Credit Karma Valued at $3.5bn and Planning an IPO
Credit Karma, the online credit score provider and credit marketplace, announced a raise of $175m at a $3.5bn valuation today. Investors in the round include Tiger Global Management, Valinor Management and Viking Global Investors. Credit Karma has now raised $368.5m in total capital. TechCrunch is also reporting that the company, which was founded in 2008, is on track to file for an IPO within the next year and a half.
Credit Karma is a member of the Triton Research IPO Watchlist, a continuously updating database of companies we expect to either IPO or be acquired. The current IPO Watchlist is comprised of 106 companies organized by investment theme.