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Karma Wallet
Karma Wallet is a personal finance technology platform founded in 2019 in Wake Forest, North Carolina. It operates in the financial technology sector, serving...
Karma Wallet
Karma Wallet is a personal finance technology platform founded in 2019 in Wake Forest, North Carolina. It operates in the financial technology sector, serving the personal finance and business sectors. Formerly known as ImpactKarma, the company offers services for sustainable spending practices.
General information
Firm type
Family Office
Year founded
—
AUM
Undisclosed
Location
Region
North America
Country
United States
City
Wake Forest
Corporate office
Wake Forest, NC, United States
Frequently asked questions
Who runs investment decisions at Karma Wallet?
No named principals or investment committee members appear in any public filing, website content, or media report linked to Karma Wallet. The entity operates without a visible leadership roster, which is atypical for a US-based family office. Direct inquiry with the firm would be required to identify the decision-making structure.
Is Karma Wallet structured as a single family office or does it operate more like a venture firm?
The entity's exact legal structure is not disclosed in public records. Its name and Wake Forest, North Carolina registration suggest a closely held investment vehicle rather than a third-party venture fund, but no regulatory filings or marketing materials confirm this. It does not publicly solicit outside capital, which is consistent with single-family office treatment under SEC rules, though this is inferential rather than confirmed.
Does Karma Wallet participate in fund commitments or only direct deals?
No information is publicly available regarding Karma Wallet's approach to fund commitments versus direct investments. No LP commitments to external funds, co-investment activity, or direct portfolio company stakes have been reported. The firm's investment vehicle preferences remain unknown.
What investment stages or sectors does Karma Wallet target?
Karma Wallet has not publicly disclosed any sector focus, stage preference, or investment thesis. The firm's name may hint at ethical, sustainable, or impact-oriented investing, but this is conjectural without supporting evidence from the firm's own materials or third-party reporting. No sector tags can be verified.
Where does Karma Wallet's capital come from?
The source of Karma Wallet's capital has not been disclosed. No founding family, operating business exit, or wealth-origin narrative is documented in public sources. The entity's North Carolina registration provides no clue about the underlying beneficiary or capital base.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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