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The Venture Codex

Karman Ventures

311 Bowie Street, Austin, TX, 78703, USA

Overview

Venture capital firm backed by early startup employees.

Founded

2018

Deals ยท 12mo

10

Links

WebsiteLinkedIn

Stage focus

Seed
Series A

Geographic focus

United States

Sector focus

Finance
Financial Services
Venture Capital

Investment portfolio

26rounds
NAMEDATESIZE
Photon
Oct 2026Participated
$5 MSeed
Bluecore Energy
Sep 2026Participated
$40 MSeed
Fambot
Sep 2026Participated
$4 MSeed
Henry AI
Jul 2026Participated
$17 MSeries A
Bluecore Energy
Jul 2026Participated
$10 MSeed
Sancho
Jul 2026Participated
$7 MSeed
BizScout
Apr 2026Participated
$5 MSeed
Valerie Health
Dec 2025Participated
$30 MSeries A
Enough
Dec 2025Participated
$3 MSeed
Momentic
Nov 2025Participated
$15 MSeries A
Orbital Operations
Aug 2025Participated
$9 MSeed
Cascade Space
Jul 2025Participated
$6 MSeed
Photon
Oct 2026Participated
$5 MSeed
Bluecore Energy
Sep 2026Participated
$40 MSeed
Fambot
Sep 2026Participated
$4 MSeed
Henry AI
Jul 2026Participated
$17 MSeries A
Bluecore Energy
Jul 2026Participated
$10 MSeed
Sancho
Jul 2026Participated
$7 MSeed
BizScout
Apr 2026Participated
$5 MSeed
Valerie Health
Dec 2025Participated
$30 MSeries A
Enough
Dec 2025Participated
$3 MSeed
Momentic
Nov 2025Participated
$15 MSeries A
Orbital Operations
Aug 2025Participated
$9 MSeed
Cascade Space
Jul 2025Participated
$6 MSeed
26
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Insights

Time horizon

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Deal Distribution

Karman Ventures: 26 funding rounds are recorded in the selected participation categories.All available history.
Karman Ventures: 26 funding rounds are recorded in the selected participation categories. All available history
Round typeLed dealsParticipated deals
Seed019
Series A05
Series B01
Other Equity01

Monthly Deal Activity

Karman Ventures: 26 deals are recorded across 34 months.All available history.
Karman Ventures: 26 deals are recorded across 34 months. All available history
MonthDeals
Jan '241
Feb '240
Mar '241
Apr '241
May '241
Jun '240
Jul '240
Aug '240
Sep '240
Oct '241
Nov '241
Dec '240
Jan '251
Feb '250
Mar '252
Apr '250
May '253
Jun '251
Jul '252
Aug '251
Sep '250
Oct '250
Nov '251
Dec '252
Jan '260
Feb '260
Mar '260
Apr '261
May '260
Jun '260
Jul '263
Aug '260
Sep '262
Oct '261

Sector Breakdown

Karman Ventures: Enterprise Software is the largest displayed sector by deal count (11 deals).All available history.

A deal can appear in multiple sectors, so sector totals may overlap. Capital represents disclosed total round sizes, not fund cheque sizes.

Karman Ventures: Enterprise Software is the largest displayed sector by deal count (11 deals). All available history
SectorDeals
Enterprise Software11
AI & Machine Learning10
Hardware & Robotics5
Networks, Cloud & Communication4
Professional Services4
Real Estate & Construction3
Space & Frontier Tech3
Developer Tools3
Government & Defense2
Cybersecurity & Privacy2
Data, Analytics & IT2
Transportation & Logistics2
Marketing & Advertising2
Crypto & Blockchain2
Fintech2
Manufacturing2
Health & Life Sciences2
Education & Workforce1
Clean Energy & Sustainability1
Gaming & eSports1
Social & Community Platforms1

Deal Size Distribution

Karman Ventures: 26 rounds have a disclosed size in the displayed size bands.All available history.

Undisclosed round sizes are excluded. Capital represents total round sizes, not fund cheque sizes.

Karman Ventures: 26 rounds have a disclosed size in the displayed size bands. All available history
Round size band (USD)Deals
<$5M6
$5M-$10M9
$10M-$25M8
$25M-$50M2
$50M-$100M1
$100M-$250M0
$250M-$500M0
$500M-$1B0
$1B+0

Deals By Geography

Karman Ventures: United States has the largest recorded deal count among the displayed regions (22 deals).All available history.

Top 5 of 5 regions; European countries are grouped as Europe.

Karman Ventures: United States has the largest recorded deal count among the displayed regions (22 deals). All available history
RegionDeals
United States22
Vietnam1
Bermuda1
Canada1
Europe1
Karman Ventures: 20 co-investors are shown, with Y Combinator sharing 4 recorded deals.All available history.

Co-Investors

Bubble size = shared deals

Click a bubble to open that fund in a new tab.

Shows up to 20 co-investors ranked by shared deals. Deals may be shared with multiple funds, so rows overlap. Capital is total round size, not fund cheque size.

Karman Ventures: 20 co-investors are shown, with Y Combinator sharing 4 recorded deals. All available history
Co-investorShared deals
Y Combinator4
A*3
Andreessen Horowitz3
BoxGroup2
Capital Factory2
General Catalyst2
Harlem Capital2
Hartbeat Ventures2
LMNT Ventures2
Markham Valley Ventures2
Pioneer Fund2
Precursor Ventures2
Share Ventures2
Slauson & Co.2
StoryHouse Ventures2
Visible Hands2
X&2
.406 Ventures1
1Sharpe Ventures1
20Growth1

Investment Strategy

Karman Ventures: Led accounts for 0% and participating for 100% of round participation.All available history.
Karman Ventures: Led accounts for 0% and participating for 100% of round participation. All available history
CategoryDeals (count)Share (%)
Led00%
Participating26100%
Karman Ventures: Single-lead accounts for 0% and co-led for 0% of lead dynamics.All available history.
Karman Ventures: Single-lead accounts for 0% and co-led for 0% of lead dynamics. All available history
CategoryDeals (count)Share (%)
Single-lead00%
Co-led00%

Lead dynamics requires at least one led deal in this range

Team

Amr Alshihabi

General Partner

Wesley Barrow

Partner

William Barnes

General Partner