Carta Deal Closings makes fundraising more efficient with workflow automation and real-time transparency

Author: The Carta Team
Published date: 30 September 2024
Read time: 2 minutes

With Carta Deal Closings, eligible Carta cap table customers now have access to a workflow tool that automates most of the administrative tasks required to close a financing round. Whether you're a founder or a law firm, Deal Closings is designed to make the process faster, more transparent, and cost-effective.

Introducing Deal Closings

That’s why we launched Deal Closings. Now, Carta cap table customers have access to a workflow tool and central hub that automates most of the administrative tasks required to close a financing round. Deal Closings allows founders to work collaboratively with their law firm so they can focus more on deal strategy and securing funds instead of manually tracking a piecemeal closing process.

Benefits for founders

• Transparent tracking: Get real-time visibility into the status of your financing round—from collecting signatures to receiving funds—without relying on manual follow-ups or constant check-ins. Having direct access to your round status is essential when millions of dollars are at stake.

• Streamlined workflow: Manage your round efficiently with Carta’s automatic cap table updates and bulk signature management. By handling post-close certificates and signature packets with just a few clicks, you gain more control over the process and reduce potential delays, keeping costs in check.

• Immediate actionability: Knowing the status of your round in real time enables you to take immediate action when necessary. With seamless pro forma integration, you can speed up the process and close on time or even ahead of schedule, which can be crucial for securing funding quickly.

Benefits for lawyers

• Efficient document management: Stop using emails and spreadsheets to chase after signatures and keep track of documents. Manage everything directly in one platform.

• Improved accuracy: Reduce the risk of errors by importing the pro-forma schedule of purchasers directly. This minimizes manual entry and ensures that all details are accurate and up to date, helping you maintain the highest level of service quality.

• Stay competitive: By streamlining the administrative aspects of closing a deal, you can deliver better service in less time, making it more cost-effective for your firm and founders. This can help your firm stay competitive and take on more clients.

Carta is the only equity platform that can provide a comprehensive, end-to-end closing workflow for priced rounds. Deal Closings connects founders, investors, and law firms so they can close a priced round more efficiently and transparently. Deal Closings is available on all Carta plans.

Getting ready to raise?
Learn how Carta can help you and your law firm efficiently and transparently raise, track, and close your next priced round fundraising.

Disclosure

This communication is on behalf of eShares Inc., dba Carta, Inc. (“Carta”). This communication is not to be construed as legal, financial, accounting, or tax advice and is for informational purposes only. This communication is not intended as a recommendation, offer or solicitation for the purchase or sale of any security. Features and pricing subject to change. Carta does not assume any liability for reliance on the information provided herein.