Carta

FinTech

Founded: 2012

Last Round Valuation: $7.88B

The company specializes in developing software for managing valuation and capitalization tables with the mission of fostering a greater sense of ownership. Their platform offers a comprehensive range of features, including portfolio insights, dashboards, scenario modeling, board management, fund administration, LP management, and more. Through their software, users gain the ability to effectively manage cap tables, valuations, portfolio investments, and equity plans, empowering them to make informed decisions and optimize their ownership management processes.

Carta Overview:

The company is a software developer that focuses on creating valuation and capitalization table management software. Their primary objective is to promote a sense of ownership among stakeholders.

The company's platform provides a wide array of tools and features designed to facilitate effective management of valuation and capitalization tables. These tools include portfolio insights and dashboards, scenario modeling capabilities, board management functionalities, fund administration tools, and LP (Limited Partner) management services.

Through their software, users gain the ability to efficiently handle various aspects of ownership management. They can manage their cap tables, which provide a comprehensive view of the ownership structure and equity distribution within a company. The platform enables users to track changes in ownership, issue new shares, manage stock options, and accurately calculate equity dilution.

Additionally, the software offers valuation management capabilities, allowing users to track and assess the value of their assets and portfolios over time. Users can perform scenario modeling to evaluate the potential impact of different scenarios on the company's valuation, aiding in strategic decision-making.

The platform also provides board management tools that streamline communication and collaboration among board members. It facilitates the sharing of important documents, scheduling of meetings, and tracking of board resolutions and actions.

For fund administrators, the software offers dedicated functionalities to simplify the management of funds and investment portfolios. This includes tracking capital commitments, fund performance analysis, and reporting.

Furthermore, the platform includes LP management services, allowing users to efficiently manage relationships with limited partners, track investments, and provide necessary reporting and transparency.

Overall, the company's software aims to empower users to manage their valuation and capitalization tables, make informed decisions regarding ownership, track portfolio investments, and streamline equity plans. By offering a comprehensive set of tools and services, the platform enhances transparency, efficiency, and accuracy in ownership management processes.

Founders:

  • Henry Ward

  • Manu Kumar

Top Investors:

  • Silver Lake Partners

  • Finsight Ventures

  • Lightspeed Venture Partners

  • Morgan Brook Capital

  • Andreessen Horowitz

  • Menlo Ventures

  • Meritech Capital Partners

  • Tribe Capital

  • Union Square Ventures

  • Sinai Ventures

  • University Growth Fund

  • Social Capital

  • Oakhouse Partners

  • Spark Capital

  • Haystack Partners

  • Draper Associates

  • Subtraction Capital

  • K9 Ventures

  • Draper Fisher Jurvetson Management

  • Expansion Venture Capital

Funding History:


Date Share Type Amount Raised Raised to Date Issue Price Post Money Valuation Key Investors
Aug 2021 Series G $300MM $965.41MM $40.30 $7.88B Silver Lake Partners
Aug 2021 Series G-1 $225.11MM $890.52MM $40.30 $7.88B Silver Lake Partners
Jun 2020 Series F $214.11MM $665.41MM $18.21 $3.11B Finsight Ventures, Lightspeed Venture Partners, Morgan Brook Capital
May 2019 Series E $317.5MM $451.3MM $10.70 $1.8B Andreessen Horowitz, Menlo Ventures, Meritech Capital Partners
Dec 2018 Series D $74.81MM $133.8MM $6.37 $832.87MM Meritech Capital Partners, Tribe Capital, Union Square Ventures
Mar 2018 Series C-2 $11.97MM $58.99MM $3.57 $404MM Sinai Ventures, University Growth Fund
Oct 2017 Series C $25.59MM $47.02MM $2.96 $320MM Menlo Ventures, Social Capital, Oakhouse Partners
Jul 2015 Series B $12.92MM $21.43MM $0.89 $76.79MM Spark Capital, Haystack Partners, Draper Associates
Nov 2014 Series A $6.93MM $8.5MM $0.42 $24MM Union Square Ventures, Spark Capital, Subtraction Capital
Aug 2013 Series Seed $1.37MM $1.57MM $0.18 $6.06MM K9 Ventures, Draper Fisher Jurvetson Management, Expansion Venture Capital
Jul 2012 Series AA $200K $200K $0.02 $400K K9 Ventures

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