Fundraising FoxKarmic
San Francisco, US · Founded 2014 · 3 known investors
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Karmic Labs offers dash, a corporate expense and funds-distribution product that gives team members access to company funds while providing business owners and accountants real-time visibility into spending. It handles expense requests, receipt collection, and expense reconciliation.
Founders & leadership
Karmic was founded in 2014 by Ryan Weidenmiller.
Investors · 3
How we know: LaunchCapital's portfolio page · the VCSheet dataset · Not right? Tell us
How we know: a partner's Signal profile · Not right? Tell us
How we know: the VCSheet dataset · Not right? Tell us
Reported raises · per SEC filings
Form D private placements$18M disclosed across 3 rounds · 2014–2016
▶$12.2MraisedSep 2016 · Business ServicesRule 506(b)
- Ryan WeidenmillerExecutive Officer, Director
- Chris AgertonExecutive Officer, Director
- Offering amount
- $12.2M
- Amount sold
- $12.2M
- Minimum investment
- $50K
- Placement agents
- NA
- First sale
- Sep 2016
- Incorporated
- Corporation, Delaware, 2014
- Federal exemptions
- 06b
▶$5MraisedJul 2015 · Business ServicesRule 506(b)
- Chris AgertonExecutive Officer, Director
- Ryan WeidenmillerExecutive Officer, Director
- Offering amount
- $5M
- Amount sold
- $5M
- Minimum investment
- $13.3K
- First sale
- Jun 2015
- Incorporated
- Corporation, Delaware, 2014
- Federal exemptions
- 06b
▶$850KraisedJun 2014 · 4 investors · Business ServicesRule 506(b)
- Chris AgertonExecutive Officer, Director
- Ryan WeidenmillerExecutive Officer, Director
- Offering amount
- $2.7M
- Amount sold
- $850K
- Minimum investment
- $25K
- First sale
- Jun 2014
- Incorporated
- Corporation, Delaware, 2014
- Federal exemptions
- 06b
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
Frequently asked questions
- What does Karmic do?
- Karmic Labs offers dash, a corporate expense and funds-distribution product that gives team members access to company funds while providing business owners and accountants real-time visibility into spending. It handles expense requests, receipt collection, and expense reconciliation.
- Who founded Karmic?
- Karmic was founded by Ryan Weidenmiller in 2014.
- Who are Karmic's investors?
- Karmic's investors include LaunchCapital, Alsop Louie Partners, PIPELINE CAPITAL PARTNERS.
- How much funding has Karmic raised?
- Karmic has disclosed $18M raised across 3 rounds.
- Where is Karmic headquartered?
- Karmic is headquartered in San Francisco, US.