Carta Release Notes - Product Updates
7 years ago5/29/2019
Reverse cancellation and repurchases
Company administrators are now able to reverse cancellations on every security type as well as reverse repurchases!
To reverse a cancellation, go to the security ledger and select the row action for a cancelled security:
In the modal, select a reason for reversal and confirm the information. If there was a certificate resulting from a partial repurchase, that certificate will be deleted. Only unaccepted certificates can be deleted. If a resulting certificate is accepted, please reach out to Carta support.
Once reversed, the original security will show as outstanding in the ledger and a note will be added to the security under the “Documents and notes” section. No notifications are sent out when reversing cancellations or repurchases.
Note: This feature does not include reversing transfers, exercises or conversions at this time.
Justin Lo
7 years ago5/24/2019
Option vesting schedule in Portfolio Holdings
The team is happy to announce our newest iteration on the private company portfolio experience.
As an employee with options, you can now see all the relevant grant information up front under Overview. To the right, we’ve introduced a schedule charting your vesting progress from beginning to end.
More tweaks were made to the option grant ledger to ensure we’re fully explaining the information presented to you.
Interested in understanding more about your options? See our Equity 101.
Gwynne Burgess
7 years ago5/21/2019
Improved Portfolio Screen and Badging
We’re excited to announce updates to how we present your equity information.
Now, when you visit a company screen, you’ll see a summary of all your equities, grouped by type. In addition, if you have option grants, you’ll see an overview to help you understand key information, including how many options you can exercise and the next vesting date.
Additionally, we’ve also added improved badging to make it easier to understand the vesting and exercise status for each of your grants.
Don’t have the app yet? Get it now!
Alex Legault
7 years ago5/17/2019
We have updated the modify workflow to better notify users about repricings in Carta.
If a user modifies the exercise price on an option grant, they will see a banner in the review screen to ensure they are inputting the new exercise price correctly.
Mara Pritchard
7 years ago5/15/2019
Early Exercising ISO/NSO Grants
I’m happy to announce we now allow private company users to easily early exercise their grants that are impacted by the $100K Rule. Going forward, those participants can exercise electronically on Carta through ACH.
What’s changed?
Now, users can select ‘Exercise’ on their outstanding ISO/NSO split grants in the Holdings page.
Once in the flow, they can see their early exericable pool and select portions of available ISO and NSO options. Signing and exercising is all online.
After the transaction is complete, participants can see those shares reflected in their portfolio, separated by ISO and NSO.
Have questions, concerns? Feel free to reach out to support@carta.com
Mara Pritchard
7 years ago5/13/2019
Improved permissions for Law Firms
Historically, permission sets on law firms and companies have not been the same, which has caused confusion around what users can do.
Going forward, permissions for law firms will be the same as for companies. The new permissions are defined below:
Law firm permissions will migrate as follows:
- No access --> No company access
- View --> Company Viewer
- Edit --> Legal admin
- There will be a new permission called “Company editor” that has no equivalent from the old law firm permission sets
We recommend law firm administrators review the changes and verify that law firm users have the appropriate permissions. You can update permissions for law firm users in two places:
Set default permissions for a user on the law firm People page. This is also where you can set a “law firm administrator”, which will allow them to manage users within the law firm:
Set company-specific permissions on the law firm Companies page:
Still have questions? Learn more about permissions and roles on Carta >
Connor Bathen
7 years ago5/13/2019
ASC820 valuations for Firms without cap table access
Are you getting ready to do your fund’s quarterly or annual ASC820 valuations? Want to get started on that valuation but your portfolio company hasn’t granted you cap table access? Not a problem, we’ve made this step easier!
You can now create an ASC820 valuation for a portfolio company that has not granted you cap table access just yet. To do this, navigate to the portfolio company, click on the valuations page, and select the Create valuation button.
You will then be prompted to create a pro-forma cap table for the portfolio company.
Once done, you will be able to create a valuation using that pro-forma cap table.
