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Karma Wallet logo — Live your values. Driving sustainability through innovative...

Karma Wallet

Live your values. Driving sustainability through innovative personal finance technology.

Founded 2019 United States Wake Forest, United States 26 employees Seed Total: $7.97M B2B, B2C +4

General Information

Company Name Karma Wallet
Founded Year 2019
Location United States Wake Forest, United States +1
Employees 26
Industries B2B, B2C, Finance +3
Funding Stage Seed
Social

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About Karma Wallet

Karma Wallet, a personal finance technology platform, aims to drive sustainability through innovative financial solutions. The company offers a reloadable prepaid debit card, allowing users to turn their daily spending into impactful sustainability. With personalized data on carbon footprint, insights into shopping habits, and the potential to earn up to 20% cashback and sustainable rewards, Karma Wallet encourages conscious consumer behavior. The Karma Wallet Card is integrated with a proprietary impact data platform that assesses over 15,000 brands based on their environmental and social initiatives, utilizing 30+ data sources and millions of data points. The company, founded in 2019 and based in the United States, recently secured a $5.50M Seed Round investment on 21 December 2023 from the Triangle Tweener Fund. Karma Wallet operates in multiple industries including B2B, B2C, Finance, Fintech, Information Technology, and Sustainability, reinforcing its commitment to merging financial technology with sustainable practices. Learn more at karmawallet.io

Taxonomy: Personal Finance, Technology, Carbon Footprint, Consumer Insights, Prepaid Debit Card, Cashback Rewards, Impact Data Platform, Environmental Initiatives, Sustainable Living, Eco-Friendly, Shopping Habits, Social Impact

Funding Rounds & Investors (5)

View All
Funding Stage Amount Investors Lead Investors Date
Seed Round •••••• 1
Investor
21 Dec 2023
Pre Seed Round •••••• 1
Investor
11 Jan 2023
Debt Financing •••••• - 11 Oct 2022
Debt Financing •••••• - 17 Nov 2021
Debt Financing •••••• - 18 Nov 2020

Latest News

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Inside Mercury’s competitive push into software and Ramp’s potential M&A targets
Techcrunch May 08, 2024

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FAQ About Karma Wallet

Live your values. Driving sustainability through innovative personal finance technology.
Karma Wallet was founded in 2019.
Karma Wallet is headquartered in Wake Forest, United States.
Karma Wallet operates in the following industries: B2B, B2C, Finance, Fintech, Information Technology, Sustainability.
Karma Wallet has approximately 26 employees.
Karma Wallet has completed 5 funding rounds, raising a total of $7.97M. The latest funding stage is Seed.
Top alternatives and competitors to Karma Wallet include Torus, Powerbomb, Wastecoin, Alisverislio, Swipe. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Karma Wallet and Torus are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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