Credit Karma, a site that looks to help consumers understand, track, and improve their credit scores, has raised a $2.5 million Series A funding round led by QED Investors, with participation from SV Angel, Aydin Senku, and Founders Fund, via FF Angel.
Credit Karma is a site that features free credit checks, educational guides, and tools for analyzing your credit score’s current status (presented as a ‘report card’) and for optimizing your credit over time (you can check in on your score on a daily basis if you want to). The are also reviews of various credit cards, as well as sponsored offers based on your current credit rating.
Credt Karma says that its services are all free, and that the company makes money by selling advertising.
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