Tech Company Financing Transactions
Karma Funding Round
Target Global, AltaIR Capital and NFX participated in a $25 million Series A funding round for Karma. The funding round was announced by the company on 10/18/2021.
Transaction Overview
Company Name
Announced On
10/18/2021
Transaction Type
Venture Equity
Amount
$25,000,000
Round
Series A
Investors
Proceeds Purpose
Karma will use the funding to grow its team, double down on AI, machine learning and predictive analytics, scale its userbase, and expand into adjacent market opportunities.
Company Information
Company Status
Private & Independent
Industry
ECommerce
Mailing Address
Derech Menachem Begin 156
Tel Aviv, Undisclosed
Israel
Tel Aviv, Undisclosed
Israel
Phone
Undisclosed
Website
Email Address
Overview
Karma is an easy-to-use AI shopping tool that powers an automated smart shopping experience on users' laptops or smartphones to save them time and money. Following a simple download, users start their online shopping journey. Karma incorporates real-time, dynamic merchandise data and alerts users to the lowest available price point.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Jonathan Friedman
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