Karma Closes $25M Series A Funding Round
- Karma, a Tel Aviv, Israel-based browser-based AI shopping assistant and shopping network, closed a $25M Series-A funding
- The round was led by Target Global followed by MoreTech Ventures, with participation from existing investors including NFX and Altair Capital
- The company will use the funding to grow its team, double down on AI, machine learning and predictive analytics, scale its userbase, and expand into adjacent market opportunities
- The company provides a smart digital shopping assistant that offers an AI-powered shopping tool in one universal app across all devices
- It empowers consumers’ shopping decisions through a clever shopping planner, automatic coupon finder, cash rewards, price/inventory tracking with more innovative features in the works
