Karat, a Seattle-based HRTech startup founded in 2014 by Jeffrey Spector and Mohit Bhende, has raised $248 million in total funding, reaching a $1.1 billion valuation as of October 2021. The company provides interview engineering services that help organizations conduct high-quality, structured technical interviews using professional interviewers and analytics tools. Supported by investors such as Tiger Global Management, Base Partners, and 8VC, Karat’s Series C round of $110 million strengthens its mission to make hiring more data-driven and equitable through its innovative Interviewing Cloud platform.