Karma

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.

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

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

• Grant management software
• DAO governance analytics
• Onchain reputation tracking
• Milestone-based funding
• Impact measurement platform

Headquarters

HQ city

Walnut Creek

HQ country

United States

HQ region

North America

Markets served

GTM type

B2B

Offering type

Software

Cost components

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

Revenue model

1. 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.
2. 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

Go-to-market motion3 records

Distribution channels4 records

Marketing channels8 records

Core 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

Named customers13 records

Segments5 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration4 records

AI capability5 records

Feature8 records

Partnerships

Twelve partnerships are on record, tiered core.

• ArbitrumcoreTechnology or IntegrationArbitrum 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.
• GitcoincoreTechnology or IntegrationGitcoin 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.
• CelocoreTechnology or IntegrationCelo 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.
• PolygoncoreTechnology or IntegrationPolygon ecosystem grants program tracked on Karma platform. Part of multi-chain funding program network.
• FilecoincoreTechnology or IntegrationFilecoin ProPGF (Protocol Retroactive Public Goods Funding) grants managed through Karma. Milestone reviewers verify grantee completion. Partnership includes ProPGF Batch 1 and ongoing grantee guides.
• OptimismcoreTechnology or IntegrationCustom delegation dashboard for Optimism token holders. Provides visibility into delegate voting activity, voting history, and delegation stats. AI evaluation deployed for season 8 grants.
• UNICEFcoreTechnology or IntegrationUNICEF Venture Fund provides funding to projects on a biannual basis. Integrated with Karma for milestone tracking and grant management.
• OctantcoreTechnology or IntegrationOctant has integrated Karma into their application. Milestones and updates posted by Octant grantees in Karma are displayed in Octant's platform automatically.
• ScrollcoreTechnology or IntegrationScroll ecosystem grants tracked on Karma platform. Part of multi-chain funding network.
• LiskcoreTechnology or IntegrationLisk ecosystem grants program running on Karma platform.
• Ethereum Attestation Service (EAS)coreTechnology or IntegrationCore infrastructure partner. Karma uses EAS schemas for onchain grant and milestone attestations. Grantees self-report progress directly on blockchain via EAS.
• SafecoreTechnology or IntegrationKarma supports logging in with Safe wallet. Users can authenticate using Safe multisig wallets.

Scale indicators7 records

Recent moves6 records

Expansion highlights4 records

Direct 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

• Xx.com/karmahq_
• GitHubgithub.com/show-karma

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds1 record

Investors1 record

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