# Karat

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/karat

- Industry: Software
- Headquarters: Seattle, US
- Website: www.karat.com
- Total disclosed funding: $152M
- Latest round: Series C (Oct 13, 2021)
- Investors on record: 9

## About

Based in Washington, US, and founded in 2014, Karat Inc. operates as a technical interviewing and interviewing cloud company. Mohit Bhende (CEO) and Jeffrey Spector are the co-founders of the company. In March 2023, the firm, a portfolio company of 8VC, Founder, Base Partners, Collective, Exor Seeds, Founders' Co-op, HighSage Ventures, Norwest Venture Partners, SemperVirens Venture Capital, and Tiger Global Management acquired Triplebyte from Caffeinated Capital, Felicis Ventures, Initialized Capital, SV Angel, Founders Fund, and Y Combinator.

The company provides an interviewing-as-a-service platform that provides customers with a way to funnel candidates to Karat’s team of qualified online interviewers, who examine applicants for skills and problem-solving abilities as part of the online assessment. It provides outsourced technical interview services for sourcing software engineers on behalf of corporate clients. The firm's platform enables candidates to schedule their interviews 24/7 facilitated by interview engineers and take technical assessments online.

## Funding rounds

- Series C, Oct 13, 2021, $110M — Norwest Venture Partners, Tiger Global Management, 8VC, Base Partners, Exor Seeds, HighSage Ventures, SemperVirens
- Series B, May 15, 2019, $28M — Norwest Venture Partners, Tiger Global Management, 8VC
- Series A, Aug 1, 2017, $11M — Norwest Venture Partners
- Seed, Nov 4, 2015, $2.3M — Founders' Co-op, Founder Collective, 8VC

## Investors

- Founders' Co-op (https://capitalatlas.ai/funds/founders-co-op) — Seed
- Founder Collective (https://capitalatlas.ai/funds/founder-collective) — Seed
- 8VC (https://capitalatlas.ai/funds/8vc) — Seed, Series B, Series C
- Norwest Venture Partners (https://capitalatlas.ai/funds/norwest-venture-partners) — Series A, Series B, Series C
- Tiger Global Management (https://capitalatlas.ai/funds/tiger-global-management) — Series B, Series C
- Base Partners (https://capitalatlas.ai/funds/base-partners) — Series C
- Exor Seeds — Series C
- HighSage Ventures (https://capitalatlas.ai/funds/highsage-ventures) — Series C
- SemperVirens (https://capitalatlas.ai/funds/sempervirens) — Series C