About myKaarma
myKaarma is a company based in Los Angeles (United States) founded in 2012. myKaarma has raised $15 million across 2 funding rounds from investors including H.I.G. Growth Partners and Kayne Anderson Capital Advisors. The company has 66 employees as of April 08, 2024. myKaarma has completed 1 acquisition, including PocketExpert. myKaarma offers products and services including Communications, Payments, Scheduler, and Mobile Solutions. myKaarma operates in a competitive market with competitors including Xtime, Dealer.com, Rollick, CarNow and Affinitiv, among others.
- Headquarter Los Angeles, United States
- Employees 66 as on 08 Apr, 2024
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Sectors
TechnologyTransportation, Automotive & Logistics
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Email
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Phone
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Website
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Social
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- Legal Name Mykaarma.Com India Private Limited
- Date of Incorporation 23 May, 2012
- Jurisdiction Noida, Uttar Pradesh, India
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Annual Revenue
$4 M (USD)0.44as on Mar 31, 2023
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Net Profit
-$2.26 K (USD)-115.97as on Mar 31, 2023
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EBITDA
$90.53 K (USD)-20.5as on Mar 31, 2023
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Total Equity Funding
$15 M (USD)
in 2 rounds
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Latest Funding Round
Not available
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Investors
H.I.G. Growth Partners
& 1 more
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Employee Count
66
as on Apr 08, 2024
- Investments & Acquisitions
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Products & Services of myKaarma
myKaarma offers a comprehensive portfolio of products and services, including Communications, Payments, Scheduler, and Mobile Solutions.
Software for managing customer interactions in automotive services
System for secure transaction handling in dealer operations
Platform for appointment and service scheduling in auto repairs
Apps for on-the-go access to automotive service tools
People of myKaarma
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Funding Insights of myKaarma
myKaarma has successfully raised a total of $15M across 2 strategic funding rounds. 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.
Investors in myKaarma
myKaarma has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include H.I.G. Growth Partners and Kayne Anderson Capital Advisors.
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Private equity investments are made in the United States.
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Investor details for myKaarma
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Investments & Acquisitions by myKaarma
myKaarma has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include PocketExpert.
Investment portfolio details for myKaarma
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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Customer engagement solutions are provided for automotive dealerships.
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Complete acquisition details for myKaarma
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Financial Statements - myKaarma
Detailed financials for myKaarma
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Mykaarma Comparisons
Peer comparison for myKaarma
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Competitors of myKaarma
myKaarma 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 Xtime, Dealer.com, Rollick, CarNow and Affinitiv, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Customer engagement tools for automotive dealers are provided.
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Digital marketing solutions for automotive dealerships are delivered.
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Omnichannel marketing automation is provided to automotive OEMs and dealers.
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SaaS tools enable digital customer engagement for automotive dealers.
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Cloud-based marketing automation is offered for the automobile industry.
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Detailed competitors of myKaarma
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Latest news on Mykaarma
Complete news archive for myKaarma
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Frequently Asked Questions about myKaarma
myKaarma was founded in 2012 and raised its 1st funding round 6 years after it was founded.
myKaarma is headquartered in Los Angeles, United States. It is registered at Los Angeles, California, United States.
myKaarma is a funded company, having raised a total of $15M across 2 funding rounds to date.
As of Apr 08, 2024, the latest employee count at myKaarma is 66.
Annual revenue of myKaarma is $4M as on Mar 31, 2023.
myKaarma was founded in 2012 in Los Angeles, United States, as a provider of SaaS-driven solutions for customer interaction management in the automotive sector. Digital point-of-sale systems, mobile payment options, and bi-directional communication tools including texting, calling, and email are offered, with integration capabilities for existing dealership software. Clients served include BMW, Audi, Hyundai, Honda, Porsche, Maserati, and Volvo.
myKaarma offers Communications, Payments, Scheduler, and Mobile Solutions.
myKaarma has made 1 acquisition, including PocketExpert.
myKaarma has 2 investors. Key investors include H.I.G. Growth Partners, and Kayne Anderson Capital Advisors.