Karmen Analysis
What is Karmen?
Karmen is an AI-driven platform designed to automate construction workflows. It uniquely interprets project documents to streamline processes like schedule generation and contract review. This approach enhances efficiency and accuracy in managing construction projects.
Location
1201 Tennessee Street, San Francisco, California 94107, United States
Employees
1-10
Founded
2024
Revenue
$25.8M
Audit Date
2025-08-13
Audit Staleness
6-12 months stale
Audit Type
SOC 2 Type 2
Business Model
Subscription-based model with revenue from embedded financing and client services.
Funding Status
Seed
Infra Provider
AWS
Product Features & Capabilities
- AI assistant for construction project managers, manages invoices, RFIs, change orders, project details from email, provides real-time updates, email organization, automated data entry into project management software, integration with various construction tools.
Pricing
- FREE: Up to 2 printers, 1 user, 1 GB cloud storage.
- PRO: $20/month (or $18/month billed annually), 4 printers, 5 users, 5 GB cloud storage (+$1/additional 5 GB).
- BUSINESS & EDUCATION: Customized pricing, unlimited printers, unlimited users, unlimited cloud storage, high priority su
Who are the founders of Karmen
JE
Jonas Ebrahimi
Founder
NW
Naman Wahi
Founder
Market Focus
Karmen Intelligence primarily focuses on the construction industry, providing AI assistance to project managers for managing project-related tasks such as invoices, RFIs, and change orders.
Competitors Overview
Karmen Intelligence competes primarily in the construction project management software market. Its main competitors include:
- Ledgy: Focuses on equity management for startups, providing tools for managing shareholder structures and cap tables. Ledgy is noted for its user-friendly interface an
Investors
- Seventure Partners
- Bpifrance
- One Green (Paris)
- Takara Capital
- Fasanara Capital
See something that needs updating? Suggest edits to this profile.