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§ Private Profile · San Francisco, CA, USA
AI platform automating administrative workflows for construction project managers, organizing project communications, invoices, RFIs, and scheduling.
Karmen has raised $205.4M across 6 funding rounds.
Key people at Karmen.
Karmen was founded in 2024 by Jonas Ebrahimi (Founder) and Naman Wahi (Founder).
Karmen has raised $205.4M in total across 6 funding rounds.
Karmen, based in San Francisco, California, provides an AI-powered assistant designed for construction project managers to automate administrative workflows. The platform extracts and organizes project-related communications from email inboxes, streamlining the management of critical documents such as invoices, RFIs, change orders, and scheduling updates. It integrates with industry-standard software like Procore. Project managers utilizing Karmen can reportedly save approximately three hours per day by automating documentation tasks and data entry. The company targets general contractors, subcontractors, and suppliers who manage high volumes of project communications within the construction industry. Karmen currently operates with a team of four employees. The firm focuses on construction industry, specifically general contractors, subcontractors, construction project managers, and suppliers who manage high volumes of project communications and documentation.
Karmen has raised $205.4M across 6 funding rounds. Most recently, it raised $58.3M Debt in January 2026.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Jan 13, 2026 | $58.3M Debt Financing | Sienna Capital, Fasanara Capital | — | Announced |
| Jan 21, 2025 | $10.5M Venture Round | Seventure Partners | — | Announced |
| Dec 1, 2024 | $500K Seed | — | — | Announced |
| Jun 27, 2024 | $106.9M Debt Financing | Fasanara Capital | — | Announced |
| Jan 25, 2022 | $25.3M Debt Financing | Fasanara Capital | Aurore Falque Pierrotin | Announced |
| Jan 1, 2022 | $4M Seed | — | Dragonfly Capital, Founder Collective, Makers Fund, Pantera Capital, ParaFi Capital, Pareto Holdings, Pioneer Fund, Samaipata, Stellar Capital, Stellation Capital, Chris M. Willliams, Zhen CAO | Announced |
Key people at Karmen.
Karmen was founded in 2024 by Jonas Ebrahimi (Founder) and Naman Wahi (Founder).
Karmen has raised $205.4M in total across 6 funding rounds.
Karmen's investors include Sienna Capital, Fasanara Capital, Seventure Partners, Aurore Falque-Pierrotin, Dragonfly Capital Partners, Founder Collective, Makers Fund, Pantera Capital, ParaFi Capital, Pareto Holdings, Pioneer Fund, Samaipata.
Karmen is an AI-powered assistant designed specifically for construction project managers to automate and streamline administrative tasks such as invoice approvals, Requests for Information (RFIs), and change order tracking. By integrating directly with emails and construction management software like Procore, Karmen helps project managers save up to three hours daily by automating data entry, organizing project updates, and improving workflow efficiency. This solution addresses the common challenge of managing high volumes of emails and manual data input, enabling construction professionals to reduce errors and focus on higher-value activities[1][2][4][5].
Founded in 2024 by Jonas Ebrahimi and Naman Wahi, Karmen serves general contractors, subcontractors, and suppliers who need to efficiently track and process project communications. Its AI assistant is tailored to the construction industry’s unique terminology and workflows, making it a critical tool for improving productivity and communication in fast-paced construction environments[1][2][5].
Karmen was founded in 2024 by Jonas Ebrahimi and Naman Wahi. Jonas brings experience from managing logistics as a commodity trader and a background working with his parents’ general contracting business in London. Naman is a software engineer with expertise in AI and machine learning, having developed AI-powered construction software for major companies like Shell, ExxonMobil, and Suffolk while at nPlan. The idea for Karmen emerged from recognizing the inefficiencies construction project managers face with manual administrative tasks and the reluctance of subcontractors to adopt formal project management software. Early traction came from integrating Karmen with widely used tools like Procore and demonstrating significant time savings for project managers[1][2].
Karmen rides the growing trend of AI-driven automation in traditionally manual industries like construction, where digital transformation has lagged behind other sectors. The timing is critical as construction projects generate massive volumes of unstructured data (emails, RFIs, invoices) that overwhelm project managers. Market forces such as increasing project complexity, demand for faster delivery, and the need to reduce costly delays favor AI solutions that improve operational efficiency. By automating administrative workflows, Karmen not only boosts productivity but also helps accelerate the adoption of digital tools in construction, influencing the broader ecosystem toward smarter, data-driven project management[1][5].
Looking ahead, Karmen is well-positioned to expand its AI capabilities and integrations, potentially incorporating more advanced scheduling automation and predictive analytics to further optimize construction project workflows. As the construction industry increasingly embraces AI and digital transformation, Karmen’s influence is likely to grow, helping project managers handle complexity with greater agility. Trends such as increased remote collaboration, real-time data access, and AI-powered decision support will shape Karmen’s evolution, reinforcing its role as an essential assistant in construction project management[7][1].
In summary, Karmen exemplifies how AI can transform a traditionally manual and error-prone aspect of construction management into a streamlined, efficient process, saving time and reducing risk for project teams.