Credit Karma

Summary acquired Updated Mar 20, 2026

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Location San Francisco, CA
Founded 2007
Latest Stage Series D
Total Raised $869M
Acquired By Intuit

Investors

Ron Conway Seed (2007)
Aydin Senkut ~2012 (2012)
Micky Malka Series B (2013)
Nigel Morris Seed (2009)
Meyer 'Micky' Malka Early stage (2014)
Frank Rotman Series A (2009)
Dave McClure Seed (led) (2009)
Christine Tsai Seed (2012)
Laela Sturdy Series C (2014)
QED Investors Series A (2009)
SV Angel Series A (2009)
felicis-ventures Series A (2009)
Founders Fund Series A (2009)
Ribbit Capital Series B (2013)
susquehanna-growth-equity Series B (2013)
CapitalG Series C (2014)
Tiger Global Management Series C (2014)
Tiger Global Management Series D (2015)
valinor-management Series D (2015)
viking-global-investors Series D (2015)
silver-lake Secondary (2018)
felicis ~2012 (2012)
500 Global Seed (led) (2009)

Founders

Kenneth Lin CEO & Co-Founder
Ryan Graciano Co-Founder & CTO
Nichole Mustard Co-Founder & COO

About

Credit Karma is a personal finance platform founded in 2007 by Kenneth Lin, Ryan Graciano, and Nichole Mustard in San Francisco 12. The company provides free credit scores, credit monitoring, and financial product recommendations to over 110 million members 3. Intuit completed its acquisition of Credit Karma on December 3, 2020, for approximately $8.1 billion in a combination of $3.4 billion in cash and 13.3 million shares of Intuit stock and equity awards valued at $4.7 billion 3.

Funding History

Round Date Amount Lead Investor(s) Key Co-Investors Valuation
Angel 2008 $500K Pathfinder
Series A 2009 $2.5M QED Investors SV Angel, Felicis Ventures, Founders Fund
Series B Mar 2013 $30M Ribbit Capital, Susquehanna Growth Equity Felicis Ventures
Series C Mar 2014 $85M CapitalG (Google Capital) Tiger Global Management
Series C Extension Sep 2014 $75M CapitalG Tiger Global, Susquehanna Growth Equity $1B
Series D Jun 2015 $175M Tiger Global, Valinor Management, Viking Global $3.5B (pre-money)
Secondary Mar 2018 $500M Silver Lake Partners $4B
Acquisition Dec 2020 $8.1B Intuit (acquirer) $8.1B

Sources: 1245673

What Investors Say

No independently sourced investor testimonials found.

What Founders Say

No independently sourced founder testimonials found.

Sources


  1. Crunchbase News, “As Intuit Buys Credit Karma For $7.1B, A Quick Look Back At Its Funding History,” February 2020. https://news.crunchbase.com/venture/as-intuit-eyes-credit-karma-for-7b-a-quick-look-back-at-its-funding-history/

  2. Credit Karma, “Credit Karma Secures $30 Million In Series B Funding,” April 2013. https://www.creditkarma.com/about/releases/credit-karma-seriesb-funding

  3. Intuit Investor Relations, “Intuit Completes Acquisition of Credit Karma,” December 2020. https://investors.intuit.com/news-events/press-releases/detail/202/intuit-completes-acquisition-of-credit-karma

  4. TechCrunch, “Credit Karma Confirms New $85M Financing Round Led By Google Capital,” March 2014. https://techcrunch.com/2014/03/12/credit-karma-confirms-new-85m-financing-round-led-by-google-capital/

  5. Credit Karma, “Credit Karma Announces $75MM in New Investments from Existing Investors Google Capital, Tiger Global Management and Susquehanna Growth Equity,” September 2014. https://www.creditkarma.com/about/releases/credit-karma-announces-75mm-in-new-investments-from-existing-investors

  6. Credit Karma, “Credit Karma Raises $175 Million Series D,” June 2015. https://www.creditkarma.com/about/releases/credit-karma-raises-175-million-series-d-to-accelerate-plans-to-reengineer-personal-finance

  7. Credit Karma, “Credit Karma and Silver Lake Announce $500 Million Strategic Secondary Investment,” March 2018. https://www.creditkarma.com/about/releases/credit-karma-silver-lake-500-million-investment