For more information regarding pro-forma cap tables and the ASC820 valuation tool, reach out to investorservices@carta.com.
Div Shivesh
7 years ago5/9/2019
We are retiring our ancient “Your session has expired” dialog in favor of a more modern approach, similar to other financial platforms.
Customers will now be taken to the login screen once their session becomes inactive for too long. Logging back in will take customers to the same page they were previously at.
For design feedback, reach out to design@carta.com.
Gilmar Lira
7 years ago5/8/2019
We’re listened to your feedback and added the ability to share and export documents for later viewing or printing. You can access these capabilities on any document viewing screen, by tapping the share button at the top right.
Don’t have the app yet? Get it now!
Alex Chen
7 years ago5/6/2019
Updates to self-onboarding flow for new companies on Carta
If you’re a company founder and self-onboarding on Carta for the first time, we’ve made some improvements in the workflow that allow you to add custom information for your stakeholders’ holdings.
You can create custom vesting schedules and legends by visiting the new Templates page. It’s important that you set these up in advance so you can select them from a dropdown later.
Note: Any legend or vesting schedule that you create during this step can be revisited or edited after your company is live on Carta by visiting Securities --> Templates.
Select the newly created vesting schedule and legend when filling in details for individual certificates. In addition, you can include acceleration terms i.e. Single Trigger.
We’re hoping these improvements will allow for greater flexibility and accuracy as you onboard on Carta. Please send product feedback or questions to angela.jo@carta.com.
Connor Bathen
7 years ago4/30/2019
Improvements to Blackout Period management
Following the release of the new blackout feature, we’ve made further iterations to remove friction and empower company admins. Issuers can now do the following:
- Delete an active blackout
- Edit end date of an active blackout
- Create a blackout “as-of-now”
You can delete a pending or active blackout by selecting it from the drop down
If details change and the end date needs to be updated, you can do so
If necessary, admins can create blackouts as of right now
Furthermore, if changing an existing blackout will impact trades, admins will be notified
Connor Bathen
7 years ago4/22/2019
Board Resolution Approval on iOS
We’ve released a new feature today, which allows board members to approve resolutions right from the iOS app.
You’ll be able to see the full resolution documents, the board members who are able to approve the resolution, as well as approval status and progress.
We’ve also included updates to improve your app experience including:
- A native password reset flow
- Automatically filling in your email address during the registration process
Don’t have the app yet? Get it now!
Alex Chen
7 years ago4/15/2019
Pro-forma cap table updates for investment firms
Waiting for your portfolio company to grant you access to their cap table on Carta? Want to get started with managing your investments now? If so, we’ve got a solution for you!
You can now create a pro-forma cap table for portfolio companies before they grant you cap table access. The pro-forma cap table will only appear on the investment firm’s view and will not be shown to your portfolio company.
To create a pro-forma cap table on a portfolio company that has yet to grant you cap table access, navigate to that portfolio company and find the Capitalization page.
Create a name for your pro-forma cap table. Inserting the date of creation or the date the cap table was last updated may be beneficial in keeping track of your pro-forma cap tables.
The last step is to fill out the cap table builder as you normally would. It should be noted that since the portfolio company has not yet granted cap table access, the pro-forma cap table builder will not contain any data until you have created the first pro-forma.
Div Shivesh
7 years ago4/15/2019
Carta Investor Updates allows you to send communications from the Carta platform to investors, employees, and other stakeholders on the cap-table easily through the Carta platform. We give you the tools you compose a mixed media update and attach all relevant files. Our financials templates are great for companies who are looking for guidance on what is important to investors. Recipients of the update will receive a notification and they will be able to access the update from their Carta portfolio. Companies sending update can also keep track who has viewed updates.
Investor Updates is now available to companies in the Growth and Enterprise plans. You can access more help content for this feature here.
Connor Bathen
7 years ago4/12/2019
Modify security details using row action dropdown
Users with “Legal administrator” permissions now have another way to modify securities!
