For Upstart Karat, $28 Million is Good as Gold

Karat, a Seattle based startup which focuses on creating advanced, predictive technical interviews that enrich the hiring process for its clients, has raised new funding to continue its endeavors.

The company announced that Tiger Global Management, along with Norwest Ventures and 8VC have collectively supplied Karat with $28 million in Series B funding. It’s the third funding round for Karat, which landed it more than $41 million so far.

This new funding round, lead by Tiger, will help the company further expand its “Interview Engineering” platform to more companies.

Karat helps companies supercharge their technical hiring process by re-routing first round interviews to Karat’s interview engineers. Companies are given tips and assistance with the hiring process.

“We are now uniquely positioned to invest in further developing the most predictive, fair, and enjoyable interviews in the industry, “ said Karat’s co founders, Mohit Bhende and Jeffery Spector, in a blog post announcing the funding.

“We want to thank the entire Karat team, our community of Interview Engineers, partners, investors, and advisors who have contributed so much to get us to this important milestone,” said Bhende and Spector. “As a community, we have a shared belief that we can redefine what an interview should be.”

Photo credit: Karat

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