What is Data Facts?
Founded in 1989 and headquartered in Cordova, Tennessee, Data Facts has established itself as a critical partner for organizations requiring rigorous background check services and comprehensive monitoring solutions. The company operates at the intersection of human capital management and corporate security, providing essential data verification services that help enterprises mitigate risk and ensure compliance. By maintaining a focus on accuracy and timely reporting, Data Facts serves a diverse portfolio of clients, ranging from mid-market firms to large-scale multinational corporations, solidifying its reputation as a reliable provider in the background screening industry.
How much funding has Data Facts raised?
Data Facts has raised a total of $1M across 1 funding round:
Debt
$1M
Debt (2020): $1M with participation from PPP
Key Investors in Data Facts
PPP
Public-Private Partnership
What's next for Data Facts?
Looking ahead, the recent strategic investment serves as a catalyst for Data Facts to accelerate its digital transformation initiatives. As the demand for automated, real-time compliance monitoring grows, the company is expected to leverage this capital to integrate advanced analytics and machine learning into its existing service architecture. This strategic pivot will likely focus on enhancing the user experience for HR departments and security teams, ensuring that Data Facts remains at the forefront of the background screening market. By prioritizing scalable technology and robust data integrity, the firm is poised to navigate the evolving landscape of global workforce verification and corporate risk management effectively.
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