On any security ledger, select the “V” on the right side and click modify.
Legal administrators can also modify multiple securities at once by selecting the checkboxes for the securities on the left side and selecting the “Actions” button in the top left corner. Select “Modify” from the dropdown.
Learn more about modifying securities on Carta >
Connor Bathen
7 years ago4/11/2019
Acceptance Flow - Email Screen
We have introduced a new page for users accepting a security via email. You can now check if you have an account before acceptance. We’ve further improved this process and enabled users to accept a new security with an existing Carta account.
How? You will be prompted after clicking through on the email invite.
If the email exists, you can login and accept your new security in your Tasks.
If you’re a new user, you can register and accept the security in Carta.
We hope this simplifies the acceptance flow for both new and returning users. For questions or concerns, please reach out to support@carta.com
Maxwell Estes
7 years ago4/1/2019
Waterfall modeling - Acceleration
This past weekend we released an improvement to our waterfall modeling feature, allowing investors and companies to toggle between standard and accelerated vesting. By selecting accelerate vesting, the model will assume all equity awards will be fully vested as of the selected exit date.
Please send questions or feedback to support@carta.com.
Jordan Agnew
7 years ago3/18/2019
ASC820 valuations when an exit event is near
Fund administrators that use Carta’s ASC820 valuation tool can now use a time to exit in the valuation of less than 1 year when a predicted exit event is near.
Time to exit is used as an input in calculating the discount for lack of marketability which is often used when the valuation is derived from publicly traded market comparables.
We hope this makes it easier for you value even more of your portfolio companies. For any feedback, questions, or comments, please reach out to investorservices@carta.com.
Mara Pritchard
7 years ago3/17/2019
Organize your Schedule of Investments with tags!
We recently shipped a new feature for fund administration customers to help organize your schedule of investments. You can filter by your customized tags, and generate exports based on the filter parameters.
Learn more about tagging your investments on Carta.
We hope this feature helps you manage your funds during the busy reporting season. We’d love to hear your feedback, so don’t hesitate to reach out at investorservices@carta.com with any questions or comments.
Jordan Agnew
7 years ago3/11/2019
We released a new flow for terminating stakeholders.
We’ve heard your feedback about the terminations workflow and have made some changes to improve it. These changes will address the following:
- Highlight the impact the termination has on the stakeholder, company and cap table.
- Show all notifications that will be sent to terminated stakeholders.
- Catch incorrect data as soon as it is entered.
Before
Step 1
Step 2
Step 3
After
Step 1: Termination details
Step 2: Notifications
Step 3: Confirm dates
Step 4: Review termination
Learn more about the new terminations flow >
Connor Bathen
7 years ago3/5/2019
Design improvements for verifying a bank account
We’ve listened to user feedback and worked with our support team to identify a number of design improvements to our bank account verification flow. The goal of these changes is to replace confusion with clarity, and deliver an improved user experience.
Add payment method
We’ve made it easier for users to find the action for adding a bank account.
Before
After
Verify account
Once test deposits have been received (usually after 2-3 business days), we’ve made it easier to find the “Verify account” action.
Before
After
Verify deposits received
Users have been confused about how deposits should be entered. We have clarified the language of our “Verify bank account” modal to make the expected inputs clearer.
Before
After
Ry Sullivan
7 years ago2/28/2019
Terminations Update Is Coming!
Next week we will be releasing a new flow for terminating stakeholders.
We’ve heard your feedback about the terminations workflow and have made some changes to improve it. These changes will address the following:
Before
Step 1
Step 2
Step 3
After
Step 1: Termination details
Step 2: Notifications
Step 3: Confirm dates
Step 4: Review termination
Learn more about the new terminations flow >
Connor Bathen
7 years ago2/28/2019
Updated equity plan amendment flow
Based on client feedback, we’ve updated the process to amend equity plans on Carta.
