Fundraising Fox

Fama

National Harbor, US · Founded 2015 · Delaware corporation · 76 employees on LinkedIn · 8 known investors

Fama uses AI to conduct online screening of individuals for compliance purposes, analyzing public web presence. Its team spans developers, data scientists, and investigators building ethical AI for online screening.

Also known as Fama Technologies · Fama Technologies Inc.

Founders & leadership

SK
Saiful KhandakerNamed on SEC filing

Investors · 8

Reported raises · per SEC filings

Form D private placements
$2MofferedJun 2016 · 2 investors · Other Banking and Financial Services
Rule 506(c)
Officers, directors & promoters on the filing
  • Saiful KhandakerExecutive Officer, Director, Promoter
Offering amount
$2M
Minimum investment
$250K
Proceeds to insiders
$200K
First sale
Jul 2015
Incorporated
Corporation, Georgia, 2015
Federal exemptions
06c, 4a5
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Company profile

researched Aug 2026

Fama (Fama Technologies Inc.) provides AI-powered online and social media screening used in pre-employment and ongoing employee screening. Its platform reviews publicly available online activity to surface workplace-relevant behavioral signals such as harassment, hate speech, discriminatory or sexually explicit content, threats or acts of violence, potentially illegal activity, and fraud. Fama states its out-of-the-box solution detects eight types of misconduct across more than 30 languages and scans over 10,000 public online sources, including Facebook, Instagram and X (Twitter).

The product is positioned as a complement to traditional background checks, which the company says do not capture these signals. Reports exclude protected class information, and the company describes safeguards for candidates: reports are opt-in, candidates receive a copy before it is shared with the employer and can challenge findings within a defined timeframe, and candidates are not scored as "good" or "bad" — factual behavior data is reported and interpretation is left to the employer. Fama says it is designed to meet EEOC, FCRA, GDPR, PIPEDA and SOC 2 standards, and integrates with applicant tracking systems, HRIS platforms and background screening providers.

The company's leadership team includes founder and CEO Ben Mones, CTO Brendten Eickstaedt, CFO L.K. Tan, SVP of Operations Kristin Hazelton, VP of Growth Dan Bonnet, and VP of People Freesia Chen. Fama describes its staff as spanning developers, data scientists, investigators, sales, marketing and operations roles.

Founding story

Founder and CEO Ben Mones began his career in enterprise software startups, including a digital media analytics venture serving publishers and a CRM company for logistics and transportation, and earlier ran a whole-hog BBQ business. He has said the direct inspiration for Fama was hiring someone who appeared strong on paper but harassed a colleague within six months; social media content indicating problematic behavior was discovered only afterward. Mones has also described founding the company after a previous startup ran out of funding, a low point that made him willing to take the risk.

Business model

Fama sells an online screening platform to employers, background screening providers and HR technology partners, with demos and sample reports offered through a sales-led process. Screening reports are delivered directly to enterprise buyers and via integrations with ATS, HRIS and background check systems.

Traction

The company reports more than 45 million reports delivered, over 3,600 customers, and 99.5% data accuracy. Customers referenced include the Miami Dolphins and Academic Search (higher education executive search). A March 2026 report describes total capital raised of over $30M.

Latest developments

In March 2026, Fama Technologies was reported to have secured $10.0M in new funding, bringing total capital raised to more than $30M, with proceeds earmarked for AI development, product expansion and broader market presence. The company continues to publish research, webinars and case studies, including a Harvard Business School case study on social media background screening at Fama Technologies, and is actively hiring.

Full profile — market position, technology, go-to-market, geography, risks & controversies

Market position

Fama describes itself as the largest online screening company and a global leader in AI-powered social media and online screening, citing more than 45 million reports delivered and over 3,600 customers. It positions online screening as filling a gap left by traditional background checks rather than replacing existing HR workflows.

Company leadership frames differentiation not around the use of AI itself but around service quality, compliance and reliability, plus integration into existing HR processes as a "gradient change" rather than a workflow overhaul. Candidate-facing safeguards (opt-in reports, candidate copy and challenge window, no good/bad scoring) and removal of protected class information are presented as core to the approach.

Technology

The platform applies AI to public online content across text, images and video, scanning more than 10,000 public sources to classify workplace-relevant misconduct into eight risk categories and operating in over 30 languages. It filters out protected class information to support consistency and compliance, and the company reports 99.5% data accuracy.

Go-to-market

Sales-led enterprise motion built around demo requests and personalized sample reports, supported by content marketing (blog posts, webinars, case studies and research such as a Harvard Business School case study on social media background screening at Fama Technologies) and distribution through integrations and partnerships with ATS, HRIS, background screening and HR technology providers.

