We help businesses manage their finances.

Nice to meet you!

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We're Eric and Will.

We met each other playing board games in 2017.

Eric was working at Instagram helping businesses grow and saw how they struggled to manage their finances. Will was running an investment fund and previously worked at Goldman Sachs.

We built Karat because business owners deserve a banking partner that actually helps them *grow* - instead of just being a bucket for you to place your money.

We’ve underwritten over $1.5B in credit since and our deposits are backed by up to $100M in FDIC insurance provided by our banking partners & their sweep networks.

We’re excited to work together. You can reach us at founders@trykarat.com directly.

Backed by the best

We’ve raised over $100M from the best people in the business & fintech world.

Karat in the Press

Get in touch with our PR team or request a press kit by emailing press@trykarat.com.

Karat is a financial technology company and not a bank. Banking services and the Karat Visa® Commercial Card are provided by Grasshopper Bank, N.A. and First Internet Bank of Indiana, Members FDIC, pursuant to separate licenses from Visa U.S.A. Inc. The FDIC’s deposit insurance only protects against the failure of an FDIC-insured bank.