The design changes make the flow clearer and should help prevent erroneous amendments from being entered on Carta as well as update the copy to be more educational.
Before
Step 1
Step 2
After
Step 1
Step 2
To learn more about how to enter an amendment for an equity plan, visit
Connor Bathen
7 years ago2/26/2019
Autogenerated W8 forms for international users
Tax season is almost upon us!
Due to demand and in the spirit of improving core features, we’ve introduced functionality which automatically generates and e-signs your W8BEN form in 3 simple steps.
Enter in your personal information as usual, make sure your Country of Citizenship and Residence is not the United States.
We’ve built the ability for users to input their tax treaty data if applicable.
Review your information, check on the terms, and sign! Easy.
Additionally, if you need to download your completed form, you can do so via the link on the profile page. Questions? Concerns? Feel free to reach out to support@carta.com
Connor Bathen
7 years ago2/20/2019
Over the next couple days, we’ll be rolling out a new update to the iOS app.
We heard your feedback from the App Store and have rebuilt our app to improve:
- Stability and reliability
- Sign in and registration
- Navigation (check out the new home screen!)
- Equity education
You’ll be able to find our new app on the iOS App Store. As always, we welcome your feedback to feedback-mobile@carta.com.
Alex Legault
7 years ago2/15/2019
We now ask for a photo that you can take with your smartphone in just a few seconds. The new process is following best practices in security and makes the process for 2FA reset much faster and safer for our users.
Mara Pritchard
7 years ago2/11/2019
We improved the process of setting up the password when account is being created. Carta now instantly shows how strong is the password and gives recommendations on how to improve it.
These improvements should keep your data safer and experience to be a bit more friendly.
Connor Bathen
7 years ago2/11/2019
Scenario modeling for investors and companies
Now with Scenario Modeling, investors and companies can model exits and future rounds on Carta. This suite of features will be available for Portfolio Insights or ASC 820 customers and for companies on our Growth or Enterprise plans. Speak to your account manager about gaining access to the new tools.
You can read more about scenario modeling on our blog.
Jordan Agnew
7 years ago2/6/2019
Carta no longer supports Internet Explorer 11. We are committed to deliver a great user experience, and we support all modern browsers.
Customers who try to access Carta through Internet Explorer will now be prompted to download Microsoft Edge, Google Chrome, and Mozilla Firefox.
Gilmar Lira
7 years ago2/6/2019
Updates to Investor Security Acceptance Workflow
We’ve updated the investor security acceptance workflow to prevent duplicate portfolios from being created.
When a new security is issued, and the designated user at the fund accepts that security, we will attempt to match the portfolio the security is issued to, to portfolios that are already exist in Carta. If a match is found, the user proceeds through the existing acceptance flow. If no match is found, there are three possible scenarios:
1. Contact issuer
For situations where there might be a misspelling or missing information from a fund name, we provide the acceptor with a form to contact the issuer to request any needed changes.
2. Create a new stand alone portfolio
For brand new portfolios, we provide the acceptor the ability to create that new portfolio with the acceptance workflow.
3. Create portfolio under an existing firm
In instances of a new portfolio within an existing firm, we provide the acceptor the ability to create that new portfolio within the acceptance workflow.
We are excited to continue our progress on our product for investor customers! Please send any feedback or questions to investorservices@carta.com
Mara Pritchard
7 years ago2/5/2019
New for fund admin customers: View Investment details
Now fund administration customers are able to view valuable details about their holdings and returns at the portfolio company level. The new Investment details tab pulls in data across all your funds to show you Gross IRR, Gross Return multiple, Cost and other key metrics.
The Gross IRR table shows you all the transactions for the investment that roll into the IRR calculation.
We are excited to continue our progress on our product for fund administration customers! Please send any feedback or questions to investorservices@carta.com.
Jordan Agnew
7 years ago2/4/2019
New Certificate Transfer Workflow
We have updated the workflow for transferring certificates to make the process clearer. You will also be able link certificates that have already been issued on Carta.
