# carta.com

> AI-optimized mirror of carta.com containing 9977 pages totalling 8,503,548 words of clean markdown content, structured data, and semantic HTML. Original source: https://carta.com. Last updated: 2026-07-21T12:06:24.536Z.

Each page is available as HTML (with JSON-LD structured data) and Markdown (text-only, ideal for LLMs and RAG).

## Homepage

- [Carta Fund Forecasting](/content/fund-forecasting-app/index.html): Carta Fund Forecasting is an easy-to-use portfolio construction, forecasting and management software for venture funds. (620 words)
- [Carta Release Notes - Product Updates](/content/releasenotes/index.html): ,  (14,818 words)
- [Carta System Status Status](/content/status/index.html): Welcome to Carta System Status's home for real-time and historical data on system performance. (518 words)
- [SAFE and Convertible Note Calculator - Carta](/content/safes/index.html): Plan for SAFE and convertible note financings by modeling the impact of their conversion in a future priced round (31 words)
- [Carta Trust Center | Powered by Conveyor](/content/trust/index.html): See how Carta manages their security and compliance program with Conveyor. Access and download any security certification and get instant answers to your questions (297 words)
- [Carta | The End-to-End Suite Connecting Private Capital](/content/site-root.html): Carta’s ERP for private capital combines software and services to deliver connected clarity and control across equity, fund, and  portfolio management. (222 words)

## Articles & Blog Posts

- [CS01: Filing a Confirmation Statement with Companies House](/content/uk/en/learn/startups/uk-company-registers-filings/cs01/index-2.html): UK companies must file a confirmation statement (CS01) with Companies House every year. Learn how to complete and file a CS01 form, and how Carta simplifies the process. (1,151 words)
- [Private credit pressures and policy implications](/content/sg/en/policy/policy-weekly-02-24-26/index-2.html): Blue Owl’s redemption halt signals liquidity risks in retail private credit, while the SEC previews "Project Crypto" safe harbors. Plus, NIST sets AI standards, SCOTUS blocks global tariffs, and the FTC defends expanded HSR merger filings. (2,105 words)
- [Why contractors deserve equity | Carta](/content/sg/en/policy/contractors-deserve-equity/index-2.html): As gig workers take on more and more of our economy’s essential services, from grocery and food delivery to transportation, it’s vital that we make it possible to extend equity to contractors. (897 words)
- [SAFEs, now automated on Carta | Carta](/content/product-updates/safes-now-automated-on-carta/index-2.html): So we asked, what if we could help founders create and issue a SAFE in 30 seconds? No room for mistakes, no Word docs, no manual entries to their cap table, no sending wire instructions, no extra email volume. And what if we could put founders in control of future dilution before they issue their very first SAFE? (924 words)
- [Take the first step to faster K-1s](/content/product-updates/gp-tax-questionnaire/index-2.html): Collect key information before tax season officially begins with a quick survey that asks for details about your entities, investments, and firm.
,  (480 words)
- [The Rise of ESOPs in the UAE: A Shift from Cash to Equity](/content/blog/rise-of-esops-uae/index-2.html): Learn how market trends and legislative changes are transforming employee compensation in the United Arab Emirates, encouraging startups to swap cash incentives for equity-based rewards. (684 words)
- [Partner Referrals | Carta](/content/partners/referral/index-2.html): Manage your cap table, issue securities, get fundraising & compensation data, raise via SAFEs, get 409A valuations & stay compliant with Carta. (158 words)
- [Custom reporting for complex fund requirements](/content/product-updates/custom-reporting-engine/index-2.html): Carta leverages global standards like IFRS and bespoke financial statements that match your fund’s specific and unique reporting requirements. (448 words)
- [Introducing International Compensation Data | Carta](/content/sg/en/product-updates/international-compensation-data-release/index-2.html): Hiring globally just got easier. Carta adds international salary and equity compensation data to its platform, exclusively available to customers using Carta Total Compensation. (727 words)
- [Prioritize investor communication easily](/content/product-updates/ilpa-reporting/index-2.html): Automatically generate and distribute ILPA capital call notices for a more streamlined process—no more multiple, manual tools.  (132 words)
- [Single Sign On Announcement | Carta](/content/sg/en/lp/sso/index-2.html) (165 words)
- [Automated Custom Capital Call Notices with Dynamic Templates](/content/sg/en/product-updates/custom-capital-call-notices/index-2.html): Match your firm's unique branding while ensuring total data accuracy with our new automated custom notice templates. (227 words)
- [Allow multiple users to collaborate on LP closings](/content/sg/en/product-updates/multi-user-lps-collaborative-closings/index-2.html): Make closing more efficient for sophisticated LPs with multi-party collaboration that doesn’t sacrifice visibility or control. (250 words)
- [A guide to private credit financing for private companies](/content/uk/en/learn/startups/fundraising/debt-financing/private-credit/index-2.html): Learn all about the different types of private credit financing, and how it differs from other forms of debt financing for companies. (2,640 words)
- [Headcount Planning Beyond the Budget: A Founder's Guide](/content/uk/en/learn/startups/compensation/headcount-planning/index-2.html): This article explains how to create a strategic headcount plan that guides your hiring, manages the impact of equity on your ownership, and builds confidence with investors. (2,558 words)
- [Building for private capital: Product principles that power Carta](/content/sg/en/blog/carta-product-principles/index-2.html): Our product principles keep us bold, focused, and solving real-world problems. Here's what guides us and how we craft software for the unique world of private capital.
 (1,948 words)
- [How to Fix Broken Legislation in the 409A Process | Carta](/content/blog/fixing-409a/index-2.html): 409a valuations are a dinosaur industry - they cost a lot of money for little benefit. Carta is working to improve the process for private companies at large. (1,622 words)
- [Limited Liability Company (LLC): Types of LLCs & Benefits](/content/uk/en/learn/startups/private-companies/llc/index-2.html): If you’re considering structuring your business as an LLC, keep reading to learn more about the types of LLCs, pros and cons, equity options, and how they work. (1,596 words)
- [Carta Launch: Free Cap Table Software for Founders](/content/uk/en/equity-management/launch/index-2.html): Issue equity and SAFEs, track ownership, and manage your cap table with Carta's free cap table software for startup founders. Learn more about Carta Launch. (406 words)
- [Pitch Deck Guide: Examples & Resources for Startups](/content/uk/en/learn/startups/fundraising/pitch-deck/index-2.html): Prepare for your next fundraise with this guide to pitch decks. Learn the outline of a great pitch deck for investors & download a free template to get started. (1,016 words)
- [Incorporation: What It Means to Be Incorporated](/content/uk/en/learn/startups/private-companies/incorporation/index-2.html): Learn the key steps to incorporating your startup in this guide. We'll help you understand the different entity types, equity distribution, and legal considerations.  (2,008 words)
- [What is Series A Funding? How to Raise a Series A Round](/content/uk/en/learn/startups/fundraising/series-a/index-2.html): The Series A funding round is typically the first priced round your company raises. Here’s what you need to know about raising your Series A. (1,541 words)
- [Priced Rounds: Understanding Priced Rounds vs SAFEs](/content/uk/en/learn/startups/fundraising/priced-rounds/index-2.html): Learn what a priced round is, how it compares to unpriced rounds like SAFEs, and when it becomes the right strategic choice for your company’s fundraise. (1,647 words)
- [How to Build Your Founding Team: Key Roles & Skills](/content/uk/en/learn/startups/founding-team/index-2.html): In this article, we’ll cover the various startup positions, when to bring on which type of founding team member, and general guidelines to help you build your founding team. (1,068 words)
- [Hiring Plan: Building a Hiring Plan for Your Next Fundraise](/content/uk/en/learn/startups/compensation/hiring-plan/index-2.html): This guide explains how to build a strategic hiring plan to prepare for your next fundraise, including how to align headcount with business goals and model the impact on your cap table. (856 words)
- [How to Get Your Money’s Worth from Your Startup Lawyer](/content/uk/en/learn/startups/founding-team/law-firms/index-2.html): Learn what to look for and how to find the right startup lawyer or law firm to assist you through the process of forming and financing your company. (1,053 words)
- [The 2021 Carta liquidity report | Carta](/content/sg/en/data/the-2021-carta-liquidity-report/index-2.html): The movement toward secondary liquidity in the private markets is accelerating fast: Carta completed four times as many secondary transactions for private companies in 2021 than the year before. (424 words)
- [Market Size: What is TAM, SAM, & SOM?](/content/uk/en/learn/startups/metrics/market-size/index-2.html): Calculating market size before you pitch investors if crucial. Learn how to determine the market size for your company, including TAM, SAM, and SOM. (927 words)
- [What is a Term Sheet? Common Terms & Examples for Startups](/content/uk/en/learn/startups/fundraising/term-sheets/index-2.html): A term sheet outlines the key terms of a startup investor’s offer. Learn how to read an investor term sheet before your next fundraising round. (909 words)
- [Plans & Pricing for Companies in Europe](/content/uk/en/plans/equity-management/europe/index-2.html): Explore our equity management plans and pricing for European companies. (432 words)
- [How Day Trippers Doubled Their Valuation After Using Carta](/content/uk/en/customer-stories/day-trippers/index-2.html): Day Trippers founder Diana King is passionate about seeing the world. Her travels and her research both told her that people are looking for curated experiences that connect with the local community and culture. (632 words)
- [State of Private Markets: Q4 and 2024 in review](/content/uk/en/data/state-of-private-markets-q4-2024/index-2.html): The startup fundraising landscape is undergoing a clear resurgence from the post-pandemic slowdown. Carta has all the data, including trends in round sizes, valuations, dilution, and more, across every stage and every region of the U.S. (893 words)
- [Series B Funding: A Complete Guide for Startups](/content/uk/en/learn/startups/fundraising/series-b/index-2.html): Series B funding is a priced round startups typically raise from VC investors to scale operations. Here’s what you need to know about raising your Series B. (1,087 words)
- [How Carta Helped Singapore-Based iPiD Fundraise with Confidence While Scaling](/content/uk/en/customer-stories/ipid/index.html): When Singapore-based global payment solutions provider iPiD began gaining traction in the fintech space after launching in 2021, the company knew that having the right tools in place to support its rapid growth was essential. (555 words)
- [Private Company Valuations: How to Value a Private Company](/content/uk/en/learn/startups/equity-management/private-company-valuations/index-2.html): This article explains private company valuations, including what they are, when you need one for fundraises or stock options, and how the valuation process works. (1,177 words)
- [Founder Ownership Report 2025 | Carta](/content/uk/en/data/founder-ownership/index-2.html): How do startups divide their equity among co-founders and other key shareholders? This first-of-its-kind data report offers a comprehensive guide. (430 words)
- [Colorado is bucking the trend of slumping startup investment | Carta](/content/data/colorado-vc-2022/index-2.html): Colorado has proven more resilient than most other states as the U.S. venture capital sector endures a pullback in funding. (674 words)
- [Request a demo and join Carta | 409a Valuations | Carta](/content/uk/en/demo/409a-valuations/index-2.html): Request a demo of Carta's equity management platform and learn more about audit-ready 409a valuations. (125 words)
- [Startup Fundraising 101: Mastering Fundraising Strategy](/content/uk/en/events/fundraising-101-fundraising-strategy/index-2.html): Carta's Natasha Arora and Heather Hartnett discuss crafting a fundraising strategy tied to business milestones, using scenario modeling and SAFEs., Host the world live on your website. (242 words)
- [From 409As to SAFEs, Double A Labs Uses Carta to Scale](/content/uk/en/customer-stories/double-a-labs/index-2.html): Austin-based Double A Labs is bringing the metaverse to the corporate universe by allowing companies to create their own virtual worlds where employees can collaborate. (676 words)
- [SAFE Fundraising 101 ebook | Carta](/content/uk/en/learn/resources/safe-fundraising-guide/index-2.html): Download our free SAFE Fundraising 101 ebook to learn benefits, key terms, dilution, and differences between pre/post-money SAFEs and convertible notes. (311 words)
- [Cap Tables and Dilution for Startup Founders](/content/uk/en/events/cap-tables-for-startup-founders/index-2.html): Carta, shipshape.vc, and Goodwin break down real funding scenarios, covering term sheets, valuations, option pools, and founder equity decisions., Host the world live on your website. (293 words)
- [Pre-Seed Funding: Guide for Early-Stage Startup Founders](/content/uk/en/learn/startups/fundraising/pre-seed-funding/index-2.html): Learn what distinguishes pre-seed funding from other types of startup funding, including the different types of investors and typical round sizes for early-stage companies. (2,995 words)
- [What is Seed Funding for Startups? How to Raise a Seed Round](/content/uk/en/learn/startups/fundraising/seed-funding/index-2.html): Fundraising for a startup is never easy, but raising a seed round can feel impossible without the right resources. In this article, we’ll walk you through all the steps of seed funding. (1,644 words)
- [Beyond Spreadsheets: Essential Tools for Private Market Data Management](/content/sg/en/blog/private-market-data-management-tools/index-2.html): Learn how streamlined investment operations can help you overcome the challenges of private market data management. (1,348 words)
- [Accredited Investors: Definition, Requirements, and Verification](/content/uk/en/learn/private-funds/regulations/accredited-investors/index-2.html): Understand the accredited investor rule, including the requirements for qualification, why the requirement exists, and how the accredited investor rules may change. (2,719 words)
- [Institutional Investors: Who They Are & How They Allocate](/content/uk/en/learn/private-funds/structures/institutional-investors/index-2.html): Institutional investors are the primary source of capital for private investment funds. Learn the different types of institutional LPs, how they conduct due diligence, and the operational standards required to build lasting relationships with them. (1,671 words)
- [Startup Accelerators: How Accelerators Help Grow Your Startup](/content/uk/en/learn/startups/fundraising/investors/accelerators/index-2.html): Joining an accelerator can be a game-changer, providing startups with mentorship, resources, and funding at a key moment in their development. (1,625 words)
- [ESG Data: The Key to Sustainable Investments in Private Markets](/content/sg/en/blog/esg-data-private-markets/index-2.html): This guide is designed for investors, asset managers, and industry leaders who understand that ESG integration is the future of sustainability investing. (656 words)
- [Recession fundraising: scaling up when the market is down](/content/uk/en/learn/startups/fundraising/down-rounds/index-2.html): With a recession looming, CFOs everywhere are nervously eyeing their software budgets and searching for ways to cut costs. So what exactly does the essential tech stack look like? (1,826 words)
- [Carta integration with Stripe Atlas helps founders fundraise faster | Carta](/content/sg/en/product-updates/carta-stripe-atlas-api-partnership/index-2.html): Founders who need to incorporate and get a tax ID will have the option to visit Stripe Atlas during signup for Carta Launch. (543 words)
- [What is a Family Office? Structures & Investment Strategies](/content/uk/en/learn/private-funds/structures/family-offices/index-2.html): Family office services offer ultra-high-net-worth families tailored investment management and wealth planning to preserve and grow assets across generations. (1,149 words)
- [Tariffs target China, roil U.S.](/content/sg/en/policy/policy-weekly-04-11-25/index-2.html): Startups and investors may have diminished access to capital during the current uncertainty—but more nimble enterprises may be able to adapt better and seize opportunities more quickly than legacy competitors. (1,841 words)
- [How to Find the Right Investors for Your Startup](/content/uk/en/learn/startups/fundraising/investors/finding-investors/index-2.html): As a founder, how to get investors for your startup is a key question. But how to choose them is also critical. Here's what you can look for to find a good fit. (1,410 words)
- [At pre-seed and seed, the dominance of SAFEs continues to grow](/content/uk/en/data/pre-seed-and-seed-safes-q3-2024/index-2.html): A dozen years ago, the SAFE didn’t exist. In the 2020s, it’s become the dominant mechanism used by early-stage companies to raise capital at the pre-seed stage. (782 words)
- [What is Debt Financing? Definition & How It Works](/content/uk/en/learn/startups/fundraising/debt-financing/index-2.html): Learn about debt financing for startups, including the different types available, the pros and cons, and when it makes sense to use it in your startup fundraising strategy. (1,832 words)
- [The current state of employee exercise 2020 | Carta](/content/sg/en/data/state-employee-exercise-2020/index-2.html): Are stock options getting more employee-friendly? We looked at our data and here's what we found. (1,153 words)
- [Venture Debt Explained: Pros & Cons for Startups](/content/uk/en/learn/startups/fundraising/debt-financing/venture-debt/index-2.html): Learn how venture debt financing works for startups and how venture debt compares to alternatives like traditional loans, equity financing, and private credit. (1,295 words)
- [Introducing the Carta Developer Platform | Carta](/content/sg/en/product-updates/introducing-the-carta-developer-platform/index-2.html): Carta has worked for the past year with more than 25 beta partners to utilize our growing suite of APIs. Now we're expanding these capabilities. (950 words)
- [Bootstrapping: How to Bootstrap Your Startup](/content/uk/en/learn/startups/fundraising/bootstrapping/index-2.html): Many startup founders use their own money before seeking out funding from investors. Here's what you need to know about bootstrapping your startup. (917 words)
- [VC Fund Performance: Q2 2025](/content/uk/en/data/vc-fund-performance-q2-2025/index-2.html): The percentage of venture funds on Carta that have begun to return capital to their LPs jumped noticeably in Q2 for every vintage from 2017 through 2023, as investors demonstrated a new urgency around generating DPI.  (934 words)
- [Fund Formation Collection | Carta](/content/uk/en/learn/collections/fund-formation/index-2.html): Starting a VC firm is a complex process. Leverage our resources as you build your first fund. (471 words)
- [SEC nominee outlines vision before Senate Banking Committee](/content/policy/policy-weekly-03-28-25/index-2.html): Also, House Financial Services Committee continues capital formation push to expand access to more regions; Carta’s Head of Policy to testify in Congress next week
 (1,358 words)
- [Carta + Deel partner on international exercises | Carta](/content/sg/en/product-updates/deel-partnership-international-options/index-2.html): Carta and Deel are thrilled to announce a major step forward for our ecosystem: automated global equity compliance. 
 (737 words)
- [The State Small Business Credit Initiative (SSBCI) Explained](/content/uk/en/learn/startups/fundraising/state-small-business-credit-incentive/index.html): The State Small Business Credit Initiative (SSBCI) is a U.S. government program that provides funding to small businesses, including certain startups and venture capital funds.  (714 words)
- [How Equity Crowdfunding Works for Startups](/content/uk/en/learn/startups/fundraising/equity-crowdfunding/index-2.html): Equity crowdfunding is a type of regulated fundraising where startups raise capital from large groups of investors in exchange for small amounts of equity. (716 words)
- [SAFEs, now automated on Carta | Carta](/content/sg/en/product-updates/safes-now-automated-on-carta/index-2.html): So we asked, what if we could help founders create and issue a SAFE in 30 seconds? No room for mistakes, no Word docs, no manual entries to their cap table, no sending wire instructions, no extra email volume. And what if we could put founders in control of future dilution before they issue their very first SAFE? (804 words)
- [Bridge Round: What Is It & How Does It Work?](/content/uk/en/learn/startups/fundraising/bridge-rounds/index-2.html): A bridge round is extra money a company raises between priced rounds from its existing investors. Learn how bridge rounds work and when they’re necessary. (364 words)
- [EIS Tax Relief Explained: Benefits, Criteria, and How to Claim](/content/sg/en/learn/startups/fundraising/eis/eis-tax-relief/index-2.html): The Enterprise Investment Scheme offers generous tax reliefs to investors as an incentive for backing early-stage companies. Learn more about SEIS tax benefits and the rules startups must follow. (1,154 words)
- [Carta partners with Vouch to automate insurance for startups ](/content/sg/en/product-updates/carta-vouch-partnership/index-2.html): Vouch has built a new kind of insurance company—built by founders for founders. Now Carta and Vouch are partnering to benefit the founders on Carta and the startup ecosystem.
 (653 words)
- [Startup Fundraising 101 | Carta](/content/uk/en/learn/startup-fundraising-101/index-2.html): Raising money for your startup is one of a founder's most important jobs. Let our experts give you the roadmap to an easier and more efficient fundraising round. (149 words)
- [Use Firstbase to Automatically Create a Cap Table on Carta Launch | Carta](/content/sg/en/product-updates/firstbase-carta-launch/index-2.html): Today, we’re announcing the integration of Carta Launch with Firstbase so you can focus on building your company instead of your cap table. Once you’ve (375 words)
- [Carta + Ramp | Seamless Expense & Fund Management](/content/sg/en/blog/fund-expense-management-ramp/index-2.html): Carta + Ramp. Now, we’re talking. (363 words)
- [Pre-Seed Fundraising: Fresh Data from Q2 2024](/content/uk/en/events/fresh-data-from-24q2/index-2.html): Carta's Peter Walker joins Antler and Hustle Fund to break down Q2 2024 SAFE and Note data, covering valuation caps, raise amounts, and terms., Host the world live on your website. (123 words)
- [Fundraising Checklist | Carta](/content/uk/en/learn/resources/startup-fundraising-checklist/index-2.html): Download a free fundraising checklist for founders. Learn key steps, model your fundraise, manage SAFEs, and streamline your journey with Carta Launch’s free tools. (137 words)
- [Carta asks FinCEN for additional guidance on CTA compliance](/content/sg/en/policy/coalition-fincen-cta/index-2.html): Carta and a coalition of other firms authored a letter to the Financial Crimes Enforcement Network (FinCEN) urging them to include additional guidance in rules for implementing the Corporate Transparency Act. (364 words)
- [Request a demo | Carta IPO Advisory](/content/sg/en/demo/ipo-advisory/index-2.html): Streamline your transition from private to public equity management with Carta and Morgan Stanley at Work. (34 words)
- [Carta 409A valuations for late-stage, private companies](/content/sg/en/product-updates/carta-409a-late-stage-private-co/index-2.html): We've been building a streamlined Carta 409A valuation process for our late-stage clients. Here’s what you can expect with our improved process: (1,129 words)
- [SEIS vs EIS: Comparing UK Venture Capital Schemes](/content/sg/en/learn/startups/fundraising/seis-vs-eis/index-2.html): SEIS and EIS are vital to the UK’s startup ecosystem, with many early-stage investors only considering companies using tax-friendly fundraising schemes. Learn about the differences and similarities between SEIS and EIS. (1,812 words)
- [UK Startup Investment in 2024 | Carta](/content/sg/en/blog/uk-startup-investment-2024/index-2.html): Venture capital experts share insights about the UK startup investment scene in 2024, including why it seems more difficult to raise capital right now and which metrics really matter to investors.
 (1,371 words)
- [SEIS Loss Relief](/content/sg/en/learn/startups/fundraising/seis/seis-loss-relief/index-2.html): The Seed Enterprise Investment Scheme offers loss relief to investors who fund SEIS-qualifying companies, allowing them to recover some money if the business fails. This article breaks down how SEIS loss relief works and when it can be claimed. (1,128 words)
- [Issuing Options: 5 Common Mistakes To Avoid | Carta](/content/sg/en/blog/issuing-options-mistakes/index-2.html): Issuing options is a complex and delicate process. Avoid these five common mistakes to make sure you're doing it right. (1,017 words)
- [Hosted Fund SPV Disclosure | Legal Hub](/content/uk/en/legal/agreements/hosted-fund-spv-disclosure/index.html): It is important that each investor who is a U.S. person (“Investor” or “you”) reads and fully understands the relevant risks related to the investments or transactions in the Carta hosted Fund and SPV products you may effect via the platform provided by Carta or its affiliates (the “Platform”). (1,317 words)
- [LP CRM: The Smart CRM for Investor Relations](/content/uk/en/fund-management/fund-administration/lp-crm/index-2.html): Transform investor relations with AI-powered LP CRM. Track fundraising, centralise investor intelligence, and connect directly to your fund performance data. (437 words)
- [Cap Table Management Tips from a Startup Lawyer | Carta](/content/sg/en/blog/cap-table-management-tips-for-investment/index-2.html): Managing company ownership properly is crucial, especially ahead of raising venture capital. A UK startup lawyer explains what effective cap table management looks like and how founders can avoid – and fix – common cap table mistakes.  (1,403 words)
- [How High Circle Ventures Used SPVs to Launch a VC Firm](/content/uk/en/customer-stories/high-circle-ventures/index-2.html): Hemanth had been personally investing in late-stage companies for several years, leveraging connections and insights he’d acquired during the 20 years he spent working in IT for Wall Street firms.  (910 words)
- [The state of seed in 2023: insights from Seedcamp’s Reshma Sohoni](/content/sg/en/blog/seed-vc-funding-2023/index-2.html): The seed round is the make-or-break moment in your startup’s growth journey. We asked one of Europe’s most prolific early-stage VCs to share her insights. (1,292 words)
- [Plans & Pricing for Fund Management in Europe](/content/uk/en/plans/fund-management/index-2.html): Explore our fund management plans and pricing for European funds. (484 words)
- [Request a demo of Deal CRM](/content/uk/en/demo/deal-crm/index-2.html): See how Carta Deal CRM helps private equity teams centralize deal flow, automate relationship intelligence, and move on opportunities with confidence. (538 words)
- [How Mayfair Equity Partners improved origination and deal flow functions with Carta Deal CRM](/content/uk/en/customer-stories/mayfair-equity-partners/index-2.html): UK-based mid-market private equity firm Mayfair Equity Partners has achieved substantial efficiencies within its deal team operations by migrating to Carta from its previous CRM solution. (275 words)
- [Request a demo | Carta SPV](/content/uk/en/demo/spv/index-2.html): Request a demo of Carta's equity management platform for private companies, public companies, and investors. (497 words)
- [File fund and SPV Taxes with Carta](/content/uk/en/blog/file-fund-and-spv-taxes/index.html): Carta Fund Administration now offers in-house fund and SPV tax preparation, finalization, and filing—in addition to back office management and quarterly reporting. (294 words)
- [Advance Assurance for SEIS and EIS](/content/sg/en/learn/startups/fundraising/seis-eis-advance-assurance/index-2.html): If you’re looking to raise startup funding through SEIS or EIS, securing Advance Assurance from HMRC can help you attract early-stage investors. Learn what Advance Assurance is, why it matters to investors, and how to apply for it. (1,077 words)
- [Seed Enterprise Investment Scheme: SEIS Guide for Startups](/content/sg/en/learn/startups/fundraising/seis/index-2.html): The UK has one of the most active angel investment scenes in the world, partly thanks to the Seed Enterprise Investment Scheme. Learn about fundraising through SEIS – including qualifying companies, investment limits, and tax benefits for investors. (993 words)
- [Annual Equity Report 2021 by Carta](/content/sg/en/data/equity-report-2021/index-2.html): Analysis of equity distribution by gender, race, and ethnicity (3,879 words)
- [State of Private Markets: Q2 2022 | Carta](/content/sg/en/data/state-of-private-markets-q2-2022/index-2.html): Venture capital is in a slowdown, but not a freefall. For the past two quarters, the number of rounds and the amount of cash raised on the Carta platform both (2,873 words)
- [Crypto divide deepens as House and agencies grapple with regulation | Carta](/content/policy/policy-weekly-06-09-23/index-2.html): House approves slate of bipartisan measures to expand access to private markets. (1,880 words)
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- [List Deals](/content/docs/crm/reference/publicdealcontrollergetdeals/index.html): Return deals based on search criteria, with filtering, sorting, and pagination.
If the pipeline is not specified, the one marked as the default pipeline is used. To search in other pipelines, you need to explicitly pass the pipelineId . To search by stages that are not in the default pipeline, you a… (189 words)
- [How to manage users with access to your portfolio | support.carta.com](/content/support/kb/guide/en/how-to-manage-users-with-access-to-your-portfolio-y3nk7cgmno/steps/3739703-3735264/index.html): How to manage users with access to your portfolioAdding a user to your portfolio will give them full access to your holdings and all portfolio information. It is recommended to only share your portfolio with those you trust. Here are some examples of actions and information an additional user will have access to:Accepting securitiesBanking information, including account numbersPortfolio account summary, including social security numbers and home addressTax forms (86 words)
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            Password reset
        
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- [Capital Activity Quick Search - Carta Release Notes - Product Updates](/content/releasenotes/capital-activity-quick-search-2wgj16/index.html): What's new? GPs can now click on a specific investor's name within their Capital Activity Notice PDF to quickly view the details of that inv...,  (121 words)
- [How to manage company documents | support.carta.com](/content/support/kb/guide/en/how-to-manage-company-documents-1prrvokb7o/steps/3748030/index.html): How to manage company documentsThe Company Documents feature enables users to upload Incorporation documents, Securities filings, Closing volumes, Minute books, Disclosures, and Other documents for use within the Carta platform. To access the page, navigate to Documents then Company documents. (56 words)
- [Lawmakers Rethink Crypto Regulation Following FTX Meltdown](/content/sg/en/policy/policy-weekly-11-18-22/index.html): Committees seek to grill Sam Bankman-Fried. (2,169 words)
- [How to manage tasks in your Dashboard | support.carta.com](/content/support/kb/guide/en/how-to-manage-tasks-in-your-dashboard-qqqz3oibyf/steps/3724940/index.html): How to manage tasks in your DashboardThe Dashboard makes it easy for GPs to submit, track, and respond to requests, all through the Carta platform. (352 words)
- [How to draft and issue RSUs | support.carta.com](/content/support/kb/guide/en/how-to-draft-and-issue-rsus-n4h5vjsdkr/steps/3760449/index.html): Drafting and issuing RSUsRequired permissions:Company account users with Full access, Company editor, or HR administrator permissions can enter drafts information. . Only Full access users can issue securities to the cap table.Requirements for issuing RSUs on Carta:Company must have a current FMVShare classes must be configuredEquity plan established and set up on CartaIt's also helpful to have already created any necessary securities templates prior to drafting, such as document sets and vesting schedules..Keep reading to learn how to draft RSUs and send them for signature through Carta. (152 words)
- [How to use the Carta Carry mobile app | support.carta.com](/content/support/kb/guide/en/how-to-use-the-carta-carry-mobile-app-wwlhov967u/steps/3724941/index.html): How to use the Carta Carry mobile appThe Carta Carry mobile app makes managing your back office faster, more accurate, and more transparent. Carta Carry users can initiate investment wires, pay expenses, and request capital calls and management fee transfers from their phones, all with the ability to track each task from request to completion. You’ll gain instant transparency into your fund by being notified when a task is received, completed, and every step in between.Download Carta Carry from the App Store or Google Play. (87 words)
- [How to request capital calls and distributions | support.carta.com](/content/support/kb/guide/en/how-to-request-capital-calls-and-distributions-8pduuzzo4k/steps/3724463/index.html): How to request capital calls and distributionsUsers can request capital calls and approve capital calls and distributions through the Capital Activity tab or through the capital activity workflow on the dashboard page.  Request a capital call through the activity tab by following the steps linked below.Click on a topic to learn more. (66 words)
- [Post Exercise Experience on Mobile - Carta Release Notes - Product Updates](/content/releasenotes/post-exercise-experience-on-mobile-1xp9ba/index.html): We are excited to announce the release of the Exercise History screen, and an update to the Exercise Status Indicator on both iOS and Androi... (497 words)
- [Adding metrics from PDF | support.carta.com](/content/support/kb/guide/en/adding-metrics-from-pdf-ynip0si3wn/steps/4916508/index.html): Adding metrics from PDFNeed to add a metric to the grid? You can select values directly on the PDF and easily add them to the grid as new metrics. This also works for bulk selections.StepsClick to select a value on the PDF (click + drag to select multiple values)Select 'Add as new metricsThis switches the grid to the "Add manually" tab, and auto-fills the selected valuesComplete the grid in any order until all rows validate (green icon)Press the 'Merge to document metrics' button to save‍ (92 words)
- [How to export the Disqualifying Dispositions Report | support.carta.com](/content/support/kb/guide/en/how-to-export-the-disqualifying-dispositions-report-wjrrrp4hkv/steps/3724539/index.html): The Disqualifying Disposition Report for private companies contains transactions of certificates that Carta identifies as having been created as a result of an ISO exercise. These transactions are evaluated against two qualifying rules:The certificate must have been held for 2 years after grant prior to a sale.The certificate must have been held for 1 year after exercise prior to a sale.If both conditions are not met, the transaction is considered disqualifying and may have tax implications for the stakeholder and issuing company. Consult your legal counsel for guidance.The ordinary income is calculated as the lesser of the bargain element or actual gain from the disposition.The bargain element is the difference between the FMV on the date of exercise and the exercise price.The gain from the disposition is the difference between the sale price and exercise price. (500 words)
- [How to export Carta’s IPO report bundle | support.carta.com](/content/support/kb/guide/en/how-to-export-cartas-ipo-report-bundle-vl5nrctcbd/steps/3707117/index.html): Exporting Carta’s IPO Report Bundle An IPO demands meticulous preparation to ensure a company’s governance, finances, and internal protocols  comply with the high regulatory standards for selling shares to the public. The journey to listing day often takes months or years, with the most arduous and time consuming part of the process being the financial and cap table audit.Recognizing the critical need for thorough preparation, Carta now offers a comprehensive bundle of IPO readiness reports. This streamlines the preparation required for the audit and S-1 drafting by consolidating applicable reports in one location and allowing a one-click bulk download. (329 words)
- [How to set up Single Sign-On (SSO) for Corporations, Law and Finance Firms, or LLCs | support.carta.com](/content/support/kb/guide/en/how-to-set-up-single-sign-on-sso-for-corporations-law-and-finance-firms-or-llcs-1u5bqeju5n/steps/4263385-4263440/index.html): How to set up Single Sign-On (SSO) for Corporations, Law and Finance Firms, or LLCsSingle Sign-On (SSO) is an authentication process that allows users to access multiple applications with a single set of login credentials.  It enhances security and convenience while reducing password fatigue and IT management costs for companies. (353 words)
- [How to download a cap table report | support.carta.com](/content/support/kb/guide/en/how-to-download-a-cap-table-report-m8jbbrvz4y/steps/3802667/index.html): How do I download a cap table report? You can download a cap table report from three different sections within your account, each offering tailored options based on your needs (by share class, stakeholder, or with additional details). (338 words)
- [How to send Rule 701 disclosures | support.carta.com](/content/support/kb/guide/en/how-to-send-rule-701-disclosures-qebxhohf8n/steps/3724516/index.html): Sending Rule 701 Disclosures Carta’s Communication Center enables companies to easily and securely share updates with stakeholders and potential investors. It can notably be used for Rule 701 disclosures, as well as other documentation that needs to be safely distributed. Click a topic below to learn more: Rule 701 disclosures are only available with the Scale plan.  (77 words)
- [Scope of Services: GP Carry Tracking | support.carta.com](/content/support/kb/guide/en/scope-of-services-gp-carry-tracking-bh6qzc8mmy/steps/4110426/index.html): Scope of Services: GP Carry Tracking Carta GP Carry Tracking is an add-on service not included in your Carta Fund Administration subscription. Per annum pricing will be determined based on your individual GP entity structure, needs, and complexities.  In order to be eligible for Carta GP Carry Tracking, the GP entity and funds must be administered through Carta Fund Administration. You will have access to the following features in Carta GP Carry Tracking:Document Distributions: Securely send documents to recipients including carried interest issuances, 83(b) election forms, K-1s, and PCAPs.Data Room: Securely store and share documents. Carried Interest Issuance: Ongoing issuance and management of carried interest in the Carta cap table product.Multi-entity Support: Manage multiple issuing entities within a single account.Agreement Execution: Populate carried interest issuance documents and send for electronic signature and acceptance.Support: Access to Carta support specialists and access to Carta's Support Center.PCAP Generation: Generate PCAPs for all GP members up to a quarterly frequency, within 10 days of fund PCAP issuance.Carta ResponsibilitiesCarta will set up your GP entity in our cap table platform including the carry plans, vesting schedules, and GP entity members. Carta will set up your GP entity in our Fund Administration platform including the GP member allocations, historical allocations, and GP entity members.Carta will administer the GP member allocations for the GP entities in conjunction with the GP Entity Administration scope of services you have purchased with Fund Administration.Client Responsibilities You will provide¹:Executed copy of the GP entity’s W-9Executed copy of the GP entity’s latest Operating AgreementCurrent list of members and their commitment amounts (if not clearly and fully stated in Operating Agreement)Carry Grant Agreement details for every member as applicable in spreadsheet format if available (active and inactive members)², including:Issuance datesIssued carry % or unitsVesting planVesting plan start dateHolder nameHolder emailAgreements for Residual Carry Units or % for each member as applicable (if not clearly and fully stated in Operating Agreement)³For existing entities:Historical accounting and book allocation files up through the latest reporting periodList of Effective Carry Units or % for all members as of the last reporting periodRecord of ownership changesCommitment transfers between members and other commitment changesCarry Units of % transfers between membersMember additionsMember exitsTo discuss any services that are outside of the scope addressed above, please talk to your Carta representative. ¹Additional documentation or information may be required by Carta as circumstances warrant.  ²This is the assignment of carry units or % along with vesting terms as applicable ³This is the schedule of the recipients of Unvested and Unassigned Carry Units or % to balance out Effective Carry to 100% (442 words)
- [Carta Policy: How midterms could impact capital markets | Carta](/content/sg/en/policy/policy-weekly-10-14-22/index.html): How the election could impact capital markets policy next Congress (2,116 words)
- [Scope of Services: Carta Luxembourg Fund Formation (Hosted) | support.carta.com](/content/support/kb/guide/en/scope-of-services-carta-luxembourg-fund-formation-hosted-dzyjhyxqgc/steps/3724767/index.html): Scope of Services: Carta Luxembourg Fund Formation (Hosted)Type of Fund Structure and Regulation Luxembourg Venture Capital Fund, structured as a Luxembourg Special Limited Partnership (société en commandite spéciale), qualifying as an alternative investment fund (fonds d'investissement alternatif) within the meaning of the Alternative Investment Fund Managers  Law (AIFM Law).   This product requires a registered sub-threshold alternative investment fund manager (gestionnaire de fonds d’investissement alternatif), which also acts as the resident partnership manager (gérant) of the Fund (the Manager).  For this hosted product, Carta is the Manager and also the general partner of the Fund (the General Partner). We reserve the right to replace, transition or appoint a new Carta Manager and/or General Partner. You are the Operator of the Fund who provides services to support the structuring, launch, day-to-day operating and running of the Fund.  Fund Sectors, Strategies and Investors  Portfolio investments made by the Fund must comply with Carta’s compliance requirements. Carta will provide support for varied fund sectors and strategies, yet limitations are:No PE-style investments, only direct investments in early-stage private companies; No Crypto-related investments; No Fund of Funds; No Fund Feeders; andNo private debt. For queries on specific sectors or strategies, please talk to your Carta representative. This structure does not allow marketing or pre-marketing (as defined in AIFM Law) nor under the passport regime.This product is capped at a committed capital figure of €30,000,000. In the event a breach of this cap is imminent, Carta reserves the right to require you to either move to another investment manager or alternative hosting arrangement, or, at Carta’s sole discretion, it may offer you an excess fee. Only eligible counterparties, professional investors or investors that opt up to professional investors may invest in the Fund. AIFM Law restricts investment by retail investors.  Fund Formation Services The scope of service that will be provided by Carta is as follows: Entity formation of a Luxembourg Venture Capital Fund (structured as a Luxembourg Special Limited Partnership),  to be used as the Fund entity.  Provision of fund-related and fund entity-level documentation, as listed below;Incorporation FormsLimited Partnership Agreement Private Placement Memorandum Subscription Agreement Provision of a Carta owned and controlled local General Partner and Manager. These documents are made available on the Carta platform (1), along with Carta’s fund formation questionnaire which allows you to make commercial elections for the Fund that will be reflected within the documents.  These elections can be changed throughout the fund formation process and will automatically update into the documents until execution. As Carta is the Manager of the Fund, you will not be able to make any customizations to any of these documents, outside of the commercial elections made available, without pre-approval from your Carta representative. You may be instructed to seek independent legal advice and may incur Carta’s legal costs in verifying any proposed customizations do not negatively impact our  ability to manage the Fund in compliance with local laws and regulations.2 Carta will ensure any custom changes  you are seeking do not impact Carta’s ability to provide Fund Administration Services. Once your amendments are in final form, Carta will reflect those changes in your Fund documentation. Carta will not provide the following types of documents:Side LettersTransfer Agreements for Limited Partners Transfer Agreements for Warehoused Investments Employment Letters AmendmentsClosings, Deployments, KYC, KYT Included in your Fund Formation fee, Carta will assist with the first close of your fund. This needs to be done entirely via the Carta dashboard. As long as Carta continues to provide Fund Administration Services to the Fund and unless you request us to hand over the Fund to a third party general partner and manager, we will also continue to provide the General Partner and Manager for the Fund. The Carta Manager will support you in implementing all the proposed closings and deployments (including KYC and KYT) in its capacity as the Manager of the Fund, as well as arrange for the mandatory filings and reportings in its capacity as the Manager of the Fund.Bank AccountsWe will set up the Fund’s  bank account, the cost of which is included in the formation fee. We will operate the bank account of the Fund as long as we act as the Manager of the Fund, as described above.To discuss any services that are outside of the scope addressed above, please talk to your Carta representative.   (1) The Carta platform means the online dashboard(s) made available to you by us and its/their related digital applications. (2) Additional documentation or information may be required by Carta as circumstances warrant.  (3) Talk to your Carta representative for legal partner referrals to help with the listed documents. DISCLOSURE: This communication is being sent on behalf of eShares, Inc. dba Carta, Inc. (“Carta”) and its affiliates. Certain transactional fees may apply. 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. Carta does not assume any liability for reliance on the information provided herein. (735 words)
- [Market Sizing Guide | Carta](/content/uk/en/learn/resources/market-size-calculator/index.html): Download Carta’s free Market Sizing Guide. Learn to calculate TAM, SAM, and SOM, use checklists and templates, and prepare your startup for investor pitch meetings. (107 words)
- [Dive into option pools](/content/data/newsletter-dive-into-option-pools/index.html): Multiple independent operators have asked this week about employee option pools sizes. (255 words)
- [Preseed Founders Should Think in Dilution Not Valuation Caps](/content/data/linkedin-preseed-dilution-vs-valuation-cap/index.html): The argument over valuation caps often obscures the simpler reality: total raised divided by cap equals ownership sold—dilution is the number founders should... (315 words)
- [Carta Certified Partner Program | Law & Finance Certifications | Carta Community](/content/community/c/carta-certified-partners/index.html): Explore Carta's partner certification programs for law firms and finance professionals. Earn recognition as a Carta Certified Partner and differentiate your practice. (95 words)
- [Scope of Services: Fund Forecasting | support.carta.com](/content/support/kb/guide/en/scope-of-services-fund-forecasting-glwfqqhh4v/steps/3989664/index.html): Scope of Services: Fund Forecasting With the Fund Forecasting platform, you can:Build a fund model as part of portfolio constructionAccess market benchmarksShare your fund model with prospective LPsUpdate portfolio construction with actual investmentsForecast reserves and exit scenarios for actual investmentsCollect and analyze KPIs related to actual investmentsGenerate reports on investment and fund performance Onboarding process:Kick-off call: Our implementation team will walk you through the onboarding process and give you an overview of the data needed.Data collection and upload: We’ll work with you to gather and import all the information needed to set up your Fund Forecasting account.Final review and Fund Forecasting tutorial: We’ll schedule a call to review your account and walk you through the Fund Forecasting platform. The onboarding process typically takes 4-6 weeks after data collection.  Carta will:Assist you in setting up your fund model and adding investmentsProvide training and guidance on best practices on use of the platformWork with your Carta fund administration team to collect and load your fund financial information from the Carta General Ledger into Fund Forecasting (if applicable) You are responsible for:Providing all requested information and documentation for implementation (information should be provided within 2 weeks to ensure a timely implementation period)Obtaining the required level of portfolio company Carta cap table access You may also subscribe to Carta’s Portfolio Insights service, which provides the collection of source documents via Carta for the Fund Forecasting KPI manager. 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. Carta does not assume any liability for reliance on the information provided herein.   © 2024 eShares, Inc. dba Carta, Inc. All rights reserved. (248 words)
- [Charly Kevers | Carta](/content/uk/en/executive-team/charly-kevers/index.html):    (188 words)
- [List Warrants](/content/docs/api-platform/reference/v1alpha1investorslistwarrants/index.html): Scope(s): read_investor_securities
Retrieve investment warrants issued by an investment company to a fund within a firm.
This endpoint also supports returning warrants across all funds of a firm if the caller submits a - (dash) character for the fund ID. (744 words)
- [List Shareholder Portfolios](/content/docs/api-platform/reference/v1alpha1portfoliosissuerslistportfolios/index.html): Scope(s): read_portfolio_info
Retrieve shareholder portfolios. (262 words)
- [List Firms](/content/docs/api-platform/reference/v1alpha1investorslistfirms/index.html): Scope(s): read_investor_firms
Retrieves investment firms. (260 words)
- [Scope of Services: Implementation for Fund and SPV Administration (Existing) | support.carta.com](/content/support/kb/guide/en/scope-of-services-implementation-for-fund-and-spv-administration-existing-etit4jb2mw/steps/3724929/index.html): Scope of Services: Implementation for Fund and SPV Administration (Existing)Documents should be provided within 2 weeks of signing the Engagement Letter to ensure a timely implementation period.For entities with historical financials, all data will be added to Carta as of the period before the First Carta Reporting Period. Example: if the First Carta Reporting period is Q2 2022, implementation will be performed for data through Q1 2022. Click the link at the bottom of this Scope of Services for a comprehensive list of required documents. (965 words)
- [Scope of Services: Carta Luxembourg GP Entity Administration | support.carta.com](/content/support/kb/guide/en/scope-of-services-carta-luxembourg-gp-entity-administration-xummyyhv9u/steps/3724610/index.html): Scope of Services: Carta Luxembourg GP Entity AdministrationI. Books and RecordsThe Agent (as defined in your engagement letter) will:Prepare and record all the bookkeeping entries and balance sheet (1)Prepare the annual financial statements in accordance with the rules of the articles, and shall provide them to the statutory and company auditors (or any other authority, member, board supposed to be provided with these documents)Provide the General Partner with assistance for the follow-up and coordination of the audit process at the General Partner's expenseCarta will:Grant access to the Carta platform for review of books and recordsYou will:Agree to transmit to the Agent at the earliest possible date, and at the latest within the 15 days of their signature or their establishment, all of its books, registers, documents, minutes, agreements, certificates and files necessary for the Agent in fulfilling its obligations and/or required by the law or the Luxembourg authoritiesInform the Agent immediately of any changes in its articles of incorporation as well as any changes in the share ownership structure, its bodies as well as its ultimate beneficial owners, and to provide the Agent all the relevant documents (1,003 words)
- [Share-Based Payments – Free Guide | Carta](/content/learn/resources/share-based-payments-guide/index.html): Download Carta’s free share-based payments guide. Learn how to report equity expenses accurately, avoid common mistakes, and get audit-ready with expert tips. (313 words)
- [How to track financial package progress | support.carta.com](/content/support/kb/guide/en/how-to-track-financial-package-progress-azvbyuupby/steps/3724876/index.html): How to track financial package progressIf your fund has multiple firms on Carta, you can now effortlessly switch between them to review and monitor the progress of financial packages by using the financial reporting tool.From the Dashboard tab, scroll to the bottom and click into the Financial Reporting tool. (101 words)
- [What to send stakeholders when you join Carta | support.carta.com](/content/support/kb/guide/en/what-to-send-stakeholders-when-you-join-carta-db7eqtrfbp/steps/3704430/index.html): What to send stakeholders when you join CartaCopy/paste our welcome email templates to make informing your stakeholders a breeze.. Welcome to Carta--We're thrilled to have you become part of our growing network! To ensure a smooth transition, we recommend informing your stakeholders that you're moving to the Carta platform so we've prepared a few “heads-up” email templates for you. Feel free to copy and/or customize these templates, which also provide instructions for your different stakeholders to accept their electronic securities. (110 words)
- [How to perform a share class conversion | support.carta.com](/content/support/kb/guide/en/how-to-perform-a-share-class-conversion-psrcuniclw/steps/3711479/index.html): How to perform a share class conversionUsers with Full access permissions can perform share class conversions within their company’s Carta account. Select an option to learn more. (58 words)
- [Frequently asked questions about Carta Launch | support.carta.com](/content/support/kb/guide/en/frequently-asked-questions-about-carta-launch-qzhww88uxi/steps/3707441/index.html): Frequently asked questions about Carta LaunchCarta Launch is our free platform for startups with less than $1M raised and 25 stakeholders or fewer, designed to simplify the founder’s journey. With intuitive navigation and industry leading tools, you’ll find everything you need to manage your cap table, issue equity, and fundraise–all in one spot.Fundraising insights: Access customized insights for your SAFE round, seamlessly compare terms against current benchmarks, and even initiate drafting directly from the results page.Streamlined SAFEs: Auto-generate and track SAFEs all in one place — plus, your clients’ cap tables will update automatically.Cap table management: Electronically issue securities to employees and investors. Provide all stakeholders with their own login to track and manage ownership and vesting.Live support: Law firm users and Carta clients can now chat, call, or share their screen in order to get immediate help from Carta experts.Click on a topic below to learn more. (208 words)
- [How to set up Single Sign-On (SSO) for Fund Administration firms | support.carta.com](/content/support/kb/guide/en/how-to-set-up-single-sign-on-sso-for-fund-administration-firms-8fa6nnroul/steps/5800301/index.html): How to set up Single Sign-On (SSO) for Fund Administration firmsFund Administration firms can use Single Sign-On (SSO) to let users log into Carta's Fund Administration product with their organization's existing credentials. Unlike SSO for corporations and law firms, Fund Admin SSO is set up by Carta's support team — you don't configure it yourself. Submit a request and your IT admin will receive an invitation to complete the connection on your identity provider (IdP). Setting up SSO for a corporation, law firm, finance firm, or LLC? See How to set up SSO for Corporations, Law and Finance Firms, or LLCs. Before you beginHave the following ready before contacting support: Identity provider — the IdP your firm uses, for example Okta, Azure AD, or OneLogin. IT admin email — the email address of the person who will configure the SSO connection on your IdP. They'll receive a setup invitation from Carta. Carta recommends setting up one firm-level SSO connection, not a separate connection per fund or portfolio company. How to request SSO setupReach out to the Carta Fund Administration support team to request SSO:Email: investorservices@carta.com Phone: +1 (801) 890-7542Share your identity provider and IT admin email with the support team. Carta uses this to configure your SSO connection.Once Carta creates the connection, your IT admin receives an email invitation to complete the configuration. The invitation grants setup access only — it does not give your IT admin organizational access to Carta.Your IT admin follows the guided setup to: Verify your organization's email domain(s) Connect your identity provider (Okta, Azure AD, OneLogin, or similar) Optionally configure SCIM for automatic user de-provisioning when employees leave After SSO is enabledUsers log in at login.app.carta.com/sso/login/ using their organization credentials. SSO grants firm-level access only. Access to individual funds or sub-entities must be granted separately by a firm admin. New users appear on the People page after their first SSO login. Before enabling SSO, confirm that user accounts do not contain personal assets, portfolios, or securities. If an employee leaves the organization, they will lose access to any personal assets associated with their company email. Need help? Contact the Carta FA support team Email: investorservices@carta.com  Phone: +1 (801) 890-7542 (324 words)
- [How to contact your issuing company through Carta | support.carta.com](/content/support/kb/guide/en/how-to-contact-your-issuing-company-through-carta-kcyaped7fo/steps/3711558/index.html): Carta can't make changes to a company's cap table, so you'll have to contact your issuing company directly if you have questions about your outstanding securities or any exercise-related concerns. Click on a topic below to learn more. (84 words)
- [Equity basics and quick references | support.carta.com](/content/support/kb/guide/en/equity-basics-and-quick-references-lxdjoqo2qt/steps/3885704/index.html): Equity basics and quick references (18 words)
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- [Scope of Services: Data Collections (Self-Service) | support.carta.com](/content/support/kb/guide/en/scope-of-services-data-collections-self-service-rwlkszvfty/steps/3725173/index.html): Scope of Services: Data Collections (Self-Service)Portfolio Insights Implementation TimelineStagesServiceEstimated time of completionResponsibilityStage 1: SetupKickoff Call Explaining Process20 minCarta / Investment FirmComplete Onboarding Template & Schedule of Investments Upload Form5 min / Portfolio CompanyInvestment Firm"Data Collections Introduction" email sent to portfolio companies1 min / Portfolio CompanyInvestment FirmStage 2: ReviewAccount Overview Call with PI Associate20 minCarta / Investment FirmUpdate portfolio company Points of Contacts; Select Intended portfolio companies to Send Requests; and Send Request for Information email1 min / Portfolio CompanyInvestment FirmConfigure Request for Information as needed0.5 min / Portfolio CompanyInvestment Firm (780 words)
- [Scope of Services: Portfolio Valuations - Full-Service | support.carta.com](/content/support/kb/guide/en/scope-of-services-portfolio-valuations-full-service-2de46qvlt1/steps/3724892/index.html): Scope of Services: Portfolio Valuations - Full-ServiceServiceCarta responsibilitiesClient responsibilitiesOnboardingTrack and update list from Client of who can direct Carta on valuations.Provide Carta with a list of individuals who can direct Carta on valuations, and inform Carta of any applicable changes.Source data collectionInform Client of any missing data required to populate valuation models. Incorporate client provided, quantitative and qualitative Subject Company specific data into the valuation models.Provide Carta with the required Data Request Template, to the extent information is available, for each company to be valued (“Subject Company”). Completed Data Request Templates are sent to portfoliovaluations@carta.com to initiate the valuation.Inform Client of perceived audit risk associated with limited, available data, if applicable.Valuation policyUpon Client’s request, answer questions related to industry best practices for developing or refining a valuation policy.Provide Carta with details on Client’s valuation policy to inform the assumptions that Carta will use in facilitating the valuation process. Make all final decisions related to fund's valuation policy. Confirm with Client, in writing, Client’s valuation policy prior to facilitating any valuations.Review Client’s valuation policy with Client’s auditor to ensure Client’s auditor is comfortable with the general framework prior to starting the valuation engagement with Carta.Inform Client of perceived audit risk associated with Client’s valuation policy.Comply with Client’s valuation policy unless directed otherwise in writing. If directed in writing to prepare a valuation outside of Client’s valuation policy, Carta will inform Client of perceived audit risk associated with such variance.Delivery timingDeliver to Client an initial draft valuation within 15 business days after receipt of all required source data.After initial draft valuation has been delivered, Client may reach out to portfoliovaluations@carta.com with any follow up questions on the valuations.Iterations of the initial draft will be delivered within 3 business days of the requested update.Audit supportCarta will respond to written audit questions from Client directed to Carta within 5 business days.²Inform Carta of any written audit questions. If additional questions arise after Carta has responded, Carta will schedule a call with the Client and Auditor.Respond to audit questions relating to the selected multiples, weighting of multiple indications, and the incorporation of market trends into the analysis. (Note: Breakpoint calculations will not be provided in Excel format.)Provide the audit team with all source documents used in the valuation.Carta will provide audit support for the market driven inputs relied on in the valuation, including revenue and/or EBITDA multiples, volatility and risk free rate.Respond to audit questions relating to each Subject Company’s qualitative assumptions, the daily operation of the business, historical performance, or future performance. (661 words)
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- [Scope of Services: Carta Corporate Secretarial (Singapore - Limited Partnership with General Partner Entity) | support.carta.com](/content/support/kb/guide/en/scope-of-services-carta-corporate-secretarial-singapore-limited-partnership-with-general-partner-entity-dagtsaxvdg/steps/3724513/index.html): Scope of Services: Carta Corporate Secretarial (Singapore - Limited Partnership with General Partner Entity)First year fee includes both a one-time incorporation fee (if applicable) and the annual maintenance fee, and subsequent year fees will include the annual maintenance fee (plus any ad hoc services).  If you choose to independently form your own private limited company as a General Partner entity and would like to utilize Carta’s corporate secretarial service or if you are an existing customer and would like to transfer your corporate secretarial service from another service provider to Carta, the one-time incorporation fee will not apply, and the annual maintenance fee pricing will be determined based on the company structure and complexities. Carta will provide the following services:I.    Set UpA. Incorporation of General Partner Entity - Singapore Private Limited Company (if applicable) Carta will:Prepare all registration forms, including the Incorporation Questionnaire and the following statutory forms:Form 45 Consent to Act as DirectorForm 45B Consent to Act as Secretary (Carta)Share Application FormCompliance and screening of Director(s) and Initial Shareholder(s)Check for name availability and submit the reservation of name application with Accounting and Corporate Regulatory Authority (“ACRA”)Upon completion of compliance and screening of Director(s) and Initial Shareholder(s), submit the incorporation of company application with ACRASubmit Update Register of Registrable Controller with ACRAShare the softcopies the ACRA business profile report, Notice of Incorporation and Constitution  Preparation of digitalised statutory register, post-incorporation documents, share certificatesArrange the post-incorporation documents to be e-signed via DocuSign, namely:First Director(s)’ ResolutionNotice of Controller(s)’ Particulars (Beneficial Owner)Page 1 of Company’s Constitution for first shareholder(s)’ acknowledgementNamed Company SecretaryCreate CorpPass account and serve as the administrator of the account  You will provide Carta:Each Director’s ID, passport and latest (within 3 months) proof of residence Each Shareholder’s: (Individuals) certified true copies of ID, passport and latest proof of residence AND/OR (Corporates) certified true copies of Certificate of Incorporation, Latest Business Profile Report, Constitution, Certificate of Incumbency, Register of Members (further documents may be requested for to determine the the Beneficial Owners of the corporation)Completed and duly signed Client Acceptance Form and Incorporation QuestionnaireSigned post-incorporation documents:First Director(s)’ ResolutionNotice of Controller(s)’ Particulars (Beneficial Owner)Page 1 of Company’s Constitution for first shareholder(s)’ acknowledgementIn addition, you are responsible for:Setting up bank accounts with your choice of bankInforming and furnishing supporting documents at least 14 business days* in advance of any changes to the company’s or company officers’ details** *Exclude Singapore Public Holidays and following Carta Singapore’s business hours**Any late fees charged by ACRA due to the customer not providing the relevant supporting 14 business days in advance, the fees will be borne by the customer and paid upfront prior to Carta filing the lodgement . B. Incorporation of Limited Partnership (if applicable) Carta will:Prepare all registration forms, including the Incorporation Questionnaire and the following statutory forms:Consent to Act as General PartnerConsent to Act as Limited PartnerConsent to Act as Manager (if applicable - if GP and LP non-locally registered / residence)Compliance and screening of General Partner(s) and Initial Limited Partner(s)Check for name availability and submit the reservation of name application with ACRAUpon completion of compliance and screening of General Partner(s) and Initial Limited Partner(s), Submit the registration of LP with ACRAShare the softcopies the ACRA business profile report and Notice of Registration  Preparation of digitalised statutory register, post-incorporation documentsArrange the post-incorporation documents to be e-signed via DocuSign, namely:First Partner(s)’ ResolutionCreate CorpPass account and serve as the administrator of the account  You will provide Carta:Each General Partner’s (If Carta has not be appointed to incorporate GP): (Individuals) certified true copies of ID, passport and latest proof of residence AND/OR (Corporates) certified true copies of Certificate of Incorporation, Latest Business Profile Report, Constitution, Certificate of Incumbency, Register of Members (further documents may be requested for to determine the the Beneficial Owners of the corporation)Each Limited Partner’s: (Individuals) certified true copies of ID, passport and latest proof of residence AND/OR (Corporates) certified true copies of Certificate of Incorporation, Latest Business Profile Report, Constitution, Certificate of Incumbency, Register of Members (further documents may be requested for to determine the the Beneficial Owners of the corporation)Completed and duly signed Client Acceptance Form and Incorporation QuestionnaireSigned post-incorporation documents:First Partner’s ResolutionLPA for first shareholder(s)’ acknowledgement - if applicableCertificate of Incorporation of the Fund ManagerMAS approved Application (MAS Code) detailsMAS Exempted Application (Legal Opinion) [if any]Carta’s scope of services does not include:Provision of Local ManagerLimited Partnership Agreement (LPA)II.    Maintenance A. Annual General Meeting (“AGM”) and Annual Return - General Partner Entity Carta will work with you and a third party to:Prepare the AGM documents:Director(s)’ Resolution to approve financial statements and for convening of the AGMNotice of AGMConsent to Shorter Notice (if applicable)Attendance ListComplying the AGM documents into Minute book recording purposeCertificate by a Company Limited By SharesCertificate by an Exempt Private Company (if applicable)Statement by a Dormant Company Exempt From Requirements to Prepare Financial Statements (If applicable)Arrange the above mentioned documents to be e-signed via DocuSignSubmit the Annual Return lodgement with ACRA upon receipt of the signed documents together with the annual Financial Statements together and XBRL fileShare the latest ACRA business profile report upon receipt the next business days* Submit the application for extension of time with ACRA should you and your auditors need more time to hold the AGM or finalise the annual financial statement**You will:Furnish Carta with finalised and signed Annual Accounts / Financial Statements. Client to provide XBRL file to Carta for Annual Return filing.Ensure your tax filing agent has filed the relevant corporate tax returns with the Inland Revenue Authority of Singapore (“IRAS”)Inform us should there be a requirement to apply for extension of time with ACRA at least 14 business days * from the deadline to hold AGM / file Annual Return (ACRA grace period - 6 months from financial year end date)*Exclude Singapore Public Holidays and following Carta Singapore’s business hours** Fees charged by ACRA in relation to requesting for time extension by the customer will be borne by relevant customer paid upfront prior to Carta applying for the extension of time .B. Renewal Of Limited Partnership Carta will work with you and a third party to:Renew your LP - either for a period of 1 year or 3 years:Issuance of our invoice for the renewal ACRA fees (upfront)Submit the Renewal of LP lodgement with ACRA upon receipt of payment to our invoiceShare the latest ACRA business profile report upon receiptYou will:Ensure your tax filing agent has filed the relevant corporate tax returns with the Inland Revenue Authority of Singapore (“IRAS”) There is no outstanding CPF contributions (medisave) - if applicableConfirm with Carta the intention to renew LP status within 14 business days* of receiving ACRA notification to renew. *Exclude Singapore Public Holidays and following Carta Singapore’s business hours.** Fees charged by ACRA in relation to requesting for time extension by the customer will be borne by relevant customer paid upfront prior to Carta applying for the extension of time. (2,601 words)
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- [Scope of Services: Carta Fund Tax Preparation (Luxembourg) | support.carta.com](/content/support/kb/guide/en/scope-of-services-carta-fund-tax-preparation-luxembourg-mrxnrgng22/steps/3724775/index.html): Scope of Services: Carta Fund Tax Preparation (Luxembourg)Carta Fund Tax Preparation is an add-on service not included in your Carta Fund Administration subscription. Per annum pricing will be determined based on your individual fund structure, needs, and complexities. Carta Fund Tax Preparation - Base ServicesIncluded in the base Carta Fund Luxembourg Tax Preparation package, Carta will work with you to:Prepare and file your Luxembourg annual Partnership tax returnsIncluded in the base Carta Fund US Tax Preparation package, Carta will work with you to:Prepare and distribute Proforma of Form 1065 and Schedule K-1Premium Tax Preparation ServicesDepending on your fund structure, you may need the following services that are not included in the base Carta Fund US Tax Preparation subscription based on the below characteristics, including but not limited to:Prepare and file your funds’ federal tax return (Form 1065)Prepare and distribute Schedule K-1s for partnersPrepare, file, and distribute state filings for your fund and partners (when required) Premium Tax Preparation Services are provided for an additional fee. Talk to your Carta representative to discuss any filings not listed above. Fees will be billed to Client upon completion of tax filing. Not SupportedWhile most funds are able to be serviced by Carta Fund Tax, the product will be unable to support funds with any of the following non-standard characteristics: Entities not administered through CartaNon-accrual books Non-calendar tax yearsInvestments in cryptocurrenciesInvestments in real estate or other non-venture asset classes Fund structures with master feeder or blocker entitiesAny other non-standard characteristics as identified by Carta from time to timeClient ResponsibilitiesClient must confirm their fund’s data, including but not limited to the asset(s) held, by January 5 of the year of the applicable US tax filing deadline.Client will authorize Carta to append their signature to an e-file authorization form so Carta can file tax returns on their behalf.Client is responsible for their fund’s investors confirming their respective tax information in the Carta platform by January 5 of the year of the applicable US tax filing deadline.Once Client has submitted all required information, Carta will make initial draft Form 1065s and draft Form K-1s available to Client for review by Client. Such drafts will be subject to further review and revision by Carta’s tax team, and updated versions will be made available to Client for review and approval before being submitted to the IRS for filing.Client shall be responsible for approving and, if applicable, signing tax forms prior to filing by Carta.If the deadlines set forth above are not met or if Client or Client’s investors provide incorrect information:Carta shall not be responsible for any penalties due to late or incorrect filings.Carta shall not be responsible for late tax payments.Carta may file extensions where necessary.By engaging Carta, Client authorizes Carta and its affiliates to review all information about Client and its partners that Client or its partners provide to or receive from any Carta affiliate.Additional terms and conditions apply: https://carta.com/legal/agreements/tax-preparation-product-specific-terms     DISCLOSURE: This communication is on behalf of eShares Inc., dba Carta, Inc. and its affiliates ("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. Carta does not assume any liability for reliance on the information provided herein.©2024 eShares, Inc. dba Carta, Inc. All rights reserved. (578 words)
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- [Scope of Services: Cap Table Vehicle (CTV) | support.carta.com](/content/support/kb/guide/en/scope-of-services-cap-table-vehicle-ctv-wr6knxplne/steps/3724903/index.html): Scope of Services: Cap Table Vehicle (CTV)One-Time US CTV Formation with Lifetime Administration & Bank Account Included Formation and Corporate Services Carta will:Establish a series of Vauban Platform LP, a Delaware multi-series limited partnership (the “CTV”), a hosted SPV entity for which investment advisory services are provided by a Carta Affiliate operating as an Exempt Reporting Adviser under the Investment Advisers Act of 1940.Engage a Delaware registered agent selected by Carta, as may be required.Obtain an EIN for the CTV (the tax filing number needed to open a bank account).Open bank or brokerage accounts for the CTV as necessary to facilitate payments to and from investors, whether domestic or international.File Form D for the CTV.Complete state blue sky securities filings for the CTV. Client shall be responsible for payment of any blue sky filing fees.Maintain the corporate books and records of the CTV.Establish a unique profile for the CTV on the Carta platform.Circulate investor communications and statements through the Carta platform, where relevant.Upon exit, manage the distribution of proceeds in any liquidity event, or provide a target investment or any shareholder representative or escrow/transfer agent with information about each holder of a carried interest and each CTV investor’s indirect interest in the target investment.Accounting Services Carta will:Perform accounting for transaction(s) that the CTV enters into.Maintain and store any documentation or records in relation to transactions carried out pursuant to such CTV’s purpose.¹Perform calculations of distributions upon exit.Ongoing Tax Return Preparation Services Carta will:²Where required, file Form 1065 partnership return form for the CTV.Where required, file tax returns for the CTV and furnish each investor with schedule K-1s.Compliance Services Carta will:²Onboard Client for KYC purposes.Onboard CTV investors in the CTV for KYC purposes.Perform KYC on portfolio company prior to investment.Admission of investors or other parties into the CTV, as well as use of the SPV for a particular portfolio company investment, is contingent upon KYC and other regulatory compliance restrictions, including but not limited to:Restrictions on the number of beneficial owners in a CTVRestrictions on the percentage of benefit plan investors in a CTVEXCLUDED SERVICESCarta will not provide or send correspondence letters between the IRS or state taxing authority (“Taxing Authority”) on behalf of the CTV or entity of Client unless agreed upon by Client and Carta and at the applicable rate.Carta will not provide correspondence and/or prepare other tax materials on behalf of the CTV and/or Client pertaining to matters outside of the direct preparation of the Partnership return (1065/K-1/relevant state) for the CTV.Carta will not send abatement letters to any Taxing Authority requesting a refund or abatement unless agreed upon by Client and Carta and at the applicable rate.If Carta has already prepared or filed Form 1065 using information provided by Client to perform such work and such tax return requires an amendment or a correction of the tax return, then Client must pay Carta the applicable rate to amend the tax return or re-prepare the tax return, including any correspondence with the IRS to complete such amendment.Carta will not provide any investment advice to the CTV or the Client and will not make any recommendations as to the investments to be acquired, held or sold by the CTV.Carta will not provide any audit support.MANDATORY CONDITIONSThe CTV shall at no time operate in a manner that characterizes its activities in an active manner or as an operating business and must at all times be a purely-passive investment vehicle.The CTV must be pursuant to the acquisition and disposal of a single interest or deal and shall not be permitted to acquire interests in more than one underlying asset.The investment of the CTV shall at no times be a target company that is a pass-through entity, Passive Foreign Investment Company or Controlled Foreign Corporation for tax purposes.Carta must be given any and all visibility over any such activities of the CTV itself, including any material changes to the underlying portfolio investments (including revaluations, liquidation or bankruptcy).Client Responsibilities Client will:Assist Carta from time to time to perform the services hereunder, including, but not limited to, providing Carta with all reasonably required information in respect of the target company, the CTV, Client, and the CTV’s investors.Provide Carta with the following information via the Carta platform:the desired name of the CTVthe target amount to be raised by the CTVthe description of the target investment (e.g. type of security, name of portfolio company, etc.)the investment memo of the target investmentpayment instructions (where relevant)the minimum investment amount per investorany other information as may be requested from time to time by CartaPay for or reimburse Carta for any ad hoc tax fees or costs of obtaining experts incurred by Carta in complying with any foreign filings, distribution costs, or expenses.Services not included in this scope may be subject to additional fees. Add-on ServicesTransfer of interest$1,000 eachAdditional close (same asset and same terms)$3,000 each (1 maximum)¹ All documents (including but not limited to transaction agreements, stock certificates, etc.) will be stored in electronic formats only. Carta will not accept any paper documents. ² Subject to provision of requested information by Client and CTV investors. . DISCLOSURE: This communication is on behalf of eShares, Inc. dba Carta, Inc. ("Carta"). This communication is for informational purposes only, and contains general information only. Carta is not, by means of this communication, rendering accounting, business, financial, investment, legal, tax, or other professional advice or services. This publication is not a substitute for such professional advice or services nor should it be used as a basis for any decision or action that may affect your business or interests. Before making any decision or taking any action that may affect your business or interests, you should consult a qualified professional advisor. This communication is not intended as a recommendation, offer, or solicitation for the purchase or sale of any security. Carta does not assume any liability for reliance on the information provided herein. Please refer to important disclosures found at https://carta.com/legal/agreements/syndicate-spv-disclosure/ © 2024 eShares Inc., d/b/a Carta Inc. ("Carta"). All rights reserved. Reproduction prohibited. USE OF CTV FORMATION DOCUMENT TEMPLATES IS ENTIRELY AT YOUR OWN RISK AND SUBJECT TO CARTA’S LEGAL DOCUMENTS TERMS OF USE AND DISCLAIMER LOCATED AT https://carta.com/privacy/document-generation-terms-and-conditions/. CARTA ASSUMES NO LIABILITY FOR THE USE OF OR RELIANCE ON THESE DOCUMENT TEMPLATES. Carta does not guarantee such document templates’ applicability or accuracy in regard to your particular circumstances. These document templates are provided “as is” without warranty of any kind, either express, implied, or statutory, including without limitation, warranties of merchantability, fitness for a particular purpose, satisfactory purpose, title or noninfringement. Some jurisdictions do not allow the exclusion of implied warranties, so these exclusions may not apply to you. (902 words)
- [Introducing Carta Carry: The First Mobile App for Fund Administration](/content/product-updates/introducing-carta-carry/index.html): Carta Carry will help you save time, increase transparency with your fund administration team, and ensure accuracy across fund operations. (658 words)
- [Scope of Services: US Due Diligence (US OFAC Sanctions Only) | support.carta.com](/content/support/kb/guide/en/scope-of-services-us-due-diligence-us-ofac-sanctions-only-dghftkxa0g/steps/4297491/index.html): ServiceCarta ResponsibilitiesClient ResponsibilitiesDue Diligence Screening - OFAC Sanctions Only for U.S. based FundsProvide a report of findings to Client with the following information within an estimated 3-5 business days of Carta receiving all necessary information from Client:  Initial sanctions watch list screeningInvestors reviewed as part of this service will be screened against the  OFAC SDN (Specially Designated National & Blocked Persons) watch list.Perform recurring screening of names against the above sanctions watch list.Client (either through Client’s GP or Client’s legal counsel) must first provide Carta with all necessary information, as follows:  For individuals:NameTitlePersonal addressDate of birthGovernment-issued ID number (SSN for U.S. individuals)Non-expired government-issued photo ID (not required for U.S. individuals if SSN provided, required for non-U.S. individuals for verification).For entities:Formation documentsNameAddressGovernment-issued ID number (EIN for U.S. entities).Client to provide Carta with individual information for beneficial owners with 25% or more ownership and one (1) control person for entity LPs:NameTitlePersonal addressDate of birthGovernment-issued ID number (SSN for U.S. individuals)Non-expired government-issued photo ID (not required for U.S. individuals if SSN provided, required for non-U.S. individuals for verification). *All Carta SLAs exclude public holidays and office closures. Expedited service may be provided for an additional fee.   Please note: If the expedite service is added, the delivery time will be an estimated  2-3 business days from when documentation is provided to Carta  This scope  is designed for funds domiciled in the US and  meets the  U.S. standards for Anti-Money Laundering (AML) and Know Your Customer (KYC) identity verification. It may not be suitable for funds domiciled in other jurisdictions.  This scope of service is a supplemental service to support a BSA/AML program that is owned by the Client.  If contracted for KYC as a service, please note that Carta does not act as the Client’s BSA/AML Officer; supplemental Compliance Officer, and/or General Counsel. The contracted service does not replace the need for an independent BSA/AML program owned by the Client.  This scope of service does not include nor does Carta provide guidance to the Client in regards to customer/investor risk, customer compliance, geographic risk, or compliance/legal ramifications of non-compliance to BSA or other applicable regulations.  The Client owns the compliance risk and ultimately responsibility for their own BSA/AML program.  DISCLOSURE: This communication is on behalf of Carta Investor Services, Inc. ("Carta"), an affiliate of eShares Inc., d/b/a Carta, Inc. ("Carta, Inc."), and is not to be construed as legal, financial, accounting or tax advice; it is for informational purposes only. This communication is not intended as a recommendation, offer or solicitation for the purchase or sale of any security. Neither Carta nor Carta, Inc. assumes any liability for reliance on the information provided herein. (476 words)
- [Scope of Services: Carta Fund Tax Preparation | support.carta.com](/content/support/kb/guide/en/scope-of-services-carta-fund-tax-preparation-v7r8i0uimy/steps/3724468/index.html): Scope of Services: Carta Fund Tax PreparationCarta Fund Tax Preparation is an add-on service not included in your Carta Fund Administration subscription. Per annum pricing will be determined based on your individual fund structure, needs, and complexities.  Fund Tax Preparation - Base ServicesIncluded in the base Carta Fund Tax Preparation package, Carta will work with you to:Prepare and file your fund’s federal tax return (Form 1065)Prepare and distribute Schedule K-1s for partners Prepare and file required state tax returns when necessary for federal compliance or investor (LP resident) state obligations; state-only filing services are not providedAdditional entities, such as parallel, feeder, or blocker entities, require separate subscriptions.Extensions Carta’s tax return filing services are contingent upon tax extensions. Carta will file extensions with the IRS and any applicable states on the taxpayer entity’s behalf. For state extensions, Carta determines residency state filing requirements based on partner addresses that have been provided by Client byJanuary 31 following the tax year. Carta is not responsible for late filings due to missing or incorrect state residency information.Final Tax YearYou must promptly notify Carta Tax of any planned wind-up or dissolution of your entity. Extensions must be filed within 2.5 months of dissolution. Carta will assist with preparing your entity’s final year tax return. Payment for tax return preparation services will be due at the time of dissolution.International Add-On PackageFor funds with international investments or partners, you will require additional services not included in the base services. The international add-on package includes:Up to 5 international holdings Does not include the following Additional Tax Preparation Services (see below - provided for an additional fee):Testing for passive foreign investment companies and/or filing of Form 8621, Information Return by a Shareholder of a Passive Foreign Investment Company or Qualified Electing FundInternational holdings over 10% or over 50%Form 5471, Information Return of U.S. Persons With Respect To Certain Foreign CorporationsForm 5472, Information Return of a 25% Foreign-Owned U.S. Corporation or a Foreign Corporation Engaged in a U.S. Trade or BusinessForm 8865, Return of U.S. Persons With Respect to Certain Foreign PartnershipsForm 8938, Statement of Specified Foreign Financial Assets Up to 20 international partnersIncludes:Form 1042, Annual Withholding Tax Return for U.S. Source Income of Foreign Persons, and Form 1042-S, Foreign Person's U.S. Source Income Subject to Withholding (where necessary)Form 8804, Annual Return for Partnership Withholding Tax (Section 1446), Form 8805, Foreign Partner's Information Statement of Section 1446 Withholding Tax, Form 8813, Partnership Withholding Tax Payment Voucher (Section 1446) (where necessary)Additional Tax Preparation ServicesDepending on your entity structure, you may need certain additional forms or services that are not included in the base Carta Fund Tax Preparation subscription.Foreign portfolio holdings (with additional complexity for those with >10% or >50% ownership)Foreign partnersForeign bank accountsInvestments in cryptocurrency, tokens, token warrants, NFTs or other digital assetsPass-through or fund of fund investmentsOther filings as needed based on fund characteristicsAdditional Tax Preparation Services are provided for an additional fee. Talk to your Carta representative to discuss any filings not listed above. If not included in engagement letter pricing, fees will be billed to Client upon completion of tax filing. Not SupportedWhile most funds are able to be serviced by Carta Fund Tax, the product will be unable to support funds with any of the following non-standard characteristics:Entities not administered through CartaAny other non-standard characteristics as identified by Carta from time to time  Client ResponsibilitiesRequired InformationPrior Year Tax Returns: Client shall provide Carta with the entity’s previous tax documents, if any. If applicable, Client shall facilitate the transfer of prior year tax data from the prior year tax provider to Carta.Approval of Extension Filing: Carta will automatically file extensions for all taxpayer entities. Where necessary, Client shall provide written approval and/or signature for such extension.Fund Information Accuracy: Client must confirm the fund’s data in the Carta platform, including but not limited to the asset(s) held, by January 31 of the year of the applicable tax filing deadline.Investor Information Accuracy: Client is responsible for the fund’s investors confirming their respective tax information in the Carta platform by January 31 of the year of the applicable tax filing deadline.Additional Information: Client will furnish any additional documents or data as reasonably requested by Carta in order to facilitate service, delivery and completion of service.Review, Approval, and FilingAfter Client has submitted all required information, Carta will prepare tax returns and provide returns to Client for review in the Carta platformClient shall provide final approval and sign the e-file authorization(s) in the Carta platform. After Client authorization is finalized, Carta will electronically file tax returns with the IRS and applicable states.ConditionsIf the above deliverables are not received, the above deadlines are not met, or if Client or Client’s investors provide incorrect information:Carta shall not be responsible for any interest, fines, or penalties due to late or incorrect filings.Carta shall not be responsible for late tax payments. Filing Superseded Returns / Amended Returns and/ or Notice Responses and/or Abatement (if eligible)
Depending on your needs, there may be a need for certain additional forms or services to be filed to the Tax authorities that are not included in the base Carta Fund Tax Preparation subscription including:Prepare and file Superseded returns Prepare and file Amended returns Prepare and file Notice Responses and/or Abatement (if eligible) Client Responsibilities Required Information Updating Tax Workpapers and Tax Return (s): Client must update Carta confirming that they will need to file for Notice Responses and / or Abatement (if eligible), Superseded Returns and Amended Returns
 Review, Approval, and FilingAfter Client has submitted all required information, Carta will prepare  Superseded tax returns (if applicable) and provide to Client for review in the Carta platform. In the event of any impact to K-1s based on the updated information shared by the Client, Carta will share the updated K-1, if applicable, with Client for review and approval.   Carta will share amended tax returns (if applicable)  via dataroom links or box links.   By engaging Carta, Client authorizes Carta and its affiliates to review all information about Client and its partners that Client or its partners provide to or receive from any Carta affiliate.  Carta reserves the right to reassess the fee structure for tax preparation services if there are changes to tax laws or regulations that result in a material increase in the complexity of Carta’s services. Carta shall provide Client with at least 30 days’ notice in advance of any such fee increase.  Additional terms and conditions apply: https://carta.com/legal/agreements/tax-preparation-product-specific-terms 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. Carta does not assume any liability for reliance on the information provided herein.  
©2024 eShares, Inc. dba Carta, Inc. All rights reserved.
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- [Due Diligence Scope of Services: Know-Your-Transaction (“KYT”) | support.carta.com](/content/support/kb/guide/en/due-diligence-scope-of-services-know-your-transaction-kyt-sxyycvmagm/steps/4507310/index.html): Due Diligence Scope of Services: Know-Your-Transaction (“KYT”)SERVICECARTA RESPONSIBILITIESCLIENT RESPONSIBILITIESDue Diligence on Investment entity/ PortfolioCarta will provide the AML/KYC services, including conduct due diligence on the target entity and its connected parties, as follow: A. Information/ document collection1. Collect relevant documents and information on the targeted entity and its connected parties, such as –- Corporate documents- Individual documents- Management account- Pitch deck- Investment Memo Summary- Controlling person- Founders and/or beneficial ownerB. Due Diligence1. Review documents/ information collected to identify, verify and understand the targeted entity and its connected parties, such as -- Entity information and business activities- Financial status – profit or loss- Controlling person- Founders and/or beneficial owners and /or investors holding 10% or more interest, where applicable2. Conduct screening on the targeted entity and its connected parties for the following watchlists:- Politically Exposed Person (PEP) list;- Sanctions list;- Enforcement list; and- Adverse media3. Perform risk rating assessment on the targeted entityC. Periodic monitoring during contracting periodic1. Review and request updated documents so as to maintain the entity information up-to-date2. Conduct screening3. Provide update to the Client on any change in the screening and risk ratingD. Recurring screening on applicable parties during contracting period (if engage Carta for recurring KYT service)Client (either through Client’s GP or Client’s legal counsel) to provide Carta with all necessary KYC documents containing the relevant information required by Carta to perform due diligence on the target entity and its connected parties. The information/documents such as:For targeted entities:- Formation documents;- Register of Directors and Controlling Persons;- Register of Founders/ Shareholders/ Beneficial owners/ Investors;- Source of Funds and Source of Wealth Declaration;- Latest financial statement; and- Identification and verification of IDs of each director, controlling person, founder/ shareholder/ beneficial owner/ investor.Note: List of KYC documents required subject to the types of entityThis scope of service does not include, nor does Carta provide guidance to the Client in regards to customer/investor risk, customer compliance, geographic risk, or compliance/legal ramifications of non-compliance to BSA or other applicable regulations. The Client owns the compliance risk and ultimately responsibility for their own BSA/AML program. DISCLOSURE: This communication is on behalf of Carta Investor Services, Inc. ("Carta"), an affiliate of eShares Inc., d/b/a Carta, Inc. ("Carta, Inc."), and is not to be construed as legal, financial, accounting or tax advice; it is for informational purposes only. This communication is not intended as a recommendation, offer or solicitation for the purchase or sale of any security. Neither Carta nor Carta, Inc. assumes any liability for reliance on the information provided herein.  (423 words)
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- [Scope of Services: Carta Europe Investor Due Diligence | support.carta.com](/content/support/kb/guide/en/scope-of-services-carta-europe-investor-due-diligence-uksk2tyq08/steps/3724844/index.html): Scope of Services: Carta Europe Investor Due DiligenceSERVICECARTA RESPONSIBILITIESCLIENT RESPONSIBILITIESInvestor AML/KYCCarta will provide the AML and KYC services, including Customer Due Diligence (“CDD”) for all investors and its relevant parties, as follow: Onboarding Collecting and reviewing of CDD documents and relevant information as required Identification and verification of the identities of the investor and its related parties, such as - Individuals;Identification verification of individualsEntity information;Control person of the entity;Individual beneficial owners as applicable; andVerification of IDsConduct screening on the investor and its related parties and provide a report to the Client on the results for the following:Politically Exposed Person (PEP) list;Sanctions list;Watch list;Enforcement list; andAdverse media.Perform risk rating assessment on the investor Periodic ReviewObtain and review updated CDD informationConduct screeningPerform risk rating assessmentProvide update to the GP on any change in the screening and risk rating Perform ongoing monitoring for the contract period.Client (either through Client’s GP or Client’s legal counsel) to provide Carta with all necessary KYC documents containing the relevant information required by Carta to perform the AML/KYC services on the investor and its related parties. Investor’s KYC documents such as: For Individuals: Photo IDCurrent PassportPhotocard Driving LicenceGovt issued ID cardTax IdentificationTax identification number NIN/UTR/SSNFATCAProof of address dated within 3 calendar monthsUtility bill (dated within the past 3 months - please note that mobile phone bills are not accepted)Bank statement (dated within the past 3 months)Letter from Government or your local authority (dated within the current financial year)Tenancy agreement (not from a private landlord and must be dated within the past 12 months)Home Insurance (dated within the past 12 months)Source of Funds and Source of Wealth Declaration and its supporting documentBank detailsFor entities:Copy of formation documents;Company registration numberTax Identification NumberBank detailsUS PersonFATCACRS classificationRegister of Directors and Controlling Persons;Register of Shareholders;Source of Funds and Source of Wealth Declaration;Latest financial statement, Management accountsIdentification and verification of IDs of each director, controlling person and shareholder. (beneficial owner with more than 25% or 10% or more ownership in some instances). Current Passport, Photocard Driving Licence, Govt issued ID card.NOTE: List of KYC documents required subject to the types of investors. (421 words)
- [Scope of Services: Co-Investment GP/LP SPV Administration | support.carta.com](/content/support/kb/guide/en/scope-of-services-co-investment-gp-lp-spv-administration-lwxlfkdejw/steps/3984239/index.html): Scope of Services: Co-Investment GP/LP SPV Administration Per annum pricing includes administration services by Carta. Pricing will be determined based on your individual special purpose vehicle (SPV) structure, needs, and complexities. Please take note of the client deliverables and related timelines outlined below, as they will impact service and turnaround by the Carta team. We look forward to your continued partnership. I. SPV Administration SPV Structure  Carta will only support the following SPV structures and selections: United Kingdom (UK)  Private Fund Limited Partnership (Partnership), with an appointed General Partner and an FCA-registered Alternative Investment Fund Manager, or the foreign equivalent One direct investment transaction into a single asset (indirect and/or multiple transactions are not permitted unless scoped and approved by your Carta representative. Additional fees may apply) SPV activity must remain passive at all times; the SPV may not engage in any operations that would characterise it as an active business or operating entity  A maximum of 99 investor members can be onboarded to participate in the SPV Additional close (it must align with the same investment terms as the first close, occur within 90 calendar days of the first close, and take place within the same tax year as the first close)*  Carry: 0-100% fixed or more complex carry Management fees (on top of investing amount): Waived OR 0-100%  Setup costs (on top of investing amount): Waived OR 0-100% of committed capital   Audited SPVs * No other SPV structures or selections are supported at this time.  * Subject to additional fees. The fee for any additional closing is non-refundable once payment has been disbursed from the SPV bank account to the portfolio company.   SPV Sectors and Strategies    Portfolio investments made by the SPV must comply with Carta’s compliance requirements. Carta will provide support for varied sectors and strategies, yet limitations are:   No PE-style investments, only investments in early-stage private companies  No crypto-related investments (no crypto tokens or SAFTs)  No private debt  No real estate or other non-venture asset classes   Where the SPV invests in a US portfolio company, all participants in the SPV, including non-US investors, must hold accredited investor status. This will be a requirement of the US portfolio company.    For queries on specific sectors or strategies, please talk to your Carta representative. Books and Records Carta will update and maintain the accounting books and records for the SPV. You will have easy, read-only access to review the books and records.   For the SPV, Carta will: Maintain total capital called and distributions received for indirect investmentsProvide the valuation of the investment at cost (at the time the investment was made). Necessary documents or information you will provide Carta:²Fully executed constitutional documentation (Limited Partnership Agreement) with list of commitments and carry percentage by member*  Fully executed subscription packets* Side Letters* Tax Fillings and K-1s (if applicable)  Onboarding data including CRS/FATCA self-certification, contact information* Submit any activity or changes to the SPV or underlying investment (including, but not limited to, re-valuations, liquidation, bankruptcy, etc)  * If you have purchased SPV Formations services with SPV Administration, we will already have this information.Bank AccountsCarta will:Set up electronic payments for all cash activity as requested³ Confirm all SPV expenses (including management fee calculations) are done in accordance with the SPVs operating agreementsProvide annual cash reconciliation  Input payments into the bank portal and submit for you to approve and release You will:Provide Carta access to the SPV’s bank account and any brokerage, custody or investment accounts as required (bank must have two step-authorisation capability and account must be in the SPV’s name)Provide Carta wire or other payment instructions, invoices for expenses, and executed purchase documents for investments Approve and release payments initiated by Carta on the bank portalNot share banking details with investors off the Carta platform¹Ensure investors are fully informed and refrain from funding the SPV bank account until they have successfully completed the necessary “Know Your Customer” (KYC) and “Anti-Money Laundering” (AML) checks.     You are responsible for:Where you do not instruct Carta to set up a bank account for the SPV, setting up the bank accounts with your chosen banking partner as approved by Carta*Final review and releasing of payments after you receive confirmation from CartaPerforming any call backs to your vendorEnsuring accurate user profile setup within the Carta platformEstablishing authorised access to your bank accountResolving any failed, rejected, returned, or on hold payments due to additional information or documentation needed by your banking partner * Change in banking partner may result in a fee adjustment. These services are subject to the Fund Administration Payment Terms and Conditions located at https://carta.com/legal/agreements/fund-administration-payment-terms-conditions/. Financial Statements Carta will prepare and share with you Financial Statements (balance sheet and profit and loss statement).  In order for Carta to provide financial statements, you will provide Carta¹ month post-onboarding:Prompt notification of your first SPV closing and each additional closingAll previous filings of the SPV Access to the SPV’s bank account as required, with the ability to set up payments (bank must have two step-authorisation capability and account must be in the GP entity or Manager’s name)Authorisation codes for online filings SPV operating documentation and any ancillary documentationInvestment documentationSupporting documentation for any incoming/outgoing payments Cash DistributionsCarta will:Perform waterfall calculations in accordance with the SPV’s operating agreementsSend notifications to investors to update their wire instructions on the Carta platform¹Set up distribution wires in the SPV bank account, as approved You will:²Provide amounts to be distributed and final sign-off on calculations*Approve distribution wires when requiredFollow-up with investors to confirm wire instructions beyond the first failed attempt* 5 business days notice required for distribution calculation requests. After receiving your final approval, Carta will process payments to investors within 14 business days. Stock DistributionsCarta will:Perform waterfall calculations in accordance with the operating agreementsProvide allocation of shares to your third-party brokerages to facilitate distributionsYou will:²Provide number of shares to be distributed and final sign-off on calculations*Collect instructions from investors and coordinate with your selected third-party brokerage firm Open a brokerage account for the SPV, where required*10 business days notice required for distribution requests. After receiving your final approval, Carta will draft and publish distribution notices on the Carta platform¹ within 3 business days. To discuss any services that are outside of the scope addressed above, please talk to your Carta representative.  Tax Preparation - US Module 
If you have purchased Tax Preparation - US Module, in addition to the services detailed in the Scope of Services: Carta U.S. Tax Preparation for Non-U.S. Funds, Carta covers: 506(b) exemption registration application with the SEC:prepare and file the Form ID application prepare and file the Form D application Prepare and submit Blue Sky Filings – ADDITIONAL SERVICES Carta can assist with the following additional Administration Services, subject to additional fees: Bank Account Set-UpAudit support Transfer of InterestsSide Letter for Waived Carry Side Letter for Bespoke Fees Tax preparation - US ModuleBank Account Set-UpCarta will facilitate the establishment of a dedicated bank account for the SPV through one of its partner banking providers, ensuring it is properly configured to support SPV operations and investor transactions. Audit Support Carta will provide support for SPVs that are audited annually, however Carta will not support SPVs that are audited for any shorter period (i.e. quarterly). If you have an audited SPV, Carta will:Provide books, records, and supporting documentation to your auditorComplete template for audit confirms; auditor to send and collect from various parties (portfolio companies, banks, legal counsel, etc.)Distribute audit report generated by your auditor through the Carta platform¹You will:³Coordinate execution of the audit engagement letter (one quarter prior to the entity’s financial year end), audit representation letter, audit confirms, etc. with executed copies to Carta as applicable Manage relationship with auditor, including completion of audit notes and ongoing questions and requests from the audit team   Complete and deliver audit reports in a timely mannerCollect AEOIs, and other valuation support for portfolio companiesProvide industry and geography details as well as updated contact info for all portfolio holdingsProvide SPV’s valuation policy and valuation support to substantiate any discretionary valuation adjustments or approaches consistent with industry standardsCollect capitalization tables and annual financial statements for portfolio companiesTransfer of Interests
Carta will  assist with transfers of interest services only if you meet one of the following criteria: You are investment manager regulated by the Financial Conduct Authority (FCA)  You are an appointed representative acting as an agent for a financial services firm authorised by the FCA You operate outside the United Kingdom as investment management entity or agent holding equivalent authorisation or licensing requirements from a regulatory authority with similar oversight and requirements as the FCA  Carta can provide support in executing a transfer of interests when an investor sells their participation to another investor. This applies whether the buyer is a new investor joining the partnership or an existing investor acquiring additional interests. As part of this service:  Carta will: Prepare and provide the necessary transfer agreements, including details of the transfer of interest Conduct KYC (Know Your Customer) processes for any new investor joining the partnership Distribute the agreements for execution by all relevant parties Reflect the updated ownership structure on the Carta platform You will: Supply all required information to complete the transfer agreements Provide required details of the new investor to be added to the platform thereafter liaise with the new investor to provide all required KYC information Review and approve the agreement, running any necessary adjustment on the document provided by Carta if requested by your legal counsel. Provide Carta with the  proof of payment from the buyer to the seller Side Letters  Carta can assist in preparing a side letter to partially or fully waive carried interest or management fees for specific investors. This service is available when you wish to offer certain investors terms that differ from those outlined in your operating agreement.  Carta will: Prepare and provide the side letters Distribute the side letters for execution to all relevant parties Update Carry and/or Management Fees calculations on Carta platform to reflect the side letter You will: Supply all required information to complete the side letters Review and approve the side letter, running any necessary adjustment on the document provided by Carta if requested by your legal counsel. Tax Preparation - US Module  If you have purchased Tax Preparation - US Module, in addition to the services detailed in the Scope of Services: Carta U.S. Tax Preparation for Non-U.S. Funds, Carta covers: 506(b) exemption registration application with the SEC:prepare and file the Form ID application prepare and file the Form D application Prepare and submit Blue Sky Filings  ¹The Carta platform means the online dashboard(s) made available to you by us and its/their related digital applications. ²Additional documentation or information may be required as circumstances warrant. ³Subject to Carta’s AML/KYC requirements and any requirements from the relevant banking partner.DISCLOSURE: This communication is on behalf of Vauban Technologies Limited ("Carta"). Carta provides formation, administration and related services in the UK to entities regulated by the UK Financial Conduct Authority (FCA), including Alternative Investment Fund Managers (AIFMs), investment firms, and other FCA authorised entities, as well as their appointed representatives acting as agents for FCA-authorised firms or, if permitted, foreign regulated firms with appropriate regulatory oversight. Carta may engage with such potential clients as such entities are in the process of obtaining required regulatory approvals. However, certain services may be restricted or unavailable until appropriate authorisation is granted. Clients falling into this category will be referred to a law firm or other fiduciaries for certain services, including formation services. Our services are not available to unregulated entities or individuals. Nothing on this website constitutes an offer, solicitation, or advice to unregulated parties. This communication is for informational purposes only, and contains general information only.  Carta is not, by means of this communication, rendering accounting, business, financial, investment, legal, tax, or other professional advice or services.  This publication is not a substitute for such professional advice or services nor should it be used as a basis for any decision or action that may affect your business or interests.  Before making any decision or taking any action that may affect your business or interests, you should consult a qualified professional advisor.  This communication is not intended as a recommendation, offer, or solicitation for the purchase or sale of any security. Carta does not assume any liability for reliance on the information provided herein.© 2025 eShares, Inc. dba Carta, Inc. All rights reserved. Reproduction prohibited. (1,814 words)
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- [Scope of Services: SPV Administration | support.carta.com](/content/support/kb/guide/en/scope-of-services-spv-administration-grcmxxzwle/steps/3724480/index.html): Scope of Services: SPV Administration Per annum pricing includes administration services by Carta. Pricing will be determined based on your individual SPV structure, needs, and complexities. (1,479 words)
- [Scope of Services: Premium Institutional SPV Formation and Administration | support.carta.com](/content/support/kb/guide/en/scope-of-services-premium-institutional-spv-formation-and-administration-tptqc56ppv/steps/4071967/index.html): Scope of Services: Premium Institutional SPV Formation and AdministrationPer annum pricing includes both formation and administration services by Carta. If you choose to form your own SPV, but utilize Carta’s administrative services, the per annum fee will still apply. Pricing will be determined based on your individual SPV structure, needs, and complexities.I. SPV Formation Client is responsible for remaining in compliance with all applicable laws, rules, and regulations.  There is a one-time implementation fee of $1,500 for Carta’s SPV formation services.SPV Structure Carta’s formation document templates will only support the following SPV structures, strategies, and selections:Delaware LLC or LP entity - must designate your own manager or general partner entity (as applicable)Single assetCarry: 0-100% fixed or more complex carry (premium return, preferred return)Expense Reserve (on top of commitment): 0-100% of committed capital Management Fees (on top of commitment): Waived OR 0-100% of committed capitalUnaudited or audited SPVs Portfolio Company Investment or Fund of Funds SPVs You can also work with your own legal counsel to customize the Operating Agreement (for an LLC) or Limited Partnership Agreement (for an LP) to include:Preferred returns or complex waterfallsCustom Fees (on top of commitment)No other SPV fund structures or selections are supported at this time.  SPV Formation ServicesIncluded in SPV formation, Carta will work with you and a third party to:Obtain your EIN Form your SPV as an LLC or LP in the state of DelawarePay your one-time Delaware LLC or LP formation filing fee Pay your first year Registered Agent fee Expedited formation. Expedited formation with 2-hour Delaware turnaround  is available, but you must provide advance notice of your timeline requirements to your Carta representative so that expedited services can be provided. Formation information must be submitted by 5PM EST.    On the Carta platform, Carta will also:Create an account for your SPVSet up a data room and provide you access Setup subscription documents using Carta’s Closings feature. Please see the "Closings" section following for more details.  GP entity formation (additional fee). You must have a GP entity (for an LP SPV) or a Manager entity (for an LLC SPV) domiciled in the US to function as the Manager or GP of your SPV. If you do not have one, Carta will engage a third party service provider on your behalf to create one for an additional one-time fee of $2,000, using a Carta document template Operating Agreement. The SPV entity will be formed in the state of Delaware. Except as stated in this scope of services, all expenses after initial formation are your responsibility. Responsible party must be a US-based natural person with a US taxpayer ID. Template SPV Formation DocumentsCarta will provide the following SPV formation templates:Certificate of Formation (filed with Delaware)LLC Operating Agreement or Limited Partnership AgreementSubscription AgreementInvestor Questionnaire Bring your own documents. If you do not wish to use Carta’s template formation documents, you may bring your own formation documents (except for the Certificate of Formation).  If you bring your own custom documents, you will be responsible for drafting the agreements with your own legal counsel. You will need to provide Carta with drafts of the formation documents for review prior to a formal engagement with Carta to ensure serviceability.   USE OF CARTA’S DRAFT SPV FORMATION DOCUMENT TEMPLATES IS ENTIRELY AT YOUR OWN RISK AND SUBJECT TO CARTA’S LEGAL DOCUMENTS TERMS OF USE AND DISCLAIMER LOCATED AT https://carta.com/privacy/document-generation-terms-and-conditions/. CARTA ASSUMES NO LIABILITY FOR THE USE OF OR RELIANCE ON THESE DRAFT DOCUMENTS.  Carta does not guarantee such draft documents’ applicability or accuracy in regard to your particular circumstances. These documents are provided “as is” without warranty of any kind, either express, implied, or statutory, including without limitation, warranties of merchantability, fitness for a particular purpose, satisfactory purpose, title or noninfringement. Some jurisdictions do not allow the exclusion of implied warranties, so these exclusions may not apply to you. Talk to your Carta representative to receive samples of the SPV formation templates.For any SPV documents outside of the formation templates, please talk to your Carta representative for legal partner referrals.  ClosingsClosings can be executed on the Carta Closings feature using our subscription documents and Investor Questionnaire. If you choose to use custom subscription documents, you will need to review the documents and Investor Questionnaire with legal counsel. Carta Closings allows you to invite investors to create a Carta account to complete closing steps. You are responsible for tracking investors as they execute subscription agreements and monitoring their responses to the Investor Questionnaire.   Other FilingsIncluded in SPV formation, Carta will:Prepare and file your Form D filing and blue sky securities filings within 15 days of the first close of investors into your SPVCarta will prepare the forms for your approval before filing, and you remain solely responsible for the accuracy and completeness of such filings. Carta may assist with related amendments or renewals as needed.You will(1):Promptly notify Carta of your first SPV closing and each additional closingProvide Carta with state residency information for all of your investorsYour SPV formation does not include the preparation or filing costs associated with:Any GP entity or Manager entity formation filings, fees, or expenses, unless GP entity formation add-on is selectedState qualifications to do business Form ADV or state investment adviser filings*DissolutionOther state or municipality specific fees or filings not listed as specifically included.***Carta can provide introductions to a third party service provider who will assist you with preparation and filing of your Form ADV or equivalent.** Depending on the state(s) in which you operate, different fees, expenses, or filings may apply. All state specific fees and filings, unless specifically noted above, are not covered under your annual SPV fee. For options with managing the above, which are outside the Carta base SPV Scope of Service, reach out to your Carta representative for a referral to one of our preferred partners. Investor KYC Due DiligenceIncluded in your SPV formation fee, Carta will provide “know your customer” (KYC) and “anti-money laundering” (AML) services for up to 100 investors. Additional investors can be serviced for an additional fee. Learn more here.  Annual Filings So long as you are continuing with Carta for SPV administration, Carta will:Prepare and file your annual Delaware annual reportPay your SPV’s annual Delaware franchise taxesPay your SPV’s annual Registered Agent fee You will(1):Provide any change of information required for the Delaware annual report II. SPV Administration Accounting services are supported for USD-denominated entities only.US GAAP ReportingThe following statements will be produced via the Carta platform:Balance SheetStatement of OperationsSchedule of Investments (SOI) Statement of ChangesPartners’ Capital Account Statements (PCAPs) The following performance metrics will be available on the Carta platform: Net IRR, Gross Deal Level IRR, RVPI, TVPI, DPI and MOIC.You can view a sample of the Carta system-generated external financial reporting package here.  Books and Records Carta will update and maintain the accounting books and records for the SPV. You will have easy, read-only access to review the books and records.   For the SPV, Carta will: Maintain and update the Schedule of Investments (SOI) on the Carta platform Maintain total capital called and distributions received for indirect investmentsUpdate valuations at quarter-end or at a material financingNecessary documents or information you will provide Carta(1):Required documents and information from the Implementation ChecklistFully executed closing set for portfolio company investments (e.g., countersigned purchase agreement, articles of incorporation (AOI) / certificate of formation)Fully executed subscription packets for Fund of Fund investmentsSubmit price per share and/or ending fair market value of SPV-specific holdings at least 15 business days prior to reporting deadline in accordance with the SPV’s valuation policy (requires finalized supporting documentation consistent with industry standards). PCAPs for underlying Fund of Fund investments - Client is responsible for retrieving any fund investment related documents from external sources/third parties, including but not limited to investors’ capital account statements, capital call notices, distribution notices, and financial statements.Complete dissolution of the business at end of life of the applicable entities, after final distribution  Banking and PaymentsCarta will:Provide annual cash reconciliationSet up electronic payments for all cash activity as requestedConfirm all fund expenses (including management fee calculations) are done in accordance with the operating agreement(s)Manage Form 1099 process electronically at year-end as approved, including filing with IRS on client’s behalf  You will provide Carta(1):Access to the SPV's bank account as required, with the ability to set up payments (bank must have two step-authorization capability and account must be in the SPV's name)Vendor W-9s and email contact prior to initial paymentWire or other payment instructions, invoices for expenses, and executed purchase documents for investments  You are responsible for:Setting up bank accounts, one for each Carta administered entity, with your chosen banking partner as approved by Carta*Final review and releasing of payments after you receive confirmation from CartaPerforming any call backs to your vendorEnsuring accurate user profile setup within the Carta platformEstablishing authorized access to your bank accountResolving any failed, rejected, returned, or on hold payments due to additional information or documentation needed by your banking partner* Change in banking partner may result in a fee adjustment.   These services are subject to the Venture Capital Payment Terms and Conditions located at https://carta.com/legal/agreements/venture-capital-payment-terms-conditions/. Carta offers the opportunity to establish a bank account with our banking partner, subject to the bank's client criteria. You are not required to use our banking partner and may use any bank of your choice, however please note that this may result in a fee adjustment.   Year-End FilingsYou will:Complete any municipal, state, foreign, or federal reporting or regulatory filings. Such filings or reporting will not be completed by CartaCarta will not be responsible for any SSBCI-related activities, including but not limited to any SSBCI-specific reporting requirement, custom chart of accounts or custom reporting. Client will handle all SSBCI-specific reporting requirements and filings with the applicable states. Tax Support Carta will:Provide books, records, and supporting documentation to your tax preparerDistribute K-1s generated your tax provider through the Carta platformYou will:Coordinate execution of the tax engagement letter (by September 30 of each year) and tax returns, with executed copies to Carta as applicableManage relationship with tax preparer, including answering ongoing questions and requests from your tax preparer  To further streamline your SPV administration, Carta offers SPV tax preparation services for an additional price. Learn more here. Audit Support Audit support is included. If you choose to have an audited SPV, Carta will:Provide books, records, and supporting documentation to your auditorComplete template for audit confirms; auditor to send and collect from various parties (portfolio companies, banks, legal counsel, etc.)Complete audit notes and financial statements in the Carta platform. You can view a sample of the audited financial reporting package here.Distribute audit report generated by your auditor through the Carta platformYou will(1):Coordinate execution of the audit engagement letter (by September 30 of each year), audit representation letter, audit confirms, etc. with executed copies to Carta as applicable Manage relationship with auditor, including completion of audit notes and ongoing questions and requests from the audit team   Complete and deliver audit reports in a timely mannerCollect AOIs, financials, and other valuation support for portfolio companiesProvide industry and geography details as well as updated contact info for all portfolio holdingsProvide SPV’s valuation policy and valuation support to substantiate any discretionary valuation adjustments or approaches consistent with industry standardsCollect capitalization tables and annual financial statements for portfolio companies* * With Carta’s Portfolio Insights, you get a comprehensive and shareable view of your portfolio companies' performance, including the collection of capitalization tables and annual financial statements. Please reach out to your Carta representative for information on this service.  Capital Calls Carta will:Add new investors to the Carta platform and issue the initial capital call notice upon your execution of the subscription agreement *Execute on your post initial capital call requests the same business day if received prior to 3pm EST4 * Initial capital call notices will automatically be generated only if you use Carta’s Closings feature, included in your SPV administration fee. If you do not use the Closings feature, you must submit a capital call request to Carta before Carta can issue the capital call notice. This may take up to 48 hours.The following are available via the Carta platform:Per-investor calculations, preparation, and distributions of capital notice to investors Tracking receipts of capital contribution paymentsFollow-ups to investors (at your discretion) 24 hours after the capital call due date  You will(1):Notify Carta if you require more than one capital callSubmit and approve capital call requests through the Carta platform  Provide potential investments and realizations for cash projectionsProvide the percentage or dollar amount to be called and any other required informationNotify Carta of commitment or carry percentage changes by member  Cash DistributionsCarta will:Perform waterfall calculations in accord with the operating agreement(s)Send notifications to investors to update their wire instructions on the Carta platformComplete and coordinate potential tax distributions  Draft and publish distribution notices on the Carta platformSet up distribution wires in your bank account as approved  You will(1): Provide amounts to be distributed and final sign-off on calculations*Follow-up with investors to confirm wire instructions beyond two failed attempts* 5 business days(2) notice required for distribution requests  Stock Distributions Carta will:Perform waterfall calculations in accord with the operating agreement(s)Draft and publish distribution notices on the Carta platform Provide allocation of shares to Client’s third-party brokerages to facilitate distributions  You will(1):Provide number of shares to be distributed and final sign-off on calculations*Collect DTC instructions from investors and coordinate with your selected third-party brokerage firm* 5 business days(2) notice required for distribution requests (2,248 words)
- [Scope of Services: Carta UK Europe Target Due Diligence | support.carta.com](/content/support/kb/guide/en/scope-of-services-carta-uk-europe-target-due-diligence-hlilnbozff/steps/3724843/index.html): Scope of Services: Carta UK Europe Target Due DiligenceSERVICECARTA RESPONSIBILITIESCLIENT RESPONSIBILITIESPortfolio/Target AML/KYC Due DiligenceCarta will provide the AML and KYC services, including portfolio/target Due Diligence (“KYT”) for all portfolio/target entity and their beneficial owners (UBOs), as follow:  Onboarding  Collecting and reviewing of portfolio/target documents and relevant information as required Identification and verification of the identities of the directors and ultimate beneficial owners, such as -  Entity information;Incorporation documents and control person of the entity;Individual beneficial owners as applicable; andVerification of IDsConduct screening on the portfolio/target and its related parties(directors/ultimate beneficial owners and provide a report to the GP on the results for the following:Politically Exposed Person (PEP) list;Sanctions list;Watch list;Enforcement list; andAdverse media. Perform risk rating assessment on the investor Ongoing monitoringConduct ongoing monitoring.Provide update to the GP on any change in the screening and risk rating of the portfolio/targetGP (or legal counsel) to provide Carta with all necessary KYC documents containing the relevant information required by Carta to perform the AML/KYC due diligence services on the portfolio/target and its related parties. Such as:  For entities:Copy of formation documents;Register of Directors and Controlling Persons;Register of Shareholders (ultimate beneficial owner);Identification and verification of IDs of each director, controlling person and shareholder (beneficial owner with more than 25% or 10% or more ownership in some instances). Current Passport, Photocard Driving Licence, Govt issued ID card.Bank detailsNOTE: List of KYC documents required subject to the types of investors. (267 words)
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- [Scope of Services: BVI SPV Administration | support.carta.com](/content/support/kb/guide/en/scope-of-services-bvi-spv-administration-nr17d32z2l/steps/4463291/index.html): Scope of Services: BVI SPV AdministrationPer annum pricing includes administration services by Carta. Pricing will be determined based on your individual special purpose vehicle (SPV) structure, needs, and complexities. Please take note of the client deliverables and related timelines outlined below, as they will impact service and turnaround by the Carta team. We look forward to your continued partnership. SPV AdministrationSPV StructureCarta supports the following SPV structures and parameters. Structures or selections outside the scope defined below will not be supported unless explicitly approved in advance in writing by a designated Carta representative, and may incur additional fees:Legal Entity Type: BVI company structures onlyAssets Under Management (AUM): Up to a maximum of $40 million. For AUM exceeding $40 million, additional fees will apply.Transaction Type: Single direct investment into a single underlying asset. Multiple or indirect investments are not permitted unless pre-scoped and approved by a designated Carta representative (additional fees may apply).Investor Limits: Standard onboarding supports up to 10 investors. Up to a maximum of 50 investors can be onboarded into the SPV, for an additional fee.Investor Base: Participation is open to non-US investors, subject to Know-Your-Customer (KYC) and Anti Money Laundering (AML) checks performed by Carta (as further described in the Investor KYC Due Diligence section below). Participation of US investors is acceptable if the US investors are investing in non-US entities.Accounting Standard: IFRS , Partnership accountingAdditional Capital Calls: One capital call is included as standard. Subject to an additional fee, additional capital calls are permitted within 12 months of the first close, provided it aligns with the same investment terms as the initial close.Carry structures: Fixed carry allocation ranging from 0-100%. More complex structures may be available for an additional fee.Management fees: Either waived or a fixed percentage (0-100%) uniformly applies across all investors.Distributions: One distribution at the end of the SPV’s life cycle is included as standard. Additional distributions are available upon request for an additional fee.Audit Support: Support for audited SPVs available at an additional cost (please see Additional Services section below).Reporting: Annual Financial Reporting is supported as standard. Support for Partners Capital Account available at an additional cost (please see Additional Services section below). Quarterly reporting can be supported at an additional cost.Fee Payment Model: Single annual fee payment structure. Any additional fee payment processing beyond the annual cycle will incur an additional charge.Financial Year-End (FYE): 31 December. Alternative FYEs may be supported at an additional cost.No other SPV structures, investment arrangements, or characteristics are supported by Carta at this time.  Books and RecordsCarta will update and maintain the accounting books and records for the SPV. You will have easy, read-only access to review the books and records. For the SPV, Carta will: Maintain total capital called and distributions received for direct investments Valuation of the investment updated only on an annual basis.  Bank AccountsCarta will:Set up a bank account for the SPV with Equals Money (EQM); however, if a client chooses a different banking provider, they will incur an additional costSet up electronic payments for all cash activity as requestedConfirm all SPV expenses (including management fee calculations) are done in accordance with the SPVs operating agreementsProvide annual cash reconciliationConduct final review and release of payments after you receive confirmation from Carta You will:Provide Carta access to the SPV’s bank account as required (bank must have two step-authorisation capability and account must be in the SPV’s name)Provide Carta wire or other payment instructions, invoices for expenses, and executed purchase documents for investmentsNot share banking details with investors off the Carta platformEnsure investors are fully informed and refrain from funding the SPV bank account until they have successfully completed the necessary KYC and AML checks You are responsible for:Where you do not instruct Carta to set up a bank account for the SPV, setting up the bank accounts with your chosen banking partner as approved by Carta*Final review and releasing of payments after you receive confirmation from CartaPerforming any call backs to your vendorEnsuring accurate user profile setup within the Carta platformEstablishing authorised access to your bank accountResolving any failed, rejected, returned, or on hold payments due to additional information or documentation needed by your banking partner * Change in banking partner may result in a fee adjustment. These services are subject to the Fund Administration Payment Terms and Conditions located at https://carta.com/legal/agreements/fund-administration-payment-terms-conditions/. Investor KYC Due DiligenceCarta will provide KYC and AML checks on investors prior to their onboarding into the SPV. Learn more here.* Investor InformationInvestors will be responsible for updating their information, including maintaining investor contact preferences, wire instructions, and other requested information on the Carta platform. All communications will be on the Carta platform, which will serve as the communication repository for communications like capital calls, distributions, quarterly and annual reports, investor update letters, tax documents, etc. Carta will assist with providing you answers to investor questions related to SPV information on the Carta platform. *This may be priced separately from SPV Administration, please refer to your Engagement Letter.  Financial StatementsCarta will prepare and share with you Financial Statements (balance sheet and profit and loss statement). Cash DistributionsCarta will:Perform waterfall calculations in accordance with the SPV’s operating agreementsSend notifications to investors to update their wire instructions on the Carta platformComplete and coordinate potential distributionsSet up distribution wires in the SPV bank account, as approvedYou will:Provide amounts to be distributed and final sign-off on calculations*Follow-up with investors to confirm wire instructions beyond two failed attempts*10 business days notice required for distribution calculation requests. After receiving your final approval, Carta will process payments to investors within 15 business days.  Stock DistributionsCarta will:Perform waterfall calculations in accordance with the operating agreementsProvide allocation of shares to your third-party brokerages to facilitate distributionsYou will*:Provide number of shares to be distributed and final sign-off on calculations*Collect instructions from investors and coordinate with your selected third-party brokerage firmOpen a brokerage account for the SPV, where required SPV FormationCarta will form the SPV with a third party service provider. Client to complete and provide to Carta:Equals Money Account Opening Form or equivalent Bank Account Opening FormRegistered Agent and Office Agreement by third-party service providerCustomer Due Diligence/AML notes for both directors and shareholders includingKYC DocumentsComplete the customer questionnaire and provide to Carta Corporate Shareholder Information*Additional documentation or information may be required as circumstances warrant. Take - Over SPVsWhere relevant, please also provide the following [Implementation - 8 weeks] :Prompt notification of your first SPV closing and each additional closing Investment documentationSupporting documentation for any incoming/outgoing paymentsIn order for Carta to provide financial statements, you will provide:All previous filings of the SPVAccess to the SPV’s bank account as required, with the ability to set up payments (bank must have two step-authorisation capability and account must be in the SPV’s name)Authorization codes for online filingsSPV operating documentation and any ancillary documentation*10 business days notice required for distribution requests. After receiving your final approval, Carta will draft and publish distribution notices on the Carta platform within 5 business days. ______________________________________ADDITIONAL SERVICESCarta can assist with the following additional Administration Services, subject to additional fees:Bank Account Set-UpAudit support PartnerCapital Account Statements Bank Account Set-UpCarta will facilitate the establishment of a dedicated bank account for the SPV through one of its partner banking providers (Equals Money), ensuring it is properly configured to support SPV operations and investor transactions.  Audit SupportCarta will provide support for SPVs that are audited annually, however Carta will not support SPVs that are audited for any shorter period (i.e. quarterly). If you have an audited SPV, Carta will:Provide books, records, and supporting documentation to your auditorComplete template for audit confirms; auditor to send and collect from various parties (portfolio companies, banks, legal counsel, etc.)Distribute audit report generated by your auditor through the Carta platform You will**:Coordinate execution of the audit engagement letter (one quarter prior to the entity’s financial year end), audit representation letter, audit confirms, etc. with executed copies to Carta as applicableManage relationship with auditor, including completion of audit notes and ongoing questions and requests from the audit teamComplete and deliver audit reports in a timely mannerCollect AEOIs, and other valuation support for portfolio companiesProvide industry and geography details as well as updated contact info for all portfolio holdingsProvide SPV’s valuation policy and valuation support to substantiate any discretionary valuation adjustments or approaches consistent with industry standardsCollect capitalisation tables and annual financial statements for portfolio companies  **Subject to Carta’s AML/KYC requirements and any requirements from the relevant banking partner. Partner Capital Account StatementsCarta will calculate partners’ allocation and provide capital account reports based on your investors’ requirements in the SPV’s operating agreement. Carta will:Calculate partners’ allocation on a quarterly/semi-annual or annual basis based on requirements in SPV’s operating agreement (no less than 90 days from quarter end)Provide and release partner capital account statements on the Carta platformYou will:Review and approve the partners’ allocation calculationReview and approve the partner capital account statements on the Carta platformTo discuss any services that are outside of the scope addressed above, please talk to your Carta representative.***The Carta platform means the online dashboard(s) made available to you by us and its/their related digital applications. ______________________________________ DISCLOSURE: This communication is on behalf of Carta Asia Private Limited ("Carta"). This communication is for informational purposes only, and contains general information only. Carta is not, by means of this communication, rendering accounting, business, financial, investment, legal, tax, or other professional advice or services. This publication is not a substitute for such professional advice or services nor should it be used as a basis for any decision or action that may affect your business or interests. Before making any decision or taking any action that may affect your business or interests, you should consult a qualified professional advisor. This communication is not intended as a recommendation, offer, or solicitation for the purchase or sale of any security. Carta does not assume any liability for reliance on the information provided herein.© 2024 eShares, Inc. dba Carta, Inc. All rights reserved. Reproduction prohibited. (1,490 words)
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- [Scope of Services: Co-Investment GP/LP SPV Formation | support.carta.com](/content/support/kb/guide/en/scope-of-services-co-investment-gp-lp-spv-formation-csgd2rdyqa/steps/3984211/index.html): Scope of Services: Co-Investment GP/LP SPV FormationPlease take note of the client deliverables and related timelines outlined below, as they will impact service and turnaround by the Carta team. We look forward to your continued partnership. SPV FormationClient is responsible for remaining in compliance with all applicable laws, rules and regulations.  The product requires an appointed General Partner and an  Financial Conduct Authority (FCA) -regulated Alternative Investment Fund Manager or an appointed representative acting as an agent for a financial services firm authorised by the FCA, or the foreign equivalentYou are responsible for either obtaining the relevant regulatory permissions to operate the SPV, or engaging third party management services.  If you would like partner referrals, please talk to your Carta representative.  SPV StructureCarta will only support the following SPV structures and selections:United Kingdom (UK)  Private Fund Limited Partnership (Partnership), with an appointed General Partner and an FCA-registered Alternative Investment Fund Manager, or the foreign equivalentOne direct investment transaction into a single asset (indirect and/or multiple transactions are not permitted unless scoped and approved by your Carta representative. Additional fees may apply)SPV activity must remain passive at all times; the SPV may not engage in any operations that would characterise it as an active business or operating entityA maximum of 99 investor members can be onboarded to participate in the SPVAdditional close (it must align with the same investment terms as the first close, occur within 90 calendar days of the first close, and take place within the same tax year as the first close)* Carry: 0-100% fixed or more complex carryManagement fees (on top of investing amount): Waived OR 0-100% Setup costs (on top of investing amount): Waived OR 0-100% of committed capital  Audited SPVs *No other SPV structures or selections are supported at this time. * Subject to additional fees.  The fee for any additional closing is non-refundable once payment has been disbursed from the SPV bank account to the portfolio company.SPV Sectors and Strategies   Portfolio investments made by the SPV must comply with Carta’s compliance requirements. Carta will provide support for varied sectors and strategies, yet limitations are: No PE-style investments, only investments in early-stage private companies No crypto-related investments (no crypto tokens or SAFTs) No private debt No real estate or other non-venture asset classes Where the SPV invests in a US portfolio company, all participants in the SPV, including non-US investors, must hold accredited investor status. This will be a requirement of the US portfolio company.  For queries on specific sectors or strategies, talk to your Carta representative.  SPV Formation ServicesIncluded in SPV formation, Carta will work with you to:Form and register the Partnership, including submitting the LP7 to Companies House  On the Carta platform¹, Carta will also:Create an account for your SPV Set up a data room and provide you access Set up subscription documents using Carta’s Closings feature. Please see the “Closings” section following for more details.  Client responsibilities  In order for Carta to form the SPV, you will need to provide the following: Name of the SPV Name of the General Partner Name of the Investment Manager Name of the Initial Limited Partner*   *in case you don’t have any initial limited partner to sign the agreements, please reach out to a Carta representative Template SPV Formation Documents Carta will provide the following SPV formation templates: Limited Partnership Agreement Admission Form  USE OF DRAFT SPV FORMATION DOCUMENTS IS ENTIRELY AT YOUR OWN RISK AND SUBJECT TO CARTA’S LEGAL DOCUMENTS TERMS OF USE AND DISCLAIMER LOCATED AT https://carta.com/privacy/document-generation-terms-and-conditions/. CARTA ASSUMES NO LIABILITY FOR THE USE OF OR RELIANCE ON THESE DRAFT DOCUMENTS.  Carta does not guarantee such draft documents’ applicability or accuracy in regard to your particular circumstances. These documents are provided “as is” without warranty of any kind, either express, implied, or statutory, including without limitation, warranties of merchantability, fitness for a particular purpose, satisfactory purpose, title or noninfringement. Some jurisdictions do not allow the exclusion of implied warranties, so these exclusions may not apply to you. These documents are made available on the Carta platform, along with Carta’s SPV setup questionnaire which allows you to make commercial elections for the SPV that will be reflected within the documents.  Carta’s assistance is limited to the  commercial elections made available to you in the setup questionnaire.  For the avoidance of doubt, Carta cannot facilitate bespoke changes to  template documents or accommodate any amendments to such documents. All changes of this nature must be facilitated outside of the Carta platform. The platform may serve as a document repository for storing any related documents. If you would like a referral to legal partners, please talk to your Carta representative. ClosingsClosings must be executed on the Carta Closings feature  using our subscription documents and investor questionnaire. Carta Closings allows you to invite investors to create a Carta account to complete closing steps. You are responsible for tracking investors as they execute subscription agreements and monitoring their responses to the investor questionnaire. Carta can service additional capital calls for an additional fee. Contact your Carta representative to discuss.  You will:²Promptly notify Carta of your first SPV closing and each additional closing  Investor KYC Due DiligenceCarta will provide "Know Your Customer" (KYC) and "Anti-Money Laundering" (AML) services for up to  99 investors. Additional investors can be serviced for an additional fee. Learn more here.* Investor Information Investors will be responsible for updating their information, including maintaining investor contact preferences, wire instructions, and other requested information on the Carta platform.All communications will be on the Carta platform, which will serve as the communication repository for communications like capital calls, distributions, quarterly and annual reports, investor update letters, tax documents, etc.Carta will assist with providing you answers to investor questions related to SPV information on the Carta platform.  *Please refer to your Engagement Letter. Additional ServicesCarta can assist with the following additional services, subject to additional fees: Additional close  Additional Close  After closing with your investment, the SPV will remain open for a period of 90 days to accept new subscriptions from investors. Any subscriptions received after this period will be considered part of an additional closing. As part of this service: Carta will:Give you access to add new investors to the Carta platform. Subject to new investors successfully completing KYC and AML checks, give you access for new investors  to sign relevant subscription agreements and be sent capital call notices. Execute on your post initial capital call requests within two business days if received prior to 3pm BST on day of request The following are available via the Carta platform:Per-investor calculations, preparation, and distributions of capital call notices to investors Tracking receipts of capital contribution paymentsFollow-ups to investors (at your discretion) 24 hours after the capital call due date  You will:²Submit and approve capital call requests through the Carta platform  Provide potential investments and realizations for cash projectionsProvide the percentage or dollar amount to be called and any other required informationNotify Carta of commitment or carry percentage changes by member To discuss any services that are outside of the scope addressed above, please talk to your Carta representative. ¹The Carta platform means the online dashboard(s) made available to you by us and its/their related digital applications. ²Additional documentation or information may be required as circumstances warrant. DISCLOSURE: This communication is on behalf of Vauban Technologies Limited ("Carta"). Carta provides formation, administration and related services in the UK to entities regulated by the UK Financial Conduct Authority (FCA), including Alternative Investment Fund Managers (AIFMs), investment firms, and other FCA authorised entities, as well as their appointed representatives acting as agents for FCA-authorised firms or, if permitted, foreign regulated firms with appropriate regulatory oversight.  Carta may engage with such potential clients as such entities are in the process of obtaining required regulatory approvals. However, certain services may be restricted or unavailable until appropriate authorisation is granted. Clients falling into this category will be referred to a law firm or other fiduciaries for certain services, including formation services. Our services are not available to unregulated entities or individuals. Nothing on this website constitutes an offer, solicitation, or advice to unregulated parties. This communication is for informational purposes only, and contains general information only.  Carta is not, by means of this communication, rendering accounting, business, financial, investment, legal, tax, or other professional advice or services.  This publication is not a substitute for such professional advice or services nor should it be used as a basis for any decision or action that may affect your business or interests.  Before making any decision or taking any action that may affect your business or interests, you should consult a qualified professional advisor.  This communication is not intended as a recommendation, offer, or solicitation for the purchase or sale of any security. Carta does not assume any liability for reliance on the information provided herein.© 2025 eShares, Inc. dba Carta, Inc. All rights reserved. Reproduction prohibited. (1,232 words)
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- [Scope of Services: GP Entity Administration | support.carta.com](/content/support/kb/guide/en/scope-of-services-gp-entity-administration-ccshxupcw1/steps/3724987/index.html): Scope of Services: GP Entity AdministrationPer annum pricing will be determined based on your individual GP entity structure, needs, and complexities.  I. Accounting ServicesUS GAAP ReportingThe following year-end reports will be produced annually by Carta for the GP entity:Balance SheetStatement of OperationsCarta system-generated financial reports will be made available in the Carta platform.Books and RecordsCarta will update and maintain the accounting books and records for the GP entity. You will have easy, read-only access to review the books and records. For the GP Entity, Carta will:Maintain annual accounting books and recordsGrant read-only access on the Carta platform for review of books and records, including the balance sheet, income statement, and general ledgerConduct capital transaction tracking by member (contributions and distributions)Provide annual cash reconciliationProvide valuation updates per fund statement*You will(1):  Maintain vesting schedules for GP members(2)Provide an executed copy of the GP entity’s W-9Provide an executed copy of the GP entity’s Operating Agreement(2)For GP entities also conducting business on behalf of or in lieu of a management company, please refer to the Management Company Scope of Services for the services available for an additional fee.* Reporting will not be provided on a look-through basis.Banking and PaymentsCarta will: Set up electronic payments for all cash activity as requestedManage Form 1099 process electronically at year-end as approved, including filing with IRS on client’s behalfYou will provide Carta(1):  Access to the GP entity’s bank account as required, with the ability to set up payments (bank must have two step-authorization capability and account must be in the GP entity’s name)Vendor W-9s and email contact prior to initial paymentWire or other payment instructions and invoices for expensesYou are responsible for:Setting up bank accounts, one for each Carta administered entity, with your chosen banking partner as approved by Carta*Final review and releasing of payments after you receive confirmation from Carta Performing any call backs to your vendorDepositing checksEnsuring accurate user profile setup within the Carta platformEstablishing authorized access to your bank account Resolving any failed, rejected, returned, or on hold payments due to additional information or documentation needed by your banking partner * Change in banking partner may result in a fee adjustment.These services are subject to the Venture Capital Payment Terms and Conditions.Year-end Filings and TaxCarta does not provide year-end filing or tax services for GP entities.You will:Coordinate with your selected tax provider to file for an extension, as necessaryComplete any municipal, state, foreign, or federal reporting or regulatory filings. Such filings or reporting will not be completed by CartaTo discuss any services that are outside of the scope addressed above, please talk to your Carta representative.(1) Additional documentation or information may be required by Carta as circumstances warrant. (2) If you have purchased Fund Formation Services with Fund Administration, Carta will provide vesting schedules for GP members and an executed copy of the GP Entity’s Operating Agreement.DISCLOSURE: This communication is being sent on behalf of Carta Investor Services, Inc. (“Carta”), an affiliate of eShares, Inc. dba Carta, Inc. Certain transactional fees may apply. 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. Carta does not assume any liability for reliance on the information provided herein. (508 words)
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- [Scope of Services: Carta Europe GP Entity Administration | support.carta.com](/content/support/kb/guide/en/scope-of-services-carta-europe-gp-entity-administration-b2do6cvcc0/steps/3724873/index.html): Scope of Services: Carta Europe GP Entity AdministrationPer annum pricing will be determined based on your individual General Partner (GP) entity structure, needs, and complexities.I. Accounting Services IFRS / UK GAAP / Lux GAAP ReportingThe following year-end reports will be produced annually by Carta for the GP entity:Balance SheetStatement of OperationsCarta system-generated financial reports will be made available in the Carta platform.Books and RecordsCarta will update and maintain the accounting books and records for the GP entity. You will have easy, read-only access to review the books and records. For the GP Entity, Carta will:Maintain annual accounting books and recordsGrant read-only access on the Carta platform for review of books and records, including the balance sheet, income statement, and general ledgerConduct capital transaction tracking by member (contributions and distributions)Provide annual cash reconciliationProvide valuation updates per fund statement*Provide annual invoice paymentsNecessary documents or information you will provide Carta (1):  Vesting schedules for GP members (2)Executed copy of the GP entity’s W-9, W-8, or AEOIExecuted copy of the GP entity’s constitutional documents (2)For GP entities also conducting business on behalf of or in lieu of a management company, an additional fee may be assessed.* Reporting will not be provided on a look-through basis.Banking and PaymentsCarta will: Set up electronic payments for all cash activity as requestedConfirm all fund expenses (including management fee calculations) are done in accordance with the constitutional documents You will provide Carta (1):  Access to the GP entity’s bank account as required, with the ability to set up payments (bank must have two step-authorization capability and account must be in the GP entity’s name)*Wire or other payment instructions and invoices for expenses* If you have purchased Fund Formations Services with Fund Administration, we may have opened the bank account on your behalf and will ensure you are given access to the bank account. You are responsible for:Setting up bank accounts, one for each Carta administered entity, with your chosen banking partner (unless you have purchased Fund Formation Services with Fund Administration)*Final review and releasing of payments after you receive confirmation from Carta Performing any call backs to your vendorDepositing checksEnsuring accurate user profile setup within the Carta platformEstablishing authorized access to your bank account Resolving any failed, rejected, returned, or on hold payments due to additional information or documentation needed by your banking partner * Change in banking partner may result in a fee adjustment These services are subject to the Venture Capital Payment Terms and Conditions.Year-end Filings and Tax Carta does not provide year-end filing or tax services for GP entities.You will:Coordinate with your selected tax provider to file for an extension, as necessaryComplete any reporting or regulatory filings. Such filings or reporting will not be completed by Carta unless otherwise agreed.To discuss any services that are outside of the scope addressed above, please talk to your Carta representative. (1) Additional documentation or information may be required by Carta as circumstances warrant. (2) If you have purchased Fund Formation Services with Fund Administration, Carta will provide vesting schedules for GP members and an executed copy of the GP Entity’s constitutional documents. DISCLOSURE: This communication is being sent on behalf of Carta Investor Services, Inc. (“Carta”), an affiliate of eShares, Inc. dba Carta, Inc. Certain transactional fees may apply. 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. Carta does not assume any liability for reliance on the information provided herein.  (547 words)
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- [Scope of Services: FATCA,CRS and AEOI Reporting (EU) | support.carta.com](/content/support/kb/guide/en/scope-of-services-fatca-crs-and-aeoi-reporting-eu-fxjj7kt0oq/steps/3984241/index.html): Scope of Services: FATCA,CRS and AEOI Reporting (EU)This service is available for Carta’s SPV and Fund administration customers for an additional annual fee. Fees will differ based on the domicile of the SPV and/or Fund (the “entity”).Carta will only be able to service entities domiciled in:British Virgin IslandsCayman IslandsUK (Annual AEOI Filing) LuxembourgI. FATCA Reporting If you purchase FATCA Reporting, Carta will provide the following service:Annual Filings under the Foreign Account Tax Compliance Act (“FATCA”)Carta can assist you with the following actions for the relevant entity:Annual filing of XML file to the relevant entity domicile tax authority for nil reporting for FATCA.Annual filing of XML file to the relevant entity domicile tax authority for US reportable accounts for FATCA.You are responsible for:Setting up and granting Carta access to the applicable filing portal to file on the entity’s behalfAppointing a named person as a primary point of contact for FATCA (if applicable)Approving the annual reports to be submitted to the relevant tax authorities on a timely basisPutting in place the Policy and Procedures Manual for your entity with respect to FATCAEnsuring the accuracy and completeness of the US Internal Revenue Service (IRS) forms (i.e. W forms) or equivalent submitted by the investorsEnsuring timely delivery of the US Internal Revenue Service (IRS) forms (i.e. W forms) or equivalent to CartaProviding changes in status of the investors to Carta on a timely basisProviding entity and exemption classification of investors and custodiansLiaising with tax authorities and answering their queriesProviding Carta with all relevant tax information with respect to the entity and its affiliated entities (i.e. GP/IM/Operator) II. CRS ReportingIf you purchase CRS Reporting, Carta will provide the following service:Annual Filings under the Common Reporting Standard (“CRS”) Carta can assist you with the following actions for the relevant entity:Annual filing of XML file to the relevant entity domicile tax authority for nil reporting for CRS.Annual filing of XML file to the relevant entity domicile tax authority for non-US reportable accounts for CRS.You are responsible for:Setting up and granting Carta access to the applicable filing portal to file on the entity’s behalfAppointing a named person as a primary contact for CRS (if applicable)Approving the annual reports to be submitted to the relevant tax authorities on a timely basisProviding a valid self certification form for each investor(1) based on the  jurisdiction your entity is domiciled inPutting in place the Policy and Procedures Manual for your entity with respect to CRSEnsuring the accuracy and completeness of the self-certification forms submitted by the investorsProviding changes in status of the investors to Carta on a timely basisProviding entity and exemption classification of investors and custodiansLiaising with tax authorities Providing Carta with all relevant tax information with respect to the entity and its affiliated entities (i.e. GP/IM/Operator) III. AEOI Reporting If you purchase AEOI Reporting (only available to entities in the UK), Carta will provide the following service:Annual AEOI (Automatic Exchange of Information) Filings  Carta can assist you with the following actions for the relevant entity:Annual filing of an XML file to HMRC (UK Tax Authority)  You are responsible for:Setting up and granting Carta access to the applicable filing portal to file on the entity’s behalfApproving the annual reports to be submitted to the tax authority on a timely basisPutting in place the Policy and Procedures Manual for your entity with respect to AEOIEnsuring the accuracy and completeness of the self-certification forms submitted by the investorsProviding changes in status of the investors to Carta on a timely basisProviding entity and exemption classification of investors and custodiansLiaising with tax authorities Providing Carta with all relevant tax information with respect to the entity and its affiliated entities (i.e. GP/IM/Operator) IV. Additional Services  Carta can assist with the following additional services, subject to additional fees: Annual Filing of Cayman CRS Compliance FormFATCA/CRS Registration Support (One-Time) Annual Filing of Cayman CRS Compliance Form Carta will:Assist you with the following actions for the relevant fund and general partner entities (required for Cayman fund entities):Completing and filing the CRS Compliance Form(2)You are responsible for:Approving the annual reports to be submitted to the relevant tax authorities on a timely basisFATCA/CRS Registration Support (One-Time)Carta will: Assist you with or help address questions during the registration process for the relevant entity and general partner entitiesYou are responsible for:Setting up and registering the entity on the FATCA/CRS portal for the jurisdiction that the entity has been domiciledV. Not SupportedThe following items are not included in Carta’s services:Review of Private Placement Memorandum (PPM) and/or Limited Partnership Agreement (LPA) from a FATCA and CRS perspectivePreparation of Form W-8 or relevant tax form for partnersPreparation of IRS Form 8938, Statement of Specified Foreign Financial Assets, or Form 8966, FATCA Report, or making any determinations regarding necessity of making any other IRS tax filingsLegal entity classification  Review of self-certifications to be issued to banks and other financial institutions (FIs)Advice as to whether any investors or shareholders are reportable under FATCA and CRSLiaison with any tax authorities or answering any queries on the fund’s behalfDisbursements or government feesAny additional feesTo discuss any services that are outside the scope addressed above, please talk to your Carta representative.VI. Terms and ConditionsTo enable Carta to provide the services listed in this Scope of Services, Customer agrees:to make available to Carta as and when required, all relevant information and documents as Carta determines is necessary;to provide Carta with the information in sufficient time for the services to be completed and any documents submitted to the appropriate government authorities or third parties by the applicable due date;to forward to Carta upon receipt copies of any notices, letters and other communications received from any government authorities or third parties to enable Carta to provide any applicable services within the statutory time limits; andto obtain answers to queries and additional records as required. Customer further agrees that it will inform Carta of any and all changes relevant to Customer’s business which may impact the services provided including without limitation significant transactions or changes in circumstances. Carta shall not be responsible for identifying any such changes to Customer’s business when providing the services or any liability arising therefrom. Customer acknowledges and agrees that Carta will, in performing the services under this Scope of Services, rely on information, documents, data, material, facts and assumptions that Customer furnishes as being true, correct and complete, and that Carta may use such information, documents, data, material, facts, assumptions and other information furnished by Customer without any independent investigation, audit or verification.  Customer is responsible for reviewing any form or electronic filing and ensuring the accuracy and completeness of all information therein, and Carta shall not be responsible for, and shall be entitled to rely upon, the accuracy and completeness of such data, material and other information. Carta shall have no liability to Customer for any consequences of any late filings and registrations (including but not limited to in relation to any penalty fees imposed) unless information, instructions, and, if applicable, any additional fees, from Customer have been received by Carta at least ten (10) business days in advance of the relevant filing and registration deadline.  Carta shall not be responsible for any failure or delay in making any filing as a result of the portal used by the relevant authority for filing being offline, unavailable, or wholly or partially disabled, impaired or severely delayed. Carta may rely upon, and is authorised by Customer to act upon instructions given or reasonably assumed to be given by the person designated by Customer to give such instructions. Carta shall be entitled to disregard or refuse to act on any instruction which is given by a person who Carta reasonably believes is not properly authorised to give instructions.  Carta shall not at any time be obliged to do, or refrain from doing, anything, which in the sole discretion of Carta:may be contrary to the applicable law; oris not permitted under the terms of any permits, consents, licenses or applicable codes of practice issued by any competent authority. Carta shall not be liable for any damages resulting from refusal by Carta acting in good faith to undertake or fail to undertake any action pursuant to this paragraph, but shall give Customer notice of its refusal and the reason for the same. Carta shall not be required to take any legal action (including the institution or defense of any proceedings) on behalf of Customer. (1) Cayman Islands has published self-certification templates and those templates may be used where the fund is a Cayman fund (2) Only applicable for Cayman Islands domiciled funds DISCLOSURE: This communication is on behalf of Vauban Technologies Limited ("Carta"). This communication is for informational purposes only, and contains general information only.  Carta is not, by means of this communication, rendering accounting, business, financial, investment, legal, tax, or other professional advice or services.  This publication is not a substitute for such professional advice or services nor should it be used as a basis for any decision or action that may affect your business or interests.  Before making any decision or taking any action that may affect your business or interests, you should consult a qualified professional advisor.  This communication is not intended as a recommendation, offer, or solicitation for the purchase or sale of any security. Carta does not assume any liability for reliance on the information provided herein.© 2024 eShares, Inc. dba Carta, Inc. All rights reserved. Reproduction prohibited. (1,600 words)
- [Scope of Services: Carta SPV Tax Preparation | support.carta.com](/content/support/kb/guide/en/scope-of-services-carta-spv-tax-preparation-jygkwvfvy2/steps/3724461/index.html): Scope of Services: Carta SPV Tax PreparationCarta SPV Tax Preparation is an add-on service not included in your Carta SPV Administration subscription. Carta SPV Tax Preparation - Base ServicesIncluded in the base Carta SPV Tax Preparation package, Carta will work with you to:Prepare and file your SPV’s federal tax return (Form 1065)Prepare and distribute Schedule K-1s for partners Prepare, file, and distribute state tax returns for your SPV and partners (when required)  Separate subscriptions are required for: additional entities, such as general partner/manager, parallel, feeder, or blocker entities, and additional classes or series within an SPV.  ExtensionsCarta’s tax return filing services are contingent upon tax extensions. Carta will file extensions with the IRS and any applicable states on the taxpayer entity’s behalf. For state extensions, Carta determines residency state filing requirements based on partner addresses that have been provided by Client by January 31 following the tax year. Carta is not responsible for late filings due to missing or incorrect state residency information.Final Tax YearYou must promptly notify Carta Tax of any planned wind-up or dissolution of your entity. Extensions must be filed within 2.5 months of dissolution. Carta will assist with preparing your entity’s final year tax return. Payment for tax return preparation services will be due at the time of dissolution.  Additional Tax Preparation ServicesDepending on your entity structure, you may need certain additional forms or services that are not included in the base Carta Fund Tax Preparation subscription.Non-standard operating agreement or governing documentsForeign portfolio holdings (with additional complexity for those with >10% or >50% ownership)Foreign partnersForeign bank accountsInvestments in cryptocurrency, tokens, token warrants, NFTs or other digital assetsPass-through or fund of fund investmentsOther filings as needed based on fund characteristicsAdditional Tax Preparation Services are provided for an additional fee. Talk to your Carta representative to discuss any filings not listed above. If not included in engagement letter pricing, fees will be billed to Client upon completion of tax filing.  Not SupportedWhile most SPVs are able to be serviced by Carta SPV Tax Preparation, the product will be unable to support SPVs with any of the following non-standard characteristics:Entities not administered through CartaAny other non-standard characteristics as identified by Carta from time to time  Client Responsibilities Required InformationPrior Year Tax Returns: Client shall provide Carta with the entity’s previous tax documents, if any. If applicable, Client shall facilitate the transfer of prior year tax data from the prior year tax provider to Carta.Approval of Extension Filing: Carta will automatically file extensions for all taxpayer entities. Where necessary, Client shall provide written approval and/or signature for such extension.Fund Information Accuracy: Client must confirm the fund’s data in the Carta platform, including but not limited to the asset(s) held, by January 31 of the year of the applicable tax filing deadline.Investor Information Accuracy: Client is responsible for the fund’s investors confirming their respective tax information in the Carta platform by January 31 of the year of the applicable tax filing deadline.*Updating Tax Workpapers and Tax Return (s): Client must update Carta confirming that they will need to file for Notice Responses and / or Abatement (if eligible), Superseded Returns and Amended ReturnsAdditional Information: Client will furnish any additional documents or data as reasonably requested by Carta in order to facilitate service, delivery and completion of service. Review, Approval, and FilingAfter Client has submitted all required information, Carta will prepare tax returns and provide returns to Client for review in the Carta platform.Client shall provide final approval and sign the e-file authorization(s) in the Carta platform. After Client authorization is finalized, Carta will electronically file tax returns with the IRS and applicable states. ConditionsIf the above deliverables are not received, the above deadlines are not met, or if Client or Client’s investors provide incorrect information:Carta shall not be responsible for any interest, fines, or penalties due to late or incorrect filings.Carta shall not be responsible for late tax payments. Filing Superseded Returns / Amended Returns and/ or Notice Responses and/or Abatement (if eligible)Depending on your needs, there may be a need for certain additional forms or services to be filed to the Tax authorities that are not included in the base Carta Fund Tax Preparation subscription including:Prepare and file Superseded returnsPrepare and file Amended returnsPrepare and file Notice Responses and/or Abatement (if eligible)Client Responsibilities Required InformationUpdating Tax Workpapers and Tax Return (s): Client must update Carta confirming that they will need to file for Notice Responses and / or Abatement (if eligible), Superseded Returns and Amended Returns Review, Approval, and FilingAfter Client has submitted all required information, Carta will prepare Superseded tax returns (if applicable) and provide to Client for review in the Carta platform.In the event of any impact to K-1s based on the updated information shared by the Client, Carta will share the updated K-1, if applicable, with Client for review and approval.Carta will share amended tax returns (if applicable) via dataroom links or box links. By engaging Carta, Client authorizes Carta and its affiliates to review all information about Client and its partners that Client or its partners provide to or receive from any Carta affiliate. Carta reserves the right to reassess the fee structure for tax preparation services if there are changes to tax laws or regulations that result in a material increase in the complexity of Carta’s services. Carta shall provide Client with at least 30 days’ notice in advance of any such fee increase. Additional terms and conditions apply: https://carta.com/legal/agreements/tax-preparation-product-specific-terms 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. Carta does not assume any liability for reliance on the information provided herein. ©2024 eShares, Inc. dba Carta, Inc. All rights reserved. (1,006 words)
- [Board Adoption Pack - Free Share Plan Documents | Carta](/content/uk/en/learn/resources/employee-share-plan-template/index.html): Download free, customizable EMI share plan document templates designed by legal experts. Includes board minutes, shareholder resolutions, and investor consent forms. (164 words)
- [Scope of Services: Institutional SPV Formation and Administration | support.carta.com](/content/support/kb/guide/en/scope-of-services-institutional-spv-formation-and-administration-gnjaaakukm/steps/3724565/index.html): Scope of Services: Institutional SPV Formation and AdministrationPer annum pricing includes both formation and administration services by Carta. If you choose to form your own SPV, but utilize Carta’s administrative services, the per annum fee will still apply. Pricing will be determined based on your individual SPV structure, needs, and complexities.I. SPV Formation Client is responsible for remaining in compliance with all applicable laws, rules, and regulations.SPV Structure Carta’s formation document templates will only support the following SPV structures, strategies, and selections:Delaware LLC or LP entity - must designate your own manager or general partner entity (as applicable)Single assetCarry: 0-100% fixed or more complex carry (premium return, preferred return)Expense Reserve (on top of commitment): 0-100% of committed capital Management Fees (on top of commitment): Waived OR 0-100% of committed capitalUnaudited or audited SPVs *Portfolio Company Investment or Fund of Funds SPVs *No other SPV fund structures or selections are supported at this time. * Subject to additional fees SPV Formation ServicesIncluded in SPV formation, Carta will work with you and a third party to:Obtain your EIN Form your SPV as an LLC or LP in the state of DelawarePay your one-time Delaware LLC or LP formation filing fee Pay your first year Registered Agent fee   On the Carta platform, Carta will also:Create an account for your SPVSet up a data room and provide you access Setup subscription documents using Carta’s Closings feature. Please see the "Closings" section following for more details.  GP entity formation (additional fee). You must have a GP entity (for an LP SPV) or a Manager entity (for an LLC SPV) domiciled in the US to function as the Manager or GP of your SPV. If you do not have one, Carta will engage a third party service provider on your behalf to create an LLC for an additional one-time fee of $2,000, using a Carta document template Operating Agreement. The SPV entity will be formed in the state of Delaware. Except as stated in this scope of services, all expenses after initial formation are your responsibility. Responsible party must be a US-based natural person with a US taxpayer ID. Template SPV Formation DocumentsCarta will provide the following SPV formation templates:Certificate of Formation (filed with Delaware)LLC Operating Agreement or Limited Partnership AgreementSubscription AgreementInvestor Questionnaire  USE OF CARTA’S DRAFT SPV FORMATION DOCUMENT TEMPLATES IS ENTIRELY AT YOUR OWN RISK AND SUBJECT TO CARTA’S LEGAL DOCUMENTS TERMS OF USE AND DISCLAIMER LOCATED AT https://carta.com/privacy/document-generation-terms-and-conditions/. CARTA ASSUMES NO LIABILITY FOR THE USE OF OR RELIANCE ON THESE DRAFT DOCUMENTS.  Carta does not guarantee such draft documents’ applicability or accuracy in regard to your particular circumstances. These documents are provided “as is” without warranty of any kind, either express, implied, or statutory, including without limitation, warranties of merchantability, fitness for a particular purpose, satisfactory purpose, title or noninfringement. Some jurisdictions do not allow the exclusion of implied warranties, so these exclusions may not apply to you. Talk to your Carta representative to receive samples of the SPV formation templates. To qualify for Carta SPV formation services you must use the templates provided. If these templates do not conform with your desired SPV structure, then your SPV will not be eligible for Carta formation services. However, your SPV may be eligible for Carta administration services.For any SPV documents outside of the formation templates, please talk to your Carta representative for legal partner referrals. ClosingsClosings must be executed on the Carta Closings feature using our subscription documents and Investor Questionnaire. Carta Closings allows you to invite investors to create a Carta account to complete closing steps. You are responsible for tracking investors as they execute subscription agreements and monitoring their responses to the Investor Questionnaire. Other FilingsIncluded in SPV formation, Carta will:Prepare and file your Form D filing and blue sky securities filings within 15 days of the first close of investors into your SPVCarta will prepare the forms for your approval before filing, and you remain solely responsible for the accuracy and completeness of such filings. Carta may assist with related amendments or renewals as needed.You will(1):Promptly notify Carta of your first SPV closing and each additional closingProvide Carta with state residency information for all of your investorsYour SPV formation does not include the preparation or filing costs associated with:Any GP entity or Manager entity formation filings, fees, or expenses, unless GP entity formation add-on is selectedState qualifications to do business Form ADV or state investment adviser filings*DissolutionOther state or municipality specific fees or filings not listed as specifically included.***Carta can provide introductions to a third party service provider who will assist you with preparation and filing of your Form ADV or equivalent.** Depending on the state(s) in which you operate, different fees, expenses, or filings may apply. All state specific fees and filings, unless specifically noted above, are not covered under your annual SPV fee. For options with managing the above, which are outside the Carta base SPV Scope of Service, reach out to your Carta representative for a referral to one of our preferred partners. Investor KYC Due DiligenceIncluded in your SPV formation fee, Carta will provide “know your customer” (KYC) and “anti-money laundering” (AML) services for up to 60 investors. Additional investors can be serviced for an additional fee. Learn more here.  Annual Filings So long as you are continuing with Carta for SPV administration, Carta will:Prepare and file your annual Delaware annual reportPay your SPV’s annual Delaware franchise taxesPay your SPV’s annual Registered Agent fee You will(1):Provide any change of information required for the Delaware annual report II. SPV Administration Accounting services are supported for USD-denominated entities only.US GAAP ReportingThe following statements will be produced via the Carta platform:Balance SheetStatement of OperationsSchedule of Investments (SOI) Statement of ChangesPartners’ Capital Account Statements (PCAPs) The following performance metrics will be available on the Carta platform: Net IRR, Gross Deal Level IRR, RVPI, TVPI, DPI and MOIC.You can view a sample of the Carta system-generated external financial reporting package here. Books and Records Carta will update and maintain the accounting books and records for the SPV. You will have easy, read-only access to review the books and records. For the SPV, Carta will: Maintain and update the Schedule of Investments (SOI) on the Carta platform Maintain total capital called and distributions received for indirect investmentsUpdate valuations at quarter-end or at a material financingNecessary documents or information you will provide Carta(1):Required documents and information from the Implementation ChecklistFully executed closing set for portfolio company investments (e.g., countersigned purchase agreement, articles of incorporation (AOI) / certificate of formation)Fully executed subscription packets for Fund of Fund investmentsSubmit price per share and/or ending fair market value of SPV-specific holdings at least 15 business days prior to reporting deadline in accordance with the SPV’s valuation policy (requires finalized supporting documentation consistent with industry standards). PCAPs for underlying Fund of Fund investments - Client is responsible for retrieving any fund investment related documents from external sources/third parties, including but not limited to investors’ capital account statements, capital call notices, distribution notices, and financial statements.Complete dissolution of the business at end of life of the applicable entities, after final distribution  Banking and PaymentsCarta will:Provide annual cash reconciliationSet up electronic payments for all cash activity as requestedConfirm all fund expenses (including management fee calculations) are done in accordance with the operating agreement(s)Manage Form 1099 process electronically at year-end as approved, including filing with IRS on client’s behalf  You will provide Carta(1):Access to the SPV's bank account as required, with the ability to set up payments (bank must have two step-authorization capability and account must be in the SPV's name)Vendor W-9s and email contact prior to initial paymentWire or other payment instructions, invoices for expenses, and executed purchase documents for investments  You are responsible for:Setting up bank accounts, one for each Carta administered entity, with your chosen banking partner as approved by Carta*Final review and releasing of payments after you receive confirmation from CartaPerforming any call backs to your vendorEnsuring accurate user profile setup within the Carta platformEstablishing authorized access to your bank accountResolving any failed, rejected, returned, or on hold payments due to additional information or documentation needed by your banking partner* Change in banking partner may result in a fee adjustment.   These services are subject to the Venture Capital Payment Terms and Conditions located at https://carta.com/legal/agreements/venture-capital-payment-terms-conditions/. Carta offers the opportunity to establish a bank account with our banking partner, subject to the bank's client criteria. You are not required to use our banking partner and may use any bank of your choice, however please note that this may result in a fee adjustment.  Year-End FilingsYou will:Complete any municipal, state, foreign, or federal reporting or regulatory filings. Such filings or reporting will not be completed by CartaCarta will not be responsible for any SSBCI-related activities, including but not limited to any SSBCI-specific reporting requirement, custom chart of accounts or custom reporting. Client will handle all SSBCI-specific reporting requirements and filings with the applicable states. Tax Support Carta will:Provide books, records, and supporting documentation to your tax preparerDistribute K-1s generated your tax provider through the Carta platformYou will:Coordinate execution of the tax engagement letter (by September 30 of each year) and tax returns, with executed copies to Carta as applicableManage relationship with tax preparer, including answering ongoing questions and requests from your tax preparer  To further streamline your SPV administration, Carta offers SPV tax preparation services for an additional price. Learn more here. Audit Support  Audit support is subject to an additional charge.   If you choose to have an audited SPV, Carta will:Provide books, records, and supporting documentation to your auditorComplete template for audit confirms; auditor to send and collect from various parties (portfolio companies, banks, legal counsel, etc.)Complete audit notes and financial statements in the Carta platform. You can view a sample of the audited financial reporting package here.Distribute audit report generated by your auditor through the Carta platformYou will(1):Coordinate execution of the audit engagement letter (by September 30 of each year), audit representation letter, audit confirms, etc. with executed copies to Carta as applicable Manage relationship with auditor, including completion of audit notes and ongoing questions and requests from the audit team   Complete and deliver audit reports in a timely mannerCollect AOIs, financials, and other valuation support for portfolio companiesProvide industry and geography details as well as updated contact info for all portfolio holdingsProvide SPV’s valuation policy and valuation support to substantiate any discretionary valuation adjustments or approaches consistent with industry standardsCollect capitalization tables and annual financial statements for portfolio companies*  * With Carta’s Portfolio Insights, you get a comprehensive and shareable view of your portfolio companies' performance, including the collection of capitalization tables and annual financial statements. Please reach out to your Carta representative for information on this service. Capital Calls Carta will:Add new investors to the Carta platform and issue the initial capital call notice upon your execution of the subscription agreement *Execute on your post initial capital call requests the same business day if received prior to 3pm EST4 * Initial capital call notices will automatically be generated only if you use Carta’s Closings feature, included in your SPV administration fee. If you do not use the Closings feature, you must submit a capital call request to Carta before Carta can issue the capital call notice. This may take up to 48 hours.The following are available via the Carta platform:Per-investor calculations, preparation, and distributions of capital notice to investors Tracking receipts of capital contribution paymentsFollow-ups to investors (at your discretion) 24 hours after the capital call due date  You will(1):Submit and approve capital call requests through the Carta platform  Provide potential investments and realizations for cash projectionsProvide the percentage or dollar amount to be called and any other required informationNotify Carta of commitment or carry percentage changes by member  Cash DistributionsCarta will:Perform waterfall calculations in accord with the operating agreement(s)Send notifications to investors to update their wire instructions on the Carta platformComplete and coordinate potential tax distributions  Draft and publish distribution notices on the Carta platformSet up distribution wires in your bank account as approved  You will(1): Provide amounts to be distributed and final sign-off on calculations*Follow-up with investors to confirm wire instructions beyond two failed attempts* 5 business days(2) notice required for distribution requests Stock Distributions Carta will:Perform waterfall calculations in accord with the operating agreement(s)Draft and publish distribution notices on the Carta platform Provide allocation of shares to Client’s third-party brokerages to facilitate distributions  You will(1):Provide number of shares to be distributed and final sign-off on calculations*Collect DTC instructions from investors and coordinate with your selected third-party brokerage firm* 5 business days(2) notice required for distribution requests (2,580 words)
- [First-time audit checklist | Carta](/content/learn/resources/first-time-audit-checklist/index.html): Download our audit preparation checklist to get ready for your first financial audit with confidence. Learn what documents you’ll need and how to ensure accurate reporting. (377 words)
- [Scope of Services: Management Company (APAC) | support.carta.com](/content/support/kb/guide/en/scope-of-services-management-company-apac-cyvbkqgd8x/steps/3725048/index.html): Scope of Services: Management Company (APAC)ServicesCarta responsibilitiesClient responsibilitiesMaintain accounting books and recordsQuarterly cash reconciliationProvide read-only access to bank account with the ability to set up wiresAnnual management of accounts payable, accounts receivable, and prepaidsProvide wire instructions and invoices for expenses, investments, create invoices that are sent to portfolio companiesMonthly invoice payments (excludes payroll services)Client to provide invoices and any other supporting documents (if applicable). Provide monthly report/statement from third party payroll service provider.Annual non-cash journal entry processing (accruals, amortizations, etc.)Timely completion of regulatory business filings such as MAS filing and its equivalentProvide books and supporting documentations to audit providerAll documents to tax or audit teams will be shared through Box (126 words)
- [Scope of Services: Carta Corporate Secretarial (UK) | support.carta.com](/content/support/kb/guide/en/scope-of-services-carta-corporate-secretarial-uk-vfyxwsgkwo/steps/3724854/index.html): Scope of Services: Carta Corporate Secretarial (UK)Carta will provide the following services for entities under contract for Corporate Secretarial Services:I. GENERAL CORPORATE SECRETARIALSetup and MaintenanceCarta’s Corporate Secretarial Services can assist you with the following actions:Maintenance of statutory registers (Register of Members)Preparation and submission to the Companies House of any statutory filing requirementsShare TransfersChange in registered business addressPreparation and submission to Companies House of statutory forms in relation to any changes in partners or the name of any partner, to the Fund’s name or general nature of the Fund’s businessChange of financial year endYou are responsible for:As to Share Transfer related matters, providing us with the signed documents that Carta will be preparing at least 14 business days from effective dateGiving instructions to your current service provider for the cessation of their service and to coordinate with Carta on the handover of company statutory records (if applicable)Audit, accounting, and bookkeeping records*Tax filings; requirements may change if you have purchased tax servicesDisbursements and government fees *If you have purchased Fund Administration, Carta may provide accounting books and records. (733 words)
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- [Scope of Services: Safekeeping | support.carta.com](/content/support/kb/guide/en/scope-of-services-safekeeping-xhayfjjjxa/steps/3724931/index.html): Scope of Services: SafekeepingServiceCarta responsibilitiesClient responsibilitiesSafekeeping servicesProvide vault storage of certificates sent to Carta by Client in Salt Lake CityProvide Carta with all securities to be held for safekeeping, sent to: Carta Attn: Safekeeping 9800 S Monroe St Sandy, UT 84070Scan and upload scan of certificates onto Carta platform for Client to accessProvide Carta with the related tracking number when sending a certificate by emailing safekeeping@carta.com with that informationRetrieve certificates from vault upon Client request and send to Client via FedEx 2-day shipping within the United StatesProvide (and update as necessary) a list of authorized representatives who may request withdrawal of securities and provide to CartaMaintain accurate record of Client holdings on Carta platformProvide written instructions to Carta, via an authorized representative, for each security withdrawal requestSupport provided to Client via Carta Investor Services Support No Custody of Securities. For avoidance of doubt, Carta does not act in the capacity of or provide services as a “qualified custodian” under SEC Rule 206(4)-2 under the Investment Advisers Act of 1940. Carta will not accept, or be responsible for, custody of any securities of Client. If Carta inadvertently receives any such securities, Carta will promptly return them to Client, at Client’s cost. If necessary, Client will be solely responsible for depositing its securities with a qualified custodian in an acceptable control location and for paying all related costs. No Safekeeping of Monetary Instruments. Client should not for any purpose cause or seek to cause any cash or other monetary instruments to be delivered to Carta. Any cash or monetary instruments that are inadvertently received by Carta will be promptly delivered or returned, as the case may be, to Client. No Valuation or Authentication. Carta is not responsible for the valuations of the securities, and Carta will not provide valuations for or authenticate securities. Carta will not be responsible for (i) the collection of income, interest or any other payments which may be due or payable with respect to the securities, or (ii) forwarding mail or other communications it receives in regard to the securities. Carta will not re-register the securities in its name as agent or in any manner. (369 words)
- [Share-Based Payments – Free Guide | Carta](/content/sg/en/learn/resources/share-based-payments-guide/index.html): Download Carta’s free share-based payments guide. Learn how to report equity expenses accurately, avoid common mistakes, and get audit-ready with expert tips. (161 words)
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- [Scope of Services: Carta Europe Customer Due Diligence | support.carta.com](/content/support/kb/guide/en/scope-of-services-carta-europe-customer-due-diligence-ppt3sq31i1/steps/3724840/index.html): Scope of Services: Carta Europe Customer Due DiligenceSERVICECARTA RESPONSIBILITIESCLIENT RESPONSIBILITIESCustomer AML/KYCCarta will provide the AML and KYC services, including Customer Due Diligence (“CDD”)  Initial sanction and watch list screeningsPolitically Exposed Person (PEP) list;Sanctions list;Watch list;Enforcement list; andAdverse media.Review of entitiesEntity information;Control person of entity;Individual beneficial owners with 10% or more ownership, as applicable; andVerification of identification as described above.Perform Risk Rating Assessment on the investor.Periodic MonitoringObtain and review updated CDD informationRe-perform risk rating assessmentProvide an update to the Client on any change in the screening and risk rating assessment.Perform ongoing monitoring for contract periodGP (or legal counsel) must first provide Carta with all necessary information, as follows:  For entities:Fund formation document;Name of the entity;Address;Company registration numberConfirmation regarding the origin of wealth, i.e. evidence of how the funds for the investment were accumulated;Government-issued ID number (Tax Identification Number)US PersonFATCAGIINCRSGP to provide Carta with individual information for beneficial owners with 10% or more ownershipName;Title;Personal address;Date of birth;Copy of passport or other valid government issued photographic identification which includes the individual's name, document identification number, expiration date, nationality, date and place of birth, and a signature page;Copy of proof of address (e.g. a utility bill, tenancy agreement, bank reference or bank statement), which is dated no earlier than three (3) calendar monthsConfirmation regarding the origin of wealth, i.e. how the funds for the investment were accumulated (required for those with an economic interest in the investment only); andTax identification number (TIN/NIN/UTR/SSN) (306 words)
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- [Scope of Services: Carta Management Company Administration (UAE) | support.carta.com](/content/support/kb/guide/en/scope-of-services-carta-management-company-administration-uae-m7olfsytz8/steps/4377934/index.html): Scope of Services: Carta Management Company AdministrationPer annum pricing will be determined based on your individual management company entity structure, needs, and complexities. Standard / Complex I. Accounting ServicesAccounting services are supported for USD-denominated entities only. Financial Reporting The following Carta system-generated year-end reports will be made available annually for the Management Company in the Carta platform:Balance SheetStatement of OperationsCarta system-generated financial reports will be made available in the Carta platform.Books and RecordsCarta will update and maintain the accounting books and records for the management company. You will have easy, read-only access to review the books and records. For the Management Company, Carta will:Maintain annual accounting books and records (dependent on completion of fund’s books and records)Grant read-only access on the Carta platform for review of books and records, including the balance sheet, income statement, and general ledger to individuals specified by youConduct capital transaction tracking by member (contributions and distributions)Provide monthly open items listProvide monthly cash reconciliation up to an average of:Standard: 40 transactions per monthComplex: 80 transactions per monthRecord and track intercompany payable and receivable balances between the management company and affiliated entities administered by CartaStandard: Up to 3 affiliated entitiesComplex: 4 or more affiliated entitiesRecord credit card and expense reimbursements on an aggregated basis by expense type and entity category as provided by Client on Carta-provided templateRecord payroll within the Management Company's books and recordsNon-cash accruals:Standard: N/A - Carta will not process non-cash journalsComplex: Carta will process non-cash journals such as expense accruals, amortizations, etc. on an annual or quarterly basisYou will (1):Provide executed copies of the Management Company’s W-9 and Operating AgreementProvide updated Management Company ownership schedulesProvide additional verification of balance sheet items (as needed)Provide responses to monthly open items list within 15 business days after receipt from Carta and within 5 business days for year end purposesProvide clear and timely written instruction on any expenses paid by the management company on behalf of any other entities, whether administered by Carta or not, and create invoices that are sent to portfolio companies or other parties for services rendered, board feed, and/or any other monies dueProvide detailed breakout of credit card statements including expense and entity categorization on a monthly basis in tabular format (MS Excel or Google Sheets) on Carta-provided templateMaintain any support necessary for any governmental or private auditEngage with third-party payroll provider and maintain responsibility for full setup of payroll provider (including all employee changes) and provide Carta with read-only access to payroll platformNon-cash accruals:Standard: N/A - No non-cash supportComplex: Provide amounts and details such as vendors and dates related to non-cash accrualsUpdate expected budget values within the Carta GL on an ongoing basisAccess the Carta platform for self-serve monthly budget vs. actual reports available within the Carta GLBanking and PaymentsCarta will:Set up electronic payments for all cash activity as requestedCarta will not process payments on third party platforms other than the approved client bank and bill.comYou will provide Carta (1):Access to the management company’s bank account with your chosen banking partner as approved by Carta*, with the ability to set up payments (bank must have two step-authorization capability and account must be in the management company’s name)Read-only access to bank account with the ability to set up wiresVendor W-9s and email contact prior to initial paymentWire or other payment instructions and invoices for expensesWire instructions, invoices, vendor email and W-9s for expenses and investments, create invoices that are sent to portfolio companiesYou are responsible for:Setting up bank accounts, one for each Carta administered entity, with your chosen banking partner as approved by Carta*Final review and releasing of payments after you receive confirmation from CartaPerforming any call backs to your vendorDepositing checksEnsuring accurate user profile setup within the Carta platformEstablishing authorized access to your bank accountResolving any failed, rejected, returned, or on hold payments due to additional information or documentation needed by your banking partner* Change in banking partner may result in a fee adjustment. These services are subject to the Venture Capital Payment Terms and Conditions.Year-end Filings, Tax and Regulatory ReportingCarta will:Provide books and records, along with supporting documentation, to tax provider specified by you through BoxDistribute K-1s to partnersProcess member draws:Standard: Up to an average of once per quarter over the coverage periodComplex: Up to an average of once per month over the coverage periodProcess payments related to regulatory reporting and feesManage the Form 1099 process electronically at year-end as approved, including filing with IRS on client’s behalfYou will:Calculate and instruct member drawsCalculate any necessary owner allocationsComplete dissolution of the business at end of its lifeProvide executed tax engagement letters and tax returnsCoordinate with your selected tax provider to file for an extension, as necessaryComplete any municipal, state, foreign, or federal reporting or regulatory filings. Such filings or reporting will not be completed by CartaEnsure timely completion of regulatory business filings such as, but not limited to, Form ADV-1Review and approve year end 1099 summary by vendorTo discuss any services that are outside of the scope addressed above, please talk to your Carta representative. (1) Additional documentation or information may be required by Carta as circumstances warrant. DISCLOSURE: This communication is being sent on behalf of Carta Investor Services, Inc. (“Carta”), an affiliate of eShares, Inc. dba Carta, Inc. Certain transactional fees may apply. 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. Carta does not assume any liability for reliance on the information provided herein. *Regulated by the Financial Services Regulatory Authority in the ADGM (907 words)
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- [First-time audit checklist | Carta](/content/sg/en/learn/resources/first-time-audit-checklist/index.html): Download our audit preparation checklist to get ready for your first financial audit with confidence. Learn what documents you’ll need and how to ensure accurate reporting. (141 words)
- [Scope of Services: Carta Corporate Secretarial  (Luxembourg - Unhosted) | support.carta.com](/content/support/kb/guide/en/scope-of-services-carta-corporate-secretarial-luxembourg-unhosted-16vhwobyfg/steps/3724626/index.html): Scope of Services: Carta Corporate Secretarial (Luxembourg - Unhosted)Carta will provide the following Corporate Secretarial Services: General Partner Entity: General Corporate Secretariali. Setup, Mandate and MaintenanceThe Agent (as defined in your engagement letter) will:Domiciliation of the General Partner (General Partner to establish its registered office at the Agent’s Luxembourg address )Supply of 1 director to the General Partner (the “Director”), to be appointed with effect from the General Partner entity’s incorporation date (1)Such director will be subject to the articles of association of the General Partner and responsible for the management of the General Partner with all the other directors (2)If for any reason the director appointed is incapable of performing their duties for 2 consecutive months, the Agent will appoint a substitute directorHold all relevant documents of the General Partner (such as board and shareholders’ meetings, register of shareholders, tax returns, annual financial statements, commercial register excerpts, etc)Hold the General Partner’s register of shareholders and record changes and transfersReceive, sign for and keep record of all correspondence and notices addressed to the General Partner and make available or give notice of the sameConvene the General Partner’s ordinary general meetings and prepare the minutes and the lists of those attendingEffect any legal publications required by law and/or registration with the commercial registerInform the General Partner’s constituent bodies or its shareholders of the legal formalities to be observed in LuxembourgKeep safe, on behalf of the General Partner, the General Partner’s accounting books and all other legal documents. The Agent is authorised, within the terms of currently valid legislation, to prepare the books and accounting documents using computer procedures and to store them on a computer medium. (3)You will:Undertake strictly to observe the Luxembourg or foreign legal and administrative regulations in force in Luxembourg and abroadArrange for the provision of the Responsable du respect des Obligations (RR) and a Responsable du contrôle du respect des obligations (RC). You are responsible for the provision of these required roles of the General PartnerHereby grant special power by the General Partner to the Agent to record in the register of shareholders a transfer which is recorded in a notarial deed or private agreement or any documents establishing the agreement between the assignor and the assigneeTake responsibility for any audits of the General PartnerHereby confirm that you have received adequate information regarding the relevant Luxembourg or foreign fiscal and commercial legislationAgree to transmit to the Agent at the earliest possible date and at the latest within the 15 days of their signature or their establishment all of its books, registers, documents, minutes, agreements, certificates and files necessary for the Agent in fulfilling its obligations and/or required by the law or the Luxembourg authoritiesInform the Agent of any litigation or conflict in which it may be, or could be, involved and of any lawsuit in which it is implicated or be a partyAdvise the Agent of any major event affecting or capable of affecting the General Partner in any general manner whatsoever, including the institution of any criminal proceedings against the General Partner , its shareholders and/or directorsInform the Agent immediately of any changes in its articles of incorporation as well as any changes in the share ownership structure, its bodies as well as its ultimate beneficial owners, and to provide the Agent all the relevant documentsTransmit to the Agent any correspondence addressed to itGive the Agent full powers to effect, at the General Partner ’s expense, any deposits, registrations and publications required by the law relating to commercial companiesUndertake to supply the General Partner ’s bank account with sufficient funds so that the General Partner may honor its financial obligations at all timesUndertake to give its instructions to the Agent only in written form, the General Partner bearing the burden of proof that such written communication has been received. (4)As the case may be, modify the articles of association of the Manage in order to ensure that all acts binding the General Partner must be authorised by proper proceedings and that the Director shall at all times be properly informed and shall have the opportunity to participate in such proceedingsHold the Agent and/or Director harmless for damages, costs or expenses incurred by the General Partner in relation to or consequent upon any action or omission by the Agent and/or the Director, which might be owed as a consequence of the appointment as such or in the course of the appointment as Director of an employee of the Agent except in the case of fraud, negligence or deliberate dereliction of duty by the Agent and/or the DirectorIndemnify the Agent and/or Director for complaints, debts, legal proceedings, fines, taxes, expenses, damages and costs (including those of accountants, auditors, lawyers or other advisors) incurred by the Agent and/or Director on the basis of its present, past or future acts or omissions as a Director of the General Partner , except in the case of fraud, negligence or deliberate dereliction of duty by the Agent or the DirectorWhere the Director has not performed his duties set out herein, you will only be allowed to claim against the Agent and irrevocably waives any right to claim against such Director and the Agent hereby holds itself liable for any such claimsProvide the Agent with details of D&O indemnity insurance held by the group of which the General Partner is a part or by the General PartnerProvide and maintain an appropriate D&O indemnity insurance insuring each director for the full period during which they are appointed and until such time the director can no longer be held liable for any acts or omissions in relation to his mandate as director of the General PartnerYou will not:Carry out operations contrary to the law, public policy and bonos mores, its articles of association and, in particular, the specific regulations applicable to the General Partner, in the Grand Duchy of Luxembourg and abroadDo anything that may affect the independence of the Agent or its associatesEngage in any action which may give third parties, in a letter or any other document, the impression that the Agent assumes or participates in the direction, management or control of the General Partner , or guarantees its commitmentsHold liable the Agent or the Director for claims related to the due performance of its obligations set out herein  (3,506 words)
- [State of pre-seed: Q2 2024 | Carta](/content/data/state-of-pre-seed-q2-2024/index.html): Pre-seed investing continues to evolve. Carta's Q2 2024 report on pre-seed investing examines trends in financings at the earliest stage of the startup lifecycle.  (409 words)
- [APAC Due Diligence Scope of Services: British Virgin Islands-based  Funds | support.carta.com](/content/support/kb/guide/en/apac-due-diligence-scope-of-services-british-virgin-islands-based-funds-ypsdlq9bnq/steps/4351638/index.html): SERVICECARTA RESPONSIBILITIESCLIENT RESPONSIBILITIESInvestor AML/KYC (Non-U.S. based Funds)Carta will provide the following AML/KYC  Investor AML/KYC (Non-U.S. based Funds) Carta will provide the AML/KYC services, including conduct Customer Due Diligence (“CDD”) for all investors and its  connected parties, as follow: Onboarding Collecting and reviewing of CDD documents and relevant information as required Identification and verification of the identities of the investor and its connected parties, such as - Entity information; Control person of entity; Individual beneficial owner holding 10% or more interests, where applicable Conduct screening on the investor and its connected parties and provide report to the Client on the screening results for the following watchlists: Politically Exposed Person (PEP) list; Sanctions list; Enforcement list; and Adverse media. Perform risk rating assessment on the investor Periodic monitoring Review and request updated documents so as to maintain the documents/information up-to-date Conduct screening Perform risk rating assessment Provide update to the Client on any change in the screening and risk rating Perform recurring  screening of applicable parties during the contract period  Client (either through Client’s GP or Client’s legal counsel) to provide Carta with all necessary KYC documents containing the relevant information required by Carta to perform the AML/KYC services on the investor and its connected parties. Investor’s KYC documents such as: For Individuals: Current passport; Proof of address; and Source of Funds and Source of Wealth Declaration and its supporting document For entities: Copy of formation documents; Register of Directors and Controlling Persons; Register of Shareholders; Source of Funds and Source of Wealth Declaration; Latest financial statement; and Identification and verification of IDs of each director, controlling person and shareholder. Note: List of KYC documents required subject to the types of investors. , including conducting Customer Due Diligence (“CDD”) for all investors and  connected parties:OnboardingCollecting and reviewing of CDD documents and relevant information as requiredIdentification and verification of the identities of the investor and connected parties, such as -Entity informationControl person of entityIndividual beneficial owner holding 25% or more interests, where applicableConduct screening on the investor and connected parties and report to the Client on the screening results for the following watchlists:Politically Exposed Person (PEP) list;Sanctions list;Enforcement list; andAdverse mediaPerform risk rating assessment on the investorPeriodic monitoringReview and request updated documents to maintain  up-to-date documents/information Conduct screeningPerform risk rating assessmentProvide updates to the Client on changes to the screening and risk ratingPerform recurring  screening of applicable parties during the contract period Client (either through Client’s GP or Client’s legal counsel) to provide Carta with all necessary KYC documents containing the relevant information required by Carta to perform the AML/KYC services on the investor and its connected parties. Investor’s KYC documents include: For Individuals:Current passport;Proof of address; andSource of Funds and Source of Wealth Declaration and its supporting documentFor entities:Copy of formation documents;Register of Directors and Controlling Persons;Register of Shareholders;Source of Funds and Source of Wealth Declaration;Latest financial statement; andIdentification and verification of IDs of each director, controlling person and shareholder.Note: List of KYC documents required subject to the types of investors. This scope  is designed for funds domiciled in the British Virgin Islands (“BVI”) and  meets the AML rules and regulations set by the Financial Services Commission (“FSC”).  The AML rules and regulations include such as Anti-Money Laundering Regulations, Anti-Money Laundering and Terrorist Financing Code of Practice, AML/CFT Policy, Proliferation Financing (Prohibition) Act, and the guidance notes on Anti-Money Laundering and Countering the Financing of Terrorism and Proliferation, each as amended from time to time. It may not be suitable for funds domiciled in other jurisdictions.  
This scope of service is a supplemental service to support a BSA/AML program that is owned by the Client.  
If contracted for KYC as a service, please note that Carta does not act as the Client’s BSA/AML Officer; supplemental Compliance Officer, and/or General Counsel. 
The contracted service does not replace the need for an independent BSA/AML program owned by the Client.  
This scope of service does not include nor does Carta provide guidance to the Client in regards to customer/investor risk, customer compliance, geographic risk, or compliance/legal ramifications of non-compliance to BSA or other applicable regulations.  The Client owns the compliance risk and ultimately responsibility for their own BSA/AML program.  
DISCLOSURE: This communication is on behalf of Carta Investor Services, Inc. ("Carta"), an affiliate of eShares Inc., d/b/a Carta, Inc. ("Carta, Inc."), and is not to be construed as legal, financial, accounting or tax advice; it is for informational purposes only. This communication is not intended as a recommendation, offer or solicitation for the purchase or sale of any security. Neither Carta nor Carta, Inc. assumes any liability for reliance on the information provided herein. (467 words)
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- [Scope of Services: Investor KYC Due Diligence (U.S.) | support.carta.com](/content/support/kb/guide/en/scope-of-services-investor-kyc-due-diligence-u-s-xp4qevumds/steps/3724569/index.html): Scope of Services: Investor KYC Due Diligence (U.S.)ServiceCarta ResponsibilitiesClient ResponsibilitiesDue Diligence Screening and ID Verification (U.S. based Funds)Provide the Client with a comprehensive report of findings, including the verification of investor identities through documentary and non-documentary reviews, complemented by real-time screening results from global sanctions, PEP, enforcement, and adverse media watchlists. The report will be issued within an estimated 3-5 business days* of Carta receiving all necessary information from Client and/or investor. Carta will only perform screening on specific investors as requested by Client. Identification document verification of individualsU.S. ID verification: With IRS Taxpayer Identification Number and third-party databases as well as valid government-issued photo ID (e.g. passport, driver license) provided by Client.Non-U.S. ID verification: With valid government-issued photo ID provided by Client.Review of entitiesEntity informationControl person of entityIndividual beneficial owners with 25% or more ownership, as applicableVerification of ID as described above.Initial sanction and watch list screeningsPolitically Exposed Person (PEP) listSanctions lists (OFAC and international lists)Adverse media (inclusive of Enforcement list and Watch list)Ongoing MonitoringPerform daily recurring screening of applicable parties (inclusive of PEP, Sanctions, and Adverse Media)Notify Client of any material findings identified from daily recurring screeningClient must identify investors for Carta to screen. Client (either through Client, Client's legal counsel, or investor directly) must first provide Carta with all necessary investor information, as follows: For individuals:NamePersonal Residence AddressDate of BirthTaxpayer Identification Number (SSN for U.S. individuals)Valid government-issued photo ID (must not be expired)For entities:Name of entityAddressFormation document(s)Taxpayer Identification Number (EIN for U.S. entities)Beneficial Owner Info: Client to provide Carta with information for beneficial owners, which includes all individual or entity owners with 25% or more direct or indirect ownership and at least 1 control person (including Full Legal Name, Personal Residence Address, Date of Birth, and Government-Issued Photo ID). Carta may require supplemental data on beneficial ownership for complex, multi-tiered structures.Important Notes and DisclaimersSLAs: All Carta SLAs exclude public holidays and office closures.U.S. Scope Only: This scope is designed for funds domiciled in the U.S. to meet U.S. standards for AML and KYC identity verification. It may not be suitable for AML/KYC requirements in other jurisdictions.Not a Replacement for a Full Compliance Program: This is a supplemental service to support the Client’s own BSA/AML program. Carta does not act as the Client's BSA/AML Officer, Compliance Officer, or Legal Counsel. This service does not replace the need for an independent BSA/AML program owned by the Client.Client’s Risk Assessment: Carta does not provide guidance regarding customer/investor risk, geographic risk, or legal or regulatory consequences of non-compliance. The Client is solely responsible for AML compliance decisions and their own AML compliance program in general.No Provision of Enhanced Due Diligence (EDD): The Client is responsible for evaluating results and performing enhanced due diligence on LPs as the Client sees fit.Legal DisclosureThis communication is on behalf of eShares Inc. dba Carta, Inc. and is not to be construed as legal, financial, accounting, or tax advice. It is for informational purposes only. This communication is not intended as a recommendation, offer, or solicitation for the purchase or sale of any security. Carta assumes no liability for reliance on the information provided herein.  © COPYRIGHT 2026 ESHARES, INC. DBA CARTA, INC. ALL RIGHTS RESERVED. (573 words)
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- [Scope of Services: Carta Fund Tax Preparation (UK) | support.carta.com](/content/support/kb/guide/en/scope-of-services-carta-fund-tax-preparation-uk-yxwoyvonl7/steps/3724858/index.html): Scope of Services: Carta Fund Tax Preparation (UK)Carta Fund Tax Preparation is an add-on service not included in your Carta Fund Administration subscription. Per annum pricing will be determined based on your individual fund structure, needs, and complexities. Carta Fund Tax Preparation - Base ServicesIncluded in the base Carta Fund UK Tax Preparation package, Carta will work with you to:Register UK Members with HMRC (if necessary, by way of form SA401)Prepare and file UK annual Partnership tax returns (SA800)Carta Fund Tax Preparation - Base US Module*Depending on whether your fund admits US investors, you may be required to add US Module services in addition to the services included in the base Carta Fund UK Tax Preparation package:Prepare and distribute pro forma of Form 1065 and Schedule K-1*Part of the purchased package is included in the Carta Fund Tax Preparation (UK) Scope of ServicesPremium Tax Preparation ServicesDepending on your fund structure, you may need the following services relating to the Carta Fund US Tax Preparation subscription based on the below characteristics, including but not limited to:Prepare and file your Funds’ federal tax return (Form 1065)Prepare and distribute Schedule K-1s for partnersPrepare, file, and distribute state filings for your Fund and partners (when required) Based on each fund’s circumstances and filing requirements, Premium Tax Preparation Services are provided for an additional fee. Talk to your Carta representative to discuss premium tax services fee or any filings not listed above. Fees will be billed to Client upon completion of tax filing. Not SupportedWhile most funds are able to be serviced by Carta Fund Tax, the product will be unable to support funds with any of the following non-standard characteristics:Entities not administered through CartaNon-accrual books Investments in cryptocurrenciesInvestments in real estate or other non-venture asset classes Fund structures with master feeder or blocker entitiesAny other non-standard characteristics as identified by Carta from time to time Client ResponsibilitiesClient must confirm the Fund’s data, including but not limited to the asset(s) held, by:US: 5 January after the year of the applicable tax filing deadlineUK: 5 May of the year of the applicable of the tax filing deadlineClient will authorize Carta to append the Client’s signature to an e-file authorization form so Carta can file tax returns on their behalf.Client is responsible for the Fund’s investors confirming their respective tax information in the Carta platform by: US: 5 January of the year of the applicable US tax filing deadline.UK: 5 May of the year of the applicable UK tax filing deadline.Once Client has submitted all required information Carta will make initial draft tax forms available to Client for review by Client. Such drafts will be subject to further review and revision by Carta’s tax team, and updated versions will be made available to Client for review and approval before filing.Client shall be responsible for approving and, if applicable, signing tax forms prior to filing by Carta.If the deadlines set forth above are not met or if Client or Client’s investors provide incorrect information:Carta shall not be responsible for any penalties due to late or incorrect filings.Carta shall not be responsible for late tax payments.Carta may file extensions where necessary.By engaging Carta, Client authorizes Carta and its affiliates to review all information about Client and its partners that Client or its partners provide to or receive from any Carta affiliate.Additional terms and conditions apply: https://carta.com/legal/agreements/tax-preparation-product-specific-terms  DISCLOSURE: This communication is on behalf of eShares Inc., dba Carta, Inc. ("Carta") and its affiliates. 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. Carta does not assume any liability for reliance on the information provided herein.©2024 eShares, Inc. dba Carta, Inc. All rights reserved. (664 words)
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- [Scope of Services: Carta Fund Administration (APAC) | support.carta.com](/content/support/kb/guide/en/scope-of-services-carta-fund-administration-apac-ubuksjhi9n/steps/3725026/index.html): Scope of Services: Carta Fund Administration (APAC)SERVICECARTA RESPONSIBILITIESCLIENT RESPONSIBILITIESMaintain accounting books and recordsMaintain and update schedule of investments on Carta platform, including total capital called and distributionsProvide Carta with:Fully executed operating agreements with list of commitments and carry percentage by memberSubscription packetsSide letters (if applicable)Investor W-8s/W-9s(FATCA forms), CRS self-cert forms and up-to-date contact informationValuations updated at quarter-endProvide Carta with:Accrual adjustments:45 Day Reporting: Provided within 10 business days after quarter end.60 Day Reporting: Provided within 15 business days after quarter end.Prices per share and/or ending valuation of ownership for updated valuation:45 Day Reporting: Provided within 10 business days after quarter end.60 Day Reporting: Provided within 15 business days after quarter end.Valuations loaded 48 hours* after receipt from ClientProvide documentation to support transactions and valuationsCompletion for dissolution of the business at end of life of the applicable entitiesMaintain GP entity accounting books and recordsCapital transaction tracking of GP entity by member (contributions, distributions)Provide breakdown of GP contribution amongst partnersExecuted Operating and Subscription agreementAnnual cash reconciliation and valuation updates per fund statements for GP entityProvide any invoices for expenses or any accrualsAnnual invoice paymentsClient to provide invoices any other supporting documents (if applicable)Maintain annual accounting books and records for GP entity with read-only access granted to Client for review of balance sheet, income statement, and general ledgerBanking and payment of expensesSet up wires for client approval for all investments, expenses, and cash activity Lead time for wire requests is T+1*. All requests to be received after 12pm Singapore Time will be initiated the next business dayProvide read-only access to fund’s bank account with the ability to set up wires (bank must have two step-authorization capability and account must be in fund’s name)Confirm all fund expenses (including management fee calculations) are done in accordance with the operating agreementsClient to provide approval for payments and the relevant supporting documentsIFRS financial reportingExternal unaudited financial reporting package distributed quarterly to investors produced via Carta platform with format shown in Exhibit 2:Provide fund newsletter (if applicable)Balance SheetStatement of OperationsSchedule of InvestmentsStatement of ChangesPartners' Capital StatementsNet IRR, Deal Level IRR, RVPI, TVPI, and DPI are available on Carta platformClient-provided fund newsletter posted with the Carta report package (if applicable)Year-end filings, audit, and tax processCarta will manage year-end audit (if applicable) and tax timeline as agreed upon between Carta, Client, and auditor (and no fewer than 90 days after the fiscal year end):Draft and maintain timeline for all parties involvedProvide execution of the engagement letters, audit rep letter, audit confirms, and tax returnsProvide books and records to auditor and tax providerTimely completion of regulatory business filingsProvide supporting documentation to auditor and tax provider along with answering questionsCollection of financials and other valuation support for portfolio companiesManage relationships with auditor and tax providerClient is responsible for any regulatory filing requirements and such filing or reporting will not be handled by CartaCompletion of auditor-provided template for audit confirms; auditor to send and collect from various parties (portfolio companies, banks, legal counsel, etc.) Auditors appointed by the client will handle the preparation of the financial statementAll documents to auditors and tax teams will be shared through Carta platform, BoxTax and audit report distribution on Carta platformCapital callsLead time for Capital call requests is T+1*. All requests to be received after 12pm Singapore Time will be initiated the next business dayProvide percentage or dollar amount to be calledThe following are available on Carta platform:Calculation by investor, letter preparation and distributionTracking receipts of paymentsFollow-ups to investors provided with Client discretion 24 hours* post-due dateNotification of commitment or carry percentage changes by memberCash distributionsPerform waterfall calculations in accordance with the operating agreementProvide dollar amount to be distributed and provide final sign-off on calculations. 5 business day notice required for distribution requests.Work with investors to confirm wire instructionsEnsure that investors have updated their bank account details on Carta’s portalDraft and publish letters through Carta platformSet up wires in bank accountStock distributionsPerform waterfall calculations in accordance with the operating agreementProvide number of shares to be distributed and provide final sign-off on calculations.Draft and publish letters through Carta platformEngagement with third-party brokerageWork with third-party brokerage to facilitate distributionMaintain investor information on Carta platformContact preferences to be maintained on Carta platform upon request; investors can also update their own information through Carta platform Review of KYC related documents as part of the investor acceptance processProvide AML/KYC documents collected from investors.Responding to ad-hoc investor queries of a routine nature (such as queries on NAV, commitment etc)All bulk communications will be done via Carta platform and it will serve as a document repository for such communications (capital calls, distributions, quarterly/annual reports, investor update letters, tax documents, etc.)*All SLAs indicated are based on Singapore Business Hours (857 words)
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            Cap table management, equity plan admin, 409A | Carta
        
