Karat (Business/Productivity Software) Overview
- Year Founded
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2014
- Status
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Private
- Employees
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348
- Latest Deal Type
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2ndary - Private
- Investors
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26
Karat (Business/Productivity Software) 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, programmer time, and raise engineering quality.
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 (Business/Productivity Software) 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 (Business/Productivity Software) 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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Karat (Business/Productivity Software) Comparisons
Industry
Financing
Details
Karat (Business/Productivity Software) Competitors (56)
One of Karat (Business/Productivity Software)’s 56 competitors is Glider AI, a Venture Capital-Backed company based in Cupertino, CA.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Glider AI | Venture Capital-Backed | Cupertino, CA | ||||
| LocalWork | Formerly Accelerator/Incubator backed | Phoenix, AZ | ||||
| RampUp | Formerly VC-backed | Denver, CO | ||||
| HireVue | Private Equity-Backed | Sandy, UT | ||||
| Cornerstone OnDemand | Private Equity-Backed | Santa Monica, CA |
Karat (Business/Productivity Software) Signals
Karat (Business/Productivity Software) Investors (26)
| 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 (Business/Productivity Software) Acquisitions (3)
Karat (Business/Productivity Software)’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 (Business/Productivity Software) Affiliates
Subsidiaries (1)
| Name | Industry | Location | Year Founded |
|---|---|---|---|
| Aspect (Business/Productivity Software) | Stockholm, Sweden | 2021 |
Karat (Business/Productivity Software) FAQs
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When was Karat (Business/Productivity Software) founded?
Karat (Business/Productivity Software) was founded in 2014.
-
Where is Karat (Business/Productivity Software) headquartered?
Karat (Business/Productivity Software) is headquartered in Seattle, WA.
-
What is the size of Karat (Business/Productivity Software)?
Karat (Business/Productivity Software) has 348 total employees.
-
What industry is Karat (Business/Productivity Software) in?
Karat (Business/Productivity Software)’s primary industry is Business/Productivity Software.
-
Is Karat (Business/Productivity Software) a private or public company?
Karat (Business/Productivity Software) is a Private company.
-
What is Karat (Business/Productivity Software)’s current revenue?
The current revenue for Karat (Business/Productivity Software) is .
-
How much funding has Karat (Business/Productivity Software) raised over time?
Karat (Business/Productivity Software) has raised $169M.
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Who are Karat (Business/Productivity Software)’s investors?
DIG Ventures, Exor, EXOR Seeds, Litani Ventures, and Niche Capital (San Francisco) are 5 of 26 investors who have invested in Karat (Business/Productivity Software).
-
Who are Karat (Business/Productivity Software)’s competitors?
Glider AI, LocalWork, RampUp, HireVue, and Cornerstone OnDemand are some of the 56 competitors of Karat (Business/Productivity Software).
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