Overview of Transaction

• On March 12, 2014, Credit Karma announced it closed an $85 mm equity round led by new investor Google Capital
• David Lawee, Partner at Google Capital, will join Credit Karma's Board
• Credit Karma's existing investors, Ribbit Capital and Susquehanna Growth Equity, also participated in the round, as well as new investor, Tiger Global Management
• The investment follows a year of exponential growth for Credit Karma, including triple-digit percentage growth in site membership, revenue and headcount
• Credit Karma is a consumer finance and technology company that provides more than 20 million consumers with free access to their credit scores and free monitoring of their credit and financial accounts
• Google Capital is a growth equity fund backed by Google that invests in companies that use technology to change the way people experience the world

Significance of Transaction

• Credit Karma will use the new capital to invest heavily in new, free services to help consumers understand and manage their finances
• Additional capital also supports continued efforts to make finding and applying for new financial services products intelligent and seamless
• Credit Karma also plans on accelerating employee hiring in order to meet these goals

FT Partners' Role

• FT Partners served as the advisor to Google Capital on its lead role in the investment
• Highlights FT Partners' continued success in advising a broad range of top-tier financial investors