# Fama Technologies

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/fama-technologies

- Industry: Software
- Headquarters: Los Angeles, US
- Website: www.fama.io
- Total disclosed funding: $18M
- Latest round: Series B (Feb 22, 2022)
- Investors on record: 14

## About

Fama Technologies, Inc. is a US-based company specializing in online screening solutions that enhance the hiring process for organizations by analyzing candidate suitability and identifying potential risks.Fama Technologies, Inc. offers online screening solutions that utilize data from over 10,000 sources to assist organizations in their hiring processes. Founded in 2015 and headquartered in Los Angeles, US, the company has closed a total of 4 deals. The latest funding round was a Series B round in February 2022, raising USD 10.00 mn led by Silverton Partners with participation from Bullpen Capital, Crosscut Ventures Management, Gaingels, and Navigate Ventures. Current CEO and founder Ben Mones has a history in founding technology companies.Fama offers a comprehensive online screening solution that leverages data from over 10,000 sources to enhance the hiring process for organizations. Their core product enables talent acquisition teams to assess candidate suitability by identifying both professional attributes—such as creativity and problem-solving skills—and potential risks, including misconduct related to violence and harassment. Targeted primarily at HR departments across various industries, Fama's services are utilized by a diverse client base, including organizations in finance, healthcare, technology, media, and academia. The platform is designed to streamline the candidate evaluation process, thus improving the overall quality of hires while ensuring compliance with FCRA, EEOC, and SOC2 regulations. Fama's solutions are available in multiple geographical markets, including North America, Europe, and Asia, providing a global reach for its innovative screening capabilities.Fama generates revenue primarily through a subscription-based model, where clients subscribe to their screening services on a recurring basis. The company's offerings, which include their flagship product designed to screen candidates efficiently, are marketed to businesses looking to enhance their hiring processes. Clients typically engage in direct business-to-business transactions, where they pay for access to Fama's technology and reporting capabilities tailored to their specific needs. While the exact pricing structure for Fama's services is not disclosed, it is implied that various plans are available to accommodate the diverse requirements of their clientele. This model enables organizations to access timely and accurate candidate insights, facilitating a more effective hiring process.In February 2022, Fama Technologies, Inc. raised USD 10.00 mn in Series B funding led by Silverton Partners, with additional participation from Bullpen Capital, Crosscut Ventures Management, and Navigate Ventures, among others. The company plans to use this funding to accelerate its go-to-market team, launch new products, and enhance its technology. Fama aims to expand into additional markets in Europe and Asia by the end of 2023, further broadening its global reach.

## Funding rounds

- Series B, Feb 22, 2022, $10M — Crosscut Ventures Management, Bullpen Capital, Silverton Partners, Gaingels, Navigate Ventures
- Series A, Apr 17, 2018, $5M — Miramar, Crosscut Ventures Management, Bullpen Capital, Wavemaker Partners, Tech Coast Angels, Amplify, Double M Partners
- Seed, Dec 23, 2015, $2.7M — Miramar, Wavemaker Partners, Tech Coast Angels, Zelkova Ventures, Amplify, Social Starts, Double M Partners, Beta Bridge Capital, Rho West

## Investors

- Miramar (https://capitalatlas.ai/funds/miramar) — Seed, Series A
- Wavemaker Partners (https://capitalatlas.ai/funds/wavemaker-partners) — Seed, Series A
- Tech Coast Angels — Seed, Series A
- Zelkova Ventures (https://capitalatlas.ai/funds/zelkova-ventures) — Seed
- Amplify (https://capitalatlas.ai/funds/amplify) — Seed, Series A
- Social Starts (https://capitalatlas.ai/funds/social-starts) — Seed
- Double M Partners — Seed, Series A
- Beta Bridge Capital (https://capitalatlas.ai/funds/beta-bridge-capital) — Seed
- Rho West (https://capitalatlas.ai/funds/rho-west) — Seed
- Crosscut Ventures Management (https://capitalatlas.ai/funds/crosscut-ventures-management) — Series A, Series B
- Bullpen Capital (https://capitalatlas.ai/funds/bullpen-capital) — Series A, Series B
- Silverton Partners (https://capitalatlas.ai/funds/silverton-partners) — Series B
- Gaingels (https://capitalatlas.ai/funds/gaingels) — Series B
- Navigate Ventures (https://capitalatlas.ai/funds/navigate-ventures) — Series B