Fama has 15 institutional investors.

Here is the list of recent funding rounds of Fama:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Feb 22, 2022
4573034
Series B
7160311
2816658
2388752
2965707
May 02, 2017
4135173
Series A
5286821
3167204
6239242
4948796
Dec 31, 2015
8408022
Seed
9251277
4801254
9549915
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Fama's founders and board of directors

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The founders of Fama are Alec Andronikov, Collin Scangarella and Ben Mones. Ben Mones is the CEO of Fama.
Here are the details of Fama's key team members:

Fama's employee count trend

Fama has 37 employees as of Jul 24. Here is Fama's employee count trend over the years:
Employee count trend for Fama
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Fama's Competitors and alternates

Top competitors of Fama include Checkr, Truework and Certn. Here is the list of Top 10 competitors of Fama, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Checkr
Checkr
2014, San Francisco (United States), Series E
AI based platform for employee background verification
$680M
75/100
2nd
Logo for Truework
Truework
2017, San Francisco (United States), Acquired
Candidate background verification solution
$119M
70/100
3rd
Logo for Certn
Certn
2016, Victoria (Canada), Series B
Provider of background screening and identity verification solutions for businesses
$125M
66/100
4th
Logo for Fama
Fama
2015, Los Angeles (United States), Series B
Social Media Background and Digital Footprint check
$14.2M
66/100
5th
Logo for Intelligo Group
Intelligo Group
2014, New York City (United States), Acquired
Cloud-based customer identity and background verification solutions
$44M
65/100
6th
Logo for KarmaCheck
KarmaCheck
2019, San Francisco (United States), Series B
Cloud-based applicant tracking system for employee backround checks
$60M
64/100
7th
Logo for AuthBridge
AuthBridge
2005, Gurugram (India), Series B
Provider of identity verification, employee screening, and due diligence platform
$11.2M
64/100
8th
Logo for TraqCheck
TraqCheck
2020, Delhi (India), Seed
Provider of AI-driven background check services with human quality control
$1.32M
62/100
9th
Logo for Truv
Truv
2020, Miami (United States), Series A
Cloud-based platform for employee background verification
$28.5M
62/100
10th
Logo for Veremark
Veremark
2018, London (United Kingdom), Series B
Reference checking and CV validation solutions provider
$40.4M
59/100
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Fama's Investments and acquisitions

Fama has acquired Social Intel. Fama has not made any investments as of now.

News related to Fama

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Media has covered Fama for a total of 4 events in the last 1 year, 3 of them have been about company updates and 1 about partnerships.
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FAQs about Fama

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