How Eric Wei & Will Kim raised a $26 million Series A for Karat

Asking VCs for Money

On today’s episode of Asking VCs for Money, I talked to Eric Wei and Will Kim, cofounders of Karat. They raised an $26m Series A - combining equity and debt - led by Union Square Ventures. Eric and Will share how their company evolved to become "the new black card for creators", tell the story of how a few informal meetings quickly became a fundraising round, and delve into their process for honing their pitches.

Aaron Harris runs Magid & Company, working with founders to scale their startups and navigate fundraising.