Karat vs Figma
Side-by-side comparison of AI visibility scores, market position, and capabilities
Seattle technical interviewing platform at $1.1B valuation from $248M total ($110M Salesforce Ventures/Serena Williams Series C 2022); acquired Triplebyte assessment tech Mar 2023, competing with HackerRank for enterprise engineering interview outsourcing.
About
Karat is a Seattle, Washington-based technical interviewing platform — backed with $248 million in total funding including a $110 million Series C in April 2022 led by Salesforce Ventures and Serena Williams at a $1.1 billion valuation — providing enterprise technology companies and growth-stage startups with an outsourced technical interview service that deploys a global network of expert interview engineers (experienced software engineers who conduct interviews as a service) to conduct first-round technical interviews at scale, reducing time-to-hire and expanding diverse talent pipelines through standardized, bias-reduced interview methodology. Serving major tech companies, Karat acquired Triplebyte's adaptive assessment technology in March 2023, adding automated skills verification capabilities to its expert-led interview service.
Dominant browser-based collaborative UI design platform at ~$600M ARR and $12.5B valuation; Adobe's $20B acquisition blocked by regulators in 2023, Figma remains independent competing with Sketch and Adobe.
About
Figma is a San Francisco-based collaborative web-based product design platform that has become the dominant tool for UI/UX designers and product teams — enabling real-time multi-user collaboration on interface design, prototyping, and design system management directly in the browser without installing desktop software. Founded in 2012 by Dylan Field and Evan Wallace and backed by Sequoia, Greylock, and Andreessen Horowitz with over $330 million raised, Figma generated approximately $600 million in ARR in 2023, serving 4 million+ designers and product teams at companies including Microsoft, Airbnb, Twitter, and Uber. Adobe announced a $20 billion acquisition offer in 2022, which was blocked by regulators in 2023 — Figma remains independent.
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