What is Karat?
Headquartered in Seattle, Washington, Karat has established itself as a leader in the technical hiring ecosystem. The company provides a sophisticated platform that conducts technical interviews on behalf of organizations, effectively outsourcing the rigorous vetting process for software engineers. By offering both remote hiring software and specialized interview tools, Karat addresses the critical pain point of engineering talent scarcity. Its market position is defined by its ability to provide consistent, high-quality candidate evaluations, which allows hiring managers to focus on final-stage decision-making rather than initial technical screening. This service-as-a-software model has proven essential for companies looking to scale their engineering teams rapidly without compromising on quality.
How much funding has Karat raised?
Karat has raised a total of $151.6M across 4 funding rounds:
Angel/Seed
$2.3M
Series A
$11.3M
Series B
$28M
Series C
$110M
Angel/Seed (2015): $2.3M with participation from 8VC
Series A (2017): $11.3M led by Norwest Venture Partners
Series B (2019): $28M, investors not publicly disclosed
Series C (2021): $110M featuring 8VC, Base Partners, Norwest Venture Partners, and Tiger Global Management
Key Investors in Karat
8VC
8VC is a leading technology investment firm that focuses on backing visionary teams and industry-transforming companies, managing significant committed capital across various sectors.
Base Partners
Base Partners is a growth equity firm that invests globally in leading technology companies, acting as a strategic partner to help firms scale and capture new markets.
Norwest Venture Partners
Norwest Venture Partners is a global, multi-stage venture capital and growth equity firm with a long history of supporting high-growth technology enterprises.
What's next for Karat?
Looking ahead, the strategic deployment of the $110M investment will likely focus on deepening the company's technological moat and expanding its reach into new enterprise verticals. As the demand for specialized software engineering talent remains high, Karat is poised to further automate and refine its interview methodologies. The company's growth strategy involves not only increasing its client base but also enhancing the data-driven insights provided to hiring organizations. By maintaining its focus on high-fidelity technical assessments, Karat is set to remain a critical partner for global firms navigating the complexities of remote and distributed engineering recruitment.
See full Karat company page
