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Credit Karma
AddedFeb 13, 2024
UpdatedMay 28, 2026
Credit Karma

Credit Karma

Acquired Subsidiary

Credit Karma provides free credit scores, reports, and personalized financial product recommendations.

HQ
Oakland, CA, US
Founded
2007
Overview
M & A
Compare
Fundraising
Employees
News
Website

Credit Karma is a personal finance company founded in 2007 that provides free credit scores, credit reports, and credit monitoring to over 120 million members. The platform generates personalized recommendations for credit cards, loans, insurance, and savings products based on each user's credit profile, showing Approval Odds without impacting credit scores.

The company operates a freemium, two-sided marketplace model, earning revenue primarily through affiliate commissions from partner financial institutions. In December 2020, Credit Karma was acquired by Intuit for approximately $7.1 billion and continues to operate as an active subsidiary brand. The company is headquartered in Oakland, California, and reported $2.3 billion in revenue for Intuit fiscal year 2025, up 32% year-over-year.

Credit Karma - M & A Snapshot

Open M & A
  • Intuit

    Acquired Credit Karma • Undisclosed • Dec 3, 2020

  • Penny

    Acquired by Credit Karma • Undisclosed • Mar 15, 2018

Credit Karma - Products & Services

  • Free Credit Karma Tax logo

    Free Credit Karma Tax

    Free federal tax filing for all IRS forms with accuracy guarantee; state filing available, powered by TurboTax technology.

    Competing Products

    FreeTaxUSA Company logo
    H&R Block Company logo
  • KarmaDrive logo

    KarmaDrive

    Usage-based auto insurance program that monitors driving behavior via the Credit Karma app to reward safe driving with lower rates.

Credit Karma - Similar Companies

Credit Genie logo

Credit Genie

creditgenie.com

Credit-Aid logo

Credit-Aid

credit-aid.com

Credit Key logo

Credit Key

creditkey.com

Credit Karma - Quick Facts

Who are Credit Karma's competitors?

Companies similar to Credit Karma include Credit Genie, Credit-Aid and Credit Key.

When was Credit Karma founded?

Credit Karma was founded in 2007.

Where is Credit Karma's headquarters located?

Credit Karma's headquarters is located in Oakland, CA, US.

How much has Credit Karma raised to-date?

As of Feb 24, 2020, Credit Karma has raised a total of $868M (USD).

Credit Karma - Classification

Industry
  • Personal Finance
Revenue
  • Affiliate
Customer
  • B2C
NAICS
  • 520000Finance and Insurance
SIC
  • 6000Depository Institutions
Show 9 more industry codes
NAICS
  • 540000Professional, Scientific, and Technical Services
  • 541200Accounting, Tax Preparation, Bookkeeping, and Payroll Services
  • 541000Professional, Scientific, and Technical Services
SIC
  • 8720Accounting, Auditing, And Bookkeeping Services
  • 6200Security And Commodity Brokers, Dealers, Exchanges, And Services
  • 7300Business Services
  • 8700Engineering, Accounting, Research, Management, And Related Services
  • 6280Services Allied With The Exchange Of Securities Or Commodities
  • 6282Investment Advice