4 months ago3/2/2026 [**New: Biometric KYC Verification**](https://releasenotes.carta.com/new-biometric-kyc-verification-yMY1O) We’re excited to announce the release of Biometric KYC Verification, making it significantly easier and faster for LPs to complete their Know Your Customer (KYC) tasks on Carta. ## Why is this valuable? Move from setup to capital deployment faster. Traditional KYC is a manual hurdle that creates friction for LPs and delays onboarding. This update replaces legacy data entry with a biometric-first workflow—eliminating administrative overhead while ensuring the highest level of data integrity and compliance. ## What’s new? - **Instant identity verification:** Individual LPs can now verify their identity by scanning a government ID using their desktop or mobile phone—replacing a manual process with a streamlined flow completed in just minutes. - **Simplified data requirements:** For [US Investor KYC Due Diligence](https://support.carta.com/kb/guide/en/scope-of-services-investor-kyc-due-diligence-u-s-Xp4qEVuMDs/Steps/3724569), we have removed redundant fields to further simplify the process for LPs - **Mobile-first flexibility:** Investors can instantly transition from desktop to mobile via QR code to capture high-resolution ID photos, ensuring a higher success rate and faster approvals. This is available for all Individual entity types across all Investor Services KYC Due Diligence products in all jurisdictions. ## How do I use it? 1. **Enter KYC:** Start the KYC process either within the Subscription Documents or Identity Verification task. 2. **Choose a method:** Upload a photo of a government ID or scan the provided QR code to take a photo of the ID. 3. **Submit:** Complete the task in a fraction of the time compared to legacy manual forms. ## Anything else I need to know? - **Existing tasks:** LPs who have already started a KYC task will continue with the current form to ensure their progress is not interrupted. - **Manual fallback:** If an ID cannot be verified automatically, users will be prompted to try again or can choose to fill out the information manually to ensure no one gets stuck. Samantha Widman 7 months ago12/18/2025 [**New: Intercompany Balances View**](https://releasenotes.carta.com/new-intercompany-balances-view-3s6vm0) We're excited to introduce Carta's Intercompany Balances view, a relationship-centric dashboard for tracking obligations across your firm. Whether you need to track reimbursements to the management company, fund-to-fund balances, or other intercompany liabilities, you now have centralized oversight. **Why is this valuable?** Firms often struggle with reconciling due-to and due-from balances across entities like funds, their management company, SPVs, and GP entities. The Intercompany Balances view improves your firm-wide visibility and operational efficiency with a unified, entity-level view. Within each entity in Carta, you can instantly check outstanding balances across related entities in the firm. This enables: - **Firm-level Clarity**: Easily see net amounts due-to and due-from a primary entity and all related entities. - **See What Ties Out**: Balances are automatically categorized as "Settled," "Ready to Settle," or "Pending Review” so you immediately know what’s actionable. - **Visibility into Available Cash**: Confirm sufficient funds are available for settlement with a real-time view of entity bank balances. - **Audit the Underlying Journals**: Quickly dig into entities’ trial balances for deeper review of intercompany accounts and journal details. **Coming Soon: Bulk Settlement** The Intercompany Balances view is just the first step. We are actively building the next phase, which will allow you to settle multiple balances in a single workflow. **Who is this available for?** This feature is available to all Fund Admin customers. **How do I learn more?** For more information on the Intercompany Balances view, check out [this detailed walkthrough](https://support.carta.com/kb/guide/en/how-to-use-the-intercompany-balance-tool-8UZdXmPfhZ/Steps/4907077). Sam Engel 8 months ago11/17/2025 [**New: Data Explorer**](https://releasenotes.carta.com/new-data-explorer-16JGmI) We’re excited to announce the release of Data Explorer, which offers Carta Fund Administration customers a centralized hub to query, analyze, and export your fund and portfolio company data. ### Why is this valuable? Insights and reporting are often siloed, manual processes that are not integrated into your existing data ecosystem, leading to data freshness, quality, and integrity issues. This release centralizes and streamlines reporting across the Carta platform and turns your data into a strategic advantage. With **Data Explorer**, you'll access the following benefits: - **Get full visibility**: View consolidated data across every fund and SPV in one place for faster insights generation. - **Create custom reports**: Build pivots, dashboards, and visualizations tailored to your needs—no spreadsheets required. - **Benchmark performance**: Instantly compare your fund metrics against peers by vintage and AUM. - **Automate data extraction**: Easily connect Carta’s data pipeline to your existing systems via a Snowflake secure data share or API-based connector. ### Who is this available for? This is available for all Carta Fund Administration customers. To get started: 1. Login to your Carta account and navigate to Tools & Services > **Data explorer**. 2. Access curated dashboards based on common reporting use cases. 3. Reference our [data dictionary](https://docs.carta.com/carta/docs/data-dictionary) for comprehensive table and field definitions. 4. Click New > question to initiate a custom query and save it to your personal collection or add to a dashboard. ### How does it work? Release notes recording Click for sound ### How do I learn more? For more details, visit our [detailed guides](https://support.carta.com/kb/guide/en/how-to-leverage-data-explorer-for-your-fund-gkjYz5GgUJ/Steps/4671117) in the Carta Support Center. Leah Rodriguez 8 months ago11/7/2025 [**Automated Money Movement (AMM) for Distributions**](https://releasenotes.carta.com/automated-money-movement-amm-for-distributions-41fsTC) We’re excited to announce that Carta’s [Automated Money Movement](https://support.carta.com/kb/guide/en/how-to-simplify-expense-management-with-automated-money-movement-0MJKX8UypJ/Steps/3724621) (AMM) now supports [distributions](https://support.carta.com/kb/guide/en/how-to-simplify-expense-management-with-automated-money-movement-0MJKX8UypJ/Steps/3724621,4065063,3753257,4463307,4461422), providing a smoother experience for you and your investors whenever it’s time to distribute returns. **Why is this valuable?** Distributions are an opportunity to strengthen your investors' trust and celebrate milestones together. This release makes your distributions easier to execute and provides timely, transparent payments to investors. With AMM for Distributions, you'll benefit from: - **Streamlined Workflow:** Approve a single lump-sum wire in your bank portal—eliminating the need to review and approve dozens or hundreds of individual wires. Our solution handles disbursements to individual investors. - **Real-Time Tracking:** Get full visibility into your distribution progress with real-time status directly in Carta, along with email confirmations for investors and summary notifications for your team. - **Timely Operations:** Send prompt distributions to your investors and get up-to-date financial reporting by automating key steps of the distribution process. **Who is this available for?** This is available for all Carta Fund Admin customers. To get started: 1. Complete the [KYC Due Diligence task](https://support.carta.com/kb/guide/en/how-to-complete-kyc-for-your-fund-oXR5HgMzu6/Steps/3725013) on the Carta platform. 2. Notify your Carta fund administration team that you’d like to enable AMM for Distributions. **How does it work?** Automated Money Movement for Distributions FNL (1).mov Click for sound **How do I learn more?** For more details, visit our [detailed guide](https://support.carta.com/kb/guide/en/how-to-simplify-expense-management-with-automated-money-movement-0MJKX8UypJ/Steps/3724621,4065063,3753257,4463307,4461422) in the Carta Support Center. Sam Engel 8 months ago11/6/2025 [**New: Integrated Budgeting Engine for Management Company Administration**](https://releasenotes.carta.com/new-integrated-budgeting-engine-for-management-company-administration-yFgEU) We're excited to introduce Carta's integrated budgeting engine, which is built on and stays connected to your actuals. Management company budgets often get set and forgotten. Disconnected from accounting systems and requiring manual updates, budgets tend to drift from actuals, quickly becoming outdated and outliving their usefulness. We’re changing that. **Why is this valuable?** The integrated budgeting engine transforms your budget from a manually maintained necessity to a connected strategic planning tool. Built directly into your management company, it enables: - **Budget Generation:** Create a baseline annual budget in minutes using your historical spend and management fee schedules - **Bulk Editing:** Update budgets inline and by applying bulk changes, including splitting annual amounts across months and adding a budget buffer percentage for expense categories - **Edit History:** See an audit log of who made edits, what they changed, and when - **On-demand Budget Refresh:** Run fresh budget recommendations with the latest data, whenever you want **Who is this available for?** This feature is available for all customers with Carta’s [Management Company Administration](/content/fund-management/manco-administration/index.html) add-on. **How does it work?** Mgmt Co Budget Demo Click for sound **How do I learn more?** For more information on the integrated budgeting engine, check out this [detailed walkthrough](https://support.carta.com/kb/guide/en/how-to-use-cartas-budgeting-engine-1Z8BDaA4mb/Steps/4817639) or reach out to your Carta Fund Admin team. Sam Engel 9 months ago10/14/2025 [**GP Quick Action Tool for New Investments**](https://releasenotes.carta.com/gp-quick-action-tool-for-new-investments-2auipW) We are excited to share a new feature that gives you more control and speed when managing your portfolio. You can now **book new investments directly on your Schedule of Investments (SOI)**, bypassing the need to contact our team for basic updates. This new tool is a major step in our effort to open up previously internal processes and give you more control and flexibility over your data, making your operations faster and more efficient. **What’s new?