Chari announced that it has received $5,000,000 in a round of funding co-led by new investors Rocket Internet SE, Global Founders Capital Management GmbH and P1 Ventures on October 6, 2021. The transaction included participation from new investors Village Capital, SPE Capital Partners, Pincus Private Equity, AirAngels, Reflect Ventures, Metlife Foundation returning investors Y Combinator Management LLC, Orange Digital Ventures US LLC, Plug & Play Ventures, The Chandaria family, Airbnb executives, Michael Lahyani, and the management company of an American Ivy League university. The company raised the funding at a post-money valuation of $70,000,000.