Karat
The profile is currenly unclaimed by the seller. All information is provided by CB Insights.
Founded Year
2014Stage
Angel | AliveTotal Raised
$151.6MMosaic Score
+10 points in the past 30 days
About Karat
Karat conducts first-round technical interviews on behalf of companies. Candidates can schedule their interview 24/7 and can choose to redo their interview if they feel they could perform better. The company was founded in 2014 and is based in Seattle, Washington.
Karat Headquarters Location
1414 NE 42nd St Ste 204
Seattle, Washington, 98105,
United States
509-761-9141
Expert Collections containing Karat
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Karat is included in 2 Expert Collections, including HR Tech.
HR Tech
4,016 items
HR tech startups are helping companies manage critical pain points in HR processes such as recruitment, automation, career development, compensation, and benefits management, through a mix of software and services.
Unicorns- Billion Dollar Startups
1,182 items
Latest Karat News
Aug 5, 2022
Despite the market turbulence affecting the lives of thousands of individuals, there is a potential silver lining to layoffs, should companies choose to reach for it, Spector says. A slow-down in hiring, he explains, creates an opportunity to revamp hiring processes for the future, and double down on diversity and inclusion efforts. "Traditionally, the interview and hiring process for tech workers has not been inclusive, leading to an industry that does not accurately represent the world outside of tech," Spector says. "But more problematic is that it has set up a system that is structurally biased against certain populations." A recent survey conducted by Karat and the Harris Poll revealed that only 48% of engineering leaders strongly agree with the statement that diversity, equity and inclusion is a strategic priority for their company. The need to accelerate the goal of delivering fair, unbiased interviews that will generate more opportunities for candidates from underrepresented backgrounds is significant, according to Spector. "For companies, this is the time to build your systems correctly, more inclusively and establish long-term relationships with your candidates," he says. "Improving your own internal systems now will enable you to be ready to hit the ground running when the market inevitably shifts again." A strong and consistent focus on DEI has typically been the first thing to get scrapped at many companies when the market experiences turbulence, Spector says, especially at tech companies, where the number of Black software engineers in the U.S has hovered at 5% for years, according to the Karat and Harris Poll data. "These are the times when hiring inclusively matters the most to underrepresented talent — what is good for DEI is also good for overall hiring efficiency," he says. "Right now, the organizations that are able to invest in building a more intentional and inclusive hiring process are going to have a huge competitive advantage as we emerge from the current market disruption."
Karat Web Traffic
Karat Rank
When was Karat founded?
Karat was founded in 2014.
Where is Karat's headquarters?
Karat's headquarters is located at 1414 NE 42nd St, Seattle.
What is Karat's latest funding round?
Karat's latest funding round is Angel.
How much did Karat raise?
Karat raised a total of $151.6M.
Who are the investors of Karat?
Investors of Karat include Serena Williams, Norwest Venture Partners, 8VC, Tiger Global Management, Base Partners and 6 more.
Who are Karat's competitors?
Competitors of Karat include TestGorilla and 8 more.
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