Karma Ventures

Jobbatical OÜ is an Estonian company founded in 2014 that provides an online platform for connecting professionals, such as developers, graphic designers, and marketers, with employers offering short-term employment opportunities. The service enables individuals seeking a combined work and travel experience to find temporary positions while helping employers fill short-term vacancies. Jobbatical also offers immigration and settlement services, streamlining the onboarding process for companies hiring international talent. By facilitating these connections, Jobbatical simplifies the complexities of short-term contracts and global mobility for both job seekers and employers.

Lucinity Holding ehf. is a company that specializes in developing solutions for anti-money laundering (AML) efforts within the financial sector. Founded in 2018 and headquartered in Reykjavík, Iceland, with an office in New York, Lucinity offers a platform called ClearLens. This platform enables AML surveillance teams to identify suspicious behavior patterns, conduct pre-evaluation of cases, review those cases, and generate summaries, while also facilitating the collection of micro-feedback for continuous improvement. Lucinity's innovative approach aims to enhance the efficiency and effectiveness of AML processes for its clients.

DRUID operates an AI-powered chatbot authoring platform designed for enterprises, enabling developers and business users to create, configure, and deploy chatbots that facilitate natural interactions through omnichannel text and voice conversations. The platform features a proprietary natural language understanding engine that identifies user intents, sentiment, and system entities, along with a Connector Designer that integrates seamlessly with various enterprise applications. DRUID provides ready-made chatbots to automate a wide range of processes and supports deployments in on-premise, cloud, and hybrid environments. Serving diverse industries such as sales, banking, insurance, healthcare, human resources, and customer service, DRUID was founded in 2018 and is headquartered in Bucharest, Romania.

Minut is a technology company focused on smart home solutions, specializing in the development of a device called Point. Founded in 2014, with headquarters in Malmö, Sweden and operations in Shenzhen, China, Minut's product is designed to enhance home security by monitoring environmental factors such as noise, temperature, and motion without using cameras. The device employs infrared motion detection and microphones to identify unusual activities and send alerts to users' smartphones. This approach allows homeowners to maintain security and privacy while fostering good neighborly relations, particularly benefiting short-term rental hosts. Minut's technology represents a significant advancement in IoT and smart home management, providing users with peace of mind regarding their properties.

CybExer Technologies OÜ is a joint venture founded by two prominent Estonian companies, BHC Laboratory OÜ and Bytelife Solutions OÜ, each holding a 50% share. The company specializes in developing and commercializing advanced cyber security products, leveraging the expertise of its founding partners. Bytelife Solutions is recognized for its strong capabilities in cyber infrastructure and software development, particularly in executing complex projects, while BHC Laboratory focuses on enhancing cyber capabilities for international and domestic clients. CybExer Technologies offers a sophisticated cyber security platform that provides training services aimed at preparing individuals and organizations for various cyber threats. Its offerings include on-premise, deployable services for technical exercises, innovative exercise environments, and an automated deployment tool, all designed to enhance cyber security preparedness through a novel approach to training.

Modularbank is a cloud-native banking platform that allows to establish a new banking business or digitally transform an existing one. The platform builds next-generation banking experiences both in the retail and business banking landscape. Its API based banking platform follows the microservice architecture and is composed of flexible and independent modules that cover end-to-end everyday banking processes. Modularbank also offers sophisticated and flexible modular-based banking not just to existing banks and challenger banks, but to any business wishing to quickly roll out tailored financial services to their customers. It was founded in 2018 and is based in Tallinn, Estonia.

Infermedica Sp. z o.o is a digital health company based in Wroclaw, Poland, specializing in artificial intelligence solutions for the healthcare sector. Founded in 2012, the company offers a range of AI-powered tools designed to improve diagnostic accuracy and enhance patient care. Its products include a suite of applications such as HealthLoop, which monitors patient recovery, Healthform for pre-visit health assessments, and Symptomate, a symptom checker that helps users identify potential health conditions before consulting a physician. Infermedica's technologies aim to address issues related to inappropriate medical service use and misdiagnosis, benefiting insurance companies, hospitals, and health systems. The company collaborates with over 50 partners, including major organizations, and has served more than 6 million users globally. Infermedica's commitment to accuracy is underscored by the involvement of physicians who review the medical database, ensuring reliable recommendations. With a growing team and products available in 17 languages, Infermedica is focused on expanding its market presence, particularly in the United States and Europe, supported by recent funding to enhance its technology and outreach.

