Karat Financial Technologies, Incorporated

Financial ServicesSeries BSan Francisco, UStrykarat.com

Latest round

Series B

Last raised

Jul 2023

Total raised

$56M

Investors

8

About Karat Financial Technologies, Incorporated

Karat Financial Technologies, based in California, provides specialized financial services for creators, enabling them to effectively manage their finances in a digital landscape.Karat Financial Technologies focuses on providing financial solutions primarily for content creators and entrepreneurs.00% APY on checking balances, and automated tax planning tools.Karat generates revenue through transactional fees from payments, card usage, and account maintenance. Their direct-to-consumer model caters to creators and small businesses who subscribe to their banking services, including business checking accounts. The company aims to introduce new financial products tailored to creators and to expand into additional geographic regions, although specific markets have not been disclosed.

Who invested in Karat Financial Technologies, Incorporated

8 investors across 3 rounds

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Funding rounds

  1. Series B

    Jul 19, 2023

    Amount

    $40M

    Investors

    Locked

  2. Series A

    Jul 1, 2021

    Amount

    $11M

    Investors

    Locked

  3. Seed

    Jun 25, 2020

    Amount

    $4.6M

    Investors

    Locked

Questions about Karat Financial Technologies, Incorporated

Who invested in Karat Financial Technologies, Incorporated?

Karat Financial Technologies, Incorporated has 8 investors on record across 3 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Karat Financial Technologies, Incorporated raised?

Karat Financial Technologies, Incorporated has raised 3 venture rounds. Sign up free to see how much each round raised and the total.

When did Karat Financial Technologies, Incorporated last raise money?

Karat Financial Technologies, Incorporated's most recent round on record is a Series B, in Jul 2023.

What does Karat Financial Technologies, Incorporated do?

Karat Financial Technologies, based in California, provides specialized financial services for creators, enabling them to effectively manage their finances in a digital landscape.

Where is Karat Financial Technologies, Incorporated headquartered?

Karat Financial Technologies, Incorporated is headquartered in San Francisco, US.

Which VCs invest in companies like Karat Financial Technologies, Incorporated?

Among active investors with capital left to deploy, Radical Ventures, Ribbit Capital, TrueBridge Capital Partners and Tribe Capital back financial services companies at Karat Financial Technologies, Incorporated's stage. Their profiles are linked below.

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