    ](/content/app/privacy-update/index.html): 
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- [State of Compensation: 2024 Outlook](/content/sg/en/events/2024-comp-outlook/index.html): Carta and industry leaders discuss the 2024 hiring and compensation outlook, drawing on Carta's H2 2023 State of Startup Compensation report., Host the world live on your website. (306 words)
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- [State of Compensation: 2024 Outlook](/content/uk/en/events/2024-comp-outlook/index.html): Carta and industry leaders discuss the 2024 hiring and compensation outlook, drawing on Carta's H2 2023 State of Startup Compensation report., Host the world live on your website. (158 words)
- [Scope of Services: Schedule of Investments (SOI) Maintenance | support.carta.com](/content/support/kb/guide/en/scope-of-services-schedule-of-investments-soi-maintenance-anj8neoozs/steps/3724928/index.html): Scope of Services: Schedule of Investments (SOI) MaintenanceServiceCarta ResponsibilitiesClient responsibilitiesMaintain investment books and recordsImplementation of historical data and latest valuations (FMV) for active and non-active investmentsProvide Carta with:Fully executed investment documentsFully executed support for realizationsExcel template with all historical investment transactions amounts, by date, separated by investing entityCertificate of Formation & EIN, or W-9 for each investing entity to be onboardedUpload new investments and realizations from time to time, as requested by ClientProvide full documentation to support new investment transactions (such as fully executed purchase agreements, sale agreements, etc.)Update valuations on Carta platform using self-service tool This service does not include:Historical valuation data inputHistorical document upload into Carta portal*Valuation updates by Carta personnel (Client must use self-service tool on Carta platform)Investor communications via Carta investor portalCapital activity (capital calls and distributions)General Ledger maintenanceExpense processingLook-through reportingBudgetingTreasury functions (wires or ACH payments)Portfolio company cap table access requests*If bundled with Portfolio Insights: For SOI Maintenance, Carta will not upload historical documents on a security-by-security level (for example, Series A Term Sheet/Stock Purchase Agreement, etc.). However, if Client is also purchasing Portfolio Insights, the Carta team can upload and store these historical documents on each portfolio company profile page for record keeping at the company level only (will not be applied to the SOI at the asset level). DISCLOSURE: This communication is being sent on behalf of Carta Investor Services, Inc. (“Carta”), an affiliate of eShares, Inc. dba Carta, Inc. Certain transactional fees may apply. 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. Carta does not assume any liability for reliance on the information provided herein. (242 words)
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- [Scope of Services: Carta Europe Cayman Fund Formation | support.carta.com](/content/support/kb/guide/en/scope-of-services-carta-europe-cayman-fund-formation-myybpcnqny/steps/3724739/index.html): Scope of Services: Carta Europe Cayman Fund FormationType of Fund Structure and RegulationCayman Private l Fund, structured as a Cayman Islands Exempted Limited Partnerships (ELP) , operating as a Registered Cayman Islands Private Fund. This product requires a Cayman based Audit Firm. You are responsible for engaging with a Cayman based Audit Firm.* Fund Sectors and StrategiesPortfolio investments made by the Fund must comply with Carta’s compliance requirements. Carta will provide support for varied fund sectors and strategies, yet limitations are:No PE-style investments, only direct investments in early-stage private companies;No Crypto-related investments; andNo private debt.For queries on specific sectors or strategies, please talk to your Carta representative. Fund Formation ServicesThe scope of service that will be provided by Carta is as follows:Entity formation of a Cayman Private l Fund, structured as a Cayman Islands Exempted Limited Partnerships (ELP), to be used as the Fund entity.Entity formation of a Cayman LLC to be used as the Fund General Partner.Provision of fund-related and fund entity-level documentation, as listed below;Incorporation FormsInitial Limited Partnership AgreementAmended and Restated Limited Partnership AgreementPrivate Placement MemorandumSubscription AgreementInvestment Management AgreementGeneral Partner Limited Liability Company Agreement and Launch ResolutionPreparation and submission of the application for registration with CIMA.These documents are made available on the Carta platform (1), along with Carta’s fund formation questionnaire which allows you to make commercial elections for the Fund that will be reflected within the documents. These elections can be changed throughout the fund formation process and will automatically update into the documents until execution. Where you want to customize any of these documents outside of the commercial elections available, you will need to seek independent legal advice.(2) Carta will ensure any custom changes you are seeking do not impact Carta’s ability to provide Fund Administration Services. Once your amendments are in final form, Carta will reflect those changes in your Fund documentation. Carta’s Fund Formation templates were created to be used by fund managers raising funds from global investors. If you are an international fund manager, you may need to consult your own legal counsel for additional compliance needs.  Carta will not provide the following types of documents: (3)Side LettersTransfer Agreements for Limited PartnersTransfer Agreements for Warehoused InvestmentsEmployment LettersIf you are unsure about any consequences related to this structure, including but not limited to using a family office-style structure, holding companies or acquisition vehicles, we strongly recommend you to consult your own region(s)-specific legal, tax, regulatory and accounting counsels and advisors to ensure product suitability.ClosingsIncluded in your Fund Formation fee, Carta will assist with the first close of your fund. This needs to be done entirely via the Carta dashboard.Bank AccountsIf you wish, we will set up your bank account, the cost of which is included in the formation fee.  To discuss any services that are outside of the scope addressed above, please talk to your Carta representative. . * You are responsible for either obtaining the relevant regulatory permissions to operate the fund, or engaging third party management services. Carta can provide introductions to such firms. * Carta can provide introductions to such firms. . (1) The Carta platform means the online dashboard(s) made available to you by us and its/their related digital applications. (2) Additional documentation or information may be required by Carta as circumstances warrant. (3) Talk to your Carta representative for legal partner referrals to help with the listed documents. . DISCLOSURE: This communication is being sent on behalf of eShares, Inc. dba Carta, Inc. (“Carta”) and its affiliates. Certain transactional fees may apply. 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. Carta does not assume any liability for reliance on the information provided herein. (651 words)
- [Scope of Services: Carta APAC FATCA and CRS Reporting | support.carta.com](/content/support/kb/guide/en/scope-of-services-carta-apac-fatca-and-crs-reporting-6eqbwqc01m/steps/3724455/index.html): Scope of Services: Carta APAC FATCA and CRS Reporting This service is only available for Carta’s fund administration customers for an additional annual fee. Fees will differ based on the jurisdiction of the fund.  Carta will only be able to service funds domiciled in:Abu DhabiAustraliaBritish Virgin IslandsCayman IslandsDubaiMalaysiaNew ZealandSingapore    If you purchase FATCA Reporting, Carta will provide the following service:Annual Filings under the Foreign Account Tax Compliance Act (“FATCA”) Carta can assist you with the following actions for the relevant fund and general partner entities:Annual filing of XML file to the relevant entity domicile tax authority for nil reporting for FATCA.Annual filing of XML file to the relevant entity domicile tax authority for US reportable accounts for FATCA.Carta will perform an annual review of changes in status of pre-existing investors’ status/documentation and obtain necessary documentation depending on the investors’ status based on the FATCA due diligence requirements to be completed by the relevant deadlines.  You are responsible for:Setting up and granting Carta access to the applicable filing portal to file on the fund’s behalfAppointing a named person as a primary contact for FATCA (if applicable)Approving the annual reports to be submitted to the relevant tax authorities on a timely basisPutting in place the Policy and Procedures Manual for your fund with respect to FATCAEnsuring the accuracy and completeness of the US Internal Revenue Service (IRS) forms (i.e. W forms)  submitted by the investorsProviding changes in status of the investors to Carta on a timely basisProviding entity and exemption classification of investors as well as custodiansLiaising with tax authorities and answering their queries  If you purchase CRS Reporting, Carta will provide the following service:Annual Filings under the Common Reporting Standard (“CRS”) Carta can assist you with the following actions for the relevant fund and general partner entities:Annual filing of XML file to the relevant entity domicile tax authority for nil reporting for CRS.Annual filing of XML file to the relevant entity domicile tax authority for non-US reportable accounts for CRS.Carta will review changes in status of pre-existing investors’ status/documentation and obtain necessary documentation depending on the investors’ status based on the CRS due diligence requirements to be completed by the relevant deadlines.  You are responsible for:Setting up and granting Carta access to the applicable filing portal to file on the fund’s behalfAppointing a named person as a primary contact for CRS (if applicable)Approving the annual reports to be submitted to the relevant tax authorities on a timely basisProviding a valid self certification form for the relevant jurisdiction that your fund is in to your investors¹Putting in place the Policy and Procedures Manual for your fund with respect to CRSEnsuring the accuracy and completeness of the self-certification forms submitted by the investorsProviding changes in status of the investors to Carta on a timely basisProviding entity and exemption classification of investors as well as custodiansLiaising with tax authorities and answering their queries Add-On ServicesAnnual Filing of Cayman CRS Compliance Form If you purchase CRS Reporting - Cayman Compliance Form, for an additional fee, Carta can assist you with the following actions for the relevant fund and general partner entities (required for Cayman fund entities):Completing and filing the CRS Compliance Form²You are responsible for:Approving the annual reports to be submitted to the relevant tax authorities on a timely basis  FATCA/CRS Registration Support (One-Time) If you purchase FATCA/CRS Registration Support, for an additional fee, Carta can assist you with the following actions for the relevant fund and general partner entities:Assist with or help address questions during the registration process  You are responsible for:Setting up/registering the fund on the FATCA/CRS portal for the jurisdiction that the fund has been domiciled  The following items are not included in Carta’s services:Review of Private Placement Memorandum (PPM) and/or Limited Partnership Agreement (LPA) from a FATCA and CRS perspectivePreparation of Form W-8 or relevant tax form for partnersPreparation of IRS Form 8938, Statement of Specified Foreign Financial Assets, or Form 8966, FATCA Report, or making any determinations regarding necessity of making any other IRS tax filingsLegal entity classification  Review of self-certifications to be issued to banks and other financial institutions (FIs)Advice as to whether any investors or shareholders are reportable under FATCA and CRSLiaison with any tax authorities or answering any queries on the fund’s behalfDisbursements or government feesAny additional fees To discuss any services that are outside the scope addressed above, please talk to your Carta representative.   Terms and ConditionsTo enable Carta to provide the services, Customer agrees: ¹Cayman Islands has published self-certification templates and those templates may be used where the fund is a Cayman fund ²Only applicable for Cayman Islands domiciled funds  to make available to Carta as and when required, all relevant information and documents as Carta determines is necessary;to provide Carta with the information in sufficient time for the services to be completed and any documents submitted to the appropriate government authorities or third parties by the applicable due date;to forward to Carta upon receipt copies of any notices, letters and other communications received from any government authorities or third parties to enable Carta to provide any applicable services within the statutory time limits; andto obtain answers to queries and additional records as required.  Customer further agrees that it will inform Carta of any and all changes relevant to Customer’s business which may impact the services provided including without limitation significant transactions or changes in circumstances. Carta shall not be responsible for identifying any such changes to Customer’s business when providing the services or any liability arising therefrom.   Customer acknowledges and agrees that Carta will, in performing the services under this Scope of Services, rely on information, documents, data, material, facts and assumptions that Customer furnishes as being true, correct and complete, and that Carta may use such information, documents, data, material, facts, assumptions and other information furnished by Customer without any independent investigation, audit or verification.    Customer is responsible for reviewing any form or electronic filing and ensuring the accuracy and completeness of all information therein, and Carta shall not be responsible for, and shall be entitled to rely upon, the accuracy and completeness of such data, material and other information. Carta shall have no liability to Customer for any consequences of any late filings and registrations (including but not limited to in relation to any penalty fees imposed) unless information, instructions, and, if applicable, any additional fees, from Customer have been received by Carta at least ten (10) business days in advance of the relevant filing and registration deadline.  Carta shall not be responsible for any failure or delay in making any filing as a result of the portal used by the relevant authority for filing being offline, unavailable, or wholly or partially disabled, impaired or severely delayed.   Carta may rely upon, and is authorized by Customer to act upon instructions given or reasonably assumed to be given by the person designated by Customer to give such instructions. Carta shall be entitled to disregard or refuse to act on any instruction which is given by a person who Carta reasonably believes is not properly authorized to give instructions.  Carta shall not at any time be obliged to do, or refrain from doing, anything, which in the sole discretion of Carta:may be contrary to the applicable law; oris not permitted under the terms of any permits, consents, licenses or applicable codes of practice issued by any competent authority.  Carta shall not be liable for any damages resulting from refusal by Carta acting in good faith to undertake or fail to undertake any action pursuant to this paragraph, but shall give Customer notice of its refusal and the reason for the same.   Carta shall not be required to take any legal action (including the institution or defense of any proceedings) on behalf of Customer.    DISCLOSURE: This communication is on behalf of eShares, Inc. dba Carta, Inc. ("Carta"). This communication is for informational purposes only, and contains general information only. Carta is not, by means of this communication, rendering accounting, business, financial, investment, legal, tax, or other professional advice or services. This publication is not a substitute for such professional advice or services nor should it be used as a basis for any decision or action that may affect your business or interests. Before making any decision or taking any action that may affect your business or interests, you should consult a qualified professional advisor. This communication is not intended as a recommendation, offer, or solicitation for the purchase or sale of any security. Carta does not assume any liability for reliance on the information provided herein.  © 2024 Carta. All rights reserved. Reproduction prohibited. (1,343 words)
- [Scope of Services: Carta Corporate Secretarial (VCC) | support.carta.com](/content/support/kb/guide/en/scope-of-services-carta-corporate-secretarial-vcc-d1v6gyiwo4/steps/3725205/index.html): Scope of Services: Carta Corporate Secretarial (VCC) Carta Corporate SecretarialFirst year fee includes both a one-time incorporation fee and the annual maintenance fee, and subsequent year fees will include the annual maintenance fee (plus any ad hoc services).  If you choose to form your own Variable Capital Company (“VCC”) but utilize Carta’s corporate secretarial service or if you are an existing customer and would like to transfer your corporate secretarial service from another service provider to Carta, the pricing will be determined based on the VCC structure and complexities.Carta will provide the relevant reporting and communications for the following services: I. Set UpINCORPORATIONCarta will provide the following services:Preparing all registration forms which includes Incorporation Questionnaire and statutory forms below:Form VCR1 Consent to Act as Fund Manager of VCC (Fund Manager must be MAS licensed)Form VCR6 Consent to Act as Director of VCCForm VCR7 Consent to Act as Secretary of VCC (signed by Carta)Share Application FormCompliance and screening of Director(s), Fund Manager and Initial Subscriber(s)Check for name availability and submit the reservation of name application with Accounting and Corporate Regulatory Authority (“ACRA”) Incorporation 1. VCCUpon completion of compliance and screening of Director(s) and Initial Subscriber(s), to submit the incorporation of VCC application with ACRAACRA will take 14-60 days from date of submission to complete incorporationShare the softcopies the ACRA business profile report, Notice of Incorporation and ConstitutionPreparation of digitalised statutory register, post-incorporation documents, share certificatesArrange the post-incorporation documents to be e-signed via DocuSign, namely:First Director(s)’ ResolutionPage 1 of the VCC’s Constitution for acknowledgementNamed Company SecretaryCreate CorpPass account and being the administrator of the accountSubmit the appointment of auditors upon the confirmation from your auditors 2. Sub-fund(s)Register the sub-fund with ACRA (if applicable) once it has been formed -Filing is required within 7 days of incorporating the sub-fundYou will provide Carta:Directors’ and Fund Managers IDs, passports and latest (within 3 months) proofs of residenceSubscribers (“Shareholders”) -(Individuals) certified true copies of IDs, passport and latest proofs of residence AND/OR(Corporates) certified true copies of Certificate of Incorporation, Latest Business Profile Report, Constitution, Certificate of Incumbency, Register of Members (further documents may be requested for to determine the the Beneficial Owners of the corporation)Completed and duly signed Client Acceptance Form and Incorporation QuestionnaireSigned post-incorporation document-First Director(s) ResolutionPage 1 of the VCC’s Constitution for acknowledgementObtain legal advice on the preparation of the VCC Constitution and share the finalised version of the Constitution to be adopted by the VCC so that Carta could upload to ACRA during incorporation applicationLiaised and select your preferred audit firm to act as auditors for your VCC In addition, you are responsible for:Determining the type of VCC you wish to incorporate ie. an Umbrella VCC or Non-Umbrella VCCSetting up bank accounts with your choice of preferred bankThe confirmation and consent to act as auditors from your appointed auditorsInforming and furnishing supporting documents at least 14 business days* in advance on any changes to the company’s or company officers’ details*** Exclude Singapore Public Holidays and following Carta Singapore’s business hours **Any late fees charged by ACRA due to the customer not providing the relevant supporting 14 business days in advance, the fees will be borne by the customer and paid upfront prior to Carta filing the lodgement (1,926 words)
- [Scope of Services: Carta UK Fund Formation | support.carta.com](/content/support/kb/guide/en/scope-of-services-carta-uk-fund-formation-25v7wwaeyd/steps/3724872/index.html): Scope of Services: Carta UK Fund FormationType of Fund Structure and RegulationUnited Kingdom Venture Capital Fund, structured as an English Private Fund Limited Partnership, operating as an unregulated Alternative Investment Fund.This product requires an FCA-registered Alternative Investment Fund Manager, or the foreign equivalent.** You are responsible for either obtaining the relevant regulatory permissions to operate the fund, or engaging third party management services. Carta can provide introductions to such firms.  Fund Sectors and Strategies Portfolio investments made by the Fund must comply with Carta’s compliance requirements. Carta will provide support for varied fund sectors and strategies, yet limitations are: No PE-style investments, only direct investments in early-stage private companies; No Crypto-related investments; andNo private debt. For queries on specific sectors or strategies, please talk to your Carta representative.  Fund Formation Services The scope of service that will be provided by Carta is as follows: Entity formation of a United Kingdom Venture Capital Fund (structured as an English Private Fund Limited Partnership), to be used as the Fund entity.  Provision of fund-related and fund entity-level documentation, as listed below;Incorporation FormsInitial Limited Partnership AgreementAmended and Restated Limited Partnership Agreement Terms SummarySubscription Agreement Investment Management Agreement These documents are made available on the Carta platform(1), along with Carta’s fund formation questionnaire which allows you to make commercial elections for the Fund that will be reflected within the documents.  These elections can be changed throughout the fund formation process and will automatically update into the documents until execution. Where you want to make amendments to any of these documents outside of the commercial elections available, you will need to seek independent legal advice(2). Carta will ensure any amendments you are seeking do not impact Carta’s ability to provide Fund Administration Services. Once your amendments are in final form, Carta will reflect those changes in your Fund documentation. Carta’s Fund Formation templates were created to be used by UK fund managers raising funds from global investors. If you are an international fund manager, you may need to consult your own legal counsel for additional compliance needs. Carta will not provide the following types of documents:(3)Side LettersTransfer Agreements for Limited Partners Transfer Agreements for Warehoused Investments Employment Letters If you are using a family office-style structure, holding companies or acquisition vehicles, you may need to consult your own region(s)-specific legal, tax, regulatory and accounting counsels and advisors to ensure product suitability.  Auxiliary Fund Formation Services Carta offers the following auxiliary services, at an additional cost to your Fund Formation fee.  General Partner Entity Entity formation of a United Kingdom Limited Liability Partnership, to be used as the General Partner entity;Provision of General Partner entity-level documentation, as listed below:Incorporation FormsLimited Liability Partnership Agreement  Carried Interest Vehicle Entity formation of a United Kingdom Limited Liability Partnership, to be used as the Carried Interest Vehicle entity;Provision of General Partner entity-level documentation, as listed below:Incorporation FormsLimited Liability Partnership Agreement  Closings Included in your Fund Formation fee, Carta will assist with the first close of your fund. This needs to be done entirely via the Carta dashboard.  Bank Accounts If you wish, we will set up your bank account, the cost of which is included in the formation fee. To discuss any services that are outside of the scope addressed above, please talk to your Carta representative. (1) The Carta platform means the online dashboard(s) made available to you by us and its/their related digital applications. (2) Additional documentation or information may be required by Carta as circumstances warrant.  (3) Talk to your Carta representative for legal partner referrals to help with the listed documents. DISCLOSURE: This communication is being sent on behalf of eShares, Inc. dba Carta, Inc. (“Carta”) and its affiliates. Certain transactional fees may apply. 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. Carta does not assume any liability for reliance on the information provided herein. (611 words)
- [ Carta Partner Programs for Law and Accounting Firms | Carta UK](/content/uk/en/partners/pid-withcompound-utm-campaign-20230501-nam-cap-bd-compound-api-pid-withcompound/index.html): Top law, accounting, & investment firms partner with Carta. Carta's partner programme makes it easy to refer private & public companies to Carta for equity management. (277 words)
- [Private Equity Firm Operations: In-House v. Outsourced](/content/events/back-office-structures/index.html): In-house and outsourced CFOs debate private equity back-office structures, covering what to keep in-house, what to outsource, and vendor diligence., Host the world live on your website. (235 words)
- [Scope of Services: Carta Asia SPVs | support.carta.com](/content/support/kb/guide/en/scope-of-services-carta-asia-spvs-exjznasz0z/steps/3725175/index.html): Scope of Services: Carta Asia SPVsOne-time incorporation and set-up fee as set forth in Order FormI. SPV FormationSPV StructureCarta will only support the following SPV structures and strategies:SPV vehicle (SG Private Limited)Incorporated in SingaporeSingle asset, limited to equity in private corporationsTo be used for transferring a group of security holders’ direct ownership in an entity incorporated as a private company in Singapore (the “Parent Entity”) to ownership in an SPV vehicle.All SPV members must be existing holders of shares or convertible instruments issued by the Parent Entity.No fee structure (management fee or carry)No other fund structures or selections are supported at this time.SPV Formation ServicesIncluded in your Carta SPV, Carta will work with you to:Obtain your UENForm your SPV in SingaporePay fees associated with one-time name lookup and entity formationPay share allocation feeProvide KYC services for your investors and director shareholdersOn the Carta platform, Carta will also:Create a Carta account for your SPVSet up and provide access to Carta’s data roomCreate templated board resolutions in Carta for your initial board consent (section 161) and your share allocationTemplate SPV Formation DocumentsCarta will provide the following SPV formation templates:ACRA Company Constitution*Subscription Agreement (either Transfer of Shares form or Termination of Convertible Security form, as applicable)Shareholder AgreementCustomer acknowledges and agrees that the use of Carta’s Template SPV Formation Documents are subject to Carta’s Legal Documents Terms of Use and Disclaimer located at https://carta.com/privacy/document-generation-terms-and-conditions/. *Carta will not provide any edits to the ACRA Company Constitution after formation and we do not advise any changes be made. Any amendments to the ACRA Company Constitution made will need to be done outside of Carta, and will risk conflicting with the Shareholder Agreement. Please seek advice from legal counsel before making any changes.II. Corporate Secretarial ServicesSee Scope of Services here: https://support.carta.com/s/article/singapore-corporate-secretarial  Please reach out to your Carta representative or your existing corporate secretary for options to manage features outside the Carta base SPV Scope of Service.Investor InformationInvestors will be responsible for updating their information on the Carta platform. On a limited basis, Carta may assist with maintaining investor contact preferences.  Most communications can and should be managed on the Carta platform. Carta can serve as the document repository for annual reports, investor update letters, investor relations, and board consents.DissolutionsYou are responsible for strike offs (dissolution) of the SPV at the end of its life. Please reach out to your Carta representative when you plan to wind down your SPV entity. To discuss any services that are outside of the scope addressed above, please talk to your Carta representative.Terms and ConditionsTo enable Carta to provide the services, Customer agrees:to make available to Carta as and when required, all relevant information and documents as Carta determines is necessary;to provide Carta with the information in sufficient time for the services to be completed and any documents submitted to the appropriate government authorities or third parties by the applicable due date;to forward to Carta upon receipt copies of any notices, letters and other communications received from any government authorities or third parties to enable Carta to provide any applicable services within the statutory time limits; andto obtain answers to queries and additional records as required.Customer further agrees that it will inform Carta of any and all changes relevant to Customer’s business which may impact the services provided including without limitation significant transactions or changes in circumstances. Carta shall not be responsible for identifying any such changes to Customer’s business when providing the services or any liability arising therefrom. Customer acknowledges and agrees that Carta will, in performing the services under this Scope of Services, rely on information, documents, data, material, facts and assumptions that Customer furnishes as being true, correct and complete, and that Carta may use such information, documents, data, material, facts, assumptions and other information furnished by Customer without any independent investigation, audit or verification. Customer is responsible for reviewing any form or electronic filing and ensuring the accuracy and completeness of all information therein, and Carta shall not be responsible for, and shall be entitled to rely upon, the accuracy and completeness of such data, material and other information. Carta shall have no liability to Customer for any consequences of any late filings and registrations (including but not limited to in relation to any penalty fees imposed) unless information, instructions, and, if applicable, any additional fees, from Customer have been received by Carta at least ten (10) business days in advance of the relevant filing and registration deadline. Carta shall not be responsible for any failure or delay in making any filing as a result of the portal used by the relevant authority for filing being offline, unavailable, or wholly or partially disabled, impaired or severely delayed. Carta may rely upon, and is authorized by Customer to act upon instructions given or reasonably assumed to be given by the person designated by Customer to give such instructions. Carta shall be entitled to disregard or refuse to act on any instruction which is given by a person who Carta reasonably believes is not properly authorized to give instructions. Carta shall not at any time be obliged to do, or refrain from doing, anything, which in the sole discretion of Carta:may be contrary to the applicable law; oris not permitted under the terms of any permits, consents, licenses or applicable codes of practice issued by any competent authority.Carta shall not be liable for any damages resulting from refusal by Carta acting in good faith to undertake or fail to undertake any action pursuant to this paragraph, but shall give Customer notice of its refusal and the reason for the same. Carta shall not be required to take any legal action (including the institution or defense of any proceedings) on behalf of Customer. . DISCLOSURE: This communication is on behalf of eShares, Inc. DBA Carta, Inc. ("Carta"). This communication is for informational purposes only, and contains general information only. Carta is not, by means of this communication, rendering accounting, business, financial, investment, legal, tax, or other professional advice or services. This publication is not a substitute for such professional advice or services nor should it be used as a basis for any decision or action that may affect your business or interests. Before making any decision or taking any action that may affect your business or interests, you should consult a qualified professional advisor. This communication is not intended as a recommendation, offer, or solicitation for the purchase or sale of any security. Carta does not assume any liability for reliance on the information provided herein. ©2024 eShares Inc., d/b/a Carta Inc. ("Carta"). All rights reserved. Reproduction prohibited. (996 words)
- [Scope of Services: Due Diligence (US Portfolio Companies) | support.carta.com](/content/support/kb/guide/en/scope-of-services-due-diligence-us-portfolio-companies-dzxrjeskg7/steps/3724682/index.html): Scope of Services: Due Diligence (US Portfolio Companies)SERVICECARTA RESPONSIBILITIESCLIENT RESPONSIBILITIESInvestment Prospect Due Diligence for Portfolio Companies (U.S. based)Provide a report of findings to Client with the following information within an estimated 3-5 business days* of Carta receiving all necessary information from Client;  Review of Portfolio Company and principals forPolitical exposure (PEP)SanctionsOther watchlistsEnforcementAdverse mediaPerform monthly screening of names for contract period.Client must first provide Carta with the following information, if available:Pitch deckFor each portfolio company (where available):Formation documentsNameAddressWebsiteGovernment-issued ID number (EIN for U.S. entities).Client to provide Carta with individual information for beneficial owners with 20% or more ownership and one (1) control person for the entity (where available):NameTitleAddress (country)Email *All Carta SLAs exclude public holidays and office closures. Expedited service may be provided for an additional fee.   Please note: If the expedite service is added, the delivery time will be an estimated  2-3 business days from when documentation is provided to Carta  This scope  is designed for funds domiciled in the US and  meets the  U.S. standards for Anti-Money Laundering (AML) and Know Your Customer (KYC) identity verification. It may not be suitable for funds domiciled in other jurisdictions.  This scope of service is a supplemental service to support a BSA/AML program that is owned by the Client.  If contracted for KYC as a service, please note that Carta does not act as the Client’s BSA/AML Officer; supplemental Compliance Officer, and/or General Counsel. The contracted service does not replace the need for an independent BSA/AML program owned by the Client.  This scope of service does not include nor does Carta provide guidance to the Client in regards to customer/investor risk, customer compliance, geographic risk, or compliance/legal ramifications of non-compliance to BSA or other applicable regulations.  The Client owns the compliance risk and ultimately responsibility for their own BSA/AML program.  DISCLOSURE: This communication is on behalf of Carta Investor Services, Inc. ("Carta"), an affiliate of eShares Inc., d/b/a Carta, Inc. ("Carta, Inc."), and is not to be construed as legal, financial, accounting or tax advice; it is for informational purposes only. This communication is not intended as a recommendation, offer or solicitation for the purchase or sale of any security. Neither Carta nor Carta, Inc. assumes any liability for reliance on the information provided herein. (411 words)
- [Hosted Fund SPV Disclosure | Legal Hub](/content/uk/en/legal/terms-agreements/hosted-fund-spv-disclosure/index.html): It is important that each investor who is a U.S. person (“Investor” or “you”) reads and fully understands the relevant risks related to the investments or transactions in the Carta hosted Fund and SPV products you may effect via the platform provided by Carta or its affiliates (the “Platform”). (1,306 words)
- [Scope of Services: Carta Fund Formation | support.carta.com](/content/support/kb/guide/en/scope-of-services-carta-fund-formation-kdbdiosqrg/steps/3724897/index.html): Scope of Services: Carta Fund FormationCarta Fund Formation & Pre-Close Services Types of Funds Supported3(c)(1) exempt funds3(c)(7) exempt funds Types of Offerings Supported506(b) offerings506(c) offerings 506(c) offerings require additional accreditation checks for your Limited Partners (LPs), the service and associated costs of which are not included in the Fund Formation fee. Client is responsible for remaining in compliance with  all applicable laws, rules, and regulations.We strongly recommend working with your own legal counsel to determine and maintain your ongoing legal and regulatory compliance obligations. Fund Structures Carta will only support the following fund structures and selections:WaterfallsStandard European (80/20)(1)Performance MilestonesCashless CapitalManagement FeesStandard Management Fees during the investment periodFrontloaded Management Fees (optional)  Fund Sectors and Strategies Carta will provide support for varied fund sectors and strategies, such as:Direct investments in private companiesIndirect investments in other partnerships or SPVs (Fund of Fund)For support of additional sectors and strategies, please talk to your Carta representative.  Fund Formation ServicesCarta Fund Formation requires utilization of the three following entities, the formation costs of which are included in your Fund Formation fee. Carta will work with you and a third party to form the following entities in the state of Delaware (DE):Venture Fund, formed as a limited partnership (LP)Management Company, formed as a limited liability company (LLC)General Partner Entity, formed as a limited liability company (LLC)  Included for each entity are EINs and the first year's Registered Agent fees. If you continue with Carta for fund administration services, subsequent year Registered Agent fees will be included in your annual fund administration fee.If you have already formed a General Partner (GP) Entity or Management Company, they must be formed in the state of DE. Carta requires a separate GP Entity and Management Company. (1,077 words)
- [Scope of Services: Portfolio Valuations - Software | support.carta.com](/content/support/kb/guide/en/scope-of-services-portfolio-valuations-software-v1hyt64air/steps/3725127/index.html): Scope of Services: Portfolio Valuations - SoftwareSERVICECARTA RESPONSIBILITIESCLIENT RESPONSIBILITIESAccount setup and maintenanceAt Client’s discretion, advise Client on any questions related to developing or refining a valuation policy. Provide the Carta Implementations Manager with a list of all funds to be created or merged under the principal fund account.Initial account onboarding including:Merging all existing fund accounts under the principal account;Creating new fund accounts not already existing on the platform;Request capitalization table access from any portfolio At Client’s discretion, advise Client on any questions related to developing or refining a valuation policy. For non-fund administration clients, provide the Carta Implementations Manager with a list of all funds to be created or merged under the primary fund account. Initial account onboarding including: Merging all existing fund accounts under the principal account; Creating new fund accounts not already existing on the platform; Request capitalization table access from any portfolio companies that use Carta for capitalization table management; and Add initial users to the Client’s account and determine which users should have Administrative access (the ability to provision access). Provide the Carta Implementations Manager with a list of users to add to the account as well as which funds those users should have access to. Create capitalization tables for any companies that do not use Carta for capitalization table management. that use Carta for capitalization table management; andAdd initial users to the Client’s account and determine which users should have Administrative access (the ability to provision access).Provide the Carta Implementations Manager with a list of users to add to the account as well as which funds those users should have access to.Create capitalization tables for any companies that do not use Carta for capitalization table management.Waterfall Construction and ImplementationConstruct the breakpoints and waterfall for each company and upload them to the valuation model. Provide the Carta implementation manager all articles of organization and ownership data necessary to complete waterfall.Valuation platform trainingProvide an initial valuation software training, including a training of the capitalization table builder so the fund is able to onboard and maintain capitalization structures for companies that do not use Carta for capitalization table management.Invite any internal users that would like to participate in the initial valuation software training.Provide notifications of any new feature released and offer demos of these features.Request training updates of any new features, if desired.Annual check-in with a Valuation Manager to discuss any trends we have seen in the regulatory valuation market, provide a software re-training if necessary, and get feedback on their experience with the valuation platform in the prior year.Invite any internal users that would like to participate in the valuation industry update, re-training on the platform, or provide feedback.Valuation audit supportProvide auditors with the background calculations related to market data sourced from third party providers. Defend any methodological assumptions or selections used in the valuation. This includes any selected valuation methodologies, and allocation methods as well as selected market inputs (comparable public companies and guideline transactions, revenue and EBITDA multiples, volatility, time to exit, etc.).Respond to audit questions related to the software’s core calculations.Defend any Subject Company data incorporated in the valuation analysis.“Portfolio Valuations - Software” includes Carta’s Portfolio Insights (Self-Service) product, as described here. (413 words)
- [Scope of Services: Due Diligence (BVI Funds) | support.carta.com](/content/support/kb/guide/en/scope-of-services-due-diligence-bvi-funds-ih6vl3sqtu/steps/3724939/index.html): Scope of Services: Due Diligence (BVI Funds)Click below the table to download a PDF copy of the Due Diligence Screening and ID Verification Checklist for BVI Funds.SERVICECARTA RESPONSIBILITIESCLIENT RESPONSIBILITIESDue Diligence Screening and ID Verification (BVI Funds)Provide a Due Diligence report of findings to the Client with the following information within an estimated 3-5 business days of Carta receiving all necessary information from the Client:  Identification verification of individualsU.S. ID verification against IRS TIN and third-party databases as well as documents provided by Client orNon-U.S. ID verification against documents provided by ClientInitial sanction and watch list screeningsPolitically Exposed Person (PEP) listSanctions listWatch listEnforcement list Adverse mediaReview of entitiesEntity informationControl person of entityIndividual beneficial owners with 10% or more ownership, as applicableVerification of ID as described abovePerform Risk Rating Assessment on the investor. Periodic MonitoringObtain and review updated CDD informationRe-perform risk rating assessmentProvide an update to the Client on any change in the screening and risk rating assessment.Perform monthly screening of names for contract period.Client (either through Client’s GP or Client’s legal counsel) must first provide Carta with all necessary information, as follows:  All documents provided should be certified as a true copy by an acceptable person and in the certification wording in accordance with the certification guidelines as described in the checklist*  For individuals:Current passport or other valid government-issued photographic identification which includes the individual name, document identification number, expiry date, nationality, date and place of birth and the signature page (minimum 6 months validity)Bank/credit card statement or utility bill dated within the past three months bearing residential address (not a mobile phone bill)Current occupation and the industry the investor is dealing inInformation as to the Source of Funds for the commitment and Source of Wealth, to be completed by the investor*The appropriate U.S. Internal Revenue Service (“IRS”) W-8 (non-US person) or W-9 (US person) tax withholding form. The most current versions of such forms may be downloaded at the following website: https://www.irs.gov/forms-pubs/about-form-w-8-ben https://www.irs.gov/forms-pubs/about-form-w-9The CRS individual self-certification form*For entities:Certified copy of formation documentName of the entityAddressConfirmation regarding the origin of wealth, i.e. evidence of how the funds for the investment were accumulatedThe appropriate U.S. Internal Revenue Service (“IRS”) W-8 (non-US person) or W-9 (US person) tax withholding form. The most current versions of such forms may be downloaded at the following website: https://www.irs.gov/forms-pubs/about-form-w-8-ben https://www.irs.gov/forms-pubs/about-form-w-9The CRS Self-Certification form*Client to provide Carta with individual information for beneficial owners with 10% or more ownership and one (1) control person for each entity LP:Current passport or other valid government-issued photographic identification which includes the individual name, document identification number, expiry date, nationality, date and place of birth and the signature page (minimum 6 months validity)Bank/credit card statement or utility bill dated within the past three months bearing residential address (not a mobile phone bill)Current occupation and the industry the investor is dealing inInformation as to the Source of Funds for the commitment and Source of Wealth, to be completed by the investor*The appropriate U.S. Internal Revenue Service (“IRS”) W-8 (non-US person) or W-9 (US person) tax withholding form. The most current versions of such forms may be downloaded at the following website: https://www.irs.gov/forms-pubs/about-form-w-8-ben https://www.irs.gov/forms-pubs/about-form-w-9The CRS individual self-certification form**List of documentation required is subject to entity type. Please refer to the checklist linked below for details.**All Carta SLAs exclude public holidays and office closures. Expedited service may be provided for an additional fee.   Please note: If the expedite service is added, the delivery time will be an estimated  2-3 business days from when documentation is provided to Carta  This scope  is designed for funds domiciled in the US and  meets the  U.S. standards for Anti-Money Laundering (AML) and Know Your Customer (KYC) identity verification. It may not be suitable for funds domiciled in other jurisdictions.  This scope of service is a supplemental service to support a BSA/AML program that is owned by the Client.  If contracted for KYC as a service, please note that Carta does not act as the Client’s BSA/AML Officer; supplemental Compliance Officer, and/or General Counsel. The contracted service does not replace the need for an independent BSA/AML program owned by the Client.  This scope of service does not include nor does Carta provide guidance to the Client in regards to customer/investor risk, customer compliance, geographic risk, or compliance/legal ramifications of non-compliance to BSA or other applicable regulations.  The Client owns the compliance risk and ultimately responsibility for their own BSA/AML program.  DISCLOSURE: This communication is on behalf of Carta Investor Services, Inc. ("Carta"), an affiliate of eShares Inc., d/b/a Carta, Inc. ("Carta, Inc."), and is not to be construed as legal, financial, accounting or tax advice; it is for informational purposes only. This communication is not intended as a recommendation, offer or solicitation for the purchase or sale of any security. Neither Carta nor Carta, Inc. assumes any liability for reliance on the information provided herein. (711 words)
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- [Scope of Services: Fund Forecasting - Portfolio Company Data Collection | support.carta.com](/content/support/kb/guide/en/scope-of-services-fund-forecasting-portfolio-company-data-collection-6llmwgrplv/steps/4122925/index.html): Scope of Services: Fund Forecasting - Portfolio Company Data CollectionOutline of responsibilities:ServiceClient ResponsibilitiesCarta ResponsibilitiesAccount setup & OnboardingComplete onboarding template & Schedule of Investments upload form.Confirm all investments are populated into Carta and perform cleanup as needed.Notify portfolio companies of Client’s relationship with Carta to facilitate data collection.* *Carta can provide recommended email templates at Client’s request.Provide best practice guidance and support articles as needed.Add portfolio company points of contact on Carta & select intended portfolio companies for Carta data collection.Configure Requests for Information settings and email wording.Portfolio company requests for information (RFIs)Add new investments via the provided Carta template.Upload new investments on a quarterly basis.Remove investments as needed.Provide best practice guidance and support articles as needed.Maintain the Request For Information ("RFI") Configuration page, indicating:which companies to reach out to,points of contacts at portfolio companieswhat information to collect, andif automatic follow-ups should be sentConfirm with Client:RFI timeline,RFI wording, andThat the RFI configuration page is up to dateProvide Carta with information on RFI timeline:The date RFI should be sent to portfolio companies;The date company data is due; andThe expected close date of the RFI process.Approve the language to be included in the RFI templated email.Notify new portfolio companies of Client’s relationship with Carta to facilitate data collection.* *Carta can provide recommended email templates at Client’s request.Send information requests and follow ups to portfolio companies.Email communication with Client’s portfolio companies for collection of source documents.Data collection and processingProvide Carta with the relevant source documents/data for any portfolio companies it has directed Carta not to contact.Collection and processing of portfolio company data on a quarterly cadence. Data can include:Summary capitalization table,Rights and preferences of preferred shares/units,Standardized latest quarter and forecasted financial statements including:Income Statements,Balance Sheets,Cash Flow Statements, andStandardized KPIsAny data for a particular portfolio company will be made available to the Client by Carta by the earlier of:Ten (10) business days of receipt of all requested information, orTen (10) business days from the end of the collection period (typically two weeks after the RFI deadline).Upon closing an active RFI, the Carta team will not process additional information until the following quarterly RFI period. Client acknowledges that:Carta will rely on the completeness and accuracy of the materials and information provided by Client's portfolio companies;Client is solely responsible for the accuracy of the information provided by Client or Client’s portfolio companies to Carta; andCarta will not independently verify any information provided. (459 words)
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- [Scope of Services: Carta Management Company Administration (Europe) | support.carta.com](/content/support/kb/guide/en/scope-of-services-carta-management-company-administration-europe-wq2lakddko/steps/4434707/index.html): Scope of Services: Carta Management Company Administration (Europe)Per annum pricing will be determined based on your individual management company entity structure, needs, and complexities.Standard / ComplexI. Accounting ServicesFinancial ReportingThe following Carta system-generated year-end reports will be made available annually for the management company in the Carta platform:Balance SheetStatement of Operations Carta system-generated financial reports will be made available in the Carta platform.Books and Records Carta will update and maintain the accounting books and records for the management company. You will have easy, read-only access to review the books and records. For the Management Company, Carta will:Maintain annual accounting books and records (dependent on completion of fund’s books and records)Grant read-only access on the Carta platform for review of books and records, including the balance sheet, income statement, and general ledger to individuals specified by youConduct capital transaction tracking by member (contributions and distributions)Provide monthly open items listProvide monthly cash reconciliation up to an average of:Standard: 40 transactions per monthComplex: 80 transactions per monthRecord and track intercompany payable and receivable balances between the management company and affiliated entities administered by CartaStandard: Up to 3 affiliated entitiesComplex: 4 or more affiliated entitiesRecord credit card and expense reimbursements on an aggregated basis by expense type and entity category as provided by Client on Carta-provided templateRecord payroll within the Management Company's books and recordsNon-cash accruals:Standard: N/A - Carta will not process non-cash journalsComplex: Carta will process non-cash journals such as expense accruals, amortisations, etc. on an annual or quarterly basisYou will¹ :Provide executed copies of the Management Company’s Legal Operating AgreementsProvide updated Management Company ownership schedulesProvide updated Management Company tax information via W8, W9, or equivalentProvide additional verification of balance sheet items (as needed)Provide responses to monthly open items list within 15 business days after receipt from Carta and within 5 business days for year end purposesProvide clear and timely written instruction on any expenses paid by the management company on behalf of any other entities, whether administered by Carta or not, and create invoices that are sent to portfolio companies or other parties for services rendered, board feed, and/or any other monies dueProvide detailed breakout of credit card statements including expense and entity categorisation on a monthly basis in tabular format (MS Excel or Google Sheets) on Carta-provided templateMaintain any support necessary for any governmental or private auditEngage with third-party payroll provider and maintain responsibility for full setup of payroll provider (including all employee changes) and provide Carta with read-only access to payroll platformNon-cash accruals:Standard: N/A - No non-cash supportComplex: Provide amounts and details such as vendors and dates related to non-cash accrualsUpdate expected budget values within the Carta General Ledger (GL) on an ongoing basisAccess the Carta platform for self-serve monthly budget vs. actual reports available within the Carta GLBanking and PaymentsCarta will:Set up electronic payments for all cash activity as requestedCarta will not process payments on third party platforms other than the approved client bank or approved expense management platformYou will provide Carta¹:Access to the management company’s bank account with your chosen banking partner as approved by Carta*, with the ability to set up payments (bank must have two step-authorisation capability and account must be in the management company’s name)Read-only access to bank account with the ability to set up wiresVendor tax information, VAT registration number, GST registration number, W8s, or W9s and email contact prior to initial paymentWire or other payment instructions and invoices for expensesWire instructions, invoices, vendor email and VAT registration number, GST registration number, W8s, or W9s for expenses and investments, create invoices that are sent to portfolio companiesYou are responsible for:Setting up bank accounts, one for each Carta administered entity, with your chosen banking partner as approved by Carta*Final review and releasing of payments after you receive confirmation from CartaPerforming any call backs to your vendorDepositing checksEnsuring accurate user profile setup within the Carta platformEstablishing authorised access to your bank accountResolving any failed, rejected, returned, or on hold payments due to additional information or documentation needed by your banking partner* Change in banking partner may result in a fee adjustment. These services are subject to the Venture Capital Payment Terms and Conditions. Year-end Filings, Tax and Regulatory ReportingCarta will:Provide books and records, along with supporting documentation, to tax provider specified by you through Box or Carta platformDistribute relevant tax documents or K-1s (If US entity or US members) to partners or members via the Carta platformProcess member draws:Standard: Up to an average of once per quarter over the coverage periodComplex: Up to an average of once per month over the coverage periodProcess payments, as requested by client, related to regulatory reporting and feesIf VAT, GST, or 1099 reporting is purchased, Carta will, prepare the VAT, GST, and 1099 form**You will:Calculate and instruct member drawsCalculate any necessary owner allocationsComplete dissolution of the business at end of its lifeProvide executed tax engagement letters and tax returnsCoordinate with your selected tax provider to file for an extension, as necessaryComplete any jurisdictional reporting or regulatory filings. Such filings or reporting will not be completed by CartaEnsure timely completion of regulatory business filings such as, but not limited to, Form ADV-1Review and approve year end form filings * Change in banking partner may result in a fee adjustment. ** VAT, GST, and 1099 services must be discussed and purchased. ¹Additional documentation or information may be required by Carta as circumstances warrant. –––––––––––– DISCLOSURE: Carta provides formation, administration and related services in the UK to entities regulated by the UK Financial Conduct Authority (FCA), including Alternative Investment Fund Managers (AIFMs), investment firms, and other FCA authorised entities, as well as their appointed representatives acting as agents for FCA-authorised firms or, if permitted, foreign regulated firms with appropriate regulatory oversight. Carta may engage with such potential clients as such entities are in the process of obtaining required regulatory approvals. However, certain services may be restricted or unavailable until appropriate authorisation is granted. Clients falling into this category will be referred to a law firm or other fiduciaries for certain services, including formation services. Our services are not available to unregulated entities or individuals. Nothing on this website constitutes an offer, solicitation, or advice to unregulated parties. This communication is on behalf of Vauban Technologies Limited ("Carta"). This communication is for informational purposes only, and contains general information only. Carta is not, by means of this communication, rendering accounting, business, financial, investment, legal, tax, or other professional advice or services. This publication is not a substitute for such professional advice or services nor should it be used as a basis for any decision or action that may affect your business or interests. Before making any decision or taking any action that may affect your business or interests, you should consult a qualified professional advisor. This communication is not intended as a recommendation, offer, or solicitation for the purchase or sale of any security. Carta does not assume any liability for reliance on the information provided herein. © 2024 eShares, Inc. dba Carta, Inc. All rights reserved. Reproduction prohibited. (964 words)
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- [Scope of Services: Carta Fund Administration (UAE*) | support.carta.com](/content/support/kb/guide/en/scope-of-services-carta-fund-administration-uae-12dsh3xdek/steps/4377935/index.html): Scope of Services: Carta Fund Administration (UAE*)SERVICECARTA RESPONSIBILITIESCLIENT RESPONSIBILITIESMaintain accounting books and recordsMaintain and update schedule of investments on Carta platform, including total capital called and distributionsProvide Carta with:Fully executed operating agreements with list of commitments and carry percentage by memberSubscription packetsSide letters (if applicable)Investor W-8s/W-9s(FATCA forms), CRS self-cert forms and up-to-date contact informationValuations updated at quarter-endProvide Carta with:Accrual adjustments:45 Day Reporting: Provided within 10 business days after quarter end.60 Day Reporting: Provided within 15 business days after quarter end.Prices per share and/or ending valuation of ownership for updated valuation:45 Day Reporting: Provided within 10 business days after quarter end.60 Day Reporting: Provided within 15 business days after quarter end.Valuations loaded 48 hours* after receipt from ClientProvide documentation to support transactions and valuationsCompletion for dissolution of the business at end of life of the applicable entitiesMaintain GP entity accounting books and recordsCapital transaction tracking of GP entity by member (contributions, distributions)Provide breakdown of GP contribution amongst partnersExecuted Operating and Subscription agreementAnnual cash reconciliation and valuation updates per fund statements for GP entityProvide any invoices for expenses or any accrualsAnnual invoice paymentsClient to provide invoices any other supporting documents (if applicable)Maintain annual accounting books and records for GP entity with read-only access granted to Client for review of balance sheet, income statement, and general ledgerBanking and payment of expensesSet up wires for client approval for all investments, expenses, and cash activity Lead time for wire requests is T+1*. All requests to be received after 12pm Singapore Time will be initiated the next business dayProvide read-only access to fund’s bank account with the ability to set up wires (bank must have two step-authorization capability and account must be in fund’s name)Confirm all fund expenses (including management fee calculations) are done in accordance with the operating agreementsClient to provide approval for payments and the relevant supporting documentsIFRS financial reportingExternal unaudited financial reporting package distributed quarterly to investors produced via Carta platform with format shown in Exhibit 2:Provide fund newsletter (if applicable)Balance SheetStatement of OperationsSchedule of InvestmentsStatement of ChangesPartners' Capital StatementsNet IRR, Deal Level IRR, RVPI, TVPI, and DPI are available on Carta platformClient-provided fund newsletter posted with the Carta report package (if applicable)Year-end filings, audit, and tax processCarta will manage year-end audit (if applicable) and tax timeline as agreed upon between Carta, Client, and auditor (and no fewer than 90 days after the fiscal year end):Draft and maintain timeline for all parties involvedProvide execution of the engagement letters, audit rep letter, audit confirms, and tax returnsProvide books and records to auditor and tax providerTimely completion of regulatory business filingsProvide supporting documentation to auditor and tax provider along with answering questionsCollection of financials and other valuation support for portfolio companiesManage relationships with auditor and tax providerClient is responsible for any regulatory filing requirements and such filing or reporting will not be handled by CartaCompletion of auditor-provided template for audit confirms; auditor to send and collect from various parties (portfolio companies, banks, legal counsel, etc.) Auditors appointed by the client will handle the preparation of the financial statementAll documents to auditors and tax teams will be shared through Carta platform, BoxTax and audit report distribution on Carta platformCapital callsLead time for Capital call requests is T+1*. All requests to be received after 12pm Singapore Time will be initiated the next business dayProvide percentage or dollar amount to be calledThe following are available on Carta platform:Calculation by investor, letter preparation and distributionTracking receipts of paymentsFollow-ups to investors provided with Client discretion 24 hours* post-due dateNotification of commitment or carry percentage changes by memberCash distributionsPerform waterfall calculations in accordance with the operating agreementProvide dollar amount to be distributed and provide final sign-off on calculations. 5 business day notice required for distribution requests.Work with investors to confirm wire instructionsEnsure that investors have updated their bank account details on Carta’s portalDraft and publish letters through Carta platformSet up wires in bank accountStock distributionsPerform waterfall calculations in accordance with the operating agreementProvide number of shares to be distributed and provide final sign-off on calculations.Draft and publish letters through Carta platformEngagement with third-party brokerageWork with third-party brokerage to facilitate distributionMaintain investor information on Carta platformContact preferences to be maintained on Carta platform upon request; investors can also update their own information through Carta platform Review of KYC related documents as part of the investor acceptance processProvide AML/KYC documents collected from investors.Responding to ad-hoc investor queries of a routine nature (such as queries on NAV, commitment etc)All bulk communications will be done via Carta platform and it will serve as a document repository for such communications (capital calls, distributions, quarterly/annual reports, investor update letters, tax documents, etc.)*All SLAs indicated are based on Singapore Business Hours DISCLOSURE: This communication is being sent on behalf of Carta Investor Services, Inc. (“Carta”), an affiliate of eShares, Inc. dba Carta, Inc. Certain transactional fees may apply. 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. Carta does not assume any liability for reliance on the information provided herein. *Regulated by the Financial Services Regulatory Authority in the ADGM (954 words)
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- [Scope of Services:  FATCA and CRS Reporting (UAE*) | support.carta.com](/content/support/kb/guide/en/scope-of-services-fatca-and-crs-reporting-uae-kuzvpisuoe/steps/4377932/index.html): Scope of Services:  FATCA and CRS Reporting (UAE*)This service is only available for Carta’s fund administration customers for an additional annual fee. Fees will differ based on the jurisdiction of the fund.  Carta will only be able to service funds domiciled in:Abu DhabiAustraliaBritish Virgin IslandsCayman IslandsDubaiMalaysiaNew ZealandSingapore    If you purchase FATCA Reporting, Carta will provide the following service:Annual Filings under the Foreign Account Tax Compliance Act (“FATCA”) Carta can assist you with the following actions for the relevant fund and general partner entities:Annual filing of XML file to the relevant entity domicile tax authority for nil reporting for FATCA.Annual filing of XML file to the relevant entity domicile tax authority for US reportable accounts for FATCA.Carta will perform an annual review of changes in status of pre-existing investors’ status/documentation and obtain necessary documentation depending on the investors’ status based on the FATCA due diligence requirements to be completed by the relevant deadlines.  You are responsible for:Setting up and granting Carta access to the applicable filing portal to file on the fund’s behalfAppointing a named person as a primary contact for FATCA (if applicable)Approving the annual reports to be submitted to the relevant tax authorities on a timely basisPutting in place the Policy and Procedures Manual for your fund with respect to FATCAEnsuring the accuracy and completeness of the US Internal Revenue Service (IRS) forms (i.e. W forms)  submitted by the investorsProviding changes in status of the investors to Carta on a timely basisProviding entity and exemption classification of investors as well as custodiansLiaising with tax authorities and answering their queries  If you purchase CRS Reporting, Carta will provide the following service:Annual Filings under the Common Reporting Standard (“CRS”) Carta can assist you with the following actions for the relevant fund and general partner entities:Annual filing of XML file to the relevant entity domicile tax authority for nil reporting for CRS.Annual filing of XML file to the relevant entity domicile tax authority for non-US reportable accounts for CRS.Carta will review changes in status of pre-existing investors’ status/documentation and obtain necessary documentation depending on the investors’ status based on the CRS due diligence requirements to be completed by the relevant deadlines.  You are responsible for:Setting up and granting Carta access to the applicable filing portal to file on the fund’s behalfAppointing a named person as a primary contact for CRS (if applicable)Approving the annual reports to be submitted to the relevant tax authorities on a timely basisProviding a valid self certification form for the relevant jurisdiction that your fund is in to your investors¹Putting in place the Policy and Procedures Manual for your fund with respect to CRSEnsuring the accuracy and completeness of the self-certification forms submitted by the investorsProviding changes in status of the investors to Carta on a timely basisProviding entity and exemption classification of investors as well as custodiansLiaising with tax authorities and answering their queries Add-On ServicesAnnual Filing of Cayman CRS Compliance Form If you purchase CRS Reporting - Cayman Compliance Form, for an additional fee, Carta can assist you with the following actions for the relevant fund and general partner entities (required for Cayman fund entities):Completing and filing the CRS Compliance Form²You are responsible for:Approving the annual reports to be submitted to the relevant tax authorities on a timely basis  FATCA/CRS Registration Support (One-Time) If you purchase FATCA/CRS Registration Support, for an additional fee, Carta can assist you with the following actions for the relevant fund and general partner entities:Assist with or help address questions during the registration process  You are responsible for:Setting up/registering the fund on the FATCA/CRS portal for the jurisdiction that the fund has been domiciled  The following items are not included in Carta’s services:Review of Private Placement Memorandum (PPM) and/or Limited Partnership Agreement (LPA) from a FATCA and CRS perspectivePreparation of Form W-8 or relevant tax form for partnersPreparation of IRS Form 8938, Statement of Specified Foreign Financial Assets, or Form 8966, FATCA Report, or making any determinations regarding necessity of making any other IRS tax filingsLegal entity classification  Review of self-certifications to be issued to banks and other financial institutions (FIs)Advice as to whether any investors or shareholders are reportable under FATCA and CRSLiaison with any tax authorities or answering any queries on the fund’s behalfDisbursements or government feesAny additional fees To discuss any services that are outside the scope addressed above, please talk to your Carta representative.   Terms and ConditionsTo enable Carta to provide the services, Customer agrees: ¹Cayman Islands has published self-certification templates and those templates may be used where the fund is a Cayman fund ²Only applicable for Cayman Islands domiciled funds  to make available to Carta as and when required, all relevant information and documents as Carta determines is necessary;to provide Carta with the information in sufficient time for the services to be completed and any documents submitted to the appropriate government authorities or third parties by the applicable due date;to forward to Carta upon receipt copies of any notices, letters and other communications received from any government authorities or third parties to enable Carta to provide any applicable services within the statutory time limits; andto obtain answers to queries and additional records as required.  Customer further agrees that it will inform Carta of any and all changes relevant to Customer’s business which may impact the services provided including without limitation significant transactions or changes in circumstances. Carta shall not be responsible for identifying any such changes to Customer’s business when providing the services or any liability arising therefrom.   Customer acknowledges and agrees that Carta will, in performing the services under this Scope of Services, rely on information, documents, data, material, facts and assumptions that Customer furnishes as being true, correct and complete, and that Carta may use such information, documents, data, material, facts, assumptions and other information furnished by Customer without any independent investigation, audit or verification.    Customer is responsible for reviewing any form or electronic filing and ensuring the accuracy and completeness of all information therein, and Carta shall not be responsible for, and shall be entitled to rely upon, the accuracy and completeness of such data, material and other information. Carta shall have no liability to Customer for any consequences of any late filings and registrations (including but not limited to in relation to any penalty fees imposed) unless information, instructions, and, if applicable, any additional fees, from Customer have been received by Carta at least ten (10) business days in advance of the relevant filing and registration deadline.  Carta shall not be responsible for any failure or delay in making any filing as a result of the portal used by the relevant authority for filing being offline, unavailable, or wholly or partially disabled, impaired or severely delayed.   Carta may rely upon, and is authorized by Customer to act upon instructions given or reasonably assumed to be given by the person designated by Customer to give such instructions. Carta shall be entitled to disregard or refuse to act on any instruction which is given by a person who Carta reasonably believes is not properly authorized to give instructions.  Carta shall not at any time be obliged to do, or refrain from doing, anything, which in the sole discretion of Carta:may be contrary to the applicable law; oris not permitted under the terms of any permits, consents, licenses or applicable codes of practice issued by any competent authority.  Carta shall not be liable for any damages resulting from refusal by Carta acting in good faith to undertake or fail to undertake any action pursuant to this paragraph, but shall give Customer notice of its refusal and the reason for the same.   Carta shall not be required to take any legal action (including the institution or defense of any proceedings) on behalf of Customer. DISCLOSURE: This communication is being sent on behalf of Carta Investor Services, Inc. (“Carta”), an affiliate of eShares, Inc. dba Carta, Inc. Certain transactional fees may apply. 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. Carta does not assume any liability for reliance on the information provided herein. *Regulated by the Financial Services Regulatory Authority in the ADGM© 2024 Carta. All rights reserved. Reproduction prohibited. (1,342 words)
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- [Energy sector funding fell sharply in 2022 | Carta](/content/uk/en/data/energy-vc-2022/index.html): Renewable energy companies on Carta raised just $226 million across 16 investments during Q4. Here's how that looks in context. (892 words)
- [Scope of Services: Implementation for Fund and SPV Administration (Raising) | support.carta.com](/content/support/kb/guide/en/scope-of-services-implementation-for-fund-and-spv-administration-raising-udtjafdtet/steps/3724930/index.html): Scope of Services: Implementation for Fund and SPV Administration (Raising)Documents should be provided within 2 weeks of signing the Engagement Letter to ensure a timely implementation period.  Click the link at the bottom of this Scope of Services for a comprehensive list of applicable closings or non-closings required documents.1. Account setupCarta will:Set up a Carta account for all entities under contractAdd the firm's logo to the Carta accountConnect the bank accounts of all entities under contract to Carta to facilitate future reconciliations and treasury services. When the connection is not possible due to the bank’s online portal limitations, Carta will only add the bank account details and manually import transactions through the last financial statement provided.Provide a shared Box.com folder for Client to upload legacy documents(1)(1) Clients can provide direct access to their document repository and accounting systems, enabling Carta to retrieve all necessary files. Alternatively, documents may also be uploaded directly to the dedicated Box folder provided by Carta. Necessary documents or information you will provide to Carta:(2)The investment firm logoFull bank account access to a single profile for all fund-related entities. If the account requires a physical token, soft token or contains PII (Personally Identifiable Information), Carta will require a minimum of 3 logins, scaling up to 8 logins depending on account specifics and bank requirements.Fund formation documents including the filed Certificate of Formation and EIN filing or entity W-9Governing legal documents for all entities, such as LPAs, PPMs, LLCAs, and Operating Agreements2. Upload of investor informationCarta will:Upload the following investor information into the Carta platform for all funds:(3)NameCommitment amountTax IDFull addressEmail addresses for primary and secondary contacts with respective document permissionsFor a raising fund, cash reconciliation is not included during implementation. The Fund Administration team will reconcile any recent transactions that may have occurred outside the Carta platform. Note: Investors will be prompted by the Carta platform to enter their own wire instructions upon login. Due to the sensitivity of the data, we highly encourage requiring your investors to update their Carta account with their most up-to-date wire instructions instead of relying on any legacy data. Necessary documents or information you will provide Carta:(2)Fully executed subscription documents, W-9s, and side letters for all LPs(3)Excel document contact list including all investors’ legal names, tax IDs, commitment amounts, and email addresses for primary and secondary contacts with respective permissions, if available(3)(2) Additional documentation or information may be required as circumstances warrant.(3) If Client is using Carta’s Closings tool to invite investors, then Carta will enable the Closings tool for Client to invite investors to enter this information directly into Carta. (459 words)
- [Scope of Services: SPV Distributions  | support.carta.com](/content/support/kb/guide/en/scope-of-services-spv-distributions-qo6rn0bvqt/steps/4436304/index.html): Scope of Services: SPV Distributions  Carta can assist with the following additional Administration Services, subject to additional fees: Cash distributionStock distribution Please take note of the client deliverables and related timelines outlined below, as they will impact service and turnaround by the Carta team. We look forward to your continued partnership. 1. Cash DistributionsCarta will:Perform waterfall calculations in accordance with the SPV’s operating agreementsSend notifications to investors to update their wire instructions on the Carta platform¹Complete and coordinate potential distributions  Set up distribution wires in the SPV bank account, as approved You will:²Provide amounts to be distributed and final sign-off on calculations*Follow-up with investors to confirm wire instructions beyond two failed attempts* 10 business days notice required for distribution calculation requests. After receiving your final approval, Carta will process payments to investors within 14 business days.   2. Stock Distributions Carta will:Perform waterfall calculations in accord with the operating agreementsProvide allocation of shares to your third-party brokerages to facilitate distributionsYou will:²Provide number of shares to be distributed and final sign-off on calculations*Collect instructions from investors and coordinate with your selected third-party brokerage firmOpen a brokerage account for the SPV, where required* 10 business days notice required for distribution requests. After receiving your final approval, Carta will  draft and publish distribution notices on the Carta platform within 3 business days.   To discuss any services that are outside of the scope addressed above, please talk to your Carta representative. ¹The Carta platform means the online dashboard(s) made available to you by us and its/their related digital applications. ²Additional documentation or information may be required as circumstances warrant. ³Subject to Carta’s AML/KYC requirements and any requirements from the relevant banking partner.  –––––– DISCLOSURE: This communication is on behalf of Vauban Technologies Limited ("Carta").  Carta provides formation, administration and related services in the UK to entities regulated by the UK Financial Conduct Authority (FCA), including Alternative Investment Fund Managers (AIFMs), investment firms, and other FCA authorised entities, as well as their appointed representatives acting as agents for FCA-authorised firms or, if permitted, foreign regulated firms with appropriate regulatory oversight. Carta may engage with such potential clients as such entities are in the process of obtaining required regulatory approvals. However, certain services may be restricted or unavailable until appropriate authorisation is granted. Clients falling into this category will be referred to a law firm or other fiduciaries for certain services, including formation services. Our services are not available to unregulated entities or individuals. Nothing on this website constitutes an offer, solicitation, or advice to unregulated parties. This communication is for informational purposes only, and contains general information only.  Carta is not, by means of this communication, rendering accounting, business, financial, investment, legal, tax, or other professional advice or services.  This publication is not a substitute for such professional advice or services nor should it be used as a basis for any decision or action that may affect your business or interests.  Before making any decision or taking any action that may affect your business or interests, you should consult a qualified professional advisor.  This communication is not intended as a recommendation, offer, or solicitation for the purchase or sale of any security. Carta does not assume any liability for reliance on the information provided herein. © 2025 eShares, Inc. dba Carta, Inc. All rights reserved. Reproduction prohibited.  (292 words)
- [LP Investor Pitch Deck: Free Template for Fund Managers](/content/uk/en/learn/private-funds/management/portfolio-management/investor-pitch-deck/index.html): Learn how private funds can craft a standout investor pitch deck for raising capital from LPs. Get best practices, free templates, and pitch deck examples. (1,370 words)
- [Scope of Services: Carta Fund Administration (for Unaudited Funds) | support.carta.com](/content/support/kb/guide/en/scope-of-services-carta-fund-administration-for-unaudited-funds-nelf04knbp/steps/3724482/index.html): Scope of Services: Carta Fund Administration (for Unaudited Funds)Per annum pricing will be determined based on your individual fund structure, needs, and complexities.Please note the client deliverables and related timelines outlined below, as they will impact service and turnaround by the Carta team. We look forward to your continued partnership.I. Accounting ServicesAccounting services are supported for USD-denominated entities only. US GAAP ReportingThe following statements will be produced by Carta: Balance SheetStatement of OperationsSchedule of Investments (SOI) Statement of ChangesPartners’ Capital Account Statements (PCAPs)The following performance metrics will be available on the Carta platform: Net IRR, Gross Deal Level IRR, RVPI, TVPI, DPI and MOIC.Carta system-generated external financial reporting packages will be distributed within 45 days after the fiscal quarter or fiscal year end, or in accordance with the terms of the Operating Agreement(s) or as otherwise agreed upon between Carta and Client. You can view a sample of the Carta system-generated external financial reporting package here.Books and RecordsCarta will update and maintain the accounting books and records for the Fund. You will have easy, read-only access to review the books and records.  For the Fund Entity, Carta will:Maintain and update the Schedule of Investments (SOI) on the Carta platform Maintain total capital called and distributions received for indirect investmentsUpdate valuations at quarter-end or at a material financingNecessary documents or information you will provide Carta (1):  Fully executed closing set for portfolio company investments (e.g., countersigned purchase agreement, articles of incorporation (AOI) / certificate of formation)Fully executed subscription packets for Fund of Fund investmentsSubmit price per share and/or ending fair market value of fund-specific holdings at least 15 business days prior to reporting deadline in accordance with the Fund’s valuation policy (requires finalized supporting documentation consistent with industry standards). PCAPs for underlying Fund of Fund investments - Client is responsible for retrieving any Fund investment related documents from external sources/third parties, including but not limited to investors’ capital account statements, capital call notices, distribution notices, and financial statements.Complete dissolution of the business at end of life of the applicable entities, after final distribution Banking and PaymentsCarta will:Set up electronic payments for all cash activity as requested Confirm all fund expenses (including management fee calculations) are done in accordance with the operating agreement(s)Manage Form 1099 process electronically at year-end as approved, including filing with IRS on client’s behalf You will provide Carta (1):Access to the fund’s bank account is required, with the ability to set up payments (bank must have two step-authorization capability and account must be in the fund’s name). No commingled accounts between entities will be accepted.Vendor W-9s and email contact prior to initial paymentWire or other payment instructions, invoices for expenses, and executed purchase documents for investmentsYou are responsible for:Setting up bank accounts, one for each Carta administered entity, with your chosen banking partner as approved by Carta*Final review and releasing of payments after you receive confirmation from Carta Performing any call backs to your vendorDepositing checksEnsuring accurate user profile setup within the Carta platformEstablishing authorized access to your bank account Resolving any failed, rejected, returned, or on hold payments due to additional information or documentation needed by your banking partner*Change in banking partner may result in a fee adjustment.These services are subject to the Venture Capital Payment Terms and Conditions. Year-end Filings and Tax Carta will manage the year-end tax timeline as agreed upon by you, Carta, and your tax provider, no less than 90 days after fiscal year end. Carta will:Draft and maintain the tax timelineProvide books, records, and supporting documentation to your tax providerDistribute K-1s generated by your tax provider through the Carta platformYou will (1):Provide deliverables in accordance with agreed-upon timelineCoordinate execution of the tax provider engagement letter (by September 30 of each year) and tax returns, with executed copies to Carta as applicable Collect AOIs, financials, and other valuation support for portfolio companiesProvide industry and geography details as well as updated contact info for all portfolio holdingsProvide Fund’s valuation policy and valuation support to substantiate any discretionary valuation adjustments or approaches consistent with industry standardsCollect capitalization tables and annual financial statements for portfolio companies*Complete any municipal, state, foreign, or federal reporting or regulatory filings. Such filings or reporting will not be completed by Carta* With Carta’s Portfolio Insights, you get a comprehensive and shareable view of your portfolio companies' performance, including the collection of capitalization tables and annual financial statements. Please reach out to your Carta representative for information on this service. Carta will not be responsible for any SSBCI-related activities, including but not limited to any SSBCI-specific reporting requirement, custom chart of accounts or custom reporting. Client will handle all SSBCI-specific reporting requirements and filings with the applicable states. ​​ II. Administration ServicesCapital Calls Carta will:Add new investors to the Carta platform and issue the initial capital call notice upon your execution of the subscription agreement*Execute on your post initial capital call requests the same business day if received prior to 3pm EST2* Initial capital call notices will automatically be generated only if you use Carta’s Closings feature, included in your fund administration fee. If you do not use the Closings feature, you must submit a capital call request through the Carta platform before Carta can issue the capital call notice. This may take up to 48 hours.The following are available via the Carta platform:Per-investor calculations, preparation and distribution of capital call notices to investorsTracking receipts of capital call paymentsFollow-ups to investors (at your discretion) 24 hours after the capital call due date** You may experience tracking delays depending on your bank’s connectivity with the Carta platform.You will1:Submit and approve capital call requests through the Carta platformProvide potential investments and realizations for cash projectionsProvide a percentage or dollar amount to be called and other required informationNotify Carta of commitment or carry percentage changes by member Cash DistributionsCarta will:Perform waterfall calculations in accordance with the operating agreement(s)Send notifications to investors to update their wire instructions on the Carta PlatformComplete and coordinate potential tax distributionsDraft and publish distribution noticesSet up distribution wires in your bank account as approvedYou will (1):Provide amounts to be distributed and final sign-off on calculations* * 5 business day notice required for distribution requests (2)  Stock DistributionsCarta will:Perform waterfall calculations in accordance with the operating agreement(s)Draft and publish distribution notices Provide allocation of shares to third-party brokerages to facilitate distributionsYou will (1):Provide number of shares to be distributed and final sign-off on calculations*Collect DTC instructions from investors and coordinate with your selected third-party brokerage firm* 5 business day notice required for distribution requests(2) Investor Information Investors will be responsible for updating their information, including maintaining investor contact preferences, wire instructions, W-9s/W-8BENs, and other requested information on the Carta platform. Contact your Carta representative to engage separate AML/KYC services for an additional fee.All communications will be on the Carta platform, which will serve as the communication repository for communications like capital calls, distributions, quarterly and annual reports, investor update letters, tax documents, etc. Carta will assist with providing you answers to LP questions related to fund information on the Carta platform. Carta will not communicate with LPs directly.  You will provide (1):Fully executed Operating Agreements with list of commitments and carry percentage by memberFully executed subscription packets* Fully executed side letters (if applicable)Investor W-8s, W-9s, and up to date contact information* Information about disregarded entities* With Carta’s Closings feature, you can manage, close, and share subscription packets with your investors. To discuss any services that are outside of the scope addressed above, please talk to your Carta representative.For GP entity administration, see the scope of services here.   (1) Additional documentation or information may be required by Carta as circumstances warrant. Client's failure to meet required timelines for documentation may result in delay of delivery by Carta of any deliverables reliant on such client inputs. (2) Excluding federal holidays and office closures. Carta’s general hours of operations can be found here. All notices received after the listed closing time shall be deemed received on the next business day.  DISCLOSURE: This communication is being sent on behalf of eShares, Inc. dba Carta, Inc. (“Carta”) and its affiliates. Certain transactional fees may apply. 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. Carta does not assume any liability for reliance on the information provided herein. (1,402 words)
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- [Scopes of Service: Carta VC Implementation | support.carta.com](/content/support/kb/guide/en/scopes-of-service-carta-vc-implementation-ppuaywiwx5/steps/3724991/index.html): Scope of Services: Carta VC ImplementationSelect an option below for more information. (33 words)
- [Scope of Services: Carta Corporate Secretarial (Luxembourg-Hosted) | support.carta.com](/content/support/kb/guide/en/scope-of-services-carta-corporate-secretarial-luxembourg-hosted-c2b3vlc1ch/steps/3813132/index.html): Scope of Services: Carta Corporate Secretarial (Luxembourg-Hosted)Carta will provide the following services for entities under contract for Corporate Secretarial Services:GENERAL CORPORATE SECRETARIAL *I. Setup and MaintenanceCarta’s Corporate Secretarial Services can assist you with the following actions:Registrar fund registrationBank account openingMaintenance of statutory registers (Register of Members)Share TransfersPreparation and submission to the Commission de Surveillance du Secteur Financier (CSSF) of statutory forms to update any information concerning the fundPreparation of annual reporting to Banque Central of LuxembourgChange of financial year endAML/CTF statutory audit reportDisbursements and government fees You are responsible for:As to share transfer related matters, providing us with the signed documents that Carta will be preparing at least 14 business days from effective dateAudit*Carta may partner with a third-party to provide certain services in order to comply with local laws and regulations. (427 words)
- [Scope of Services: Carta Europe and Offshore Fund Administration | support.carta.com](/content/support/kb/guide/en/scope-of-services-carta-europe-and-offshore-fund-administration-fepiudwi36/steps/3724399/index.html): Carta Europe and Offshore Fund AdministrationPer annum pricing will be determined based on your individual fund structure, needs, and complexities. Please take note of the client deliverables and related timelines outlined below, as they will impact service and turnaround by the Carta team. We look forward to your continued partnership.I. Accounting ServicesFund EntityIFRS/UK GAAP/LUX GAAP/US GAAP ReportingThe following statements will be produced by Carta:Balance sheetStatement of OperationsSchedule of Investments (SOI)Statement of ChangesPartners’ Capital Account Statements (PCAPs)Net IRR, Deal Level IRR, RVPI, TVPI, and DPI are available on Carta platform(1)Client-provided fund newsletter posted with the Carta report package (if applicable)Books and RecordsCarta will update and maintain the accounting books and records for the Fund. You will have easy, read-only access to review the books and records. For the Fund Entity, Carta will:Maintain and update the SOI on the Carta platformMaintain total capital called and distributions received for indirect investmentsUpdate valuations at quarter-end , or on a less frequent basis (semi-annual or annual).Necessary documents or information you will provide Carta:(2)Fully executed constitutional documentation (Limited Partnership Agreement and Private Placement Memorandum) with list of commitments and carry percentage by member*Fully executed subscription packets*Side letters*Tax Filings and K-1s (if applicable)Onboarding data including CRS/FATCA self-cert forms, contact information*Submit accrual adjustments and invoices within 15 business days prior to reporting deadline in accordance with Fund’s financial reporting policySubmit prices per share and/or ending valuation of ownership for updated valuation at least 15 business days prior to reporting deadline in accordance with the Fund’s valuation policy (requires finalized supporting documentation consistent with industry standards)Submit distribution requests within 15 business days of the intended date of sending the distribution notices to investors* If you have purchased Fund Formations Services with Fund Administration, we will already have this information.Banking and Payments(3)Carta will:Set up electronic payments for all cash activity as requestedConfirm all fund expenses (including management fee calculations) are done in accordance with the operating agreementsYou will provide Carta:Access to the entity’s bank account as required, with the ability to set up payments (bank must have two step-authorization capability and account must be in the GP entity’s name)*Wire or other payment instructions and invoices for expensesYou are responsible for:Setting up bank accounts, one for each Carta administered entity, with your chosen banking partner (unless you have purchased Fund Formations Services with Fund Administration)Final review and releasing of payments after you receive confirmation from CartaPerforming any call backs to your vendorDepositing checksEnsuring accurate user profile setup within the Carta platformEstablishing authorized access to your bank accountResolving any failed, rejected, returned, or on hold payments due to additional information or documentation needed by your banking partner* If you have purchased Fund Formations Services with Fund Administration, we may have opened the bank account on your behalf and will ensure you are given access to the bank account.Year-end Filings, Audit, and TaxCarta will manage year-end audit (if applicable) and tax timeline as agreed upon between Carta, Client, and auditor (and no fewer than 90 days after the fiscal year end unless otherwise agreed). Carta will:Draft and maintain timeline for all parties involvedProvide books, records, and supporting documentation to auditor and your tax providerCompletion of auditor-provided template for audit confirms; auditor to send and collect from various parties (portfolio companies, banks, legal counsel, etc.)*Complete audit notes and financial statementsDistribute audit report and K-1s generated by your auditor and tax provider, respectively, through the Carta platformNecessary documents or information you will provide Carta:(3)Deliverables in accordance with agreed-upon timelineExecution of the engagement letters, audit rep letter, audit confirms, and tax returns with executed copies to Carta as applicableTimely completion of regulatory business filingsCollection of financials and other valuation support for portfolio companiesIndustry and geography details as well as updated contact info for all portfolio holdingsFund’s valuation policy and valuation support to substantiate any discretionary valuation adjustments or approaches consistent with industry standardsCollected capitalization tables and annual financial statements for portfolio companies*Client is responsible for any regulatory filing requirements and such filing or reporting will not be handled by Carta* Auditors appointed by the client will handle the preparation of the financial statement.II. Administration ServicesCapital CallsCarta will:Provide high level cash projections to understand cash needsAdd new investors to the Carta platform and issue the initial capital call notice upon your execution of the subscription agreement*Execute on your post initial capital call requests the same business day if received prior to 12pm UK time* Initial capital call notices will automatically be generated only if you use Carta’s Closings feature, included in your fund administration fee. If you do not use the Closings feature, you must submit a capital call request through the Carta platform before Carta can issue the capital call notice. This may take up to 48 business hours. The following are available on Carta platform:Calculation by investor, letter preparation and distribution of capital call notices to investorsTracking receipts of paymentsFollow-ups to investors provided with Client discretion 24 hours* post-due date* You may experience tracking delays depending on your bank’s connectivity with the Carta platform.  You will:Submit and approve capital requests through the Carta platformProvide a percentage or dollar amount to be called and other required informationProvide potential investments and realizations for cash projectionsNotify Carta of commitment or carry percentage changes by memberApplication of Equalisation InterestCarta will apply Equalisation Interest to future capital calls or distributions (as specified by the Client) You will:Provide interest waivers via side letters (if applicable)Cash distributionsCarta will:Perform waterfall calculations in accordance with the constitutional documentSend notifications to investors to update their wire instructions on the Carta platformComplete and coordinate potential tax distributionsDraft and publish distribution notices through Carta platformSet up distribution wires in your bank account as approvedYou will:(2)Provide the amount to be distributed and provide final sign-off on calculations. 15 business day notice required for distribution requests.Ensure that investors have updated their bank account details on Carta’s portal.Stock distributionsCarta will:Perform waterfall calculations in accordance with the Constitutional documentDraft and publish distribution notices through Carta platformWork with third-party brokerage to facilitate distributionNecessary documents or information you will provide Carta:Provide number of shares to be distributed and provide final sign-off on calculationsCollect instructions from investors and coordinate with your selected third-party brokerage firmInvestor informationInvestors will be responsible for updating their information, including maintaining investor contact preferences, wire instructions, and other requested information on the Carta platform.  All communications will be on the Carta platform, which will serve as the communication repository for communications like capital calls, distributions, quarterly and annual reports, investor update letters, tax documents, etc.  Carta will assist with providing you answers to LP questions related to fund information (such as queries on NAV, commitment, etc) on the Carta platform.  You will provide:AML/KYC documents collected from investors.* Contact your Carta representative to engage separate AML/KYC services for an additional feeFully executed constitutional documents with list of commitments and carry percentage by memberFully executed subscription packetsFully executed side letters (if applicable)Investor AEOIs, W-8s, W-9s, or other up to date tax and contact information*Information about disregarded entities* If you have purchased Fund Formations Services with Fund Administration, we will already have this information.  To discuss any services that are outside of the scope addressed above, please talk to your Carta representative. (1) The Carta platform means the online dashboard(s) made available to you by us and its/their related digital applications. (2) Additional documentation or information may be required by Carta as circumstances warrant. Client’s failure to meet required timelines for documentation may result in delay of delivery by Carta of any deliverables reliant on such client inputs. (3) Change in banking partner may result in a fee adjustment. DISCLOSURE: This communication is being sent on behalf of eShares, Inc. dba Carta, Inc. (“Carta”) and its affiliates. Certain transactional fees may apply. 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. Carta does not assume any liability for reliance on the information provided herein. (1,360 words)
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- [Scope of Services: Carta Management Company Tax Preparation | support.carta.com](/content/support/kb/guide/en/scope-of-services-carta-management-company-tax-preparation-5yynr0jwc5/steps/3724474/index.html): Scope of Services: Carta Management Company Tax PreparationCarta Management Company Tax Preparation is an add-on service not included in your Carta Management Company Administration subscription. Per annum pricing will be determined based on your individual management company structure, needs, and complexities. In order to be eligible for Carta Management Company Tax, the entity must be administered through Carta Management Company Administration and the managed funds must be administered through Carta Fund Administration.  Carta Management Company Tax Preparation - Base ServicesIncluded in the base Carta Management Company Tax Preparation package, Carta will work with you to:Prepare and file your management company’s federal tax return (Form 1065 for partnerships)Prepare and distribute Schedule K-1s for partners (for partnerships)Prepare and file state tax returns for your management company (when required) and distribute applicable tax documents to partners  ExtensionsCarta’s tax return filing services are contingent upon tax extensions. Carta will file extensions with the IRS and any applicable states on the taxpayer entity’s behalf. For state extensions, Carta determines residency state filing requirements based on partner addresses that have been provided by Client by January 31 following the tax year. Carta is not responsible for late filings due to missing or incorrect state residency information.Final Tax YearYou must promptly notify Carta Tax of any planned wind-up or dissolution of your entity. Extensions must be filed within 2.5 months of dissolution. Carta will assist with preparing your entity’s final year tax return. Payment for tax return preparation services will be due at the time of dissolution. Additional Tax Preparation ServicesDepending on your entity structure, you may need certain additional forms or services that are not included in the base Carta Management Company Tax Preparation subscription. Additional Tax Preparation Services are provided for an additional fee. Talk to your Carta representative to discuss any filings not listed above. If not included in engagement letter pricing, fees will be billed to Client upon completion of tax filing. Not SupportedWhile most management companies are able to be serviced by Carta Management Company Tax, the product will be unable to support entities with any of the following non-standard characteristics:Entities not administered through CartaAny other non-standard characteristics as identified by Carta from time to time   Client Responsibilities Required InformationPrior Year Tax Returns: Client shall provide Carta with the entity’s previous tax documents, if any. If applicable, Client shall facilitate the transfer of prior year tax data from the prior year tax provider to Carta.Approval of Extension Filing: Carta will automatically file extensions for all taxpayer entities. Where necessary, Client shall provide written approval and/or signature for such extension.Entity Information Accuracy: Client must confirm the management company’s financial data in the Carta platform by January 31 of the year of the applicable tax filing deadline.Partner Information Accuracy: Client is responsible for the management company’s partners (if a partnership) confirming their respective tax information in the Carta platform by January 31 of the year of the applicable tax filing deadline.*Updating Tax Workpapers and Tax Return (s): Client must update Carta confirming that they will need to file for Notice Responses and / or Abatement (if eligible), Superseded Returns and Amended ReturnsAdditional Information: Client will furnish any additional documents or data as reasonably requested by Carta in order to facilitate service, delivery and completion of service. Review, Approval, and FilingAfter Client has submitted all required information, Carta will prepare tax returns and provide returns to Client for review in the Carta platform.Client shall provide final approval and sign the e-file authorization(s) in the Carta platform. After Client authorization is finalized, Carta will electronically file tax returns with the IRS and applicable states.ConditionsIf the above deliverables are not received, the above deadlines are not met, or if Client or Client’s investors provide incorrect information:Carta shall not be responsible for any interest, fines, or penalties due to late or incorrect filings.Carta shall not be responsible for late tax payments. Filing Superseded Returns / Amended Returns and/ or Notice Responses and/or Abatement (if eligible)Depending on your needs, there may be a need for certain additional forms or services to be filed to the Tax authorities that are not included in the base Carta Fund Tax Preparation subscription including:Prepare and file Superseded returnsPrepare and file Amended returnsPrepare and file Notice Responses and/or Abatement (if eligible)Client Responsibilities Required InformationUpdating Tax Workpapers and Tax Return (s): Client must update Carta confirming that they will need to file for Notice Responses and / or Abatement (if eligible), Superseded Returns and Amended Returns Review, Approval, and FilingAfter Client has submitted all required information, Carta will prepare Superseded tax returns (if applicable) and provide to Client for review in the Carta platform.In the event of any impact to K-1s based on the updated information shared by the Client, Carta will share the updated K-1, if applicable, with Client for review and approval.Carta will share amended tax returns (if applicable) via dataroom links or box links. By engaging Carta, Client authorizes Carta and its affiliates to review all information about Client and its partners that Client or its partners provide to or receive from any Carta affiliate. Carta reserves the right to reassess the fee structure for tax preparation services if there are changes to tax laws or regulations that result in a material increase in the complexity of Carta’s services. Carta shall provide Client with at least 30 days’ notice in advance of any such fee increase. Additional terms and conditions apply: https://carta.com/legal/agreements/tax-preparation-product-specific-terms 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. Carta does not assume any liability for reliance on the information provided herein. ©2024 eShares, Inc. dba Carta, Inc. All rights reserved. (933 words)
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- [Carta LP/GP Summit | Carta](/content/sg/en/c/lp-gp-summit/index.html): Join us in Singapore for the Carta LP/GP Summit, a closed-door annual event for Limited Partners and General Partners in APAC and MENA. (244 words)
- [APAC Due Diligence Scope of Services: Singapore-based Funds | support.carta.com](/content/support/kb/guide/en/apac-due-diligence-scope-of-services-singapore-based-funds-lvhwu5tsxi/steps/4297495/index.html): SERVICECARTA RESPONSIBILITIESCLIENT RESPONSIBILITIESInvestor AML/KYC (Non-U.S. based Funds)Carta will provide the following AML/KYC services, including conducting Customer Due Diligence (“CDD”) for all investors and  connected parties:OnboardingCollecting and reviewing of CDD documents and relevant information as requiredIdentification and verification of the identities of the investor and connected parties, such as -Entity informationControl person of entityIndividual beneficial owner holding 25% or more interests, where applicableConduct screening on the investor and connected parties and report to the Client on the screening results for the following watchlists:Politically Exposed Person (PEP) list;Sanctions list;Enforcement list; andAdverse mediaPerform risk rating assessment on the investorPeriodic monitoringReview and request updated documents to maintain  up-to-date documents/information Conduct screeningPerform risk rating assessmentProvide updates to the Client on changes to the screening and risk ratingPerform recurring  screening of applicable parties during the contract period Client (either through Client’s GP or Client’s legal counsel) to provide Carta with all necessary KYC documents containing the relevant information required by Carta to perform the AML/KYC services on the investor and its connected parties. Investor’s KYC documents include: For Individuals:Current passport;Proof of address; andSource of Funds and Source of Wealth Declaration and its supporting documentFor entities:Copy of formation documents;Register of Directors and Controlling Persons;Register of Shareholders;Source of Funds and Source of Wealth Declaration;Latest financial statement; andIdentification and verification of IDs of each director, controlling person and shareholder.Note: List of KYC documents required subject to the types of investors. This scope  is designed for funds domiciled in Singapore and  meets the AML rules and regulations set by the Monetary Authority of Singapore (“MAS”).  The AML rules and regulations include such as MAS Notices on Prevention of Money Laundering and Countering the Financing of Terrorism, Guidelines to MAS Notice on Prevention of Money Laundering and Countering the Financing of Terrorism, Corruption, Drug Trafficking and other Serious Crimes (Confiscation of Benefits) Act (Chapter 65A), Terrorism (Suppression of Financing) Act.   It may not be suitable for funds domiciled in other jurisdictions.  This scope of service is a supplemental service to support a BSA/AML program that is owned by the Client.  If contracted for KYC as a service, please note that Carta does not act as the Client’s BSA/AML Officer; supplemental Compliance Officer, and/or General Counsel. The contracted service does not replace the need for an independent BSA/AML program owned by the Client.  This scope of service does not include nor does Carta provide guidance to the Client in regards to customer/investor risk, customer compliance, geographic risk, or compliance/legal ramifications of non-compliance to BSA or other applicable regulations.  The Client owns the compliance risk and ultimately responsibility for their own BSA/AML program. DISCLOSURE: This communication is on behalf of Carta Investor Services, Inc. ("Carta"), an affiliate of eShares Inc., d/b/a Carta, Inc. ("Carta, Inc."), and is not to be construed as legal, financial, accounting or tax advice; it is for informational purposes only. This communication is not intended as a recommendation, offer or solicitation for the purchase or sale of any security. Neither Carta nor Carta, Inc. assumes any liability for reliance on the information provided herein. (475 words)
- [Scope of Services: Syndicate SPV | support.carta.com](/content/support/kb/guide/en/scope-of-services-syndicate-spv-9mrzwlqnup/steps/3724894/index.html): Scope of Services: Syndicate SPV One-Time US SPV Formation with Lifetime Administration & Bank Account Included Formation and Corporate ServicesCarta will:Establish a series of Vauban Platform LP, a Delaware multi-series limited partnership (the “SPV”), a hosted SPV entity for which investment advisory services are provided by a Carta Affiliate operating as an Exempt Reporting Adviser under the Investment Advisers Act of 1940.Engage a Delaware registered agent selected by Carta, as may be required.Obtain an EIN for the SPV (the tax filing number needed to open a bank account).Open bank or brokerage accounts for the SPV as necessary to facilitate payments to and from investors, whether domestic or international.File Form D for the SPV.Complete state blue sky securities filings for the SPV.Maintain the corporate books and records of the SPV.Establish a unique profile for the SPV on the Carta platform.Circulate investor communications and statements through the Carta platform, where relevant.Upon exit, manage the distribution of proceeds in any liquidity event, or provide a target investment or any shareholder representative or escrow/transfer agent with information about each holder of a carried interest and each SPV investor’s indirect interest in the target investment.Accounting ServicesCarta will:Perform accounting for transaction(s) that the SPV enters into.Maintain and store any documentation or records in relation to transactions carried out pursuant to such SPV’s purpose.¹Perform calculations of distributions upon exit.Ongoing Tax Return Preparation ServicesCarta will²:Where required, file Form 1065 partnership return form for the SPV.Where required, file tax returns for the SPV and furnish each investor with schedule K-1s.Compliance ServicesCarta will²:Onboard Client for KYC purposes.Onboard SPV investors in the SPV for KYC purposes.Perform KYC on portfolio company prior to investment. Admission of investors or other parties into the SPV, as well as use of the SPV for a particular portfolio company investment, is contingent upon KYC and other regulatory compliance restrictions, including but not limited to:Restrictions on the number of beneficial owners in an SPVRestrictions on the percentage of benefit plan investors in an SPVEXCLUDED SERVICESCarta will not provide or send correspondence letters between the IRS or state taxing authority (“Taxing Authority”) on behalf of the SPV or entity of Client unless agreed upon by Client and Carta and at the applicable rate.Carta will not provide correspondence and/or prepare other tax materials on behalf of the SPV and/or Client pertaining to matters outside of the direct preparation of the Partnership return (1065/K-1/relevant state) for the SPV.Carta will not send abatement letters to any Taxing Authority requesting a refund or abatement unless agreed upon by Client and Carta and at the applicable rate.If Carta has already prepared or filed Form 1065 using information provided by Client to perform such work and such tax return requires an amendment or a correction of the tax return, then Client must pay Carta the applicable rate to amend the tax return or re-prepare the tax return, including any correspondence with the IRS to complete such amendment.Carta will not provide any investment advice to the SPV or the Client and will not make any recommendations as to the investments to be acquired, held or sold by the SPV.Carta will not provide any audit support.MANDATORY CONDITIONSThe SPV shall at no time operate in a manner that characterizes its activities in an active manner or as an operating business and must at all times be a purely-passive investment vehicle.The SPV must be pursuant to the acquisition and disposal of a single interest or deal and shall not be permitted to acquire interests in more than one underlying asset.The investment of the SPV shall at no times be a target company that is a pass-through entity, Passive Foreign Investment Company or Controlled Foreign Corporation for tax purposes.Carta must be given any and all visibility over any such activities of the SPV itself, including any material changes to the underlying portfolio investments (including revaluations, liquidation or bankruptcy).Client ResponsibilitiesClient will:Assist Carta from time to time to perform the services hereunder, including, but not limited to, providing Carta with all reasonably required information in respect of the target company, the SPV, Client, and the SPV’s investors.Provide Carta with the following information via the Carta platform:the desired name of the SPVthe target amount to be raised by the SPVthe description of the target investment (e.g. type of security, name of portfolio company, etc.)the investment memo of the target investmentpayment instructions (where relevant)the minimum investment amount per investorany other information as may be requested from time to time by CartaPay for or reimburse Carta for any ad hoc tax fees or costs of obtaining experts incurred by Carta in complying with any foreign filings, distribution costs, or expenses.Services not included in this scope may be subject to additional fees. Add-on ServicesTransfer of interest$1,000 eachAdditional close (same asset and same terms)$3,000 each (1 maximum)Side letter for waived carry (SPVs only)$1,900 for unlimited side letters¹All documents (including but not limited to transaction agreements, stock certificates, etc.) will be stored in electronic formats only. Carta will not accept any paper documents. ²Subject to provision of requested information by Client and SPV investors. DISCLOSURE: This communication is on behalf of eShares, Inc. dba Carta, Inc. ("Carta"). This communication is for informational purposes only, and contains general information only. Carta is not, by means of this communication, rendering accounting, business, financial, investment, legal, tax, or other professional advice or services. This publication is not a substitute for such professional advice or services nor should it be ur interests. Before making any decision or taking any action that may affect your business or interests, you should consult a qualified professional advisor. This communication is not intended as a recommendation, offer, or solicitation for the purchase or sale of any security. Carta does not assume any liability for reliance on the information provided herein. Please refer to important disclosures found at https://carta.com/legal/agreements/syndicate-spv-disclosure/ © 2023 eShares Inc., d/b/a Carta Inc. ("Carta"). All rights reserved. Reproduction prohibited. USE OF SPV FORMATION DOCUMENT TEMPLATES IS ENTIRELY AT YOUR OWN RISK AND SUBJECT TO CARTA’S LEGAL DOCUMENTS TERMS OF USE AND DISCLAIMER LOCATED AT https://carta.com/privacy/document-generation-terms-and-conditions/. CARTA ASSUMES NO LIABILITY FOR THE USE OF OR RELIANCE ON THESE DOCUMENT TEMPLATES. Carta does not guarantee such document templates’ applicability or accuracy in regard to your particular circumstances. These document templates are provided “as is” without warranty of any kind, either express, implied, or statutory, including without limitation, warranties of merchantability, fitness for a particular purpose, satisfactory purpose, title or noninfringement. Some jurisdictions do not allow the exclusion of implied warranties, so these exclusions may not apply to you. (900 words)
- [Scope of Services: Due Diligence (UAE*) | support.carta.com](/content/support/kb/guide/en/scope-of-services-due-diligence-uae-bugoeypset/steps/4450052/index.html): Scope of Services: Due Diligence (UAE*)This scope is designed for funds domiciled in the ADGM and meets the AML rules and regulations set by the Financial Services Regulatory Authority (“FSRA”). The AML rules and regulations include such as the Conduct of Business Rulebook which is amended from time to time. It may not be suitable for funds domiciled in other jurisdictions. This scope of service is a supplemental service to support a BSA/AML program that is owned by the Client. If contracted for KYC as a service, please note that Carta does not act as the Client’s BSA/AML Officer; supplemental Compliance Officer, and/or General Counsel. The contracted service does not replace the need for an independent BSA/AML program owned by the Client. This scope of service does not include, nor does Carta provide guidance to the Client in regards to customer/investor risk, customer compliance, geographic risk, or compliance/legal ramifications of non-compliance to BSA or other applicable regulations. The Client owns the compliance risk and ultimately responsibility for their own BSA/AML program. DISCLOSURE: This communication is on behalf of Carta Investor Services, Inc. ("Carta"), an affiliate of eShares Inc., d/b/a Carta, Inc. ("Carta, Inc."), and is not to be construed as legal, financial, accounting or tax advice; it is for informational purposes only. This communication is not intended as a recommendation, offer or solicitation for the purchase or sale of any security. Neither Carta nor Carta, Inc. assumes any liability for reliance on the information provided herein. *Regulated by the Financial Services Regulatory Authority in the ADGMSERVICECARTA RESPONSIBILITIESCLIENT RESPONSIBILITIESInvestor AML/KYC (Non-U.S. based Funds)Carta will provide the AML/KYC services, including conduct Customer Due Diligence (“CDD”) for all investors and its connected parties, as follow:OnboardingCollecting and reviewing of CDD documents and relevant information as requiredIdentification and verification of the identities of the investor and its connected parties, such as -Entity information;Control person of entity;Individual beneficial owner holding 25% or more interests, where applicableConduct screening on the investor and its connected parties and provide a report to the Client on the screening results for the following watchlists:Politically Exposed Person (PEP) list;Applicable Sanctions list(s);Enforcement list(s); andAdverse media, as applicable.Perform risk rating assessment on the investorPeriodic monitoringReview refreshed KYC file and request updated documents, as applicable, to ensure an updated KYC file in relation to the current customer risk ratingConduct screeningPerform a refresh of the existing risk rating assessmentUpdate Client on any change in the screening results and refreshed risk ratingPerform recurring screening of applicable parties during the valid contract periodClient (either through Client’s GP or Client’s legal counsel) to provide Carta with all necessary KYC documents containing the relevant information required by Carta to perform the AML/KYC services on the investor and its connected parties. Investor’s KYC documents such as:For Individuals:Current passport;Proof of address; andSource of Funds and Source of Wealth Declaration and its supporting documentFor entities:Copy of formation documents;Register of Directors and Controlling Persons;Register of Shareholders;Source of Funds and Source of Wealth Declaration;Latest financial statement; andIdentification and verification of IDs of each director, controlling person and shareholder.Note: List of KYC documents required subject to the types of investors. (511 words)
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- [Scope of Services: Dissolution | support.carta.com](/content/support/kb/guide/en/scope-of-services-dissolution-purxytozhc/steps/3725174/index.html): Scope of Services: DissolutionCategoryCarta ResponsibilitiesClient ResponsibilitiesMaintain accounting books and recordsEverything in standard scope, plus: Ensure all investment activity is booked and all investments have been liquidatedInform team of entity dissolutionBook remaining expenses, income, receivables and payablesProper liquidation of all held investments Ensure all outstanding receivables and payables are relieved Provide remaining unbooked investment activity along with applicable support Provide remaining unbooked income, expenses, receivables and payables   Banking and payment of expensesEverything in standard scope, plus: Set up payment for all unpaid expenses and accounts payableProper closing of all bank accounts   Regulatory filings, audit, and tax processEverything in standard scope, plus: Coordinate with third-party audit team on the completion of final auditPreparation and finalization of filing dissolution paperworkCoordinate with tax team on the completion of final tax return and K-1s    DistributionsEverything in standard scope, plus: Ensure investor capital accounts are in good standing Inform investment manager of potential clawback, if necessary, and coordinate return of proceeds  (169 words)
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- [Standard Scope of Services: SPVs (UAE*) | support.carta.com](/content/support/kb/guide/en/standard-scope-of-services-spvs-uae-x1fryr1k5p/steps/4377936/index.html): Standard Scope of Services: SPVs (UAE*)ServiceCarta responsibilitiesClient responsibilitiesMaintain accounting books and recordsAnnual maintenance and update schedule of investments on Carta platformOne capital call upfront (all expenses must be budgeted for upfront).Annual financial package sent to LPsProvide Carta with:Fully executed operating agreementSubscription packetsSide letters (if applicable)Investor W-8s/W-9s(FATCA forms), CRS self-cert forms and up-to-date contact informationValuations updated at year-endProvide Carta with:Provide accrual adjustmentsPrices per share and/or ending valuation of ownership for updated valuation numbers at least 10 business days prior to reporting deadline.Provide documentation to support transactions and valuationsCompletion for dissolution of the business at end of life of the applicable entitiesBanking and payment of expensesAnnual cash reconciliationProvide read-only access to fund’s bank account with the ability to set up wires (bank must have two-step authorization capability and account must be in fund’s name)One-off invoice payment (upfront)Client to provide invoices any other supporting documents (if applicable)IFRS financial reportingExternal unaudited financial reporting package distributed annually to investors via the Carta platform:Balance SheetProvide fund newsletter, if applicableStatement of OperationsSchedule of InvestmentsClient-provided fund newsletter, posted on Carta platformCapital callsSingle capital call upfront (all expenses must be budgeted for upfront). Lead time for Capital call requests is T+1. All requests to be received prior to 2pm Singapore Time and it will be initiated the next business dayProvide dollar amount to be calledLiquidation distributions - CashSingle Distribution - Perform waterfall calculations in accordance with the operating agreementProvide dollar amount to be distributed and provide final sign-off on calculations 5 business day notice required for distribution requests.Work with investors to confirm wire instructions (ie investors will be updating their bank wire details on Carta’s platform)Additional follow-up with investors to confirm wire instructions beyond two attemptsDraft and publish letters through Carta platformSet up wires in bank account (T+2 from the date where all investors and GP have confirmed the bank wire details for disbursement of distribution)Maintain investor info on the Carta platformContact preferences to be maintained on Carta platform upon request; Investors can also update their own information through the Carta platform Review of KYC related documents as part of the investor acceptance process (if applicable)Provide AML/KYC documents collected from investorsDISCLOSURE: This communication is being sent on behalf of Carta Investor Services, Inc. (“Carta”), an affiliate of eShares, Inc. dba Carta, Inc. Certain transactional fees may apply. 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. Carta does not assume any liability for reliance on the information provided herein. *Regulated by the Financial Services Regulatory Authority in the ADGM (400 words)
- [Scope of Services: Standard ASC 820 Valuations | support.carta.com](/content/support/kb/guide/en/scope-of-services-standard-asc-820-valuations-mlsjlqmpm0/steps/3724890/index.html): Scope of Services: Standard ASC 820 ValuationsServiceCarta ResponsibilitiesClient ResponsibilitiesAccount setup and maintenanceInitial account onboarding including:Merging all existing fund accounts under the principal account;Creating new fund accounts not already existing on the platform;Request capitalization table access from any portfolio companies that use Carta for capitalization table management; andAdd initial users to the Client’s account and determine which users should have Administrative access (the ability to provision access).Provide the Carta Implementations Manager with a list of all funds to be created or merged under the principal fund account.Provide the Carta Implementations Manager with a list of users to add to the account as well as which funds those users should have access to.Create capitalization tables for any companies that do not use Carta for capitalization table management.Valuation platform trainingProvide an initial valuation software training, including a training of the capitalization table builder so the fund is able to onboard and maintain capitalization structures for companies that do not use Carta for capitalization table management.Invite any internal users that would like to participate in the initial valuation software training.Provide notifications of any new feature released and offer demos of these features.Request training for any new features, if desired.Annual check-in with a Valuation Manager to discuss any trends we have seen in the ASC 820 valuation market, provide a software re-training if necessary, and get feedback on their experience with the valuation platform in the prior year.Invite any internal users that would like to participate in the valuation industry update, re-training on the platform, or provide feedbackOnboardingTrack and update list from Client of who can direct Carta on valuations.Provide Carta with a list of individuals who can direct Carta on valuations, and inform Carta of any applicable changes.Source data collectionInform Client of any missing data required to complete valuations.Provide Carta with the required Data Request Template, to the extent information is available, for each company to be valued (“Subject Company”). Completed Data Request Templates are sent to asc820@carta.com to initiate the valuation.¹Inform Client of perceived audit risk associated with limited, available data, if applicable.Valuation policyUpon Client’s request, provide advice on questions related to developing or refining a valuation policy.Provide Carta with details on Client’s valuation policy to inform the assumptions that Carta will use in completing valuations.Review Client’s valuation policy with Client’s auditor to ensure Client’s auditor is comfortable with the general framework prior to starting the valuation engagement with Carta.Valuation supportRespond to Client’s questions related to valuation concepts or using the valuation tool.Conduct valuations, including selecting valuation methodologies and allocation methods, as well as selecting market inputs (comparable public companies and guideline transactions, revenue and EBITDA multiples, volatility, time to exit, etc.).Valuation audit supportProvide auditors with the background calculations related to market data sources.Defend any methodological assumptions or selections used in the valuation. This includes any selected valuation methodologies, and allocation methods as well as selected market inputs (comparable public companies and guideline transactions, revenue and EBITDA multiples, volatility, time to exit, etc.).Respond to Client’s auditor’s questions related to the software’s core calculations.Defend any Subject Company data incorporated in the valuation analysis.Respond to Client’s questions related to valuation concepts. ¹Client may satisfy its responsibility for source data collection if Client subscribes to Carta’s Portfolio Insights service, which provides the collection of source documents via Carta for an additional cost. (591 words)
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- [Scope of Services: Carta Corporate Secretarial (Singapore - Private Limited Companies) | support.carta.com](/content/support/kb/guide/en/scope-of-services-carta-corporate-secretarial-singapore-private-limited-companies-fs2sqb2xo6/steps/3725211/index.html): Scope of Services: Carta Corporate Secretarial (Singapore - Private Limited Companies)First year fee includes both a one-time incorporation fee (if applicable) and the annual maintenance fee, and subsequent year fees will include the annual maintenance fee (plus any ad hoc services).  If you choose to independently form your own private limited company and would like to utilize Carta’s corporate secretarial service or if you are an existing customer and would like to transfer your corporate secretarial service from another service provider to Carta, the one-time incorporation fee will not apply, and the annual maintenance fee pricing will be determined based on the company structure and complexities.Carta will provide the following services: (2,048 words)
- [Scope of Services: Carta GP Entity Tax Preparation | support.carta.com](/content/support/kb/guide/en/scope-of-services-carta-gp-entity-tax-preparation-7zptd8kmxw/steps/3724467/index.html): Scope of Services: Carta GP Entity Tax PreparationCarta GP Entity Tax Preparation is an add-on service not included in your Carta Fund Administration subscription. Per annum pricing will be determined based on your individual GP entity structure, needs, and complexities.  In order to be eligible for Carta GP Entity Tax Preparation, the GP entity and managed funds must be administered through Carta Fund Administration. Carta GP Entity Tax Preparation - Base ServicesIncluded in the base Carta GP Entity Tax Preparation package, Carta will work with you to:Prepare and file your general partner entity’s federal tax return (Form 1065)Prepare and distribute Schedule K-1s for partners Prepare and file required state tax returns when necessary for federal compliance or investor (LP resident) state obligations; state-only filing services are not provided Extensions Carta’s tax return filing services are contingent upon tax extensions. Carta will file extensions with the IRS and any applicable states on the taxpayer entity’s behalf.  For state extensions, Carta determines residency state filing requirements based on partner addresses that have been provided by Client by January 31 following the tax year. Carta is not responsible for late filings due to missing or incorrect state residency information.Final Tax YearYou must promptly notify Carta Tax of any planned wind-up or dissolution of your entity. Extensions must be filed within 2.5 months of dissolution. Carta will assist with preparing your entity’s final year tax return. Payment for tax return preparation services will be due at the time of dissolution. Additional Tax Preparation ServicesDepending on your entity structure, you may need certain additional forms or services that are not included in the base Carta GP Entity Tax Preparation subscription.Not Supported While most GP entities are able to be serviced by Carta GP Entity Tax Preparation, the product will be unable to support entities with any of the following non-standard characteristics:Entities not administered through CartaAny other non-standard characteristics as identified by Carta from time to time Client ResponsibilitiesRequired InformationPrior Year Tax Returns: Client shall provide Carta with the entity’s previous tax documents, if any. If applicable, Client shall facilitate the transfer of prior year tax data from the prior year tax provider to Carta. Approval of Extension Filing: Carta will automatically file extensions for all taxpayer entities. Where necessary, Client shall provide written approval and/or signature for such extension.Fund and GP Entity Information Accuracy: Client must confirm the fund’s and GP entity’s data in the Carta platform, including but not limited to the asset(s) held, by January 31 of the year of the applicable tax filing deadline.Partner Information Accuracy: Client is responsible for the GP entity’s partners confirming their respective tax information in the Carta platform by January 31 of the year of the applicable tax filing deadline.Additional Information: Client will furnish any additional documents or data as reasonably requested by Carta in order to facilitate service, delivery and completion of service. Review, Approval, and FilingAfter Client has submitted all required information, Carta will prepare tax returns and provide returns to Client for review in the Carta platform.Client shall provide final approval and sign the e-file authorization(s) in the Carta platform. After Client authorization is finalized, Carta will electronically file tax returns with the IRS and applicable states. ConditionsIf the above deliverables are not received, the above deadlines are not met, or if Client or Client’s investors provide incorrect information:Carta shall not be responsible for any interest, fines, or penalties due to late or incorrect filings.Carta shall not be responsible for late tax payments.If Client requests that Carta file a superseding return, there may be an additional charge. Filing Superseded Returns / Amended Returns and/ or Notice Responses and/or Abatement (if eligible)
Depending on your needs, there may be a need for certain additional forms or services to be filed to the Tax authorities that are not included in the base Carta Fund Tax Preparation subscription including:Prepare and file Superseded returns Prepare and file Amended returns Prepare and file Notice Responses and/or Abatement (if eligible)  Client Responsibilities Required Information Updating Tax Workpapers and Tax Return (s): Client must update Carta confirming that they will need to file for Notice Responses and / or Abatement (if eligible), Superseded Returns and Amended Returns
Review, Approval, and FilingAfter Client has submitted all required information, Carta will prepare  Superseded tax returns (if applicable) and provide to Client for review in the Carta platform. In the event of any impact to K-1s based on the updated information shared by the Client, Carta will share the updated K-1, if applicable, with Client for review and approval.   Carta will share amended tax returns (if applicable)  via dataroom links or box links.    By engaging Carta, Client authorizes Carta and its affiliates to review all information about Client and its partners that Client or its partners provide to or receive from any Carta affiliate.  Carta reserves the right to reassess the fee structure for tax preparation services if there are changes to tax laws or regulations that result in a material increase in the complexity of Carta’s services. Carta shall provide Client with at least 30 days’ notice in advance of any such fee increase. Additional terms and conditions apply: https://carta.com/legal/agreements/tax-preparation-product-specific-terms    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. Carta does not assume any liability for reliance on the information provided herein. 
©2024  eShares, Inc. dba Carta, Inc. All rights reserved. (876 words)
- [Scope of Services: US Due Diligence (Sanctions Only) | support.carta.com](/content/support/kb/guide/en/scope-of-services-us-due-diligence-sanctions-only-shrrle6fy0/steps/3724573/index.html): Scope of Services: US Due Diligence (Sanctions Only)ServiceCarta ResponsibilitiesClient ResponsibilitiesDue Diligence Screening - Sanctions Only for U.S. based FundsProvide a report of findings to Client with the following information within 3-5 business days of Carta receiving all necessary information from Client: Initial sanction and watch list screeningsInvestors reviewed as part of this service will be screened against OFAC, EU, UN, BOE, FBI, BIS and other sanctions lists.Perform recurring screening of names against the above sanction and watch list(s).Client (either through Client’s GP or Client’s legal counsel) must first provide Carta with all necessary information, as follows: For individuals:Name;Title;Personal address;Date of birth;Government-issued ID number (SSN for U.S. individuals); andNon-expired government-issued photo ID (not required for U.S. individuals if SSN provided, required for non-U.S. individuals for verification). For entities:Formation documents;Name;Address; andGovernment-issued ID number (EIN for U.S. entities). Client to provide Carta with individual information for beneficial owners with 25% or more ownership and one (1) control person for entity LPs:Name;Title;Personal address;Date of birth;Government-issued ID number (SSN for U.S. individuals); andNon-expired government-issued photo ID (not required for U.S. individuals if SSN provided, required for non-U.S. individuals for verification).All Carta SLAs exclude public holidays and office closures.  DISCLOSURE: This communication is on behalf of Carta Investor Services, Inc. ("Carta"), an affiliate of eShares Inc., d/b/a Carta, Inc. ("Carta, Inc."), and is not to be construed as legal, financial, accounting or tax advice; it is for informational purposes only. This communication is not intended as a recommendation, offer or solicitation for the purchase or sale of any security. Neither Carta nor Carta, Inc. assumes any liability for reliance on the information provided herein. (304 words)
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- [Scope of Services: Carta Fund Administration (for Audited Funds) | support.carta.com](/content/support/kb/guide/en/scope-of-services-carta-fund-administration-for-audited-funds-nt3fgo2zcg/steps/3724483/index.html): Scope of Services: Carta Fund Administration (for Audited Funds)Per annum pricing will be determined based on your individual fund structure, needs, and complexities. Please note the client deliverables and related timelines outlined below, as they will impact service and turnaround by the Carta team. We look forward to your continued partnership. I. Accounting ServicesAccounting services are supported for USD-denominated entities only.US GAAP ReportingThe following statements will be produced by Carta: Balance SheetStatement of OperationsSchedule of Investments (SOI) Statement of ChangesPartners’ Capital Account Statements (PCAPs)The following performance metrics will be available on the Carta platform: Net IRR, Gross Deal Level IRR, RVPI, TVPI, DPI and MOIC.Carta system-generated external financial reporting packages will be distributed within 45 days after the fiscal quarter or fiscal year end, or in accordance with the terms of the Operating Agreement(s) or as otherwise agreed upon between Carta and Client. You can view a sample of the Carta system-generated external financial reporting package here. Books and RecordsCarta will update and maintain the accounting books and records for the Fund. You will have easy, read-only access to review the books and records.For the Fund Entity, Carta will:Maintain and update the Schedule of Investments (SOI) on the Carta platform Maintain total capital called and distributions received for indirect investmentsUpdate valuations at quarter-end or at a material financingNecessary documents or information you will provide Carta(1):  Fully executed closing set for portfolio company investments (e.g., countersigned purchase agreement, articles of incorporation (AOI) / certificate of formation)Fully executed subscription packets for Fund of Fund investmentsSubmit price per share and/or ending fair market value of fund-specific holdings at least 15 business days prior to reporting deadline in accordance with the Fund’s valuation policy (requires finalized supporting documentation consistent with industry standards). PCAPs for underlying Fund of Fund investments - Client is responsible for retrieving any Fund investment related documents from external sources/third parties, including but not limited to investors’ capital account statements, capital call notices, distribution notices, and financial statements.Complete dissolution of the business at end of life of the applicable entities, after final distribution Banking and PaymentsCarta will:Set up electronic payments for all cash activity as requestedConfirm all fund expenses (including management fee calculations) are done in accordance with the operating agreement(s)Manage Form 1099 process electronically at year-end as approved, including filing with IRS on client’s behalfYou will provide Carta(1):Access to the fund’s bank account is required, with the ability to set up payments (bank must have two step-authorization capability and account must be in the fund’s name). No commingled bank accounts between entities will be accepted.Vendor W-9s and email contact prior to initial paymentWire or other payment instructions, invoices for expenses, and executed purchase documents for investmentsYou are responsible for:Setting up bank accounts, one for each Carta administered entity, with your chosen banking partner as approved by Carta*Final review and releasing of payments after you receive confirmation from Carta Performing any call backs to your vendorDepositing checksEnsuring accurate user profile setup within the Carta platformEstablishing authorized access to your bank account Resolving any failed, rejected, returned, or on hold payments due to additional information or documentation needed by your banking partner * Change in banking partner may result in a fee adjustment. These services are subject to the Venture Capital Payment Terms and Conditions. Year-end Filings, Audit, and Tax Carta will manage the year-end audit and tax timeline as agreed upon by you, Carta, your tax provider, and auditor, to be completed within 90 days after fiscal year end or as otherwise agreed upon between Carta and Client. Carta will:Draft and maintain the audit and tax timelineProvide books, records, and supporting documentation to auditor and your tax providerComplete template for audit confirms; auditor to send and collect from various parties (portfolio companies, banks, legal counsel, etc.)Complete audit notes and financial statements in the Carta platform. You can view a sample of the audited financial reporting package here.Distribute audit report and K-1s generated by your auditor and tax provider, respectively, through the Carta platformYou will(1):Provide deliverables in accordance with agreed-upon timelineCoordinate execution of the tax and audit engagement letters (by September 30 of each year), audit representation letter, audit confirms, and tax returns, with executed copies to Carta as applicable Collect AOIs, financials, and other valuation support for portfolio companiesProvide industry and geography details as well as updated contact info for all portfolio holdingsProvide Fund’s valuation policy and valuation support to substantiate any discretionary valuation adjustments or approaches consistent with industry standardsCollect capitalization tables and annual financial statements for portfolio companies*Complete any municipal, state, foreign, or federal reporting or regulatory filings. Such filings or reporting will not be completed by Carta* With Carta’s Portfolio Insights, you get a comprehensive and shareable view of your portfolio companies' performance, including the collection of capitalization tables and annual financial statements. Please reach out to your Carta representative for information on this service.Carta will not be responsible for any SSBCI-related activities, including but not limited to any SSBCI-specific reporting requirement, custom chart of accounts or custom reporting. Client will handle all SSBCI-specific reporting requirements and filings with the applicable states.  ​​ II. Administration Services Capital Calls Carta will:Add new investors to the Carta platform and issue the initial capital call notice upon your execution of the subscription agreement*Execute on your post initial capital call requests the same business day if received prior to 3pm EST(2)* Initial capital call notices will automatically be generated only if you use Carta’s Closings feature, included in your fund administration fee. If you do not use the Closings feature, you must submit a capital call request through the Carta platform before Carta can issue the capital call notice. This may take up to 48 hours.  The following are available via the Carta platform:Per-investor calculations, preparation and distribution of capital call notices to investorsTracking receipts of capital call paymentsFollow-ups to investors (at your discretion) 24 hours after the capital call due date**You may experience tracking delays depending on your bank’s connectivity with the Carta platform.You will(1):Submit and approve capital call requests through the Carta platform  Provide potential investments and realizations for cash projectionsProvide a percentage or dollar amount to be called and other required information Notify Carta of commitment or carry percentage changes by member Cash DistributionsCarta will:Perform waterfall calculations in accordance with the operating agreement(s)Send notifications to investors to update their wire instructions on the Carta platformComplete and coordinate potential tax distributions Draft and publish distribution notices Set up distribution wires in your bank account as approvedYou will1:Provide amounts to be distributed and final sign-off on calculations**5 business day notice required for distribution requests(2) Stock Distributions Carta will:Perform waterfall calculations in accordance with the operating agreement(s)Draft and publish distribution notices Provide allocation of shares to third-party brokerages to facilitate distributionsYou will(1):Provide number of shares to be distributed and final sign-off on calculations*Collect DTC instructions from investors and coordinate with your selected third-party brokerage firm*5 business day notice required for distribution requests(2) Investor Information Investors will be responsible for updating their information, including maintaining investor contact preferences, wire instructions, W-9s/W-8BENs, and other requested information on the Carta platform. Contact your Carta representative to engage separate AML/KYC services for an additional fee.All communications will be on the Carta platform, which will serve as the communication repository for communications like capital calls, distributions, quarterly and annual reports, investor update letters, tax documents, etc. Carta will assist with providing you answers to LP questions related to fund information on the Carta platform. Carta will not communicate with LPs directly.  You will provide(1):Fully executed Operating Agreements with list of commitments and carry percentage by memberFully executed subscription packets* Fully executed side letters (if applicable)Investor W-8s, W-9s, and up to date contact information* Information about disregarded entities*With Carta’s Closings feature, you can manage, close, and share subscription packets with your investors. To discuss any services that are outside of the scope addressed above, please talk to your Carta representative.For GP entity administration, please see the scope of services here.   (1) Additional documentation or information may be required by Carta as circumstances warrant. Client’s failure to meet required timelines for documentation may result in delay of delivery by Carta of any deliverables reliant on such client inputs. (2) Excluding federal holidays and office closures. Carta’s general hours of operations can be found here. All notices received after the listed closing time shall be deemed received on the next business day.   DISCLOSURE: This communication is being sent on behalf of eShares, Inc. dba Carta, Inc. (“Carta”) and its affiliates. Certain transactional fees may apply. 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. Carta does not assume any liability for reliance on the information provided herein. (1,465 words)
- [Scope of Services: Carta Registrar and Transfer Agent (Cayman Islands) | support.carta.com](/content/support/kb/guide/en/scope-of-services-carta-registrar-and-transfer-agent-cayman-islands-k1sln4pvdc/steps/3724981/index.html): Scope of Services: Carta Registrar and Transfer Agent (Cayman Islands)I. Types of Funds SupportedStructuresCarta will only support the following fund structures and selections:Cayman LP/GP fund structureSectors and StrategiesCarta will provide support for varied fund sectors and strategies, such as:Close-ended Private FundVenture Capital (growth strategy) This service is subject to confirmation of the fund’s current anti-money laundering (AML) procedures and personnel.For support of additional sectors and strategies, please talk to your Carta representative.II. Registrar and Transfer Agent Services Carta will:Maintain the register of members/limited partnersPerform AML procedures with respect to Investors and prospective Investors (following reasonable notice to Carta) as set forth on Scope of Services: Due Diligence - Cayman Based Funds (US)²Enter on the register every allotment, issue, transfer, conversion, redemption and/or purchase of interests along with the names and addresses of each Investor and the number of interests in each class held by such InvestorMake the Register available for inspection and supply copies of the Register, in accordance with the instructions from authorized persons of the FundDuring Carta's business hours: Permit the auditor, the NAV calculator services provider (if applicable), and any duly appointed agent or representative of the Fund to inspect the Register and any other Fund Records required by this engagement to be kept by CartaYou will¹: Provide Carta with the following necessary information, either through your current RTA or auditor:Completed and fully-executed copies of Subscription Documents for all PartnersVerified list of Partners with commitment details and ending capital balances as of the most recent reporting periodA  reliance letter from the current third party RTA (or auditor) confirming the list of Partners with commitment details and ending capital balances as of the most recent reporting period is correct You must also:Instruct new Partners to submit completed Subscription Documents directly to Carta¹Additional documentation or information may be required as circumstances warrant²Located at https://support.carta.com/kb/guide/en/scope-of-services-us-due-diligence-cayman-based-funds-Agx3R28jY3/Steps/3724982DISCLOSURE: This communication is being sent on behalf of Carta Investor Services, Inc. (“Carta”), an affiliate of eShares, Inc. dba Carta, Inc. Certain transactional fees may apply. 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. Carta does not assume any liability for reliance on the information provided herein. (406 words)
- [Scope of Services: Carta Fund Formation (Luxembourg) | support.carta.com](/content/support/kb/guide/en/scope-of-services-carta-fund-formation-luxembourg-cp22sboujy/steps/3724625/index.html): Scope of Services: Carta Fund Formation (Luxembourg)Type of fund structure and regulation Luxembourg Venture Capital Fund, structured as a Luxembourg Special Limited Partnership (société en commandite spéciale), qualifying as an alternative investment fund (fonds d'investissement alternatif) within the meaning of the Alternative Investment Fund Managers  Law (AIFM Law).   This product requires a Luxembourg registered sub-threshold alternative investment fund manager (Gestionnaire de Fonds d'Investissement Alternatifs), which also acts as the resident partnership manager (gérant) of the fund (the General Partner). You are responsible for the structuring and running of the General Partner  yourself. However, Carta will assist you through its local Luxembourg partner if you have contracted for General Partner set-up. Fund sectors, strategies and investors  Portfolio investments made by the fund must comply with Carta’s compliance requirements. Carta will provide support for varied fund sectors and strategies, yet limitations are:  No PE-style investments, only direct investments in early-stage private companiesNo Crypto-related investmentsNo Fund of FundsNo Fund FeedersNo private debtFor queries on specific sectors or strategies, please talk to your Carta representative. This structure does not allow marketing or pre-marketing (as defined in AIFM Law) nor under the passport regime.Only eligible counterparties, professional investors or investors that opt up to professional investors may invest in the fund. AIFM Law restricts investment by retail investors.  Fund formation services The scope of service that will be provided by Carta is as follows: Entity formation of a Luxembourg Venture Capital Fund (structured as a Luxembourg Special Limited Partnership),  to be used as the fund entity.  Provision of fund-related and fund entity-level documentation, as listed below;Incorporation FormsLimited Partnership Agreement Private Placement Memorandum Subscription Agreement These documents are made available on the Carta platform (1), along with Carta’s fund formation questionnaire which allows you to make commercial elections for the fund that will be reflected within the documents.  These elections can be changed throughout the fund formation process and will automatically update into the documents until execution. Where you want to customize any of these documents outside of the commercial elections available, you will first need approval from your Carta representative and may be instructed to seek independent legal advice (2).  Carta will ensure any custom changes  you are seeking do not impact Carta’s ability to provide Fund Administration Services. Once your amendments are in final form, Carta will reflect those changes in your fund documentation. Carta will not provide the following types of documents: (3)Side LettersTransfer Agreements for Warehoused Investments Employment Letters Amendments Closings  Closings must be executed on the Carta dashboard using our subscription documents and investor questionnaire. The Carta dashboard allows you to invite LPs to create a Carta account to complete closing steps. You are responsible for tracking LPs as they execute on subscription agreements. You are responsible for maintaining your, your fund’s and related entities’ compliance with all applicable laws, rules, and regulations when accepting LPs into your fund and tracking LPs as they execute on subscription documents. Bank accounts If you wish, we will set up your bank account, the cost of which is included in the formation fee. To discuss any services that are outside of the scope addressed above, please talk to your Carta representative.   (1)  The Carta platform means the online dashboard(s) made available to you by us and its/their related digital applications. (2) Additional documentation or information may be required by Carta as circumstances warrant.  (3) Talk to your Carta representative for legal partner referrals to help with the listed documents. DISCLOSURE: This communication is being sent on behalf of eShares, Inc. dba Carta, Inc. and its affiliates (“Carta”). Certain transactional fees may apply. 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. Carta does not assume any liability for reliance on the information provided herein. (538 words)
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- [Scope of Services: Carta European CIV Entity Administration | support.carta.com](/content/support/kb/guide/en/scope-of-services-carta-european-civ-entity-administration-2vossacva7/steps/3868917/index.html): Scope of Services: Carta European CIV Entity AdministrationPer annum pricing will be determined based on your individual Carried Interest Vehicle (CIV) entity structure, needs, and complexities.I. Accounting Services IFRS / UK GAAP / Lux GAAP ReportingThe following year-end reports will be produced annually by Carta for the CIV entity:Balance SheetStatement of OperationsCarta system-generated financial reports will be made available in the Carta platform.Books and RecordsCarta will update and maintain the accounting books and records for the CIV entity. You will have easy, read-only access to review the books and records. For the CIV Entity, Carta will:Maintain annual accounting books and records, if neededGrant read-only access on the Carta platform for review of books and records, including the balance sheet, income statement, and general ledgerConduct capital transaction tracking by member Provide annual cash reconciliationProvide valuation updates per fund statement*Provide annual invoice paymentsNecessary documents or information you will provide Carta(1):  Vesting schedules for CIV members (2)Executed copy of the CIV entity’s W-9, W-8, or AEOIExecuted copy of the CIV entity’s constitutional documents (2)* Reporting will not be provided on a look-through basis.Year-end Filings and Tax Carta does not provide year-end filing or tax services for CIV entities.You will:Coordinate with your selected tax provider to file for an extension, as necessaryComplete any reporting or regulatory filings. Such filings or reporting will not be completed by Carta unless otherwise agreed.To discuss any services that are outside of the scope addressed above, please talk to your Carta representative. (1) Additional documentation or information may be required by Carta as circumstances warrant. (2) If you have purchased Fund Formation Services with Fund Administration, Carta will provide vesting schedules for CIV members and an executed copy of the CIV Entity’s constitutional documents. DISCLOSURE: This communication is being sent on behalf of Carta Investor Services, Inc. (“Carta”), an affiliate of eShares, Inc. dba Carta, Inc. Certain transactional fees may apply. 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. Carta does not assume any liability for reliance on the information provided herein. (307 words)
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- [GP carry tracking | Building the ERP for Private Capital](/content/sg/en/explore-erp/private-equity/gp-carry-tracking/index-2.html): GP Carry Tracking links your fund and GP entity in one system of record, updating vested percentages automatically and calculating carry against fund performance so capital account statements stay accurate. (325 words)
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- [The Carta liquidity report: Q3 2022 | Carta](/content/sg/en/data/liquidity-report-q3-2022/index-2.html): Q3 saw a decline in secondary liquidity across sectors. Our Q3 liquidity report includes analysis of trends in seller participation, transaction volume by stage and sector, and more. (712 words)
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- [Carta pushes SBA to bolster fund managers and innovators](/content/sg/en/policy/policy-weekly-04-04-25/index-2.html): Also: Tariffs set off turmoil across markets; Carta urges SBA to bolster fund managers in congressional testimony
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- [2026 PE Executive Equity Report](/content/sg/en/data/pe-executive-equity-2026/index-2.html): How do PE-backed portfolio companies use their equity as a tool to attract and retain talent? Dig into our full breakdown of ESOPs, equity types, vesting schedules, performance conditions, and more. (721 words)
- [23andMe CEO Anne Wojcicki’s tactics for disrupting an industry | Carta](/content/sg/en/blog/23andme-ceo-anne-wojcicki-carta-equity-summit/index-2.html): At the 2021 Carta Equity Summit, Anne Wojcicki chatted with Sonal Chokshi about the best leadership lessons she’s learned since co-founding 23andMe in 2006. (1,584 words)
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- [Solo Founders Report 2025](/content/sg/en/data/solo-founders-report/index-2.html): Carta partnered with Solo Founders to provide a comprehensive understanding of the state of solo founders in 2025, based on data from tens of thousands of U.S. companies plus qualitative interviews with founders.
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- [Resources for QSBS: Save Up to Millions in Capital Gains Tax](/content/sg/en/learn/collections/qsbs/index-2.html): Learn how Carta helps founders, employees, and investors maintain and document QSBS eligibility. Potentially exclude millions in gains from federal taxes.,  (497 words)
- [Limited Liability Companies (LLC) Collection | Carta](/content/sg/en/learn/collections/llc/index-2.html): Explore expert-written articles, guides, and tools to help you form a limited liability company, fundraise, navigate taxes, manage equity, and everything in between. (371 words)
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- [Visual accounting | Building the ERP for Private Capital](/content/sg/en/explore-erp/private-equity/index-2.html): Carta's new homepage is the operational command center for your funds, investments, legal entities, and LPs — a single live view to track portfolio performance, map firm-wide interdependencies, and act on fund administration workflows. (443 words)
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- [Visual accounting | Building the ERP for Private Capital](/content/sg/en/explore-erp/venture-capital/index-2.html): Carta's new homepage is the operational command center for your funds, investments, legal entities, and LPs — a single live view to track portfolio performance, map firm-wide interdependencies, and act on fund administration workflows. (416 words)
- [Carta’s Private Markets Report - Q2 2020 | Carta](/content/sg/en/data/cartas-private-markets-report-q2-2020/index-2.html): Carta’s data provides insight into private equity and venture capital. In our Q2 2020 private markets report, we examine COVID's impact on private markets. (818 words)
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- [Startup Fundraising 101 - Section 1: Fundraising Basics | Carta](/content/sg/en/learn/startup-fundraising-101/1/index.html): Welcome to the world of startup fundraising. In this section, you'll learn the different types of pre-seed funding, the investors you'll meet, and the importance of product-market fit. (328 words)
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- [State of Startup Compensation: H2 2025 | Carta](/content/sg/en/data/startup-compensation-h2-2025/index-2.html): AI is reshaping how founders build and compensate their teams. Smaller teams are proliferating. Since ChatGPT launched in November 2022, overall hiring has slowed, departures have fallen, and net headcount growth has flattened. (1,110 words)
- [Best Cap Table Software for 2026 | Buying Guide](/content/sg/en/best-cap-table-software/index-2.html): Manage equity with ease using the best cap table software for 2026. Compare features, pricing, and benefits of top solutions like Carta, Pulley, and more to find the best fit for your company’s growth and compliance needs., , ,  (718 words)
- [$226B Secondaries Boom Highlights LPs’ Needs for Better Data](/content/sg/en/blog/secondaries-surge-lp-data-needs/index-2.html): With secondaries volume reaching an estimated $226 billion in 2025, private market investors face mounting complexity. Only modern data infrastructure can provide the accuracy and transparency LPs need to underwrite high-stakes deals. (873 words)
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- [Startup Fundraising 101 - Section 2: Early-Stage Deal Mechanics | Carta](/content/sg/en/learn/startup-fundraising-101/2/index-2.html): Startup fundraising is so much more than putting money in your bank account. Get to know the contracts you’ll encounter in pre-seed funding—SAFEs and convertible notes. We’ll also cover the importance of valuation caps and dilution. (345 words)
- [Startup Fundraising 101 - Section 3: The Pitch Deck and Funnel Process | Carta](/content/sg/en/learn/startup-fundraising-101/3/index-2.html): You’ve learned the basics of startup fundraising and early-stage deal mechanics; now it’s time to get funded. We’ll walk you through creating a compelling pitch deck step-by-step and help you build a fundraising funnel for an efficient round. (353 words)
- [Stock Option Plan Templates](/content/sg/en/learn/resources/stock-option-plan-template/index-2.html): Develop your employee equity strategy and simplify the exercise process with Carta's free stock option plan templates, covering ISOs, NSOs, and RSUs. (133 words)
- [Policy Insights : Accredited investor criteria | Carta](/content/sg/en/policy/policy-insights-07-09-24/index-2.html): Policies meant to protect investors have had the unintended consequence of concentrating the gains of private asset classes—including venture capital—in wealthy areas. (684 words)
- [How to manage a sidecar investment vehicle](/content/sg/en/learn/private-funds/structures/sidecar-vehicle/index-2.html): Understand what a sidecar investment vehicle is, how to use one to pursue high-conviction deals, and what it takes to manage its lifecycle, economics, and compliance. (860 words)
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- [How to file an EMI annual return with HMRC](/content/sg/en/learn/startups/equity-management/emi-schemes/emi-annual-return/index-2.html): Learn how to file an EMI annual return. U.K. companies must file an EMI return to HMRC by July 6 to report share-related events from the previous tax year. (1,050 words)
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- [Automated, investor-ready tear sheets](/content/sg/en/product-updates/tear-sheet-builder/index-2.html): Build, preview, and export portfolio company tearsheets with a few clicks, reducing the production timeline from days or hours to just minutes.,  (333 words)
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- [How to sell your shares | Equity 101 Course](/content/sg/en/equity/learn/selling-shares/index-2.html): This video explains the different ways you can sell your shares of stock in a private company, and what to consider before you make the decision. (1,161 words)
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- [What is Scenario Modeling? | Carta](/content/sg/en/blog/scenario-modeling/index-2.html): Private companies today have more financing and liquidity options than ever. With the option to stay private longer or go public on a growing number of exchanges, it can be hard for companies and their investors to figure out which exit or funding scenario is best for them. So, we built scenario modeling tools on Carta that show you the impact of future financing rounds or possible exits in seconds. (668 words)
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- [HR leaders grapple with the startup equity gap | Carta](/content/sg/en/data/hr-leaders-navigating-startup-equity-gap/index-2.html): A look at why the data on equity compensation isn’t so equitable—and how equity could help bridge the wealth gap. (1,340 words)
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- [Private stock picking | Carta](/content/sg/en/blog/private-stock-picking-liquidity-job-employee/index-2.html): Carta CEO Henry Ward discusses why choosing a job is like picking a stock and what employees should look for in a company. (636 words)
- [State of Startup Compensation: H1 2025](/content/sg/en/data/startup-compensation-h1-2025/index-2.html): In the first half of 2025, startup salaries have risen—especially for legal, product, and AI roles— while equity packages remain static. Hiring has slowed in most sectors except hardware, as companies focus on leaner teams and more strategic growth. (1,076 words)
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- [Carta in Waterloo | Carta](/content/sg/en/blog/carta-in-waterloo/index-2.html): Carta is opening an R&D office in Waterloo, Canada. (391 words)
- [Seed-Stage Valuations in 2022 | Carta](/content/sg/en/data/seed-valuations-2022/index-2.html): Carta data shows median valuations for seed-stage startups were steady in 2022. For SaaS, hardware, healthcare, and fintech, valuations varied. (372 words)
- [Automated deal pro forma modeling for lawyers & founders | Carta](/content/sg/en/product-updates/automated-deal-pro-forma/index-2.html): Carta’s deal pro forma round modeling tool automatically generates cap table projections for deals within minutes, not hours. (618 words)
- [Common Employee Stock Option Tax Questions](/content/sg/en/learn/startups/compensation/employee-equity/employee-questions/index-2.html): Learn how to think about answering questions about stock options and taxes—and when you should direct employees to a third-party Equity Tax Advisor. (1,065 words)
- [How to Operate a Successful Angel Network | Carta APAC](/content/sg/en/learn/private-funds/structures/spv/angel-network/index-2.html): From just a handful of investor networks on the continent in the late 90s to a market that today sees more than 2,000 angel groups and 450,000 investors, the space is hotter than never.  (447 words)
- [SEC’s Private Fund Adviser Rules | Carta](/content/sg/en/learn/private-funds/regulations/private-fund-adviser-rules/index-2.html): SEC’s Private Fund Adviser rules put new restrictions and requirements on registered investment advisers and exempt reporting advisers—including VC fund managers. (952 words)
- [Inside the late-stage lull | Carta](/content/sg/en/data/late-stage-lull-2024/index-2.html): At Series D and later, VC deal activity slowed down in Q1 2024. There are reasons for the decline on both sides of the negotiating table. (1,055 words)
- [Understanding the Federal Estate and Gift Taxes for Equity](/content/sg/en/learn/equity/stock-options/taxes/estate-gift/index-2.html): At Carta, we offer gift and estate tax appraisals. Learn everything you need to know about federal estate taxes and gift taxes when you transfer equity. (1,427 words)
- [The Australian Startup Outlook 2026 | Free Data Report](/content/sg/en/data/australian-startup-outlook-2026/index-2.html): A survey of 500 senior decision-makers at Australian startups reveals that 96% of founders remain committed to an IPO, eyeing dual listings and international exchanges as they prioritize governance and long-term optionality over immediate liquidity. (529 words)
- [RADAR and Carta: Empowering Equity Ownership with QSBS and Early Exercise](/content/sg/en/customer-stories/radar/index-2.html): RADAR, which powers location infrastructure for products and services, uses Carta for cap table management, 409A valuations, and compensation benchmarking.  (564 words)
- [Henry Ward on Twenty Minute VC](/content/sg/en/blog/twenty-minute-vc-henry-ward/index-2.html): Two years ago, Harry Stebbings invited our founder and CEO, Henry Ward, on The Twenty Minute VC podcast. We’ve grown a lot since then, and Henry recently joined Harry again to chat about a range of topics. (136 words)
- [Vauban Terms and Conditions | Legal Hub](/content/sg/en/legal/terms-agreements/vauban-terms-conditions-usa/index-2.html): https://www.vauban.io/, https://dashboard.vauban.io/ and https://structurer.vauban.io (each a “site”) are sites operated by Vauban Technologies Limited(“we”). We are a private limited company registered in England and Wales under company number 11128704 and have our registered office at 186 Shoreditch High Street, London, E1 6HU, United Kingdom. (1,047 words)
- [A guide to private credit financing for private companies](/content/sg/en/learn/startups/fundraising/debt-financing/private-credit/index-2.html): Learn all about the different types of private credit financing, and how it differs from other forms of debt financing for companies. (2,598 words)
- [Employee Stock Purchase Plan (ESPP): How ESPPs Work](/content/sg/en/learn/equity/espp/index-2.html): An employee stock purchase plan, or ESPP, is a program public companies can offer that allows you to buy shares of your company’s stock. Learn more. (791 words)
- [Why Carta supports the QSBS exclusion to protect startups | Carta](/content/sg/en/policy/coalition-qsbs-exclusion/index-2.html): The proposed change to the QSBS exclusion would diminish employee ownership in small businesses. (867 words)
- [Extracting Insights from Fund Financial Statements: A Practical Guide](/content/blog/data-extraction-fund-financial-statements/index-2.html): Learn how to automate data extraction and analysis for fund financial statements, giving you actionable insights to support investment decisions and portfolio growth. (1,696 words)
- [uk/en/blog/change-agents-briefing/index-2.html](/content/uk/en/blog/change-agents-briefing/index-2.html) (3,657 words)
- [QSBS Stacking & Packing Benefits for Founders at Exit](/content/sg/en/learn/startups/tax-planning/qsbs/stacking-packing/index-2.html): QSBS stacking and packing strategies increase tax exclusion by multiplying shareholders and raising cost basis through gifting, trusts and entity conversions. (805 words)
- [Fund Operations Payment Terms and Conditions | Legal Hub](/content/sg/en/legal/terms-agreements/fund-operations-payment-terms-conditions/index-2.html): These Fund Operations Payment Terms and Conditions (the “Payment Terms” or “Agreement”) between you and eShares, Inc. DBA Carta, Inc. and its current or future affiliates or subsidiaries (collectively, “Carta”) apply to your use of Carta’s Fund Administration or Loan Operations products or services in connection with the payment transaction types described herein. (8,353 words)
- [Single-Trigger vs Double-Trigger RSUs: Key Differences](/content/sg/en/learn/equity/rsu/single-trigger-vs-double-trigger/index-2.html): A double-trigger RSU structure is common, but single-trigger RSUs can have more benefits for employees of late-stage private companies. Learn more. (1,322 words)
- [How Mezcalum Leverages Carta and QSBS to Reduce Capital Gains Taxes for Shareholders](/content/sg/en/customer-stories/mezcalum/index-2.html): Alcoholic beverage startup Mezcalum used Carta’s guidance to tap into a lesser-known tax strategy benefiting its investors, founders, and employees.  (655 words)
- [83(b) Elections for Founders | Carta](/content/sg/en/product-updates/founders-83b/index-2.html): Founders on Carta’s can now more easily file an 83(b) election, a tax filing that moves up the timing of tax liability to the grant date of equity issuance. (375 words)
- [Startup Pitch Deck Template | Carta](/content/sg/en/learn/resources/startup-pitch-deck-template/index-2.html): For a template of what founders typically include in their fundraising deck, download our startup pitch deck template. (53 words)
- [Bridge Round: What Is It & How Does It Work?](/content/sg/en/learn/startups/fundraising/bridge-rounds/index-2.html): A bridge round is extra money a company raises between priced rounds from its existing investors. Learn how bridge rounds work and when they’re necessary. (389 words)
- [Luminary Cloud Chooses Carta for Qualified Small Business Stock (QSBS) Attestation Letter and Equity Advisory](/content/sg/en/customer-stories/luminary-cloud/index-2.html): Luminary Cloud was founded to help companies accelerate engineering cycles for faster insights. As the company scaled, it wanted to help prospective and current employees understand how its equity compensation plan had a potential upside that bigger companies couldn’t match. (578 words)
- [QSBS: Protected, and expanded](/content/sg/en/policy/policy-weekly-06-03-25/index-2.html): Long and patient policy engagement pays off, as tax benefits open up for more investors and companies and R&D expensing turns more favorable for private capital markets as part of new budget bill. (639 words)
- [What is Dry Powder in Private Equity and Venture Capital?](/content/sg/en/learn/private-funds/management/portfolio-management/dry-powder/index.html): Learn about dry powder in venture capital and private equity firms, covering how to strategically manage this key metric from initial LP commitment through final deployment. (1,235 words)
- [Fund Formation Collection | Carta](/content/sg/en/learn/collections/fund-formation/index-2.html): Starting a VC firm is a complex process. Leverage our free resources as you build your first fund. (386 words)
- [Suspicious Activity Reports (SARs): A Guide for Fund Compliance](/content/sg/en/learn/private-funds/regulations/compliance/sar/index-2.html): Learn what SARs are, when you need to file one, what to include in it, and how to build SAR procedures into your fund’s compliance workflow. (3,001 words)
- [What is equity management? How to manage your company's ownership](/content/uk/en/learn/startups/equity-management/index-2.html): As your company grows, equity management can get complex. This comprehensive guide explains the basics of equity management and why it is essential for startup success. (779 words)
- [Bridging the Infrastructure Gap in Private Capital | Whitepaper](/content/sg/en/learn/resources/private-capital-infrastructure-gap/index.html): Get practical insights into how modern fund managers are gaining control, boosting efficiency, and delivering high-quality client service – without compromise. (363 words)
- [Australia Private Fund Regulatory Playbook | Carta](/content/sg/en/learn/resources/australia-private-fund-regulatory-playbook/index-2.html): This playbook is designed to help venture capital and private equity firms stay up to speed with Australia’s current regulatory framework and compliance priorities, covering fund structures, management, and tax considerations. (155 words)
- [Salary Benchmarking for Startups: How To Offer Competitive Compensation](/content/sg/en/learn/startups/compensation/benchmarking/index-2.html): Learn how salary benchmarking helps startups attract and retain talent by setting fair, competitive compensation. This guide covers key factors, implementation strategies, and solutions for effective salary and equity planning. (1,102 words)
- [QSBS Eligibility Guide | Carta](/content/sg/en/learn/resources/qsbs-eligibility-guide/index-2.html): Download Carta’s free QSBS eligibility guide to learn how to protect your QSBS tax break, avoid common pitfalls, and maximize potential capital gains savings on share sales. (103 words)
- [Founder’s Guide to QSBS | Carta](/content/sg/en/learn/resources/founders-guide-qsbs/index.html): Download our free founder’s guide to QSBS. Learn how to qualify, document, and maintain QSBS status so you, your team, and investors can maximize tax savings on share sales. (341 words)
- [Understanding a 409A Valuation Report (Free Example)](/content/sg/en/learn/startups/equity-management/409a-valuation/report/index-2.html): Everything you need to know about reading a 409A valuation report. We walk you through what to look for and offer a sample report for review. Learn more. (601 words)
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- [What is a Cap Table? Key Concepts & Examples](/content/uk/en/learn/startups/equity-management/cap-table/index-2.html): This guide explains everything you need to know about cap tables, from building your first one to managing company ownership as you prepare for fundraising and growth. (883 words)
- [The Carta 409A Valuation Process | Carta](/content/sg/en/product-updates/the-carta-409a-valuation-process/index-2.html): In this post, we fully detail the Carta 409A valuation process from initial request to an audit-defensible final report. (455 words)
- [UK Company Registers & Company Filings](/content/sg/en/learn/startups/uk-company-registers-filings/index-2.html): 
To be legally compliant, UK limited companies need to maintain a range of company registers. This article covers everything you need to know about keeping accurate records – including when to notify Companies House of any ownership changes. (971 words)
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- [State of Private Markets, Q3 2023 | Carta](/content/sg/en/data/state-of-private-markets-q3-2023/index-2.html): The downturn that has defined the venture capital industry for much of the past two years continued in the third quarter of 2023. (1,202 words)
- [A Better Job Offer Letter Template [Free Download]](/content/sg/en/learn/startups/compensation/offer-letter/index-2.html): At Carta, we think offer letters are a great place to educate employees about startup equity. See ours and download our job offer letter template for free. (514 words)
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- [VC 101 - Learn | Carta Classroom](/content/sg/en/learn/vc-101/1/index-2.html): VC 101 is your guide through the complicated venture capital landscape, making the hard stuff feel easy, giving you a better understanding of VC, and a foundation to help you build your own fund. (560 words)
- [Pre-Seed Fundraising: Fresh Data from Q2 2024](/content/sg/en/events/fresh-data-from-24q2/index-2.html): Carta's Peter Walker joins Antler and Hustle Fund to break down Q2 2024 SAFE and Note data, covering valuation caps, raise amounts, and terms., Host the world live on your website. (279 words)
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- [Founders Guide to Board Management](/content/sg/en/events/founders-board-management-2024/index-2.html): Carta CEO Henry Ward, Edward Norton of Zeck, and Katie Jacobs Stanton of Moxxie Ventures share tips on board composition and communication for founders., Host the world live on your website. (346 words)
- [GP Secrets: Fundraising & Investing in the Middle East & Asia Pacific](/content/sg/en/events/cross-regional-fund-strategies/index-2.html): Fund managers from APAC and the Middle East share strategies for fundraising, investing, and expanding into these fast-growing venture markets., Host the world live on your website. (323 words)
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- [[Bonus Event] Startup Fundraising 101: Close Your Priced Round with Confidence](/content/sg/en/events/fundraising-101-priced-round/index.html): Carta and startup leaders explain how to model SAFE conversions, collaborate with legal teams, and close a priced funding round on time and confidently., Host the world live on your website. (415 words)
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- [Exits that Win: What Works, What Doesn’t, and How Fund Managers Quarterback Exits](/content/sg/en/events/exits-that-win/index-2.html): Carta's panel of M&A and exit-readiness experts covers timing exits, key pre-exit metrics, due diligence prep, and choosing between M&A and IPO paths for fund managers., Host the world live on your website. (348 words)
- [The Startup Guide to UK Fundraising: EIS and SEIS](/content/sg/en/events/uk-fundraising-eis-seis/index-2.html): A panel explains the UK's SEIS and EIS investment schemes, covering pre-seed and seed round sizes, fundraising tips, and raising funding with Carta., Host the world live on your website. (279 words)
- [State of Pre-Seed: Q3 2024](/content/sg/en/data/state-of-pre-seed-q3-2024/index-2.html): See the latest pre-seed data on deal sizes, management fees, valuation caps, a breakdown of SAFEs compared to convertible notes, and a map of the states where the most pre-seed activity takes place. 
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- [Q4 2025 VC Fund Performance](/content/sg/en/data/vc-fund-performance-q4-2025/index-2.html): How are the last eight years of venture capital funds performing so far? This report highlights the latest Carta data on several of the industry’s most closely watched metrics, including IRR, TVPI, DPI, LP check sizes, and more.  (1,031 words)
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- [Luxembourg Fund Administration Payment Terms and Conditions | Legal Hub](/content/sg/en/legal/terms-agreements/luxembourg-fund-administration-payment-terms-conditions-2.html): The Luxembourg Fund Administration Payment Terms and Conditions apply to your use of Carta’s Fund Administration products or services in connection with the payment transaction types described. (4,205 words)
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- [Startup Fundraising 101: Post-funding Success](/content/sg/en/events/fundraising-101-post-funding/index-2.html): Carta's Natasha Arora and leaders from Cowboy Ventures, Vouch, and Nile close out the Fundraising 101 series with tips for succeeding after funding., Host the world live on your website. (105 words)
- [How Legalist Scales Private Credit Investments with Carta’s Unified Fund Administration](/content/sg/en/customer-stories/legalist/index-2.html): Legalist is a San Francisco-based, SEC-registered investment advisor specializing in private credit for litigation financing, debtor and possession, and government receivables. (841 words)
- [Policy Outlook 2025: Implications for the Private Capital Ecosystem](/content/sg/en/events/policy-outlook-2025/index-2.html): TechNet's Carl Holshouser and Carta's Policy Team discuss the new administration's 2025 policy agenda and its impact on venture capital and startups., Host the world live on your website. (356 words)
- [VC Masterclass: Designing a Fund Thesis](/content/sg/en/events/vc-masterclass-fund-thesis/index-2.html): This VC Masterclass session explains how venture investors design and communicate their fund's investment thesis., Host the world live on your website. (125 words)
- [Deep Dive: European Data Insights](/content/sg/en/events/deep-dive-eu-data-insights/index-2.html): Carta and industry experts explore European venture capital trends, including early-stage deal dynamics, later-stage capital flows, and lessons from the US market., Host the world live on your website. (255 words)
- [2024 Fund Performance Data: A European Perspective](/content/sg/en/events/fund-performance-eu-2024/index.html): A data-driven look at European VC fund performance, covering capital deployment pace, seed-to-Series-A graduation rates, and LP distributions., Host the world live on your website. (325 words)
- [What’s New, What’s Next: Carta Fund Admin in Q1 (2025)](/content/sg/en/events/fund-admin-25q1/index-2.html): Carta product managers recap Q1 fund admin releases, including a document repository, Ramp integration, and tax improvements, plus a Q2 roadmap preview., Host the world live on your website. (331 words)
- [The Lifecycle of a Private Equity Deal with Weil](/content/sg/en/events/pe-deal-lifecycle-weil/index-2.html): Weil, Gotshal & Manges attorneys break down the private equity acquisition process, deal structures, key agreements, and management equity arrangements., Host the world live on your website. (75 words)
- [Healthcare and Life Sciences: Growth and Funding Insights](/content/sg/en/events/hcls-insights/index.html): Symphonic Capital's Sydney Thomas and Carta's Hamza Shad cover fundraising, valuation, hiring, and compensation trends for healthcare and life sciences startups., Host the world live on your website. (309 words)
- [Singapore The Global Hub: 2025 Regulatory and Tax Changes for Fund Managers](/content/sg/en/events/singapore-2025-regulatory-tax/index-2.html): Tax, audit, and legal experts break down Singapore's 2025 regulatory and tax changes for fund managers, and how to navigate compliance risks., Host the world live on your website. (291 words)
- [Best Practices: Planning for a Successful Year End](/content/sg/en/events/uk-year-end-planning/index-2.html): Carta, BDO, RSM, and Future Business Partnership share internal prep strategies for a smooth, stress-free year-end audit and tax season for funds., Host the world live on your website. (320 words)
- [The Leader in Cap Table Management Software | Carta Europe](/content/uk/en/equity-management/cap-table/index-2.html): Manage your cap table and issue securities with Carta. Carta's real-time capitalization table software is trusted by over 50,000 private companies and startups. (424 words)
- [Fund Forecasting Demo](/content/sg/en/events/fund-forecasting-demo/index.html): Carta CEO Henry Ward and Anubhav Srivastava demo Carta Fund Forecasting (formerly Tactyc), a platform for building venture fund models with real benchmark data., Host the world live on your website. (325 words)
- [Carta’s Next Evolution—An ERP for Private Capital](/content/sg/en/blog/erp/index-2.html): Private capital runs on spreadsheets and disconnected systems—but it doesn’t have to. Learn how Carta is building the first network ERP for private capital. (422 words)
- [Request a demo | Carta Private Credit](/content/sg/en/demo/private-credit/index-2.html): Request a demo of Carta's Private Credit solutions. (79 words)
- [Essential Tools for Startup Success: Elevate Your Compensation Strategy](/content/sg/en/events/essential-tools-compensation-strategy/index-2.html): Rippling's Darcy Mackay and Carta's Josh Steinfeld share 2025 hiring outlook and compensation planning strategies, including how to use market data., Host the world live on your website. (329 words)
- [Shaping the Future of Venture Capital: Women in VC (Replay)](/content/sg/en/events/women-in-vc-replay/index-2.html): Women in VC from VamosVentures, Global Ventures, and Carta share their career journeys, lessons learned, and perspectives on the VC industry's future., Host the world live on your website. (197 words)
- [Transfer LLC Ownership: Guide to Partial & Full Transfers](/content/sg/en/learn/startups/private-companies/llc/transfer-ownership/index-2.html): Learn how it works when a member wants to transfer LLC ownership, including guidelines for how to conduct partial and full transfers. (1,166 words)
- [Tax Season Recap & What’s Next for Startup Taxes](/content/sg/en/events/2025-tax-season/index-2.html): Carta's tax experts recap the 2025 tax season, covering common startup mistakes, upcoming policy changes, and how QSBS supports founder tax savings., Host the world live on your website. (322 words)
- [Shaping the Future of Venture Capital: Women in VC](/content/sg/en/events/women-in-vc/index-2.html): VamosVentures' Ashley Ryder, Global Ventures' Medea Nocentini, and Carta's Megan Greer share career lessons and views on the future of venture capital., Host the world live on your website. (202 words)
- [Unlock Firm Insights and Clarity with Carta’s Data Warehouse](/content/sg/en/events/carta-data-warehouse/index-2.html): Carta CEO Henry Ward and Product Manager Annette Faynburd introduce the Data Warehouse, giving CFOs and GPs no-code querying and benchmarking tools., Host the world live on your website. (297 words)
- [IPO Readiness Checklist | Free Guide](/content/learn/resources/ipo-readiness-checklist/index.html): Carta's six-month IPO checklist provides a structured transition plan for going public. Find out which documents and reports to prepare, how to work with auditors and transfer agents, and how Carta streamlines the IPO process. (325 words)
- [Fund Forecasting Live Demo: How to Make Data-Driven Fund Decisions](/content/sg/en/events/data-driven-decisions-fund-forecasting/index-2.html): Carta's Fund Forecasting tool integrates real-time cap table and fund admin data into dynamic models, with a live demo and insights from Active Impact Investments., Host the world live on your website. (319 words)
- [Insights from Carta's 2024 State of Compensation Report](/content/sg/en/events/state-of-compensation-2025/index-2.html): Carta's FY 2024 State of Compensation Report reveals trends in hiring, company composition, geographic pay differences, and executive compensation., Host the world live on your website. (283 words)
- [Non-Qualified Stock Options (NSO): How NSOs Work](/content/sg/en/learn/equity/stock-options/nso/index-2.html): Non-qualified stock options (NSOs) are a type of equity compensation that does not qualify for favorable tax treatment. Learn about NSOs and how they work. (1,075 words)
- [Founder’s Journey 101: Laying the Groundwork](/content/sg/en/events/founders-journey-101-groundwork/index-2.html): Founders Joe Carney and Robert Wolfe cover early-stage decisions from pre-seed to Series A, including product-market fit, fundraising, and investor relations., Host the world live on your website. (227 words)
- [AI by Carta: Superior Intelligence for Private Capital](/content/sg/en/ai/index-2.html): "AI-powered" means nothing without a foundation of world-leading data. Carta's AI connects over a decade of rich private capital data and logic. Learn more. (418 words)
- [Election 2024: Policy Implications for the Private Market Ecosystem](/content/sg/en/events/24election-policy-implications/index-2.html): Carta's Policy Team discusses how the 2024 election results could reshape tax reform, capital markets regulation, and policy for funds and startups., Host the world live on your website. (289 words)
- [2024 Venture Capital Review: Insights and Implications for the Coming Year](/content/sg/en/events/2024-pm-review/index-2.html): Harlem Capital's Nicole DeTommaso and Carta's Ashley Neville reflect on 2024 startup fundraising, valuations, and dilution trends from seed through Series F., Host the world live on your website. (251 words)
- [Fund Tax Complexity: What Your Fund Structure Actually Requires](/content/sg/en/blog/fund-tax-complexity/index-2.html): Is fund complexity driving your tax strategy? Learn how aligning fund administration with tax operations reduces compliance risk, streamlines reconciliation, and ensures ongoing tax readiness. (1,304 words)
- [What’s New, What’s Next: The Future of Visibility and Control in Fund Accounting](/content/sg/en/events/fund-admin-25-q3/index-2.html): Carta previews new Entity Maps, middle-office automation, and bank integrations aimed at improving visibility and control in fund accounting., Host the world live on your website. (260 words)
- [LLC Funding: How to Fund Your Limited Liability Company](/content/sg/en/learn/startups/private-companies/llc/funding-llc/index-2.html): Learn how fundraising works for limited liability companies, including the differences between funding for LLCs vs. corporations, and what types of investors are available. (1,311 words)
- [State of Private Markets: End of Year Predictions](/content/sg/en/events/sopm-eoy-predictions/index-2.html): Carta's Peter Walker and Ashley Neville review Q3 private market trends, including AI's continued momentum and differences by stage, location, and sector., Host the world live on your website. (231 words)
- [IPO Readiness in 2025: Market Signals, Timing, and Looking Ahead](/content/sg/en/events/ipo-readiness-in-2025/index-2.html): Morgan Stanley and Carta leaders discuss market dynamics shaping IPO strategy in 2025, covering signals, timing, and building flexibility into IPO plans., Host the world live on your website. (287 words)
- [Vauban Terms and Conditions | Legal Hub](/content/sg/en/legal/terms-agreements/vauban-terms-conditions/index-2.html): https://www.vauban.io/, https://dashboard.vauban.io/ and https://structurer.vauban.io (each a “site”) are sites operated by Vauban Technologies Limited(“we”). We are a private limited company registered in England and Wales under company number 11128704 and have our registered office at 186 Shoreditch High Street, London, E1 6HU, United Kingdom. (3,729 words)
- [Ascend Vietnam Ventures Partners with Carta for APAC Fund Admin Solution](/content/sg/en/customer-stories/ascend-vietnam-ventures/index-2.html): Prior to launching venture capital firm Ascend Vietnam Ventures (AVV), General Partners Eddie Thai and Binh Tran launched the Vietnam-focused fund of Silicon Valley-based early-stage investor 500 Startups. (571 words)
- [Looking Forward: A Glimpse into the Future of Fund Waterfall Management](/content/sg/en/events/fund-waterfall-management/index-2.html): A preview of Carta's latest fund waterfall management innovation, exploring the vision and early software connecting private capital workflows., Host the world live on your website. (247 words)
- [Private Equity Portfolio Companies & Funds: Connecting the Dots for the Audit Cycle](/content/sg/en/events/portcos-funds-audit-cycle/index-2.html): Carta and Citrin Cooperman explain how PE funds and portfolio companies align on financial reporting, valuations, and audit processes each cycle., Host the world live on your website. (179 words)
- [VC Fund Performance in 2024](/content/sg/en/events/fund-performance-in-2024/index-2.html): Carta's Peter Walker, Homebrew's Hunter Walk, and Screendoor's Jamie Rhode discuss 2024 VC fund performance data, including IRR, TVPI, and DPI trends., Host the world live on your website. (243 words)
- [How to Construct Your Fund for Long-Term Success](/content/sg/en/events/fund-construction-masterclass/index-2.html): Fund managers from Cambridge Future Tech, Moonfire, AQVC, and Carta share a masterclass on fund construction, scenario planning, and modeling with Fund Forecasting., Host the world live on your website. (344 words)
- [Founder’s Journey 101: Scaling for Impact in Australia](/content/sg/en/events/founders-journey-australia/index-2.html): Growth-stage founders learn how to scale in the Australian market, covering investor metrics, fundraising strategies, hiring, and compliance challenges., Host the world live on your website. (119 words)
- [Smarter Compensation: Retain Talent & Run Lean](/content/sg/en/events/smarter-compensation-2025/index.html): A virtual event on building compensation strategies that retain talent while managing equity, cash burn, and hiring budgets in a cautious market., Host the world live on your website. (348 words)
- [What's New, What's Next: Building Connected Fund Admin](/content/sg/en/events/fund-admin-25-q2/index-2.html): Carta's product team previews new features for streamlining financial operations, carried interest transparency, and portfolio performance visibility., Host the world live on your website. (293 words)
- [How NLVC Manages Funds and Works with LPs in China and the US](/content/sg/en/customer-stories/northern-light-vc/index-2.html): Northern Light Venture Capital has over $4.5 billion under management and is one of the largest venture firms in China.  (1,028 words)
- [PE Executive Equity: Data-Backed Insights](/content/sg/en/events/pe-executive-equity-2025/index-2.html): Carta's Insights team shares findings on executive equity compensation at PE-backed portfolio companies, covering grants, vesting, and performance conditions., Host the world live on your website. (213 words)
- [Tariff Turmoil: Implications for Private Capital](/content/sg/en/events/tariff-implications-private-capital/index.html): Experts from Gilgamesh Ventures, Freshfields, and Carta discuss how tariff policy is reshaping private markets and how funds can navigate the fluid environment., Host the world live on your website. (305 words)
- [Equity 101 Course](/content/sg/en/equity/learn/index-2.html): Learn how to build your wealth through equity ownership. Navigate job offers, understand how the taxes work, and make a plan for your future. (789 words)
- [Founder’s Journey 101: Preparing for a Strategic Exit](/content/sg/en/events/founders-journey-101-exit/index-2.html): Founders and Carta experts discuss liquidity readiness, tax-smart planning, and leadership evolution in the third session of the Founder's Journey series., Host the world live on your website. (151 words)
- [How to Map Your Investment Structures with Carta](/content/sg/en/events/carta-entity-map/index-2.html): Carta's CEO and product team introduce Entity Map, a new visualization tool helping GPs and finance teams track complex fund and entity relationships., Host the world live on your website. (149 words)
- [From Paper to Portfolio: The Executive’s IPO Playbook to Shift from Private‑to‑Public](/content/sg/en/events/executive-ipo-playbook-with-morgan-stanley/index-2.html): Carta and Morgan Stanley experts discuss the executive's IPO playbook, covering tax obligations, 10b5-1 trading plans, and portfolio diversification., Host the world live on your website. (886 words)
- [Driving Operational Speed, Accuracy, and Scale Through Integrated Fund Admin Workflows](/content/sg/en/events/new-standard-fund-admin/index-2.html): Carta and VCFA Group leaders discuss how integrated fund admin workflows are driving operational speed, accuracy, and scale for fund managers., Host the world live on your website. (333 words)
- [PE Compensation Series with Davis Polk & Ownership Works: The Power of Broad-Based Ownership in Private Equity](/content/sg/en/events/pe-compensation-series-broad-based-ownership/index-2.html): Carta and Davis Polk experts, with Ownership Works, discuss how broad-based equity ownership programs drive alignment and retention at PE firms., Host the world live on your website. (450 words)
- [Startup Compensation in H1 2025](/content/sg/en/events/startup-compensation-h1-2025/index-2.html): A conversation on how startup compensation has shifted since 2021, covering hiring trends, functional pay differences, and regional pay comparisons., Host the world live on your website. (280 words)
- [Q2 Venture Capital Review: Startup Rebound?](/content/sg/en/events/25q2-venture-capital-review/index-2.html): Lightspeed's Mercedes Bent and Carta's Ashley Neville break down Q2 2025 fundraising, dilution, and exit data to gauge startup optimism., Host the world live on your website. (235 words)
- [Transform Tax Savings into Startup Growth with QSBS](/content/sg/en/events/transform-tax-with-qsbs/index-2.html): Carta and startup leaders explain how QSBS can deliver up to $15M in tax-free gains for founders and early employees when used strategically., Host the world live on your website. (236 words)
- [Limited Liability Company (LLC) Organizational Documents](/content/sg/en/learn/startups/private-companies/llc/documents/index-2.html): In this article, we’ll cover formation documents, operating agreements, and other notable LLC organizational documents you may encounter as you build your business. (747 words)
- [How OM Venture Capital Grew with the Help of Carta Fund Admin](/content/sg/en/customer-stories/vectr/index-2.html): Founded in 2014, OMVC is a venture firm focused on early-stage opportunities in fintech, deep tech, and climate. Co-founders Mark Munoz and Jason Best have made more than 40 investments in 10 countries and oversee offices in San Francisco, Honolulu, New York, and Singapore. (513 words)
- [FA Certification Program](/content/sg/en/events/fa-certification-program/index-2.html): Carta's free FA Certification Program offers video training modules on the fund administration platform, covering capital calls, financials, tax, and more. (552 words)
- [How to Start a Venture Capital Firm and Raise Your First Fund](/content/uk/en/learn/private-funds/venture-capital/index-2.html): Learn the essential steps for launching a venture capital firm, from developing an investment thesis and structuring your fund to managing the complete fund lifecycle. (2,190 words)
- [Tax Ready, Already: A New Standard for Fund Taxes, Powered by AI](/content/sg/en/events/tax-ready-already/index.html): Carta CEO Henry Ward and DataTribe's CFO discuss how AI is reshaping fund tax operations to create a faster, more seamless annual tax season., Host the world live on your website. (374 words)
- [Fixing PTE to Match Employee Vesting Schedules | Carta](/content/sg/en/blog/pte-vesting/index-2.html): Carta decided to change PTE to coincide with an employee's vesting schedule. This gives Carta employees more freedom when exercising shares. (222 words)
- [Unlock Fast, Audit-Defensible Portfolio Valuations](/content/sg/en/events/audit-defensible-portfolio-valuations/index-2.html): Carta CEO Henry Ward and Product Lead Sharanya Venkat unveil Portfolio Valuations, a solution for faster, audit-defensible private market valuations., Host the world live on your website. (352 words)
- [The Modern Audit Playbook: Roles, Valuations, and Platform Power](/content/sg/en/events/2025-audit-playbook/index-2.html): Audit and valuation experts share a practical guide to 2025 audit readiness, covering stakeholder collaboration, documentation, and common valuation pitfalls., Host the world live on your website. (155 words)
- [Vauban Privacy Policy | Legal Hub](/content/sg/en/legal/privacy/vauban-privacy-policy/index-2.html): Vauban Technologies Limited respects your privacy and is committed to protecting your personal data. This privacy policy will inform you as to how we look after your personal data when you visit our websites (https://www.vauban.io/, https://dashboard.vauban.io/ and https://structurer.vauban.io) (regardless of where you visit it from) and tell you about your privacy rights and how the law protects you. (364 words)
- [VC Fund Performance Q1 2025 (Virtual Event)](/content/sg/en/events/vc-fund-performance-2025-q1/index-2.html): Carta's Peter Walker reviews Q1 2025 VC fund performance data, including IRR, TVPI, and DPI trends from over 2,500 US venture funds., Host the world live on your website. (68 words)
- [A VC & Founder’s Journey from Fundraising to Strategic Partnership](/content/sg/en/events/vc-founder-partnership/index-2.html): A VC and founder share candid insights on building a lasting partnership after fundraising, covering data sharing, trust, and investor communication., Host the world live on your website. (146 words)
- [Fund Administration Software for Private Equity & VC | Carta Europe](/content/uk/en/fund-management/fund-administration/index-2.html): Experience fund admin at the intersection of world class service and autonomous agents, giving fund CFOs full visibility and control. (493 words)
- [VC Masterclass: Sourcing and Nurturing LP Relationships](/content/sg/en/events/vc-masterclass-lp-relationships/index-2.html): This VC Masterclass session covers strategies for identifying, pitching, and building long-term relationships with limited partners., Host the world live on your website. (211 words)
- [Driving Fund Decisions with Visual Accounting](/content/sg/en/events/fund-decisions-visual-accounting/index-2.html): Carta CEO Henry Ward and Sahas Singh introduce Visual Accounting, an interactive operating surface built on the Entity Map for tracking fund waterfalls., Host the world live on your website. (419 words)
- [SAFE & Convertible Note Calculator](/content/sg/en/learn/startups/fundraising/convertible-securities/calculator/index-2.html): If you're fundraising, check out our free SAFE and convertible note calculator to understand the potential future impact before they convert in a priced round. (499 words)
- [Special Purpose Vehicles (SPVs): Quickly Raise Capital | Carta Europe](/content/uk/en/fund-management/spv/index-2.html): From formation to distribution, streamline your special purpose vehicle (SPV) on a platform built for every investor. (294 words)
- [Beyond the Spreadsheets: Achieve Clarity with LP Portfolio Analytics](/content/sg/en/events/clarity-lp-portfolio-analytics/index-2.html): Carta CEO Henry Ward introduces LP Portfolio Analytics, powered by its Accelex acquisition, giving institutional LPs automated data aggregation and portfolio insights., Host the world live on your website. (379 words)
- [Startup Taxes 101: Tax Essentials for Every Founder](/content/sg/en/events/startup-taxes-101-essentials/index-2.html): The first session in Carta's startup tax series covers tax basics, entity setup, equity compensation types, and key deadlines for first-time founders., Host the world live on your website. (213 words)
- [Navigating the New QSBS to Maximize VC Gains](/content/sg/en/events/qsbs-vc-gains/index-2.html): Carta experts and Mintaka VC's Reed McBride explain how the new QSBS rules raise gains caps to $15M and what it means for VC tax planning and portfolio companies., Host the world live on your website. (375 words)
- [The Liquidity Blueprint: How Secondaries Are Shaping Africa’s Private Markets](/content/sg/en/events/liquidity-blueprint-for-africa/index-2.html): Founders and investors discuss how tender offers and secondaries are becoming a sustainable pillar of long-term value creation in Africa's private markets., Host the world live on your website. (269 words)
- [State of Pre-Seed: Q2 2025](/content/sg/en/data/state-of-pre-seed-q2-2025/index-2.html): Fundraising has declined, but that's only part of the pre-seed story. Valuation caps have risen for the smallest rounds, suggesting investors now foresee higher upside for very early-stage startups, likely influenced by productivity gains from AI. (639 words)
- [What is a Tax Advisor? Definition & Responsibilities](/content/sg/en/learn/startups/tax-planning/tax-advisor/index-2.html): A tax advisor works with you to model different scenarios that can help minimize your tax liability while staying compliant with the U.S. tax code. (932 words)
- [VC Masterclass: Navigating Liquidity and LP Communication in 2026](/content/sg/en/events/vc-masterclass-liquidity-lp-communication/index-2.html): Carta, Hannah Grey, and Kline Hill Partners discuss 2025 fund performance, liquidity strategy, and LP communication in a constrained exit environment., Host the world live on your website. (244 words)
- [From 409As to SAFEs, Double A Labs Uses Carta to Scale](/content/sg/en/customer-stories/double-a-labs/index-2.html): Austin-based Double A Labs is bringing the metaverse to the corporate universe by allowing companies to create their own virtual worlds where employees can collaborate. (672 words)
- [The 2026 Comp Playbook: Precision Budgeting, AI Skills, and Data-Driven Hiring](/content/sg/en/events/compensation-playbook-2026/index-2.html): Business leaders and a Carta product expert share tactics for precision compensation budgeting, pricing AI skills, and using data to guide 2026 hiring decisions., Host the world live on your website. (405 words)
- [What's New, What's Next: Delivering Firm-wide Clarity](/content/sg/en/events/fund-admin-25-q4/index-2.html): Carta CEO Henry Ward recaps 2025 product launches for the office of the Fund CFO, including GP experience upgrades, custom reporting, and AI data collection., Host the world live on your website. (145 words)
- [How Equity Crowdfunding Works for Startups](/content/sg/en/learn/startups/fundraising/equity-crowdfunding/index-2.html): Equity crowdfunding is a type of regulated fundraising where startups raise capital from large groups of investors in exchange for small amounts of equity. (792 words)
- [The New Dynamics of Venture, Private Equity, and Credit: Five Trends Shaping the Private Market](/content/sg/en/events/five-trends-private-market/index-2.html): Carta's Insights team and Sourcery's Molly O'Shea break down five trends reshaping venture, private equity, and credit markets in Q3 2025., Host the world live on your website. (247 words)
- [Cap Tables and Dilution for Startup Founders](/content/sg/en/events/cap-tables-for-startup-founders/index-2.html): Carta, shipshape.vc, and Goodwin break down real funding scenarios, covering term sheets, valuations, option pools, and founder equity decisions., Host the world live on your website. (297 words)
- [Inside Carta FA: Driving Efficiency in Fund Operations and Investor Relations](/content/sg/en/events/inside_carta_fund_admin/index-2.html): Carta leaders walk through the Fund Administration platform's capital call workflows, portfolio visualization, and investor relationship tools for modern fund managers., Host the world live on your website. (314 words)
- [Startup Taxes 101: Strategies for Navigating Equity and Startup Growth](/content/sg/en/events/startup-taxes-101-equity-growth/index-2.html): Part two of Carta's startup tax series covers long-term equity strategy, 83(b) elections, QSBS timing, and tax prep for due diligence and eventual exits., Host the world live on your website. (368 words)
- [Founder Insights on the New Era of Software as an Action](/content/sg/en/events/modern-stack-founder-insights/index.html): Carta's VP of Product and a panel of founders discuss how agentic AI is transforming legal, accounting, and board services for the modern professional stack., Host the world live on your website. (438 words)
- [VC Fund Performance 2025](/content/sg/en/events/fund-performance-2025/index-2.html): Carta's Peter Walker analyzes 2025 VC fund performance data, including IRR, TVPI, and DPI trends from over 2,700 US venture funds., Host the world live on your website. (221 words)
- [PE Compensation Series with Davis Polk, Part 3: Management Rollovers and Incentive Equity Structures for Portfolio Companies](/content/sg/en/events/pe-compensation-series-rollovers-incentive-equity/index-2.html): Davis Polk and Carta experts dive into management equity rollovers, incentive pool structures, and vesting terms in private-equity-backed deals., Host the world live on your website. (268 words)
- [Fund Economics: Demystifying Operations, Fees, and Expenses](/content/sg/en/events/fund-economics-report-2025/index-2.html): Carta's Insights team shares findings from its first Fund Economics Report, covering capital calls, deployment rates, management fees, and carry across 2,000 funds., Host the world live on your website. (104 words)
- [Driving Digital Transformation in the Middle Office](/content/sg/en/events/digital-transformation-middle-office/index-2.html): Carta explains how digitizing middle-office workflows can turn manual portfolio monitoring, valuations, and reporting into a competitive, data-driven advantage., Host the world live on your website. (371 words)
- [Q1 Venture Capital Review: From SAFEs to Exits](/content/sg/en/events/25q1-venture-capital-review/index-2.html): Carta's Insights team breaks down Q1 2025 data on fundraising volume, dilution, and exits from the State of Pre-Seed and State of Private Markets reports., Host the world live on your website. (228 words)
- [Warrants vs. Options: What's the Difference?](/content/sg/en/learn/equity/stock-options-vs-warrants/index-2.html): As your company grows and scales, you may have to issue both stock options and warrants at one point or another. What's the difference between the two? (556 words)
- [From First Meeting to Final Close: The Power of a Connected CRM](/content/sg/en/events/connected-crm/index-2.html): Carta CEO Henry Ward and Head of CRM Ihar Valodzin demo Carta's new CRM, connecting deal flow and LP relationships to fund performance data., Host the world live on your website. (348 words)
- [Stock Splits: Benefits & Why Companies Do Stock Splits](/content/sg/en/learn/equity/stock-split/index-2.html): Before issuing equity to employees, some companies split existing stock to create a more flexible and scalable incentive pool. This article explains how a stock split works and the potential impact on current and future shareholders. (664 words)
- [Private Equity Explained: How PE Works & Strategies](/content/uk/en/learn/private-funds/private-equity/index-2.html): Learn the fundamentals of private equity, including how funds are structured, common investment strategies, and the operational mechanics of value creation and fund administration. (2,032 words)
- [Capital Is Up. Hiring Is Down. The New Rules of Startup Comp.](/content/sg/en/events/new-rules-startup-comp-2026/index-2.html): Sequoia and Carta experts break down the latest data on capital, hiring, and equity compensation trends shaping startup pay in 2026., Host the world live on your website. (250 words)
- [How QED Investors Leveraged Carta Technology to Keep Up with Growth](/content/sg/en/customer-stories/qed-investors/index-2.html): When venture firm QED Investors needed to select a fund administrator, leadership turned to Carta for its innovative technology and potential to scale with the firm’s growing needs, according to CFO Jamie Loving. (679 words)
- [Stock Grants: Why You Should Always Accept Them](/content/sg/en/learn/equity/stock-options/stock-grant/index-2.html): What is a stock grant? Accepting your stock grant is one of the most important tasks to take care of when starting at a company. Learn more. (518 words)
- [Fundraising in 2026: Benchmarks, Trends, and What’s Different Now](/content/sg/en/events/fundraising-in-2026/index-2.html): Carta's Director of Insights and a Madrona venture partner analyze 2025 fundraising trends, including bridge rounds, dilution, and AI startup valuations., Host the world live on your website. (280 words)
- [RAISE Emerging Manager Fund Analysis](/content/sg/en/events/raise-fund-analysis/index-2.html): Scott Dubin of RAISE and Carta's Peter Walker discuss top-decile fund performance among emerging VC managers and shifting fund economics under LP pressure., Host the world live on your website. (227 words)
- [Fund Administration Explained: Responsibilities & Benefits](/content/uk/en/learn/private-funds/management/fund-administration/index-2.html): Learn how fund administration streamlines a private fund’s operations by handling accounting, LP reporting, asset valuation, capital calls, and distributions. (750 words)
- [Cashless Exercise of Stock Options: Benefits & Considerations](/content/sg/en/learn/equity/stock-options/exercising/cashless-exercise/index-2.html): Learn how a cashless exercise of stock options works, including tax implications to consider when exercising ISOs or NSOs. (435 words)
- [State of Private Markets: Q1 2025](/content/sg/en/data/state-of-private-markets-q1-2025/index-2.html): Competition among VCs for high-end deals is one factor that’s driving up pre-money valuations across the breadth of the venture landscape, even as deal counts dwindle. 
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- [Fund Management Software for Private Equity & VC | Carta Europe](/content/uk/en/fund-management/fund-forecasting/index-2.html): From formation to distributions, harness a unified suite of tools and services to run your fund with complete control. Learn more. (357 words)
- [Tender Offer Templates | Carta](/content/sg/en/learn/resources/tender-offer-template/index-2.html): Download free tender offer templates from Carta, including Offer to Purchase and Letter of Transmittal documents for both third-party buyer and company buyback scenarios. (228 words)
- [Carta Coverage and Press Kit | Carta](/content/uk/en/press/index-2.html): See recent press coverage, download logos and headshots, get contact information, and learn more about Carta. (307 words)
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- [ How Giant Leap Modernized Fund Operations with Carta](/content/sg/en/customer-stories/giant-leap/index-2.html): Adopting Carta’s tech-first fund administration allowed Giant Leap to eliminate busywork, gain instant fund visibility, and focus on supporting its portfolio companies across climate, health, and people. (780 words)
- [Fund Construction Software: The Smarter Way to Build Funds](/content/sg/en/fund-management/fund-forecasting/fund-construction/index-2.html): Move beyond static spreadsheets and build a living model of your fund’s future with fund construction software from Carta. Learn more. (287 words)
- [How ButterflyMX Manages Investor Relations and Audits on Carta](/content/sg/en/customer-stories/butterflymx/index-2.html): Learn how ButterflyMX uses Carta to streamline equity management, simplify 409A valuations, and stay audit-ready as they scale their property access platform. (901 words)
- [Burn Rate Calculator & Formula | Carta](/content/sg/en/learn/resources/burn-rate-calculator/index-2.html): Calculate your company’s burn rate and cash runway with Carta’s free burn rate calculator. Estimate how long your cash will last and when to raise more capital. (191 words)
- [Carta Partners with Odyssey Transfer and Trust Company](/content/sg/en/blog/carta-odyssey-partnership/index-2.html): Odyssey will become Carta’s preferred transfer agent partner, aligning world-class cap table management and IPO readiness with public transfer agent services and shareholder solutions. (484 words)
- [Carta Policy Insights: Decoding the Data | Startup job creation](/content/sg/en/policy/policy-insights-11-15-24/index-2.html): From traditional startup hubs to emerging entrepreneurial ecosystems across the country, these ventures are fueling employment opportunities, reshaping the American economy, and leading to our competitive edge.
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- [Startup Funding: A Founder’s Guide to Raising Startup Capital](/content/sg/en/learn/startups/fundraising/index-2.html): Learn more about the entire startup funding process, including the different types of startup capital, what to expect at each funding stage, and how to prepare for a successful fundraise. (4,437 words)
- [Carta Plugins for Claude: How Liquid 2 Builds Portfolio Intelligence](/content/sg/en/customer-stories/liquid-2-ventures/index-2.html): Discover how Liquid 2 Ventures uses the Carta Investors Plugin to unify scattered investment data, automate reporting, and gain real-time cross-portfolio insights. (713 words)
- [Option Pool Calculator | Carta](/content/sg/en/learn/resources/option-pool-calculator/index-2.html): Calculate and optimize your employee stock option pool with Carta’s free tool. Size your pool, plan for new hires, and estimate equity value for pre-seed startups. (128 words)
- [PE Blueprints | How to Structure Private Equity Ownership](/content/sg/en/learn/resources/pe-blueprints/index-2.html): This free guide is designed to help private equity firms, portfolio companies, and their legal teams navigate the nuances of PE management incentives. (129 words)
- [How Automox uses Carta to manage equity and forecast runway](/content/sg/en/customer-stories/automox/index-2.html): Automox, an automated endpoint and security management solution provider headquartered in Austin, relies on Carta to manage its equity.  (479 words)
- [Policy Desk Newsletter Signup | Carta](/content/sg/en/subscribe/policy-weekly-newsletter/index-2.html): Each week, the Carta policy team shares weekly insights and analysis of on key issues impacting the private market ecosystem. Sign up here. (25 words)
- [IPO Readiness Checklist | Free Guide](/content/sg/en/learn/resources/ipo-readiness-checklist/index-2.html): Carta's six-month IPO checklist provides a structured transition plan for going public. Find out which documents and reports to prepare, how to work with auditors and transfer agents, and how Carta streamlines the IPO process. (331 words)
- [Rewiring Carta Fund Admin in the era of AI](/content/sg/en/product-updates/ai-fund-admin-product-strategy/index-2.html): Technology has unlocked new possibilities, and Carta is at the forefront of the transformation of private capital markets infrastructure.  (736 words)
- [Investindustrial: How Carta Law Delivers Fast Background Checks](/content/sg/en/customer-stories/investindustrial/index-2.html): Investindustrial streamlines counterparty background checks with Carta Law. See how our AI-driven ScreenFirst service enables faster deals and reduces manual effort. (296 words)
- [How Limerston Capital improved pipeline tracking and origination with Carta Deal CRM](/content/sg/en/customer-stories/limerston-capital/index-2.html): UK-based private equity firm Limerston Capital enhanced its origination and pipeline management by adopting Carta Deal CRM.  (222 words)
- [How MML Capital automated origination and fundraising activities](/content/sg/en/customer-stories/mml-capital/index-2.html): European mid-market investor MML Capital streamlined its origination and pipeline management processes by switching from Zapflow to Carta Deal CRM, unlocking significant efficiency gains across its deal team. (202 words)
- [FCA’s “Dear CEO” Letter Signals Scrutiny on AML/KYC Compliance](/content/sg/en/policy/fca-aml-kyc-scrutiny/index-2.html): The FCA is intensifying its focus on AML and KYC compliance in private markets. Read Carta’s guide to managing risk and aligning policies with its “Dear CEO” letter. (511 words)
- [GP-Led Secondaries Whitepaper | Carta](/content/sg/en/learn/resources/gp-led-secondaries-whitepaper/index-2.html): Learn about alternative paths to liquidity for private market investors in Carta’s free whitepaper. Find out why GP-led secondaries are rising in popularity, and how they differ from traditional LP-led secondaries. (265 words)
- [ Elements.cloud Trusts Carta for Cap Table Management ](/content/sg/en/customer-stories/elements-cloud/index-2.html): Learn why this founder has relied on Carta for nine years to move beyond manual spreadsheets and ensure compliance. (56 words)
- [Introducing Carta Law (fka Avantia Law)](/content/sg/en/blog/avantia-law-acquisition/index-2.html): Carta acquires Avantia Law to deliver AI-native legal services for PE and VC firms at a fraction of traditional law firm costs. Discover how legal services, software, and compliance integrate into one platform.
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- [Software for the Private Equity Fund CFO](/content/sg/en/product-updates/the-new-standard/index-2.html): Why do firms that invest in the best companies still run on spreadsheets and PDFs?
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- [Generate Legal Agreements, Issue Interests Seamlessly with Carta's Tools for LLCs](/content/sg/en/product-updates/llc-legal-agreeements-new-tools/index-2.html): Learn how Carta’s Agreement Execution tool automates and centralizes the interest-agreement signing process, saving LLCs and interest holders time, effort, and resources. (688 words)
- [LP CRM: The Smart CRM for Investor Relations](/content/sg/en/fund-management/fund-administration/lp-crm/index-2.html): Transform investor relations with AI-powered LP CRM. Track fundraising, centralize investor intelligence, and connect directly to your fund performance data. (445 words)
- [The Carta Blog: All Posts](/content/sg/en/blog/all/index-2.html): See all of our blog posts in all categories by date. (165 words)
- [Liquidation Preferences: Standard & Non-Standard Terms](/content/sg/en/learn/equity/liquidity-events/liquidation-preferences/index-2.html): We cover both standard and non-standard terms for each of the various rights and liquidation preferences, and how they can affect stockholder payouts. (2,217 words)
- [IFRS 13 Sample Report | Carta](/content/sg/en/learn/resources/ifrs-13-sample-report/index-2.html): Download our free IFRS 13 sample report to see what a complete fair valuation report includes. Use it to inform your evaluation of valuation providers and reporting needs. (236 words)
- [How Emergent Ventures Stays Tax-Ready All Year with Carta](/content/sg/en/customer-stories/emergent-ventures/index-2.html): Emergent Ventures, a venture capital firm based in San Mateo, California, counts on Carta for end-to-end fund management, connecting tax readiness with fund administration in one place. (853 words)
- [Creating a compensation plan that wins top talent](/content/sg/en/learn/startups/compensation/compensation-plans/index-2.html): Learn how to build and manage a strategic compensation plan that attracts and retains top talent, manages your burn rate, and builds a culture of ownership. (2,134 words)
- [How Mayfair Equity Partners improved origination and deal flow functions with Carta Deal CRM](/content/sg/en/customer-stories/mayfair-equity-partners/index-2.html): UK-based mid-market private equity firm Mayfair Equity Partners has achieved substantial efficiencies within its deal team operations by migrating to Carta from its previous CRM solution. (275 words)
- [Portfolio Construction: How to Build a Fund Strategy](/content/sg/en/learn/private-funds/management/portfolio-management/portfolio-construction/index-2.html): Understand the process of portfolio construction for private funds, from developing an investment thesis to modeling the key levers that will define your fund's strategy. (2,154 words)
- [What is a Family Office? Structures & Investment Strategies](/content/sg/en/learn/private-funds/structures/family-offices/index-2.html): Family office services offer ultra-high-net-worth families tailored investment management and wealth planning to preserve and grow assets across generations. (2,046 words)
- [How DataTribe Simplified Tax Season by Integrating Fund Admin and Taxes on Carta](/content/sg/en/customer-stories/datatribe/index-2.html): DataTribe, a cybersecurity venture capital firm in Washington, D.C., needed integrated fund administration and tax solutions to handle the growing demands of complex investment vehicles. (849 words)
- [Understanding Private Investment Funds: An Inside Look](/content/sg/en/learn/private-funds/index-2.html): Private investment funds are the backbone of the private markets. Learn the basics of private funds, including how they’re structured, managed, and regulated. (3,233 words)
- [HMRC Best Practices: How To Get the Most out of Your Share Plan](/content/sg/en/events/hmrc-best-practices/index-2.html): Carta experts explain how UK companies can maximize tax-advantaged share schemes like EMI and CSOP while staying compliant with recent legislative changes., Host the world live on your website. (289 words)
- [PE Executive Equity Report](/content/sg/en/data/pe-executive-equity-2025-full-report/index-2.html): Data from more than 1,500 corporations and 500 LLCs that are backed by private equity firms sheds new light on how equity compensation works within the multitrillion-dollar industry. (2,581 words)
- [Pre-Seed Funding: Guide for Early-Stage Startup Founders](/content/sg/en/learn/startups/fundraising/pre-seed-funding/index-2.html): Learn what distinguishes pre-seed funding from other types of startup funding, including the different types of investors and typical round sizes for early-stage companies. (2,734 words)
- [Fund Formation: A Strategic Blueprint for Launching Funds](/content/sg/en/learn/private-funds/management/fund-formation/index-2.html): Understand the complete process of fund formation, including the key legal, regulatory, and operational steps for launching a private fund or special purpose vehicle. (738 words)
- [Employee Compensation: A Founder's Guide to Compensation Packages](/content/sg/en/learn/startups/compensation/index-2.html): Learn how to build a competitive employee compensation package to attract top talent and stay compliant as you scale. (2,902 words)
- [Why  Pelion Venture Partners Chose Carta for Innovative Fund Admin ](/content/sg/en/customer-stories/pelion-venture-partners/index.html): Trevor Lund, VP of Finance at Pelion Venture Partners, explains why he chose Carta, and what excites him about AI innovation for Fund Administration.  (276 words)
- [What’s New, What's Next: Carta Fund Admin in Q4](/content/sg/en/events/vc-fundadmin-q4/index-2.html): Carta's Chief Product Officer and VC leadership team recap 2023's fund admin releases and preview what's coming in the 2024 product roadmap., Host the world live on your website. (281 words)
- [SPV Structures: Which One Is Right for You?](/content/sg/en/events/spv-structures/index-2.html): A look at SPV structures, comparing hosted master-series and self-managed standalone options to help fund managers choose the right setup for their goals., Host the world live on your website. (119 words)
- [FA Certification Program - Reviewing Capital Calls](/content/sg/en/events/fa-cp-reviewing-capital-calls/index-2.html): A walkthrough of how to review capital calls in Carta's Fund Administration Certification Program., Host the world live on your website. (163 words)
- [Get a demo of LP Portfolio Analytics | Carta](/content/sg/en/demo/lp-portfolio-analytics/index-2.html): Request a demo of LP Portfolio Analytics and learn how you can make faster, more insightful decisions by leveraging proprietary private market AI. (61 words)
- [Advisory Shares: What Founders Need to Know](/content/sg/en/learn/startups/equity-management/advisory-shares/index-2.html): Learn how advisory shares work for early-stage companies, and how to start issuing equity to your advisors with this comprehensive guide. (713 words)
- [What’s New, What's Next: Equity Management for LLCs](/content/sg/en/events/llc-equity-management/index-2.html): Carta shares the latest LLC equity management updates, including a new Waterfall Modeling tool, plus an early look at the 2024 product roadmap., Host the world live on your website. (232 words)
- [FA Certification Program - Distributions: Send Wire Instructions Request](/content/sg/en/events/fa-cp-send-wire-instructions-request/index-2.html): A guide to submitting wire instruction requests for distributions in Carta's Fund Administration Certification Program., Host the world live on your website. (165 words)
- [Understanding Executive Compensation: A Conversation with Carta and Sequoia](/content/sg/en/events/exec-comp-sequoia/index-2.html): Leaders from Carta and Sequoia discuss executive compensation strategies, covering hiring decisions, data-driven pay practices, and economic uncertainty., Host the world live on your website. (310 words)
- [Venture Capital & Private Equity Fund Performance Metrics](/content/sg/en/learn/private-funds/management/fund-performance/index-2.html): Learn how to measure investment fund performance. Explore key metrics for VC and PE funds—including IRR, MOIC, and ESG integration—for smarter investing. (1,444 words)
- [Founder Q&A: A Conversation With Poppy Flowers](/content/sg/en/events/founder-poppy-flowers/index-2.html): Poppy Flowers founder Cameron Hardesty shares how she raised seed funding from angels and accelerators to grow her flower company outside Silicon Valley., Host the world live on your website. (116 words)
- [Audit-Ready Expense Reporting: The Fundamentals of Share-Based Payments](/content/sg/en/events/share-based-payments/index-2.html): Carta's Ryan Turley breaks down share-based payment expense reporting fundamentals, including fair value calculations and audit preparation tips., Host the world live on your website. (208 words)
- [Prep for Your Audit: ASC 718 Expense Reporting](/content/sg/en/events/audit-prep-asc718/index-2.html): Carta explains ASC 718 expense reporting fundamentals, covering accounting guidelines, calculation methods, and how to automate equity grant expensing., Host the world live on your website. (297 words)
- [How To Get Your VC Fund Audit Ready](/content/sg/en/events/vc-audit-tax-ready/index-2.html): Carta shares guidance on preparing VC funds for audit season, helping firms organize finances, documentation, and external partners ahead of year-end., Host the world live on your website. (247 words)
- [State of Private Markets: Q3 Headwinds](/content/sg/en/events/q3-headwinds/index-2.html): Carta's Peter Walker and Everywhere Ventures' Jenny Fielding examine Q3's tough fundraising climate, covering valuations, round sizes, and deal dynamics., Host the world live on your website. (256 words)
- [Fund Management: Understanding Fund Management for Private Funds](/content/uk/en/learn/private-funds/management/index-2.html): Understand the key components of fund management for private equity and venture capital funds. We'll cover how fund management works throughout a fund's lifecycle—from capital allocation, risk management, portfolio company oversight, asset management, and fund administration.