Wirepas Ltd. specializes in wireless communication solutions designed for the Internet of Things (IoT). Founded in 2010 and based in Tampere, Finland, the company has developed Pino, a unique multi-hop mesh network solution. This innovative connectivity option provides deterministic performance, local radio adaptability, and high reliability, addressing key challenges faced by IoT platforms. Wirepas supports its clients throughout the entire process, from design to product delivery, offering pre-integrated and tested reference implementations along with a comprehensive suite of support tools. The company's vision is to empower customers to achieve profitable large-scale operations in the rapidly growing IoT market.

Sonarworks Ltd. is a software company based in Riga, Latvia, founded in 2012. It specializes in sound calibration technology that enhances audio quality on various headphones and speakers without any physical modifications. The company's flagship products include Reference 4, which is tailored for studio use and offers both studio and headphone editions, and True-Fi, designed for general listeners. Sonarworks' software is utilized by professional recording studios worldwide, with over 3,000 studios employing its technology to ensure accurate sound reproduction. The company emphasizes bridging the gap between sound creators and listeners by eliminating noise shortcomings and enabling users to experience music as intended by the artists. Sonarworks distributes its software online and through dealers, contributing to its international reach and influence in the audio industry.

CGTrader operates an online marketplace that connects 3D artists and engineers, allowing them to buy, sell, and share 3D models. Founded in 2011 and based in Vilnius, Lithuania, CGTrader offers a wide range of textured, rigged, and animated 3D models suitable for various applications, including 3D printing, animation, film, architecture, advertising, and gaming. The marketplace features over 800,000 3D models across diverse categories, such as vehicles, characters, architecture, and industrial objects, supported by a community of nearly two million users, including skilled designers. Additionally, CGTrader provides enterprise solutions to help businesses convert 2D images into photorealistic 3D models for augmented reality, enhancing customer experiences and improving sales conversions. With a vast network of designers, CGTrader is well-equipped to deliver 3D content tailored to the needs of various industries.

Xolo is focusing on 40 million professionals globally who have chosen to run their business independently. Its aim is to reduce time spent on business administration to near zero by offering an incredibly simple online platform that merges company formation, banking, accounting, and other services. Xolo is the quickest and easiest way to launch and run a one-person freelancing business in Europe. Its largest markets are Germany, Spain, France, the UK, Ukraine, and Turkey. Xolo's typical customers are software developers, management consultants, designers, or other independent professionals.

Infermedica Sp. z o.o is a digital health company based in Wroclaw, Poland, specializing in artificial intelligence solutions for the healthcare sector. Founded in 2012, the company offers a range of AI-powered tools designed to improve diagnostic accuracy and enhance patient care. Its products include a suite of applications such as HealthLoop, which monitors patient recovery, Healthform for pre-visit health assessments, and Symptomate, a symptom checker that helps users identify potential health conditions before consulting a physician. Infermedica's technologies aim to address issues related to inappropriate medical service use and misdiagnosis, benefiting insurance companies, hospitals, and health systems. The company collaborates with over 50 partners, including major organizations, and has served more than 6 million users globally. Infermedica's commitment to accuracy is underscored by the involvement of physicians who review the medical database, ensuring reliable recommendations. With a growing team and products available in 17 languages, Infermedica is focused on expanding its market presence, particularly in the United States and Europe, supported by recent funding to enhance its technology and outreach.

Lucinity Holding ehf. is a company that specializes in developing solutions for anti-money laundering (AML) efforts within the financial sector. Founded in 2018 and headquartered in Reykjavík, Iceland, with an office in New York, Lucinity offers a platform called ClearLens. This platform enables AML surveillance teams to identify suspicious behavior patterns, conduct pre-evaluation of cases, review those cases, and generate summaries, while also facilitating the collection of micro-feedback for continuous improvement. Lucinity's innovative approach aims to enhance the efficiency and effectiveness of AML processes for its clients.

AppGyver is the provider of innovative tools for no-code development suitable for novice and seasoned developers alike. AppGyver creates user-friendly, business driven tools for rapid app creation. AppGyver Composer lets companies and developers create and distribute sophisticated business to business and business to employee apps. AppGyver's tools are trusted by over 200,000 users and Fortune 500 companies.

