Karma Ventures

European VC firm investing in deep-tech software startups.

Available information varies by company and source.

Profile record updated:

Company facts

Official name
Karma Ventures II OÜ
Entity type
COMPANY
Founded
2021
Headquarters
Narva mnt 7b, 10117 Tallinn, Estonia
Company size
<10
Market role
Private Equity, VC & Investor
Official website
karma.vc

What Karma Ventures does

The company operates as a venture capital manager. It raises pooled investment capital from limited partners, deploys that capital into selected early-stage software companies, supports portfolio growth through founder and operator networks, and seeks returns through follow-on value creation and portfolio exits. Value is created by sourcing differentiated deals, selecting companies with strong graduation potential, and improving portfolio outcomes through active support.

Category differentiation

This company is a venture capital firm and fund management entity, not a software vendor or adtech platform. It should also be distinguished from portfolio companies or other VC brands referenced in mixed source material.

Strategic context

AI-supported assessment from the existing company research; distinguish interpretation from sourced facts.

Karma Ventures II OÜ, trading as Karma Ventures, is a private venture capital firm based in Tallinn, Estonia. It invests in European deep-tech software startups at late seed and Series A, with typical initial cheque sizes of €1M to €5M. The firm manages capital on behalf of its fund investors and concentrates on sourcing, backing, and supporting high-potential founders across Europe, with a clear regional emphasis on the Nordics and Baltics. Its business model is that of a VC fund manager: it raises investment vehicles, deploys capital into portfolio companies, and earns management fees and carried interest tied to fund performance. Its direct customers are limited partners allocating capital to venture funds, while its operating users are startup founders seeking equity financing and strategic support.

Business model & monetisation

The firm monetises through standard venture capital economics: recurring fund management fees charged on committed or managed capital, and carried interest earned from realised investment gains on successful exits. Its commercial model is not SaaS or transactional software; revenue depends on fund size, portfolio appreciation, and liquidity events over multi-year fund cycles.

Fund management fees
Service Fee
Carried interest on realised investment gains
Percentage Take-Rate
Other operating income

Products & capabilities

No products with linked sources are available in this view.

Recent recorded signals

Dates refer to the source publication. Older entries are historical context, not evidence of a new event.

No sufficiently sourced and dated signals are available for this view.

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Questions about Karma Ventures

What is Karma Ventures?

Karma Ventures is a private European venture capital firm based in Estonia that invests in deep-tech software startups at late seed and Series A.

Who uses Karma Ventures?

Its primary users are startup founders seeking equity financing and support, and limited partners allocating capital to venture funds.

How does Karma Ventures make money?

It makes money through venture fund management fees and carried interest generated from successful portfolio exits and investment appreciation.

Sources & coverage

This profile uses public, official and technically observable information. Missing information does not prove that a product or relationship does not exist. The list below does not imply that every profile statement has been verified.

17 publicly documented primary sources and citations linked across the market graph.

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