** GPs can now use the new [investment booking tool](https://app.arcade.software/share/Fxp77bYjAWheXlsWZtHV) to independently add and update new investments to the Schedule of Investments. The tool supports all major asset classes, covering over 90% of use cases, including: - SAFEs - Preferred & Common Equity - Convertible Promissory Notes - Fund Investments **Why is this important?** This feature will streamline your experience, with three key benefits: - Faster updates: No more waiting for back-and-forth emails. Book investments instantly, right from your dashboard - Full control: Update your SOIs whenever you need to, 24/7 - Audit-ready records: Easily upload supporting documents and ensure your data is accurate and up-to-date **How does it work?** Booking a new investment is simple. 1. From your Dashboard or SOI, select “Make New Investment.” 2. Choose the relevant fund 3. Enter the investment and asset details 4. Provide wire request information, if applicable 5. Upload your investment documentation 6. Submit **How do I learn more?** Contact your Account Manager or Fund Admin team to learn more. 9 months ago10/6/2025 [**LP Wire Dashboard**](https://releasenotes.carta.com/lp-wire-dashboard-3wyRvq) ## What's new? Carta's new LP Wire Dashboard provides centralized visibility of your LPs' wire instructions. You can easily track changes to LP wire instructions and ensure completeness and accuracy with a comprehensive view of payment details across all funds. Whether you're preparing for a distribution, conducting wire confirmations, or ensuring compliance with your firm's ongoing audit requirements, you now have a single source of truth for all LP wire instruction data across your entire firm. ## How does it work? Access the LP Wire Dashboard by navigating to the Partners tab and selecting "Wire Instructions" to see the new experience. ## Centralized wire instruction oversight - **View** all LPs' wire instructions across every fund in your firm in one consolidated dashboard - **Identify** LPs with missing or outdated wire instructions at a glance - **Sort** the columns to view which LP wire instructions have changed or been confirmed by the LP recently. - Use the _Entered by_ column to have Audit visibility into who changed or confirmed the wire instructions. - **Filter** LPs based on specific criteria like missing instructions, recent updates, confirmation status or by fund. - **Ensure compliance** with internal control processes that require additional steps to be taken to verify wire instructions when changes occur. ## View Details and Export - **View the details** of the LP’s complete wire information by clicking the View Details button on the far right of the table. - **Export** reports with the wire instruction status across all entities. Spencer Holton 9 months ago9/29/2025 [**KYC AML Dashboard**](https://releasenotes.carta.com/kyc-aml-dashboard-1duKTS) #### What’s new? Carta’s new KYC AML Dashboard provides greater visibility and control of your investor KYC (Know Your Customer) checks. It allows you to easily track requests and keep on top of KYC progress with a visual summary and details for each LP. Here’s how it works: 1\. Initiate and track progress - Invite LPs to complete KYC, including prospective LPs who are not on your Partners Dashboard, and standalone KYC checks outside of Fund Closings - Remind investors to submit their KYC information and keep things moving - Monitor status updates and key dates, including when KYC was last updated for an investor, and the results of daily watchlist screenings 2\. Consolidate KYC tasks across entities - Manage results for investors in multiple entities - See investor KYC checks across jurisdictions in one place - Ensure regulations are followed with data collection based on the entity’s country of domicile 3\. Download results - Export summary reports for an overview of investor KYC results across all entities - Export Customer Due Diligence (CDD) reports for individual investor KYC results including risk scores that explain how a verdict was reached #### What’s important about this change? Traditional KYC providers and methods offer GPs very limited visibility into the process. GPs often don’t know how a KYC check is progressing or when it will be complete, and aren’t told why a certain verdict was reached. The KYC AML Dashboard transforms the experience of managing KYC for a fund, whether you’re onboarding LPs for the first-time or running periodic reviews. #### How does it work? To learn more, browse [our support articles](https://support.carta.com/kb/guide/en/how-to-use-carta-kyc-services-aIoHtVb9uV/Steps/3854766) about Carta’s KYC services or read our [guide to KYC compliance](/content/learn/private-funds/regulations/aml-kyc/index.html). See the product in action in this interactive demo: KYC at Carta A # KYC AML Dashboard ## Learn how to stay on top of your KYC/AML program throughout your fund's lifecycle with Carta Get Started N.B. Carta’s KYC solution supports, but does not constitute, an AML program. Samantha Widman 10 months ago9/15/2025 [**New: Introducing Company Financials Integration for Carta Fund Forecasting**](https://releasenotes.carta.com/new-introducing-company-financials-integration-for-carta-fund-forecasting-4Ankf6) Carta Fund Forecasting now integrates directly with [Carta Data Collection](/content/fund-management/fund-administration/portfolio-insights/index.html), allowing you to automatically sync portfolio company financials and KPIs from into your Fund Forecasting KPI Manager module. This streamlines data collection, improves data quality, and lets you immediately leverage Carta Fund Forecasting’s analytics, modeling, and reporting capabilities. **Why is this valuable:** The end-to-end flow between Carta Data Collection and Fund Forecasting simplifies the recurring process of requesting and maintaining portfolio company financials. Our team partners with you to gather and organize everything using a streamlined workflow in Data Collection, then keeps it in sync with Fund Forecasting. This enables you to: - Rely on financials and KPIs in Carta Data Collection as the source of truth; updates automatically sync in Carta Fund Forecasting. - Analyze metrics over time by company and by KPI with flexible charts and visualizations. - Build custom formulas, compute valuation multiples, and uncover deeper insights. - Customize and deliver on tear sheets and reports focused on financials and KPIs. **Who is this available for:** This integration is available for all joint Carta Data Collection <> Fund Forecasting customers. Reach out to your Carta Fund Forecasting account manager or [fund-forecasting@carta.com](mailto:fund-forecasting@carta.com) for any questions. **How does it work:** Carta <> Tactyc Financials Integration.mp4 - Google Drive **How do I learn more?** [Support Article](https://support.carta.com/kb/guide/en/how-to-leverage-tactycs-financials-integration-with-carta-MBypltXles/Steps/4682740): Company Financials Integration with Carta Fund Forecasting. Watch the [Q3 2025: What's New, What's Next Webinar recording](/content/events/fund-admin-25-q3/index.html) Nathania Fuad 11 months ago8/5/2025 [**ILPA-compliant​​ notices for partner-level reporting**](https://releasenotes.carta.com/ilpa-compliant-notices-for-partner-level-reporting-18SM2k) **What’s new?** Partner-level ILPA notices are now available on Carta, making ILPA reporting faster, easier, and more reliable. With this update, you can generate, review, and distribute ILPA notices directly within Carta, at the same time as standard capital call and distribution notices. ### What’s important about this change? For firms, preparing ILPA-compliant notices for LPs is often an additional task alongside standard notices. It can require multiple software tools and manual efforts to book activity and prepare the outputs, adding time and complexity to a firm’s reporting workload. On Carta, ILPA notices are now automatically generated and distributed at the same time as standard notices, streamlining the process for firms and ensuring all LPs receive them simultaneously. ### How does it work? 1. Ask your Carta team to switch on ILPA reporting for your fund 2. Request a capital call or distribution following the standard workflow 3. Review the ILPA-formatted notices in the app alongside the standard notices 4. Once approved, the appropriate notices are distributed to your LPs a year ago7/17/2025 [**Enhancements to the Carta Fund Forecasting <> Investments Integration**](https://releasenotes.carta.com/enhancements-to-the-carta-fund-forecasting-investments-integration-417dqE) We’re excited to announce a major refresh of the Carta Fund Forecasting <> investments integration that offers enhanced customization and greater control. With a redesigned integration review flow and an upgraded data sync powered by Carta's Schedule of Investments (SOI), these updates make it easier than ever to build and maintain accurate historical performance cases in Carta Fund Forecasting. **What's New:** 1\. Enhanced Integration Review Flow: - **Choose what to keep:** Selectively retain investment events already in Carta Fund Forecasting, and decide which financing rounds to sync from Carta. - **Clear visibility:** Carta-sourced data includes distinct branding and color-coding, giving you clarity on where your data comes from - **Full control:** All synced data remains fully editable in Carta Fund Forecasting after import. You can also 2\. SOI Driven Integration **(for Carta Fund Admin <> Fund Forecasting customers)**: - **Improved accuracy:** For any portfolio company with a cap table in Carta, we now anchor investment data directly from the Statement of Investments (SOI). - **Enriched context:** SOI data is enhanced with Carta’s complete cap table information to ensure (1) accurate ownership calculations across events and (2) inclusion of non-participating rounds Carta Investments Integration.mov - Google Drive **How do I learn more?** [Carta Fund Forecasting: Support Article](https://support.carta.com/kb/guide/en/how-to-leverage-tactycs-cap-table-integration-with-carta-vZn47rttbr/Steps/4190091) **Anything else I need to know?