Karma3 Labs - About the company
Karma3 Labs is a seed company based in Palo Alto (United States), founded in 2022 by and . It operates as a Platform building a ranking & reputation infrastructure using the EigenTrust algorithm. Karma3 Labs has raised $4.5M in funding from Galaxy and IDEO CoLab. The company has 1342 active competitors, including 263 funded and 23 that have exited. Its top competitors include companies like Aptos, R3 and NEAR.
Company Details
Platform building a ranking & reputation infrastructure using the EigenTrust algorithm. Developers can create a ranking and recommendation system for apps using the open protocol and on-chain data. For users of web3, this will help with personalized search, discovery, and recommendation.
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Key Metrics
Founded Year
2022
Location
Palo Alto, United States
Stage
Seed
Total Funding
in 1 round
Latest Funding Round
Investors
Ranked
171st among
Employee Count
as on Dec 31, 2022
Similar Companies
Aptos &
Legal entities associated with Karma3 Labs
Karma3 Labs is associated with 1 legal entity given below:
Legal Entity Name | Date of incorporation | Revenue | Net Profit | Employee Count |
|---|---|---|---|---|
Sep 12, 2014 | $61.4K (as on Dec 31, 2022) | 333 | 687 |
Karma3 Labs's funding and investors
Karma3 Labs has raised a total funding of $4.5M over 1 round. Its latest funding round was a Seed round on Mar 01, 2024 for $4.5M. 11 investors participated in its latest round, which includes Flybridge Capital Partners, Galaxy, IDEO CoLab and Draper Dragon.
Karma3 Labs has 9 institutional investors including Galaxy, IDEO CoLab and Flybridge Capital Partners. Andrew Hong and 1 other are Angel Investors in Karma3 Labs.
Here is the list of recent funding rounds of Karma3 Labs:
Date of funding | Funding Amount | Round Name | Post money valuation | Revenue multiple | Investors |
|---|---|---|---|---|---|
Mar 01, 2024 | $4.5M | Seed | 4963833 | 7485881 | Galaxy, IDEO CoLab, and |
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Karma3 Labs's founders and board of directors
The founders of Karma3 Labs are and .
View details of Karma3 Labs's Founder profiles and Board Members
Karma3 Labs's employee count trend
Karma3 Labs has 1 employees as of Dec 22. The total employee count is the same as what it was in Dec 21. Here is Karma3 Labs's employee count trend over the years:
Uncover Karma3 Labs's growth story! Sign up today!Karma3 Labs's Competitors and alternates
Top competitors of Karma3 Labs include Aptos, R3 and NEAR. Here is the list of Top 10 competitors of Karma3 Labs, ranked by ÃØÃÜÑо¿Ëù score :
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Overall Rank | Company Details | Short Description | Total Funding | Investors | ÃØÃÜÑо¿Ëù Score |
|---|---|---|---|---|---|
1st |  Aptos 2021, Palo Alto (United States), Series A | Provider of protocols for building blockchain-based solutions | $350M | Apollo Investment Corporation, a16zÌý&²¹³¾±è;Ìý | 79/100 |
2nd | R3 2013, New York City (United States), Series A | Blockchain platform for developing Dapps | $112M | Credit Suisse, Bank of AmericaÌý&²¹³¾±è;Ìý | 78/100 |
3rd | NEAR 2017, Zug (Switzerland), Series D | Public blockchain network platform | $542M | a16z, Tiger Global ManagementÌý&²¹³¾±è;Ìý | 76/100 |
4th |  Solana 2010, San Francisco (United States), Series C | Blockchain-based infrastructure for transactions and counting | $374M | a16z, Foundation CapitalÌý&²¹³¾±è;Ìý | 73/100 |
5th |  Ankr 2017, San Francisco (United States), Series C | Web3-native infrastructure platform that specializes in blockchain development and decentralization | $16M | Pantera Capital, DHVCÌý&²¹³¾±è;Ìý | 72/100 |
6th | AVA 2018, Brooklyn (United States), Series B | Blockchain-based public network for the financial industry | $368M | a16z, Plug and Play Tech CenterÌý&²¹³¾±è;Ìý | 71/100 |
7th |  Mysten Labs 2021, Palo Alto (United States), Series B | Blockchain platform offering Web3 infrastructure solutions | $336M | Redpoint Ventures, Apollo Global ManagementÌý&²¹³¾±è;Ìý | 69/100 |
8th |  O(1) Labs 2017, San Francisco (United States), Series A | Provider of a blockchain network | $29.4M | General Catalyst, AccompliceÌý&²¹³¾±è;Ìý | 68/100 |
9th | Chain 2014, San Francisco (United States), Acquired | Application development platform for financial services industry | $39.5M | SV Angel, Khosla VenturesÌý&²¹³¾±è;Ìý | 67/100 |
10th |  DFINITY 2014, Palo Alto (United States), Series C | Blockchain-based public network for building decentralized applications | $163M | 67/100 | |
171st |  2022, Palo Alto (United States), Seed | Platform building a ranking & reputation infrastructure using the EigenTrust algorithm | $4.5M | Flybridge Capital Partners, GalaxyÌý&²¹³¾±è;Ìý | 41/100 |
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Karma3 Labs's Investments and acquisitions
Karma3 Labs has made no investments or acquisitions yet.
Reports related to Karma3 Labs
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