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Summary - Funding Rounds

Founding Date

2007

Total Funding

$841.1 m

Investors

In total, Credit Karma had raised $841.1 m. Credit Karma is a subsidiary of Intuit

Credit Karma Funding Rounds

DateShares IssuedShare PriceAmount RaisedPost-money ValuationValuation Step-up

Series A

Oct 200813,230,090$0.03$432.9 k$5.4 m

Series A

Nov 200925,336,130$0.07$1.7 m$14.6 m2.7

Series B

Mar 201352,041,240$0.56$29.1 m$154.3 m10.6

Series C

Mar 201423,647,750$2.54$60 m$761.2 m4.9

Unattributed

Sept 2014$75 m

Series D

Jun 201512,436,748$14.07$175 m$3.5 b4.6

Unattributed

Mar 2018$500 m

Credit Karma Income Statement

Annual

USDY, 2016FY, 2021

Revenue

500.0m865.0m

Revenue growth, %

43%

General and administrative expense

246.0m

Operating expense total

756.0m

Depreciation and amortization

140.0m

EBIT

182.0m

EBIT margin, %

21%

Quarterly

USDQ2, 2021Q3, 2021

Revenue

144.0m316.0m

EBIT

38.0m117.0m

EBIT margin, %

26%37%

Credit Karma Ratios

USDY, 2016

Revenue/Employee

1.2m

Credit Karma Operating Metrics

Y, 2016May, 2017Jun, 2017Sep, 2018Oct, 2019Feb, 2020Jul, 2020Apr, 2021Jul, 2021

Customers

60 m70 m80 m100 m

Monthly Credit Card Accounts Analyzed

5 m

Annual Percentage Yield

2.03%

FDIC Insurance

$5 m

Monthly Active Users

37 m

Patent Applications (US)

1

Patents

11

Trademark Applications

3

Trademarks

77

Credit Karma Human Capital

Ethnicity

Y, 2017
Asian, percent43%
Hispanic, percent8%
White, percent43%
Other6%

Gender

Y, 2017
Female, percent31%
Male, percent69%

Credit Karma Employee Rating

3.7280 votes
Culture & Values
3.7
Work/Life Balance
3.8
Senior Management
3.2
Salary & Benefits
4.1
Career Opportunities
3.3
Source