# Karma funding: rounds and investors

> Karma has raised $23M across 13 rounds since 2011. Investors include BoxGroup, Boldstart Ventures and Techstars. Every round with its source.

Source: https://millionrounds.com/company/karma (Millionrounds; every figure on the page links to its filing or article)

United States · [Seed startup](https://millionrounds.com/companies)

# Who invested in *Karma*

13 rounds we have observed, with the 38 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Cleantech Media

Funding summary Updated 26 Oct 2026

**$23M** raised across 13 rounds since 2011, from 13 sources

**$2.3M** Seed **$18K** Seed **$1.2M** Seed **$100K** Round **$2.2M** Seed **$800K** Seed **$60K** Seed **$2.9M** Debt **$1.3M** Venture **$12M** Round **$500K** Seed

- **Latest round:** Seed, $500K Apr 2022
- **Biggest round:** $12M Round · Aug 2018
- **Investors:** 38

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2011 2013 2015 2017 2019 2021

**?** Round

**$2.3M** Seed

**$18K** Seed

**$100K** Round

**?** Round

**$60K** Seed

**$2.9M** Debt

**$12M** Round

**$500K** Seed

- **First round:** Round
- **Biggest round:** $12M
- **Usual gap between rounds:** 10 months

## The rounds

- **Apr 2022** Seed **$500K** *1 new* [IVC](https://millionrounds.com/fund/ivc) Source recorded
- **Aug 2018** Round **$12M** *3 new* [e.ventures](https://millionrounds.com/fund/e-ventures) [Kinnevik/ Bessemer](https://millionrounds.com/fund/kinnevik-bessemer) [Electrolux](https://millionrounds.com/fund/electrolux) Reported by FinSMEs
- **Oct 2015** Debt **$2.9M** No investor was named in the report. From a historical funding record SEC filing: $2.9M sold, first sale Aug 2012
- **Oct 2015** Venture **$1.3M** No investor was named in the report. From a historical funding record SEC filing: $2.9M sold, first sale Aug 2012
- **Jul 2015** Seed **$60K** No investor was named in the report. From a historical funding record SEC filing: $2.9M sold, first sale Aug 2012
- **Aug 2014** Seed **$800K** *12 new* [Andrew Boszhardt, Jr.](https://millionrounds.com/fund/andrew-boszhardt-jr) [Josh Jacobs](https://millionrounds.com/fund/josh-jacobs) [Nick Grouf](https://millionrounds.com/fund/nick-grouf) David Levin Kevin Cheng Richard Eddy Scott Skidmore Sean Brecker Steve Gilchrist Ted Huang Totsachai Asvinvichit Wildwood Capital UK From a historical funding record
- **Dec 2013** Seed **$2.2M** *3 new* *1 returning* [Cota Capital](https://millionrounds.com/fund/cota-capital) [Boldstart Ventures](https://millionrounds.com/fund/boldstart-ventures) [Signatures Capital](https://millionrounds.com/fund/signatures-capital) [Summit Action](https://millionrounds.com/fund/summit-action) From a historical funding record
- **Nov 2013** Round **Amount undisclosed** *1 returning* [BoxGroup](https://millionrounds.com/fund/boxgroup) From a historical funding record
- **Oct 2013** Round **$100K** *1 new* [VegasTechFund](https://millionrounds.com/fund/vegastechfund) From a historical funding record
- **Aug 2012** Seed **$1.2M** *11 new* [500 Global](https://millionrounds.com/fund/500-startups) [DFJ](https://millionrounds.com/fund/dfj) [Collaborative Fund](https://millionrounds.com/fund/collaborative-fund) [David Cohen](https://millionrounds.com/fund/david-cohen) [Boldstart Ventures](https://millionrounds.com/fund/boldstart-ventures) [David Tisch](https://millionrounds.com/fund/david-tisch) [Rothenberg Ventures](https://millionrounds.com/fund/rothenberg-ventures) [Neu Venture Capital](https://millionrounds.com/fund/neu-venture-capital) [Kal Vepuri](https://millionrounds.com/fund/kal-vepuri) [Chang Ng](https://millionrounds.com/fund/chang-ng) Werner Vogels Reported by gigaom.com SEC filing: $18K sold, first sale Feb 2012
- **Mar 2012** Seed **$18K** *1 new* [Techstars](https://millionrounds.com/fund/techstars) Reported by thenextweb.com
- **Nov 2011** Seed **$2.3M** *1 new* [BoxGroup](https://millionrounds.com/fund/boxgroup) Reported by sec.gov
- **Jan 2011** Round **Amount undisclosed** *5 new* [Sequoia Capital](https://millionrounds.com/fund/sequoia-capital) [Kleiner Perkins Caufield & Byers](https://millionrounds.com/fund/kleiner-perkins-caufield-and-byers) [Felicis](https://millionrounds.com/fund/felicis-ventures) [CrunchFund](https://millionrounds.com/fund/crunchfund-3) [Gary Vaynerchuk](https://millionrounds.com/fund/gary-vaynerchuk) Reported by techcrunch.com

## Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

**Round** 2013 **Seed** 2013 **Seed** 2014 **Seed** 2015 **Debt** 2015 **Venture** 2015 **Round** 2018 **Seed** 2022 [BoxGroup](https://millionrounds.com/fund/boxgroup) [Boldstart Ventures](https://millionrounds.com/fund/boldstart-ventures) [Techstars](https://millionrounds.com/fund/techstars) [500 Global](https://millionrounds.com/fund/500-startups) [Sequoia Capital](https://millionrounds.com/fund/sequoia-capital) [Kleiner Perkins Caufield & Byers](https://millionrounds.com/fund/kleiner-perkins-caufield-and-byers) [Felicis](https://millionrounds.com/fund/felicis-ventures) [DFJ](https://millionrounds.com/fund/dfj) [Collaborative Fund](https://millionrounds.com/fund/collaborative-fund) [IVC](https://millionrounds.com/fund/ivc)

## The exit

Exit Buyer Price When

Acquired [Facebook](https://millionrounds.com/fund/facebook) undisclosed May 2012

From historical deal records. Wrong? [Tell us](https://millionrounds.com/corrections?slug=karma).

