Karat

Principal Product Manager (AI Products) (United States)

United States

Karat Logo
$200,000 – $300,000Compensation
Senior (5 to 8 years)Experience Level
InternshipJob Type
UnknownVisa
Software, Artificial IntelligenceIndustries

Requirements

Candidates should possess 8+ years of product management experience, with a preference for experience in both B2B and B2C offerings, and ideally, prior experience as a software developer. They should demonstrate a strong understanding of the technical assessment market and the evolving landscape of AI advancements in software development.

Responsibilities

As a Principal Product Manager for AI Products, the individual will define the roadmap for the AI product suite, evaluate AI's potential to enhance candidate evaluation, collaborate with engineering and design teams to develop new innovative interview products, prioritize features based on customer needs, analyze assessment data to improve accuracy, design experiments to evaluate different approaches, monitor performance metrics, partner with Go-to-Market teams on expansion strategies, and ensure smooth operations for existing customers while evaluating AI susceptibility of current offerings and implementing appropriate safeguards.

Skills

Product Management
AI
Software Development
B2B
B2C
Customer Needs Analysis
Data Analysis
Experiment Design
Performance Metrics
Go-to-Market

Karat

Financial services for social media influencers

About Karat

Karat provides financial services specifically designed for social media influencers and content creators. The company offers customized credit cards that take into account the unique financial situations of influencers, who often have significant income from sponsorships and brand partnerships but may not have traditional credit histories. By using social media metrics like follower count and engagement rates to evaluate creditworthiness, Karat enables influencers to access credit products that meet their needs. Unlike traditional banks, which may overlook this niche market, Karat focuses on providing tailored financial solutions that offer liquidity and flexibility. The goal of Karat is to empower influencers to manage their finances effectively and support their business growth.

Key Metrics

San Francisco, CaliforniaHeadquarters
2014Year Founded
$54.2MTotal Funding
DEBTCompany Stage
Fintech, Financial ServicesIndustries
11-50Employees

Benefits

Generous time off
Drive impact
401k matching
Health + wellness
Flexible work environment

Risks

Increased competition from fintech startups could erode Karat's market share.
Regulatory scrutiny on non-traditional credit assessments may impact Karat's operations.
Volatility in social media algorithms can affect influencers' income stability and creditworthiness.

Differentiation

Karat offers credit solutions based on social media metrics, not traditional credit scores.
The company provides tailored financial services for influencers, a niche yet growing market.
Karat's co-founders have experience from Instagram and Goldman Sachs, enhancing industry insights.

Upsides

Karat raised $70M in 2023, indicating strong investor confidence and growth potential.
Partnerships with Visa enhance Karat's credibility and expand its financial product offerings.
The rise of micro-influencers expands Karat's potential customer base significantly.

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