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Carma Community, also operating under the name Community Karma, is a 501(c)(3) nonprofit organization that coordinates volunteer drives and community support initiatives for youth and housing-insecure populations based in Asbury Park, New Jersey. The organization focuses on addressing unmet community needs through year-round charitable efforts, including backpack distributions and Halloween costume initiatives. In 2022, the entity expanded its local footprint by officially taking over the operations of the Asbury Park Toy Drive. While specific financial metrics such as total funding raised, annual revenue, and active volunteer counts remain undisclosed, the organization operates distinctly from similarly named technology entities like Carma Technology and Carma.earth. The organization originally launched its initial operations in San Francisco before eventually relocating its primary community initiatives to New Jersey in 2015. Carma Community was founded in 2005 by Celia Cattani.
Carma Community has raised $1.0M across 1 funding round.
Carma Community has raised $1.0M in total across 1 funding round.
Carma Community has raised $1.0M in total across 1 funding round.
Carma Community's investors include 2048 Ventures, Asymmetric Capital Partners, Gaingels, Karim Faris, Okta Ventures, Point Judith Capital, Sandwith Ventures, Scale Asia Ventures, Underdog Labs, Vitalize Venture Group, Ash Rust, George Kurtz.
Carma Community has raised $1.0M across 1 funding round. Most recently, it raised $1.0M Seed in June 2022.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Jun 1, 2022 | $1M Seed | — | 2048 Ventures, Asymmetric Capital Partners, Gaingels, Karim Faris, Okta Ventures, Point Judith Capital, Sandwith Ventures, Scale Asia Ventures, Underdog Labs, Vitalize Venture Group, ASH Rust, George Kurtz, Howard Love, Juney HAM, Musaab Hakami, Varsha RAO | Announced |
Carma Inc. (carma.net) is a Denver-based SaaS technology company founded in 2016 that builds a comprehensive Network & Digital Infrastructure (NDI) Platform for carriers, data centers, cloud operators, infrastructure providers, enterprises, and commercial real estate investors.[1][2][3] The platform delivers perfect visibility into space, power, and connectivity, integrating sales, CRM, service assurance, revenue, expenses, assets, and services into a single, scalable, intuitive solution that streamlines operations and enables AI transformation.[1][2] It serves top industry providers revolutionizing the data center sector, with recent expansions like Carma Europe Ltd. in London and adoption by clients such as Hudson Interxchange, driving growth through over two centuries of combined telecom and data center expertise from its team.[2][3]
(Note: Search results distinguish this from unrelated entities like CARMA media intelligence (carma.com, founded 1984 in Dubai), which focuses on media monitoring.[4][6] This profile centers on Carma Inc., the technology company matching the query's context.[1][2][3])
Carma Inc. was cofounded in 2016 by Frank McDermott (CEO) and Joe McDermott (COO), leveraging their deep industry backgrounds in telecom, data centers, and technology development.[1][3] Frank, an industry veteran, started at Level 3 assessing fiber routes, led IT projects consolidating acquired companies' systems, and drove transport design improvements reducing defects and cycle times by 90%.[3] Joe, post-McKinsey, cofounded Arcanum Alloys, handling technology, finance, and strategy for advanced materials scaling.[3] The idea emerged from their extensive operational experience—over two centuries combined across the team—in building and managing fiber, microwave, cellular networks, neutral colocation data centers, and content delivery.[3]
Early traction built on this expertise as a Microsoft Gold Partner and Dynamics 365 Telecom Accelerator Member, delivering a SaaS platform tailored for network operators and data centers.[3] Pivotal moments include launching the fully integrated NDI platform, securing top providers as customers, and international expansion with Carma Europe Ltd. in London to unify siloed systems for U.K. and European operators.[2]
Carma stands out in the digital infrastructure space through these key strengths:
Carma rides the explosive growth of data centers and digital infrastructure amid AI, cloud computing, and edge computing booms, where demand for colocation, power, and connectivity visibility is surging.[1] Timing is ideal: global data center capacity is expanding rapidly due to hyperscalers like AWS and Google, while operators face siloed systems hindering scalability—Carma's unified NDI platform addresses this by streamlining ops for the "Ultimate Network & Digital Infrastructure Platform."[1][2] Market forces like AI-driven power constraints, 5G rollout, and real estate investments in infrastructure favor it, positioning Carma to influence ecosystem efficiency.[1][3]
By enabling top providers and enterprises to optimize linked revenue/assets, Carma accelerates digital transformation, reduces defects/cycle times (as founders did previously), and supports neutral operators in a fragmented market.[3]
Carma is poised for accelerated growth through international expansion (e.g., Europe) and deepening AI integrations, capitalizing on data center hyperscaling and telecom consolidation.[2][3] Trends like surging AI compute demands and sustainable infrastructure will shape its path, potentially expanding to more enterprise CRM/service modules. Its influence may evolve from niche SaaS leader to ecosystem standard, as top adopters scale usage—watch for partnerships with hyperscalers or further M&A. This Denver innovator, born from operators' pain points, exemplifies how deep domain expertise fuels the infrastructure powering tech's future.[1][3]
