Karma Broward

Fort Lauderdale, United States Founded: 2020 • Age: 6 yrs
Manufacturer of automotive electric vehicles
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About Karma Broward

Karma Broward is a company based in Fort Lauderdale (United States) founded in 2020.. Karma Broward operates in a competitive market with competitors including Ridepanda, Highland Electric Fleet, Electrada, Zeus Electric Chassis and Vene Rides, among others.

  • Headquarter Fort Lauderdale, United States
  • Sectors
    Transportation, Automotive & Logistics
  • Phone
    *********
  • Website
    *********
Operational Areas
Transportation, Automotive & Logistics → Automotive Retail, Aftermarket & Services
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
    $7.5 M (USD), Debt – Conventional

    Feb 24, 2022

  • Investors
  • Employee Count
    Employee Count
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Funding Insights of Karma Broward

  • Total Funding
  • Total Rounds 1
  • Last Round Debt – Conventional — $7.5M
  • First Round

    (24 Feb 2022)

  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Feb, 2022 Amount Debt – Conventional - Karma Broward Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Karma Broward

Karma Broward has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Feenix Venture Partners. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Investor Description Founded Year Domain Location
Investment firm based in New York, focused on growth capital.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Karma Broward

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Karma Broward

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Karma Broward Comparisons

Employees
+
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Competitors of Karma Broward

Karma Broward operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Ridepanda, Highland Electric Fleet, Electrada, Zeus Electric Chassis and Vene Rides, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multi-category electric vehicles are retailed online via quiz-based recommendations.
domain founded_year HQ Location
Dealership services for automotive electric vehicles are provided.
domain founded_year HQ Location
Automotive electric vehicles are manufactured by Electrada.
domain founded_year HQ Location
Automotive electric chassis are manufactured for vehicle applications.
domain founded_year HQ Location
Multi-category electric vehicles are retailed online by Vene Rides.
domain founded_year HQ Location
Provider of automotive electrical vehicles
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Karma Broward

Frequently Asked Questions about Karma Broward

When was Karma Broward founded?

Karma Broward was founded in 2020 and raised its 1st funding round 2 years after it was founded.

Where is Karma Broward located?

Karma Broward is headquartered in Fort Lauderdale, United States. It is registered at Fort Lauderdale, Florida, United States.

What does Karma Broward do?

Karma Broward manufacturer of automotive electric vehicles through auto, auto retail aftersales, dealership, and developing electric vehicles. Prioritizing client-centric approaches, it ensures high-quality outcomes, innovation, and sustainable practices in its field. It continues to evolve, meeting industry challenges with strategic approaches.

Who are the top competitors of Karma Broward?

Karma Broward's top competitors include Highland Electric Fleet, Ridepanda and Electrada.

Who are Karma Broward's investors?

Karma Broward has 1 investor. Key investors include Feenix Venture Partners.

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