Fintech startup Karmic Labs raises $5 mln, Greycroft leads

San Francisco-based Karmic Labs, developer of a payment processing system, announced that it has raised a $5 million Series A round of funsing led by Greycroft Partners. Karmic Labs CEO and co-founder Ryan Weidenmiller told peHUB that other investors in the round include Trusted Ventures, Accelerator Ventures, Pipeline VC, Correlation Ventures and individual investor Iqram Magdon-Ismail.

8 July 2015•4 mins read
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