Karma Wallet, a Raleigh, NC-based sustainable shopper spending firm, acquired DoneGood, a market for sustainable buying.
The quantity of the deal was not disclosed.
The acquisition combines Karma Pockets’s information platform, model insights, and monetary merchandise with DoneGood’s market, which has over 100 sustainable and moral manufacturers and a various vary of merchandise. The acquisition permits Karma Pockets to provide members a complete ecosystem for moral spending, from model rankings to cashback.
Led by CEO Cullen Schwarz, DoneGood is an e-commerce market the place customers can purchase merchandise from over 100 manufacturers that are good for folks and the planet.
Led by CEO Jayant Khadilkar, Karma Pockets offers a monetary platform that leverages an information system to provide shoppers instruments to be sustainable. The corporate evaluates firms on their social and environmental impression — utilizing the united nations sustainable growth objectives (SDGs) as a framework. It allows shoppers to get personalised information round their carbon footprint, insights into their buying habits, money again, and sustainable rewards.
FinSMEs
15/04/2024
