Carma Technology
World leader in technology for encouraging, rewarding and verifying high-occupancy transportation.
World leader in technology for encouraging, rewarding and verifying high-occupancy transportation.
Carma Technology is a leading player in technology for promoting, rewarding, and authenticating high-occupancy transportation. With a focus on smartphone technology for HOV verification, GPS tolling, road user charging, and dynamic road pricing, the company has been a trusted partner of government agencies for over a decade. Carma's patented technology has successfully verified tens of millions of road transactions, bringing about time and cost savings for commuters. Its latest app, GoCarma, has garnered a user base of over 40,000 daily commuters, allowing them to qualify for HOV toll discounts on Dallas-Fort Worth TEXpress Lanes during weekday peak periods. The company, founded in 2007 and based in the United States, attracted a Convertible Note investment on 15 July 2022, with the investment coming from SOSV.
| Funding Stage | Amount | No. Investors | Investors | Date |
|---|---|---|---|---|
| Convertible Note | Unknown | 1 |
|
15 Jul 2022 |
| Convertible Note | Unknown | 1 |
|
27 Sep 2021 |
| Debt Financing | Unknown | 2 |
|
05 Feb 2020 |
| Convertible Note | Unknown | 1 |
|
12 Nov 2019 |
| Series B | Unknown | 1 |
|
31 Dec 2018 |
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