The major problems we want to fix:
- Simplify data entry.
- Clarify what happens after the transfer is processed in Carta.
- Add functionality to connect certificates that are already issued on Carta.
- Reduce duplicate stakeholders from being created.
There are three types of transfers that can be entered on Carta. For each transfer, the stakeholders must already exist in Carta.
1. Full transfer
Transfer the full amount of certificate to one or multiple stakeholders. The original certificate will be marked as transferred, and new certificates will be issued.
2. Partial transfer
Transfer a portion of a certificate to one or multiple stakeholders. The original certificate will be marked as transferred, and the balance of the untransferred shares will be reissued to the original stakeholder as a new certificate.
Learn more about Full and Partial transfers>
3. Correct details for a past transfer
This type of transfer can only be used for linking certificates that are already cancelled with outstanding certificates. You are able to correct certificates that were part of a historical transfer, that is not currently reflected on Carta. Link the original certificate and the certificate(s) resulting from the transfer. No new certificates will be issued.
Learn more about correcting past transfers >
Overview of steps
1.Enter transfer information:
2.Fill in details:
3.Confirm transfer:
Mara Pritchard
7 years ago1/31/2019
Updates to Security Acceptance Emails
We’re releasing an update to our security acceptance emails for common shares/units, preferred shares/units, and warrants.
The new email includes a link that takes existing users to a login screen and new users to our signup flow.
We’ve included clearer step-by-step instructions for accepting securities on Carta and setting up user accounts.
Additionally, while we plan to keep the unique code, we are making it less prominent to avoid confusion for users.
Mara Pritchard
7 years ago1/15/2019
Carta now supports companies who have adopted the new accounting standard ASU 2018-07
Carta wants to help your company stay up to date with the new accounting guidance and make adoption easy. If your Company has elected to adopt ASU 2018-07, which treats non-employee awards as grant date awards, Carta’s expense reporting tool can help you.
If you have already generated expense reports on Carta you will need to contact your account representative or support to assist with a smooth transition. They will work with you directly to update the settings to ensure all expenses calculated prior to adoption remain unchanged.
If you have not yet generated expense reports, you will have the option to enter an adoption date when setting up your expenses for the first time.
Be sure to consult with your auditors or internal accounting team prior to adoption to ensure that Topic 606 is implemented as well to ensure compliances. Please feel free to direct any questions or feedback to 718@carta.com
Justin Lo
7 years ago1/14/2019
Outgoing wire instructions for public company employees!
We’re happy to announce that employees of publicly traded companies can now add their wire instructions in account settings for both US and international bank accounts. This wire account will be used for outgoing transactions... In other words, to ensure you get your money.
For international users, this means you will now be able to receive net proceeds (from sales, cashless exercises, etc) directly from Carta in your own local currencies!
Don’t need to set up wires? Not to worry. ACH via Plaid and manual entry is still supported for US domestic users. Please feel free to direct any questions or feedback to publicmarkets@carta.com
Justin Lo
7 years ago1/7/2019
Grant fund investment access on your investor's behalf
If you’re using Carta’s LP portal, you can now grant an investor’s colleague access to their fund investment directly.
You can find this feature by navigating to the ‘Partners’ page and clicking on the Manage users link for a specific partner.
You can add one or more users at a time and adjust permissions to ensure they only access the content your investor prescribes.
The users you add will only see your specific fund investment and not your investor’s full portfolio.
The permissions you set restrict the type of content they can see within the fund investment. In the example below, the user can only see legal documents.
Note that Carta fund administrators handle these operations for their funds, so these customers won’t see the Manage users link in app.
We hope this new feature simplifies user access for your investors. We’d love to hear your thoughts, so don’t hesitate to reach out at investorservices@carta.com with any questions or comments.
Mara Pritchard
7 years ago12/17/2018
Public company blackout period with custom rules and officer codes!
On desktop, public company admins now have further control over their future blackouts with flexible market rules and custom officer code creation.
