Fundraising Fox

KarmaCheck

San Francisco, US · Founded 2019 · Delaware corporation · 65 employees on LinkedIn · 9 known investors

KarmaCheck provides technology-based background checks, credentialing, and compliance solutions for staffing and healthcare companies, with emphasis on speed and candidate experience.

Founders & leadership

KarmaCheck was founded in 2019 by Eric Ly and Mark Lieberwitz.

ELEric Ly
Eric Lyin𝕏Co-founder & CEOEric Ly is co-founder and CEO of KarmaCheck, which provides technology-based background checks, credentialing, and compliance solutions for staffing and healthcare companies. He was previously a co-founder of LinkedIn.
MLMark Lieberwitz
Mark LieberwitzinCo-Founder & Chief Product OfficerFounder of KarmaCheck, which provides technology-based background checks, credentialing, and compliance solutions for staffing and healthcare companies. His stated areas of expertise include product management, product strategy, sales, and marketing communications.

Board

ML
Michael LazerowBoard directorPartner at Velvet Sea Ventures

Investors · 9

Funding

SEC filings, press & company announcements

$108.9M disclosed across 3 rounds · 2022–2024

$18.9MraisedFeb 2022 · 46 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Eric LyExecutive Officer, Director
  • Michael LazerowDirector
Offering amount
$24M
Amount sold
$18.9M
First sale
Jan 2022
Incorporated
Corporation, Delaware, 2019
Federal exemptions
06b
Full filing on SEC EDGAR ↗

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

Competitors · 8

by search overlap
Checkr228 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.
Accurate216 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 Advantage168 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.
ADP119 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.
Hireright112 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.
Disa110 shared keywordsDISA provides employee screening and compliance solutions covering the full employee lifecycle, including background checks and drug and alcohol testing. It serves businesses of all sizes across industries such as transportation and education, integrating with common ATS/HRIS systems.
Ferretly105 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.
Veremark98 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.

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

In the news

Frequently asked questions

What does KarmaCheck do?
KarmaCheck provides technology-based background checks, credentialing, and compliance solutions for staffing and healthcare companies, with emphasis on speed and candidate experience.
Who founded KarmaCheck?
KarmaCheck was founded by Eric Ly, Mark Lieberwitz in 2019.
Who are KarmaCheck's investors?
KarmaCheck's investors include NextView Ventures, Parameter Ventures, AAF Management Ltd., MGV.VC, One Way Ventures, PruVen Capital Partners, RKKVC, Taurus Ventures and 1 more.
How much funding has KarmaCheck raised?
KarmaCheck has disclosed $108.9M raised across 3 rounds.
Where is KarmaCheck headquartered?
KarmaCheck is headquartered in San Francisco, US.