Karma
Karma is a Web3 funding accountability and DAO governance platform that helps foundations, ecosystems, and donor advisors run grant programs, evaluate applications via AI, track milestones onchain, and analyze DAO delegate and contributor activity across eight blockchain networks.
- Company typePrivate
- Founded2021
- HeadquartersWalnut Creek, United States
- Headcount1–10
- GTM typeB2B
- OfferingSoftware
What Karma does
Karma is a Web3 funding accountability and DAO governance analytics platform that enables foundations, ecosystems, and donor advisors to run grant programs, evaluate applications, disburse milestone-gated funds, and measure impact from a unified interface. Its core products include Karma GAP (a grant management platform with AI-powered application evaluation and onchain milestone tracking via the Ethereum Attestation Service), Karma Delegates (DAO governance analytics covering delegate dashboards, contributor leaderboards, and Discourse forum plugins), and Nonprofit Research (a 501(c)(3) due-diligence tool for donor advisors producing composite-scored shortlists). The platform is deployed across eight blockchain networks (Optimism, Arbitrum, Polygon, Base, Celo, Scroll, Lisk, Sei) and serves 30+ funding programs and 25+ DAOs, including Arbitrum, Gitcoin, Celo, Optimism, Filecoin, Polygon, UNICEF Venture Fund, ENS, Octant, and Scroll.
The underlying architecture combines onchain attestations (EAS) for immutable grant and milestone records, a REST API v2 for developer integration, and AI agents for application pre-scoring, risk flagging, and board-ready impact reporting aligned with the Common Impact Data Standard. Karma's go-to-market is hybrid: a self-serve product-led motion for builders and smaller organizations at karmahq.xyz, enterprise field sales via demo scheduling for foundations and ecosystems, and community-led distribution through DAOs. Revenue is generated through enterprise SaaS subscriptions for grant program management, evaluation, and reporting, plus customization and white-label hosting for governance dashboards; pricing is quote-based and not publicly disclosed. The company reports 1-10 employees and a single disclosed Boost VC seed round in 2022, with the rest of the capital structure undisclosed.
Karma firmographics
Firmographics- Name
- Karma
- Legal name
- Karma
- Website
- https://karmahq.xyz
- Company type
- Private
- Founded year
- 2021
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Karma is a Web3 funding accountability and DAO governance platform that helps foundations, ecosystems, and donor advisors run grant programs, evaluate applications via AI, track milestones onchain, and analyze DAO delegate and contributor activity across eight blockchain networks.
- Ownership category
- akta.pro rank
Karma industry classification
Industry- Product category
- Grant Management and DAO Governance Software
- NAICS
- Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (5182), Grantmaking and Giving Services (81321)
- SIC
- Services-Prepackaged Software (7372), Services-Computer Programming, Data Processing, Etc. (7370)
- akta.pro primary industry
- Grants, Funding & Budget Allocation Platforms (FSAPAHAE)
- akta.pro secondary industries
- Governance Frameworks & DAO Tooling (modules, templates, standards) (FSAPAHAC), Governance Analytics, Reporting & Transparency Dashboards (FSAPAHAI), Coordination & Contributor Management (tasks, bounties, roles) (FSAPAHAD), Delegation, Representation & Voting Power Markets (FSAPAHAG)
Keywords
Where Karma is headquartered
LocationHeadquarters
- HQ city
- Walnut Creek
- HQ country
- United States
- HQ region
- North America
Markets served
Karma business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Marketing or Sales, Operations, Infrastructure
Revenue model
- Platform SaaS Subscription: AI-powered funding software for foundations and ecosystems. Organizations use Karma to run grants, hackathons, and RFPs. Revenue from platform subscriptions for grant program management, evaluation, tracking, and reporting features.