You can see a dynamic list of all participants impacted by the blackout.
Easily select a combination of events you need to block.
Add and edit officer codes whenever you need.
Please feel free to direct any questions or feedback to publicmarkets@carta.com
Connor Bathen
7 years ago12/12/2018
View your SOI, IRR, and Fund Performance pages on your phone!
Investors can now view their fund’s SOI, Deal IRR, and Performance pages on their phone!
On desktop, fund administration customers will see a new ‘Funds’ section where all their fund data will live.
Take a look and send us your feedback at investorservices@carta.com.
Jordan Agnew
7 years ago12/10/2018
You can now remove bank accounts on personal portfolios as well as company accounts. To do this in a personal portfolio, go to “Account” and “Settings” and click on “Payment information” from the left menu. Click the “Actions” button and “Remove.”
If you have any pending transactions, such as an exercise or are participating in a capital call or a tender offer, you will not be able to remove your bank account.
Once the bank account is removed, you can then add a new bank account.
At this time, only one bank account can be added to personal portfolios. Company accounts can add multiple bank accounts. Learn more >
Connor Bathen
7 years ago12/6/2018
Search for comparable companies
Finding the right comparable companies for your ASC820 reports can be time-consuming, so we decided to enhance the Comparable companies page to make this process easier than ever. You can now find comparable companies using keywords, the subject company’s business description, and tickers.
We’ve also added more financial performance metrics right into the tool so that all of your comp research and selection can be done without leaving the app.
Mara Pritchard
7 years ago12/3/2018
Richer detail for capital call notices
If you’re using Carta’s (non-escrow) capital call feature, you now have several new options to enhance the notices you send to investors.
When setting call amounts, you now have the ability to reflect late interest payments, prepaid contributions and outstanding balances for one or more investors on capital call notices. You also have the ability to turn off a notice, which will prevent the notice from sending to the selected investor.
Adding any of these new options for investors will update amounts on the final review page accordingly. Late interest and outstanding balance amounts will increase an investor’s total amount due and adding a prepaid contribution will decrease their total amount due.
Notices with late interest added will include a late interest row and add to the total amount due.
Notices with outstanding balances added will include an outstanding balance row and add to the total amount due.
Notices with prepaid contributions added will include a prepaid contribution row and offset against the total amount due.
We hope these new options make it easier to run capital calls with your investors. We’d love to hear your thoughts, so don’t hesitate to reach out at investorservices@carta.com with any questions or comments.
Jordan Agnew
7 years ago12/3/2018
Tag your portfolio companies on Carta
Investors can now tag and categorize portfolio companies on Carta!
Find the “Manage Tags” page under the “Account” drop-down in your navigation. Here you can edit and add categories and tags.
You can apply tags on the “Manage company profiles” page, also under Accounts. There you can add tags in bulk or on an individual basis.
On the “Investments” and portfolio company pages, you can filter by these tags. We’re working on extending this filters functionality on more pages through-out your Carta experience.
We are excited about helping you organize your portfolio better, so don’t hesitate to send your feedback to investorservices@carta.com.
Jordan Agnew
7 years ago11/20/2018
Earnings per share report (basic & diluted)
Quarterly and annual reporting can be time consuming and stressful. For our public companies, help is on the way with our new earnings per share report! You can now calculate your company’s basic and diluted earnings per share faster than ever.
To access this report, navigate to the Reports page and search for Earnings per share worksheet under the Compliance section. Be sure to enter the start and end dates of the fiscal period, then export the report.
Connor Bathen
7 years ago11/19/2018
Updated interest end date fields for convertibles
For convertible notes, we previously used the same field to reflect “Interest last accrued” and “Interest accrual end date.” This was confusing since these two fields can be different dates. We have separated these fields and added tooltips into the details modal of the convertibles to help make the distinctions between these fields clearer.
