Karmic Labs develops the Dash App and acts as program manager for the Dash Prepaid MasterCard. Led by CEO and co-founder Ryan Weidenmiller, Dash is available in the App Store as GetDash and in Google Play as Dash. Early traction includes successful beta trials and a partnership with FIS, a large provider of core banking software. The company previously raised $2.7M in seed funding from Draper Associates. Karmic intends to use newly raised funds to enhance the product and expand Dash’s market presence. In conjunction with the financing, Mark Terbeek of Greycroft Partners joined Karmic’s board of advisors.

Total raised

$5M

Funding rounds

1

Latest round

Series A

Latest activity

Jul 2015