United States · 
Who invested in Karat?
Karat's investors include Tiger Global Management, Norwest Venture Partners, 8VC, Founder Collective and Dig Ventures.
202020212022
$28MSeries B?Venture
United States · Venture startup
Who invested in Karat
Funding summaryUpdated 26 Oct 2026
$28Mraised across 2 rounds since 2019, from 2 sources
- Latest round
- VentureApr 2022
- Biggest round
- $28MSeries B · May 2019
- Investors
- 5 (1 led)
The funding story
Each circle is a round, placed by date and sized by amount. The line above is the running total.
- First round
- Series B, $28M May 2019
- Biggest round
- $28M Series B · May 2019
- Between rounds
- 2.9 years from the last two
The rounds
- Apr 2022VentureAmount undisclosed2 new3 returning
Source recorded
- May 2019
Founders and team
From Karat's own website: 9 on the team.
- Ed McLaughlinPresident & CTO
- Dan WinnCTO
- Electronic ArtsChief People Officer
- Mala SinghChief People Officer
- Natalie GlanceChief Engineering Officer
- Citizens BankCIO & Head of Enterprise Tech & Security
- Margaret SmithHead of Human Resources
- Martin KessHead of Engineering
- Michael RuttledgeCIO & Head of Enterprise Tech & Security
Who was in which round
The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.
Series B2019Venture2022
Tiger Global ManagementL
Norwest Venture Partners
8VC
Founder Collective
Dig Ventures
Tiger Global ManagementLNorwest Venture Partners8VCFounder CollectiveDig VenturesEveryone who backed them
Missing a round, or an investor who was in one? Tell us.
Also claim to have backed them
These 3 firms list Karat as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above.
Quick answers about Karat
How much has Karat raised?
Karat has raised $28M across 2 rounds since 2019. One round did not disclose an amount, so the total is a floor.
When did Karat last raise?
Karat's most recent round was a Venture in Apr 2022.
What was Karat's biggest round?
Karat's largest round on record is $28M (Series B), in May 2019, led by Tiger Global Management.
Who backed Karat first?
Karat's first round on record, in May 2019, was backed by Tiger Global Management, Norwest Venture Partners and 8VC.
What stage is Karat at?
Karat's latest named round is a Venture, in Apr 2022.
Where is Karat based?
Karat is based in the United States.
Who led Karat's rounds?
Tiger Global Management led the Series B in 2019.
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