When was Karat founded?

Karat was founded in 2014 and became a unicorn in 2021, reaching the milestone in 7 years. It raised its 1st funding round 1 year after its incorporation.

Where is Karat located?

Karat is headquartered in Seattle, United States. It is registered at Sepapaja tn 6.

Who is the current CEO of Karat?

Mohit Bhende of Karat. They have also founded 1 company.

How many employees does Karat have?

As of Jul 31, 2026, the latest employee count at Karat is 394.

Is Karat a funded company?

Karat is a funded company, having raised a total of $248M across 4 funding rounds to date. The company's 1st funding round was raised for an undisclosed amount in a Seed round on 2015.

How much is Karat worth?

The latest valuation of Karat is $1.1B as of Apr 19, 2022.

When was the latest funding round of Karat?

Karat's latest funding was a $110M Series C round on Apr 19, 2022, with participation from 1 investor. Its primary sector is HRTech. In United States, the HRTech sector has seen $1.28B in funding in 2026 to date.

Is Karat a HRTech company?

The primary sector of Karat is HRTech.

Where does Karat rank among its competitors?

Karat ranks 1st amongst 59 active competitors, of which 7 are funded. It stands 1st in terms of total funding among its competitors. The most recent competitor to raise funding was Intervue, which secured $181K in Feb, 2024.

Who are the top competitors of Karat?

Karat's top competitors include Incruiter, FloCareer and Bar Raiser. Among them, Intervue secured the most recent funding round in February, 2024.

Karat - 2026 Company Profile, Team, Funding & Competitors

Karat is a series C company based in Seattle (United States), founded in 2014 by Jeffrey Spector and Mohit Bhende. It operates as a Provider of interview services. Karat has raised $248M in funding from Tiger Global Management, with a current valuation of $1.1B. The company has 59 active competitors, including 7 that are funded. Its top competitors include companies like Incruiter, FloCareer and Bar Raiser.

Company Details

Provider of interview services. It provides interview engineers to conduct technical interviews and interviewing infrastructure to provide insights to the hiring team to hire better candidates in the form of a structured interview dataset of candidates.

Website: karat.com
Social
Email ID: *****@karat.io
Phone Number: +1 **********
Registered Address: Sepapaja tn 6

Key Metrics

Founded Year

2014

Location

Seattle, United States

Stage

Series C

Total Funding

$248M in 4 rounds

Latest Funding Round

Series C, Apr 19, 2022, $110M

Post Money Valuation

$1.1B as on Apr 19, 2022

Investors

Tiger Global Management & 12 more

Ranked

1^st among 59 active competitors

Employee Count

394 as on Jul 31, 2026

Investment & Acquisitions

Byteboard

Similar Companies

Incruiter & 59 more

View Karat's full profile

Karat is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
Karat Digital OÜ CIN: 14889069 , Estonia, Active	Jan 14, 2020	€0 - €1M (As on Dec 31, 2023)	-

Karat has raised a total funding of $248M over 4 rounds. Its first funding round was on 2015. Its latest funding round was a Series C round on Apr 19, 2022 for $110M. 1 investor participated in its latest round. Karat has 12 institutional investors and 1 angel investor.

Here is the list of recent funding rounds of Karat:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Apr 19, 2022	$110M	Series C	$1.1B	-	Serena Williams	-
Oct 13, 2021	$110M	Series C	$1.1B	-	Tiger Global Management	8VC, Exor, Base Partners, Sempervirens Fund, Norwest
May 15, 2019	$28M	Series B	-	-	Tiger Global Management	8VC, Norwest

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View details of Karat's funding rounds and investors

The founders of Karat are Jeffrey Spector and Mohit Bhende. Mohit Bhende and John Phillip Loof are the CEOs of Karat.

Here are the details of Karat's key team members:

Jeffrey Spector: Co-Founder & President of Karat.
Contact Info: 1 email address
Mohit Bhende: Co-Founder & CEO of Karat.
Contact Info: 1 email address

View details of Karat's Founder profiles and Board Members

Karat's employee count trend

Karat has 394 employees as of Jul 26. Here is Karat's employee count trend over the years:

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Top competitors of Karat include Incruiter, FloCareer and Bar Raiser. Here is the list of Top 10 competitors of Karat, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Karat 2014, Seattle (United States), Series C	Provider of interview services	$248M	Base Partners, Norwest & 11 others	65/100
2nd	Incruiter 2018, Bengaluru (India), Seed	Provider of AI-powered interview and recruitment solutions	$254K	GetVantage, Recur Club & 1 others	59/100
3rd	FloCareer 2014, Burlington (United States), Series A	Provider of outsourced technical interview services	$6.03M	Data Point Capital, Orios Venture Partners ... & 22 others	54/100
4th	Bar Raiser 2020, Wilmington (United States), Seed	Provider of AI-powered interview intelligence platform	$6.2M	Global Founders Capital, Xeed Ventures & 4 others	50/100
5th	InterviewDesk 2017, Chennai (India), Seed	Cloud-based platform offering interview as a service for enterprise	$449K	-	37/100
6th	Intervue 2020, Bengaluru (India), Seed	Provider of a cloud-based platform that streamlines the hiring process for technology companies by providing a collaborative environment for taking remote interviews	$301K	Titan Capital, GrayCell Ventures & 11 others	36/100
7th	Qualifyde 2015, San Ramon (United States), Unfunded	Cloud-based interviewing platform for enterprises	-	-	28/100
8th	Adnac 2016, Mumbai (India), Unfunded	Provider of HRMS software, competency assessment tests, and job portals	-	-	28/100
9th	futuremug 2018, Thiruvananthapuram (India), Funding Raised	Provider of AI-powered interview and assessment services for recruitment	-	Government of Kerala	27/100
10th	InterviewIA 2019, Denver (United States), Seed	Candidate interview platform	$2M	Colorado Impact Fund, Rockies Venture Club ... & 5 others	27/100