** Specific user and firm permissions are required for integration setup — learn more [here](https://support.carta.com/kb/guide/en/how-to-leverage-tactycs-cap-table-integration-with-carta-vZn47rttbr/Steps/4190091,4192203). **Coming Soon:** Non-Carta investments tracked on the Schedule of Investments will be available in Q4. Nathania Fuad a year ago7/15/2025 [**Multi-party Collaboration in Closings**](https://releasenotes.carta.com/multi-party-collaboration-in-closings-U6g1O) # What's new? We've enhanced Carta Closings to support sophisticated investors and streamline the fundraising process with multi-party collaboration. This major update transforms Closings from a single-user experience into a collaborative platform where multiple LP contacts can access and complete the subscription process simultaneously. With multi-party, GPs can share access to multiple contacts, including themselves, and LPs can invite multiple contacts (e.g. wealth advisors, lawyers, colleagues, additional signatories) to help complete their subscription documents—all while maintaining complete visibility and control. # Why is this important? For sophisticated investors, completing subscription documents often requires input from multiple parties—financial advisors, legal counsel, authorized signatories, and others. Previously, this coordination happened offline through countless emails and document sharing, creating friction and delays. While individual investors can easily complete forms themselves, larger institutional investors and more sophisticated LPs typically require multiple collaborators to review, complete, and sign subscription documents. # Key benefits: ### For General Partners: - **White-glove service:** Pre-fill your LP’s subdocs while also being able to view and edit in-progress investor questionnaires to proactively assist your LPs through the subscription process - **Enhanced investor management:** Add multiple contacts per investor and proactively designate signatories when sending invitations - **Broader visibility:** Maintain a comprehensive view of all contacts associated with each LP in an updated investor ledger - **Multi-party data room access:** All LP contacts can now access your Closings data room when invited ### For Limited Partners: - **Flexible collaboration:** Add team members, wealth advisors, joint subscribers or other stakeholders to help complete the sections of the questionnaire on your behalf - **Transparent access & permissions:** Maintain visibility into who has access to the questionnaire and define account contact permissions for managing the investment in Carta. # How does it work? ### 1️⃣ GP Access to Assist GPs can now add themselves as an additional contact to prefill LP information and also edit investor questionnaires while they're in progress, allowing them to provide timely assistance to LPs navigating the subscription process. LPs are notified that the GP has this visibility, ensuring transparency throughout. ### 2️⃣ Adding Multiple Collaborators **For GPs:** When adding a prospective investor, you can now include multiple contacts with their names, email addresses, and signatory roles. You can edit this list before sending invitations and view all contacts in an enhanced investor ledger. **For LPs:** From the Closings welcome page, you can add or remove contacts, while specifying who has signing authority. New collaborators will receive email invitations to access the subscription. ### 3️⃣ Enhanced Data Room Access Multiple stakeholders from a single LP entity can now access the Closings data room, ensuring everyone involved can securely access your fund’s information. # How do I learn more? To learn more about multi-party collaboration in Closings, check out our detailed [support articles](https://support.carta.com/kb/guide/en/how-to-manage-fund-subscriptions-with-carta-closings-WXcdtv3wJS/Steps/3724590) or reach out to your Account Manager for a personalized walkthrough to support your next fundraise. John Hoffman a year ago6/5/2025 [**A New and Improved Investments Dashboard**](https://releasenotes.carta.com/a-new-and-improved-investments-dashboard-v3qQE) Your Investments Dashboard is getting a major refresh, delivering more interactive controls, clearer visibility into the metrics you care about most, and new customization tools, all integrated into a single unified experience. ## What's new? We’ve started rolling out major upgrades that significantly improve your ability to view and customize investment data at the firm, fund, and portfolio company level. - **More data:** We've introduced new metrics and integrated asset-level data directly into the new experience. Instead of navigating separately to your fund view to the metrics on the SOI, everything now lives here. - **Dynamic Tables:** Navigate data easily with sticky headers, infinite scrolling, and dynamic column widths. - **Flexible Grouping:** Group by Fund to view roll-ups and performance at different aggregation levels. - **Powerful Tagging:** Create, apply, and filter investment-level tags to organize by geography, industry, fund, or custom categories. ## **Coming Soon** We're rolling out additional enhancements in the coming weeks: - **Filter by fund, fund family, or tags:** Easily filter your dashboard view by specific entities, making it faster to find and review exactly what you need. - **Export your view:** Export everything displayed on your screen, including new asset-level details and any applied filters. - **Group by fund:** Currently, your data is grouped by company. Soon, you'll have the option to group investments by fund entity for greater flexibility and insight. ## Curious for more? If you have any questions or feedback, reach out to your dedicated Account Director to schedule a call. Additional details can be found in [this support article](https://support.carta.com/kb/guide/en/how-to-manage-and-organize-firm-investments-Ln0bWHyPDN/Steps/4328424). Cesar Ruiz a year ago5/27/2025 [**New: Carta Fund Admin <> Fund Forecasting Integration**](https://releasenotes.carta.com/new-carta-fund-admin-fund-forecasting-integration-cSyqs) Carta Fund Forecasting now integrates directly with Carta Fund Admin, allowing you to automatically sync fund cash flows from the GL into your Fund Forecasting construction model. Overall, the integration accelerates your ability to leverage Carta Fund Forecasting’s powerful forecasting tools and insights. With immediate access to fund accounting details, you can more quickly track capital activity to ensure up to date performance metrics and data driven forecasting. **Why is this valuable:** The Fund Accounting integration between Carta Fund Forecasting removes the need to manually input monthly cash flows into your construction model—resulting in more accurate, timely, and complete fund performance data. With this integration, you can: - Review and approve partner details, commitments, capital calls, distributions, management fees, and fund expenses - Save time by syncing real actuals instead of relying on outdated or estimated figures - Improve accuracy of forecasts and performance metrics like IRR, DPI, and TVPI - Enable scenario analysis that adapts in real time as capital activity changes - Streamline LP reporting and internal reviews with updated data **Who is this available for:** This integration is available for all joint Carta Fund Admin <> Fund Forecasting customers. Reach out to your Carta Fund Forecasting account manager or [fund-forecasting@carta.com](mailto:fund-forecasting@carta.com) for any questions. **How does it work:** Carta Fund Admin <> Tactyc integration - Google Drive **How do I learn more?** [Carta Support Article](https://support.carta.com/kb/guide/en/how-to-leverage-tactycs-fund-admin-integration-with-carta-NjHjsFUP8d/Steps/4394364): Carta Fund Admin <> Fund Forecasting Integration Signup for the [Carta Fund Forecasting Webinar](/content/events/data-driven-decisions-with-tactyc/index.html) on May 28. Henry Ward (Carta CEO) and Anubhav Srivastava (Tactyc Founder) will be joined by Sophie Seston from Active Impact Investments. The recording will be available afterwards as well. **Anything else I need to know?** Stay tuned for additional release notes in June, covering Carta integration enhancements and updates. Nathania Fuad a year ago4/29/2025 [**New: Share company financial statements via Investor Updates on Carta**](https://releasenotes.carta.com/new-share-company-financial-statements-via-investor-updates-on-carta-1R2dUs) **What’s New** Easily and securely share financial statements as part of your investor updates. Connect directly to your accounting system, select the desired time frame, and include a one-time snapshot of your financials in your next investor update – all within Carta’s investor updates tool. **Why is it Valuable** Most portfolio companies send investor updates once a quarter. With a one-time setup to connect your accounting system, you can make all future updates faster, easier, and more comprehensive for both you and your investors. Easily select and review financial statements before sending. Using Carta’s communication center, you can control who sees your data, conveniently import your investor list from the cap table, and allow investors to securely view and reply to your updates—including cap table and financial statements–all in one centralized, trackable location. **How does it work** You can set this up by: 1. Get your Quickbooks or accounting software login information 2. Navigating to your Carta account 3. Go to the Communications Center 4. Click on ‘New Message’ 5. Choose any template you want to update your shareholders about 6. Under import financials click Connect to use QuickBooks or See all for the other providers available 1. Once you’ve prepared connecting your accounting system and composed your investor update, you can review your financial statements. 1. In the review screen you view the data from your accounting system, select the period, and add notes you want your investors to see alongside the data. 2. After you submit the investor update message with the imported financials, the financials will appear under Company Financials view. What recipients will see: 1. After a message is sent, the recipient receives an email notification with a link to view it. 2. New users are prompted to create an account, while existing users are taken directly to their Carta inbox. 1. If financials have been imported, the investor will be able to click View Company Financials link and view the uploaded documents directly in the Financials tab, monthly and quarterly view. ### Who is this for? Authorized company administrators or users with the new Investor Relations permission, can set up the financial integration and send messages to investors through the communications center. **How do I learn more or get help?