Carta | News, Hiring, Layoffs, Competitors, CEO, Fundraising Insights
Carta is an ownership and equity management platform trusted by thousands of founders, investors, and employees. They provide solutions...
Carta is an ownership and equity management platform trusted by thousands of founders, investors, and employees. They provide solutions for cap table management, equity management, valuations, and equity plans. Trusted by over 40,000 companies and 2 million users globally, Carta aims to unlock the power of equity ownership for more people.
Website
Headquarters
San Francisco, California
Size
1001-5000 employees
Industry
Software Development
Specialities
Cap Table Management, Equity Management, 409A Valuations, FAS123R/ASC 718 Reports, Private Markets, Public Markets, Founders, Compensation, Stock Option Exercising, Tender offers
🛍️ Carta Product and Pricing News →
👔 Carta CEO, Management and Leadership Team →
⚔️ Carta Alternatives and Competitors →
💼 Carta Hiring and Layoffs →
🤖 Carta Developer, Integration and Automation News →
📈 Carta Financials, Fundraising and Valuation News →
🛍️ Carta Product and Pricing News
- Carta has introduced a Draft Option API to streamline equity issuance by allowing shared customers to draft option grants and generate legal documents directly from the Carta dashboard.
- Carta expands to Australia to support the local startup and private market ecosystem, led by Managing Director Bhavik Vashi.
- Carta launched the Draft Option API to streamline global equity issuance, now available for Remote customers and expanding to Deel and Slice in 2025.
- Carta has updated its pricing plans by removing share plan management from the Build plan, 50+ HR integrations from the Grow plan, and expense reporting from the Scale plan.
- Tatjana de Kerros-Budkov noted that Carta's fees are now averaging 1.9%, aligning with fund averages, and GP commitments are below fund averages, impacting follow-on investments.
- Carta has launched a new Partners Dashboard for Fund Administration customers, providing firm-level visibility into LP relationships with features like LP grouping, custom tagging, and consolidated performance metrics.
- Carta's Fund Admin clients can now integrate their Ramp accounts directly into Carta's General Ledger for real-time tracking of expenses and reimbursements.
- Carta is expanding into Luxembourg to support founders and investment managers with software and expertise, as announced by Edwin Chan, Regional Head, Europe & UK.
👔 Carta CEO, Management and Leadership Team
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Chief Technology Officer
[email protected] -
Chief Strategy Officer[email protected]
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Chief of Staff, Carta[email protected]
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Chief People Officer[email protected]
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CEO[email protected]
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CEO[email protected]
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CFO[email protected]
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Deputy [to the] CTO[email protected]
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COO[email protected]
⚔️ Carta Alternatives and Competitors
- Astrella |
- Qapita |
- Pulley |
- Certent Equity Management |
- Ledgy |
- Vestd |
- J.P.Morgan Workplace Solutions |
- Shareworks by Morgan Stanley |
- Aption |
- Nasdaq Private Market |
- Accounting Seed |
- Workday Financial Management |
- NetSuite |
- QuickBooks Online |
- MYOB Business |
- Gust |
- SeedLegals |
- CompUp |
- Allvue |
- Kore |
- Quoroom |
- Cake Equity |
- WealthBlock |
- BaseTemplates |
- Funden™ Assisted Fundraising |
- Startup Fundraising Calculator |
- Diligent Equity |
- WOWS Cap Table |
- EquityList |
- Capboard
💼 Carta Hiring and Layoffs
- Carta is currently seeking a Director of Product Strategy in Andorra.
- Kristi Nyamathi has left Carta as Director to join Juniper Square as Principal Customer Success Management, Enterprise in the United States.
- Saad Shahzad has left Carta as Director Pricing Strategy in the United States to join ServiceTitan as Senior Director Pricing Strategy.
- Ashley (Howard) Neville has joined Carta as Insights Director in the United States, previously serving as Sr Brand Strategist for Executive, ITDM, & Data Leader Audiences at Salesforce.
- Dan Rosenberg has left Carta, where he was an Investor in London, to join Nordic Capital as an Investment Director.
- Deirdre Ennis joined Carta as an Account Director in the United States, previously working as an Account Director in New York.
- Michael Karges joined Carta as Account Director, Venture Capital in the United States after leaving PitchBook Data where he served as Account Manager, SMB.
- Thomas Schmorleiz returned to Carta as Director of Engineering, focusing on the fund admin business.
🤖 Carta Developer, Integration and Automation News
- Carta partnered with Hanson Bridgett LLP to help businesses restructure from LLC to C-corp for Qualified Small Business Stock benefits, emphasizing the importance of careful planning to avoid disqualification as seen in the Leto v. United States case.
- Carta announced a collaboration with Morgan Stanley at Work to support founders transitioning from private to public companies.
- On November 12, 2024, Carta announced a partnership with Morgan Stanley at Work to offer a streamlined solution for private companies transitioning to IPO, making Morgan Stanley at Work their preferred U.S. public equity management platform.
- On October 28, 2024, Carta partnered with Remote to launch Remote Equity, integrating Carta's API to simplify global equity compensation management.
- Carta is partnering with Antler and Elevandi for Investor Hours at the Singapore FinTech Festival from November 6-8.
- Carta collaborated with Ramp to feature in Times Square, promoting the future of private markets.
- Carta launched an ESOP Playbook in partnership with AC Ventures to help APAC startups with equity and compensation strategies.
- Market Square Ventures uses Carta for venture-administration support and attorney referrals.
📈 Carta Financials, Fundraising and Valuation News
- Carta's Q3 2024 report indicates a new normal in the venture market with upward trends in later-stage deal activity and M&As following the pandemic bull run.
- Carta acquired Tactyc, a platform for portfolio modeling, management, and reporting, for an undisclosed amount.
- Carta released its Q3 report with insights on equity distribution among founders.
- Carta's latest report, 'First Cut—State of Private Markets: Q3 2024,' reveals that median pre-money valuations and cash raised remained steady across the U.S. venture ecosystem.
- Stock-trading startup Public has acquired the brokerage accounts of Carta’s secondaries business.
- Carta reports a 31% increase in SPV formations over the past three years and 116% compared to five years ago, based on data from over 2,400 SPVs since 2016.
- As of Q2 2024, over 382,000 stakeholders across Carta’s 2,700-plus PE-backed businesses had received ownership interests, effectively doubling since Q2 2020.
- In Q2 2024, 88% of all pre-seed deals on Carta were SAFEs, marking the largest quarterly split to date.
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