Credit Karma Receives $85,000,000 New Funding

  • Feed Type
  • Date
    3/12/2014
  • Company Name
    Credit Karma
  • Mailing Address
    115 Sansome Street San Francisco, CA 94104
  • Company Description
    Credit Karma offers a new way to track your credit score and a unique way to benefit from it. For the first time you can get a truly free credit score with no hidden costs or obligations. Based on your score, you gain access to exclusive offers from companies that value your creditworthiness.
  • Website
    http://www.creditkarma.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $85,000,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    Credit Karma intends to use the new capital to invest heavily in new, free services to help consumers better understand and manage their finances and to make finding and applying for new financial services products intelligent and seamless. Credit Karma also plans on accelerating employee hiring in order to meet these goals.
  • M&A Terms
  • Venture Investor
    Google Capital
  • Venture Investor
    Tiger Global Management
  • Venture Investor
    Ribbit Capital
  • Venture Investor
    Susquehanna Growth Equity

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