Fama Technologies, Inc. Announced as a "Hot Company to Watch in 2024" by Nucleus Research
Los Angeles, December 5, 2023 – Fama Technologies, Inc., a leader in candidate screening that makes hiring great people easy, has been recognized as a "Hot Companies to Watch in 2024" by Nucleus Research, one of the world's top HCM industry analyst firms. This honor highlights Fama Technologies' significant contributions to enhancing hiring processes and outcomes in a way that increases candidate quality and fosters safer workplace environments.
Nucleus Research commended Fama Technologies for its innovative approach to candidate screening and online background checks, noting the company’s proficiency in identifying candidates who engage in critical misconduct like violence, harassment, and intolerance in an efficient and cost-effective manner. This capability has established Fama as a cornerstone in creating better and safer workplaces, setting a new standard in the industry. "Fama’s ability to screen online behaviors and pinpoint risk and fit with minimal burden on the candidate and employer builds a promising foundation for enhanced decision-making and better, safer workplaces," says Nucleus.
The "Hot Companies to Watch in 2024" award by Nucleus Research is given to companies that have shown remarkable market performance and product innovation. Fama Technologies is among the 11 companies selected this year, recognized for their ability to maintain competitive positioning and execute strategic plans effectively. The award winners include both newer market entrants addressing specific organizational challenges and established leaders in their respective fields.
Nucleus Research's recognition is particularly significant as it takes into account worries of economic uncertainty and underscores Fama Technologies' strong potential for continued success in the upcoming year. “Vendors listed as this year's Hot Companies are well-positioned to see continued success in the upcoming year as they work to provide value for their clients and generate net-new business,” says Nucleus. Honored by this recognition, Fama Technologies CEO, Ben Mones, shares, "This recognition from Nucleus Research as one of the Hot Companies to Watch in 2024 is a testament to our team's hard work and commitment to advance our industry forward. We are finding more and more ways to derive insights from online personas, and to help hiring managers answer that fundamental question, ‘how is this new hire going to act around employees and customers when they join?’"
Earlier this quarter, Fama was also recognized as a Top Work Tech Vendor of 2023 Award from Inspiring Workplaces and Starr Conspiracy at the 2023 HR Technology Conference and Expo in Las Vegas, Nevada. This is the 5th award Fama has been honored with this year.
Fama Technologies, Inc. remains dedicated to providing innovative solutions to meet the evolving needs of the modern workplace. This award from Nucleus Research serves as both an acknowledgment of past achievements and an inspiration for future endeavors.
About Fama Technologies, Inc.:
Fama makes hiring great people easy. Our modern candidate screening solutions help companies and agencies evaluate candidate fit and quality. Fama leverages online signals to identify which candidates have professional attributes like creativity, innovation, and problem solving as well as those who engage in costly misconduct like violence, harassment, and fraud earlier in the hiring funnel. This data empowers hiring teams and agencies to improve candidate quality and employee retention, create safe and inclusive workplaces, all while reducing time and cost per hire. Some of the world’s largest companies trust Fama because our solutions are FCRA, EEOC, GDPR, and SOC2 compliant. Fama is also integrated with most ATS, HRIS, and background check solutions.
Founded in 2015, Fama is headquartered in Los Angeles, California. We’re backed by some of the world’s leading investors, and have raised $30M through Series B. Learn why over 2,600 companies trust Fama at www.fama.io.
For more information, please contact:
Amy Warren
VP of Marketing
Fama Technologies, Inc.
(202)386-2939