Credit Karma is a personal finance company that is focused on helping everyone make financial progress. The Company offers a range of tools and personalized recommendations designed to help customers make the most of their money, whether they're interested in getting a better deal on a loan, looking for ways to save or simply monitoring their credit.
TypePrivate
HQSan Francisco, US
Founded2007
Size (employees)914 (est)+3%
Websitecreditkarma.com
Credit Karma was founded in 2007 and is headquartered in San Francisco, US
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Key People/Management at Credit Karma

Ken Lin

Ken Lin

Chief Executive Officer and Founder
Ryan Graciano

Ryan Graciano

Chief Technology Officer
Joseph Kauffman

Joseph Kauffman

CFO
Nichole Mustard

Nichole Mustard

Chief Revenue Officer
Nikhyl Singhal

Nikhyl Singhal

Chief Product Officer
Greg Lull

Greg Lull

Chief Marketing Officer
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Credit Karma Office Locations

Credit Karma has an office in San Francisco
San Francisco, US (HQ)
760 Market St. Fl. 5
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Credit Karma Financials and Metrics

Summary Metrics

Founding Date

2007

Credit Karma total Funding

$841.1 m

Credit Karma latest funding size

$500 m

Time since last funding

6 months ago

Credit Karma investors

Credit Karma's latest funding round in March 2018 was reported to be $500 m. In total, Credit Karma has raised $841.1 m. Credit Karma's latest valuation is reported to be $3.5 b.
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Credit Karma Revenue

Credit Karma's revenue was reported to be $500 m in Y, 2016 which is a 42.9% increase from the previous period.
USD

Revenue (Y, 2016)

500 m

Revenue growth (Y, 2015 - Y, 2016), %

42.9%

Market valuation

3.5 b
USDY, 2015EY, 2016

Revenue

350 m500 m

Revenue growth, %

43%
USDY, 2016

Revenue/Employee

1.2 m
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Credit Karma Operating Metrics

Credit Karma's Customers was reported to be 80 m in Sep, 2018.
Y, 2016May, 2017Jun, 2017Sep, 2018

Customers

60 m70 m80 m

Monthly Credit Card Accounts Analyzed

5 m
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Credit Karma Acquisitions / Subsidiaries

Acquired CompanyDateDeal Size
ApprovedAugust 17, 2018
Penny AppMarch 14, 2018
SnowballDecember 30, 2015

Human Capital Metrics

Credit Karma's employees are reported to be approximately 31% female and 69% male.
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Credit Karma Online and Social Media Presence

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Credit Karma News and Updates

Credit Karma acquires mortgage platform Approved

Credit Karma, the service best known for providing free credit score monitoring and other financial advice (mostly to millennials), is getting into the mortgage business. The company today announced that it has acquired Approved, a mortgage platform that brings modern technology to a process that ev…

Credit Karma expands its identity theft monitoring tool to include dark web data

Credit Karma is best known for being the only reason anyone is ever willing to peek at their credit score, but the company has other things it wants you to be less stressed out about too. After introducing a free identity monitoring tool for its users late last year, Credit Karma is widening the sco…

Silver Lake is buying a $500M stake in Credit Karma in a massive secondary round

Credit Karma, which once started as a simple credit report system and is now looking to expand into a true financial assistant, announced today it is getting a massive $500 million secondary investment from Silver Lake. As part of the investment, Credit Karma says it is getting a 23% bump in the val…

Credit Karma’s Lin: The Goal Is To Make Financial Services Frictionless

Can’t make the Future of Fintech conference? Sign up to watch the livestream. “Everyone views their underwriting model as their secret sauce,” according to Kenneth Lin, CEO and founder of Credit Karma, speaking about banks reluctance to work with the … Continued

Credit Karma touts $500 million in revenues

 It turns out that you can make a lot of money by giving stuff away for free. That’s the lesson from Credit Karma, which today is announcing that it’s running its business profitably after earning $500 million in revenues last year. Read More
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Credit Karma Company Life and Culture

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