Carta, a company that provides software to help startups manage their equity, has raised $8 million in Series A funding, led by Fuel Capital.
This is a big win for Carta, which has been working hard to grow its business. The new funding will help Carta expand its team and continue to build out its product.
Fuel Capital is a great fit for Carta, as it is a firm that specializes in investing in early-stage companies. With this new round of funding, Carta is well-positioned to continue its momentum and build a valuable business.
Since it's launch in 2012, San Francisco-based startup Carta has raised a total of $10.5 million in funding from a variety of sources. This includes a $7.5 million Series A round led by Formation 8, with participation from angel investors such as Joe Lonsdale, Brian Singerman, and Gil Penchina.
This brings Carta's total funding to date to $10.5 million, which will be used to continue building out the company's equity management platform. This platform is used by startups and venture capitalists to manage their equity portfolios and track the value of their investments.
Carta's platform is particularly valuable for startups because it allows them to see how their equity dilutes over time as they raise additional rounds of funding. This information can help them make better decisions about when to raise money and how much equity to give up in each round.
So far, Carta has been very successful in helping startups manage their equity. In fact, since 2012, the company has helped manage over $1 billion in equity for its clients. This success is likely to continue as Carta continues to raise additional funding and build out its platform.
Carta is a venture-backed startup that provides a platform for private companies to manage equity and cap table data. Carta has raised $155 million from investors such as Andreessen Horowitz, NEA, and Social Capital.
Carta's platform allows companies to keep track of employee equity, vesting schedules, and dilution. Carta also provide analytics on the data so that companies can make informed decisions about their equity.
The company was founded in 2012 by Manish Dalal and Andrew Wakefield. Dalal is a former engineer at Palantir and Wakefield is a former investment banker.
Carta is headquartered in Redwood City, California.
Dear friends of Carta,
We are excited to announce that Carta was founded in 2012 and launched its platform in 2013. Carta is a cloud-based platform that enables companies and investors to manage their equity and ownership data. We are proud to have helped over 1,000 companies and 10,000 investors manage their data more efficiently and effectively.
Carta has been latest in a series of companies to emerge from the collaborative and creative environment of Y Combinator. Our team is composed of entrepreneurs, engineers, and designers who are passionate about making it easier for companies and investors to work together.
We are grateful to our early adopters, who have provided valuable feedback that has helped us improve the product. We are also excited to announce that Carta is now available to all companies and investors.
If you have any questions or feedback, please don't hesitate to reach out to us at [email protected].
The Carta Team
Carta, a valuation and equity management platform, has raised $13 million in Series A funding. The round was led by Social Capital, with participation from Formation 8 and Sequoia Capital.
This funding will be used to expand the Carta team and platform. Carta is already used by over 8,000 companies to manage over $100 billion in equity.
Carta's mission is to create more founders and help companies grow. With this funding, they will be able to help even more companies reach their potential.
Sequoia Capital is one of the world's leading venture capital firms. They have invested in some of the most successful companies, including Google, Apple, and Yahoo.
Social Capital is a venture capital firm that focuses on investments in social media, enterprise software, and consumer internet companies.
Formation 8 is a venture capital firm that invests in technology companies. They have invested in companies such as Oculus VR, Zenefits, and Affirm.