Karoline Kaulla was the daughter of the banker Yitzchak (Isaak) Raphael and Rifka Wasserman.
[2] She functioned as the treasurer at the Royal Württemberg Court, and leader of the Trading House Kaulla in Stuttgart.
She is reputed to have been a beautiful, impressive woman, praised for the welfare, her care for the poor regardless of religion, and her works for the Jewish community in Hechingen.
In 1808, Karoline Kaulla was awarded the honor of the Civil-Verdienst-Medaille with golden chain, presented to her by Emperor Franz I, as a recognition of her financial contributions to the Imperial army.
The golden chain is now displayed at Yad Vashem historic museum in Jerusalem.