## Everyone who backed them

[BoxGroup](https://millionrounds.com/fund/boxgroup) VC firm **2** rounds

[Boldstart Ventures](https://millionrounds.com/fund/boldstart-ventures) VC firm **2** rounds

[Techstars](https://millionrounds.com/fund/techstars) VC firm **1** round

[500 Global](https://millionrounds.com/fund/500-startups) Angel **1** round

[Sequoia Capital](https://millionrounds.com/fund/sequoia-capital) VC firm **1** round

[Kleiner Perkins Caufield & Byers](https://millionrounds.com/fund/kleiner-perkins-caufield-and-byers) VC firm **1** round

[Felicis](https://millionrounds.com/fund/felicis-ventures) VC firm **1** round

[DFJ](https://millionrounds.com/fund/dfj) VC firm **1** round

[Collaborative Fund](https://millionrounds.com/fund/collaborative-fund) VC firm **1** round

[IVC](https://millionrounds.com/fund/ivc) VC firm **1** round

[CrunchFund](https://millionrounds.com/fund/crunchfund-3) VC firm **1** round

[Cota Capital](https://millionrounds.com/fund/cota-capital) VC firm **1** round

[e.ventures](https://millionrounds.com/fund/e-ventures) VC firm **1** round

[David Cohen](https://millionrounds.com/fund/david-cohen) Angel **1** round

[VegasTechFund](https://millionrounds.com/fund/vegastechfund) Private equity **1** round

[David Tisch](https://millionrounds.com/fund/david-tisch) VC firm **1** round

[Signatures Capital](https://millionrounds.com/fund/signatures-capital) VC firm **1** round

[Rothenberg Ventures](https://millionrounds.com/fund/rothenberg-ventures) VC firm **1** round

[Gary Vaynerchuk](https://millionrounds.com/fund/gary-vaynerchuk) VC firm **1** round

[Neu Venture Capital](https://millionrounds.com/fund/neu-venture-capital) VC firm **1** round

[Andrew Boszhardt, Jr.](https://millionrounds.com/fund/andrew-boszhardt-jr) VC firm **1** round

[Kal Vepuri](https://millionrounds.com/fund/kal-vepuri) Angel **1** round

[Summit Action](https://millionrounds.com/fund/summit-action) VC firm **1** round

[Chang Ng](https://millionrounds.com/fund/chang-ng) Angel **1** round

[Kinnevik/ Bessemer](https://millionrounds.com/fund/kinnevik-bessemer) Investment firm **1** round

[Josh Jacobs](https://millionrounds.com/fund/josh-jacobs) Angel **1** round

[Nick Grouf](https://millionrounds.com/fund/nick-grouf) Angel **1** round

[Electrolux](https://millionrounds.com/fund/electrolux) Investment firm **1** round

David Levin no record of our own yet **1** round

Kevin Cheng no record of our own yet **1** round

Richard Eddy no record of our own yet **1** round

Scott Skidmore no record of our own yet **1** round

Sean Brecker no record of our own yet **1** round

Steve Gilchrist no record of our own yet **1** round

Ted Huang no record of our own yet **1** round

Totsachai Asvinvichit no record of our own yet **1** round

Werner Vogels no record of our own yet **1** round

Wildwood Capital UK no record of our own yet **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=karma).

## Quick answers about Karma

### Who invested in Karma?

Karma's investors include BoxGroup, Boldstart Ventures, Techstars, 500 Global and Sequoia Capital, and 33 more on record.

### How much has Karma raised?

Karma has raised $23M across 13 rounds since 2011. 2 rounds did not disclose an amount, so the total is a floor.

### When did Karma last raise?

Karma's most recent round was a Seed of $500K in Apr 2022.

### What was Karma's biggest round?

Karma's largest round on record is $12M (Undisclosed round), in Aug 2018.

### Who backed Karma first?

Karma's first round on record, in Jan 2011, was backed by Sequoia Capital, Kleiner Perkins Caufield & Byers and Felicis and 2 others.

### What stage is Karma at?

Karma's latest named round is a Seed, in Apr 2022.

### Where is Karma based?

Karma is based in the United States.

## Companies like Karma

In the same sector, and raised in the last eighteen months.

[**Amogy** $125M · Oct 2026](https://millionrounds.com/company/amogy)[**LanzaJet** $67M · Oct 2026](https://millionrounds.com/company/lanzajet)[**Pika** $216M · Oct 2026](https://millionrounds.com/company/pika)[**Pivot Energy** $500M · Oct 2026](https://millionrounds.com/company/pivot-energy)[**Peak Energy** $163M · Oct 2026](https://millionrounds.com/company/peak-energy)[**Renew** $207M · Oct 2026](https://millionrounds.com/company/renew)

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