- KarmaCheck is a technology-based solution specializing in background checks, credentialing, and compliance, positioned as a leader in modernizing these services for various industries, particularly healthcare.
- In June 2024, KarmaCheck raised $45 million in a Series B funding round to accelerate the development of its proprietary technology platform and expand into new verticals, following a year of 600% revenue growth.
- The company has partnered with symplr, a leading provider of healthcare operations software, to transform background checks for healthcare staffing firms, enhancing the speed and accuracy of credentialing processes.
- KarmaCheck's ideal buyers are healthcare staffing firms facing challenges with lengthy background check processes, offering them a streamlined solution that significantly reduces turnaround times and improves compliance.
KarmaCheck's workforce is organized into ten distinct departments, with Engineering being the largest at 12 employees, followed closely by Operations with 7. The Executive and Sales departments each contribute 4 employees, indicating a balanced focus on leadership and revenue generation. Human Resources and Finance each have 3 employees, ensuring adequate support for personnel and financial management. The diverse mix of departments reflects a comprehensive approach to software development and operational efficiency.
The company operates across 13 locations, with San Francisco, CA, housing the largest concentration of employees at 6. Other notable locations include Boston, MA, with 2 employees, and various cities such as Tampa, FL, and Phoenix, AZ, each contributing 1 employee. The 'Other' category accounts for a significant portion of the workforce, suggesting a distributed model that allows for remote work flexibility. This geographic distribution enhances the company's ability to tap into diverse talent pools across the United States.