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KarmaCheck Risk Report

Generated on July 17, 2025

1

Risks

Summary

๐Ÿ›ก๏ธ Financial & Liquidity

Karmacheck is experiencing a period of growth, as evidenced by recent substantial funding rounds. The company's financial position appears to be bolstered by investments aimed at modernizing their operations.

  • Karmacheck secured $45 million in Series B funding ๐Ÿ—“ on June 27, 2024, to enhance its background checks and credentialing services.
  • Earlier, the company raised $15 million in Series A funding ๐Ÿ—“ on April 7, 2022.

๐Ÿ“œ Innovation & R&D

Karmacheck is capitalizing on innovation opportunities as they continue to develop their services in the digital credentialing and background check domain. The recent funding infusion is set to propel further innovations.

  • Karmacheck's $45 million Series B funding round ๐Ÿ—“ on June 27, 2024, was aimed specifically at modernizing their background check processes.
  • The Series A funding of $15 million ๐Ÿ—“ on April 7, 2022, supported their development initiatives.

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