Karat was established in 2019 and is a Y-Combinator company backed by SignalFire, Union Square Ventures, and CRV.

Individual investors include Twitch cofounder Kevin Lin, YouTube cofounder Steve Chen, Twitter cofounder Biz Stone, and the former CEOs of CAA, Wealthfront, and TikTok.

Creator-led investors include 3LAU, Graham Stephan, Sam Kolder, Carter Sharer, Nas Daily, Lenny Rachitsky, Josh Richards, TierZoo, and Alexandra Botez.

In 2022, Karat was named one of Fast Company’s 10 Most Innovative Financial Companies, and Y-Combinator included us as one of its Top Companies.