Fama is a technology company.
Fama has raised $18.0M across 3 funding rounds.
Fama has raised $18.0M in total across 3 funding rounds.
Fama (fama.io) is a leading AI-powered online candidate screening company that analyzes candidates' digital footprints across 10,000+ online sources to assess fit, highlight positive traits like creativity and innovation, and flag risks such as fraud, harassment, or violence[1][3]. Founded in 2015, it serves talent acquisition teams at major enterprises, including 3,600 customers like Sterling, HireRight, and First Advantage (covering 95% of the global background screening industry), by integrating with HRIS, ATS, and background check platforms to speed hiring, ensure compliance (FCRA, EEOC, SOC2), and deliver 45 million+ reports with 99.5% data accuracy[1][3]. The company solves the problem of manual web presence reviews by automating scalable screening, recently launching TikTok/Reels video analysis and Instant Fit beta, fueling growth ahead of projections after a $30M+ Series B in 2022 and acquiring competitor Social Intelligence in 2023[1].
(Note: Other entities like FAMA Technologies in Saudi Arabia focus on digital solutions for QSR and industries since 2009[2][5], or FAMA Technology for CNC automation[6], but context points to the U.S.-based hiring tech leader at fama.io[1][3][4].)
Fama was founded in 2015 by CEO Ben Mones, sparked by his experience as a manager facing preventable workplace misconduct that a simple online check could have flagged[1]. Mones built the company to leverage publicly available digital data for proactive screening, starting with manual keyword searches that revealed the complexity and gaps in traditional methods[3]. Early traction came from proving AI's edge in scaling checks; by 2022, a Series B round from top U.S. investors pushed funding over $30M, followed by the pivotal 2023 acquisition of Social Intelligence, cementing market dominance[1]. Leadership includes VP of Growth, VP of People, CTO, SVP of Operations, CFO, and VP of Marketing, emphasizing ethical AI from a diverse team of developers, data scientists, and investigators[4].
Fama rides the AI-driven hiring transformation trend, where digital-native workforces demand automated vetting of online personas amid rising remote/hybrid roles and misconduct risks[1][3]. Timing aligns with post-2020 emphasis on workplace safety and efficiency, amplified by AI advancements enabling ethical web scraping at scale—unlike legacy checks focused on criminal records alone[3]. Market forces like talent shortages, regulatory scrutiny (e.g., EEOC bias rules), and explosive social media growth (TikTok/Reels) favor Fama, as enterprises outsource to specialists covering 95% of screening volume[1]. It influences the ecosystem by setting standards for compliant AI screening, partnering with giants like HireRight, and pushing HR tech toward predictive, holistic candidate insights[1][3].
Fama's trajectory points to expanded AI capabilities, like deeper video/behavioral analysis and global enterprise wins, building on its screening monopoly and acquisition momentum[1]. Trends in AI ethics, multimodal data (e.g., video + text), and gig economy vetting will propel growth, potentially targeting adjacent markets like leadership assessment or employee monitoring[3][4]. Its influence may evolve into an HR AI platform standard, as compliant online signals become table stakes for "hiring like it's 2025," unlocking safer, faster talent matches at scale[3]. This cements Fama as the go-to for modern screening that started from one manager's insight.
Fama has raised $18.0M in total across 3 funding rounds.
Fama's investors include Bonfire Ventures, Crosscut Ventures, Founder Collective, Silverton Partners, Clark Landry, Kim Perell, Amplify.LA, Andreessen Horowitz, AV8 Ventures, Bam Ventures, B Capital Group, Bullpen Capital.
Fama has raised $18.0M across 3 funding rounds. Most recently, it raised $10.0M Series B in February 2020.