Valuation · 2021
$1.1B
2024 Revenue
$73.6M
Funding
$169.1M
Team · 2025
372
Founded
2014
Karat Revenue, Valuation & Funding (2024)
Karat generated $73.6M in revenue in 2024.
Karat is the world leader in technical interviewing and pioneer of the Interviewing Cloud.
Last updated
Karat Revenue
In 2024, Karat's revenue reached $73.6M. The company previously reported $46.3M in 2022. Since its launch in 2014, Karat has shown consistent revenue growth.
| Year | Milestone | Source |
|---|---|---|
| 2024 | Karat Hit $73.6m revenue in December 2024 | Not recorded |
| 2022 | Karat Hit $46.3m revenue in November 2022 | Not recorded |
| 2021 | Karat Hit $27.9m revenue in October 2021 | Not recorded |
| 2014 | Launched with $0 revenue |
Karat Valuation, Funding Rounds
Karat reached a $1.1B valuation in 2021, set during its Series C round.
Karat has raised $169.1M in total funding across 5 rounds, most recently a $110M Series C round in 2021.
| Year | Round | Amount | Valuation | % Sold | Source |
|---|---|---|---|---|---|
| 2021 | Series C | $110M | $1.1B | 10% | Not recorded |
| 2020 | Venture | $17.5M | - | - | Not recorded |
| 2019 | Series B | $28M | - | - | Not recorded |
| 2017 | Series A | $11.3M | - | - | Not recorded |
| 2015 | Seed | $2.3M | - | - | Not recorded |
Founder / CEO
Karat Employees & Team Size
Karat employs approximately 372 people as of 2026, up from 359 in 2024, including 33 sales reps that carry a quota.
| Year | Milestone | Source |
|---|---|---|
| 2025 | Reached 372 employees (November 2025) | Not recorded |
| 2024 | Reached 359 employees (December 2024) | Not recorded |
| 2024 | Reached 388 employees (October 2024) | Not recorded |
| 2023 | Reached 388 employees (November 2023) | Not recorded |
| 2023 | Reached 388 employees (July 2023) | Not recorded |
| 2022 | Reached 386 employees (November 2022) | Not recorded |
| 2022 | Reached 386 employees (April 2022) | Not recorded |
| 2021 | Reached 285 employees (November 2021) | Not recorded |
| 2021 | Reached 285 employees (October 2021) | Not recorded |
| 2020 | Reached 244 employees (November 2020) | Not recorded |
Frequently Asked Questions about Karat
What is Karat's revenue?
As of 2024, Karat generated $73.6M in revenue.
What is Karat's valuation?
As of 2021, Karat was valued at $1.1B.
Who founded Karat?
Karat was founded by Mohit Bhende.
When was Karat founded?
Karat was founded in 2014.
Who is the CEO of Karat?
The CEO of Karat is Mohit Bhende.
How much funding does Karat have?
Karat raised $169.1M across 5 rounds.
How many employees does Karat have?
As of 2025, Karat had 372 employees.
Where is Karat headquartered?
Karat is headquartered in Toronto, Ontario, Canada.
Compare Karat to the industry
Karat operates across multiple industries. Browse revenue, funding, and growth data for Karat in each sector below.
Data and Sources
All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.
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