About Project Karna
Project Karna is a private company based in Portland, Oregon, incorporated in 2024 in Delaware. It has reported $545,000 raised in three offerings on Form D since May 2024.
Funding Rounds (SEC Form D)
| First sale | Filed with SEC | Amount sold | Investors | Avg. check | Terms | Filing |
|---|---|---|---|---|---|---|
| Sep 13, 2024 | Oct 21, 2024 | $0of $30 target | 1 | $0 | Securities on exerciseRule 506(b) | Form D ↗ |
| Jul 25, 2024 | Aug 5, 2024 | $150,000of $500K target | 1 | $150K | KISS-A (Keep it simple security)Rule 506(b) | Form D ↗ |
| May 15, 2024 | May 30, 2024amended May 29, 2025 | $395,000of $2.5M target | 4 | $98,750 | SAFE (Simple Agreement for Future Equity)Rule 506(b) | Form D/A ↗1 earlier filing |
| Total, three offerings | $545,000 | |||||
First sale is the date the first investor in the offering committed to invest. Companies must file Form D within 15 days of that date, so filing dates run later.
Leadership Team
Executive officers and directors listed on Project Karna's Form D filed Oct 21, 2024.
RB
Rajashree Baskaran
Executive officer, director and promoter
Earlier filings also listed Michael Smith (director, last listed Oct 2024).