# Waterfall Modeling

## Waterfalls tailored to any agreement

Get advanced waterfalls that are easy to run—and just as easy to verify—in seconds, not hours.

## Waterfall modeling without the headaches

- **Run complex models**  
  Use a bespoke engine, tailored to your operating agreement.

- **Reduce manual updates**  
  Streamline workflows with unified cap tables, waterfalls, and distributions.

- **Audit every calculation**  
  Access the formulas behind any model to easily verify every number.

## See modeling in action

Discover how to run any waterfall, from simple to complex, in a few clicks.

## Your waterfall starts with your cap table—bring your fund under one platform.

## Customized. Automated. Done.

Effortlessly create audit-ready models to save you (and your LPs) time.

### Model any operating agreement

Transform your distribution rules into a custom-coded modeling engine with the flexibility to use any rule set tailored to your PortCos and allocation methods.

### Pull data with minimal effort

Maintain strong LP relationships and show employees the true value of their equity by easily generating exportable summaries—no complex math or manual entry required.

### Optimize your valuations

Reduce operational burden by simplifying and automating quarterly reporting with a direct Excel add-in that integrates your waterfall with any external valuation model.

## FAQs

You have questions, we have resources and answers.

### Does Carta offer support for Private Equity firms?

### What is waterfall modeling used for?

### How does implementation work?

### Can I verify if the waterfall model is set up correctly?

### Do I need to be on Carta to run waterfall models?

## Waterfalls that fit your fund’s flow

Get advanced waterfalls that are easy to run—and just as easy to verify—in seconds, not hours.