** [Learn more about our Investor Updates and Communication Center here](https://support.carta.com/kb/guide/en/how-to-send-communications-through-carta-8vDtLiqvsU/Steps/3707266). For feedback about this new feature, communication center, or Carta you can [reach out here](https://support.carta.com/kb/guide/en/how-to-contact-carta-guEh25yH5d/Steps/3724418)! Will WD a year ago3/30/2025 [**New for Investors: AI powered Cap table builder**](https://releasenotes.carta.com/new-for-investors-ai-powered-cap-table-builder-2dHVVm) This week we rolled out a new feature for Investors: **AI powered document extraction in the Cap table builder**. Investors can now upload relevant documents about a company in their portfolio (Articles of Incorporations, Stock Purchase Agreements, Convertible note and SAFE agreements, have those documents automatically populate the fields the cap table builder. ## How it works: ### 1\. Investors can add a new company (or edit an existing company) in their portfolio ### 2\. When adding a new company they can input the company name and upload any of the documents they have about the company's ownership structure ### 3\. The cap table builder will read the documents and begin to build out the structure of the cap table ### 4\. The feature will then guide the user through the cap table builder with any field read from the documents pre-filled. This includes the ownership structure and the funds holdings, provided they were available in the Articles of Incorporation and Stock Purchase Agreements. ### ### 5\. You can review and edit any field in the builder. Once complete it will guide you to the capitalization page of the new portfolio company. ## ### 4\. As your portfolio company's cap table evolves over time, you can edit the cap table for any changes using the same workflow. You can edit the company via the Investments page ( _Investments > Manage portfolio > Edit_) or on the company's capitalization page directly ( _Company > Capitalization > Update cap table_) ## Benefits of using Cap table builder: 1. The cap table builder allows investors to load in any of their portfolio companies not using Carta to share their cap table with them. 2. By adding a portfolio companies cap table into their portfolio, investors can: 1. Use the Scenario modeling and waterfall tools 2. Create and run ASC 820 valuations 3. Track ownership over time 4.  Have a single source of truth for all their portfolio companies' cap tables. As part of this release we are now enabling Cap table builder for all funds who pay for any of Carta's fund products! [If you have any questions or feedback you can reach us here](https://support.carta.com/kb/guide/en/how-to-contact-carta-guEh25yH5d/Steps/3724418)! Jordan Agnew a year ago3/25/2025 [**E-signature witnessing for LP subscription documents**](https://releasenotes.carta.com/e-signature-witnessing-for-lp-subscription-documents-17zVEQ) LPs can now nominate a witness to provide a digital witness signature to their subscription documents during closings. **What’s new?** Certain jurisdictions legally require a witness for subscription documents. A witness is a third-party individual who observes someone signing a document and provides a signature themselves to confirm that the original signature is genuine. Previously, signature witnessing was a clunky process which involved downloading and signing physical documents. Now, signatures can be securely witnessed online in a few clicks. **Who is it available for?** Digital witnessing is available to fund administration customers and their LPs when closing a fund domiciled in the UK, Jersey, Singapore or the Cayman Islands. **How do I use it?** As an LP: Upon signing the subscription documents, you will be prompted to add a witness and enter their details to complete signing. The witness will then receive an email. You can nudge the witness by resending the signature request email. As a witness: You will receive an email informing you of the witness signature request. Follow the link in the email to witness the signature on the LP’s subscription documents. After you have signed, you’ll receive an email confirming that the process is complete. As a GP: You’ll be able to track the progress of signatories within Carta. When all signatures are complete, you can countersign the subscription documents. a year ago3/17/2025 [**Attach a separate file when sharing financials with LPs**](https://releasenotes.carta.com/attach-a-separate-file-when-sharing-financials-with-lps-4a2KSA) When your financials are ready to be published, you now have the option to share them with a separate file attachment instead of grouping the attached file to the financials document. This means that your LPs will receive 2-3 separate files (depending on if you are also sharing PCAPs) in their Carta account and/or email for them to download. To do this, navigate to the financial package that is ready to approve. Select approve and publish or approve and schedule. Check yes next to the question 'Would you like to send the package with an attachment?' and select 'Attach as separate file' to the question 'How would you like to attach the file?'. You will then upload the file, indicate what type of document it is, and name it. Once published, you will see the documents in the Fund > Partners > Documents page. That same document can be found on the LPs side in their portfolio. If you selected to notify the LP about the documents shared, the LP will receive an email notifying them of the new documents existence. EJ Jacoby a year ago3/14/2025 [**New: Investments Integration with Carta Fund Forecasting**](https://releasenotes.carta.com/new-investments-integration-with-carta-fund-forecasting-3QJcT6) Carta Fund Forecasting now integrates real time cap table data into its forecasting and planning platform. The direct connection to Carta streamlines the process of adding investments data in Carta Fund Forecasting, providing fund managers the ability to make data-backed decisions with greater speed and accuracy. **Why is this valuable:** Historically, investment updates have needed to be manually uploaded and maintained in Carta Fund Forecasting. This process is often time-consuming and error-prone, making it difficult to ensure current forecasting for your fund is accurate and up to date. You can now sync ownership and financing history for all portfolio companies tracked on Carta. Starting from the fund's initial investment, all subsequent financing rounds will get pulled into Carta Fund Forecasting, regardless of whether you participated or not. The new Tasks and Notifications page will also prompt weekly in-app notifications and review for cap table updates including new rounds for existing investments, net new investments, and newly granted cap table access. Overall, the integration accelerates your ability to leverage Carta Fund Forecasting’s powerful modeling tools and insights. With immediate access to real time cap table data, you can more quickly track how you're following your original fund construction plan across pacing, reserve optimizations, portfolio insights, and more. **Who is this available for:** This integration is available for all Carta Fund Forecasting customers who have an investment firm account in Carta, with accepted securities issued from portfolio companies on Carta.  If you need assistance with portfolio consolidation to one main firm account, reach out to our team at [fund-forecasting@carta.com](mailto:fund-forecasting@carta.com). Basic cap table access or higher is also required to pull in a portfolio company's details — learn more [here](https://support.carta.com/kb/guide/en/how-to-request-cap-table-access-to-a-portfolio-company-hSjVe9hYNp/Steps/3725217). **How does it work:** ### 1️⃣ Set up the integration by going through investment mapping and data review workflow in Carta Fund Forecasting ### 2️⃣ Once data has been approved, Performance Cases in the respective Investments page will update with Carta sourced data ### 3️⃣ Re-sync Carta data on demand, prompting review and approval for Carta updates across new rounds for existing investments, net new investments, and newly granted cap table access. **How do I learn more?** [Carta Support Article](https://support.carta.com/kb/guide/en/how-to-leverage-tactycs-integration-with-carta-vZn47rttbr/Steps/4190091): How to Use the Investments Integration with Carta Fund Forecasting. Signup for the [Carta Product Webinar](https://www.linkedin.com/video/event/urn:li:ugcPost:7305726338915520512) on April 1. **Anything else I need to know?** Stay tuned for additional release notes in Q2, covering Carta integration enhancements and updates. Nathania Fuad a year ago3/12/2025 [**SPV formations tool for GP/LP co-investments in the UK**](https://releasenotes.carta.com/spv-formations-tool-for-gp-lp-co-investments-in-the-uk-3Nkzqo) With Carta’s new UK SPV formations tool, you can form and close SPVs as GP/LP co-investments. Set up your UK SPV on Carta using a streamlined in-app flow with enhanced security and compliance checks. ## What’s new? Preparing lengthy legal documents, running rigorous identity checks, navigating limited banking options: forming an SPV in the UK is hard work. Carta streamlines the SPV process at every step, starting with a smooth setup experience. With our new SPV formations tool, you can form a GP/LP SPV entity and close LPs quickly, efficiently and professionally. The GP/LP co-investment structure gives you control throughout the lifetime of the SPV, ensuring you have decision-making power while minimising the workload for your LPs. The tool includes: - An in-app formation process that guides Lead Partners through each step - Smooth in-app closing with subdocs and support for SPV investors - Bank account opening within 24 hours - A dedicated portal for investors to sign documents, fulfill capital calls and view documents - Comprehensive KYC/AML services for vetting SPV stakeholders and assessing investor identity risk ## Who is this available for? This unhosted SPV is available to regulated investors looking to form a GP/LP SPV in the UK. Current Carta customers can get started with their SPV formation in-app. ## How do I use it? Get started with your SPV formation in-app – reach out to Carta staff to request access, and we’ll share a direct link to the SPV formations page. 1. Fill out the Engagement Letter request form, specifying which add-on products and services you require. Review your package summary, and submit. 2. Complete KYC by submitting your Lead Partner identity information. 3. Review and sign the Engagement Letter. 4. Confirm your SPV entity name and share stakeholder contact information for the GP entity, Investment Manager and initial LP signatories. 1. Set up your governing terms. 2. Sign the LP Agreement and Investment Manager Agreement. 