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3 Latest Announced Rounds

$1,325.73M Raised in 74 Funding Rounds in the past 7 Days - View All

Funding Round Profile

Karma Wallet

start up
United States - Wake Forest, NC
  • 11/01/2024
  • Unknown
  • $2,000,000

Turn your daily spending into impactful sustainability. Karma Wallet's personal finance technology platform gives users and businesses the data and tools they need to be sustainable.

Through Karma Wallet and the Karma Wallet reloadable prepaid debit card consumers can get personalized data around their carbon footprint, insights into their shopping habits, earn up to 20% cashback, and earn sustainable rewards.

The Karma Wallet Card integrates with our proprietary impact data platform which combines 30+ data sources and millions of data points to rate 15,000+ brands on their social and environmental initiatives.

Learn more at karmawallet.io!


Related People

Jayant KhadilkarCo Founder

Jayant Khadilkar United States - Raleigh, North Carolina

The ability to visualize the big picture and implementing that are my greatest contributions to every business I’ve launched or team I’ve led. For over three decades I’ve applied this awareness with my expertise in risk assessment + technology to advise + invest in teams working towards developing technologies that revolutionize (re)insurance industry + weather forecasting.

My tenure in the insurance/reinsurance business started with helping build AIR, the first catastrophe risk modeling firm that created models to quantify catastrophe risk for insurance and reinsurance companies. I then joined Renaissance Reinsurance in its early days, where I created REMS, a reinsurance risk management, and pricing system. Regarded as a pioneer in the industry, I was surrounded by talented teams of analysts to build a technology-driven solution that changed the way the industry functions, bringing it into the 21st century.

As part of the executive team, I contributed to TigerRisk Partners’ growth from a startup to a dominant reinsurance brokerage + capital market advisory firm. Specially I led the analytics and technology team in creating and commercializing three new disruptive tech platforms. I was a lead negotiator for a joint venture formation for TigerRisk’s partners innovative electronic placement platform that I helped create.

My knowledge and experience in cat risk management, led me to launch a weather forecasting company, Weather Predict. We had a proven track record of providing superior weather forecasts, including short term hurricane direction + intensity forecast along with other weather forecasts. We played a major role in creating a financial market to hedge weather risk for multiple businesses

As a mentor, senior advisor + investor, I have the privilege of supporting businesses that not only provide great services but who do so with a conscious mindset towards our planet and its future.

The culmination of my career + my passion for environmental sustainability came full circle when I co-founded ImpactKarma with my son, Kedar. We equip consumers with credible + transparent information about the environmental + social impacts of the companies they support. Every time a consumer shops online using ImpactKarma web plugin, they align their purchasing power with a positive impact. Entrepreneur, startup, or venture capitalist whose solutions are rooted in conscious practices please reach out, connect, and tell me about your mission, I look forward to changing the world together.