Interest last accrued: the last date that interest was collected for a convertible. In Carta, this is a calculated date that changes depending on the terms that are set for the convertible and the amount of time that has passed. This can only be viewed in the details modal of the convertible.
Interest accrual end date: a date that can be modified by company administrators and will stop the interest from accruing based on the date set. This will override the maturity date if one is set. Interest accrual end date can be viewed in details modal of the convertible and edited by legal administrators through the modify workflow.
Connor Bathen
7 years ago11/4/2018
Manage closing documents for your investments
We made it easier for investors to manage closing documents for their investments on Carta. You can now upload closing documents for all your investments and view them in one place. Access closing documents from the “Documents” tab of your portfolio company page.
For investors with Carta companies in their portfolio, you will continue to have the ability to request and receive documents from your portfolio companies.
Have you started using Carta to manage documents for your portfolio companies? If so, send us feedback to investorservices@carta.com
Jordan Agnew
7 years ago11/1/2018
Information sharing for fund admin customers
As a Carta fund administration customer, you can now share your SOI, Deal IRR and Fund performance pages with your investors in-app.
We’ve made it simple to enable sharing across your investors, while providing granular controls to fine-tune access per investor. At your option, our team can help manage sharing, so that your investors can always access information from the most recent quarterly reporting period.
After enabling sharing, this investor can login to see these new views (SOI, Deal IRR, & Fund performance) in their Carta account.
We hope this feature makes it easier than ever to keep your investors informed and engaged and we’d love to hear your thoughts! Don’t hesitate to reach out at investorservices@carta.com.
Connor Bathen
7 years ago10/29/2018
You can now model exits for portfolio companies on Carta with just a couple clicks! Instead of spending hours building complicated models in excel, with exit scenarios you can let Carta’s software do the heavy lifting and focus on interpreting the results.
Here are a couple of its best features:
Distributions: The distributions chart allows you to see a range of outcomes for your firm, top 5 shareholders, and share classes.
Goal seek: You may not have a specific exit event on the horizon for your portfolio company, but want to understand what outcome would be required to achieve a 10x return multiple, 30% IRR, or $100 million payout for your portfolio. The goal seek feature allows you to enter a desired outcome and the model will return the required exit value to achieve the outcome.
Save and share:
Once you have created an exit scenario, you are able to save and share with other members of your team.
This update is rolling out to all Portfolio Insights and ASC820 customers today, log in and check it out! Send us your feedback to investorservices@carta.com
Jordan Agnew
7 years ago10/24/2018
Ownership metrics card for investors
We know things like post-money valuation, option pool remaining, and cash invested are some of the most important metrics to have top of my mind when going to board meetings, discussing follow on investments, and reviewing your portfolio. We added an ownership metric card to your Overview tab so you can quickly view these key facts about your investments.
Thank you to the people who have been part of our user research and inspired parts of this feature! We always enjoy talking to our users, please send any feedback to investorservices@carta.com.
Jordan Agnew
7 years ago10/23/2018
ISO/NSO split calculations run after modifications
We are now running ISO/NSO split calculations after you modify fields that could affect the status of a grant according to the $100K rule under IRC §422(d)(1-3).
If you modify name, email, grant date, option plan, or quantity for an option grant, we will notify you that that the status may change before you save. After the modification is saved, we will run the calculation and send an email to the user that made the modification if the ISO/NSO status changes.
Connor Bathen
7 years ago10/15/2018
Have you ever received a performance update from a portfolio company and thought, “this number is interesting, but how does this stack up against the forecast the team presented in January?” Portfolio Insights customers can now see how a portfolio company has forecasted and re-forecasted values through time for Revenue, Cash, EBITDA, and ARR/ MRR.
To access this feature, navigate to the Key Metrics tab of your portfolio company page and click on the “Forecasts” sub-tab.
The rows are the different statements of forecasted data by period and the last row shows actuals.
Will you use this feature to compare actuals to forecasts? Send us feedback at investorservices@carta.com.
Jordan Agnew