3. Invite your investors to the SPV on Carta. ## Anything else I need to know? To get started, you’ll need to reach out to Carta staff and request access. Once approved, you’ll receive a direct link to the UK SPV formations page. a year ago3/6/2025 [**Closings for Cayman-domiciled funds**](https://releasenotes.carta.com/closings-for-cayman-domiciled-funds-Gj3Vu) **What’s new?** Global investors often choose to domicile funds in the Cayman Islands, due to its regulatory framework and popularity among LPs. Carta now better serves GPs and LPs in Cayman-domiciled funds with an enhanced Closings experience. **What’s important about this?** This release allows GPs of Cayman-domiciled funds to offer a smooth onboarding experience to LPs, while ensuring compliance with Cayman Islands legal requirements. To meet these compliance standards, we have introduced: - Witnessed signature collection on subscription documents - A Cayman-compliant investor questionnaire, guiding LPs through necessary disclosures and regulatory checks required for investors in the Cayman Islands **Who is this available for?** This update is available for funds domiciled in the Cayman Islands. **How do I use it?** Funds domiciled in the Cayman Islands will automatically benefit from these updates, with no further action required. LPs will be guided through a Closings experience tailored for Cayman-domiciled funds. a year ago3/4/2025 [**Introducing the Portfolio Events**](https://releasenotes.carta.com/introducing-the-portfolio-events-2idAFa) # Portfolio Events Portfolio Events is a real-time dashboard that surfaces key portfolio company events in a centralized location. Get timely insights into financial performance and notifications about key events—such as equity issuances and conversions, updated valuations, and new funding rounds. Any changes made by your portfolio companies will be automatically reflected in your event feed, helping you maintain an open channel of communication without manual back-and-forth. # Who is this available for? The Portfolio Events feature is available for investment firms. # How do I use it? Access the Portfolio Events page from the Tools & Services sidebar menu. Filter by company name, event type, event date, and entity name. View details for any event to see more info on your equity holdings, or on the company’s financing activity or valuation. # Anything else I need to know? Portfolio Events rollout is rolling out incrementally to all investor firms. Please reach out to your Account Director with any questions. Webb Allen a year ago3/3/2025 [**A New Standard for Closings**](https://releasenotes.carta.com/a-new-standard-for-closings-PnX2w) ## What’s new? We’ve enhanced Carta Closings to give General Partners (GPs) greater visibility into their fundraising progress and provide Limited Partners (LPs) with more flexibility in how they complete subscription documents. With these updates, GPs can now set clear fundraising goals, manage prospective investors across their pipeline, track progress in real time, and upload offline documents for institutional LPs. LPs also gain multiple signing options to make their subscription process more flexible. ## Why is this important? Fundraising can involve countless emails, manual document handling, and a lack of clear tracking. With these improvements, GPs can better manage their fundraise all in one place while offering LPs a smoother, more efficient signing process. ### Key benefits: ✅ **Flexible LP signing options**– LPs can complete online, download and sign manually, or delegate the task. ✅ **Clear fundraising tracking** – Set and monitor a fundraising goal with real-time updates while simplifying investor management throughout each stage of your fundraise. ✅ **Simplified document workflows** – GPs can upload countersigned subscription documents directly in Carta, eliminating email follow-ups. ✅ **Streamlined investor management** – View and take quick actions based on the stage of your prospective investors. You can additionally filter by status, view KYC results, and archive any prospective LPs who aren’t moving forward. ## How does it work? ### 1️⃣ Flexible Investor Signing Options LPs can now choose how they want to complete subscription documents: - Complete and sign online - Download to complete manually, sign, and re-upload - Delegate to someone else ### 2️⃣ Track Your Fundraising Goal GPs can now set a fundraising target in Carta and track progress across every stage of their fundraise. ### 3️⃣ Upload Countersigned Subdocs Directly For LPs who prefer to complete documents offline from the start, GPs can now upload fully executed subdocs directly into Carta. ### 4️⃣ Manage Your Investor Pipeline Easily organize your investor pipeline through status filters, gain real-time visibility into each investor's KYC process, and archive LPs who aren’t moving forward. Archived investors are still accessible via a “Show archived” filter for future reference. ## How do I learn more? To learn more about Closings for your current or future fundraise, check out [this support article](https://support.carta.com/kb/guide/en/how-to-manage-fund-subscriptions-with-carta-closings-WXcdtv3wJS/Steps/3724590) or reach out to your Account Manager for a demo. John Hoffman a year ago1/29/2025 [**\[Beta\] Audit Investment Confirmations on Carta**](https://releasenotes.carta.com/beta-audit-investment-confirmations-on-carta-uUmeA) This month, we released a new tool to our pilot audit partners, designed to help funds and their portfolio companies complete investment confirmations during their audits. Our new tool allows auditors to manage the process directly on Carta, GPs to monitor and approve confirmations sent to portfolio companies, and portfolio companies to easily respond to confirmation requests without the burden of downloading and filling out PDFs. ### **For Auditors** Once Auditors get added as an auditor to the fund's Carta count they will be able to create, schedule and download investment confirmations. ### **For Funds** GPs and Fund CFOs are able to view auditor's selected portfolio companies, review the contact information, approve the confirmations being sent the portfolio companies. ### **For Companies** For companies, its never been easier to respond and complete investment confirmations. They will receive an email from the auditor and fund, and then be prompted to go to Carta to complete and sign the form in just a couple clicks. If you are a GP or Fund CFO, talk to your auditor about using this new tool to help streamline your audit! Auditors interest in joining the pilot can submit an request at: [https://carta.com/waitlist/audit-confirm/](/content/waitlist/audit-confirm/index.html) Jordan Agnew a year ago1/21/2025 [**Schedule the Release of Your Fund Financials to Investors**](https://releasenotes.carta.com/schedule-the-release-of-your-fund-financials-to-investors-1zT8PK) At Carta, we are on a mission to have your quarterly and annual fund financials delivered faster each period. We understand that our customers may want these financials sent to their investors at the same time as an event, such as sharing multiple funds on the same date or sharing with an investor update. To help you do this, we've released functionality that lets you schedule the release of your financials to a future date. To schedule their release, select the Approve and Schedule options once financials have been thoroughly reviewed. You'll be prompted to answer a few questions about how you would like the report shared, who you would like to share it with, and on what date. Once scheduled, you will see the approval task completed and see when the scheduled release is set for. When the day of your scheduled release arrives, we'll share the documents with the selected investor using the information submitted. EJ Jacoby a year ago11/20/2024 [**Corporate Transparency Act (CTA) Beneficial Ownership Information Report (BOIR) for Fund Managers**](https://releasenotes.carta.com/corporate-transparency-act-cta-beneficial-ownership-information-report-boir-for-fund-managers-1gumUE) ## What’s new? Fund Managers can now use Carta to complete their CTA BOIR submissions to FinCEN with our CTA reporting tool. ## What’s important about this change? The Corporate Transparency Act (CTA) requires certain business entities to submit a beneficial ownership information report (BOIR) to FinCEN. We’ve made it easy to submit this report with our CTA reporting tool. Our tool uses information already on Carta to pre-populate required beneficial ownership information, saving fund managers time when filing. Plus, fund managers can rely on our reporting tool to understand the reporting deadline for each of their entities. ## How does it work? Fund Managers can go to the CTA Reporting tab within the Tools & Services navigation menu to access Carta’s CTA feature. Upon navigating to CTA Reporting, the Fund Manager can select the entity they are filing a BOIR for. If the reporting entity is not exempt, they should proceed with filling out the three sections of the form: Company Information, Beneficial Owners, and Company Applicants. The Company Information is prefilled for the entity including the legal entity name, US business address, and tax identification number. Review and confirm that all prefilled information is current and accurate. Each Beneficial Owner’s name and address  will be prefilled, if the information is available, for any partner within the entity account who is an individual that has subscribed for 25% or more of the entity’s total commitments. Review details and Beneficial Owner status for all prefilled information to confirm it is current and accurate, or make any corrections needed. Control persons and indirect owners of 25% or more are not prefilled, so you will also need to add any control persons or individuals who indirectly own 25% or more as additional Beneficial Owners. The Company Applicants section is only required for entities incorporated or formed on or after January 1, 2024. Reporting entities that fall into this category will need to provide the company applicant information. Last, review the information and submit to FinCEN. You’ll get a confirmation screen to let you know the report has been filed. Carta does not determine the exemption status of the reporting entity. Confirm with your legal team on your entity’s exemption status. For more information on FinCEN exemptions, refer to the [FinCEN BOIR frequently asked questions](https://www.fincen.gov/boi-faqs#C_2). ## How do I learn more? For more information on the new CTA Reporting feature, reach out to your Account Director. For additional information on the new FinCEN CTA requirement, read our blog post on [How Corporate Transparency Act impacts private funds](/content/learn/private-funds/regulations/corporate-transparency-act/index.html). Samantha Widman a year ago10/25/2024 [**New Partners Dashboard**](https://releasenotes.carta.com/new-partners-dashboard-1hAQ5G) ## **What’s new?