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- [SAFE Fundraising 101 ebook | Carta](/content/sg/en/learn/resources/safe-fundraising-guide/index-2.html): Download our free SAFE Fundraising 101 ebook to learn benefits, key terms, dilution, and differences between pre/post-money SAFEs and convertible notes. (311 words)
- [How Distributions to Paid-In (DPI) Works in Private Equity & VC](/content/sg/en/learn/private-funds/management/fund-performance/dpi/index-2.html): DPI is one of the metrics that private funds use to evaluate a fund’s investment performance and communicate it to the fund’s investors. (760 words)
- [FA Certification Program - Distribution Workflow](/content/sg/en/events/fa-cp-distribution-workflow/index-2.html): A walkthrough of the distribution workflow in Carta's Fund Administration Certification Program., Host the world live on your website. (162 words)
- [FA Certification Program - Requesting Transfers/Submitting General Requests](/content/sg/en/events/fa-cp-transfers-general-requests/index-2.html): A walkthrough of how to request transfers and submit general requests in Carta's Fund Administration Certification Program., Host the world live on your website. (164 words)
- [Liquidity Collection | Carta](/content/sg/en/learn/collections/liquidity/index.html): Explore articles, guides, and resources to prepare for every type of private company liquidity event—from tender offers and block trades to M&As and IPOs. (492 words)
- [FA Certification Program - Cash Forecasting Overview](/content/sg/en/events/fa-cp-cash-forecasting-overview/index-2.html): An overview of cash forecasting tools in Carta's Fund Administration Certification Program., Host the world live on your website. (163 words)
- [Vrushali Paunikar | Carta](/content/sg/en/executive-team/vrushali-paunikar/index-2.html):    (141 words)
- [FA Certification Program - Reviewing Financials](/content/sg/en/events/fa-cp-reviewing-financials/index-2.html): A walkthrough of how to review fund financials within Carta's Fund Administration Certification Program., Host the world live on your website. (162 words)
- [FA Certification Program - K1 and Tax](/content/sg/en/events/fa-cp-k1-tax/index-2.html): An overview of the K-1 and tax process covered in Carta's Fund Administration Certification Program., Host the world live on your website. (163 words)
- [FA Certification Program - Fund Metrics](/content/sg/en/events/fa-cp-fund-metrics/index-2.html): An overview of how to view and track fund metrics in Carta's Fund Administration Certification Program., Host the world live on your website. (162 words)
- [FA Certification Program - Day One Financials](/content/sg/en/events/fa-cp-day-one-financials/index-2.html): An overview of day-one financials in Carta's Fund Administration Certification Program., Host the world live on your website. (163 words)
- [FA Certification Program - Bulk Notices and Capital Call Reminders](/content/sg/en/events/fa-cp-bulk-notices-capital-call-reminders/index-2.html): A guide to sending bulk notices and capital call reminders within Carta's Fund Administration platform., Host the world live on your website. (166 words)
- [What is an 83(b) Election? Tax Benefits & How to File Form 83(b)](/content/sg/en/learn/equity/stock-options/taxes/83b-election/index-2.html): Learn what a Section 83(b) election is and how it can lower your future tax bill. Get clarity on important due dates, filing information, and what to include in form 83(b). (2,627 words)
- [Nicole Baer | Carta](/content/sg/en/executive-team/nicole-baer/index-2.html):   (161 words)
- [FA Certification Program - SOI Approval and Update](/content/sg/en/events/fa-cp-soi-approval-update/index-2.html): A walkthrough of the SOI approval and update process in Carta's Fund Administration Certification Program., Host the world live on your website. (164 words)
- [FA Contacts and Permissions](/content/sg/en/events/fa-cp-contacts-permissions/index-2.html): A guide to managing fund administration contacts and permissions in Carta., Host the world live on your website. (160 words)
- [Fund Administration - Subsequent Closings/Messaging](/content/sg/en/events/fa-cp-closings-messaging/index-2.html): A guide to managing subsequent fund closings and related investor messaging within Carta's Fund Administration platform., Host the world live on your website. (161 words)
- [FA Certification Program - Management Fees](/content/sg/en/events/fa-cp-management-fees/index-2.html): A walkthrough of how management fees are handled in Carta's Fund Administration Certification Program., Host the world live on your website. (162 words)
- [What is a Data Room? How to Set Up a Virtual Data Room](/content/sg/en/learn/startups/equity-management/data-room/index-2.html): A virtual data room is a secure place to organize, store, and share confidential documents and information. Learn how to build a data room for investors. (1,056 words)
- [FA Certification Program - Capital Call Workflow](/content/sg/en/events/fa-cp-requesting-capital-calls/index-2.html): A walkthrough of the capital call request workflow in Carta's Fund Administration Certification Program., Host the world live on your website. (163 words)
- [State of Private Markets: Q2 2022 | Carta](/content/blog/state-of-private-markets-q2-2022/index.html): Venture capital is in a slowdown, but not a freefall. For the past two quarters, the number of rounds and the amount of cash raised on the Carta platform both (2,877 words)
- [What is a 409A Valuation? Key Concepts & Process](/content/sg/en/learn/startups/equity-management/409a-valuation/index-2.html): Learn everything you need to know about 409A valuations including what they are, when you need a valuation, valuation methodologies, and the full process. (2,422 words)
- [Nick Avery | Carta](/content/sg/en/executive-team/nick-avery/index-2.html):    (162 words)
- [What is Seed Funding for Startups? How to Raise a Seed Round](/content/sg/en/learn/startups/fundraising/seed-funding/index-2.html): Fundraising for a startup is never easy, but raising a seed round can feel impossible without the right resources. In this article, we’ll walk you through all the steps of seed funding. (1,075 words)
- [2022 Employee Stock Options Report | Carta](/content/sg/en/data/2022-employee-stock-options-report/index-2.html): In our first annual Employee Stock Options Report, we looked at data from more than 1.5 million U.S.-based employees who have been issued equity. (1,539 words)
- [Jeff Perry | Carta](/content/sg/en/executive-team/jeff-perry/index-2.html):    (107 words)
- [Compensation report: The state of startup compensation, H1 2022](/content/sg/en/data/compensation-report-h1-2022/index-2.html): Carta’s first startup compensation report looks at headcount, payroll, and equity benchmarks—plus trends in remote hiring, and salary across the U.S. (1,286 words)
- [Charly Kevers | Carta](/content/sg/en/executive-team/charly-kevers/index-2.html):    (188 words)
- [Limited Partnership Agreement (LPA): Definition & Key Terms](/content/sg/en/learn/private-funds/structures/limited-partner/lpa/index-2.html): Learn what an LPA is, including the key economic and governance provisions, and how LPA terms connect to real fund operations. (923 words)
- [Tender Offers 101](/content/sg/en/events/tender-offers-101/index-2.html): Carta's Peter Walker and industry experts explain how tender offers let employees monetize equity before an exit while reducing dilution., Host the world live on your website. (92 words)
- [Executive Compensation & How to Create Executive Compensation Packages](/content/sg/en/learn/startups/compensation/executive-compensation/index-2.html): Understand the basics of executive compensation so you can build an effective compensation plan and packages for executives in your C-suite. (1,425 words)
- [How to Convert from an LLC to a C-Corp](/content/sg/en/learn/startups/private-companies/convert-llc-to-c-corp/index-2.html): Understand the differences between a c-corp vs. LLC to help you decide which right for you. Learn what to consider before converting an LLC to a C-Corp. (1,230 words)
- [VC Fund Performance: Q1 2024](/content/sg/en/data/vc-fund-performance-q1-2024/index-2.html): Carta's inaugural VC fund performance report analyzes benchmarks for more than 1800 funds across six  recent vintages.  (817 words)
- [Equity Compensation: A Guide for Employees & Founders](/content/sg/en/learn/equity/compensation/index-2.html): Equity compensation is a non-cash part of overall compensation and benefits. Learn the different types of equity startup leaders can offer to their teams. (841 words)
- [Navigating Opportunities: State of Venture in the Middle East](/content/sg/en/events/state-of-venture-middle-east/index-2.html): Industry experts discuss venture capital trends across the Middle East, spotlighting the UAE's growing ecosystem, including Abu Dhabi Global Market and Dubai., Host the world live on your website. (151 words)
- [Fund Structures: LPs, GPs, & VCCs](/content/sg/en/learn/private-funds/structures/index-2.html): Thinking of starting your own venture capital fund? Learn the legal vocabulary of VC fund structures, including LPs, GPs, LPAs, and VCCs. (1,044 words)
- [First Close: Formations](/content/sg/en/events/first-close-formations/index-2.html): Carta's First Close series covers essentials for launching a UK/EU venture fund, from legal structures and LP negotiations to operational costs., Host the world live on your website. (347 words)
- [Corporate Transparency Act: Simplify Filing With Carta](/content/sg/en/events/cta-simplify-filing/index-2.html): Carta introduces a new product to simplify Corporate Transparency Act compliance for newly incorporated companies, featuring an overview, demo, and Q&A., Host the world live on your website. (270 words)
- [What’s New, What’s Next: Effortless Distributions Modeling](/content/sg/en/events/effortless-distributions-modeling/index-2.html): Carta product leaders demo the new Distributions Modeling tool, simplifying a complex process into just a few clicks., Host the world live on your website. (214 words)
- [Syndicates: Why Angel Syndicates are Valuable](/content/sg/en/learn/private-funds/structures/spv/angel-syndicates/index-2.html): A syndicate is a group investors who invest in startups or companies on a deal-by-deal basis. Learn how angel-run syndicates work in the venture ecosystem. (1,415 words)
- [Carta Europe Privacy Statement | Legal Hub](/content/uk/en/legal/privacy/carta-europe-privacy-statement/index-2.html): Your privacy is of crucial importance to Carta Europe. This Privacy Statement describes how Carta Europe collects, processes and protects your personal data. (3,047 words)
- [Advisory Boards Unveiled: Elevating Australian Startups to Global Heights](/content/sg/en/events/elevating-australian-startups/index-2.html): A guide for Australian startup founders on building an advisory board, covering structure, compensation models, and lessons from successful founders., Host the world live on your website. (415 words)
- [Navigating the Corporate Transparency Act as a LatAm Based Business Owner](/content/sg/en/events/cta-latam/index.html): Experts explain Corporate Transparency Act compliance for LatAm founders with US entities, covering reporting requirements and Carta's compliance solution., Host the world live on your website. (329 words)
- [Scenario Modeling for Private Funds: A Forecasting Framework](/content/sg/en/learn/private-funds/management/fund-forecasting/scenario-modeling/index-2.html): Learn how scenario modeling supports private fund forecasting, including how you can use it to stress-test your investment strategy, optimize reserves and deployment, and strengthen LP communication. (2,046 words)
- [Equity Essentials: Making the Leap From Seed to Series A](/content/sg/en/events/seed-to-series-a/index-2.html): VC investors share what it takes to raise a Series A, covering the qualities investors look for and why a clean cap table matters before fundraising., Host the world live on your website. (149 words)
- [Share Dilution: What Causes Dilution & How to Prepare](/content/sg/en/learn/startups/equity-management/share-dilution/index-2.html): Share dilution is the reduction in an existing shareholder’s ownership percentage after a fundraising round. Learn how to prepare your startup for dilution. (2,328 words)
- [Institutional Investors: Who They Are & How They Allocate](/content/sg/en/learn/private-funds/structures/institutional-investors/index-2.html): Institutional investors are the primary source of capital for private investment funds. Learn the different types of institutional LPs, how they conduct due diligence, and the operational standards required to build lasting relationships with them. (982 words)
- [How Management Companies Work in Private Funds](/content/sg/en/learn/private-funds/structures/management-company/index-2.html): A management company is the operational engine of an investment firm. Learn how this crucial entity is structured and why it’s essential for liability protection and professional fund management. (2,001 words)
- [Limited Liability Company (LLC): Types of LLCs & Benefits](/content/sg/en/learn/startups/private-companies/llc/index-2.html): If you’re considering structuring your business as an LLC, keep reading to learn more about the types of LLCs, pros and cons, equity options, and how they work. (1,636 words)
- [File fund and SPV Taxes with Carta](/content/sg/en/blog/file-fund-and-spv-taxes/index-2.html): Carta Fund Administration now offers in-house fund and SPV tax preparation, finalization, and filing—in addition to back office management and quarterly reporting. (294 words)
- [Best Practices: EOY Tax & Audit Planning](/content/sg/en/events/eoy-audit-tax-planning/index-2.html): Executives from Carta and Rho share best practices for end-of-year tax and audit planning, including internal prep and stakeholder alignment., Host the world live on your website. (225 words)
- [Startup Fundraising 101: Building Strategic Partnerships](/content/sg/en/events/fundraising-101-strategic-partnerships/index-2.html): Carta's Shubhi Nigam and Pear VC's Arpan Shah discuss building investor relationships and a strategic media presence ahead of your fundraise., Host the world live on your website. (91 words)
- [Private Equity Compliance: A Framework for Fund Growth](/content/sg/en/learn/private-funds/regulations/compliance/index-2.html): Learn how to build a strategic private equity compliance program that satisfies regulators, builds investor trust, and supports firm growth. (1,137 words)
- [First Close: Optimising for Your First Close](/content/sg/en/events/optimising-for-your-first-close/index-2.html): Carta's First Close series covers how to execute a smooth fund closing, from investor onboarding and banking arrangements to LP communication., Host the world live on your website. (315 words)
- [What are Stock Options? Types of Options & How They Work](/content/sg/en/learn/equity/stock-options/index-2.html): Learn the fundamentals of stock options, including the different types, how they are granted and vested, and the process for exercising and paying taxes. (2,483 words)
- [How taxes work for LLCs](/content/sg/en/learn/startups/tax-planning/llc-taxation/index-2.html): Learn how LLC taxation works, what makes LLCs “pass-through” entities, how different types of equity are taxed, and why LLCs avoid double taxation. (667 words)
- [Business Guide to Taxes: Expiring Tax Incentives](/content/sg/en/events/expiring-tax-incentives/index-2.html): Tax experts break down expiring tax incentives affecting corporations and passthrough businesses, with strategies for adapting to the changing landscape., Host the world live on your website. (176 words)
- [State of Compensation: 2024 Outlook](/content/sg/en/events/2024-comp-outlook/index-2.html): Carta and industry leaders discuss the 2024 hiring and compensation outlook, drawing on Carta's H2 2023 State of Startup Compensation report., Host the world live on your website. (158 words)
- [What’s New, What’s Next: Carta Fund Admin in Q1 (2024)](/content/sg/en/events/fund-admin-24q1/index-2.html): Carta's Director of Product Alex Legault and the fund admin team recap recent releases and walk through the year's product roadmap., Host the world live on your website. (268 words)
- [Henry Ward | Carta](/content/sg/en/executive-team/henry-ward/index-2.html):    (128 words)
- [How Did 2023 Change Valuations?](/content/sg/en/events/how-did-2023-change-valuations/index-2.html): Carta's valuation experts review how 2023 reshaped startup valuations, comparing fundraising and equity compensation trends heading into 2024., Host the world live on your website. (143 words)
- [Emerging Trends & Key Insights for Asset Allocators](/content/sg/en/events/trends-insights-for-asset-allocators/index.html): Leaders from Withers, EY, and Carta explore APAC fundraising trends, emerging commercial terms, and evolving LP-GP dynamics and exit strategies., Host the world live on your website. (330 words)
- [First Close: Acing Your Fund Operations Stack](/content/sg/en/events/acing-your-fund-operations-stack/index-2.html): Carta's First Close series covers building a strong fund operations stack, from fund accounting and audits to improving LP reporting and relationships., Host the world live on your website. (189 words)
- [How Emmeline Ventures Uses Carta’s Operational Planning Model to Break into VC](/content/sg/en/customer-stories/emmeline-ventures/index-2.html): Emmeline Ventures launched in April 2022 with an investment in Clutch Wallet, a provider of web3 and crypto investing services for women. The firm is focused on businesses helping women “manage health, build wealth, and live in a cleaner, safer world.” (589 words)
- [Policy Playbook: Navigating the Shifting VC Regulatory Landscape](/content/sg/en/events/policy-playbook-vc-regulatory-landscape/index.html): Carta's policy experts unpack how new SEC private fund adviser rules and the broader regulatory agenda are reshaping the venture capital industry., Host the world live on your website. (312 words)
- [Vesting Explained: Schedules, Cliffs, Acceleration, and Types](/content/sg/en/learn/equity/stock-options/vesting/index-2.html): Learn everything you need to know about vesting, including how vesting schedules work and how to structure them for your team. (1,490 words)
- [Pre-Seed Benchmarks: Fundraising Data for New Startups](/content/sg/en/events/fundraising-data-for-new-startups/index-2.html): Hustle Fund's Haley Bryant and Carta's Peter Walker break down pre-seed fundraising data, covering SAFE and convertible note terms across industries and stages., Host the world live on your website. (257 words)
- [State of Private Markets: 2024 Predictions](/content/sg/en/events/2024-predictions/index.html): Carta's Peter Walker reviews 2023's startup fundraising trends, covering valuations, dilution, and deal velocity from seed through Series F, plus 2024 predictions., Host the world live on your website. (223 words)
- [Cap table 101 - Section 1 | Carta Classroom](/content/sg/en/learn/cap-table-101/1/index-2.html):   (804 words)
- [State of Private Markets: Q1 Venture Spring?](/content/sg/en/events/q1-venture-spring/index-2.html): Carta's Peter Walker and Harlem Capital's Nicole DeTommaso review Q1 venture capital trends, highlighting early positive signals amid a slow quarter., Host the world live on your website. (222 words)
- [Startup Fundraising 101: Crafting a Winning Pitch](/content/sg/en/events/crafting-a-winning-pitch/index-2.html): Carta's Angela Winegar and a panel of VCs share how to craft a winning pitch, covering storytelling, positioning, and building investor trust., Host the world live on your website. (181 words)
- [Private Equity Firm Operations: In-House v. Outsourced](/content/sg/en/events/back-office-structures/index-2.html): In-house and outsourced CFOs debate private equity back-office structures, covering what to keep in-house, what to outsource, and vendor diligence., Host the world live on your website. (117 words)
- [Startup Fundraising 101: Mastering Fundraising Strategy](/content/sg/en/events/fundraising-101-fundraising-strategy/index-2.html): Carta's Natasha Arora and Heather Hartnett discuss crafting a fundraising strategy tied to business milestones, using scenario modeling and SAFEs., Host the world live on your website. (88 words)
- [VC Fund Performance: Q2 2025](/content/sg/en/data/vc-fund-performance-q2-2025/index-2.html): The percentage of venture funds on Carta that have begun to return capital to their LPs jumped noticeably in Q2 for every vintage from 2017 through 2023, as investors demonstrated a new urgency around generating DPI.  (1,072 words)
- [What is a Term Sheet? Common Terms & Examples for Startups](/content/sg/en/learn/startups/fundraising/term-sheets/index-2.html): A term sheet outlines the key terms of a startup investor’s offer. Learn how to read an investor term sheet before your next fundraising round. (953 words)
- [First Close: From Managing SPV’s to Launching a Fund](/content/sg/en/events/managing-spvs-to-launching-a-fund/index-2.html): Carta's First Close series covers transitioning from managing SPVs to launching your first fund, including operations and LP management tips., Host the world live on your website. (310 words)
- [Track Record Essentials for Emerging Fund Managers](/content/sg/en/learn/private-funds/management/track-record/index-2.html): Learn why a strong track record matters for VC and PE fundraising. Discover best practices for presenting your investment track record to LPs. (1,084 words)
- [For venture fund LPs, DPI is ‘the metric that rules them all’](/content/sg/en/data/vc-dpi-2024/index-2.html): Distributions to paid-in capital, which measures how much capital a fund has returned from exiting its investments, is a key metric for limited partners. (1,014 words)
- [FA Certification Program - Scenario Modeling Overview](/content/sg/en/events/fa-certification-program-scenario-modeling-overview-2.html): An overview of scenario modeling tools available in Carta's Fund Administration Certification Program., Host the world live on your website. (163 words)
- [Carta | NYSE: Getting Your Company IPO Ready](/content/sg/en/events/getting-ipo-ready/index-2.html): Carta COO Tom Keiser and NYSE's Michael Harris discuss IPO paths, timing, vendor prep, and what management teams should do now to get IPO ready., Host the world live on your website. (175 words)
- [What’s New, What’s Next: Optimize How You Run, Raise, and Close Your Fund](/content/sg/en/events/whats-new-fund-admin-26-q2/index-2.html): Carta leaders demo new ERP features for private capital, including a visual accounting dashboard, in-app CRM agents, and document intelligence tools., Host the world live on your website. (242 words)
- [What’s New & What’s Next: Carta Alternative Assets Product Updates in Q2](/content/sg/en/events/alternative-assets-24q2/index-2.html): Carta introduces PE Firm Overview, a new alternative assets product giving centralized access to portfolio company cap tables and waterfalls., Host the world live on your website. (207 words)
- [Policy Briefing: What Does the UK Election Mean for VC?](/content/sg/en/events/uk-election-vc/index-2.html): Carta's policy experts break down how the UK election could reshape venture capital, from carried interest rules to non-dom tax regime changes., Host the world live on your website. (124 words)
- [How do co-founders actually split equity? | Carta](/content/sg/en/data/how-co-founders-split-equity/index-2.html): How co-founders split equity in their company is one of the first major decisions in the life of a startup. Figuring out the right allocation for each (319 words)
- [Scenario Modeling & Planning Software | Carta APAC](/content/sg/en/equity-management/cap-table/scenario-modeling/index-2.html): Use Carta's scenario modeling tool to understand the impact of fundraising and exits, through sensitivity analysis, payout modeling, and pro forma cap tables. (409 words)
- [FA Certification Program: Auditor Portal Overview](/content/sg/en/events/fa-certification-program-auditor-portal-overview/index-2.html): An overview of the auditor portal within Carta's Fund Administration Certification Program., Host the world live on your website. (162 words)
- [Congress, Compliance & Venture Capital: A Fund Manager's Guide to the Shifting Policy Landscape](/content/sg/en/events/congress-compliance-venture-capital/index-2.html): Policy experts discuss how shifting capital formation and AI regulations, including the INVEST Act and SEC agenda, affect fund managers and portfolios., Host the world live on your website. (343 words)
- [FA Certification Program - Downloading SOC Reports](/content/sg/en/events/fa-certification-program-downloading-soc-reports/index-2.html): A guide to downloading SOC reports within Carta's Fund Administration Certification Program., Host the world live on your website. (163 words)
- [Policy Playbook: How the 2024 Election Could Shape Private Market Policy](/content/sg/en/events/how-24election-could-shape-pm-policy/index-2.html): Carta's Policy team previews how the 2024 elections could shape tax reform and private market regulation, and how funds and small businesses can adapt., Host the world live on your website. (273 words)
- [The Non-Dilutive Capital Stack](/content/sg/en/events/non-dilutive-capital-stack/index-2.html): Founders and lenders discuss how capital-intensive tech companies build non-dilutive capital stacks, from venture debt to credit readiness., Host the world live on your website. (403 words)
- [Founder Shares: Key Characteristics & Structures for Founder Equity](/content/sg/en/learn/startups/equity-management/founder-shares/index-2.html): Learn how founders' shares work, common ways to structure equity for founders, and how to mitigate risks like stock dilution and disputes among co-founders. (1,015 words)
- [Introducing Carta Law: AI-Native Legal & Compliance Operations for Private Capital](/content/sg/en/events/carta-law/index.html): Carta introduces Carta Law, an AI-native legal and compliance platform for private capital, discussed by CEO Henry Ward and Carta Law's James Sutton., Host the world live on your website. (365 words)
- [Deal Sourcing: Strategies & Process for Private Fund Deal Teams](/content/sg/en/learn/private-funds/management/deal-flow/deal-sourcing/index-2.html): Effective deal sourcing aligns opportunities with a fund’s investment strategy, using research, networking, and tech to build a strong, high-quality investment pipeline. (1,110 words)
- [Running a Smarter Fund with AI: From Fund Data to Faster Decisions](/content/sg/en/events/smarter-fund-with-ai/index-2.html): Carta leaders demo how AI is reshaping fund operations, from back-office workflows to investment decisions, including Carta's new Claude plugins., Host the world live on your website. (368 words)
- [Essential Tools for Startup Success: Equity Management](/content/sg/en/events/essential-tools-equity-management/index-2.html): Carta's Shubhi Nigam and customer Brett Humphrey of Mivien Labs guide founders through choosing the right cap table provider and avoiding common mistakes., Host the world live on your website. (163 words)
- [Multiple on Invested Capital (MOIC): How to Calculate MOIC](/content/sg/en/learn/private-funds/management/fund-performance/moic/index-2.html): Learn how to calculate multiple on invested capital (MOIC) as well as what differentiates it from other key fund performance metrics. (731 words)
- [The MENA Private Markets Playbook: Cap Tables, SPVs, and the Infrastructure Behind the Deal](/content/sg/en/events/mena-private-markets-playbook/index-2.html): Carta and Zest experts break down cap tables, SPV operations, and the infrastructure private markets need to scale deals across the MENA region., Host the world live on your website. (206 words)
- [Introducing Carta's Plugins for Claude](/content/sg/en/events/carta-plugins-for-claude/index-2.html): Carta introduces plugins for Claude, giving fund managers a way to query live fund data and metrics directly through natural-language AI conversations., Host the world live on your website. (252 words)
- [Australian Budget 2026: New Caps, New Rules and Your Next Move](/content/sg/en/events/australian-budget-2026/index-2.html): A panel breaks down Australia's 2026-27 Federal Budget, covering new regulatory and tax changes affecting fund structure, licensing, and capital raising., Host the world live on your website. (351 words)
- [Qualified Small Business Stock (QSBS) Explained](/content/sg/en/learn/startups/tax-planning/qsbs/index-2.html): Understand the qualified small business requirements and how to take advantage of QSBS tax treatment for eligible stock options. (953 words)
- [Business Valuations Terms and Conditions | Legal Hub](/content/sg/en/legal/terms-agreements/business-valuations-terms-conditions/index-2.html): By executing an Order Form that references these Business Valuations Terms and Conditions (these “Valuations Terms”), you agree to these Valuations Terms and will be referred to as “you” or “Customer” in these Valuations Terms. “Party” or “Parties” shall mean, individually, Customer or Carta Valuations LLC (“Carta Valuations”) as the context requires and, collectively, Customer and Carta Valuations. (1,683 words)
- [Cap Table 101 - Section 3 | Carta Classroom](/content/sg/en/learn/cap-table-101/3/index-2.html): The Series B (and beyond) (1,707 words)
- [Market Size: What is TAM, SAM, & SOM?](/content/sg/en/learn/startups/metrics/market-size/index-2.html): Calculating market size before you pitch investors if crucial. Learn how to determine the market size for your company, including TAM, SAM, and SOM. (927 words)
- [IPO Readiness in 2026: The Market Outlook and How AI Is Rewriting the IPO Timeline](/content/sg/en/events/ipo-readiness-in-2026/index.html): Carta and Morgan Stanley leaders discuss IPO readiness in 2026, covering AI-driven market shifts, investor priorities, and operational readiness., Host the world live on your website. (441 words)
- [Cap Table 101 - Section 2 | Carta Classroom](/content/sg/en/learn/cap-table-101/2/index-2.html):   (1,144 words)
- [Total Value to Paid-In Capital (TVPI) Definition & Formula](/content/sg/en/learn/private-funds/management/fund-performance/tvpi/index-2.html): Learn how to calculate net and gross TVPI (total value to paid-in capital), key metrics investors and fund managers use to evaluate a fund’s performance. (826 words)
- [General Partner (GP): Responsibilities & Role in Private Funds](/content/sg/en/learn/private-funds/structures/general-partner/index-2.html): A limited partnership involves at least one general partner and at least one limited partner. Learn more about the GP's role in venture and private equity. (744 words)
- [Financial Reporting: Types, Use Cases & What to Include](/content/sg/en/learn/startups/financial-reporting/index-2.html): Learn the basics of financial reporting for your startup, what to include, and the different types of financial reports for your investors. (1,328 words)
- [Limited Partner (LP): Responsibilities & Role in Private Funds](/content/sg/en/learn/private-funds/structures/limited-partner/index-2.html): Limited partners are known as “silent partners” in a business partnership. Learn more about limited partners, their role in private equity and venture capital funds, and tax implications. (834 words)
- [Scopes of Services | Legal Hub](/content/sg/en/legal/scope-services/index-2.html): Explore additional information regarding Carta services and applicable terms. (345 words)
- [What is an RSU? Definition, Benefits, & Taxes](/content/sg/en/learn/equity/rsu/index-2.html): Learn about restricted stock units—a type of equity—including how RSUs work, how they are taxed, and benefits for employees. (1,442 words)
- [Year-end fund tax and audit guide | Carta](/content/sg/en/learn/resources/investors-tax-audit-checklist/index-2.html): Be tax-ready with Carta’s free fund tax and audit checklist. Get step-by-step guidance to prepare legal docs, coordinate audits, and organize your fund for tax season. (64 words)
- [Option Pool Definition: How to Size Your Employee Option Pool](/content/sg/en/learn/startups/equity-management/option-pool/index-2.html): A stock option pool’s size affects share prices, ownership dilution, and company value. Here’s what you need to know to calculate an employee option pool. (1,565 words)
- [VC Masterclass: Building an Investment Track Record](/content/sg/en/events/vc-masterclass-track-record/index-2.html): Carta's Megan Greer and SemperVirens' Allison Baum Gates discuss how fund managers build a track record to win over LPs, in this VC Masterclass session., Host the world live on your website. (220 words)
- [Valuations Audits: What to Expect & How to Prepare](/content/sg/en/learn/startups/equity-management/409a-valuation/audit/index-2.html): Our experts walk through what you need to know about 409A valuations and how to prepare for a successful valuations audit. (543 words)
- [Venture Playbook Download | Carta](/content/sg/en/learn/resources/starting-vc-fund-playbook/index.html):    (279 words)
- [How Co-Founders Split Equity [Free Equity Split Calculator]](/content/sg/en/learn/startups/equity-management/co-founder-equity-split/index-2.html): Finding an equity split that all co-founders are comfortable with is complicated. Learn some of the key ways to split equity and gain insights into the best path for you. (1,206 words)
- [Tax Planning for Small Businesses: Credits & Deductions to Know](/content/sg/en/learn/startups/tax-planning/index-2.html): Small businesses owners and entrepreneurs can use these tax planning strategies to save on taxes and maximize business growth. (1,454 words)
- [Broken Cap Tables - Solving Cap Table Entropy | Carta](/content/sg/en/blog/broken-cap-tables/index-2.html): Cap tables are often tracked in spreadsheets, without being updated. Because of this, many cap tables are broken. Carta fixes cap tables. (1,359 words)
- [VC 101 | Carta Classroom](/content/sg/en/learn/vc-101/index-2.html): Learn the fundamentals of starting a venture capital fund—understand how they're structured, meet the key players, and learn about the important regulations governing your fundraising and operations. (299 words)
- [Introducing the Carta Developer Platform | Carta](/content/product-updates/introducing-the-carta-developer-platform/index-2.html): Carta has worked for the past year with more than 25 beta partners to utilize our growing suite of APIs. Now we're expanding these capabilities. (955 words)
- [Private Company: Definition & Types of Private Companies](/content/sg/en/learn/startups/private-companies/index-2.html): Learn what makes a company private, the different types and structures of private companies, and key differences between public and private companies. (768 words)
- [Liquidity Events: Definition, Types & How to Prepare](/content/sg/en/learn/equity/liquidity-events/index-2.html): Liquidity events allow shareholders to turn illiquid equity into cash. Learn more about IPOs, M&As, tender offers, and other secondary transactions.
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- [Types of Investors & Roles for Startups](/content/sg/en/learn/startups/fundraising/investors/index-2.html): Startups can raise funds from many types of investors. Learn more about angels, accelerators, crowdfunding, VCs, and other types of investors. (489 words)
- [Emerging Manager's SPV Guide | Carta](/content/sg/en/learn/resources/spv-guide/index-2.html): Download our free emerging manager’s guide to SPVs. Learn how special purpose vehicles work, how to set one up, and the benefits of using SPVs to close your first deal. (129 words)
- [Convertible Securities: SAFEs vs. Convertible Notes](/content/sg/en/learn/startups/fundraising/convertible-securities/index-2.html): In this article, we’ll cover everything you need to know about two common types of convertible securities, specifically SAFEs and convertible notes. (1,138 words)
- [Membership Interests: Understanding Equity for LLCs](/content/sg/en/learn/startups/compensation/equity-incentive-plans/membership-interests/index-2.html): Learn about LLC membership interests, when they can be issued, and how to transfer units among members. We'll also cover the differences between membership interests and equity compensation. (892 words)
- [Deal terms grew  less investor-friendly in Q3 | Carta](/content/sg/en/data/deal-terms-q3-2023/index-2.html): Investor-friendly terms like participating preferred stock and cumulative dividends grew much less common in VC deals in Q3. (978 words)
- [The Round Benchmarking Tool: Interact with Carta Data](/content/sg/en/data/round-benchmarking-tool/index-2.html): Discover real-time insights on round sizes, valuations, and dilution with Carta's Round Benchmarking Tool. Tailor benchmarks by stage, sector, and region. (399 words)
- [What is the Strike Price of a Stock Option?](/content/sg/en/learn/equity/stock-options/strike-price/index-2.html): Wondering what determines strike prices and how much your stock options could be worth? Learn about what a strike price is and how options can gain value over time. (976 words)
- [Exercising Stock Options: How & When to Exercise Options](/content/sg/en/learn/equity/stock-options/exercising/index-2.html): Maximize your tax benefits and minimize risks by learning when and how to exercise stock options. (1,349 words)
- [What is a Burn Rate? How to Calculate Your Cash Runway](/content/sg/en/learn/startups/metrics/burn-rate/index-2.html): Burn rate measures your company’s cash runway, based on cash flow and revenue. Learn how to manage and calculate cash burn rate for startups. (1,379 words)
- [Initial Public Offering (IPO): The Basics of the IPO Process](/content/sg/en/learn/startups/exit-strategies/ipo/index-2.html): An IPO is when a private company trades shares on a public stock exchange for the first time. Learn more about the IPO process & alternative exit options. (1,048 words)
- [Carta Launch: Free Cap Table Software for Founders](/content/sg/en/equity-management/launch/index-2.html): Issue equity and SAFEs, track ownership and manage your cap table with Carta's free cap table software for startup founders. Learn more about Carta Launch. (388 words)
- [What is a SAFE? (Simple Agreement for Future Equity)](/content/sg/en/learn/startups/fundraising/convertible-securities/safes/index-2.html): Learn the potential advantages and disadvantages of fundraising with SAFE agreements and everything you need to know before issuing SAFEs. (3,184 words)
- [What is Board Management & How Does It Work?](/content/sg/en/learn/startups/private-companies/board-of-directors/board-management/index-2.html): Learn the ins and outs of board management and how to work effectively with your board of directors.  Download Carta’s board deck template to get started. (1,317 words)
- [Private Equity Due Diligence: How to Evaluate Deals](/content/sg/en/learn/private-funds/management/deal-flow/due-diligence/index-2.html): Understand the PE due diligence process from a fund CFO’s perspective. Learn the key phases of investigation and explore a framework for financial, operational, legal, and commercial review. (1,834 words)
- [Stock Warrants Explained: Definition and How Warrants Work](/content/sg/en/learn/equity/stock-warrants/index-2.html): Learn everything you need to know about warrants, including what they are, their key components, and when to issue them. (1,169 words)
- [What is an Angel Investor?](/content/sg/en/learn/startups/fundraising/investors/angel-investors/index-2.html): An angel investor is someone who invests in early-stage startups using their own money. Learn how angels and VCs differ, and how angel investing works. (704 words)
- [Articles of Incorporation: Definition & Examples](/content/sg/en/learn/startups/private-companies/incorporation/articles-of-incorporation/index-2.html): Articles of Incorporation are filed with a state agency to form a corporation and become incorporated. These documents may have another name, depending on the state in which they are filed. (674 words)
- [Request a demo and join Carta | Cap Table | Carta](/content/sg/en/demo/cap-table/index-2.html): Request a demo of Carta's equity management platform and learn more about cap table management. (93 words)
- [Carta UK | The End-to-End Suite Connecting Private Capital](/content/uk/en/index-2.html): Carta’s ERP for private capital combines software and services to deliver connected clarity and control across equity, fund and  portfolio management. (625 words)
- [How to Find a Co-Founder: A Guide for Startups](/content/sg/en/learn/startups/founding-team/co-founder/index-2.html): A co-founder can provide crucial complementary skills, such as technical expertise, or can help shoulder the stress and workload of a growing startup. (1,423 words)
- [Fair Market Value (FMV): Definition & How to Calculate FMV](/content/sg/en/learn/startups/equity-management/fmv/index-2.html): Learn about fair market value, what it means for stock, how to determine a stock’s fair market value, and why 409A valuations are so crucial for private companies. (730 words)
- [Are Your Cap Table and Waterfall Investor-Ready?](/content/blog/llc-cap-table-waterfall-investor-ready/index-2.html): Ensure your equity data can stand up to audits, due diligence, and investor calls with tools that deliver real-time answers and eliminate spreadsheet risk. (1,300 words)
- [Founder Ownership Report 2025 | Carta](/content/sg/en/data/founder-ownership/index-2.html): How do startups divide their equity among co-founders and other key shareholders? This first-of-its-kind data report offers a comprehensive guide. (524 words)
- [Cap Table Template: Get Started For Free](/content/sg/en/learn/resources/cap-table-template/index-2.html): Download Carta’s free cap table template for startups to track ownership, equity distribution, and issued securities in an simple Excel spreadsheet. (183 words)
- [Waterfall Analysis: How to Model Exit Waterfalls](/content/sg/en/learn/startups/exit-strategies/waterfall-analysis/index-2.html): Learn how to model exit scenarios using waterfall analysis. Waterfalls help investors predict how shareholders would be paid out at a future liquidity event. (1,184 words)
- [Visual Accounting: See the flow of capital in real time](/content/product-updates/visual-accounting-capital-flow/index.html): Trace capital flows, uncover the "why" behind your metrics, and explore the real-time impact of key events with this Entity Map upgrade. (286 words)
- [2025 Policy Outlook: Implications for the private capital ecosystem](/content/policy/policy-outlook-private-capital-ecosystem-2025/index-2.html): Here’s what to expect from Congress and the new administration in 2025 and how the policy agenda will impact the innovation ecosystem—private equity, venture capital, and the startups and small businesses they support. 
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- [Solutions for Private Equity Firms and Companies | Carta](/content/partners/private-equity/index-2.html): Top PE firms partner with Carta. Carta's partner program makes it easy to refer companies to Carta for equity and cap table management. (362 words)
- [Terms & Agreements | Legal Hub](/content/sg/en/legal/terms-agreements/index-2.html): Review the terms that explain how the platform works, what's included, and the responsibilities on both sides. (157 words)
- [Partnership with Assemble Simplifies Compensation Planning | Carta](/content/product-updates/assemble-compensation-planning-partnership/index-2.html): A new integration allows Carta Total Compensation customers to view Carta data within the Assemble platform. (465 words)
- [The DEAL Act: Issue brief | Carta](/content/policy/issue-brief-deal-act/index-2.html): The DEAL Act would lift some of the restrictions that prevent venture capital fund advisers from investing in private assets obtained through fund-of-funds vehicles and secondary transactions. (1,070 words)
- [VC round sizes rebound after a year of declines | Carta](/content/data/round-sizes-rebound-q1-2023/index-2.html): Q1 2023 marked the first time since Q4 2021 that the median round size increased at Series A through Series D. (486 words)
- [Cap Table 101 Video Course | Carta Classroom](/content/sg/en/learn/cap-table-101/index-2.html): Everything about your company—from incorporation to IPO is built on the cap table. Learn the fundamentals of this equity cornerstone with help from your experts at Carta. (145 words)
- [How PE-backed Whistic Uses Carta to Drive Precision and Manage Equity](/content/customer-stories/whistic/index-2.html): Whistic, a Utah-based vendor security and third-party risk management platform, is closely focused on financial performance as it grows between funding rounds. (730 words)
- [Introducing Carta’s fundraising suite | Carta](/content/product-updates/carta-fundraising-suite/index-2.html): Carta’s Fundraising Suite offers tools and services to make startup fundraising simpler, more efficient, and less expensive for founders.
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- [How Carta Is Fuelling abillion’s Journey to Sustainability](/content/customer-stories/abillion/index-2.html): Vikas Garg is founder and CEO of abillion, a social media and consumer review platform that has helped more than 17 million people find more environmentally-friendly alternatives to food and other consumer products.  (502 words)
- [Privacy | Legal Hub](/content/sg/en/legal/privacy/index-2.html): See how we handle your information—what's collected, how it's used, and your choices. (58 words)
- [LLC investor-ready scorecard | Carta](/content/learn/resources/investor-ready-scorecard/index-2.html): Download the investor-ready scorecard to stress-test your LLC’s equity management. Use our 32-point checklist to identify red flags, benchmark systems, and boost investor trust. (118 words)
- [Deal Closings | Carta](/content/product-updates/deal-closings/index-2.html): 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. (451 words)
- [Security | Legal Hub](/content/sg/en/security/index.html): Explore security, availability, and transparency at Carta. (23 words)
- [Solutions for Private Equity Firms and Companies | Carta](/content/partners/accelerator-partners/index.html): Top PE firms partner with Carta. Carta's partner program makes it easy to refer companies to Carta for equity and cap table management. (447 words)
- [Compliance | Legal Hub](/content/sg/en/legal/compliance/index.html): Discover how we tackle compliance at Carta. (21 words)
- [Supplier Information | Legal Hub](/content/sg/en/legal/supplier-information/index.html): Learn what's required from suppliers, including policies, standards, and contact details. (24 words)
- [ Carta Partner Programs for Law and Accounting Firms | Carta](/content/partners/index.html): Top law, accounting, & investment firms partner with Carta. Carta's partner program makes it easy to refer private & public companies to Carta for equity management. (297 words)
- [PE Equity 101 Guide | Carta](/content/learn/resources/pe-equity-101-guide/index-2.html): Download Equity 101 for employees of private equity-backed companies. Learn how equity works, award types, tax implications, vesting, and how to align with company growth. (93 words)
- [Carta Partner and Referral Programs for Investors and Accelerators](/content/partners/vc/index-2.html): Top VC firms and accelerators partner with Carta. Carta's partner program makes it easy to refer companies to Carta for equity and cap table management. (285 words)
- [Carta for Human Resources (HR) | Carta](/content/use-cases/hr/index.html): Whether you’re extending an offer, identifying pay gaps, or answering employee equity questions, Carta has tailored solutions for HR professionals. Learn more. (230 words)
- [Carta for Law Firms | Carta](/content/use-cases/law-firms/index.html): Help your clients issue equity, keep cap tables up to date, and stay compliant, all in one place. Set your practice up for success with Carta. Learn more. (175 words)
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- [Engineering Jobs at Carta | Carta Careers](/content/careers/engineering/index-2.html): Carta is a place for those who love seeking out and solving interesting problems to take ownership in what they’re creating, together. Learn More (540 words)
- [Subscribe to Policy Weekly | Carta](/content/subscribe/policy-newsletter/index-2.html) (41 words)
- [Carta](/content/healthcare-life-sciences/index.html): Carta's platform of software and services helps people manage equity, build businesses, and invest in the companies of tomorrow. Learn more. (205 words)
- [PE Compensation Series with Davis Polk & Ownership Works: The Power of Broad-Based Ownership in Private Equity](/content/events/pe-compensation-series-broad-based-ownership/index-2.html): Carta and Davis Polk experts, with Ownership Works, discuss how broad-based equity ownership programs drive alignment and retention at PE firms., Host the world live on your website. (340 words)
- [The Liquidity Blueprint: How Secondaries Are Shaping Africa’s Private Markets](/content/events/liquidity-blueprint-for-africa/index-2.html): Founders and investors discuss how tender offers and secondaries are becoming a sustainable pillar of long-term value creation in Africa's private markets., Host the world live on your website. (269 words)
- [Driving Operational Speed, Accuracy, and Scale Through Integrated Fund Admin Workflows](/content/events/new-standard-fund-admin/index-2.html): Carta and VCFA Group leaders discuss how integrated fund admin workflows are driving operational speed, accuracy, and scale for fund managers., Host the world live on your website. (333 words)
- [Smarter Compensation: Retain Talent & Run Lean](/content/events/smarter-compensation-2025/index.html): A virtual event on building compensation strategies that retain talent while managing equity, cash burn, and hiring budgets in a cautious market., Host the world live on your website. (347 words)
- [What’s New, What’s Next: The Future of Visibility and Control in Fund Accounting](/content/events/fund-admin-25-q3/index-2.html): Carta previews new Entity Maps, middle-office automation, and bank integrations aimed at improving visibility and control in fund accounting., Host the world live on your website. (243 words)
- [What's New, What's Next: Building Connected Fund Admin](/content/events/fund-admin-25-q2/index-2.html): Carta's product team previews new features for streamlining financial operations, carried interest transparency, and portfolio performance visibility., Host the world live on your website. (299 words)
- [How to Map Your Investment Structures with Carta](/content/events/carta-entity-map/index-2.html): Carta's CEO and product team introduce Entity Map, a new visualization tool helping GPs and finance teams track complex fund and entity relationships., Host the world live on your website. (149 words)
- [Startup Compensation in H1 2025](/content/events/startup-compensation-h1-2025/index-2.html): A conversation on how startup compensation has shifted since 2021, covering hiring trends, functional pay differences, and regional pay comparisons., Host the world live on your website. (132 words)
- [Tariff Turmoil: Implications for Private Capital](/content/events/tariff-implications-private-capital/index-2.html): Experts from Gilgamesh Ventures, Freshfields, and Carta discuss how tariff policy is reshaping private markets and how funds can navigate the fluid environment., Host the world live on your website. (309 words)
- [VC Masterclass: Sourcing and Nurturing LP Relationships](/content/events/vc-masterclass-lp-relationships/index-2.html): This VC Masterclass session covers strategies for identifying, pitching, and building long-term relationships with limited partners., Host the world live on your website. (207 words)
- [Tax Ready, Already: A New Standard for Fund Taxes, Powered by AI](/content/events/tax-ready-already/index-2.html): Carta CEO Henry Ward and DataTribe's CFO discuss how AI is reshaping fund tax operations to create a faster, more seamless annual tax season., Host the world live on your website. (374 words)
- [Transform Tax Savings into Startup Growth with QSBS](/content/events/transform-tax-with-qsbs/index-2.html): Carta and startup leaders explain how QSBS can deliver up to $15M in tax-free gains for founders and early employees when used strategically., Host the world live on your website. (382 words)
- [Navigating the New QSBS to Maximize VC Gains](/content/events/qsbs-vc-gains/index.html): Carta experts and Mintaka VC's Reed McBride explain how the new QSBS rules raise gains caps to $15M and what it means for VC tax planning and portfolio companies., Host the world live on your website. (375 words)
- [How to Construct Your Fund for Long-Term Success](/content/events/fund-construction-masterclass/index.html): Fund managers from Cambridge Future Tech, Moonfire, AQVC, and Carta share a masterclass on fund construction, scenario planning, and modeling with Fund Forecasting., Host the world live on your website. (348 words)
- [FA Certification Program](/content/events/fa-certification-program/index-2.html): Carta's free FA Certification Program offers video training modules on the fund administration platform, covering capital calls, financials, tax, and more. (396 words)
- [Beyond the Spreadsheets: Achieve Clarity with LP Portfolio Analytics](/content/events/clarity-lp-portfolio-analytics/index-2.html): Carta CEO Henry Ward introduces LP Portfolio Analytics, powered by its Accelex acquisition, giving institutional LPs automated data aggregation and portfolio insights., Host the world live on your website. (375 words)
- [Startup Taxes 101: Strategies for Navigating Equity and Startup Growth](/content/events/startup-taxes-101-equity-growth/index-2.html): Part two of Carta's startup tax series covers long-term equity strategy, 83(b) elections, QSBS timing, and tax prep for due diligence and eventual exits., Host the world live on your website. (368 words)
- [Q2 Venture Capital Review: Startup Rebound?](/content/events/25q2-venture-capital-review/index-2.html): Lightspeed's Mercedes Bent and Carta's Ashley Neville break down Q2 2025 fundraising, dilution, and exit data to gauge startup optimism., Host the world live on your website. (238 words)
- [VC Fund Performance Q1 2025 (Virtual Event)](/content/events/vc-fund-performance-2025-q1/index-2.html): Carta's Peter Walker reviews Q1 2025 VC fund performance data, including IRR, TVPI, and DPI trends from over 2,500 US venture funds., Host the world live on your website. (68 words)
- [VC Masterclass: Setting a Target Fund Size](/content/events/vc-masterclass-fund-size/index-2.html): This VC Masterclass session covers how to set a target fund size and the operational considerations that shape a fund's performance., Host the world live on your website. (155 words)
- [VC Masterclass: Navigating Liquidity and LP Communication in 2026](/content/events/vc-masterclass-liquidity-lp-communication/index-2.html): Carta, Hannah Grey, and Kline Hill Partners discuss 2025 fund performance, liquidity strategy, and LP communication in a constrained exit environment., Host the world live on your website. (396 words)
- [Unlock Firm Insights and Clarity with Carta’s Data Warehouse](/content/events/carta-data-warehouse/index-2.html): Carta CEO Henry Ward and Product Manager Annette Faynburd introduce the Data Warehouse, giving CFOs and GPs no-code querying and benchmarking tools., Host the world live on your website. (302 words)
- [Carta Tax | Resources Library](/content/carta-tax-resources/index.html): Get instant access to Carta Tax PDFs and resources. (139 words)
- [Startup Taxes 101: Tax Essentials for Every Founder](/content/events/startup-taxes-101-essentials/index-2.html): The first session in Carta's startup tax series covers tax basics, entity setup, equity compensation types, and key deadlines for first-time founders., Host the world live on your website. (213 words)
- [A VC & Founder’s Journey from Fundraising to Strategic Partnership](/content/events/vc-founder-partnership/index-2.html): A VC and founder share candid insights on building a lasting partnership after fundraising, covering data sharing, trust, and investor communication., Host the world live on your website. (146 words)
- [The Modern Audit Playbook: Roles, Valuations, and Platform Power](/content/events/2025-audit-playbook/index-2.html): Audit and valuation experts share a practical guide to 2025 audit readiness, covering stakeholder collaboration, documentation, and common valuation pitfalls., Host the world live on your website. (308 words)
- [Unlock Fast, Audit-Defensible Portfolio Valuations](/content/events/audit-defensible-portfolio-valuations/index-2.html): Carta CEO Henry Ward and Product Lead Sharanya Venkat unveil Portfolio Valuations, a solution for faster, audit-defensible private market valuations., Host the world live on your website. (292 words)
- [The New Dynamics of Venture, Private Equity, and Credit: Five Trends Shaping the Private Market](/content/events/five-trends-private-market/index-2.html): Carta's Insights team and Sourcery's Molly O'Shea break down five trends reshaping venture, private equity, and credit markets in Q3 2025., Host the world live on your website. (247 words)
- [Inside Carta FA: Driving Efficiency in Fund Operations and Investor Relations](/content/events/inside_carta_fund_admin/index-2.html): Carta leaders walk through the Fund Administration platform's capital call workflows, portfolio visualization, and investor relationship tools for modern fund managers., Host the world live on your website. (315 words)
- [The 2026 Comp Playbook: Precision Budgeting, AI Skills, and Data-Driven Hiring](/content/events/compensation-playbook-2026/index-2.html): Business leaders and a Carta product expert share tactics for precision compensation budgeting, pricing AI skills, and using data to guide 2026 hiring decisions., Host the world live on your website. (246 words)
- [VC Fund Performance 2025](/content/events/fund-performance-2025/index-2.html): Carta's Peter Walker analyzes 2025 VC fund performance data, including IRR, TVPI, and DPI trends from over 2,700 US venture funds., Host the world live on your website. (221 words)
- [What's New, What's Next: Delivering Firm-wide Clarity](/content/events/fund-admin-25-q4/index.html): Carta CEO Henry Ward recaps 2025 product launches for the office of the Fund CFO, including GP experience upgrades, custom reporting, and AI data collection., Host the world live on your website. (294 words)
- [Driving Fund Decisions with Visual Accounting](/content/events/fund-decisions-visual-accounting/index-2.html): Carta CEO Henry Ward and Sahas Singh introduce Visual Accounting, an interactive operating surface built on the Entity Map for tracking fund waterfalls., Host the world live on your website. (419 words)
- [What’s New, What’s Next: The Connected ERP for Private Capital](/content/events/fund-admin-26-q1/index-2.html): Carta leaders demo new ERP features for private capital, covering Fund of Funds tools, expense allocations, portco data collection, and deal and LP CRMs., Host the world live on your website. (386 words)
- [Fund Economics: Demystifying Operations, Fees, and Expenses](/content/events/fund-economics-report-2025/index-2.html): Carta's Insights team shares findings from its first Fund Economics Report, covering capital calls, deployment rates, management fees, and carry across 2,000 funds., Host the world live on your website. (258 words)
- [Driving Digital Transformation in the Middle Office](/content/events/digital-transformation-middle-office/index-2.html): Carta explains how digitizing middle-office workflows can turn manual portfolio monitoring, valuations, and reporting into a competitive, data-driven advantage., Host the world live on your website. (213 words)
- [Introducing Carta's Plugins for Claude](/content/events/carta-plugins-for-claude/index.html): Carta introduces plugins for Claude, giving fund managers a way to query live fund data and metrics directly through natural-language AI conversations., Host the world live on your website. (394 words)
- [RAISE Emerging Manager Fund Analysis](/content/events/raise-fund-analysis/index-2.html): Scott Dubin of RAISE and Carta's Peter Walker discuss top-decile fund performance among emerging VC managers and shifting fund economics under LP pressure., Host the world live on your website. (233 words)
- [Cap Tables and Dilution for Startup Founders](/content/events/cap-tables-for-startup-founders/index-2.html): Carta, shipshape.vc, and Goodwin break down real funding scenarios, covering term sheets, valuations, option pools, and founder equity decisions., Host the world live on your website. (296 words)
- [Fundraising in 2026: Benchmarks, Trends, and What’s Different Now](/content/events/fundraising-in-2026/index-2.html): Carta's Director of Insights and a Madrona venture partner analyze 2025 fundraising trends, including bridge rounds, dilution, and AI startup valuations., Host the world live on your website. (280 words)
- [PE Compensation Series with Davis Polk, Part 3: Management Rollovers and Incentive Equity Structures for Portfolio Companies](/content/events/pe-compensation-series-rollovers-incentive-equity/index-2.html): Davis Polk and Carta experts dive into management equity rollovers, incentive pool structures, and vesting terms in private-equity-backed deals., Host the world live on your website. (423 words)
- [From Paper to Portfolio: The Executive’s IPO Playbook to Shift from Private‑to‑Public](/content/events/executive-ipo-playbook-with-morgan-stanley/index-2.html): Carta and Morgan Stanley experts discuss the executive's IPO playbook, covering tax obligations, 10b5-1 trading plans, and portfolio diversification., Host the world live on your website. (579 words)
- [The Non-Dilutive Capital Stack](/content/events/non-dilutive-capital-stack/index.html): Founders and lenders discuss how capital-intensive tech companies build non-dilutive capital stacks, from venture debt to credit readiness., Host the world live on your website. (407 words)
- [Q1 Venture Capital Review: From SAFEs to Exits](/content/events/25q1-venture-capital-review/index-2.html): Carta's Insights team breaks down Q1 2025 data on fundraising volume, dilution, and exits from the State of Pre-Seed and State of Private Markets reports., Host the world live on your website. (229 words)
- [From First Meeting to Final Close: The Power of a Connected CRM](/content/events/connected-crm/index.html): Carta CEO Henry Ward and Head of CRM Ihar Valodzin demo Carta's new CRM, connecting deal flow and LP relationships to fund performance data., Host the world live on your website. (445 words)
- [Founder Insights on the New Era of Software as an Action](/content/events/modern-stack-founder-insights/index.html): Carta's VP of Product and a panel of founders discuss how agentic AI is transforming legal, accounting, and board services for the modern professional stack., Host the world live on your website. (434 words)
- [Australian Budget 2026: New Caps, New Rules and Your Next Move](/content/events/australian-budget-2026/index.html): A panel breaks down Australia's 2026-27 Federal Budget, covering new regulatory and tax changes affecting fund structure, licensing, and capital raising., Host the world live on your website. (351 words)
- [Introducing Carta Law: AI-Native Legal & Compliance Operations for Private Capital](/content/events/carta-law/index-2.html): Carta introduces Carta Law, an AI-native legal and compliance platform for private capital, discussed by CEO Henry Ward and Carta Law's James Sutton., Host the world live on your website. (307 words)
- [What’s New, What’s Next: Optimize How You Run, Raise, and Close Your Fund](/content/events/whats-new-fund-admin-26-q2/index-2.html): Carta leaders demo new ERP features for private capital, including a visual accounting dashboard, in-app CRM agents, and document intelligence tools., Host the world live on your website. (240 words)
- [Running a Smarter Fund with AI: From Fund Data to Faster Decisions](/content/events/smarter-fund-with-ai/index-2.html): Carta leaders demo how AI is reshaping fund operations, from back-office workflows to investment decisions, including Carta's new Claude plugins., Host the world live on your website. (371 words)
- [Capital Is Up. Hiring Is Down. The New Rules of Startup Comp.](/content/events/new-rules-startup-comp-2026/index-2.html): Sequoia and Carta experts break down the latest data on capital, hiring, and equity compensation trends shaping startup pay in 2026., Host the world live on your website. (251 words)
- [Congress, Compliance & Venture Capital: A Fund Manager's Guide to the Shifting Policy Landscape](/content/events/congress-compliance-venture-capital/index.html): Policy experts discuss how shifting capital formation and AI regulations, including the INVEST Act and SEC agenda, affect fund managers and portfolios., Host the world live on your website. (343 words)
- [The MENA Private Markets Playbook: Cap Tables, SPVs, and the Infrastructure Behind the Deal](/content/events/mena-private-markets-playbook/index.html): Carta and Zest experts break down cap tables, SPV operations, and the infrastructure private markets need to scale deals across the MENA region., Host the world live on your website. (323 words)
- [IPO Readiness in 2026: The Market Outlook and How AI Is Rewriting the IPO Timeline](/content/events/ipo-readiness-in-2026/index.html): Carta and Morgan Stanley leaders discuss IPO readiness in 2026, covering AI-driven market shifts, investor priorities, and operational readiness., Host the world live on your website. (441 words)
- [First Cut – State of Private Markets: Q1 2023 | Carta](/content/data/first-cut-state-of-private-markets-q1-2023/index.html): In Q1 2023, fundraising continued to decline at most stages while valuations rebounded at Series A and B. Learn more in our preview report. (489 words)
- [Series B Valuations Ticked Up 10% in Q1, the Largest Leap Since 2021](/content/data/series-b-valuations-q1-2023/index-2.html): For the first time in a year, Series B valuations are trending up. (317 words)
- [As VC deals shrink, convertible fundraisings are on the rise | Carta](/content/data/convertible-fundraisings-q1-2023/index-2.html): To lengthen runway and avoid a down round, startups are increasingly embracing SAFEs and convertible notes. (1,202 words)
- [Venture scouting – networks-based investing](/content/learn/private-funds/structures/venture-scouts/index-2.html): Venture scouts are individuals external to a VC firm, who are able to identify promising startups at the early stage and pass on deal flow to venture firms. (840 words)
- [Deal by Deal: What it is and why it's booming.](/content/learn/private-funds/structures/spv/deal-by-deal/index-2.html):  Learn more about deal-by-deal investment vehicles and why they are booming. (810 words)
- [Annual Equity Report 2021 by Carta](/content/data/equity-report-2021/index-2.html): Analysis of equity distribution by gender, race, and ethnicity (3,889 words)
- [Where to set up your fund: A comparative guide for fund managers](/content/blog/fund-jurisdictions-comparison/index-2.html): Choosing the right jurisdiction depends on your fund's goals, investor base, and regulatory preferences. Here is a breakdown of six non-U.S./Europe regions favored by fund managers.
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- [SEC outlines exam priorities & signals on 401(k) access to alts](/content/policy/policy-weekly-11-21-25/index-2.html): SEC outlines exam priorities tied to retail access, pushes policy changes to expand 401(k) exposure to alts, while Reg S-P compliance looms and Trump renews calls for unified federal AI standards.
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- [State of Private Markets: Q4 2021 and year in review | Carta](/content/data/state-of-private-markets-report-q4-2021/index-2.html): Carta regularly shares insights from our private market data to help investors, founders, and employees make decisions. Here are the trends and benchmarks we saw in 2021. (2,301 words)
- [RVPI Explained: The Key to Interim Fund Performance](/content/learn/private-funds/management/fund-performance/rvpi/index-2.html): Learn what RVPI (residual value to paid-in capital) is, how to calculate it, and why this key metric is crucial for measuring unrealized value and fund performance. (2,212 words)
- [Carta Policy: Weekly Brief for July 29 | Carta](/content/policy/policy-weekly-07-29-22/index-2.html): Major breakthrough on tax and climate package. Proposed bill includes tax hike on carried interest, but QSBS and IRA private investment spared. (826 words)
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- [Government reopens, but key agencies remain behind](/content/policy/policy-weekly-11-14-25/index-2.html): Congress ends the record-setting shutdown, but agency backlogs and unresolved programs linger, while the SEC and Senate make moves on crypto policy and CFPB funding faces major legal and operational threats. (1,508 words)
- [Carta Partners with Compound for API Integration | Carta](/content/product-updates/compound-api-carta-integration/index-2.html): Carta partners with wealth management company, Compound, in its latest API integration, allowing customers to see their entire asset portfolio in one place. (476 words)
- [How SageView Advisory Group Improved Efficiency and Compliance with Carta](/content/customer-stories/sageview-advisory-group/index-2.html): Following a significant investment from a private equity firm in 2020, SageView Advisory Group, a California-based registered investment advisor (RIA), faced challenges managing its newly complex equity structure. (616 words)
- [Admin eyes 401(k) to boost homeownership while prepping to expand investment in alts](/content/policy/policy-weekly-01-20-26/index-2.html): The White House eyes 401(k) withdrawals to support homeownership as regulators move to expand retail access to alts, Senate crypto talks stall, and the SBA modernizes SBIC rules to boost capital deployment. (1,561 words)
- [Carta Policy: Regulators outline risks of digital assets | Carta](/content/uk/en/policy/policy-weekly-10-07-22/index.html): Midterm election dynamics and their impact on broader agenda (2,154 words)
- [Private Company Valuations: How to Value a Private Company](/content/sg/en/learn/startups/equity-management/private-company-valuations/index-2.html): This article explains private company valuations, including what they are, when you need one for fundraises or stock options, and how the valuation process works. (2,665 words)
- [HFSC leadership clashes as the stablecoin debate heats up | Carta](/content/uk/en/policy/policy-weekly-05-19-23/index.html): AI gets its day on the Hill, and seems to be a bipartisan rallying point. (1,466 words)
- [Senate prepares to move on crypto while government shutdown threat looms](/content/policy/policy-weekly-01-27-26/index-2.html): Senate Ag advances crypto market structure bill without bipartisan support, Trump makes affordability pitch at Davos, California launches VC diversity site, and AI risks spark urgent calls for federal action. (1,346 words)
- [State of Private Markets, Q3 2022 - Carta](/content/data/state-of-private-markets-q3-2022/index-2.html): Investors continued their retreat from the venture sector in Q3. (2,957 words)
- [Federal government shutters with implications for private capital ecosystem](/content/policy/policy-weekly-10-03-25/index-2.html): The federal government shutdown halts regulatory progress impacting private capital and startups, California's landmark AI law sets a new standard for transparency, and the SEC clarifies crypto custody rules for advisers and funds. (1,075 words)
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- [Transfer Agent Terms and Conditions | Legal Hub](/content/legal/terms-agreements/transfer-agent-terms-and-conditions/index-2.html): These Transfer Agent Terms and Conditions (these “Transfer Agent Terms”) govern the transfer agent services under the Master Subscription Agreement (the “Agreement”) between Carta and the Customer.  Defined terms not otherwise defined in these Transfer Agent Terms shall have the meanings assigned to them in the Agreement. (2,263 words)
- [AI-Driven Data Extraction: Unlocking Unstructured Private Market Data for Investors](/content/blog/unstructured-private-market-data-extraction/index-2.html): Unlock unstructured private market data with AI-powered extraction tools built for speed, accuracy, and strategic insight. (1,530 words)
- [QSBS Terms and Conditions | Legal Hub](/content/legal/terms-agreements/qsbs-terms-conditions/index-2.html): By executing an Order Form that references these QSBS Terms and Conditions (this “Agreement”), you agree to terms and conditions in this Agreement and will be referred to as “you” or “Customer” in this Agreement. (1,836 words)
- [HRIS Integrations Terms and Conditions](/content/legal/terms-agreements/hris-integrations-terms-conditions/index-2.html): Carta's platform of software and services helps people manage equity, build businesses, and invest in the companies of tomorrow. Learn more. (2,477 words)
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- [The geography of venture capital: Issue brief | Carta](/content/policy/issue-brief-vc-geography/index-2.html): Venture capital is the economic and innovation engine of America. Its reach should extend beyond the traditional coastal hubs. (1,266 words)
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- [Carta Europe Terms of Use | Legal Hub](/content/legal/terms-agreements/carta-europe-terms-use/index-2.html): These Terms of Use, together with any other information referred to in it, (the “Agreement”) is an agreement between Vauban Technologies Limited (“we” or “Carta Europe”), and you as a natural person (“you”), and contains the terms and conditions that govern your access to and use of the Website, its content, services, documents, information and applications (“the Services”), to which you may have access by using the website https://carta.com/uk/en/ and associated pages and sites (“the Website”, “our site”), or otherwise. (2,472 words)
- [Equity Advisory Terms of Service Addendum | Legal Hub](/content/legal/terms-agreements/equity-advisory-terms-service-addendum/index-2.html): This Addendum (“Addendum”) modifies and is incorporated into the Terms of Service by and between Customer (“you”, or “your”) and eShares, Inc. DBA Carta, Inc. (“Carta”, “we” , “us”, “our”) and contains additional terms in connection with our educational equity advisory service (“Equity Advisory Service”).  (1,309 words)
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- [How Starport Capital Powers Portfolio Construction with Strategic Data from Fund Forecasting](/content/customer-stories/starport-capital/index-2.html): Starport Capital, a Palo Alto, California-based venture capital firm founded in 2011, specializes in secondary investments, buying shares from private employees to provide investors with unique access to rising companies.  (915 words)
- [Carta Law Terms of Use | Legal Hub](/content/legal/terms-agreements/carta-law-terms-of-use/index-2.html): This Terms of Use Agreement ("Agreement") is a legal agreement between you and Carta Law. (1,174 words)
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- [Business Valuations Terms and Conditions | Legal Hub](/content/legal/terms-agreements/business-valuations-terms-conditions/index-2.html): By executing an Order Form that references these Business Valuations Terms and Conditions (these “Valuations Terms”), you agree to these Valuations Terms and will be referred to as “you” or “Customer” in these Valuations Terms. “Party” or “Parties” shall mean, individually, Customer or Carta Valuations LLC (“Carta Valuations”) as the context requires and, collectively, Customer and Carta Valuations. (2,120 words)
- [Fast SAFE fundraising | Carta](/content/product-updates/fast-safe-fundraising/index-2.html): With Carta’s updated SAFE financings workflow, your investors can fund your startup with a single click. (400 words)
- [Equity Transaction Payment Terms | Legal Hub](/content/legal/terms-agreements/equity-transaction-payment-terms/index-2.html): By electing to enable security holders to pay for or purchase securities, including but not limited to options exercises, utilizing Carta’s payments features, Customer is agreeing to these Equity Transaction Payment Terms (“Terms”), which are in addition to the terms in the Master Subscription Agreement (“MSA”) in place between Customer and Carta. (1,788 words)
- [SAFE Investment Terms for Canadian Companies | Legal Hub](/content/legal/terms-agreements/safe-investment-terms-canadian-companies/index-2.html): By accessing and using the SAFE financing tool (the “SAFE Tool”) offered by eShares, Inc. DBA Carta, Inc. (“Carta”) on the Carta website and the information and materials therein (the “Content”), Customer is agreeing to these SAFE Investment Terms for Canadian Companies (“Terms”), which are in addition to the terms in the Master Subscription Agreement (“MSA”) in place between Customer and Carta. Capitalized terms used but not defined herein shall have the meaning ascribed to such terms in the MSA. (479 words)
- [Why Blumberg Capital Chose Carta for Fund Administration ](/content/customer-stories/blumberg-capital/index-2.html): Steve Gillan, COO and CFO of Blumberg Capital, shares why, after an extensive "bake off", he chose Carta for Fund Administration and LP reporting.  (55 words)
- [Equity Advisory Product-Specific Terms | Legal Hub](/content/legal/terms-agreements/equity-advisory-product-specific-terms/index-2.html): The Agreement consists of these Carta Equity Advisory Product Specific Terms (which may be updated from time to time), the eShares, Inc. DBA Carta, Inc. (“Carta”) Master Subscription Agreement (the “MSA”) that Customer accepted, and any additional terms Carta or its Affiliates present when an order is placed. (830 words)
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- [Request a demo | Carta Fund Formations](/content/demo/fund-formations/index.html): Request a demo of Carta's platform and learn more about fund formations. (93 words)
- [Event Code of Conduct | Legal Hub](/content/legal/terms-agreements/event-code-of-conduct/index-2.html): By attending a Carta event (in-person or virtual), including any of the events or activities organized by Carta in association with the Carta event (collectively the “Event”), you represent that you have read, understand and agree to the following Carta Event Code of Conduct (hereinafter “Code of Conduct”).This Code of Conduct applies to all attendees, speakers, exhibitors, sponsors, organizers, staff, and volunteers (collectively “Event Participants”) at the Event. (562 words)
- [Third Party Data Integration Terms and Conditions | Legal Hub](/content/legal/terms-agreements/third-party-data-integration-terms-and-conditions/index-2.html): These Third Party Data Integration Terms and Conditions incorporate the eShares, Inc. DBA Carta, Inc. (“Carta”) Master Subscription Agreement (the “MSA”) between Carta and Customer, Carta Terms of Service (https://carta.com/terms-of-service/), and Carta Privacy Policy (https://carta.com/privacy/) (collectively, “Data Integration Terms”). (432 words)
- [Carta Europe Document Generation Terms and Conditions](/content/legal/terms-agreements/carta-europe-document-generation-terms/index-2.html): Carta Europe Document Generation Terms and Conditions (444 words)
- [IPO Preparation Guide | Carta](/content/learn/resources/ipo-preparation-guide/index-2.html): Download Carta’s free IPO Preparation Guide to navigate financial audits, SEC filings, and investor roadshows. Get checklists and tips to prepare for your company’s public debut. (155 words)
- [Document Generation Terms and Conditions | Legal Hub](/content/legal/terms-agreements/document-generation-conditions/index-2.html): By downloading, using or viewing document templates made available by eShares, Inc. dba Carta, Inc. or its affiliates (collectively, “Carta”) or generating any documents through the Carta platform (collectively, “Document Templates”), you acknowledge and agree to the following terms of use (these “Terms”). (559 words)
- [Electronic Signature Terms and Conditions | Legal Hub](/content/legal/terms-agreements/electronic-signature-terms-conditions/index-2.html): By agreeing to this Electronic Signature Agreement (this “Agreement”), you consent to using electronic signatures on Carta (the “Company”), and you are signing this Agreement electronically. You agree your electronic signature is the legal equivalent of your manual signature on this Agreement, and you consent to be legally bound by this Agreement’s terms and conditions. (730 words)
- [Supplier Code of Conduct | Legal Hub](/content/legal/supplier-information/supplier-code-conduct/index-2.html): Carta is committed to the highest standards of social responsibility and ethical conduct. We rely on our employees as well as our Suppliers to maintain our high ethical standards. (1,752 words)
- [Carta Europe Billing | Legal Hub](/content/legal/terms-agreements/carta-europe-billing/index.html): Carta Europe products are sold via Vauban Technologies Limited, a UK-registered company serving clients in the UK and other countries within and outside the EU. Vauban Technologies Limited is VAT-registered in the UK. (282 words)
- [Carta Offer Terms and Conditions | Legal Hub](/content/legal/terms-agreements/carta-offer-terms-and-conditions/index.html): Carta Offer terms and conditions (235 words)
- [Cookie Policy | Legal Hub](/content/legal/privacy/cookie-policy/index-2.html): Our website, and other Carta websites (collectively “the website”) uses cookies and other related technologies (for convenience all technologies are referred to as “cookies”). (1,463 words)
- [Vauban Cookies Policy | Legal Hub](/content/legal/privacy/vauban-cookie-policy/index-2.html): Our website uses cookies to distinguish you from other users of our website. This helps us to provide you with a good experience when you browse our website and also allows us to improve our site. (1,066 words)
- [Vauban Privacy Policy | Legal Hub](/content/legal/privacy/vauban-privacy-policy/index-2.html): Vauban Technologies Limited respects your privacy and is committed to protecting your personal data. This privacy policy will inform you as to how we look after your personal data when you visit our websites (https://www.vauban.io/, https://dashboard.vauban.io/ and https://structurer.vauban.io) (regardless of where you visit it from) and tell you about your privacy rights and how the law protects you. (612 words)
- [Current Sub-processors on Carta | Legal Hub](/content/legal/privacy/sub-processors/index-2.html): See the list of current sub-processors on Carta. (586 words)
- [Brazil Pay Transparency | Legal Hub](/content/legal/compliance/brazil-pay-transparency/index-2.html): Brazil salary transparency and remuneration criteria report  (1,129 words)
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- [Carta Europe Email Policy | Legal Hub](/content/legal/privacy/carta-europe-email-policy/index.html): Emails from Carta Europe: When you sign up with Carta Europe, we will ask you for your consent to enroll you in our subscription lists, including, but not limited to: product, support, promotions, and sales-related emails. (279 words)
- [Creating Value through Connection](/content/blog/private-market-connections/index-2.html): Connection is a big theme for the Carta R&D team in 2025. Through connection we drive speed, time savings, and insights. Here’s how we’re building connections across the private markets—starting with fund administration. (663 words)
- [Carta Law Complaints Policy | Legal Hub](/content/legal/compliance/carta-law-legal-regulatory-information/index-2.html): We aim to provide a high-quality service to all of our clients at all times. If you have any concerns with our service, the level of our fees, or with the way in which we have dealt with any matter we have worked on, please first contact your Lead Lawyer or other primary relationship contact, who will handle your complaint or refer it internally to an appropriate member of staff.  (213 words)
- [Modern Slavery Act | Legal Hub](/content/legal/compliance/modern-slavery-act/index-2.html): As a provider of legal services, we do not have long or complex supply chains - our main suppliers are providers of office supplies and support services (such as reprographics, transcription services, printing and scanning), IT and technology services and equipment and facilities management. We are nevertheless committed to preventing acts of modern slavery and human trafficking from occurring within both our business and our supply chain. (451 words)
- [Carta Law Complaints Policy | Legal Hub](/content/legal/compliance/carta-law-complaints-policy/index-2.html): We aim to provide a high-quality service to all of our clients at all times. If you have any concerns with our service, the level of our fees, or with the way in which we have dealt with any matter we have worked on, please first contact your Lead Lawyer or other primary relationship contact, who will handle your complaint or refer it internally to an appropriate member of staff.  (437 words)
- [Carta Europe Data Security and Privacy | Legal Hub](/content/security/carta-europe-data-security-privacy/index-2.html): Your security is our priority. Carta Europe is designed with data protection at its core. Our internal policies, privacy features and testing protocols ensure your data is managed safely and compliantly. (328 words)
- [Responsible Disclosure Policy | Legal Hub](/content/security/responsible-disclosure-policy/index-2.html): At Carta we are committed to keeping our customers’ data secure and private. We take security seriously and to demonstrate that security is a priority to us we ensure that our Responsible Disclosure Policy allows the independent security researchers an opportunity to engage with us and notify us of potential security threats impacting the safety of our customers’ data., Bugcrowd's bug bounty and vulnerability disclosure platform connects the global security researcher community with your business. Crowdsourced security testing, a better approach! Run your bug bounty programs with us. (699 words)
- [Market Cap Formula: How to Quickly Calculate Market Cap](/content/learn/startups/metrics/market-cap/index-2.html): The market cap formula is used to calculate how much a company is worth. Learn more about what market cap means for stocks, private companies, and crypto. (558 words)
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- [How to review the schedule of investments (SOI) | support.carta.com](/content/support/s/article/review-soi/index.html): How to review the schedule of investments (SOI)At each period end (every quarter or year), Carta will ask you to verify that your schedule of investments (SOI) is current. This means ensuring:All portfolio investments are recorded.Valuations for portfolio investments have been adjusted (up or down) as needed.Any notes that have converted are accurately reflected.Any assets no longer owned by the firm are marked as realized or written off.These updates will feed into your financial statements, IRR, and other performance metrics that your LPs will be able to review. Many firms update this information continuously and simply confirm it at period end, making your SOI review quick and easy. .Within a week of the close of the reporting period, you'll receive an email similar to the one pictured. Click Review the Schedule of Investments in the email.You can also access this task in your Dashboard when you log into your Carta account. (204 words)
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- [Look-through ownership and multi-entity waterfall | Building the ERP for Private Capital](/content/explore-erp/private-equity/look-through-ownership-and-multi-entity-waterfall/index-2.html): Carta generates a visual map of multi-entity ownership and runs a waterfall for any equity value—breaking proceeds down from portfolio companies through to LPs and GPs. (268 words)
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- [Closings | Building the ERP for Private Capital](/content/explore-erp/private-credit/closings/index-2.html): Closings replaces offline subscription processes with a digital workflow—prefilling investor details, tax info, and KYC from Carta—so you can track every LP's status and countersign in bulk. (386 words)
- [Capital calls | Building the ERP for Private Capital](/content/explore-erp/private-credit/capital-calls/index.html): Manage Capital Calls end-to-end on a single platform that calculates contributions, issues LP notices, and tracks payments—with built-in checks that keep each capital call in line with your LPA. (320 words)
- [Carta Legal Hub](/content/sg/en/legal/index-2.html): Access company policies, terms, and related documentation—organized for clarity and convenience. Everything legal, all in one place. (103 words)
- [Visual accounting | Building the ERP for Private Capital](/content/explore-erp/private-credit/visual-accounting/index-2.html): Carta's new homepage is the operational command center for your funds, investments, legal entities, and LPs — a single live view to track portfolio performance, map firm-wide interdependencies, and act on fund administration workflows. (443 words)
- [Management company administration | Building the ERP for Private Capital](/content/explore-erp/private-credit/management-company-administration/index-2.html): Management Company Administration is your firm's command center—tracking cash position, paying vendors with native bill pay, clearing intercompany balances, and tracking spend against budget. (321 words)
- [LP portal | Building the ERP for Private Capital](/content/explore-erp/private-equity/lp-portal/index-2.html): The LP Portal gives your limited partners one consolidated view of their commitments and holdings—including deal IRR, SOI, and transactions—plus a document hub for K-1s, capital call notices, and LPAs. (299 words)
- [GP carry tracking | Building the ERP for Private Capital](/content/explore-erp/private-credit/gp-carry-tracking/index-2.html): GP Carry Tracking links your fund and GP entity in one system of record, updating vested percentages automatically and calculating carry against fund performance so capital account statements stay accurate. (325 words)
- [KYC dashboard | Building the ERP for Private Capital](/content/explore-erp/private-credit/kyc-dashboard/index-2.html): The KYC Dashboard centralizes investor due diligence—collecting LP IDs through secure requests, tracking every LP's verification status, and screening against OFAC and PEP watch lists. (350 words)
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- [Waterfall modeling | Building the ERP for Private Capital](/content/explore-erp/private-equity/waterfall-modeling/index-2.html): Waterfall Modeling anchors your exit scenarios to the live cap table—set an equity value, run distribution rules against the real-time ledger, and see exactly where preferred return hurdles clear. (307 words)
- [LP portal | Building the ERP for Private Capital](/content/explore-erp/private-credit/lp-portal/index-2.html): The LP Portal gives your limited partners one consolidated view of their commitments and holdings—including deal IRR, SOI, and transactions—plus a document hub for K-1s, capital call notices, and LPAs. (302 words)
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- [Integrated expense management with Ramp | Building the ERP for Private Capital](/content/explore-erp/private-equity/integrated-expense-management-with-ramp/index-2.html): Integrated expense management connects Ramp to Carta so expenses post to the right general ledger accounts in real time—categorized, with receipts, and audit-ready. (360 words)
- [LLC cap table management | Building the ERP for Private Capital](/content/explore-erp/private-equity/llc-cap-table-management/index-2.html): LLC Cap Table Management handles complex private-equity ownership—issue equity, trace look-through ownership across entity layers, and run each portfolio company's waterfall from a live cap table. (416 words)
- [Data explorer | Building the ERP for Private Capital](/content/explore-erp/private-equity/data-explorer/index-2.html): Data Explorer unifies ownership and fund data into one environment—pre-built dashboards for deal IRR and fund metrics, custom queries, and an AI Copilot that answers questions. (447 words)
- [Management company administration | Building the ERP for Private Capital](/content/explore-erp/private-equity/management-company-administration/index-2.html): Management Company Administration is your firm's command center—tracking cash position, paying vendors with native bill pay, clearing intercompany balances, and tracking spend against budget. (299 words)
- [Fund Tax | Building the ERP for Private Capital](/content/explore-erp/private-equity/fund-tax/index-2.html): Fund Tax connects your fund financials, investor data, and tax documents so Carta's in-house tax team can prepare accurate K-1s, with a dashboard tracking every return's progress. (423 words)
- [Closings | Building the ERP for Private Capital](/content/explore-erp/private-equity/closings/index-2.html): Closings replaces offline subscription processes with a digital workflow—prefilling investor details, tax info, and KYC from Carta—so you can track every LP's status and countersign in bulk. (410 words)
- [Auditor portal | Building the ERP for Private Capital](/content/explore-erp/private-equity/auditor-portal/index-2.html): The Auditor Portal gives your auditors direct, real-time access to the fund documents they need to complete an audit—organized by entity, year, and audit area. (363 words)
- [KYC dashboard | Building the ERP for Private Capital](/content/explore-erp/private-equity/kyc-dashboard/index-2.html): The KYC Dashboard centralizes investor due diligence—collecting LP IDs through secure requests, tracking every LP's verification status, and screening against OFAC and PEP watch lists. (350 words)
- [Automated money movement | Building the ERP for Private Capital](/content/explore-erp/private-equity/automated-money-movement/index-2.html): Automated Money Movement for Distributions streamlines your fund distribution process, eliminating redundant individual wire approvals while giving you and your investors real-time payment visibility. (385 words)
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- [Portfolio valuations | Building the ERP for Private Capital](/content/explore-erp/private-equity/portfolio-valuations/index-2.html): Portfolio Valuations connects your live cap table, market data, and methodology blending in one dashboard—finalize to update the SOI and post journal entries without leaving Carta. (423 words)
- [Visual accounting | Building the ERP for Private Capital](/content/explore-erp/private-equity/visual-accounting/index-2.html): Carta's new homepage is the operational command center for your funds, investments, legal entities, and LPs — a single live view to track portfolio performance, map firm-wide interdependencies, and act on fund administration workflows. (416 words)
- [GP carry tracking | Building the ERP for Private Capital](/content/explore-erp/private-equity/gp-carry-tracking/index-2.html): GP Carry Tracking links your fund and GP entity in one system of record, updating vested percentages automatically and calculating carry against fund performance so capital account statements stay accurate. (333 words)
- [Fund Forecasting | Building the ERP for Private Capital](/content/explore-erp/venture-capital/fund-forecasting/index-2.html): Fund Forecasting builds your fund model with a construction wizard and live cap table data—projecting pacing, deployment, and performance like DPI, TVPI, and net IRR against your actuals. (518 words)
- [Capital calls | Building the ERP for Private Capital](/content/explore-erp/private-equity/capital-calls/index-2.html): Manage Capital Calls end-to-end on a single platform that calculates contributions, issues LP notices, and tracks payments—with built-in checks that keep each capital call in line with your LPA. (320 words)
- [Data explorer | Building the ERP for Private Capital](/content/explore-erp/venture-capital/data-explorer/index-2.html): Data Explorer unifies ownership and fund data into one environment—pre-built dashboards for deal IRR and fund metrics, custom queries, and an AI Copilot that answers questions. (447 words)
- [Closings | Building the ERP for Private Capital](/content/explore-erp/venture-capital/closings/index-2.html): Closings replaces offline subscription processes with a digital workflow—prefilling investor details, tax info, and KYC from Carta—so you can track every LP's status and countersign in bulk. (386 words)
- [Auditor portal | Building the ERP for Private Capital](/content/explore-erp/venture-capital/auditor-portal/index-2.html): The Auditor Portal gives your auditors direct, real-time access to the fund documents they need to complete an audit—organized by entity, year, and audit area. (384 words)
- [Integrated expense management with Ramp | Building the ERP for Private Capital](/content/explore-erp/venture-capital/integrated-expense-management-with-ramp/index-2.html): Integrated expense management connects Ramp to Carta so expenses post to the right general ledger accounts in real time—categorized, with receipts, and audit-ready. (363 words)
- [Waterfall modeling | Building the ERP for Private Capital](/content/explore-erp/venture-capital/waterfall-modeling/index-2.html): Waterfall Modeling anchors your exit scenarios to the live cap table—set an equity value, run distribution rules against the real-time ledger, and see exactly where preferred return hurdles clear. (307 words)
- [Fund Tax | Building the ERP for Private Capital](/content/explore-erp/venture-capital/fund-tax/index-2.html): Fund Tax connects your fund financials, investor data, and tax documents so Carta's in-house tax team can prepare accurate K-1s, with a dashboard tracking every return's progress. (421 words)
- [Visual accounting | Building the ERP for Private Capital](/content/explore-erp/venture-capital/visual-accounting/index-2.html): Carta's new homepage is the operational command center for your funds, investments, legal entities, and LPs — a single live view to track portfolio performance, map firm-wide interdependencies, and act on fund administration workflows. (416 words)
- [Portfolio valuations | Building the ERP for Private Capital](/content/explore-erp/venture-capital/portfolio-valuations/index-2.html): Portfolio Valuations connects your live cap table, market data, and methodology blending in one dashboard—finalize to update the SOI and post journal entries without leaving Carta. (445 words)
- [Lawmakers Rethink Crypto Regulation Following FTX Meltdown](/content/uk/en/policy/policy-weekly-11-18-22/index.html): Committees seek to grill Sam Bankman-Fried. (1,513 words)
- [Management company administration | Building the ERP for Private Capital](/content/explore-erp/venture-capital/management-company-administration/index-2.html): Management Company Administration is your firm's command center—tracking cash position, paying vendors with native bill pay, clearing intercompany balances, and tracking spend against budget. (299 words)
- [Visual accounting | Building the ERP for Private Capital](/content/explore-erp/private-equity/index-2.html): Carta's new homepage is the operational command center for your funds, investments, legal entities, and LPs — a single live view to track portfolio performance, map firm-wide interdependencies, and act on fund administration workflows. (413 words)
- [What is a Buyout Fund? Types of Transactions & Strategies](/content/learn/private-funds/private-equity/strategies/buyout-funds/index-2.html): Learn about the operational lifecycle of a buyout fund, including common deal structures and value creation levers and the operational and compliance requirements for your firm. (1,819 words)
- [Visual accounting | Building the ERP for Private Capital](/content/explore-erp/venture-capital/index-2.html): Carta's new homepage is the operational command center for your funds, investments, legal entities, and LPs — a single live view to track portfolio performance, map firm-wide interdependencies, and act on fund administration workflows. (443 words)
- [LP portal | Building the ERP for Private Capital](/content/explore-erp/venture-capital/lp-portal/index-2.html): The LP Portal gives your limited partners one consolidated view of their commitments and holdings—including deal IRR, SOI, and transactions—plus a document hub for K-1s, capital call notices, and LPAs. (293 words)
- [GP carry tracking | Building the ERP for Private Capital](/content/explore-erp/venture-capital/gp-carry-tracking/index-2.html): GP Carry Tracking links your fund and GP entity in one system of record, updating vested percentages automatically and calculating carry against fund performance so capital account statements stay accurate. (317 words)
- [Capital calls | Building the ERP for Private Capital](/content/explore-erp/venture-capital/capital-calls/index-2.html): Manage Capital Calls end-to-end on a single platform that calculates contributions, issues LP notices, and tracks payments—with built-in checks that keep each capital call in line with your LPA. (320 words)
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 (1,274 words)
- [Carta Policy: How midterms could impact capital markets | Carta](/content/uk/en/policy/policy-weekly-10-14-22/index.html): How the election could impact capital markets policy next Congress (2,101 words)
- [What is Value Creation? From Portfolio Strategy to Reporting](/content/learn/private-funds/private-equity/strategies/value-creation/index-2.html): Learn about the private equity value creation process, including building a strategic plan, executing on growth levers, and connecting portco performance with fund-level returns. (1,845 words)
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- [How safe is your SAFE in the QFC?](/content/blog/safes-qfc/index-2.html): Explore the reliability of SAFEs in Qatar's evolving VC ecosystem. Find out how the QFC provides a viable legal framework for startups and investors, ensuring the enforceability of SAFEs despite Sharia principles. (1,350 words)
- [Why Your Cap Table and Waterfall Must Be Natively Connected](/content/blog/llc-cap-table-waterfall/index-2.html): Disconnected cap tables and waterfall models slow deals and add risk. Learn why PE-backed LLCs need a connected equity system for investor readiness. (1,311 words)
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- [LP Investor Pitch Deck: Free Template for Fund Managers](/content/learn/private-funds/management/portfolio-management/investor-pitch-deck/index-2.html): Learn how private funds can craft a standout investor pitch deck for raising capital from LPs. Get best practices, free templates, and pitch deck examples. (1,179 words)
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- [New VC funds are relying more than ever on their anchor investors](/content/data/vc-funds-anchor-investors-2024/index-2.html): This anchor check can provide a strong financial base for the rest of the fund, and a consequential investment from a key LP can send a strong signal to the rest of the market about a new fund’s viability.  (1,124 words)
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- [For venture fund LPs, DPI is ‘the metric that rules them all’](/content/data/vc-dpi-2024/index-2.html): Distributions to paid-in capital, which measures how much capital a fund has returned from exiting its investments, is a key metric for limited partners. (1,012 words)
- [AI, automation, and global scale: How the smartest startups operate today](/content/blog/ai-automation-global-scale/index-2.html): Startups in Singapore are scaling across borders faster than ever. Understand what it really takes to scale internationally in the new AI era. (506 words)
- [Subscription Payment Terms of Service | Legal Hub](/content/legal/terms-agreements/subscription-payment-terms-of-service/index-2.html): These terms and conditions (the “Payment Terms”) between you and eShares, Inc. DBA Carta, Inc., and our current or future affiliates (“Carta,” or “we” or “us”) apply to any payment you make to us using a bank account, credit card, or debit card for subscription (“Subscription”) to the services we offer and one-time purchases (collectively referred to as “Service(s)”). (2,715 words)
- [PE Connected Clarity Playbook | Carta](/content/learn/resources/pe-connected-clarity-playbook/index-2.html): Download Carta's free digital transformation playbook for PE firms and learn how to implement cutting-edge technologies like AI for improved clarity and efficiency. (148 words)
- [Multiple on Invested Capital (MOIC): How to Calculate MOIC](/content/learn/private-funds/management/fund-performance/moic/index-2.html): Learn how to calculate multiple on invested capital (MOIC) as well as what differentiates it from other key fund performance metrics. (756 words)
- [PE in 2030: AI Whitepaper | Carta](/content/learn/resources/pe-2030-ai-whitepaper/index.html): Learn how to future-proof your PE fund operations with Carta's free whitepaper. Discover how AI is transforming private equity back offices with automation, precision, and real-time insights. (327 words)
- [How Distributions to Paid-In (DPI) Works in Private Equity & VC](/content/learn/private-funds/management/fund-performance/dpi/index-2.html): DPI is one of the metrics that private funds use to evaluate a fund’s investment performance and communicate it to the fund’s investors. (723 words)
- [Integrate your HRIS with Carta ](/content/product-updates/hris-integration/index-2.html): Carta now integrates with more than 100 HRIS providers. Some of the benefits are immediate—and others pay off big down the line. (299 words)
- [Request a demo of LP CRM](/content/demo/lp-crm/index-2.html): See how Carta LP CRM helps private funds centralize investor relationships, accelerate fundraising, and connect directly to fund performance data. (68 words)
- [Venture Capital & Private Equity Fund Performance Metrics](/content/learn/private-funds/management/fund-performance/index-2.html): Learn how to measure investment fund performance. Explore key metrics for VC and PE funds—including IRR, MOIC, and ESG integration—for smarter investing. (1,393 words)
- [Private Equity Fund Administration | Buyer's Guide](/content/learn/resources/pe-fund-admin-buyers-guide/index.html): Download Carta's PE fund admin guide to understand the risks of fragmented systems, find a single source of truth for fund administration data, and evaluate potential solutions. (323 words)
- [What is Carried Interest? Definition, Taxation & Fee Structures](/content/learn/private-funds/management/carried-interest/index-2.html): Learn how carried interest works for private funds, including fee structures, waterfall models, and tax treatment for fund managers. (2,874 words)
- [Market Size: What is TAM, SAM, & SOM?](/content/learn/startups/metrics/market-size/index-2.html): Calculating market size before you pitch investors if crucial. Learn how to determine the market size for your company, including TAM, SAM, and SOM. (927 words)
- [What is Debt Financing? Definition & How It Works](/content/learn/startups/fundraising/debt-financing/index-2.html): Learn about debt financing for startups, including the different types available, the pros and cons, and when it makes sense to use it in your startup fundraising strategy. (2,586 words)
- [Exits that Win: What Works, What Doesn’t, and How Fund Managers Quarterback Exits](/content/events/exits-that-win/index-2.html): Carta's panel of M&A and exit-readiness experts covers timing exits, key pre-exit metrics, due diligence prep, and choosing between M&A and IPO paths for fund managers., Host the world live on your website. (343 words)
- [Private Equity Portfolio Companies & Funds: Connecting the Dots for the Audit Cycle](/content/events/portcos-funds-audit-cycle/index.html): Carta and Citrin Cooperman explain how PE funds and portfolio companies align on financial reporting, valuations, and audit processes each cycle., Host the world live on your website. (339 words)
- [How Emmeline Ventures Uses Carta’s Operational Planning Model to Break into VC](/content/customer-stories/emmeline-ventures/index-2.html): Emmeline Ventures launched in April 2022 with an investment in Clutch Wallet, a provider of web3 and crypto investing services for women. The firm is focused on businesses helping women “manage health, build wealth, and live in a cleaner, safer world.” (589 words)
- [Fund Forecasting Live Demo: How to Make Data-Driven Fund Decisions](/content/events/data-driven-decisions-fund-forecasting/index-2.html): Carta's Fund Forecasting tool integrates real-time cap table and fund admin data into dynamic models, with a live demo and insights from Active Impact Investments., Host the world live on your website. (207 words)
- [What’s New, What’s Next: Carta Fund Admin in Q1 (2025)](/content/events/fund-admin-25q1/index-2.html): Carta product managers recap Q1 fund admin releases, including a document repository, Ramp integration, and tax improvements, plus a Q2 roadmap preview., Host the world live on your website. (180 words)
- [VC Fund Performance in 2024](/content/events/fund-performance-in-2024/index-2.html): Carta's Peter Walker, Homebrew's Hunter Walk, and Screendoor's Jamie Rhode discuss 2024 VC fund performance data, including IRR, TVPI, and DPI trends., Host the world live on your website. (240 words)
- [Bridging the Infrastructure Gap in Private Capital | Whitepaper](/content/learn/resources/private-capital-infrastructure-gap/index.html): Get practical insights into how modern fund managers are gaining control, boosting efficiency, and delivering high-quality client service – without compromise. (363 words)
- [VC Masterclass: Designing a Fund Thesis](/content/events/vc-masterclass-fund-thesis/index-2.html): This VC Masterclass session explains how venture investors design and communicate their fund's investment thesis., Host the world live on your website. (137 words)
- [Fund Forecasting: The Fund CFO’s Playbook](/content/learn/private-funds/management/fund-forecasting/index-2.html): Learn how to build a dynamic fund forecast to move your firm from reactive reporting to proactive strategy. This tactical playbook covers portfolio construction, capital deployment, exit modeling, and reporting to your limited partners. (1,820 words)
- [Tax Season Recap & What’s Next for Startup Taxes](/content/events/2025-tax-season/index-2.html): Carta's tax experts recap the 2025 tax season, covering common startup mistakes, upcoming policy changes, and how QSBS supports founder tax savings., Host the world live on your website. (325 words)
- [Founder's Journey 101: Accelerating Growth](/content/events/founders-journey-101-growth/index-2.html): Nomagic's Kacper Nowicki and Carta's Shubhi Nigam share growth metrics, Series B-D fundraising strategies, and tips for building high-performing teams., Host the world live on your website. (144 words)
- [IPO Readiness in 2025: Market Signals, Timing, and Looking Ahead](/content/events/ipo-readiness-in-2025/index-2.html): Morgan Stanley and Carta leaders discuss market dynamics shaping IPO strategy in 2025, covering signals, timing, and building flexibility into IPO plans., Host the world live on your website. (175 words)
- [The Investment Thesis: Writing Your Fund’s Strategic Blueprint](/content/learn/private-funds/management/portfolio-management/investment-thesis/index-2.html): A fund investment thesis is the blueprint for your fund's strategy, guiding everything from fundraising to daily fund management. Learn how to write an investment thesis to develop a winning fund strategy. (3,828 words)
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- [Unlocking ASC 820 Valuations for Funds: Best Practices & Recent Trends](/content/events/asc-820-valuations-for-funds/index.html): Audit partners discuss market shifts affecting VC fund valuations, differing auditor perspectives, and how Carta supports the ASC 820 valuation process., Host the world live on your website. (405 words)
- [FA Certification Program - Requesting Transfers/Submitting General Requests](/content/events/fa-cp-transfers-general-requests/index-2.html): A walkthrough of how to request transfers and submit general requests in Carta's Fund Administration Certification Program., Host the world live on your website. (164 words)
- [FA Certification Program - Day One Financials](/content/events/fa-cp-day-one-financials/index-2.html): An overview of day-one financials in Carta's Fund Administration Certification Program., Host the world live on your website. (163 words)
- [The Startup Guide to Taxes: Year-End Strategy for Success](/content/events/year-end-tax-strategies/index-2.html): Carta covers year-end tax strategies for founders and employees, including recent tax law changes, filing requirements, and equity planning guidance., Host the world live on your website. (263 words)
- [Loan operations | Building the ERP for Private Capital](/content/explore-erp/private-credit/loan-operations/index-2.html): Loan Operations centralizes every loan and facility into one view—tracking interest-rate history, PIK accruals, and payment schedules—so each payment flows straight into fund administration and your general ledger. (390 words)
- [KYC dashboard | Building the ERP for Private Capital](/content/explore-erp/venture-capital/kyc-dashboard/index-2.html): The KYC Dashboard centralizes investor due diligence—collecting LP IDs through secure requests, tracking every LP's verification status, and screening against OFAC and PEP watch lists. (349 words)
- [FA Contacts and Permissions](/content/events/fa-cp-contacts-permissions/index-2.html): A guide to managing fund administration contacts and permissions in Carta., Host the world live on your website. (160 words)
- [FA Certification Program - Fund Metrics](/content/events/fa-cp-fund-metrics/index-2.html): An overview of how to view and track fund metrics in Carta's Fund Administration Certification Program., Host the world live on your website. (162 words)
- [FA Certification Program - Capital Call Workflow](/content/events/fa-cp-requesting-capital-calls/index-2.html): A walkthrough of the capital call request workflow in Carta's Fund Administration Certification Program., Host the world live on your website. (163 words)
- [FA Certification Program - Cash Forecasting Overview](/content/events/fa-cp-cash-forecasting-overview/index.html): An overview of cash forecasting tools in Carta's Fund Administration Certification Program., Host the world live on your website. (163 words)
- [Fund Administration - Subsequent Closings/Messaging](/content/events/fa-cp-closings-messaging/index-2.html): A guide to managing subsequent fund closings and related investor messaging within Carta's Fund Administration platform., Host the world live on your website. (161 words)
- [What’s New, What's Next: Carta Fund Admin in Q4](/content/events/vc-fundadmin-q4/index-2.html): Carta's Chief Product Officer and VC leadership team recap 2023's fund admin releases and preview what's coming in the 2024 product roadmap., Host the world live on your website. (131 words)
- [FA Certification Program - Bulk Notices and Capital Call Reminders](/content/events/fa-cp-bulk-notices-capital-call-reminders/index-2.html): A guide to sending bulk notices and capital call reminders within Carta's Fund Administration platform., Host the world live on your website. (166 words)
- [Integrated expense management with Ramp | Building the ERP for Private Capital](/content/explore-erp/private-credit/integrated-expense-management-with-ramp/index-2.html): Integrated expense management connects Ramp to Carta so expenses post to the right general ledger accounts in real time—categorized, with receipts, and audit-ready. (336 words)
- [Founder Q&A: A Conversation With Poppy Flowers](/content/events/founder-poppy-flowers/index-2.html): Poppy Flowers founder Cameron Hardesty shares how she raised seed funding from angels and accelerators to grow her flower company outside Silicon Valley., Host the world live on your website. (117 words)
- [FA Certification Program - Distributions: Send Wire Instructions Request](/content/events/fa-cp-send-wire-instructions-request/index-2.html): A guide to submitting wire instruction requests for distributions in Carta's Fund Administration Certification Program., Host the world live on your website. (165 words)
- [Understanding Executive Compensation: A Conversation with Carta and Sequoia](/content/events/exec-comp-sequoia/index.html): Leaders from Carta and Sequoia discuss executive compensation strategies, covering hiring decisions, data-driven pay practices, and economic uncertainty., Host the world live on your website. (314 words)
- [FA Certification Program - Reviewing Financials](/content/events/fa-cp-reviewing-financials/index-2.html): A walkthrough of how to review fund financials within Carta's Fund Administration Certification Program., Host the world live on your website. (162 words)
- [Corporate Transparency Act: What Business Owners Need to Know](/content/events/corps-transparency-act/index-2.html): Carta and FinCEN experts explain Corporate Transparency Act beneficial ownership reporting requirements, key compliance dates, and common questions., Host the world live on your website. (158 words)
- [Startup Fundraising 101: Crafting a Winning Pitch](/content/events/crafting-a-winning-pitch/index-2.html): Carta's Angela Winegar and a panel of VCs share how to craft a winning pitch, covering storytelling, positioning, and building investor trust., Host the world live on your website. (176 words)
- [FA Certification Program - K1 and Tax](/content/events/fa-cp-k1-tax/index-2.html): An overview of the K-1 and tax process covered in Carta's Fund Administration Certification Program., Host the world live on your website. (163 words)
- [FA Certification Program - SOI Approval and Update](/content/events/fa-cp-soi-approval-update/index-2.html): A walkthrough of the SOI approval and update process in Carta's Fund Administration Certification Program., Host the world live on your website. (164 words)
- [FA Certification Program - Management Fees](/content/events/fa-cp-management-fees/index-2.html): A walkthrough of how management fees are handled in Carta's Fund Administration Certification Program., Host the world live on your website. (162 words)
- [What’s New, What's Next: Equity Management for LLCs](/content/events/llc-equity-management/index-2.html): Carta shares the latest LLC equity management updates, including a new Waterfall Modeling tool, plus an early look at the 2024 product roadmap., Host the world live on your website. (232 words)
- [FA Certification Program - Distribution Workflow](/content/events/fa-cp-distribution-workflow/index-2.html): A walkthrough of the distribution workflow in Carta's Fund Administration Certification Program., Host the world live on your website. (162 words)
- [What’s New, What’s Next: Effortless Distributions Modeling](/content/events/effortless-distributions-modeling/index-2.html): Carta product leaders demo the new Distributions Modeling tool, simplifying a complex process into just a few clicks., Host the world live on your website. (213 words)
- [How To Get Your VC Fund Audit Ready](/content/events/vc-audit-tax-ready/index-2.html): Carta shares guidance on preparing VC funds for audit season, helping firms organize finances, documentation, and external partners ahead of year-end., Host the world live on your website. (247 words)
- [State of Compensation: 2024 Outlook](/content/events/2024-comp-outlook/index-2.html): Carta and industry leaders discuss the 2024 hiring and compensation outlook, drawing on Carta's H2 2023 State of Startup Compensation report., Host the world live on your website. (314 words)
- [First Close: Acing Your Fund Operations Stack](/content/events/acing-your-fund-operations-stack/index-2.html): Carta's First Close series covers building a strong fund operations stack, from fund accounting and audits to improving LP reporting and relationships., Host the world live on your website. (177 words)
- [Tender Offers 101](/content/events/tender-offers-101/index-2.html): Carta's Peter Walker and industry experts explain how tender offers let employees monetize equity before an exit while reducing dilution., Host the world live on your website. (251 words)
- [State of Private Markets: 2024 Predictions](/content/events/2024-predictions/index-2.html): Carta's Peter Walker reviews 2023's startup fundraising trends, covering valuations, dilution, and deal velocity from seed through Series F, plus 2024 predictions., Host the world live on your website. (221 words)
- [First Close: Formations](/content/events/first-close-formations/index-2.html): Carta's First Close series covers essentials for launching a UK/EU venture fund, from legal structures and LP negotiations to operational costs., Host the world live on your website. (347 words)
- [What’s New, What’s Next: Carta Fund Admin in Q1 (2024)](/content/events/fund-admin-24q1/index-2.html): Carta's Director of Product Alex Legault and the fund admin team recap recent releases and walk through the year's product roadmap., Host the world live on your website. (268 words)
- [Navigating Opportunities: State of Venture in the Middle East](/content/events/state-of-venture-middle-east/index-2.html): Industry experts discuss venture capital trends across the Middle East, spotlighting the UAE's growing ecosystem, including Abu Dhabi Global Market and Dubai., Host the world live on your website. (252 words)
- [Request a demo | Carta Private Credit](/content/demo/private-credit/index-2.html): Request a demo of Carta's Private Credit solutions. (79 words)
- [How Did 2023 Change Valuations?](/content/events/how-did-2023-change-valuations/index-2.html): Carta's valuation experts review how 2023 reshaped startup valuations, comparing fundraising and equity compensation trends heading into 2024., Host the world live on your website. (299 words)
- [Private Equity Explained: How PE Works & Strategies](/content/learn/private-funds/private-equity/index.html): Learn the fundamentals of private equity, including how funds are structured, common investment strategies, and the operational mechanics of value creation and fund administration. (1,684 words)
- [Equity Essentials: Making the Leap From Seed to Series A](/content/events/seed-to-series-a/index-2.html): VC investors share what it takes to raise a Series A, covering the qualities investors look for and why a clean cap table matters before fundraising., Host the world live on your website. (149 words)
- [Corporate Transparency Act: Simplify Filing With Carta](/content/events/cta-simplify-filing/index-2.html): Carta introduces a new product to simplify Corporate Transparency Act compliance for newly incorporated companies, featuring an overview, demo, and Q&A., Host the world live on your website. (114 words)
- [Building Lasting Limited Partner (LP) Relationships](/content/events/building-lp-relationships/index-2.html): GPs and LPs discuss strategies for building and maintaining strong limited partner relationships throughout a fund's life cycle, not just fundraising., Host the world live on your website. (188 words)
- [Navigating the Corporate Transparency Act as a LatAm Based Business Owner](/content/events/cta-latam/index.html): Experts explain Corporate Transparency Act compliance for LatAm founders with US entities, covering reporting requirements and Carta's compliance solution., Host the world live on your website. (328 words)
- [File fund and SPV Taxes with Carta](/content/product-updates/file-fund-and-spv-taxes/index-2.html): Carta Fund Administration now offers in-house fund and SPV tax preparation, finalization, and filing—in addition to back office management and quarterly reporting. (296 words)
- [Advisory Boards Unveiled: Elevating Australian Startups to Global Heights](/content/events/elevating-australian-startups/index.html): A guide for Australian startup founders on building an advisory board, covering structure, compensation models, and lessons from successful founders., Host the world live on your website. (415 words)
- [Best Practices: EOY Tax & Audit Planning](/content/events/eoy-audit-tax-planning/index-2.html): Executives from Carta and Rho share best practices for end-of-year tax and audit planning, including internal prep and stakeholder alignment., Host the world live on your website. (228 words)
- [First Close: From Managing SPV’s to Launching a Fund](/content/events/managing-spvs-to-launching-a-fund/index.html): Carta's First Close series covers transitioning from managing SPVs to launching your first fund, including operations and LP management tips., Host the world live on your website. (310 words)
- [Senate working group outlines priorities on AI regulation | Carta](/content/policy/policy-weekly-05-17-24/index.html): SCOTUS rules CFPB is legally funded. 
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- [Pre-Seed Benchmarks: Fundraising Data for New Startups](/content/events/fundraising-data-for-new-startups/index.html): Hustle Fund's Haley Bryant and Carta's Peter Walker break down pre-seed fundraising data, covering SAFE and convertible note terms across industries and stages., Host the world live on your website. (257 words)
- [Startup Fundraising 101: Building Strategic Partnerships](/content/events/fundraising-101-strategic-partnerships/index-2.html): Carta's Shubhi Nigam and Pear VC's Arpan Shah discuss building investor relationships and a strategic media presence ahead of your fundraise., Host the world live on your website. (242 words)
- [Policy Playbook: Navigating the Shifting VC Regulatory Landscape](/content/events/policy-playbook-vc-regulatory-landscape/index-2.html): Carta's policy experts unpack how new SEC private fund adviser rules and the broader regulatory agenda are reshaping the venture capital industry., Host the world live on your website. (312 words)
- [Emerging Trends & Key Insights for Asset Allocators](/content/events/trends-insights-for-asset-allocators/index.html): Leaders from Withers, EY, and Carta explore APAC fundraising trends, emerging commercial terms, and evolving LP-GP dynamics and exit strategies., Host the world live on your website. (335 words)
- [Policy Briefing: What Does the UK Election Mean for VC?](/content/events/uk-election-vc/index-2.html): Carta's policy experts break down how the UK election could reshape venture capital, from carried interest rules to non-dom tax regime changes., Host the world live on your website. (280 words)
- [Startup Fundraising 101: Mastering Fundraising Strategy](/content/events/fundraising-101-fundraising-strategy/index-2.html): Carta's Natasha Arora and Heather Hartnett discuss crafting a fundraising strategy tied to business milestones, using scenario modeling and SAFEs., Host the world live on your website. (82 words)
- [Business Guide to Taxes: Expiring Tax Incentives](/content/events/expiring-tax-incentives/index-2.html): Tax experts break down expiring tax incentives affecting corporations and passthrough businesses, with strategies for adapting to the changing landscape., Host the world live on your website. (232 words)
- [Introducing Carta Law (fka Avantia Law)](/content/blog/avantia-law-acquisition/index-2.html): Carta acquires Avantia Law to deliver AI-native legal services for PE and VC firms at a fraction of traditional law firm costs. Discover how legal services, software, and compliance integrate into one platform.
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- [First Close: Optimising for Your First Close](/content/events/optimising-for-your-first-close/index-2.html): Carta's First Close series covers how to execute a smooth fund closing, from investor onboarding and banking arrangements to LP communication., Host the world live on your website. (155 words)
- [Crypto divide deepens as House and agencies grapple with regulation | Carta](/content/policy/policy-weekly-06-09-23/index.html): House approves slate of bipartisan measures to expand access to private markets. (1,879 words)
- [Request a demo | Carta Fund Tax](/content/demo/fund-tax/index-2.html): Request a demo of Carta's platform and learn more about how fund tax and accounting services. (70 words)
- [Investment advisers served new illicit-finance regulations from Treasury](/content/sg/en/policy/policy-weekly-02-16-24/index.html): Tax bill restoring R&D provisions still in limbo. (2,013 words)
- [State of Private Markets: Q1 Venture Spring?](/content/events/q1-venture-spring/index-2.html): Carta's Peter Walker and Harlem Capital's Nicole DeTommaso review Q1 venture capital trends, highlighting early positive signals amid a slow quarter., Host the world live on your website. (222 words)
- [Forecasting Employee Compensation Accurately](/content/events/forecasting-employee-compensation-accurately/index-2.html): Carta Product Manager Patricia Vargas demonstrates the Manage Employees hub for forecasting new hire and refresh grants and their impact on the equity pool., Host the world live on your website. (256 words)
- [Startup Fundraising 101 | Carta](/content/learn/startup-fundraising-101/index-2.html): Raising money for your startup is one of a founder's most important jobs. Let our experts give you the roadmap to an easier and more efficient fundraising round. (107 words)
- [Introducing Carta Plugins for Claude](/content/blog/plugins-for-claude/index-2.html): Carta Plugins for Claude bring your fund data directly into AI. Query cap tables, fund metrics, and portfolio data in plain language without leaving Claude. Access live data securely, run scenarios, and get instant answers. (358 words)
- [What’s New, What’s Next: Carta Fund Admin in Q2](/content/events/fund-admin-24q2/index-2.html): Carta's R&D team recaps the latest Q2 fund administration product updates and previews upcoming features arriving in Q3., Host the world live on your website. (250 words)
- [From 409As to SAFEs, Double A Labs Uses Carta to Scale](/content/customer-stories/double-a-labs/index-2.html): Austin-based Double A Labs is bringing the metaverse to the corporate universe by allowing companies to create their own virtual worlds where employees can collaborate. (676 words)
- [What is a VC Fund Closing?](/content/learn/private-funds/management/portfolio-management/fund-closing/index-2.html): Learn what it means to close a venture capital fund, including the different stages and steps. (2,081 words)
- [Startup Compensation in 2024](/content/events/startup-compensation-2024/index-2.html): A look at 2024 startup compensation trends, covering salary growth, equity packages, hiring pace, and how pay compares across major US markets., Host the world live on your website. (290 words)
- [Carta | NYSE: Getting Your Company IPO Ready](/content/events/getting-ipo-ready/index-2.html): Carta COO Tom Keiser and NYSE's Michael Harris discuss IPO paths, timing, vendor prep, and what management teams should do now to get IPO ready., Host the world live on your website. (334 words)
- [Building the ERP for Private Capital](/content/explore-erp/index-2.html): See how Carta supports LPs, GPs, and fund CFOs across venture capital, private equity, and private credit. (256 words)
- [What’s New & What’s Next: Carta Alternative Assets Product Updates in Q2](/content/events/alternative-assets-24q2/index-2.html): Carta introduces PE Firm Overview, a new alternative assets product giving centralized access to portfolio company cap tables and waterfalls., Host the world live on your website. (205 words)
- [GP Secrets: Fundraising & Investing in the Middle East & Asia Pacific](/content/events/cross-regional-fund-strategies/index-2.html): Fund managers from APAC and the Middle East share strategies for fundraising, investing, and expanding into these fast-growing venture markets., Host the world live on your website. (324 words)
- [ Alternative  assets go mainstream—crypto, PE, and more](/content/uk/en/policy/policy-weekly-07-18-25/index.html): Congress sends historic crypto legislation to president’s desk; innovator coalition meets with SEC on capital formation priorities; anticipated EO to expand retirement access to alternative assets
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- [Carta](/content/equity-management/cap-table/safes/calculator/index-2.html): Carta's platform of software and services helps people manage equity, build businesses, and invest in the companies of tomorrow. Learn more. (48 words)
- [FA Certification Program: Fund Tax Process](/content/events/fa-certification-program-fund-tax-process/index-2.html): An overview of the fund tax process covered in Carta's Fund Administration Certification Program., Host the world live on your website. (162 words)
- [FA Certification Program - Scenario Modeling Overview](/content/events/fa-certification-program-scenario-modeling-overview-2.html): An overview of scenario modeling tools available in Carta's Fund Administration Certification Program., Host the world live on your website. (163 words)
- [FA Certification Program: Auditor Portal Overview](/content/events/fa-certification-program-auditor-portal-overview/index-2.html): An overview of the auditor portal within Carta's Fund Administration Certification Program., Host the world live on your website. (162 words)
- [Carta Policy: How midterms could impact capital markets | Carta](/content/policy/policy-weekly-10-14-22/index.html): How the election could impact capital markets policy next Congress (2,134 words)
- [Policy Playbook: How the 2024 Election Could Shape Private Market Policy](/content/events/how-24election-could-shape-pm-policy/index-2.html): Carta's Policy team previews how the 2024 elections could shape tax reform and private market regulation, and how funds and small businesses can adapt., Host the world live on your website. (273 words)
- [FA Certification Program - Downloading SOC Reports](/content/events/fa-certification-program-downloading-soc-reports/index-2.html): A guide to downloading SOC reports within Carta's Fund Administration Certification Program., Host the world live on your website. (163 words)
- [Lawmakers Rethink Crypto Regulation Following FTX Meltdown](/content/policy/policy-weekly-11-18-22/index.html): Committees seek to grill Sam Bankman-Fried. (2,167 words)
- [The Startup Guide to UK Fundraising: EIS and SEIS](/content/events/uk-fundraising-eis-seis/index-2.html): A panel explains the UK's SEIS and EIS investment schemes, covering pre-seed and seed round sizes, fundraising tips, and raising funding with Carta., Host the world live on your website. (275 words)
- [Preparing for EOY: Get Ahead of Your Next Audit](/content/events/preparing-for-eoy/index-2.html): An experienced audit partner shares best practices for year-end audit prep, from selecting auditors to streamlining documentation and internal reviews., Host the world live on your website. (207 words)
- [Healthcare and Life Sciences: Growth and Funding Insights](/content/events/hcls-insights/index-2.html): Symphonic Capital's Sydney Thomas and Carta's Hamza Shad cover fundraising, valuation, hiring, and compensation trends for healthcare and life sciences startups., Host the world live on your website. (155 words)
- [Best Practices: How to Prepare for Year-End (Audit & Tax)](/content/events/year-end-audit-tax/index-2.html): Carta and BDO leaders share how funds can prepare for year-end audit and tax season, covering deadlines, documentation, and choosing the right partners., Host the world live on your website. (252 words)
- [Founders Guide to Board Management](/content/events/founders-board-management-2024/index-2.html): Carta CEO Henry Ward, Edward Norton of Zeck, and Katie Jacobs Stanton of Moxxie Ventures share tips on board composition and communication for founders., Host the world live on your website. (194 words)
- [Fund Forecasting Demo](/content/events/fund-forecasting-demo/index-2.html): Carta CEO Henry Ward and Anubhav Srivastava demo Carta Fund Forecasting (formerly Tactyc), a platform for building venture fund models with real benchmark data., Host the world live on your website. (170 words)
- [Pre-Seed Fundraising: Fresh Data from Q2 2024](/content/events/fresh-data-from-24q2/index-2.html): Carta's Peter Walker joins Antler and Hustle Fund to break down Q2 2024 SAFE and Note data, covering valuation caps, raise amounts, and terms., Host the world live on your website. (282 words)
- [Essential Tools for Startup Success: Equity Management](/content/events/essential-tools-equity-management/index-2.html): Carta's Shubhi Nigam and customer Brett Humphrey of Mivien Labs guide founders through choosing the right cap table provider and avoiding common mistakes., Host the world live on your website. (165 words)
- [VC Fund Performance: New Benchmarks for 2024](/content/events/vc-fund-performance-2024/index-2.html): Carta's Peter Walker and Sapphire Partners' Beezer Clarkson discuss new VC fund performance benchmarks like IRR, TVPI, and DPI for emerging managers., Host the world live on your website. (297 words)
- [Deep Dive: European Data Insights](/content/events/deep-dive-eu-data-insights/index-2.html): Carta and industry experts explore European venture capital trends, including early-stage deal dynamics, later-stage capital flows, and lessons from the US market., Host the world live on your website. (111 words)
- [Equity Compensation: Three Essentials You're Not Thinking About](/content/events/equity-compensation-essentials/index-2.html): Carta experts cover three often-overlooked equity compensation essentials: QSBS tax savings, 409A valuation impacts, and year-end equity taxation., Host the world live on your website. (325 words)
- [What’s New, What's Next: Carta Fund Admin in Q3](/content/events/fund-admin-24q3/index-2.html): Carta's Fund Administration product leaders recap Q3 releases like the LP Dashboard and GP Portal, and preview the roadmap for the rest of the year., Host the world live on your website. (292 words)
- [Essential Tools for Startup Success: Elevate Your Compensation Strategy](/content/events/essential-tools-compensation-strategy/index-2.html): Rippling's Darcy Mackay and Carta's Josh Steinfeld share 2025 hiring outlook and compensation planning strategies, including how to use market data., Host the world live on your website. (177 words)
- [Value Creation through Employee Equity: Insights from the 2024 Private Equity Ownership Trends Report](/content/events/pe-ownership-trends-2024/index-2.html): Carta's Insights team and PE experts explore how employee ownership programs drive value creation, based on the 2024 PE Ownership Trends Report., Host the world live on your website. (331 words)
- [[Bonus Event] Startup Fundraising 101: Close Your Priced Round with Confidence](/content/events/fundraising-101-priced-round/index.html): Carta and startup leaders explain how to model SAFE conversions, collaborate with legal teams, and close a priced funding round on time and confidently., Host the world live on your website. (304 words)
- [Startup Fundraising 101: Post-funding Success](/content/events/fundraising-101-post-funding/index-2.html): Carta's Natasha Arora and leaders from Cowboy Ventures, Vouch, and Nile close out the Fundraising 101 series with tips for succeeding after funding., Host the world live on your website. (269 words)
- [Essential Tools for Startup Success: QSBS Attestation](/content/events/essential-tools-qsbs/index-2.html): Carta experts and customer Avisi Technologies explain QSBS tax benefits, eligibility requirements, and how Carta's Attestation tool helps shareholders save., Host the world live on your website. (350 words)
- [ Alternative  assets go mainstream—crypto, PE, and more](/content/sg/en/policy/policy-weekly-07-18-25/index.html): Congress sends historic crypto legislation to president’s desk; innovator coalition meets with SEC on capital formation priorities; anticipated EO to expand retirement access to alternative assets
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- [The Lifecycle of a Private Equity Deal with Weil](/content/events/pe-deal-lifecycle-weil/index-2.html): Weil, Gotshal & Manges attorneys break down the private equity acquisition process, deal structures, key agreements, and management equity arrangements., Host the world live on your website. (231 words)
- [Audit Mastery: The Essentials You're Not Thinking About](/content/events/audit-mastery-essentials/index-2.html): Fund managers share strategies for tackling year-end audit challenges, from valuation pitfalls to streamlining prep and stakeholder communication., Host the world live on your website. (306 words)
- [2024 Fund Performance Data: A European Perspective](/content/events/fund-performance-eu-2024/index-2.html): A data-driven look at European VC fund performance, covering capital deployment pace, seed-to-Series-A graduation rates, and LP distributions., Host the world live on your website. (174 words)
- [What’s New, What’s Next: Carta Fund Admin in Q4](/content/events/fund-admin-24q4/index-2.html): Carta CPO Vrushali Paunikar and the Fund Administration team recap 2024's product releases, including Fund Forecasting, and preview the 2025 roadmap., Host the world live on your website. (320 words)
- [State of Private Markets: End of Year Predictions](/content/events/sopm-eoy-predictions/index-2.html): Carta's Peter Walker and Ashley Neville review Q3 private market trends, including AI's continued momentum and differences by stage, location, and sector., Host the world live on your website. (231 words)
- [Making Audits Easy: How to Streamline Your Fund’s Audit ](/content/events/making-audits-easy/index-2.html): How is your 2026 audit going? How can you make this your most seamless season yet?, Host the world live on your website. (223 words)
- [Shaping the Future of Venture Capital: Women in VC (Replay)](/content/events/women-in-vc-replay/index-2.html): Women in VC from VamosVentures, Global Ventures, and Carta share their career journeys, lessons learned, and perspectives on the VC industry's future., Host the world live on your website. (143 words)
- [Policy Outlook 2025: Implications for the Private Capital Ecosystem](/content/events/policy-outlook-2025/index-2.html): TechNet's Carl Holshouser and Carta's Policy Team discuss the new administration's 2025 policy agenda and its impact on venture capital and startups., Host the world live on your website. (245 words)
- [Founder’s Journey 101: Laying the Groundwork](/content/events/founders-journey-101-groundwork/index-2.html): Founders Joe Carney and Robert Wolfe cover early-stage decisions from pre-seed to Series A, including product-market fit, fundraising, and investor relations., Host the world live on your website. (306 words)
- [Best Practices: Planning for a Successful Year End](/content/events/uk-year-end-planning/index.html): Carta, BDO, RSM, and Future Business Partnership share internal prep strategies for a smooth, stress-free year-end audit and tax season for funds., Host the world live on your website. (324 words)
- [Looking Forward: A Glimpse into the Future of Fund Waterfall Management](/content/events/fund-waterfall-management/index-2.html): A preview of Carta's latest fund waterfall management innovation, exploring the vision and early software connecting private capital workflows., Host the world live on your website. (245 words)
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- [Insights from Carta's 2024 State of Compensation Report](/content/events/state-of-compensation-2025/index-2.html): Carta's FY 2024 State of Compensation Report reveals trends in hiring, company composition, geographic pay differences, and executive compensation., Host the world live on your website. (127 words)
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What is a Risk Score?A risk score is a numerical or categorical value assigned to an LP based on various factors that contribute to their overall risk profile from an AML perspective. This score helps you quickly assess AML and Sanctions risk associated with an LP and make informed decisions regarding their onboarding and ongoing monitoring requirements.
How do we derive LP Risk Scores?Carta's KYC as a Service solution utilizes automated risk score calculators, second-level internal compliance review, and robust Quality Assurance (QA) review to determine an LP's risk profile. These calculators consider a variety of data points collected during the KYC evaluation process, including:  Geographic Factors: The LP's country of residence, country of legal address, and countries of operation. High-risk jurisdictions will impact the score. Entity Complexity: For institutions, factors like complex legal structures are considered. Politically Exposed Person (PEP) Status: Whether the LP is a Politically Exposed Person. Adverse Media Status: The presence of any negative news or adverse media related to the LP. High-Risk Industry: Whether the LP operates in an industry deemed high-risk for money laundering. Sanctions Exposure: Sanctions risk is assessed through screening against global watchlists to identify US OFAC blocked entities and jurisdictional exposure to comprehensively sanctioned countries   The risk score calculations are tailored to the LP's client type (e.g. individual, company, trust, publicly traded entity) and the fund's jurisdiction. For example, specific calculators are used for US, Lux, UK/Jersey, SG/Cayman/BVI jurisdictions.   Here is a general example of how risk areas are scored: Client TypeRisk AreaExample InputExample ScoreINDIVIDUALCountry of ResidenceGBLowHigh risk US jurisdictionYesHighPEP StatusNoLowAdverse Media StatusYesHighIndustryApparelLowOverall scoreMediumCOMPANYCountry of Legal EntityAULowHigh risk US jurisdictionNoLowPEP StatusNoLowAdverse Media StatusYesLowIndustryGamblingHighComplex Legal EntityYesHighOverall scoreLowNote: This table provides sample data and does not represent the exhaustive list of risk areas or their associated scores. 
Utilizing LP Risk Scores for Your AML ProgramThe LP risk scores provided by Carta's KYC as a service can support your already existing robust AML program by:  Informing Onboarding Decisions: Quickly identify high-risk LPs that may require additional due diligence or a different onboarding approach.Automating Periodic Reviews: Risk scores automatically set the frequency of periodic reviews, ensuring ongoing compliance. Customizing Risk ScoresWe understand that each AML program has unique requirements. If you have specific needs for customizing risk score calculations or the associated risk levels, please reach out to support at investorservices@carta.com or your FA team. 
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- [Inline tags for Company Investments - Carta Release Notes - Product Updates](/content/releasenotes/inline-tags-for-company-investments-upcpc/index.html): Who this affects: Investors with company investments on Carta What's new: Investors can now see and add tags inline on our Company Investmen... (101 words)
- [First Cut—State of Private Markets: Q2 2024 | Carta](/content/uk/en/data/first-cut-state-of-private-markets-q2-2024/index.html): Initial data from Q2 2024 shows modest increases in median valuation and round size across much of the U.S. venture ecosystem. (336 words)
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- [Compare Actuals to Forecasts - Carta Release Notes - Product Updates](/content/releasenotes/compare-actuals-to-forecasts-2grf6m/index.html): Have you ever received a performance update from a portfolio company and thought, “this number is interesting, but how does this stack up ag... (114 words)
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- [Modify plans attached to options and RSAs - Carta Release Notes - Product Updates](/content/releasenotes/modify-plans-attached-to-options-and-rsas-2ng2ek/index.html): You can now update the option plan that is attached to option grants and RSAs through the modify workflow.    When modifying RSAs, if you re... (86 words)
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- [Frequently asked questions about SOI updates | support.carta.com](/content/support/s/article/faqs-for-updating-soi-on-carta/index.html): Frequently asked questions about SOI updatesWhat type of updates can I make to my SOI?You can currently make three types of updates to your Statement of Investments (SOI):Markup/Markdown – When the price per share of your investment changes due to valuation adjustments.Realization – When an investment exits and distributions are paid out (e.g., IPO, merger, acquisition, or recapitalization).Conversion – When a convertible asset (e.g., a SAFE or Convertible Note) is exchanged for another type of asset, usually at a predetermined price (e.g., converting preferred stock into common stock).When does markup/markdown take place?A markup may occur when:A new funding round is raised at a higher valuation than your initial investment.A 409A valuation by an independent appraiser results in a higher valuation.The company experiences an exit event at a higher valuation than your initial investment.A markdown may occur when:A new funding round is raised at a lower valuation than your initial investment.The company reports significant financial losses, impacting its valuation.A 409A valuation results in a lower valuation.The company is no longer operating.How should I reflect conversions for SAFEs or Convertible Notes?For SAFEs and Convertible Notes, please contact your Fund Administrator to ensure the conversion is booked correctly. Your Fund Administrator will record the conversion and adjust the price per share as needed.I want to write off an investment. Is this a markdown?A write-off is a realization, as it involves reducing the investment value to zero. Please reach out to your Fund Administrator with supporting documents, such as dissolution notices or official communication from company leadership.What constitutes supporting documentation for a valuation or price per share (PPS) update?For audited funds:Articles of incorporation (detailing liquidation preferences, series pricing, etc.)Stock purchase agreements (SPA)For non-audited funds:The SPA is strongly recommended.In some cases, a written notice from the founder outlining the new valuation may suffice.How do I update a valuation for a merger or an acquisition?For mergers and acquisitions, please contact your Fund Administrator and provide supporting documentation.What happens after I submit a valuation update request?Once you submit a request and the appropriate documentation:Your Fund Administrator will review and verify the details.After approval, portfolio updates and associated metrics will be reflected in your dashboard.Carta automatically updates asset valuations for public equity and crypto assets—how does this work?Carta supports automatic valuation updates for public equity and crypto assets.We use your asset’s identifiers (Symbol, ISIN, CUSIP) to fetch market closing prices.When a price update is detected, we automatically update the asset valuation and record the necessary journal entries.What market data sources does Carta use?We integrate with the following market data sources:XigniteXpressfeedTwelve DataCoinMarketCapThe auto-valuation process runs according to your fund’s valuation cadence (daily, monthly, quarterly, or annually).Example of an automatic valuation update for public equity:Suppose your fund owns 100.25 shares of Apple (AAPL).Yesterday’s market closing price was $150.45 per share.On the fund’s next valuation update, if the closing price rises to $160.75, Carta will:Update your asset valuation.Book a journal entry for the valuation event.The journal entry calculation would be:(100.25 × $160.75) − (100.25 × $150.45) = $1,032.58How is the supporting documentation reviewed?Carta has a dedicated Deal Documents team that reviews and catalogs all supporting documents for valuation changes to ensure accuracy and compliance.I made an error in my SOI update—what should I do?If you made an update in error, please contact your Fund Administrator as soon as possible to correct it.Why is the price per share different from what I expected?If the price per share appears different than expected, please contact your Fund Administrator for further clarification. (643 words)
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- [Securely store and share documents in Data Rooms - Carta Release Notes - Product Updates](/content/releasenotes/securely-store-and-share-documents-in-data-rooms-3txfle.html): We’ve introduced a few updates to Data Rooms to provide you with a secure and streamlined way to upload and share documents from within Cart... (220 words)
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- [Information Clarity in the Equity Awards Ledger - Carta Release Notes - Product Updates](/content/releasenotes/information-clarity-in-the-equity-awards-ledger-1u6yna.html): What’s coming: The "Quantity" column shown in the "Options" tab of the Equity awards ledger will be re-labeled to "Original quantity" to mor... (84 words)
- [Save time on administrative tasks with HRIS integrations - Carta Release Notes - Product Updates](/content/releasenotes/save-time-on-administrative-tasks-with-hris-integrations-2tcfee.html): What’s new?Carta now supports integrations with 150+ HRIS and payroll providers. Customers that integrate their HRIS with Carta will have ac... (476 words)
- [Email customization for document sharing - Carta Release Notes - Product Updates](/content/releasenotes/email-customization-for-document-sharing-2nkuns/index.html): This month we released a new feature on Carta to allow users of a fund to customize the email sent to LPs when sharing documents. This featu... (137 words)
- [Audit Support Document Dashboard - Carta Release Notes - Product Updates](/content/releasenotes/audit-support-document-dashboard-1mfvwg/index.html): Audit Support Document Dashboard UpdateWhat's new? Today we’re launching our internal audit support tracker. The Carta Fund Administration t... (162 words)
- [New search bar in the Document Library - Carta Release Notes - Product Updates](/content/releasenotes/new-search-bar-in-the-document-library-4odaxi/index.html): What's new?You can now search for documents in the Document Library. What's important or valuable about this change?The new search bar allow... (113 words)
- [New Acceptance Agreements tab - Carta Release Notes - Product Updates](/content/releasenotes/new-acceptance-agreements-tab-kqzoq/index.html): Admins can now easily add acceptance agreements before sharing the interest with the holder. Easily manage acceptance agreementsIt is now ea... (154 words)
- [Sell Long Shares on Mobile (Public Market) - Carta Release Notes - Product Updates](/content/releasenotes/sell-long-shares-on-mobile-public-market-4ayuwy/index.html): What's new?Employees of public companies supported by Carta can now sell their fully vested common shares issued pursuant to their stock equ... (223 words)
- [Introducing the ability to adjust vesting end dates - Carta Release Notes - Product Updates](/content/releasenotes/introducing-the-ability-to-adjust-vesting-end-dates-4plz3y.html): What's new?You can now adjust the time-based vesting end dates in custom vesting plan templates. What's important or valuable about this cha... (157 words)
- [Communication Center (Public Markets) - Carta Release Notes - Product Updates](/content/releasenotes/communication-center-public-markets-4ullwq/index.html): What's new? Public company administrators can now utilize the brand new Communication Center to send secure communications to stakeholders i... (492 words)
- [How to upload and share documents in Carta LLC | support.carta.com](/content/support/s/article/carta-llc-upload-share-documents/index.html): How to upload and share documents in Carta LLC  (18 words)
- [Subscription Document Signing for Carta SPVs - Carta Release Notes - Product Updates](/content/releasenotes/subscription-document-signing-for-carta-spvs-2xxm1a.html): Investors can now quickly and efficiently close SPVs on Carta! General Partners invite prospective investors to their fund, those investors ... (90 words)
- [Waterfall modeling enhancements - Carta Release Notes - Product Updates](/content/releasenotes/waterfall-modeling-enhancements-3loikq/index.html): You can now include any option grants in the waterfall and customize vesting conditions. Easily model future scenarios with more options for... (143 words)
- [Carta now supports multiple performance conditions on a single grant - Carta Release Notes - Product Updates](/content/releasenotes/carta-now-supports-multiple-performance-conditions-on-a-single-grant-1gudha.html): Performance conditions for performance awards can now be individually set per vesting tranche. Administrators can control the payout of pe... (156 words)
- [Introducing financial reporting custom properties - Carta Release Notes - Product Updates](/content/releasenotes/introducing-financial-reporting-custom-properties-290apk.html): What's new? Custom properties are now available in Carta Financial Reporting. Custom properties are a simple way to classify and organize yo... (147 words)
- [Revamped Employee Onboarding Experience on Mobile - Carta Release Notes - Product Updates](/content/releasenotes/revamped-employee-onboarding-experience-on-mobile-tdek4.html): Employees can now experience the new onboarding process on the Carta mobile app. Who this affectsEmployees who have been issued option grant... (103 words)
- [SEC Rule 144 Affiliate Workflow Updates (Public Markets) - Carta Release Notes - Product Updates](/content/releasenotes/sec-rule-144-affiliate-workflow-updates-public-markets-evaoy.html): What’s new?  Carta improved how public company administrators can manage and designate equity plan stakeholders as Rule 144 Affiliates. Desi... (339 words)
- [Revenue Procedure 2002-50 (Company Tax and Compliance) - Carta Release Notes - Product Updates](/content/releasenotes/revenue-procedure-2002-50-company-tax-and-compliance-bpx2o.html): What's new?Carta has made it easier for private companies running a tender offer to invoke IRS Revenue Procedure 2002-50, which is applicabl... (492 words)
- [How to complete subscription documents | support.carta.com](/content/support/s/article/closings-for-lps/index.html): How to complete subscription documentsGeneral Partners (GPs) can now invite Limited Partners (LPs) to complete subscription documents directly through Carta. Prospective LPs can follow the steps linked below to complete and submit their subscription documents. (63 words)
- [Tagging portfolio companies within firm investment view - Carta Release Notes - Product Updates](/content/releasenotes/tagging-portfolio-companies-within-firm-investment-view-4wc8zm.html): What’s new?   We’ve improved our investment tagging feature so you can easily categorize, filter, and view your investments by industry, geo..., , , ,  (370 words)
- [New 409A dashboard with a valuation ledger - Carta Release Notes - Product Updates](/content/releasenotes/new-409a-dashboard-with-a-valuation-ledger-3mwhh6/index.html): The new dashboard provides you visibility into valuations completed by Carta, the board, or investors. Streamline valuations and auditsThe n... (110 words)
- [Third Party Audit Partner Portal has Launched - Carta Release Notes - Product Updates](/content/releasenotes/third-party-audit-partner-portal-has-launched-1qnhqg.html): What's new? Carta has empowered our audit partners by creating an audit partner portal that will house all relevant documents to successfull... (378 words)
- [Exercising options and warrants - Carta Release Notes - Product Updates](/content/releasenotes/exercising-options-and-warrants-3wia7e/index.html): What's new?We’ve simplified Carta’s UI to help Admins exercise multiple options or warrants in one streamlined workflow. What's important or... (233 words)
- [Payment Status Updates - Carta Release Notes - Product Updates](/content/releasenotes/payment-status-updates-3lmese/index.html): What’s NewThe Payment Status Updates on the Exercising workflow provides users a more accurate reflection of the status of their exercise du... (195 words)
- [Revamped Employee Onboarding Experience - Carta Release Notes - Product Updates](/content/releasenotes/revamped-employee-onboarding-experience-tseie/index.html): Employees registering their account on Carta for the first time can now provide their personal information as part of the onboarding process... (181 words)
- [Valuation Updates from Company Cap Tables - Carta Release Notes - Product Updates](/content/releasenotes/valuation-updates-from-company-cap-tables-my0mg/index.html): What's New? Carta fund admin users can instantly be notified about share price updates for portfolio companies with their cap tables on Cart... (305 words)
- [Introducing the ability to transfer interests - Carta Release Notes - Product Updates](/content/releasenotes/introducing-the-ability-to-transfer-interests-3o55nm.html): Admins can now easily transfer interests from one holder to another in the event of a secondary transaction or sale of shares. Transfer inte... (148 words)
- [Introducing revamped Financial Reporting - Carta Release Notes - Product Updates](/content/releasenotes/introducing-revamped-financial-reporting-378nv6/index.html): What's new? We launched our revamped Financial Reporting tool. The tool will now allow Carta users to apply cancellation treatments without ... (172 words)
- [Dilution Report (Public Markets) - Carta Release Notes - Product Updates](/content/releasenotes/dilution-report-public-markets-4dumnm/index.html): What’s new?  Public company administrators can now run a Dilution Report to help them calculate their company’s diluted earnings per share (... (359 words)
- [Performance Metrics are Now Available on Capital Account Statements - Carta Release Notes - Product Updates](/content/releasenotes/performance-metrics-are-now-available-on-capital-account-statements-1jzkii.html): What's new? Carta is thrilled to announce performance metrics can now be shown on the capital account statement. Fund preparers now have the... (165 words)
- [Interest holder addresses - Carta Release Notes - Product Updates](/content/releasenotes/interest-holder-addresses-3xqydu/index.html): What's new?You can now keep a record of interest holder addresses. What's important or valuable about this change?Gain a single source of tr... (161 words)
- [New Toggle Optionality to View SOIs - Carta Release Notes - Product Updates](/content/releasenotes/new-toggle-optionality-to-view-sois-1t4usm/index.html): What's new? You can now toggle between fund or firm view for your SOI. The SOI review flow allows fund admins to send clients their SOIs eit... (268 words)
- [Introducing international in-app custom assumptions - Carta Release Notes - Product Updates](/content/releasenotes/introducing-international-in-app-custom-assumptions-1mndja.html): What's new? Financial reporting can require flexibility. We’ve added new functionality to adapt to the reporting needs of your business with... (175 words)
- [Senate working group outlines priorities on AI regulation | Carta](/content/uk/en/policy/policy-weekly-05-17-24/index.html): SCOTUS rules CFPB is legally funded. 
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- [How to set up Company Registers | support.carta.com](/content/support/kb/guide/en/how-to-set-up-company-registers-ziseupqfjw/steps/5789025/index.html): How to set up Company RegistersUK company admins with Full Access or Company Editor permissions can use Company Registers to maintain statutory registers and submit filings directly to Companies House — all synced with your cap table.Navigate to Company Registers in the left navigation menu and click Setup registers. (182 words)
- [Fifth Circuit ruling could curb SEC rulemaking | Carta](/content/uk/en/policy/fifth-circuit-private-fund-adviser-rules/index.html): Industry groups have sued the SEC over its controversial Private Fund Adviser rules.  (1,464 words)
- [Carta Policy: Weekly Brief for June 24 | Carta](/content/uk/en/policy/policy-weekly-06-24-22/index.html): SEC releases regulatory agenda as Congress works to agree on Bipartisan Innovation Act and Build Back Better before August break. (1,880 words)
- [Crypto divide deepens as House and agencies grapple with regulation | Carta](/content/uk/en/policy/policy-weekly-06-09-23/index.html): House approves slate of bipartisan measures to expand access to private markets. (1,869 words)
- [Carta Policy: Weekly Brief for June 10 | Carta](/content/sg/en/policy/policy-weekly-06-10-22/index.html): Senators unveil bipartisan crypto bill & SEC previews sweeping reforms. (1,957 words)
- [Carta Policy: Weekly Brief for May 13 | Carta](/content/sg/en/policy/policy-weekly-05-13-22/index.html): SEC extends comment periods on key private market rulemakings & Gensler calls out crypto platforms (1,787 words)
- [Where to find your company’s state and date of incorporation | support.carta.com](/content/support/kb/guide/en/where-to-find-your-companys-state-and-date-of-incorporation-2yv0j2499j/steps/3724717/index.html): What is an incorporation document?To legally form a corporation, a company must file an incorporation document with a state government. This document can also be known as a formation document or charter. Each state sets its own incorporation requirements, which typically include the company’s name, purpose, duration, authorized capital (classes and shares of stock), and agent for service of process. Below is a list of commonly used names for incorporation documents, including some of the states that use each:Certificate of Incorporation (DE, NY, NJ)Articles of Incorporation (CA, CO, FL, GA, IL, MN, NV, OH, OR, PA, SC, TN, UT)Certificate of Formation (TX)Articles of Organization (MA)Over time, it is common for a company to modify all or part of its original charter. The updated filing is called an amendment and/or a restatement. Amendments and restatements are often filed to increase the number of shares the company can issue, change its governance structure, or change other information from its original charter. (245 words)
- [Where do I find the vesting schedule and vesting start date for shares? | support.carta.com](/content/support/kb/guide/en/where-do-i-find-the-vesting-schedule-and-vesting-start-date-for-shares-ryvqfrpcic/steps/3725401/index.html): What is a vesting schedule?Vesting refers to a period of time or a milestone that must be met in order for the stakeholder to be able to keep their shares if their service relationship with the company were to end. At the end of a stakeholder’s relationship with the company, the stakeholder would typically be able to keep their vested shares, but the company is able to “repurchase” the unvested shares at the same price per share that the stakeholder originally paid (this is called the “Repurchase Option”). (231 words)
- [What's the difference between canceled, forfeited, and expired equity award grants? | support.carta.com](/content/support/kb/guide/en/whats-the-difference-between-canceled-forfeited-and-expired-equity-award-grants-8ynq64rysb/steps/3725168/index.html): CanceledWhen a security's terms and agreements are no longer valid, or when the security has been incorrectly issued (thus granted and canceled on the same day). Option grants are also canceled during repricings and transfers. Additionally, canceled reflects grants in which no options have vested as of the termination date, and as a result all unvested options return to the pool immediately upon termination.Example:Mary had been granted 2 option grants: ES-12 and ES-56 on Feb 2. However, eShares' admin realized that ES-56 is a duplicate issuance. Admin will Cancel ES-56 as of Feb 2 due to clerical error to ensure that the terms/documents set forth are not active/valid. Ideally, company admins identify this error before Mary has a chance to accept ES-56. (326 words)
- [What does it mean to be a 10% shareholder? | support.carta.com](/content/support/kb/guide/en/what-does-it-mean-to-be-a-10-shareholder-rym7shnez6/steps/3725138/index.html): What does it mean to be a 10% shareholder?Special conditions are required for individuals who own (or are treated as owning) stock accounting for 10% or more of the total combined voting power of all classes of stock of the corporation employing the optionee.  If, immediately before an option is granted, an individual does own (or is treated as owning) stock accounting for 10% or more of the total combined voting power of all classes of stock, options granted to the individual cannot qualify as ISOs unless the strike price is at least 110% of the fair market value (FMV) with a grant expiration date that is no later than five years after the initial grant grate. Learn more from the IRS – See §§1.422-2(f) (126 words)
- [Understanding interest and dividend accrual in  Carta | support.carta.com](/content/support/kb/guide/en/understanding-interest-and-dividend-accrual-in-carta-fgg8q6c9yl/steps/3724900/index.html): Understanding interest and dividend accrual in Carta The Carta platform automates the calculation and display of accruals for convertible securities and certificates with non-cash dividends. (56 words)
- [Annual Equity Report 2019 by Carta](/content/uk/en/data/equity-report-2019/index.html): The table stakes study (3,241 words)
- [How to create a deferred share class in Carta as a UK company | support.carta.com](/content/support/kb/guide/en/how-to-create-a-deferred-share-class-in-carta-as-a-uk-company-7edv7a9zne/steps/4508625/index.html): How to create a deferred share class in Carta–What are deferred share classes?
Deferred share classes are a type of equity (common in the UK) that represent legal ownership of a company but offer minimal or no economic rights. 
Typically, holders of deferred shares:Are last in line for dividends, receiving payment only after specific conditions are met, such as profitability or a set minimum dividend for other share classes.Have no or limited voting rights, restricting their influence in company decisions. Are last to receive assets if the company is wound up, after all other shareholders and creditors. Cannot expect to receive payouts in liquidity events (exits), as the company will often use its right to cancel deferred shares beforehand  Deferred shares "neutralize" shares for founders/employees who have not met vesting or performance conditions by converting their equity to a class with limited rights, rather than canceling the shares outright. (171 words)
- [Where do I find the official legend for shares in the stock purchase agreement? | support.carta.com](/content/support/kb/guide/en/where-do-i-find-the-official-legend-for-shares-in-the-stock-purchase-agreement-rcajrj5oyd/steps/3725390/index.html): Where do I find the official legend for shares in the stock purchase agreement? A legend is a statement on a stock certificate noting restrictions on the transfer of the stock. This often occurs due to Securities and Exchange Commission (SEC) requirements for unregistered securities. Restrictions on the sale or transfer of share ownership are common among privately-held corporations. The legend warns against the public resale of shares and asks the issuer to replace these shares with legend-free ones instead. See the example of a legend found in a Common Stock Purchase Agreement. (93 words)
- [What is the difference between authorized, outstanding, and fully diluted shares? | support.carta.com](/content/support/kb/guide/en/what-is-the-difference-between-authorized-outstanding-and-fully-diluted-shares-uuzavekaai/steps/3802532/index.html): What is the difference between authorized, outstanding, and fully diluted shares?.Make a selection to learn more. (27 words)
- [What are the different types of post-termination exercise (PTE) periods? | support.carta.com](/content/support/kb/guide/en/what-are-the-different-types-of-post-termination-exercise-pte-periods-yr7rqbv2qt/steps/3725188/index.html): What are the different types of PTE periods?When an optionholder terminates his or her service with a company, they are given a finite period of time to decided whether or not to exercise any vested options (a post-termination exercise period, or PTEP) before the allocated shares return to the pool. This interval varies depending on the termination type, and termination definitions vary from plan to plan. For a generalized list, check out the table below. Not all plans specify each listed type. If you're an optionholder, refer to your plan documents for the termination definitions that apply to you.Voluntary terminationIn a voluntary termination, an employee resigns from his or her job. Resignations occur for a variety of reasons that include:a new joba spouse's acceptance of a new job in a distant locationor returning to school.Involuntary terminationIn an involuntary termination, an employer fires the employee or removes the employee from his or her job. An involuntary termination is usually the result of an employer's dissatisfaction with an employee or an economic downturn.Termination with causeTermination with cause can occur in such situations as: violation of the company code of conduct or ethics policyfailure to follow company policy, violence or threatened violenceextreme insubordinationor harassment. The reason for termination is typically stated in the termination letter.DeathFollowing the death of an option holder, the option holder's beneficiary or estate will be granted a period of time to exercise the option grant.DisabilityWhen an option holder's service status is terminated due to disability (as defined by the Plan), he or she is granted a period of time to exercise his or her options.RetirementWhen an option holder retires, he or she is granted a period of time to exercise his or her options. (299 words)
- [How to model ASAs, SAFEs, and convertible notes as a UK company | support.carta.com](/content/support/kb/guide/en/how-to-model-asas-safes-and-convertible-notes-as-a-uk-company-9blolku1r4/steps/4516029/index.html): How to model ASAs, SAFEs, and convertible notes as a UK company If your company is incorporated in the United Kingdom and you’ve raised funds using Advance Subscription Agreements (ASAs), SAFEs or convertible notes, it’s important to understand how these investments may convert and affect your ownership in future funding rounds.  Carta's Model your convertible investments tool is designed to help UK companies evaluate: How ASAs, SAFEs and notes convert into equity How ownership changes post-financing How valuation caps, discounts, and longstop valuations impact conversionThis article covers the UK version of the modeling tool. If you are looking for guidance on the US version, click here.  (110 words)
- [Supplier Procurement Terms | Legal Hub](/content/sg/en/legal/supplier-information/supplier-procurement-terms/index.html): Supplier procurement terms and conditions. (5,360 words)
- [SEC nominee outlines vision before Senate Banking Committee](/content/uk/en/policy/policy-weekly-03-28-25/index.html): Also, House Financial Services Committee continues capital formation push to expand access to more regions; Carta’s Head of Policy to testify in Congress next week
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- [A New Day at the FTC](/content/uk/en/policy/policy-weekly-03-21-25/index.html): Trump fires FTC commissioners, testing executive power. SEC eases Marketing compliance for private funds and continues to take steps toward crypto policy framework. (1,387 words)
- [Carta Policy: Weekly Brief for May 13 | Carta](/content/uk/en/policy/policy-weekly-05-13-22/index.html): SEC extends comment periods on key private market rulemakings & Gensler calls out crypto platforms (1,749 words)
- [Election outlook: 2024 | Carta](/content/policy/election-outlook-2024/index.html): The 2024 election cycle has been one of the most tumultuous in modern American political history. The Carta Policy Team offers analysis of how the dynamics of the race could affect key issues for the innovation ecosystem.  (2,724 words)
- [Carta Policy: Weekly Brief for June 3 | Carta](/content/uk/en/policy/policy-weekly-06-03-22/index.html): Policymakers remain focused on economic conditions, rising inflation, and cryptocurrency. (1,010 words)
- [Late-stage Companies: | Carta | Carta Community](/content/community/c/guides/late-stage-companies/index.html): Learn how to late-stage companies:. Step-by-step guidance for founders and admins using Carta's equity management platform. (1,171 words)
- [Building for private capital: Product principles that power Carta](/content/uk/en/blog/carta-product-principles/index.html): Our product principles keep us bold, focused, and solving real-world problems. Here's what guides us and how we craft software for the unique world of private capital.
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- [Colorado is bucking the trend of slumping startup investment | Carta](/content/uk/en/data/colorado-vc-2022/index.html): Colorado has proven more resilient than most other states as the U.S. venture capital sector endures a pullback in funding. (1,172 words)
- [Post-Fundraising Checklist: How to Set Up Carta After Your Funding Round | Carta Community](/content/community/c/guides/post-fundraising/index.html): Just closed a round? Here's what to do next: request your 409a, update your equity plan, issue securities, and set up investor access. (1,354 words)
- [Carta Policy: Weekly Brief for April 15 | Carta](/content/uk/en/policy/policy-weekly-04-15-22/index.html): Upcoming Congressional agenda, tax policy for startups and small businesses, the OCC on stablecoin, and more. (1,683 words)
- [The SEC is open for business](/content/uk/en/policy/policy-weekly-03-14-25/index.html): Guidance on accredited investors, and new clarity on gross/net performance reporting. Plus: Senate Banking advances stablecoin legislation, and Senate Dems blink in government funding fight to avert shutdown.
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- [Private Equity Software: Connected Private Equity Fund Management](/content/solutions/private-equity/index-2.html): Meet the first unified software suite that gives private equity fund CFOs unprecedented visibility, precision, and control. (589 words)
- [Proposed outbound investment screen will impact venture](/content/policy/policy-weekly-06-28-24/index.html): SCOTUS curbs powers of administrative state and SEC. 
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- [6 shifts in seed funding | Carta](/content/data/seed-funding-shifts-2023/index.html): California is still the center of seed-stage funding in the U.S. But in the past three years, other states have gained ground. (1,018 words)
- [How to manage securities templates | support.carta.com](/content/support/kb/guide/en/how-to-manage-securities-templates-j5v3tahpwc/steps/3724713-3773074/index.html): How to manage securities templatesSecurities templates empower company admins to effortlessly create and manage pre-defined sets of information and documents, streamlining the equity issuance process by eliminating repetitive administrative work. Think of these templates as the fundamental building blocks for the various forms of equity your company issues. Combined, they can form a convenient package that encompasses all the essential legal and administrative elements of a compliant security.Carta supports five distinct template types that can be seamlessly applied to securities when drafting.Select an option below to learn more. (332 words)
- [Announcing Transparent 409A Valuations from Carta | Carta](/content/uk/en/blog/transparent-409a/index.html): Today Carta is making four announcements about 409A valuations. (337 words)
- [Q4 2025 VC Fund Performance](/content/data/vc-fund-performance-q4-2025/index-2.html): How are the last eight years of venture capital funds performing so far? This report highlights the latest Carta data on several of the industry’s most closely watched metrics, including IRR, TVPI, DPI, LP check sizes, and more.  (1,031 words)
- [Federal government shutters with implications for private capital ecosystem](/content/uk/en/policy/policy-weekly-10-03-25/index.html): The federal government shutdown halts regulatory progress impacting private capital and startups, California's landmark AI law sets a new standard for transparency, and the SEC clarifies crypto custody rules for advisers and funds. (1,072 words)
- [Shifts in California, Texas show the geography of VC is changing](/content/uk/en/data/venture-shifts-california-texas/index.html): In Q1, the Lone Star State made big gains in the share of venture capital dollars it brings home. (582 words)
- [Energy sector funding fell sharply in 2022 | Carta](/content/sg/en/data/energy-vc-2022/index.html): Renewable energy companies on Carta raised just $226 million across 16 investments during Q4. Here's how that looks in context. (891 words)
- [Carta + Deel partner on international exercises | Carta](/content/product-updates/deel-partnership-international-options/index.html): Carta and Deel are thrilled to announce a major step forward for our ecosystem: automated global equity compliance. 
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- [What the SEC’s rule changes mean for private funds | Carta](/content/sg/en/policy/sec-proposed-rules-private-funds/index.html): The proposed rules have the potential to alter how the private fund industry operates—and could greatly increase the costs of regulatory compliance. (2,606 words)
- [How to draft and issue Growth Shares | support.carta.com](/content/support/kb/guide/en/how-to-draft-and-issue-growth-shares-ebb0vzsj8w/steps/5480492/index.html): How to draft and issue Growth Shares.What are Growth Shares?Growth Shares are a UK equity instrument primarily used by PE-backed companies to give employees and management a share in future company growth. Unlike options (such as EMI or CSOP), Growth Shares are actual shares issued directly to the holder — there is no exercise step.🔑 The key feature of Growth Shares is the hurdle value: the company's fair market value at the time the shares are granted. The holder only participates in the company's value above this hurdle. If the company's value at a future liquidity event is below the hurdle, the shares have no economic value. If it is above, the holder receives a portion of the growth.Growth Shares are an alternative to EMI and CSOP for companies where employees don't qualify for those schemes or where the company has reached its EMI limit.This feature must be enabled manually by Carta. If you need this enabled for your company, contact your account manager.Navigate to Essentials → Issue equity and click the Growth shares tab. (238 words)
- [How to record distributions in Carta | support.carta.com](/content/support/kb/guide/en/how-to-record-distributions-in-carta-8lruhceyot/steps/5727364/index.html): How to record distributions in CartaCompany administrators can create and record pro-rata and custom distributions for LLC entities directly in Carta. Use this guide to create, configure, release, and track a distribution. Setting up the distributionFrom your Carta dashboard, go to Manage Capital and select the Distributions tab.Click Create distribution, then fill in the following fields:FieldDescriptionTotal to distributeThe total dollar amount of the distributionDateThe distribution dateTypeCurrent, Tax, or Sale — used for categorization only; does not affect calculationsAllocation methodPro Rata or CustomDescriptionA name or label for this distributionNext, you'll configure return of capital based on the allocation method you selected:Pro RataA Return of Capital modal will appear. Select one of the following options, then click Continue:Return percent of payment — enter the percentage to apply as a return of invested capitalDo not return invested capitalCustomEnter values directly in the allocations table:Returning invested capital — the portion of each payout applied as a return of invested capitalReturning preferred return — the portion of each payout applied to the preferred returnReturning invested capital cannot exceed the Unreturned invested capital amount. Returning preferred return cannot exceed the Unpaid preferred return. The two values combined cannot exceed the Payout amount. (467 words)
- [Early-stage VC deals declined Q4 2022 | Carta](/content/sg/en/data/deal-counts-by-stage-2022/index.html): Following a brief period of resilience, early-stage deals retreated in Q4. (688 words)
- [Nicole Baer | Carta](/content/executive-team/nicole-baer/index-2.html):   (161 words)
- [How to export the Portfolio security report | support.carta.com](/content/support/kb/guide/en/how-to-export-the-portfolio-security-report-uqymmzanw5/steps/4127364/index.html): Carta cannot sign any investment confirmation letters. We are a self-service platform that stores information given to us by companies and investors that are our customers, so there may be a delay between changes to securities and customers updating data in Carta. Therefore, we cannot verify any information for formal audits. Contact the portfolio company directly to provide any required confirmation.How to export the Portfolio security reportBefore accessing the report in Carta, ensure that your audit firm is added to the account with "Audit" level access.Select the entity from the dropdown menu in the upper left corner (71 words)
- [How to complete KYC as a new Fund Admin customer | support.carta.com](/content/support/kb/guide/en/how-to-complete-kyc-as-a-new-fund-admin-customer-5pgrhktl45/steps/3724860/index.html): How to complete your KYC due diligence checkFor new Fund Administration clientsPrior to onboarding your fund or SPV, you’ll need to complete a know your customer (KYC) due diligence check.  You’ll receive an email from <no-reply@carta.com> to begin this process.Click Activate account at the bottom of the email to create a new Carta account or login to an existing Carta account (165 words)
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- [How to download ASC 820 valuations | support.carta.com](/content/support/kb/guide/en/how-to-download-asc-820-valuations-iqdi0xsrkd/steps/3725298/index.html): How to download ASC 820 valuationsAfter logging into Carta, navigate to Investments.Click the portfolio company’s name. (98 words)
- [How to designate a point of contact for GP tasks | support.carta.com](/content/support/kb/guide/en/how-to-designate-a-point-of-contact-for-gp-tasks-jraottrbdm/steps/3724749/index.html): How to designate a point of contact for GP tasksCarta's Fund Administration team works in close partnership with general partners to run their back office. To ensure accurate and timely deliverables and enable the quick resolution of open tasks, follow the steps below to designate someone to serve as the point of contact for your firm's Carta account.These tasks include:Signing off on management feesApproving the SOIApproving financial reportsReviewing and approving valuation updatesApproving expense paymentsYou must have Fund administration level access to update points of contact.To get started, select Notification Settings from the dropdown on the right of the Carta Dashboard. (196 words)
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- [How to update an LP's W8 or W9 document | support.carta.com](/content/support/kb/guide/en/how-to-update-an-lps-w8-or-w9-document-unntmiofoh/steps/4064641/index.html): How to update an LP's W8 or W9 document A limited partner can update the W8 or W9 document on file for them by follow the steps found here. As a GP you are also able to update this on your limited partners' behalf by follow the steps below:Navigate to the entity > Partners tab (77 words)
- [Richer detail for capital call notices - Carta Release Notes - Product Updates](/content/releasenotes/richer-detail-for-capital-call-notices-2we6qs/index.html): 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.  W... (206 words)
- [ASC 820 valuations: Methodologies | support.carta.com](/content/support/kb/guide/en/asc-820-valuations-methodologies-kksz3l0jik/steps/3724905/index.html): ASC 820 valuations: Methodologies Choosing accurate and appropriate methodologies for an 820 valuation is dependent on the specifics of each company and each fund’s valuation policy. Factors that influence methodology selection include a company's funding history, historical and projected financials, timing to a liquidity event, and other factors. The following are common methodologies accepted by the AICPA Practice Aid:Post-money method: This methodology takes the price paid in the most recent financing multiplied by the number of common stock equivalents.Subject company transaction or “Backsolve” method: This methodology consists of examining the values of prior equity transactions of the portfolio company.Guideline public company method: This methodology relies on an analysis of publicly traded companies similar in industry and/or business model to the portfolio company. This methodology uses guideline companies to develop relevant market multiples using metrics such as revenue, and/or earnings before interest, taxes, depreciation and amortization (EBITDA). These multiples and values are then applied to your company’s corresponding financial metrics.Guideline company transaction method: This methodology relies on an analysis of transactions of companies similar in industry and/or business model to the portfolio company. This methodology uses guideline companies to develop relevant market multiples using metrics such as revenue, and/or earnings before interest, taxes, depreciation and amortization (EBITDA). These multiples and values are then applied to your company’s corresponding financial metrics.Income approach: The income approach focuses on the income producing capability of your company, and is commonly known as a discounted cash flow analysis. Carta’s valuation tool does not currently have this capability..Click on your question to learn more. (256 words)
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- [How to draft and issue SARs or UARs | support.carta.com](/content/support/kb/guide/en/how-to-draft-and-issue-sars-or-uars-idlke9jvav/steps/3763975/index.html): Drafting and issuing SARs or UARsRequired permissions:Company account users with Full access or Company editor permissions can enter SAR or UAR drafts information. . Only Full access users can issue securities to the cap table.Requirements for issuing SARs or UARs on Carta:Company must have a current FMVShare classes must be configuredEquity plan established and set up on CartaIt's also helpful to have already created any necessary securities templates prior to drafting, such as document sets and vesting schedules. (112 words)
- [How to add an auditor to an investment firm | support.carta.com](/content/support/kb/guide/en/how-to-add-an-auditor-to-an-investment-firm-ztoqfwgdlo/steps/3724751/index.html): How to add an auditor to an investment firm Navigate to Firm Settings > Settings on the left.  The first tab of the Settings page is People. (98 words)
- [ASC 820 valuations: How-to videos | support.carta.com](/content/support/kb/guide/en/asc-820-valuations-how-to-videos-b8px3hainz/steps/3724886/index.html): ASC 820 valuations: How-to videosWe've prepared the videos listed below to assist you with understanding and completing the tasks and responsibilities associated with your self-service ASC 820 valuation.Click on a link to view on Youtube.DescriptionVideoHow to check access to master cap tables on Carta for your ASC 820 valuationChecking Cap Table AccessHow to request cap table access from Carta companies within your investment accountRequesting Cap Table AccessHow to create a paper company within an investment fund’s accountCreating a Paper CompanyHow to create a pro-forma cap table on Carta for self-service ASC 820 valuation purposesCreating a Pro-FormaHow to use the cap table builder functionality for both pro-forma and paper companiesUsing the Cap Table BuilderHow to create a new valuation for a portfolio companyCreating a New ValuationHow to use the “Ticker:Exchange” taxonomy for entering foreign comparable companiesAdding a Foreign Company ComparableHow to run a Backsolve OPM in the self- service 820 valuations toolRunning a Backsolve OPMHow to identify the inputs of the guideline public companies valuation methodology and complete oneRunning a GPCHow to copy assumptions for a self-service ASC 820 valuationCopying AssumptionsHow to roll an existing finalized valuation forward to a new valuation dateRolling a Valuation ForwardIdentify the inputs of the equity adjustment with respect to the backsolve, and how to run oneEquity Adjustment: Backsolve OPMIdentify the inputs of the equity adjustment with respect to the post-money valuation methodologyEquity Adjustment: Post MoneyHow to run a common stock equivalent (CSE) allocationAllocations: CSEHow to run a waterfall allocation in the self-service 820 valuation toolAllocations: WaterfallHow to run option pricing model allocation methodologyAllocations: OPM (286 words)
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- [ASC 820 valuations: Allocation methodologies | support.carta.com](/content/support/kb/guide/en/asc-820-valuations-allocation-methodologies-el5gbotlb9/steps/3724904/index.html): ASC 820 provides guidelines for measuring fair value in financial reporting. Allocation methodologies are essential for accurately determining the fair value of individual elements within assets or liabilities, helping to ensure transparent and reliable financial reporting by aligning valuations with market conditions and relevant factors.Click your question to learn more. (68 words)
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- [How does a secondary transaction affect an 820 valuation? | support.carta.com](/content/support/kb/guide/en/how-does-a-secondary-transaction-affect-an-820-valuation-1nk47iurr0/steps/3724911/index.html): How does a secondary transaction affect an 820 valuation?Secondary transactions offer a way for founders, investors, and employees to access liquidity. However, in assessing the effect of secondary transactions on the company's valuation, a variety of aspects should be considered when determining the appropriate weight to assign to the price of the secondary transaction. Factors that affect the weight given to secondary transactions in valuations include, but are not limited to, those listed below.Share classes transacted: Valuations focus on common stock, not preferred stock.Company history and future plans: The context of secondary transactions matters, such as being tied to primary transactions or recurring liquidity events.Transaction price determination: Factors like arm's length nature, company involvement, and consistency of pricing.Details of buyers and sellers: New investors, employees, concentration of buyers, and motivations influence weighting.Seller restrictions: Imposed limitations impact valuation.Transaction size: Relative size compared to company value and primary transactions matters.For more in-depth information about how a secondary transaction may impact your valuation, check out the PDF linked below. (155 words)
- [What are Carta VC's consent requirements for non-US tax support? | support.carta.com](/content/support/kb/guide/en/what-are-carta-vcs-consent-requirements-for-non-us-tax-support-wzuobz3ykj/steps/3724863/index.html): What are Carta VC's consent requirements for non-US tax support?See below for an overview of Carta's Venture Capital tax preparation client consent requirements. Carta leverages Carta affiliates and service providers located outside of the United States to service tax clients. IRC §7216 requires corporate, tax, and accounting service providers to obtain client consent to allow non-US professionals to access tax return information when delivering support services. About IRC Section 7216 IRS regulation 7216 is intended to help protect the privacy and security of your tax return information. That means non-US professionals are only authorized to access taxpayers' tax return information when your consent is provided. Why is it required to provide consent for Section 7216? The IRS regulation 7216 includes restrictions on preparers of tax returns from disclosing or using tax return information outside the U.S. without the taxpayer's consent. How will my taxes be prepared if consent isn't granted for IRC Section 7216? Carta’s ability to disclose your tax return information to another tax return preparer affects the tax return preparation service(s) we provide to you and its cost. We may decline to provide you with tax return preparation services or change the terms and cost of the tax return preparation services that we provide to you if you do not provide your signature. (216 words)
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- [ASC 820 valuations: Frequently asked questions | support.carta.com](/content/support/kb/guide/en/asc-820-valuations-frequently-asked-questions-bjgrallih4/steps/3724909/index.html): ASC 820 valuationsFrequently asked questions ASC 820 is an accounting standard that requires investments to be reported at fair value, and classifies assets based on their level of liquidity. If you’re a venture capital firm, hedge fund, private equity firm, or insurance company, it’s crucial to assess the value of your investments each financial reporting period. At Carta, we help investors determine the value of their private holdings by relying on methodologies and considerations in line with guidance from the AICPA to ensure an audit defensible analysis.Select an option to learn more. (139 words)
- [How to draft and issue share certificates | support.carta.com](/content/support/kb/guide/en/how-to-draft-and-issue-share-certificates-6yawth9hof/steps/3759519/index.html): 📍Depending on your company and account type, you may see the term “shares” instead of “certificates” in some parts of the Carta platform. The terminology reflects how your company records ownership and will not affect your holdings or actions.Drafting and issuing share certificatesRequired permissions:Company account users with Full access, Company editor, or HR administrator permissions can enter drafts information. . Only Full access users can issue securities to the cap table.Share classes must be configured for share certificates to be issued on Carta. It's also helpful to have already created any necessary securities templates prior to drafting, such as document sets and vesting schedules..Keep reading to learn how to draft share certificates and send them for signature through Carta. (62 words)
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- [How to use the PDF divider | support.carta.com](/content/support/kb/guide/en/how-to-use-the-pdf-divider-1bfxjlkrrc/steps/3725337/index.html): How to use the PDF dividerThe PDF divider can be used to send multiple documents to your LPs using a single source PDF. To use the PDF dividerSelect Divide PDF from the Upload documents dropdown in the Partners > Documents tab of the applicable fund.Click Download template and open the template in a spreadsheet editor.Both the Partner and Unique Identifier columns will be pre-populated when you download the template.The Unique identifier is the text the importer will look for when scanning the document. The exact Partner name in the document is a good unique identifier in most cases.Select the Document type from the dropdown.The Document name and date will show in the investor's Carta portal.The File name should exactly match the name of the PDF file that you are uploading. The file extension is required (e.g. Krakatoa Ventures - K-1.pdf).Save the completed template and return to the PDF divider window.Select the completed spreadsheet and the source PDF from your local drive and click Import spreadsheet. (67 words)
- [How to Use External Connections in Data Warehouse | support.carta.com](/content/support/kb/guide/en/how-to-use-external-connections-in-data-warehouse-vm8gvoyaif/steps/5175534/index.html): OverviewThe Manage External Connections feature lets your firm bring data from third-party portfolio management tools directly into Carta's Data Warehouse. Once connected, your external data is automatically synced and joinable with Carta's native fund data in the Data Explorer — giving you a single place to run cross-platform queries and analyses. (60 words)
- [How to use pro forma cap tables for ASC 820 valuations | support.carta.com](/content/support/kb/guide/en/how-to-use-pro-forma-cap-tables-for-asc-820-valuations-y32nt5e0ty/steps/3899049/index.html): How to use pro forma cap tables for ASC 820 valuationsPro-forma cap tables can be created using Carta's ASC 820 Valuation tool. Learn how to create pro-formas both for companies that have and those that have not granted you cap table access by clicking a tile below:  (65 words)
- [How to delete investor documents | support.carta.com](/content/support/kb/guide/en/how-to-delete-investor-documents-qbgnm2adzr/steps/3725339/index.html): How to delete investor documentsPast documents can be deleted through the portal. Once deleted, LPs will no longer have access.Log into Carta and navigate to the applicable entity.Click into the Partners tab.Click into the Documents tab below.Select each document you'd like to delete by checking the box to its left.Click Actions and select Delete documents.Click again to confirm. (65 words)
- [SEC gearing up for major private market rulemakings | Carta](/content/policy/policy-weekly-06-15-23/index.html): Courts side with CFTC in landmark crypto case. (1,895 words)
- [How to use Portfolio Valuations | support.carta.com](/content/support/kb/guide/en/how-to-use-portfolio-valuations-bq3x2v0sft/steps/5702243/index.html): Portfolio Valuations is an end-to-end tool designed for investment teams and fund administrators to manage, track and automate the valuation process for private assets. By centralizing data from the cap table and external inputs, it ensures compliance with ASC 820 standards and provides real-time visibility into fund performance. The tool supports the following enterprise value methodologies:Discounted Cash Flow (DCF)Public company comparablesM&A transaction comparablesBacksolve (secondary transaction, post-money, or equity adjustment)Option Pricing Model (OPM) (99 words)
- [How to reverse an option grant termination | support.carta.com](/content/support/kb/guide/en/how-to-reverse-an-option-grant-termination-j3gfv1gkct/steps/3725153/index.html): How to reverse an option grant terminationTo correctly update a stakeholder's termination date, a company admin will have to first reverse the terminations of any impacted securities.If the stakeholder's termination date is correct but you'd like to make changes to their post-termination exercise period(s), click at the bottom for instructions. .Navigate to Essentials → Manage equity → Options.Locate the applicable award and click the button to the right of its row. Under "Other," select Reverse termination.Review the reversal details and click Reverse termination to proceed. Repeat these steps for any additional outstanding equity awards associated with the terminated stakeholder.Keep reading to learn how to re-terminate the stakeholder with the correct information..These instructions apply to both option grants and RSUs. (80 words)
- [How to use Your Quarter on Carta to monitor equity activity | support.carta.com](/content/support/kb/guide/en/how-to-use-your-quarter-on-carta-to-monitor-equity-activity-j2vtxon4l8/steps/4593025/index.html): How to use Your Quarter on Carta to monitor equity activity Stay informed and maximize your Carta subscription with a simple quarterly summary delivered straight to your inbox. Your Quarter on Carta provides company admins with a clear, visual snapshot of how your team engaged with Carta over the past quarter.Understand how much your team is using Carta. Stay on top of equity administration. Discover how much investors are interacting with your data. Identify features you're using within your plan.  (145 words)
- [How to manage email notification settings | support.carta.com](/content/support/kb/guide/en/how-to-manage-email-notification-settings-vst7fws9ur/steps/3725280/index.html): How to manage email notification settingsCarta makes it easy to manage what email notifications are sent by your firm's account and to whom through the Email Preferences page.To manage email notification preferences, navigate to Firm Settings > Email Preferences.You can manage email notification settings by category through the tabs on the left of the Email preferences page.Securities: Receive emails when portfolio companies issue new securities or make modifications to existing securities.Investor relations: Receive emails when portfolio companies grant or modify access to their cap tables and financial information.Transactions: Receive emails for activities related to capital calls, distributions, bank accounts, exercises, dividends and tender offers.Documents: Receive emails when portfolio companies share new documents on the platform.Vesting: Receive emails related to the vesting of securities.Notifications can be managed for each individual by using the slider to toggle them on (green) or off (greyed out).Once you've made the desired changes, click Update settings at the bottom of the page to save.If you do not see this page in your account, submit a case through the Carta Help link at the end of this article. (103 words)
- [How do I set up email rerouting? | support.carta.com](/content/support/kb/guide/en/how-do-i-set-up-email-rerouting-lcwmfpidar/steps/3725320/index.html): How do I set up email rerouting?Email rerouting is a feature that redirects emails and tasks sent to a domain (*.example.com) or user (user@example.com) by a company on Carta to one or many designated email administrators instead. This feature is used when an investment firm has a designated person or group that is responsible for accepting securities into the portfolio and they would like to funnel all of them to those users. Certain user(s) can be excluded from the email rerouting feature if the user(s) wants to receive all emails and tasks sent to them.Contact us via the link below to have this feature enabled on your account.Our team can also provide more details and examples to determine if the feature is a good fit.If email rerouting is enabled on your account and another user needs to accept the security, you can:Forward the email notification to the correct userContact the company and request the security to be issued to another email not impacted by rerouting (such as a personal address)Contact our support team to have the user be added onto the email rerouting exclusion list (107 words)
- [How to draft and issue ASAs | support.carta.com](/content/support/kb/guide/en/how-to-draft-and-issue-asas-m2cq6pwazu/steps/4784614/index.html): Drafting and issuing Advanced Subscription Agreements (ASAs) Advanced Subscription Agreements (ASAs) are UK-specific financing instruments commonly used by startups to raise funds before a formal equity fundraising round, similar to SAFEs.Only available for UK companiesNavigate to Raise funds → Add investment.Select the instrument type, ASA → click Next: Investor information. (113 words)
- [How to request an ASC 820 valuation | support.carta.com](/content/support/kb/guide/en/how-to-request-an-asc-820-valuation-ncw2fqddn9/steps/3724910/index.html): How to request an ASC 820 valuationASC 820 is an accounting standard that requires investments to be reported at fair value, and classifies assets based on their level of liquidity.  If you’re a venture capital firm, hedge fund, private equity firm, or insurance company, it’s crucial to assess the value of your investments each financial reporting period.  At Carta, we help investors determine the value of their private holdings by relying on methodologies and considerations in line with guidance from the AICPA to ensure an audit defensible analysis.Select an option for more information. (126 words)
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- [How to reorder entities in an investment firm | support.carta.com](/content/support/kb/guide/en/how-to-reorder-entities-in-an-investment-firm-oqepucc6q1/steps/3724888/index.html): How to reorder entitiesThe order in which entities appear on the firm overview Entities tab can be edited by any administrator listed on the investment firm's People page. On the Entities tab, click Manage Entities. Select Reorder Entities (a new page will open). (62 words)
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- [How to setup instant access K-1s : a guide for GPs | support.carta.com](/content/support/kb/guide/en/how-to-setup-instant-access-k-1s-a-guide-for-gps-g1yrvj6jyx/steps/4194044/index.html): How to setup instant access K-1s Carta's new Instant Access K-1s feature offers a streamlined way for your LPs to view, download, and share their tax documents. This guide explains how the feature works and how to enable it when sharing tax documents with your LPs.If you have any questions about the Instant Access K-1s feature, please contact your Carta representative or email support@carta.com. (66 words)
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- [How to draft and issue CBUs | support.carta.com](/content/support/kb/guide/en/how-to-draft-and-issue-cbus-chqyor4ycd/steps/3764122/index.html): ⚠️ The ability to issue CBUs must first be configured by Carta Support.  Drafting and issuing CBUsRequired permissions:Company account users with Full access or Company editor permissions can enter drafts information. . Only Full access users can issue securities to the cap table.Requirements for issuing CBUs on Carta:⚠️ Carta Support has added the ability to issue CBUs.Company must have a current FMVShare classes must be configuredEquity plan established and set up on CartaIt's also helpful to have already created any necessary securities templates prior to drafting, such as document sets and vesting schedules..Keep reading to learn how to draft cash bonus units and send them for signature through Carta. (56 words)
- [Third Party Tax: A Guide to Year End | support.carta.com](/content/support/kb/guide/en/third-party-tax-a-guide-to-year-end-qpzsicv098/steps/3939668/index.html): Get ready for year end with Carta. Here’s a guide of important dates, best practices, and more so you can stay ahead this tax and audit season. (86 words)
- [How to sign company securities | support.carta.com](/content/support/kb/guide/en/how-to-sign-company-securities-dufbf63lnh/steps/3750740/index.html): How to sign company securitiesDesignate company officers to sign securities before they get sent to their respective holders, ensuring accurate and transparent equity issuance through Carta.Disabling requirement for security signatures is not supported.  (46 words)
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- [How to set firm permissions | support.carta.com](/content/support/kb/guide/en/how-to-set-firm-permissions-vwhhfyr3zw/steps/4358544/index.html): How to manage users on the People page The People page in your investment firm's portfolio is where you can manage firm members and service providers. This support article covers how to add a new user, edit existing users, and view user permissions.Only administrators have permission to make changes on the People page. This includes adding, editing, and assigning permissions to users. (66 words)
- [How to draft and issue warrants | support.carta.com](/content/support/kb/guide/en/how-to-draft-and-issue-warrants-dd5fam3mvc/steps/3764438/index.html): Drafting and issuing warrantsRequired permissions:Company account users with Full access or Company editor permissions can draft warrants. . Only Full access users can make changes to the cap table.Requirements for issuing warrants on Carta:Company must have a current FMVA warrant block and share classes must be configured.Keep reading to learn how to draft warrants and send them for signature through Carta. (38 words)
- [How to draft and issue convertibles | support.carta.com](/content/support/kb/guide/en/how-to-draft-and-issue-convertibles-hg8ebepsrt/steps/3764237/index.html): Drafting and issuing convertible notesRequired permissions:Company account users with Full access or Company editor permissions can draft convertible notes. . Only Full access users can make changes to the cap table.Requirements for issuing convertibles on Carta:Convertible terms and share classes must be configured (16 words)
- [How to draft and issue RSAs | support.carta.com](/content/support/kb/guide/en/how-to-draft-and-issue-rsas-fidfmgoszz/steps/3724842/index.html): Drafting and issuing RSAsRequired permissions:Company account users with Full access or Company editor permissions can enter drafts information. . Only Full access users can issue securities to the cap table.Requirements for issuing RSAs on Carta:Company must have a current FMVShare classes must be configuredEquity plan established and set up on CartaIt's also helpful to have already created any necessary securities templates prior to drafting, such as document sets and vesting schedules..Keep reading to learn how to draft restricted stock awards (RSAs) and send them for signature through Carta. (41 words)
- [How to draft and issue profits interests | support.carta.com](/content/support/kb/guide/en/how-to-draft-and-issue-profits-interests-btoi7p9rxp/steps/3764163/index.html): Drafting and issuing profits interests (PIUs)Required permissions:Company account users with Full access or Company editor permissions can enter drafts information. . Only Full access users can issue securities to the cap table.Requirements for issuing profits interests on Carta:Company must have a current FMVShare classes must be configuredEquity plan established and set up on CartaIt's also helpful to have already created any necessary securities templates prior to drafting, such as document sets and vesting schedules..Keep reading to learn how to draft profits interests (PIUs) and send them for signature through Carta. (38 words)
- [How to draft and issue CSOPs | support.carta.com](/content/support/kb/guide/en/how-to-draft-and-issue-csops-zvagdyvfup/steps/4987217/index.html): How to draft and issue CSOPsA Company Share Option Plan (CSOP) is a tax-advantaged share option scheme available to UK companies. It allows employers to grant options to employees with favorable tax treatment, provided the exercise price is set at or above the fair market value (FMV) on the date of grant. (61 words)
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- [How to draft and issue employee warrants | support.carta.com](/content/support/kb/guide/en/how-to-draft-and-issue-employee-warrants-sauj45ehbj/steps/4995086/index.html): How to draft and issue employee warrantsIn some markets, particularly for non-US companies, warrants are used as a standard incentive instrument for employees rather than traditional options. Carta provides a solution that allows these companies to manage and display options as "Warrants" to align with local market expectations. (59 words)
- [How to draft and issue EMI options | support.carta.com](/content/support/kb/guide/en/how-to-draft-and-issue-emi-options-r9wljdlh9e/steps/4987201/index.html): How to draft and issue EMI optionsEnterprise Management Incentive (EMI) options are a popular, tax-advantaged equity scheme used by small to mid-sized, high-growth UK companies to attract and retain talent. They offer significant tax benefits for both employers and employees when specific eligibility, documentation, and reporting criteria set by HMRC are met. (64 words)
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- [How to download the Open Cap Table Excel Standard (OCX) | support.carta.com](/content/support/kb/guide/en/how-to-download-the-open-cap-table-excel-standard-ocx-x4mjs6421p/steps/3747538/index.html): Downloading the Open Cap Table Excel Standard (OCX)OCX, also known as the Open Cap Table Excel Standard, is an initiative led by the Open Cap Table Coalition that aims to standardize an ecosystem where various stakeholders operate differently in terms of their practices and data presentation. Adopting a more uniform approach enables seamless interaction with equity data and smoother movement across different processes and platforms. OCX serves as a cap table report, similar to Carta's existing cap table feature, and represents Carta’s commitment to a more standardized approach to equity practices across the industry. Click here to learn more about OCX, and click here to learn more about other reports available in Carta’s Equity Reporting Suite. (133 words)
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- [How to export the Tender Offer Seller Model Report | support.carta.com](/content/support/kb/guide/en/how-to-export-the-tender-offer-seller-model-report-zufd6zo4c8/steps/3745626/index.html): Exporting the Tender Offer Seller Model ReportDetermining stakeholder eligibility is a major component of preparing for a tender offer. To make this process seamless, Carta has created the new Tender offer seller model report. Click on a topic below to learn more: (61 words)
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- [How to issue warrants through Carta | support.carta.com](/content/support/kb/guide/en/how-to-issue-warrants-through-carta-guasoiamwq/steps/3725154/index.html): How to issue warrants through CartaThe links below outline Carta's warrants workflow, guiding you through each stage of managing warrants in the platform.  Whether you need to create, issue, modify, or exercise, select an option.  (46 words)
- [How to fix missing AOI documents or share class versions | support.carta.com](/content/support/kb/guide/en/how-to-fix-missing-aoi-documents-or-share-class-versions-irum1uhlrl/steps/4328388/index.html): How do I fix missing AOI documents or share class versions? If your company has missing AOI (Articles of Incorporation) documents or unmatched share class versions, a banner will appear at the top of the Manage share classes page to alert you. 👉 To find this page: Navigate to Essentials → Manage equity → click the Manage share classes drop down → Create/edit share classes. 💡 Use the search bar at the top of the navigation menu to quickly find the Manage share classes page. You can also press Command + K (on Mac) or  Control + K (on Windows) to open the search menu.  (180 words)
- [How to access fund investment documents | support.carta.com](/content/support/kb/guide/en/how-to-access-fund-investment-documents-rhcccjnhq5/steps/3724683/index.html): How to access fund investment documentsTo view documents shared by a fund, the electronic agreement must be accepted. Once signed, you will be able to view the documents by clicking the fund investment in the entity switcher dropdown. (90 words)
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- [New Tools for UK, European, and Australian Equity Management](/content/uk/en/product-updates/international-features-cap-table/index.html): Simplify filings and manage localized awards.  (442 words)
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- [How to create a warrant block | support.carta.com](/content/support/kb/guide/en/how-to-create-a-warrant-block-tpz2cxwmc3/steps/3797214/index.html): How to create a warrant blockBefore you can issue warrants on Carta, a company account user with Full access permissions must create a warrant block by following these steps.Log into Carta and navigate to Essentials > Manage equity > Warrants.Click Manage warrant blocks and select Create warrant block from the dropdown menu.Complete the warrant block details, entering a name, a prefix (for easy reference and organization), the board approval date, and the exercise price. . Select the associated share class. Click the link below if you need to create the share class in Carta first.Carta recommends creating a new warrant block for each associated share class.Upload a default Warrant purchase agreement and Form of warrant. You can use placeholder files at this time and replace the documents later, if needed.When you're finished, click Create warrant block. (140 words)
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- [How to upload and view company closing documents | support.carta.com](/content/support/kb/guide/en/how-to-upload-and-view-company-closing-documents-mr3xhpbcyv/steps/3725340/index.html): How to upload and view portfolio company documentsInvestors can upload, and view documents from the company documents page.To view the company documents page, click the company's name you would like to view from the Investments page on the left hand side bar. (101 words)
- [How to export a report with all investment information | support.carta.com](/content/support/kb/guide/en/how-to-export-a-report-with-all-investment-information-eq6jqwaoe3/steps/3725277/index.html): How to export a report with all investment informationThe Carta All investment report shows you the detailed transaction history of each certificate, such as the investment date, value, preference multiple etc.On the sidebar in your investment firm page, go to Reports and Documents > Reports.On the All investment information row, enter the desired date of the report and click Export.Select which columns to include on the report. To select all, check the Columns box.Click Generate report.Once the spreadsheet has been generated, it will be available under Downloads in the page header to the left of your name.. Below are definitions for each of the column terms within the master spreadsheet:Fund: the name of the holding entity.Company: the name of the issuing entity.Label: the security's unique ID.Security Type: the name of the share class or note block.Issue Date: the date of issuance.Accepted Date: the date of acceptance into your fund or portfolio.Custody: the custody status of your shares.Issued by Carta = "Carta - Digital,"Not held by Carta = "N/A,"Physical stock certificates held by Carta = "Carta - Paper".On Carta: denotes whether or not the issuing company is a Carta customer.Initial or Follow-On: denotes whether the investment was an initial investment or a follow-on investment.# Shares: the number of shares/units issued.Cost/Share: the cost divided by the number of shares/units issued.Cost: the total cost of the security.Value/Share: the total value divided by the number of shares/units issued.Value: total value of the security.Gain (Loss): the value minus cost.Multiple: the value divided by the cost.Unrealized or Realized: denotes whether the security is still active or inactive.Realized Date: the date the security became inactive.Value Post-Money: value/share multiplied by fully diluted shares outstanding (as of the last round).Initial FD Ownership %: denotes fully-diluted company ownership percentage at the time of issuance.Current FD Ownership %: denotes your current fully-diluted company ownership percentage.Note Investment Interest Rate: the interest rate of the convertible note.Note Investment Discount %: the discount percentage of the security.Note Investment Valuation Cap: the security valuation cap.Note Investment Maturity Date: the date the security matures.Board Membership: denotes whether anyone in the organization is a board member.Board Member: denotes who in the organization is a board member.Liquidation Preference Multiple: refers to the multiple on the initial investment a holder of a series of preferred stock will receive prior to holders of common stock in the event that the company is sold.Participating Preferred: denotes if the security participates in preferred and common payouts.Conversion Ratio: the ratio at which preferred shares convert into common shares.Preference Cap: maximum multiple on the original investment through which preferred stockholders participate. (445 words)
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Recap highlights:

Company Settings — How to set up users & p... (303 words)
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Recap highlights:

Users and permissions - How to m... (310 words)
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Recap highlights:

User permissions and company setti... (328 words)
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Recap highlights:

Corporate governance defined -... (386 words)
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Recap highlights:

UK Company House Filings -- Brianne walked thr... (257 words)
- [Learning Lab recap: Preparing to Issue Equity -- May 5, 2026 | Carta Community](/content/community/c/past-events/learning-lab-recap-preparing-to-issue-equity-may-5-2026.html): Thank you to everyone who joined today's Preparing to Issue Equity Learning Lab with @Brianne Villamor , our Customer Enablement Manager! The recording is embedded below, and the slide deck is attached.

Recap highlights:

Users and permissions: Full a... (248 words)
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- [How to download the Interest Accrual report | support.carta.com](/content/support/kb/guide/en/how-to-download-the-interest-accrual-report-sd14zbx5xc/steps/4310180/index.html): You now have visibility into the formula used to calculate the accrued interest to date, as shown in the 'Interest Calculated to Date' column on the 'Interest Accrual' tab within the quarterly financial statement package. This formula provides the underlying support for the interest amounts recorded on the Fund’s trial balance. (77 words)
- [Learning Lab: Managing the Cap Table 3/18/2026 | Carta Community](/content/community/c/past-events/learning-lab-managing-the-cap-table-3-18-2026/index.html): Thank you to everyone who joined today’s Managing the Cap Table Learning Lab with @Adebimpe Alo! The recording is embedded below, and the slide deck is attached.

Recap highlights:

Managing users, permissions, board members, signatures, and company co... (149 words)
- [Corporate Governance Learning Lab: Recording and Resources | Carta Community](/content/community/c/past-events/corporate-governance-learning-lab-recording-and-resources.html): Thank you to everyone who joined our Corporate Governance Learning Lab with @Chelsie Green! The recording is embedded below, and the slide deck is attached.


Recap highlights:

How to add board members (Director vs. Observer) and set up key roles like... (95 words)
- [Learning Lab recap: Fundraising Tools 4/9/2026 | Carta Community](/content/community/c/past-events/learning-lab-recap-fundraising-tools-4-9-2026/index.html): Thank you to everyone who joined today's Fundraising Tools Learning Lab with @Lindsay Evans and @Ricardo Ayres from our law firm support team! The recording is embedded below, and the slide deck is attached.

