Credit Karma
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Investors
Founders
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 | — | — 1 |
| Series A | 2009-11-04 | $2.5M | QED Investors | SV Angel, Felicis Ventures, Founders Fund | — 8 |
| Series B | 2013-04-02 | $30M | Ribbit Capital, Susquehanna Growth Equity | Felicis Ventures | — 29 |
| Series C | 2014-03-12 | $85M | CapitalG (Google Capital) | Tiger Global Management, Susquehanna Growth Equity, Ribbit Capital | Under $1B post-money 4 |
| Series C Extension | 2014-09-29 | $75M | CapitalG | Tiger Global, Susquehanna Growth Equity | — 5 |
| Series D | 2015-06-23 | $175M | Tiger Global, Valinor Management, Viking Global | — | $3.5B 610 |
| Secondary | 2018-03-28 | $500M | Silver Lake Partners | — | — 7 |
| Acquisition (announced) | 2020-02-24 | $7.1B | Intuit (acquirer) | — | — 1112 |
| Acquisition (closed) | 2020-12-03 | $8.1B | Intuit (acquirer) | — | — 3 |
What Investors Say
No independently sourced investor testimonials found.
What Founders Say
No independently sourced founder testimonials found.
Sources
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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/↩↩
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Credit Karma, “Credit Karma Secures $30 Million In Series B Funding,” April 2013. https://www.creditkarma.com/about/releases/credit-karma-seriesb-funding↩↩
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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↩↩↩
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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/↩
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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↩
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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↩
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Credit Karma, “Credit Karma and Silver Lake Announce $500 Million Strategic Secondary Investment,” March 28, 2018. Accessed April 2026. https://www.creditkarma.com/about/releases/credit-karma-silver-lake-500-million-investment↩
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TechCrunch, “Credit Karma Raises $2.5 Million To Take The Mystery Out Of Credit Scores,” November 4, 2009. Accessed April 2026. https://techcrunch.com/2009/11/04/credit-karma-raises-2-5-million-to-take-the-mystery-out-of-credit-scores/↩
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TechCrunch, “Credit Karma Raises $30 Million Series B, Becomes More Like Mint As It Expands Beyond Credit Monitoring,” April 2, 2013. Accessed April 2026. https://techcrunch.com/2013/04/02/credit-karma-raises-30-million-series-b-becomes-more-like-mint-as-it-expands-beyond-credit-monitoring/↩
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TechCrunch, “Credit Karma Has Raised $175M On A Valuation Of $3.5B, As It Looks To An IPO In The Next 1-2 Years,” June 23, 2015. Accessed April 2026. https://techcrunch.com/2015/06/23/credit-karma-has-raised-175m-on-a-valuation-of-3-5b/↩
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Intuit Investor Relations, “Intuit to Acquire Credit Karma,” February 24, 2020. Accessed April 2026. https://investors.intuit.com/news-events/press-releases/detail/237/intuit-to-acquire-credit-karma↩
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TechCrunch, “Intuit confirms that it is buying Credit Karma for $7.1B in cash and stock,” February 24, 2020. Accessed April 2026. https://techcrunch.com/2020/02/24/intuit-credit-karma/↩