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KarmaSuite

Oakland, US · Founded 2022 · Delaware corporation · 1 known investors

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KarmaSuite is a software platform for nonprofits to manage restricted funds and post-award grants, automating expense allocation, budgeting, compliance tracking, forecasting, and financial reporting without changing the organization's general ledger. It integrates with common general ledger systems and provides dashboards, spend-down alerts, and impact deliverable tracking.

FintechImpact & Social GoodSaaS

Founders & leadership

KarmaSuite was founded in 2022 by Srikar Chinam.

SCSrikar Chinam
Srikar ChinamCo-founder and CEO
JAJonathan Allen
Jonathan AllenNamed on SEC filing

Board

CBClara Brenner
Clara BrennerBoard directorManaging Partner at Urban Innovation

Investors · 1

Reported raises · per SEC filings

Form D private placements

$4.5M disclosed across 1 round · 2024

▶$4.5MraisedApr 2024 · 10 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Jonathan AllenDirector
  • Clara BrennerDirector
  • Srikar Prithvi ChinamExecutive Officer, Director
Offering amount
$4.5M
Amount sold
$4.5M
First sale
Apr 2024
Incorporated
Corporation, Delaware, 2022
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

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Frequently asked questions

What does KarmaSuite do?
KarmaSuite is a software platform for nonprofits to manage restricted funds and post-award grants, automating expense allocation, budgeting, compliance tracking, forecasting, and financial reporting without changing the organization's general ledger. It integrates with common general ledger systems and provides dashboards, spend-down alerts, and impact deliverable tracking.
Who founded KarmaSuite?
KarmaSuite was founded by Srikar Chinam in 2022.
Who are KarmaSuite's investors?
KarmaSuite's investors include Urban Innovation.
How much funding has KarmaSuite raised?
KarmaSuite has disclosed $4.5M raised across 1 round.
Where is KarmaSuite headquartered?
KarmaSuite is headquartered in Oakland, US.