About Karma Wallet
Karma Wallet is a Media & Entertainment company based in Wake Forest (United States). Online ratings and review platform for consumer products. Karma Wallet has raised $5.5 million across 2 funding rounds. Karma Wallet has completed 1 acquisition, including DoneGood. Its focus areas include Consumer, Ratings and Review Platforms, Consumer Products and Services and Diversified. Its competitors include Ecoratings and GoWeView; 1 of its 2 listed competitors has raised funding.
Company details
An online platform known as Karma Wallet is operated from Wake Forest, United States, in the consumer review and fintech sectors. Ratings and reviews for various consumer products are facilitated to assist user decisions. A prepaid, reloadable debit card is issued, through which cashback is earned on purchases aligned with sustainable practices. Reviews for financial cards are also maintained on the site to inform users.
- Headquarters Wake Forest, United States
- SectorsMedia & Entertainment
- Website karmawallet.io
- Total Equity Funding$5.5M (USD)
in 2 rounds
- Latest Funding Round$5.5M (USD), Series A
Nov 2023
- Investments & Acquisitions
Funding Insights of Karma Wallet
Karma Wallet has successfully raised a total of $5.5M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $5.5 million completed in November 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $5.5M
- Total Rounds 2
- Last Round Series A — $5.5M
- First Round $810,000
(Oct 2022)
All 2 funding rounds of Karma Wallet with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov 2023 | $5.5M | Series A | – | – | – |
| Oct 2022 | $810,000 | Debt – Conventional | – | – | – |
People of Karma Wallet
8 people are tracked at Karma Wallet (1 in leadership, 7 in board & advisors).
| Name | Role | Group |
|---|---|---|
Jayant Khadilkar | CEO & Co-Founder | Leadership |
Tamara Adlin | Advisor | Board & advisors |
Stuart Take | Advisor | Board & advisors |
Kara Owens | Advisor | Board & advisors |
Jordan Lustig | Advisor | Board & advisors |
Maren Costa | Advisor | Board & advisors |
Jen Millard | Advisor | Board & advisors |
Naoshi Yamauchi | Advisor | Board & advisors |
Complete people profiles for Karma Wallet
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
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Verified entity values are shown only after access is granted.
Investments & Acquisitions by Karma Wallet
Karma Wallet has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include DoneGood.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Christian music radio streaming and mobile app are provided. | donegood.co | Boston, United States | 2015 | Apr 2024 | •••• |
Complete acquisition details for Karma Wallet
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
- Deal sources
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- Exports
Verified entity values are shown only after access is granted.
Timeline of Karma Wallet
3 dated milestones of Karma Wallet across 2 years, from founding to its latest funding, stage changes and deals.
- Funding First funding round of $810K.
- Funding Latest funding round, Series A, of $5.5M.
- Acquisition Acquires DoneGood.
Competitors of Karma Wallet
Karma Wallet has 2 listed competitors in our database, 1 of them funded. They include Ecoratings and GoWeView.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| ecoratings.ai | 2023 | New York, United States | $2.95M | GenAI-powered sustainability solutions company that utilizes advanced artificial intelligence and big data to provide precise and comprehensive ESG ratings and insights to businesses, enabling them to make informed decisions and meet their sustainability goals. | ||
| goweview.com | 2020 | United States | An app-based platform for ratings and reviews of eco-friendly consumer services. |
Detailed competitors of Karma Wallet
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Karma Wallet
Websites that share an audience with Karma Wallet (karmawallet.io).
Websites whose visitors overlap most with Karma Wallet. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| dosh.com | 100% | 1.4K | #13,515,759 | View details | |
feelgoodstyle.com | feelgoodstyle.com | 98% | #12,641,772 | – | |
| cardlytics.com | 84% | 600.9K | #92,387 | View details | |
| zunocarbon.com | 80% | 18.8K | #1,595,464 | View details |
Top companies in Ratings and Review Platforms
3 companies that operate in the same segment as Karma Wallet (Ratings and Review Platforms) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Anonymous employee reviews and job search platform are operated. | 2007 | San Francisco, California, United States | USD 201.5 M | 1,695 | ||
Platform for discovering and sharing local businesses | 2004 | San Francisco, California, United States | USD 56 M | USD 1.46 B | 5,120 | |
Platform for users to share business software reviews | 2012 | Chicago, Illinois, United States | USD 257.6 M | 1,688 |
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Related news about Karma Wallet
Complete news archive for Karma Wallet
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Frequently Asked Questions about Karma Wallet
Karma Wallet is headquartered in Wake Forest, United States. It is registered at Wake Forest, North Carolina, United States.
Karma Wallet is a funded company, having raised a total of $5.5M across 2 funding rounds to date. The company's 1st funding round was a Debt – Conventional of $810K, raised on Oct 2022.
An online platform known as Karma Wallet is operated from Wake Forest, United States, in the consumer review and fintech sectors. Ratings and reviews for various consumer products are facilitated to assist user decisions. A prepaid, reloadable debit card is issued, through which cashback is earned on purchases aligned with sustainable practices. Reviews for financial cards are also maintained on the site to inform users.
Karma Wallet's top competitors include Ecoratings and GoWeView.
Karma Wallet has made 1 acquisition, including DoneGood.