** We’ve launched a new Partners Dashboard that gives Fund Administration customers firm-level visibility into their LP relationships. You can now group your LP investments, assign them custom tags, and see consolidated performance metrics (TVPI, IRR, DPI, etc…) and investment data (commitment amount, capital activity details, NAV, etc…) across all your LPs in your firm. ## **How does it work?** **Access the New Partners Dashboard:** The dashboard is a brand new page that can be  accessed via the Partners tab on your left-hand navigation bar in Carta. Click [here](https://app.arcade.software/share/sIxpFIxHzeCImWSmGElq) for a walkthrough. . **LP Grouping:** Organize your LP investments into custom groups to mirror how your firm views LP relationships. Learn how to use groupings [here](https://app.arcade.software/share/VPouoMeroOTIP7jzCe6B). **Tagging:** Customize your view by creating custom tags for LPs such as LP type, geography, or any custom tag your team uses to categorize LPs. You’ll also be able to filter based on tags and see consolidated LP metrics across your tags. Learn how to use tagging [here](https://app.arcade.software/share/MtBM1NA3yI7U60ZuTeJG). **Custom Views:** Apply filters based on tags or entities, add/remove columns of data, and save your custom view(s) so you can quickly access specific filtered dashboards of data you care about. You can also export these filtered views to excel. **Partner Detail Pages:** Click into each LP group to see the details of each LP investment within that group. On this page we show various levels of aggregated metrics as well: by the entire LP group, by each of the LPs legal entities, and by entity they’ve invested in for scenarios where they’ve invested in one of your entities through multiple legal entities. ## **How do I learn more?** Here’s a [support article](https://support.carta.com/s/article/lp-dashboard) and some recorded walkthroughs for an [overview of the Partners Dashboard](https://app.arcade.software/share/sIxpFIxHzeCImWSmGElq), instructions on how [LP Grouping](https://app.arcade.software/share/VPouoMeroOTIP7jzCe6B) works, and how to set up [LP Tagging](https://app.arcade.software/share/MtBM1NA3yI7U60ZuTeJG). If you have any questions or feedback, reach out to your dedicated Account Director to schedule a call. Spencer Holton a year ago10/4/2024 [**Investor cap table access experience**](https://releasenotes.carta.com/investor-cap-table-access-experience-1xsJ56) Cap table access is essential for understanding your investment portfolio, but companies often wait for a request before granting it. Our goal is to equip investors and portfolio companies with the tools to request and grant access securely. With our latest release, investment firms now have robust tools to manage cap table requests, ask for the specific data levels they need, and follow up with companies to secure access. **What’s new?** We’re making it easier for investment firms to request and manage cap table access from their portfolio companies. : - See how many portfolio companies are on Carta, your access status, and any open requests. Sort and filter by access level, company name, date, holdings, and status. - Send bulk or individual requests and reminders for cap table access in two clicks. - Export reports with access levels, request details, company status, and contact info for investor questions. **Who is this available for?** All users with “admin” permission in your investment firm. **How do I use it?** To access the page, navigate to your investment firm account, click on "Tools and services" in your sidebar, and select "Cap table access." You may also receive a prompt from the Investments Overview page to request access. **Anything else I need to know?** If you are not sure what levels you will need access to, Advanced is the most common level we see granted for investors. Portfolio companies can always choose to respond with Basic access, if they do not want to grant advanced. If there are additional enhancements you would like to see here, you can provide feedback via [Carta Community](https://community.carta.com/participate/productideas). Will WD a year ago8/22/2024 [**Require Dual Approvers on Payments**](https://releasenotes.carta.com/require-dual-approvers-on-payments-2nDlny) **What's new?** Fund managers can now require two approvers to authorize payments before processing. **What’s important about this change?** This feature provides enhanced controls over releasing payments, ensuring that VC and PE firms can adhere to their audit procedures while maintaining control over their financial operations. **How does it work?** Select _Firm Settings_ in the left hand navigation, then click _Settings_. Within the _Settings_ tab, click _People_, then scroll to the bottom to the new _Payment approval_ section. Here you can set how many approvers are required (up to two) and the threshold amount. Only users with Admin permissions can update this section. If you need to update who the approvers are, scroll to the _People_ section at the top of the page. You’ll also have the ability to track the progress of active payments and view the history of completed payments, including who approved them and when they were approved in your _Activity_ tab. **How do I learn more?** This feature is only available for fund managers using Carta’s [automated money movement](/content/blog/introducing-automated-money-movement/index.html), the most hassle free way to process payments. To learn more about this feature and automated money movement, reach out to your AD. Aneetha Sampath a year ago7/31/2024 [**Refer portfolio companies for QSBS Attestations from Carta**](https://releasenotes.carta.com/refer-portfolio-companies-for-qsbs-attestations-from-carta-2WNGak) Investors can now refer their portfolio companies to get QSBS Attestations from Carta. The feature allows investors to do this for individual companies or multiple companies that are likely QSBS eligible. Once you refer your portfolio company, they will receive a notification on Carta encouraging them to get a QSBS Attestation. After a company receives the QSBS Attestation, you will receive an email and copy of a QSBS Attestation letter addressed to your firm highlighting which securities held are QSBS eligible. **What do I need to do?** This feature is available to users who are admins for an investment firm on Carta. Navigate to the 'Investments' page of your firm where you can refer in bulk or individual companies for QSBS reviews from Carta.  If you have any questions reach out to your assigned Carta account team or qsbs@carta.com to learn more! Jordan Agnew 2 years ago7/9/2024 [**QSBS eligible investments highlighted in the the SOI**](https://releasenotes.carta.com/qsbs-eligible-investments-highlighted-in-the-the-soi-2J90vS) Fund Admin customers with portfolio companies using Carta's QSBS Attestation product will now see a QSBS tag on the SOI for investments that have been attested to as QSBS eligible by Carta Tax and Valuations team. The tag indicates that your fund holds shares that are QSBS eligible (pending the holding period requirement). To see more details about your QSBS eligible shares you can click on the investment and navigate to the Holdings page and select 'QSBS eligible shares'. Here you can view more information including: number of eligible shares, securities that are eligible, and download a PDF of the personalized QSBS Attestation letter. **What do I need to do?** This page is available to customers using Carta for Fund Administration. You can navigate to your Fund's SOI on Carta by selecting "choose entity" on your firm's account, selecting the fund you wish to view, and selecting "Investments" in the navigation menus. If you have any questions reach out to your assigned Carta account team or qsbs@carta.com to learn more! Jordan Agnew 2 years ago7/9/2024 [**Request access to QSBS Attestation from your portfolio companies**](https://releasenotes.carta.com/request-access-to-qsbs-attestation-from-your-portfolio-companies-2Myc4E) Investors can now request access to their QSBS Attestation letter from portfolio companies using the QSBS product. This feature allows you see which of your portfolio companies has received a QSBS Attestation by Carta, and allow you to request access to your QSBS Attestation letter for your eligible securities. **What do I need to do?** This feature is available to users who are admins for an investment firm on Carta. To find your QSBS eligible investments, visit your 'Investments' page and filter to the QSBS eligible investments. If you have any questions reach out to your assigned Carta account team or qsbs@carta.com to learn more! Jordan Agnew 2 years ago6/13/2024 [**Management Fee Improvements**](https://releasenotes.carta.com/management-fee-improvements-1ixprq) **What’s new?** We’ve improved our management fees to ensure you receive accurate offset calculations and experience a smooth approval process, every quarter. **What’s important about this change?** When approving management fees, you can now remain confident offsets are accurately accounted for with improvements to our offsets calculator. This means offsets will be properly allocated to partners in accordance with your LPA. Plus, spend less time reviewing management fees and approve now, but transfer later with our new scheduling feature. **How does it work?** You’ll receive an email and notification through your Activity tab that your fees are ready for review, this time 10 days prior to the new quarter. You’ll then review your management fee calculations. Not only did we simplify the view of your total fees due, but we’ve made it easier for you to understand previously allocated fees, fee savings, and reductions due to offsets or waivers. After you approve your fees, you now have the ability to customize the transfer amount, in this case I selected the full amount, and date the fees are transferred with our new scheduling feature. Because we’re sending you your fees  for review 10 days prior to the new quarter, you can review and approve then, but select to transfer on July 1. Next, select the pay from and pay to accounts, and approve the transfer. If taking advantage of automated money movement to transfer your fee, check the box to authorize the money movement. **How do I learn more or get help?** To learn more about Carta’s management fees feature, reach out to your Account Director or if you’re new to Carta, schedule a demo today. Kathleen Meil 2 years ago6/13/2024 [**Faster, more accurate capital calls**](https://releasenotes.carta.com/faster-more-accurate-capital-calls-BonFC) **What’s new?