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.