Karat Stock
| Valuation | $1.1B1 |
| Valuation Date | Oct 13, 2021 |
| Implied Valuation | n/a |
| Last Price | $2.00 |
| 52-Week High | $2.00 |
| 52-Week Low | $2.00 |
| YTD Return | +0.00% |
| 1-Year Return | n/a |
| 3-Year Return | n/a |
| Total Funding | $169.1M2 |
| Latest Round Amount | $110M1 |
| Latest Round | Series C |
| Funding Rounds | 5 |
| IPO Status | Unknown |
| Expected IPO Date | n/a |
| Revenue | n/a |
| Revenue Type | n/a |
| P/S Ratio | n/a |
About Karat
Karat is a technical interviewing company that runs live interviews for software engineering candidates on behalf of employers. Its Interview Engineers use a shared coding environment and a standardized rubric so companies can compare candidates across teams and geographies. Karat also sells skills assessments and a contractor-evaluation product so enterprises can apply the same bar to vendors. The company makes money by charging per interview and for those assessment products. It was founded in 2014 by Mohit Bhende, a former Microsoft Xbox executive, and Jeffrey Spector, formerly chief of staff to Melinda French Gates.
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News
Karat launches NextGen Interviews: the first human-led, AI-enabled talent evaluation solution
Karat launched NextGen interviews in which candidates work a multi-file project with an integrated AI assistant while a live Interview Engineer probes their reasoning. The company said the format is m...
Karat Launches Partner Talent Solution to Elevate Contractor Engineering Quality
Karat launched Partner Talent, a product that applies the same live-interview standard to contract engineers from IT service providers. Citizens Bank's CIO said the third-party bar helps ITSPs meet cl...
Karat Adds Mastercard, EA Execs to Board and Partners with Workday
Karat appointed Mastercard CTO Ed McLaughlin and Electronic Arts CPO Mala Singh to its board. It also became a Workday Innovation Partner so interview data can flow into Workday's applicant tracking s...
Karat Acquires Byteboard to Pioneer the Future of Talent Evaluation
Karat acquired Byteboard, a project-based technical assessment company that spun out of Google Area 120. Terms were not disclosed. Karat called it its third acquisition in two years.
Karat acquires leading adaptive assessment technology from Triplebyte
Karat acquired Triplebyte's technical assessment product and team. Triplebyte's Magnet sourcing business and candidate network were wound down at the end of March 2023.
Seattle technical interviewing startup Karat cuts 47 employees, citing need to invest in growth
Karat laid off 47 employees while saying it would self-fund expansion of its enterprise business, India footprint, Brilliant Black Minds and new products. The company declined to give remaining headco...
Serena Williams teams up with Karat to double the number of Black Software Engineers in the U.S.
Serena Williams made an undisclosed strategic investment to scale Karat's Brilliant Black Minds program of free mock technical interviews. She also became the program's Champion of Brilliance.
Karat raises $110M on a $1.1B valuation to grow its technical interviewing-as-a-service platform
Karat closed a $110 million Series C led by Tiger Global at a $1.1 billion valuation. Norwest, 8VC, Exor, Base Partners and Sempervirens Fund also participated.
Karat Raises $28 Million in Financing Led by Tiger Global
Karat announced a $28 million Series B led by Tiger Global, with Norwest Venture Partners and 8VC participating. The Seattle company said the round brought total funding to more than $41 million.