** We’ve redesigned our capital call experience to introduce self-serve capabilities, like direct edits and self-release, allowing you to get your time sensitive capital calls out even faster. But we didn’t just build for speed, we know the importance of an error-free capital call for both you and your investors, so we’ve introduced automatic health checks and pulled in critical details from your LPA to ensure accuracy in every detail. **What’s important about this change?** Gone are the days of waiting on your fund admin to review an urgent capital call, and the chance of human error. Now, you can remain confident you’re sending out an accurate capital call to investors, no matter the timeline. **How does it work?** Navigate to your Activity tab, select Call Capital, then select the type of capital call. We’ve introduced two additional options, “bring investors in line”, which means you want all of your investors to be at an equal percent of their commitments, and a “custom” option, if none of the options listed work for you. If calling capital Pro rata, select the investors to call, enter your amount, and the purpose of the capital call. Your called capital calculations will be updated in real-time in the summary module as you modify the page. Next, we’ve integrated terms from your LPA into the capital call experience to ensure accuracy in every capital call. If you have cashless offsets outlined in your LPA, it will automatically appear here and be applied to your final amount on the review page. On the final screen, you’ll review all capital call details. You’ll notice information has now been pre-filled for you. We know the due date of your capital call based on your LPA. So instead of you filling this out with the chance of human error, we fill this in for you, alongside preferences from past capital calls. You can edit the details directly here and review the notices for each investor. As a last update to ensure your time sensitive capital calls get out as quickly as possible, we now give you the ability to send this capital call without waiting for your fund admin to review. If everything looks correct, you can send to investors now, schedule for later, or still send to our team for a custom request or second review. If any of our automatic health checks are failing, we’ll require a fund admin review before you’re able to release. **How do I learn more or get help?** To learn more about Carta’s capital calls, reach out to your Account Director or if you’re new to Carta, schedule a demo today. 2 years ago6/13/2024 [**Step-by-step fund formations**](https://releasenotes.carta.com/step-by-step-fund-formations-AfZ9m) **What’s new?** We’ve enhanced our fund formations so fund managers can now access a self-serve, guided experience, all in the same platform they manage their funds. **What’s important about this change?** Whether you’re an emerging manager forming a fund for the first time, or an established GP looking to scale your firm, Carta makes the fund formation process quick and easy with an in-app, step-by-step experience. You’ll be able to understand exactly what step in the formation process you’re on, what information you need to provide, and how many steps to go. **How does it work?** You’ll be guided through the formation process step-by-step, starting with the basics like adding members to your fund and providing details like the name of your entities. After you enter your fund details, we’ll form your entities with Delaware and obtain your EIN, removing days of manual work by automating this process. Next, you’ll move on to more complex items like fund financials and ownership stakes. You’ll get to define fund terms for legal agreements like closings and waterfalls, and set your management fees. If you’re new to venture, we’ll provide you guidance and best practices along the way. The last step in structuring your fund is signing final documents like your LPA and Operating Agreement. All of the information you entered in the steps prior to this is what populates these documents here. You can easily track who’s been invited to sign these documents and their progress. Once all steps are complete and documents are signed, you can then get ready to invite investors to close into your fund. Carta’s data room and closings tool makes the closings experience smoother for both you and your investors. **How do I learn more or get help?** To learn more about Carta’s Fund Formation, reach out to your Account Director or if you’re new to Carta, schedule a demo today. Jake Hadary 2 years ago6/13/2024 [**Track capital calls, now from your phone**](https://releasenotes.carta.com/track-capital-calls-now-from-your-phone-wQNAA) **What's new?** Fund managers can now track the status of active capital calls, directly from their Carta Carry app. **What’s important about this change?** Gone are the days of following up with your fund admin to see the status of a capital call or confirm which investors are yet to pay. Now, you can easily track the status of active capital calls, including a view into the progress of your investors commitments, all from your phone. **How does it work?** After your capital call request has been submitted, you’ll be able to view the progress from both your home screen and your new Capital Calls tab. You can see an overview of the amount pending, pending investors, and due date. For a more detailed view, you can click into the individual capital call  to view investor details. Easily filter investors by which have paid, which have partially paid, and which haven’t paid. You can also view which investors have not yet viewed the capital call notice, so you know who to follow up with. **Don’t have Carta Carry?** Download it on [iOS](https://apps.apple.com/us/app/carta-vc/id1664284852?uo=2) or [Android](https://play.google.com/store/apps/details?id=com.carta.gp.concierge&hl=en_CA&gl=US) today. Eric Morelli 2 years ago6/13/2024 [**View your entire portfolio, now from your phone**](https://releasenotes.carta.com/view-your-entire-portfolio-now-from-your-phone-vIp4k) **What's new?** Fund managers can now view investment performance for each of their portfolio companies, wherever they are. **What’s important about this change?** Whether you’re at your desk or on-the-go, you can quickly view a snapshot of your investments, or click into an individual investment for a more detailed view. **How does it work?** Click into the Investments tab, then view an overview of investments across your portfolio with metrics like cost, gain / loss, and what your ownership percentage is. For a more detailed view, click into an individual  investment to see additional metrics like holdings value, gross IRR, and gross multiple. **Don’t have Carta Carry?** Eric Morelli 2 years ago11/7/2023 [**Variable Commitments for Funds**](https://releasenotes.carta.com/variable-commitments-for-funds-4CGRHO) **What's new?** GPs can now set a capital commitment range for LPs when closing into their fund. **What’s important about this change?** Providing a commitment range gives LPs the flexibility to adjust their investment amount during the closing process. And it gives you the ability to provide a custom closings experience for each investor, from individual to institutional. **How does it work?** Set a commitment range in Carta Closings, before inviting your LPs to close. You can set one range for all LPs closing into your fund or custom ranges for each individual LP. LPs will be asked to enter a final commitment amount from the range given before they begin the closings process. This will give your LPs the opportunity to decide how much they want to commit when closing into your fund. Once the LP enters this amount, you will receive a notification with the final committed capital amount. **How do I learn more?** Reach out to your Account Director to learn more about Carta Closings today. Jake Hadary 2 years ago11/7/2023 [**Expenses on Carta - Reimbursements**](https://releasenotes.carta.com/expenses-on-carta---reimbursements-4brndC) **What's new?** Submit reimbursements directly on Carta. Now, you can skip the back-and-forth over email and upload all the required information to set up a wire in two simple steps. **What’s valuable about this change?** Vendor payments and reimbursements are supported on Carta. From the moment you initiate a reimbursement to when your wire is set up, you can track its progress from anywhere, at any time. Plus, you can maintain your operational cadence and submit invoices to Carta in bulk. **What do I need to do?** 1. Log into your Carta account and click Initiate a payment in your Quick Actions list 2. Select Reimbursements and Start 3. Upload the invoice and indicate which bank account to make the payment from 4. Submit the expense and get an instant progress tracker for your wires **How do I learn more or get help?** Get in touch with your Account Manager or [talk to one of our representatives](/content/requestdemo/?ir=inv-overview-hero1/index.html) today. 2 years ago10/31/2023 [**Submit reimbursements with a snap of a picture**](https://releasenotes.carta.com/submit-reimbursements-with-a-snap-of-a-picture-7n1Cg) **What's new?** Fund managers can now submit reimbursements on Carta Carry. **What’s important about this change?** Gone are the days of holding on to crumpled receipts or combing through credit card statements at quarter’s end to submit for reimbursement. Now, we’ve streamlined expense management right from your phone. Easily submit a reimbursement in real-time by snapping a picture of the receipt and uploading it in one place. **How does it work?** Tap _Submit Reimbursement_, then select _Add Receipt_. You can select to take a picture, choose a photo from your photo library, or upload a file. Then select the paying entity and where the reimbursement should go. Add any additional information your fund administrator should know when processing this expense, then tap _Submit Request_. **Don’t have Carta Carry?** Eric Morelli 2 years ago10/12/2023 [**Variable Commitments for SPVs**](https://releasenotes.carta.com/variable-commitments-for-spvs-1wLhhS) **What's new?** GPs can now set a capital commitment range for their LPs. **What’s important about this change?** Providing a commitment range gives LPs the flexibility to adjust their investment amount during the closing process. **How does it work?** Set a commitment range during your SPV setup process, before inviting your LPs to close. This will give your LPs the opportunity to decide how much they want to commit when closing into your SPV. Once the LP closes, you will receive a notification with the final committed capital amount. 