Recap highlights:

Model Your SAFE for earl... (156 words)
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- [sg/en/legal/terms-agreements/fund-operations-payment-terms-conditions/index.html](/content/sg/en/legal/terms-agreements/fund-operations-payment-terms-conditions/index.html) (8,305 words)
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- [Tax policy: The landscape for private equity firms in 2025](/content/sg/en/policy/private-equity-regulatory-insights-tax/index.html): In the first installment of our new series, the Carta policy team takes a look at the issues, the dynamics, the flashpoints, and the moments to watch in a tumultuous year. (3,369 words)
- [23andMe CEO Anne Wojcicki’s tactics for disrupting an industry | Carta](/content/uk/en/blog/23andme-ceo-anne-wojcicki-carta-equity-summit/index.html): At the 2021 Carta Equity Summit, Anne Wojcicki chatted with Sonal Chokshi about the best leadership lessons she’s learned since co-founding 23andMe in 2006. (3,783 words)
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- [Startup salaries vs. cost of living: Q3 2023 | Carta](/content/data/startup-salaries-cost-of-living-q3-2023/index.html): As compared to San Francisco, startup salaries in the South are on the rise, while major metros like Seattle and Boston are losing ground. (1,009 words)
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- [State of Private Markets: Los Angeles | Carta](/content/sg/en/data/state-of-private-markets-los-angeles-q1-2023/index.html): Across Q4 2022 and Q1 2023, Los Angeles County was the fifth-busiest county for venture investment in the U.S., according to Carta data. (1,266 words)
- [QSBS Terms and Conditions | Legal Hub](/content/sg/en/legal/terms-agreements/qsbs-terms-conditions/index.html): By executing an Order Form that references these QSBS Terms and Conditions (this “Agreement”), you agree to terms and conditions in this Agreement and will be referred to as “you” or “Customer” in this Agreement. (1,845 words)
- [Carta’s Private Markets Report – Q3 2020 | Carta](/content/sg/en/data/carta-private-markets-report-q3-2020/index.html): Carta's data provides insight into private equity and venture capital. In our Q3 2020 private markets report, we saw the seeds of recovery in VC. (1,008 words)
- [Business Valuations Terms and Conditions | Legal Hub](/content/sg/en/legal/terms-agreements/business-valuations-terms-conditions/index.html): By executing an Order Form that references these Business Valuations Terms and Conditions (these “Valuations Terms”), you agree to these Valuations Terms and will be referred to as “you” or “Customer” in these Valuations Terms. “Party” or “Parties” shall mean, individually, Customer or Carta Valuations LLC (“Carta Valuations”) as the context requires and, collectively, Customer and Carta Valuations. (2,120 words)
- [Equity Transaction Payment Terms | Legal Hub](/content/sg/en/legal/terms-agreements/equity-transaction-payment-terms/index.html): By electing to enable security holders to pay for or purchase securities, including but not limited to options exercises, utilizing Carta’s payments features, Customer is agreeing to these Equity Transaction Payment Terms (“Terms”), which are in addition to the terms in the Master Subscription Agreement (“MSA”) in place between Customer and Carta. (1,788 words)
- [Operational Due Diligence: The Fund Manager's ODD Checklist](/content/sg/en/learn/private-funds/management/fund-administration/operational-due-diligence/index.html): Understand the core components of operational due diligence for private funds, including how institutional investors evaluate your back-office infrastructure and compliance protocols to turn your next audit into an advantage. (1,510 words)
- [Carta Policy: Weekly Brief for July 22 | Carta](/content/uk/en/policy/policy-weekly-07-22-22/index.html): House lawmakers approaching deal on stablecoin legislation, and Congress likely to pass semiconductor funding before August recess. (1,830 words)
- [Partnership with Assemble Simplifies Compensation Planning | Carta](/content/sg/en/product-updates/assemble-compensation-planning-partnership/index.html): A new integration allows Carta Total Compensation customers to view Carta data within the Assemble platform. (415 words)
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- [Product-market fit and go-to-market: Insights from an early-stage VC](/content/sg/en/blog/innovators-summit-rebecca-lynn/index.html): Rebecca Lynn, co-founder and general partner at Canvas Ventures, shares strategies for early-stage companies looking to grow their customer base. (754 words)
- [As the pandemic eases, employers navigate remote pay | Carta](/content/sg/en/blog/remote-pay-compensation/index.html): During the pandemic, Yanni Davros was among the countless office workers who rethought where he was living. (1,848 words)
- [5 geographic trends in U.S. venture funding | Carta](/content/uk/en/data/vc-geography-q1-2024/index.html): The geographic diversification of VC has been a developing trend in recent years. Q1 2024 showed a possible reversal.  (929 words)
- [Vauban Terms and Conditions | Legal Hub](/content/sg/en/legal/terms-agreements/vauban-terms-conditions-usa/index.html): https://www.vauban.io/, https://dashboard.vauban.io/ and https://structurer.vauban.io (each a “site”) are sites operated by Vauban Technologies Limited(“we”). We are a private limited company registered in England and Wales under company number 11128704 and have our registered office at 186 Shoreditch High Street, London, E1 6HU, United Kingdom. (887 words)
- [Carta partners with Vouch to automate insurance for startups ](/content/product-updates/carta-vouch-partnership/index.html): Vouch has built a new kind of insurance company—built by founders for founders. Now Carta and Vouch are partnering to benefit the founders on Carta and the startup ecosystem.
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- ["Being an Outsider Means Freedom": Serial Entrepreneur and Investor Ade Ajao ](/content/sg/en/blog/innovator-stories-base-10/index.html): From growing up as an outsider in Spain to building a billion-dollar company, Ade Ajao's unique journey reveals how embracing your differences can be the key to entrepreneurial success and personal freedom. (1,568 words)
- [Fifth Circuit wipes out private fund adviser rules](/content/policy/policy-weekly-06-07-24/index.html): SEC is expected to appeal the decision
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- [Designing Carta Launch for early-stage founders | Carta](/content/sg/en/blog/designing-carta-launch/index.html): A customer’s first impression of a product goes a long way. In fact, the thing you choose to have your customers see first is the only thing all customers (1,811 words)
- [Why contractors deserve equity | Carta](/content/uk/en/policy/contractors-deserve-equity/index.html): As gig workers take on more and more of our economy’s essential services, from grocery and food delivery to transportation, it’s vital that we make it possible to extend equity to contractors. (843 words)
- [Get a unified portfolio view with the Investments Dashboard](/content/sg/en/product-updates/unified-portfolio-view/index.html): Your dashboard now delivers enhanced design and functionality for better reporting and smarter decision making.,  (280 words)
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- [Simplify investor comms with a dedicated Investor Relations role](/content/sg/en/product-updates/investor-relations-settings/index.html): Take control of your investor communications on Carta by assigning the new Investor Relations role to the right team members. (262 words)
- [How Forecastr Quickly Funded a Major Product Relaunch with Carta Deal Closings](/content/sg/en/customer-stories/forecastr/index.html): Forecastr, a financial planning and analysis software provider, wanted to close quickly on a $5 million funding round. The company was relaunching its platform, rebuilding the entire backend in response to customer feedback and other demand signals.  (1,163 words)
- [23andMe CEO Anne Wojcicki’s tactics for disrupting an industry | Carta](/content/sg/en/blog/23andme-ceo-anne-wojcicki-carta-equity-summit/index.html): At the 2021 Carta Equity Summit, Anne Wojcicki chatted with Sonal Chokshi about the best leadership lessons she’s learned since co-founding 23andMe in 2006. (652 words)
- [Switching to Carta from AngelList or Pulley | Guide](/content/sg/en/blog/switch-cap-table/index.html): Carta’s cap table is the core of a flexible operating system for equity management. See why investors and law firms choose Carta to support growth. (1,214 words)
- [Limited Partner Settings - Carta Release Notes - Product Updates](/content/releasenotes/limited-partner-settings-3qdhdw/index.html): The new Limited Partner Settings page allows Limited Partners to control their information across fund investments on Carta. Who this affect... (157 words)
- [Annual Equity Report: Who owns equity in 2021? | Carta](/content/sg/en/data/annual-equity-report/index.html): Equity ownership is a powerful form of wealth creation—but women and many people of color are underrepresented. The 2021 Annual Equity Report explores those gaps. (839 words)
- [New regulations are spurring VC dealmaking in crypto](/content/sg/en/data/vc-crypto-q3-2025/index.html): Years of regulatory muddiness created uncertainty among crypto startups, but a wave of new regulation could represent an opening of the floodgates for VC funding.  (1,093 words)
- [Orchestrate Complex Expense Allocations with Confidence](/content/uk/en/product-updates/new-expense-allocation-experience/index.html): Simplify expense allocation with automated invoice extraction, flexible allocation methods, and unified multi-entity payment management.,  (388 words)
- [Carta Law Terms of Use | Legal Hub](/content/sg/en/legal/terms-agreements/carta-law-terms-of-use/index.html): This Terms of Use Agreement ("Agreement") is a legal agreement between you and Carta Law. (1,161 words)
- [Startup Fundraising 101 - Section 4: The Series A | Carta](/content/uk/en/learn/startup-fundraising-101/4/index.html): We're hitting a whole new level of startup fundraising in this section. Understand the difference between pre-seed and Series A funding  and what to look for in a term sheet. Plus, we'll do a deeper dive into dilution as well as pre and post-money valuations. (304 words)
- [How to review and approve management fees | support.carta.com](/content/support/kb/guide/en/how-to-review-and-approve-management-fees-mym8zoc2xr/steps/3725213/index.html): How to review and approve management feesReviewing and approving management fees can be done directly in Carta. When it’s time to review fees for the current period, your fund admin will send over the fee schedule. You will receive an email with a link, as well as a task in Carta, that will take you right to the calculations for review.Select Review and approve management fees from the email sent to you by Carta (you will receive this email before the start of every quarter - contact your Fund Admin if you have any questions or concerns). (215 words)
- [What's a cap table? | Equity 101 Course](/content/uk/en/equity/learn/what-is-a-cap-table/index.html): A cap table outlines the ownership distribution of a company. This video explains what a cap table is and the information it contains. (1,100 words)
- [Third Party Data Integration Terms and Conditions | Legal Hub](/content/sg/en/legal/terms-agreements/third-party-data-integration-terms-and-conditions/index.html): These Third Party Data Integration Terms and Conditions incorporate the eShares, Inc. DBA Carta, Inc. (“Carta”) Master Subscription Agreement (the “MSA”) between Carta and Customer, Carta Terms of Service (https://carta.com/terms-of-service/), and Carta Privacy Policy (https://carta.com/privacy/) (collectively, “Data Integration Terms”). (432 words)
- [Equity Advisory Product-Specific Terms | Legal Hub](/content/sg/en/legal/terms-agreements/equity-advisory-product-specific-terms/index.html): The Agreement consists of these Carta Equity Advisory Product Specific Terms (which may be updated from time to time), the eShares, Inc. DBA Carta, Inc. (“Carta”) Master Subscription Agreement (the “MSA”) that Customer accepted, and any additional terms Carta or its Affiliates present when an order is placed. (836 words)
- [Finance Advanced | Carta | Carta Community](/content/community/c/carta-certified-partners/finance-advanced/index.html): Explore finance advanced in the Carta Community. Get expert guidance on equity management, cap tables, and compliance. Access expert resources and community support. (100 words)
- [Electronic Signature Terms and Conditions | Legal Hub](/content/sg/en/legal/terms-agreements/electronic-signature-terms-conditions/index.html): By agreeing to this Electronic Signature Agreement (this “Agreement”), you consent to using electronic signatures on Carta (the “Company”), and you are signing this Agreement electronically. You agree your electronic signature is the legal equivalent of your manual signature on this Agreement, and you consent to be legally bound by this Agreement’s terms and conditions. (723 words)
- [Guide to managing securities on Carta | support.carta.com](/content/support/kb/guide/en/guide-to-managing-securities-on-carta-zjlgqevkdr/steps/3724613-3776096-3776106/index.html): Guide to managing securities on CartaCarta is here to make equity administration straightforward and hassle-free. We’ll help you seamlessly navigate the complexities of managing securities with confidence and precision, empowering you with step-by-step guides and reminders. Whether you need to update a security’s information to fix a clerical error or simply print a copy of a certificate, select an option for more information.Only users with Full access permissions can make changes to issued securities. (134 words)
- [SAFE Investment Terms for Canadian Companies | Legal Hub](/content/sg/en/legal/terms-agreements/safe-investment-terms-canadian-companies/index.html): By accessing and using the SAFE financing tool (the “SAFE Tool”) offered by eShares, Inc. DBA Carta, Inc. (“Carta”) on the Carta website and the information and materials therein (the “Content”), Customer is agreeing to these SAFE Investment Terms for Canadian Companies (“Terms”), which are in addition to the terms in the Master Subscription Agreement (“MSA”) in place between Customer and Carta. Capitalized terms used but not defined herein shall have the meaning ascribed to such terms in the MSA. (479 words)
- [AI Clauses in NDAs: Protecting Confidentiality](/content/uk/en/blog/ai-clauses-nda/index.html): As AI tools reshape legal workflows, NDAs increasingly need AI-specific clauses. Here's what to include—and what to avoid—to protect confidentiality. (1,016 words)
- [Capital Structure: A Founder's Guide to Ownership](/content/sg/en/learn/startups/fundraising/capital-structure/index.html): Learn how to build and manage your company’s capital structure. Understand the key differences between debt and equity and how to track ownership as you fundraise and grow. (2,842 words)
- [Document Generation Terms and Conditions | Legal Hub](/content/sg/en/legal/terms-agreements/document-generation-conditions/index.html): By downloading, using or viewing document templates made available by eShares, Inc. dba Carta, Inc. or its affiliates (collectively, “Carta”) or generating any documents through the Carta platform (collectively, “Document Templates”), you acknowledge and agree to the following terms of use (these “Terms”). (559 words)
- [Dilution is on the decline](/content/data/dilution-q1-2024/index.html): Over the past five years, dilution levels have declined at every stage of startup life. This can have compounding effects for the makeup of company cap tables.  (1,415 words)
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- [Design update - Carta Release Notes - Product Updates](/content/releasenotes/design-update-1u2ejg/index.html): We are retiring our ancient “Your session has expired” dialog in favor of a more modern approach, similar to other financial platforms.  Cus... (64 words)
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- [Carta Europe Document Generation Terms and Conditions](/content/sg/en/legal/terms-agreements/carta-europe-document-generation-terms/index.html): Carta Europe Document Generation Terms and Conditions (444 words)
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- [Energy sector funding fell sharply in 2022 | Carta](/content/data/energy-vc-2022/index.html): Renewable energy companies on Carta raised just $226 million across 16 investments during Q4. Here's how that looks in context. (824 words)
- [How to navigate your Carta portfolio | support.carta.com](/content/support/kb/guide/en/how-to-navigate-your-carta-portfolio-whxwyxrcam/steps/3739751/index.html): How to navigate your Carta portfolioYour personal portfolio is the one place for all of your holdings (certificates, option grants, RSAs, RSUs, convertibles, and other equity awards) from the various issuing companies on Carta.Typically, the name on your Carta portfolio will be the name used to issue your security. (232 words)
- [How to manage vesting and performance conditions | support.carta.com](/content/support/kb/guide/en/how-to-manage-vesting-and-performance-conditions-xyhucwvark/steps/3719525-3773686/index.html): How to manage vesting and performance conditions Learn how to create and manage vesting schedules on Carta, both when drafting securities or when creating templates for later use. Pause or accelerate vesting on existing securities, apply custom hybrid date-milestone schedules, and set up performance conditions for RSAs, share certificates, NSO, RSU, CBU and PIU grants. Click on a topic below to learn more. (160 words)
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- [Carta Europe Billing | Legal Hub](/content/sg/en/legal/terms-agreements/carta-europe-billing/index.html): Carta Europe products are sold via Vauban Technologies Limited, a UK-registered company serving clients in the UK and other countries within and outside the EU. Vauban Technologies Limited is VAT-registered in the UK. (282 words)
- [Carta + Deel partner on international exercises | Carta](/content/sg/en/product-updates/deel-partnership-international-options/index.html): Carta and Deel are thrilled to announce a major step forward for our ecosystem: automated global equity compliance. 
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- [Multi-Entity Waterfalls for PE Deal Structures](/content/uk/en/product-updates/multi-entity-waterfalls/index.html): PE firms can now run waterfalls across their entire deal structure—TopCo, HoldCo, co-invest vehicles—and roll up results firm-wide. (262 words)
- [How to remind a signatory or holder to sign a security | support.carta.com](/content/support/kb/guide/en/how-to-remind-a-signatory-or-holder-to-sign-a-security-mopxfr6s1q/steps/3725306/index.html): How do I remind a signatory or holder to sign a security?Users with Full Access, Company Editor, or View-only permissions can resend the emails notifying company signatories to sign securities and holders to accept securities.Email reminders are automatically sent at the 5, 10, 20, 30, and 90 day mark if a security remains unsigned or unaccepted.To re-send a signature/acceptance notification:Navigate to Manage Equity under Essentials in the Navigation bar then select the ledger containing the unsigned/unaccepted securities.Check the box to the left of each applicable security with an Awaiting officer signature or Awaiting holder signature tag.After selecting the relevant securities, click Actions and select Resend emails from the dropdown menu. What does "Signed by [name] (pending)" mean?This status means the stakeholder has completed their signature step, but the security has not yet been fully accepted. The process is still in progress — other required actions or approvals may still be outstanding before the security is considered complete.What does the orange hourglass icon indicate?The orange hourglass next to a status means the step is waiting or in progress. It does not confirm that the security acceptance is finalized. Think of it as "this step has been touched, but the overall workflow is still moving."How do I know when a security has been fully accepted?A security is fully accepted only when all required signatures and approvals are complete and the status no longer shows any pending indicators. Look for a completed/confirmed status with no hourglass or orange indicators remaining on any line item in the Approvals Standard tab. (245 words)
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- [SAFEs, now automated on Carta | Carta](/content/sg/en/product-updates/safes-now-automated-on-carta/index.html): So we asked, what if we could help founders create and issue a SAFE in 30 seconds? No room for mistakes, no Word docs, no manual entries to their cap table, no sending wire instructions, no extra email volume. And what if we could put founders in control of future dilution before they issue their very first SAFE? (803 words)
- [Introducing the Carta Developer Platform | Carta](/content/sg/en/product-updates/introducing-the-carta-developer-platform/index.html): Carta has worked for the past year with more than 25 beta partners to utilize our growing suite of APIs. Now we're expanding these capabilities. (1,031 words)
- [How to manage vesting and performance conditions | support.carta.com](/content/support/kb/guide/en/how-to-manage-vesting-and-performance-conditions-xyhucwvark/steps/3719525-3773721/index.html): How to manage vesting and performance conditions Learn how to create and manage vesting schedules on Carta, both when drafting securities or when creating templates for later use. Pause or accelerate vesting on existing securities, apply custom hybrid date-milestone schedules, and set up performance conditions for RSAs, share certificates, NSO, RSU, CBU and PIU grants. Click on a topic below to learn more. (87 words)
- [Carta SPVs: An Offering That Drives Accuracy and Efficiency for UK Investors](/content/sg/en/product-updates/spv-offering-uk-investors/index.html): Introducing Carta's new end-to-end SPV solution for institutional investors in the UK. Learn how you can form, close, and manage an SPV with accuracy and efficiency—all on a single platform. (602 words)
- [support/kb/en/carta-closings-433552/index.html](/content/support/kb/en/carta-closings-433552/index.html) (183 words)
- [2023 Enterprise Tech 30 List: How Does The ET30 Universe Compare?](/content/sg/en/data/enterprise-30-2023/index.html): Each year, ET30 identifies the most promising startups in enterprise tech. This year, Carta is offering data to contextualize the fundraising metrics for companies in the ET30 universe. (220 words)
- [How to manage 83(b) for PIUs | support.carta.com](/content/support/kb/guide/en/how-to-manage-83-b-for-pius-67oqcnxpsi/steps/3781204/index.html): How to manage, view, and download 83(b) election forms for PIUs 83(b) elections for PIUs are managed under Essentials → Manage equity → Profits interests. To view the 83(b) election details for any PIU, locate it in the ledger, click on the security ID, then click into the 83(b) elections tab.The Generated 83(b) form is the form that Carta creates and pre-populates The Signed copy of the form is the executed version of the form, uploaded by the interest holder.The Date you mailed your 83(b) to the IRS is entered by the stakeholder and must be within 30 days of the PIU's issue date.As an admin, you have the ability to manage 83(b) elections on behalf of your interest holders by inputting selections on the company account side. (105 words)
- [Drafting securities: Glossary of supported fields | support.carta.com](/content/support/kb/guide/en/drafting-securities-glossary-of-supported-fields-ixg7uehqqj/steps/3760497-3761183/index.html): Click on the security type you'd like to issue for a list of Carta's supported data fields.  (608 words)
- [Request a demo of LP CRM](/content/sg/en/demo/lp-crm/index-2.html): See how Carta LP CRM helps private funds centralize investor relationships, accelerate fundraising, and connect directly to fund performance data. (68 words)
- [Build custom valuation reports from your Data Warehouse](/content/uk/en/product-updates/build-custom-valuation-reports-data-warehouse/index.html): Your portfolio valuations history and waterfall modeling results are now in Carta's Data Warehouse. Query, report, and analyze at scale. (379 words)
- [Seed-Stage Valuations in 2022 | Carta](/content/sg/en/data/seed-valuations-2022/index.html): Carta data shows median valuations for seed-stage startups were steady in 2022. For SaaS, hardware, healthcare, and fintech, valuations varied. (372 words)
- [Guide to managing securities on Carta | support.carta.com](/content/support/kb/guide/en/guide-to-managing-securities-on-carta-zjlgqevkdr/steps/3724613-3776096-3776106-3776108-3776097-3776095-3776735.html): Guide to managing securities on CartaCarta is here to make equity administration straightforward and hassle-free. We’ll help you seamlessly navigate the complexities of managing securities with confidence and precision, empowering you with step-by-step guides and reminders. Whether you need to update a security’s information to fix a clerical error or simply print a copy of a certificate, select an option for more information.Only users with Full access permissions can make changes to issued securities. (215 words)
- [How to repurchase shares and select transaction reasons | support.carta.com](/content/support/kb/guide/en/how-to-repurchase-shares-and-select-transaction-reasons-npit6kbmrk/steps/3724494-3757290/index.html): How to repurchase shares and select transaction reasonsThis comprehensive guide offers insights into executing a repurchase and selecting transaction types and reasons seamlessly within Carta's platform, ensuring accurate record-keeping and efficient reporting. (64 words)
- [First Cut—State of Private Markets: Q2 2024 | Carta](/content/data/first-cut-state-of-private-markets-q2-2024/index.html): Initial data from Q2 2024 shows modest increases in median valuation and round size across much of the U.S. venture ecosystem. (336 words)
- [Carta CRM Plugin](/content/uk/en/product-updates/crm-plugin/index.html): Unlock VC/PE dealflow and stakeholder analytics instantly. Use the Carta CRM Plugin to query your live CRM data directly in Claude for rapid insights. (328 words)
- [The hidden cost of growth: Data challenges for funds of funds](/content/sg/en/blog/funds-of-funds-data-challenges-report/index.html): Carta’s survey of 100 senior investment professionals reveals the key data challenges facing funds of funds (FoFs) today. Read on to learn more about how FoFs and LPs can respond. (808 words)
- [How to adjust the taxes on an approved exercise | support.carta.com](/content/support/kb/guide/en/how-to-adjust-the-taxes-on-an-approved-exercise-e2rxcxvm8i/steps/3784049/index.html): How do I review or adjust the taxes on an approved exercise? The company’s Option exercise approver can review or manually adjust the breakdown of taxes associated with an exercise during the approval process, but Full access users can review or update tax withholding amounts after an exercise has been approved or reflected manually by following the steps below. These adjustments are for reporting purposes only. Any associated refunds or requests for additional funds must be completed off the Carta platform.  Navigate to Essentials → Manage equity → click Review under pending exercises. Locate the exercise request you need to adjust, click the three dots to its right, and select Adjust taxes. (258 words)
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- [How to convert convertibles into certificates | support.carta.com](/content/support/kb/guide/en/how-to-convert-convertibles-into-certificates-4qs7r1g0nt/steps/3802852/index.html): How to convert convertibles into certificates There are three ways users with Full access permissions can convert convertibles and link them to the corresponding certificates on Carta. (57 words)
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- [Why are Social Security Numbers and Tax IDs required? | support.carta.com](/content/support/kb/guide/en/why-are-social-security-numbers-and-tax-ids-required-emyghaes2f/steps/3724730/index.html): Why are Social Security Numbers and Tax IDs required? Carta requires Social Security Numbers (SSNs) and Tax IDs for compliance with tax regulations, accurate ownership records, and identity verification, ensuring secure and efficient management of securities and tax-related processes. We are committed to safeguarding your information and ensuring a hassle-free experience, but if you have any questions or concerns about providing this information, please don't hesitate to reach out to our support team. (320 words)
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- [How to contact your issuing company through Carta | support.carta.com](/content/support/kb/guide/en/how-to-contact-your-issuing-company-through-carta-kcyaped7fo/steps/3711558-3714974/index.html): Carta can't make changes to a company's cap table, so you'll have to contact your issuing company directly if you have questions about your outstanding securities or any exercise-related concerns. Click on a topic below to learn more. (60 words)
- [How to use the cash reserves modeling tool | support.carta.com](/content/support/kb/guide/en/how-to-use-the-cash-reserves-modeling-tool-8rqosh4k8b/steps/3725299/index.html): How to use the cash reserves modeling toolThe Cash reserves tool was created to provide an estimated amount of total investment potential for fund administrators. Using data from the general ledger, Carta is able to pull in key metrics to help you analyze how much more capital can be invested into portfolio companies or fund investments, as well as how much can be retained vs distributed to partners during the life of the fund. Due to pulling directly from the general ledger, the majority of the fields are not editable. However, future fees, expenses, and retention targets can be set in the modeled column to help tailor the estimates more closely to your expectations. The retention target cannot be set higher than what is permitted by the fund’s LPA. Key Terms/Metric CalculationCommitted capital: The sum of all fund commitments, including the general partnerCalled capital: The sum of all capital called from the partners, excluding prefunded amountsAmount invested: The total amount of capital invested into portfolio companies and/or fund investmentsFees and expenses to date: The total amount of all expenses and management fees the fund has paidRecycled/retained capital to date: Cash proceeds from portfolio companies or fund investments that have not been distributed to partnersUnfunded commitment: Committed capital - called capital + recallable distributionsCash balance: The balance in the cash account on the general ledgerFuture management fees: Estimated amount of management fees to be paid by the fund for the remainder of the fund’s life. If the fund administrators are using the in-app management fee calculator, this amount will pre-populate from there. If they are not, this amount is estimated as 2% annually of limited partners’ commitments for 10 years.Future expenses: Estimated amount of expenses to be paid by the fund for the remainder of the fund’s life. This is estimated as 1% of partners’ commitments annually for 10 years.Recycling/retention target: This is pre-populated from fund properties, if applicableTo be recycled from future proceeds: Committed capital x Recycling target - recycled to dateAvailable for future investment with recycling: Unfunded commitment + Cash balance - Future management fees - Future expenses + To be recycled from future proceeds (369 words)
- [How to manage your payment information | support.carta.com](/content/support/kb/guide/en/how-to-manage-your-payment-information-aorryv4zep/steps/3742115-3741641/index.html): How to manage your personal payment informationEasily update your payment details and link your bank account to Carta for seamless electronic exercises and transactions. To learn more, select a topic below. (48 words)
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- [Carta Community](/content/community/u/5fdac5d4/index.html) (27 words)
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- [Issuance prerequisites | support.carta.com](/content/support/kb/en/issuance-prerequisites-430355/index.html): How to manage vesting and performance conditions, How to manage company documents, How to manage share classes and authorized counts, Preparing to issue equity on Carta, How to manage securities templates, How to manage your company's equity plans, How to create convertible terms, How to create a warrant block, How to issue warrants through Carta, How to fix missing AOI documents or share class versions (138 words)
- [Where can I access a fund formations term sheet template? | support.carta.com](/content/support/kb/guide/en/where-can-i-access-a-fund-formations-term-sheet-template-qgzbmvweke/steps/3725021/index.html): Where can I access a fund formations term sheet template?Click below to download a fund formations term sheet template. (26 words)
- [How to use the Equity Advisory employer dashboard | support.carta.com](/content/support/kb/guide/en/how-to-use-the-equity-advisory-employer-dashboard-tzemmfwple/steps/3724435/index.html): How to use the Equity Advisory employer dashboardSelect an option below to learn more. (30 words)
- [How to use Carta Plugins for Claude | support.carta.com](/content/support/kb/guide/en/how-to-use-carta-plugins-for-claude-6iro8987hk/steps/5163918/index.html): How to use Carta Plugins for ClaudeCarta MCP is a connection that allows AI assistants like Claude to securely access and interact with your Carta account in real time, so you can ask questions and get answers about your equity data without manually navigating the platform.Carta offers two plugins for Claude that connect your Carta data directly to Claude's AI assistant. Describe what you need in plain language and get answers instantly, without logging in, navigating screens, or pulling reports. The plugins are read-only and authenticated. Claude can access only what your account already has permission to see, and nothing can modify or export your data in bulk.Carta Cap Table PluginCarta Cap Table plugin is purpose-built for your team. Ask questions, run scenarios, and get answers about your cap table, including:Issuance and ownership data by share class, voting rights, and liquidation seniority409A and valuation historyStakeholder informationPro-forma financing round modelingWaterfall and exit scenario analysisCarta Fund Admin PluginFor users of Carta's Fund Administration products. Interface directly with key fund data, including:Investment dataFund performance metricsFund accounting dataPartner informationCompany-level tear sheetsHow to get accessIf you are an admin user on Carta, you can use the plugins and will find everything you need to get started on this page. (230 words)
- [Carta Release Notes - Product Updates](/content/releasenotes/date/2018/9/index.html) (1,412 words)
- [How does the Freedom of Information Act apply to investment firms? | support.carta.com](/content/support/kb/guide/en/how-does-the-freedom-of-information-act-apply-to-investment-firms-chkbqj8wva/steps/3725398/index.html): How does the Freedom of Information Act apply to investment firms?If you don't receive capital or investments from government entities, then the Freedom of Information Act likely does not concern you. Most common examples of entities subject to FOIA are public sector pension funds or public university endowments.What is the Freedom of Information Act?Freedom of Information Act (FOIA) is a law established in 1967 which allows the public the right to request access to records from any federal agency and many government entities. The most common uses of this law revolve around requesting information of the FBI, NSA, etc to investigate their activities for any wrongdoing. The Freedom of Information Act has other implications that more directly affect investors because government entities sometimes manage money and make investments. That means these entities and their investments are subject to the disclosure requirements of the law.Who is subject to FOIA?Government related investment vehicles that invest funds are typically subject to FOIA. For example, entities like the CalPERS are pension funds invested on behalf of public sector employees and they are subject to disclosure upon request because they are a government entity. The most common examples are state university endowments and public sector pension funds. FOIA also applies to some funds of funds, because any fund that has Limited Partners that are 1) themselves a fund and 2) have a Limited Partner that is one of these government entities, are subject to additional disclosure requirements. This applies up and down an entire network of investment. (i.e. If any entity in the chain of investments is subject to FOIA, all entities in the chain are potentially subject to FOIA)What does this mean for investors and fund managers?If any underlying investment or investor is subject to FOIA, then that entity is likely also subject to the additional disclosure requirements found in FOIA. It is a useful to find out before investing or receiving capital whether or not anyone is subject to FOIA because it will require everyone involved to meet the standards of transparency set forth by FOIA. It is worth noting that disclosure is only required when a request from the public has been made that requires information from a government entity. Only if that request applies to the entity that is part of your portfolio will you have the potential to be required to disclose information to the public. That means that disclosures won't likely be required regularly and they may never be required in the lifetime of a fund. But if an entity is subject to disclosure, a request can be made at any time, even after the dissolution of the fund or underlying assets that are subject to disclosure. (416 words)
- [How do SPV management fees work? | support.carta.com](/content/support/kb/guide/en/how-do-spv-management-fees-work-bwg4arjbcb/steps/3725027/index.html): How do SPV management fees work?A management fee is expressed as a percentage of an SPV’s total capital raised, and can be collected annually or as a one-time, up-front fee upon closing. (227 words)
- [How to update investment valuations | support.carta.com](/content/support/kb/guide/en/how-to-update-investment-valuations-slsxrddzfv/steps/3725166/index.html): How to update investment valuations in-appFund Administration customers can update easily mark up or mark down investment valuations in-app. These adjustments will be reflected in Carta immediately for funds and their LPs. If you need to update an investment valuation, log into Carta.From the Quick Start section of your Dashboard, select Update valuation. (312 words)
- [How to manage capital call lines of credit (CCLs) | support.carta.com](/content/support/kb/guide/en/how-to-manage-capital-call-lines-of-credit-ccls-127fdeboxb/steps/3725360/index.html): How to manage capital call lines of creditWith Carta's in-app line of credit dashboard, you can initiate paybacks, request an advance, and see an overview of your loans, all without having to log in from a separate bank portal.This article is intended for Carta customers with an existing capital call line of credit and is provided for informational purposes only. The information should not be construed as legal, financial or tax advice and is not intended as a recommendation, offer or solicitation for the purchase or sale of any security. Carta does not assume any liability for reliance on any of the information in the article.Select an option below to learn more. (68 words)
- [How to create stakeholders for new hire onboarding with Equity Advisory | support.carta.com](/content/support/kb/guide/en/how-to-create-stakeholders-for-new-hire-onboarding-with-equity-advisory-ksgdspta30/steps/3724607/index.html): How do I create stakeholders for new hire onboarding with Equity Advisory? This article serves as a sub-guide within Carta’s Stakeholder ledger to access new hire onboarding. Review Carta's Stakeholder ledger overview here. The new hire onboarding process only applies to companies subscribed to Carta Equity Advisory.Equity advisory sessions are only available to US citizens or residents.Adding an employee into Carta as a stakeholder provides them access to Carta services like Carta Equity Advisory. Ensure you only add employees you intend to issue equity to. (109 words)
- [How to manage employee communications during a tender offer | support.carta.com](/content/support/kb/guide/en/how-to-manage-employee-communications-during-a-tender-offer-mskxho8xyy/steps/3837869/index.html): How to manage employee communications during a tender offer Learn about what employee communications are sent out throughout the tender offer process by Carta, and access email templates you can send yourself if you choose. (41 words)
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- [Carta Institutional SPV Formation | support.carta.com](/content/support/kb/guide/en/carta-institutional-spv-formation-jg337lkzqz/steps/4699696/index.html): Carta Institutional SPV Formation Carta makes it easy for you to create your SPV and manage the closing process from start to finish. With Carta Setup Guide and Carta Closings, fund managers can create a new SPV on Delaware's Secretary of State, generate the Operating Agreement for the entity and invite investors to complete their subscription documents directly on Carta.  Please note: you must have a GP entity or a manager entity domiciled in the US to function as the Manager of your SPV. If you do not have one, Carta can assist you on creating one - please contact your Account Executive for further assistance.  Click a topic below to learn more: (84 words)
- [support/kb/guide/en/how-to-download-a-cap-table-report-m8jbbrvz4y/index.html](/content/support/kb/guide/en/how-to-download-a-cap-table-report-m8jbbrvz4y/index.html) (339 words)
- [How to manage employee tax withholdings | support.carta.com](/content/support/kb/guide/en/how-to-manage-employee-tax-withholdings-x9zjxlpmdu/steps/3724478/index.html): How to manage employee tax withholdingsWithholding tax accurately is the legal responsibility of the issuing company.Carta will provide you with tools and support, but consult your tax advisor if you have tax-related questions.  (24 words)
- [How does carry work for SPVs? | support.carta.com](/content/support/kb/guide/en/how-does-carry-work-for-spvs-hh2p1jxbmf/steps/3725020/index.html): How does carry work for SPVs?The SPV Lead sets the carry percentage for the SPV. The carry percentage is typically set between 0% (standard for founder-led SPVs, where the founder elects to waive carry), and 30% (with 20% being the typical carry for a fund or syndicate). For a variety of reasons, SPV Leads will often offer discounted (15-18%), or even waived (0%) carry.ExampleA SPV Lead raises $250,000 to invest in NewCoThe SPV Lead decides to set carry to 20%NewCo is acquired for $25M (or 100x the amount raised in the SPV)The carry will be [($25M - $250k) * 20%], because the original $250k is returned to investors before carry is calculated.Therefore, the SPV Lead will be paid $4,950,000 in carry, and investors receive the remainder. (65 words)
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- [How to check the status of exercises as a company admin | support.carta.com](/content/support/kb/guide/en/how-to-check-the-status-of-exercises-as-a-company-admin-fc2xwnmhui/steps/4862240/index.html): Checking the status of exercises Go to Essentials → Manage equity → Options. Review the Status column.  For more information, click the security ID. Within the security details modal, click the Exercises tab. Click the dropdown arrow to view a breakdown of each stage of the exercise. (323 words)
- [How to create and manage portfolio company tags | support.carta.com](/content/support/kb/guide/en/how-to-create-and-manage-portfolio-company-tags-yuh285l5n7/steps/3725301/index.html): How to create and manage portfolio company tagsTo get started with updating portfolio company tags, click Manage tags under the investments tab in the left side bar. This is where you can modify existing tags or create new tag categories to sort your holdings. (214 words)
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- [How to Increase Carry Visibility with GP Member Experience | support.carta.com](/content/support/kb/guide/en/how-to-increase-carry-visibility-with-gp-member-experience-sbpegs10ld/steps/5211952/index.html): How to Increase Carry Visibility with GP Member ExperienceThe GP Member Experience gives your GP members real-time visibility into their carried interest, capital account balances, and distributions — directly from their Carta account. Benefits for your firm:Give members transparency. When your GP entity is on Carta, members see figures drawn directly from your general ledger — giving them a clear, accurate view of their carry position at any time.Reduce admin overhead. Members get instant access to the numbers they'd otherwise request from your team.Stay in control. Admins control what each member can see and can adjust permissions at any time. Table of Contents (121 words)
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- [Fintech funding: Why It’s dropped & what comes next | Carta](/content/data/fintech-funding-falls/index.html): Fintech funding fell for five straight quarters following a peak in 2021. Early-stage VCs and Carta data explain what happened and what might come next. (1,291 words)
- [Why startup headcounts are getting smaller](/content/uk/en/data/startup-headcounts-2024/index.html): Companies are prioritizing efficiency, lean hiring, and AI adoption to cut costs and extend runway in a post-bull market venture climate. The trend crosses most sectors and industries. (984 words)
- [How to manage valuation updates from Carta portfolio companies | support.carta.com](/content/support/kb/guide/en/how-to-manage-valuation-updates-from-carta-portfolio-companies-bncz36oajo/steps/3724464/index.html): How to manage valuation updates from Carta portfolio companiesCarta fund admin users can instantly be notified about share price updates for portfolio companies that have their cap tables on Carta. As Carta companies publish new share classes or file updated Articles of Incorporation (AOI), funds with "cap basic" or higher cap table access may receive notifications about these updates. Users will have the option to apply these updates to their Schedule of Investments (SOI) immediately.How does it work?When a company has its cap table on Carta and raises funding through an equity round, it updates its Articles of Incorporation, creates Stock Purchase Agreements, and updates its cap table data to reflect the new breakdown of ownership and share price. The Fund Administration team reviews these updates and Fund admin users to whom a Carta company has granted basic, advanced, or detailed access to the cap table will be notified of the updates through email. Check out this guide to learn how to request cap table access from Carta companies. The email will contain a link to information such as share class, share price, and impact on fund metrics. (735 words)
- [How to add wire instructions for limited partners | support.carta.com](/content/support/kb/guide/en/how-to-add-wire-instructions-for-limited-partners-3171ymo4sa/steps/3724505/index.html): In order to receive distributions, limited partners will need to add wire instructions in Carta. Wire information can be managed by the primary contact, or by a user who has been given permission to do so.Carta only supports distributions via wire transfer in US Dollars. The Carta mobile app does not support adding wire instructions at this time - wire instructions can only be added via a laptop or desktop computer. Carta does not accept in-app money movement for capital call payments. Wire instructions inputted for distributions cannot be used to exercise shares. Select an option below to learn more. (151 words)
- [How to update tax information for limited partners (LPs) | support.carta.com](/content/support/kb/guide/en/how-to-update-tax-information-for-limited-partners-lps-ayea5e0tdz/steps/3899054/index.html): How to update tax information for limited partners (LPs)Carta maintains information for limited partners of Fund Administration clients to allow the funds to prepare tax documents easily.  LPs can update this information themselves in the Carta platform at any time or will be asked to do so during the tax reason. (67 words)
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- [State of Startup Compensation: H2 2024 ](/content/uk/en/data/startup-compensation-h2-2024/index.html): More than 30 new charts and accompanying analysis illuminate the key trends for startups, founders, and employees, including salary and equity data by job function, job level, industry, and more. (906 words)
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- [How to exercise warrants into certificates | support.carta.com](/content/support/kb/guide/en/how-to-exercise-warrants-into-certificates-opeg4fzk64/steps/3725411/index.html): How to exercise warrants into certificatesWhen it comes time to exercise a warrant into a certificate, the actual transaction must be completed offline. A Full access company account user can easily reflect the transaction on the cap table by following these steps:After logging into Carta, navigate to Securities > Warrants.Click the button to the right of the applicable warrant's row and select Exercise warrant.Enter the details, including the exercise date and the number of shares. Attach the relevant exercise agreement and select the associated share class from the dropdown. Click to proceed.Review the details of the resulting certificate and click Exercise warrant to send it to the company signatory. (114 words)
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- [How to reflect transfers in Carta LLC | support.carta.com](/content/support/s/article/llc-transfer-units/index.html): How to reflect transfers in Carta LLCTransfers can only be made to recipients who are existing interest holders. Learn how to add an interest holder. Go to Cap table → Interests and interest types. (118 words)
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- [How to invite a company to join Carta | support.carta.com](/content/support/kb/guide/en/how-to-invite-a-company-to-join-carta-lnvbq4ilrm/steps/3725364/index.html): How to invite a company to join CartaAfter logging into Carta, click Refer a friend in the upper right corner.Complete the referral form with the required information.Click Submit referral to send an email to the recipient. You'll also receive a confirmation email. (45 words)
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- [How to record a net (cashless) exercise | support.carta.com](/content/support/kb/guide/en/how-to-record-a-net-cashless-exercise-v32cmq9uqu/steps/3784150/index.html): Contact support to enable net exerciseTo maintain data integrity and reduce risks, the ability to record a net exercise must be manually turned on by Carta Support. To enable this feature, submit a ticket through Carta Help with your request, or give us a call at +1 (650) 669-8381, Monday - Friday, 6 a.m. - 5 p.m. PT. Once enabled, net exercise capabilities can be turned off at any time by Carta Support.📞 US customers can also call +1 (855) 921-2859 during regular business hours (74 words)
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- [How to accept securities into your investment portfolio | support.carta.com](/content/support/kb/guide/en/how-to-accept-securities-into-your-investment-portfolio-isqhyxsqoe/steps/3725288/index.html): How to accept securities in an investment portfolioThis article explains how a user acting on behalf of an investment firm accepts a security that a company issued on Carta. Fund Administration customers who want to add an investment to the Schedule of Investments should navigate to Dashboard → click Make new investment instead.Welcome to your investor ownership journey on Carta. Accepting securities on behalf of your investment firm formalizes your position in a portfolio company’s cap table and ensures accurate recordkeeping for both parties.  Carta provides a secure, centralized platform where you can review, accept, and manage your firm’s investments, whether you're engaging in new financings, equity grants, or other securities.Portfolio companies can only send each security to one email address on Carta. We recommend asking the portfolio company (portco) to send securities to your firm’s primary admin inbox. After the first security in a new portco is accepted, firm admins can add teammates and assign roles, allowing others to help manage or accept future securities on behalf of the firm. Learn more about managing team members and permissions for investment firms. (105 words)
- [Introducing estimated values for equity - Carta Release Notes - Product Updates](/content/releasenotes/introducing-estimated-values-for-equity-1ekrty/index.html): What's new?You can now enable estimated values for interests. Carta can automatically calculate and provide estimates for vested, unvested, ... (313 words)
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- [How to create data rooms in Carta LLC | support.carta.com](/content/support/s/article/carta-llc-data-rooms/index.html): What are data rooms? Data rooms help LLCs store and share key documents securely. Users with Full administrator access on your Team & Permissions page can access data if they have permissions.  The files uploaded by the company will be available for all users listed on the Team page and it may be used as a repository. (87 words)
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- [How to distribute K-1 tax forms in Carta LLC | support.carta.com](/content/support/s/article/k1-distribution/index.html): How to distribute K-1 tax forms Although it is a company’s responsibility to generate K-1 tax forms for investors, Carta LLC may be used to distribute these files.From your local drive, name the K-1 file(s) according to the following naming conventions:  Holder Name_tax year_K1.pdf  (i.e., Tagg Palmer_2022_K1.pdf)NOTE: The name of the file is case-sensitive. (34 words)
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- [Set up one-off vesting plans for interests - Carta Release Notes - Product Updates](/content/releasenotes/set-up-one-off-vesting-plans-for-interests-3e16ew/index.html): What's new?You can now create a custom vesting plan for a particular interest. What's important or valuable about this change?Instead of cre... (128 words)
- [Private Dilution Report in Financial Reporting - Carta Release Notes - Product Updates](/content/releasenotes/private-dilution-report-in-financial-reporting-47txum.html): What’s new? Private companies on Carta can now run Dilution reports. The Dilution report will include:  Incremental SharesWeighted Average S... (170 words)
- [Funding SAFEs via ACH for Investors - Carta Release Notes - Product Updates](/content/releasenotes/funding-safes-via-ach-for-investors-4g0sds/index.html): What’s new? This new release gives investors the choice to fund SAFEs online via ACH. By choosing this option investors can quickly fund SAF... (180 words)
- [New fast-fill feature for transactions - Carta Release Notes - Product Updates](/content/releasenotes/new-fast-fill-feature-for-transactions-3ghth2/index.html): What's new?A new fast-fill feature is available when processing a large volume of terminations. What's important or valuable about this chan... (180 words)
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- [Bulk download documents from the Documents Library - Carta Release Notes - Product Updates](/content/releasenotes/bulk-download-documents-from-the-documents-library-3hqidi.html): What's new?You can now bulk download a large volume of documents from the Documents Library. What's important or valuable about this change?... (117 words)
- [Equity Reporting Suite: IPO Reports Bundle - Carta Release Notes - Product Updates](/content/releasenotes/equity-reporting-suite-ipo-reports-bundle-38yeii/index.html): What's new?An IPO demands meticulous preparation to ensure a company’s governance, finances, and internal protocols   comply with the high r... (234 words)
- [Audit Confirmations Reports for LPs - Carta Release Notes - Product Updates](/content/releasenotes/audit-confirmations-reports-for-lps-1ju3cs/index.html): What's new? Access time-sensitive LP audit confirms, on demand. What’s valuable about this change? If your LP is a fund of funds or they are... (116 words)
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- [Convert notes and SAFEs in Carta - Carta Release Notes - Product Updates](/content/releasenotes/convert-notes-and-safes-in-carta-3f9vam/index.html): What's new?Admins can now convert notes and SAFEs into other types of interests in Carta. What's important or valuable about this change?Con... (185 words)
- [Carta and Deel equity tax withholdings partnership - Carta Release Notes - Product Updates](/content/releasenotes/carta-and-deel-equity-tax-withholdings-partnership-1aea88.html): What's new?Carta has partnered with Deel to help international employees exercise their options. Customers of both Deel and Carta will now h... (230 words)
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- [Carta's API Platform: Build with equity, together | Carta APAC](/content/sg/en/api/index.html): Build your business with Carta’s API platform and unlock equity data across private markets—empowering customers and partners with their ownership. (415 words)
- [QSBS eligibility support for RSAs - Carta Release Notes - Product Updates](/content/releasenotes/qsbs-eligibility-support-for-rsas-2sbhee/index.html): This month we released QSBS support for RSAs. RSAs are a common form of founder equity and understanding their QSBS eligibility can be diffi... (109 words)
- [Portfolio side navigation - Carta Release Notes - Product Updates](/content/releasenotes/portfolio-side-navigation-2muole/index.html): Navigation within the portfolio experience has a new look! With the new side menu, we've made it easier to find what you're looking for with... (134 words)
- [Investor Relations Page - Carta Release Notes - Product Updates](/content/releasenotes/investor-relations-page-1zi8ss/index.html): Manage your investor relationships through the new Investor Relations page!  What’s new? The Investor Relations page consolidates common wor... (149 words)
- [How to use the Minimum Disclosures Report | support.carta.com](/content/support/kb/guide/en/how-to-use-the-minimum-disclosures-report-obhxbpnxg7/steps/3724881/index.html): How do I use the Minimum Disclosures Report? According the the FASB Accounting Standards Update, an entity with one or more share-based payment arrangements shall disclose information that enables users of the financial statements to understand the following: The nature and terms of such arrangements that existed during the period and the potential effects of those arrangements on shareholdersThe effect of compensation cost arising from share-based payment arrangements on the income statementThe method of estimating the fair value of the equity instruments granted during the periodThe cash flow effects resulting from share-based payment arrangements Carta has built the disclosure reports based on ASC 718 requirements. (155 words)
- [Administrators can now record public company net exercise transactions - Carta Release Notes - Product Updates](/content/releasenotes/administrators-can-now-record-public-company-net-exercise-transactions-dqdlw.html): Net exercises can now be entered as off platform transactions for public companies. This functionality leverages Carta’s tax calculations to... (216 words)
- [How to model a priced round | support.carta.com](/content/support/kb/guide/en/how-to-model-a-priced-round-9ch5wju18x/steps/3724599-3813498/index.html): How to model a priced round (243 words)
- [Stakeholders from public companies can now more easily view their share and cost basis information - Carta Release Notes - Product Updates](/content/releasenotes/stakeholders-from-public-companies-can-now-more-easily-view-their-share-and-cost-basis-information-1voiyw.html): Who this affects: Public company stakeholders What's new: Public company stakeholder portfolios now feature share lot details and transactio... (190 words)
- [iOS Reminders for 1-1 sessions with Carta Tax Advisors - Carta Release Notes - Product Updates](/content/releasenotes/ios-reminders-for-1-1-sessions-with-carta-tax-advisors-boqyw.html): What’s NewEmployees with Carta's iOS application and notifications enabled will now receive reminder notifications, 15 minutes ahead of thei... (106 words)
- [Why M&A activity could rebound in 2024 | Carta](/content/sg/en/data/mergers-acquisitions-outlook-2024/index.html): Just like in VC, the market for M&A slowed significantly in 2023. Will that change in 2024?  (835 words)
- [Public company administrators can now track cash paid for taxes upon RSU settlement - Carta Release Notes - Product Updates](/content/releasenotes/public-company-administrators-can-now-track-cash-paid-for-taxes-upon-rsu-settlement-1dhm1w.html): Carta now features a Pay Cash settlement type for public company RSUs settlements. Administrators can set up a settlement event for particip... (146 words)
- [Introducing Australia’s First Integrated ESS Compliance Suite - Carta Release Notes - Product Updates](/content/releasenotes/introducing-australia-s-first-integrated-ess-compliance-suite-1p79ju.html): What’s new?Australian companies can now manage their entire equity compensation lifecycle - from issuing grants to generating reports direct... (357 words)
- [sg/en/lp/first-time-audit-checklist/index.html](/content/sg/en/lp/first-time-audit-checklist/index.html) (141 words)
- [IPO Activity Has Increased Two Years in a Row. Will 2025 Make it Three?](/content/sg/en/data/ipo-activity-increase-q4-2024/index.html): Opportunities for shareholders in private companies to generate liquidity through IPOs have grown more frequent. Another year of increased IPO activity may be a realistic expectation.
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- [How do co-founders actually split equity? | Carta](/content/sg/en/data/how-co-founders-split-equity/index.html): How co-founders split equity in their company is one of the first major decisions in the life of a startup. Figuring out the right allocation for each (323 words)
- [Quarterly benchmark refresh - Q2 2026 - Carta Release Notes - Product Updates](/content/releasenotes/quarterly-benchmark-refresh-q2-2026-37rsw/index.html): What's new?We have updated salary, total cash compensation, and equity benchmarks for all job areas and specializations across all peer grou... (332 words)
- [Minor improvements to Cap table report with drafts for PIU and phantom/CBU - Carta Release Notes - Product Updates](/content/releasenotes/minor-improvements-to-cap-table-report-with-drafts-for-piu-and-phantom-cbu-wen9m.html): What's newCap table reports are more consistent when run with drafts of PIU or phantom/CBU securities.  Why is it importantNow drafted secur... (82 words)
- [Carta Release Notes - Product Updates](/content/releasenotes/date/2018/6/index.html) (45 words)
- [Election outlook: 2024 | Carta](/content/uk/en/policy/election-outlook-2024/index.html): The 2024 election cycle has been one of the most tumultuous in modern American political history. The Carta Policy Team offers analysis of how the dynamics of the race could affect key issues for the innovation ecosystem.  (2,750 words)
- [6 shifts in seed funding | Carta](/content/sg/en/data/seed-funding-shifts-2023/index.html): California is still the center of seed-stage funding in the U.S. But in the past three years, other states have gained ground. (999 words)
- [support/kb/guide/en/how-to-select-transaction-types-and-reasons-iibuhpbvf7/steps/3761282/index.html](/content/support/kb/guide/en/how-to-select-transaction-types-and-reasons-iibuhpbvf7/steps/3761282/index.html) (11 words)
- [How to get support with Carta Help | support.carta.com](/content/support/kb/guide/en/how-to-get-support-with-carta-help-t8defuxhi9/steps/3724508-3738756/index.html): How to get support with Carta HelpCarta Help uses AI to understand your questions and quickly provide answers from Carta’s support resources, personalized to your role. If your question isn’t fully resolved or you need help with something else, you can always use Carta Help to submit a ticket, or connect with our support team during business hours. -How to access Carta HelpClick your name in the top right corner after logging in and select Carta Help, or click the chat icon in the bottom right.🔐 You'll need to be logged into your Carta account to use Carta Help. If you're having trouble logging in, click here for troubleshooting instructions. (134 words)
- [The SEC is open for business](/content/sg/en/policy/policy-weekly-03-14-25/index.html): Guidance on accredited investors, and new clarity on gross/net performance reporting. Plus: Senate Banking advances stablecoin legislation, and Senate Dems blink in government funding fight to avert shutdown.
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- [Tariffs target China, roil U.S.](/content/sg/en/policy/policy-weekly-04-11-25/index.html): Startups and investors may have diminished access to capital during the current uncertainty—but more nimble enterprises may be able to adapt better and seize opportunities more quickly than legacy competitors. (1,842 words)
- [Supplier Information Security Standards | Legal Hub](/content/sg/en/legal/supplier-information/supplier-security-requirements/index.html): These Supplier Information Security Standards (the “Standards”) list the minimum security controls that Carta’s Suppliers are required to adopt when (a) accessing Carta facilities, networks, and/or information systems, (b) handling Carta confidential information, and/or processing Carta data on Supplier’s systems, or (c) having custody of Carta hardware assets. (3,392 words)
- [Carta Policy: Weekly Brief for April 29 | Carta](/content/uk/en/policy/policy-weekly-04-29-22/index.html): Congress focused on COMPETES, CFPB pushes for supervision of fintechs, Treasury signals tax priorities. (1,767 words)
- [Cookie Usage | Legal Hub](/content/sg/en/legal/privacy/cookie-usage/index.html): Review cookies in use on our website. (1,190 words)
- [SEIS vs EIS: Comparing UK Venture Capital Schemes](/content/sg/en/learn/startups/fundraising/seis-vs-eis/index.html): SEIS and EIS are vital to the UK’s startup ecosystem, with many early-stage investors only considering companies using tax-friendly fundraising schemes. Learn about the differences and similarities between SEIS and EIS. (1,827 words)
- [Private markets go public—what it means for GPs and LPs](/content/uk/en/policy/policy-weekly-11-07-25/index.html): Retail investors move deeper into private markets, raising strategic questions for GPs and LPs, a possible end to the shutdown emerges, and SCOTUS signals doubts over Trump’s tariff authority. (1,531 words)
- [Management company administration | Building the ERP for Private Capital](/content/sg/en/explore-erp/private-credit/management-company-administration/index.html): Management Company Administration is your firm's command center—tracking cash position, paying vendors with native bill pay, clearing intercompany balances, and tracking spend against budget. (323 words)
- [C-Corp cap table management | Building the ERP for Private Capital](/content/sg/en/explore-erp/private-equity/c-corp-cap-table-management/index.html): C-Corp Cap Table Management gives GPs and their portfolio companies one shared, live cap table—issue equity, view ownership as of any date, and model waterfall scenarios, all in one place. (463 words)
- [How safe is your SAFE in the QFC?](/content/uk/en/blog/safes-qfc/index.html): Explore the reliability of SAFEs in Qatar's evolving VC ecosystem. Find out how the QFC provides a viable legal framework for startups and investors, ensuring the enforceability of SAFEs despite Sharia principles. (1,369 words)
- [Closings | Building the ERP for Private Capital](/content/sg/en/explore-erp/private-credit/closings/index.html): Closings replaces offline subscription processes with a digital workflow—prefilling investor details, tax info, and KYC from Carta—so you can track every LP's status and countersign in bulk. (386 words)
- [SEC releases regulatory priorities under Atkins](/content/uk/en/policy/policy-weekly-09-05-25/index.html): Efforts to facilitate capital formation, expand investor access, and provide regulatory clarity to the crypto industry will dominate the broader policy agenda in both Congress and at the SEC.
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- [The state of seed in 2023: insights from Seedcamp’s Reshma Sohoni](/content/sg/en/blog/seed-vc-funding-2023/index.html): The seed round is the make-or-break moment in your startup’s growth journey. We asked one of Europe’s most prolific early-stage VCs to share her insights. (1,462 words)
- [SEIS Loss Relief](/content/sg/en/learn/startups/fundraising/seis/seis-loss-relief/index.html): The Seed Enterprise Investment Scheme offers loss relief to investors who fund SEIS-qualifying companies, allowing them to recover some money if the business fails. This article breaks down how SEIS loss relief works and when it can be claimed. (1,167 words)
- [Seed Enterprise Investment Scheme: SEIS Guide for Startups](/content/sg/en/learn/startups/fundraising/seis/index.html): The UK has one of the most active angel investment scenes in the world, partly thanks to the Seed Enterprise Investment Scheme. Learn about fundraising through SEIS – including qualifying companies, investment limits, and tax benefits for investors. (990 words)
- [Data explorer | Building the ERP for Private Capital](/content/sg/en/explore-erp/private-credit/data-explorer/index.html): Data Explorer unifies ownership and fund data into one environment—pre-built dashboards for deal IRR and fund metrics, custom queries, and an AI Copilot that answers questions. (447 words)
- [How ESOPs Power Australia’s Startup Ecosystem](/content/sg/en/blog/australian-startup-esops/index.html): Australia’s pro-equity culture and evolving regulatory landscape have made employee share ownership plans essential for startup success. Learn about ESOP implementation, tax, and compliance. (997 words)
- [KYC dashboard | Building the ERP for Private Capital](/content/sg/en/explore-erp/private-credit/kyc-dashboard/index.html): The KYC Dashboard centralizes investor due diligence—collecting LP IDs through secure requests, tracking every LP's verification status, and screening against OFAC and PEP watch lists. (350 words)
- [How to Fix Broken Legislation in the 409A Process | Carta](/content/sg/en/blog/fixing-409a/index.html): 409a valuations are a dinosaur industry - they cost a lot of money for little benefit. Carta is working to improve the process for private companies at large. (1,607 words)
- [GP carry tracking | Building the ERP for Private Capital](/content/sg/en/explore-erp/venture-capital/gp-carry-tracking/index.html): GP Carry Tracking links your fund and GP entity in one system of record, updating vested percentages automatically and calculating carry against fund performance so capital account statements stay accurate. (330 words)
- [Advance Assurance for SEIS and EIS](/content/sg/en/learn/startups/fundraising/seis-eis-advance-assurance/index.html): If you’re looking to raise startup funding through SEIS or EIS, securing Advance Assurance from HMRC can help you attract early-stage investors. Learn what Advance Assurance is, why it matters to investors, and how to apply for it. (1,077 words)
- [Data explorer | Building the ERP for Private Capital](/content/sg/en/explore-erp/private-equity/data-explorer/index.html): Data Explorer unifies ownership and fund data into one environment—pre-built dashboards for deal IRR and fund metrics, custom queries, and an AI Copilot that answers questions. (445 words)
- [Loan operations | Building the ERP for Private Capital](/content/sg/en/explore-erp/private-credit/loan-operations/index.html): Loan Operations centralizes every loan and facility into one view—tracking interest-rate history, PIK accruals, and payment schedules—so each payment flows straight into fund administration and your general ledger. (366 words)
- [Visual accounting | Building the ERP for Private Capital](/content/sg/en/explore-erp/private-credit/visual-accounting/index.html): Carta's new homepage is the operational command center for your funds, investments, legal entities, and LPs — a single live view to track portfolio performance, map firm-wide interdependencies, and act on fund administration workflows. (440 words)
- [Fund Tax | Building the ERP for Private Capital](/content/sg/en/explore-erp/private-equity/fund-tax/index.html): Fund Tax connects your fund financials, investor data, and tax documents so Carta's in-house tax team can prepare accurate K-1s, with a dashboard tracking every return's progress. (415 words)
- [Integrated expense management with Ramp | Building the ERP for Private Capital](/content/sg/en/explore-erp/private-credit/integrated-expense-management-with-ramp/index.html): Integrated expense management connects Ramp to Carta so expenses post to the right general ledger accounts in real time—categorized, with receipts, and audit-ready. (360 words)
- [Data explorer | Building the ERP for Private Capital](/content/sg/en/explore-erp/venture-capital/data-explorer/index.html): Data Explorer unifies ownership and fund data into one environment—pre-built dashboards for deal IRR and fund metrics, custom queries, and an AI Copilot that answers questions. (426 words)
- [Portfolio valuations | Building the ERP for Private Capital](/content/sg/en/explore-erp/private-credit/portfolio-valuations/index.html): Portfolio Valuations connects your live cap table, market data, and methodology blending in one dashboard—finalize to update the SOI and post journal entries without leaving Carta. (423 words)
- [LLC cap table management | Building the ERP for Private Capital](/content/sg/en/explore-erp/private-equity/llc-cap-table-management/index.html): LLC Cap Table Management handles complex private-equity ownership—issue equity, trace look-through ownership across entity layers, and run each portfolio company's waterfall from a live cap table. (410 words)
- [Auditor portal | Building the ERP for Private Capital](/content/sg/en/explore-erp/private-credit/auditor-portal/index.html): The Auditor Portal gives your auditors direct, real-time access to the fund documents they need to complete an audit—organized by entity, year, and audit area. (363 words)
- [Carta Policy: Weekly Brief for July 22 | Carta](/content/sg/en/policy/policy-weekly-07-22-22/index.html): House lawmakers approaching deal on stablecoin legislation, and Congress likely to pass semiconductor funding before August recess. (1,876 words)
- [GP carry tracking | Building the ERP for Private Capital](/content/sg/en/explore-erp/private-credit/gp-carry-tracking/index.html): GP Carry Tracking links your fund and GP entity in one system of record, updating vested percentages automatically and calculating carry against fund performance so capital account statements stay accurate. (325 words)
- [EIS Tax Relief Explained: Benefits, Criteria, and How to Claim](/content/sg/en/learn/startups/fundraising/eis/eis-tax-relief/index.html): The Enterprise Investment Scheme offers generous tax reliefs to investors as an incentive for backing early-stage companies. Learn more about SEIS tax benefits and the rules startups must follow. (1,108 words)
- [Integrated expense management with Ramp | Building the ERP for Private Capital](/content/sg/en/explore-erp/private-equity/integrated-expense-management-with-ramp/index.html): Integrated expense management connects Ramp to Carta so expenses post to the right general ledger accounts in real time—categorized, with receipts, and audit-ready. (363 words)
- [PE Portco cap table management | Building the ERP for Private Capital](/content/sg/en/explore-erp/private-equity/pe-portco-cap-table-management/index.html): PE Portco Cap Table Management gives PE-backed companies one accurate cap table to share with investors—slice ownership, issue MIUs and PIUs, take as-of-date snapshots, and run waterfalls in platform. (447 words)
- [LP portal | Building the ERP for Private Capital](/content/sg/en/explore-erp/private-credit/lp-portal/index.html): The LP Portal gives your limited partners one consolidated view of their commitments and holdings—including deal IRR, SOI, and transactions—plus a document hub for K-1s, capital call notices, and LPAs. (299 words)
- [Management company administration | Building the ERP for Private Capital](/content/sg/en/explore-erp/private-equity/management-company-administration/index.html): Management Company Administration is your firm's command center—tracking cash position, paying vendors with native bill pay, clearing intercompany balances, and tracking spend against budget. (299 words)
- [Look-through ownership and multi-entity waterfall | Building the ERP for Private Capital](/content/sg/en/explore-erp/private-equity/look-through-ownership-and-multi-entity-waterfall/index.html): Carta generates a visual map of multi-entity ownership and runs a waterfall for any equity value—breaking proceeds down from portfolio companies through to LPs and GPs. (261 words)
- [How Carta Helps Streamline Equity, Make Hires, and Save on Taxes](/content/uk/en/customer-stories/streamline/index.html): Mac Clemmens first became aware of Carta when he was bootstrapping his first startup from his college dorm room. He was frustrated by archaic systems for cap table management and was looking for answers for issuing employee equity. (909 words)
- [Auditor portal | Building the ERP for Private Capital](/content/sg/en/explore-erp/private-equity/auditor-portal/index.html): The Auditor Portal gives your auditors direct, real-time access to the fund documents they need to complete an audit—organized by entity, year, and audit area. (363 words)
- [Election Outlook: Capital Markets](/content/uk/en/policy/election-outlook-2024-capital-markets/index.html): No matter which party wins either chamber of Congress, thin margins will continue to make sweeping changes unlikely. But a few points of bipartisan agreement could bring more capital to the private markets and expand access for more investors. 
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- [Capital calls | Building the ERP for Private Capital](/content/sg/en/explore-erp/private-credit/capital-calls/index.html): Manage Capital Calls end-to-end on a single platform that calculates contributions, issues LP notices, and tracks payments—with built-in checks that keep each capital call in line with your LPA. (320 words)
- [Waterfall modeling | Building the ERP for Private Capital](/content/sg/en/explore-erp/private-equity/waterfall-modeling/index.html): Waterfall Modeling anchors your exit scenarios to the live cap table—set an equity value, run distribution rules against the real-time ledger, and see exactly where preferred return hurdles clear. (307 words)
- [Automated money movement | Building the ERP for Private Capital](/content/sg/en/explore-erp/private-equity/automated-money-movement/index.html): Automated Money Movement for Distributions streamlines your fund distribution process, eliminating redundant individual wire approvals while giving you and your investors real-time payment visibility. (385 words)
- [KYC dashboard | Building the ERP for Private Capital](/content/sg/en/explore-erp/private-equity/kyc-dashboard/index.html): The KYC Dashboard centralizes investor due diligence—collecting LP IDs through secure requests, tracking every LP's verification status, and screening against OFAC and PEP watch lists. (349 words)
- [GP carry tracking | Building the ERP for Private Capital](/content/sg/en/explore-erp/private-equity/gp-carry-tracking/index.html): GP Carry Tracking links your fund and GP entity in one system of record, updating vested percentages automatically and calculating carry against fund performance so capital account statements stay accurate. (327 words)
- [Closings | Building the ERP for Private Capital](/content/sg/en/explore-erp/private-equity/closings/index.html): Closings replaces offline subscription processes with a digital workflow—prefilling investor details, tax info, and KYC from Carta—so you can track every LP's status and countersign in bulk. (410 words)
- [LP portal | Building the ERP for Private Capital](/content/sg/en/explore-erp/private-equity/lp-portal/index.html): The LP Portal gives your limited partners one consolidated view of their commitments and holdings—including deal IRR, SOI, and transactions—plus a document hub for K-1s, capital call notices, and LPAs. (293 words)
- [Portfolio valuations | Building the ERP for Private Capital](/content/sg/en/explore-erp/private-equity/portfolio-valuations/index.html): Portfolio Valuations connects your live cap table, market data, and methodology blending in one dashboard—finalize to update the SOI and post journal entries without leaving Carta. (447 words)
- [The Problem with 409A Valuations | Carta](/content/sg/en/blog/the-problem-with-409a-valuations/index.html): The 409A methodologies are outdated and have many flaws. We break down what they are and how Carta combats them to give you the most accurate valuations. (930 words)
- [Management company administration | Building the ERP for Private Capital](/content/sg/en/explore-erp/venture-capital/management-company-administration/index.html): Management Company Administration is your firm's command center—tracking cash position, paying vendors with native bill pay, clearing intercompany balances, and tracking spend against budget. (323 words)
- [KYC dashboard | Building the ERP for Private Capital](/content/sg/en/explore-erp/venture-capital/kyc-dashboard/index.html): The KYC Dashboard centralizes investor due diligence—collecting LP IDs through secure requests, tracking every LP's verification status, and screening against OFAC and PEP watch lists. (350 words)
- [Capital calls | Building the ERP for Private Capital](/content/sg/en/explore-erp/private-equity/capital-calls/index.html): Manage Capital Calls end-to-end on a single platform that calculates contributions, issues LP notices, and tracks payments—with built-in checks that keep each capital call in line with your LPA. (334 words)
- [Waterfall modeling | Building the ERP for Private Capital](/content/sg/en/explore-erp/venture-capital/waterfall-modeling/index.html): Waterfall Modeling anchors your exit scenarios to the live cap table—set an equity value, run distribution rules against the real-time ledger, and see exactly where preferred return hurdles clear. (306 words)
- [Fund Forecasting | Building the ERP for Private Capital](/content/sg/en/explore-erp/venture-capital/fund-forecasting/index.html): Fund Forecasting builds your fund model with a construction wizard and live cap table data—projecting pacing, deployment, and performance like DPI, TVPI, and net IRR against your actuals. (493 words)
- [Visual accounting | Building the ERP for Private Capital](/content/sg/en/explore-erp/private-equity/visual-accounting/index.html): Carta's new homepage is the operational command center for your funds, investments, legal entities, and LPs — a single live view to track portfolio performance, map firm-wide interdependencies, and act on fund administration workflows. (416 words)
- [Carta Policy: Weekly Brief for July 29 | Carta](/content/sg/en/policy/policy-weekly-07-29-22/index.html): Major breakthrough on tax and climate package. Proposed bill includes tax hike on carried interest, but QSBS and IRA private investment spared. (2,481 words)
- [Visual accounting | Building the ERP for Private Capital](/content/sg/en/explore-erp/venture-capital/index.html): Carta's new homepage is the operational command center for your funds, investments, legal entities, and LPs — a single live view to track portfolio performance, map firm-wide interdependencies, and act on fund administration workflows. (438 words)
- [Closings | Building the ERP for Private Capital](/content/sg/en/explore-erp/venture-capital/closings/index.html): Closings replaces offline subscription processes with a digital workflow—prefilling investor details, tax info, and KYC from Carta—so you can track every LP's status and countersign in bulk. (386 words)
- [Integrated expense management with Ramp | Building the ERP for Private Capital](/content/sg/en/explore-erp/venture-capital/integrated-expense-management-with-ramp/index.html): Integrated expense management connects Ramp to Carta so expenses post to the right general ledger accounts in real time—categorized, with receipts, and audit-ready. (363 words)
- [SEC signals retail access to private markets may come with guardrails ](/content/uk/en/policy/policy-weekly-09-26-25/index.html): SEC backs capital formation reforms and signals interest in expanding retail access to private markets with additional guardrails, while Congress faces a likely government shutdown and new H-1B restrictions spark concern across the innovation ecosystem. (1,465 words)
- [AI, automation, and global scale: How the smartest startups operate today](/content/uk/en/blog/ai-automation-global-scale/index.html): Startups in Singapore are scaling across borders faster than ever. Understand what it really takes to scale internationally in the new AI era. (394 words)
- [Auditor portal | Building the ERP for Private Capital](/content/sg/en/explore-erp/venture-capital/auditor-portal/index.html): The Auditor Portal gives your auditors direct, real-time access to the fund documents they need to complete an audit—organized by entity, year, and audit area. (360 words)
- [Fund Tax | Building the ERP for Private Capital](/content/sg/en/explore-erp/venture-capital/fund-tax/index.html): Fund Tax connects your fund financials, investor data, and tax documents so Carta's in-house tax team can prepare accurate K-1s, with a dashboard tracking every return's progress. (415 words)
- [Visual accounting | Building the ERP for Private Capital](/content/sg/en/explore-erp/venture-capital/visual-accounting/index.html): Carta's new homepage is the operational command center for your funds, investments, legal entities, and LPs — a single live view to track portfolio performance, map firm-wide interdependencies, and act on fund administration workflows. (443 words)
- [Document Intelligence for SPAs](/content/sg/en/product-updates/document-intelligence-spas/index.html): Unlock critical fund data with Carta Document Intelligence. Automatically extract over 150 fields from SPAs and make them searchable and queryable for rapid VC/PE insights. (439 words)
- [Portfolio valuations | Building the ERP for Private Capital](/content/sg/en/explore-erp/venture-capital/portfolio-valuations/index.html): Portfolio Valuations connects your live cap table, market data, and methodology blending in one dashboard—finalize to update the SOI and post journal entries without leaving Carta. (445 words)
- [Capital calls | Building the ERP for Private Capital](/content/sg/en/explore-erp/venture-capital/capital-calls/index.html): Manage Capital Calls end-to-end on a single platform that calculates contributions, issues LP notices, and tracks payments—with built-in checks that keep each capital call in line with your LPA. (296 words)
- [Loan operations | Building the ERP for Private Capital](/content/sg/en/explore-erp/private-credit/index.html): Loan Operations centralizes every loan and facility into one view—tracking interest-rate history, PIK accruals, and payment schedules—so each payment flows straight into fund administration and your general ledger. (390 words)
- [Proposed outbound investment screen will impact venture](/content/uk/en/policy/policy-weekly-06-28-24/index.html): SCOTUS curbs powers of administrative state and SEC. 
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- [The shift to SAFEs varies by sector | Carta](/content/sg/en/data/safes-vs-convertible-notes-by-sector-2023/index.html): SAFEs were about five times more common than convertible notes in H1 2023. But in some sectors, convertible notes are still the top choice. (539 words)
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- [The next evolution of Carta | Carta](/content/sg/en/blog/the-next-evolution-of-carta/index.html): Today we are making a visual change at Carta. This change is the external manifestation of the next evolution of Carta. (811 words)
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- [Why We Built Carta Launch](/content/sg/en/product-updates/carta-launch-free-tools-founders/index.html): Our suite helps with critical aspects of company-building, from incorporation to creating and issuing SAFEs to hiring your first employees. 
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- [Event Code of Conduct | Legal Hub](/content/sg/en/legal/terms-agreements/event-code-of-conduct/index.html): By attending a Carta event (in-person or virtual), including any of the events or activities organized by Carta in association with the Carta event (collectively the “Event”), you represent that you have read, understand and agree to the following Carta Event Code of Conduct (hereinafter “Code of Conduct”).This Code of Conduct applies to all attendees, speakers, exhibitors, sponsors, organizers, staff, and volunteers (collectively “Event Participants”) at the Event. (557 words)
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- [Create Report Schedule](/content/docs/crm/reference/publicreportscontrollercreatereportschedule/index.html): Schedule a deal report to be emailed on a recurring basis. Recipients must be active users of the caller's organization — outside emails are rejected. Each user has their own schedule per report: a second call by the same caller is rejected (use the update endpoint), but other users can still create… (266 words)
- [Carta Europe Privacy and Data Protection](/content/sg/en/legal/privacy/carta-europe-gdpr-compliance/index.html): Carta Europe Privacy and Data Protection (429 words)
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- [Carta Law Complaints Policy | Legal Hub](/content/sg/en/legal/compliance/carta-law-legal-regulatory-information/index.html): We aim to provide a high-quality service to all of our clients at all times. If you have any concerns with our service, the level of our fees, or with the way in which we have dealt with any matter we have worked on, please first contact your Lead Lawyer or other primary relationship contact, who will handle your complaint or refer it internally to an appropriate member of staff.  (213 words)
- [Carta Europe Email Policy | Legal Hub](/content/sg/en/legal/privacy/carta-europe-email-policy/index-2.html): Emails from Carta Europe: When you sign up with Carta Europe, we will ask you for your consent to enroll you in our subscription lists, including, but not limited to: product, support, promotions, and sales-related emails. (279 words)
- [Create Report](/content/docs/crm/reference/publicreportscontrollercreatereport/index.html): Creates a new saved report for contact , deal , fundraising , investor , or company entities. filters use the same structured shape as the aggregate endpoints ( field_id , operator , value ) — use the matching List Fields endpoint to discover valid field_id values. For deal reports, an optional pipe… (264 words)
- [Update Report](/content/docs/crm/reference/publicreportscontrollerupdatereport/index.html): Update a saved report's name, filters, group-by, or pipeline scope. Only the report owner (or an org admin) can update it. Omitted fields are left unchanged. Pass an empty array for `filters` or `groupBy` to clear them. (203 words)
- [Carta Europe Service Partners | Legal Hub](/content/sg/en/legal/privacy/carta-europe-service-partners/index.html): This page lists the partners with whom we may share your account contact data with according to our Customer Agreement §3.4. (113 words)
- [Toggle Module](/content/docs/crm/reference/publicorganizationconfigurationcontrollertogglemodule.html): Enables or disables an organization module. Available modules: deals , fundraising , investors , fees , themes , companies , contacts . (72 words)
- [Update Report Schedule](/content/docs/crm/reference/publicreportscontrollerupdatereportschedule/index.html): Update the caller's schedule for this report — RRULE, recipient list, or active flag. Recipients must be active users of the caller's organization. Omitted fields are left unchanged. Returns 404 if the caller has no schedule on the report, even if another user has one.
RRULE shape: if you replace rr… (186 words)
- [Update Notification Settings](/content/docs/crm/reference/publicnotificationsettingscontrollerupdatesettings/index.html): Sets the calling user's master email switch and/or individual per-type toggles to explicit on/off values. Per-type changes require the master switch to be on (already on, or set on in the same request), otherwise the request is rejected. Returns the updated settings. (119 words)
- [Count Contacts in a List or Report](/content/docs/crm/reference/publicobjectscountcontrollergetcontactcount/index.html): Returns the contact count for a single list ( listId ) or saved contact report ( reportId ) — exactly one is required. The count matches what the front end shows for that list/report regardless of whether those contacts also belong to other lists (no cross-list de-duplication). Discover ids via GET … (110 words)
- [Count Objects Across Tenant](/content/docs/crm/reference/publicobjectscountcontrollergetobjectscount/index.html): Returns the total number of contacts, deals, fundraisings, investors, and notes across the organization. Contacts are deduplicated across lists. Use as an onboarding sanity check to verify how many objects loaded for a tenant. (75 words)
- [Get Notification Settings](/content/docs/crm/reference/publicnotificationsettingscontrollergetsettings/index.html): Returns the calling user's master email switch and per-type email notification toggles. (73 words)
- [Delete Report](/content/docs/crm/reference/publicreportscontrollerdeletereport/index.html): Permanently removes a saved report. Only the report owner (or an org admin) can delete it. (80 words)
- [Delete Report Schedule](/content/docs/crm/reference/publicreportscontrollerdeletereportschedule/index.html): Remove the caller's recurring schedule for this report. Does not delete the report itself, and does not affect schedules other users have on the same report. Returns 404 if the caller has no schedule. (59 words)
- [List Reports](/content/docs/crm/reference/publicreportscontrollerlistreports/index.html): Returns saved reports the calling user has access to for the given entityType (one of contact , deal , fundraising , investor , company ). Each item is a lightweight projection — id , name , entityType , creatorId , createdAt , updatedAt . Call GET /v1/reports/:id to fetch pipelineId , columns , and… (91 words)
- [Get Report Data](/content/docs/crm/reference/publicreportscontrollergetreportdata/index.html): Runs a report by ID and returns the matching rows plus a total count . The shape of each row depends on the report's entityType (deal, contact, fundraising, investor, or company). Supports offset / limit pagination and an optional search overlay for deal, fundraising, investor, and company reports. (131 words)
- [Get Report Schedule](/content/docs/crm/reference/publicreportscontrollergetreportschedule/index.html): Returns the recurring schedule the caller has configured for this report, or 204 No Content if the caller has none. Each user manages their own schedule on a shared report — schedules created by other users are not visible through this endpoint. Only deal reports support scheduling. (96 words)
- [Search people](/content/docs/crm/reference/publicpeoplecontrollersearchpeople/index.html): Searches public LinkedIn profiles matching a free-text query (typically a person's name). Returns a lightweight list of candidates. Use POST /v1/people/enrich after the end user has selected a single candidate to retrieve full profile data. (123 words)
- [Enrich person](/content/docs/crm/reference/publicpeoplecontrollerenrichperson/index.html): Enriches a single person by LinkedIn URL, returning profile details (name, title, emails, jobs, tags, location). Only invoke this after the end user has selected a specific candidate returned by GET /v1/people/search . If a contact with a matching LinkedIn URL or email already exists in the organiza… (80 words)
- [Get Theme Items](/content/docs/crm/reference/publicthemescontrollergetthemeitems/index.html): Returns all items (contacts, companies, deals, notes) tagged under the specified theme. (102 words)
- [Change User Role](/content/docs/crm/reference/publicorganizationconfigurationcontrollerchangeuserrole.html): Changes the company role of a user. (85 words)
- [List Interactions by Domain](/content/docs/crm/reference/publicinteractionscontrollergetinteractions/index.html): Return past email and calendar event interactions between your organization and contacts at the specified domain (sorted by date descending), plus the next upcoming calendar event (capped at 1, independent of limit ). The supplied domain is expanded to any aliases linked to it in this organization, … (137 words)
- [Get Report](/content/docs/crm/reference/publicreportscontrollergetreport/index.html): Returns the full saved report — id, name, entityType, creatorId, createdAt, updatedAt plus pipelineId, the resolved columns list, and the raw ag-grid configuration (filters, colDef, grouping). Pair with the list endpoint, which returns only metadata. (110 words)
- [UK Partner Form](/content/uk/en/partner-form/index.html): Join Carta’s partner program, get a discount for your clients. (10 words)
- [List Notes by Company Domain](/content/docs/crm/reference/publicnotescontrollergetnotesbydomain/index.html): Returns notes related to a company domain, aggregated across notes linked to the company itself, its deals, investors, fundraising opportunities, and contacts at that domain. Each note is tagged with originEntityType indicating which linkage caused it to be included. Use entityTypes to restrict the … (167 words)
- [Add Theme Item](/content/docs/crm/reference/publicthemescontrollercreatethemeitem/index.html): Links an entity to the specified theme and updates its comments/tags with a theme mention. (96 words)
- [List Users](/content/docs/crm/reference/publicorganizationconfigurationcontrollergetusers/index.html): Returns a list of users in the organization associated with the API key. (65 words)
- [List Themes](/content/docs/crm/reference/publicthemescontrollergetthemes/index.html): Returns all themes for the organization. (97 words)
- [Get Theme Folders](/content/docs/crm/reference/publicthemescontrollergetthemefolders/index.html): Returns the folders within a theme, grouped by entity type. (111 words)
- [Add Subtheme](/content/docs/crm/reference/publicthemescontrolleraddsubtheme/index.html): Makes an existing theme a subtheme of the specified parent theme. (99 words)
- [Remove Subtheme](/content/docs/crm/reference/publicthemescontrollerremovesubtheme/index.html): Removes a subtheme link from the specified parent theme. (73 words)
- [Delete Theme Item](/content/docs/crm/reference/publicthemescontrollerdeletethemeitem/index.html): Removes an item from the theme and cleans up the theme mention from the entity's text/comments/tags. (85 words)
- [Add User](/content/docs/crm/reference/publicorganizationconfigurationcontrolleradduser/index.html): Creates a new user in the organization associated with the API key. (100 words)
- [Add Custom Field](/content/docs/crm/reference/publicinvestorscontrolleraddcustomfield/index.html): Adds a new custom field to the investor schema. (512 words)
- [Create Email Campaign](/content/docs/crm/reference/publicemailcampaigncontrollercreatecampaign/index.html): Creates a draft email campaign. The campaign is not sent — sending is done manually from the app. (121 words)
- [Upload Attachment to Note](/content/docs/crm/reference/publicnoteattachmentcontrolleruploadnoteattachment/index.html): Uploads a file attachment to a note. Send the file as multipart/form-data with the field name file . Returns the saved attachment metadata. (80 words)
- [Change User Status](/content/docs/crm/reference/publicorganizationconfigurationcontrollerchangeuserstatus.html): Changes the status of a user (ACTIVE or BLOCKED). (87 words)
- [Delete Attachment from Note](/content/docs/crm/reference/publicnoteattachmentcontrollerdeletenoteattachment/index.html): Removes a file attachment from a note. The file is also deleted from storage. (65 words)
- [List Teams](/content/docs/crm/reference/publicorganizationconfigurationcontrollergetteams/index.html): Returns a list of teams in the organization associated with the API key. (71 words)
- [Create Theme](/content/docs/crm/reference/publicthemescontrollercreatetheme/index.html): Creates a new theme. If a theme with the same name already exists, returns the existing one. (83 words)
- [Link Note to Company](/content/docs/crm/reference/publiccompanylinkingcontrollerlinknote/index.html): Establishes a link between an existing note and a company . The :id path parameter accepts either a platform company ID (Mongo ObjectId) or a company domain (e.g. acme.com ); if the domain does not match a platform company, it is resolved via Apollo/Clearbit and stored as a preview-only link. No req… (87 words)
- [Update Email Campaign](/content/docs/crm/reference/publicemailcampaigncontrollerupdatecampaign/index.html): Updates a draft/failed campaign. A sent campaign may only be renamed. Does not send the campaign. (125 words)
- [Get Organization](/content/docs/crm/reference/publicorganizationconfigurationcontrollergetorganization.html): Returns details of the organization the API key is scoped to. Useful for confirming which client/tenant a key operates on. (48 words)
- [Unlink Note from Company](/content/docs/crm/reference/publiccompanylinkingcontrollerunlinknote/index.html): Removes the link between a note and a company . The note itself is not deleted. The :id path parameter accepts either a platform company ID (Mongo ObjectId) or a company domain (e.g. acme.com ). (97 words)
- [Update Note](/content/docs/crm/reference/publicnotescontrollerupdatenote/index.html): Partially updates an existing note . Only the fields provided in the request body will be modified; all other fields remain unchanged. (109 words)
- [Upload Email Campaign Attachment](/content/docs/crm/reference/publicemailcampaignattachmentcontrolleruploadattachment.html): Uploads a file attachment to a draft/failed email campaign. Send the file as multipart/form-data with the field name file . Returns the updated campaign. (88 words)
- [List Email Campaigns](/content/docs/crm/reference/publicemailcampaigncontrollerlistcampaigns/index.html): Returns a paginated list of email campaigns for the organization, optionally filtered by status. (118 words)
- [Get Email Campaign](/content/docs/crm/reference/publicemailcampaigncontrollergetcampaign/index.html): Returns full campaign details including HTML content, recipients, and the available merge variables. (75 words)
- [Enrich Investor](/content/docs/crm/reference/publicinvestorscontrollerenrichinvestor/index.html): Triggers asynchronous enrichment for an existing investor . The system fetches company data (firmographics, employees, location) from the investor's website and backfills configured fields. Enrichment runs asynchronously; poll GET /v1/investors/:id to retrieve enriched data once processing completes… (90 words)
- [Update Custom Field](/content/docs/crm/reference/publicinvestorscontrollerupdatecustomfield/index.html): Partially updates an existing custom field in the investor schema. Only the fields provided in the request body will be modified. (401 words)
- [List Notes](/content/docs/crm/reference/publicnotescontrollergetnotes/index.html): Returns notes based on search criteria, with optional folder filtering and pagination. (123 words)
- [Delete Email Campaign](/content/docs/crm/reference/publicemailcampaigncontrollerdeletecampaign/index.html): Deletes a campaign of any status. Scheduled campaigns are cancelled on SendGrid before deletion. (60 words)
- [List Linked Notes](/content/docs/crm/reference/publiccompanylinkingcontrollergetlinkednotes/index.html): Returns all notes linked to the specified company. The :id path parameter accepts either a platform company ID (Mongo ObjectId) or a company domain (e.g. acme.com ). (77 words)
- [Delete Email Campaign Attachment](/content/docs/crm/reference/publicemailcampaignattachmentcontrollerdeleteattachment.html): Removes an attachment (identified by its s3Key , as returned in the campaign detail) from a draft/failed campaign and deletes the stored file. Returns the updated campaign. (81 words)
- [Add Custom Field](/content/docs/crm/reference/publiccontactscontrolleraddcustomfield/index.html): Adds a new custom field to the contact schema. (356 words)
- [Create Note](/content/docs/crm/reference/publicnotescontrollercreatenote/index.html): Creates a new note with the specified title, optional text content, and optional folder assignment. (161 words)
- [Delete Note](/content/docs/crm/reference/publicnotescontrollerdeletenote/index.html): Permanently removes a note from the system. (81 words)
- [Delete Deal Logo](/content/docs/crm/reference/publicdealattachmentcontrollerdeletedeallogo/index.html): Removes the logo from a deal. (69 words)
- [Upload Attachment to Fundraising Custom Field](/content/docs/crm/reference/publicfundraisingattachmentcontrolleruploadfundraisingfieldattachment.html): Uploads a file attachment to a fundraising custom field of type attachment . Send the file as multipart/form-data with the field name file . (97 words)
- [Portfolio Management - Managing Rounds | support.carta.com](/content/support/kb/guide/en/portfolio-management-managing-rounds-mvam83ubaw/steps/4213443/index.html): Managing RoundsTypes of eventsWhen you click on + Add under an investment round, there are multiple options availableNew Round: Add another financing round by the companyOwnership Update: Override Fund Forecasting's internally calculated ownershipValuation Update / Change: Override Fund Forecasting's internally calculated FMVSecondary Acquisition: Acquire secondary shares in the companyPartial Sale: Realize a partial saleDividend, Interest or Distribution: Capture cashflow form the company i.e. dividend, interest or distributionsAdding a new roundTo add a new historical round to an investment, open the investment and go to the last round.Click on Add > New Round on the prior round. This will create a new round called New Round.Click on Edit for this new round and enter the parameters for this round.Click on Close when complete and Save ChangesProjecting Future RoundsClick on Future from the Actions menuSelect the following attributed to project future roundsSector Profile: Which sector profile to pick future rounds from?Starting Round: What should be the first future round?Graduation Rate: Should future rounds have graduation rates from the sector profile or should the graduation rates be 100%?Starting Date: What should be the date of the first future round? You can either select a custom date or use the Last Round option which will create a future round based on the time to graduate since the last round.Fund Forecasting will automatically add new rounds to your investment from your selected starting round.Reserve ManagementReserves for future rounds can be set by entering them as Investment Amounts in future roundsAlternatively ,clicking on the Reserve Pro-Rata option for the future rounds will automatically calculate and the set the amount needed to maintain ownership.Total amount of follow-on reserved for a Performance Case are shown under ResultsNote that the actual amount of reserves allocated for a deal are probability-weighted. For e.g. if you have reserved $1mm in a future round, but the graduation rate into the future round is only 40%, the amount reserved will be $400k ($1mm x 40%)Managing Graduation RatesGraduation rates represent the likelihood of the company reaching that round (and not failing prior).The MOIC, IRR, FMVs and Exit Proceeds are all weighted by the cumulative graduation. Increasing graduation rates will improve performance (IRRs, multiples, future FMVs and exit proceeds) and vice versa.To change the graduation rate of a round, click on Edit to open the Event Editor and then change the Graduation Rate fieldTo remove all graduation rates (i.e. set them to 100%), click on the 100% button from the Actions toolbarEntering Share Level Data (Optional)If a round is priced and you have the cap table details, you can directly enter share prices and share counts by turning on the Enter Share Data toggle from the Event Editor. Fund Forecasting will automatically calculate the round valuation, round size and your investment amounts based on the entered share data. Note: Share Mode is disabled for unpriced rounds such as SAFEs and Convertible Notes.Tranched RoundsThere may be instances where your fund has invested in the same round at the same terms but in multiple tranches. There are 2 recommended approaches to tackling this and the decision depends on your reporting preferences. Approach 1: Combining tranches into a single roundIn this approach, you combine the 2 tranches into a single round. You can use the Notes field to denote that the investment was executed in multiple tranches.Approach 2: Defining two tranches as new roundsCreate multiple rounds reflecting separate investments into the company. The pre-money valuation and round sizes will need to be adjusted accordingly. For e.g. the post-money from the first tranche should become the pre-money for the next tranche. (631 words)
- [Get Note by ID](/content/docs/crm/reference/publicnotescontrollergetnotebyid/index.html): Returns a single note by its unique identifier. (62 words)
- [Get Investor by ID](/content/docs/crm/reference/publicinvestorscontrollergetinvestorbyid/index.html): Returns a single investor by its unique identifier. (87 words)
- [Upload Attachment to Company Custom Field](/content/docs/crm/reference/publiccompanyattachmentcontrolleruploadcompanyfieldattachment.html): Uploads a file attachment to a company custom field of type attachment . Send the file as multipart/form-data with the field name file . (95 words)
- [List Note Folders](/content/docs/crm/reference/publicnotescontrollergetfolders/index.html): Returns all note folders accessible to the authenticated user. (50 words)
- [Delete Attachment from Fundraising Custom Field](/content/docs/crm/reference/publicfundraisingattachmentcontrollerdeletefundraisingfieldattachment.html): Removes a file attachment from a fundraising custom field of type attachment . The file is also deleted from storage. (77 words)
- [Delete Attachment from Company Custom Field](/content/docs/crm/reference/publiccompanyattachmentcontrollerdeletecompanyfieldattachment.html): Removes a file attachment from a company custom field of type attachment . The file is also deleted from storage. (77 words)
- [Update Custom Field](/content/docs/crm/reference/publiccontactscontrollerupdatecustomfield/index.html): Partially updates an existing custom field in the contact schema. Only the fields provided in the request body will be modified. (361 words)
- [Upload Fundraising Logo](/content/docs/crm/reference/publicfundraisingattachmentcontrolleruploadfundraisinglogo.html): Uploads a logo for a fundraising opportunity. Send the file as multipart/form-data with the field name file . Replaces any existing logo. (60 words)
- [Delete Attachment from Investor Custom Field](/content/docs/crm/reference/publicinvestorattachmentcontrollerdeleteinvestorfieldattachment.html): Removes a file attachment from an investor custom field of type attachment . The file is also deleted from storage. (77 words)
- [Annual Equity Report 2021 by Carta](/content/uk/en/data/equity-report-2021/index.html): Analysis of equity distribution by gender, race, and ethnicity (3,978 words)
- [Upload Attachment to Investor Custom Field](/content/docs/crm/reference/publicinvestorattachmentcontrolleruploadinvestorfieldattachment.html): Uploads a file attachment to an investor custom field of type attachment . Send the file as multipart/form-data with the field name file . (90 words)
- [Delete Fundraising Logo](/content/docs/crm/reference/publicfundraisingattachmentcontrollerdeletefundraisinglogo.html): Removes the logo from a fundraising opportunity. (47 words)
- [Upload Attachment to Deal Custom Field](/content/docs/crm/reference/publicdealattachmentcontrolleruploaddealfieldattachment.html): Uploads a file attachment to a deal custom field of type attachment . Send the file as multipart/form-data with the field name file . (83 words)
- [List Contacts](/content/docs/crm/reference/publiccontactscontrollergetcontacts/index.html): Return contacts based on search criteria. (324 words)
- [List Investor Relations](/content/docs/crm/reference/publicinvestorscontrollergetinvestorrelations/index.html): Return aggregated relationships (one row per unique participant) for an investor. (114 words)
- [Delete Attachment from Deal Custom Field](/content/docs/crm/reference/publicdealattachmentcontrollerdeletedealfieldattachment.html): Removes a file attachment from a deal custom field of type attachment . The file is also deleted from storage. (81 words)
- [Upload Investor Logo](/content/docs/crm/reference/publicinvestorattachmentcontrolleruploadinvestorlogo.html): Uploads a logo for an investor. Send the file as multipart/form-data with the field name file . Replaces any existing logo. (70 words)
- [Update Investor](/content/docs/crm/reference/publicinvestorscontrollerupdateinvestor/index.html): Updates an existing investors in the system.
Updates do not trigger auto-enrichment. To enrich the investor after updating, call POST /v1/investors/:id/enrich .
Origin contact link: When originContactId is included in the patch, the referenced contact must exist in the caller's organization (404 oth… (209 words)
- [Upload Company Logo](/content/docs/crm/reference/publiccompanyattachmentcontrolleruploadcompanylogo/index.html): Uploads a logo for a company. Send the file as multipart/form-data with the field name file . Replaces any existing logo. (60 words)
- [Reorder Custom Field](/content/docs/crm/reference/publicinvestorscontrollerreordercustomfield/index.html): Changes the position of a field in the investor field list. Provide either direction ("up"/"down") to move one step, or an explicit zero-based position . (138 words)
- [Link Note to Deal](/content/docs/crm/reference/publicdeallinkingcontrollerlinknote/index.html): Establishes a link between an existing note and a deal . No request body is needed. (93 words)
- [Create Investor](/content/docs/crm/reference/publicinvestorscontrollercreateinvestor/index.html): Creates a new investors in the system.
Auto-Enrichment: To enable automatic company data enrichment, provide a valid company website URL in the fields.website field. When a valid URL is supplied, the system will automatically populate additional company information.
Origin contact link: When originC… (193 words)
- [Delete Company Logo](/content/docs/crm/reference/publiccompanyattachmentcontrollerdeletecompanylogo/index.html): Removes the logo from a company. (71 words)
- [Unlink Note from Investor](/content/docs/crm/reference/publicinvestorlinkingcontrollerunlinknote/index.html): Removes the link between a note and an investor . The note itself is not deleted. (93 words)
- [Upload Deal Logo](/content/docs/crm/reference/publicdealattachmentcontrolleruploaddeallogo/index.html): Uploads a logo for a deal. Send the file as multipart/form-data with the field name file . Replaces any existing logo. (76 words)
- [Link Note to Fundraising](/content/docs/crm/reference/publicfundraisinglinkingcontrollerlinknote/index.html): Establishes a link between an existing note and a fundraising . No request body is needed. (93 words)
- [Link Note to Investor](/content/docs/crm/reference/publicinvestorlinkingcontrollerlinknote/index.html): Establishes a link between an existing note and an investor . No request body is needed. (95 words)
- [List Contact Interactions](/content/docs/crm/reference/publiccontactscontrollergetcontactinteractions/index.html): Return past email and calendar event interactions with a single contact (sorted by date descending), plus the next upcoming calendar event (capped at 1, independent of limit ). The contact's known emails on the record are used as the participant filter. (112 words)
- [Delete Investor Logo](/content/docs/crm/reference/publicinvestorattachmentcontrollerdeleteinvestorlogo.html): Removes the logo from an investor. (71 words)
- [List Investor Interactions](/content/docs/crm/reference/publicinvestorscontrollergetinvestorinteractions/index.html): Return past email and calendar event interactions for an investor (sorted by date descending), plus the next upcoming calendar event (capped at 1, independent of limit ). Domain(s) resolve from the investor's company; contact-origin investors fall back to the origin contact's emails. (127 words)
- [Link Note to Contact](/content/docs/crm/reference/publiccontactlinkingcontrollerlinknote/index.html): Establishes a link between an existing note and a contact . No request body is needed. (93 words)
- [Search Investors with Structured Filters](/content/docs/crm/reference/publicinvestorscontrollersearchinvestors/index.html): Returns investors matching the structured filters in the request body. Use this endpoint when you need to filter by custom field values, ranges, or other field-level criteria that cannot be expressed in the simple GET /v1/investors query.
Use the List Investor Fields endpoint to discover valid field… (154 words)
- [List Linked Notes](/content/docs/crm/reference/publicinvestorlinkingcontrollergetlinkednotes/index.html): Returns all notes linked to the specified investor. (79 words)
- [List Linked Notes](/content/docs/crm/reference/publiccontactlinkingcontrollergetlinkednotes/index.html): Returns all notes linked to the specified contact. (83 words)
- [List Linked Notes](/content/docs/crm/reference/publicdeallinkingcontrollergetlinkednotes/index.html): Returns all notes linked to the specified deal. (83 words)
- [Aggregate Investors](/content/docs/crm/reference/publicinvestorscontrolleraggregateinvestors/index.html): Groups investors by a field and returns counts per group. Supports filtering before aggregation.
Use the List Investor Fields endpoint to discover valid field IDs for group_by and filters . (108 words)
- [Update Custom Field](/content/docs/crm/reference/publiccompanymetadatacontrollerupdatecustomfield/index.html): Partially updates an existing custom field in the company schema. Only the fields provided in the request body will be modified. (363 words)
- [Unlink Note from Deal](/content/docs/crm/reference/publicdeallinkingcontrollerunlinknote/index.html): Removes the link between a note and a deal . The note itself is not deleted. (93 words)
- [List Linked Notes](/content/docs/crm/reference/publicfundraisinglinkingcontrollergetlinkednotes/index.html): Returns all notes linked to the specified fundraising. (61 words)
- [Add Custom Field](/content/docs/crm/reference/publiccompanymetadatacontrolleraddcustomfield/index.html): Adds a new custom field to the company schema. (430 words)
- [Founders Wanted | Carta](/content/sg/en/blog/founders-wanted/index.html): Take an inside look into the business structure of Carta. (1,649 words)
- [List Investors](/content/docs/crm/reference/publicinvestorscontrollergetinvestors/index.html): Returns investors based on search criteria, with filtering, sorting, and pagination. (119 words)
- [Reorder Custom Field](/content/docs/crm/reference/publiccontactscontrollerreordercustomfield/index.html): Changes the position of a field in the contact field list. Provide either direction ("up"/"down") to move one step, or an explicit zero-based position . (121 words)
- [Update Contact](/content/docs/crm/reference/publiccontactscontrollerupdatecontact/index.html): Partially updates a contact by its unique identifier. Only provided fields are modified. Note: jobs , location , and homeLocation are fully replaced when provided. socialLinks is partially updated — only the provided sub-fields are overwritten. (222 words)
- [List Investor Fields](/content/docs/crm/reference/publicinvestorscontrollergetallinvestorfields/index.html): Returns all available investor fields, both standard built-in fields and custom user-defined fields. Use the returned fieldId values in filter and aggregation endpoints. (66 words)
- [Update Contact List](/content/docs/crm/reference/publiccontactlistscontrollerupdatelist/index.html): Renames a list and/or moves it into a folder. Pass folderId: null to move the list to the root. Omit a field to leave it unchanged. (135 words)
- [Update Contact Folder](/content/docs/crm/reference/publiccontactlistscontrollerupdatefolder/index.html): Renames a folder and/or nests it inside another folder. Pass parentFolderId: null to move the folder to the root. Omit a field to leave it unchanged. (153 words)
- [Add Custom Field](/content/docs/crm/reference/publicfundraisingcontrolleraddcustomfield/index.html): Adds a new custom field to the fundraising schema. (388 words)
- [Delete Contact List](/content/docs/crm/reference/publiccontactlistscontrollerdeletelist/index.html): Permanently removes a contact list . Contacts in the list are deleted. The default "All Contacts" list cannot be deleted. (79 words)
- [Delete Investor](/content/docs/crm/reference/publicinvestorscontrollerdeleteinvestor/index.html): Deletes an existing investors from the system. (82 words)
- [Create Contact Folder](/content/docs/crm/reference/publiccontactlistscontrollercreatefolder/index.html): Creates a new folder for organizing contact lists. Pass parentFolderId to nest the new folder inside an existing folder. (103 words)
- [Delete Custom Field](/content/docs/crm/reference/publicinvestorscontrollerdeletecustomfield/index.html): Deletes an existing custom field from the investor schema. (68 words)
- [Get folders and lists structure](/content/docs/crm/reference/publiccontactlistscontrollergetlists/index.html): Returns the full folder and list hierarchy. Each item has a type field: if type is FOLDER , the item contains folderId , folderName and inside (an array of nested items). If type is LIST , the item contains listId and listName . (74 words)
- [List Custom Fields](/content/docs/crm/reference/publicinvestorscontrollergetcustomfields/index.html): Custom fields allow users to store additional information (68 words)
- [Purpose-Built Data Extraction for Private Capital Call Schedules](/content/uk/en/blog/data-extraction-capital-call-schedules/index.html): Find out how to solve your capital call challenges with AI in this comprehensive guide to financial data extraction tools. (2,708 words)
- [List Contact Fields](/content/docs/crm/reference/publiccontactscontrollergetallcontactfields/index.html): Returns all available contact fields, both standard built-in fields and custom user-defined fields. Use the returned fieldId values in filter and aggregation endpoints. (66 words)
- [Add Contact to List](/content/docs/crm/reference/publiccontactscontrolleraddcontacttolist/index.html): Adds an existing contact to the specified list. The contact also remains in any other lists it already belongs to. Use POST /v1/contacts (with listId ) to create a brand-new contact. (77 words)
- [Create Contact](/content/docs/crm/reference/publiccontactscontrollercreatecontact/index.html): Creates a new contact in the specified list. If contact information such as emails or social URLs (e.g. LinkedIn) are provided, an automatic enrichment check will be triggered to populate additional contact details from external data sources. (171 words)
- [Delete Contact Folder](/content/docs/crm/reference/publiccontactlistscontrollerdeletefolder/index.html): Deletes a folder . Lists and sub-folders inside it are moved to the root; their contacts are not deleted. (89 words)
- [Reorder Custom Field](/content/docs/crm/reference/publiccompanymetadatacontrollerreordercustomfield/index.html): Changes the position of a field in the company field list. Provide either direction ("up"/"down") to move one step, or an explicit zero-based position . (138 words)
- [Create Contact List](/content/docs/crm/reference/publiccontactlistscontrollercreatelist/index.html): Creates a new contact list at the root of the authenticated organization. (91 words)
- [Remove Contact from List](/content/docs/crm/reference/publiccontactscontrollerremovecontactfromlist/index.html): Removes a contact from the specified list only. The contact remains in other lists it belongs to. To permanently delete a contact from all lists, use DELETE /v1/contacts/:id instead. (84 words)
- [Portfolio Management - KPI Manager | support.carta.com](/content/support/kb/guide/en/portfolio-management-kpi-manager-tukux40xby/steps/4213428/index.html): KPI ManagerKPIs are operating metrics typically tracked to monitor a portfolio company's performance. These could be items such as Revenue, Cash Balances, Customers etc. How to add a KPI to an investment?Go KPI Manager from the sidebarSelect the portfolio company, you’d like to track KPIs for and click on Add KPI. Select from a list of pre-defined KPIs or create your own KPI metric using the New Metric optionFor each KPI, you can specify:whether the KPI is quantitative or qualitativethe tracking frequency (how often you expect to track this KPI)tracking period (range over which you expect to track the KPI)KPI data format (currency, percentage etc.)Description (a quick description of this KPI)Company Comments (qualitative comments or MD&A)whether you would like the company to upload documents related to this KPIAdding KPI DataYou can add KPI data yourself, or if you are on an Enterprise Plan, you can also request portfolio companies to enter their KPI data themselves. To add a KPI data yourself:Go to KPI Manager > Manage KPIs > Select Company > Add KPIEnter data directly in the gridClick SaveRequest KPIs from portfolio companiesThe ability to request KPIs from portfolio companies is available on our Enterprise Plans only. Contact us at fund-forecasting@carta.com to get access to this feature.Fund Forecasting lets you create web forms that can be sent to portfolio companies requesting them to directly update their KPI data. These one-time web forms are unique to each portfolio company and can be password protected. The portfolio company does not need a Fund Forecasting account or a Fund Forecasting login.Assigning a company contactGo to KPI Manager > KPI Requests > ContactsEnter an email address for the company. You can also use the Import function to import contacts from an Excel spreadsheet. Create a KPI Request FormCreate a KPI Request FormGo to KPI Manager > KPI RequestsClick on Create KPI Request(s) buttonSelect a Reporting Periods for the KPI request. All periods after this reporting period will be treated as "projected", and all periods prior to the reporting period will be treated as "historicals".Click on “All Companies” if you’d like to create request forms for all portfolio companies where you are tracking KPIsClick on a single company if you’d like to create a request form for just that one company for now.Note: Only companies where you are tracking KPIs are eligible for these forms.In the next dialog,Specify which KPI metrics would you like to be visible in these KPI requests. By default all KPI metrics are visible. (this option is only available if you clicking on All Companies).Specify whether you’d like to use a passcode to protect the web form data. If no password is specified, anyone with access to the web form URL link will be able to see the KPI data within that web form. Click on Create Request when done.A new request form will be generated. The status of this form is currently Pending UpdateAutomatically sending the KPI request formIf a contact has been assigned to the portfolio company, you can have Fund Forecasting automatically send an email to the company notifying them to update their data using the Request Form.Click Send for an automated email to be send to the company. To send request forms to multiple companies, click the check boxes next to the appropriate request form and click on Send Selected.Manually sending the KPI request form To manually send this form to the portfolio company, copy the web form link using the Copy option and send it your contact at the portfolio company.What the portfolio company sees when they click the link:When the portfolio company opens the KPI request, they will see a single editable view of all their current KPI data and commentary.They can then enter new data and commentary to update these metricsOnce completed, they will click on Submit at the bottom of the page to finish the updateOnce a request has been submittedOnce a portfolio company completes a KPI request, you will receive an automated email notification specifying your KPI request is now completed and ask you to log in to Fund Forecasting to approve the requestOnce logged in, you will see the request status has now changed from Pending Status to Pending ReviewTo review the KPI update, open the request by clicking on the company name. A review panel will open up showing the original KPI data and updated KPI data for comparison.If you’re happy with the changes, click on Save to accept all the new KPI updates. The new KPI data will now automatically be saved and available for reporting. If you’d like to disregard this request, click on Reject to reject the requestNote: If you would like to skip the approval process for all KPI requests, go to your Settings (from your sidebar) and turn on the Auto-Approve KPI Requests option. (820 words)
- [Upload Contact Photo](/content/docs/crm/reference/publiccontactscontrolleruploadcontactphoto/index.html): Uploads a photo for a contact. Send the file as multipart/form-data with the field name file . Replaces any existing photo. (68 words)
- [List Company Interactions](/content/docs/crm/reference/publiccompanycontrollergetcompanyinteractions/index.html): Return past email and calendar event interactions between your organization and contacts at the company (sorted by date descending), plus the next upcoming calendar event (capped at 1, independent of limit ). Domain(s) are resolved from the company record and expanded to any aliases linked in this o… (127 words)
- [Delete Contact](/content/docs/crm/reference/publiccontactscontrollerdeletecontact/index.html): Permanently removes a contact by its unique identifier. (79 words)
- [List Company Fields](/content/docs/crm/reference/publiccompanycontrollergetallcompanyfields/index.html): Returns all available company fields, both **standard** built-in fields and **custom** user-defined fields. Use the returned `fieldId` values in filter and aggregation endpoints. (52 words)
- [Advanced - Capital Call Line of Credit | support.carta.com](/content/support/kb/guide/en/advanced-capital-call-line-of-credit-qgadaqu8yg/steps/4213423/index.html): Capital Call Line of CreditFund Forecasting enables you to model a capital call line of credit and evaluate the impact of the line on cash flows and expected interest expenses.This feature is currently in Beta. A capital call line of credit is a short-term loan from a third party that you can use to invest in a company without waiting for the LP Capital Call to be executed. This enhances the manager's flexibility to execute deals and shortens the J-curve, enhancing the fund's IRR, particularly early in a fund's life, and therefore its competitiveness on a quartile basis. From an LP perspective, the use of these lines helps smooth cash flows and eases the administrative burden of responding to capital calls.Setting up the Line of CreditTo set up a capital call line of credit for your fund:Go to Construction Wizard > General > Committed CapitalOpen the Optional: Line of Credit sectionDefine the line of credit by setting up the following variables:Size of Credit Facility Commitment: This is the total limit of credit available on the lineInterest Rate: Annual rate of interest charged on borrowingsUnused Fee: Any unused fee charged on unused capacity on the line. This is a monthly interest rateImpact on Fund PerformanceThe Line of Credit module is presented for you to:Evaluate the appropriate size and terms of the facility for your fundPlan capital calls, draws and repayments based on expected deploymentIf you have not budgeted an expense for the Line of Credit expenses, the line will not have any impact on your fund's performance metrics (such as multiples, exit proceeds or Gross and Net LP IRRs). Overall metrics such as Investable Capital, Number of Investments, Gross MOIC and TVPI will not be impacted at all. The only change to your model will be a "smoother" cash flow profile where instead of waiting for a capital call, the model will borrow capital from the line in order to fund the projected investments and expenses. We recommend you create a budget in your model's Fees and Expense- section to reduce your investable capital by the Line of Credit expenses using the process detailed here. Creating a budget will explicitly reduce the *Investable Capital- by the associated interest expense load.Creating a Budget for Line of Credit ExpensesLine of credits will have associated interest or unused fee costs. If you want your fund's investable capital to be impacted by the line of credit costs, these costs will need to be budgeted in your fund model from the Fees and Expenses section.Go to Fees and Expense > ExpensesFund Forecasting will show an estimated budget based on your line of credit setup. Click on Add to Budget to create a budgeted line item for line of credit expenses.Evaluating the Line of CreditOnce you have set up a line of credit, the Fund Forecasting dashboards and Model Views will show the impact of borrowings and repayments.DashboardOn your dashboard, go to *Fund > Credit Facility Analysis- to view metrics on balances, interest expenses, and credit efficiency.Updating Line of Credit in Model ViewThe model view will enable you to update the line of credit for any actuals.Go to Model ViewSelect the Period view and scroll down to the Line of Credit sectionUpdating for ActualsJust like other line items in the Model View, the line items related to the Line of Credit can also be updated for historical actuals with the process described here.Similar to other updates in the Model View, any updates to the Line of Credit line items will not impact your Investable Capital or forecasted investments.Variable Commitments Over TimeFor funds that have a variable commitment size over time (for e.g., a $100mm facility for first 3 years, scaling down to a $50mm facility for future years), you can edit the Commitment line item in the Model View to reflect a custom commitment schedule.How the Line of Credit WorksThe line of credit works as follows:Each period if there is unused capacity available on the line, the model will draw the amount needed to fund the investments, fees, and expenses from the facility.Unused Capacity is defined as Total Commitment - Beginning Balance on Line of Credit.If there is no availability on the line, the model will call capital in order to free up availability.Interest Expense is calculated as Annual Interest Rate / 12 x Beginning Balance on Line of Credit.Unused Fee is calculated as Unused Rate x (Total Credit Commitment - Ending Line of Credit Balance) (747 words)
- [Aggregate Companies](/content/docs/crm/reference/publiccompanycontrolleraggregatecompanies/index.html): Groups companies by one or more fields and returns counts per group. Supports filtering before aggregation.
Use the List Company Fields endpoint to discover valid field IDs for group_by and filters . (136 words)
- [Search Companies with Structured Filters](/content/docs/crm/reference/publiccompanycontrollersearchcompanies/index.html): Returns companies matching the structured filters in the request body. Use this endpoint when you need to filter by custom field values, ranges, or other field-level criteria that cannot be expressed in the simple GET /v1/companies query.
Use the List Company Fields endpoint to discover valid field_… (169 words)
- [Delete Custom Field](/content/docs/crm/reference/publiccontactscontrollerdeletecustomfield/index.html): Deletes an existing custom field from the contact schema. (68 words)
- [Advanced - Custom Formulas | support.carta.com](/content/support/kb/guide/en/advanced-custom-formulas-t78blq3kbw/steps/4213444/index.html): Custom FormulasCalculate custom metrics from KPI values or default Fund Forecasting reporting fields.What is a Custom Formula?Custom Formulas are a powerful way to create custom calculations for each portfolio company using variables from:KPI metrics (such as Revenue, Cash Balance)Default Fund Forecasting Reporting Fields (such as Current MOIC, Invested to Date, Current Post-Money Valuation)These variables can be combined into a custom formula (or "equation") to generate a new calculated variable. Some potential use cases are calculating:Burn rates from collected cash balancesCalculating revenue growth rates over the past X months or yearsCalculating revenue multiples such as Current Post-Money Valuation / Latest RevenueCreating FormulaStep 1: Create VariablesGo to Formulas from the sidebarSelect a Variable Type (this could be either a KPI or a Fund Forecasting Reporting Field)Specify a Timeframe:If the variable is a KPI, you can set a timeframe for this KPI value:Reporting Type: Whether to use Actual or Projected KPI valueAs Of: The relative period in months from today for the KPI value. For e.g., if you want to use the Revenue from 12 months ago, this should be entered as 12Timeframe: Whether the relative period is in the past or the futureIf the variable is a Fund Forecasting Reporting Field, by default, the timeframe value will be as of todayVariable Name: The name of the variable to be used in the formulaClick Add VariableRepeat the process for any other variables you intend to use in the formulaStep 2: Create FormulaNext, we need to create a formula using the available variables. Let's say we want to calculate the Revenue Growth Rate using the following formula: Revenue Growth = Revenue Today / Revenue 12 Months Ago - 1 We've defined 2 different variables:Revenue TodayRevenue 12 Months AgoIn the Formula Editor, we can then define the formula using curly braces for variables as follows:We’ve also specified the result format to be a percentage for the calculated growth rateClick Calculate to have Fund Forecasting calculate the formula resultsStep 3: Calculation ResultsIf the formula and variables are valid, Fund Forecasting will produce a downloadable table of the formula calculation for each portfolio company.Saving FormulasTo save this formula for easy reference in the future, click on Save Formula on the top right. You can either save the formula as a new formula with a custom name (such as "Revenue Growth").Loading FormulasTo load a saved formula from a prior session, click on Saved Formulas and Load Formula for the selected formula.Important: How Time Frames Work for Loaded Formulas? If your formulas use KPIs, these variables are relative in period. For example, if you have defined a variable called Revenue 12 Months Ago that references the revenue from 12 months in the past, every time you run this formula, the value for this variable will reference the revenue figure from 12 months in the past.  Why are KPI variables relative? The reason that KPI variables are relative instead of tying to a specific point in time is so that you don't have to constantly change your formula variables to update them. For example, if you created a Revenue Growth Rate formula (such as the example above), every time you run this formula, it will always show the latest growth rate as of that point in time. (438 words)
- [Get Contact Custom Fields](/content/docs/crm/reference/publiccontactscontrollergetcustomfields/index.html): Returns the schema of all custom fields configured for the Contact entity. Custom fields allow organizations to extend the default contact data model with additional attributes. (74 words)
- [Get Contact by ID](/content/docs/crm/reference/publiccontactscontrollergetcontactbyid/index.html): Returns a single contact by its unique identifier. (78 words)
- [List Company Relations](/content/docs/crm/reference/publiccompanycontrollergetcompanyrelations/index.html): Return aggregated relationships (one row per unique participant) with contacts at the company. (98 words)
- [Create Company List](/content/docs/crm/reference/publiccompanymetadatacontrollercreatecompanylist/index.html): Creates a new company list for the authenticated organization. (74 words)
- [Enrich Company](/content/docs/crm/reference/publiccompanycontrollerenrichcompany/index.html): Queues asynchronous enrichment for an existing company . The system fetches company data (firmographics, employees, location) from the company's website and backfills configured fields. Returns 202 Accepted with no body; poll GET /v1/companies/:id to retrieve enriched data once processing completes. (83 words)
- [Update Company List](/content/docs/crm/reference/publiccompanymetadatacontrollerupdatecompanylist/index.html): Updates an existing company list . Only the fields provided in the request body will be modified. (99 words)
- [Aggregate Fundraisings](/content/docs/crm/reference/publicfundraisingcontrolleraggregatefundraisings/index.html): Groups fundraisings by a field and returns counts per group. Supports filtering before aggregation.
Use the List Fundraising Fields endpoint to discover valid field IDs for group_by and filters . (146 words)
- [Update Custom Field](/content/docs/crm/reference/publicfundraisingcontrollerupdatecustomfield/index.html): Partially updates an existing custom field in the fundraising schema. Only the fields provided in the request body will be modified. (359 words)
- [Delete Company List](/content/docs/crm/reference/publiccompanymetadatacontrollerdeletecompanylist/index.html): Permanently removes a company list . Companies in the list are not deleted, but their association with this list is removed. (85 words)
- [Create Fundraising](/content/docs/crm/reference/publicfundraisingcontrollercreatefundraising/index.html): Creates a new fundraising record in the specified stage. The fundraising will be associated with the authenticated organization.
Auto-Enrichment: To enable automatic company data enrichment, provide a valid company website URL in the fields.website field. When a valid URL is supplied, the system wil… (236 words)
- [Portfolio Construction - Fees & Expenses | support.carta.com](/content/support/kb/guide/en/portfolio-construction-fees-expenses-z16waloasb/steps/4213417/index.html): Fees & ExpensesDefine the management fees and expected fund expenses.Management FeesBy default, Fund Forecasting will start off with a management fee of 2.0% on committed capital for 10 years. You can edit the following:Value: Fee Percentage (%)Fee Basis Methods: We support multiple fee-basis methods (see below)Start Month: The starting month for a fee tierEnd Month: The ending month for a fee tier Supported Fee Basis MethodsFee BasisDescriptionCommitted CapitalIn each period, fee is charged based on the total committed capital to date by LPs onlyCalled Capital Each PeriodFee is charged based on the called capital in that period.Gross Cumulative Called CapitalFee is charged on cumulative called capital to date.Net Cumulative Called CapitalFee is charged each period based on the total called capital to date from LPs *less- capital returned to LPs to dateCumulative Invested CapitalFee is charged based on cumulative invested capital (initial and follow-on investments) to dateFair Market ValueFee is charged based on the fair market value of active investments each periodUnrealized InvestmentsFee is charged based on the total cost basis of unrealized active investmentsExamplesCommitted Capital In each period, fee is charged based on the total committed capital to date by LPs only2.0% Fee Total Committed Capital in Period 1: $50mm Total Committed Capital in Period 2: $100mm Fee in Period 1: $50mm x 2.0% Fee in Period 2: $100mm x 2.0%Called Capital Fee is charged based on the called capital in that period.2.0% Fee Called Capital in Period 1: $1mm Called Capital in Period 2: $0mm Called Capital in Period 3: $2mm Fee in Period 1: $1mm x 2.0% Fee in Period 2: $0mm x 2.0% Fee in Period 3: $2mm x 2.0%Net Cumulative Called Capital Fee is charged each period based on the total called capital to date from LP’s less capital returned to LP’s to date2.0% Fee Cume Called Capital in Period 1: $10mm Cume Capital Returned to LP’s in Period 1: $0mm Cume Capital in Period 2: $20mm Cume Capital Returned to LP’s in Period 2: $2mm Fee in Period 1: ($10mm - $0mm) x 2.0% Fee in Period 2: ($20mm - $2mm) x 2.0%Cumulative Invested Capital Fee is charged based on cumulative invested capital (initial and follow-on investments) to date2.0% Fee Cume Invested Capital in Period 1: $10mm Cume Invested Capital in Period 2: $20mm Fee in Period 1: $10mm x 2.0% Fee in Period 2: $20mm x 2.0%Fair Market Value Fee is charged based on the fair market value of active investments each period2.0% Fee Unrealized FMV in Period 1: $10mm Unrealized FMV in Period 2: $20mm Fee in Period 1: $10mm x 2.0% Fee in Period 2: $20mm x 2.0%Unrealized Investments Fee is charged based on the total cost basis of unrealized active investments2.0% Fee Cost basis of unrealized Investments in Period 1: $10mm Cost basis of unrealized Investments in Period 2: $20mm Fee in Period 1: $10mm x 2.0% Fee in Period 2: $20mm x 2.0%How to model step-downs in fees? Let’s say your fund’s fee structure is:2.0% for first 5 years1.5% thereafterTo model this structure, you will create 2 different fee tiers as follows. To add a fee tier, click on Add Fee Tier at the bottom of the Management Fees section.How to model different fees for different LP’s? You can create multiple fee profiles for each LP and in a later Limited Partners section, point LP’s to their specific fee. To create multiple fee profiles,Click on “+” icon next to Default Fee Profile to create a new fee definitionEnter a name for this fee profile for e.g. Class B LP Fees and click on Add Fee Tier. This will create a new fee profile from scratch.Later in the wizard, in the Limited Partners section, you can point your Class B LP’s to this fee profile.How to model management fee recycling? Management fee recycling means the fund can recycle exit proceeds up to the level of management fees earned to date. To turn this on, fore each fee tier, open the Optional: Management Fee Recycling section and enter the % of fees that can be recycled from that tier.Fund Expenses Similar to management fees, fund expenses can be defined on a line-item basis.Click on Add ExpenseEnter the Expense CategoryEnter the expected Monthly AmountEnter the Start Month and End Month i.e. the term of the expected expense (740 words)
- [Delete Custom Field](/content/docs/crm/reference/publiccompanymetadatacontrollerdeletecustomfield/index.html): Deletes an existing custom field from the company schema. (68 words)
- [Update Fundraising](/content/docs/crm/reference/publicfundraisingcontrollerupdatefundraising/index.html): Partially updates an existing fundraising record. Only the fields provided in the request body will be modified; all other fields remain unchanged.

Updates do not trigger auto-enrichment. To enrich the fundraising after updating, call `POST /v1/fundraisings/:id/enrich`.

**Origin contact link:** When `originContactId` is included in the patch, the referenced contact must exist in the caller's organization (404 otherwise). The fundraising's `name` and `image` are re-synced to the contact's `name` and `photo_url` — a `name` field sent in the same patch is ignored. When the contact has no `photo_url`, the existing fundraising image is preserved. (207 words)
- [List Custom Fields](/content/docs/crm/reference/publiccompanymetadatacontrollergetcustomfields/index.html): Custom fields allow users to store additional information on companies. (58 words)
- [List Company Lists](/content/docs/crm/reference/publiccompanymetadatacontrollergetcompanylists/index.html): Returns all available company lists for the authenticated organization. (72 words)
- [Update Custom Field](/content/docs/crm/reference/publicdealmetadatacontrollerupdatecustomfield/index.html): Partially updates an existing custom field in the deal schema. Only the fields provided in the request body will be modified. (401 words)
- [Reorder Custom Field](/content/docs/crm/reference/publicfundraisingcontrollerreordercustomfield/index.html): Changes the position of a field in the fundraising field list. Provide either direction ("up"/"down") to move one step, or an explicit zero-based position . (122 words)
- [Extracting Portfolio Company Data from PE Fund Manager Reports](/content/uk/en/blog/data-extraction-fund-manager-reports/index.html): Learn how to extract granular private equity information and PortCo data from fund reports for enhanced portfolio monitoring. (1,464 words)
- [Update Company](/content/docs/crm/reference/publiccompanycontrollerupdatecompany/index.html): Partially updates an existing company. Only the fields provided in the request body will be modified; all other fields remain unchanged.
Updates do not trigger auto-enrichment. To enrich the company after updating, call POST /v1/companies/:id/enrich . (154 words)
- [2025 Policy Outlook: Implications for the private capital ecosystem](/content/policy/policy-outlook-private-capital-ecosystem-2025/index.html): Here’s what to expect from Congress and the new administration in 2025 and how the policy agenda will impact the innovation ecosystem—private equity, venture capital, and the startups and small businesses they support. 
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- [List Fundraising Interactions](/content/docs/crm/reference/publicfundraisingcontrollergetfundraisinginteractions.html): Return past email and calendar event interactions for a fundraising opportunity (sorted by date descending), plus the next upcoming calendar event (capped at 1, independent of limit ). Domain(s) resolve from the opportunity's company; contact-origin opportunities fall back to the origin contact's em… (121 words)
- [Add Custom Field](/content/docs/crm/reference/publicdealmetadatacontrolleraddcustomfield/index.html): Adds a new custom field to the deal schema. (424 words)
- [List Fundraisings](/content/docs/crm/reference/publicfundraisingcontrollergetfundraising/index.html): Returns fundraisings based on search criteria, with filtering, sorting, and pagination. (138 words)
- [Remove Company from List](/content/docs/crm/reference/publiccompanycontrollerremovecompanyfromlist/index.html): Removes a company from the specified list . (67 words)
- [Delete Company](/content/docs/crm/reference/publiccompanycontrollerdeletecompany/index.html): Permanently removes a company from the system. (69 words)
- [Portfolio Construction - General | support.carta.com](/content/support/kb/guide/en/portfolio-construction-general-toshkbgqun/steps/4213421/index.html): GeneralBasic information on your fund. General Section OverviewFund Name, Currency and LifeFund Name: Name of your fundFund Currency: Currency of your fund. All future investments will automatically be assumed in the same currency too.Start Date: Typically when your fund is launchedEnd Date: If you are modeling an evergreen fund, leave this option turned off and the platform will automatically create an evergreen fund.How often you expect to call capital? The options are Upfront, Quarterly, Semi-Annually, and AnnuallyCommitted CapitalTotal Committed Capital: Total capital from LP's and GP'sGP Commitment %: Percentage of total committed capital coming from GP's (typically 1-2.5%)You may also define timing of commitment closes. The default assumes all capital is committed from Month 1. You can use this section to set multiple closes over time. The closes are defined as % of LP Commitment.Cashless GP Commits and Management Fee WaiversThere may be situations where a portion or all of your fund's GP commits are cashless. This is common in Management Fee waiver structures where the GPs charge a lower management fee to certain LP's in lieu of a cashless commit. To enter a cashless GP Commit, simply enter the % of GP Commitment that is cashless in the Cashless GP Contribution (%). For example, if the GP is receiving a 2% ownership in the fund but is only contributing 60% of the 2% commitment in cash, you would enter 40% in this field.Line of CreditIf your fund will be using a line of credit, you can set up the terms of the credit facility for Fund Forecasting to automatically project draws and repayments on the line and associated interest expenses. Learn more here.Line of Credit is currently a Beta feature and subject to change prior to a wide release.Fund LogoIn the Fund Logo section you can upload your fund's logo in PNG or JPEG. The logo will be prominently shown on the fund's dashboard.Vehicle Structure (Advanced)The Vehicle Structure field enables you to select a traditional fund or an SPV structure.Traditional Fund (recommended): The construction wizard will present sections that enable you to model a full projection with future investments. The model will also automatically project future investments, associated cash flows, and generally operate the vehicle as if it will be building a future portfolio of investments.SPV (no construction): The model will not automatically forecast future investments; instead, you will need to manually add investments to build a portfolio of deals. (406 words)
- [List Fundraising Relations](/content/docs/crm/reference/publicfundraisingcontrollergetfundraisingrelations/index.html): Return aggregated relationships (one row per unique participant) for a fundraising opportunity. (98 words)
- [API and Integrations - Performance Summary | support.carta.com](/content/support/kb/guide/en/api-and-integrations-performance-summary-kmzkyhqi44/steps/4213437/index.html): Performance SummaryGet a fund performance report programmatically. Method and URLURLhttps://tactycapi.com/api/fund/{{FUND_ID}}/{{PERIOD}}MethodGETParamsFund ID: Your Fund ID that you wish to pull metrics from Period: The ending month of the report. For e.g. to a performance report spanning the first 12 months of the fund, enter 12 for this fieldSample RequestThe following is a sample request to query the first 12 months performance// Sample request
curl https://tactycapi.com/api/fund/{{FUND_ID}}/12
 -X GET
 -H 'Authorization:{{API KEY}}'Sample ResponseThe response will provide the following fields:Status Code: 200 for a succesful responseBody: Various performance metrics in this report such as. For each metric, the report will provide 3 separate fields:period: The value of this metric since the start of the fund's life and up to the specified period (for e.g. over the first 12 months)construction: The projected value at the end of the fund's life in the construction forecastcurrent: The projected value at the end of the fund's life in the construction forecastMetrics provided are:numInvestments: Total number of initial investmentsinvestmentsByRoundName: Total number of initial investments by entry roundendingFundValue: Fund valuation or NAVunrealizedFundValue: Unrealized FMV of active investmentsrealizedFundValue: Realized exit proceeds to dategrossMultiple: Gross MOIC for the fundrvpi: RVPI for the fundtvpi: TVPI for the funddpi: DPI for the fundnetIrr: Net LP IRRgrossIrr: Gross fund IRRinitial: Total initial investments in fund currencyfollowOn: Total follow-on investments in fund currencyfollowOnRemaining: Planned reserves in fund currency{
    "status": 200,
    "body": {
        "numInvestments": {
            "period": 7.999999999999999,
            "construction": 62.38721165703767,
            "current": 59.346179605814086
        },
        "investmentsByRoundName": [
            {
                "roundName": "Pre-Seed",
                "values": {
                    "period": 0,
                    "construction": 38.095696366358005,
                    "current": 25.24734576744484
                }
            },
            {
                "roundName": "Seed",
                "values": {
                    "period": 6,
                    "construction": 14.16141892152578,
                    "current": 22.3852659006684
                }
            },
            {
                "roundName": "Series A",
                "values": {
                    "period": 2,
                    "construction": 10.130096369153915,
                    "current": 11.713567937700816
                }
            }
        ],
        "endingFundValue": {
            "period": 16462973.22167488,
            "construction": 552380479.3461251,
            "current": 646581975.2150315
        },
        "unrealizedFundValue": {
            "period": 16462973.22167488,
            "construction": 0,
            "current": 0
        },
        "realizedFundValue": {
            "period": 0,
            "construction": 552380479.3461251,
            "current": 646581975.2150315
        },
        "grossMultiple": {
            "period": 1.2871190907334396,
            "construction": 4.957141550024112,
            "current": 5.802519268293509
        },
        "rvpi": {
            "period": 1.1185559687112105,
            "construction": 0,
            "current": 0
        },
        "dpi": {
            "period": 0,
            "construction": 3.1369023967306235,
            "current": 3.6079098760751567
        },
        "tvpi": {
            "period": 1.1185559687112105,
            "construction": 3.1369023967306235,
            "current": 3.6079098760751567
        },
        "netIrr": {
            "period": 0.22488683971248524,
            "construction": 0.1817330500227663,
            "current": 0.3111731415112886
        },
        "grossIrr": {
            "period": 1.3583146070741572,
            "construction": 0.2581685489777643,
            "current": 0.4624163350406383
        },
        "initial": {
            "period": 12290559.42857143,
            "construction": 59035833.84722474,
            "current": 64339287.00821392
        },
        "followOn": {
            "period": 500000.00000000006,
            "construction": 52395416.15277522,
            "current": 47091962.991785966
        },
        "followOnRemaining": {
            "period": 46591962.991785966,
            "construction": 52395416.15277522,
            "current": 47091962.991785966
        }
    }
} (420 words)
- [Portfolio Management - Adding Investments | support.carta.com](/content/support/kb/guide/en/portfolio-management-adding-investments-b1t9fdaxpr/steps/4213448/index.html): Adding InvestmentsAdding Investments and Performance CasesAdding an investmentClick on the Add Investment button from your Investments Page.The dropdown button will present a list of your sector profiles and ask you to select the entry round at which the fund is entering this investment. For example if you are adding a Series A investment in the FinTech profile you would go to FinTech Profile > Series A. Once clicked, you’ll see an Investment Editor open up.Enter data on this investment's name, sector, geography etc. The only required field is Investment Name.Under the Performance Case section you can now define the terms of the rounds the company has had, as well as future rounds you expect the company to have.Click on Edit for the first round and set the investment date and investment terms.Editing Round TermsClick on Edit for the round to open the Event EditorThe Event Editor enables you to set the parameters of the round.Planned InvestmentsSimply set the investment date of the first round to the future and Fund Forecasting will automatically capture this investment as a planned dealConstraintsEach investment must at least have one Investment Round and one Exit Round (which could be in the future)Note the investment date cannot be prior to the fund’s start date (if you find yourself unable to “go back in the past”, this is the reason). Please change your fund start date in that case to match your earliest investment. For warehoused deals, they need to be entered as of the fund’s start date and they can then be “tagged” as Warehouse deals to identify them for reporting purposes.Bulk UploadYou can also bulk import multiple investments at one with an Excel option.Click on Bulk Imports & Updates > Import New Rounds from your main investments pageDownload the Excel template and follow the instructionsDeveloping Forecasts for Uploaded InvestmentsIf you’ve bulk uploaded your current investment rounds, there’s two other recommended steps. These steps will let Fund Forecasting develop forecasts and expected exit returns from your current investments from your pre-defined Sector ProfilesBuild Future Rounds for Each DealAfter the import is finished open each investment and use the Future option under the Performance Case section to have Fund Forecasting forecast future rounds.On the next dialog you can select the Sector Profile and staring roundOnce future rounds are built, update the exit valuation to reflect your thesis for the companyBuild Future Rounds in BulkTo make building future rounds from Sector Profiles, you can use the Build Future Rounds from under the Bulk Imports & Updates selection This will open a view where you can build future rounds quickly for each company. (461 words)
- [Portfolio Management - SAFEs and Notes | support.carta.com](/content/support/kb/guide/en/portfolio-management-safes-and-notes-8ek0gswyb1/steps/4213398/index.html): SAFEs and NotesBest practices on working with SAFEs and Notes.Entering a SAFE or Convertible RoundDefine the Security Type as SAFE or Note when defining the round.Enter the amount invested under the Investment Amount field. Total capital raised by the company in the SAFE/Note is entered as the Round Size. Specify the Valuation Cap (see here for uncapped notes)That's it. The round now reflects a SAFE or convertible note.If the note has not converted yet.How to determine ownership post-conversion after a priced round? Your conversion depends on the valuation of the priced round and whether other competing notes or SAFEs exist. We recommend using the Cap Table Calculator to determine the projected conversion after a priced round.Use the New Round option to add a new priced round in the future. Specify the terms of this new priced round (i.e. investment amount, round sizes and valuations)Use the provided Cap Table Calculator to configure a cap table simulation where you can configure existing SAFEs and Notes along with parameters of the future priced round. The results of the conversion will be shown in the Pro-Forma Cap Table. You can apply the results of this simulation by clicking on the + Ownership Update button next to your fund's ownership.This will create an Ownership Update event after the round selected. This ownership update represented the conversion of the SAFE/Note and the ownership in the company post-conversion.If the note has already converted.If the note has converted, we need to tell Fund Forecasting what the fund's ownership is in the company post-conversion. There are two ways of doing this.Method 1: Apply an Ownership UpdateApply an ownership update after the priced round and enter the fund's ownership in the company post-conversion in the Ownership UpdateMethod 2: Edit Shares in the Priced RoundIf you have the cap table details post-conversion, you can also define a conversion by directly entering the number of shares to the fund post-conversion in the priced round.Edit the priced round and enable Enter Share Data Enter the following:Share Price: The price of the roundNew Shares Purchased: New shares purchased by the fund in this roundTotal Shares Owned: Total shares owned by the fund after this roundNew Shares Issued: Total new shares issued by the company in this round to all investorsFully Diluted Shares Outstanding: Total shares outstanding after this roundFund Forecasting will now automatically calculate your correct ownership to reflect the SAFE / Note conversionUncapped SAFEs or NotesFund Forecasting requires a valuation at each round, so the system can calculate the latest FMV based on the last valuation. If a SAFE or Note were uncapped we recommend one of these 2 approaches:Enter a valuation cap you expect to convert at. This is typically the valuation of the next round. You may want to enter a note for this round to say "This is an uncapped SAFE. We currently expect to convert at [$x]mm". This is for reporting purposes.Enter a valuation cap of prior round's valuation cap + new round size. This would hold the investment's FMV constantValuation PolicySome funds (most) hold their portfolio companies at the latest valuation caps, while others wait for a priced round to assign a valuation to the company. By default Fund Forecasting will move up or down the valuation of the company based on the last cap of the SAFE or Convertible Note. To override this default behavior, you can simply add a Valuation Update after the SAFE round to hold the company's value at your desired valuation. For example in the below, a Valuation Update is applied to hold the company's value at $35mm instead of being increased to the cap of the SAFE in the Series A round. (570 words)
- [Add Company to List](/content/docs/crm/reference/publiccompanycontrolleraddcompanytolist/index.html): Adds a company to the specified list . (90 words)
- [Policy weekly: HFSC considers removing barriers to capital access | Carta](/content/policy/policy-weekly-02-09-23/index.html): The SEC releases the Kraken on crypto staking. (2,065 words)
- [Create Company](/content/docs/crm/reference/publiccompanycontrollercreatecompany/index.html): Creates a new company in the system. The company will be associated with the authenticated organization.
Auto-Enrichment: To enable automatic company data enrichment, provide a valid company website URL in the website field. When a valid URL is supplied, the system will automatically populate additi… (157 words)
- [Search Fundraisings with Structured Filters](/content/docs/crm/reference/publicfundraisingcontrollersearchfundraisings/index.html): Returns fundraisings matching the structured filters in the request body. Use this endpoint when you need to filter by custom field values, ranges, or other field-level criteria that cannot be expressed in the simple GET /v1/fundraisings query.
Use the List Fundraising Fields endpoint to discover va… (140 words)
- [List Companies](/content/docs/crm/reference/publiccompanycontrollergetcompanies/index.html): Return companies based on search criteria, with filtering, sorting, and pagination. (128 words)
- [Batch Update Deals](/content/docs/crm/reference/publicdealcontrollerbatchupdatedeals/index.html): Partially updates multiple deals in a single request (up to 100). Each item must include an id field identifying the deal to update. Only the fields provided will be modified.
Atomicity: This operation is all-or-nothing. If any deal in the array fails (e.g. deal not found, invalid field), the entire… (275 words)
- [Reorder Fundraising Stage](/content/docs/crm/reference/publicfundraisingcontrollerreorderstage/index.html): Changes the position of a stage in the fundraising lifecycle. Provide either direction ("up"/"down") to move one step, or an explicit zero-based position . (120 words)
- [Get Company by ID](/content/docs/crm/reference/publiccompanycontrollergetcompanybyid/index.html): Returns a single company by its unique identifier. (63 words)
- [Enhance Your Chart of Accounts with Custom Reporting Tags](/content/uk/en/product-updates/custom-reporting-tags/index.html): Surface deeper insights into your management company overhead and fund-level expenses by adding custom dimensions to your Chart of Accounts. (464 words)
- [Enrich Fundraising](/content/docs/crm/reference/publicfundraisingcontrollerenrichfundraising/index.html): Queues asynchronous enrichment for an existing fundraising . The system fetches company data (firmographics, employees, location) from the fundraising's website and backfills configured fields. Poll GET /v1/fundraisings/:id to retrieve enriched data once processing completes. (90 words)
- [API and Integrations - Update KPI Metrics | support.carta.com](/content/support/kb/guide/en/api-and-integrations-update-kpi-metrics-a3fhfe5gtf/steps/4213436/index.html): Update KPI MetricsUpdate an Investment's KPIs programmatically Method and URLURLhttps://tactycapi.com/api/v2/kpi-metrics/{{FUND_ID}}/{{INVESTMENT_ID}}MethodPOSTParamsFund ID: The fund's unique ID identifier.Sample RequestThe following is a sample request:// Sample request
curl https://tactycapi.com/api/v2/kpi-metrics/{{FUND_ID}}/{{INVESTMENT_ID}}
 -X PUT
 -H 'Authorization:{{API KEY}}'Sample Request BodyThe response will provide the following fields:Status Code: 200 for a succesful responseBody: JSON array of KPIs for each investment```SAMPLE BODY

