KarmaSuite
Oakland, US · Founded 2022 · Delaware corporation · 1 known investors
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.
Founders & leadership
KarmaSuite was founded in 2022 by Srikar Chinam.
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Srikar ChinamFounder
JA
Jonathan AllenNamed on SEC filing
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Srikar Prithvi ChinamNamed on SEC filing
Board
CB
Investors · 1
Reported raises · per SEC filings
Form D private placements$4.5M disclosed across 1 round · 2024
▶$4.5MraisedApr 2024 · 10 investors · Other TechnologyRule 506(b)
▶$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
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
Competitors · 5
by search overlapKarma8 shared keywordsKarma is a cloud-based restaurant management platform combining POS, loyalty, online ordering, payments, and marketing in one system for restaurants. Founded in Stockholm in 2015, it primarily serves restaurants in the Nordics.
Mykaarma7 shared keywordsmyKaarma provides communications and payment solutions for automotive dealerships, helping service advisors manage customer interactions and transactions during vehicle repair services.
Karma7 shared keywordsKarma offers a browser extension and mobile app that helps online shoppers track price drops and back-in-stock alerts, save items for later, automatically apply coupons at checkout, and compare credit card rewards. The consumer shopping assistant uses AI and serves individual shoppers across their devices.
eoStar6 shared keywordseoStar provides warehouse management (WMS) and distribution software, including eoWarehouse, aimed at improving warehouse efficiency, delivery, and planning. It is used by beverage distributors such as Red Bull and Alliance Beverage Distributing to manage operations across facilities.
SmartSuite5 shared keywordsSmartSuite is an AI-native work platform that unifies governance, risk, compliance, IT service management, project management, and business operations workflows on a single system. It serves regulated enterprises and mid-market organizations seeking to reduce tool sprawl and improve cross-functional coordination through connected, no-code workflows.
Companies competing with KarmaSuite for the same Google search keywords, organic and paid, via search-intersection analysis.
In the news
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.