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Karat Alternatives & Competitors

Last updated

The closest alternatives to Karat are CodeSignal, Codility and HackerRank. Karat generates $73.6M in revenue with 372 employees. Every one of the 6 alternatives below is compared with Karat on revenue, funding, customers, team size and founding year.

Karat at a glance

Revenue
$73.6M
Valuation
$1.1B
Funding
$169.1M
Team size
372
Founded
2014

Karat vs its top alternatives

Karat is pinned as the first column so every figure is read against it. Blank cells are figures we have not verified, never zeros.

Karat compared with its top alternatives on revenue, funding, customers and team size
CompanyKarat logoKaratThis companyCodeSignal logoCodeSignalCodility logoCodilityHackerRank logoHackerRankWoventeams logoWoventeamsHireVue logoHireVueCoderPad logoCoderPad
Revenue$73.6M$53.8M$13.8M$221M$8.4M$89M$17.8M
Valuation$1.1BNot disclosedNot disclosedNot disclosedNot disclosedNot disclosedNot disclosed
Funding raised$169.1M$87.5M$22.1M$102.9M$3.1M$93MNot disclosed
CustomersNot disclosedNot disclosed1.5K2K1525KNot disclosed
Team size372116118134336071
Founded201420142009200920172004Not disclosed
HQToronto, CanadaUnited StatesUnited StatesUnited StatesUnited StatesUnited StatesUnited States

Karat competitors ranked

CodeSignal logo

1. CodeSignal

United States · Generative AI Software

CodeSignal, a skills-based assessment platform that helps companies evaluate and hire top technical talent. CodeSignal's platform uses machine learning and predictive analytics to assess candidates' coding skills, as…

CodeSignal revenue & fundingKarat vs CodeSignal

Revenue
$53.8M
Funding
$87.5M
Team size
116
Codility logo

2. Codility

United States · Generative AI Software

Codility is a cloud-based tech recruiting platform that helps businesses assess and hire technical talent. The platform provides coding assessments and challenges to help companies evaluate candidates' coding skills and…

Codility revenue & fundingKarat vs Codility

Revenue
$13.8M
Funding
$22.1M
Customers
1.5K
Team size
118
HackerRank logo

3. HackerRank

United States · Generative AI Software

HackerRank is a technical skills assessment and recruitment platform that helps companies evaluate and hire software developers. The platform provides a library of coding challenges and programming tests in a variety of…

HackerRank revenue & fundingKarat vs HackerRank

Revenue
$221M
Funding
$102.9M
Customers
2K
Team size
13
HireVue logo

5. HireVue

United States · Generative AI Software

HireVue is an American software company that specializes in video interviewing and assessment technology for job candidates. The company was founded in 2004 and is headquartered in South Jordan, Utah. HireVue's platform…

HireVue revenue & fundingKarat vs HireVue

Revenue
$89M
Funding
$93M
Customers
25K
Team size
360
CoderPad logo

6. CoderPad

United States · Generative AI Software

CoderPad is a technical interview platform for leading development teams. It enables a quick, accurate read on a candidate’s skills. CoderPad works like an IDE to help candidates easily share their skills and ensure you…

CoderPad revenue & fundingKarat vs CoderPad

Revenue
$17.8M
Team size
71

Karat vs the Generative AI Software market

Karat ranks #110 of 7,632 Generative AI Software companies by annual revenue, putting it in the top 1% of the market.

Companies tracked
7,632
Median revenue
$1.1M
Median funding
$6M
Median team size
9

Karat funding

Karat funding rounds with amount raised and valuation
DateRoundAmountValuation
Oct 2021Series C$110M$1.1B
Oct 2020Venture$17.5MNot disclosed
May 2019Series B$28MNot disclosed
May 2017Series A$11.3MNot disclosed
Nov 2015Seed$2.3MNot disclosed

Karat competitors FAQ

Who are Karat's competitors?

The closest alternatives to Karat are CodeSignal, Codility and HackerRank. This page compares each of them with Karat on revenue, funding, customers and team size.

What is the best alternative to Karat?

CodeSignal is the closest alternative to Karat, generating $53.8M in revenue. Which alternative fits best depends on budget and company size, so compare all 6 alternatives above before choosing.

How much revenue does Karat generate?

Karat generates $73.6M in revenue.

How much funding has Karat raised?

Karat has raised $169.1M in funding.

Is Karat bigger than CodeSignal?

Yes. Karat generates $73.6M in revenue versus $53.8M at CodeSignal.