Credit Karma, a consumer finance and technology company that offers US consumers a free credit rating service, has closed a $85m series C round of funding led by Google Capital, the corporate venturing unit of internet company Google.
US-based online credit and financial management service Credit Karma has raised an $85m series C round of funding led by corporate venturing unit Google Capital, and featuring existing private equity investors Ribbit Capital and Susquehanna Growth Equity, and new investor Tiger Global, an investment firm that invests in private equity funds and partnerships. Following the latest investment, Credit Karma, has raised $118.5m in total.
Credit Karma intends to use the new capital to invest heavily in new, free services to…
