Karmic Labs is building a virtualization layer on top of the existing payment networks. The company provides dynamic budgeting solutions, linked to your entire organization that allows for employees to request specific amounts of cash for specific events, where employers and managers can easily approve these requests.  Employee expense cards are tied to a mobile app that can handle expense reporting at the point of transaction and has the ability to request spending limit changes in real time.

Initial Investment: August 2014
https://karmiclabs.com/