2 years ago10/11/2023 [**LP Primary Contact Update**](https://releasenotes.carta.com/lp-primary-contact-update-2uVXOw) **What's new?** GPs can now update the primary contact information for an LP. **What’s important about this change?** Previously, if you wanted to update an LPs primary contact, you would have to work with Carta to make this change. Now, you can update primary contacts, whenever you need to. Plus, you can keep track of all changes made in your [LP contact audit log](https://releasenotes.carta.com/lp-contact-audits-2lKKzK). **How does it work?** Select the entity, then navigate to the _Partners_ tab. Find the primary contact you would like to update, then click on the pencil symbol. First, select whether the current primary contact should be deleted or downgraded to a secondary contact. You can either upgrade an existing secondary contact or add a new contact. If you do not have an existing secondary contact for this LP, you will only see the option to add a new primary contact. Note: If you only have to update your primary contact’s email address, you will still need to first delete them as primary contact, then re-add them with their new email address. If this contact is associated with multiple investments, you can apply this contact change across all of their commitments. Click _Confirm change_. Your new primary contact will now receive an email inviting them to Carta. To view an audit of all changes made to your primary contact’s information, find the contact you would like to audit, then click on the last updated date. Soon your LPs will have visibility into who the primary contact is for their commitments and be able to update this information, whenever they need to. **How do I learn more or get help?** To learn more about primary contacts and how to update your primary contact information, check out [this support article](https://support.carta.com/s/article/limited-partner-contact-update) or reach out to your Account Director for a demo. Spencer Holton 2 years ago10/10/2023 [**Approve management fees—no matter where you are**](https://releasenotes.carta.com/approve-management-fees--no-matter-where-you-are-yA2Fa) **What's new?** Fund managers can now review and approve management fees on Carta Carry. **What’s important about this change?** Now, whether you're at your desk or on the go, you can conveniently and proactively approve your management fees directly on Carta. **How does it work?** You’ll receive a push notification when your management fees are ready for review. Tap into the task to review the management fee calculations. If you want to make changes to your management fees, tap _Request changes_, enter the request, and our fund admin team will make the update. To approve, click _Approve fees_. You can then select to transfer the entirety of the management fee, a specific amount, or schedule the management fee to transfer at a later date. **Don't have the app?** Eric Morelli 2 years ago9/15/2023 [**Financial Reporting Progress Tracker**](https://releasenotes.carta.com/financial-reporting-progress-tracker-2pcXFS) **What's new?** GPs on Carta now have full visibility into the progress of their quarterly financial reports – 15 days before quarter-end. **What’s valuable about this change?** Previously, the process to complete your financials was opaque. A series of emails and phone calls were required to project manage your reporting. Now, conveniently located in your Activity tab, you can see a complete checklist of the tasks required to prepare your financial statements. Starting today, you can take action and share information with us directly in Carta. We’ll mark those tasks as complete in real-time. Plus you get a look into everything the fund admin team is working on. **What’s next?** On October 2, you'll receive an email with your draft Q3 financial report(s). If your open tasks are resolved between now and then, your financials will be ready to review, approve, and send to your LPs just one business day after the quarter ends. **What do I need to do?** 1. Check your inbox for a “Get started on Q3 2023 financials” email from Carta 2. Log into your account to view your Financial Reporting Progress experience 3. Toggle between your entities using the dropdown on the top right Didn’t receive an email or are some of your entities missing from the Financial Report Progress Tracker? [Learn more about why](https://support.carta.com/s/article/financial-package-progress-entities). **How do I learn more or get help?** Get in touch with your Account Director or [talk to one of our representatives](/content/requestdemo/?ir=inv-overview-hero1/index.html) today. Melissa VanDerHeyden 2 years ago8/23/2023 [**Expected completion dates**](https://releasenotes.carta.com/expected-completion-dates-23BfoI) **What's new?** Fund managers can now see an expected completion date for all tasks in their _Activity tab_. **What’s important about this change?** You can now see when your fund admin team is expected to complete a task, bringing greater transparency to your back office. Plus, you’ll see when you need to complete your portion of the task to meet the expected completion date. **How does it work?** On your _Activity tab_, click into any task to view the expected by date. View the _Action Needed By_ date to see when you need to complete your portion of the task to meet the expected by date. **How do I learn more?** To learn more about expected completion dates, reach out to your Relationship Manager today. Melissa VanDerHeyden 2 years ago8/14/2023 [**LP Contact Audit Log**](https://releasenotes.carta.com/lp-contact-audit-log-2lKKzK) **What's new?** Fund managers can now view an audit of all changes made to LP contacts. **What’s important about this change?** You now have full visibility into any changes made to your LPs contact information, including: - Who added each contact - When they were added - Any permission changes - Who changed the permissions Plus, you can now easily see if a contact is associated with additional LPs in your firm or switch between fund commitments to view a contact audit across investments. **How does it work?** Select the entity, navigate to the _Partners_ tab, then select _Contacts_. Find the contact you would like to audit, then click on the last updated date. You can now view who added the contact, when they were added, and more. Click the carrot drop down to view contact permissions. Click the carrot drow down next to _Show contact audit in fund commitment_ to view a contact audit across investments. To view recent changes made to contacts, sort your contact list by clicking the _Last updated_ column header. **How do I learn more or get help?** To learn more about LP Contact Audits, check out this [support article](https://support.carta.com/s/article/limited-partner-contact-audit) or reach out to your Relationship Manager for a demo. Spencer Holton 2 years ago8/11/2023 [**Expenses on Carta**](https://releasenotes.carta.com/expenses-on-carta-3HLK1O) **What's new?** Submit invoices directly on Carta. Now, you can skip the back-and-forth over email and upload all the required information to set up a wire in two simple steps. **What’s valuable about this change?** From the moment you initiate a vendor payment to when your wire is set up, you can track its progress from anywhere, at any time. Plus, you can maintain your operational cadence and submit invoices to Carta in bulk. **What do I need to do?** 1. Log into your Carta account and click Initiate a vendor payment in your Quick Actions list 2. Upload the invoice and indicate which bank account to make the payment from 3. Submit the expense and get an instant progress tracker for your wires **How do I learn more or get help?** Get in touch with your Relationship Manager or [talk to one of our representatives](/content/requestdemo/?ir=inv-overview-hero1/index.html) today. Kathleen Meil 2 years ago7/25/2023 [**One-click capital call reminders**](https://releasenotes.carta.com/one-click-capital-call-reminders-29eKyI) **What's new?** Send reminders for pending capital calls in one click. **What’s valuable about this change?** Ditch following up with LPs over email. Instead, you can quickly identify which investors haven’t completed their capital call and send them a reminder directly on Carta. **What do I need to do?** 1. Log into your Carta account and select the relevant fund 2. In your Capital activity tab, click on Capital Calls, and toggle to Pending Investors 3. Use the “Notify investor” button to initiate reminder emails for either all pending capital calls or specific due dates Note: Pending Investor tags may be delayed by up to 48 hours. **How do I learn more or get help?** Get in touch with your Account Manager or [talk to one of our representatives](/content/requestdemo/?ir=inv-overview-hero1/index.html) today. 2 years ago7/25/2023 [**New capital call and distribution experience**](https://releasenotes.carta.com/new-capital-call-and-distribution-experience-1R4qeA) **What's new?** Send capital calls and distribution notices to your investors in a few clicks. **What’s valuable about this change?** You can now approve a capital call or distribution and send notices to LPs immediately or schedule them for a later date. **What do I need to do?** 1. Log into your Carta account 2. Select a task to review a capital call or distribution in your Activity tab 3. Review the amounts table 4. Approve the capital call and send notices to your investors immediately or schedule them **How do I learn more or get help?** Get in touch with your Account Manager or [talk to one of our representatives](/content/requestdemo/?ir=inv-overview-hero1/index.html) today. 2 years ago7/25/2023 [**Capital call rounding preferences**](https://releasenotes.carta.com/capital-call-rounding-preferences-1Tldh6) **What's new?** Call capital more precisely on Carta. **What’s valuable about this change?** Now, you can call capital by dollars or percentage of total commitments, up to the hundredth decimal place. **What do I need to do?** 1. Log into your Carta account and navigate to the Activity tab 2. Click Request capital call and follow the prompts 3. Specify your rounding preference and whether you want to call capital by dollars or by the percentage of total commitments **How do I learn more or get help?** Visit this [article](https://carta.my.site.com/support/s/article/capital-activity#:~:text=Requesting%20distributions-,Requesting%20a%20capital%20call,capital%20call%20and%20click%20Continue.) for a more detailed look at the capital call request tool.