- Enterprise Customization & Hosting: Governance dashboards can be fully customized and hosted at any domain/subdomain. Custom scoring algorithms and reporting configurations. White-label options available.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Annual | Enterprise foundation platform |
Go-to-market motion3 records
Distribution channels4 records
Marketing channels8 records
Karma product offering
Product offeringCore offering
Karma operates a Web3 platform that enables foundations and ecosystems to run grant programs, hackathons, and RFPs with AI-powered application evaluation, milestone-gated fund disbursement, and Common Impact Data Standard-aligned impact reporting. The platform also provides DAO governance analytics including delegate dashboards, contributor leaderboards, and contributor tracking across on-chain and off-chain systems. Both offerings share an onchain data layer built on the Ethereum Attestation Service, with a separate Nonprofit Research product serving donor advisors researching 501(c)(3) organizations.
Product overview
Karma is a dual-product platform for funding transparency and DAO governance. Karma GAP serves as the core grant management platform enabling organizations to run funding programs (grants, hackathons, RFPs) with AI-powered evaluation, milestone tracking, and impact reporting. Karma Delegates provides governance analytics tools for DAOs including delegate dashboards, contributor leaderboards, and operations automation. The products share a unified data layer on the blockchain via the Grantee Accountability Protocol (GAP), supporting Optimism, Arbitrum, Polygon, Base, Celo, Scroll, Lisk, and Sei networks.
Differentiator
Problem solved
Functional benefit
Brands
- Karma GAP (Grantee Accountability Protocol): Onchain protocol for grant reporting, milestone tracking, and project reputation management
- Karma Governance Tools
- Karma Nonprofit Research
- Karma Delegates
Products and services
- Karma GAP (Grantee Accountability Protocol) Core funding platform enabling foundations and ecosystems to run grants, hackathons, and RFPs with intake forms, AI-powered application evaluation, milestone-gated disbursement, and board-ready impact reporting. Builders create onchain project profiles, post milestones, and earn portable reputation. Supports Optimism, Arbitrum, Polygon, Base, Celo, Scroll, Lisk, and Sei networks.
- Nonprofit Research
Quantifiable outcome
- 70% reduction in grant application review time
- +5 more outcomes
Companies that use Karma
Customer profileNamed customers13 records
Segments5 records
Ideal customer profiles4 records
Karma technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration4 records
AI capability5 records
Feature8 records
Karma partnerships and signals
Strategic signalPartnerships
Twelve partnerships are on record, tiered core.
- ArbitrumcoreArbitrum runs its ecosystem grants program on Karma platform. Grantees create project profiles, post milestones, and receive funding tracking. Part of 30+ funding programs on Karma.
- GitcoincoreGitcoin has integrated Karma into their application. Project milestones added in Karma automatically display on corresponding Gitcoin project pages. Steward health cards dashboard hosted on Karma platform.
- CelocoreCelo runs multiple funding programs on Karma including Proof of Ship (monthly builder rewards) and Proof of Impact (rewards based on gas fees generated). 850+ grants and 3,600+ milestones tracked.
- PolygoncorePolygon ecosystem grants program tracked on Karma platform. Part of multi-chain funding program network.
- FilecoincoreFilecoin ProPGF (Protocol Retroactive Public Goods Funding) grants managed through Karma. Milestone reviewers verify grantee completion. Partnership includes ProPGF Batch 1 and ongoing grantee guides.
- OptimismcoreCustom delegation dashboard for Optimism token holders. Provides visibility into delegate voting activity, voting history, and delegation stats. AI evaluation deployed for season 8 grants.
- UNICEFcoreUNICEF Venture Fund provides funding to projects on a biannual basis. Integrated with Karma for milestone tracking and grant management.
- OctantcoreOctant has integrated Karma into their application. Milestones and updates posted by Octant grantees in Karma are displayed in Octant's platform automatically.
- ScrollcoreScroll ecosystem grants tracked on Karma platform. Part of multi-chain funding network.
- LiskcoreLisk ecosystem grants program running on Karma platform.
- Ethereum Attestation Service (EAS)coreCore infrastructure partner. Karma uses EAS schemas for onchain grant and milestone attestations. Grantees self-report progress directly on blockchain via EAS.