 {
        "metrics": [
                {
                    "id": "6s0yw5c8pS",
                    "label": "ARR",
                    "actual": [
                        2300000,
                        2545832.891,
                        2571291.22,
                        2597004.132,
                        2622974.173,
                        2649203.915,
                        2675695.954,
                        2702452.914,
                        2729477.443,
                        2756772.217,
                        2784339.94,
                        2812183.339,
                        2840305.172,
                        2868708.224,
                        2897395.306,
                        2926369.259,
                        2955632.952,
                        2985189.281,
                        3015041.174,
                        2784339.94,
                        2812183.339,
                        2840305.172,
                        2868708.224,
                        2897395.306,
                        2926369.259,
                        2955632.952,
                        2985189.281,
                        3015041.174,
                        null,
                        null,
                        null,
                        null,
                        null,
                        null,
                        null,
                        null,
                        null,
                        null,
                        null,
                        null,
                        null,
                        null,
                        null,
                        null,
                        null,
                        null,
                        null,
                        null,
                        null,
                        null,
                        null
                    ],
                    "format": {
                        "currency": "USD",
                        "precision": 0
                    },
                    "documents": [],
                    "projected": [
                        3984901,
                        4024749.622,
                        4064997.118,
                        4105647.089,
                        4146703.56,
                        4188170.596,
                        4230052.302,
                        4272352.825,
                        4315076.353,
                        4358227.116,
                        4401809.388,
                        4445827.481,
                        4490285.756,
                        4535188.614,
                        4580540.5,
                        4626345.905,
                        4672609.364,
                        4719335.458,
                        4766528.812,
                        4401809.388,
                        4445827.481,
                        4490285.756,
                        4535188.614,
                        4580540.5,
                        4626345.905,
                        4672609.364,
                        4719335.458,
                        4766528.812,
                        null,
                        null,
                        null,
                        null,
                        null,
                        null,
                        null,
                        null,
                        null,
                        null,
                        null,
                        null,
                        null,
                        null,
                        null,
                        null,
                        null,
                        null,
                        null,
                        null,
                        null,
                        null,
                        null
                    ],
                    "startDate": "2021-11-01T00:00:00.000Z",
                    "qualitative": false,
                    "hideComments": false,
                    "reportingType": "quarterly",
                    "showProjected": false,
                    "enableDocuments": true,
                    "showCurrentPeriodOnly": false
                }
        ]
}
```ResponseA succesful response will result in all of the KPIs being returned for the fund. (226 words)
- [List Fundraising Fields](/content/docs/crm/reference/publicfundraisingcontrollergetallfundraisingfields/index.html): Returns all available fundraising fields, both standard built-in fields and custom user-defined fields. Use the returned fieldId values in filter and aggregation endpoints. (76 words)
- [Batch Create Deals](/content/docs/crm/reference/publicdealcontrollerbatchcreatedeals/index.html): Creates multiple deals in a single request (up to 100). Each deal follows the same rules as the single create endpoint.

**Atomicity:** This operation is all-or-nothing. If any deal in the array fails validation or creation, the entire request returns an error. Deals that were processed before the failure may have already been written; on error, check for partial side effects. (248 words)
- [Reorder Stage](/content/docs/crm/reference/publicdealmetadatacontrollerreorderstage/index.html): Changes the position of a stage within a deal pipeline. Provide either direction ("up"/"down") to move one step, or an explicit zero-based position . When pipelineId is omitted, the organization default pipeline is used. (151 words)
- [Update Fundraising Stage](/content/docs/crm/reference/publicfundraisingcontrollerupdatestage/index.html): Partially updates an existing stage in the fundraising lifecycle. Only the fields provided in the request body will be modified. (73 words)
- [Search Deals with Structured Filters](/content/docs/crm/reference/publicdealcontrollersearchdeals/index.html): Returns deals matching the structured filters in the request body. Use this endpoint when you need to filter by custom field values, ranges, or other field-level criteria that cannot be expressed in the simple GET /v1/deals query.
Use the List Deal Fields endpoint to discover valid field_id values f… (175 words)
- [Delete Fundraising Stage](/content/docs/crm/reference/publicfundraisingcontrollerdeletestage/index.html): Deletes an existing stage from the fundraising lifecycle. (61 words)
- [List Deal Interactions](/content/docs/crm/reference/publicdealcontrollergetdealinteractions/index.html): Return past email and calendar event interactions between your organization and contacts at the deal's company (sorted by date descending), plus the next upcoming calendar event (capped at 1, independent of limit ). The deal's linked company name/URL is expanded to any aliases linked to it in this o… (105 words)
- [Get Fundraising by ID](/content/docs/crm/reference/publicfundraisingcontrollergetfundraisingbyid/index.html): Returns a single fundraising record by its unique identifier. (80 words)
- [Delete Fundraising](/content/docs/crm/reference/publicfundraisingcontrollerdeletedeal/index.html): Permanently removes a fundraising record from the system. (55 words)
- [Private credit pressures and policy implications](/content/policy/policy-weekly-02-24-26/index.html): Blue Owl’s redemption halt signals liquidity risks in retail private credit, while the SEC previews "Project Crypto" safe harbors. Plus, NIST sets AI standards, SCOTUS blocks global tariffs, and the FTC defends expanded HSR merger filings. (2,109 words)
- [Add Fundraising Stage](/content/docs/crm/reference/publicfundraisingcontrolleraddstage/index.html): Adds a new stage to the fundraising lifecycle. (79 words)
- [API and Integrations - KPI Metrics | support.carta.com](/content/support/kb/guide/en/api-and-integrations-kpi-metrics-wef8q9bxis/steps/4213449/index.html): KPI MetricsGet an investment's KPIs programmatically. Method and URLURLhttps://tactycapi.com/api/v2/kpi-metrics/{{FUND_ID}}MethodGETParamsFund ID: The fund's unique ID identifier.Sample RequestThe following is a sample request:// Sample request
curl https://tactycapi.com/api/v2/kpi-metrics/{{FUND_ID}}
 -X GET
 -H 'Authorization:{{API KEY}}'Sample ResponseThe response will provide the following fields:Status Code: 200 for a succesful responseBody: JSON array of KPIs for each investmentMetrics provided are:investmentId: Internal Fund Forecasting ID for the investmentname: Name of the portfolio companylabel: KPI name (for e.g. "Revenue")actual: Array of numbers of actual KPI dataprojected: Array of numbers of projected KPI dataformat: Format of the KPI datastartDate: Start of KPI collection datereportingType: Whether the KPI data is monthly, quarterly or annual```json
```json
{
    "status": 200,
    "body": [
        {
            "investmentId": "3cGySo6YP",
            "metrics": [
                {
                    "id": "6s0yw5c8pS",
                    "label": "ARR",
                    "actual": [
                        2300000,
                        2545832.891,
                        2571291.22,
                        2597004.132,
                        2622974.173,
                        2649203.915,
                        2675695.954,
                        2702452.914,
                        2729477.443,
                        2756772.217,
                        2784339.94,
                        2812183.339,
                        2840305.172,
                        2868708.224,
                        2897395.306,
                        2926369.259,
                        2955632.952,
                        2985189.281,
                        3015041.174,
                        2784339.94,
                        2812183.339,
                        2840305.172,
                        2868708.224,
                        2897395.306,
                        2926369.259,
                        2955632.952,
                        2985189.281,
                        3015041.174,
                        null,
                        null,
                        null,
                        null,
                        null,
                        null,
                        null,
                        null,
                        null,
                        null,
                        null,
                        null,
                        null,
                        null,
                        null,
                        null,
                        null,
                        null,
                        null,
                        null,
                        null,
                        null,
                        null
                    ],
                    "format": {
                        "currency": "USD",
                        "precision": 0
                    },
                    "documents": [],
                    "projected": [
                        3984901,
                        4024749.622,
                        4064997.118,
                        4105647.089,
                        4146703.56,
                        4188170.596,
                        4230052.302,
                        4272352.825,
                        4315076.353,
                        4358227.116,
                        4401809.388,
                        4445827.481,
                        4490285.756,
                        4535188.614,
                        4580540.5,
                        4626345.905,
                        4672609.364,
                        4719335.458,
                        4766528.812,
                        4401809.388,
                        4445827.481,
                        4490285.756,
                        4535188.614,
                        4580540.5,
                        4626345.905,
                        4672609.364,
                        4719335.458,
                        4766528.812,
                        null,
                        null,
                        null,
                        null,
                        null,
                        null,
                        null,
                        null,
                        null,
                        null,
                        null,
                        null,
                        null,
                        null,
                        null,
                        null,
                        null,
                        null,
                        null,
                        null,
                        null,
                        null,
                        null
                    ],
                    "startDate": "2021-11-01T00:00:00.000Z",
                    "qualitative": false,
                    "hideComments": false,
                    "reportingType": "quarterly",
                    "showProjected": false,
                    "enableDocuments": true,
                    "showCurrentPeriodOnly": false
                },
``` (276 words)
- [Delete Custom Field](/content/docs/crm/reference/publicfundraisingcontrollerdeletecustomfield/index.html): Deletes an existing custom field from the fundraising schema. (68 words)
- [List Deal Relations](/content/docs/crm/reference/publicdealcontrollergetdealrelations/index.html): Return aggregated relationships (one row per unique participant) for the company on the given deal. Domain(s) are resolved from the deal's linked company. (90 words)
- [Update Deal](/content/docs/crm/reference/publicdealcontrollerupdatedeal/index.html): Partially updates an existing deal. Only the fields provided in the request body will be modified; all other fields remain unchanged.
Updates do not trigger auto-enrichment. To enrich the deal after updating, call POST /v1/deals/:id/enrich . (226 words)
- [API and Integrations - Zapier Integration | support.carta.com](/content/support/kb/guide/en/api-and-integrations-zapier-integration-hrum9gvk9r/steps/4213392/index.html): Zapier IntegrationThis is a beta feature and subject to changes before a wide release.Zapier is a product that allows end users to integrate the web applications they use and automate workflows. It connects to more than 5,000 apps, with free and paid plans including other tools in the VC tech stack such as AirTable, Affinity, etc. Fund Forecasting Zapier AppFund Forecasting is available on Zapier as a Zapier Action. You can set up Triggers from other applications to automatically add an investment into your Fund Forecasting fund model.RequirementsTo set up a Zapier integration, please have the following:a Zapier accountyour Fund Forecasting API Key (you can email us at fund-forecasting@carta.com to obtain one)your Fund ID (this is shown on your home screen)Quick StartFollow the steps on Zapier to Create a New ZapSet up a Trigger with the app from where you want to obtain investment-related dataSet up an Action and select Fund ForecastingUnder Event, select Create a New Investment When asked to authenticate with Fund Forecasting, enter your Fund Forecasting API Key and Fund ID To set up the Action, follow the instructions to map your incoming data into specific Fund Forecasting fields (such as Company Name, Investment Date, etc.) Keep in mindThe Fund Forecasting Zapier Action will enable you to define an investment, associated metadata (sector, geography, etc.), and its initial round only. Any follow-on rounds will not be captured with the API or Zapier approach. To create a new investment with multiple rounds, please use the provided Bulk Upload Excel option.If your Zap triggers multiple times for the same investment, that investment will be added multiple times into Fund Forecasting. Please ensure you have the appropriate triggers or filters set up in Fund Forecasting to avoid duplication of investments into Fund Forecasting.Only 1 investment can be added at a time. To add multiple investments, use the Bulk Upload option or the API method. (317 words)
- [Reorder Custom Field](/content/docs/crm/reference/publicdealmetadatacontrollerreordercustomfield/index.html): Changes the position of a field in the deal field list. Provide either direction ("up"/"down") to move one step, or an explicit zero-based position . (124 words)
- [wp-content/uploads/2022/09/nyc-salary-equity-bands-carta-pdf.html](/content/wp-content/uploads/2022/09/nyc-salary-equity-bands-carta-pdf.html) (2,400 words)
- [Create Deal](/content/docs/crm/reference/publicdealcontrollercreatedeal/index.html): Creates a new deal in the specified pipeline and stage. The deal will be associated with the authenticated organization.
Auto-Enrichment: To enable automatic company data enrichment, provide a valid company website URL in the company.url field. When a valid URL is supplied, the system will automatic… (220 words)
- [Get Fundraising Stages](/content/docs/crm/reference/publicfundraisingcontrollergetstages/index.html): Returns all available fundraising stages. Stages represent the lifecycle phases of a fundraising process. (59 words)
- [Aggregate Deals](/content/docs/crm/reference/publicdealcontrolleraggregatedeals/index.html): Groups deals by one or more fields and returns counts per group. Supports filtering before aggregation.
Use the List Deal Fields endpoint to discover valid field IDs for group_by and filters . (129 words)
- [Get Fundraising Custom Fields](/content/docs/crm/reference/publicfundraisingcontrollergetcustomfields/index.html): Returns the schema of all custom fields configured for the Fundraising entity. Custom fields allow organizations to extend the default fundraising data model with additional attributes. (52 words)
- [Portfolio Management - FAQs | support.carta.com](/content/support/kb/guide/en/portfolio-management-faqs-rqy5w9netq/steps/4213426/index.html): FAQsI have made changes to a Sector Profile. How do I "sync" these changes into individual investments?Use the Future option available within each investment to rebuild rounds from a Sector ProfileWhen adding an investment, I want all the Graduation Rates to be 100% by default.From your fund dashboard's sidebar go to Settings > Investments Configuration to turn on the 100% Graduation Rates option. How to adjust for ESOP when adding a new round?There are 2 ways to adjust a round for dilution from ESOP pool.Use the Share Mode ToggleIf you have the complete cap table, enter the share level data so Tactyc can calculate your ownership accurately. The ESOP pool should be captured in the Fully Diluted Shares Outstanding field.Add an Ownership UpdateAdd an Ownership Update event after the financing round to enter your new ownership after ESOP pool. You can also directly enter the Dilution Factor from the ESOP pool if you prefer.How to determine reserves for a round?Determining follow-on investments can by tricky as it requires triangulating multiple deal-level and fund-level metrics. For e.g. increasing follow-on investment in a deal, increases ownership, but also reduces exit MOIC. It lowers the Return the Fund for a deal, but also reduces capital available for investments in other deals. Finding the optimal reserve level requires running multiple scenarios to find the answer that best fits within the parameters of the fund. Tactyc automatically summarizes impact to these key metrics at various potential reserve levels - so managers can quickly compare impacts at various follow-on investment levels. It will also automatically calculate:follow-on investment needed to maintain ownership from the last round (pro-rata)follow-on investment needed to keep this deal's reserve ratio in line with the fund's overall reserve ratioOpen any future round and click on What is the optimal reserve level? helper calculator. to view this analysis.Our portfolio company was acquired (for shares) by another company. How do I reflect this acquisition in Tactyc?If a company was acquired by another company, this is not an exit yet. An exit in Tactyc is only when cash is realized from the sale of shares in the company. In this instance, shares are being exchanged for another company. To reflect this,Change the name of the company to the acquirer (for e.g. Company B prev. Company A)Apply a Valuation Update to set the equity value of the company to the acquirer's company valuationApply an Ownership Update to set the fully diluted owneship of the fund in the acquiring company (430 words)
- [Enrich Deal](/content/docs/crm/reference/publicdealcontrollerenrichdeal/index.html): Queues asynchronous enrichment for an existing deal . The system fetches company data (firmographics, employees, location) from the deal's company.url and backfills configured fields. Processing completes asynchronously; poll GET /v1/deals/:id to retrieve enriched data. (69 words)
- [General - What is Tactyc- | support.carta.com](/content/support/kb/guide/en/general-what-is-tactyc-0q9jd96clc/steps/4213450/index.html): What is Fund Forecasting?Fund Forecasting is a portfolio modeling, portfolio management, and reporting platform for venture funds.Fund Forecasting enables the following:Portfolio Construction: - Create a portfolio construction model and share with potential LPsActive Portfolio Forecasting: - Update construction model with actual investments and understand how actual performance deviates from plan (and what to do about it) - Model individual deals, strategize reserves and exit scenarios for each investmentPortfolio Management & Reporting: - Track and manage company KPIs and deal documentsEnrich internal reviews with data-driven insights on reserve deployment and with over 80 different performance metrics at the fund-level and deal-level.Enrich external reporting with pre-built reports for LPs Funds modeled on our platform can be shared with others (including LPs) with a variety of publishing, exporting, and reporting options.What pain points do we solve?While we are known for portfolio construction, Fund Forecasting is more than just a replacement for a spreadsheet model. It's your fund model, portfolio management, and reporting solution - all in one. Unlike traditional portfolio management platforms that only focus on historical performance, Fund Forecasting also runs a forecast model for your fund. The platform can report on your actual fund performance, but also helps you plan future capital allocation, reserve strategy, and scenario-planning for individual deals - all while giving you constant actionable insights on improving fund performance. The quantitative techniques in Fund Forecasting empower funds to:Optimize capital allocation towards reserves and future investmentsMake data-driven decisions for each deal (how much to reserve, should we partial exit, likely exit scenarios)Get actionable insights on fund performance (who are our best co-investors, which sectors or geographies perform the best in our portfolio?)In our experience, most funds find it difficult to do the above in spreadsheets given the time and effort needed to maintain these spreadsheet ecosystems.The analysis that Fund Forecasting makes possible is often too difficult and resource-intensive to be done manually with spreadsheets. We've built Fund Forecasting based on actual best practices of hundreds of real-world fund managers - so every GP can be empowered with these data-driven techniques.Getting the most out of Fund ForecastingFund Forecasting is a "forward-looking" model that requires you to think about future scenarios for each deal and for your fund and build them in Fund Forecasting - so your investment and capital allocation process can be more data-driven.If you are a seasoned data-driven manager that employs such quantitative analysis already in your fund's workflow - Fund Forecasting will not only improve and automate these processes, but also save you countless hours and resources in putting these techniques to work.If you are an emerging fund manager with limited resources, Fund Forecasting will enable you to benefit from the same quantitative workflows as established funds with large teams - but without the cost structure of having to hire a large team of analysts/associates.To maximize the full potential of Fund Forecasting, we encourage your entire investment team to adopt Fund Forecasting as part of daily or weekly fund operations. Fund Forecasting's calculated metrics will only be as accurate as the underlying data that powers them.What Fund Forecasting is notFund Forecasting is not a back-office or fund administration platform. We are a front-office platform for GPs and investment teams. Your capital calls, accounting statements, and other standard LP reporting are still expected to come from your administration platform - although many GPs love to enrich their LP reports with certain reports and charts directly from Fund Forecasting such as company tearsheets, performance summaries, etc.Fund Forecasting is not a CRM or pipeline management platform. Many of our clients set up integrations with their CRM system to automatically add deals into Fund Forecasting once a deal reaches a certain threshold. (588 words)
- [Get Deal Stage History](/content/docs/crm/reference/publicdealcontrollergetdealstagehistory/index.html): Returns the chronological list of stage transitions for a deal, from the earliest recorded change to the most recent. (55 words)
- [Add Stage](/content/docs/crm/reference/publicdealmetadatacontrolleraddstage/index.html): Adds a new stage to a deal pipeline. (106 words)
- [Five Must-Have Data Points for Fund Reporting](/content/uk/en/blog/data-extraction-fund-reporting/index.html): Learn more about the five critical data points that, when used correctly, can significantly impact fund performance and investment outcomes. (1,932 words)
- [Delete Deal](/content/docs/crm/reference/publicdealcontrollerdeletedeal/index.html): Permanently removes a deal from the system. (87 words)
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- [Portfolio Construction - Allocations | support.carta.com](/content/support/kb/guide/en/portfolio-construction-allocations-zucvv9xxcq/steps/4213413/index.html): AllocationsAllocations are where you define the types of investments your fund will be making. Think of these as “Investment profiles.” The Current Allocations shows your currently defined allocations. Click on New Allocation to create a new allocation or click on any of the allocations to edit their parameters. In the first section for each allocation, define the following:Allocation Name: a friendly name for this allocation, e.g., “Seed Investments.”Sector Profile: select the sector profile to be used for this allocation. Fund Forecasting will use the round sizes and valuations from that sector profile to determine future calculations.Entry Round: select the entry round from the sector profile.Capital Allocation (%): the percentage of investable capital that will be used to make initial and follow-on investments in this allocation.Initial Check StrategyInitial check size can be entered either as an Amount or as an Entry Ownership (%). For example, a 10% Entry Ownership means the model will invest the amount needed to get a 10% ownership in the portfolio company.Fund Forecasting will automatically show some helpful calculations such as:Implied Entry Ownership (if you're entering check size amount).Number of initial investments expected in this allocation.Total Capital Allocated towards initial investments in this allocation.Follow-On StrategySimilar to the initial check section, you may enter a follow-on check size amount for future rounds or ask Fund Forecasting to maintain ownership (%).Follow-on Participation (%): This is where you set how often you expect to follow-on. Setting this to 100% means the fund will follow-on into every single graduation. Setting this to 50% means the fund will follow-on 1 in 2 graduations.The helper calculations show the implied follow-on check sizes, graduations, number of follow-ons, and capital allocated.Initial Investment Horizon and PacingFinally, set your Initial Investment Horizon, i.e., the time period over which you expect the fund to make initial investments in this allocation.What's happening under the hood?Let's say your fund's investable capital is $100mm, and you've defined a Seed allocation with a capital allocation of 40%. This means $40mm of capital will be used to make initial Seed investments and any follow-on investments for those Seed companies.Based on your initial check size, Fund Forecasting estimates how many initial investments your fund can make.Based on the graduation rates from your sector profile, Fund Forecasting estimates how many companies will end up graduating.Based on your follow-on participation %, Fund Forecasting estimates how many companies the fund will follow-on into.This $40mm will then be further allocated towards initial and follow-on investments based on the *relative proportions- of initial and follow-on investments. What this means is if you lower your follow-on investments, your initial investments will increase - as there is more capital left over to make initial investments. Conversely, if you increase follow-ons, your initial investments will decrease. To summarize, Fund Forecasting will always end up fully deploying the entire $40mm of capital - the relative shifts between initial and follow-ons are determined by the check sizes in each category. (509 words)
- [Election Outlook: Capital Markets](/content/policy/election-outlook-2024-capital-markets/index.html): No matter which party wins either chamber of Congress, thin margins will continue to make sweeping changes unlikely. But a few points of bipartisan agreement could bring more capital to the private markets and expand access for more investors. 
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- [Update Stage](/content/docs/crm/reference/publicdealmetadatacontrollerupdatestage/index.html): Partially updates an existing **stage** in a deal pipeline. Only the fields provided in the request body will be modified. (112 words)
- [API and Integrations - Performance Metrics | support.carta.com](/content/support/kb/guide/en/api-and-integrations-performance-metrics-ysfysp7cbd/steps/4213424/index.html): Performance MetricsRetrieve performance metrics by period programmatically.As a large number of visual metrics on your Fund Forecasting dashboard are computed "on-the-fly" on your browser, not every metric seen on the dashboard may be available via the API. Please use the provided reports or charts from the fund dashboard to download any metrics not available via the API.Method and URLURLhttps://tactycapi.com/api/metrics/{{FUND_ID}}/{{MODE}}/{{ACCUM}}/{{METRIC}}MethodGET ParamsFund ID: Your Fund ID that you wish to pull metrics from Mode: current or construction Accum: period or cumulative Metric: The metric key you wish to pull for e.g. newInvestmentsSample RequestThe following is a sample request to query the in-period TVPI for the current model.// Sample request
curl https://tactycapi.com/api/metrics/{{FUND_ID}}/current/period/tvpiLp
 -X GET
 -H 'Authorization:{{API KEY}}'Sample ResponseThe response will provide the following fields:Status Code: 200 for a succesful responseStart Date: The start date on file for the fundPeriod: The current month of the fund starting with 0 as the first monthMetrics: An array of objects representing metric performance over time. Each object has the following fields:Month: Current MonthDate: Pretty Formatted Date in MMM-YYYY formatValue: The value of the metric in this period{
    "status": 200,
    "body": {
        "startDate": "2019-04-01",
        "period": 48,
        "metrics": [
            {
                "month": 0,
                "date": "Apr-2019",
                "value": 0
            }....]}
}Available MetricsThe following metrics are available for access programmatically via our API. These are the metric keys that need to be added to your request URL. CommittmentscommittedCapitalLp: Committed capital from LPcommittedCapitalGp: Committed capital from GPcommittedCapital: Total committed capital Investment Cash FlowsnewInvestments: Cash flows into initial investmentsfollowOnInvestments: Cash flows into follow-on investmentstotalInvestments: Total cash flows into all investments Deployed CapitalcontributedCapital: Total capital deployed across fees, expenses and investmentscontributedCapitalLp: Total capital deployed by LPs across fees, expenses and investmentscontributedCapitalGp: Total capital deployed by GPs across fees, expenses and investments Called CapitalcalledCapital: Total capital called this periodcalledCapitalLp: Total capital called from LPs this periodcalledCapitalGp: Total capital called from GPs this period Exitsexits: Exit proceeds this period to the fundexitRecycledActualized: Exit proceeds recycled this period Dividendsdividends: Dividends to the fund from investmentsdividendsRecycledActualized: Dividends recycled this period into investments Management Fees and ExpensesmanagementFees: Total management fees in this periodmanagementFeesRecycledActualized: Management fees recycled this periodexpenses: Fund expenses this periodtotalFeesAndExpenses: Total fees and expenses Fund Performancetier0Gp: GP Proceedstier1: LP return of Contributed capitaltier2: LP return of preferred hurdletier3: GP Catch-uptier4Gp: GP Carried Interesttier4Lp: LP ProfitsnetProceedsLp: Net Proceeds to LPnetProceedsGp: Net Proceeds to GPfairMarketValue: End of period fair market value or NAV for the fundgrossMoic: The gross multiple for the funddpiLp: DPI for the fundtvpiLp: TVPI for the fundrvpiLp: RVPI for the fund (415 words)
- [Portfolio Construction - Enter number of investments directly | support.carta.com](/content/support/kb/guide/en/portfolio-construction-enter-number-of-investments-directly-xubiggvfsn/steps/4213453/index.html): Enter number of investments directlyWhy can I not construct my fund model from number of investments instead of capital allocation percentages? GPs that are used to deterministic Excel-based models may want to just set a fixed number of initial investments, and construct their plan based on this number. There's a few reasons why we don't support this methodology.We want to emphasize there is no right or wrong way to do portfolio construction. There are only approaches that are flexible and inflexible. A flexible approach has the advantage of giving the GP multiple levers to pull to run varied construction strategies.The problem with setting a fixed number of initial investmentsThe main problems with this approach are:If you pick a number of deals that is too low, you might have too much unused capital.If you pick a number of deals that is too high, you will not have enough capital to do the deals.This usually results in the GP having to iterate multiple times to land at a number of deals that leaves the least amount of under/over-allocated capital. If the GP then changes their assumption on follow-on checks, fees, expenses—the entire model breaks down again, and they would need to iterate all over again to land at the optimal number of investments. In fact, if any of the below variables change, the GP needs to go back and change the number of deals:Fund commitmentManagement fee assumptionsInitial and Follow-On Check size assumptionsFund expensesRecycling assumptionsIn short, this is a fragile approach that can very easily "break" the model by creating pools of capital that are unused or over-allocated.The benefits of capital allocationBy setting capital allocations first:Fund Forecasting will ensure there is no unused/over-allocated capital. It will always fully use up all the available investable capital and give you the answer on the number of forecasted deals.It also takes far fewer iterations to land at the optimal number of deals and follow-on reserves. Simply set your ideal check sizes—and then it's a matter of playing with capital allocation (%) to arrive at your construction strategy. You should be able to optimize your fund model in a couple of iterations.If you change your mind on check sizes, reserve strategies, fees and expenses, recycling %—the model will automatically accommodate these changes without needing to change other parameters.We believe this approach is more stable, flexible, and gives the GPs multiple levers to pull to run varied construction strategies.Closing ThoughtsIf you are set on using the number of deals as your starting point, we understand. And perhaps an Excel-based approach might be more suitable in your use case. We would be happy to hop on a call and show you how to configure your model appropriately in Fund Forecasting. Please reach out to us at fund-forecasting@carta.com if you would like our advice on how to setup your model. (448 words)
- [Portfolio Management - Time Machine | support.carta.com](/content/support/kb/guide/en/portfolio-management-time-machine-ptnfjk6his/steps/4213447/index.html): Time MachineThe Time Machine feature enables you to rollback the clock to a specific point in the fund's life and evaluate portfolio company metrics (IRRs, MOICs) as of that point.How to work with the time machineGo to InvestmentsClick on Time Machine on the top right headerSet the clock date to a historical monthAll values in the investment table will automatically re-calculate and show data as of the selected month.How to know when time machine is active?When the time machine is in effect, you will see red button on the investments table signifying that the time machine is active.How to turn off the time machine?Click the red Time Machine Active buttonClick on Reset to todayThe time machine will now be turned off. (133 words)
- [Delete Custom Field](/content/docs/crm/reference/publicdealmetadatacontrollerdeletecustomfield/index.html): Deletes an existing custom field from the deal schema. (66 words)
- [Advanced - Scenario Builder | support.carta.com](/content/support/kb/guide/en/advanced-scenario-builder-4wob6taecl/steps/4213440/index.html): Scenario BuilderChange model parameters to run new fund scenarios quickly.To run new scenarios for your fund model:Go to Scenario Builder from the sidebarClick on Create Scenario and give this scenario a nameChange the model parameters from the Scenario Parameters section. You can revisit multiple parameter sections (such as sectors, allocations, fees, investments, etc.) After entering new model parameters, Fund Forecasting will recalculate the model and show the results under This Scenario columnClick on Save Scenario when complete Running fund scenarios based on individual investment scenariosIf you have built multiple performance cases for your investments, you can easily turn cases “on” or “off” for multiple investments and evaluate impact on fund performance.Go to Scenario Builder > Create ScenarioGo to Scenario Parameters > InvestmentsYou should now see a list of all your investment cases. You can "turn a case on" and "off" by with the 100% and 0% buttons under ActionClick on RecalculateEvaluate the Scenario Results and then Save Scenario (170 words)
- [Delete Stage](/content/docs/crm/reference/publicdealmetadatacontrollerdeletestage/index.html): Deletes an existing stage from a deal pipeline. (70 words)
- [Get Deal by ID](/content/docs/crm/reference/publicdealcontrollergetdealbyid/index.html): Returns a single deal by its unique identifier. (79 words)
- [List Custom Fields](/content/docs/crm/reference/publicdealmetadatacontrollergetcustomfields/index.html): Custom fields allow users to store additional information alongside a deal. EBITDA, revenue multiple, and other financial metrics can be tracked using custom fields . (58 words)
- [Centralize your ManCo accounting and budgeting](/content/uk/en/product-updates/manco-integrated-budgeting-engine/index.html): Create, edit, and track your management company budget to compare actuals against estimates and keep plans on track.
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- [Portfolio Management - Liquidation preferences | support.carta.com](/content/support/kb/guide/en/portfolio-management-liquidation-preferences-mmuhwjunwf/steps/4213422/index.html): Liquidation preferencesIf your fund has investments where there are active Liquidation Preferences (“liq prefs”), you can run Exit scenarios to incorporate the impact of liq prefs.Adding an liquidation preference waterfall to an investmentClick on Liq Prefs from the Actions toolbar within an investment's Performance CaseTurn on Enable Liquidation PreferencesSpecify the following:Total Liq Pref Owned: This is the total amount of liquidation preference owned by your fund. For e.g. if you have a 2x Liq Pref on a $2mm investment, you would enter $4mm in this fieldLiq Pref Type: Specify whether your liq pref is participating or non-participatingLiq Pref Cap (for participating liq prefs only): Specify if there is a liq pref capLiq Pref Cap Amount: If there is a cap, enter the cap amount. For e.g. if you have a 3x cap on a $2mm investment, you would enter $6mm as the cap.Total Liq Prefs in Front: The total amount of liq prefs expected senior to our position.Total Other Liq Prefs Pari Passu: Amount of liq prefs pari passu to us (not including our own)Total Liq Prefs Senior: Total amount of liq prefs that are below or junior to us in the exit waterfall.Once a liquidation pref waterfall has been created, the Exit Event will show a “Liq Prefs Active” sign to signify that there are active Liquidation Prefs in effect.Working with multiple cases If you are working with multiple performance cases, you may want to copy liq prefs from one case to another. From the Actions toolbar, click on Liq Prefs to import a liquidation preference waterfall from another case. (275 words)
- [Portfolio Management - Using Custom Fields | support.carta.com](/content/support/kb/guide/en/portfolio-management-using-custom-fields-2dqts0mnud/steps/4213394/index.html): Using Custom FieldsCustom fields enable you to create your own tracking fields such as tags, dates, numbers or text to categorize portfolio companies While Fund Forecasting already provides deal tags, sector, geographies and other tracking fields, periodically you may want to create your own custom fields that are internal and specific to your fund. These could be internal status color codes (i.e. "traffic lights"), or any additional information you want to track for investments.Creating a Custom FieldFrom your investments page, click on Custom FieldsDefine your custom fields by specifying the name and type. Supported field types are:NumberTagsTextColor CodesDatesClick Save when complete.Adding Data to Custom FieldsAfter defining custom fields, when you open an investment, a new sector for Custom Fields Investment Information section.Click on Custom Fields to open a panel to enter data for the defined fields.Click Submit to enter the data and Save the investment. The investment information section will now show a custom fields section.Accessing Custom Fields on the Investments TableCustom Fields can also be exposed on the investments table from the Columns configuration. These custom field columns can be filtered or sorted to evaluate performance for specific sub-sections of the portfolio.Adding Custom Fields to TearsheetsCustom Fields created can also be added to the tearsheet from the Customize dialog. Select desired custom fields and they will be shown on the left sidebar of each tearsheet. (244 words)
- [General - Training Videos | support.carta.com](/content/support/kb/guide/en/general-training-videos-53g7y8lrno/steps/4213455/index.html): Training VideosLearn better by watching videos? Check out our training videos on different sections of Fund Forecasting.Basics of Portfolio ConstructionGeneral SectionSector ProfileAllocationsFees and ExpensesExit RecyclingWaterfallLPsWorking with and Sharing Your Fund DashboardsOverview of different sections and construction vs. current forecastsPortfolio ManagementAdding investments and building performance casesMaintaining investments and performance casesExtracting insights on portfolio performanceKPI Manager and Advanced FeaturesTracking KPIsEditing your models for actual fees, expenses, and capital calls. (85 words)
- [Sharing and Administration - Collaborators | support.carta.com](/content/support/kb/guide/en/sharing-and-administration-collaborators-upqrfejf3x/steps/4213446/index.html): CollaboratorsCollaborators are team members who have access to your fund's model. You can control access levels for collaborators to only grant them read or edit access.Adding a Collaborator from HomeFrom your home screen, click on the Manage Collaborator under Collaborators for your fund.On the next dialog, enter the email address of the person you want to collaborate with. Collaborators will get an email saying you've sent a model to them. Once they login to their Fund Forecasting account, they'll see your model on their home screen.Adding a Collaborator from the Fund's DashboardOpen the fund's dashboard.From the left side-bar, click on Collaborators.Set Access Levels for CollaboratorsBy default, all collaborators have full-write access to all parts of your fund. You can control the access levels for different sections of the fund by collaborator. *Note:- Collaborators must have an active Fund Forecasting account. This may be a valid trial account as well. (158 words)
- [Insights - Optimizing Secondary Market Sales | support.carta.com](/content/support/kb/guide/en/insights-optimizing-secondary-market-sales-b6y9hjbwhg/steps/4213457/index.html): Optimizing Secondary Market SalesShould we sell a partial stake of our active companies in the secondary market? Fund Forecasting can help you plan for these situations.The TheoryMany fund managers that participate in the secondary market run analyses on what is the lowest price they could sell a company in the secondary market today, without impacting their fund's IRR. If this sale price is lower than the current post-money valuation of the company, this creates an actionable opportunity for the fund to generate DPI today while also being accretive to the fund's IRR. Fund Forecasting automatically "backsolves" for each company's optimal sale price today, and the results are summarized under the Insights > Minimum Partial Sale Valuation section. Learn more here for the underlying math behind this analysis.Minimum Partial Sale ValuationThis chart will show the results of the minimum sale valuation calculation. For each portfolio company, Fund Forecasting will summarize:Current Holding PeriodMinimum Sale Valuation: This is the price a company could be sold at in the secondary market without impacting the fund's IRRCurrent ValuationIndicator whether the Minimum Sale Valuation is a discount or premium to the current valuation (196 words)
- [Insights - Performance across reporting dimensions | support.carta.com](/content/support/kb/guide/en/insights-performance-across-reporting-dimensions-o9vhf4iycy/steps/4213441/index.html): Performance across reporting dimensionsFund Forecasting can summarize portfolio performance across multiple reporting dimensions, such as sector, geography, partner, or any custom field. Under Insights > Portfolio Insights, Fund Forecasting will present automatic insights across various dimensions such as:By Entry RoundBy GeographyBy SectorBy PartnerBy Board MemberBy TagsReporting MetricsFurthermore, Fund Forecasting can also summarize across many reporting metrics, such as MOICs, IRRs, Capital Deployed, Reserved, etc. This enables you to quickly answer questions such as:What is the total capital deployed by sector, geography, etc.?What is the best performing sector, geography?Who is our best co-investor? I.e. what is the average MOIC by co-investor? (112 words)
- [Notice of Cancellation of Shares | SH06 Form](/content/learn/startups/uk-company-registers-filings/sh06/index.html): UK companies must submit an SH06 form to Companies House within 28 days of cancelling shares. Learn how to complete and file an SH06, and how Carta simplifies the process. (839 words)
- [Portfolio Management - Investment Reporting Metrics | support.carta.com](/content/support/kb/guide/en/portfolio-management-investment-reporting-metrics-5dkysurs7j/steps/4213386/index.html): Investment Reporting MetricsThere are more than 65 reporting metrics available for each investment. These metrics can be accessed in 3 different areas on your fund dashboard:Investments TableOpen the Columns on top of your Investments Table to select the appropriate metricsPortfolio Summary ReportClick on Customize Report to select the appropriate metricsPortfolio InsightsSelect the appropriate metrics from the Metric dropdownAvailable MetricsCompanyName: The name of the portfolio companyFund Name: The name of the fund vehicle that invested in this companyStatus: Active, Write-Offs, Realized or PlannedInvestment Date: The date of the first roundGeography: The country or region associated with the investmentSector: The sector associated with this companyQualitativeCommentary: Latest partner commentaryCase Description: The description of the case that is defined for this companyDeal Tags: Any tags associated with this investmentPartners: Sourcing or managing partners associated with the investmentBoard Members: Any board member seats granted to the fund by the companyCo-Investors: Any co-investors tracked for this investmentRoundsEntry Stage: The name of the round that the fund made its initial investment into the company (for e.g., Seed)Current Stage: The last financing round of the company for e.g., Series ALast Round Date: The date of the last financing roundExit Stage: The stage of the last financing round prior to exitCapitalInvested to Date: The total capital invested to date by the fundInitial Investment: The amount invested in the first round by the fundReserves Deployed: The amount invested in subsequent rounds (follow-on investments)Reserves Remaining: The amount reserved for future follow-on investmentsTotal Expected Investment: The total capital expected to be invested in the company by the fundEntry Round Size: The amount raised by the company in the first round the fund participated inCume Capital Raised: The total amount raised by the company to dateCume Capital Raised Since Initial: The total amount raised by the company excluding the size of the initial roundValuationEntry Pre-Money ValuationEntry Post-Money ValuationCurrent Post-Money ValuationEntry OwnershipCurrent OwnershipCurrent Share Price: Applicable only if data has been entered in share modeCurrent Shares Owned: Applicable only if data has been entered in share modeUnrealized FMV: Value of unrealized stake in the companyCurrent Return the Fund: The current RTF based on the current ownership in the companyExit:Exit Date: Actual or expected exit dateExit Ownership: Ownership % at ExitRealized Proceeds: Realized proceeds to date. Includes any dividends, interest or distributions% Realized: Percentage of investment that has been realized to dateTotal Exit Proceeds: Total exit proceeds to be realized inclusive of any dividends, interests or distributionsExit Aggregate Valuation: The expected or actual aggregate valuation of the company at exitExit Return the Fund: The RTF based on the ownership at exitCurrent Loss Ratio: The loss ratio on invested capital todayLoss Ratio at Exit: The loss ratio on invested capital by exitMultipleCurrent MOIC: Current return on $1 of invested capital to dateCurrent MOIC on Initial: Current return on $1 of initial investment onlyCurrent MOIC on Deployed Reserves: Current return on $1 of deployed reserves onlyExit MOIC: Expected return on $1 of total invested capitalExit MOIC on Follow-Ons: Expected return at exit for every $1 of follow-on investment onlyExit MOIC on Planned Reserves: Expected return on $1 of future planned reservesCurrent or Realized IRR: Represents the IRR return on the investment.CompositionInitial to Committed Capital Ratio: The initial investment divided by the total fund committed capitalTotal to Committed Capital Ratio: The total investment in the company divided by the total fund committed capitalDeployed to Total Invested Ratio: The total invested to date amount int the company divided by the total invested capital by the fundTotal Investment to Total Expected Investment Ratio: The total expected investment amount in the company divided by the total expected investment by the fundFMV Ratio: The FMV of an investment divided by the total FMV across all active investments.OtherCase Probability: The probability of the performance caseFailure Rate: The probability of a write-offDeal Reserve Ratio: The reserve ratio for this investment calculated as Total Follow-Ons / Total Expected Invested Capital  (719 words)
- [Portfolio Management - Cap Table Calculator | support.carta.com](/content/support/kb/guide/en/portfolio-management-cap-table-calculator-ctvmvwljst/steps/4213459/index.html): Cap Table CalculatorThe Cap Table Calculator can help investors quickly determine their expected ownership after the conversion of a SAFE or a Convertible Note. This can be useful if a SAFE or Note hasn’t converted yet but you want to model a future conversion for this security. This calculator can also be accessed from within your fund, or within your investment so you can save various conversion scenarios for your deal. To access this calculator,Go to Cap Tables from your sidebarClick on + Add Cap Table and select an investment that you are modeling a cap table scenario forFollow the steps on the next page to import a current cap table, define SAFEs or Notes, model a next round for Fund Forecasting to generate a pro-forma cap table automatically (133 words)
- [Portfolio Construction - Setting exit multiples directly | support.carta.com](/content/support/kb/guide/en/portfolio-construction-setting-exit-multiples-directly-gpwfqshb6m/steps/4213408/index.html): Setting Exit Multiples DirectlyGPs that are used to deterministic Excel-based models may want to just set a fixed exit multiple and forecast fund performance based on this number. There's a few reasons why we don't support this methodology.We want to emphasize there is no right or wrong way to do portfolio construction. There are only approaches that are flexible and inflexible. A flexible approach has the advantage of giving the GP multiple levers to pull to run varied construction strategies.The Problem with Setting an Exit Multiple Is:It hides away market dynamics, i.e., what are the actual valuation step-ups in the market? By sector or by geography?It hides away the probability of early exits at lower multiples.It hides away the impact of follow-ons, which frequently end up reducing the exit multiple.The final power law curve for the fund is an input, not an output. In Fund Forecasting, we build up to the exit multiple from more granular assumptions such as graduation rates, exit rates, and valuations. At each round, we want you to consider what the average valuations look like (based on market data), how many companies make it to that round, and how many companies exit. This is frequently informed by the performance of your past funds and market benchmarks.  We also take into account your follow-on investments to determine what the expected MOIC looks like. Fund Forecasting puts it all together to calculate the expected exit MOIC for each of your allocations. While this approach requires a bit more thought than plugging an exit multiple, it results in a model that:is more defensible to LPs as it's supported by actual market data and your investment strategy.later in your fund's life, it enables you to see where you are going wrong, i.e., did you assume the wrong graduation rates, investment levels, or market valuations? It enables you to better course correct your fund strategy. (280 words)
- [Portfolio Construction - Backsolving to find an ideal portfolio | support.carta.com](/content/support/kb/guide/en/portfolio-construction-backsolving-to-find-an-ideal-portfolio-sdbnmkumgg/steps/4213458/index.html): Backsolving to find an ideal portfolioCan Fund Forecasting solve for ideal construction parameters? Some GPs would like to set a target performance benchmark (such as TVPI or IRR) - and perhaps have Fund Forecasting generate an "ideal" portfolio for them. If this sounds good to be true - it is! The reality is that there could be an infinite number of "solutions" to this multi-variate problem. Check sizes, graduation rates, exit assumptions, fees, expenses, recycling assumptions - they all play a part in arriving at the final portfolio. Even if we iterate over millions of possible solutions there is no way for a system to make a decision on which is the optimal parameter set from millions of solutions. Secondly, we believe the process of portfolio construction is at times more important than the end result. By taking the time to play with different assumptions, GP's can develop an intuition of which levers really move the needs and where their model is most sensitive. We believe this is important for not just the theoretical process of fund construction - but also for actual portfolio management once the fund is launched. (191 words)
- [Portfolio Management - Multiple currencies | support.carta.com](/content/support/kb/guide/en/portfolio-management-multiple-currencies-bucckwkbww/steps/4213411/index.html): Multiple currenciesIf your fund has investments where the round currency is different than the fund's currency, Fund Forecasting can help you manage and track currency conversions.Please note that multiple currencies is available as part of our Enterprise Plan only. Contact us at fund-forecasting@carta.com if you'd like access to this feature.Defining an investment round in a different currency than the fund's currencyOpen the round you want to edit and select the Round CurrencyEnter an exchange rate directly in the Exchange Rate field, or have Fund Forecasting pull the latest exchange rate for you, by entering a Date under the Exchange Rate field.Enter the investment amount, round size and pre-money valuation in the round currency. Fund Forecasting will automatically perform currency conversion and show you the corresponding values in the fund’s currencyClose the round and Save the investment.A note on reportingWhile the investment’s round is saved under the round’s currency, any reports, charts or calculations that require aggregation or comparison, the fund’s currency is used so Fund Forecasting can accurately compare or aggregate figures on an apples to apples basis. Updating FMV for Exchange Rate Changes To update the FMV of an investment and reflect the exchange rate changes:Add a Valuation Update event after the last roundEnsure the Round Currency is set to the currency you want to updateEnter the new Exchange Rate, or have Fund Forecasting pull for you the latest exchange rateClose the round and Save the investment  (226 words)
- [Technical - Technical Information | support.carta.com](/content/support/kb/guide/en/technical-technical-information-r5abzqvcqr/steps/4213456/index.html): Technical InformationFund Forecasting was built using the React Framework and NodeJS.All fund performance and investment performance computations is done on the front-end in JavaScript/TypeScript.Fund Forecasting uses a secure TLS 1.2 API Gateway to communicate with the Fund Forecasting API backend.Data in encrypted in transit and at rest.All data is stored on Amazon Web Services provisioned databases that are encrypted.Fund Forecasting uses Auth0 to provide the most secure authentication layer for our clients.Finally, we do not use your data for marketing, benchmarking or aggregation. The only time your data is used is to compute performance for your fund. Please refer to our privacy policy or contact us at fund-forecasting@carta.com if you have further questions. (120 words)
- [Portfolio Construction - Adjusting Pacing | support.carta.com](/content/support/kb/guide/en/portfolio-construction-adjusting-pacing-8zxdjxpr1o/steps/4213452/index.html): Adjusting PacingPacing of capital deployment can be adjusted at the allocation level. For each allocation, change the pacing assumptions by editing the Initial Investment Horizon. The pacing of follow-on investments is then controlled by the Time to Graduate field defined in the Sector Profiles  (45 words)
- [Advanced - Updating Model for Actuals | support.carta.com](/content/support/kb/guide/en/advanced-updating-model-for-actuals-7shl2az1wl/steps/4213454/index.html): Updating Model for ActualsFund Forecasting automatically generates two forecasts for your model: Construction Forecast: The fund's original plan before any investments Current Forecast: The fund's latest forecast after taking into account actual investments By default, the Current Forecast is already updated with actual investments you have defined. However, you can also update other forecasted metrics from your model such as:Committed CapitalCapital CallsManagement FeeExpensesManagement Fee recycledExit Proceeds recycledDistributions to LP's and GP'sIt's important to note that updating actuals does not change future projections or your investable capital. If your fund is expected to do 50 deals, that figure will not change after updating actuals. This is simply a way for you to keep your model in sync with actuals that have occurred.How to update the Fund Forecasting model for actuals?Go to Model View from the left sidebarClick on PeriodEnsure you are viewing the Current Forecast - and that you are on the Monthly ViewClick on Edit ActualsAll cells shown in blue can now be updated for actuals. Enter the new actual figure in the editable text field.Click on *Save Edits- when completeAll resulting charts and reports throughout the app that refer to actuals will now automatically be updated. (164 words)
- [API and Integrations - Adding a Single Investment | support.carta.com](/content/support/kb/guide/en/api-and-integrations-adding-a-single-investment-jzuxkzsomu/steps/4213435/index.html): Adding a Single InvestmentMethod and URLURLhttps://tactycapi.com/api/fund/{{FUND_ID}}/investmentMethodPOSTSample Request Header#FORMULATING THE HEADER WITH FUND ID AND API KEY. REPLACE THE VALUE WITHIN {{ }} WITH #YOUR FUND ID AND API KEY

curl https://tactycapi.com/api/fund/{{FUND_ID}}/investment -X POST -H 'Authorization:{{API KEY}}'Sample Request BodyThe body of your API request must be a JSON field contain the following required fields:Name: Name of the portfolio company (string)Investment Date: Date of the investment. Must be in "MMM-YYYY" format, for e.g. "Jan-2023" (string)Investment Month: Month of the investment between 1 and 12 where 1 = January and 12 =Round: The name of the round for e.g. "Seed" (string)Amount: Amount invested (number)Pre-Money Valuation: Pre-Money Valuation of the round. For SAFEs or Convertible Notes enter the cap instead (number)Round Size: The financing raised by the company in this round (number)Exit Month (Optional): Months to exit since the roundExit Valuation (Optional): Company valuation at exit  #SAMPLE BODY IN REQUEST

{
   "investmentDate": "Mar-2023",
   "name": "Saturn",
   "round": "Seed",
   "amount": 1000000.0,
   "preMoneyValuation": 10000000.0,
   "roundSize": 2000000,
   "sector": ["FinTech", "SaaS"],
   "tags": "FinTech, Saas",
   "exitMonth": 60,
   "exitValuation:: 100000000
}Sample ResponseA successful creation of a new investment will result in the following response with a status code of 200. The output fields in the response are:Investment ID: Identifier for this investment within Fund Forecasting's fund instance. This is unique across investments but is not unique across performance cases.Case ID: This is a unique ID for each performance case defined for an investment. By default each investment must have atleast 1 performance case.{
    "status": 200,
    "body": {
        "investmentId": "OyZVlx8aD_",
        "caseId": "EtEEYHW_U",
        "name": "Saturn"
    }
} (281 words)
- [Portfolio Construction - Creating a Fund of Funds Allocation | support.carta.com](/content/support/kb/guide/en/portfolio-construction-creating-a-fund-of-funds-allocation-teiqeun1h6/steps/4213393/index.html): Creating a Fund of Funds AllocationWhile the Sector Profile and Allocations sections of the Construction Wizard are primarily meant for Direct Investments, they can be easily customized into a Fund of Funds investment profile. Fund Forecasting provides a pre-built Fund of Funds Sector Profile that can be quickly customized to create a Fund of Funds Allocation.Setting up the Fund of Funds Sector ProfileUnder Sector Profiles, create a new profile using the Add Another Profile optionSelect the Fund of Funds Investment from Fund Forecasting DatasetsThe Fund of Funds profile creates a standard $100m fund, with a 2% GP commit and a 3x return. You can change the Round Size, Valuation and Exit Valuation parameters to customize this profile for a different return. For example, to create a 4x return profile, you would increase the exit valuation to $400mm (4 x $100mm valuation).Setting up the Fund of Funds AllocationUnder Allocations create a new allocation (for example, a "Fund of Funds" allocation)Under Linked Sector Profile connect this new allocation to the Fund of Funds sector profile defined aboveUnder Initial Check Size enter the expected investment in each fundFund Forecasting should then automatically calculate the number of fund investments based on the amount of capital allocated to this allocation.Adding an Actual Investment with the Fund of Funds profileOnce a Fund of Funds sector profile has been defined, you can then add a new investment using this profile, just like you would for a Direct Investment. This investment will be created with a round called Capital Call and you can specify the amount Invested as part of the capital call.When defining the capital call round:Investment Amount: Amount invested by your fund into the portfolio fundRound Size: Amount called from all LPs in this capital call roundPre-Money Valuation: Cumulative amount raised from all partners prior to this round. Please set this to $0.01 for the first round, or the value of the GP commit if you know that.Future Capital Calls can then also be added by adding a new Capital Call round. (353 words)
- [Stakeholder Audit  | Carta Community](/content/community/c/ask-and-share/stakeholder-audit/index.html): I have been asked to audit some of our stakeholders. I am new to Carta and need to know how best to run an audit. It should include reviewing their contact information, employment status (active, terminated), employment type (employee, consultant, inve... (200 words)
- [Advanced - Fund of Funds | support.carta.com](/content/support/kb/guide/en/advanced-fund-of-funds-yxyou2tlio/steps/4213445/index.html): Fund of FundsFund of Funds is available on Enterprise Plans only.Fund of Funds investments are when a fund ("FOF") invests in another fund ("portfolio fund") as an LP. The FOF's cash outflows service the capital calls in the portfolio fund, and the FOF's cash inflows are the LP returns from the portfolio fund. Fund Forecasting supports Fund of Funds by enabling your fund to make an investment in another fund in your Fund Forecasting account. RequirementsBoth the "parent" fund and "child fund" / "portfolio fund" must be present in your Fund Forecasting Venture Manager account and modeled separately i.e. you will go through the construction wizard for the "parent" fund once and then separately for the "child" fund. You should have 2 distinct funds in your Fund Forecasting account after this process.You must be on the Enterprise plan to access this feature.Adding a Fund of Funds InvestmentFrom your sidebar, go to Investments and click on the Fund Investments tab.Click on Add a Portfolio Fund.Select a portfolio fund from your Fund Forecasting account to invest into and specify the investment amount.Select whether you want to connect into the Construction or Current forecast of the portfolio fund.Click Save. Once completed, the main fund will automatically become an investor in the portfolio fund. The cash flows related to this investment can be viewed from the Fund Investments section of your dashboard.LimitationsBoth the currencies must be the same for the investing fund and the portfolio fund.FOF investing in another FOF is not currently supported. FOF must be investing in a fund that is doing direct investments.If the portfolio fund start date was before the FOF start date, the FOF is assumed to also invest in all of the capital calls prior to the FOF start date.If the portfolio fund end date is later than the FOF end date, the portfolio fund is assumed to be liquidated at FMV at the FOF end date. (325 words)
- [State of Private Markets: Q2 2022 | Carta](/content/sg/en/data/state-of-private-markets-q2-2022/index.html): Venture capital is in a slowdown, but not a freefall. For the past two quarters, the number of rounds and the amount of cash raised on the Carta platform both (2,377 words)
- [Sharing and Administration - Publishing | support.carta.com](/content/support/kb/guide/en/sharing-and-administration-publishing-ou0ztw32ln/steps/4213425/index.html): PublishingPublishing a model creates a shareable URL link for your model's dashboards that can be sent to anyone. Anyone who clicks on the link will see the fund's dashboard in a read-only mode.Click on Publish from the left sidebarToggle Start PublishingSome optional configurations for publishing are:You can choose to hide the GP partner return metrics if you so requireSecurity Options: You can set a passkey for your model so your audience will have to enter the passkey in order to access the published linkLP Specific Links: If you have defined multiple LP's, you can create an LP-specific link that will hide the LP returns for all other LP's. (Enterprise Plan only)Custom Link: You can override the Fund Forecasting generated link identified with a more friendly name (for e.g. your fund's name). (Enterprise Plan only)Standard DisclaimerIf you are sharing a forward-looking model with potential investors, please consider using any of the following disclaimers. Introduction to Fund Forecasting This model was prepared using the Fund Forecasting software - a best-in-class fund modeling and performance forecasting platform built specifically for venture funds. Please refer to Fund Forecasting's Documentation Center for further guidance on the model logic, particularly the Construction Methodology for more information on the logical flow of the model. DisclaimersProjections are not prepared with a view toward public disclosure or compliance with the guidelines of the SEC or the American Institute of Certified Public Accountants.Independent public accountants have not examined nor compiled any Projections, and have not expressed an opinion or assurance with respect to the figures.Fund Forecasting or [FUND] has not warranted the accuracy or reliability of the Projections to anyone.Fund Forecasting or [FUND] makes no representation that the financial forecasts will be achieved.Fund Forecasting or [FUND] undertakes no obligation to assess the veracity of the Projections.Investors are cautioned not to rely on the information in making a decision regarding the Offerings.Projections are inherently forward-looking statements subject to standard risks and uncertainties.Investors should verify any issuer information they consider important before making an investment.Investments in venture funds are particularly risky and may result in a total loss of invested capital.Fund Forecasting or [FUND] does not verify information provided by companies on the Site and makes no assurance as to the completeness or accuracy of any such information. (396 words)
- [Portfolio Management - Custom Views | support.carta.com](/content/support/kb/guide/en/portfolio-management-custom-views-egsa0lwvus/steps/4213415/index.html): Custom ViewsCustom Views enable you to create different column configurations for the investments table Given the more than 200 reporting fields available for your portfolio companies, you may want to create column configurations that highlight different facets of reporting (for e.g. a "qualitative" view, or a "valuation" view")To create a custom view:Click on ColumnsCheck the desired fields you want in the custom viewClick on SaveSaving as Default means the next time you load the investments table, this is the view that will be loadedSaving as *New Custom View- enables you to save the current column configuration under a custom nameSaving as *Existing Custom View- enables you to overwrite a prior column configurationDownloading a ReportThe portfolio summary report enables you to download an Excel report of the investment table. You can configure the portfolio summary report to load the column configurations from a custom view. - Go to Reports > Portfolio Summary - Click on Customize - Click *Load Investments View >- and select the desired custom view (184 words)
- [Portfolio Construction - Fractional investments | support.carta.com](/content/support/kb/guide/en/portfolio-construction-fractional-investments-szufvu3bh0/steps/4213451/index.html): Fractional investmentsWhy are the number of investments fractions?Fund Forecasting's calculation logic attempts to deploy all of your available capital. This can commonly lead to investments being fractions. For example, if your model is deploying $10mm capital but the check sizes are $1.5mm, the result will be 6.67 investments. By hiding the decimals into integers, we don't want you to get tripped up by rounding. Our calculation engine computes out decimals, so rounding figures up (or down) loses some accuracy and can end up implying some "unused capital" for your fund. So we've decided to be as transparent as possible to show you exactly the number of investments implied, so the totals can all match up over the dashboard. In our experience, LPs completely understand the uncertain and probabilistic nature of fund level forecasts, and fractional investments should not be confusing to the audience. (145 words)
- [Technical - Technical Limitations | support.carta.com](/content/support/kb/guide/en/technical-technical-limitations-uhvwebokcr/steps/4213430/index.html): Technical LimitationsRecommended Technical SpecificationsWe recommend using the following browsers for Fund Forecasting:Google Chrome: 55 and higherSafari: 49 and higherFirefox: 10 and higherGiven Fund Forecasting's quantitative heavy dashboards, mobile devices are not fully supported currently. Please use Fund Forecasting in a desktop environment.Performance LimitsThere are certain limits of the Fund Forecasting model that are in place to ensure there are no performance impacts when calculating and processing your fund data.LimitLimitInvestments per fund vehicle400KPIs per investment100Performance cases per investment10Number of performance cases per fund500Number of investments importable with Bulk Import wizard400Number of rows in the Bulk Import wizard1000Number of Fund of Funds investments per vehicle10Vehicles in Multi-Funds Views5Number of Documents per Fund in Document Center200 (Solo Plan) 2000 (Enterprise Plan)Maximum File Size per file in Document Center10MB (Solo Plan) 50MB (Enterprise Plan)Please note that in rare instances if your fund is close to or has hit one of the limits above (for e.g. 400 investments per vehicle or 500 performance cases per vehicle), you may see performance lagginess in Multi-Fund Views or Fund of Funds features as these are computationally intensive processes that calculate performance of multiple funds together.Concurrent Users WarningIf multiple users are concurrently changing data for a fund, Fund Forecasting will honor the last saved  change for an investment or a fund. This might result in not all the changes being captured if one of the users does not have the latest session data. Recommendation: Please avoid having multiple users change data at the same time. The best practice is to have one single user editing at a time, while other users are viewing in read-only mode. (298 words)
- [Portfolio Management - Performance Cases | support.carta.com](/content/support/kb/guide/en/portfolio-management-performance-cases-pruxd78py3/steps/4213388/index.html): Performance CasesWhat are Performance Cases?When underwriting an investment, managers typically build multiple cases for each investment for e.g., Low Case, Base Case, Upside Case - and each case might have different funding and exit profiles. These cases are assigned a probability and a weighted average probability across all the cases is computed to determine expected returns and follow-on reserves for each deal. Why is this important? Managers usually model multiple risks simultaneously in their underwriting process:Funding Risk: risk of a company not able to raise subsequent funding roundsMarket Risk: risk that exit valuations or future round valuations may not be as expectedTiming Risk: risk that a company takes far longer to reach desired performance levels than expectedBy evaluating a weighted probability profile for the investment - managers can better determine reserves needed and expected returns for each deal. And as the investment matures, these case probabilities can be adjusted or tweaked to continuously monitor the investment risk.Adding New Performance CasesClick on + Add CaseDefine the case i.e. change the rounds for this case (graduations, exit values) to match your expectationsEnter the probability for caseHow many cases can an investment have?Each investment must have at-least 1 case defined. You can have up to 10 cases each investment.How are Case Probabilities different than Graduation Rates?Case Probabilities are simply the likelihood of the entire case occurring. Graduations Rates are the probability of an event occurring within a case. For e.g., you may want to put a 40% probability for an investment graduating from the Seed to Series A case for the Base Case, and a 70% probability of the same event occurring in the Upside Case. With cases, managers can now fully model all expected investment performance profiles for each investment - and see return results on their fund's dashboard.Common actionsWhen working with multiple performance cases you might come across situations where you want to quickly clone, copy or make changes to one performance case based on others. Each performance case has a Actions section that provides access to common scenarios.Description: Enter a text-based description for this caseMarketIntel: Access comps on round sizes and valuations from market dataFuture: Add future rounds from an existing Sector Profile. Tactyc will add future rounds after the last historical actual roundClone: Clone all the rounds from another performance case to the current performance caseSync: Replace the current historical rounds (i.e. any rounds that occur in the past) with the historical rounds from another case. This is useful if the portfolio company raised a new round and you want to update this across all your performance cases. Simply add this new round to one case, and then sync the other cases with this case.100%: This will set all the round graduation rates to 100%Results: Shows a summary of all performance related metrics related to this case (MOICS, investment levels, status etc.)Notes: Lets you add a note specific to this performance case. (509 words)
- [Portfolio Management - Warrants | support.carta.com](/content/support/kb/guide/en/portfolio-management-warrants-m3ntszekpn/steps/4213406/index.html): WarrantsBest practices on working with warrantsMethod 1: Adding a New Round for WarrantsAdd a New Round to account for the warrants.Security Type: OtherInvestment Amount: Price paid for warrantsRound Size: Same as investment amountValuation: The implied valuation of the company at the exercise priceYou may also choose to enter data in the Share Mode where you can specify:Share Price: Exercise Price Shares Purchased: Shares purchased via warrants Total Shares Owned: Total shares owned post-warrants exerciseTotal Shares Issue: Shares purchased via warrantsFully Diluted Shares Outstanding: Shares outstanding at the company after warrant exerciseThe aggregate valuation of the company will reset to the exercise price, so the next step is to add a Valuation Update event to recalibrate the aggregate valuation to the current aggregate valuation. Method 2: Ownership UpdateAlternatively, you can also simply add an Ownership Update event to reflect the new ownership in the company post-warrants. In this approach, the price paid for the warrants is not captured in the invested amount into the company. (177 words)
- [API and Integrations - Adding Multiple Investments | support.carta.com](/content/support/kb/guide/en/api-and-integrations-adding-multiple-investments-dqbmclltbl/steps/4213397/index.html): Adding Multiple InvestmentsMethod and URLURLhttps://tactycapi.com/api/fund/{{FUND_ID}}/investmentsMethodPOSTSample Request Header#ADDING AN SINGLE INVESTMENT

curl https://tactycapi.com/api/fund/{{FUND_ID}}/investment
-X POST
-H 'Authorization:{{API KEY}}'Sample Request BodyThe body of your API request must be an array of JSON field contain the following required fields:Name: Name of the portfolio company (string)Investment Date: Date of the investment. Must be in "MMM-YYYY" format, for e.g. "Jan-2023" (string)Investment Month: Month of the investment between 1 and 12 where 1 = January and 12 =Round: The name of the round for e.g. "Seed" (string)Amount: Amount invested (number)Pre-Money Valuation: Pre-Money Valuation of the round. For SAFEs or Convertible Notes enter the cap instead (number)Round Size: The financing raised by the company in this round (number)Exit Month (Optional): Months to exit since the roundExit Valuation (Optional): Company valuation at exit#SAMPLE BODY IN REQUEST
[
  {
      "investmentDate": "Mar-2023",
      "name": "Epsilon2",
      "round": "Seed",
      "amount": 1000000.0,
      "preMoneyValuation": 10000000.0,
      "roundSize": 2000000,
      "sector": ["FinTech", "SaaS"],
      "tags": "FinTech, Saas",
      "exitMonth": 60,
      "exitValuation:: 100000000
  },
     {
      "investmentDate": "Mar-2023",
      "name": "Epsilon3",
      "round": "Seed",
      "amount": 1000000.0,
      "preMoneyValuation": 10000000.0,
      "roundSize": 2000000,
      "sector": ["FinTech", "SaaS"],
      "tags": "FinTech, Saas",
      "exitMonth": 60,
      "exitValuation:: 100000000
  }
]
```Sample ResponseA successful creation of a new investment will result in the following response with a status code of 200. The output fields in the response are for each investment:Investment ID: Identifier for this investment within Fund Forecasting's fund instance. This is unique across investments but is not unique across performance cases.Case ID: This is a unique ID for each performance case defined for an investment. By default each investment must have atleast 1 performance case.{
   "status": 200,
   "body": [
       {
           "investmentId": "IDUVOJChyH",
           "caseId": "dckTftcwp",
           "name": "Epsilon2"
       },
       {
           "investmentId": "-Z6ec8GrkZ",
           "caseId": "D1Pxci3aRJ",
           "name": "Epsilon3"
       }
    ]
} (306 words)
- [Portfolio Management - Bulk Update Options | support.carta.com](/content/support/kb/guide/en/portfolio-management-bulk-update-options-hidk3yaxuo/steps/4213387/index.html): Bulk Update OptionsPeriodically, you may want to “bulk update” multiple investments quickly. For e.g. changing assumptions for future funding rounds, future exit scenarios and probabilities or updating sector, commentary etc. Fund Forecasting offers a range of “bulk update” options that are available from the Bulk Imports & Updates dropdown from your investments page.Update RoundsThe Planning View enables you to change assumptions for rounds within an investment.Click on Planning View from our investments pageSelect whether you’d like to edit Historical or Future RoundsSelect the parameters you’d like to edit (for e.g. Investment Amount, Round Size, Valuations, Graduation Rates etc.)Enter your updates and click SaveUpdate QualitativeThe Bulk Update Qualitative Data option enables you to mass update all metadata associated with your investments (for e.g. Sector, Geography, Commentary, Tags etc.).Click on Bulk Import > Qualitative Data from your investments pageDownload the Excel templateFill out the Excel template offline with updated dateUpload the completed Excel templateUpdate FMVPeriodically, you may also want to update the FMV and ownership % for each deal. Typically this requires a Valuation Update or an to be added for each investment. The FMV Update option enables you to mass update ownerships and valuations for multiple investments at once.Click FMV Update from your investments pageSelect the date of update and where you are entering FMV (value of the fund’s holdings) or Aggregate Valuation (total equity value of the company)Enter the latest data and click Save. Fund Forecasting will automatically apply the Valuation Update and Ownership Update events into each investment accordingly.  (268 words)
- [Advanced - Construction Methodology | support.carta.com](/content/support/kb/guide/en/advanced-construction-methodology-xd9w0h32dm/steps/4213419/index.html): Construction MethodologyThe following summary illustrates the Fund Forecasting logic. Please reach out to us at fund-forecasting@carta.com if you would like further detail.Portfolio ConstructionThe Fund Forecasting modeling methodology is a step-based process based on the parameters set forth in the Construction Wizard. It's important to understand that Fund Forecasting does not forecast an investment line by line (that only happens for actual investments you've added to the portfolio). Instead, the model calculates the "average" cash flows for each of your Allocations. 1. Determine Investable Capital Investable Capital is determined by netting fees and expenses from the committed capital. Any forecasted proceeds from exit recycling are also included in this calculation and increase investable capital. 2. Create Allocations Investable Capital is then segmented into different allocations (such as Seed Investments or Series A Investments). These allocations are further categorized by Initial- and Follow On- capital available in each allocation. 3. Projecting Initial Investments All initial investments are projected on a monthly straight-line basis by the cadence defined for each allocation. 4. Projecting Follow-On Investments The follow-on check sizes defined for each allocation are weighted by the current round's graduation rates to develop a probabilistic level of follow-on investments. 5. Projecting Exits and Failures The exit values defined for each round are weighted by exit rates at each round to develop a probabilistic level of realized exit proceeds. All investments that do not graduate or exit are assumed to fail at a 0.0x multiple of their initial investment. 6. Computing Return Metrics Exit proceeds are then computed against the fund's waterfall to determine proceeds to LPs and GP's. These cash flows are then used to determine IRR, return multiples, TVPI, and other return metrics. (278 words)
- [Portfolio Construction - How are Tactyc metrics calculated- | support.carta.com](/content/support/kb/guide/en/portfolio-construction-how-are-tactyc-metrics-calculated-1rj6lccsef/steps/4213433/index.html): How are Fund Forecasting metrics calculated?Fund Forecasting uses the ILPA guidelines for calculation of main performance metrics such as multiples and IRR. In certain advanced cases, where the ILPA guidelines are unclear or open to interpretation (for e.g. the treatment of recycling or dividends), we use the following methodologies.Basic CalculationsRealized Proceeds = Realized Exits - Realized DividendsUnrealized Fair Market Value = Sum of unrealized FMV of all active investmentsTotal Fund Value = Realized Proceeds - Unrealized Fair Market Value - Remaining CashGross MOIC = Total Fund Value / (Total Invested Capital incl. recycled investments)Gross IRR is computed based on the following cashflows:Cash outflow = Cash into investments (incl. any recycled investments)Cash inflow = Realized exits - Realized Dividends - Unrealized FMVNet LP IRR is computed based on the following cashflows:Cash outflow = LP Capital CallsCash inflow = Distributions to LPsDPI = Distributions to LP / Called Capital from LPsRVPI = Unrealized Fair Market Value*- attributable to LPs / Called Capital from LPs**TVPI = DPI - RVPILine of Credit ImpactsIn cases where there is a capital credit facility in place, the DPI, RVPI, and TVPI calculations also include the outstanding balance on the credit facility in the denominator. (214 words)
- [Portfolio Construction - Construction vs | support.carta.com](/content/support/kb/guide/en/portfolio-construction-construction-vs-aeqavhfso9/steps/4213429/index.html): Construction vs. Current ForecastsConstruction Forecast - is a world without any investments. The model's time is reset to Month 0 and no actual investments are taken into account when computing fund performance. This is your "original" plan. Current Forecast - is the model taking into account actual investments - projecting future investments based on your remaining capital. To flip between either views, toggle the view from the Fund Header.Why is my number of investments different between Construction and Current Forecasts?Your number of projected investments may actually change in the Current Forecast vs. Construction Forecast, as in the Current Forecast the system will take into account capital deployed into actual investments to determine remaining capital. The remaining capital is then deployed based on the check sizes defined in construction - and if there is not enough remaining capital, then your projected investments may end up being lower than your construction forecast. An example: Let's say your original construction projection estimates 20 initial investments. You've since closed on 5 actual deals. The Current Projection is developed as follows:Determine how much capital is left over after the 5 investmentsFor the remaining capital, assume you'll continue to make investments as per your construction planDevelop a new projection for how many deals you'll end up with - expected performance at the end of the fund's life.Note: If the current projection deviates meaningfully from the original construction plan, this implies your actual deals may not be in line with construction parameters such as check sizes, valuation etc.When I go back to my construction wizard why does the number of investment differ from construction?If your fund has deployed capital towards actual investments, the wizard will only show what the fund is capable of doing on the remaining capital. For example, if your current projected number of deals is 50 and the fund has done 10 deals to date, the remaining 40 deals are projected based on your remaining capital. By changing the allocations in the construction wizard, you can influence these remaining capital that is undeployed but the original 10 deals are untouched. (355 words)
- [Portfolio Construction - No or very little recycled proceeds | support.carta.com](/content/support/kb/guide/en/portfolio-construction-no-or-very-little-recycled-proceeds-ho62kri2f2/steps/4213438/index.html): No or very little recycled proceedsI have turned on recycling assumptions but my fund shows no or very little recycled proceeds If you have turned on recycling provisions for your fund but still see zero recycling (or not enough recycling), there may be a few reasons why this is occurring.In order for exit proceeds to be recycled a few conditions need to be met:Condition 1: There should be enough exits within the investment window (for initial and following investments). If exits are coming in far too late, then there is nowhere for those exit proceeds to be recycled into.Condition 2: There should be enough exits within the recycling window.Finally, if the amount needed for investments within a given period is far lower than the exit proceeds - then the model will only recycle the minimum amount needed to pay for investments. For e.g., if you have $1mm of exit proceeds in a given month but only have $100k of investment within the same month - only $100k will be recycled.A note about exit proceeds from actual investments:If an actual investment that you have defined has been sold, and you have recycled the exit proceeds from that deal, Fund Forecasting will try to recycle those exit proceeds if there is another investment occurring within the same month.If there is no investment occurring within the same month, then those exit proceeds will not be recycled.Note that you can always manually update the actual amount recycled, by updating the model for actuals and updating the Exit Proceeds Recycled row. (265 words)
- [Portfolio Management - Investment MOICs | support.carta.com](/content/support/kb/guide/en/portfolio-management-investment-moics-64hhf4jeza/steps/4213402/index.html): Investment MOICsManage MOICs more thoroughly with Fund Forecasting’s Portfolio Management Tools allowing you to track seven different MOIC calculations for each investment. MOICs are a common indicator for evaluating investment performance - however there isn’t one MOIC that is the industry standard. Instead we’ve seen MOICs come in all flavors and depending on your fund profile you may want to track each of these MOIC calculations. There are seven different MOIC calculations in Fund Forecasting for each investment and each represents a different and nuanced performance view of the investment:Current MOIC = (Unrealized FMV today + Realized Proceeds ) / (Total Invested Capital to Date) This represents the MOIC today on total invested capital to date. i.e. the return for every $1 of investmentCurrent MOIC on Initial = Current Share Price / Purchase Price at Entry Round Represents the MOIC on only the initial investment i.e. excluding any follow-on investments i.e. the return for every $1 of initial investmentCurrent MOIC on Deployed Reserves = Current Share Price / Weighted Average Purchase Price Per Share in Follow-Ons Rounds Represents the performance of the deployed reserves to date i.e. the return for every $1 of follow-on investments to dateExit MOIC = Expected Exit Proceeds / Expected Total Invested Capital By Exit Represents the expected MOIC at exit on the total invested capital i.e. the expected return at exit for every $1 of investmentExit MOIC on Initial = Expected Exit Share Price / Purchase Price at Entry Round Represents the expected MOIC at exit on the initial investment only i.e. the expected return at exit for every $1 of initial investment onlyExit MOIC on Follow-Ons = Expected Exit Share Price / Weighted Average Purchase Price Per Share in Follow-Ons Rounds Represents the expected MOIC at exit on the follow-on investments only i.e. the expected return at exit for every $1 of follow-on investment onlyExit MOIC on Planned Reserves = Expected Exit Share Price / Weighted Average Purchase Price Per Share of Future Follow-Ons Represents the performance we expect on the future reserves i.e. the expected return for every $1 of future follow-on investments. (351 words)
- [Portfolio Management - KPI Request Form FAQs | support.carta.com](/content/support/kb/guide/en/portfolio-management-kpi-request-form-faqs-xyguqqotnp/steps/4213420/index.html): KPI Request Form FAQsWhat is Fund Forecasting? Fund Forecasting is a portfolio modeling, portfolio management, and reporting platform for venture funds. Why am I receiving this request for data? One of your investors is a Fund Forecasting customer and uses Fund Forecasting to collect KPI data. Who do I contact if I have questions? Your contact at the fund requesting this data. Can I reuse this link multiple times to submit data? No, once this data is submitted the link will no longer work. You’ll receive a new link for the next KPI Request. What if I think this is spam or someone posing as my investor? Contact your VC Fund to confirm they sent the request. What kind of documents can be attached in this form? Fund Forecasting accepts PDF, XLS, DOCX I noticed a bug. How should I report? Please email fund-forecasting@carta.com. I like using this form, should I tell my investors about Fund Forecasting? Yes we would love a referral! Fund Forecasting works with funds of all sizes globally. (165 words)
- [Advanced - Disable Automatic Projection | support.carta.com](/content/support/kb/guide/en/advanced-disable-automatic-projection-53suzdlg3y/steps/4213416/index.html): Disable Automatic ProjectionHow to reflect only actual investments in the Fund Forecasting modelBy default, Fund Forecasting's methodology is as follows:Actual deployed or planned capital is assumed to perform as per the actual investments you have defined in the Investments section.Un-deployed capital is assumed to perform as per the original construction plan, i.e., the performance of your Allocations in the Construction Wizard.These two pools of capital are blended together to come up with the Current Forecast. Disabling automatic projection in the Current Forecast onlyGo to Construction Wizard > AllocationsClick on Disable Automatic Projections on the right corner of the windowClick OKFund Forecasting will now no longer project any future investments on its own; only actual investments will be included in the Current Forecast. The original Construction Forecast will remain unchanged. Disabling automatic projection for both the Current and Construction ForecastsGo to Construction Wizard > Allocations.Delete all your Allocations.Click Complete.Please note in this configuration, the Construction Forecast is meaningless. The Current Forecast will be populated on the fund's dashboard and only reflect the performance of actual investments. (189 words)
- [Annual Equity Report 2021 by Carta](/content/data/equity-report-2021/index.html): Analysis of equity distribution by gender, race, and ethnicity (3,885 words)
- [Portfolio Management - Valuation Analysis | support.carta.com](/content/support/kb/guide/en/portfolio-management-valuation-analysis-khn6whvmic/steps/4213409/index.html): Valuation AnalysisAutomated Valuation Multiple Analysis Fund Forecasting will automatically compute valuation multiples on collected KPIs by matching up the KPI provided at each date with the valuation of the company as of that date. This can be useful if your fund runs analysis on "average entry valuation multiple" by round, sector, or geography.Go to KPI Manager > Valuation AnalysisSelect a KPI metric to compute valuation on and set up any additional filters such as entry round, sector, geography, etc.Fund Forecasting will now automatically summarize the revenue multiple over each company's financing history. (96 words)
- [Portfolio Construction - Reserve sizing | support.carta.com](/content/support/kb/guide/en/portfolio-construction-reserve-sizing-qyeqyl0shq/steps/4213407/index.html): Reserve sizingFund Forecasting calculates your fund's expected reserve ratios instead of having you enter it. This ensures there is no "left-over" capital and enables you to "build up" to the ideal reserve ratio from more granular assumptions. Follow-on reserves are calculated based on:Number of graduations (this comes from the Sector Profile)Follow-on strategy defined in each allocation. This includes:Follow-on check sizes amountsHow many rounds will your fund be follow-on for an allocation?How often will you be following-on for this allocation?How to define follow-on strategies?Follow-on strategies are defined at each Allocation. In the Follow-on Strategy section of the allocation, you can set the follow-on amounts, or choose to maintain your pro-rata ownership.My calculated follow-on reserve % is too low (or too high), how do I adjust this?If the fund's reserve ratio doesn't line up with your expectations, here are some strategies to use:If your reserves are too low, increase the follow-on check sizes or follow-on participation %If the above method still doesn't give you expected reserve ratio, revisit the Sector Profiles and adjust the Graduation Rate and Exit Rates. Fund Forecasting will only follow-on into graduated companies. So if you adjust your model's graduation rates, you can increase or decrease the number of follow-ons demanded in your portfolio. Please keep in mind this is a "macro" change and implies your view on the sector may have now changed as well. (240 words)
- [How to optimize distributions with Automated Money Movement | support.carta.com](/content/support/kb/guide/en/how-to-optimize-distributions-with-automated-money-movement-4fmpgf3uj0/steps/4461422/index.html): How to optimize distributions with Automated Money MovementWatch this video to learn how Automated Money Movement works for distributions. Video timestamps:0:11 - Benefits0:22 - How the solution works1:36 - How to track distribution status1:53 - How to authorize distributions for remaining investors (75 words)
- [General - Contact Us | support.carta.com](/content/support/kb/guide/en/general-contact-us-rjj2sfra8o/steps/4213439/index.html): Contact UsOur support team is available to help you build and manage your fund on Fund Forecasting, or to address any questions you may have that may not be addressed in this documentation. Please contact us at the email address below to get support. Support: fund-forecasting@carta.comResponse times2-24 hoursWhen contacting usPlease provide us with the name of your fund on Fund ForecastingPlease provide us with a screenshot and/or description of how we can replicate or see your issue (83 words)
- [API and Integrations - API Overview | support.carta.com](/content/support/kb/guide/en/api-and-integrations-api-overview-tepy1y49eb/steps/4213412/index.html): API OverviewPlease note this is a beta feature and subject to changes before a wide release.If you want to pull data into Fund Forecasting, we recommend using the *Bulk Import- options. If you want to pull data out of Fund Forecasting, we recommend using the Excel or PDF reports and export options. Use the API if you want to programmatically add a new investment into your Fund Forecasting fund model.RequirementsPlease contact us at fund-forecasting@carta.com to receive an API Key.Take a note of the fund ID that you want to programmatically add investments into. This is available under the Fund ID column from your Fund Forecasting home screen.Formulating the Request HeaderHeader must have the following key pair:Key: AuthorizationValue: Your API Key#FORMULATING THE HEADER WITH FUND ID AND API KEY. REPLACE THE VALUE WITHIN {{ }} WITH #YOUR FUND ID AND API KEY

curl https://tactycapi.com/api/fund/{{FUND_ID}}/investment 
-X POST 
-H 'Authorization:{{API KEY}}'Quick Start MethodsAdding a Single InvestmentAdding Multiple InvestmentsFund Configuration and MetadataPerformance MetricsPerformance SummaryInvestment CashflowsKPI MetricsUpdate KPI Metrics (113 words)
- [Portfolio Construction - Downloading Charts | support.carta.com](/content/support/kb/guide/en/portfolio-construction-downloading-charts-dz68pjz34n/steps/4213418/index.html): Downloading ChartsAny chart on Fund Forecasting can be downloaded for offline use. Supported formats are usually PDF, images, and Excel. To download a dashboard chart into a PDF, image, or Excel data, hover onto the chart to open the Chart Menu. Select the appropriate option to download the chart.Excel WarningPlease note that when using the XLS option, Microsoft Excel may show a warning asking if you can trust the source. Please click Yes to open an Excel table containing the chart data. (85 words)
- [API and Integrations - Fund Configuration and Metadata | support.carta.com](/content/support/kb/guide/en/api-and-integrations-fund-configuration-and-metadata-llzdbnat4n/steps/4213400/index.html): Fund Configuration and MetadataGet a fund's configuration and parameters programmatically.Method and URLURLhttps://tactycapi.com/api/v2/fund/{{FUND_ID}}MethodPOSTParamsFund ID: The fund's unique ID identifier.Sample RequestThe following is a sample request:// Sample request
curl https://tactycapi.com/api/v2/fund/{{FUND_ID}}
 -X POST
 -H 'Authorization:{{API KEY}}'Sample ResponseThe response will provide the following fields:Status Code: 200 for a succesful responseBody: JSON array of KPIs for each investmentMetrics provided are:id: Fund IDgeneral: General Configuration parameters for the fund modelname: Name of the fundstartDate: Start date of the fundendDate: End date of the fundcommittedCapital: Size of the fundinvestments: Array of all investment related data in the fundEach array contains an object for a single portfolio company. The object has the following properties:id: Internal unique ID related to the company and its scenarioinvestmentId: internal unique ID related to the portfolio companyscenarioName: The name of the performance case associated with this portfolio companyprobPerc: The probabiliy of this performance casestages: Funding and Valuation metrics related the stages of the portfolio compay. Each stage has a preMoneyValuation and roundSize field along with the time it takes to graduate or exit from this stage.```json

