Wednesday, July 8, 2015

Karmic Labs Finds $5M

San Francisco-based Karmic Labs, the developer of the Dash Prepaid Mastercard, which is aimed at corporate expense account management, has raised $5M in a Series A funding. The funding was led by Greycroft Partners, and also included Trusted Ventures, Accelerator Ventures, Pipeline VC, Correlation Ventures and others. Karmic Labs is led by Ryan Weidenmiller. Karmic Labs' prepaid Mastercard connects with corporate expense managers, letting them approve purchases via their mobile phone, while on the go. More information »