- SafecoreKarma supports logging in with Safe wallet. Users can authenticate using Safe multisig wallets.
Scale indicators7 records
Recent moves6 records
Expansion highlights4 records
Karma competitors and assessment
Company assessmentDirect peers
- Dework: Dework is a Web3-native task and bounty board used by DAOs to coordinate contributor work. It directly overlaps with Karma's contributor aggregation and governance-mining workflows.
- Snapshot: Snapshot is the dominant off-chain DAO voting platform and an ecosystem peer for governance analytics. Karma's delegation dashboards compete for the same governance visibility budget inside DAOs that Snapshot already serves.
- Tally: Tally provides onchain DAO governance dashboards and voting infrastructure, competing with Karma's governance analytics suite for the same DAO operations and delegate tooling budgets.
- DeepDAO: DeepDAO offers analytics on DAO treasury, participation, and governance, directly overlapping with Karma Delegates' analytics positioning for the same DAO and grantor audience.
- Coordinape: Coordinape distributes contributor rewards peer-to-peer in DAOs. It overlaps with Karma's contributor scoring and governance-mining use cases (e.g., Idle Finance's $24k/month reward distribution).
- Gitcoin: Gitcoin operates one of the largest Web3 grant platforms (Gitcoin Grants) and has its own Grants Stack tooling. It is both a customer and a competitor to Karma, as it builds overlapping capability for funding-program management and ecosystem funding coordination.
- Boardroom: Boardroom is a DAO governance management platform with dashboards for proposals, voting, and treasury. It targets the same DAO operations persona as Karma's governance product.
Emerging players
- Layer3: Layer3 runs quests, rewards, and ecosystem education programs that touch grant distribution and contributor engagement, competing for a slice of the same ecosystem-funds operations budget.
- Wonderverse: Wonderverse (formerly Wonder) builds DAO contributor tools and coordination products. It overlaps with Karma's contributor and governance mining feature set in a comparable segment.
- Questbook: Questbook provides grant management tooling for Web3 ecosystems, including application intake, milestone tracking, and payouts. It is a direct functional peer to Karma GAP for emerging ecosystems.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Karma social profiles
Digital presenceKarma financial estimates
Financial estimateRevenue estimate
Valuation estimate
Karma leadership team
Management profileNumber of profiles
Profiles1 record
Karma funding detail
Funding detailFunding overview
Funding rounds1 record
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Karma M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Karma
What does Karma do?
Karma operates a Web3 platform that enables foundations and ecosystems to run grant programs, hackathons, and RFPs with AI-powered application evaluation, milestone-gated fund disbursement, and Common Impact Data Standard-aligned impact reporting. The platform also provides DAO governance analytics including delegate dashboards, contributor leaderboards, and contributor tracking across on-chain and off-chain systems. Both offerings share an onchain data layer built on the Ethereum Attestation Service, with a separate Nonprofit Research product serving donor advisors researching 501(c)(3) organizations.
Is Karma a public or private company?
Karma is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Karma founded?
Karma was founded in 2021. It employs 1 to 10 people.
Where is Karma based?
Karma is headquartered in Walnut Creek, United States, in the North America region.
How does Karma make money?
Two revenue lines are on record. Platform SaaS Subscription is the primary driver. The others are enterprise Customization & Hosting.
Who are Karma's main competitors?
Direct peers on record are Dework, Snapshot, Tally, DeepDAO, Coordinape, Gitcoin and Boardroom. Emerging players are Layer3, Wonderverse and Questbook.
Does Karma have an API?
Yes. REST API for projects, communities, grants, and attestations. API v2 is the current version; v1 is deprecated. Developer documentation is at gapapi.karmahq.xyz/v2/docs.
What industry is Karma in?
Karma's product category is Grant Management and DAO Governance Software. Its primary akta.pro industry code is FSAPAHAE, Grants, Funding & Budget Allocation Platforms, with a secondary code of FSAPAHAC, Governance Frameworks & DAO Tooling (modules, templates, standards). Its NAICS code is 5182 and its SIC code is 7372.