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Acquired byFacebook
Date5/2012

General Information

Offices

San Francisco, USA
120 2nd St
4th Floor
San Francisco, CA, 94105
USA

People

Founder
Angel Investor
Investor

Funding

TOTAL $2.3M
FUNDING TOTAL $2.3M
Venture Round, 1/2011
Sequoia Capital
Kleiner Perkins Caufield & Byers
Gary Vaynerchuk
CrunchFund
Felicis Ventures
Convertible Note, 11/2011
BoxGroup
$2.3M
Convertible Note, 11/2013
BoxGroup

Competitors

Tags

Karma

Karma, a new social, mobile gifting service from the founder of TapJoy, Founded by Lee Linden, and Ben Lewis; Karma aims to give users the option to give friends gifts on the go via iOS and Android apps.

While there are a number of mobile, social gifting apps on the market, Karma’s service combines intelligence, social discovery, and the easy of gift giving in a sleek app that’s definitely worth a look.

Recent Milestones

  • Dollar
    Karma received in Convertible Note funding. (11/18/13)
    Posted 12/13/13 at 3:36pm
  • Handshake
    Karma was acquired by Facebook. (5/18/12)
    Posted 8/31/12 at 4:27am via fastcompany.com
  • Dollar
    Karma received $2.3M in Convertible Note funding. (11/14/11)
    Posted 9/19/13 at 1:32am via sec.gov
  • Check
    Karma added Cyriac Roeding as Angel Investor. (6/1/11)
    Posted 2/4/13 at 9:05pm
  • Check
    Karma added Lee Linden as Founder. (1/1/11)
    Posted 4/5/12 at 9:08pm
  • Dollar
    Karma received in Venture Round funding. (1/1/11)
    Posted 2/27/12 at 10:04pm via techcrunch.com
  • Check
    Karma added Ben Lewis as Founder.
    Posted 4/5/12 at 9:08pm

Videos

Screenshots

Karma screenshot
Above: Home Page
Uploaded: 2/28/12

Sources

  1. Facebook Acquires Karma (fastcompany.com) [edit]
  2. Sequoia, Kleiner Perkins, And Obvious Put $4.5M In Sleek Social, Mobile Gifting Platform Karma (techcrunch.com) [edit]
  3. SEC (sec.gov) [edit]
  4. VC Funding: 2014 Source [edit]
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Last Edited 4/12/14

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