About Karat
Karat is a company based in Seattle (United States) founded in 2014 by Jeffrey Spector and Mohit Bhende. It operates as a SaaS (Software-as-a-Service) and Professional Services. Karat has raised $248 million across 3 funding rounds from investors including Exor, Norwest Venture Partners and Serena Williams. Karat has completed 1 acquisition, including Byteboard. Karat offers products and services including Direct Hiring, Partner Talent, and Hiring Insights. Karat operates in a competitive market with competitors including Incruiter, FloCareer, MonJin, Intervue and InterviewIA, among others.
- Headquarter Seattle, United States
- Founders Jeffrey Spector, Mohit Bhende
- Stage Unicorn
-
Sectors
Technology
-
Email
Locked
-
Phone
Locked
-
Website
Locked
-
Social
Locked
- Legal Name Karat Inc.
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Karat
Karat offers a comprehensive portfolio of products and services, including Direct Hiring, Partner Talent, and Hiring Insights.
Quality of incoming technical talent is elevated significantly.
High-performing contractor ecosystems are built and managed effectively.
Hiring data is provided for learning and improvement.
People of Karat
Unlock access to complete
Unlock access to complete
Funding Insights of Karat
Karat has successfully raised a total of $248M across 3 strategic funding rounds. The most recent funding activity was a Series C round of $110 million completed in April 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Karat
Karat has secured backing from 7 investors, including angel, venture fund, and institutional investors. Prominent investors backing the company include Exor, Norwest Venture Partners and Serena Williams.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Venture and private equity investments are managed with global diversification.
|
Locked | Locked | Locked | |
|
Venture capital and growth equity firm providing investments and resources to entrepreneurs in various sectors.
|
Locked | Locked | Locked | |
|
Venture capital firm investing in technology, life sciences, and related sectors.
|
Locked | Locked | Locked |
Investor details for Karat
Investor domains, locations, round participation, and complete history require an active premium plan.
- Investor domains
- Investor locations
- Funding rounds
- Participation history
Verified entity values are shown only after access is granted.
Investments & Acquisitions by Karat
Karat has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Byteboard.
Investment portfolio details for Karat
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
- Round details
- Investment values
Verified entity values are shown only after access is granted.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Technical skills of engineering candidates are evaluated through cloud-based interviews.
|
Locked | Locked | 2019 | Locked |
Complete acquisition details for Karat
Transaction dates, acquired stakes, disclosed values, domains, and locations require an active premium plan.
- Transaction dates
- Acquired stakes
- Disclosed values
- Domains and locations
Verified entity values are shown only after access is granted.
Financial Statements - Karat
Detailed financials for Karat
Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.
- Historical revenue
- Profit trends
- Statement rows
- Financial ratios
Verified entity values are shown only after access is granted.
Karat Comparisons
Peer comparison for Karat
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
- Headcount comparison
- Funding comparison
- Operating benchmarks
Verified entity values are shown only after access is granted.
Competitors of Karat
Karat operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Incruiter, FloCareer, MonJin, Intervue and InterviewIA, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| Locked | Locked | Locked |
Provider of AI-powered interview and recruitment solutions
|
|
| Locked | Locked | Locked |
Provider of outsourced technical interview services
|
|
| Locked | Locked | Locked |
Network of expert interviewers providing video-based talent assessments
|
|
| Locked | Locked | Locked |
Cloud-based platform for remote tech interviews is provided.
|
|
| Locked | Locked | Locked |
Machine learning is applied to candidate interviewing and evaluation.
|
Detailed competitors of Karat
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
- Domains and locations
- Full company profiles
- Operating metrics
- Competitive positioning
Verified entity values are shown only after access is granted.
Latest news on Karat
Complete news archive for Karat
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Karat
Karat was founded in 2014 and raised its 1st funding round 5 years after it was founded.
Karat is headquartered in Seattle, United States. It is registered at Seattle, Washington, United States.
Mohit Bhende is the current CEO of Karat. They have also founded this company.
Karat is a funded company, having raised a total of $248M across 3 funding rounds to date.
Technical interviewing solutions are offered by Karat to enhance hiring processes for businesses worldwide. Services are focused on elevating the quality of technical talent through direct hiring and contractor ecosystems. Innovative human and AI-driven approaches are integrated to support various hiring needs, including global hiring, early career recruitment, and equitable hiring practices. Solutions are tailored for industries requiring specialized technical skills, ensuring fair and engaging candidate experiences. Hiring data and insights are provided to help organizations improve and stay competitive in talent acquisition.
Karat offers Direct Hiring, Partner Talent, and Hiring Insights.
Karat has made 1 acquisition, including Byteboard.
Karat has 7 investors. Key investors include Exor, Norwest Venture Partners, Serena Williams, Tiger Global, and 8VC.
The valuation of Karat is $1.1B as of Oct 2021.