Karat Overview
- Year Founded
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2014
- Status
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Private
- Employees
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373
- Latest Deal Type
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2ndary - Private
- Investors
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25
Karat General Information
Description
Developer of an interviewing cloud platform intended to solve the multi-decade global shortage of software engineers. The company's platform provides a global network of interview engineers, unparalleled market intelligence, and purpose-built interviewing infrastructure open for engineering talent, limits pedigree bias, and provides access for underrepresented candidates, enabling businesses to expand hiring capacity, unlock programmer time, and raise engineering quality so they can innovate and grow.
Contact Information
Website
www.karat.comCorporate Office
- 1414 Northeast 42nd Street
- Suite 204
- Seattle, WA 98105-6271
- United States
Corporate Office
- 1414 Northeast 42nd Street
- Suite 204
- Seattle, WA 98105-6271
- United States
Karat Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 9. Secondary Transaction - Private | Completed | Generating Revenue | ||||
| 8. Later Stage VC (Series C) | 13-Oct-2021 | Completed | Generating Revenue | |||
| 7. Later Stage VC (Series B1) | 28-Oct-2020 | Completed | Generating Revenue | |||
| 6. Later Stage VC (Series B) | 15-May-2019 | Completed | Generating Revenue | |||
| 5. Early Stage VC (Series A) | 05-May-2017 | Completed | Generating Revenue | |||
| 4. Seed Round | 30-Sep-2016 | Completed | Generating Revenue | |||
| 3. Accelerator/Incubator | Completed | Startup | ||||
| 2. Accelerator/Incubator | 03-Jan-2014 | Completed | Startup | |||
| 1. University Spin-Out | 01-Jan-2014 | Completed | Startup |
Karat Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate ($) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Series C | ||||||||
| Series B1 | ||||||||
| Series B | ||||||||
| Series A | 12,646,878 | $0.000100 | $0.07 | $0.89 | $0.89 | 1x | $0.89 | 13.87% |
| Seed | 7,299,117 | $0.000100 | $0.02 | $0.32 | $0.32 | 1x | $0.32 | 8.01% |
VC Exit Predictor
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Opportunity Score
Calculated using Exit Type probabilities, the company’s stage, and PitchBook’s historical returns data.
Exit Type
Evaluates the likelihood of a successful exit for investors, and the most likely exit type.
Karat Comparisons
Industry
Financing
Details
Karat Competitors (52)
One of Karat’s 52 competitors is Glider AI, a Venture Capital-Backed company based in Fremont, CA.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Glider AI | Venture Capital-Backed | Fremont, CA | ||||
| RampUp | Formerly VC-backed | Denver, CO | ||||
| Cornerstone OnDemand | Private Equity-Backed | Santa Monica, CA | ||||
| HireVue | Private Equity-Backed | Sandy, UT | ||||
| Riviera Partners | Private Equity-Backed | San Francisco, CA |
Karat Related Research & Analysis
Explore institutional-grade private market research from our team of analysts.
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Verticals
Karat Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
Majestic Referring Domains
Karat Investors (25)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Dig Ventures | Venture Capital | Minority | ||
| Exor | PE/Buyout | Minority | ||
| EXOR Seeds | Venture Capital | Minority | ||
| Litani Ventures | Family Office | Minority | ||
| Niche Capital (San Francisco) | Venture Capital | Minority |
Karat Acquisitions (3)
Karat’s most recent deal was a Merger/Acquisition with Byteboard. The deal was made on 16-Jan-2025.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| Byteboard | 16-Jan-2025 | Merger/Acquisition | Business/Productivity Software | ||
| Triplebyte | 16-Mar-2023 | Merger/Acquisition | Human Capital Services | ||
| Aspect (Business/Productivity Software) | Merger/Acquisition | Application Software |
Karat Affiliates
Subsidiaries (2)
| Name | Industry | Location | Year Founded |
|---|---|---|---|
| Aspect (Business/Productivity Software) | Stockholm, Sweden | 2021 | |
| Triplebyte | San Francisco, CA | 2015 |
Karat FAQs
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When was Karat founded?
Karat was founded in 2014.
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Where is Karat headquartered?
Karat is headquartered in Seattle, WA.
-
What is the size of Karat?
Karat has 373 total employees.
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What industry is Karat in?
Karat’s primary industry is Business/Productivity Software.
-
Is Karat a private or public company?
Karat is a Private company.
-
What is Karat’s current revenue?
The current revenue for Karat is .
-
How much funding has Karat raised over time?
Karat has raised $169M.
-
Who are Karat’s investors?
Dig Ventures, Exor, EXOR Seeds, Litani Ventures, and Niche Capital (San Francisco) are 5 of 25 investors who have invested in Karat.
-
Who are Karat’s competitors?
Glider AI, RampUp, Cornerstone OnDemand, HireVue, and Riviera Partners are some of the 52 competitors of Karat.
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