{
    "status": 200,
    "body": {
        "id": "uIM6t9co-",
        "vanity": [
            "venturemanager",
            "3865"
        ],
        "createdBy": "admin@tactyc.io",
        "createdAt": "2021-11-01T17:04:55.000Z",
        "deletedAt": null,
        "deletedBy": null,
        "updatedAt": "2024-04-08T15:43:01.000Z",
        "publishStatus": "published",
        "password": null,
        "general": {
            "name": "Quantum Ventures II L.P.",
            "notes": "Master Model.",
            "endDate": "2120-01-01T00:00:00.000Z",
            "cashless": 0.2,
            "currency": "USD",
            "fundType": "traditional",
            "startDate": "2022-01-01T00:00:00.000Z",
            "unusedFee": 0.0002,
            "facilityTerm": 60,
            "interestRate": 0.0825,
            "unusedFeeLoc": 0.0125,
            "committedCapital": 200000000,
            "maxRepaymentTerm": 6,
            "lpCommittmentPerc": 0.98,
            "creditFacilitySize": 0,
            "capitalCallSchedule": "quarterly",
```
``` (270 words)
- [Portfolio Management - Best Practices on Performance Cases | support.carta.com](/content/support/kb/guide/en/portfolio-management-best-practices-on-performance-cases-lmhjbv3emc/steps/4213396/index.html): Best Practices on Performance CasesPerformance cases offer flexibility in how you want to model an investment's forecast. We recommend picking one of the following 3 approaches to manage performance cases for an investment.Approach 1: Single case with graduation ratesLevel of Effort: Low  Build only one case and the performance risk is captured in the *graduation rates- of the forecasted rounds.Approach 2: Multiple cases with 100% graduation ratesLevel of Effort: Low  Build multiple cases and the performance risk of the investment is captured in the case probabilities of each case.Approach 3: Multiple cases with custom graduation ratesLevel of Effort: High  Build multiple performance cases and the performance risk is captured in both the case probabilities and the graduation rates within each case. This gives you the greatest control - for e.g., you may model an Upside case that has a higher likelihood of graduations than the Base case. (154 words)
- [Portfolio Construction - Liquidation at the end of fund's life | support.carta.com](/content/support/kb/guide/en/portfolio-construction-liquidation-at-the-end-of-funds-life-c33bpwkwpe/steps/4213395/index.html): Liquidation at the end of fund's lifeIf your fund has a fixed term defined in the General section of the Construction Wizard, it is likely that you will see the model "liquidate" all the active investments on the last month. The liquidation is done:based on the Fair Market Value of the active investment in the last month.the investment is reported as exited as of its latest round.If your fund's return seems low, extending the term of the fund may help as it gives all your investments enough runway to fully reach their exit potential instead of being sold off too early.How is the Fair Market Value determined?The FMV is determined based on the Post-Money Valuation- of each investment x Ownership (%)- in each investment. So if you have an active investment with a Post-Money Valuation of $100mm and a 10% ownership, the FMV would be $10mm.What if I have an investment that is supposed to exit after the fund's end date?If you've defined an investment that has future rounds or exits beyond the fund's end date, you will see warning messages for these rounds that denote the round occurs after the fund's end date.These exits will not be included in the cash flows of the model - and instead the investment will be liquidated based on the prevailing FMV on the last month. I don't want Fund Forecasting to liquidate. Instead I want the investments to run to their full expected Exit value.Please remove the fund end date from the General section of the Construction Wizard so the investments can run to their expected exits in the future. (243 words)
- [Portfolio Construction - Getting Started | support.carta.com](/content/support/kb/guide/en/portfolio-construction-getting-started-qcmlkfocxy/steps/4213414/index.html): Getting StartedStarting your first fund on Fund ForecastingClick on Create a New Fund from your home pageFund Forecasting will present pre-defined templates based on popular fund strategiesSelect the option appropriate for your fund size to open the Construction WizardStep through each section of the wizard and click Complete once done to finish constructing your first fund. (61 words)
- [Portfolio Management - Using Deal Tags | support.carta.com](/content/support/kb/guide/en/portfolio-management-using-deal-tags-hkchqbun7e/steps/4213389/index.html): Using Deal TagsDeal tags enable you to evaluate performance metrics for sub-sections of your entire fund’s portfolio.  Deal tags are a quick and easy way to label deals with custom tags relevant for your fund. Your fund's entire portfolio can then be filtered for specific tags.Adding a Deal TagOpen an existing investment and click on Edit Information.Under Deal Tags, you can either select a tag from the pre-defined list or create your own by typing a new tag name.You can add multiple tags to each deal.Filtering on TagsOn the main Investments Table:Expose the Tags column using the Columns button (if Tags are not already shown on your investments table).Filter on specific tags to only show matching companies within each tag.Tag PerformancePerformance by Tags are also available under Portfolio Insights. (140 words)
- [How SVB's collapse could impact private-market policy | Carta](/content/sg/en/policy/silicon-valley-bank/index.html): The failure occurred in the banking system, but its effects will not stop there. The turmoil will affect and inform how the SEC and Congress approach venture capital and private market policy. (2,216 words)
- [Portfolio Construction - Exit Recycling | support.carta.com](/content/support/kb/guide/en/portfolio-construction-exit-recycling-4dzfhqfnrn/steps/4213404/index.html): Exit RecyclingOptional section if your fund supports future exit proceeds to be re-invested back into new investments.Turning on the Exit Recycling provision.Enter the following information:What percentage of exit proceeds can be recycled each period? (%): This is typically 100%What is the most the fund can recycle in total? (as a % of committed capital): The max amount of exit proceeds that can be recycled. Expressed as a multiple of committed capital. For example: a 50% cap implies the fund can recycle up to half its committed capital from exit proceeds.The term of the recycling: i.e. over what timeframe can the fund recycle exit proceeds?Allow fund to recycle future exit proceeds ahead of time: If this is checked, the fund will aggressively make new investments in initial years in anticipation of future exits. If this is unchecked, the fund will wait for exits to occur before recycling can begin.What is the difference between Exit Recycling and Management Fee Recycling?Both Management Fee and Exit Recycling will recycle exit proceeds into new or follow-on investments. The only difference between both these methods is the cap up to which the exits can be recycled.Management fee recycling means the fund can recycle exit proceeds up to the level of management fees earned to date.Exit proceeds recycling means, the fund can recycle exit proceeds until a certain cap of committed capital is reached. This cap is typically expressed as a % of committed capital. A fund could exercise both these provisions in their LPA, if they choose to. (263 words)
- [Portfolio Management - Document Center | support.carta.com](/content/support/kb/guide/en/portfolio-management-document-center-qakdo5mza1/steps/4213431/index.html): Document CenterFund Forecasting's Document Center enables you to manage and track deal or fund related documents in one place.How to add a document?Go Documents from the sidebar.Click on Add Document.Give the document a name, tag it to an investment, and categorize it (you can create a new category too). This step is optional.How to add multiple documents?Go Documents from the sidebar.Click on Bulk Upload.Tag the document to an investment (optional). (79 words)
- [Account Administration - Login Credentials (NEED NEW URL) | support.carta.com](/content/support/kb/guide/en/account-administration-login-credentials-need-new-url-jkhd2fknpc/steps/4213405/index.html): Login CredentialsTo change your Carta passwordGo to fund-forecasting.app.carta.comClick on Login with Carta. If you're automatically signed in from a prior session, please logout and try again.Click on Forgot Password? and enter your email addressYou will receive an email to reset your password. (47 words)
- [Portfolio Management - Investments Table | support.carta.com](/content/support/kb/guide/en/portfolio-management-investments-table-gtxd7hr0un/steps/4213403/index.html): Investments TableA consolidated view of all portfolio companies and their metrics The investments table is a singular view of your entire portfolio of actual investments.Features of the investments tableSee here for a summary of all available fields in the investment reporting metricsSee for the various MOIC calculations available for each companySee here for how to use the time machine to rollback the fund's clockSee here for how to create custom column configurationsSee here for how to use Deal TagsSee here for how to create Custom Fields (94 words)
- [API and Integrations - Investment Cashflows | support.carta.com](/content/support/kb/guide/en/api-and-integrations-investment-cashflows-vzuylzsjc6/steps/4213384/index.html): Investment CashflowsGet an investment's cashflows programmatically. Method and URLURLhttps://tactycapi.com/api/investment-cashflows/fund/{{FUND_ID}}MethodGETParamsFund ID: The fund's unique ID identifier.Sample RequestThe following is a sample request to query the first 12 months performance// Sample request
curl https://tactycapi.com/api/investment-cashflows/{{FUND_ID}}
 -X GET
 -H 'Authorization:{{API KEY}}'Sample ResponseThe response will provide the following fields:Status Code: 200 for a succesful responseBody: JSON array of cash flow events for each investmentMetrics provided are:id: Internal Fund Forecasting IDinvestmentId: Internal Fund Forecasting ID for the investmentinvestmentName: Company NamescenarioName: Name of the performance caseprobability: Performance case probabilityvalue: Cash flow value in fund currencydate: Date of the cash flow eventperiod: Number of months since the fund's start datetype: Initial, Follow-On, Dividend or Exit```json
{
    "status": 200,
    "body": [
        {
            "id": "ITJlpIeNy",
            "investmentId": "ksf7HDgwvKv",
            "investmentName": "AlphaTech",
            "probability": 0.2,
            "scenarioName": "Base",
            "value": 1500000,
            "date": "Jan-2021",
            "period": 0,
            "type": "initial"
        },
        {
            "id": "A8d2ObVN2Y",
            "investmentId": "vBGvl4ybp",
            "investmentName": "EchelonTech",
            "probability": 1,
            "scenarioName": "Base",
            "value": 1000000,
            "date": "Jan-2021",
            "period": 0,
            "type": "initial"
``` (177 words)
- [Technical - Recommendations | support.carta.com](/content/support/kb/guide/en/technical-recommendations-1gfydxaf5i/steps/4213410/index.html): RecommendationsRecommended Technical SpecificationsAll of Fund Forecasting computations are done in software code (i.e. JavaScript/TypeScript) and on your browser. The speed and performance of your user experience depends heavily on your browser version. We recommend using the following browsers for Fund Forecasting:Google Chrome: 55 and higherSafari: 49 and higherFirefox: 10 and higherGiven Fund Forecasting's quantitative heavy dashboards, mobile devices are not fully supported currently. Please use Fund Forecasting in a desktop environment.Concurrent Users WarningIf multiple users are concurrently are simultaneously changing data for a fund, Fund Forecasting will honor the last saved changed for an investment or a fund. This might result in not all the changes being captured if one of the users does not have the latest session data. Recommendation: Please avoid having multiple users change data at the same time. The best practice is to have one single user editing at a time, while other users are viewing in read-only mode. (159 words)
- [5 geographic trends in U.S. venture funding | Carta](/content/data/vc-geography-q1-2024/index.html): The geographic diversification of VC has been a developing trend in recent years. Q1 2024 showed a possible reversal.  (927 words)
- [Portfolio Construction - Waterfall | support.carta.com](/content/support/kb/guide/en/portfolio-construction-waterfall-jhbehu857c/steps/4213390/index.html): WaterfallDefine the profit splits between LP's and GP's. Fund Forecasting supports both the American (deal by deal carry) and European (fund level carry) provisions.European Waterfall (standard and more common)The European Waterfall follows this naming terminology:Distributable Proceeds is the amount of proceeds that distributable to all Limited PartnersTier 1: Initial Investment Return to all Limited Partners until they have been returned their initial investment. This is fixed to 100%.Tier 2 (optional): Preferred Return to Limited Partners from remaining proceeds to achieve a specified IRR or multiple hurdle rateTier 3 (optional): GP Catch-up to General Partners from remaining proceeds to achieve a level commensurate with their profit interest (typically 20%)Tier 4: GP Carried Interest to General Partners from remaining proceeds based on a carried interest (%)Remaining proceeds all flow to Limited PartnersAmerican Waterfall The American Waterfall follows this naming terminology:Distributable Proceeds is the amount of proceeds that distributable to all Limited PartnersTier 1: Initial Investment Return to Limited Partners from LP attributable proceeds. This is fixed to 100%.Tier 2: GP Carried Interest to General Partners from remaining proceeds based on a carried interest (%)Remaining proceeds all flow to Limited PartnersOptional Clawback: If the fund has a clawback provision that lets GP claw into past distributions to LP’s check this option and set the hurdle rate at which GP’s can start clawing back.GP Commit TreatmentIf the fund has a GP Commit, these GPs are treated as LPs for the purpose of the waterfall i.e. the GPs will recoup their committed capital along with the LPs and also participate in any preferred returns and LP profits commensurate with the GP Commitment %. These profits to GP (as an LP) are referred to as GP Proceeds in the fund's waterfall in Fund Forecasting. (305 words)
- [Portfolio Construction - Construction Wizard | support.carta.com](/content/support/kb/guide/en/portfolio-construction-construction-wizard-tjgzsmgw3r/steps/4213399/index.html): Construction WizardThere are 7 sections in the Construction Wizard:General Section is where managers define their fund start date, currencies, expected commitmentsSector Profiles section where you can define the round sizes and valuations for sectors you're investing inAllocations section is where you define the types of investments (Pre-Seed, Seed, Series A) the fund will make, estimated check sizes and follow-on strategiesFees and Expenses for management fees and fund expensesExit Recycling (optional) for optional exit proceeds recyclingWaterfall for hurdle rates, carried interest (%)Limited Partners (optional) is where you define the LP contributions for each individual LP (102 words)
- [Insights - Optimal Reserves Ranking | support.carta.com](/content/support/kb/guide/en/insights-optimal-reserves-ranking-atrwfgrh2i/steps/4213391/index.html): Optimal Reserves RankingFund Forecasting helps fund managers optimize follow-on reserves by ranking each portfolio company based on the opportunity cost of investment.Expected MOIC on Planned ReservesBy default, Fund Forecasting automatically calculates Exit MOIC on Planned Reserves - this is the expected return on the next $1 into each company. Fund Forecasting determines this multiple based on the deal-level forecasts for exits, future financing rounds, and performance cases. Learn more here for the various MOIC analysis in Fund Forecasting.Optimal ReservesUnder Insights > Optimal Reserves Ranking, Fund Forecasting will then automatically rank each portfolio company based on this "follow-on multiple". This chart will also show the current planned and deployed reserves for each portfolio company. (118 words)
- [Learning Lab recap: Fundraising Tools — June 11, 2026 | Carta Community](/content/community/c/past-events/learning-lab-recap-fundraising-tools-june-11-2026/index.html): Thank you to everyone who joined today's Fundraising Tools Learning Lab with @Brianne Villamor from our Customer Enablement team! The recording is embedded below, and the slide deck is attached.

This was session 2 of 4 in our core Learning Lab series.... (355 words)
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- [Portfolio Construction - Limited Partners | support.carta.com](/content/support/kb/guide/en/portfolio-construction-limited-partners-nfgjb6gxvs/steps/4213383/index.html): Limited PartnersThis is an optional section. If left unfilled, the forecasted model will summarize LP returns as a single LP entity. If you've defined LP's in this section, the model can forecast returns for each LP.Adding LPsTo add a Limited Partner, click on Add a Limited PartnerEnter the LP Investment AmountEnter the expected Capital Schedule for each LPUnder Fee Profile drop-down select the appropriate fee profile for each LPSet either a custom profit split or let Fund Forecasting assign returns on a pro-rata basis (pro-rata is calculated based on each LP’s contribution)You may also use the Bulk Upload option to fill an Excel template and upload your LP data Customizing Profit Splits by LPBe default, Fund Forecasting will always distribute profits to all LP’s based on their pro-rata share of committed capitalHowever this method can be overridden, by selecting Toggle Profit Splits from the top toolbar and then selecting Custom option from the Profit Split (%) for each LP. You can then adjust the percentage of profits each LP can earn from the different tiersTier 1 profit split (this is the initial investment return)Tier 2 profit split (this is the preferred hurdle return profit split. Only activated if the waterfall actually has a hurdle rate provision)Tier 4 profit split (this is the profit split after GP carried interest) (231 words)
- [Seed Round Funding Investors | Carta Community](/content/community/c/ask-and-share/seed-round-funding-investors/index.html): Hello everyone,

Very new to the world of corporate finance and fundraising. I understand so far that Carta seems to be a suite of helpful tools to help raise capital for your company. I just wasn’t sure if Carta actually also helps raise funds for you... (233 words)
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- [Holder accepted a grant but it's not showing in their Carta portfolio | Carta Community](/content/community/c/ask-and-share/holder-accepted-a-grant-but-it-s-not-showing-in-their-carta-portfolio.html): Our holder got the acceptance email, clicked through, signed everything. Grant shows as accepted on our end. But when they log in to their portfolio, nothing is there.

We tried resending the invite. That didn't do it.

Digging into it more, the grant ... (217 words)
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- [Learning Lab recap: Corporate Governance - July 9 | Carta Community](/content/community/c/past-events/learning-lab-recap-corporate-governance-july-9/index.html): Thank you to everyone who joined today's Corporate Governance Learning Lab with @Brianne Villamor , Customer Enablement Manager! The recording is embedded below and the slide deck is attached.

Recap highlights:

Company roles and board member setup - ... (270 words)
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- [Founders Wanted | Carta](/content/blog/founders-wanted/index.html): Take an inside look into the business structure of Carta. (1,649 words)
- [Terminating Employees and extending their exercise or vesting schedule | Carta Community](/content/community/c/ask-and-share/terminating-employees-and-extending-their-exercise-or-vesting-schedule.html): I am new to CARTA. We occasionally have employees who, upon termination of employment, are converted to consultant status, and, as part of that agreement, we may extend the period during which they can vest or exercise their options or shares. How woul... (139 words)
- [Frequently asked questions about onboarding | support.carta.com](/content/support/kb/guide/en/frequently-asked-questions-about-onboarding-hhzkgqcpkh/steps/3750581/index.html): Frequently asked questions about onboarding Embarking on the onboarding journey with Carta is an exciting step in streamlining your equity management processes. To address any questions you may have, we've compiled a guide of common questions to walk you through the preparation phase.  (49 words)
- [Deleted a SAFE term set but it's still showing on our cap table | Carta Community](/content/community/c/ask-and-share/deleted-a-safe-term-set-but-it-s-still-showing-on-our-cap-table.html): We deleted a convertible that had no securities attached to it. No holders, no amounts, nothing. But the term set is still showing up as a line item on our cap table.

Tried refreshing, tried downloading a fresh report. Still there.

Is there a separat... (161 words)
- [How to onboard to Carta as a non-US company | support.carta.com](/content/support/kb/guide/en/how-to-onboard-to-carta-as-a-non-us-company-pg5dptmpgj/steps/3787349/index.html): Select an option below for more information about onboarding to Carta as a non-US company. (18 words)
- [How to access fund financials | support.carta.com](/content/support/kb/guide/en/how-to-access-fund-financials-y0zf2l2jpw/steps/3724593/index.html): How to access fund financialsFor audited funds that are part of the Day 1 financials population, auditors have the ability to access fund financials and finalize the audit within the Carta platform.Click here to view an interactive demo on how to view fund financial packages and finalize audits within Carta.Once the financials have been approved by the GP, you'll receive an email informing you that financials are available. In the email, click Review financial package to begin. (446 words)
- [Carta Community](/content/community/u/e89518a0/index.html) (31 words)
- [What the SEC’s rule changes mean for private funds | Carta](/content/uk/en/policy/sec-proposed-rules-private-funds/index.html): The proposed rules have the potential to alter how the private fund industry operates—and could greatly increase the costs of regulatory compliance. (2,414 words)
- [How to add and remove emails on Carta | support.carta.com](/content/support/kb/guide/en/how-to-add-a-backup-email-vo70c3h3rm/steps/3710219-3710218-3710213/index.html): How to add and remove emails on Carta⚠️ The ability to add new backup emails is no longer available.  Once removed, new backup emails cannot be added. After account registration, you can manage your email addresses in Carta at any time by clicking your name in the top right and selecting User Settings. 💡 If you encounter an error when attempting to add or verify an email address, it's likely because that email address is already linked to another Carta account. (53 words)
- [Learning Lab: Corporate Governance Oct. 1, 2025 | Carta | Carta Community](/content/community/c/past-events/learning-lab-corporate-governance-oct-1-2025/index.html): Explore learning lab: corporate governance oct. 1, 2025. Join Carta Community events to learn from experts and connect with peers in the startup ecosystem. (80 words)
- [Drafted grants don't automatically update when you change your equity plan | Carta Community](/content/community/c/ask-and-share/drafted-grants-don-t-automatically-update-when-you-change-your-equity-plan.html): Quick heads up if you've made changes to your equity plan recently.

When you draft a grant in Carta, it captures your plan settings at that moment, including the post-termination exercise period (PTEP). If you update the plan after a draft is already ... (158 words)
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- [What actually blocks a Carta offboarding (it's not just pending exercises) | Carta Community](/content/community/c/ask-and-share/what-actually-blocks-a-carta-offboarding-it-s-not-just-pending-exercises.html): Most people know to check for pending exercises before running an termination. But that's not the only thing that stops it.

Here's the full list of things to clear first:

Pending exercises Go to Manage Equity > Options and filter by "exercise in prog... (222 words)
- [Exercising options via Carta wire transfer from India - documents required  | Carta Community](/content/community/c/ask-and-share/exercising-options-via-carta-wire-transfer-from-india-documents-required.html): Hi everyone!

Has anyone successfully completed a wire transfer from India to Carta to purchase ESOPs?

My bank (Axis) has rejected my wire transfer multiple times, each time asking for a different document. If you've gone through this process, I'd rea... (296 words)
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- [State of startup compensation, H1 2023 | Carta](/content/data/startup-compensation-h1-2023/index.html): The past year's decline in startup fundraising had major effects on startup employee compensation.  (1,945 words)
- [State of Private Markets: Q1 2023 | Carta](/content/sg/en/data/state-of-private-markets-q1-2023/index.html): Q1 2023 was the slowest quarter for both capital raised and deal count since 2017. (2,316 words)
- [$226B Secondaries Boom Highlights LPs’ Needs for Better Data](/content/uk/en/blog/secondaries-surge-lp-data-needs/index.html): With secondaries volume reaching an estimated $226 billion in 2025, private market investors face mounting complexity. Only modern data infrastructure can provide the accuracy and transparency LPs need to underwrite high-stakes deals. (621 words)
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- [Net exercise tool showing 0 options available on a grant that's still outstanding | Carta Community](/content/community/c/ask-and-share/net-exercise-tool-showing-0-options-available-on-a-grant-that-s-still-outstanding.html): Holder has an outstanding option grant. Nothing has been cancelled or expired. But when we go to use the net exercise tool, it says "Up to 0 options can be exercised."

The grant is an early exercise award. Not sure if that's related but it's the one t... (140 words)
- [After our equity plan amendment, FMV seems to be pulling from the wrong date | Carta Community](/content/community/c/ask-and-share/after-our-equity-plan-amendment-fmv-seems-to-be-pulling-from-the-wrong-date.html): We amended our equity plan to update the share class. Now when we look at Manage Valuations, some of our older FMVs are showing the wrong value. It looks like they're pulling from the new share class instead of what was in effect at the time of the val... (235 words)
- [Our law firm has full access to our Carta account but still can't upload board consent documents | Carta Community](/content/community/c/ask-and-share/our-law-firm-has-full-access-to-our-carta-account-but-still-can-t-upload-board-consent-documents.html): We added our outside counsel through the law firm dashboard and gave them full access. They can see most things. But when they try to add documents under Manage Board, the option isn't there.

We checked their permissions. Everything looks right on our... (183 words)
- [Exercising from India | Carta Community](/content/community/c/ask-and-share/exercising-from-india/index.html): Does anyone have insights into how employees in India can more easily exercise via Carta? I see another post in here about ESOP exercises so it may be the same issue. There seem to be local restrictions. I’d love to hear from anyone who has worked on t... (296 words)
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We've tried a couple of times. Same result each time.... (219 words)
- [Reminder: Test before you touch live — use your Sandbox account | Carta Community](/content/community/c/ask-and-share/reminder-test-before-you-touch-live-use-your-sandbox-account.html): Making a change you're not 100% sure about? Try it in your sandbox first.

Your sandbox is a separate copy of your Carta account where you can test, model, and explore freely. The daily sandbox resets every 24 hours, so it's always a clean slate to exp... (188 words)
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- [PTEP wire timing | Carta Community](/content/community/c/ask-and-share/two-wires-from-one-stakeholder/index.html): How much lead time do you give departing employees to complete a wire exercise before their PTEP window closes? We've had a few close calls where the wire landed just in time so I’m wondering if there's a buffer Carta builds in, or if it's a hard deadl... (150 words)
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- [Carta issued electronic share certificates despite opting out — how to void them? | Carta Community](/content/community/c/ask-and-share/carta-issued-electronic-share-certificates-despite-opting-out-how-to-void-them.html): Hi everyone,

I recently entered our latest equity round on Carta and made sure to indicate that I did not want Carta to issue share certificates, as we already have physical share certificates managed outside the platform.

Despite this, Carta went ah... (291 words)
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- [How to authorize ACH transactions from Carta with your bank | support.carta.com](/content/support/kb/guide/en/how-to-prevent-ach-payment-issues-80z7nzzkne/steps/3786558-3786547/index.html): How to authorize ACH transactions from Carta with your bank📢 As of July 2025, Carta is adding Stripe for ACH subscription payment processing.    If your bank account has an ACH block or fraud filter, you'll need to authorize Stripe’s IDs to ensure successful payments. To avoid payment issues, be sure to complete the following steps:Authorize Carta's ACH transactions with your bank by providing the following ACH company IDs:1800948598 and 4270465600PAYD372802 and PAYD574139For SAFE financings and option exercises, click here.💡 We recommend asking for a confirmation letter or take a screenshot from your online banking portal showing the ACH IDs are approved for your records.Verify your payment settings in CartaGo to app.carta.com > Company > Settings > Subscription Details.Ensure the appropriate bank account is set to use for subscription billing and is verified in Carta.Select your financial institution from the list below for complete instructions. (28 words)
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- [How to upload an expense in Carta | support.carta.com](/content/support/kb/guide/en/how-to-upload-an-expense-in-carta-asdeeqpppy/steps/4234187/index.html): How to Make Payments with Carta’s Expense WorkflowCarta's expense workflow brings invoice processing, expense allocation, and payment setup into one place — with journal entries booked automatically. If your firm has Automated Money Movement enabled for expenses, you can also approve and track payments directly in Carta without logging into your bank portal. (60 words)
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- [How to manage the Data collection hub | support.carta.com](/content/support/kb/guide/en/how-to-manage-the-data-collection-hub-qtyg5jyfbd/steps/3725002/index.html): How to manage the Data collection hubWith Data collection clients can easily request information from their Portfolio Companies. We’ve created the flexibility to select file types, KPIs, or information about the portfolio companies’ upcoming financings.Navigate to Data collection under Tools & Services in the left side bar. (213 words)
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- [How to send data collection requests | support.carta.com](/content/support/kb/guide/en/how-to-send-data-collection-requests-fgbpaulrqp/steps/3725319/index.html): How to send data collection requestsNavigate to Data collection under Tools & Services in the left side barClick View companies (120 words)
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- [How to create and manage board consents, templates, and documents | support.carta.com](/content/support/kb/guide/en/how-to-create-and-manage-board-consents-templates-and-documents-qyoyhecry9/steps/3724449-3773616/index.html): How to create and manage board consents, templates, and documents Utilize Carta to manage and execute your company's board consents as well as create template board consents and store board documents executed outside of Carta. Click on a topic below to learn more: If you're a Launch customer, you'll notice your navigation differs from what you see in this guide. The tools are the same but the layout is different. (30 words)
- [Auditors & tax providers: How-to videos and product demos | support.carta.com](/content/support/kb/guide/en/auditors-tax-providers-how-to-videos-and-product-demos-hvt73z9gfh/steps/3724594/index.html): How-to videos and product demosAuditors & tax providersThank you for being a trusted Carta partner. We have been hard at work to help streamline the year end process for our clients, partners and fund administration teams.If you do not have access to the Carta platform or specific customer information, contact the client directly to invite you from their customer portal, or reach out to your fund administration team.If you would like to become a Carta audit or tax partner, contact investorpartners@carta.com.Select a topic below to learn how to navigate the Carta platform. (85 words)
- [How to add and delete investment firm users | support.carta.com](/content/support/kb/guide/en/how-to-add-and-delete-investment-firm-users-auarr3s4gs/steps/3725172/index.html): How to add and delete investment firm usersFrom the sidebar, navigate to Firm settings > Settings.  The first tab of the Settings page is People. (129 words)
- [How to contact Carta | support.carta.com](/content/support/kb/guide/en/how-to-contact-carta-gueh25yh5d/steps/3724418-4133669/index.html): How to get in touch with usFrom cap tables and Total Compensation, to fundraising and fund administration, we do a lot here at Carta. For questions and issues related to the Carta platform, logged-in users can get AI-driven support and connect with us via chat, email, or phone through Carta Help, or you can give us a call directly.🔍 Click below for a list of changes that require handling by Carta Support.Contact your issuing company directly if you have questions about your outstanding securities or any exercise-related concerns. (452 words)
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- [Resources for QSBS: Save Up to Millions in Capital Gains Tax](/content/learn/collections/qsbs/index.html): Learn how Carta helps founders, employees, and investors maintain and document QSBS eligibility. Potentially exclude millions in gains from federal taxes.,  (494 words)
- [What happens if Carta goes out of business? | support.carta.com](/content/support/kb/guide/en/what-happens-if-carta-goes-out-of-business-gnrhn6ybag/steps/3725030/index.html): In the event Carta dissolves, all electronic certificates will be canceled, converted to paper, and distributed to security holders. A reserve fund is maintained by Carta expressly for this purpose to ensure orderly and accurate offboarding from Carta’s platform. Per Carta’s Data Retention Policy, all customer data is maintained for seven years following account termination (including in the event of a Carta closure). All files are maintained at a backup location and cannot be deleted until the seven year retention period expires. Contact your account manager or reach out to Carta's support team with any questions. (96 words)
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- [Carta for Management Companies](/content/sg/en/blog/manco-administration-solution/index.html): An integrated solution to streamline reporting, planning, and budgeting for private capital leaders. (715 words)
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- [IRS Makes E-Signatures Permanent for Startups | Carta](/content/sg/en/policy/coalition-irs-e-signatures/index.html): Following a years-long coalition petition by Carta, the IRS changed 83(b) election procedures to permanently allow submission with e-signatures.
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- [How to contact your issuing company through Carta | support.carta.com](/content/support/kb/guide/en/how-to-contact-your-issuing-company-through-carta-kcyaped7fo/steps/3711558-3714974-3714975/index.html): Carta can't make changes to a company's cap table, so you'll have to contact your issuing company directly if you have questions about your outstanding securities or any exercise-related concerns. Click on a topic below to learn more. (50 words)
- [Extracting Portfolio Company Data from PE Fund Manager Reports](/content/sg/en/blog/data-extraction-fund-manager-reports/index.html): Learn how to extract granular private equity information and PortCo data from fund reports for enhanced portfolio monitoring. (1,791 words)
- [Cap table 101 - Section 1 | Carta Classroom](/content/learn/cap-table-101/1/index.html):   (797 words)
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- [Visualize complex fund structures with the Entity Map](/content/product-updates/fund-structures-entity-map/index.html): An interactive visualization makes complex PE fund structures instantly understandable for CFOs and stakeholders.,  (223 words)
- [Business Tax Deadlines 2026: Corporations and LLCs](/content/sg/en/learn/startups/tax-planning/business-tax-deadlines/index.html): Key tax deadlines are coming up in 2026 for LLC and corporation businesses. Here are the dates and IRS forms you need to know. (1,173 words)
- [How do Carta companies and investors fulfill requests for information? | support.carta.com](/content/support/kb/guide/en/how-do-carta-companies-and-investors-fulfill-requests-for-information-h6soik9ccu/steps/3798861/index.html): How do Carta companies and investors fulfill requests for information?Carta companies can easily share their cap tables with investors securely through Carta's cap table access feature. Investors can send requests for information through Carta, which trigger an email to the company's indicated point of contact to upload files via the secure link provided.For more information on how to complete an investor request, click the link below. (92 words)
- [How to download portfolio company contact information | support.carta.com](/content/support/kb/guide/en/how-to-download-portfolio-company-contact-information-ifwj9uqicp/steps/3725389/index.html): How to download company contact informationTo download a report containing the points of contact for the Carta companies your firm has invested inNavigate to Reports and documents > Reports.Locate the Carta Company contact information report and click Export to its right (44 words)
- [Frequently asked questions about Portfolio Insights onboarding | support.carta.com](/content/support/kb/guide/en/frequently-asked-questions-about-portfolio-insights-onboarding-ucutwf5lcj/steps/3725017/index.html): Frequently asked questions about Portfolio Insights onboardingYour Portfolio Insights onboarding team will provide you with a spreadsheet to consolidate your firm’s active holdings for entry into Carta for portfolio monitoring. To ensure a smooth onboarding process, please complete all three tabs of the spreadsheet with the required information. A full breakdown of your holdings is necessary for proper account setup. Scroll below for FAQs related to each tab. (322 words)
- [What are the financial processing policies and procedures for Portfolio Insights? | support.carta.com](/content/support/kb/guide/en/what-are-the-financial-processing-policies-and-procedures-for-portfolio-insights-dx5jxgnvp9/steps/3725307/index.html): Where and how is financial data sourced, processed, and aggregated during quarterly collection?Portfolio Insights is primarily a data collection, normalization, and transposition service. Certain industry-accepted calculations are performed, and assumptions regarding financial statements are made to provide a high-level and consistent view of financial statements for Portfolio Insight’s Clients.Portfolio Insights does not audit or check for completeness or accuracy.The high-level figures that we capture to provide such a consistent view of our client’s portfolio companies include (when these figures are available): INCOME STATEMENTBALANCE SHEETCASH FLOW STATEMENTKPIsRevenue Cost of Sales Gross Profit Operating Expenses Operating Income EBITDA Net IncomeCash Inventory Other Current Assets Fixed Assets Other Long Term Assets Loans Payable, Current Other Current Liabilities Loans Payable, Less Current Other Non-Current Liabilities Total EquityCash flow from Operations Cash flow from Investing (if available) Cash flow from Investing (if available) Changes in (if available) Ending cash balance (if available)As requested by Firm, on a company-by-company basis (limited to 7 data points) Certain assumptions are made and standard industry-accepted calculations are performed to provide Portfolio Insight’s Clients the high-level visibility that they seek to get out of the platform.Financials are recorded as reported.The most recently reported financial statements take priority over prior financial statements.Prior 4 (four) Quarter historicals and upcoming 4 (four) Quarters forecast is updated as a part of every collection if provided.Annual forecasts are not broken down into Quarters unless previously agreed upon with the firm.Given the early-stage, unaudited nature of the financial statements for many private companies, the financial statements are not expected to balance. (276 words)
- [How to manage RFI email notifications | support.carta.com](/content/support/kb/guide/en/how-to-manage-rfi-email-notifications-ldvibdw9ld/steps/3725310/index.html): What automated emails does the RFI feature send?Investor Clients (“Clients”) who use Portfolio Insights can use the Request For Information (“RFI”) function to send quarterly requests to their portfolio companies and obtain various information (financials, cap table, information about their upcoming financings, etc). Upon sending the RFI email, the Clients can set a response due date (“RFI due date”) where they would like for their portfolio companies to reply by. The RFI process includes an initial email which will be sent out of the Carta platform, with automated reminders that will be sent 5 days prior to the RFI due date, on the RFI due date, and 2 days after the RFI due date. In the following examples, a user (Kerri Stuart) at a firm (Krakatoa Ventures) is requesting information from a portfolio company (Meetly, Inc). As part of the RFI process, Krakatoa Ventures has sent the RFI to its portfolio companies (including Meetly) for Q2 2021 and has set a RFI due date of August 20th, 2021 (20 days after quarter close). (174 words)
- [How do non-Carta companies and investors fulfill requests for information? | support.carta.com](/content/support/kb/guide/en/how-do-non-carta-companies-and-investors-fulfill-requests-for-information-mcb7vri3q4/steps/3725353/index.html): How do non-Carta companies and investors fulfill requests for information?Companies can share their cap tables with their investors securely through Carta. Investors can send requests for information through Carta, which trigger an email to the point of contact indicated on the platform to upload company files via the secure link provided.For more information on how to complete an investor request, click the link below.Only the investor who requested this data has access to this information. (75 words)
- [GP-Led and LP-Led Secondaries: Comparing Two Paths to Liquidity (APAC)](/content/sg/en/blog/gp-vs-lp-led-secondaries/index.html): Unpack GP-led vs. LP-led secondaries—the two paths to private equity liquidity. Explore transaction mechanics, risks, and the booming opportunity in the APAC secondary market. (1,080 words)
- [How to onboard a Launch company through your law firm account | support.carta.com](/content/support/kb/guide/en/how-to-onboard-a-launch-company-through-your-law-firm-account-mdo2mkmygv/steps/3725146/index.html): How to onboard a Launch company through your law firm accountLaw firm users can add clients to Carta Launch directly. Carta Launch is Carta's free fundraising and equity management platform for startups. Launch is free for companies with less than $1M raised and 25 stakeholders or fewer.After logging into the Carta dashboard, click Onboard New Company to Carta through the Companies page. (79 words)
- [How to approve exercise requests on Carta | support.carta.com](/content/support/kb/guide/en/how-to-approve-exercise-requests-on-carta-ol3rlp6dyk/steps/3784015/index.html): How do I approve or reject exercise requests on Carta? If you are your company’s designated Option exercise approver, follow these steps to review submitted online option exercise requests. If the company has not set an Option exercise approver, the exercise will default to the Equity plan awards signatory to accept.  Click here to manage your company contacts. After an optionholder submits an exercise request through their Carta portfolio, you’ll receive an email prompting you to approve the pending exercise.Click the link in the email, or log into Carta and navigate to Securities > Review exercises and filter the results by Requested.Exercise requests can also be found in your (the Option exercise approvers) Tasks tab in the upper right corner of your account.  (121 words)
- [What to send your portfolio companies when you join Portfolio Insights | support.carta.com](/content/support/kb/guide/en/what-to-send-your-portfolio-companies-when-you-join-portfolio-insights-f4mylr258b/steps/3725324/index.html): What to send your portfolio companies when you join Portfolio InsightsTo have a successful Portfolio Insights experience, we recommend sending an email to inform your portfolio companies that you will be using Carta for quarterly data collection.Free free to copy and paste the below template in a BCC email to all of your portfolio companies and CC your designated Portfolio Insights associate.SubjectQuarterly Data Collection Performed by CartaMessageWe’re using Carta to manage our quarterly portfolio data collection. The data collection service is intended to streamline communication and data capture for our portfolio insights requirements. All information provided through Carta is kept strictly confidential and accessed only by us. As part of this quarterly collection process, we ask that you:Look out for a quarterly email we send through Carta and follow the provided link to upload the request data (which may include your latest financials, forecasts, KPIs and/or cap table).If you manage your cap table using Carta already, please share access with us through the platform.Your collaboration allows us to be a long term partner for you and your venture.  To our portfolio companies that don’t currently use Carta:  We encourage companies to sign-up for Carta's Private Market platform which will help automate your reporting processes. Several of our portfolio companies currently use Carta’s Private Market tools and systems for the following reasons:Mitigate compliance risks, receive 409a valuations, and reduce inaccuraciesReduce legal fees and consolidate the equity administration processesShare real-time cap table updates with investors through the platformAs part of our partnership, new clients to Carta will receive a 20% first year discount + waived implementation fees.  Please reach out to the Partnerships Team at partnersales@carta.com if you would like to learn more about Carta & redeem this discount.  If you have any questions directly for Carta please feel free to reach out to me. (290 words)
- [How to check if a fund is included in Day 1 Fund Financials | support.carta.com](/content/support/kb/guide/en/how-to-check-if-a-fund-is-included-in-day-1-fund-financials-j7x3ke6v98/steps/4103435/index.html): What is the Day 1 Financials workflow?The Day 1 Financials workflow is designed to streamline and fast-track the delivery of financial packages at year-end. The Day 1 financial reporting progress tracker simplifies tracking, review, and approval of financial reports. What entities are included in Day 1 Financials?The Day 1 Financials workflow is available for funds or SPVs reporting on an annual or quarterly basis. Included entitiesFunds and SPVsEntities reporting on an annual or quarterly cadence12/31 year-endEntities with prior financial packages completed on CartaEntities using the real-time partner level allocations feature Excluded entitiesManagement companiesGP entitiesIFRS or UK GAAP reporting standardOnboarding entitiesFund familiesNon-calendar fiscal year-endEntities not using the real-time partner level allocations feature (194 words)
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- [How to manage company users and permissions | support.carta.com](/content/support/kb/guide/en/how-to-manage-company-users-and-permissions-1miw0urgrh/steps/3724550-3768149/index.html): How to manage company users and permissionsThe Users and permissions page allows admins to control who can access and manage company account data, including the cap table. Setting the right permissions helps you:Protect company dataMaintain data accuracyEnsure transparency across financial operationsCompany administrators are individuals who will manage the company's cap table, not stakeholders.  . To share cap table data with stakeholders (e.g., investors or employees with equity), manage your company's cap table access settings.Permissions ans roles; permissions and roles page Select an option below for more information. (60 words)
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- [Carta Total Compensation Data Reports | Carta](/content/uk/en/product-updates/compensation-data-reports/index.html): New Carta Total Comp data reports provide key information about your employees, cap table, and benchmarking—all in one place. (274 words)
- [How to provide Level 3 unobservable inputs for audited financial statements | support.carta.com](/content/support/kb/guide/en/how-to-provide-level-3-unobservable-inputs-for-audited-financial-statements-mt8km8a9xa/steps/3725171/index.html): How to provide Level 3 unobservable inputs for audited financial statements In order to meet the minimum US GAAP requirements for the Fair Value footnote in the audited financial statements, your Fund Admin (“FA”) team needs to be provided with additional details on the funds’ investment positions. Please see below for the additional details needed for each investment position. In addition, please see the “Illustrative financial statements: Private equity funds 2021” PDF, specifically page 22 for an illustrative example of this footnote.Liquidity Classification: There are three classifications available:Level 1: Pricing inputs based on unadjusted quoted prices for identical assets or liabilities in active markets that the Partnership has the ability to access (i.e., publicly traded stock).Level 2: Pricing inputs are other than quoted prices in active markets, which are either directly or indirectly observable as of the reporting date.Level 3: Pricing inputs are unobservable for the financial instruments and includes situations where there is little, if any, market activity for the financial instrument. The inputs into the determination of fair value require significant management judgment or estimation.Valuation Methodology (also known as Valuation Technique) Only for Level 3. In the absence of observable market prices, the Fund values its investments using valuation methodologies. It is acceptable for positions to use more than one valuation methodology. Please see the table below for commonly used valuation methodologies.Input Type column (also known as Unobservable Inputs): Only for Level 3 and not held at cost. The input type is the significant data point used in the valuation methodology. The input type used is dependent on the valuation methodology chosen to value an investment. Please see the table below for commonly used input types, not all input types may apply.Input value: Only for Level 3 and not held at cost. Provide the value or range used for each “Input type”. Please see below for an example of an input range.Input typeInput valueWeighted average cost of capital5-10%ScenarioCommon Valuation Methodologies/TechniquesCommon Input Types/Unobservable InputsThe investment is held at cost or marked to a recently-transacted share priceRecent transactionTransaction share priceThe investment is valued by comparing to comparable public companiesMarket approach - Guideline companiesEV/LTM Revenue multiplesEV/LTM EBITDA multiplesDiscount for lack of marketabilityThe investment is valued by comparing to comparable company transactionsMarket approach - Guideline transactionsPurchase price/LTM Revenue multiplesPurchase price/LTM EBITDA multiplesControl premiumDiscount for lack of marketabilityThe investment is valued based on the most-recent round of financing assuming all shares converted to common stockPost money methodDiscount for lack of matketabilityEquity adjustmentThe investment is valued based on the most-recent round of financing considering the rights and preferences of the different share classes via an option pricing modelSubject company transaction methodVolatilityExit termRisk free rateDiscount for lack of marketabilityEquity adjustmentThe investment is valued based on the company's projected cash flowsDiscounted cash flow analysisWeighted average cost of capitalRisk free rateExit multipleTerminal growth rateEV: Enterprise value LTM: Last twelve months EBITDA: Earnings before interest, taxes, depreciation, and amortization (508 words)
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- [Manage closing documents for your investments - Carta Release Notes - Product Updates](/content/releasenotes/manage-closing-documents-for-your-investments-2bbgvu.html): We made it easier for investors to manage closing documents for their investments on Carta. You can now upload closing documents for all you... (94 words)
- [Improved Investment Valuation Updates - Carta Release Notes - Product Updates](/content/releasenotes/improved-investment-valuation-updates-21xmhg/index.html): What's new?  GPs can now easily submit valuation updates where positions on an investment have different values or prices per share.  What’s...,  (171 words)
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- [Technical improvements to navigation - Carta Release Notes - Product Updates](/content/releasenotes/technical-improvements-to-navigation-18m2sq/index.html): The Design Technology team at Carta is upgrading the top level navigation of our app, to use the latest Ink Design System improvements.  Wit... (114 words)
- [(Public Beta) ISO Options Exercise on iOS app - Carta Release Notes - Product Updates](/content/releasenotes/public-beta-iso-options-exercise-on-ios-app-1relje/index.html): We’re making an improvement to the iOS app to support ISO option exercises. We’d love your feedback to make this experience better, so pleas... (299 words)
- [ISO Option Exercise on Android App - Carta Release Notes - Product Updates](/content/releasenotes/iso-option-exercise-on-android-app-zgsim/index.html): We’re releasing an update to the Android app to support ISO option exercises! To begin, you will need: An ISO option grantTo be a US residen... (251 words)
- [Preferred shareholders can request ownership when accepting securities - Carta Release Notes - Product Updates](/content/releasenotes/preferred-shareholders-can-request-ownership-when-accepting-securities-4gdvo4.html): What's New:Preferred shareholders can now request ownership details (like fully diluted share count or detailed cap table information) when ... (147 words)
- [ISO Option Exercise on iOS App - Carta Release Notes - Product Updates](/content/releasenotes/iso-option-exercise-on-ios-app-1n7bec/index.html): We’re releasing an update to the iOS app to support ISO option exercises! To begin, you will need: An ISO option grantTo be a US residentTo ... (261 words)
- [Holding Summary for Investors on iOS - Carta Release Notes - Product Updates](/content/releasenotes/holding-summary-for-investors-on-ios-1ji05q/index.html): For investors, we’re excited to bring updates to the iOS app, which now showcase the same great portfolio companies’ summary info that you’v... (92 words)
- [How to terminate interests in Carta LLC | support.carta.com](/content/support/s/article/carta-llc-terminate-interests/index.html): How to terminate interests When an interest holder leaves the company or terminates their vesting relationship with the company, the termination will need to be reflected on the interest to maintain a current cap table. Once reflected the historical termination event can be reviewed at any time. Only interests with vesting schedules can be terminated. (79 words)
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- [Health Check Dashboard [Early Access] - Carta Release Notes - Product Updates](/content/releasenotes/health-check-dashboard-early-access-89h4a/index.html): The Health Checks Dashboard allows you to identify, understand, and take action to fix data inconsistencies in your Carta account. It is cur... (516 words)
- [Board Resolution Approval on iOS - Carta Release Notes - Product Updates](/content/releasenotes/board-resolution-approval-on-ios-1yaeoi/index.html): 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 ful... (84 words)
- [Document sharing from iOS app - Carta Release Notes - Product Updates](/content/releasenotes/document-sharing-from-ios-app-1vb3fw/index.html): We’re listened to your feedback and added the ability to share and export documents for later viewing or printing. You can access these capa... (53 words)
- [(Early access) QSBS Attestation for individual shareholders - Carta Release Notes - Product Updates](/content/releasenotes/early-access-qsbs-attestation-for-individual-shareholders-3df6jw.html): What’s NewYou and our shareholders can  now see exactly which securities are eligible for the QSBS tax benefit on Carta. Companies who purch... (424 words)
- [NSO Option Exercise on iOS App - Carta Release Notes - Product Updates](/content/releasenotes/nso-option-exercise-on-ios-app-x05gg/index.html): We’re releasing an update to the iOS app to support NSO option exercises! To begin, you will need: An NSO option grantTo be a US residentTo ... (139 words)
- [iOS App: Connect your Bank Account - Carta Release Notes - Product Updates](/content/releasenotes/ios-app-connect-your-bank-account-1fhvyk/index.html): With the v3.5 release of our iOS app, you’re now able to securely and instantaneously link your bank account, to fund transactions such as o... (55 words)
- [Profile editing within iOS app - Carta Release Notes - Product Updates](/content/releasenotes/profile-editing-within-ios-app-1ighx6/index.html): In the iOS app, you can now edit your profile to add citizenship, residency, and tax information. This information will be used when you exe... (56 words)
- [Capital Calls on Android - Carta Release Notes - Product Updates](/content/releasenotes/capital-calls-on-android-3ifdmm/index.html): General partners now have the ability to view and track capital calls from the Carta Android app. Investment firms can now track the progres... (155 words)
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- [Web-Login on Mobile - Carta Release Notes - Product Updates](/content/releasenotes/web-login-on-mobile-1w4vyw/index.html): Carta mobile app users will now be able to login using a web-browser on iOS and Android. Web-login gives us the benefits of browser-based au... (85 words)
- [iOS App: Customer Support Pin - Carta Release Notes - Product Updates](/content/releasenotes/ios-app-customer-support-pin-1e97s4/index.html): You can now access your support pin, to verify your identity when you call one of Carta’s support agents. Find this in the account section o... (40 words)
- [Introducing Dark Mode on iOS App - Carta Release Notes - Product Updates](/content/releasenotes/introducing-dark-mode-on-ios-app-vrha0/index.html): We’re enhancing the Carta experience on iOS by introducing Dark Mode. Dark Mode gives Carta a sleek new look that’s easier on the eyes in lo... (59 words)
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- [Stakeholders can now more easily review their shares and tax withholdings from RSU settlements - Carta Release Notes - Product Updates](/content/releasenotes/stakeholders-can-now-more-easily-review-their-shares-and-tax-withholdings-from-rsu-settlements-4kbuvs.html): Stakeholders can now view details about their public RSU settlements in the RSU settlement history view.   Who this affects: Public company ... (109 words)
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- [How Carta is Fixing 83(b) Elections](/content/sg/en/policy/coalition-fix-83b-elections/index.html): Filing 83(b) elections is a broken, antiquated process. We've put together a coalition to help fix it. (415 words)
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- [Design Improvements to the RSU Modal - Carta Release Notes - Product Updates](/content/releasenotes/design-improvements-to-the-rsu-modal-2jdglq/index.html): Today we’re making design improvements to the RSU Modal to make it easier for holders to understand the value of their equity.  What is chan... (360 words)
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- [Automated partner matching for Schedule K-1 uploads - Carta Release Notes - Product Updates](/content/releasenotes/automated-partner-matching-for-schedule-k-1-uploads-2jrhdg.html): Sending K-1s to the right Limited Partners can be a manual, error-prone process. The new K-1 uploader helps ensure that every tax document g... (189 words)
- [Wire Instructions Update - Carta Release Notes - Product Updates](/content/releasenotes/wire-instructions-update-4prl5e/index.html): What’s NewWe have made UI improvements to our Wire Instructions for online wire exercises. The new UI better highlights the amount, timeline... (165 words)
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- [Equity Reporting Suite: Equity Plan Report - Carta Release Notes - Product Updates](/content/releasenotes/equity-reporting-suite-equity-plan-report-1cevxc/index.html): What's New?Carta has revamped the Equity Plan report – consolidating key information from different reports, and adding brand new, highly re... (311 words)
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- [Disqualifying Disposition Report - Private Companies - Carta Release Notes - Product Updates](/content/releasenotes/disqualifying-disposition-report-private-companies-tkjbc.html): What’s newPrivate companies can now report the complete list of all ISO dispositions and see exactly which dispositions qualify for tax ince... (191 words)
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- [Terms of Service | Legal Hub](/content/sg/en/legal/terms-agreements/terms-service/index.html): THESE TERMS OF SERVICE (“TOS”) FORM A LEGAL AGREEMENT BETWEEN YOU, THE END USER (referenced herein as “You” or with “Your”) AND ESHARES, INC. d/b/a CARTA, INC. AND ITS AFFILIATES AND SUBSIDIARIES (together, “Carta”) THAT APPLIES EACH TIME YOU USE OR ACCESS CARTA’S WEBSITES, ONLINE PLATFORM SERVICE, SERVICES, MOBILE APPLICATION, AND ASSOCIATED WEBPAGES, PORTALS, APPLICATIONS, FEATURES, AND CONTENT (collectively, the “Content”). (4,801 words)
- [IT Job Area & Refreshed Salary Benchmarks - Carta Release Notes - Product Updates](/content/releasenotes/it-job-area-refreshed-salary-benchmarks-4wtt6o/index.html): What’s new?IT Job AreaCarta will now provide salary and equity benchmarks for the IT job area. Target salary and  equity benchmarks for the ... (492 words)
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- [Government reopens, but key agencies remain behind](/content/uk/en/policy/policy-weekly-11-14-25/index.html): Congress ends the record-setting shutdown, but agency backlogs and unresolved programs linger, while the SEC and Senate make moves on crypto policy and CFPB funding faces major legal and operational threats. (1,461 words)
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- [New job specializations, quarterly refresh of equity benchmarks,  and benchmark version selector - Carta Release Notes - Product Updates](/content/releasenotes/new-job-specializations-quarterly-refresh-of-equity-benchmarks-and-benchmark-version-selector-2y5tsc.html): What’s new?We have 3 exciting updates now available in Carta Total Comp. You can now use:  Refreshed equity benchmarksBenchmarks for 4 new s... (651 words)
- [Corporate Transparency Act: Issue brief | Carta](/content/sg/en/policy/issue-brief-corporate-transparency-act/index.html): The new Corporate Transparency Act requirements begin January 1, 2024, and business entities subject to the rules will face significant new reporting and recordkeeping obligations. (1,392 words)
- [Earnings per share report (basic & diluted) - Carta Release Notes - Product Updates](/content/releasenotes/earnings-per-share-report-basic-and-diluted-2yutsy/index.html): Quarterly and annual reporting can be time consuming and stressful. For our public companies, help is on the way with our new earnings per s... (87 words)
- [Financial Reporting milestone support and a new revamped UI - Carta Release Notes - Product Updates](/content/releasenotes/financial-reporting-milestone-support-and-a-new-revamped-ui-2ovdey.html): Financial Reporting is improving the vesting schedule types supported and updating the UI so it's easier than ever to set it up and generate... (304 words)
- [Admin eyes 401(k) to boost homeownership while prepping to expand investment in alts](/content/uk/en/policy/policy-weekly-01-20-26/index.html): The White House eyes 401(k) withdrawals to support homeownership as regulators move to expand retail access to alts, Senate crypto talks stall, and the SBA modernizes SBIC rules to boost capital deployment. (1,556 words)
- [Carta 101 - Our Company, Values & Strategy | Carta](/content/uk/en/blog/carta-101/index.html): All Carta employees (new and old) take a full-day course called Carta 101. It is an introduction to our company, our values, and our execution strategy. (2,257 words)
- [ASC 820 Valuation Modeling - Carta Release Notes - Product Updates](/content/releasenotes/asc-820-valuation-modeling-1ofaas/index.html): We’ve made improvements to the ASC 820 valuation workflow. Now when you create a new valuation, you will be able to run through different sc... (69 words)
- [CCL Compliance Certificates - Carta Release Notes - Product Updates](/content/releasenotes/ccl-compliance-certificates-iewuu/index.html): CCL borrowers and Fund Admin can now submit compliance certificates in-app.  On a quarterly and annual basis, CCL borrowers must certify tha... (101 words)
- [Streamline Carry Distribution with Automated Calculations](/content/sg/en/product-updates/automated-carry-allocations/index.html): Automated carry solution that eliminates spreadsheet errors and GP inquiries.,  (276 words)
- [Investor cap table access experience - Carta Release Notes - Product Updates](/content/releasenotes/investor-cap-table-access-experience-1xsj56/index.html): Cap table access is essential for understanding your investment portfolio, but companies often wait for a request before granting it. Our go... (273 words)
- [Step-by-step fund formations - Carta Release Notes - Product Updates](/content/releasenotes/step-by-step-fund-formations-afz9m/index.html): 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 th... (322 words)
- [Track capital calls, now from your phone - Carta Release Notes - Product Updates](/content/releasenotes/track-capital-calls-now-from-your-phone-wqnaa/index.html): What's new? Fund managers can now track the status of active capital calls, directly from their Carta Carry app.  What’s important about thi... (190 words)
- [Emerging VCs Adjust to a New Fundraising Reality | Carta](/content/sg/en/data/emerging-managers-vc-fundraising-q2-2022/index.html): For emerging fund managers trying to break into venture capital, the fundraising boom of the past decade is over. During the first half of 2022, the limited (1,606 words)
- [Management Fee Improvements - Carta Release Notes - Product Updates](/content/releasenotes/management-fee-improvements-1ixprq/index.html): What’s new?  We’ve improved our management fees to ensure you receive accurate offset calculations and experience a smooth approval process,... (276 words)
- [Auto-populating the Rule 144 date for certificates - Carta Release Notes - Product Updates](/content/releasenotes/auto-populating-the-rule-144-date-for-certificates-tto9y.html): Carta now automatically populates the Rule 144 date for certificates issued as a result of an exercise. For Carta’s corporate customers domi... (132 words)
- [Total Comp Geo Factor Refresh - Carta Release Notes - Product Updates](/content/releasenotes/total-comp-geo-factor-refresh-1pikpe/index.html): What's new?Benchmarks version 2022-05-26What changes can I expect from these benchmarks?Geographic adjustments have been updated to reflect ... (400 words)
- [Variable Commitments for Funds - Carta Release Notes - Product Updates](/content/releasenotes/variable-commitments-for-funds-4cgrho/index.html): What's new?  GPs can now set a capital commitment range for LPs when closing into their fund.  What’s important about this change?  Providin... (175 words)
- [Insights for Carta Total Compensation - Carta Release Notes - Product Updates](/content/releasenotes/insights-for-carta-total-compensation-3f4h2m/index.html): What’s new?In order to communicate more information about the benchmark data in Carta Total Compensation, we are now providing several metri... (527 words)
- [Extracting Insights from Fund Financial Statements: A Practical Guide](/content/sg/en/blog/data-extraction-fund-financial-statements/index.html): Learn how to automate data extraction and analysis for fund financial statements, giving you actionable insights to support investment decisions and portfolio growth. (1,480 words)
- [Best Cap Table Software for 2026 | Buying Guide](/content/uk/en/best-cap-table-software/index.html): Manage equity with ease using the best cap table software for 2026. Compare features, pricing, and benefits of top solutions like Carta, Pulley, and more to find the best fit for your company’s growth and compliance needs., , ,  (1,977 words)
- [Information sharing for fund admin customers - Carta Release Notes - Product Updates](/content/releasenotes/information-sharing-for-fund-admin-customers-2ck51k.html): As a Carta fund administration customer, you can now share your SOI, Deal IRR and Fund performance pages with your investors in-app.    We’v... (125 words)
- [Additional checks for the ISO 100k limit - Carta Release Notes - Product Updates](/content/releasenotes/additional-checks-for-the-iso-100k-limit-1kunsk/index.html): What's coming: Carta will automatically check for the ISO 100k limit in additional workflows and features across the app Who this affects: C... (141 words)
- [View your entire portfolio, now from your phone - Carta Release Notes - Product Updates](/content/releasenotes/view-your-entire-portfolio-now-from-your-phone-vip4k.html): What's new? Fund managers can now view investment performance for each of their portfolio companies, wherever they are.  What’s important ab... (116 words)
- [Expenses on Carta - Reimbursements - Carta Release Notes - Product Updates](/content/releasenotes/expenses-on-carta-reimbursements-4brndc/index.html): What's new? Submit reimbursements directly on Carta. Now, you can skip the back-and-forth over email and upload all the required informatio... (156 words)
- [Schedule the Release of Your Fund Financials to Investors - Carta Release Notes - Product Updates](/content/releasenotes/schedule-the-release-of-your-fund-financials-to-investors-1zt8pk.html): At Carta, we are on a mission to have your quarterly and annual fund financials delivered faster each period. We understand that our custome... (168 words)
- [Grant fund investment access on your investor's behalf - Carta Release Notes - Product Updates](/content/releasenotes/grant-fund-investment-access-on-your-investors-behalf-2ppjiu.html): 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 fe... (170 words)
- [Carta's 409A valuation practice](/content/sg/en/product-updates/carta-valuation-practice/index.html): Frequently Asked Questions regarding Carta’s valuation practices and methodologies (1,881 words)
- [Schedule Investor Notices - Carta Release Notes - Product Updates](/content/releasenotes/schedule-investor-notices-3iwlok/index.html): What's new? Take control of your investor communications with proactive scheduling. What’s valuable about this change? Specify the date you ... (96 words)
- [Variable Programs in Carta Total Comp is now available - Carta Release Notes - Product Updates](/content/releasenotes/variable-programs-in-carta-total-comp-is-now-available-1iha7m.html): What's new?Variable Compensation ProgramsWe’re excited to share that Variable Compensation Programs is now available to all users.  Bring yo... (213 words)
- [Capital Call Wire Instructions - Carta Release Notes - Product Updates](/content/releasenotes/capital-call-wire-instructions-3azzkw/index.html): What's new? Make critical updates to your capital calls when it matters most. What’s valuable about this change? Now, you can revise wire in... (84 words)
- [Streamline the audit confirmation process](/content/sg/en/product-updates/audit-confirmation-tool/index.html): Our latest update lets your fund, auditors, and portfolio companies seamlessly manage investment confirmations and valuation questions.,  (398 words)
- [The Essential Startup Manager's FAQ - From the CEO | Carta](/content/sg/en/blog/a-managers-faq/index.html): Carta works hard to inspire greatness in its employees. That responsibility falls on managers. Here are some FAQs to help you do the same. (2,122 words)
- [The Reality for Australian Startups when Issuing U.S. Employee Equity](/content/sg/en/blog/australian-startups-issuing-us-equity/index.html): International expansion introduces regulatory and tax complexities that many startups underestimate. Find out what Australian founders need to consider when issuing equity to U.S. employees. (669 words)
- [Changes to acceptance reminder emails - Carta Release Notes - Product Updates](/content/releasenotes/changes-to-acceptance-reminder-emails-2pwpgq/index.html): As the SEC transfer agent for our private companies, we want every user on Carta to accept their securities.  We have updated our notificati... (87 words)
- [Dilution is on the decline](/content/sg/en/data/dilution-q1-2024/index.html): Over the past five years, dilution levels have declined at every stage of startup life. This can have compounding effects for the makeup of company cap tables.  (1,353 words)
- [Switch emails in your account - Carta Release Notes - Product Updates](/content/releasenotes/switch-emails-in-your-account-31imtq/index.html): You can now easily switch between your contact and additional emails on web.  Under the settings page you are able to add additional emails.... (64 words)
- [Offer Letter BETA is now available - Carta Release Notes - Product Updates](/content/releasenotes/offer-letter-beta-is-now-available-thvqw/index.html): What's new? Offer Letter is now available in BETA Carta Offer Letter is a fully interactive offer statement that communicates the full pictu... (237 words)
- [The Carta liquidity report: Q2 2022 | Carta](/content/uk/en/data/carta-liquidity-report-q2-2022/index.html): How are these factors impacting private market liquidity? As venture capital has slowed after several months of unprecedented activity and rises in (950 words)
- [Total Cash Compensation Benchmarks for Sales - Carta Release Notes - Product Updates](/content/releasenotes/total-cash-compensation-benchmarks-for-sales-12pq4u.html): What’s new?Carta will now provide total cash compensation benchmarks for the Sales job area. Total cash compensation is defined as base sala... (243 words)
- [Quarterly Salary + Total Cash Benchmark Refresh - Carta Release Notes - Product Updates](/content/releasenotes/quarterly-salary-total-cash-benchmark-refresh-1qrlqq.html): What’s new?Benchmarks version 2022-11-10What changes can I expect from these benchmarks?We have updated salary benchmarks for all job areas ... (293 words)
- [Orchestrate Complex Expense Allocations with Confidence](/content/sg/en/product-updates/new-expense-allocation-experience/index.html): Simplify expense allocation with automated invoice extraction, flexible allocation methods, and unified multi-entity payment management.,  (444 words)
- [Major Update: Carta App for Android - Carta Release Notes - Product Updates](/content/releasenotes/major-update-carta-app-for-android-1acpvm/index.html): We’re bringing a large update to drastically enhance the Carta experience for Android customers.  Register for you account in a few quick st... (65 words)
- [Easier LP access to capital call notices - Carta Release Notes - Product Updates](/content/releasenotes/easier-lp-access-to-capital-call-notices-11xfli/index.html): If you manage a fund, we know how important it is to provide a great experience for your LPs. That’s why, for customers of our Fund Administ... (249 words)
- [Share Offer Letters via a link - Carta Release Notes - Product Updates](/content/releasenotes/share-offer-letters-via-a-link-4kflgs/index.html): What’s newCTC customers can now send Offer Letters to candidates with a simple URL link if they are not using Carta’s candidate acceptance f... (134 words)
- [VC Dollars Grow More Concentrated Amid Fewer Deals and New Funds](/content/sg/en/data/vc-concentration-2024/index.html): Venture investors and venture-backed founders are two distinct groups, but they’re facing a similar conundrum: Raising capital isn’t as simple as it used to be. (1,250 words)
- [LP Fund Commitment Updates - Carta Release Notes - Product Updates](/content/releasenotes/lp-fund-commitment-updates-y8ucw/index.html): Carta partners with fund managers to provide a great Limited Partner experience. Today, we released an update that makes LP fund commitments... (106 words)
- [Technical improvements to navigation - Carta Release Notes - Product Updates](/content/releasenotes/technical-improvements-to-navigation-1hrd2u/index.html): The Design Technology team at Carta is updating the top level navigation of our app, to benefit from the latest Ink Design System improvemen... (132 words)
- [Employment Related Securities & ERS Returns](/content/sg/en/learn/startups/equity-management/ers-return/index.html): U.K. companies must file an ERS return with HMRC by July 6 to report share-related events from the previous tax year. Learn how the annual return works for different ERS schemes and how Carta simplifies the process. (957 words)
- [All Fund Investment page for Limited Partners - Carta Release Notes - Product Updates](/content/releasenotes/all-fund-investment-page-for-limited-partners-mmwzw.html): Limited Partners can now see details of all of their fund investments in one place. The new All Fund Investments page allows Limited Partner... (110 words)
- [Browser support update - Carta Release Notes - Product Updates](/content/releasenotes/browser-support-update-2hsxf6/index.html): Carta no longer supports Internet Explorer 11. We are committed to deliver a great user experience, and we support all modern browsers.  Cus... (51 words)
- [New Limited Partner Onboarding - Carta Release Notes - Product Updates](/content/releasenotes/new-limited-partner-onboarding-wszik/index.html): Limited Partners (LPs) on Carta have a brand new onboarding experience.  Our investor clients depend on Carta to communicate with their LPs.... (257 words)
- [Hire internationally using Carta Offer Letters - Carta Release Notes - Product Updates](/content/releasenotes/hire-internationally-using-carta-offer-letters-eo7gk.html): What’s newTotal Comp customers can now send Offer Letters in 140 international currencies. Candidates will be able to view their Offer Lette... (183 words)
- [New navigation for Limited Partners on the LP Portal - Carta Release Notes - Product Updates](/content/releasenotes/new-navigation-for-limited-partners-on-the-lp-portal-rk74y.html): It’s now easier than ever for Limited Partners on Carta to navigate the LP Portal. With our updated navigation system, all users with a fund... (102 words)
- [Bridge rounds remain high in Q1 2024 | Carta](/content/sg/en/data/bridge-rounds-q1-2024/index.html): In a tight market for primary venture fundraising, a historically high number of startups are turning to bridge rounds.  (1,081 words)
- [Issuing Options: 5 Common Mistakes To Avoid | Carta](/content/sg/en/blog/issuing-options-mistakes/index.html): Issuing options is a complex and delicate process. Avoid these five common mistakes to make sure you're doing it right. (1,006 words)
- [Updated password creation - Carta Release Notes - Product Updates](/content/releasenotes/updated-password-creation-2fcaca/index.html): We improved the process of setting up the password when account is being created. Carta now instantly shows how strong is the password and g... (51 words)
- [Send an Offer Letter directly from the Bands page - Carta Release Notes - Product Updates](/content/releasenotes/send-an-offer-letter-directly-from-the-bands-page-17yhag.html): What’s newAll CTC customers can now save time by seamlessly previewing and sending Offer Letters straight from the Bands tab.  Companies who... (245 words)
- [As VC deals shrink, convertible fundraisings are on the rise | Carta](/content/data/convertible-fundraisings-q1-2023/index.html): To lengthen runway and avoid a down round, startups are increasingly embracing SAFEs and convertible notes. (1,188 words)
- [Land top talent by giving candidates optionality during negotiations - Carta Release Notes - Product Updates](/content/releasenotes/land-top-talent-by-giving-candidates-optionality-during-negotiations-1zz8pa.html): What’s newFlexible Offer Letters are now available to all Carta Total Compensation customers.    Who this affectsAll Carta Total Compensatio...,  (254 words)
- [Breaking the traditional VC mold: Insights on fund structures for the future](/content/sg/en/blog/innovators-summit-la-keisha-landrum-pierre/index.html): Investing in female founders isn't just about making a positive impact, says the Emmeline Ventures co-founder—it's good business. (1,155 words)
- [Set up and send your first Offer Letter with a few clicks - Carta Release Notes - Product Updates](/content/releasenotes/set-up-and-send-your-first-offer-letter-with-a-few-clicks-25kdm8.html): What’s new?We're introducing an easy way for new Carta Total Comp users to send their first offer letter in just a few clicks. With our new ... (144 words)
- [Updated Scorecard for Total Cash Compensation - Carta Release Notes - Product Updates](/content/releasenotes/updated-scorecard-for-total-cash-compensation-1itluq.html): What’s new?Carta has updated the Scorecard to feature total cash compensation targets and compa-ratios for all employees within the sales jo... (196 words)
- [Winning go-to-market strategies: Insights from a revenue chief](/content/sg/en/blog/innovators-summit-david-hughson/index.html): David Hughson of Remofirst, a panelist at Carta's upcoming Innovators Summit, outlines the best approaches for startups looking to strengthen their GTM motions. (1,771 words)
- [How dataroomHQ raised $3.5M through a cold LinkedIn message](/content/blog/fundraising-files-dataroomhq/index.html): In a tough fundraising environment, founder and CEO Jeff Schwartz saw an opportunity to tout the product he was building to an investor. The result: a term sheet. (2,876 words)
- [New specializations for Design and Operations - Carta Release Notes - Product Updates](/content/releasenotes/new-specializations-for-design-and-operations-3n3fhe.html): What’s new?We’re excited to announce the release of two new specializations: UX Design (within the Design job area)Logistics and Supply Chai... (300 words)
- [Typical Time Between VC Rounds is Shrinking in SaaS, Rising in Fintech](/content/sg/en/data/time-between-vc-rounds-2024/index.html): The median wait time between a seed round and a Series A is much longer today than it was three years ago. At other stages, the difference is even more noticeable—though not in all sectors.  (920 words)
- [Updated Email Design - Coming in One Week - Carta Release Notes - Product Updates](/content/releasenotes/updated-email-design-coming-in-one-week-fy9so/index.html): An email from Carta is often the first interaction we have with our users—and we aim to make this first impression a great one. That doesn’t... (196 words)
- [Email Kit Redesign - Carta Release Notes - Product Updates](/content/releasenotes/email-kit-redesign-bqznm/index.html): Today we’re releasing our redesigned email kit. Emails are often the first touch points we have with our users. They should be a clear and... (172 words)
- [Announcing (new and improved) Release Notes - Carta Release Notes - Product Updates](/content/releasenotes/announcing-new-and-improved-release-notes-2ebqak/index.html): Over the last few months, we’ve been listening to your feedback on our changelog and identified usability and customization as two areas for... (191 words)
- [Quarterly refresh of salary, total cash, and equity benchmarks - Carta Release Notes - Product Updates](/content/releasenotes/quarterly-refresh-of-salary-total-cash-and-equity-benchmarks-48zbsa.html): What’s new?Benchmarks version 2023-23-02What changes can I expect from these benchmarks?We have updated salary, total cash, and equity bench... (333 words)
- [First Cut—State of Private Markets: Q2 2024 | Carta](/content/sg/en/data/first-cut-state-of-private-markets-q2-2024/index.html): Initial data from Q2 2024 shows modest increases in median valuation and round size across much of the U.S. venture ecosystem. (337 words)
- [Changes to Watermark Styling - Carta Release Notes - Product Updates](/content/releasenotes/changes-to-watermark-styling-1fhqoo/index.html): We've listened to your feedback on watermark styling obstructing the readability of the documents and we've made a few changes to address th... (118 words)
- [Private credit pressures and policy implications](/content/uk/en/policy/policy-weekly-02-24-26/index.html): Blue Owl’s redemption halt signals liquidity risks in retail private credit, while the SEC previews "Project Crypto" safe harbors. Plus, NIST sets AI standards, SCOTUS blocks global tariffs, and the FTC defends expanded HSR merger filings. (2,141 words)
- [Limited Partner Mobile Experience - Carta Release Notes - Product Updates](/content/releasenotes/limited-partner-mobile-experience-24xogk/index.html): What's new? LPs can now manage their investments, all from their mobile device.  What’s important or valuable about this change? Access your... (252 words)
- [Limited Partner Onboarding flow - Carta Release Notes - Product Updates](/content/releasenotes/limited-partner-onboarding-flow-3suugs/index.html): Limited partners now confirm that their information is accurate when viewing new investments on Carta. This will help ensure accurate inform... (108 words)
- [How a Canadian founder's curiosity led to a surprise term sheet](/content/sg/en/blog/fundraising-files-heylist/index.html): The CEO of Heylist and former PR exec used fact-finding conversations with investors in her network to help raise a pre-seed round for the Montreal-based company, which connects brands and influencers. (2,180 words)
- [Wire Instructions Request Email - Carta Release Notes - Product Updates](/content/releasenotes/wire-instructions-request-email-mfr20/index.html): Fund admins can now trigger an email to request that Limited Partners update their wire instructions ahead of a distribution. The primary on... (89 words)
- [Pre-filling Subscription Documents for Existing LPs - Carta Release Notes - Product Updates](/content/releasenotes/pre-filling-subscription-documents-for-existing-lps-2vdow.html): If you are an LP, you’ve felt the pain of filling out subscription documents. You go through the same long investor questionnaire with the s... (174 words)
- [How to build lasting LP relationships: Insights for emerging fund managers](/content/sg/en/blog/innovators-summit-lisha-bell/index.html): Lisha Bell, a PayPal fund manager and a panelist at Carta's upcoming Innovators Summit, offers tips for first-time fund managers. (1,407 words)
- [Carta's Private Markets Report - Q4 2020 | Carta](/content/uk/en/data/cartas-private-markets-report-q4-2020/index.html): Carta's Private Markets Quarterly Report examines trends across venture-backed companies and security holders in private companies. (1,022 words)
- [Designing Carta Launch for early-stage founders | Carta](/content/uk/en/blog/designing-carta-launch/index.html): A customer’s first impression of a product goes a long way. In fact, the thing you choose to have your customers see first is the only thing all customers (1,811 words)
- [In-app Wire Instructions for Limited Partners - Carta Release Notes - Product Updates](/content/releasenotes/in-app-wire-instructions-for-limited-partners-q4cam.html): Limited partners with fund investments on Carta can now securely update their wire instructions through our portal.  When a limited partner ... (86 words)
- [Colorado is bucking the trend of slumping startup investment | Carta](/content/data/colorado-vc-2022/index.html): Colorado has proven more resilient than most other states as the U.S. venture capital sector endures a pullback in funding. (1,193 words)
- [How a Spanish Solar Startup Succeeded in the U.S. Market](/content/blog/fundraising-files-solarmente/index.html): SolarMente's founder sought a way to access U.S. networks while building a business overseas. It led to a spot in Y Combinator, a $50M funding round, and investment from a famous actor. (2,551 words)
- [Orchestrate Complex Expense Allocations with Confidence](/content/product-updates/new-expense-allocation-experience/index.html): Simplify expense allocation with automated invoice extraction, flexible allocation methods, and unified multi-entity payment management.,  (429 words)
- [Custom Tear Sheets with AI-Generated Commentary ](/content/sg/en/product-updates/tear-sheet-builder-ai-features/index.html): The tear sheet builder now includes AI-generated qualitative commentary, additional templates and personalization options, and datasets updated every five minutes for accuracy in reporting and meetings.
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- [Improvements to our login screen - Carta Release Notes - Product Updates](/content/releasenotes/improvements-to-our-login-screen-1gnltm/index.html): What’s coming: We've made a few changes to our login screen to help users get access to their Carta account. We want to make sure your first... (98 words)
- [How to manage vesting schedule templates in Carta LLC | support.carta.com](/content/support/kb/guide/en/how-to-manage-vesting-schedule-templates-in-carta-llc-ziargti6ze/steps/3772964-3772954-3772960-3772956-3773059-3772963-3772961-3772958.html): How to manage vesting schedule templates in Carta LLC The Vesting library supports two kinds of vesting criteria that can be created as a template to easily use when issuing new interests:Time (or Service): Vests after an amount of time has elapsed. For example, 10,000 units vest 1/48 each month for 48 months.Performance: Vests after an event has taken place. For example, 5,000 units vest when the enterprise value has been increased by 2x.Each Vesting plan template may have any combination of Time-based and/or Performance-based criteria for a given tranche of units. Users with Full administrator permissions can create performance conditions and standard or custom vesting templates. (480 words)
- [International Scorecards - Carta Release Notes - Product Updates](/content/releasenotes/international-scorecards-rjtbm/index.html): What’s new?International salary and equity targets are now on both the company and employee Scorecards. This now enables users to easily com... (188 words)
- [U.S. national average geo-adjustments - Carta Release Notes - Product Updates](/content/releasenotes/u-s-national-average-geo-adjustments-3huxaq.html): What’s new?You can now use benchmarks that are adjusted to reflect US national average pay levels. This new feature allows you to use an acc... (198 words)
- [New Partners Dashboard - Carta Release Notes - Product Updates](/content/releasenotes/new-partners-dashboard-1haq5g/index.html): What’s new?We’ve launched a new Partners Dashboard that gives Fund Administration customers firm-level visibility into their LP relationship... (322 words)
- [Corporate Transparency Act (CTA) Beneficial Ownership Information Report (BOIR) for Fund Managers - Carta Release Notes - Product Updates](/content/releasenotes/corporate-transparency-act-cta-beneficial-ownership-information-report-boir-for-fund-managers-1gumue.html): 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 ... (432 words)
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- [Where to set up your fund: A comparative guide for fund managers](/content/uk/en/blog/fund-jurisdictions-comparison/index.html): Choosing the right jurisdiction depends on your fund's goals, investor base, and regulatory preferences. Here is a breakdown of six non-U.S./Europe regions favored by fund managers.
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- [How Emergent Ventures Stays Tax-Ready All Year with Carta](/content/sg/en/customer-stories/emergent-ventures/index.html): Emergent Ventures, a venture capital firm based in San Mateo, California, counts on Carta for end-to-end fund management, connecting tax readiness with fund administration in one place. (855 words)
- [How to create, issue, and share interests in Carta LLC | support.carta.com](/content/support/kb/guide/en/how-to-create-issue-and-share-interests-in-carta-llc-ti1vy15z8i/steps/3758461-3758477/index.html): How to create, issue, and share interestsPrior to reflecting a fundraising round, LLC Full administrators can seamlessly create, issue, and share new interest types, ensuring precise and efficient equity administration. (633 words)
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- [Venture scouting – networks-based investing](/content/uk/en/learn/private-funds/structures/venture-scouts/index.html): Venture scouts are individuals external to a VC firm, who are able to identify promising startups at the early stage and pass on deal flow to venture firms. (843 words)
- [How to Operate a Successful Angel Network | Carta UK](/content/uk/en/learn/private-funds/structures/spv/angel-network/index.html): From just a handful of investor networks on the continent in the late 90s to a market that today sees more than 2,000 angel groups and 450,000 investors, the space is hotter than never.  (512 words)
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- [Why  Pelion Venture Partners Chose Carta for Innovative Fund Admin ](/content/sg/en/customer-stories/pelion-venture-partners/index-2.html): Trevor Lund, VP of Finance at Pelion Venture Partners, explains why he chose Carta, and what excites him about AI innovation for Fund Administration.  (53 words)
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- [How to use the information sharing page | support.carta.com](/content/support/kb/guide/en/how-to-use-the-information-sharing-page-dqtcljupty/steps/3798757/index.html): How to use the information sharing pageThe Information sharing page allows Carta Fund Administration customers to share investment, fund performance, and capital account information with investors.Both funds using and not using Carta for fund administration can share the Capital account pages with their investors.Navigate to the Partners tabClick into the Information sharing pageOn the right, the Sharing through date can be set to a specific date or shared in real time. If you would like to update this date please contact your fund administration team. (314 words)
- [Our Series E and the future of Carta | Carta](/content/uk/en/blog/seriese/index.html): At Carta, we're building an ownership network that changes how assets are acquired, valued, and transacted. To propel Carta forward, we just raised our Series E. Here are the details. (525 words)
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- [2023 Enterprise Tech 30 List: How Does The ET30 Universe Compare?](/content/uk/en/data/enterprise-30-2023/index.html): Each year, ET30 identifies the most promising startups in enterprise tech. This year, Carta is offering data to contextualize the fundraising metrics for companies in the ET30 universe. (249 words)
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- [Terms & Agreements | Legal Hub](/content/sg/en/legal/terms-agreements/index.html): Review the terms that explain how the platform works, what's included, and the responsibilities on both sides. (157 words)
- [The Carta Blog: All Posts](/content/sg/en/blog/all/index.html): See all of our blog posts in all categories by date. (159 words)
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- [State of Private Markets: Q1 2022](/content/uk/en/data/state-of-private-markets-q1-2022/index.html): To help investors, founders, and employees make decisions and understand market conditions, Carta regularly shares data in our State of Private Markets report. (2,439 words)
- [State of Private Markets Q3 2025](/content/uk/en/data/state-of-private-markets-q3-2025/index.html): The industry continued to grow, marked by key trends: Early-stage valuations keep rising, down rounds are growing less frequent, and the Bay Area still reigns supreme. See all the best data in our latest report.
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- [Carta Policy: Weekly Brief for July 29 | Carta](/content/uk/en/policy/policy-weekly-07-29-22/index.html): Major breakthrough on tax and climate package. Proposed bill includes tax hike on carried interest, but QSBS and IRA private investment spared. (945 words)
- [How to request and track LP wire confirmations | support.carta.com](/content/support/kb/guide/en/how-to-request-and-track-lp-wire-confirmations-z8c1eybrot/steps/3724999/index.html): How to request and track LP wire confirmationsPrior to distributions, GPs can request wire confirmations from LPs directly through the Carta platform. Once the request is sent, the LP will receive an email from Carta prompting them to update or confirm their wire instructions in their LP Portal.LP wire confirmation emails can be sent via the distribution request workflow or directly on the partners page.. Click Request Wire Instructions on the distribution request confirmation page or the Partners page (164 words)
- [Why Your Cap Table and Waterfall Must Be Natively Connected](/content/uk/en/blog/llc-cap-table-waterfall/index.html): Disconnected cap tables and waterfall models slow deals and add risk. Learn why PE-backed LLCs need a connected equity system for investor readiness. (1,064 words)
- [Carta Enters LP Portfolio Analytics through Acquisition of Accelex](/content/sg/en/blog/accelex-acquisition/index.html): LPs are the heartbeat of the innovation economy. The latest addition to the Carta product suite marks our first product specifically built for institutional capital allocators to manage their alternative asset data and portfolios.
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- [Introducing Automated Money Movement | Carta](/content/uk/en/product-updates/introducing-automated-money-movement/index.html): With Automated Money Movement, client requests related to management fees and expense reimbursements will be automatically set up for client approval, reducing processing times and ensuring consistency and timely execution. (477 words)
- [Average salary ranges in NYC: Engineering, product, customer success | Carta](/content/sg/en/data/average-salary-bands-in-nyc/index.html): Average pay and equity bands in NYC depend on profession. Engineers earn $72K-$390K; product earns $63K-$412K; and customer success roles earn $40K-$368K. (545 words)
- [State of Private Markets Q3 2025](/content/sg/en/data/state-of-private-markets-q3-2025/index.html): The industry continued to grow, marked by key trends: Early-stage valuations keep rising, down rounds are growing less frequent, and the Bay Area still reigns supreme. See all the best data in our latest report.
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- [List Deal Fields](/content/docs/crm/reference/publicdealmetadatacontrollergetalldealfields/index.html): Returns all available deal fields, both standard built-in fields and custom user-defined fields. Use the returned fieldId values in filter and aggregation endpoints. (74 words)
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- [Portfolio Holdings Are Now Interactive in Claude](/content/uk/en/product-updates/portfolio-holdings-claude/index.html): Interactive SOI artifacts are now available in Claude, powered by the Carta Investors Plugin. Effortlessly sort, filter, and search your fund holdings with a new fund-level dropdown that connects directly to the Carta Data Warehouse. (208 words)
- [Keep an eagle eye over shared expenses](/content/uk/en/product-updates/manco-split-expenses-allocations/index.html): When your management company pays a shared expense, instantly split it across entities—giving you effortless traceability.,  (259 words)
- [The shift to SAFEs varies by sector | Carta](/content/uk/en/data/safes-vs-convertible-notes-by-sector-2023/index.html): SAFEs were about five times more common than convertible notes in H1 2023. But in some sectors, convertible notes are still the top choice. (509 words)
- [Carta announces Loan Operations for private credit funds with Sirvatus acquisition](/content/sg/en/blog/sirvatus-acquisition/index.html): By owning the loan operations and connecting that data directly to our fund accounting workflows, we can deliver a far superior experience for an asset class that has largely been ignored by software providers. 
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- [Security | Legal Hub](/content/sg/en/security/index-2.html): Explore security, availability, and transparency at Carta. (23 words)
- [Adding CRM to the Carta ERP](/content/sg/en/blog/listalpha-acquisition/index.html): By bringing a CRM directly into Carta's ERP for private capital, funds can manage deal flow, LP relationships, and advisor networks on a single, AI-enabled platform. (402 words)
- [Compliance | Legal Hub](/content/sg/en/legal/compliance/index-2.html): Discover how we tackle compliance at Carta. (21 words)
- [VC round sizes rebound after a year of declines | Carta](/content/sg/en/data/round-sizes-rebound-q1-2023/index.html): Q1 2023 marked the first time since Q4 2021 that the median round size increased at Series A through Series D. (483 words)
- [Privacy | Legal Hub](/content/sg/en/legal/privacy/index.html): See how we handle your information—what's collected, how it's used, and your choices. (47 words)
- [Zoom AI Notetaker Integration](/content/docs/crm/docs/zoom-integration/index.html): Carta CRM's Zoom integration automatically imports your Zoom AI Companion meeting summaries into Carta CRM as notes, and links each summary to the matching contacts and deals by attendee email. It is read-only: it reads post-meeting summaries via the Zoom API and never joins or records live meetings… (643 words)
- [Bridge rounds remain high in Q1 2024 | Carta](/content/uk/en/data/bridge-rounds-q1-2024/index.html): In a tight market for primary venture fundraising, a historically high number of startups are turning to bridge rounds.  (1,036 words)
- [Advanced - Multi-Fund Views | support.carta.com](/content/support/kb/guide/en/advanced-multi-fund-views-rju7egdivt/steps/4213401/index.html): Multi-Fund ViewsMulti-Fund View enables you to pool together multiple vehicles into a single dashboard for analytics.Multi-Fund Views are part of Enterprise Plans only. Please contact us at fund-forecasting@carta.com if you would like access to this feature.RequirementsAll pooled vehicles must be in the same fund currencyQuick StartFrom your home screen, go to the Multi-Fund View > Create a Multi-Fund View tabGive the view a name and select vehicles to combine. Click on Save (58 words)
- [How to understand and manage investor permissions | support.carta.com](/content/support/kb/guide/en/how-to-understand-and-manage-investor-permissions-kfjifwuvtm/steps/3724893/index.html): How to understand and manage investor permissionsInvestors on Carta can have several different account types and accompanying permissions. When looking at your account, go to the left sidebar and locate the settings option towards the bottom of the list.Investment firm users will navigate to Firm Settings > Settings.Limited partners will navigate to Account Settings > Settings.Personal portfolio users will navigate to Settings > People.On the People tab, look for the distinctions below to determine which type of account you have, then select an option below to learn how to manage your account users and permissions:If you see a blue Admin tag on the page and your table contains an Access level column, you have an investment firm account.If you see a User type column, you have a limited partner account.If your People page only shows columns for Name and Email, you have a personal portfolio.Select the appropriate option below to learn how to manage users on your account, and their associated permissions. (190 words)
- [Fund Administration is Broken | Carta](/content/sg/en/blog/fund-admin-is-broken/index.html): VCs can see real-time IRR instead of waiting for quarterly updates. And they can run capital calls and share documents with LPs. All on the Carta platform. (394 words)
- [Carta integration with Stripe Atlas helps founders fundraise faster | Carta](/content/uk/en/product-updates/carta-stripe-atlas-api-partnership/index.html): Founders who need to incorporate and get a tax ID will have the option to visit Stripe Atlas during signup for Carta Launch. (518 words)
- [Guide to drafting and issuing securities on Carta | support.carta.com](/content/support/kb/guide/en/guide-to-drafting-and-issuing-securities-on-carta-7m1ipmvk2g/steps/3760300/index.html): Guide to drafting and issuing securities on CartaEquity is our business here at Carta, and our industry-leading software makes easy to issue a range of electronic securities and convertible instruments. Select a category for more information. (103 words)
- [List Pipelines](/content/docs/crm/reference/index.html): A pipeline represents the sequence of stages a deal passes through from initiation to completion. The Deal and Credit teams use different pipelines to manage their workflows effectively. (58 words)
- [Carta Policy: Weekly Brief for June 24 | Carta](/content/policy/policy-weekly-06-24-22/index.html): SEC releases regulatory agenda as Congress works to agree on Bipartisan Innovation Act and Build Back Better before August break. (2,001 words)
- [Use Firstbase to Automatically Create a Cap Table on Carta Launch | Carta](/content/uk/en/product-updates/firstbase-carta-launch/index.html): Today, we’re announcing the integration of Carta Launch with Firstbase so you can focus on building your company instead of your cap table. Once you’ve (374 words)
- [What are benefit plan investors? | support.carta.com](/content/support/kb/guide/en/what-are-benefit-plan-investors-dk9qdlpaxh/steps/3725415/index.html): What are benefit plan investors?Benefit Plan Investors are generally investment entities that invest on behalf of a person with money from his/her employment benefits or retirement investments. It is a legal classification used in the United States to designate investment entities that are subject to some additional legal requirements as found in the Employee Retirement Investment Security Act (ERISA) and the Internal Revenue Code Section 4975.Who is a benefit plan investor?A Benefit Plan Investor is defined by the money that they manage, more specifically where the money comes from and on whose behalf is the money being managed. Below is legal text defining who is a Benefit plan investor but it can be summarized as anyone that manages money on behalf of a person and their money from a employment benefit package or certain types of retirement investment vehicles (Pension plans, 401Ks, IRAs, etc)If you don't manage a fund that uses money from a retirement plan it is likely you are not a Benefit Plan Investor.Benefits plan investors manage:(i) an “employee benefit plan” (as defined in Section 3(3) of ERISA), that is subject to part 4 of Title I of ERISA, (ii) a “plan” (as defined in Section 4975(e)(1) of the Code), including, without limitation, individual retirement accounts and Keogh plans or (iii) an entity whose underlying assets include plan assets by reason of such an employee benefit plan’s or plan’s investment in such entity, including, without limitation, as applicable, an insurance company general account. Read more on about ERISA here.What does this mean for investors?In the Employee Retirement Investment Security Act (ERISA), Congress implemented standards for entities offering benefit plans to employees so that the beneficiaries of these plans are protected from mis-management. This means that investment entities that manage "plan assets" (assets from a one of these types of plans) have to obey the stipulations of this law. Section 4975 of the Internal Revenue Code also has implications for Benefits Plan Investors that implement fiduciary responsibilities that may apply to Benefit Plan Investors. Applicable examples of requirements for Benefit Plan Investors:Benefit Plan Investors may be required to diversify their investment positions to minimize risk of large losses if they are managing certain types of plan assets (401Ks have more stipulations than an IRA for example)Therefore a Benefit Plan Investor may not be allowed to commit large percentages of their portfolio into an investment class, for instance Venture Capital.Benefit Plan Investors must avoid conflicts of interest in how they invest the plan assets.Funds that have Limited Partners that are Benefit Plan Investors may be subject to additional disclosure requirements.This classification of a Limited Partner is useful information for a fund because it may dictate the amount of transparency required and how much of the fund can be comprised of entities that are classified as Benefit Plan Investors. Therefore checking with a Limited Partner before they commit capital to see if they are Benefit Plan Investor will help prepare for future stipulations of having such a partner. (487 words)
- [How to view and track LP contact changes | support.carta.com](/content/support/kb/guide/en/how-to-view-and-track-lp-contact-changes-w3efzaj25c/steps/3798892/index.html): How to view and track LP contact changesGeneral Partners can see a clean audit log of all changes to LP contacts. If any permissions are changed after an LP has been added to the partner list, visibility into who made the change and what permissions were changed is available in the contact audit log.To view the contact audit logOpen the Partners tabSelect the Contacts sub-tab (107 words)
- [Are Your Cap Table and Waterfall Investor-Ready?](/content/uk/en/blog/llc-cap-table-waterfall-investor-ready/index.html): Ensure your equity data can stand up to audits, due diligence, and investor calls with tools that deliver real-time answers and eliminate spreadsheet risk. (1,621 words)
- [Now you can use Rippling and Carta together | Carta](/content/uk/en/blog/rippling-carta-compensation/index.html): Carta’s salary and equity compensation software works with Rippling’s HR employee management platform to show people management and equity data in one place. (450 words)
- [Employment Related Securities & ERS Returns](/content/learn/startups/equity-management/ers-return/index.html): U.K. companies must file an ERS return with HMRC by July 6 to report share-related events from the previous tax year. Learn how the annual return works for different ERS schemes and how Carta simplifies the process. (1,126 words)
- [2025 Startup Equity & Workforce Report: APAC & ME](/content/data/apac-me-equity-report/index.html): Carta’s data shows a stark reversal in workforce movement across the Asia-Pacific and Middle East regions in recent years. Hiring has slowed, while departures have become more common. (659 words)
- [Secondary Transactions in APAC: How Employees Unlock Equity Compensation](/content/sg/en/blog/secondary-transactions-apac-employee-equity/index.html): With few exits and IPOs in APAC, how can employees reap the rewards of their equity compensation? A solution can be found in secondary transactions. (705 words)
- [How to manage LLC interest holders | support.carta.com](/content/support/kb/guide/en/how-to-manage-llc-interest-holders-yizcw180wr/steps/3772914-3772912/index.html): How to manage LLC interest holders Interest holders are the individuals and organizations that hold an equity interest in the entity. Although interest holders are automatically created upon interest issuance, interest holders can also be added manually in Carta. Carta LLC users with Full administrator permissions can:View all existing holdersCreate new records for individuals and non-individualsEdit existing interest holders (148 words)
- [How to create, issue, and share interests in Carta LLC | support.carta.com](/content/support/kb/guide/en/how-to-create-issue-and-share-interests-in-carta-llc-ti1vy15z8i/steps/3724554-3758495/index.html): How to create, issue, and share interestsPrior to reflecting a fundraising round, LLC Full administrators can seamlessly create, issue, and share new interest types, ensuring precise and efficient equity administration. (74 words)
- [Why Umami Bioworks Chose Carta Over Pulley for Its International Startup](/content/uk/en/customer-stories/umami-bioworks/index.html): For Umami Bioworks, a seafood-cell cultivator based in Singapore, managing ownership and equity at a global level is complex. Founder Mihir Pershad knew continuing to manage Umami’s ownership with Pulley wasn’t going to cut it.  (734 words)
- [How to manage company users and permissions | support.carta.com](/content/support/kb/guide/en/how-to-manage-company-users-and-permissions-1miw0urgrh/steps/3724550-3768145/index.html): How to manage company users and permissionsThe Users and permissions page allows admins to control who can access and manage company account data, including the cap table. Setting the right permissions helps you:Protect company dataMaintain data accuracyEnsure transparency across financial operationsCompany administrators are individuals who will manage the company's cap table, not stakeholders.  . To share cap table data with stakeholders (e.g., investors or employees with equity), manage your company's cap table access settings.Permissions ans roles; permissions and roles page Select an option below for more information. (209 words)
- [Carta CRM API](/content/docs/crm/docs/carta-crm-api/index.html): **See the Main API Reference ** (5 words)
- [SAN FRANCISCO Family | Carta Community](/content/community/c/ask-and-share/san-fransico-family/index.html): Hey Carta team,

Sherpa was selected by Airtable and Hyperagent to pitch in front of Garry Tan from YC, Howie Liu from Airtable, and Theo Browne from t3.gg.

We’ll be in San Francisco for the AI Engineer Conference from July 1–3. If you’re in SF, we’d ... (86 words)
- [Custom Tear Sheets with AI-Generated Commentary ](/content/product-updates/tear-sheet-builder-ai-features/index.html): The tear sheet builder now includes AI-generated qualitative commentary, additional templates and personalization options, and datasets updated every five minutes for accuracy in reporting and meetings.
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- [Search Funds: How does a search fund work?](/content/uk/en/learn/private-funds/search-fund/index.html): Learn what a search fund is and how it works as a private investment vehicle for entrepreneurs. We'll also cover how the search fund model works and how it compares to a traditional private equity fund. (1,571 words)
- [Carta CRM Claude Plugin](/content/docs/crm/docs/carta-crm-claude-plugin/index.html): See the Main Claude Plugin Documentation (8 words)
- [How to add secondary contacts | support.carta.com](/content/support/kb/guide/en/how-to-add-secondary-contacts-gwbimehdtd/steps/3725279/index.html): What are secondary contacts?A secondary contact is a user who is granted access to a LPs investment in a fund. Users will only be able to view documents tagged with the document type they have permission to view.What are the different document permissions?Annual and quarterly reportsUnaudited and audited fund level financial statementsAnnual meetingDocument shared with the LPs notifying about meetings to share results and goalsCapital account statementsNet worth of the investor's capital(NAV). If not outlined as a separate permission, can be considered as part of the financial packet(please confirm with the GP)Capital callsCapital call noticesDistributionsDistribution Notices of realized gains (cash, in-kind, etc)GeneralDocuments that do no fall within other categoriesLegalLegal documents such as LPA, subscription agreements, side letters, etcTaxK-1's (tax form containing information for tax returns)Wire instructionsView and edit LP wire instructions tab (191 words)
- [Fund Forecasting support documents | support.carta.com](/content/support/kb/en/fund-forecasting-support-documents-454012/index.html): Portfolio Construction - Limited Partners, API and Integrations - Investment Cashflows, Portfolio Management - Updating ownerships, Portfolio Management - Investment Reporting Metrics, Portfolio Management - Bulk Update Options, Portfolio Management - Performance Cases, Portfolio Management - Using Deal Tags, Portfolio Construction - Waterfall, Insights - Optimal Reserves Ranking, API and Integrations - Zapier Integration, Portfolio Construction - Creating a Fund of Funds Allocation, Portfolio Management - Using Custom Fields, Portfolio Construction - Liquidation at the end of fund's life, Portfolio Management - Best Practices on Performance Cases, API and Integrations - Adding Multiple Investments, Portfolio Management - SAFEs and Notes, Portfolio Construction - Construction Wizard, API and Integrations - Fund Configuration and Metadata, Advanced - Multi-Fund Views, Portfolio Management - Investment MOICs, Portfolio Management - Investments Table, Portfolio Construction - Exit Recycling, Account Administration - Login Credentials (NEED NEW URL), Portfolio Management - Warrants, Portfolio Construction - Reserve sizing, Portfolio Construction - Setting exit multiples directly, Portfolio Management - Valuation Analysis, Technical - Recommendations, Portfolio Management - Multiple currencies, API and Integrations - API Overview, Portfolio Construction - Allocations, Portfolio Management - Custom Views, Portfolio Construction - Getting Started, Advanced - Disable Automatic Projection, Portfolio Construction - Fees & Expenses, Portfolio Construction - Downloading Charts, Advanced - Construction Methodology, Portfolio Management - KPI Request Form FAQs, Portfolio Construction - General, Portfolio Management - Liquidation preferences, Advanced - Capital Call Line of Credit, API and Integrations - Performance Metrics, Sharing and Administration - Publishing, Portfolio Management - FAQs, Portfolio Management - KPI Manager, Portfolio Construction - Construction vs, Technical - Technical Limitations, Portfolio Management - Document Center, Portfolio Construction - How are Tactyc metrics calculated-, Portfolio Construction - Sector Profiles, API and Integrations - Adding a Single Investment, API and Integrations - Update KPI Metrics, API and Integrations - Performance Summary, Portfolio Construction - No or very little recycled proceeds, General - Contact Us, Advanced - Scenario Builder, Insights - Performance across reporting dimensions, Portfolio Management - Managing Rounds, Advanced - Custom Formulas, Advanced - Fund of Funds, Sharing and Administration - Collaborators, Portfolio Management - Time Machine, Portfolio Management - Adding Investments, API and Integrations - KPI Metrics, General - What is Tactyc-, Portfolio Construction - Fractional investments, Portfolio Construction - Adjusting Pacing, Portfolio Construction - Enter number of investments directly, Advanced - Updating Model for Actuals, General - Training Videos, Technical - Technical Information, Insights - Optimizing Secondary Market Sales, Portfolio Construction - Backsolving to find an ideal portfolio, Portfolio Management - Cap Table Calculator (528 words)
- [How to manage and organize LPs in the LP dashboard | support.carta.com](/content/support/kb/guide/en/how-to-manage-and-organize-lps-in-the-lp-dashboard-ruai6ptygs/steps/3898896/index.html): How to manage and organize LPsThe LP Dashboard provides a comprehensive way to organize and manage your Limited Partner (LP) data within Carta. With features like custom LP grouping and tagging, you can easily categorize and filter LPs, enhancing clarity and improving reporting.  Learn how to save custom views, group LPs, and use tags for more efficient portfolio management.  (81 words)
- [Add a new company to my account | Carta Community](/content/community/c/ask-and-share/add-a-new-company-to-my-account/index.html): Hi, 

My name is Nithder. I am new to this community. I would appreciate if somebody can guide me towards adding a new company to my account on Carta.

Thank you in advance,


Nithder  (160 words)
- [How to navigate the LP portal | support.carta.com](/content/support/kb/guide/en/how-to-navigate-the-lp-portal-zpjfdbntlw/steps/3899045/index.html): Check out the video for an introduction to Carta's limited partner experience for VC funds.We are currently working to update this video to reflect the current visual experience (15 words)
- [UK Startup Investment in 2024 | Carta](/content/uk/en/blog/uk-startup-investment-2024/index.html): Venture capital experts share insights about the UK startup investment scene in 2024, including why it seems more difficult to raise capital right now and which metrics really matter to investors.
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- [How to partially cancel an option grant | support.carta.com](/content/support/kb/guide/en/how-to-partially-cancel-an-option-grant-frrj1somms/steps/3750699/index.html): Partially canceling an option grantA partial cancellation involves reducing the amount of options given to employees and returning them to the company’s option pool. This increases the available quantity for future grants and can be used for various equity management purposes. Both partial cancellations and terminations return shares to the equity pool, but terminations are specifically correlated to changes in stakeholder relationship.The partial cancellation functionality is only available for option grants.  (87 words)
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- [How to finish setting up Total Compensation | support.carta.com](/content/support/kb/guide/en/how-to-finish-setting-up-total-compensation-vnpkyliazi/steps/3724562/index.html): How to finish setting up Total Compensation After purchasing Carta Total Comp, you'll have immediate access to Benchmarks. To gain access to all features, such as Reports and Scorecard, you'll also need to integrate your HRIS.Select an option below to learn more.  (54 words)
- [How to set up your company's compensation plan | support.carta.com](/content/support/kb/guide/en/how-to-set-up-your-companys-compensation-plan-htoilklm2h/steps/3822038/index.html): How do I set up a Plan in Total Compensation? Carta Total Compensation provides you with the world’s largest equity data set and powerful HR integrations to help you make better compensation decisions faster.In the Total Comp tool, setting up a proper Plan ensures that employees are properly evaluated based on a company’s unique compensation philosophy. (68 words)
- [How to terminate stakeholders in Carta | support.carta.com](/content/support/kb/guide/en/how-to-terminate-stakeholders-in-carta-z3cvze50mm/steps/3789107-3724867-3788976/index.html): How to terminate stakeholders in Carta If an employee with unvested equity awards is terminated, you’ll also need to update their status on the company’s stakeholder ledger. This step ensures that they no longer earn unvested shares, and that those shares are returned to the equity pool.Company admins can also use this opportunity to update the person’s relationship from “Employee” to “Ex-employee.”When you terminate a stakeholder and their holdings expire, they remain listed as a stakeholder; however, they do not count toward the company's active stakeholder count used for subscription purposes. Stakeholder records are not removed when holdings expire, they remain for historical purposes. If the stakeholder has active holdings of any sort, they will remain counted toward the stakeholder count used for subscription purposes.Select an option below for more info. (232 words)
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- [How to set up benefits in Total Rewards | support.carta.com](/content/support/kb/guide/en/how-to-set-up-benefits-in-total-rewards-nfrkqdbjw7/steps/3725294/index.html): How do I set up benefits in Carta Total Rewards? Carta Total Rewards is a portal for company administrators to share personalized compensation insights with their employees. The Total Rewards statement allows employees to view the overall value of their compensation and benefits package. This statement highlights cash compensation, current and projected value of equity compensation, and employer contributions to benefits and perks. This guide will provide an overview of how the benefits module is structured and help build personalized, informative, and visually stunning benefits guides for employees.To unlock the full potential of Total Rewards, it is strongly encouraged that administrators set up benefits package(s). Here’s some important terminology about how benefits work in Total Rewards:Benefit: Individual benefits and perks that can be added to benefits packages.Benefits package: Collections of benefits that can be assigned to employees. Employees can be assigned any number of benefits packages. Many companies have a single benefits package that applies to all employees; however, Carta Total Comp supports creating any number of benefits packages that can be applied to groups of employees (e.g., full-time employee package, part-time employee package, executive package, etc.).Benefits group: Group together benefits thematically together on the benefits page in Total Rewards. (102 words)
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- [Q2 Venture Capital Review: Startup Rebound?](/content/sg/en/events/25q2-venture-capital-review/index.html): Lightspeed's Mercedes Bent and Carta's Ashley Neville break down Q2 2025 fundraising, dilution, and exit data to gauge startup optimism., Host the world live on your website. (237 words)
- [Ask & Share | Equity Questions Answered | Carta Community | Carta Community](/content/community/c/ask-and-share/index.html): Ask equity management questions and share insights with founders, attorneys, and equity admins. Get expert answers on cap tables, stock options, SAFEs, and more. (312 words)
- [Transform Tax Savings into Startup Growth with QSBS](/content/sg/en/events/transform-tax-with-qsbs/index.html): Carta and startup leaders explain how QSBS can deliver up to $15M in tax-free gains for founders and early employees when used strategically., Host the world live on your website. (226 words)
- [How to use the Carta Reporting skill | support.carta.com](/content/support/kb/guide/en/how-to-use-the-carta-reporting-skill-hszx2nrxq6/steps/5710920/index.html): How to use the Carta Reporting skillCarta Reporting is a skill within the Carta Cap Table plugin that lets you generate, filter, and export Carta equity reports in any MCP-compatible AI client. You can also combine Carta data with external information you bring into the conversation, such as a PDF, a spreadsheet, or pasted data from any other source. Your AI client will incorporate it into the same report and Excel export.For the best experience, Carta recommends using this skill in Claude, specifically in Cowork for the live interactive artifact. Use Claude Sonnet or higher for best performance. The skill connects via the Model Context Protocol (MCP) and may work with other MCP-compatible clients, but Carta has tested and verified the skill experience in Claude.Select an option below to learn more.  (73 words)
- [How To Leverage ZEPOs as Part of Your ESS](/content/uk/en/learn/startups/equity-management/ess/zepo/index.html): Everything you need to know about zero exercise price options, including how ZEPOs work, tax benefits, and how you can leverage it as part of your ESS. (859 words)
- [PE Compensation Series with Davis Polk & Ownership Works: The Power of Broad-Based Ownership in Private Equity](/content/sg/en/events/pe-compensation-series-broad-based-ownership/index.html): Carta and Davis Polk experts, with Ownership Works, discuss how broad-based equity ownership programs drive alignment and retention at PE firms., Host the world live on your website. (295 words)
- [Tax Ready, Already: A New Standard for Fund Taxes, Powered by AI](/content/sg/en/events/tax-ready-already/index-2.html): Carta CEO Henry Ward and DataTribe's CFO discuss how AI is reshaping fund tax operations to create a faster, more seamless annual tax season., Host the world live on your website. (218 words)
- [The state of seed in 2023: insights from Seedcamp’s Reshma Sohoni](/content/uk/en/blog/seed-vc-funding-2023/index.html): The seed round is the make-or-break moment in your startup’s growth journey. We asked one of Europe’s most prolific early-stage VCs to share her insights. (1,301 words)
- [How to Map Your Investment Structures with Carta](/content/sg/en/events/carta-entity-map/index.html): Carta's CEO and product team introduce Entity Map, a new visualization tool helping GPs and finance teams track complex fund and entity relationships., Host the world live on your website. (147 words)
- [VC Masterclass: Navigating Liquidity and LP Communication in 2026](/content/sg/en/events/vc-masterclass-liquidity-lp-communication/index.html): Carta, Hannah Grey, and Kline Hill Partners discuss 2025 fund performance, liquidity strategy, and LP communication in a constrained exit environment., Host the world live on your website. (244 words)
- [Unlocking ASC 820 Valuations for Funds: Best Practices & Recent Trends](/content/sg/en/events/asc-820-valuations-for-funds/index-2.html): Audit partners discuss market shifts affecting VC fund valuations, differing auditor perspectives, and how Carta supports the ASC 820 valuation process., Host the world live on your website. (240 words)
- [Navigating the New QSBS to Maximize VC Gains](/content/sg/en/events/qsbs-vc-gains/index.html): Carta experts and Mintaka VC's Reed McBride explain how the new QSBS rules raise gains caps to $15M and what it means for VC tax planning and portfolio companies., Host the world live on your website. (375 words)
- [Startup Taxes 101: Tax Essentials for Every Founder](/content/sg/en/events/startup-taxes-101-essentials/index.html): The first session in Carta's startup tax series covers tax basics, entity setup, equity compensation types, and key deadlines for first-time founders., Host the world live on your website. (216 words)
- [What’s New, What’s Next: The Connected ERP for Private Capital](/content/sg/en/events/fund-admin-26-q1/index.html): Carta leaders demo new ERP features for private capital, covering Fund of Funds tools, expense allocations, portco data collection, and deal and LP CRMs., Host the world live on your website. (388 words)
- [Unlock Firm Insights and Clarity with Carta’s Data Warehouse](/content/sg/en/events/carta-data-warehouse/index.html): Carta CEO Henry Ward and Product Manager Annette Faynburd introduce the Data Warehouse, giving CFOs and GPs no-code querying and benchmarking tools., Host the world live on your website. (302 words)
- [The Liquidity Blueprint: How Secondaries Are Shaping Africa’s Private Markets](/content/sg/en/events/liquidity-blueprint-for-africa/index.html): Founders and investors discuss how tender offers and secondaries are becoming a sustainable pillar of long-term value creation in Africa's private markets., Host the world live on your website. (103 words)
- [Startup Compensation in H1 2025](/content/sg/en/events/startup-compensation-h1-2025/index.html): A conversation on how startup compensation has shifted since 2021, covering hiring trends, functional pay differences, and regional pay comparisons., Host the world live on your website. (289 words)
- [A VC & Founder’s Journey from Fundraising to Strategic Partnership](/content/sg/en/events/vc-founder-partnership/index.html): A VC and founder share candid insights on building a lasting partnership after fundraising, covering data sharing, trust, and investor communication., Host the world live on your website. (146 words)
- [Driving Fund Decisions with Visual Accounting](/content/sg/en/events/fund-decisions-visual-accounting/index.html): Carta CEO Henry Ward and Sahas Singh introduce Visual Accounting, an interactive operating surface built on the Entity Map for tracking fund waterfalls., Host the world live on your website. (419 words)
- [VC Fund Performance Q1 2025 (Virtual Event)](/content/sg/en/events/vc-fund-performance-2025-q1/index.html): Carta's Peter Walker reviews Q1 2025 VC fund performance data, including IRR, TVPI, and DPI trends from over 2,500 US venture funds., Host the world live on your website. (66 words)
- [Startup Fundraising 101 - Section 3: The Pitch Deck and Funnel Process | Carta](/content/uk/en/learn/startup-fundraising-101/3/index.html): You’ve learned the basics of startup fundraising and early-stage deal mechanics; now it’s time to get funded. We’ll walk you through creating a compelling pitch deck step-by-step and help you build a fundraising funnel for an efficient round. (361 words)
- [sg/en/customer-stories/vectr/index.html](/content/sg/en/customer-stories/vectr/index.html) (513 words)
- [Running a Smarter Fund with AI: From Fund Data to Faster Decisions](/content/sg/en/events/smarter-fund-with-ai/index.html): Carta leaders demo how AI is reshaping fund operations, from back-office workflows to investment decisions, including Carta's new Claude plugins., Host the world live on your website. (368 words)
- [Unlock Fast, Audit-Defensible Portfolio Valuations](/content/sg/en/events/audit-defensible-portfolio-valuations/index.html): Carta CEO Henry Ward and Product Lead Sharanya Venkat unveil Portfolio Valuations, a solution for faster, audit-defensible private market valuations., Host the world live on your website. (358 words)
- [Document management | support.carta.com](/content/support/kb/guide/en/document-management-viexrce52m/steps/4916518/index.html): Document managementCarta LP Portfolio Analytics offers automatic document acquisition from multiple sources and provides a central document document management platform for efficient aggregation, review and triage of incoming documents.Document feedAll documents from investor portals (e.g., Sungard, Intralinks) and email attachments will automatically appear in the Document feed. Carta LP Portfolio Analytics will automatically classify and link these documents with your reference data (fund tagging).PDF previewThe PDF preview panel is designed for efficient review and triage of a large volume of documents. To activate the PDF preview, click a document nameThe PDF preview shows the document and the associated metadata for review. From here you can quickly review or reassign the fund, document type or report date before moving the document out of the document feed. Select 'Inbox' to transfer the document to the document inbox for parsing and extraction. Select 'Archive' to move the document to the 'Archived' page. Tip: Use filters as needed in order to define the set of documents you want to process ‍‍SFTP integrationDownloading documentsAll documents in the document feed are available in inbox/upload/source_documents/staging_documents within the Carta LP Portfolio Analytics SFTP server. Non-PDF documents will be available in inbox/upload/source_documents/exceptions.Uploading documentsDocuments uploaded to the inbox/upload/source_documents folder in your SFTP will be uploaded to the document feed. You can use this to synchronize the document feed with additional documents from your internal fileservers.Downloading metadataAll document metadata is accessible in JSON format via outbox/download/metadata. A JSON file is generated for every document in the Carta LP Portfolio Analytics. If there is any change to this metadata within the Carta LP Portfolio Analytics, the existing JSON file is overwritten with the latest metadata. ‍ ‍ (284 words)
- [Startup Fundraising 101 - Section 1: Fundraising Basics | Carta](/content/uk/en/learn/startup-fundraising-101/1/index.html): Welcome to the world of startup fundraising. In this section, you'll learn the different types of pre-seed funding, the investors you'll meet, and the importance of product-market fit. (273 words)
- [The 2026 Comp Playbook: Precision Budgeting, AI Skills, and Data-Driven Hiring](/content/sg/en/events/compensation-playbook-2026/index.html): Business leaders and a Carta product expert share tactics for precision compensation budgeting, pricing AI skills, and using data to guide 2026 hiring decisions., Host the world live on your website. (405 words)
- [PE Compensation Series with Davis Polk, Part 3: Management Rollovers and Incentive Equity Structures for Portfolio Companies](/content/sg/en/events/pe-compensation-series-rollovers-incentive-equity/index.html): Davis Polk and Carta experts dive into management equity rollovers, incentive pool structures, and vesting terms in private-equity-backed deals., Host the world live on your website. (267 words)
- [Ascend Vietnam Ventures Partners with Carta for APAC Fund Admin Solution](/content/sg/en/customer-stories/ascend-vietnam-ventures/index.html): Prior to launching venture capital firm Ascend Vietnam Ventures (AVV), General Partners Eddie Thai and Binh Tran launched the Vietnam-focused fund of Silicon Valley-based early-stage investor 500 Startups. (556 words)
- [Founder Insights on the New Era of Software as an Action](/content/sg/en/events/modern-stack-founder-insights/index-2.html): Carta's VP of Product and a panel of founders discuss how agentic AI is transforming legal, accounting, and board services for the modern professional stack., Host the world live on your website. (282 words)
- [Calculations | support.carta.com](/content/support/kb/guide/en/calculations-r1bj3at69c/steps/4916519/index.html): CalculationsGeneralMetric prioritisationExtracted data points are always preferred over calculated data pointsIf there are duplicate metrics, they are first prioritised based on the report date being closest to the metric date.If there are multiple metrics with the same report date, then the metric with the most recent extraction date is used.Currency conversionUses Bank of England exchange ratesValuation metrics such as Market Value and NAV are converted as of the date the metric is reported atTransactional metrics such as Total Capital Invested or Capital Distributions are converted at the time of transaction and aggregated‍PortfolioMetricCalculationTotal commitmentSummed from all underlying commitments in the portfolioUnfunded commitmentSummed from all underlying commitments in the portfolioCapital contributionsSummed from all underlying commitments in the portfolioCapital distributionsSummed from all underlying commitments in the portfolioMarket ValueSummed from the Closing Balance of all underlying commitments in the portfolioRVPIMarket value / capital contributionsDPICapital distributions / capital contributionsTVPI(market value + capital distributions) / capital contributionsIRR (since inception)Calculated using the same algorithm as Excel’s XIRR formula. The ending market value (as of reporting date) is used as the terminal cashflow, and contribution and distribution transactions used in the calculation can be configured based on your preferences:Cashflows only - cashflow notice data onlyCAS only - uses quarterly changes in contributions and distributions as approximate cashflows as of the quarter end dateMixture – on a quarterly basis, reconciles the changes in contributions and distributions from CAS against the cashflows in the given period. Where possible, cashflows are used, with CAS data used as a supplement to account for any data gapsHorizon IRR (e.g. quarter, year to date, 1 year)The starting market value of the period is used as the initial cash outflow in addition to the logic aboveTWR (QTR period)(closing market value – opening market value – contributions + distributions) / (opening market value + weighted contributions – weighted distributions) Where weighted contributions and distributions are the sum of cashflows weighted by the proportion of days remaining in the quarter. For example, if a cashflow occurs on the 27/09, it is weighted by 3/92 This calculation requires cashflowsTWR (other periods)We aggregate QTR values up to other periods such as YTD, LTM etc. based on: (TWRQ1 + 1)*(TWRQ2 + 1)… - 1‍CommitmentMetricCalculationUnfunded commitmentTotal commitment – capital contributions + recallable distributionsCumulative cash flow Sum of capital contributions to dateChange in Market Value(for a given time period)∆Closing balance – ∆capital contributions + ∆capital distributionsRVPI Closing balance / capital contributionsDPI Capital distributions / capital contributionsTVPI (Closing balance + capital distributions) / capital contributionsIRR (since inception)Calculated using the same algorithm as Excel’s XIRR formula. The ending balance (as of reporting date) is used as the terminal cashflow, and contribution and distribution transactions used in the calculation can be configured based on your preferences:Cashflows only - cashflow notice data onlyCAS only - uses quarterly changes in contributions and distributions as approximate cashflows as of the quarter end dateMixture – on a quarterly basis, reconciles the changes in contributions and distributions from CAS against the cashflows in the given period. Where possible, cashflows are used, with CAS data used as a supplement to account for any data gapsHorizon IRR (e.g. quarter, year to date, 1 year)The opening balance of the period is used as the initial cash outflow in addition to the logic above.TWR (QTR period)(closing balance – opening balance – contributions + distributions) / (opening balance + weighted contributions – weighted distributions) Where weighted contributions and distributions are the sum of cashflows weighted by the proportion of days remaining in the quarter. For example, if a cashflow occurs on the 27/09, it is weighted by 3/92. This calculation requires cashflows.TWR (other periods)We aggregate QTR values up to other periods such as YTD, LTM etc. based on: (TWRQ1 + 1)*(TWRQ2 + 1)… - 1‍LookthroughLookthrough calculations relate to a portfolio’s exposure to underlying assets of its fund investments.MetricCalculationPortfolio ownershipClosing balance / Fund NAVCan be customised to client, e.g. use Fund residual value instead of NAVApplied against total capital invested, total distributions, residual value, investment total scoped emissionsChange in market value(for a given time period) ∆Portfolio-weighted Residual Value – ∆Portfolio-weighted Total Capital Invested + ∆Portfolio-weighted Total DistributionsPortfolio total value portfolio-weighted total distributions + portfolio-weighted residual value‍FundMetricCalculationCumulative cash flowSum of capital distributions to date – sum of capital contributions to dateFund Residual Value Sum of residual values from underlying investments‍InvestmentMetricCalculationFund ownershipResidual value / TEV (can calculate any of these metrics using the other two) Total value Residual value + total distributions (can calculate any of these metrics using the other two)MOICTotal value / total capital invested (can calculate any of these metrics using the other two)‍CompanyMetricCalculationDefault periods for EBITDA, EBIT and revenue Unless otherwise specified, these metrics are displayed as LTM. If the GP reports these metrics in different time periods, e.g. QTR or YTD, then LTM is calculated:QTR values can be calculated by finding the difference between YTD metrics extracted in consecutive quartersIf a series of QTR metrics is available, these can be summed back up to achieve YTD, LTM, and other periodsEquityTEV – Net debt (can calculate any of these metrics using the other two)EV / EBITDACan be calculated if not already reported in GP documentsNet debt / EBITDACan be calculated if not already reported in GP documentsEV / RevenueCan be calculated if not already reported in GP documentsEV / Net debtCan be calculated if not already reported in GP documentsEntry ValueTaken as the value of that metric as of the entry date of investment. If a value is not found for the entry date, the value for the closest date within the same quarter is taken.CAGR(current value/entry value)1/n – 1 Where n is time in years between the entry date and the current date CAGR is only calculated where n is at least 1 Calculated for all company-level metrics, for each investment into the company‍LeverageMetricCalculationLeverageNet debt / TEVWeighted leverage (Investment residual value/sum of investment residual values) * Leverage If an asset has a zero leverage, then the residual value will not be included in the calculationFund leverageSum of weighted leverages‍ESGMetricCalculationTotal scoped emissions Scope One emissions + Scope Two emissions  Note that scope three emissions can be imported, but are not included in this calculation as they tend to be far less direct and more ambiguous. Investment total scoped emissionsFund ownership * (total scoped emissions)Portfolio total scoped emissions Portfolio ownership * (investment total scoped emissions)‍ ‍ ‍ (1,157 words)
- [Inside Carta FA: Driving Efficiency in Fund Operations and Investor Relations](/content/sg/en/events/inside_carta_fund_admin/index.html): Carta leaders walk through the Fund Administration platform's capital call workflows, portfolio visualization, and investor relationship tools for modern fund managers., Host the world live on your website. (314 words)
- [Startup Taxes 101: Strategies for Navigating Equity and Startup Growth](/content/sg/en/events/startup-taxes-101-equity-growth/index.html): Part two of Carta's startup tax series covers long-term equity strategy, 83(b) elections, QSBS timing, and tax prep for due diligence and eventual exits., Host the world live on your website. (362 words)
- [Beyond the Spreadsheets: Achieve Clarity with LP Portfolio Analytics](/content/sg/en/events/clarity-lp-portfolio-analytics/index.html): Carta CEO Henry Ward introduces LP Portfolio Analytics, powered by its Accelex acquisition, giving institutional LPs automated data aggregation and portfolio insights., Host the world live on your website. (379 words)
- [EIS Loss Relief](/content/uk/en/learn/startups/fundraising/eis/eis-loss-relief/index.html): The Enterprise Investment Scheme is popular with investors because of the various tax benefits it offers. If an investment doesn’t go to plan, investors may be able to recover some of their money through EIS loss relief. Learn how to calculate and claim EIS loss relief in this article. (890 words)
- [How Sinai Ventures Got a Dozen More Founder Meetings Each Month](/content/uk/en/customer-stories/sinai-ventures/index.html): Founded in 2016, Sinai Ventures is an emerging fund focused on building high touch relationships with founders. With just two partners and a small team, they’ve already invested in over 74 companies like Pinterest, Compass, and Front.  (297 words)
- [Driving Digital Transformation in the Middle Office](/content/sg/en/events/digital-transformation-middle-office/index.html): Carta explains how digitizing middle-office workflows can turn manual portfolio monitoring, valuations, and reporting into a competitive, data-driven advantage., Host the world live on your website. (370 words)
- [From First Meeting to Final Close: The Power of a Connected CRM](/content/sg/en/events/connected-crm/index.html): Carta CEO Henry Ward and Head of CRM Ihar Valodzin demo Carta's new CRM, connecting deal flow and LP relationships to fund performance data., Host the world live on your website. (338 words)
- [Cap Tables and Dilution for Startup Founders](/content/sg/en/events/cap-tables-for-startup-founders/index.html): Carta, shipshape.vc, and Goodwin break down real funding scenarios, covering term sheets, valuations, option pools, and founder equity decisions., Host the world live on your website. (293 words)
- [Congress, Compliance & Venture Capital: A Fund Manager's Guide to the Shifting Policy Landscape](/content/sg/en/events/congress-compliance-venture-capital/index.html): Policy experts discuss how shifting capital formation and AI regulations, including the INVEST Act and SEC agenda, affect fund managers and portfolios., Host the world live on your website. (347 words)
- [Why Compliance Culture Is Harder To Build than It Looks](/content/blog/compliance-culture-challenges/index.html): Most funds say compliance is a priority. Fewer have built a function that deal teams actually want to work with. Here's what the best firms do differently. (2,732 words)
- [VC Fund Performance 2025](/content/sg/en/events/fund-performance-2025/index.html): Carta's Peter Walker analyzes 2025 VC fund performance data, including IRR, TVPI, and DPI trends from over 2,700 US venture funds., Host the world live on your website. (219 words)
- [Form 1120-S: U.S. Income Tax Return for an S-Corporation](/content/uk/en/learn/startups/tax-planning/form-1120s/index.html): Form 1120-S is a form used by U.S. S-Corporations to file income tax returns to the IRS. Learn more about 1120-S and deadlines for the 2023 tax year. (612 words)
- [Australian Budget 2026: New Caps, New Rules and Your Next Move](/content/sg/en/events/australian-budget-2026/index.html): A panel breaks down Australia's 2026-27 Federal Budget, covering new regulatory and tax changes affecting fund structure, licensing, and capital raising., Host the world live on your website. (351 words)
- [Introducing Carta's Plugins for Claude](/content/sg/en/events/carta-plugins-for-claude/index.html): Carta introduces plugins for Claude, giving fund managers a way to query live fund data and metrics directly through natural-language AI conversations., Host the world live on your website. (402 words)
- [What’s New, What’s Next: Optimize How You Run, Raise, and Close Your Fund](/content/sg/en/events/whats-new-fund-admin-26-q2/index.html): Carta leaders demo new ERP features for private capital, including a visual accounting dashboard, in-app CRM agents, and document intelligence tools., Host the world live on your website. (398 words)
- [Capital Is Up. Hiring Is Down. The New Rules of Startup Comp.](/content/sg/en/events/new-rules-startup-comp-2026/index.html): Sequoia and Carta experts break down the latest data on capital, hiring, and equity compensation trends shaping startup pay in 2026., Host the world live on your website. (255 words)
- [The Non-Dilutive Capital Stack](/content/sg/en/events/non-dilutive-capital-stack/index.html): Founders and lenders discuss how capital-intensive tech companies build non-dilutive capital stacks, from venture debt to credit readiness., Host the world live on your website. (402 words)
- [Validating entities and network | support.carta.com](/content/support/kb/guide/en/validating-entities-and-network-yrckeijc2r/steps/4916568/index.html): Validating entities and networkIn this step you should confirm that the system has recognized the correct set of investors, funds and companies (entities), as well as their investment relations (network). ‍Screen overviewThe traffic light tabs show entities by their status in the document.Use this to guide your workflow (see below)Add new entities: Opens a blank table grid where you can enter multiple entities. Press ADD TO NETWORK to save. After adding entities you should RE-PARSE the document (see point 5) so it can be re-processed with the correct entity informationLocator buttons: Click to reveal the location of a metric on the PDF.Note that you can also click metrics on the PDF in order to highlight their match in the table gridEDIT button: This allows you to either dismiss a record from the grid, or to edit its synonyms (to help the platform identify an entity in the document) After adding entities you should RE-PARSE the document (see point 5) so it can be re-processed with the correct entitiesRE-PARSE button: Click to re-process the document when significant entity information has changedNEXT button: Click to move to the next step (Validating metrics)‍What is RE-PARSING? Re-parsing sends a document back to the 'parsing' stage, where Accelex' AI identifies entities in a PDF and detects their associated metrics. We recommend that you manually trigger re-parsing after you have made significant changes to the entity/ network settings in a document, as this may enable the system to assign metrics more accurately. ‍Traffic light workflowThe parser is matching entities from the document with your reference data. It then flags up various statuses. You can view all entities in one table (ALL tab), or follow the easy-to-follow traffic light system: RED: Unknown fund or companyThese are new entity (e.g. companies) which have been identified in the document, but can not be found in the reference data.You must resolve these before you can proceed to the next step: Either add them to the reference data or dismiss them. AMBER: Missing fund or companyThese entities were expected in the document due to investment reference data, but could not be identified in the document.You should either locate and confirm these, or dismiss them, however, you can proceed without this step.GREEN: Matched fund or companyThese entities were found in the document and matched to reference data with high confidence.You should spot-check these records for accuracy.Dismissed Contains e.g. entities that you’ve removed from your investment portfolio, and those records that you manually dismissed from any of the other tabs‍How to resolve 'Unknown' issues (RED tab):A fund or company was detected in the document, but can not be found in the reference data‍Steps to resolveSelect 'Unknown' tabHere, you can dismiss entities or add them to a fund as appropriate. Note that all main actions can also be applied in BULK.You will need to resolve all ‘unknown’ entities before proceeding to the next screenRe-parsing is needed if you add new entities in this validation stage – this allows the parser to process data correctly for the new entitiesTIP If a new suggestion is already present as a record in your reference data, clear the name of new entity and start typing the required record. Relevant suggestions will be displayed in a dropdown list for you to select from. ‍How to resolve 'Missing' issues (AMBER tab): A fund or company was expected, but could not be found in the documentSteps to resolveYou can review these under ‘Missing’ status tabYou can add /edit synonyms for an individual entity by clicking on EDIT or ellipsisIf you have added or changed entity synonyms you need to re-parse the file. This allows Accelex to re-identify metrics according to the latest data.‍Tip: You can select all ‘missing’ entities and dismiss them in bulk. Dismissed entities can be un-dismissed. ‍‍How to resolve 'unknown commitment' (only applies to Capital Accounts Statements)Occasionally, a commitment (fund deal) can not be associate with a known fund or investor. In those cases, you canDismiss the suggestionAssign the unknown commitment (deal) and its metrics to an existing fund from the ref dataCreate a new commitment record (saved to ref data)Step 1: Click on locator for an unknown commitment. That highlights all metrics on the pdf that the parser thinks belong to a new/unknown commitment.‍ Step 2: Resolve the unknown commitment by choosing an existing commitment from the list, by creating a brand new commitment, or dismiss the suggestion.‍ ‍ (763 words)
- [Carta for Management Companies](/content/uk/en/blog/manco-administration-solution/index.html): An integrated solution to streamline reporting, planning, and budgeting for private capital leaders. (799 words)
- [Q1 Venture Capital Review: From SAFEs to Exits](/content/sg/en/events/25q1-venture-capital-review/index.html): Carta's Insights team breaks down Q1 2025 data on fundraising volume, dilution, and exits from the State of Pre-Seed and State of Private Markets reports., Host the world live on your website. (226 words)
- [IPO Readiness in 2026: The Market Outlook and How AI Is Rewriting the IPO Timeline](/content/sg/en/events/ipo-readiness-in-2026/index-2.html): Carta and Morgan Stanley leaders discuss IPO readiness in 2026, covering AI-driven market shifts, investor priorities, and operational readiness., Host the world live on your website. (261 words)
- [The MENA Private Markets Playbook: Cap Tables, SPVs, and the Infrastructure Behind the Deal](/content/sg/en/events/mena-private-markets-playbook/index.html): Carta and Zest experts break down cap tables, SPV operations, and the infrastructure private markets need to scale deals across the MENA region., Host the world live on your website. (206 words)
- [How to separate expense into ISO vs NSO in the Financial Reporting tool | support.carta.com](/content/support/kb/guide/en/how-to-separate-expense-into-iso-vs-nso-in-the-financial-reporting-tool-yqwbeirrtx/steps/3724895/index.html): How to separate expense into ISO vs NSO in the Financial Reporting tool The separation of expenses into ISO and NSO categories is important for accurate financial reporting and compliance, as ISOs and NSOs have different regulatory requirements and tax treatments.  The ISO/NSO expense totals can be calculated by adding four columns within the Tranches tab of the SBC Expense report. (160 words)
- [Secondary Transactions in APAC: How Employees Unlock Equity Compensation](/content/blog/secondary-transactions-apac-employee-equity/index.html): With few exits and IPOs in APAC, how can employees reap the rewards of their equity compensation? A solution can be found in secondary transactions.
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- [Portfolio commitments | support.carta.com](/content/support/kb/guide/en/portfolio-commitments-hqeymth8g2/steps/4916558/index.html): Portfolio commitmentsThe portfolio commitments page can be used to analyse exposure by the fund commitments held.Fund exposure‍‍ Commitment metrics are aggregated over the full portfolio so portfolio exposure can be analyzed, as functions of the following attributes:Fund currencyFund GPFund nameFund sectorFund strategyGeographical focusVintage yearThe top 10 segments are displayed, and all others are grouped into the Others segment, with the number of grouped segments shown in brackets. The (Uncategorized) segment is used to group any funds where the specified attribute is unavailable. This chart also supports drill through ability, so click on any attribute in the chart or the list and see a breakdown of how the top funds contribute to the overall attribute. Below the chart, a table of the full set of information can be found with the following columns:AttributeTotal commitmentContributionsAccount balanceUnfundedExposureAll data in this section can be exported, and the date filter can be used to analyze changes in the attributes over time. The information primarily comes from extracted information, although attributes such as unfunded can be calculated if not provided. ‍Total exposureThe 10 funds that contribute most to overall exposure are displayed here as functions of market value and total unfunded value, in the portfolio currency. Hover over the bars to see the data points and full fund name or export the data to do further analysis. The unfunded commitment is calculated using the total commitment and total contributions or funded commitment, unless provided directly. The total of the market value and unfunded value is analyzed by fund across the portfolio to identify the top contributors. ‍All commitments A full list of commitments can be found in this section; here you’ll find reference, valuation, performance, and cashflow data allowing a full analysis of funds, split by commitment. Additionally, the fund section has entity level metrics to evaluate the fund as a whole. By default, both the fund and portfolio currencies are shown for each metric, but the checkboxes in the top right allow you to select a currency. To further shorten the table, the overarching metric type fields can be collapsed to only display one column. Note that when exporting data, these filters will be applied and only displayed data will be exported. Click on any of the fund names to go directly to the fund page, where the view defaults to the date and commitment selected but can be changed to any commitment across all portfolios. Here you can see in depth information about the fund, underlying investments, and attribution – see Fund overview for more information. Fields that have no data for the funds displayed on the page are hidden, but they can be viewed (or hidden) by clicking the three horizontal lines and navigating to the table icon (rightmost), where all fields are listed. Using the other icons, you can also filter each field by value, search for values, and change the column size. ‍ (499 words)
- [Validating metrics | support.carta.com](/content/support/kb/guide/en/validating-metrics-3g5shakpbp/steps/4916551/index.html): Validating metricsException-based workflow with traffic light systemOur exception-based workflow allows users to further reduce the validation work by focusing their attention on a pre-defined sub-set of metrics ‍Matched (GREEN color code) No alerting rules broken for metricsAction: Spot checks onlyNot matched (AMBER color code)At least one alert triggered from pre-defined filter settingsAction: User validation recommended‍Not found (RED color code)No metric candidate found by the Accelex engine, either because the metric is not automated (Free metric), not present in the document, or missedAction: Requires manual entry, if present in the document ‍Optimising your table view for asset investment dataThe pivoted table view option shows values in a grid layout which matches the typical schedule of investments table. This makes it more intuitive, faster and less error-prone to verify those metrics. Simply click the layout icons to toggle between traditional flat list view and the pivoted 'grid' view.‍ ‍Set and forget – validating the 'static' metric tabThe STATIC metrics tab contains entity reference data such as country, city, GICS industry etc. Because these are static in nature, i.e. they rarely change over time, they follow an optimized validation process, using a pivoted table grid.Static metrics which are already in your reference data are displayed – but you do NOT need to review them quarter on quarterAction: No action requiredStatic metrics which have been found in the document for the first time, and are not yet in your ref data are shown in GREEN. By default, they will be added to your reference data amd do NOT need further validationAction: No action requiredStatic metrics from the document which differ from your existing reference data, are shown in AMBER below the ref data. The document metric is assumed unconfirmed and will be discarded, but you may review and confirm it if relevantAction (optional): Review of amber metricWhere a metric is COMPULSORY but doesn't exist in reference data and is not found in the document, cells are highlighted in RED. Note that OPTIONAL metrics are not shown in this case.Action (optional): Attempt to identify and complete the metric‍ If you wish to use the standard table view, you can pivot the view, using the view buttons at the top: ‍Bulk table operationsSelect multiple cells by clicking and dragging across the grid. This allows you to:Multiply or divide values by 1,000Multiply or divide values by 1,000,000Invert sign (multiply by -1)‍ (416 words)
- [Carta 101 - Our Company, Values & Strategy | Carta](/content/sg/en/blog/carta-101/index.html): All Carta employees (new and old) take a full-day course called Carta 101. It is an introduction to our company, our values, and our execution strategy. (2,270 words)
- [Cashflow notices | support.carta.com](/content/support/kb/guide/en/cashflow-notices-pnkitbth7q/steps/4916580/index.html): Cashflow noticesVehicle details are displayed at the top​Payment details, commitment metrics and bank details are organized in tabs​‘Select breakdown’ allows you to select payment details across different pages​Captured and calculated totals are displayed at the bottom for faster reconciliationAdding investment entities on the fly'Blindly parsed' entities are detected in the document but not yet in the reference data. They are highlighted in red. They can easily be added to your ref data from the table grid, simply click 'Add to reference data'. You can create and assign investment entities at any time during the validation process. Dismissing metrics in bulkYou can select and dismiss metrics in bulk from the payment breakdown table.Note: Dismissed metrics can be restored (un-dismissed) from the DISMISSED tab.Bulk table operationsSelect multiple cells by clicking and dragging across the grid. This allows you to:Multiply or divide values by 1,000Multiply or divide values by 1,000,000Invert sign (multiply by -1)Tip: View cashflow data from documents viewLow on time? Simply check the cashflow columns in the documents view for key information about each cashflow notice. Find the GP, due date, currency, net payment amount, and payment type easily without having to change your view. If you spot anything that needs adjusting or you want some more information, click into the document as usual or preview it by clicking on the document name. (238 words)
- [Searching, filtering and creating custom views | support.carta.com](/content/support/kb/guide/en/searching-filtering-and-creating-custom-views-4yja08k2om/steps/4916522/index.html): Searching, filtering and creating custom viewsUsers can use the search box or filter panel to narrow down their results. They can also save this as a custom view, to return to at a later point.SearchingUse the search box to identify specific documents by any category, including:Fund nameInvestor nameDocument nameDocument typeDocument statusLabelUser (assigned to or reviewer)Select multiple options across categories, or use the select all checkbox next to category headings. When you're finished with the view, click 'Clear all' in the filter panel to quickly remove all applied selections.FilteringUse the filter panel to filter documents directly, view your applied filters, and clear all. Simply use the drop down lists under each category to quickly select your desired results. For completed date, received date, and due date, we have introduced a calendar view where the user can select a date range. The period category is similarly set out as a calendar, where individual quarters can be selected. TIP: Doing multiple searches and don't want to keep opening the panel? Use the pin icon in the top right to dock and undock the panel, making it easy to access.Custom viewsUsers can apply any number of filters, then choose to “Save view as” and enter the name they would like the view to be saved under. This can be especially helpful for separating out document types, cashflow notices due between certain dates, documents assigned to you, or to segregate documents in various statuses. Saved views are only visible to the user who saved them, so create as many as you need without worry of clutter! Helpfully, these filters are dynamic. For example, if a user filters on Q1 2025 and saves this view as “First Quarter”, the view will retain this filter. Any documents uploaded later within this quarter will also be visible in “First Quarter”. Once a view is set up, the user can change the filters and save their changes under the existing view or as a new view.All saved views will be available in the left panel:Re-ordering menu itemsYou can now re-order your saved views in the Documents area: Hover over the bookmark icon, then drag a menu item up or down in the list. (382 words)
- [Getting started | support.carta.com](/content/support/kb/guide/en/getting-started-aozspzgprz/steps/4916555/index.html): Getting startedSearch network: Use this to find any entity (portfolio, fund, asset, general partner) across the platform and navigate to it directly. See Network search for more information.Summary: Below the search bar you’ll be able to navigate directly to three key tabs: Portfolios, Commitments, and AssetsBookmarks: Any bookmarked entities will appear here for quick access to the page for future use. To delete a bookmark, click the cross on the right side or navigate to the page and uncheck the bookmark icon.KPI ribbon: At the top right-hand side of the page, you’ll find key information including the number of portfolios, commitments, funds, and assets.Tabs: In the top left of the page, you’ll find tabs for quick navigation to lists of all entities. Use this to browse through your entities across all portfolios. The symbol in the corner can be used to navigate back to data extraction.Entity pagesPages for assets, funds and portfolios share a number of features: ‍Context navigation (breadcrumb): Shows the current context (e.g. commitment) and allows you to re-trace your journey by clicking on the entity names.Data as of: Displays the available dates for the selected entity/page. Greyed out dates show dates with data available on other pages but not the selected one.Bookmark page: Use the bookmark feature to save a page – you will find your bookmarks on the home screen. You can also remove a bookmark by unchecking the button hereLocate button for access to search (see: Network search).KPI ribbon: View summary information about the current entity.Export data: Data tables and charts allow you to export the information as file types such as CSV, Excel, or PNG.Deal selector: Switch view between available deals / commitments. (291 words)
- [Carta Learning Lab: Fundraising Tools | Carta Community](/content/community/c/live-events/carta-learning-lab-fundraising-tools-6a114d-e5615e-c9fee9.html): Join Carta’s fundraising experts for a hands-on, interactive workshop designed to help early-stage founders navigate the fundraising process with clarity and confidence. Whether you’re preparing to raise your first round or looking to sharpen your inve... (391 words)
- [Investment management | support.carta.com](/content/support/kb/en/investment-management-433560/index.html): Investment documents and reporting, Investment SOI information, Investment certificates and Carta cap tables, How to use Portfolio Events (194 words)
- [GPCM Valuation Calculator | Carta](/content/uk/en/learn/resources/gpcm-valuation-calculator/index.html): Easily value private companies using Carta’s free Guideline Public Company Method (GPCM) Valuation Calculator. Input comparables and get an instant valuation estimate. (148 words)
- [Document overview | support.carta.com](/content/support/kb/guide/en/document-overview-smnpsjp56d/steps/4916527/index.html): Document overview‍The document inbox is your starting point for managing and validating documents.Manage your viewBy default, you are taken to the All Documents view, where you can search, filter, and amend all documents across the document feed, inbox, and archive. From this view you can upload documents to the document feed, or directly to the inbox. We support both PDF and Excel file formats. Uploaded Excel documents will be automatically converted to PDF and processed through the Carta LP Portfolio Analytics platform. ​ From this view, you can quickly navigate to any saved custom views, open the filter panel to filter down your results, or use the search box to locate specific documents by a variety of categories. Other pages in the main document area are the Document tracker, Document feed and Archive sections.Document previewClick on a document name to open a preview window andView and edit document meta dataPreview the document, flip through the pages, and zoom in on any key dataClick on the file name to open the PDF in a new windowUse the PREV / NEXT buttons to instantly go to the next documentDocument validationThe grid displays available validation buttons on hover. Options are:VALIDATE Main call to action to start your workflowVALIDATE CLASSIC Allows temporary access to an older version of the validation screen; please note this will be deprecated over timeRE-PARSEShown where a document needs to be re-parsed before it can be validated e.g. if document type/fund is changed. (NOTE: During parsing, the platform processes a document to identify and extract funds, assets and metrics)Bulk actionsQuickly edit the metadata for lots of documents using our bulk actions or our copy-paste capabilities. Simply select a cell which has your desired data, click CTRL+C and then use CTRL+V to paste the data into another cell. You can also do this in bulk by highlighting multiple cells before clicking CTRL+V. Using the checkboxes next to document names, you can select multiple documents and choose from any of our bulk actions:Re-parse documents – Send selected documents to the Carta LP Portfolio Analytics parser, e.g. after editing fund name and / or document type. Available for inbox and archive.Generate quick report – Generates an Excel export of selected documents with status Completed in the default Carta LP Portfolio Analytics Excel template. Available for inbox and archive.Generate custom report – Create and manage custom export formats. Available for inbox and archive.Archive / unarchive documents – Move selected documents from primary inbox to the archive section. Available for all locations.Delete files – Removes selected documents from inbox (NOTE: Validated documents will automatically be sent to Archive first). Available for all locations.Download PDF document(s) – Downloads selection in a ZIP folder. Available for all locations.Available bulk actions are determined by the location of document (document feed, inbox, or archive). E.g. if a document sits in the document feed, the re-parse bulk action will not be available, whereas documents in the inbox will have this action available. If documents across locations are selected, then only actions which can be applied to all selected documents will be displayed. In the above example, if documents in both the document feed and inbox are selected, then re-parse will not be available. ‍ Note: Once a document is validated, it cannot be re-parsed. Changes to the metrics can still be made and saved, but no metadata or reference data can be changed. If you delete a completed document it will be moved from the inbox to the archive section. ‍Tip: Identifying documents with UNKNOWN FUNDWhen a document can't be matched to a fund in your reference data, it will be shown as 'Unknown fund'. To help you find these documents, you can now use the main inbox search box: Simply type 'Unknown fund' in the search box: ‍ (648 words)
- [Carta FundSwitch Guide | 2026](/content/uk/en/learn/resources/carta-fundswitch/index.html): Is your fund admin stuck in the past? Discover what’s possible when you upgrade to next era of private markets with Carta. Gain unrivaled control, insight, and operational efficiency for you, your team, and your investors. (218 words)
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- [Fund performance | support.carta.com](/content/support/kb/guide/en/fund-performance-klszwp03rf/steps/4916542/index.html): Fund performanceThe fund performance page provides detailed fund-level metrics and commitment-level metrics. Performance KPIsFund-level metrics and commitment-level (latter calculated for IRR & performance ratios)​Movements calculated where possible​Commitment selector on left has market value of commitment in portfolio currency​‍Periodic performance table‍Performance evolution time seriesPerformance evolution has been added to the Portfolio Analytics dashboard. It provides a visual representation of the progress and growth of a fund over time. ​ ​It utilizes three key metrics: RVPI (Residual Value to Paid-in Capital), TVPI (Total Value to Paid-in Capital), and DPI (Distributions to Paid-in Capital). By plotting the evolution of these metrics over time on a chart, investors and fund managers can track the fund's progress, assess its performance, and make informed decisions.​ Turn on the toggle for ‘Show IRR’ to see the fund's annualized return rate over time, providing an additional dimension to evaluate its performance.‍J-curve J-curve has also been added to the Portfolio Analytics dashboard. ​ It illustrates the typical pattern of investment returns over time. It resembles the letter ‘J’ and represents the fund's cumulative cash flows. ​​ The vertical axis represents the fund's cumulative net cash flow, which includes both capital contributions from investors and distributions made by the fund. The horizontal axis represents the fund's lifespan or investment period.​ ‍ (216 words)
- [Founder Ownership Report 2026 | Full Report from Carta](/content/sg/en/data/founder-ownership-2026-full-report/index.html): How do startups divide their equity among co-founders and other key shareholders? This first-of-its-kind data report offers a comprehensive guide. (738 words)
- [How to link your financials to fulfill an investor request | support.carta.com](/content/support/kb/guide/en/how-to-link-your-financials-to-fulfill-an-investor-request-rddjku2hxf/steps/3725284/index.html): How to link your financials to fulfill an investor requestIf you have received a request for information from one of your Investors, you may have the ability to connect your financials.  See the image for supported accounting platforms. (107 words)
- [The Carta liquidity report: Q2 2022 | Carta](/content/sg/en/data/carta-liquidity-report-q2-2022/index.html): How are these factors impacting private market liquidity? As venture capital has slowed after several months of unprecedented activity and rises in (1,007 words)
- [Quick calculator for metrics | support.carta.com](/content/support/kb/guide/en/quick-calculator-for-metrics-ntet5u3eoz/steps/4916563/index.html): Quick calculator for metrics Using the quick calculatorSelect a set of numbers on the PDF: Click, then drag across the numbers you want to selectClick the red ••• ellipsis buttonIn the context menu, you see the selected values and a SUM total. Most value transforms are applied automaticallyClick anywhere on the SUM bottom row to copy the value onto the clipboard. You can now paste this into the table grid.‍ (74 words)
- [Summary of ASU 2018-07 | support.carta.com](/content/support/kb/guide/en/summary-of-asu-2018-07-d50jpxkt3p/steps/3725266/index.html): Summary of ASU 2018-07 In July 2018, FASB released an update to the Accounting Standards Codification. The update is titled Improvement to Non-employee Share-based Payment Accounting.  Below is a summary of our interpretations of the update and how the Carta team is working to ensure compliance. Under the new standard, companies will no longer be required to value non-employee awards differently from employee awards. Meaning that companies will value all equity classified awards at their grant-date under ASC718 and forgo revaluing the award after this date. (802 words)
- [Quantum Ventures II L.P. | Carta Fund Forecasting](/content/fund-forecasting-app/published/venturemanager/index.html): Carta Fund Forecasting is an easy-to-use portfolio construction, forecasting and management software for venture funds. (252 words)
- [How to view your subscription details | support.carta.com](/content/support/kb/guide/en/how-to-view-your-subscription-details-x7abpx4kua/steps/3724476-3789284-3789283-3789279-4135677/index.html): How to view your subscription detailsYou can easily access and review your company’s Carta subscription information (including your contract, billing contacts, renewal cycles, invoices, estimated charges, and plan features) all from your Carta account.To get started:Go to Company settings in the bottom-left navigationClick the Subscription details tab (86 words)
- [Portfolio holdings | support.carta.com](/content/support/kb/guide/en/portfolio-holdings-ftoc71j1ko/steps/4916575/index.html): Portfolio holdingsThe underlyings tab offers a full lookthrough to the assets of your holdings. Company exposureExposure to underlying assets expressed through calculated portfolio-specific residual value and total capital invested.​Intro – lookthrough exposure. Link to calculation in appendix​Company exposure​‍AllocationCompanies ranked by portfolio-specific residual value contribution to overall market value of portfolio.​Metrics converted between asset, fund, and portfolio currency where possible​‍UnderlyingsCount of funds & commitments to those funds​Total AUM = sum of market values of all commitments in data universe i.e. across all portfolios; converted to USD​Same for total commitment​Calculated IRR as outlined earlier‍ (104 words)
- [Private debt asset class | support.carta.com](/content/support/kb/guide/en/private-debt-asset-class-vzcia0zb8z/steps/4916569/index.html): Private debt asset classCarta LP Portfolio Analytics supports extraction of private debt metrics (security level metrics) for performance reportsMetricsSecurities are displayed as details of an investment on the Network tab of the Reference page. You can view them by clicking into any investment and choosing 'View securities'. A scrollable table will appear with all securities associated with the event. Use this table to add, delete, or edit your securities easily. ‍New metrics have been added to the metric landscape for performance reports with Private Debt metrics. You can view them on Securities tab on Filters page. Network validation on security level Network validation process follows a similar workflow as that for Performance Reports​Security details are displayed as nested rows of individual investments​Unknown security details are new details identified in the pdf but not present in reference data​Not found details are records present in reference data but not identified in the pdf​Metric validation screenSelect tab ‘Securities’​Security details can be accessed by clicking on the ‘Investment’ drawer​Security investment metrics are displayed as columns, unlike asset metrics which are displayed as rows​Column selector can be used to display or hide security investment metrics​Hover over a metric and click the ellipsis to locate it on the pdf or dismiss it from current view​‍ Note: Access to this module is restricted. ​Please contact us if you are interested in this feature.​ ‍ (238 words)
- [Asset deal performance | support.carta.com](/content/support/kb/guide/en/asset-deal-performance-pchcdoubgl/steps/4916512/index.html): Deal performance table showing metrics of deal as selected by deal-slicer on left hand side​ ​PerformanceAsset Performance can be viewed on the Assets page. It provides a visual representation of key financial metrics for a company or asset over a specific period. ​ The metrics included are net debt, total enterprise value, EBIT, EBITDA, and net revenue. The chart helps identify trends, assess profitability, evaluate the impact of debt and monitor overall revenue growth. ​ You can select each metric from the filter buttons to manipulate and customize the data displayed on the chart.​ IRR and MOIC are also available to view as timeseries ​ The chart provides valuable insights into the performance and profitability of assets, helping to evaluate investment opportunities, compare alternative investments, and measure the success of the investments. ​ You can turn on the toggle to either show IRR or MOIC .​ ‍Operating metricsThe Asset Operating Metrics tablecan be viewed on the Assets page. The visual provides information on an asset's financial health and how valuation multiples have change from deal entry to exit (or current period)​ There are two options available to the user ​Comparison periods​As well and entry to exit a user can view a comparison over key reporting periods – Quarter, Year to date and Last twelve months​Pull data forward​Where valuation metrics are not available for the latest reporting period this option enables the user to pull forward the latest published data in order to form a more complete picture of the analysis ​he Asset Value Bridge can be viewed on the Assets page. This visual displays the contributing factors to the change in value of a deal since entry to aid in understanding how the value of a company is being created.​ The key metrics for this analysis are company operating metrics which are extracted from fund performance reports.​ The categories Accelex have included, and the calculations, are as follows:​Entry equity = The total enterprise value (TEV) of the company at entry​EBITDA growth = Average valuation multiple x change in EBITDA​Debt Paydown = Change in net debt​Multiple expansion = Change in valuation multiple x average EBITDA​Current equity = The current TEV of the company / TEV when the deal was exited.​Other = It’s possible that some operating metrics will not be published and therefore not all the above categories can be calculated. The “Other” category is the residual. ​​​ You can switch between two views within this chart.​Multiple : The chart shows the y-axis as multiples of the entry equity (the entry equity will have a value of 1.0x). ​Absolute : The chart shows the y-axis as a raw number view. ​​‍ (429 words)
- [User roles and permissions | support.carta.com](/content/support/kb/guide/en/user-roles-and-permissions-p3ceyickqa/steps/4916571/index.html): User roles and permissionsNote: The old roles system of User / Power user is now deprecated. Existing accounts have been automatically updated with the new roles. By default, these replicate your existing setup.Available user rolesNew user rolesDeprecated user rolesUser rolePermissionUser (Deprecated)Power user (Deprecated)Explore userCan access the portfolio analytics module✅✅Extract userCan access the data extraction module✅✅Documents manager allCan edit all document types on the documents screens✅✅Metrics validator allCan validate (edit) metrics for all document types✅✅Document reviewer allCan review the validation of all document types✅✅Document approver allCan commit (extract) metrics for all document types✅✅Reference data viewerCan access the reference data section✅✅Audit screen viewerCan access the audit section✅✅Operational monitoring viewerCan view the System Events and Alerts tabs within ""My Organisation""✅✅Filters managerCan access the filters section❌✅Monitor screen viewerCan access the data monitor section❌✅Multi-tenant accessCan access other specified tenants❌✅Multi-tenant managerCan assign users to access other tenants❌✅My organization managerCan create and manage users❌✅Workflow dashboard viewerCan access the main dashboard section❌✅Connections managerCan manage external connections❌❌‍Using access groups to control workflowsYou can use "access groups" to organize these roles to suit your workflow:Create a new access group, giving it a meaningful name;Select from the available roles to grant this access group the desired permissions. An access group must have at least one role assigned to it, but you can add as many roles as needed.You can now easily add or remove individual users to the user groups you defined.Note: Access groups can be created and managed by anyone with the role of “My organization manager”.​‍ExampleTeam A wants to restrict which users can review validated documents and commit data. To reflect this workflow, the administrator creates two access groups: The first one, 'Document validator group' will allow group members to open and validate documents, but not approve and commit data:The second access group, 'Documents reviewer group', gets assigned the roles above, and additionally 'Document approver' and 'Document reviewer'; this means that members of this group will also be able to operate as document reviewer and will be able to commit data.It is now easy to assign and re-assign individual users to those groups as needed. ‍ (422 words)
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- [Approval workflow | support.carta.com](/content/support/kb/guide/en/approval-workflow-bm6mwredwf/steps/4916565/index.html): Approval workflowCarta LP Portfolio Analytics supports a flexible four-eyes and six-eyes workflow. This can be left optional or set to mandatory.  When you finish validating a document, you should follow your team's review process. 4-eyes or 6-eyes approval flows are optional by default, but can be made mandatory.On the metric validation screen, click the Finish button top rightIn the dialog, chose 'Submit for approval'Select the workflow stage and a reviewer (optional). ​If you are reviewing, you may also send the document back for validation by selecting ‘In progress’ status.​If 4-eyes approval is enforced by your system settings then the following rules apply:The validator user must be a different person from the reviewer/approverThe last user to validate a document is set as the ASSIGNED TO user;Once the document is moved to PENDING APPROVAL, the assigned user can not be changed​  Workflow stages are:In progressPending approval​Pending second approval​If no additional reviews are required, select the 'Commit metrics to database' option instead. This will complete the process and submit the extracted data to the database for export. Tip: Reviewers can be selected directly from the inbox too. ‍Enforcing 4-eyes review workflowsGo to My organization > Your tenant name > Settings > Validation workflow to make the validation flow mandatory or optional. You can decide which document types require 4-eyes review workflow and which don't.  You can also activate a strict preparer / checker workflow, whereby the reviewer (checker) user is prevented from making any corrections or changes to a validated document. In this scenario, if a reviewed document needs corrections, the reviewer must return it to the validator (preparer) user first. ‍ (282 words)
- [Merging documents | support.carta.com](/content/support/kb/guide/en/merging-documents-drku6vkwc3/steps/4916541/index.html): Merging documentsMerge multiple documents into a single PDFBulk action to merge multiple documentsSelect two or more documents from the same location (feed, inbox or archive) and click 'Merge documents' through the bulk actions dropdown.From the side panel, you can re-order documents, and pre-select the metadata for the resulting file before confirming the merge.On merge, the pages of the selected PDF documents will be joined in the order selected, resulting in a single PDF. If the document type is supported by our parser (Performance Report, Capital Account Statement, Fund Financial Statement or Cashflow Notice), it will automatically be parsed.Tracking source and destination documentsOnce merged, you can track your source and destination documents using the alert column.The merge icon will indicate documents that were either used for a merge or resulting from a merge. On hover, a tooltip will provide more details and allow you to quickly filter for the source and destination documents.‍RestrictionsMerge operations are restricted to 400 pages. Any merge operations resulting in PDFs over this limit will be rejected. Filenames with special characters are prohibited. (186 words)
- [Carta Policy: Weekly Brief for September 23 | Carta](/content/policy/policy-weekly-09-23-22/index.html): Newly introduced legislation would force more private companies to go public (2,063 words)
- [How to authorize ACH transactions from Carta with your bank | support.carta.com](/content/support/kb/guide/en/how-to-authorize-ach-transactions-from-carta-with-your-bank-80z7nzzkne/steps/3786558-4458939-4428744/index.html): How to authorize ACH transactions from Carta with your bank📢 As of July 2025, Carta is adding Stripe for ACH subscription payment processing.    If your bank account has an ACH block or fraud filter, you'll need to authorize Stripe’s IDs to ensure successful payments. To avoid payment issues, be sure to complete the following steps:Authorize Carta's ACH transactions with your bank by providing the following ACH company IDs:1800948598 and 4270465600PAYD372802 and PAYD574139For SAFE financings and option exercises, click here.💡 We recommend asking for a confirmation letter or take a screenshot from your online banking portal showing the ACH IDs are approved for your records.Verify your payment settings in CartaGo to app.carta.com > Company > Settings > Subscription Details.Ensure the appropriate bank account is set to use for subscription billing and is verified in Carta.Select your financial institution from the list below for complete instructions. (272 words)
- [Overview | support.carta.com](/content/support/kb/guide/en/overview-vjjmobwxbl/steps/4916578/index.html): OverviewThere are three steps to validating a document:Confirm entities and their networkValidate metricsExtract and commit everything to the database‍Step 1: Validate entities and their investment networkIn this step you‍Confirm that the system has recognized the correct set of entities (= investors, funds and companies)Confirm their investment relations ( = network)Amend or add any entity records or investment relations which have not been recognized correctly ‍Step 2: Validate metricsIn this step youSpot-check the metrics automatically found by the parsing engine Manually identify and add any metrics missed by the parser ‍Step 3: Extract data and commit to the databaseIn this final step you commit everything to the database for downstream export or use in Accelex Explore. (127 words)
- [Fund and document notes | support.carta.com](/content/support/kb/guide/en/fund-and-document-notes-xhgjidztdm/steps/4916530/index.html): Fund and document notes A note is specific to a fund in combination with document type - but it applies to all date periods. Example: You add a note to the Q1 performance report for Fund ABC; this note will then also appear on Fund ABC’s performance report in Q2, Q3 and so on. This allows you to pass on important knowledge from quarter to quarter.‍Who can create or edit notes‍Currently, any user has permission to add or edit notes.‍ ‍How to create a fund noteOn any document validation screen, click the ellipsis action button [•••], then ‘Add or edit note’. Note: For multi-fund documents, you can leave a note for any of the funds involved: Simply select the correct fund name from the dropdown; ‍How to edit a fund note‍Click on the ellipsis action button [•••] or click on the banner at the top to open the note – then click the EDIT button. After editing, click UPDATE. All edits or deletions are auditable – simply click the View history link below the text area; ‍How to delete a fund noteGo to edit the note and delete all text, then click UPDATE; the note banner will disappear from the document; ‍ Note: Fund notes are available for these document types: Performance reports, Capital Account Statements, Cashflow notices ‍ (226 words)
- [Network | support.carta.com](/content/support/kb/guide/en/network-enptuhry6e/steps/4916561/index.html): NetworkThe network page lists relationships between entities, such as investments and commitments. Each table row represents a network event, i.e. the connection of a fund to an underlying assets (called INVESTMENT), or of an investor to their funds (called COMMITMENT).Adding network eventsThere are two ways to add network events 1. Add by CSV uploadUse our CSV template and ensure there is a column named public_id present in events.csv.Keep the public_id column blank in order to create a new event.Define and edit the relationship between a vehicle and asset, as well as the status of that event. You can also import unique event IDs from your downstream systems for seamless data integrationAdd any new events directly into the reference data table‍Note: Before you can use an entity to create a network event, the entity must already exist in your environment. For 'Fund-of-funds' structures, funds can play the role of asset as well as vehicle. 2. Add manuallyUse the 'Create relationship' option in the ellipsis menu top right‍ ‍Updating existing events1. Update in bulkDownload an export of your 'Network' reference data (events.csv)This will retrieve events with their corresponding public_id value and enable you to apply the updates in the same csv file. You can then update these values:Event statusEvent IDEntry dateExit dateCommitment nameCommitment typeCommitment sizeShare class ID (Note: Every share class ID should have a unique corresponding share class name)Share class nameFor network events of type investment, two more fields are available: 'Deal type' and 'Sub-deal type' After applying the changes to events.csv , re-upload the file to the platform‍ 2. Update manuallyClick on a row to edit an event's details‍ ‍Securities dataYou can view all associated securities for a network relationship; open the details panel and click the SECURITIES button. To download securities data, right-click on the table and select Export > CSV Export‍ Not all relationships (network events) are possible between entity types. Check our data model overview for a list of valid network connections. ‍ ‍ ‍ (348 words)
- [Grouping and filtering | support.carta.com](/content/support/kb/guide/en/grouping-and-filtering-jo2w7pzdle/steps/4916547/index.html): Grouping and filteringCarta LP Portfolio Analytics offers multiple ways to make your review process more efficient. Below are some features you can use to optimize the grid for your workflow and style of document.‍ Managing columnsUse the column selector to hide/show, re-order or resize table columnsGroupingUse the grouping feature if you want to organize metrics e.g. by asset, by metric or by any other attribute.Searching and filteringUse the column search to quickly filter records to any column value.Bulk selectClick the checkbox or press SPACE bar to select the current row. Press SPACE bar while selecting two checkboxes to select a range of records in one go.‍ (114 words)
- [General Partner page | support.carta.com](/content/support/kb/guide/en/general-partner-page-gb9j3xladm/steps/4916536/index.html): General Partner pageThe individual general partner pages can be used to understand how investments managed by a given general partner are performing.About the GPAt the top of the page, you’ll find customizable information; simply contact us with the general partner descriptions you wish to include.‍CommitmentsBelow this, the commitments table shows each fund managed by the general partner along with key information about these funds including reference data, valuation, performance, and cashflow data per commitment. Use the filters to display the top funds according to any of these metrics: ‍UnderlyingsThe underlyings table here gives a view of the assets managed by the general partner, along with some key metrics.‍ Extracted descriptions of the companies are also displayed here to give a brief idea of business activities beyond the GICS sector. Sort or filter this table as above to get an idea of the top and bottom performers per general partner. ‍ (155 words)
- [How to use the Carta financials and Fund Forecasting integration | support.carta.com](/content/support/kb/guide/en/how-to-use-the-carta-financials-and-fund-forecasting-integration-mbypltxles/steps/4682740/index.html): How to use the Carta financials and Fund Forecasting integrationFund Forecasting now integrates with Carta’s Request for Information (RFI) workflow, allowing portfolio company financial data to automatically sync into the Tactyc KPI Manager. This eliminates manual data entry and simplifies portfolio monitoring, analysis, and reporting across Carta and Fund Forecasting. For customers using Carta’s Data Collection (fka Portfolio Insights), this integration designates Carta’s RFI dashboard as the single source of truth for portfolio company financials, while increasing stickiness between Fund Forecasting and Carta. To learn more about Carta’s Data Collection offering, click here. (125 words)
- [Portfolio performance | support.carta.com](/content/support/kb/guide/en/portfolio-performance-bygbvhtefe/steps/4916507/index.html): Portfolio performanceUse this page for a snapshot of your portfolio’s success, and how this has changed over various time periods.Periodic performanceThe periodic performance table demonstrates the calculated movements over various periods for key performance metrics such as IRR, market value, contributions, distributions, and more. This visual gives you a snapshot of your portfolio performance and the data extracted from capital account statements.‍Commitments and underlyings top / bottom 10The commitments chart shows the top and bottom 10 commitments that have contributed to the overall portfolio’s change in market value. These values are calculated as the change in current value, less any cashflows in or out of the fund or investment. Below the commitments table, you’ll find the underlyings table. Here the underlying assets are ranked to visualise how fund investments contribute to your portfolio.Click the locator button next to a commitment track it across time periods. If you click the locator button from the underlyings table then the asset, the fund, and all other assets within that fund will be highlighted. Click on any entity name to drill through to the entity page for more detailed information – see Fund performance or Asset deal performance for more information. ‍ ‍ (203 words)
- [How to activate your Carta Fund Forecasting account | support.carta.com](/content/support/kb/guide/en/how-to-activate-your-carta-fund-forecasting-account-b6s5milinz/steps/4064667/index.html): How do I activate my Carta Fund Forecasting account? Carta has acquired Fund Forecasting, venture’s best fund forecasting and portfolio construction platform. To make logging into your account easier, we're migrating all Fund Forecasting accounts to Carta. This transition will streamline your experience by consolidating your accounts into one platform, providing you with seamless access to all your tools and resources. For existing Fund Forecasting users, follow the below instructions to activate your Fund Forecasting account in Carta. For users new to both Fund Forecasting and Carta, click here to get started with a Fund Forecasting account.Reach out to fund-forecasting@carta.com if you need further assistance. (125 words)
- [Fund attribution | support.carta.com](/content/support/kb/guide/en/fund-attribution-uwxdrr7hfy/steps/4916532/index.html): Fund attributionResidual value‍Tulip chart showing key contributors to change in residual value over LTM, QTR, or YTD Value bridgeThe Fund Value Bridge can be viewed on the Fund - Attribution tab. This visual displays the contributing factors to the change in value of the total since entry to aid in understanding how the value of the underlying companies is being created.​ The key metrics for this analysis are company operating metrics and fund ownerships which are extracted from fund performance reports.​ The categories Accelex have included are as followsEntry equity ​EBITDA growth ​Debt Paydown​Multiple expansion ​Current equity ​Other‍Click on any of the categories to drill in and see which underlying investments are the biggest drivers of that value growth in the chart on the right. Click on an asset name in the axis to further drill into the asset page.​ It is possible to alternate between two views within this chart.​Multiple : The chart shows the y-axis as multiples of the entry equity (the entry equity will have a value of 1.0x). ​Absolute : The chart shows the y-axis as a raw number view. ​​ ‍ ‍ (199 words)
- [Creating and editing a data monitor | support.carta.com](/content/support/kb/guide/en/creating-and-editing-a-data-monitor-x1ffpwmafd/steps/4916521/index.html): Creating and editing a data monitorAccessing the Data monitorA monitor is constructed using a combination of Investors, Metric filters and Periods. You must select at least one from each dropdown. Go to the main Monitoring page.Creating your first monitorA monitor is constructed using a combination of Investors, Metric filters and Periods. You must select at least one from each dropdown. Go to the main Monitoring page. ‍ To create a new monitor, click the CREATE button top right of the page.To edit an existing monitor, click the EDIT button in the relevant table row. In the details panel, ensure the monitor has a descriptive name, and choose settings: A monitor is constructed using a combination of 1. Investors 2. Metric filters 3. Periods ‍You must select at least one from each dropdown. ‍ Don’t see any investors? You first need to set them up in your reference data, and then create commitment events between investors and funds. Learn more about our data modelor speak to your CS representative Once you have selected any combination of these three, select ADD and your monitor will go into a PENDING state. As soon as it is ready to view, the status will update to INITIALIZED. You can then access your monitor by clicking on its name. Note: ‍Due to the large amounts of data involved, it can take some time for for a monitor to be initialized. As a guideline, we estimate the following creation and update times: • 50 funds: ~1 minute• 100 funds: ~3 minutes• 500 funds: ~25 minutes• 1000 funds: ~45 minutes‍ ‍Updating a monitorA monitor presents you with a static view of your data and its completeness at the point that the monitor was last updated. To refresh the view and re-calculate your completeness report, you need to run an update. Use one of these methods:Click RUN UPDATE on the top right of your monitor pageClick RUN UPDATE in the list on the Monitors landing pageSelect EDIT for the Monitor you want to update, then click the UPDATE button without making any other changesSee above for estimated update times. ‍Editing a monitorThe scope of a monitor can be edited at any time, allowing you to change investor(s), filters or periods.Click EDIT from the monitor listing page, or from the [•••] ellipsis button on the top right of a monitor's pageAdjust the scope of the monitor using the dropdownsClick UPDATESee above for estimated update times. ‍Deleting a monitorTo delete a monitor follow these steps:Click EDIT for the Monitor you want to deleteClick DELETEConfirm YES on the deletion confirmation prompt‍ ‍ (402 words)
- [Portfolios overview | support.carta.com](/content/support/kb/guide/en/portfolios-overview-awoluicvvz/steps/4916560/index.html): Portfolios overviewThe main portfolios landing page gives the user a summary of all the portfolios, and the ability to click through and navigate to the more detailed portfolio analysis. Data is show in the portfolio's base currency, and metrics have either been calculated from underlying commitment data and aggregated to the portfolio, or imported into the application using CSV imports​. As with all tables in the applications, the data can be exported to a CSV or Excel file.​ The KPI ribbon displays metrics in the currency of the portfolios. If no consistent currency is available across the displayed portfolios, the default currency is USD.​ 'Ignore as-of date'Including portfolios outside the current date rangeYou can use the toggle at the top of the table to either view portfolios as of a specific date or view all portfolios with their latest available dataset.​ ‍ (144 words)
- [What Happens to Vested Stock & Equity When You Leave](/content/sg/en/learn/equity/leaving-company/index.html): When you quit or leave your job, the type of stock, timing of your departure, and individual vesting schedules determine what happens to your vested stock. (1,947 words)
- [PDF highlighting | support.carta.com](/content/support/kb/guide/en/pdf-highlighting-4xe18zhii5/steps/4916548/index.html): PDF highlightingThe document viewer highlights the entire context of the metric in addition to the value. Metrics are highlighted on the PDF with all relevant attributes. Use the locator buttons to highlight metrics from the PDF in the grid, and vice versa. ‍Highlight: Single metric, all metrics, noneUse the settings at the bottom to manage highlighting on the PDF. This allows you to switch between focusing on an individual metrics and discovering potentially missing data.‍Verify or dismiss metrics directly on the PDFWhen you see a metric which you want to dismiss or verify, you can now do this directly from the PDF:Right-click on the metric to bring up the context menu, then select an action:‍ (120 words)
- [Network search | support.carta.com](/content/support/kb/guide/en/network-search-2jzjygypei/steps/4916562/index.html): Network searchQuickly look up any entity (portfolios, funds, or assets), and navigate directly to the analysis page. ​‍ The network search feature provides users with three swim lanes to visualize an entity's position within the investment network:​ Central swim lane: View the selected entityIn the top panel, you'll find essential reference data about the entity, while the bottom panel presents its key investment metrics. This allows you to quickly preview how relevant an entity is for your investigation without having to navigate further. If there are multiple investments associated with the entity, users can simply scroll through them using the carousel.​ Left hand swim lane: Parent investors with latest market valuesClick on a parent investment to shift the focus to the parent entity in the central swim lane.​ Right hand swim lane : Child investments with latest market values.Click on a child investment to switch the focus to the child entity within the central swim lane.​ ‍ (161 words)
- [Working with documents | support.carta.com](/content/support/kb/guide/en/working-with-documents-ze5amigtqm/steps/4916579/index.html): Working with documentsThe document inbox is designed toGive you a detailed overview of documentsEnable you to process single or multiple documents, e.g. start validating, perform bulk actions, re-assign to usersArchive section ‍Switch between listing of current and archived documents.Simple PDF previewClick the document name to open the document in a PDF preview panel without leaving the inbox screen.Fund nameClick into this field to edit the fund name where needed.Note: “Unknown Fund” indicates a document where the parser could not automatically assign a fund. You must manually assign the correct fund before the document can be validated.Bulk actions Select rows to reveal applicable bulk actions. The available actions depend on the locations of the documents.Document statusPossible statuses are:‍TO DO Document is ready for validation.Action: Click the VALIDATE button to start reviewing the data found by the parser.IN PROGRESS‍Document is in the process of validation with current changes being saved. Data has not yet been finalised and committed to the database.PENDING APPROVAL‍The document has been validated by a first user and is awaiting approval by a reviewer (see page: Review and approval workflow). Data has not yet been finalised and committed to the database.COMPLETED‍The document has been validated. Metrics have been committed to the database and are ready for export.‍‍CHANGEDThe assigned fund or other fundamental settings have been changed. Action: The document needs to be re-parsed to update the parsing results.CATEGORISEDThe document has had its metadata assigned in the document feed and is ready to be moved in inbox for parsing.Action: Select the document and click move to inbox.‍‍Data field displays the number of assets extracted by the parser in a performance report; or the Validate data button is displayed when user hovers over a document and allows user to access validation screen of that document.Filter panelClick into this panel to filter the documents visible.Duplicate file alertsIf the system detects a file that might be a duplicate of another, then it will show an alert in this column. Accelex can automatically identify two types of duplicate documents:​Identical Content: Documents with different names but identical file content​Identical Metadata: Documents with the same key information (fund, report period, document type)that may represent different versions of the same report​Our system understands different document types and applies relevant duplicate criteria:​Capital Account Statements: Flagged when same fund, report period, and investor match​Capital Calls & Distributions: Identified by payment type, date, and fund​Performance Reports: Detected when fund and report period are identical​An "Alerts" column (hidden by default) displays a "!" icon next to duplicate documents​Hover tooltips explain whether duplicates share identical content or metadata​Sort by Alerts to quickly bring all duplicates to the top of your document list​Click "Show Duplicates" from any duplicate document to instantly view all related copies (481 words)
- [Carta + Ramp | Seamless Expense & Fund Management](/content/blog/fund-expense-management-ramp/index.html): Carta + Ramp. Now, we’re talking. (361 words)
- [Asset cohort analysis | support.carta.com](/content/support/kb/guide/en/asset-cohort-analysis-sti67k7ylo/steps/4916510/index.html): The cohort analysis a collection of visuals that allow you to compare the metrics of a specific asset with the broader portfolioAsset performanceUsers have the flexibility to select various metric such as valuation, performance, and operational metrics, and slice the portfolio by asset categories. Additionally, this analysis provides insights into how asset metrics have evolved over time in comparison to like for like cohorts.​‍Like for like performance​ The key metrics for this analysis are company operating metrics which are extracted from fund performance reports and then aggregated to groups by asset categories. For each category a minimum of 4 datapoints are required and the following metrics are calculated. ​Min: Minimum value in the category ​Lower Quartile: The value under which 25% of data points are found when they are arranged in increasing order​Median: The median is the middle value in a set of the dataset once ordered from smallest to largest.​Upper quartile: The value under which 75% of data points are found when arranged in increasing order​Max: Maximum value in the category ​​ ‍ (172 words)
- [Asset operating metrics | support.carta.com](/content/support/kb/guide/en/asset-operating-metrics-vj2eyo4wdp/steps/4916513/index.html): The Asset Operating Metrics table can be viewed on the Assets page.The visual provides information on an asset's financial health and how valuation multiples have change from deal entry to exit (or current period)​ There are two options available to the user ​Comparison periods​As well and entry to exit a user can view a comparison over key reporting periods – Quarter, Year to date and Last twelve months​Pull data forward​Where valuation metrics are not available for the latest reporting period this option enables the user to pull forward the latest published data in order to form a more complete picture of the analysisNote: You can pop out the metrics table to get a larger and more focused view (123 words)
- [Investor portal account setup | support.carta.com](/content/support/kb/guide/en/investor-portal-account-setup-ibvdurhemj/steps/4916538/index.html): Investor portal account setupEasily set up a seamless connection between Accelex and your investor portal account within FIS DDX or Intralinks (VDR Pro).OnboardingFor FIS, the Carta LP Portfolio Analytics requires the setup of a service account. A service account is a single email address with access to all the data rooms within a given investor portal. Once you have such an account, please reach out to the Carta LP Portfolio Analytics to arrange for the an API key to be obtained from FIS. For Intralinks, all your accounts can be added within the Carta LP Portfolio Analytics, and a service account is not required.Onboarding SummaryAccount managementYou must be a power user in order to manage investor portal accounts.1. Go to 'My organisation'Click on 'My organization' in the main menu.2. On the 'My organisation' page, select tenant‍3. Select the 'Connections' tab and expand the 'Investor portal' card4. Add a connectionClick the 'Add ' button5. Name your connection (optional)Provide a unique name for this connection.6a. If you are connecting to FIS DDXFrom the drop-down menu, select 'Sungard' as the portal you want to connect to.Choose the appropriate server location (either US or UK).Enter your email and password.6b. If you are connecting with IntralinksFrom the drop-down menu, select 'Intralinks_VDR_PRO' as the portal you want to connect to.Enter your portal email and password7. Notify Carta LP Portfolio AnalyticsOnce your credentials have been added, the Carta LP Portfolio Analytics will activate your account for API access by adding a licence key. Please notify Carta LP Portfolio Analytics when you are ready to switch on API access for automated document collection. (288 words)
- [Entities | support.carta.com](/content/support/kb/guide/en/entities-6nvqcclfmb/steps/4916528/index.html): EntitiesWithin the reference data section, the entities page allows users to effectively manage entities like investors, funds, companies, real estate, general partners. Editing entitiesClick on a table row to manage all static data associated with the entity.All entity types have these fields available for use:Name*DescriptionWebsiteCountryCityIn addition, there are specialized fields for specific entity types: For type investor:Investor typeFor type fund:Fund sizeFund asset class (2 levels)Vintage yearGeographyFor type company:SectorAll GICS levelsPublicly listedGeographic regionFor type real estate:Property areaProperty type‍Creating entitiesThere are two ways to create new entities in the platform: ‍1. CSV uploadThe most efficient way is to bulk upload an entities list using a .csv template. Use the 'Upload CSV' option in the ellipsis menu:2. Adding entities manuallyUse the 'Create entity' option. Define and edit the entity name, type and currency, You may also include a unique ID that can be imported from your downstream systems for seamless data integration.Editing entitiesTo edit an entity manually, click on its name and edit the details;To edit in bulk, use the CSV upload mechanism (see above) SynonymsTo help the platform recognize entities as they appear in documents, you should define synonyms. For example any alternate or old names, acronyms or spelling variations associated with an entity can be added as synonyms.‍Deleting entitiesIf you have the appropriate permissions you can delete entities – either individually in the details panel, or in bulk from the Bulk action menu:‍NOTE: Entities with ‘ASSOCIATED DATA’ have data points and documents already present in the database; these entities can only be deleted by an administrator. When such an entity is deleted, all related metrics will also be removed. (266 words)
- [Performance reports | support.carta.com](/content/support/kb/guide/en/performance-reports-lahlsncobx/steps/4916557/index.html): Performance reportsPerformance reports are often reported very regularly, and provide very useful information about underlying investments. To aid in gathering valuable insights and accurate data extraction, we have implemented a quarter on quarter analysis while you validate. Quarter on quarter analysisPrevious available quarter’s data are available during the data extraction process, allowing users to check data completeness, and manually compare and perform data quality checks.​ Click on the third icon under investment metrics to view the previous available data, and compare it to what has been captured for the current quarter. Quickly analyse how each company has performed and spot any discrepancies. ​The values shown are from the last completed document, so even if a quarter is missed, you can still make useful comparisons. Simply click on any value to see all relevant data about where it came from, the report date, the received date, or use the document name to find the data point in the document.Smart sortAs you validate data from a standard table of investments, the list of companies will match how they are reported, allowing you to quickly and easily check through data without having to search each company and jump around.‍ (200 words)
- [General Partners overview | support.carta.com](/content/support/kb/guide/en/general-partners-overview-1bdj8g23ug/steps/4916537/index.html): General Partners overviewThe General Partner pages allow you to view your data sliced by fund management.Metrics here are aggregated from capital account statements and commitment level data for funds managed by each general partner. Use the table to dive into any of your general partners or analyze the data provided. All data here is reported in the tenant currency, for easy comparison. Click on any general partner to see in depth data –see General Partner page. (78 words)
- [Analyzing the Gender Equity Gap | Carta](/content/sg/en/data/gap-table/index.html): Much has been said about the gender pay gap, but most publicly available research focuses on only one part of compensation: salary. But in startups, wealth is created through equity ownership on the cap table. (1,161 words)
- [Dismissed metric candidates | support.carta.com](/content/support/kb/guide/en/dismissed-metric-candidates-zqtmdyghpo/steps/4916544/index.html): Dismissed metric candidatesData points which are detected incompletely are considered 'candidates'. By default these are 'dismissed', meaning they will not be included in your data extraction.  To reduce noise, these dismissed metric candidates are not shown under the main traffic light tabs. Instead, you can find them under the 'Dismissed' tab. From there, you can restore ('Un-dismiss') them if desired.Note: Dismissed metrics will not be exported, unless you explicitly validate (un-dismiss) them.‍Using 'dismissed' candidates in your workflowIf you want to make metric candidates part of your review workflow, you can also bring them into view by selecting the 'Show dismissed' toggle at the bottom of the screen. This will blend in rows for candidates together with the non-dismissed records under all tabs (all / green / amber / red). You can then restore and explicitly validate dismissed metrics if they are correct. It is possible to extract multiple candidates for the same metric. ‍‍ (144 words)
- [Committing metrics to the database | support.carta.com](/content/support/kb/guide/en/committing-metrics-to-the-database-yipidfuelt/steps/4916543/index.html): Committing metrics to the databaseCarta LP Portfolio Analytics saves your work automatically, so you can come back to the document at any time. Once you are happy with the validated dataset, click the FINISH button.You will be presented with the option to either commit the data to the database, ready for extraction, or submit the document for approval. We support four eyes approval, so assign a reviewer and submit your documents for a final round of checks before they are committed. We always allow changes to metrics even after documents are extracted, but this extra step ensures reference data is correctly set up and helps to organise your workflow. Note: If your tenant setup uses mandatory approval workflow you will only be able to commit to the database if you are the designated reviewer for the document. The extracted data will contain all metrics which are not DISMISSED. (150 words)
- [Why contractors deserve equity | Carta](/content/sg/en/policy/contractors-deserve-equity/index.html): As gig workers take on more and more of our economy’s essential services, from grocery and food delivery to transportation, it’s vital that we make it possible to extend equity to contractors. (897 words)
- [Document tracker | support.carta.com](/content/support/kb/guide/en/document-tracker-xlg1kvu1pu/steps/4916525/index.html): Document trackerThe document tracker enables you to monitor in real time how fund documents are received and progressed. The tracker enables you to:Instantly see which fund documents are currently outstandingMonitor the state of completion of fund documents, by quarter and document typeInstantly locate those documents in the inbox, then process them or assign them to another userYou can setTime period (four quarters will be shown)Funds listed (search)A range of filter criteria, available in the ADVANCED FILTER panelYou can also switch between grouping by investor and grouping by fund; this allows you to optimize the display for your workflow. ‍Saving custom viewsYou can now save a filter configuration for the tracker, give it a name, and return to it any time from the left hand menu. Use the ••• ellipsis menu top right and select 'Save view as':‍Sorting the trackerYou can organize the display of the document tracker by fund commitment or just by fund. (167 words)
- [Multi-fund and Fund-of-Funds | support.carta.com](/content/support/kb/guide/en/multi-fund-and-fund-of-funds-t3zoxzy5ug/steps/4916559/index.html): Multi-fund and Fund-of-FundsCarta LP Portfolio Analytics supports documents with complex structures, such as Multi-fund and fund-of-fundsOpen the column selector on the document inbox; find and select 'General Partner' to show the columnDocuments that are classified as multi-fund or fund-of-fund are displayed with an icon adjacent to the fund nameIf you modify funds which have been automatically identified by the parser, you will need to re-parse the document‍Display on network validation screenThe network validation process follows a similar user journey as described for Performance Reports. Network validation screen displays all assets associated with the relevant fund. Clicking into the fund field will allow you to edit the link between fund and asset. (117 words)
- [Efficiency tools | support.carta.com](/content/support/kb/guide/en/efficiency-tools-npyls8tioy/steps/4916526/index.html): Efficiency toolsUsing two screens‍‍ On the network or metrics validation screen, locate the ellipsis page menu [•••] at the top, then select 'Split windows'. This open a new browser window containing the PDF preview component. You can now continue to edit and work on this screen as needed. To stop using two windows, select 'Re-join windows' from the menu. ‍‍Rotating PDF pagesPages at right angles can be rotated on screen: Use the new 🔄 icon at the top of the viewer.PDF smooth scrollYou can now scroll through your pages, as well as using the pagination. ‍ ‍ ‍ ‍ (100 words)
- [Funds overview | support.carta.com](/content/support/kb/guide/en/funds-overview-zlo9clurz7/steps/4916534/index.html): Funds overviewThe funds table gives the user a summary of all the funds in the currency of the fund and the ability to click through and navigate to the more detailed fund analysis.​ The metrics displayed can come from performance reports, imported from a CSV file or calculated from data imported or extracted .​ As with all tables in the applications, the data can be exported to a CSV or Excel file.​ ‍ (72 words)
- [How to fix report errors in the Financial Reporting tool | support.carta.com](/content/support/kb/guide/en/how-to-fix-report-errors-in-the-financial-reporting-tool-4xx2ezgbt9/steps/3725281/index.html): How to fix report errors in the Financial Reporting tool Reports in Financial reporting provide an “Errors” tab within that give a variety of issues to be addressed in order to make sure all expenses and disclosures are correctly accounted for.  This guide lists the different error messages and the solution to each.  As more features get added, there may be additional error types which will be added to this support article. If needed, contact 718@carta.com with any issues related to these errors. Error MessageSolution[Award ID]: Missing cancellation treatment and behavior for canceled award<A cancellation treatment and behavior is needed for the canceled award. Contact 718@carta.comAn unexpected error has occurred, contact 718@carta.com Tranches: 1,2,...Delete the report and re-run. If you still are encountering issues, contact 718@carta.com.[Award ID]: Vested shares [x] as of termination date is less than exercised amount of [x]As the exercise transaction is currently entered, the amount of shares exercised does not match what could have been exercised at the time. In most cases, the termination date was entered for an earlier date than actually occurred, or shares were accelerated before termination. The termination date will have to change in order to account for the quantity of vested shares exercised or the grant’s vesting schedule needs to be manually changed to account for the acceleration of shares. Acceleration of vesting may require Board approval and modification expensing on the grant that needs to be handled outside of Carta.[Award ID]: Exercise on ‘YYYY-MM-DD’ must be before expiration date of ‘YYYY-MM-DD’The award was exercised after the expiration date of the award. In many cases, the termination date was backdated, changing the expiration date of the award after the stakeholder had performed an exercise.[Award ID]: Sum of tranche quantities [x] does not match award total quantity [x] for award x.The awards original quantity has been modified and no longer matches the sum of the vesting tranches or the vesting schedule has duplicated vest dates. To investigate this, after logging into Carta web, navigate to the Securities > Equity Awards page. Search for the equity award and click on the award for more details. Check that the quantity of the award under the Details tab matches the total quantity under Vesting Schedule tab. To resolve this issue, contact 718@carta.com describing the error, award impacted, and any kind of modifications that have been made to this award affecting the quantities.[Award ID]: TrancheCalculator error: Cannot calculate ‘post termination exercise period in days’: Last repurchase date is missing for this certificateLast repurchase date was not entered during the termination/cancellation process. To resolve this, contact 718@carta.com with the award ID, cancellation/termination date of the award and the error message associated with the award ID.[Award ID]: Multiple non-void tranches with the same vest date for award id<To investigate this, after logging into Carta web, navigate to the Securities > Equity Awards page. Search for the equity award, click on the award for more details, then click into the Vesting schedule tab.[Award ID]: TrancheCalculator error: Cannot calculate 'has additional vesting condition': AwardType 'AwardType.NSO' cannot have an additional vesting conditionThe event-based performance conditions attached to option grants are not currently supported by our financial reporting module. To resolve this, contact 718@carta.com with the award ID and error message so that the award can be manually excluded from the financial reporting reports.[Award ID]: Exercise quantity should not be greater than the number of outstanding sharesThere are duplicate exercise requests tied to the same exercise for this award and one of those will need to be deleted. To resolve this, contact 718@carta.com with the award ID and error message to determine next steps. (637 words)
