Credit Karma IPO

creditkarma.com

Credit Karma, the company that operates a platform to help consumers monitor their credit score founded in 2007, will be acquired by Intuit for just over $7 billion according to a press release from February 24, 2020.

As a private company, Credit Karma raised funds from Ventures Capital investors totaling approximately $315 million. These investors included Silver Lake Management, Archer Venture Capital, Ben Jen Holdings, eBrands.vc, CapitalG, Tiger Global Management, Ribbit Capital, Susquehanna Growth Equity, Felicis Ventures, Founders Fund, and QED Investors. Credit Karma’s last private funding was in 2015, when it raised $175 million in a Series D with a post-money valuation of $3.5 billion.

SectorFinTech
Founded2007
Total Funding to Date$223.33MM
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Credit Karma Ticker Symbol

Credit Karma does not have a ticker symbol because this company got acquired.

Credit Karma Stock Price

The stock price for Credit Karma will be known as it becomes public. Here are similar public companies: Paypal (NAS: PYPL), Robinhood (NAS: HOOD), E-Trade (NAS: ETFC), Tradeweb (NAS: TW).

Major Investors for Credit Karma

Tiger Global Management
Susquehanna Growth Equity
SV Angel
Felicis Ventures
Founders Fund
500 Startups
Ribbit Capital
Google Capital
Valinor Management
Viking Global Investors LP

Credit Karma Funding Rounds and IPO Valuation

Date Funding Round Funding Raised Price per Share IPO Valuation
6/23/2015 Series D $154.05MM raised $XXX.XX $XXX.XX
3/12/2014 Series C $45.53MM raised $XXX.XX $XXX.XX
3/20/2013 Series B $22.2MM raised $XXX.XX $XXX.XX
11/4/2009 Series A-2 $1.19MM raised $XXX.XX $XXX.XX
10/15/2008 Series A-1 $365.55K raised $XXX.XX $XXX.XX
Based on primary financings
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