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Valuation

$1.1B

2024 Revenue

$73.6M

Funding

$169.1M

Team

372

Founded

2014

How Karat CEO Mohit Bhende grew to $73.6M revenue with a 372 person team 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.

Karat Revenue GrowthReported revenue / ARR over time$0$20M$40M$60M$80M201420162018202020222024$0$28M$46M$74MSource: GetLatka.com
YearMilestoneQuote
2024Karat Hit $73.6m revenue in December 2024
2022Karat Hit $46.3m revenue in November 2022
2021Karat Hit $27.9m revenue in October 2021
2014Launched 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.

Karat Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$250M$500M$750M$1B$1B201420152016201720182019202020212014 cumulative: $0 • 2014 Founded: $02015 cumulative: $2M • 2014 Founded: $0 • 2015 Seed Round: $2M2017 cumulative: $14M • 2014 Founded: $0 • 2015 Seed Round: $2M • 2017 Series A: $11M2019 cumulative: $42M • 2014 Founded: $0 • 2015 Seed Round: $2M • 2017 Series A: $11M • 2019 Series B: $28M2020 cumulative: $59M • 2014 Founded: $0 • 2015 Seed Round: $2M • 2017 Series A: $11M • 2019 Series B: $28M • 2020 Venture Round: $18M2021 cumulative: $169M • 2014 Founded: $0 • 2015 Seed Round: $2M • 2017 Series A: $11M • 2019 Series B: $28M • 2020 Venture Round: $18M • 2021 Series C: $110M @ $1B valuation$169M2014 Founded: $0 valuation2021 Series C: $1B valuation$1BSource: GetLatka.com
YearRoundAmountValuation% SoldQuote
2021Series C$110M$1.1B10%
2020Venture Round$17.5M--
2019Series B$28M--
2017Series A$11.3M--
2015Seed Round$2.3M--

Founder / CEO

Mohit Bhende

Mohit Bhende is listed as Founder / CEO at Karat.

Q&A

QuestionAnswer
What's your age?-
Favorite online tool?-
Favorite book?-
Favorite CEO?-
Advice for 20 year old self-

Customers

We do not have customer count information for Karat yet.

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.

Karat Team GrowthReported headcount over time0100200300400500201420162018202020222024202500372372Source: GetLatka.com
YearMilestone
2025Reached 372 employees (November 2025)
2024Reached 359 employees (December 2024)
2024Reached 388 employees (October 2024)
2023Reached 388 employees (November 2023)
2023Reached 388 employees (July 2023)
2022Reached 386 employees (November 2022)
2022Reached 386 employees (April 2022)
2021Reached 285 employees (November 2021)
2021Reached 285 employees (October 2021)
2020Reached 244 employees (November 2020)

Frequently Asked Questions about Karat

What is Karat's revenue?

Karat generates $73.6M in revenue.

Who founded Karat?

Karat was founded by Mohit Bhende.

Who is the CEO of Karat?

The CEO of Karat is Mohit Bhende.

How much funding does Karat have?

Karat raised $169.1M.

How many employees does Karat have?

Karat has 372 employees.

Where is Karat headquarters?

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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