MeetFrank OÜ, also known as secret, owns and operates recruitment application that uses machine learning and chatbot wrapper for passive job hunting and talent-to-vacancy matching. The application connects companies intending to fill their job vacancies with talented job seekers. The company provides its services to companies in Estonia, Finland, Sweden, Latvia, Lithuania, and Germany. MeetFrank OÜ was founded in 2017 and is based in Tallinn, Estonia.

Commsignia Ltd. researches, develops, manufactures, and distributes cooperative intelligent transportation systems. It offers vehicle-to-vehicle and vehicle-to-infrastructure communication technologies; and various connected car solutions; Commsignia V2X Software Stack, an embedded solution that provides a modular framework and small footprint for various resource-constrained target platforms. The company was founded in 2012 and is based in Budapest, Hungary.

Minut is a technology company focused on smart home solutions, specializing in the development of a device called Point. Founded in 2014, with headquarters in Malmö, Sweden and operations in Shenzhen, China, Minut's product is designed to enhance home security by monitoring environmental factors such as noise, temperature, and motion without using cameras. The device employs infrared motion detection and microphones to identify unusual activities and send alerts to users' smartphones. This approach allows homeowners to maintain security and privacy while fostering good neighborly relations, particularly benefiting short-term rental hosts. Minut's technology represents a significant advancement in IoT and smart home management, providing users with peace of mind regarding their properties.

Xolo is focusing on 40 million professionals globally who have chosen to run their business independently. Its aim is to reduce time spent on business administration to near zero by offering an incredibly simple online platform that merges company formation, banking, accounting, and other services. Xolo is the quickest and easiest way to launch and run a one-person freelancing business in Europe. Its largest markets are Germany, Spain, France, the UK, Ukraine, and Turkey. Xolo's typical customers are software developers, management consultants, designers, or other independent professionals.

Realeyes Data Services Ltd., an emotions research company, provides web-based facial expression measurement solutions for video advertisements. The company’s solutions enable users to read how people feel about their video advertisements using computer vision. It offers Tentpole Creative, Digital Content, Live Interaction, consumer insight, and creative performance. The company was founded in 2007 and is headquartered in London, United Kingdom with additional offices in New York, New York; Tokyo, Japan; and Budapest, Hungary.

Infermedica Sp. z o.o is a digital health company based in Wroclaw, Poland, specializing in artificial intelligence solutions for the healthcare sector. Founded in 2012, the company offers a range of AI-powered tools designed to improve diagnostic accuracy and enhance patient care. Its products include a suite of applications such as HealthLoop, which monitors patient recovery, Healthform for pre-visit health assessments, and Symptomate, a symptom checker that helps users identify potential health conditions before consulting a physician. Infermedica's technologies aim to address issues related to inappropriate medical service use and misdiagnosis, benefiting insurance companies, hospitals, and health systems. The company collaborates with over 50 partners, including major organizations, and has served more than 6 million users globally. Infermedica's commitment to accuracy is underscored by the involvement of physicians who review the medical database, ensuring reliable recommendations. With a growing team and products available in 17 languages, Infermedica is focused on expanding its market presence, particularly in the United States and Europe, supported by recent funding to enhance its technology and outreach.

Sonarworks Ltd. is a software company based in Riga, Latvia, founded in 2012. It specializes in sound calibration technology that enhances audio quality on various headphones and speakers without any physical modifications. The company's flagship products include Reference 4, which is tailored for studio use and offers both studio and headphone editions, and True-Fi, designed for general listeners. Sonarworks' software is utilized by professional recording studios worldwide, with over 3,000 studios employing its technology to ensure accurate sound reproduction. The company emphasizes bridging the gap between sound creators and listeners by eliminating noise shortcomings and enabling users to experience music as intended by the artists. Sonarworks distributes its software online and through dealers, contributing to its international reach and influence in the audio industry.

MeetFrank OÜ, also known as secret, owns and operates recruitment application that uses machine learning and chatbot wrapper for passive job hunting and talent-to-vacancy matching. The application connects companies intending to fill their job vacancies with talented job seekers. The company provides its services to companies in Estonia, Finland, Sweden, Latvia, Lithuania, and Germany. MeetFrank OÜ was founded in 2017 and is based in Tallinn, Estonia.

