Company Research Report: Karat Inc.

Company Overview

Name: Karat Inc.

Mission: Karat is committed to improving the quality, efficiency, and equity of the technical hiring process. Their goal is to create opportunities by making interviews predictive, fair, and enjoyable, ultimately unlocking global access to career growth.

Founded: 2014

Founders: Mo Bhende and Jeffrey Spector

Key People:

Mohit Bhende - Chief Executive Officer

Jeffrey Spector - President

Rachael Granby - SVP of Interview Delivery

Nathan Rader - Chief Revenue Officer

John Besteman - SVP of Global GTM Strategy

Amy Sennett - SVP & General Counsel

Lily Thill - VP of People & Culture

Headquarters: Seattle, WA, United States

Number of Employees: No information available

Revenue: No information available

Known For: Karat is known as the world’s largest interviewing company, providing end-to-end solutions that enhance the hiring of technical talent by integrating seamless human and technological approaches.

Products

Overview

Karat offers a suite of products designed to support and optimize the hiring funnel for technical positions with innovative human and technological methodologies.

1. Karat Qualify

Description: A product to elevate the top-of-funnel evaluation process by utilizing advanced screening capabilities.

Key Features:

Streamlines candidate assessment

Enhances early-stage candidate filtering

2. Karat Interview

Description: Provides a platform for generating a stronger signal on technical skill through robust interviewing techniques.

Key Features:

Real-time, human-conducted technical interviews

Differentiated insights on candidates' capabilities

3. Hiring Insights

Description: Offers detailed analytics and data-driven insights to enhance the hiring process.

Key Features:

Provides deep insights and analytics regarding hiring patterns and candidate performance

Facilitates continuous improvement through data intelligence

Solutions

Karat specializes in providing tailored solutions to address various hiring needs:

Global Hiring: Expanding recruitment efforts worldwide, focusing on expert insight and readiness for diverse markets.

Industry Hiring: Specialized strategies for different industry sectors.

Early Career Solutions: Supporting young professionals' entry into technical fields.

Equitable and Inclusive Hiring: Fostering diversity and inclusivity within hiring practices.

Internal Mobility: Promoting talent movement within organizations.

Contingent Staffing: Flexible staffing solutions for temporary or project-based hiring.

Recent Developments

New Product Launches: No specific new product launches reported in the provided data.

New Features:

Introduction of innovative solutions for enhancing 24/7 interview capabilities and increasing interview capacity.

Continued improvement of predictive results through advanced data and technology integration.

Emphasis on providing fair and friendly candidate experiences through their Interviewing Cloud platform.

Partnerships: No information available on any new partnerships.

Testimonials

Joseph Sirosh, Former CTO at Compass: Praised Karat’s Interviewing Cloud for freeing up over 25,000 hours of developer time, allowing focus on product innovation.

Ran Harpaz, Former CTO at Hippo: Credited Karat with providing consistency and systematic output in the hiring process.

Dan Winn, CTO at Deliveroo: Appreciated the accelerated and standardized information gathering on candidates.

Margaret Smith, Head of Human Resources at Compass: Highlighted the scalability and data-driven insights provided by Karat, underlining market benchmarking improvements.

Conclusion

Karat Inc., founded by Mo Bhende and Jeffrey Spector, has set out to revolutionize the technical hiring landscape by offering sophisticated products and solutions designed to streamline and enhance the process. By focusing on providing valuable insights, equitable hiring practices, and seamless integration of human expertise and technology, Karat remains a pivotal player in transforming how organizations recruit and harness technical talent globally.