Credit Karma - About the company
Credit Karma is an acquired company based in San Francisco (United States), founded in 2007 by Kenneth Lin and Ryan Graciano. It operates as a Credit score checking and comparison platform for financial products. Credit Karma has raised $870M in funding from investors like Tiger Global Management, Susquehanna Growth Equity and CapitalG, with last known valuation of $1B. The company has 215 active competitors, including 15 funded and 31 that have exited. Its top competitors include companies like NerdWallet, LendingTree and Raisin.
Sectors and market segments that Credit Karma operate in
Credit Karma serves in the FinTech market segments.The primary business model of Credit Karma is:Company Details
Credit score checking and comparison platform for financial products. It offers comparison tools for consumer loans, prepaid cards for consumers and businesses, insurance, and more. Users can also check credit scores by providing personal information.
- Registered Address
- San Francisco, California
Key Metrics
Founded Year
2007
Location
San Francisco, United States
Stage
Acquired
Total Funding
$870M in 8 rounds
Latest Funding Round
Last Known Valuation
$1B as on Mar 29, 2018
Investors
Ranked
1st among 215 active competitors
Employee Count
2,000 as on Jan 04, 2026
Similar Companies
Exit Details
Acquired by Intuit (Feb 24, 2020)
Legal entities associated with Credit Karma
Credit Karma is associated with 5 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
Credit Karma UK Limited CIN: 7891157 , Germany, Active | Dec 22, 2011 | - | 59 (As on Jul 31, 2021) | |
CREDIT KARMA OFFERS, INC. CIN: 001t000000Wo97eAAB , United States, Active | May 04, 2017 | - | - | - |
CREDIT KARMA MORTGAGE, INC. CIN: 5217510 , United States, Active | Oct 13, 2017 | - | - | - |
CREDIT KARMA, LLC CIN: 6014483 , United States, Active | May 17, 2021 | - | - | - |
CREDIT KARMA, INC. CIN: 260451139 , United States, Active | Dec 26, 999 | - | 1630 (As on Dec 31, 2024) | - |
Credit Karma's acquisition details
Credit Karma got acquired by Intuit on Feb 24, 2020 at an acquisition amount of $7.1B. It was facilitated by Qatalyst Partners, Goldman Sachs, Latham & Watkins and 1 more.
Click here to take a look at Credit Karma's acquisition in detail
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Credit Karma's funding and investors
Credit Karma has raised a total funding of $870M over 8 rounds. Its first funding round was on Oct 2007. Its latest funding round was a Series E round on Mar 29, 2018 for $500M. 1 investor participated in its latest round. Credit Karma has 22 institutional investors and 1 angel investor.
Here is the list of recent funding rounds of Credit Karma:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Mar 29, 2018 | $500M | Series E | $1B | - | - | |
Jun 23, 2015 | $175M | Series D | $3.5B | - | - | |
Sep 29, 2014 | $75M | Series C | $1B | - | - |
View details of Credit Karma's funding rounds and investors
Credit Karma's founders and board of directors
Founder? Claim ProfileThe founders of Credit Karma are Kenneth Lin and Ryan Graciano.
Here are the details of Credit Karma's key team members:
- Kenneth Lin: Former Co-Founder of Credit Karma and founder of 1 other company.
- Ryan Graciano: Co-Founder of Credit Karma. Contact Info: 1 email address
View details of Credit Karma's Founder profiles and Board Members
Credit Karma's employee count trend
Credit Karma has 2,000 employees as of Jan 26. Here is Credit Karma's employee count trend over the years:
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Credit Karma's Competitors and alternates
Top competitors of Credit Karma include NerdWallet, LendingTree and Raisin. Here is the list of Top 10 competitors of Credit Karma, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Credit Karma 2007, San Francisco (United States), Acquired | Credit score checking and comparison platform for financial products | $870M | 80/100 | |
2nd | NerdWallet 2009, San Francisco (United States), Public | App-based comparison platform for financial products | $123M | 79/100 | |
3rd | LendingTree 1996, Charlotte (United States), Acquired | Network connecting consumers with lenders for loans and credit products | - | 78/100 | |
4th | Comparison platform for bank accounts | $304M | 73/100 | ||
5th | QuinStreet 1999, Foster City (United States), Public | Online lending product comparison platform | $4K | 70/100 | |
6th | Flagstone 2013, London (United Kingdom), Series B | Platform providing access to multiple high-interest savings accounts from various banks | $32.8M | 62/100 | |
7th | Bankrate 1976, North Palm Beach (United States), Acquired | Empowering financial well-being through expert guidance, tools, and comparison resources | - | 60/100 | |
8th | MoneySuperMarket 1993, Ewloe (United Kingdom), Public | Developer of an online comparison platform for life and non-life insurance and loans | - | - | 56/100 |
9th | Fluent Money 2008, Horwich (United Kingdom), Acquired | Brokerage firm for secured loans. | - | 51/100 | |
10th | Acorn Finance 2017, Sacramento (United States), Series A | Credit brokerage firm | $12.4M | 51/100 |
Looking for more details on Credit Karma's competitors? Click here to see the top ones
Credit Karma's Investments and acquisitions
Credit Karma has made 2 investments in companies including Jago and Coru. Credit Karma has also acquired 5 companies including Haven and Noddle.Here is the list of investments & acquisitions:
Filter this list
Date of Investment/Acquisition | Type | Company Name | Founded Year | Location |
|---|---|---|---|---|
Oct 04, 2021 | Investments | 1999 | ||
Dec 11, 2019 | Acquisition | 2017 | San Francisco (United States) | |
Nov 04, 2018 | Acquisition | 2011 | Leeds (United Kingdom) |
See all acquisitions by Credit Karma
Reports related to Credit Karma
Here is the latest report on Credit Karma's sector:
News related to Credit Karma
Media has covered Credit Karma for a total of 6 events in the last 1 year, 4 of them have been about people movement and 1 about company updates.
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Nova Credit Secures $35 Million to Enhance Cash Flow UnderwritingPYMNTS.com•Oct 15, 2025•PayPal, Nova Credit, Chase, Yardi and 17 others
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DailyPay Appoints Poulomi Damany as Chief Product OfficerFintech Finance•Oct 01, 2025•DailyPay, Credit Karma
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QED Investors co-founder Frank Rotman to leave firm, start music-focused venturesTechCrunch+•Mar 29, 2025•QED Investors, Credit Karma
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Mailchimp boosts lead generation with new features and improved pop-up forms.Financial Post•Feb 26, 2025•Intuit, Credit Karma, TurboTax
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FTC Begins Refunding $2.5 Million in Credit Karma Deception CasePYMNTS.com•Nov 01, 2024•Credit Karma
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