Original Tapjoy Founders Quietly Launch Their Next Venture: A Mobile Commerce Play Called Karma

Lee Linden and Ben Lewis, the pair behind the original incarnation of Tapjoy, have quietly launched their next venture — a mobile commerce play called Karma that lets people send gifts to their friends and family.

Soft-launched just in the nick of time before Christmas, the app is a very user-friendly way to pick and pay for gifts. You can search through suggestions from gourmet chocolate to music subscriptions to 8-bit wall decals before choosing an item and entering your payments information. The app can notify the recipient right away, giving immediate gratification to the sender.

The app also lets the gift-giver pick a type of gift, like cups or shoes. Then the receiver can give more specifics like what shoe size they wear, so they don’t get something that doesn’t fit or that they don’t like.

Karma is in a class of companies like Stockholm’s Wrapp (which is from several early Spotify employees) and San Francisco’s Sincerely, which are trying to use gifting or low-cost physical products to seed a large customer base for a much bigger e-commerce play. The company isn’t sharing any details about their funding or size at this time.

We’ve reached out to Linden for comment. He and his co-founder, who are former product managers from Google and Microsoft, founded Tapjoy and then sold it to Offerpal in 2010. Their model of driving installs of mobile apps through offer walls grew so fast that Offerpal later adopted the company’s name after its own brand was tarnished on the Facebook platform.

Applift_Thumbnail Sponsored Post

Read AppLift's 5 Steps to Successfully Market your Free-to-Play Game!

Tackle Free-to-Play's marketing and advertising challenges with AppLift's new eBook! Learn how to make the most out of all the distribution channels out there, both within and outside of the app stores, and acquire paying and loyal users for your game! Read Full Post.

Leave a Reply

4 Responses to “Original Tapjoy Founders Quietly Launch Their Next Venture: A Mobile Commerce Play Called Karma”

  1. Tapjoy创始人新推移动电商平台Karma - 雷锋网 - 专注于移动互联网创业&创新的科技博客 says:

    [...] Via IMA [...]

  2. Paul Bowen says:

    Great job Ben & Lee. Whatever these guys do it will be a runaway hit.

  3. Inside Mobile Apps · Tapjoy Founders, Former Playdom Producer Raise Unusual Funding For New Gaming Company says:

    [...] network for driving installs of mobile apps through offer walls after they sold it to Offerpal. (They’re also working on another new mobile commerce company, Karma Science.) They couldn’t comment for the story because of SEC regulations around funding, which may [...]

  4. Facebook makes fifth mobile acquisition this year with Karma says:

    [...] just months ago in December, Karma positions itself as a user-friendly way for consumers to pick out and pay for [...]

interested in advertising with inside mobile apps?

Social Media Jobs
of the Day

Web Developer

Mullen
Winston Salem, NC

Director of Social Media

Moosylvania
St. Louis, MO

Featured Company

Join leading companies like this one and recruit from the nation's top media job seekers on the Mediabistro Job Board. Every job post comes with our satisfaction guarantee. Learn More
 

Our Sponsors

Also from Inside Network:   AppData - Facebook & iOS Application Stats   PageData - Engagement Data on Facebook Pages   Facebook Marketing Bible   Inside Network Research
WebMediaBrands
Mediabistro | SemanticWeb | Inside Network
Jobs | Education | Research | Events | News
Advertise | Terms of Use | Privacy Policy
Copyright 2012 WebMediaBrands Inc. All rights reserved.