Employers of all sizes, with particular focus on highly regulated sectors such as financial services, healthcare and government, where compliance requirements and revenue per employee raise the stakes of hiring decisions. Fama also serves background screening providers, HR technology partners, staffing and executive search firms (including higher education executive search), and investors evaluating leadership talent.

Geography

Headquarters reported as Los Angeles, United States; the company markets to employers globally and supports screening in more than 30 languages, with compliance frameworks spanning US (EEOC, FCRA), EU (GDPR) and Canadian (PIPEDA) standards.

Risks & controversies

Fama's product operates in an area with significant employment-law and privacy exposure, requiring adherence to FCRA, EEOC, GDPR, PIPEDA and SOC 2 requirements and the handling of adverse action processes. The company has noted that early market research advised against emphasizing AI because of buyer wariness, and it has built candidate safeguards to address fairness concerns around negative screening findings.

Compiled by commissioned research from 8 cited public sources — announcements, filings, and press listed under research sources below.

Key figures

latest reported
CustomersJan 20263,600 organizations
Data accuracyJan 202699.5%
EmployeesMar 202630 people
Languages supportedJan 202630 languages
Misconduct categories detectedJan 20268 categories
Public online sources scannedJan 202610,000 sources
Reports deliveredJan 202645,000,000 reports
Total capital raisedMar 2026$30M

Company-reported or press-reported figures, each dated to when it was claimed — not independently audited.

Competitors · 9

by search overlap
Checkr349 shared keywordsCheckr provides background verification and fraud detection services for hiring, loan approvals, insurance, and tenant screening decisions. The platform uses AI to process and analyze fragmented data to deliver verification insights across multiple industries.
Accurate328 shared keywordsAccurate provides employment background screening and candidate check services for employers, offering a mobile-first platform, ATS integrations, and a background check API that support compliance with global data and privacy regulations. It serves large employers across industries such as healthcare, financial services, retail, transportation, energy, insurance, staffing, and technology worldwide.
First Advantage303 shared keywordsFirst Advantage provides background screening and identity verification solutions to help companies hire and manage employees while mitigating risk. Its offerings include background checks, continuous monitoring, and identity fraud prevention across the employment lifecycle for employers.
Veremark292 shared keywordsVeremark provides pre-hire background check and employee screening services that help companies verify candidates' qualifications, experience, and background. Its platform integrates with existing HR and hiring tech and supports GDPR and PDPA compliance for employers across industries and global markets.
Ferretly267 shared keywordsFerretly uses machine learning and multi-agent AI to analyze candidates' and creators' online behavior and social media, cross-referencing images, names, usernames, and locations against an OSINT profile database to surface risk signals such as bias, threats, and inappropriate visual content. It serves employers and screening clients as a social media background-screening tool that supplements traditional background checks.
ADP251 shared keywordsADP provides cloud-based human capital management solutions that integrate payroll, HR, talent management, time and attendance, tax, and benefits administration for businesses globally. The company serves as a comprehensive provider of HCM software and business outsourcing services with analytics and compliance expertise.
homebase247 shared keywordsHomebase is a management platform for small businesses that includes team messaging, scheduling, shift tracking, onboarding, and payroll features. It serves restaurants, retail, and other hourly-wage businesses with tools for employee communication, scheduling, and performance tracking.
Phyllo235 shared keywordsPhyllo provides normalized APIs across 25+ social platforms, offering both public (no-OAuth) and authenticated (OAuth-based) access to creator profile, post, engagement, audience, and income data on a single schema. It serves companies building social-data products such as influencer marketing platforms, social listening tools, background verification services, creator fintech, and AI agents.
Hireright225 shared keywordsHireRight provides a unified global background screening platform for employment, offering verification, drug testing, motor vehicle records, and compliance workflows for high-volume hiring. It serves organizations of all sizes across multiple regions and integrates with 70+ applicant tracking systems.

Companies competing with Fama for the same Google search keywords, organic and paid, via search-intersection analysis.

Timeline · 2

launches, deals, and filings
Mar 2026
Fama Technologies raises $10M in new funding

Fama Technologies Inc. was reported to have secured $10.0M in new funding, bringing total capital raised to over $30M, to be deployed toward AI development, product expansion and market growth.

$10M source ↗

Jan 2026
Harvard Business School case study on social media background screening at Fama Technologies

A Harvard Business School case study covering social media background screening at Fama Technologies is featured in the company's research materials.

source ↗

Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.

Legal entities · 1

corporate structure
FamaDelaware

In the news

Research sources · 8

primary sources listed

8 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does Fama do?
Fama is an AI-based online and social media screening platform that flags workplace-relevant misconduct signals for employers.
Who are Fama's investors?
Fama's investors include Bonfire Ventures, Bullpen Capital, Conductor Capital, Crosscut Ventures, K5 Ventures, Silverton Partners, Social Starts, Amplify.LA.
Where is Fama headquartered?
Fama is headquartered in National Harbor, US.