HomeUSAKarat Raises $28M in Series B Financing

Karat Raises $28M in Series B Financing

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KaratKarat, a Seattle, WA-based leader in conducting technical interviews on behalf of companies, raised $28m in Series B funding.

The round, which has raised over $41m in total funding, was led by Tiger Global Management, with participation from existing investors Norwest Venture Partners and 8VC.

The company intends to use the funds to:
– scale its solution and its community of Interview Engineers.
– invest in R&D to leverage its body of structured-interview intelligence to continuously improve its predictive and fair technical interviews for hiring software engineers.

Led by co-founders Mohit Bhende and Jeffrey Spector, Karat conducts technical interviews on behalf of organizations hiring software engineers. Karat does this through a community of Interview Engineers who are equipped with the company’s interviewing infrastructure, battle-tested questions, and data-informed best practices.
Beyond interviewing, clients are able to access Karat’s global dataset of structured-interview intelligence, which delivers hiring analytics and talent-market intelligence to executives.

Clients include Roblox, InVision, and Chan Zuckerberg Initiative.

FinSMEs

15/05/2019

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