# Karat funding: rounds and investors > Karat has raised $28M across 2 rounds since 2019. Investors include Tiger Global Management, Norwest Venture Partners and 8VC. Every round with its source. Source: https://millionrounds.com/company/karat (Millionrounds; every figure on the page links to its filing or article) United States · [Venture startup](https://millionrounds.com/companies) # Who invested in *Karat* 2 rounds we have observed, with the 5 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it. HR Tech Valuation: $1.1B, Mar 2026 Funding summary Updated 26 Oct 2026 **$28M** raised across 2 rounds since 2019, from 2 sources - **Latest round:** Venture Apr 2022 - **Biggest round:** $28M Series B · May 2019 - **Investors:** 5 (1 led) See who backed them ## The funding story Each circle is a round, placed by date and sized by amount. The line above is the running total. 2020 2021 2022 **$28M** Series B **?** Venture - **First round:** Series B, $28M - **Biggest round:** $28M - **Between rounds:** 2.9 years ## The rounds - **Apr 2022** Venture **Amount undisclosed** *2 new* *3 returning* [Tiger Global Management](https://millionrounds.com/fund/tiger-global-management) [Norwest Venture Partners](https://millionrounds.com/fund/norwest) [Founder Collective](https://millionrounds.com/fund/founder-collective) [8VC](https://millionrounds.com/fund/8vc) [Dig Ventures](https://millionrounds.com/fund/dig-ventures) Source recorded - **May 2019** Series B **$28M** *3 new* [Tiger Global Management](https://millionrounds.com/fund/tiger-global-management) Lead [Norwest Venture Partners](https://millionrounds.com/fund/norwest) [8VC](https://millionrounds.com/fund/8vc) Reported by FinSMEs ## Founders and team From Karat's own website: 9 on the team. - **Ed McLaughlin** President & CTO - **Dan Winn** CTO - **Electronic Arts** Chief People Officer - **Mala Singh** Chief People Officer - **Natalie Glance** Chief Engineering Officer - **Citizens Bank** CIO & Head of Enterprise Tech & Security - **Margaret Smith** Head of Human Resources - **Martin Kess** Head of Engineering - **Michael Ruttledge** CIO & 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 B** 2019 **Venture** 2022 [Tiger Global Management](https://millionrounds.com/fund/tiger-global-management) L [Norwest Venture Partners](https://millionrounds.com/fund/norwest) [8VC](https://millionrounds.com/fund/8vc) [Founder Collective](https://millionrounds.com/fund/founder-collective) [Dig Ventures](https://millionrounds.com/fund/dig-ventures) ## Everyone who backed them [Tiger Global Management](https://millionrounds.com/fund/tiger-global-management) VC firm **2** rounds, led 1 [Norwest Venture Partners](https://millionrounds.com/fund/norwest) VC firm **2** rounds [8VC](https://millionrounds.com/fund/8vc) VC firm **2** rounds [Founder Collective](https://millionrounds.com/fund/founder-collective) VC firm **1** round [Dig Ventures](https://millionrounds.com/fund/dig-ventures) VC firm **1** round Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=karat). ## 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. [HighSage Ventures](https://millionrounds.com/fund/highsage-ventures) VC firm Per its own site [SemperVirens Venture Capital](https://millionrounds.com/fund/sempervirens-venture-capital) VC firm Per its own site [Conduit](https://millionrounds.com/fund/conduit) Accelerator Per its own site ## Quick answers about Karat ### Who invested in Karat? Karat's investors include Tiger Global Management, Norwest Venture Partners, 8VC, Founder Collective and Dig Ventures. ### 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. ## Companies like Karat In the same sector, and raised in the last eighteen months. [**VIVA Finance** $370M · Oct 2026](https://millionrounds.com/company/viva-finance)[**Origin** $121M · Oct 2026](https://millionrounds.com/company/origin)[**Angle Health** $1.2B · Sept 2026](https://millionrounds.com/company/angle-health)[**Thatch** $151M · Sept 2026](https://millionrounds.com/company/thatch)[**Intermezzo** $10M · Sept 2026](https://millionrounds.com/company/intermezzo)[**BrightPlan** $14M · Sept 2026](https://millionrounds.com/company/brightplan) ## Find investors like these Search every investor by what they have actually funded, then narrow to your stage and market. Free. Open the investor searchOr these rounds in the app