Realeyes Data Services Ltd., an emotions research company, provides web-based facial expression measurement solutions for video advertisements. The company’s solutions enable users to read how people feel about their video advertisements using computer vision. It offers Tentpole Creative, Digital Content, Live Interaction, consumer insight, and creative performance. The company was founded in 2007 and is headquartered in London, United Kingdom with additional offices in New York, New York; Tokyo, Japan; and Budapest, Hungary.

CGTrader operates an online marketplace that connects 3D artists and engineers, allowing them to buy, sell, and share 3D models. Founded in 2011 and based in Vilnius, Lithuania, CGTrader offers a wide range of textured, rigged, and animated 3D models suitable for various applications, including 3D printing, animation, film, architecture, advertising, and gaming. The marketplace features over 800,000 3D models across diverse categories, such as vehicles, characters, architecture, and industrial objects, supported by a community of nearly two million users, including skilled designers. Additionally, CGTrader provides enterprise solutions to help businesses convert 2D images into photorealistic 3D models for augmented reality, enhancing customer experiences and improving sales conversions. With a vast network of designers, CGTrader is well-equipped to deliver 3D content tailored to the needs of various industries.

Sonarworks Ltd. is a software company based in Riga, Latvia, founded in 2012. It specializes in sound calibration technology that enhances audio quality on various headphones and speakers without any physical modifications. The company's flagship products include Reference 4, which is tailored for studio use and offers both studio and headphone editions, and True-Fi, designed for general listeners. Sonarworks' software is utilized by professional recording studios worldwide, with over 3,000 studios employing its technology to ensure accurate sound reproduction. The company emphasizes bridging the gap between sound creators and listeners by eliminating noise shortcomings and enabling users to experience music as intended by the artists. Sonarworks distributes its software online and through dealers, contributing to its international reach and influence in the audio industry.

Minut is a technology company focused on smart home solutions, specializing in the development of a device called Point. Founded in 2014, with headquarters in Malmö, Sweden and operations in Shenzhen, China, Minut's product is designed to enhance home security by monitoring environmental factors such as noise, temperature, and motion without using cameras. The device employs infrared motion detection and microphones to identify unusual activities and send alerts to users' smartphones. This approach allows homeowners to maintain security and privacy while fostering good neighborly relations, particularly benefiting short-term rental hosts. Minut's technology represents a significant advancement in IoT and smart home management, providing users with peace of mind regarding their properties.

AppGyver is the provider of innovative tools for no-code development suitable for novice and seasoned developers alike. AppGyver creates user-friendly, business driven tools for rapid app creation. AppGyver Composer lets companies and developers create and distribute sophisticated business to business and business to employee apps. AppGyver's tools are trusted by over 200,000 users and Fortune 500 companies.

TrademarkNow™ is a product of Onomatics Inc., a legal technology powerhouse specializing in intellectual property law. With decades of experience to draw from, TrademarkNow is comprised of seasoned professionals in both the software industry and intellectual property law.

SpectX OÜ, established in 2017 and based in Tallinn, Estonia, offers a robust browser-based analytics platform designed for various data analysis needs, including log analysis, incident analysis, and data processing automation. The platform accommodates unlimited machine data from on-premises, cloud, or public sources, allowing users to analyze complex and real-time modified datasets while preserving their original form. SpectX features an intuitive SQL-like query language and its own Pattern Matching Language, enabling users to conduct sophisticated analyses such as dataset joins, aggregations, and correlation analysis across various data formats. The platform supports easy integration with existing applications and scripts via a REST API. Its high-speed performance enhances the user experience, eliminating common issues such as parsing errors and streamlining the process of saving and sharing queries within organizations.

Adaptive Simulations offers a cloud-based service (SaaS), providing customers with fully automated flow simulations. It's automated cloud-solution increases accuracy, flexibility and cost efficiency when simulating flow. The accessibility and ease of use of the solution enables designers and architects without any prior knowledge of Computational Fluid Dynamics (CFD) or simulations to accelerate and improve their design.

Plumbr makes Java applications faster and more reliable. It builds upon world class algorithms (patent pending) and crowd sourced knowledge base to effectively verify that your Java Java application does not have performance bottlenecks. It understands the architecture of the monitored application and interprets metrics in the context of that application. Should the application have performance threats, Plumbr's unique approach traces the reasons down to source code or environment configuration and creates human readable detailed instructions that help engineers solve the problems fast. Without Plumbr, such problems typically take weeks of engineering effort to understand and fix.