Karma Currency Foundation

Name

Karma Currency Foundation

Legal name

Goodcompany Enterprises Pty Ltd

Website

https://karmacurrency.com.au

Company type

Private

Founded year

2006

Operating status

Operating

Headcount range

1–10 employees

Ownership category

akta.pro rank

Product category

Workplace Giving / Corporate Philanthropy Platform

NAICS

Grantmaking and Giving Services (81321), Other Grantmaking and Giving Services (813219)

akta.pro primary industry

Federated Giving Organizations (e.g., United Way-type) (BPAGAKAG)

akta.pro secondary industry

Donor-Advised Fund (DAF) Sponsors (BPAGAKAF)

Keywords

• Workplace giving platform
• Charity gift cards
• Corporate philanthropy
• Volunteer matching
• Online fundraising tools

Headquarters

HQ city

South Melbourne

HQ country

Australia

HQ region

Oceania

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

Technology or R&D, Personnel, Operations, Marketing or Sales, Infrastructure

Revenue model

1. Platform transaction processing: Facilitates workplace giving, charity gift cards, volunteering coordination, and fundraising. Revenue appears to come from processing donations and gift card transactions on the platform, serving as an intermediary between donors/employers and registered charities.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels2 records

Core offering

Karma Currency Foundation operates the Good Company workplace giving platform, which enables Australian employees to donate to registered charities via payroll deductions, allows individuals and organizations to purchase charity gift cards/vouchers redeemable as donations, and provides tools for volunteering coordination and personal/group fundraising campaigns. It serves as a digital intermediary connecting employers, employees, registered charities, and individual donors through a unified ecosystem for corporate philanthropy and charitable engagement.

Product overview

GoodCompany operates as a platform-plus-modules architecture built around its core Workplace Giving Platform. The platform enables payroll-based charitable giving, while the Reward, Donating, Volunteering, and Fundraising modules extend functionality to support gift card redemptions, direct donations, volunteer matching, and campaign fundraising respectively. The modules are designed to work together within a unified workplace giving ecosystem, serving both employers offering workplace giving programs and individuals seeking charitable engagement options.

Differentiator

Problem solved

Functional benefit

Products and services

• Workplace Giving Platform

Named customers2 records

Segments3 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators3 records

Recent moves3 records

Expansion highlights3 records

Broad incumbents

• Blackbaud: Large nonprofit software provider encompassing donor management, fundraising, grantmaking, and CSR tools (including YourCause). Broad incumbent in the nonprofit technology ecosystem that overlaps with workplace giving.
• Bonterra: Parent of CyberGrants, Network for Good, and other CSR/social impact software platforms. Broader incumbent in nonprofit and CSR technology where workplace giving is one component of a wider portfolio.
• Workhuman: Broader employee recognition and engagement platform that includes workplace giving as part of its suite. Larger incumbent with overlapping capabilities but focused primarily on recognition rather than pure CSR philanthropy.

Emerging players

• Groundswell: Workplace giving and employee engagement platform focused on enabling corporate giving programs without transaction fees. Emerging peer with comparable product architecture but smaller scale than Benevity or Bonterra.
• Deed: Corporate giving and employee engagement platform offering workplace giving, volunteering, and impact reporting. Emerging peer with similar product surface but US-focused market.

Direct peers

• Bright Funds: Workplace giving and employee engagement platform with HRIS integrations for corporate donation matching and volunteering. Comparable functionality for enterprise CSR programs in the US market.
• Good2Give: Australian workplace giving and donation platform facilitating payroll giving for Australian businesses and charities. The closest domestic competitor given shared geography and workplace giving model.
• Benevity: Leading global workplace giving, volunteering, and grant management platform serving enterprise CSR programs. Direct competitor to the Good Company platform with significantly broader geographic reach and enterprise scale.
• Goodera: Global employee volunteering and corporate giving platform serving enterprises across multiple geographies. Comparable workplace giving and CSR platform architecture with broader international footprint.
• CyberGrants: Corporate giving, grants management, and employee volunteering software platform (now part of Bonterra). Direct competitor in workplace giving and CSR technology with similar employer-focused value proposition.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks5 records

Key highlights5 records

Customer concentration

• Xx.com/KarmaCurrency
• Facebookfacebook.com/karmacurrency
• LinkedInlinkedin.com/company/karma-currency-foundation

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Karma Currency Foundation