Tech Company Financing Transactions

Karmic Funding Round

Alsop Louie Partners, Arbor Ventures and Greycroft Partners participated in a $17.2 million Series B venture round for Karmic. The funding round was announced by the company on 7/20/2017.

Transaction Overview

Company Name
Announced On
7/20/2017
Transaction Type
Venture Equity
Amount
$17,200,000
Round
Series B
Proceeds Purpose
This investment propels Karmic to the next stage of growth, and adding Wei and Jim's expertise to our board will help us get there quicker.

Company Information

Company Status
Private & Independent
Industry
FinTech
Mailing Address
1600 Bryant St.
San Francisco, CA 94103
USA
Email Address
Overview
The Karmic system allows for employees to request specific amounts of cash for specific events. Managers can easily approve. Employers have organizational oversight.
Profile
Karmic LinkedIn Company Profile
Social Media
Karmic Company Twitter Account
Company News
Karmic News
Facebook
Karmic on Facebook
YouTube
Karmic on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Mario Furgiuele
  Mario Furgiuele LinkedIn Profile  Mario Furgiuele Twitter Account  Mario Furgiuele News  Mario Furgiuele on Facebook
Chief Financial Officer
Chauncey Dewey
  Chauncey Dewey LinkedIn Profile  Chauncey Dewey Twitter Account  Chauncey Dewey News  Chauncey Dewey on Facebook
Chief Technical Officer
Garrett Blythe
  Garrett Blythe LinkedIn Profile  Garrett Blythe Twitter Account  Garrett Blythe News  Garrett Blythe on Facebook
Vice President
Kelly Lazzara
  Kelly Lazzara LinkedIn Profile  Kelly Lazzara Twitter Account  Kelly Lazzara News  Kelly Lazzara on Facebook
VP - Bus. Development
Stephen Grivakes
  Stephen Grivakes LinkedIn Profile  Stephen Grivakes Twitter Account  Stephen Grivakes News  Stephen Grivakes on Facebook
VP - Marketing
Tara Bonnell
  Tara Bonnell LinkedIn Profile  Tara Bonnell Twitter Account  Tara Bonnell News  Tara Bonnell on Facebook


 

 

Browse more venture capital transactions:

Prev: 7/20/2017: Simplify Medical venture capital transaction
Next: 7/21/2017: Intelligent Clearing Network venture capital transaction

 

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Where The Data Comes From

We do our best to report on every notable VC transaction. VC investment data records reported here are sourced from a variety of public sources. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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