Y Combinator-backed fintech Karbon Card raises $15 Mn; plans transition into Neobank by CY22
Image Credit: Inc42
Y Combinator-backed corporate expense management platform Karbon Card has raised $15 Mn in a Series A round led by Olive Tree Capital, Harmony and Avenir Growth Capital. The fundraise also saw participation from existing investors Ramp, Mercury and Orios Venture Partners. The current round follows Karbon’s $12 Mn Pre-Series A round in September 2021, taking the startup’s total fundraise to $32 Mn.