- [Document labels | support.carta.com](/content/support/kb/guide/en/document-labels-pxzflkdw6h/steps/4916520/index.html): Document labelsOrganise your document inbox and workflow by adding labels to documents.Why use labelsLabelling documents enables you to make your team’s workflow more efficient. Assign labels to indicate urgency, internal projects, team responsibilities etc. Users can then easily filter and find documents by label to organise their process. ‍How to use labels1. Go to the document inbox and make sure the Labels column is visible in the grid, using the column settings2. Click into the labels field and start typing. The dropdown will suggest matching labels if they have already been created, or allow you to simply create a new label on the fly.You can add more than one label to a document. 3. Remove labels from a document by de-selecting the relevant checkbox4. Once applied, you can search for labels in the inbox search or the advanced filter panel. This is an efficient way to organise your workflow. (152 words)
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- [Fund underlyings | support.carta.com](/content/support/kb/guide/en/fund-underlyings-5e6xn9wglw/steps/4916535/index.html): ‍Fund underlyingsResidual value and total capital invested of fund to company investments aggregated into segmenting groupsTable has investment and operating metrics in fund and asset currency where conversion was possible (32 words)
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- [SEC outlines exam priorities & signals on 401(k) access to alts](/content/uk/en/policy/policy-weekly-11-21-25/index.html): SEC outlines exam priorities tied to retail access, pushes policy changes to expand 401(k) exposure to alts, while Reg S-P compliance looms and Trump renews calls for unified federal AI standards.
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- [Multi-type documents | support.carta.com](/content/support/kb/guide/en/multi-type-documents-klslqvsbe2/steps/4916552/index.html): Multi-type documentsCarta LP Portfolio Analytics supports documents that contain more than one type of data, such as a combination of capital accounts (CAS), performance report (PR), fund financial statements (FFS) and cashflow notices (CFN).Carta LP Portfolio Analytics will split the individual component types so that they can be processed independently, using a single source document. This means you no longer have to upload and process copies of documents for different document types. Follow these steps:Upload documents as per usual and let them finish parsingWhen ready, the document will be split into two or more copies, one each for PR, FFS, CAS and CFN (if applicable) assigned to the same fund.In the inbox, an icon next to the document name indicates the multi-type originYou can interact with the three split copies independently (e.g. edit meta-data / re-parse / export / archive / delete / download as PDF). Doing so will not validate or extract data from the other document type(s)‍By default, the multiple document-type feature is not enabled – please contact us if you want to access it. (184 words)
- [AI is shaping the policy landscape, but is less unified than expected](/content/policy/policy-weekly-04-14-26/index.html): AI policy accelerates in Washington, meanwhile, Congress reauthorizes SBIR/STTR programs. Plus, new tentative stablecoin deals and the INVEST Act aim to modernize capital formation and digital asset regulation for the innovation ecosystem. (2,035 words)
- [Managing users | support.carta.com](/content/support/kb/guide/en/managing-users-vuxqx95yhc/steps/4916539/index.html): Managing usersCarta LP Portfolio Analytics currently offers three user roles with different sets of capabilities. Find the user management page:Note: You can only access this section if you have the correct permissions. Step 1Go to "My organisation" from the personal menu top right and select a tenant name from the list; Step 2To edit: Select an existing user from the tableTo create: Click the "Add user" button top rightStep 3Enter name and email, then select Group memberships. This allows you to assign any number of access groups that are available, allowing you to control which areas the user can access and which actions they are allowed to perform. ‍ (115 words)
- [Introducing the new User Settings page | support.carta.com](/content/support/kb/guide/en/introducing-the-new-user-settings-page-h6iraqrcrd/steps/4948244/index.html): Introducing the new User Settings page Carta has streamlined your account management experience by consolidating the legacy Profile and Security pages into a single, unified destination: User settings. This change provides a more intuitive way to manage all security, personal information, and portfolio settings from one place.Navigate to the User Settings page by clicking your name in the upper right corner of your Carta account → User Settings.What's changing?All security features and account updates are now centralized in User settings.Security features, including password resets and two-factor authentication (2FA) settings, are consolidated under the Login and security section.Your account name and digital signature have been moved to their own dedicated Name and signature section for better clarity.Portfolio-specific data (such as tax and address information) is now managed within the settings for each individual portfolio, not on the main User settings page. (188 words)
- [Archiving documents | support.carta.com](/content/support/kb/guide/en/archiving-documents-zlxakg0bab/steps/4916509/index.html): Archiving documentsThe archive section allows you to clear the main inbox from documents which have been extracted and completed. Select one or multiple documents and apply the archive bulk action to move them to the archive. You can then use the inbox view or filter panel to keep a clean view of your active documents. You can move documents back to the main inbox with the un-archive function. If you delete COMPLETED documents, they will automatically be moved to the archive. You can click delete again to permanently remove them or unarchive them to move them back to the inbox. ‍ (101 words)
- [Data monitor overview | support.carta.com](/content/support/kb/guide/en/data-monitor-overview-befwhfyad7/steps/4916556/index.html): Data monitor overviewThe data monitor allows you to view all data captured from multiple funds, report periods and sources and highlights any gaps or candidates to fulfil your data requirements.BenefitsVisibility into data gaps: Highlight missing or incomplete data points and facilitate targeted efforts to fill them, improving overall data qualityImproved reporting and analysis: Ensure you have all the data you need for comprehensive and reliable reports enhancing the accuracy of data analysis and business intelligence effortsStakeholder confidence: Build trust with stakeholders by demonstrating commitment to data quality and provide them with confidence in the completeness of dataKey featuresThere are 5 key features of the data monitor:Monitors overview: This is where you can create, update and delete monitors as well as see all the monitors setup in your environmentSummary banner: This provides you with headline figures for your monitor including the entities that make it up and your total metric requirementsOverview: This is essentially a data completeness report and provides you with a fund by fund and metric group by metric group breakdown of how close you are to fulfilling your data requirementsData grids: These provide you with a full view of all the data points that make up your monitorFilters: These allow you to filter your entire monitor by an investor, fund or report periodWho’s it for?The data monitor is currently available to power users and administrators only, as they require a high level view of all data within a tenant or a portfolio.  ‍ (258 words)
- [How to add a non-Carta FMV | support.carta.com](/content/support/kb/guide/en/how-to-add-a-non-carta-fmv-ydywx5mtlv/steps/3813398/index.html): How do I add a non-Carta FMV? Users with Full access or Company editor permissions can follow the steps below to add a historical or non-Carta FMV to their company’s account. Navigate to Compliance & Tax and click Manage valuations under 409A Valuations. From the Valuations Dashboard, click Manage fair market value > Add fair market value.If you are in the middle of submitting the 409A request form, the option to add a non-Carta FMV will be below the request. If you have an active Carta 409A Valuation request you will not be able to add a non-Carta FMV. Contact your valuation analyst by emailing 409a@carta.com to have them add it for you.  (127 words)
- [Choosing validation filters | support.carta.com](/content/support/kb/guide/en/choosing-validation-filters-xlakb9ielo/steps/4916516/index.html): Choosing validation filtersSelect the right filter before validating a document to ensure you only have to validate those metrics that matter to you. On the network validation screen, users can choose the filter which will be applied to the next step (metric validation).‍ The selected filter defines which metrics and alerting rules will be shown on the metric validation screen. With the right filter setup, you have the ability to create tailor-made, efficient validation workflows. For instance, let's assume your investment team and your finance team are interested in different sets of metrics: You can create two specialized filters for their requirements. Each team can now use their dedicated filter to validate and extract only those metrics they want – from the same document. Moreover, if a metric has already been validated through one filter / by one team, then this will not have to be re-validated again, saving additional time and effort. ‍ ‍ (154 words)
- [DOL moves to democratize access to alts in 401(k)s](/content/policy/policy-weekly-03-31-26/index.html): New DOL proposal clarifies private market access to 401(k)s, providing fiduciaries a process-based safe harbor for alternatives. Meanwhile, states contemplate QSBS decoupling and court rulings increase liability for Big Tech platform design harms. (1,923 words)
- [Live Events | Webinars & Expert AMAs | Carta Community | Carta Community](/content/community/c/live-events/index.html): Join live webinars, AMAs, and expert sessions on equity management, fundraising, and startup growth. Connect with Carta experts and industry leaders. (276 words)
- [How to customize Financial Reporting assumptions in Carta | support.carta.com](/content/support/kb/guide/en/how-to-customize-financial-reporting-assumptions-in-carta-ppkanqracl/steps/3724877/index.html): How to customize Financial Reporting assumptions in CartaCarta has established default financial reporting assumptions based on guidance from the Financial Accounting Standards Board (FASB), Carta's extensive experience with the Big 4 audit firms, and valuable feedback from clients.  It is important to recognize that these assumptions may not suit every company's unique circumstances, so Carta offers the flexibility to create a customized scenario tailored to your company's specific methods and inputs. (440 words)
- [Operational monitoring and alerting​ | support.carta.com](/content/support/kb/guide/en/operational-monitoring-and-alerting-eszkd25l1s/steps/4916554/index.html): Operational monitoring and alerting​Check the System Events tab to monitor critical platform events.‍‍ Click Create alert to start setting up alerts and notification channels‍‍Currently supported events:​User activity​Creation of new users​‍SFTP transfer activity​Document upload exceptions (Inbox) ​Document upload exceptions (Feed) ​Reference data upload exceptions ​Metadata output exceptions ​‍Document acquisition​Invalid portal credentials (password expiry) ​New data room availability ​Data room removal ​API request/response exceptions ​Document download exceptions ​Email attachment processing exceptions ​‍‍ (89 words)
- [How to Setup ACH Debit Block | support.carta.com](/content/support/kb/guide/en/how-to-setup-ach-debit-block-8ffzjveazf/steps/3971358/index.html): How to set up ACH Debit Block When making payments for expenses or management fee transfers through Automated Money Movement, it’s essential to ensure that your bank accounts have the ACH debit block fraud prevention feature set up correctly to avoid transaction failures and payment delays. The ACH preauthorization instructions below will guide you in properly setting up your bank account and ensuring your transactions process smoothly through Automated Money Movement while preventing unauthorized organizations from debiting your account via ACH. After enabling ACH debit block, make sure to add all approved vendors’ ACH company IDs to the allowed list so they can continue debiting funds from your bank account via ACH. Vendors not on the approved list will be blocked. Enabling ACH debit block will not impact other user permissions and settings in your bank portal. Select your bank to go directly to the setup instructions: (119 words)
- [How does Carta ensure secure and accurate fund payments? | support.carta.com](/content/support/kb/guide/en/how-does-carta-ensure-secure-and-accurate-fund-payments-vqqktbcztn/steps/3724747/index.html): How does Carta ensure secure and accurate fund payments?Carta assists our Fund Administration clients with the initiation of certain cash payments, such as expenses, management fees, and investments from the clients’ bank accounts.  Carta utilizes industry standard risk mitigation and payment processing controls to ensure quality and accuracy of payment initiation on behalf of our clients to review and release. .Process and controlsAll payment requests received from our Fund Administration clients undergo the following validation controls:Review payment request for validity and completenessCollect relevant backup documentation for the transaction, e.g. invoices, investment documents, client approved calculationsVerify Carta’s bank login has the necessary permission to process the transactionAll Carta bank credentials use 2 Factor Authentication and Secure Password Management Software to ensure access and oversightConfirm counterparty instructions meet bank requirements for domestic and/or international payment processingEnsure sufficient cash balances available prior to payment initiationInitiate payment in client’s bank portal using the details providedPerform independent secondary review to ensure payment details are accurateSave payment initiation confirmation from bank portalNotify client payment is ready for release (184 words)
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- [Supported document categories | support.carta.com](/content/support/kb/guide/en/supported-document-categories-3qvukirrqw/steps/4916581/index.html): Supported document categoriesCarta LP Portfolio Analytics can categorize many document types and sub-types in order to help streamline your process. We support these categories for document classification:Document typeDocument subtypeCapital Account Statementn/aCashflow NoticeCall NoticeCashflow NoticeDistribution NoticeCashflow Noticen/aDue Diligencen/aDue DiligenceDDQDue DiligenceInvestment MemorandumDue DiligencePrivate Placement MemorandumESG Reportn/aFund Financial StatementFinancial Statement (Audited)Fund Financial StatementFinancial Statement (Unaudited)Fund Financial Statementn/aGeneral InformationAGMGeneral InformationAnnouncements & UpdatesGeneral InformationInvestor LetterGeneral Informationn/aGeneral InformationPolicies and ProceduresLegalADVLegalComplianceLegalERISA CertificateLegalLimited Partnership AgreementLegaln/aLegalSubscription AgreementOthern/aPerformance Reportn/aPerformance ReportTPT ReportTaxForm 1042-STaxK1 FormTaxn/aTaxTax Estimate (137 words)
- [How to connect your company bank account | support.carta.com](/content/support/kb/guide/en/how-to-connect-your-company-bank-account-m787zihouv/steps/3786228/index.html): How to connect a bank account to Carta via ACHFollow the steps below to connect your U.S. bank account for subscription payments and other transactions.Start by navigating to your company payment settingsLog in to your company Carta account.Click Company settings in the bottom left.Select Payment information.Click Add payment accountSelect how you'd like to connect your bank account for ACH payments: Instantly (through Stripe), or Manually (with micro-deposit verification).⚠️ If your bank account has an ACH block or fraud filter, you'll need to authorize Carta's ACH company IDs to ensure successful payments. Learn more. (102 words)
- [Employee Shareholder Bill of Rights | Carta](/content/uk/en/blog/employee-shareholder-bill-of-rights/index.html): Learn about the fair equity practices that should exist for employee shareholders at venture-backed companies. Read more on the Carta blog. (816 words)
- [Business-to-Business (B2B) Meaning & Examples](/content/uk/en/learn/startups/private-companies/b2b/index.html): B2B stands for “business-to-business” and is used to describe companies, transactions, marketing, and other aspects of e-commerce. Learn whether the B2B business model is right for your startup. (542 words)
- [Anonymized investor aliases (CAS) | support.carta.com](/content/support/kb/guide/en/anonymized-investor-aliases-cas-vpk3o1p3sd/steps/4916511/index.html): Anonymized investor aliases (CAS)Some Capital Account Statements (CAS) documents relate to multiple Limited Partners. Their figures tend to be anonymized, using alias codes such as ‘LP 10’ or similar. Because these are generic and depend on GPs, they can not be treated as synonyms. Carta LP Portfolio Analytics enables you to process these complex documents and assign metrics correctly and efficiently: The ALIAS column in your reference data section lets you map anonymized codes to a commitment and thereby the correct LP. You can also update the field manually in the details panel, or you can add the relevant codes/aliases via regular ref data CSV upload – just add the code to the column 'alias'.‍ (116 words)
- [Data model overview | support.carta.com](/content/support/kb/guide/en/data-model-overview-8kgixwu44n/steps/4916523/index.html): Data model overviewOur generalised data model allow us to describe key relationships between private markets participantsWe are modelling ENTITIES (Vehicles, funds, underlying assets) in combination with EVENTS (investments, commitments, deals etc), which form a network of relationships. ‍Possible relationships (events) between entity typesThe Carta LP Portfolio Analytics data model allows only certain network connections between entities. These connections are called EVENTS and represent e.g. commitments, investments, management relationships that occur between investors, GPs, funds and assets. Below is a list of all valid relationship events between entities and the event type that may link them. No other valid network connections should be created.‍ ‍ (106 words)
- [What is fair value? | support.carta.com](/content/support/kb/guide/en/what-is-fair-value-rwh52a96q4/steps/3725214/index.html): What is fair value?Fair value (not to be confused with fair market value) refers to the unbiased measurement of the potential market price of an asset, good or service. When applied to ASC 718, the meaning of fair value is narrowed down to the measurement of equity awards. The Financial Accounting Standards Board (FASB) requires that all equity awards granted to employees and non-employees be accounted for at fair value. At Carta, the Black Scholes option pricing model is used to calculate fair value. The Black Scholes model has various fixed inputs and assumptions respected by market participants. This model is a commonly-used standard in the finance industry.Fair Value in US GAAPIn a US GAAP scenario, the accounting methodology inputs used at setup will impact the treatment of various awards. Mark-to-market awards will be remeasured on a tranche-by-tranche level, leading to fluctuations in the fair value of the award. A grant date award will have a more stable output for fair value, as the award is not being remeasured on a frequent basis.Fair Value in IFRS:In an IFRS scenario, the accounting methodology available during setup is more limited. The methodology used will remeasure every tranche individually, leading to an expected term that increases with every tranche. As expected term is one of the inputs for the Black Scholes model, this is a component that will inevitably affect fair value. With an increasing expected term, the fair value for awards will also steadily increase. (259 words)
- [Introducing Carta’s fundraising suite | Carta](/content/product-updates/carta-fundraising-suite/index.html): Carta’s Fundraising Suite offers tools and services to make startup fundraising simpler, more efficient, and less expensive for founders.
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- [How to manage fair value assumptions | support.carta.com](/content/support/kb/guide/en/how-to-manage-fair-value-assumptions-4qp2eospbd/steps/3725160/index.html): How to manage fair value assumptions To apply custom assumptions in Carta's Financial reporting tool, the scenario will need a report covering the grant dates of any grants needing a custom assumption. If there are reports that have already been run covering the correct date range, you can find them by navigating to Compliance & Tax. Under Financial Reporting, click Get started. Next, click the the Fair Value Assumptions tab. Once a report has been generated in the scenario, custom Black-Scholes assumptions can be applied to the company’s awards. Select an option below to learn more. (113 words)
- [Inside the late-stage lull | Carta](/content/sg/en/data/late-stage-lull-2024/index.html): At Series D and later, VC deal activity slowed down in Q1 2024. There are reasons for the decline on both sides of the negotiating table. (1,036 words)
- [Manual collection | support.carta.com](/content/support/kb/guide/en/manual-collection-ztazakpggr/steps/4916540/index.html): Manual collectionCarta LP Portfolio Analytics provides manual coverage for portals that do not allow document collection via API or any alternative automated channels.Service accountsCarta LP Portfolio Analytics must be added as an authorized party for each GP relationshipCarta LP Portfolio Analytics will provide an email of the format serviceaccount+n@accelextech.com. Please contact Carta LP Portfolio Analytics support for the 10-digit number n, which is unique to your tenantThis email must be added as a user on all portals from which manual document collection is required‍ The configuration of this service account allows Carta LP Portfolio Analytics to:Maintain passwordsManage MFA requirementsReceive notifications for new documentsAll documents will be manually collected and placed within the document feed. (122 words)
- [Reference data audit | support.carta.com](/content/support/kb/guide/en/reference-data-audit-y57n782isr/steps/4916564/index.html): Reference data auditGo to the dedicated AUDIT tab in the reference data section to see a full audit history. You can reviewDateUserSession IDType of changeInitial and changed valuesSource...and more (37 words)
- [Are Your Cap Table and Waterfall Investor-Ready?](/content/sg/en/blog/llc-cap-table-waterfall-investor-ready/index.html): Ensure your equity data can stand up to audits, due diligence, and investor calls with tools that deliver real-time answers and eliminate spreadsheet risk. (1,289 words)
- [Employee Shareholder Bill of Rights | Carta](/content/sg/en/blog/employee-shareholder-bill-of-rights/index.html): Learn about the fair equity practices that should exist for employee shareholders at venture-backed companies. Read more on the Carta blog. (673 words)
- [How to run reports in the Financial Reporting tool | support.carta.com](/content/support/kb/guide/en/how-to-run-reports-in-the-financial-reporting-tool-avlgvptidh/steps/3845369/index.html): How to run reports in the Financial Reporting tool Once initial setup is complete, the Financial reporting dashboard will become available, allowing users to view reports and settings. To access the dashboard, navigate to Compliance & Tax and click Get started under Financial reporting.  The Scenario dropdown menu enables users to:Rename the current scenarioDuplicate the scenarioMake the current scenario the default scenario that will be automatically selected when navigating to the dashboardDelete the current scenarioCreate a completely new scenario New scenarios will have no impact on the current scenario, allowing users to make changes, analyze impacts to changes, and fully leverage the system for analysis without compromising report integrity. (118 words)
- [Manual collection | support.carta.com](/content/support/kb/guide/en/manual-collection-d2ag2io9x0/steps/5020199/index.html): Manual collectionCarta LP Portfolio Analytics provides manual coverage for portals that do not allow document collection via API or any alternative automated channels.Service accountsCarta LP Portfolio Analytics must be added as an authorized party for each GP relationshipCarta LP Portfolio Analytics will provide an email of the format serviceaccount+n@accelextech.com. Please contact Carta LP Portfolio Analytics support for the 10-digit number n, which is unique to your tenantThis email must be added as a user on all portals from which manual document collection is required‍ The configuration of this service account allows Carta LP Portfolio Analytics to:Maintain passwordsManage MFA requirementsReceive notifications for new documentsAll documents will be manually collected and placed within the document feed. (122 words)
- [Trends in 409A valuations | Carta](/content/data/trends-409a-valuations-2023/index.html): After rocketing to record highs throughout 2021 and into early 2022, pre-money valuations have slid at every fundraising stage. Our first Trends in 409 Valuations report offers insight into how this volatility has affected 409A valuations. (1,132 words)
- [Email integration | support.carta.com](/content/support/kb/guide/en/email-integration-qsjfkgwbik/steps/4916529/index.html): Email integrationEmail integration is an easy and efficient way to get documents from your inbox into the Carta LP Portfolio Analytics workflow. The Carta LP Portfolio Analytics can process email attachments and transfer them into the document feed.ProcessWe issue each client a unique email address with the Carta LP Portfolio Analytics domain. Please reach out to our support team to obtain this email address for your tenantYou can then add this email address to GP distribution lists, or you can configure automated forwarding rules in your internal systemAny email attachments received under this email will be automatically classified, tagged and uploaded to your document feed (110 words)
- [Carta pushes SBA to bolster fund managers and innovators](/content/policy/policy-weekly-04-04-25/index.html): Also: Tariffs set off turmoil across markets; Carta urges SBA to bolster fund managers in congressional testimony
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- [Why should I allow Carta Valuations edit access to my company’s rights & preferences? | support.carta.com](/content/support/kb/guide/en/why-should-i-allow-carta-valuations-edit-access-to-my-companys-rights-preferences-rbyobmnuhv/steps/3725032/index.html): Why should I allow Carta Valuations edit access to my company’s rights & preferences? Carta Valuations has a team of experienced valuation analysts that review your most recent Articles of Incorporation document when conducting your 409A valuation. As part of the 409A process, the valuations team makes sure that the rights and preferences on Carta reconcile with the most recent AOI document. Granting our team access to adjust your rights & preferences will enable us to deliver accurate and timely valuation reports while improving data quality on your Carta account. The team will only make changes to your rights and preferences if discrepancies are identified and edit access has been granted.Rights and preferences that could be subject to adjustment include:Liquidation seniorityLiquidation multipliersOriginal issue and conversion pricesDividend termsParticipation rights (177 words)
- [How to use the Equity Advisory employer dashboard | support.carta.com](/content/support/kb/guide/en/how-to-use-the-equity-advisory-employer-dashboard-tzemmfwple/steps/3790304/index.html): How to use the Equity Advisory employer dashboardSelect an option below to learn more. (51 words)
- [How to manage your payment information | support.carta.com](/content/support/kb/guide/en/how-to-manage-your-payment-information-aorryv4zep/steps/3742115-3741647/index.html): How to manage your personal payment informationEasily update your payment details and link your bank account to Carta for seamless electronic exercises and transactions. To learn more, select a topic below. (113 words)
- [How to review Deferred Tax Assets | support.carta.com](/content/support/kb/guide/en/how-to-review-deferred-tax-assets-qnujz1btce/steps/3724857/index.html): How to review Deferred Tax AssetsDeferred Tax Assets (DTA) result from the disparity between a company's tax liability and its reported tax obligation as per accounting standards. DTA represents a future financial benefit that reduces the company's tax liability in the period it is applied. Stock-based compensation generates DTA through non-qualified compensation instruments like stock options and restricted stock units. Carta's DTA for stock-based compensation complies with US GAAP accounting standards, which mandate the use of the accrual method, ensuring that the tax benefit aligns with compensation expense recognition.Companies issuing option grants should report DTA for stock-based compensation. For questions, contact 718@carta.com. (130 words)
- [Carta Investors](/content/docs/api-platform/docs/carta-investors/index.html): Query fund performance, NAV, partner data, and portfolio financials; build Excel budgets and financial statements; and generate tearsheets (1,500 words)
- [How to use pre and post stock split numbers in Financial Reporting | support.carta.com](/content/support/kb/guide/en/how-to-use-pre-and-post-stock-split-numbers-in-financial-reporting-4vwsosubig/steps/3724980/index.html): How to use pre and post stock split numbers in Financial ReportingIn the event of a stock split, Carta’s Financial Reporting tool enables users to create scenarios and run reports either entirely in post stock split numbers, or in both pre and post stock split numbers. After reflecting a stock split on Carta, the company will need to create a new scenario or duplicate an existing scenario in the Financial Reporting product in order to report in both pre- and post-split numbers. This field is not editable if there are existing reports in the scenario. (122 words)
- [How to automatically expense awards with event-based performance conditions | support.carta.com](/content/support/kb/guide/en/how-to-automatically-expense-awards-with-event-based-performance-conditions-iqpicktkof/steps/3724901/index.html): How to automatically expense awards with event-based performance conditionsCompanies that issue NSOs and RSUs with event-based performance conditions attached to their vesting schedules will now be able to automatically calculate and expense these awards in their SBC Expense, Disclosure, and Dilution reports. Previously, companies that gave out awards with event-based performance conditions calculated their SBC Expense, Disclosure, and Dilution values manually outside of Carta.How does it work?Log into Carta and navigate to Compliance & Tax. Under Financial Reporting, click Get started.Create a new report. The date range for the report should include the date when a performance award was granted.Once an award has met all performance conditions, there will be a true up of the expense and any values will be allocated accurately as per FASB US GAAP guidance. . If the performance conditions have not been met, the expense will be reported as 0 per US GAAP guidance. (106 words)
- [How to use the Dilution Report | support.carta.com](/content/support/kb/guide/en/how-to-use-the-dilution-report-ihpkpme6ou/steps/3725156/index.html): How to use the Dilution Report Public companies are required to disclose two types of dilution reporting values:Basic earnings per share (EPS)Diluted earnings per share (DEPS) Private companies are not required to disclose these values, but will need to start understanding them if they are planning to IPO. Carta’s Dilution Report serves the purpose of obtaining the following details:Incremental sharesShares outstandingSimple average and weighted average common shares outstandingTrading pricesSimple average and weighted average trading price (100 words)
- [How to expense equity awards with performance conditions in Financial Reporting | support.carta.com](/content/support/kb/guide/en/how-to-expense-equity-awards-with-performance-conditions-in-financial-reporting-95hqzlr1wp/steps/3813003/index.html): How to expense equity awards with performance conditions in Financial Reporting Companies that issue NSOs and RSUs with performance conditions can now automatically calculate, expense, and disclose these awards using Carta’s Financial Reporting tool.  Click on a topic to learn more about expensing equity awards with performance conditions. (92 words)
- [Introducing Carta Total Comp | Carta](/content/sg/en/product-updates/introducing-carta-total-comp/index.html): Carta Total Comp allows you to compare market compensation rates based on real-time salary and equity data. With Carta Total Comp, you can be sure your compensation process is efficient, and your compensation is fair and competitive. (1,010 words)
- [How to integrate your HRIS via API | support.carta.com](/content/support/kb/guide/en/how-to-integrate-your-hris-via-api-9k0unbxbzy/steps/3776761-3776757-3776771-3776756-3776753-3776774-3776754-3776772-4071959.html): How to set up an API-based HRIS integrationCarta offers native API integrations with top software applications such as Bamboo, Gusto, Workday, Namely, Rippling, Sequoia, and TriNet, and also integrates with many more trusted HRIS providers through Merge. Integrating your HRIS via API flags pending terminations and profile updates to existing Carta stakeholders from your HR system, in addition to unlocking the power of Carta Total Comp. Best of all, it's easy to set up and can be configured in just a couple of minutes.🔐 Company account users with Full access, Company editor, or HR administrator permissions can set up an HRIS integration. (34 words)
- [Why is FMV required? | support.carta.com](/content/support/kb/guide/en/why-is-fmv-required-eqvxsi2jyl/steps/3724920/index.html): Why is FMV required? Carta requires current and historical Fair Market Values for the company to ensure that equity awards were issued under the safe harbor laws of the IRS, and to prepare tax information for electronic exercises. The following actions require correct FMV:Form 3921 for option holders83(b) election letters for early exercise option grantsAMT Tax for ISO exercisesNSO tax withholdings for employeesRSU tax withholdingsIf your company doesn't have a 409A valuation yet, Par Value can be used as Board-determined FMV and corrected at a later date. This allows for exercises in the absence of a 409A valuation. After onboarding has been completed, request a Carta 409A to work with a valuations analyst.Is the Fair Market Value (FMV) required to exercise Non-Qualified Stock Options (NSOs) for international companies? Yes, the Fair Market Value (FMV) is mandatory for exercising NSOs regardless of the company's country of incorporation. This requirement stems from the security type (NSO), not the company's jurisdictional laws (like US 409A valuation requirements). If a company lacks an up-to-date FMV, NSO stockholders cannot complete their exercise. This policy is currently consistent across all international companies using the platform. (222 words)
- [Take the first step to faster K-1s](/content/product-updates/gp-tax-questionnaire/index.html): Collect key information before tax season officially begins with a quick survey that asks for details about your entities, investments, and firm.
,  (386 words)
- [Policy Insights : Accredited investor criteria | Carta](/content/policy/policy-insights-07-09-24/index.html): Policies meant to protect investors have had the unintended consequence of concentrating the gains of private asset classes—including venture capital—in wealthy areas. (684 words)
- [Why startup headcounts are getting smaller](/content/data/startup-headcounts-2024/index.html): Companies are prioritizing efficiency, lean hiring, and AI adoption to cut costs and extend runway in a post-bull market venture climate. The trend crosses most sectors and industries. (942 words)
- [Frequently asked questions about valuation methodologies | support.carta.com](/content/support/kb/guide/en/frequently-asked-questions-about-valuation-methodologies-vf4ba2vn5s/steps/3725024/index.html): Frequently asked questions about valuation methodologies Choosing accurate and appropriate methodologies for a 409A valuation is dependent on the specifics of each company and project. Factors that influence methodology selection include a company's funding history, historical and projected financials timing to a liquidity event, and other factors. (218 words)
- [Alerts for 'historical edits' | support.carta.com](/content/support/kb/guide/en/alerts-for-historical-edits-b5wgk69wom/steps/4916574/index.html): Alerts for 'historical edits'Historical edits indicate to the user whether a comparable metric in a comparable document was manually adjusted in a previous period – and therefore needs special attention. This alert helps improve data accuracy and consistency. Go to Filters > Metrics, then select the filter you wish to edit. In the metrics list, identify the column 'Alerting'. Here, you can select which alerts should be applied to values found in your documents.Comparable metric is defined as the same metric with identical attributes (e.g. same currency, portfolio company, etc.) but associated with the previous periodComparable document is defined as the same document type associated with the same fundPrevious period is defined as the latest available period for which data was extracted from a comparable document.To configure historical edits:Navigate to the metric of interestUnder Alerting, select 'Historical edit' from the dropdown listSave the new settingsWhen triggered, the metric will appear as 'Unverified', with an explanatory tooltip. Note: Where no comparable historical metric is found, the metric will be flagged green. ‍ Here is an example of a historical edit:‍A 'Capital called' metric is edited in a Q2 2021 Performance Report and the document is extractedFor all subsequent comparable documents, the comparable metric (Capital called with matching attributes) is found by the parser and flagged amber. Opposite we see that the Capital called in Performance Report Q3 2021 is flagged amber. ‍The comparable metric in future comparable documents will remain flagged amber as long as the latest extracted metric was manually adjusted. If, for example, the capital call is extracted without manual adjustment in Q3 2021, then this metric will be parsed as green for subsequent comparable documents. ‍ (287 words)
- [How to understand modification accounting in Financial Reporting | support.carta.com](/content/support/kb/guide/en/how-to-understand-modification-accounting-in-financial-reporting-vkd9zk4uc2/steps/3724784/index.html): How to understand modification accounting in Financial ReportingCarta's Financial Reporting tool is a valuable resource for navigating the intricacies of modification accounting.  Continue reading for more information about how ASC 718 guidelines are applied to various modification types, how they influence financial reporting within Carta, and the impact they have on stock-based compensation.Reach out to your account manager directly for more information about these custom reports, or contact Carta’s Financial Reporting team at 718@carta.com with questions. (69 words)
- [How to get started with Carta's Ramp integration | support.carta.com](/content/support/kb/guide/en/how-to-get-started-with-cartas-ramp-integration-xmozb4ncvf/steps/4216122-4350410/index.html): Carta’s Ramp Integration: Effortlessly sync expenses to your ledgerOur Ramp integration syncs your Ramp expenses — card transactions, bill payments, and reimbursements — to your Carta general ledger. This enables smarter decision-making for your firm with real-time financial visibility, accurate and consistent reconciliations, and a single source of financial truth. With Carta’s Ramp integration, your firm’s expenses show up in the right accounts in real time—without spreadsheets, patches, or guesswork. (241 words)
- [How to get started with QSBS Attestation in Carta | support.carta.com](/content/support/kb/guide/en/how-to-get-started-with-qsbs-attestation-in-carta-ym07osfjy2/steps/4199766/index.html): How to request QSBS Attestation in CartaOnly company account users with Full access and Company editor permissions can request QSBS Attestation in Carta.    This attestation service is an add-on feature to your Carta subscription. It helps companies determine if their shares qualify for QSBS (Qualified Small Business Stock) benefits. If your company requires a QSBS attestation, you can add this service to your plan in one of two ways: (66 words)
- [How to set up a US GAAP or IFRS scenario | support.carta.com](/content/support/kb/guide/en/how-to-set-up-a-us-gaap-or-ifrs-scenario-4degth4721/steps/3869275/index.html): How to set up a US GAAP or IFRS scenarioUsers with Full access and Company editor permissions can follow the instructions below to set up a US GAAP or IFRS scenario. (37 words)
- [Frequently asked questions about Financial Reporting | support.carta.com](/content/support/kb/guide/en/frequently-asked-questions-about-financial-reporting-wpmlaqcnsv/steps/3724891/index.html): Frequently asked questions about Financial ReportingThis guide addresses some of the most common questions and concerns related to the key metrics and calculations used in stock-based compensation and financial reporting. (34 words)
- [Using date filters | support.carta.com](/content/support/kb/guide/en/using-date-filters-3hne8owyxx/steps/4916582/index.html): Using date filtersThe date filter lets you specify more precisely which metrics matter to you, and thereby helps reduce noise and validation time. By default, the metric validation screen shows metrics from all quarterly periods found in the document. However, if you don't want to extract all historical data from a document, then this can needlessly increase the time you spend validating a document.Filter by period and reduce validation timeWith the new filter setting for dates you can specify exactly which quarterly periods you are interested in, and which to exclude. ‍For example, you can now focus on e.g. just the current quarter, and won't have to check metrics from other periods. This reduces visual noise on your screen and saves you time.Optimise date filters for your workflowIf you are interested in extracting the most recent data, you can use the document's report period as filter. This will focus on the latest data contained within the PDF. However, if your workflow includes extracting historical data, then you can also choose specific quarters going back several years.‍ (182 words)
- [How to complete the cost-to-recreate worksheet | support.carta.com](/content/support/kb/guide/en/how-to-complete-the-cost-to-recreate-worksheet-jvqwfdcmql/steps/3725283/index.html): Completing the cost-to-recreate Worksheet The cost-to-recreate worksheet is a critical component of the 409A valuation process, reflecting the expenses a third party would incur to replicate a company's assets from its inception to the valuation date. This worksheet provides insights into the company's value by focusing on personnel, fixed costs, and the implications of past expenditures, ensuring that the valuation accurately represents the company's current worth. (104 words)
- [Getting Started with Carta | Onboarding Guide | Carta Community | Carta Community](/content/community/c/getting-started-with-carta/index.html): Everything you need to set up Carta from scratch. Step-by-step guides for building your cap table, inviting stakeholders, and managing equity from day one. (21 words)
- [Banking & money movement | support.carta.com](/content/support/kb/en/banking-money-movement-433558/index.html): Automated money movement, How to set up your JPM account and create Carta's login, How to connect a bank account, How to get your bank account connected to Fund Admin, How does Carta ensure secure and accurate fund payments?, What are Carta's Fund Admin payment processing service level commitments?, How to Setup ACH Debit Block, How to get started with Carta's Ramp integration, How to upload an expense in Carta, How to use the Intercompany Balances tool (269 words)
- [Aside from 409A, what other valuation services does Carta provide? | support.carta.com](/content/support/kb/guide/en/aside-from-409a-what-other-valuation-services-does-carta-provide-9vd8qlqgbm/steps/3724459/index.html): Aside from 409A, what other valuation services does Carta provide?Valuation services outside of IRC Section 409A include (but are not limited to) deal structuring, litigation, enterprise valuations, gift and estate valuations, etc. Carta currently provides the following types of valuations:IRC Section 409A/ASC 718ASC 820Liquidation threshold valuations for profit interest units of LLCsBusiness EnterpriseGift & Estate TaxWarrantWe are always adding new products and services so contact us with any valuation questions. We would be glad to refer you to an outside provider if we do not offer the services you require. Reach out to valuations-referrals@carta.com for referral inquiries. (80 words)
- [Alerts for anomaly detection | support.carta.com](/content/support/kb/guide/en/alerts-for-anomaly-detection-51zkm4rkfx/steps/4916573/index.html): Alerts for anomaly detectionAnomaly thresholds alert the user if a comparable metric in a comparable document has deviated by more than the percentage set by the user as compared to the latest available period.To configure an anomaly threshold: Navigate to the metric of interestUnder Alerting, select 'Anomaly threshold' from the dropdown listSet the threshold value ExampleIn the example above, an anomaly threshold of 10% has been set for the RVPI metric. The parser will flag any RVPI metric that differs in value by more than 10% as compared to latest extracted RVPI value with the same attributes extracted from a comparable document. ‍ (107 words)
- [How to follow best practices for email addresses used in Carta | support.carta.com](/content/support/kb/guide/en/how-to-follow-best-practices-for-email-addresses-used-in-carta-wqasumvjxv/steps/3986183/index.html): Best practices for email addresses and Carta accountsEmail addresses are critical for managing securities and user access in Carta. To ensure security and proper account functionality, follow these best practices when handling email addresses for Carta accounts.Securities are linked to the email address provided during issuance or stakeholder creation.  (497 words)
- [Alerts for exception-based workflow | support.carta.com](/content/support/kb/guide/en/alerts-for-exception-based-workflow-zzm2k9sin3/steps/4916572/index.html): Alerts for exception-based workflowOur exception-based alerting system is designed to help you focus on the data points that require the most attention. For every metric, you can configure the following:Confidence – alert a user if the extracted metric confidence falls below a pre-defined thresholdReport date – let the user know that the date attribute doesn’t match the report dateAdditional default values can be set for the remaining attributes to assist in accelerating the exception-based workflowHistorical edits (see next pages)Anomaly thresholds (see next pages)The metric will only be marked green if it passes all configured alerting checks. With advanced alerting configured, you can be confident that any data points marked green can be processed straight through to extraction. (122 words)
- [Frequently asked questions about benchmarking valuations | support.carta.com](/content/support/kb/guide/en/frequently-asked-questions-about-benchmarking-valuations-rcuzqejywf/steps/3848460/index.html): Benchmarking valuationsFrequently asked questions Carta's early stage valuation reports are designed specifically for early stage founders to be easy to understand.  Within these reports, you'll find details on our benchmarking methodology, insightful analysis results, and a well-documented valuation conclusion. Select an option below to learn more about our pre-seed, backsolve, and mid-round benchmarking methods and how they can optimally address your specific valuation needs.  (119 words)
- [Creating Value through Connection](/content/blog/private-market-connections/index.html): Connection is a big theme for the Carta R&D team in 2025. Through connection we drive speed, time savings, and insights. Here’s how we’re building connections across the private markets—starting with fund administration. (670 words)
- [Carta Total Compensation Data Reports | Carta](/content/sg/en/product-updates/compensation-data-reports/index.html): New Carta Total Comp data reports provide key information about your employees, cap table, and benchmarking—all in one place. (464 words)
- [Custom reporting for complex fund requirements](/content/product-updates/custom-reporting-engine/index.html): Carta leverages global standards like IFRS and bespoke financial statements that match your fund’s specific and unique reporting requirements. (314 words)
- [How to manage your personal profile information | support.carta.com](/content/support/kb/guide/en/how-to-manage-your-personal-profile-information-xz2un3wcwb/steps/3735554/index.html): How to manage your personal portfolio informationTo manage your personal profile information, click the Select account drop down in the upper left corner and select the your portfolio. (60 words)
- [Carta Community | Equity Management Experts & Founders | Carta Community](/content/community/c/welcome-checklist/sections/839593/lessons/3190227/index.html): Join Carta Community to connect with founders, equity admins, and attorneys. Get answers on cap tables, stock options, SAFEs, and equity management — powered by Carta. (455 words)
- [SAFEs, now automated on Carta | Carta](/content/product-updates/safes-now-automated-on-carta/index.html): So we asked, what if we could help founders create and issue a SAFE in 30 seconds? No room for mistakes, no Word docs, no manual entries to their cap table, no sending wire instructions, no extra email volume. And what if we could put founders in control of future dilution before they issue their very first SAFE? (924 words)
- [How to reset your Carta password | support.carta.com](/content/support/kb/guide/en/how-to-reset-your-carta-password-rcnozxf14v/steps/3724925/index.html): How to reset your Carta passwordGo to the Carta login page and click Forgot password.Enter the email address associated with your Carta account and click Request new password.If needed, click here to go directly to the password reset page.Check your email for a password reset link.Click the link in the email to access the password reset screen.Enter a new password and click Save password.The Carta platform uses the realistic password strength estimation to validate complexity of user passwords.  Passwords must be:At least 9 characters longCannot contain common passwordsCannot contain common patterns (e.g., 123456)Once the password is successfully updated, you'll see confirmation message.If you're still having issues accessing your account, you can reach the Carta Support team by phone at +1 (650) 669-8381, Monday through Friday, between 6 AM and 5:00 PM PST. (69 words)
- [Frequently asked questions about reviewing your 409A valuation | support.carta.com](/content/support/kb/guide/en/frequently-asked-questions-about-reviewing-your-409a-valuation-ccx53rhees/steps/3939649/index.html): Frequently asked questions about reviewing your 409A valuation (111 words)
- [How to share 409A valuation data with stakeholders | support.carta.com](/content/support/kb/guide/en/how-to-share-409a-valuation-data-with-stakeholders-nqbsm1u9vr/steps/3848818/index.html): How to share 409A valuation data with stakeholders  (29 words)
- [CRM](/content/docs/api-platform/docs/carta-crm/index.html): Manage investors, companies, contacts, deals, and notes in your Carta CRM using natural language (1,031 words)
- [How to benefit from QSBS tax exemptions | support.carta.com](/content/support/kb/guide/en/how-to-benefit-from-qsbs-tax-exemptions-wmlbkgir2h/steps/3724558/index.html): How to benefit from QSBS tax exemptions To promote investment in small businesses, as the leading edge of innovation for the U.S. economy, the U.S. government established a tax provision for qualified small business stock (QSBS) in the Internal Revenue Code (IRC).Holders of QSBS could potentially pay zero capital gains tax (up to $10 million) when selling their shares, though specific exclusion amounts will depend on when the shares were acquired.QSBS attestation is a two-step process:The company must qualify as a Qualified Small Business (QSB)Individual certificates need to meet additional criteria to be qualified as Qualified Small Business Stock (QSBS) (95 words)
- [What is the Discount for Lack of Marketability (DLOM)? | support.carta.com](/content/support/kb/guide/en/what-is-the-discount-for-lack-of-marketability-dlom-0bvbioa9wp/steps/3725179/index.html): What is the Discount for Lack of Marketability (DLOM)?When valuing closely-held (private) companies, valuators typically apply a discount for lack of marketability (DLOM) to the share price to account for the fact that private company shares are not completely liquid.  In other words, one should expect to pay less for a closely-held (private) share of stock than that same investor would pay for a publicly-traded, fully liquid security. (70 words)
- [How to manage your security and account settings | support.carta.com](/content/support/kb/guide/en/how-to-manage-your-security-and-account-settings-3upwpbvjhv/steps/3739483/index.html): How to manage your security and account settingsTo access your personal Carta security settings, click your name in the upper right corner and select User Settings from the dropdown menu. (124 words)
- [Prioritize investor communication easily](/content/product-updates/ilpa-reporting/index.html): Automatically generate and distribute ILPA capital call notices for a more streamlined process—no more multiple, manual tools.  (227 words)
- [How Alaan Used Carta to Turn Employees into Real Owners](/content/sg/en/customer-stories/alaan/index.html):  For Dubai-based fintech startup Alaan, scaling meant building out new teams and issuing employee stock ownership plans (ESOPs) to new hires in multiple regions. (672 words)
- [Configuring filters | support.carta.com](/content/support/kb/guide/en/configuring-filters-ahpjnznuaj/steps/4916517/index.html): Configuring filtersThe Filters screen is used to configure the metric extraction for a given type of document, including individual metric and attribute selection and detailed validation alerting settings.Select the document type for your filterDe-select metrics which aren’t of interest to you. Remember you can create multiple filters tailored to different use cases (e.g. a filter suitable for your investment team, another one for the finance team)Set the requirement field to COMPULSORY or OPTIONAL, depending on which metrics are must-haves. This determines the first level of alerting in the validation screensSelect or deselect specific metric types and attributes (e.g. Actual or Forecast, full financial year, last twelve months)You can create ‘free metrics’ not yet automated by the system. These will appear in the validation screen, prompting the user to extract the data manually. Don’t forget to hit the ‘+’ icon to add them to the filter and set the requirement to COMPULSORY to make sure they are always displayed on the validation screen.Note: Compulsory metrics will be flagged in red if the system can not find them in a document (167 words)
- [How to view and accept your 409A report | support.carta.com](/content/support/kb/guide/en/how-to-view-and-accept-your-409a-report-yfbcjdpax3/steps/3725265/index.html): How do I view and accept my 409A report? Once your 409A valuation draft has been delivered, the point of contact selected in the 409A request form will receive an email notifying them that the 409A valuation is ready to review. After the report has been reviewed and your internal sign-off process is completed, you can accept the report on Carta and you will be ready to issue options. The watermarks will automatically be removed after the report is accepted.Create a board consent on Carta to get formal board approval of the valuation. (93 words)
- [Why Talent-Acquisition Startup Guide Switched from Pulley to ‘Industry Standard’ Carta](/content/sg/en/customer-stories/guide/index.html): Guide began as a custom-built interview tool for co-founder Troy Sultan’s earlier startup.  (966 words)
- [Non-Qualified Stock Options (NSO): How NSOs Work](/content/sg/en/learn/equity/stock-options/nso/index.html): Non-qualified stock options (NSOs) are a type of equity compensation that does not qualify for favorable tax treatment. Learn about NSOs and how they work. (1,100 words)
- [How to manage securities templates | support.carta.com](/content/support/kb/guide/en/how-to-manage-securities-templates-j5v3tahpwc/steps/3724713/index.html): How to manage securities templatesSecurities templates empower company admins to effortlessly create and manage pre-defined sets of information and documents, streamlining the equity issuance process by eliminating repetitive administrative work. Think of these templates as the fundamental building blocks for the various forms of equity your company issues. Combined, they can form a convenient package that encompasses all the essential legal and administrative elements of a compliant security.Carta supports five distinct template types that can be seamlessly applied to securities when drafting.Select an option below to learn more. (100 words)
- [community/c/welcome-checklist/sections/839593/lessons/3190226/index.html](/content/community/c/welcome-checklist/sections/839593/lessons/3190226/index.html) (451 words)
- [Signup | Carta](/content/app-europe/investor/signup/index.html) (62 words)
- [Frequently asked questions about requesting a 409A valuation | support.carta.com](/content/support/kb/guide/en/frequently-asked-questions-about-requesting-a-409a-valuation-mt2evkieeu/steps/3818573/index.html): Requesting a 409A valuationSelect your question from the dropdown. (10 words)
- [Creating a new filter | support.carta.com](/content/support/kb/guide/en/creating-a-new-filter-zkb4pqq319/steps/4916524/index.html): Creating a new filterA filter (extraction template) is a set of metrics you regularly wish to extract from your documents.You can configure multiple filters for each document type. This allows you to vary the metrics that users will extract from each fund.Create a new filter (extraction template) by clicking the plus iconSet a template as the default for any new funds uploaded to the platformClone an existing template to avoid starting from scratchRename filters (make it descriptive, as the name will be visible on the validation screen)Delete any templates you no longer needSave any changes made to a template (107 words)
- [How to add and remove emails on Carta | support.carta.com](/content/support/kb/guide/en/how-to-add-and-remove-emails-on-carta-vo70c3h3rm/steps/3710213/index.html): How to add and remove emails on Carta⚠️ The ability to add new backup emails is no longer available.  Once removed, new backup emails cannot be added. After account registration, you can manage your email addresses in Carta at any time by clicking your name in the top right and selecting User Settings. 💡 If you encounter an error when attempting to add or verify an email address, it's likely because that email address is already linked to another Carta account. (53 words)
- [How to view your 409A valuation status | support.carta.com](/content/support/kb/guide/en/how-to-view-your-409a-valuation-status-tlnnnj0hzb/steps/3813544/index.html): How to view your 409A valuation status Navigate to Compliance & Tax, the status of your current 409A request will be displayed under 409A Valuations.  To view more detail, access the Valuations dashboard by clicking Manage valuations.  (203 words)
- [401(k) for High-Growth Companies | Carta, Vestwell & Morgan Stanley](/content/blog/carta-401k-vestwell-morgan-stanley/index.html): The Carta 401(k), powered by Vestwell and Morgan Stanley, is a modern retirement solution for high-growth businesses and their employees. (444 words)
- [Annual Equity Report 2024](/content/data/equity-report-2024/index.html): Using aggregated and anonymized data from tens of thousands of startups, we examine how opportunities to found companies, raise venture funding, and work at startups are distributed according to race and gender. 
 (2,774 words)
- [Cap Table](/content/docs/api-platform/docs/carta-cap-table/index.html): Access cap tables, ownership breakdowns, SAFEs, convertibles, valuations, and more (1,159 words)
- [How to manage share classes and authorized counts | support.carta.com](/content/support/kb/guide/en/how-to-manage-share-classes-and-authorized-counts-jecemj4umj/steps/3768682/index.html): How to manage share classes and authorized countsManaging share classes is a foundational component to issuing compliant securities on Carta, ensuring alignment between your company’s share class details and the most recent incorporation documents. (72 words)
- [Guide to ASC 718 & 505-50 | support.carta.com](/content/support/kb/guide/en/guide-to-asc-718-505-50-ood7v8yoh8/steps/3725400/index.html): What is ASC 718 & 505-50?ASC 718 provides guidelines on how to expense equity awards issued to employees.These equity awards include options, RSAs, etc. The guidance outlines methods on how to determine the fair value of the options such as the Black Scholes Option Pricing Model, the Binomial (or Lattice) Model, and the Monte Carlo. Additionally, the accounting standards codification provides guidance on how to assess the proper amortization and expense allocation methods.ASC 505-50 provides guidance on how to expense equity awards issued to non-employees.The standard provides guidance on how to determine if the grant holder is a non-employee and recommends classifying grant holders who receive 1099's from the business as "non-employees" (with the exception of board members). ASC505-50 also provides guidance on valuation methodology and how to assess the proper amortization and expense allocation methods. (151 words)
- [Connect your Carta data warehouse to an external system](/content/docs/api-platform/docs/access-cartas-snowflake-service-account/index.html): This guide outlines how to query your data in Carta’s Snowflake account using the Snowflake Python connector .
Generate a private key
Permissions Please note that the private key you generate will map to your Carta account's permissions and only include the data sets that you have access to in Carta… (515 words)
- [Deal Closings | Carta](/content/product-updates/deal-closings/index.html): 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. (518 words)
- [What is ASC-505-50? | support.carta.com](/content/support/kb/guide/en/what-is-asc-505-50-bhcivh7guh/steps/3725413/index.html): What is ASC 505-50?ASC 505-50 rules require all nonpublic firms to account for non-employee equity transactions based on either the fair value of the services received or the fair value of the equity instrument issued. ASC 505-50 determines the measurement date as the earlier of:The date that commitment to perform has been determined.The actual date that the performance has been completed.A commitment to perform starts when a large enough disincentive is presented for not performing the service. The disincentive must be directly linked to the equity provider (company) and the counterparty performing the services. (115 words)
- [Guide to federal exemptions | support.carta.com](/content/support/kb/guide/en/guide-to-federal-exemptions-zfst5kihzf/steps/3724738/index.html): Federal exemptions: Guide for admins (22 words)
- [Protect your fund and stay compliant with KYC as a service](/content/product-updates/kycaas-compliance/index.html): Request, view, and manage compliance checks for your LPs on Carta and keep your fund protected. (401 words)
- [Courses | Carta Community](/content/community/courses/index.html) (27 words)
- [How to print securities | support.carta.com](/content/support/kb/guide/en/how-to-print-securities-rjdyrmygqe/steps/3802503/index.html): How to print securitiesCarta makes it easy to print security details or save a copy to your local drive. Follow these steps to download or save copies of your digital certificates by viewing their Details.Where are you trying to print from? (59 words)
- [FAQ and Support](/content/docs/api-platform/docs/faq-and-support/index.html): Resources for common API questions and dedicated support. (667 words)
- [NAV Finance: A Guide to Reporting and Compliance](/content/sg/en/learn/private-funds/management/nav-finance/index.html): Learn how to operationalize NAV facilities, manage collateral structures, and maintain covenant compliance with accurate valuations. (1,948 words)
- [How to recover access to your Carta account | support.carta.com](/content/support/kb/guide/en/how-to-recover-access-to-your-carta-account-q9hqbhc0cw/steps/3724922/index.html): How to recover access to your Carta accountOur automated account recovery feature simplifies the process of regaining access to your Carta account. Users can initiate recovery from the login page, entering their current and new email addresses, and verifying their information through document verification using SMS or a QR code. This feature is particularly useful for those who no longer have access to their email inbox linked to their Carta account.Please note: Company administrators cannot initiate account recovery for stakeholders. This must be done by the account owner themselves. If you still have access to your email but are experiencing issues logging into Carta, click the link below. (101 words)
- [How to log in using a passkey | support.carta.com](/content/support/kb/guide/en/how-to-log-in-using-a-passkey-vrdvhwjdr5/steps/3898803/index.html): How to log in using a passkeyWhat is a passkey?A passkey is a modern, more secure alternative to the traditional username and password login. Instead of creating a password, passkeys use biometrics or a hardware key to authenticate users. Each passkey is linked to a device, such as your smartphone, which stores a private key, while a corresponding public key is stored on the website. When you log in, the system checks if both keys match, granting access after verifying your identity through your biometric or PIN.Passkeys provide enhanced security by eliminating the risks associated with passwords, such as phishing and data breaches. Since the passkey is stored only on your device and isn’t shared across websites, attackers can’t steal it or reuse it. Additionally, passkeys can protect against phishing attempts, as your device will recognize and block login attempts on fake sites.Supported by tech giants, passkeys are based on industry standards designed to work across platforms for years to come. They’re also easier to use, as you log in the same way you unlock your phone—through biometrics or a PIN—without having to remember passwords. This makes passkeys a more secure, convenient way to log in to your accounts.  (98 words)
- [Get Restricted Stock Unit](/content/docs/api-platform/reference/v1alpha1portfoliosissuersgetrestrictedstockunit/index.html): Scope(s): read_portfolio_securities
Retrieve a restricted stock unit. (223 words)
- [Understanding Scopes](/content/docs/api-platform/docs/scopes/index.html): Carta uses OAuth scopes to control access to our data (604 words)
- [How to reset your two-factor authentication (2FA) | support.carta.com](/content/support/kb/guide/en/how-to-reset-your-two-factor-authentication-2fa-nxctmzpneb/steps/3710120/index.html): If you’ve lost access to your two-factor authentication (2FA) device or are having trouble receiving the 2FA code you need to log into your Carta account:First, try to log in using a backup codeIf you're unable to use a backup code, you can request a two-factor authentication reset (59 words)
- [How to troubleshoot the "Empty Account" page | support.carta.com](/content/support/kb/guide/en/how-to-troubleshoot-the-empty-account-page-ldobcqtksy/steps/3725356/index.html): How to troubleshoot the "Empty Account" pageThere are a few different reasons you may have landed on the Empty Account page. First off, what are you trying to do? (46 words)
- [Cookie Usage | Legal Hub](/content/legal/privacy/cookie-usage/index.html): Review cookies in use on our website. (944 words)
- [Visualize LP exposure, for unprecedented control](/content/sg/en/product-updates/look-through-ownership-fund-structures/index.html): The Entity Map makes visual sense of complex entity and partner relationships, reflecting every transaction in real time. (408 words)
- [Incentive Stock Options (ISO): How ISOs Work](/content/sg/en/learn/equity/stock-options/iso/index.html): Learn everything you need to know about incentive stock options, including how ISOs work, tax benefits, and how ISOs differ from other types of equity. (1,092 words)
- [Authorization Code Flow](/content/docs/api-platform/docs/authorization-code-flow/index.html): How to use the authorization code flow with your OAuth application (796 words)
- [Get Option Grant](/content/docs/api-platform/reference/v1alpha1portfoliosissuersgetoptiongrant/index.html): Scope(s): read_portfolio_securities
Retrieve an option grant. (324 words)
- [Why is dilution declining? | Carta](/content/data/vc-dilution-q2-2024/index.html): Dilution levels in new venture deals have been declining across most startup stages. What’s behind this significant shift in the fundraising market?  (1,404 words)
- [Data Warehouse Refresh Cadence](/content/docs/api-platform/docs/refresh-cadence/index.html): An outline of the temporality and refresh schedule for each dataset (440 words)
- [New Views in Visual Accounting to Track Status and Carry](/content/sg/en/product-updates/visual-accounting-upgrades/index.html): Visual Accounting makes it easier to check status on key compliance and reporting workflows and give partners richer insights into their carry economics. (259 words)
- [Visual Accounting: See the flow of capital in real time](/content/sg/en/product-updates/visual-accounting-capital-flow/index.html): Trace capital flows, uncover the "why" behind your metrics, and explore the real-time impact of key events with this Entity Map upgrade. (277 words)
- [What are Carta's security procedures? | support.carta.com](/content/support/s/article/carta-security-overview/index.html): What are Carta's security procedures?Carta employs robust security measures to protect your data and account information.Carta undergoes regular examinations from multiple independent auditors. These include several “Service Organization Controls” Reports (SOC 1/2) and an ISO27001 certification to evaluate internal systems and processes annually.  For access to our SOC reports, ISO certification, as well as additional security collateral, click the link below. (58 words)
- [Fixing PTE to Match Employee Vesting Schedules | Carta](/content/sg/en/blog/pte-vesting/index.html): Carta decided to change PTE to coincide with an employee's vesting schedule. This gives Carta employees more freedom when exercising shares. (194 words)
- [Calculating Cap Table Percentages](/content/docs/api-platform/docs/calculating-cap-table-percentages/index.html): How to calculate outstanding and fully diluted percentages (440 words)
- [Listing firm investments](/content/docs/api-platform/docs/listing-firm-investments/index.html): How to list all investments in an investment firm (340 words)
- [Error Codes](/content/docs/api-platform/docs/error-codes/index.html): Error codes returned by the API (325 words)
- [How to troubleshoot option exercise errors | support.carta.com](/content/support/kb/guide/en/how-to-troubleshoot-option-exercise-errors-zmo0zxnkiz/steps/4803863/index.html): How to troubleshoot option exercise errorsFor optionholders Learn what common error codes related to exercising your options mean, how to fix them, and when to reach out to support or your company admin.How to tell if you need to contact supportIf you've fixed an ACH issueIf the error is grey and the Certificate field says “N/A,” no certificate was created. →You can just start a new exercise after resolving the error. There’s nothing Carta or your company needs to do.If the error is red and the status says Pending or a certificate is listed, a certificate exists and the transaction can’t be fixed manually. →Contact Carta Support to retry the transaction.For wire errors involving expired grants, over-exercise, or platform errors, your company administrator will need to take action.Errors related to ACH paymentsError code DescriptionWhat it meansWhat to doR01Insufficient FundsNot enough funds in your bank account to cover the transaction. The exercise has failed and is permanently canceled. The system does not automatically retry the withdrawal or re-process the exercise. You must submit a brand new exercise request.1. Confirm Funds: Check your bank account balance and ensure sufficient funds are available to cover the exercise cost.  2. Restart Exercise: You must fully restart the exercise process from the beginning, as the exercise window has closed. The new request will require re-approval by the company.R02Account ClosedThe linked bank account is closed.Add a new, active bank account in Carta.R03No Account/Unable to Locate AccountAccount number is invalid or not open, or the account name doesn’t match Carta’s records.Review and confirm your account name, account number, and ACH routing number.R04Invalid Account Number The bank account number is incorrect.Double-check and update your account details.R05Unauthorized debit to consumer account using Corporate SEC codeAccount type mismatch (business vs. personal).Confirm and update your bank account type in Carta.R07Authorization Revoked by CustomerYou previously authorized the payment but have now revoked it.Contact your bank to understand why the payment was rejected.R08Payment Stopped or Stop Payment on ItemYou placed a stop payment on this transaction at your bank.Contact your bank for more information.R09Uncollected FundsNot enough available funds at the time of transaction.Ensure your bank account has sufficient cleared funds.R10Customer Advises Not AuthorizedYou told your bank you do not recognize or authorize this transaction.Contact your bank for clarification.R11Entry Not in Accordance with AuthorizationYou recognize the transaction, but details (amount, date) are incorrect.Contact your bank for clarification.R16Account FrozenYour bank account is frozen.Contact your bank to resolve the freeze.R20Non-Transaction AccountYour account has transaction restrictions (e.g., savings account).Contact your bank for more information.R23/R29Corporate Customer Advises Not AuthorizedACH block or fraud filter is active; Carta’s ACH ID needs to be added.Add Carta’s ACH Company IDs to your bank’s pre-authorization list.⚠️ Carta does not automatically retry failed ACH payouts. Once you’ve fixed the issue, contact support to retry the transaction.Errors related to wire exercisesErrorWhat it meansWhat to doCancellation requestedThe exercise was canceled by Carta staff with company approval.Contact your company for more information. Carta cannot provide further details.30 Day ExpiryFunds were not received in full within 30 days of exercise approval.If your grant is active:Re-initiate the exercise and send the funds.If your grant is expired:Start a refund task in your portfolio.If the refund task option is unavailable:Contact support.Insufficient FundsOnly part of the required funds were received.Send the remaining funds. *If you intended to fund only a specific exercise, contact your company for next steps.Platform ErrorA platform validation error occurred (e.g., grant expired, over-exercise).Contact your company. The company may need to cancel the exercise or amend grant details. Carta cannot facilitate money movement in these cases.Payment ErrorPayout to the company failed (see ACH error list above for details).Contact support for assistance.For wire exercises, funds are only transferred once the full amount is received. Partial payments are not forwarded.Other errorsMessageWhat it meansWhat to doCompany has not provided an updated FMVYour company hasn’t provided a current Fair Market Value (FMV), which is required to complete your exercise. You’ll see this message in the following situations:Exercising NSO (Non-Qualified Stock Option) grants: FMV is needed to calculate estimated taxes.Exercising unvested early-exercisable options: FMV is required to determine tax implications and ensure IRS compliance.Contact your company for more information.Online exercising is currently disabledMay appear if your company hasn’t signed the terms needed to support online exercises for international (non-US) holders.Contact your company. They need to enable international online exercises in Carta’s settings. (761 words)
- [Uploading Files](/content/docs/api-platform/docs/uploading-files/index.html): How to upload files to Carta (122 words)
- [Query capital activity directly in the Data Warehouse](/content/sg/en/product-updates/query-capital-activity-data-warehouse/index.html): Trace every capital call, distribution, and LP payment back to journal entries, and benchmark LP returns against percentile cohorts. (289 words)
- [Shadow Accounting in PE/VC: A Framework for Fund Control](/content/sg/en/learn/private-funds/management/fund-administration/fund-accounting/shadow-accounting/index.html): Learn how to implement a risk-based approach to shadow accounting that validates net asset value, management fees, and waterfall distributions without duplicating operational effort. (1,779 words)
- [Using Postman with Carta's API](/content/docs/api-platform/docs/postman/index.html): How to use Postman to access Carta's API (432 words)
- [Permissions](/content/docs/api-platform/docs/permissions/index.html): An outline of the specific application permissions needed to query each table in the Data Warehouse. (243 words)
- [Fully Diluted Shares: Understanding Fully Diluted Share Count](/content/sg/en/learn/equity/fully-diluted-shares/index.html): Learn what fully diluted shares are and how to calculate your company's fully diluted share count. We'll also explain key differences between fully diluted shares, authorized shares, and outstanding shares. (738 words)
- [Request a demo | Carta IPO Advisory](/content/sg/en/demo/ipo-advisory/index.html): Streamline your transition from private to public equity management with Carta and Morgan Stanley at Work. (59 words)
- [State of Private Markets: Q1 2023 | Carta](/content/data/state-of-private-markets-q1-2023/index.html): Q1 2023 was the slowest quarter for both capital raised and deal count since 2017. (2,578 words)
- [List Interests](/content/docs/api-platform/reference/v1alpha1issuerslistinterests/index.html): Scope(s): read_issuer_interests
Retrieves interests for the issuer. (615 words)
- [How to manage vesting and performance conditions | support.carta.com](/content/support/kb/guide/en/how-to-manage-vesting-and-performance-conditions-xyhucwvark/steps/3719525-3773684-3773722-3773695-3773715-3773740-3773697-3773820.html): How to manage vesting and performance conditions Learn how to create and manage vesting schedules on Carta, both when drafting securities or when creating templates for later use. Pause or accelerate vesting on existing securities, apply custom hybrid date-milestone schedules, and set up performance conditions for RSAs, share certificates, NSO, RSU, CBU and PIU grants. Click on a topic below to learn more. (203 words)
- [List Convertible Notes](/content/docs/api-platform/reference/v1alpha1portfoliosissuerslistconvertiblenotes/index.html): Scope(s): read_portfolio_securities
Retrieve convertible notes. (686 words)
- [Pre-Money Valuations vs. Post-Money Valuations](/content/sg/en/learn/startups/equity-management/private-company-valuations/pre-money-vs-post-money-valuations/index.html): Learn the differences between pre-money and post-money valuations for private companies and how to calculate preferred share price when pitching investors during a priced round. (790 words)
- [Working with Carta’s Draft Issuer API](/content/docs/api-platform/docs/draft-issuer/index.html): How to create new issuers using Carta’s Draft Issuer API (657 words)
- [Adding New OAuth App Scopes](/content/docs/api-platform/docs/adding-new-oauth-scopes/index.html): How to add new OAuth App Scopes (634 words)
- [Create a Draft Option Grant](/content/docs/api-platform/reference/v1alpha1issuersdraftsecuritiescreatedraftoptiongrant.html): Scope(s): readwrite_issuer_draftsecurities
Create a draft option grant.
A draft option grant is an option grant that is either still being finalized or that has not yet received board consent and approval. (722 words)
- [Where can I find sample term sheet language? | support.carta.com](/content/support/s/article/sample-term-sheet-language/index.html): Where can I find sample term sheet language?Carta VC Firm Partners can use the sample language below in their term sheets if desired, in order to ensure all portfolio company investments use Carta as their transfer agent and issue all securities on Carta. (165 words)
- [Get Draft Issuer](/content/docs/api-platform/reference/v1alpha1draftissuersgetdraftissuer/index.html): Scope(s): read_draftissuers OR readwrite_draftissuers
Retrieve a draft version of an issuer. (661 words)
- [Overview](/content/docs/api-platform/docs/overview/index.html): Turn your Fund Admin data into a strategic advantage (356 words)
- [List Transactions](/content/docs/api-platform/reference/v1alpha1issuerslisttransactions/index.html): Scope(s): read_issuer_securities OR readwrite_issuer_securities
Retrieve transaction history for securities belonging to an issuer, filtered by security type.
Use the type query parameter to specify the security type. Supported values: option (option grants), rsu (restricted stock unit awards), rsa … (348 words)
- [Developer Portal](/content/developers-app/user/registration/index.html) (77 words)
- [How to allocate expenses across entities | support.carta.com](/content/support/kb/guide/en/how-to-allocate-expenses-across-entities-nifxmkiyo5/steps/4535095/index.html): Carta’s Expense Allocation Creator makes it easy to split and assign expenses across multiple entities directly within the payment workflow.  Once you pick your paying accounts, you’ll be prompted to reimburse from other entities as needed. The tool lets you quickly select which entities to allocate to and offers options to split expenses pro rata by commitment, with more allocation methods coming soon.  Check out the video on the left to see how it works. (84 words)
- [Rate Limits](/content/docs/api-platform/docs/rate-limiting/index.html): Rate limits for the Carta APIs (224 words)
- [Cashless Exercise of Stock Options: Benefits & Considerations](/content/sg/en/learn/equity/stock-options/exercising/cashless-exercise/index.html): Learn how a cashless exercise of stock options works, including tax implications to consider when exercising ISOs or NSOs. (448 words)
- [Playground Environment](/content/docs/api-platform/docs/playground-environment/index.html): Use our playground environment to test your application. (623 words)
- [Create Draft Issuer](/content/docs/api-platform/reference/v1alpha1draftissuerscreatedraftissuer/index.html): Scope(s): readwrite_draftissuers
Create a draft version of an issuer. (710 words)
- [List Certificates](/content/docs/api-platform/reference/v1alpha1portfoliosissuerslistcertificates/index.html): Scope(s): read_portfolio_securities
Retrieve certificates. (552 words)
- [How to contact your issuing company through Carta | support.carta.com](/content/support/kb/guide/en/how-to-contact-your-issuing-company-through-carta-kcyaped7fo/steps/3711558-3714974-3714965-3715097-3715073/index.html): Carta can't make changes to a company's cap table, so you'll have to contact your issuing company directly if you have questions about your outstanding securities or any exercise-related concerns. Click on a topic below to learn more. (105 words)
- [Carta Europe Privacy Statement | Legal Hub](/content/legal/privacy/carta-europe-privacy-statement/index.html): Your privacy is of crucial importance to Carta Europe. This Privacy Statement describes how Carta Europe collects, processes and protects your personal data. (3,387 words)
- [Using OpenID Connect](/content/docs/api-platform/docs/oidc/index.html): How to use OpenID Connect with Carta's OAuth workflow (231 words)
- [Data Dictionary](/content/docs/api-platform/docs/data-warehouse-schemas/index.html): Detailed definitions for every table and column in the data warehouse (20,350 words)
- [Get Convertible Note](/content/docs/api-platform/reference/v1alpha1portfoliosissuersgetconvertiblenote/index.html): Scope(s): read_portfolio_securities
Retrieve a convertible note. (499 words)
- [Endpoints & TTLs](/content/docs/api-platform/docs/endpoints-configuration/index.html): Endpoints and TTL key values (41 words)
- [Enabling Client Credentials for the Investor API](/content/docs/api-platform/docs/service-accounts/index.html): Overview
This guide is applicable only for partners using the Investor API and client credentials authorization flow
Once your production client credentials application is approved by Carta, you will need to reach out to an Administrator of the Investment Firm(s) you are building an integration for … (222 words)
- [Introduction](/content/docs/api-platform/docs/introduction/index.html): Learn how to quickly and easily embed Carta data into your app. (477 words)
- [List Option Grants](/content/docs/api-platform/reference/v1alpha1portfoliosissuerslistoptiongrants/index.html): Scope(s): read_portfolio_securities
Retrieve option grants. (1,279 words)
- [List Restricted Stock Units](/content/docs/api-platform/reference/v1alpha1portfoliosissuerslistrestrictedstockunits/index.html): Scope(s): read_portfolio_securities
Retrieve restricted stock units. (588 words)
- [Client Credentials Flow](/content/docs/api-platform/docs/client-credentials-flow/index.html): How to use the client credentials flow with your OAuth application (295 words)
- [Get Draft Option Grant](/content/docs/api-platform/reference/v1alpha1issuersdraftsecuritiesgetdraftoptiongrant/index.html): Scope(s): read_issuer_draftsecurities OR readwrite_issuer_draftsecurities
Retrieve a draft option grant.
A draft option grant is an option grant that is either still being finalized or that has not yet received board consent and approval. (279 words)
- [SEC outlines exam priorities & signals on 401(k) access to alts](/content/sg/en/policy/policy-weekly-11-21-25/index.html): SEC outlines exam priorities tied to retail access, pushes policy changes to expand 401(k) exposure to alts, while Reg S-P compliance looms and Trump renews calls for unified federal AI standards.
 (2,072 words)
- [Using Fair Market Value for Stakeholder Portfolios](/content/docs/api-platform/docs/using-portfolio-fmvs/index.html): Fair market value (FMV) is an asset’s estimated value if it were sold today in the current market. FMV is commonly used in real estate to value property, but it’s also used to determine the fair market price for shares of a company’s stock and other financial assets. Private companies must determine… (163 words)
- [Submitting Open Cap Table Files](/content/docs/api-platform/docs/submitting-ocf-files/index.html): How to submit Open Cap Table Format packages to Carta (145 words)
- [List Fund Investment Documents](/content/docs/api-platform/reference/v1alpha1portfolioslistfundinvestmentdocuments/index.html): Scope(s): read_portfolio_fundinvestmentdocuments
Retrieve fund investment documents for a portfolio.
Fund investments documents are shared with limited partners of funds. (617 words)
- [Stock Grants: Why You Should Always Accept Them](/content/sg/en/learn/equity/stock-options/stock-grant/index.html): What is a stock grant? Accepting your stock grant is one of the most important tasks to take care of when starting at a company. Learn more. (423 words)
- [List Option Exercises](/content/docs/api-platform/reference/v1alpha1issuerslistoptionexercises/index.html): Scope(s): read_issuer_securities OR readwrite_issuer_securities
Retrieve option exercises. (609 words)
- [Using Carta's OAuth Workflow](/content/docs/api-platform/docs/authorization/index.html): How your application requests authorization to access Carta data (192 words)
- [Upload Open Cap Table](/content/docs/api-platform/reference/v1alpha1opencaptablesuploadopencaptable/index.html): Scope(s): readwrite_opencaptables
Upload an Open Cap Table Format (OCF) package in binary format to be processed.
If the OCF package is successfully uploaded, the OpenCapTablesService will begin processing the data with the goal of onboarding the Issuer and its related data on to the Carta platform. (553 words)
- [List Security Transactions](/content/docs/api-platform/reference/v1alpha1portfoliosissuerslistsecuritytransactions/index.html): Scope(s): read_portfolio_transactions
Retrieve security transactions related to an issuer held within a portfolio.
Security transactions include information about events like option exercises, share sales, and RSU settlements. (464 words)
- [State of Pre-Seed: Q2 2025](/content/sg/en/data/state-of-pre-seed-q2-2025/index.html): Fundraising has declined, but that's only part of the pre-seed story. Valuation caps have risen for the smallest rounds, suggesting investors now foresee higher upside for very early-stage startups, likely influenced by productivity gains from AI. (638 words)
- [List Restricted Stock Awards](/content/docs/api-platform/reference/v1alpha1portfoliosissuerslistrestrictedstockawards/index.html): Scope(s): read_portfolio_securities
Retrieve restricted stock awards. (948 words)
- [List Vesting Schedule Templates](/content/docs/api-platform/reference/v1alpha1issuerslistvestingscheduletemplates/index.html): Scope(s): read_issuer_securitiestemplates
Retrieve vesting schedule templates.
These templates are used to create vesting schedules for securities issued by the issuer. For example, these templates can be referenced in the Create Draft Option Grant endpoint. (545 words)
- [Get Fair Market Value for Portfolio Issuer](/content/docs/api-platform/reference/v1alpha1portfoliosissuersgetfairmarketvalue/index.html): Scope(s): read_portfolio_issuervaluations
Retrieve the current fair market value of an issuer in a portfolio. (291 words)
- [Get Certificate](/content/docs/api-platform/reference/v1alpha1portfoliosissuersgetcertificate/index.html): Scope(s): read_portfolio_securities
Retrieve a certificate. (412 words)
- [Get Restricted Stock Award](/content/docs/api-platform/reference/v1alpha1portfoliosissuersgetrestrictedstockaward/index.html): Scope(s): read_portfolio_securities
Retrieve a restricted stock award. (249 words)
- [Migrate to Production](/content/docs/api-platform/docs/migrate-to-production/index.html): Pre-requisites for taking your API integration. (149 words)
- [Download Fund Investment Document](/content/docs/api-platform/reference/v1alpha1portfoliosdownloadfundinvestmentdocument/index.html): Scope(s): read_portfolio_fundinvestmentdocuments
Download a fund investment document for a portfolio.
Fund investments documents are shared with limited partners of funds. They can be found via the List Fund Investment Documents endpoint. (192 words)
- [List Portfolio Issuers](/content/docs/api-platform/reference/v1alpha1portfoliosissuerslistportfolioissuers/index.html): Scope(s): read_portfolio_info
Retrieve issuers in a portfolio.
A single portfolio may have multiple issuers that have all issued securities to the portfolio holder. (317 words)
- [Get Open Cap Table](/content/docs/api-platform/reference/v1alpha1opencaptablesgetopencaptable/index.html): Get an Open Cap Table record related to a previously uploaded OCF package.

This endpoint will return a record detailing the status of the processing of an Open Cap Table that was previously uploaded. (77 words)
- [Real-time carry visibility for GP members](/content/product-updates/gp-member-experience/index.html):  We automated the accounting for GP carry.  Now we're delivering the visibility. (376 words)
- [Automated, investor-ready tear sheets](/content/product-updates/tear-sheet-builder/index.html): Build, preview, and export portfolio company tearsheets with a few clicks, reducing the production timeline from days or hours to just minutes.,  (296 words)
- [Understanding Private Investment Funds: An Inside Look](/content/sg/en/learn/private-funds/index.html): Private investment funds are the backbone of the private markets. Learn the basics of private funds, including how they’re structured, managed, and regulated. (2,370 words)
- [Upload File](/content/docs/api-platform/reference/v1alpha1filesuploadfile/index.html): Scope(s): readwrite_file_upload
Synchronously upload a generic file as a binary payload. (223 words)
- [Update Option Exercise Tax Withholding](/content/docs/api-platform/reference/v1alpha1issuersupdatetaxwithholding/index.html): Scope(s): readwrite_issuer_securities
Updates tax withholding information for an option exercise. (270 words)
- [Streamline the audit confirmation process](/content/product-updates/audit-confirmation-tool/index.html): Our latest update lets your fund, auditors, and portfolio companies seamlessly manage investment confirmations and valuation questions.,  (445 words)
- [Get Current User](/content/docs/api-platform/reference/v1alpha1usergetcurrentuser/index.html): Scope(s): read_user_info
Retrieve the user associated with the access token provided to authorize the request.
NOTE: This endpoint cannot be used by client credentials grant type OAuth apps. (160 words)
- [Frequently asked questions about one-pagers | support.carta.com](/content/support/kb/guide/en/frequently-asked-questions-about-one-pagers-d9xkratjty/steps/3725025/index.html): Frequently asked questions about one-pagersInvestors can quickly generate clear portfolio company one-pagers that include basic company information, partners’ quarterly reviews, custom company classification, historical financing and valuation information as well as stability and performance.Click on these tiles to skip below: (35 words)
- [Structure remains persistent in VC rounds in ‘24  | Carta](/content/sg/en/data/deal-terms-q1-2024/index.html): These days, investors have more leverage than startups in deal negotiations. How are they choosing to use it? (1,115 words)
- [How to cancel your exercise request | support.carta.com](/content/support/kb/guide/en/how-to-cancel-your-exercise-request-pbzmwjrzz2/steps/4802262/index.html): How to cancel your exercise requestIf you need to cancel your exercise request in Carta, what you do next depends on whether the request is still pending approval by your company. Ultimately, all cancellations must be handled by your company, not Carta.📋 tl;dr: Canceling an exerciseYou can’t cancel an exercise in Carta yourself. Carta Support cannot cancel or refund an exercise on your behalf. Your company makes decisions around cancellations, reversals, and refunds. The sooner you reach out, the better.If your exercise is still pending (not approved yet)✅ You can still request to cancel at this stage. What to do:Navigate to Exercises in Progress under your HoldingsClick View details beneath the grant IDClick Report issue to send a message to your company adminSuggested message: I’d like to cancel my pending option exercise request for [grant ID]. Please reject it in Carta.If your exercise has already been approvedAt this stage, your company has already processed your request. It may require a refund or reversal. What to do:Contact your company admin right away, orUse the "Report issue" feature to reach out (but please note the admin won't see your message until the next time they log into Carta).Suggested message: I’d like to cancel (or reverse) my approved option exercise for [grant ID]. Could you let me know if that’s possible and what the next steps are? 👉 Your company will let you know if your exercise can be reversed and whether a refund is possible. Timing and next steps depend on how you paid and whether a stock certificate was already issued.Your company has full discretion to approve or reject a cancellation. Carta Support cannot cancel or reverse an exercise on your behalf. (234 words)
- [Update Option Exercise Money Movement](/content/docs/api-platform/reference/v1alpha1issuersupdatemoneymovement/index.html): Scope(s): readwrite_issuer_securities
Updates money movement information for an option exercise. (252 words)
- [Get Shareholder Portfolio](/content/docs/api-platform/reference/v1alpha1portfoliosissuersgetportfolio/index.html): Scope(s): read_portfolio_info
Retrieve a portfolio. (164 words)
- [Streamline Carry Distribution with Automated Calculations](/content/product-updates/automated-carry-allocations/index.html): Automated carry solution that eliminates spreadsheet errors and GP inquiries.,  (413 words)
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- [How to exercise your options on Carta’s mobile app | support.carta.com](/content/support/kb/guide/en/how-to-exercise-your-options-on-cartas-mobile-app-ajquxb3wtw/steps/3885556/index.html): How do I exercise options on Carta’s mobile app?Before you submit an exercise request, review Exercise basics for employees linked below.When you’re ready, this guide will walk you  through the process of exercising your options using Carta's mobile app. Whether you're on the go or prefer the convenience of handling your investments from your phone, our app makes it easy to manage your options. Click on a topic to learn more.  (103 words)
- [What is the effective date of my exercise? | support.carta.com](/content/support/kb/guide/en/what-is-the-effective-date-of-my-exercise-8jagbriogm/steps/3710181/index.html): What is the effective date of my exercise? The effective date of exercises differ based on the payment method used. (341 words)
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- [How to exercise your options on Carta | support.carta.com](/content/support/kb/guide/en/how-to-exercise-your-options-on-carta-wtfnzzvvfs/steps/3763569/index.html): How to exercise your options on Carta👉 If you haven't already, be sure to review Exercising basics for employees before you get started.Select an option below. (61 words)
- [How to complete KYC for your fund | support.carta.com](/content/support/kb/guide/en/how-to-complete-kyc-for-your-fund-oxr5hgmzu6/steps/3725013/index.html): How to complete KYC for your fundLog into your GP PortalNavigate to the Dashboard tabSelect Complete KYC Due Diligence (78 words)
- [New: Introducing Company Financials Integration for Carta Fund Forecasting - Carta Release Notes - Product Updates](/content/releasenotes/new-introducing-company-financials-integration-for-carta-fund-forecasting-4ankf6.html): Carta Fund Forecasting now integrates directly with Carta Data Collection, allowing you to automatically sync portfolio company financials a... (240 words)
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- [Frequently asked questions about exercising on Carta | support.carta.com](/content/support/kb/guide/en/frequently-asked-questions-about-exercising-on-carta-mnyltrcnvg/steps/3767729/index.html): Frequently asked questions about exercising (8 words)
- [Exercising basics for employees | support.carta.com](/content/support/kb/guide/en/exercising-basics-for-employees-esousebzc7/steps/3763919/index.html): Exercising basics for employees This article is designed to enhance your understanding of option grants and prepare you for the exercise process. (98 words)
- [How does the fund transfer process work when I exercise my options? | support.carta.com](/content/support/kb/guide/en/how-does-the-fund-transfer-process-work-when-i-exercise-my-options-6pfwmmy3wt/steps/3714197/index.html): How does the fund transfer process work when I exercise my options?The flow of funds for exercises differs based on the type of option holder and where the issuing company is based. Please carefully select the scenario that applies to you.  (69 words)
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- [How to use Carta's budgeting engine | support.carta.com](/content/support/kb/guide/en/how-to-use-cartas-budgeting-engine-1z8bdaa4mb/steps/4817639/index.html): Connected Budgeting Unlocks Strategic OperationsCarta’s integrated budgeting engine lives in your management company and learns from it. With a dynamic budget that’s easy to create and update, you can focus on the strategic questions that matter most—and have the data to support your decisions.Ask Claude to build your ManCo budget in Excel. The Carta Investors plugin connects Claude to your live Carta data so you can generate budgets, analyze actuals, and model scenarios in plain language — without leaving Excel. Learn how to get started. (71 words)
- [How do I exercise my options as a non-US option holder? | support.carta.com](/content/support/kb/guide/en/how-do-i-exercise-my-options-as-a-non-us-option-holder-it0cpqesky/steps/3780904/index.html): How do I exercise my options as a non-US option holder?Consult a personal financial advisor or tax professional to make sure exercising is right for you.  (49 words)
- [How to exercise your options on Carta as a US option holder | support.carta.com](/content/support/kb/guide/en/how-to-exercise-your-options-on-carta-as-a-us-option-holder-n4ign8ebnd/steps/3780791/index.html): How to exercise as a US option holderOnly one ACH exercise can be pending on an option grant award at a time. A new ACH exercise request can be initiated on that option grant once the payment has gone through. (15 words)
- [New: Integrated Budgeting Engine for Management Company Administration - Carta Release Notes - Product Updates](/content/releasenotes/new-integrated-budgeting-engine-for-management-company-administration-yfgeu.html): We're excited to introduce Carta's integrated budgeting engine, which is built on and stays connected to your actuals. Management company bu... (213 words)
- [Quarterly benchmark refresh - Q4 2025 - Carta Release Notes - Product Updates](/content/releasenotes/quarterly-benchmark-refresh-q4-2025-1igjae/index.html): What’s new?We have updated salary, total cash compensation, and equity benchmarks for all job areas and specializations across all peer grou... (287 words)
- [How to Leverage Data Explorer for Your Fund | support.carta.com](/content/support/kb/guide/en/how-to-leverage-data-explorer-for-your-fund-gkjyz5gguj/steps/4671117/index.html): How to Leverage Data Explorer for Your FundThe Carta Data Explorer is a tool designed for fund managers to unify their firm's data in one place. It allows you to query your data, create custom reports, and build dashboards to gain valuable insights and streamline your reporting workflows. The platform helps you automate manual tasks like exporting multiple spreadsheets and consolidating information, so you can make data-driven decisions and focus on your core business. Click on an option below to learn more: (107 words)
- [New: Data Explorer - Carta Release Notes - Product Updates](/content/releasenotes/new-data-explorer-16jgmi/index.html): We’re excited to announce the release of Data Explorer, which offers Carta Fund Administration customers a centralized hub to query, analyze... (251 words)
- [In-app Securities Account Collection - Carta Release Notes - Product Updates](/content/releasenotes/in-app-securities-account-collection-uswzq/index.html): We’re excited to announce the launch of In-app Securities Account Collection, designed to streamline your next in-kind distributions with en... (283 words)
- [GP Quick Action Tool for New Investments - Carta Release Notes - Product Updates](/content/releasenotes/gp-quick-action-tool-for-new-investments-2auipw/index.html): 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 d... (238 words)
- [Portfolio Insights | support.carta.com](/content/support/kb/en/portfolio-insights-433551/index.html): How to model a financing round for a portfolio company, How to complete offboarding from Portfolio Insights, How to manage the Data collection hub, Frequently asked questions about Portfolio Insights onboarding, Portfolio Insights: Updating the value and gain/loss on investments, Frequently asked questions about one-pagers, How to add non-Carta investments to your Investments dashboard, What are the financial processing policies and procedures for Portfolio Insights?, How to manage RFI email notifications, How to update contact information for your portfolio companies, How to create a waterfall model for a portfolio company, How to send data collection requests, What to send your portfolio companies when you join Portfolio Insights, How do Carta companies and investors fulfill requests for information?, How do non-Carta companies and investors fulfill requests for information?, How to download portfolio company contact information (95 words)
- [How to use Carta KYC services | support.carta.com](/content/support/kb/guide/en/how-to-use-carta-kyc-services-aiohtvb9uv/steps/3854766/index.html): How to use Carta KYC services This guide walks you through how to use Carta's Know Your Customer (KYC) Services. Select an option below to learn more.  (109 words)
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- [State of Private Markets: Q4 and 2022 in review](/content/sg/en/data/state-of-private-markets-q4-2022/index.html): The global economy took a downward turn in 2022, leaving behind 2021’s environment of easy money and soaring valuations. The U.S. venture capital market followed suit. (2,949 words)
- [How to simplify expense management with automated money movement | support.carta.com](/content/support/kb/guide/en/how-to-simplify-expense-management-with-automated-money-movement-0mjkx8uypj/steps/3724621-4065063-3753257-4463307-4461422/index.html): How to simplify expense management with Automated Money Movement Watch this video to learn how the Automated Money Movement feature works for expenses. Video timestamps:0:15 - Benefits1:14 - How the solution works2:34 - ACH debit settings3:47 - Payment permission settings (72 words)
- [Financial Reporting: Milestone Support with Performance Conditions - Carta Release Notes - Product Updates](/content/releasenotes/financial-reporting-milestone-support-with-performance-conditions-1vwu6c.html): Financial Reporting is improving the vesting schedule types supported and updating the UI so it's easier than ever to set it up and generate... (220 words)
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- [Quarterly benchmark refresh - Q1 2026 - Carta Release Notes - Product Updates](/content/releasenotes/quarterly-benchmark-refresh-q1-2026-wvlqc/index.html): What’s new?We have updated salary, total cash compensation, and equity benchmarks for all job areas and specializations across all peer grou... (266 words)
- [PIU Estimated Value - Carta Release Notes - Product Updates](/content/releasenotes/piu-estimated-value-2szc6a/index.html): What's NewCompany admins can now display the estimated value of the portfolio for PIU holders now. Why is it ImportantShareholders in PE-bac... (182 words)
- [wp-content/uploads/2022/02/private-markets-q4-2021-1-pdf.html](/content/wp-content/uploads/2022/02/private-markets-q4-2021-1-pdf.html) (2,959 words)
- [How to add securities transfer instructions for limited partners | support.carta.com](/content/support/kb/guide/en/how-to-add-securities-transfer-instructions-for-limited-partners-rvoqbuvtyr/steps/5645413/index.html): As a Limited Partner, you can add and manage securities transfer instructions in your Carta account to easily receive in-kind distributions.The securities transfer instructions can only be managed by the portfolio administrator, or by users with the ‘Wire & securities instructions’ permissions. The Carta mobile app does not support adding securities transfer instructions at this time - the instructions can only be added via a laptop or desktop computer. Select an option below to learn more. (82 words)
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- [How to accept your convertible or SAFE on Carta | support.carta.com](/content/support/kb/guide/en/how-to-accept-your-convertible-or-safe-on-carta-4jgmmygy5q/steps/3716330/index.html): How do I accept my convertible or SAFE?When a company issues you a convertible, you will receive an email notification that includes the convertible number in the subject line. After opening the email, click Accept on Carta.Why does my SAFE say "convertible" on Carta?SAFEs and convertible notes are displayed under the same category in Carta. Seeing "convertible" in a popup doesn't mean your SAFE is mislabeled — Carta groups these securities together. (146 words)
- [How to accept your warrant on Carta | support.carta.com](/content/support/kb/guide/en/how-to-accept-your-warrant-on-carta-6opqhlrdqm/steps/3716353/index.html): How do I accept my warrant?When a company issues you a warrant, you will receive an email notification that includes the warrant number in the subject line. After opening the email, click Accept on Carta. (57 words)
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- [How to accept your profits interest on Carta | support.carta.com](/content/support/kb/guide/en/how-to-accept-your-profits-interest-on-carta-hszl4xctyn/steps/3716377/index.html): How do I accept my profits interest?When a company issues you a profits interest, you will receive an email notification that includes the profit interest number in the subject line. After opening the email, click Accept on Carta. (60 words)
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- [What is a Salary Band? How to Provide Fair, Consistent Pay](/content/uk/en/learn/startups/compensation/bands/index.html): Learn how salary bands provide fair, consistent pay tied to responsibility, experience, and market data, making them a vital tool for founders aiming to attract and retain top talent. (1,253 words)
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- [How to combine multiple portfolios into one | support.carta.com](/content/support/kb/guide/en/how-to-combine-multiple-portfolios-into-one-5dv0culykf/steps/3750561-3725140-3750560-4135606/index.html): How to merge multiple portfoliosIf you have multiple portfolios for the same company and want to consolidate, you can use Carta’s self-service tool to merge two or more portfolios within your account into one.The self-service portfolio merge tool is for eligible users and simple merges. Learn more. (102 words)
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- [Scope of Services: Carta U.S. Tax Preparation for Non-U.S. Funds | support.carta.com](/content/support/kb/guide/en/scope-of-services-carta-u-s-tax-preparation-for-non-u-s-funds-pgvzprvu8s/steps/3887091/index.html): Scope of Services: Carta U.S. Tax Preparation for Non-U.S. Funds Carta U.S. Tax Preparation for Non-U.S. Funds is an add-on service not included in your Carta Fund Administration subscription. Per annum pricing will be determined based on your individual fund structure, needs, and complexities. U.S. Tax Preparation for Non-U.S. Funds - Base ServicesIncluded in the base Carta Fund U.S. Tax Preparation package, Carta will work with you to determine whether your fund has any U.S. tax filing obligations for the covered tax year. For years without U.S. tax filing obligations, Carta will:Prepare and distribute pro forma Schedule K-1s for your U.S. partners and any other requested partners - not filed with the IRSFor an additional fee, prepare your fund’s pro forma U.S. federal tax return (Form 1065) - not filed with the IRS For years with U.S. tax filing obligations, for an additional base fee, Carta will, when required:Prepare and file your fund’s federal tax return, Form 1065Prepare and distribute Schedule K-1s for partnersPrepare and file state tax returns for your fund and distribute applicable tax documents to partnersAdditional entities, such as parallel, feeder, or blocker entities, require separate subscriptions.ExtensionsThe original U.S. tax filing deadline for partnerships is March 15. If an extension is filed, the filing deadline is on or around September 15. Carta’s tax return filing services are contingent upon tax extensions. Carta will file extensions with the IRS and any applicable states on the Client’s behalf.  For state extensions, Carta determines residency state filing requirements based on partner addresses that have been provided by Client by January 31 following the tax year. Carta is not responsible for late filings due to missing or incorrect state residency information.  Additional Tax Preparation ServicesDepending on your entity structure and activity, you may need certain additional forms or services that are not included in the Base Services. This may include:Non-U.S. portfolio holdings (with additional complexity for those with >10% or >50% ownership)Non-U.S. bank accountsInvestments in cryptocurrency, tokens, token warrants, NFTs or other digital assetsPass-through or fund of fund investmentsOther filings as needed based on fund characteristicsAdditional Services are provided for an additional fee. Talk to your Carta representative to discuss any filings not listed above. If not included in engagement letter pricing, fees will be billed to Client upon completion of tax filing.  Not SupportedWhile most funds are able to be serviced by Carta Fund Tax, the product will be unable to support funds with any of the following non-standard characteristics:Entities not administered through CartaAny other non-standard characteristics as identified by Carta from time to timeClient ResponsibilitiesRequired InformationPrior Year Tax Returns: Client shall provide Carta with the entity’s previous U.S. tax documents, if any. If applicable, Client shall facilitate the transfer of prior year tax data from the prior year tax provider to Carta.Approval of Extension Filing: For years in which filings are required, Carta will automatically file extensions for all taxpayer entities. Where necessary, Client shall provide written approval and/or signature for such extension.Fund Information Accuracy: Client must confirm the fund’s data in the Carta platform, including but not limited to the asset(s) held, by January 31 of the year of the applicable tax filing deadline.Investor Information Accuracy: Client is responsible for the fund’s investors confirming their respective tax information in the Carta platform by January 31 of the year of the applicable tax filing deadline.Review, Approval, and FilingAfter Client has submitted all required information, Carta will prepare tax returns and provide returns to Client for review in the Carta platform.Client shall provide final approval and, for years in which filings are required, sign the e-file authorization(s) in the Carta platform (if applicable). After Client approval is finalized, Carta will: (1) for years in which filings are required, electronically file tax returns with the IRS and applicable states and (2) distribute K-1s to partners via the Carta platform.ConditionsIf the above deliverables are not received, the above deadlines are not met, or if Client or Client’s investors provide incorrect information:Carta shall not be responsible for any interest, fines, or penalties due to late or incorrect filings.Carta shall not be responsible for late tax payments.If Client requests that Carta file a superseding return, there may be an additional charge.By engaging Carta, Client authorizes Carta and its affiliates to review all information about Client and its partners that Client or its partners provide to or receive from any Carta affiliate.  Carta reserves the right to reassess the fee structure for tax preparation services if there are changes to tax laws or regulations that result in a material increase in the complexity of Carta’s services. Carta shall provide Client with at least 30 days’ notice in advance of any such fee increase. Additional terms and conditions apply: https://carta.com/legal/agreements/tax-preparation-product-specific-terms  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. Carta does not assume any liability for reliance on the information provided herein.  © 2024 eShares, Inc. dba Carta, Inc. All rights reserved. (812 words)
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- [Financial Reporting Progress Tracker - Carta Release Notes - Product Updates](/content/releasenotes/financial-reporting-progress-tracker-2pcxfs/index.html): What's new? GPs on Carta now have full visibility into the progress of their quarterly financial reports – 15 days before quarter-end. What’...,  (247 words)
- [Equity reporting suite: OCX - Carta Release Notes - Product Updates](/content/releasenotes/equity-reporting-suite-ocx-1eecfe/index.html): What's new?Carta now has an exportable Open Cap Table report. OCX, also known as the Open Cap Table Excel Standard, is an initiative led by ... (185 words)
- [IFRS Initial Release - Financial Reporting - Carta Release Notes - Product Updates](/content/releasenotes/ifrs-initial-release-financial-reporting-2eiaoc/index.html): What’s newCompanies using our newest version of the financial reporting tool can now report following International Financial Reporting Stan... (210 words)
- [A New Standard for Closings - Carta Release Notes - Product Updates](/content/releasenotes/a-new-standard-for-closings-pnx2w/index.html): What’s new?We’ve enhanced Carta Closings to give General Partners (GPs) greater visibility into their fundraising progress and provide Limit... (374 words)
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- [Total Comp Benchmarks Version 2022-01-10 - Carta Release Notes - Product Updates](/content/releasenotes/total-comp-benchmarks-version-2022-01-10-nv8ic/index.html): What’s new?We've updated the Salary bands for the Engineering, Data, and Research job areas to reflect market changes and improvements to ou... (162 words)
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- [Recent releases for QSBS eligible companies and their shareholders - Carta Release Notes - Product Updates](/content/releasenotes/recent-releases-for-qsbs-eligible-companies-and-their-shareholders-1pdvre.html): We are continuing to enhance the experience for QSBS-eligible companies and their shareholders. Recently, we have introduced the following f... (192 words)
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- [New release in Beta: Add Carta Tax Advisory to your company's Slack - Carta Release Notes - Product Updates](/content/releasenotes/new-release-in-beta-add-carta-tax-advisory-to-your-companys-slack-gotbw.html): What’s NewCompanies can now add Carta Tax Advisory to their Slack. The new Slack app, allows employees to book 1-1 sessions, visit our video... (136 words)
- [Improved Public Exercising Experience - Carta Release Notes - Product Updates](/content/releasenotes/improved-public-exercising-experience-1p6ncm/index.html): Option exercising with Public companies is now easier than ever.  The exercising experience for public companies has been improved. The exer... (184 words)
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- [Public RSU settlement now captures tax withholding at the tranche level - Carta Release Notes - Product Updates](/content/releasenotes/public-rsu-settlement-now-captures-tax-withholding-at-the-tranche-level-3vnmzu.html): Corporations  Equity Administrators Improvement  What’s new? Previously, Carta's public markets RSU settlement tool grouped all vested tranc... (270 words)
- [SPV formations tool for GP/LP co-investments in the UK - Carta Release Notes - Product Updates](/content/releasenotes/spv-formations-tool-for-gp-lp-co-investments-in-the-uk-3nkzqo.html): 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 streamline... (356 words)
- [Notifications for Qualified Small Businesses - Carta Release Notes - Product Updates](/content/releasenotes/notifications-for-qualified-small-businesses-0salc/index.html): What’s NewUsers with holdings in companies identified as Qualified Small Businesses (QSB) will now be notified of the potential tax benefit.... (324 words)
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- [Home Screen Redesign on Mobile - Carta Release Notes - Product Updates](/content/releasenotes/home-screen-redesign-on-mobile-3l6iry/index.html): Users with holdings in private companies can now view their holdings details straight from the home screen for easy access. Who this affects... (126 words)
- [Mobile Investor Cap Table Access - Carta Release Notes - Product Updates](/content/releasenotes/mobile-investor-cap-table-access-2fubeo/index.html): Get connected with your portfolio companies directly from your phone: soon, investors will be able to view cap tables from the mobile app, i... (181 words)
- [Financial Reporting Vesting & Option Service Integration - Carta Release Notes - Product Updates](/content/releasenotes/financial-reporting-vesting-option-service-integration-3bapqq.html): Financial Reporting is making an improvement to the way we pull in cap table data, achieving data consistency with the cap table products fo... (315 words)
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- [Draft & Save Issuances in the Interest Issuance Workflow - Carta Release Notes - Product Updates](/content/releasenotes/draft-save-issuances-in-the-interest-issuance-workflow-3pykvy.html): Description The interest issuance flow got a major upgrade. Now, users are able to create one or many draft issuance sets and can then work ... (106 words)
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- [Guide to managing securities on Carta | support.carta.com](/content/support/kb/guide/en/guide-to-managing-securities-on-carta-zjlgqevkdr/steps/3724613-3776096/index.html): Guide to managing securities on CartaCarta is here to make equity administration straightforward and hassle-free. We’ll help you seamlessly navigate the complexities of managing securities with confidence and precision, empowering you with step-by-step guides and reminders. Whether you need to update a security’s information to fix a clerical error or simply print a copy of a certificate, select an option for more information.Only users with Full access permissions can make changes to issued securities. (134 words)
- [Introducing the New Hire Equity Forecasting calculator to help you proactively allocate equity - Carta Release Notes - Product Updates](/content/releasenotes/introducing-the-new-hire-equity-forecasting-calculator-to-help-you-proactively-allocate-equity-1kgew0.html): What’s new?Carta Total Compensation users can now use the New Hire Equity Forecast calculator to proactively allocate equity for anticipated... (114 words)
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- [Investor Services Security Update: Requiring 2FA in 2022 - Carta Release Notes - Product Updates](/content/releasenotes/investor-services-security-update-requiring-2fa-in-2022-14klem.html): Starting in May 2022, we will require that all Carta accounts have two-factor authentication (2FA), also known as Multi-factor authenticatio... (365 words)
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- [Inside the Carta CRM MCP Server](/content/uk/en/blog/inside-the-carta-mcp-server/index.html): Learn how the Carta CRM MCP server uses the Model Context Protocol to create a programmable substrate for AI agents. Build reliable, production-grade workflows. (1,364 words)
- [The next era of compensation management with Carta + Rippling](/content/uk/en/product-updates/carta-rippling-partnership/index.html): The deepened integration means that salary and equity benchmarks built from over 40,000 startups will be available at your fingertips. 
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- [Carta CRM MCP](/content/docs/crm/docs/carta-crm-mcp/index.html): MCP Server URL : https://mcp.listalpha.com/mcp
For any questions, contact crm@carta.com .

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- [Which LP email address does Carta send notifications to? | support.carta.com](/content/support/kb/guide/en/which-lp-email-address-does-carta-send-notifications-to-gxzafzs0tw/steps/3724490/index.html): Which LP email address does Carta send notifications to?Limited partners (LPs) can control the email address that receives notifications from Carta by managing the primary email on their Carta account. ALL emails originating from Carta will be sent to this address. This means that if a fund has a contact email on file for an LP, but the LP has that address set as the backup email on their Carta account, the LP will nonetheless receive communications sent through Carta at their preferred primary email address.Email notifications related to any fund investments will only be sent to the primary email.Click the link below to learn how to manage your personal Carta account emails, including setting your primary email. (113 words)
- [GP-Led Secondaries Whitepaper | Carta](/content/sg/en/learn/resources/gp-led-secondaries-whitepaper/index.html): Learn about alternative paths to liquidity for private market investors in Carta’s free whitepaper. Find out why GP-led secondaries are rising in popularity, and how they differ from traditional LP-led secondaries. (129 words)
- [Auditor portal | Building the ERP for Private Capital](/content/uk/en/explore-erp/private-credit/auditor-portal/index.html): The Auditor Portal gives your auditors direct, real-time access to the fund documents they need to complete an audit—organized by entity, year, and audit area. (389 words)
- [Return of Allotment of Shares | SH01 form](/content/sg/en/learn/startups/uk-company-registers-filings/sh01/index.html): UK companies must file an SH01 with Companies House within 30 days of allocating new shares. Learn how to complete and file an SH01 form, and how Carta simplifies the process. (983 words)
- [Founder’s Guide to QSBS | Carta](/content/sg/en/learn/resources/founders-guide-qsbs/index-2.html): Download our free founder’s guide to QSBS. Learn how to qualify, document, and maintain QSBS status so you, your team, and investors can maximize tax savings on share sales. (130 words)
- [Automated money movement | Building the ERP for Private Capital](/content/uk/en/explore-erp/private-credit/automated-money-movement/index.html): Automated Money Movement for Distributions streamlines your fund distribution process, eliminating redundant individual wire approvals while giving you and your investors real-time payment visibility. (387 words)
- [Integrated expense management with Ramp | Building the ERP for Private Capital](/content/uk/en/explore-erp/private-credit/integrated-expense-management-with-ramp/index.html): Integrated expense management connects Ramp to Carta so expenses post to the right general ledger accounts in real time—categorized, with receipts, and audit-ready. (336 words)
- [409A vs HMRC Company Valuations: What's the Difference?](/content/sg/en/learn/startups/equity-management/hmrc-vs-409a/index.html): What sets a 409A valuation apart from a company valuation for EMI or CSOP? Find the answer in this Capdesk guide. (1,065 words)
- [Data explorer | Building the ERP for Private Capital](/content/uk/en/explore-erp/private-credit/data-explorer/index.html): Data Explorer unifies ownership and fund data into one environment—pre-built dashboards for deal IRR and fund metrics, custom queries, and an AI Copilot that answers questions. (423 words)
- [Form 1065: What LLC Founders Need to Know](/content/sg/en/learn/startups/tax-planning/llc-taxation/form-1065/index.html): IRS Form 1065 helps LLCs report partnership income, prepare Schedule K-1s, and accurately file an annual tax return. (1,911 words)
- [PE Portco cap table management | Building the ERP for Private Capital](/content/uk/en/explore-erp/private-equity/pe-portco-cap-table-management/index.html): PE Portco Cap Table Management gives PE-backed companies one accurate cap table to share with investors—slice ownership, issue MIUs and PIUs, take as-of-date snapshots, and run waterfalls in platform. (449 words)
- [CS01: Filing a Confirmation Statement with Companies House](/content/sg/en/learn/startups/uk-company-registers-filings/cs01/index.html): UK companies must file a confirmation statement (CS01) with Companies House every year. Learn how to complete and file a CS01 form, and how Carta simplifies the process. (1,403 words)
- [Management company administration | Building the ERP for Private Capital](/content/uk/en/explore-erp/private-credit/management-company-administration/index.html): Management Company Administration is your firm's command center—tracking cash position, paying vendors with native bill pay, clearing intercompany balances, and tracking spend against budget. (328 words)
- [State of Private Markets: 2025 in Review | Carta](/content/sg/en/data/state-of-private-markets-q4-2025/index.html): It was a strong year overall for venture fundraising on Carta, with startups bringing in nearly $120 billion over the course of 2025. As the market adjusts to the omnipresence of AI, a new type of normal has emerged. (805 words)
- [LP portal | Building the ERP for Private Capital](/content/uk/en/explore-erp/private-credit/lp-portal/index.html): The LP Portal gives your limited partners one consolidated view of their commitments and holdings—including deal IRR, SOI, and transactions—plus a document hub for K-1s, capital call notices, and LPAs. (301 words)
- [Tax-ready playbook for emerging VC funds | Carta](/content/sg/en/learn/resources/vc-fund-tax-playbook/index.html): Download our free emerging VC fund tax playbook. Get expert tips on fund taxes, audits, QSBS benefits, K-1 reporting, and staying compliant for a successful first tax season. (113 words)
- [Portfolio valuations | Building the ERP for Private Capital](/content/uk/en/explore-erp/private-credit/portfolio-valuations/index.html): Portfolio Valuations connects your live cap table, market data, and methodology blending in one dashboard—finalize to update the SOI and post journal entries without leaving Carta. (423 words)
- [Closings | Building the ERP for Private Capital](/content/uk/en/explore-erp/private-credit/closings/index.html): Closings replaces offline subscription processes with a digital workflow—prefilling investor details, tax info, and KYC from Carta—so you can track every LP's status and countersign in bulk. (386 words)
- [KYC dashboard | Building the ERP for Private Capital](/content/uk/en/explore-erp/private-credit/kyc-dashboard/index.html): The KYC Dashboard centralizes investor due diligence—collecting LP IDs through secure requests, tracking every LP's verification status, and screening against OFAC and PEP watch lists. (350 words)
- [Tariffs bring uncertainty—and opportunities—for PE and M&A](/content/uk/en/data/tariff-impacts-pe/index.html): In the first weeks after the initial tariff announcement, dealmakers proceeded with caution. More recently, however, spending in the merger market has been revving back up. (1,483 words)
- [GP carry tracking | Building the ERP for Private Capital](/content/uk/en/explore-erp/private-credit/gp-carry-tracking/index.html): GP Carry Tracking links your fund and GP entity in one system of record, updating vested percentages automatically and calculating carry against fund performance so capital account statements stay accurate. (328 words)
- [Startup M&A in 2023 | Carta](/content/uk/en/data/mergers-acquisitions-2023/index.html): Between Q1 2021 and Q1 2022, the number of M&A deals targeting startups on Carta increased by 79%. (1,247 words)
- [Data explorer | Building the ERP for Private Capital](/content/uk/en/explore-erp/private-equity/data-explorer/index.html): Data Explorer unifies ownership and fund data into one environment—pre-built dashboards for deal IRR and fund metrics, custom queries, and an AI Copilot that answers questions. (424 words)
- [C-Corp cap table management | Building the ERP for Private Capital](/content/uk/en/explore-erp/private-equity/c-corp-cap-table-management/index.html): C-Corp Cap Table Management gives GPs and their portfolio companies one shared, live cap table—issue equity, view ownership as of any date, and model waterfall scenarios, all in one place. (453 words)
- [Loan operations | Building the ERP for Private Capital](/content/uk/en/explore-erp/private-credit/loan-operations/index.html): Loan Operations centralizes every loan and facility into one view—tracking interest-rate history, PIK accruals, and payment schedules—so each payment flows straight into fund administration and your general ledger. (392 words)
- [LLC cap table management | Building the ERP for Private Capital](/content/uk/en/explore-erp/private-equity/llc-cap-table-management/index.html): LLC Cap Table Management handles complex private-equity ownership—issue equity, trace look-through ownership across entity layers, and run each portfolio company's waterfall from a live cap table. (412 words)
- [Visual accounting | Building the ERP for Private Capital](/content/uk/en/explore-erp/private-credit/visual-accounting/index.html): Carta's new homepage is the operational command center for your funds, investments, legal entities, and LPs — a single live view to track portfolio performance, map firm-wide interdependencies, and act on fund administration workflows. (416 words)
- [House tax bill bolsters innovation ecosystem…in round one](/content/uk/en/policy/policy-weekly-05-16-25/index.html): Carried interest and QSBS preserved, R&D expensing improved
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- [Waterfall modeling | Building the ERP for Private Capital](/content/uk/en/explore-erp/private-equity/waterfall-modeling/index.html): Waterfall Modeling anchors your exit scenarios to the live cap table—set an equity value, run distribution rules against the real-time ledger, and see exactly where preferred return hurdles clear. (309 words)
- [Fund Tax | Building the ERP for Private Capital](/content/uk/en/explore-erp/private-equity/fund-tax/index.html): Fund Tax connects your fund financials, investor data, and tax documents so Carta's in-house tax team can prepare accurate K-1s, with a dashboard tracking every return's progress. (399 words)
- [KYC dashboard | Building the ERP for Private Capital](/content/uk/en/explore-erp/private-equity/kyc-dashboard/index.html): The KYC Dashboard centralizes investor due diligence—collecting LP IDs through secure requests, tracking every LP's verification status, and screening against OFAC and PEP watch lists. (350 words)
- [Capital calls | Building the ERP for Private Capital](/content/uk/en/explore-erp/private-credit/capital-calls/index.html): Manage Capital Calls end-to-end on a single platform that calculates contributions, issues LP notices, and tracks payments—with built-in checks that keep each capital call in line with your LPA. (336 words)
- [Compensation Matters Newsletter Signup | Carta](/content/sg/en/subscribe/comp-newsletter/index.html) (435 words)
- [Dissecting the Master-Feeder Fund Structure](/content/uk/en/learn/private-funds/structures/master-feeder/index.html): Learn about the master-feeder fund structure, including how it works, its strategic benefits for accommodating a global investor base, and the operational challenges you need to manage. (1,181 words)
- [Integrated expense management with Ramp | Building the ERP for Private Capital](/content/uk/en/explore-erp/private-equity/integrated-expense-management-with-ramp/index.html): Integrated expense management connects Ramp to Carta so expenses post to the right general ledger accounts in real time—categorized, with receipts, and audit-ready. (362 words)
- [Black-Scholes Model (BSM) & Understanding the Value of a Stock Option](/content/sg/en/learn/startups/equity-management/black-scholes-model/index.html): Learn how to use the Black-Scholes Model to value stock options in a private company, including the BSM formula, key assumptions, and limitations.
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- [Closings | Building the ERP for Private Capital](/content/uk/en/explore-erp/venture-capital/closings/index.html): Closings replaces offline subscription processes with a digital workflow—prefilling investor details, tax info, and KYC from Carta—so you can track every LP's status and countersign in bulk. (386 words)
- [State of Startup Compensation: H2 2025 | Carta](/content/sg/en/data/startup-compensation-h2-2025/index.html): AI is reshaping how founders build and compensate their teams. Smaller teams are proliferating. Since ChatGPT launched in November 2022, overall hiring has slowed, departures have fallen, and net headcount growth has flattened. (1,229 words)
- [The Carta liquidity report: 2022 in review | Carta](/content/data/liquidity-report-q4-2022/index.html): The private secondary market has evolved amid widespread economic uncertainty. (1,304 words)
- [ARR Calculator | Carta](/content/sg/en/learn/resources/arr-calculator/index.html): Calculate your company’s annual recurring revenue (ARR) with Carta’s free ARR Calculator. Forecast growth and estimate ARR, MRR, upgrades, and churn easily. (95 words)
- [Automated money movement | Building the ERP for Private Capital](/content/uk/en/explore-erp/private-equity/automated-money-movement/index.html): Automated Money Movement for Distributions streamlines your fund distribution process, eliminating redundant individual wire approvals while giving you and your investors real-time payment visibility. (387 words)
- [Look-through ownership and multi-entity waterfall | Building the ERP for Private Capital](/content/uk/en/explore-erp/private-equity/look-through-ownership-and-multi-entity-waterfall/index.html): Carta generates a visual map of multi-entity ownership and runs a waterfall for any equity value—breaking proceeds down from portfolio companies through to LPs and GPs. (270 words)
- [GP carry tracking | Building the ERP for Private Capital](/content/uk/en/explore-erp/private-equity/gp-carry-tracking/index.html): GP Carry Tracking links your fund and GP entity in one system of record, updating vested percentages automatically and calculating carry against fund performance so capital account statements stay accurate. (329 words)
- [Auditor portal | Building the ERP for Private Capital](/content/uk/en/explore-erp/private-equity/auditor-portal/index.html): The Auditor Portal gives your auditors direct, real-time access to the fund documents they need to complete an audit—organized by entity, year, and audit area. (389 words)
- [Portfolio valuations | Building the ERP for Private Capital](/content/uk/en/explore-erp/private-equity/portfolio-valuations/index.html): Portfolio Valuations connects your live cap table, market data, and methodology blending in one dashboard—finalize to update the SOI and post journal entries without leaving Carta. (449 words)
- [VC 101 - Learn | Carta Classroom](/content/sg/en/learn/vc-101/1/index.html): VC 101 is your guide through the complicated venture capital landscape, making the hard stuff feel easy, giving you a better understanding of VC, and a foundation to help you build your own fund. (1,288 words)
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- [In recent vintages, $1M-$10M VC funds tend to outperform $100M+ funds](/content/uk/en/data/vc-fund-size-performance-2024/index.html): Smaller funds offer the chance for greater upside and easier capital growth, though larger funds still offer scalability better suited for institutional investors. (1,340 words)
- [Visual accounting | Building the ERP for Private Capital](/content/uk/en/explore-erp/private-equity/visual-accounting/index.html): Carta's new homepage is the operational command center for your funds, investments, legal entities, and LPs — a single live view to track portfolio performance, map firm-wide interdependencies, and act on fund administration workflows. (442 words)
- [Data explorer | Building the ERP for Private Capital](/content/uk/en/explore-erp/venture-capital/data-explorer/index.html): Data Explorer unifies ownership and fund data into one environment—pre-built dashboards for deal IRR and fund metrics, custom queries, and an AI Copilot that answers questions. (449 words)
- [Venture fundraising slows for early-stage startups | Carta](/content/uk/en/data/venture-fundraising-early-stage-startups-2022/index.html): As the venture capital downturn deepens, Series A startups are waiting longer before they try to raise a Series B round. (776 words)
- [Management company administration | Building the ERP for Private Capital](/content/uk/en/explore-erp/private-equity/management-company-administration/index.html): Management Company Administration is your firm's command center—tracking cash position, paying vendors with native bill pay, clearing intercompany balances, and tracking spend against budget. (325 words)
- [Closings | Building the ERP for Private Capital](/content/uk/en/explore-erp/private-equity/closings/index.html): Closings replaces offline subscription processes with a digital workflow—prefilling investor details, tax info, and KYC from Carta—so you can track every LP's status and countersign in bulk. (386 words)
- [Management company administration | Building the ERP for Private Capital](/content/uk/en/explore-erp/venture-capital/management-company-administration/index.html): Management Company Administration is your firm's command center—tracking cash position, paying vendors with native bill pay, clearing intercompany balances, and tracking spend against budget. (325 words)
- [Why We Opened Carta Singapore | Carta](/content/sg/en/blog/carta-singapore/index.html): In January 2021, we opened the Carta Singapore office, our first commercial operations in Asia. Here's why we chose Singapore as a starting point. (1,436 words)
- [Fund Forecasting | Building the ERP for Private Capital](/content/uk/en/explore-erp/venture-capital/fund-forecasting/index.html): Fund Forecasting builds your fund model with a construction wizard and live cap table data—projecting pacing, deployment, and performance like DPI, TVPI, and net IRR against your actuals. (492 words)
- [LP portal | Building the ERP for Private Capital](/content/uk/en/explore-erp/private-equity/lp-portal/index.html): The LP Portal gives your limited partners one consolidated view of their commitments and holdings—including deal IRR, SOI, and transactions—plus a document hub for K-1s, capital call notices, and LPAs. (304 words)
- [For venture fund LPs, DPI is ‘the metric that rules them all’](/content/uk/en/data/vc-dpi-2024/index.html): Distributions to paid-in capital, which measures how much capital a fund has returned from exiting its investments, is a key metric for limited partners. (860 words)
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- [Auditor portal | Building the ERP for Private Capital](/content/uk/en/explore-erp/venture-capital/auditor-portal/index.html): The Auditor Portal gives your auditors direct, real-time access to the fund documents they need to complete an audit—organized by entity, year, and audit area. (386 words)
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- [Integrated expense management with Ramp | Building the ERP for Private Capital](/content/uk/en/explore-erp/venture-capital/integrated-expense-management-with-ramp/index.html): Integrated expense management connects Ramp to Carta so expenses post to the right general ledger accounts in real time—categorized, with receipts, and audit-ready. (365 words)
- [Waterfall modeling | Building the ERP for Private Capital](/content/uk/en/explore-erp/venture-capital/waterfall-modeling/index.html): Waterfall Modeling anchors your exit scenarios to the live cap table—set an equity value, run distribution rules against the real-time ledger, and see exactly where preferred return hurdles clear. (309 words)
- [How PE-Backed Companies Use Performance to Align Employee Incentives](/content/uk/en/data/pe-portco-employees-align-incentives-2024/index.html): Private equity investors outline the trends, dynamics, and data behind executive compensation at PE-backed portfolio companies, and discuss how incentives can be aligned among key stakeholders. (1,048 words)
- [Automated money movement | Building the ERP for Private Capital](/content/uk/en/explore-erp/venture-capital/automated-money-movement/index.html): Automated Money Movement for Distributions streamlines your fund distribution process, eliminating redundant individual wire approvals while giving you and your investors real-time payment visibility. (401 words)
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- [KYC dashboard | Building the ERP for Private Capital](/content/uk/en/explore-erp/venture-capital/kyc-dashboard/index.html): The KYC Dashboard centralizes investor due diligence—collecting LP IDs through secure requests, tracking every LP's verification status, and screening against OFAC and PEP watch lists. (350 words)
- [How to manage a sidecar investment vehicle](/content/uk/en/learn/private-funds/structures/sidecar-vehicle/index.html): Understand what a sidecar investment vehicle is, how to use one to pursue high-conviction deals, and what it takes to manage its lifecycle, economics, and compliance. (1,075 words)
- [New VC funds are relying more than ever on their anchor investors](/content/uk/en/data/vc-funds-anchor-investors-2024/index.html): This anchor check can provide a strong financial base for the rest of the fund, and a consequential investment from a key LP can send a strong signal to the rest of the market about a new fund’s viability.  (1,133 words)
- [Carta & Morgan Stanley at Work Announce Streamlined IPO Solution](/content/uk/en/product-updates/carta-morgan-stanley-private-public-collaboration/index.html): Morgan Stanley at Work to become Carta’s preferred U.S. public equity management platform, aligning world-class cap table management and IPO readiness with public equity compensation solutions and wealth management. 
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- [Portfolio valuations | Building the ERP for Private Capital](/content/uk/en/explore-erp/venture-capital/portfolio-valuations/index.html): Portfolio Valuations connects your live cap table, market data, and methodology blending in one dashboard—finalize to update the SOI and post journal entries without leaving Carta. (446 words)
- [Solo Founders Report 2025](/content/uk/en/data/solo-founders-report/index.html): Carta partnered with Solo Founders to provide a comprehensive understanding of the state of solo founders in 2025, based on data from tens of thousands of U.S. companies plus qualitative interviews with founders.
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- [Visual accounting | Building the ERP for Private Capital](/content/uk/en/explore-erp/venture-capital/index.html): Carta's new homepage is the operational command center for your funds, investments, legal entities, and LPs — a single live view to track portfolio performance, map firm-wide interdependencies, and act on fund administration workflows. (416 words)
- [Visual accounting | Building the ERP for Private Capital](/content/uk/en/explore-erp/venture-capital/visual-accounting/index.html): Carta's new homepage is the operational command center for your funds, investments, legal entities, and LPs — a single live view to track portfolio performance, map firm-wide interdependencies, and act on fund administration workflows. (410 words)
- [Drafting securities: Glossary of supported fields | support.carta.com](/content/support/kb/guide/en/drafting-securities-glossary-of-supported-fields-ixg7uehqqj/steps/3761180/index.html): Click on the security type you'd like to issue for a list of Carta's supported data fields.  (781 words)
- [The Australian Startup Outlook 2026 | Free Data Report](/content/sg/en/data/australian-startup-outlook-2026/index.html): A survey of 500 senior decision-makers at Australian startups reveals that 96% of founders remain committed to an IPO, eyeing dual listings and international exchanges as they prioritize governance and long-term optionality over immediate liquidity. (487 words)
- [LP portal | Building the ERP for Private Capital](/content/uk/en/explore-erp/venture-capital/lp-portal/index.html): The LP Portal gives your limited partners one consolidated view of their commitments and holdings—including deal IRR, SOI, and transactions—plus a document hub for K-1s, capital call notices, and LPAs. (295 words)
- [Solo Founders Report 2025](/content/sg/en/data/solo-founders-report/index.html): Carta partnered with Solo Founders to provide a comprehensive understanding of the state of solo founders in 2025, based on data from tens of thousands of U.S. companies plus qualitative interviews with founders.
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- [The Debt-to-Equity Ratio: Definition & Calculation](/content/uk/en/learn/startups/fundraising/debt-financing/debt-equity-ratio/index.html): Debt-to-equity ratio measures a company’s debt relative to shareholders’ equity, showing financial risk and capital structure at a glance. (1,995 words)
- [Fund Tax | Building the ERP for Private Capital](/content/uk/en/explore-erp/venture-capital/fund-tax/index.html): Fund Tax connects your fund financials, investor data, and tax documents so Carta's in-house tax team can prepare accurate K-1s, with a dashboard tracking every return's progress. (419 words)
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- [How to edit employee details in Total Compensation | support.carta.com](/content/support/kb/guide/en/how-to-edit-employee-details-in-total-compensation-uef8bepur1/steps/3725305/index.html): How to edit employee details in Total Compensation Carta Total Compensation will automatically pull stakeholder data in from a connected HRIS provider to provide a stakeholder’s job title, tenure, salary, and level. Additionally, Total Comp users with Full access or necessary Area Lead permissions can manually update employee information to reflect any changes as necessary. . To edit employee details, navigate to the Reports page. (225 words)
- [Visual accounting | Building the ERP for Private Capital](/content/uk/en/explore-erp/private-equity/index.html): Carta's new homepage is the operational command center for your funds, investments, legal entities, and LPs — a single live view to track portfolio performance, map firm-wide interdependencies, and act on fund administration workflows. (416 words)
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- [How Distributions to Paid-In (DPI) Works in Private Equity & VC](/content/uk/en/learn/private-funds/management/fund-performance/dpi/index.html): DPI is one of the metrics that private funds use to evaluate a fund’s investment performance and communicate it to the fund’s investors. (756 words)
- [Streamlined capital calls | Carta](/content/uk/en/product-updates/streamlined-capital-calls-and-more-improvements-to-cartas-investor-services.html): Updates to Carta’s capital calls tool give GPs more precise and efficient ways to call capital. (559 words)
- [Recommended by Lawyers, Approved by CFOs: Why Carta Is More than Just a Valuations Provider for Longbottom & Co.](/content/uk/en/customer-stories/longbottom-co/index.html): UK startup Longbottom & Co. is on a mission to “become the tomato juice brand the world needs”. Despite its commitment to sourcing fresh, simple ingredients for its products, the company’s funding history is far from straightforward. (660 words)
- [How Valor VC Uses Carta APIs to Streamline Portfolio Reporting and Audits](/content/uk/en/customer-stories/valor-vc/index.html): Seed-stage firm Valor Ventures has used Carta for its fund administration since its first fund, which launched in 2017. The Atlanta-based firm largely focuses on SaaS investing, leading seed rounds in B2B software companies in the South. (713 words)
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- [State of Startup Compensation: H2 2024 ](/content/sg/en/data/startup-compensation-h2-2024/index.html): More than 30 new charts and accompanying analysis illuminate the key trends for startups, founders, and employees, including salary and equity data by job function, job level, industry, and more. (1,002 words)
- [Multiple on Invested Capital (MOIC): How to Calculate MOIC](/content/uk/en/learn/private-funds/management/fund-performance/moic/index.html): Learn how to calculate multiple on invested capital (MOIC) as well as what differentiates it from other key fund performance metrics. (798 words)
- [Carta Offer Letter | support.carta.com](/content/support/kb/en/carta-offer-letter-431549/index.html): How to create and send offer letters, How to configure offer letter settings, What will candidates see when I send an offer letter?, How to get started with Carta Offer Letter (196 words)
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- [How to test changes in Carta using sandbox | support.carta.com](/content/support/kb/guide/en/how-to-test-changes-in-carta-using-sandbox-jh4geizmva/steps/4266997/index.html): How to test changes in Carta using sandboxA sandbox is a separate version of your Carta account that lets you test changes without impacting your live data.⚠️  Do not open your sandbox and live Carta accounts at the same time. To avoid accidentally making changes to live data, use only one environment at a time.Carta offers two standard sandbox environments—daily and weekly—so you can test, model transactions, and explore workflows safely before making updates in your actual account. (285 words)
- [State of startup compensation, H2 2023](/content/sg/en/data/startup-compensation-h2-2023/index.html): Headcount contracted across the startup ecosystem as companies continue to adjust compensation strategies in response to economic headwinds. (3,350 words)
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- [Life at Carta: A Team of Unconventional Builders | Carta](/content/uk/en/careers/life-at-carta/index.html): Carta is a place for those who love seeking out and solving interesting problems to take ownership in what they’re creating, together. Learn More (544 words)
- [Making Audits Easy: How to Streamline Your Fund’s Audit ](/content/sg/en/events/making-audits-easy/index.html): How is your 2026 audit going? How can you make this your most seamless season yet?, Host the world live on your website. (335 words)
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- [uk/en/lp/first-time-audit-checklist/index.html](/content/uk/en/lp/first-time-audit-checklist/index.html) (141 words)
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- [Will falling interest rates spark another VC boom?](/content/uk/en/data/fed-rate-cut-vc-funding-2025/index.html): While today’s picture may mirror what happened when the Fed dropped rates four years ago, there are also several significant ways in which the current environment differs for VCs.  (1,354 words)
- [Issuing Options: 5 Common Mistakes To Avoid | Carta](/content/blog/issuing-options-mistakes/index.html): Issuing options is a complex and delicate process. Avoid these five common mistakes to make sure you're doing it right. (988 words)
- [Capital Call Lines | Free Resources](/content/uk/en/learn/resources/capital-call-lines-resources/index.html): Learn about Carta's capital call lines of credit with these free resources—including our fixed pricing philosophy and a sample term sheet. (125 words)
- [Tax-ready playbook for emerging VC funds | Carta](/content/uk/en/learn/resources/vc-fund-tax-playbook/index.html): Download our free emerging VC fund tax playbook. Get expert tips on fund taxes, audits, QSBS benefits, K-1 reporting, and staying compliant for a successful first tax season. (113 words)
- [Tax Preparation Product-Specific Terms | Legal Hub](/content/uk/en/legal/terms-agreements/tax-preparation-product-specific-terms/index.html): These Carta Tax Preparation Product Specific Terms are incorporated by reference into the Engagement Letter (the “Agreement”), and forms part of the Agreement between Customer and Carta. (4,452 words)
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- [2024 Venture Capital Review: Insights and Implications for the Coming Year](/content/sg/en/events/2024-pm-review/index.html): Harlem Capital's Nicole DeTommaso and Carta's Ashley Neville reflect on 2024 startup fundraising, valuations, and dilution trends from seed through Series F., Host the world live on your website. (251 words)
- [How to manage the employee scorecard | support.carta.com](/content/support/kb/guide/en/how-to-manage-the-employee-scorecard-t7pwdpcaon/steps/3725018/index.html): How to manage the employee scorecard Carta Total Compensation's Employee Scorecard offers a comprehensive view of an employee's compensation, comparing it to market standards while aligning with the company's compensation philosophy and established paybands. (637 words)
- [Shaping the Future of Venture Capital: Women in VC](/content/sg/en/events/women-in-vc/index.html): VamosVentures' Ashley Ryder, Global Ventures' Medea Nocentini, and Carta's Megan Greer share career lessons and views on the future of venture capital., Host the world live on your website. (304 words)
- [What’s New, What’s Next: Carta Fund Admin in Q1 (2025)](/content/sg/en/events/fund-admin-25q1/index.html): Carta product managers recap Q1 fund admin releases, including a document repository, Ramp integration, and tax improvements, plus a Q2 roadmap preview., Host the world live on your website. (336 words)
- [Shaping the Future of Venture Capital: Women in VC (Replay)](/content/sg/en/events/women-in-vc-replay/index.html): Women in VC from VamosVentures, Global Ventures, and Carta share their career journeys, lessons learned, and perspectives on the VC industry's future., Host the world live on your website. (299 words)
- [How Carta Helps Harlem Capital Invest in Diversity](/content/customer-stories/harlem-capital/index.html): Founded in 2015 by Jarrid Tingle and Henri Pierre-Jacques, Harlem Capital is one of the largest diversity-focused VC firms. They closed their $40 million Venture Fund I with TPG as their anchor. (266 words)
- [Policy Outlook 2025: Implications for the Private Capital Ecosystem](/content/sg/en/events/policy-outlook-2025/index.html): TechNet's Carl Holshouser and Carta's Policy Team discuss the new administration's 2025 policy agenda and its impact on venture capital and startups., Host the world live on your website. (356 words)
- [Insights from Carta's 2024 State of Compensation Report](/content/sg/en/events/state-of-compensation-2025/index.html): Carta's FY 2024 State of Compensation Report reveals trends in hiring, company composition, geographic pay differences, and executive compensation., Host the world live on your website. (119 words)
- [Best Practices: Planning for a Successful Year End](/content/sg/en/events/uk-year-end-planning/index.html): Carta, BDO, RSM, and Future Business Partnership share internal prep strategies for a smooth, stress-free year-end audit and tax season for funds., Host the world live on your website. (324 words)
- [Golden Parachute: Pros, Cons, & Uses for Executive Compensation](/content/uk/en/learn/startups/compensation/golden-parachute/index.html): A golden parachute is a type of compensation for high-ranking execs who depart after a merger or acquisition. Learn the benefits and risks of golden parachutes. (846 words)
- [Founder’s Journey 101: Laying the Groundwork](/content/sg/en/events/founders-journey-101-groundwork/index.html): Founders Joe Carney and Robert Wolfe cover early-stage decisions from pre-seed to Series A, including product-market fit, fundraising, and investor relations., Host the world live on your website. (306 words)
- [IPO Preparation Guide | Carta](/content/uk/en/learn/resources/ipo-preparation-guide/index.html): Download Carta’s free IPO Preparation Guide to navigate financial audits, SEC filings, and investor roadshows. Get checklists and tips to prepare for your company’s public debut. (155 words)
- [Singapore The Global Hub: 2025 Regulatory and Tax Changes for Fund Managers](/content/sg/en/events/singapore-2025-regulatory-tax/index.html): Tax, audit, and legal experts break down Singapore's 2025 regulatory and tax changes for fund managers, and how to navigate compliance risks., Host the world live on your website. (291 words)
- [VC Masterclass: Building an Investment Track Record](/content/sg/en/events/vc-masterclass-track-record/index.html): Carta's Megan Greer and SemperVirens' Allison Baum Gates discuss how fund managers build a track record to win over LPs, in this VC Masterclass session., Host the world live on your website. (220 words)
- [The Rise of ESOPs in the UAE: A Shift from Cash to Equity](/content/blog/rise-of-esops-uae/index.html): Learn how market trends and legislative changes are transforming employee compensation in the United Arab Emirates, encouraging startups to swap cash incentives for equity-based rewards. (687 words)
- [Why contractors deserve equity | Carta](/content/policy/contractors-deserve-equity/index.html): As gig workers take on more and more of our economy’s essential services, from grocery and food delivery to transportation, it’s vital that we make it possible to extend equity to contractors. (901 words)
- [How StellarFi Leverages the Carta Platform for Cap Table, Compensation, and Equity Advisory](/content/uk/en/customer-stories/stellarfi/index.html): StellarFi is a public benefit corporation helping Americans build their credit scores. About 150 million Americans have poor or no credit, and it can be difficult to dig oneself out of bad credit. (718 words)
- [support/s/article/issue-rsus/index.html](/content/support/s/article/issue-rsus/index.html) (150 words)
- [uk/en/blog/introducing-carta-founder-studio/index.html](/content/uk/en/blog/introducing-carta-founder-studio/index.html) (885 words)
- [How Curve Biosciences Accelerated its Series A Close with Carta Deal Closings](/content/uk/en/customer-stories/curve-biosciences/index.html): Curve Biosciences raised its Series A in a tough fundraising climate, with the help of a Carta workflow tool that eases the process for founders. (762 words)
- [How Starport Capital Powers Portfolio Construction with Strategic Data from Fund Forecasting](/content/uk/en/customer-stories/starport-capital/index.html): Starport Capital, a Palo Alto, California-based venture capital firm founded in 2011, specializes in secondary investments, buying shares from private employees to provide investors with unique access to rising companies.  (894 words)
- [Tax Season Recap & What’s Next for Startup Taxes](/content/sg/en/events/2025-tax-season/index.html): Carta's tax experts recap the 2025 tax season, covering common startup mistakes, upcoming policy changes, and how QSBS supports founder tax savings., Host the world live on your website. (316 words)
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- [VC Fund Performance in 2024](/content/sg/en/events/fund-performance-in-2024/index.html): Carta's Peter Walker, Homebrew's Hunter Walk, and Screendoor's Jamie Rhode discuss 2024 VC fund performance data, including IRR, TVPI, and DPI trends., Host the world live on your website. (240 words)
- [How to Complete KYC as an LP | support.carta.com](/content/support/kb/guide/en/how-to-complete-kyc-as-an-lp-acjoy6aoze/steps/3964076/index.html): Your fund investment may require that you complete a KYC check. If your fund investment uses Carta for KYC checks you will receive an email similar to the below: Click Complete verification (152 words)
- [Diversity | Carta](/content/uk/en/careers/diversity/index.html):    (236 words)
- [Cookie Usage | Legal Hub](/content/uk/en/legal/privacy/cookie-usage/index.html): Review cookies in use on our website. (1,190 words)
- [Getting started | support.carta.com](/content/support/kb/en/getting-started-424080/index.html): Onboarding, How to use the Health Checks dashboard, How to navigate your company account, Guide for company account admins, How do I fulfill a confirmation request from an auditor?, What does Carta's SEC transfer agent status entail?, What will I find under the different menu sections in my company Carta account?, Customer journey guide: Carta company account basics, How to test changes in Carta using sandbox, How to level up your knowledge with Carta Learning, Navigating your upgrade from Carta Europe to Carta (111 words)
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- [How a pro forma cap table can help you secure your next round](/content/uk/en/learn/startups/fundraising/pro-forma-cap-table/index.html): Learn about pro forma cap tables, why you need one for fundraising, and how to use it to model dilution and make better decisions for your company. (1,056 words)
- [What is Scenario Modeling? | Carta](/content/uk/en/blog/scenario-modeling/index.html): Private companies today have more financing and liquidity options than ever. With the option to stay private longer or go public on a growing number of exchanges, it can be hard for companies and their investors to figure out which exit or funding scenario is best for them. So, we built scenario modeling tools on Carta that show you the impact of future financing rounds or possible exits in seconds. (784 words)
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- [Carta Enters LP Portfolio Analytics through Acquisition of Accelex](/content/uk/en/blog/accelex-acquisition/index.html): LPs are the heartbeat of the innovation economy. The latest addition to the Carta product suite marks our first product specifically built for institutional capital allocators to manage their alternative asset data and portfolios.
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- [PE Executive Equity: Data-Backed Insights](/content/sg/en/events/pe-executive-equity-2025/index.html): Carta's Insights team shares findings on executive equity compensation at PE-backed portfolio companies, covering grants, vesting, and performance conditions., Host the world live on your website. (213 words)
- [Your General Ledger Cash Flow Data, Integrated with Fund Forecasting](/content/uk/en/product-updates/gl-data-fund-forecasting-integration/index.html): Carta Fund Forecasting is making it even easier for fund managers to track performance and keep models up-to-date with the integration of fund general ledger data.  (265 words)
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- [Exercises & transactions | support.carta.com](/content/support/kb/en/exercises-transactions-426263/index.html): Exercises, How to reflect an option grant repricing, How to reflect a stock split, How to repurchase shares and select transaction reasons, How to cancel securities, How to transfer securities, How to settle RSUs, How to partially cancel an option grant (142 words)
- [Getting set up | support.carta.com](/content/support/kb/en/getting-set-up-431550/index.html): How to manage admin permissions and roles in Total Compensation, How to set up your company's compensation plan, How to get started with Total Compensation, How to finish setting up Total Compensation, How to set your company's target market position (54 words)
- [List of supported countries and currencies in Total Compensation | support.carta.com](/content/support/kb/guide/en/list-of-supported-countries-and-currencies-in-total-compensation-hd4axjxt9u/steps/3724514/index.html): List of supported countries and currencies in Total CompensationCarta Total Compensation supports hiring and managing employees living anywhere. (520 words)
- [Scenario modeling for startup investments | Carta](/content/uk/en/product-updates/fundraising-scenario-modeling-tools/index.html): Use Carta’s scenario modeling tools to understand how a potential financing round and valuation will impact your cap table. (351 words)
- [Understanding the data monitor | support.carta.com](/content/support/kb/guide/en/understanding-the-data-monitor-bmj7skoiua/steps/4916570/index.html): Understanding the data monitorThe monitor is designed to give you a high-level understanding of the completeness of your data, but also the ability to drill down to investigate individual metrics.The Investors define which entities and events in your investments network are needed to construct the monitor. So if you select 1 investor that’s invested into 10 funds that are each invested into 10 companies, these 10 commitment events, 10 funds, 100 investment events and 100 companies are going to be skeleton against which metrics are generated The Report periods simply define which quarters you want to cover in your data monitor. When filing in metrics we will be checking against the metric date rather than the report date The metric filters define which metrics are required as part of your data monitor. You are able to select multiple filters from each document type. Today we only look at selected metrics and periods when defining metric requirements for a monitor. We also don’t currently include any cashflow data We then combine these selection to generate your metric requirements to ‘complete’ a data monitor ‍Helpful hintsTo have better control over the different metric groups and period types we recommend creating a different filter for each metric group. For example, in performance reports you would have different filters for fund metrics, investment metric and asset performance metrics. You would simply then select all three filters to include all those metrics groups in a single monitor.ExampleAssume we select the following parameters for a monitor:1 investor with commitments to 10 funds each with 10 investments linked to 99 companies (i.e. 2 of the funds have one mutual asset)4 filtersCapital account statement filterMetrics = Account balance, Capital contributions, Capital distributionsPeriods = InceptionFund metrics filter (performance report)Metrics = NAV, TVPI, IRRPeriods = InceptionInvestment metrics filter (performance report)Metrics = Residual value, Remaining capital invested, Total distributionsPeriods = InceptionAsset performance metrics (performance report)Metrics = EBITDA, Revenue, Net debtPeriods = LTM, YTD1 report periodThis would produce the following metric requirementsCommitment metrics = 10 commitments x 3 metrics x 1 period x 1 report period = 30 metricsFund metrics = 10 funds x 3 metrics x 1 period x 1 report period = 30 metricsInvestment metrics = 100 investments x 3 metrics x 1 period x 1 report period = 300 metricsAsset metrics = 99 assets x 3 metrics x 2 periods x 1 report period = 495 metricsTotal metrics = 855 metrics ‍ In the case of the asset metrics calculation, Net debt does not require a metric period and therefore we don’t multiply that particular metric by the selected periods resulting in 495 metrics required instead 594 ‍Fund of fundsThis logic is slightly different if you have a commitment into a fund of funds that you want to include in your data monitor. In this case we will continue to display all commitment events, all investment events (including the investment events between two funds as well as any additional investment events between an underlying fund and it’s underlying assets) and all assets of type Company, Infrastructure, Real estate or Project. The main difference comes in the fund metric section where we will only display funds associated with a commitment event based on the investors you have selected.An exampleAs an example, think about an investor invested in a fund of funds that invested into a single fund that is invested into 10 assets. In total this will produce the following in the data monitor:1 Commitment1 Fund11 Investments10 assets‍Viewing your monitorWhen you access a monitor you will land on the Overview tab. Here you will be presented with the Summary banner, which will be visible regardless of the tab that you navigate to, and the monitor completeness grid. ‍Metric statusesBefore we continue with the core functionality of the monitor it is important to define each metric status and distinguish these from the validation workflow. Each metric falls into one of three different categories:Validated: This is a metric that has either been extracted from a document and validated by a user or that has been uploaded to the Accelex platform via CSVUnconfirmed: This is a metric that we have found in a document that hasn’t yet been validated by a userMissing: This is a metric that we have been unable to locate anywhere in the database be it from a document, the reference data or a CSV import‍Summary bannerThe summary banner allows you to see the entities that make up your monitor, your requirements in terms of total metrics, the breakdown of the statuses of all of those metrics and how close you are to completing the monitor itself. % completion is calculated by diving the total number of validated metric by the total number of required metrics ‍Monitor completeness gridThe monitor completeness grid allows you to view progress broken down by Fund and Metric group. These are further broken down by the same statuses and % completion calculation as in the summary banner but includes an additional category name To process. This is calculated as Required - Validated but can also be calculated by summing Unconfirmed + Missing. % completion is also calculated at the metric group level and the fund level ‍Metric gridMetrics are split up into 4 tabs, Commitment, Fund, Investment and Asset. Each tab displays the full set of metrics associated with the relevant metric group (up to a maximum of 10,000 per grid, anymore than this then filters must be applied). ‍Monitor filters The filter tray allows users to filter all grids in the monitors. Today this can be done using:InvestorFundReport period‍ ‍Exploring your data – Viewing metric details Click on a metric in the grid to view its details, such as main attributes, validation status and source document; (986 words)
- [Carta announces Loan Operations for private credit funds with Sirvatus acquisition](/content/uk/en/blog/sirvatus-acquisition/index.html): By owning the loan operations and connecting that data directly to our fund accounting workflows, we can deliver a far superior experience for an asset class that has largely been ignored by software providers. 
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- [Automated, investor-ready tear sheets](/content/uk/en/product-updates/tear-sheet-builder/index.html): Build, preview, and export portfolio company tearsheets with a few clicks, reducing the production timeline from days or hours to just minutes.,  (291 words)
- [wp-content/uploads/2023/03/sample-due-diligence-request-list-pdf.html](/content/wp-content/uploads/2023/03/sample-due-diligence-request-list-pdf.html) (4,019 words)
- [Reports | support.carta.com](/content/support/kb/en/reports-426316/index.html): Reports by name, How to export company reports, Glossary of Terms for Carta Equity Reports, How to use the Carta Reporting skill (165 words)
- [Startups are renewing their embrace of tender offers in 2024](/content/uk/en/data/tender-offers-q3-2024/index.html): The number of new tender offers administered by Carta has now increased in five of the past six quarters. That includes Q3, which saw 26 new tender offers—the highest quarterly total since the boom times of 2022.  (1,349 words)
- [Free Internal Rate of Return (IRR) Calculator | Carta](/content/uk/en/learn/resources/irr-calculator/index.html): Download Carta’s free IRR calculator to benchmark your fund’s performance. Easily calculate internal rate of return for portfolio companies and track annualized returns. (114 words)
- [Streamline the audit confirmation process](/content/uk/en/product-updates/audit-confirmation-tool/index.html): Our latest update lets your fund, auditors, and portfolio companies seamlessly manage investment confirmations and valuation questions.,  (343 words)
- [Streamline Carry Distribution with Automated Calculations](/content/uk/en/product-updates/automated-carry-allocations/index.html): Automated carry solution that eliminates spreadsheet errors and GP inquiries.,  (282 words)
- [Keep all your fund documents organized and searchable—in one place](/content/uk/en/product-updates/introducing-documents-tab/index.html): Carta’s new Documents tab centralizes, organizes, and streamlines fund document management with smart search, filters, previews, and AI-powered data extraction. (224 words)
- [Series B Pitch Deck Template | Carta](/content/uk/en/learn/resources/series-b-pitch-deck-template/index.html): Download Carta’s free Series B pitch deck template. Get expert tips and examples to help you craft a compelling investor pitch and raise your next round with confidence. (174 words)
- [Carta](/content/uk/en/equity-management/cap-table/safes/calculator/index.html): Carta's platform of software and services helps people manage equity, build businesses, and invest in the companies of tomorrow. Learn more. (48 words)
- [Carta Total Rewards | support.carta.com](/content/support/kb/en/carta-total-rewards-431547/index.html): How to get started with Total Rewards, How to set up benefits in Total Rewards (107 words)
- [Supplier Information Security Standards | Legal Hub](/content/uk/en/legal/supplier-information/supplier-security-requirements/index.html): These Supplier Information Security Standards (the “Standards”) list the minimum security controls that Carta’s Suppliers are required to adopt when (a) accessing Carta facilities, networks, and/or information systems, (b) handling Carta confidential information, and/or processing Carta data on Supplier’s systems, or (c) having custody of Carta hardware assets. (3,395 words)
- [How to view and manage reports in Total Compensation | support.carta.com](/content/support/kb/guide/en/how-to-view-and-manage-reports-in-total-compensation-6xvzimgqx2/steps/3724570/index.html): How do I manage reports in Total Compensation?Carta Total Compensation offers downloadable reports designed to help company admins make data-driven compensation decisions, such as: How much to pay employees to retain them, but not overpayWhen to give employees equity refreshes, and for how muchForecasting the runway for your equity pool based on your hiring plan, and providing informed projections  .Select an option below to learn more. (84 words)
- [SFTP for efficient data transfer | support.carta.com](/content/support/kb/guide/en/sftp-for-efficient-data-transfer-dany3xnx8k/steps/4916567/index.html): SFTP for efficient data transferSetting up a Secure File Transfer Protocol (SFTP) can facilitate the flow of data between the Carta LP Portfolio Analytics and your own systems. With SFTP, you can drive efficiency by automating the transfer of documents and reference data into the platform and ingest data outputs from extracted documents.Why use SFTP?SFTP offers multiple advantages including:Secure transfer of documents to and from Carta LP Portfolio AnalyticsSynchronise your reference data (entities, events) between Carta LP Portfolio Analytics and your internal systemsAutomate the transfer of data from your documents post extraction on our platformSetupIf you are a new user, the first step to setting up SFTP is to generate an SSH public-private key. Once this has been generated, please transfer your public key to Carta LP Portfolio Analytics. Once this key has been configured on the Carta LP Portfolio Analytics SFTP server (2-3 working days), we will notify you and provide all the details needed for you to establish a connection to our server. Once you log in, you will be directed to your SFTP root directory, which will be named after your tenant. (e.g. ExampleTenantuser).Uploading dataDocumentsTo transfer documents to the document inbox, please upload them to ExampleTenantuser/inbox/upload/documents. To transfer documents to the document feed, please upload them to ExampleTenantuser/inbox/upload/source_documents.Reference dataTo transfer reference data to Carta LP Portfolio Analytics, please upload it to ExampleTenantuser/inbox/upload/reference_data. The format should be the same as the one used in the UI (.csv template).ExceptionsIf the file upload is successful, your file will be moved to the /archives subfolder. If there was an exception, we will upload it to the /exceptions subfolder.Automated outputExtraction of a document within Carta LP Portfolio Analytics can trigger the transfer of data from that document to outbox/download/metrics. This data can be consumed in a 'standard' .xlsx or .json format. Alternatively, any custom outputs configured in Carta LP Portfolio Analytics can also be transferred to this location. (333 words)
- [Term Sheet Template | Free Sample for Startups](/content/uk/en/learn/resources/term-sheet-template/index.html): To help startups secure investment on a fair foundation, Carta and Gunderson Dettmer have created a best-practice term sheet example. Download the term sheet template and prepare for your next fundraise with confidence. (112 words)
- [Plans & Pricing for Venture Capital](/content/uk/en/plans/fund-management/venture-capital/index.html): Explore our fund management plans and pricing for venture capital. (1,383 words)
- [app/launch/create-account/20/index.html](/content/app/launch/create-account/20/index.html) (101 words)
- [How does Carta Total Comp secure my data? | support.carta.com](/content/support/kb/guide/en/how-does-carta-total-comp-secure-my-data-cduesw3xyg/steps/3725001/index.html): Select an option below to learn more about Total Compensation's privacy and security measures. (54 words)
- [ESG emissions for exposure analysis | support.carta.com](/content/support/kb/guide/en/esg-emissions-for-exposure-analysis-4eks1ld734/steps/4916531/index.html): ESG emissions for exposure analysis Accelex currently supports integration and analysis of EDCI Scope 1 and 2 emissions data.What you can explore with ESG dataMaking ESG data part of your portfolio and fund exposure analysis in Accelex enables you to:Understand your portfolio’s total ownership of scoped emissionsUnderstand emissions for underlying assets: E.g. visualize which companies or sectors are driving your carbon footprintBreakdown and investigate by dimensions like GICS, region, strategy, vintage year and more‍Identify funds by portfolio-weighted tonnes of CO2 invested Use Accelex ESG insights to report to your own clients‍How to get startedWe support the latest EDCI (ESG Data Convergence Initiative) standard for Scope 1 and Scope 2 emissions. ESG data should be imported via your SFTP connection. (127 words)
- [State of Private Markets: Q2 2023 | Carta](/content/sg/en/data/state-of-private-markets-q2-2023/index.html): The venture economy stabilized somewhat in Q2. (2,814 words)
- [How AI is changing the compensation game for VC-backed startups](/content/uk/en/data/ai-shifts-in-compensation/index.html): The startup compensation market is bifurcating between companies that are AI-native and those that aren’t. For both groups, however, AI is changing the way executives think about how many people they need to hire, who they need to hire, and how those hires should be compensated. (1,185 words)
- [How to manage benchmarks in Total Compensation | support.carta.com](/content/support/kb/guide/en/how-to-manage-benchmarks-in-total-compensation-fhl7kvqbd5/steps/3822155/index.html): How to manage benchmarks in Total CompensationCarta Total Compensation provides the world’s largest equity dataset and powerful HR integrations to help companies make informed compensation decisions.  To learn more, click on a topic below. (101 words)
- [How to manage peer groups in Total Compensation | support.carta.com](/content/support/kb/guide/en/how-to-manage-peer-groups-in-total-compensation-putd87gmox/steps/3724882/index.html): How do I manage peer groups?Carta Total Compensation offers access to salary and equity Benchmarks based on selected company peer groups, in order to ensure companies receive benchmarks from peers with comparable valuations. (47 words)
- [How to update post-termination exercise periods on grants | support.carta.com](/content/support/kb/guide/en/how-to-update-post-termination-exercise-periods-on-grants-cpucygb8gj/steps/3776008-3776081-3725188/index.html): What is a PTEP? A post-termination exercise period (PTEP) refers to the amount of time an optionholder has after termination to exercise their options. Many companies have a post-termination exercise period of 3 months, due to the IRS rules regarding how long an ISO maintains its status post-termination, but there’s no standard rule for how long a PTEP can be.Modifying the post-termination exercise period can have tax and accounting consequences and may need board approval. Consult your legal team before making any changes..Do you need to update the PTEP for an individual grant, or for multiple grants? (310 words)
- [FAQ: How Carta can help with your M&A](/content/uk/en/product-updates/mergers-acquisitions-faq/index.html): At every step of the way, Carta can provide resources and tools to make your M&A less stressful. Here are answers to questions you might have about the process. (1,939 words)
- [List of job areas and specializations in Total Compensation | support.carta.com](/content/support/kb/guide/en/list-of-job-areas-and-specializations-in-total-compensation-5pvtksuxgo/steps/3813029/index.html): List of job areas and specializations in Total CompensationIn Carta Total Compensation, an employee can be assigned one of many unique job areas, and specializations based on the employee’s role and work within the organization. Select a job area below for more info, including any specializations within each.  (49 words)
- [support/kb/en/exporting-data-505892/index.html](/content/support/kb/en/exporting-data-505892/index.html) (35 words)
- [How to use paybands in Total Compensation | support.carta.com](/content/support/kb/guide/en/how-to-use-paybands-in-total-compensation-e7k38kvk56/steps/4133198/index.html): How to use paybands in Total CompensationWhat are paybands?Paybands empower customers to:Define their own salary and equity rangesAssess how employee compensation aligns with these rangesCompare paybands against market data to evaluate the competitiveness of their compensation practices (52 words)
- [How to repurchase restricted stock awards (RSAs) | support.carta.com](/content/support/kb/guide/en/how-to-repurchase-restricted-stock-awards-rsas-jbcifjndbo/steps/3724902/index.html): How to repurchase restricted stock awards (RSAs)If required, first terminate the holder by navigating to Essentials &gt; Manage stakeholders. Follow these steps for detailed instructions. While terminating a stakeholder stops vesting on their securities, it doesn’t automatically return unvested RSAs to the pool. After consulting with your legal counsel to confirm a repurchase agreement has been executed, a Full access company account user with can follow these steps to repurchase the unvested shares from the terminated employee.  (108 words)
- [Return of Allotment of Shares | SH01 form](/content/uk/en/learn/startups/uk-company-registers-filings/sh01/index.html): UK companies must file an SH01 with Companies House within 30 days of allocating new shares. Learn how to complete and file an SH01 form, and how Carta simplifies the process. (1,027 words)
- [Transfer Agent Terms and Conditions | Legal Hub](/content/uk/en/legal/terms-agreements/transfer-agent-terms-and-conditions/index.html): These Transfer Agent Terms and Conditions (these “Transfer Agent Terms”) govern the transfer agent services under the Master Subscription Agreement (the “Agreement”) between Carta and the Customer.  Defined terms not otherwise defined in these Transfer Agent Terms shall have the meanings assigned to them in the Agreement. (2,263 words)
- [Editing in bulk | support.carta.com](/content/support/kb/guide/en/editing-in-bulk-ami7d5k1dj/steps/4916546/index.html): Editing in bulkThere are two ways to edit multiple fields at once. Select a cell, then drag the small corner handle to copy a value to as many cells above or below as you want.– or –Highlight multiple metrics simultaneously and either copy (Ctrl+C) and paste (Ctrl+V) values into cells, or use the context menu to apply multipliers to them all. The context menu appears on right-click. (70 words)
- [How to view your subscription details | support.carta.com](/content/support/kb/guide/en/how-to-view-your-subscription-details-x7abpx4kua/steps/3724476/index.html): How to view your subscription detailsYou can easily access and review your company’s Carta subscription information (including your contract, billing contacts, renewal cycles, invoices, estimated charges, and plan features) all from your Carta account.To get started:Go to Company settings in the bottom-left navigationClick the Subscription details tab (327 words)
- [Subscription Payment Terms of Service | Legal Hub](/content/uk/en/legal/terms-agreements/subscription-payment-terms-of-service/index.html): These terms and conditions (the “Payment Terms”) between you and eShares, Inc. DBA Carta, Inc., and our current or future affiliates (“Carta,” or “we” or “us”) apply to any payment you make to us using a bank account, credit card, or debit card for subscription (“Subscription”) to the services we offer and one-time purchases (collectively referred to as “Service(s)”). (2,733 words)
- [Fund Forecasting | support.carta.com](/content/support/kb/en/fund-forecasting-471477/index.html): Fund Forecasting support documents, How to activate your Carta Fund Forecasting account, How to use Carta Fund Forecasting's Investments Integration, How to use the Carta financials and Fund Forecasting FA integration with Carta, How to use the Carta financials and Fund Forecasting integration (83 words)
- [Managing synonyms | support.carta.com](/content/support/kb/guide/en/managing-synonyms-ekb24rbqvv/steps/4916545/index.html): Managing synonymsManaging synonyms is an essential task for maintaining your reference data. Clean reference data ensures your documents can be processed and validated as efficiently as possible.‍What are synonyms in Carta LP Portfolio Analytics?Synonyms help Carta LP Portfolio Analytics understand which funds or companies appear in a document – even when a name appears in a slight variation, as abbreviation or even as a completely different name (for instance a previous trading name). In Carta LP Portfolio Analytics, each fund or company name can have any number of synonyms. These can be added by any user during document vallidation, or directly in the reference data section When an entity (fund or company) name appears in a document with a name variation (e.g. incomplete name, as abbreviation or as a previous trading name), then Carta LP Portfolio Analytics uses synonyms as a fallback method to identify the correct entity. ‍Why you should maintain synonymsIncrease parser accuracy – reduce need for correcting and re-parsing documentsThe platform uses synonyms to identify funds within file names, and any entity within document textSpeed up the extraction process:Better entity matching mean that fewer items need to be manually edited and correctedAvoid duplication, keeping ref data cleanHow it worksWhen Carta LP Portfolio Analytics processes a document in order to assign the correct funds, companies or other entities, it uses the reference data library to look up existing names. In most cases this works fine, but occasionally the document uses a variation in spelling, an abbreviation, or previous company name. By adding the right synonyms to an entity, the platform can also use those to establish a match. You can manage synonyms in two locations: Either on the network validation screen: select action: 'Edit synonyms'or directly in the reference data section. ‍What to aim forAdd common name variations, e.g. for 'ACME Services Group', add synonym 'ACME Group' and 'ACME Services'; or for 'Joker Ltd', add 'Joker'Remove legal or other common suffixes, e.g. for entity 'Wayne Enterprises, Inc.' add synonym 'Wayne Enterprises'Add known abbreviations, e.g. for 'Societe Generale' add synonym 'SocGen', or for 'Wayne Enterprises Capital Partners' add 'WECP' if this is expected usagePrevious company names, e.g. for 'abrdn', add synonym 'Aberdeen'Most entities will not need synonyms; for difficult cases a maximum of 4-6 synonyms should suffice‍What to avoidAvoid adding synonyms that are too short or too common, as these will generate matches even in unrelated text (false positives).E.g. for 'Total Health Enterprises (THE)' you should not add 'THE' as synonymAvoid adding synonyms that are too long, or extending the main asset name.E.g. for entity 'Wayne Enterprises', you do not need to add synonym 'Wayne Enterprises, Inc.', as the match would have been found with the original name anywayAvoid synonyms that are likely to match other entities as well.E.g. you should not add synonyms like 'enterprise', 'LP', 'LLC', 'Fund' or similar‍ (492 words)
- [Carta Europe Terms of Use | Legal Hub](/content/uk/en/legal/terms-agreements/carta-europe-terms-use/index.html): These Terms of Use, together with any other information referred to in it, (the “Agreement”) is an agreement between Vauban Technologies Limited (“we” or “Carta Europe”), and you as a natural person (“you”), and contains the terms and conditions that govern your access to and use of the Website, its content, services, documents, information and applications (“the Services”), to which you may have access by using the website https://carta.com/uk/en/ and associated pages and sites (“the Website”, “our site”), or otherwise. (2,477 words)
- [Managing your board | support.carta.com](/content/support/kb/en/managing-your-board-430189/index.html): How to create a board meeting, How to create and manage board consents, templates, and documents (155 words)
- [How to use the Distribution Scenario Modeling tool | support.carta.com](/content/support/kb/guide/en/how-to-use-the-distribution-scenario-modeling-tool-gwe8pnzsds/steps/4862219/index.html): How to use the Distribution Scenario Modeling toolThe Distribution Scenario Modeling tool is a new feature that allows you to model a hypothetical fund distribution. You can use it to see how proceeds from a potential investment exit would be allocated to all partners based on your fund's specific waterfall configuration. (199 words)
- [How to add estimated equity value for PIUs | support.carta.com](/content/support/kb/guide/en/how-to-add-estimated-equity-value-for-pius-u2sm2ws6rf/steps/5032116/index.html): How to add estimated equity value for PIUsFull admin and Company editor users on Carta can enable estimated values for PIUs (Profit Interest Units). This feature provides an approximation of the financial value of a specific interest in an entity, based on the company's overall financial worth. These estimates are calculated using the entity's per unit value selected when setting up the feature.PIUs must have a per-unit threshold defined in the original grant data. Estimated value will not be calculated for grants using a company-wide total threshold. (440 words)
- [Startup M&A in 2023 | Carta](/content/sg/en/data/mergers-acquisitions-2023/index.html): Between Q1 2021 and Q1 2022, the number of M&A deals targeting startups on Carta increased by 79%. (1,250 words)
- [Fund administration for the 21st century | Carta](/content/uk/en/product-updates/fund-administration-21st-century/index.html): Carta's connected platform gives GPs, LPs, fund CFOs, and their fund administration partners unprecedented transparency into fund transactions.   (1,023 words)
- [How to send email reminders to users to sign securities | support.carta.com](/content/support/kb/guide/en/how-to-send-email-reminders-to-users-to-sign-securities-ksux2v7pn7/steps/3705130/index.html): How to send email reminders to users to sign securitiesUsers with Full Access, Company Editor, or View-only permissions will be able to manually resend reminder emails to signatories to sign securities and holders to accept securities. Email reminders are automatically sent at the 5, 10, 20, 30, and 90 day mark if a security remains unsigned or unaccepted. Emails can be sent from all security ledgers on the company’s cap table. Securities with an orange flag are Awaiting officer signature, while securities with a green flag are Awaiting holder signature. (71 words)
- [What to look for in a 409A provider ](/content/uk/en/product-updates/409a-valuation-what-to-look-for/index.html): A 409A valuation should be strategic—not perfunctory. Carta can help companies of all sizes get a fast, accurate, and data-backed valuation in a matter of days. (730 words)
- [How to manage stakeholder cap table access | support.carta.com](/content/support/kb/guide/en/how-to-manage-stakeholder-cap-table-access-kvot06alvb/steps/3787054/index.html): How to manage stakeholder cap table accessCarta makes it easy to share company information with your shareholders, employees, and other stakeholders through their Carta portfolios by managing your cap table access settings.Users with Full access or Company editor permissions can configure access to cap table information based on a stakeholder’s relationship to the company, or at the individual level.Navigate to Essentials → View cap table and click Review under Cap table access configured located at the top right of the page. (75 words)
- [State of Private Markets: Q3 2024](/content/sg/en/data/state-of-private-markets-q3-2024/index.html): In the aftermath of the remarkable pandemic bull run of 2021 and early 2022, the venture market has settled into a new normal. The third quarter showed upward trends at the later stages in deal activity and M&As. (1,505 words)
- [How to manage investor relations on Carta | support.carta.com](/content/support/kb/guide/en/how-to-manage-investor-relations-on-carta-rlnjearugo/steps/3830320/index.html): How to manage investor relations on Carta Select an option to learn more. (29 words)
- [How to correct a stakeholder's termination date | support.carta.com](/content/support/kb/guide/en/how-to-correct-a-stakeholders-termination-date-rjvcgtrttu/steps/3724990/index.html): Before following the steps below, ensure that you have reversed the terminations on any of the terminated stakeholder's impacted equity awards.How to correct a stakeholder's termination dateAfter any impacted equity award terminations have been reversed, the next step is to re-terminate the stakeholder with the correct date.Navigate to Essentials &gt; Manage stakeholders.Locate the terminated stakeholder. Click the button to the right of their row and select Edit stakeholder properties. (61 words)
- [Get Stakeholder Capitalization Table](/content/docs/api-platform/reference/v1alpha1investorsgetstakeholdercapitalizationtable/index.html): Scope(s): read_investor_stakeholdercapitalizationtable
Retrieve an investor's stakeholder capitalization table.
Using the same company ID as the capitalization table ID will return the primary capitalization table.The primary capitalization table is the capitalization table administered by the compa… (2,290 words)
- [How to terminate holders of profits interests (PIUs) | support.carta.com](/content/support/kb/guide/en/how-to-terminate-holders-of-profits-interests-pius-5fclbwnied/steps/3725358/index.html): How to terminate holders of profits interests (PIUs) Terminating a holder of Profits Interest Units (PIUs) follows the same standard process as terminating holders of other equity awards like options or RSUs. 📌 When a termination is processed in Carta, any unvested units automatically forfeit and return to the company's pool.Navigate to Essentials → Manage stakeholdersLocate the person you wish to terminateClick the button to the right of their row and select Terminate stakeholder (137 words)
- [ARR Calculator | Carta](/content/uk/en/learn/resources/arr-calculator/index.html): Calculate your company’s annual recurring revenue (ARR) with Carta’s free ARR Calculator. Forecast growth and estimate ARR, MRR, upgrades, and churn easily. (102 words)
- [Notice of Cancellation of Shares | SH06 Form](/content/uk/en/learn/startups/uk-company-registers-filings/sh06/index.html): UK companies must submit an SH06 form to Companies House within 28 days of cancelling shares. Learn how to complete and file an SH06, and how Carta simplifies the process. (769 words)
- [Market Value Insights Terms and Conditions | Legal Hub](/content/uk/en/legal/terms-agreements/market-value-insights-terms-conditions/index.html): By executing an Order Form that references these Market Value Insights Terms and Conditions (these “Market Value Insights Terms”), you agree to these Market Value Insights Terms and will be referred to as “you” or “Customer” in these Market Value Insights Terms. “Party” or “Parties” shall mean, individually, Customer or Carta Valuations LLC (“Carta Valuations”) as the context requires and, collectively, Customer and Carta Valuations. (2,182 words)
- [Get Stakeholder Capitalization Table](/content/docs/api-platform/reference/v1alpha1issuersgetstakeholdercapitalizationtable/index.html): Scope(s): read_issuer_stakeholdercapitalizationtable
Retrieve an issuer's capitalization table by stakeholder.
This view of the capitalization table contains information about the issuer's outstanding securities broken into stakeholder groups. A stakeholder group is a group of stakeholders holding t… (512 words)
- [How to use the Manage Employees page | support.carta.com](/content/support/kb/guide/en/how-to-use-the-manage-employees-page-w7hhfxa8yz/steps/3789285/index.html): How to use the Manage Employees pageIn the Manage Employees hub, Carta makes it easy to determine how much equity to grant employees and when to grant it, with tools such as the Hiring Planner, Refresh Grant Planner, and Equity Pool Forecast.   Know when you need to fundraise again / next milestone  Determine correct compensation strategy  Conduct negotiations with candidates and employees  Get board &amp; investor approvalsView employee information (71 words)
- [status/history-rss.html](/content/status/history-rss.html) (1,691 words)
- [How to add a material event through the valuations dashboard | support.carta.com](/content/support/kb/guide/en/how-to-add-a-material-event-through-the-valuations-dashboard-9kuumpd4df/steps/3712223/index.html): How to add a material event through the valuations dashboard More granularity is added to a company’s 409A dashboard to manage the company’s fair market value (FMV). A user with Full access permissions may add a new material event to mark the FMV as stale. When this setting is applied, stakeholders who exercise electronically will receive an in-app disclaimer as part of the workflow, informing them that the FMV is currently under review and may change. This allows stakeholders to make informed decisions and gives them the opportunity to contact the company with any questions before proceeding. A material event also warrants a 409A refresh. Click below for answers to more frequently asked questions about requesting a 409A on Carta.. Navigate to Compliance &amp; Tax &gt; 409A Valuations. Click Manage fair market value, then select Add material event. (115 words)
- [How to send communications through Carta | support.carta.com](/content/support/kb/guide/en/how-to-send-communications-through-carta-8vdtliqvsu/steps/3707266/index.html): Carta Equity Management users can now use the Carta Communications tool to send company updates, pitch decks, legal disclosures, and other messages. (46 words)
- [Equity Transaction Payment Terms | Legal Hub](/content/uk/en/legal/terms-agreements/equity-transaction-payment-terms/index.html): By electing to enable security holders to pay for or purchase securities, including but not limited to options exercises, utilizing Carta’s payments features, Customer is agreeing to these Equity Transaction Payment Terms (“Terms”), which are in addition to the terms in the Master Subscription Agreement (“MSA”) in place between Customer and Carta. (1,788 words)
- [Why does Carta need stakeholder email addresses? | support.carta.com](/content/support/kb/guide/en/why-does-carta-need-stakeholder-email-addresses-15rb6z2eo8/steps/3738600/index.html): As an SEC-registered transfer agent, Carta has a responsibility to track contact information for holders and notify them of their outstanding holdings. Carta asks companies to provide their stakeholders' email addresses in order to invite security holders to create a Carta login and electronically sign and accept their securities. Email addresses help to ensure the correct stakeholder has electronic access to their equity in your company. Email is the primary means for holders to receive notices about company events, equity events, and keeping their contact information up-to-date and accurate. The email address entered by the issuing company should be for the specific stakeholder even if the stakeholder does not check their email frequently. At a minimum, the email address must be that of an individual who has power-of-attorney to receive legal documents on behalf of the security owner. The company should have verification of the power-of-attorney before sending out any securities or email notifications regarding securities. If the security owner is a minor (under the age of 18), then the email address used should be that of the minor’s legal guardian. (195 words)
- [How to review issues stakeholders report through Carta | support.carta.com](/content/support/kb/guide/en/how-to-review-issues-stakeholders-report-through-carta-x8a3ybnfqk/steps/3705133/index.html): When stakeholders contact your company through Carta, your designated Stakeholder contact will receive an email notification with the stakeholder’s message.   Log into Carta and navigate to Essentials → View cap table → click Respond under reported issues. If there are any unresolved issues, they’ll appear in a table for your review.Determine whether or not to take action to resolve the issue on Carta, or dismiss it. Take the appropriate steps, then return to the Reported issues page.Users with Full access permissions can click Resolve, or Dismiss the issue through the button to its right. You’ll be asked whether you’d like to email the stakeholder before you continue. For record keeping purposes, resolved and dismissed issues are logged in the Archived tab of the Reported issues page. (131 words)
- [Terms and Conditions: Carta Launch | support.carta.com](/content/support/kb/guide/en/terms-and-conditions-carta-launch-af6obuxpsb/steps/3725163/index.html): Terms and ConditionsCarta Launch These Carta Launch Plan Terms and Conditions incorporate the eShares, Inc. DBA Carta, Inc. (“Carta”) Master Subscription Agreement (the “MSA”), located at https://carta.com/msa, and the Carta Terms of Service (“TOS”), located at https://carta.com/terms-of-service/ (collectively, the “Launch Plan Terms”) all of which may be updated from time to time.  The Launch Plan Terms shall govern the relationship between Carta and the company represented by the signatory to these Launch Plan Terms and Conditions (“Customer” or “you”).  You agree to the Launch Plan Terms by installing, accessing, or using Carta’s platform, services, features, software, mobile applications, or website (together, the “Services”), or by continuing to use the Services following an update to any of the Launch Plan Terms.  All capitalized terms not defined in these Launch Plan Terms shall take the meaning assigned to them in the MSA. By agreeing to these Launch Plan Terms and Conditions, Customer accepts and and agrees to be bound by the Launch Plan Terms, and the undersigned represents that they have the authority to enter into this agreement on behalf of Customer. During the term of this agreement, and until you upgrade to a paid subscription, by agreeing to these Launch Plan Terms and Conditions you will have access to a limited version of the Carta platform (the “Carta Launch Plan”) until Customer has a Qualifying Event (as defined below). Subject to the conditions set forth below, the Carta Launch Plan gives Customer the ability to issue and manage Common Stock, Founders Stock, issuances from an equity plan (e.g. option grants), convertible notes, SAFEs, or Preferred Stock on the Carta platform, for up to twenty-five (25) aggregate Security Holders; and to access reporting features including but not limited to: Summary cap table, Intermediate cap table, Detailed Cap table, Certificate transaction report, Vesting report, Equity Plan Analysis, and Stakeholder ownership details. By agreeing to the Launch Plan Terms, Customer represents and warrants that the Customer Data entered in Carta is accurate. If Customer is formed, incorporated or organized pursuant to the laws of a jurisdiction other than those of the United States, Customer understands, acknowledges and agrees that: (i) Customer is aware that Carta does not serve in the capacity of a share registry or transfer agent, and does not maintain any formal register of members, securities register or the like for companies incorporated outside of the United States, and Customer has an alternative share registry or transfer agent system in place in the jurisdiction(s) in which Customer operates, is formed, incorporated or organized to account for this; (ii) Carta is not accepting through this Agreement any delegations or responsibilities under the regulations or laws of the jurisdictions in which Customer operates, is formed, incorporated or organized; (iii) Customer, in consultation with its counsel, has reviewed the e-signature regulations in the jurisdiction(s) in which Customer operates, is formed, incorporated or organized and confirms that the Hosted Services are an acceptable solution for accepting e-signatures on any documents executed or collected through the Hosted Services, and Customer also confirms that any additional documents required during the exercise of an equity award—but not processed on or through the Hosted Services—will be signed outside of the Hosted Services using another provider that meets Customer’s requirements before the exercise is approved on the Hosted Services; (iv) Carta cannot calculate the associated tax withholdings for equity award exercises outside of the United States, and Customer further agrees to calculate and manage any and all tax withholdings outside of the Hosted Services; and (v) Carta shall not be required to process payments with respect to equity or security transactions for or on behalf of Customer. Subject to the foregoing and the Launch Plan Terms, Customer may use the Carta Launch Plan without charge. While Customer is using the Carta Launch Plan, Carta reserves the right to limit Customer’s or its Users’ access to Carta’s support at any time. Upon Customer: (a) exceeding twenty-five (25) aggregate Security Holders; (b) raising an aggregate of US $1,000,000.00 or more (or equivalent amount in other currencies) of equity or debt financing, regardless of security or instrument type(s); or (c) adding a 409A subscription or access to premium accounting features, modeling features (including scenario modeling and waterfalls), or compliance features (including 701, 718, or 3921) (each, a “Qualifying Event”), Customer agrees to upgrade its subscription subject to Carta’s then-current pricing and service offerings. Upon a Qualifying Event, Customer’s access to the Services, Hosted Services, and Carta support may be disabled within Carta’s discretion until payment is made for an upgrade to a paid subscription. These Launch Plan Terms and Conditions shall take effect upon Customer’s electronic signature and remain in effect until terminated by Customer or Carta, or as described in the Launch Plan Terms. Customer’s access to the Services under the Launch Plan Terms may be terminated by Customer or Carta by the terminating Party giving the other Party written notice, or as otherwise described in the MSA. Upon termination, Customer’s law firm may retain access to Customer Data on Carta so long as such law firm continues to represent Customer and is generally in good standing with Carta. If Customer is no longer represented by such law firm, Customer shall provide Carta with written notice and Carta shall use commercially reasonable efforts to disable such law firm’s access to the Customer Data in Carta. The Launch Plan Terms constitute the entire agreement between Customer and Carta with respect to the use of the Hosted Services and supersede all other oral and written representations, understandings or agreements relating to the use of the Hosted Services. Carta reserves the right to alter or discontinue the Carta Launch Plan, or to alter the Launch Plan Terms, at any time. If there is any conflict between these Launch Plan Terms and Conditions and the MSA, these Launch Plan Terms and Conditions shall govern and control. (979 words)
- [How to resolve reported issues | support.carta.com](/content/support/kb/guide/en/how-to-resolve-reported-issues-tltx5sbcmh/steps/3802754/index.html): How do I resolve reported issues? When a stakeholder reports an issue through Carta, the designated Stakeholder contact will get an email prompting them to log in and check it. Company admins can also review reported issues by navigating to the Reported issues page. Based on the Description, a user with Full access permissions can take the necessary steps to address the issue. Click Resolve to clear the issue and optionally, send an email to the stakeholder informing them of the resolution. To Dismiss, click the three dots at the end of the row. Resolved and dismissed issues will be recorded on the Archived tab. Access the Health Checks dashboard to identify, understand, and take action to fix potential data inconsistencies on Carta. (112 words)
- [Validating documents | support.carta.com](/content/support/kb/en/validating-documents-505887/index.html): Adding metrics from PDF, Choosing validation filters, Efficiency tools, Fund and document notes, Committing metrics to the database, Dismissed metric candidates, Editing in bulk, Grouping and filtering, PDF highlighting, Validating metrics, Performance reports, Multi-fund and Fund-of-Funds, Quick calculator for metrics, Approval workflow, Validating entities and network, Private debt asset class, Overview, Cashflow notices (111 words)
- [Analytics | support.carta.com](/content/support/kb/en/analytics-505889/index.html): Portfolio performance, Asset cohort analysis, Asset deal performance, Asset operating metrics, Calculations, ESG emissions for exposure analysis, Fund attribution, Funds overview, Fund underlyings, General Partner page, General Partners overview, Fund performance, Getting started, Portfolio commitments, Portfolios overview, Network search, Portfolio holdings (48 words)
- [State of Private Markets: Q4 and 2024 in review](/content/uk/en/data/state-of-private-markets-q4-2024/index.html): The startup fundraising landscape is undergoing a clear resurgence from the post-pandemic slowdown. Carta has all the data, including trends in round sizes, valuations, dilution, and more, across every stage and every region of the U.S. (1,167 words)
- [Managing documents | support.carta.com](/content/support/kb/en/managing-documents-505888/index.html): Archiving documents, Document labels, Searching, filtering and creating custom views, Document tracker, Document overview, Merging documents, Multi-type documents, Working with documents (53 words)
- [My organization | support.carta.com](/content/support/kb/en/my-organization-505893/index.html): Managing users, Manual collection, User roles and permissions (73 words)
- [How to deliver K-1 documents through Carta | support.carta.com](/content/support/kb/guide/en/how-to-deliver-k-1-documents-through-carta-rkfmw6pxlk/steps/5089211/index.html): How to deliver K-1 documents through CartaThis workflow is applicable to LLC companies on Carta Core.1. Prepare your K‑1 PDFsHave your tax provider generate one K‑1 PDF per interest holder.Carta does not generate or file the K‑1s; completed forms must be uploaded into the platform. For best results:Ensure each K‑1 includes:The holder’s full legal nameThe holder’s tax ID (e.g., SSN or EIN)if applicable, the correct tax yearUse one holder per file. Avoid bundling multiple K‑1s into a single PDF.2. Confirm holder data in CartaCarta matches K‑1s to stakeholders using data already on your cap table and investor records (for example, name and tax ID). Before you upload:Confirm that names and, where available, tax IDs for your holders are accurate and up to date in Carta Web.If you recently updated holder details, make those changes in Carta Web first so the matching engine uses the latest information. (133 words)
- [How to enable online transactions | support.carta.com](/content/support/kb/guide/en/how-to-enable-online-transactions-phewi64weu/steps/3724501/index.html): How to enable online transactionsOnline transactions allow stakeholders to initiate and complete exercises directly in Carta.For U.S. companies (excluding companies on Carta's Launch plan), this feature is enabled automatically during account setup.If you're a non-U.S. company, or you skipped setup during onboarding, you’ll need to enable this feature manually.💡 You can also enable online transactions during the grant issuance process. Learn more.- To complete setup, link a bank account and configure your transaction settings in Carta.  Select an option for detailed instructions. (103 words)
- [Pre-revenue and pre-product? No problem for founder's fundraise](/content/uk/en/blog/fundraising-files-dapple-security/index.html): Cybersecurity company Dapple Security followed up its SAFE with a priced seed round. The keys? Founder-market fit and communicating a vision to investors.  (2,189 words)
- [Supported metrics | support.carta.com](/content/support/kb/guide/en/supported-metrics-7walq05zts/steps/4916576/index.html): Supported metricsCarta LP Portfolio Analytics supports over 200 metrics and a series of modifiers (attributes). (16 words)
- [How to complete an audit confirmation request | support.carta.com](/content/support/kb/guide/en/how-to-complete-an-audit-confirmation-request-p1folpwx6m/steps/4035708/index.html): How to complete an audit confirmation request The audit confirmation tool allows auditors to send audit confirmations directly to portfolio companies via the platform. Auditors will be able to make selections, select an "as of" date, schedule confirmations to be sent, and select a due date. Confirmations are routed to the GP, who reviews and approves the selections. Once the GP approves, issuing companies will receive an email requesting their confirmation of the fund's holdings. Auditors can set up automatic reminders to the GP and issuing companies to complete their tasks, ensuring that the audit stays on-track.This tool is available for Carta Fund Administration customers and their auditors. (114 words)
- [Carta Europe Privacy Statement | Legal Hub](/content/uk/en/legal/privacy/carta-europe-privacy-statement/index.html): Your privacy is of crucial importance to Carta Europe. This Privacy Statement describes how Carta Europe collects, processes and protects your personal data. (3,386 words)
- [Simplify capital calls with automated contributions](/content/uk/en/product-updates/automated-money-movement-contributions/index.html): Carta’s AMM now supports capital calls, giving GPs real-time payment updates, secure reconciliation, and transparent tracking for contributions. (309 words)
- [QSBS Terms and Conditions | Legal Hub](/content/uk/en/legal/terms-agreements/qsbs-terms-conditions/index.html): By executing an Order Form that references these QSBS Terms and Conditions (this “Agreement”), you agree to terms and conditions in this Agreement and will be referred to as “you” or “Customer” in this Agreement. (1,845 words)
- [How to set up an SFTP integration | support.carta.com](/content/support/kb/guide/en/how-to-set-up-an-sftp-integration-am3xkvaxty/steps/3724649/index.html): What is an SFTP integration?An SFTP integration allows for large-scale provider-agnostic ingestion of employee data into Carta’s product ecosystem.An SFTP integration with your HRIS will pull in more information than an API integration, flagging pending terminations and updates to existing Carta stakeholders including pay/wage data. The caveat is that SFTP integrations take longer to set up, and can only be configured if your HRIS provider supports automatic spreadsheet uploads. Once the integration is set up, Carta automatically creates and hosts an SFTP folder for your HRIS provider to upload daily files. (89 words)
- [New from Carta: The Most Efficient Way to Manage Your Portfolio](/content/uk/en/product-updates/efficiently-manage-portfolio/index.html): Carta makes it easier for investors to manage and monitor their investments—with a range of tools designed to simplify fund operations, streamline reporting, and track portfolio performance. (483 words)
- [Payment information | support.carta.com](/content/support/kb/en/payment-information-430191/index.html): How to authorize ACH transactions from Carta with your bank, How to manage company payment information, How to connect your company bank account, How to add a wire transfer account (125 words)
- [State of Startup Compensation, H1 2024 | Carta](/content/sg/en/data/startup-compensation-h1-2024/index.html): Carta data shows that companies have become leaner and salary benchmarks have remained flat across much of the ecosystem. (1,727 words)
- [How to configure corporate SSO | support.carta.com](/content/support/kb/guide/en/how-to-configure-corporate-sso-gyqa3agzlc/steps/4445955/index.html): How to configure corporate SSO in Carta Corporate Single Sign-On (SSO) improves security and streamlines access by allowing company admins to log in to Carta with their corporate credentials.  SSO Domain RequirementsMust use a corporate/work domain (e.g., @yourcompany.com)Public domains are not supported (e.g., Gmail, Yahoo)Email domain must match what is set up in your IdP (identity provider) (86 words)
- [Compensation Matters Newsletter Signup | Carta](/content/subscribe/comp-newsletter/index.html) (434 words)
- [How to set up a CSV integration | support.carta.com](/content/support/kb/guide/en/how-to-set-up-a-csv-integration-8vnvw7szxv/steps/3778979/index.html): How to set up a CSV integrationA CSV integration can be configured as a manual alternative to automated integration with your provider, allowing you to map and manually upload data from an uploaded report or other source as if it came from an HR or payroll system.A CSV integration is only recommended as a temporary solution while an automated integration is being set up, as it involves manual CSV file uploads to reflect the latest data. While it's not ideal in the long-term, it provides a means to quickly transfer HRIS data into Carta when needed.Company account users with Full access, Company editor, or HR administrator permissions can set up an HRIS integration. (54 words)
- [Monitoring data | support.carta.com](/content/support/kb/en/monitoring-data-505890/index.html): Creating and editing a data monitor, Data monitor overview, Understanding the data monitor (146 words)
- [How to import company financials | support.carta.com](/content/support/kb/guide/en/how-to-import-company-financials-v0bf4tpywu/steps/3876447/index.html): How to import company financialsTo help expedite the 409A valuation process, users with Full access or Company editor permissions can import company financials to Carta.Select a method below. (36 words)
- [Document acquisition | support.carta.com](/content/support/kb/en/document-acquisition-505891/index.html): Document management, Email integration, Investor portal account setup, Operational monitoring and alerting​, Supported document categories, Manual collection (50 words)
- [How to update your company profile information | support.carta.com](/content/support/kb/guide/en/how-to-update-your-company-profile-information-1phpgoa2at/steps/3724677/index.html): Updating Your Company Profile Information Your company's profile is set up during the onboarding process, but as the company grows and evolves, your profile may need some changes too.  Keep your profile details such as company name, TCC, and address, up-to-date. (56 words)
- [Reference data | support.carta.com](/content/support/kb/en/reference-data-505886/index.html): Anonymized investor aliases (CAS), Data model overview, Entities, Managing synonyms, Network, Reference data audit (124 words)
- [Financial reporting | support.carta.com](/content/support/kb/en/financial-reporting-426269/index.html): How to expense equity awards with performance conditions in Financial Reporting, How to understand modification accounting in Financial Reporting, How to review Deferred Tax Assets, How to customize Financial Reporting assumptions in Carta, How to use the Minimum Disclosures Report, Frequently asked questions about Financial Reporting, How to separate expense into ISO vs NSO in the Financial Reporting tool, How to automatically expense awards with event-based performance conditions, How to set up a US GAAP or IFRS scenario, What is Carta’s Financial Reporting Value (FRV)?, How to use pre and post stock split numbers in Financial Reporting, How to use the Dilution Report, How to manage fair value assumptions, How to run reports in the Financial Reporting tool, What is fair value?, Summary of ASU 2018-07, How to fix report errors in the Financial Reporting tool, How to link your financials to fulfill an investor request (186 words)
- [Business Valuations Terms and Conditions | Legal Hub](/content/uk/en/legal/terms-agreements/business-valuations-terms-conditions/index.html): By executing an Order Form that references these Business Valuations Terms and Conditions (these “Valuations Terms”), you agree to these Valuations Terms and will be referred to as “you” or “Customer” in these Valuations Terms. “Party” or “Parties” shall mean, individually, Customer or Carta Valuations LLC (“Carta Valuations”) as the context requires and, collectively, Customer and Carta Valuations. (1,438 words)
- [How to manage company users and permissions | support.carta.com](/content/support/kb/guide/en/how-to-manage-company-users-and-permissions-1miw0urgrh/steps/3724550/index.html): How to manage company users and permissionsThe Users and permissions page allows admins to control who can access and manage company account data, including the cap table. Setting the right permissions helps you:Protect company dataMaintain data accuracyEnsure transparency across financial operationsCompany administrators are individuals who will manage the company's cap table, not stakeholders.  . To share cap table data with stakeholders (e.g., investors or employees with equity), manage your company's cap table access settings.Permissions ans roles; permissions and roles page Select an option below for more information. (86 words)
- [Pay Transparency: What Companies Need to Know](/content/sg/en/learn/startups/compensation/pay-transparency/index.html): More cities and states are addressing pay discrimination by requiring pay transparency in job postings. Learn how to navigate pay transparency laws and build a compliant compensation strategy to help you attract and retain top talent. (3,276 words)
- [Vauban Terms and Conditions | Legal Hub](/content/legal/terms-agreements/vauban-terms-conditions/index.html): https://www.vauban.io/, https://dashboard.vauban.io/ and https://structurer.vauban.io (each a “site”) are sites operated by Vauban Technologies Limited(“we”). We are a private limited company registered in England and Wales under company number 11128704 and have our registered office at 186 Shoreditch High Street, London, E1 6HU, United Kingdom. (3,809 words)
- [Annual Recurring Revenue (ARR): How to Forecast Revenue](/content/uk/en/learn/startups/metrics/arr/index.html): ARR (Annual Recurring Revenue) is a key metric used to forecast revenue from new and existing subscription-based services or products over a 12-month period. (681 words)
- [Carta Customer Ecosystem | Carta Community](/content/community/customer-ecosystem/index.html) (998 words)
- [How to integrate your HRIS via API | support.carta.com](/content/support/kb/guide/en/how-to-integrate-your-hris-via-api-9k0unbxbzy/steps/3776761-3776757-3776771-3776756-3776753-3776774-3776754-3783270.html): How to set up an API-based HRIS integrationCarta offers native API integrations with top software applications such as Bamboo, Gusto, Workday, Namely, Rippling, Sequoia, and TriNet, and also integrates with many more trusted HRIS providers through Merge. Integrating your HRIS via API flags pending terminations and profile updates to existing Carta stakeholders from your HR system, in addition to unlocking the power of Carta Total Comp. Best of all, it's easy to set up and can be configured in just a couple of minutes.🔐 Company account users with Full access, Company editor, or HR administrator permissions can set up an HRIS integration. (219 words)
- [Bull vs. Bear Market: What’s the Difference?](/content/sg/en/learn/private-funds/management/fund-performance/bull-vs-bear-market/index.html): Understand key differences between a bear market and a bull market and how market fluctuations affect private fund performance.  (673 words)
- [409A valuations | support.carta.com](/content/support/kb/en/409a-valuations-426264/index.html): How to add a material event through the valuations dashboard, Aside from 409A, what other valuation services does Carta provide?, How to request a 409A valuation, How to benefit from QSBS tax exemptions, Frequently asked questions about benchmarking valuations, How to view your 409A valuation status, Why is FMV required?, How to add a non-Carta FMV, Frequently asked questions about valuation methodologies, Why should I allow Carta Valuations edit access to my company’s rights & preferences?, What is the Discount for Lack of Marketability (DLOM)?, How to view and accept your 409A report, How to complete the cost-to-recreate worksheet, How to share 409A valuation data with stakeholders, Frequently asked questions about reviewing your 409A valuation, Frequently asked questions about the Black-Scholes OPM, Frequently asked questions about requesting a 409A valuation (312 words)
- [How much equity should I give early employees?](/content/uk/en/learn/startups/compensation/employee-equity/index.html): Three experienced startup founders narrow down six key factors to consider when deciding how much startup equity to give your first 10 employees. (784 words)
- [Where to find the total cash paid and value of IP transferred in a sample board consent | support.carta.com](/content/support/kb/guide/en/where-to-find-the-total-cash-paid-and-value-of-ip-transferred-in-a-sample-board-consent-9utjkiyhhj/steps/3725386/index.html): Where can I find the total cash paid and value of IP transferred for my shares in a sample board consent?To enter values for cash paid or IP transferred to purchase the common shares, this information can typically be found in the Board Consent.  In the first image, the cash paid and IP transferred is found in 3rd column under Exhibit A.This information may also be found in a Receipt document (see example in second image) or elsewhere in a Stock Purchase Agreement. Documents courtesy of Stripe Atlas (68 words)
- [status/history-atom.html](/content/status/history-atom.html) (1,301 words)
- [How to draft and issue option grants | support.carta.com](/content/support/s/article/issue-option-grants/index.html): Drafting and issuing option grantsRequired permissions:Company account users with Full access, Company editor, or HR administrator permissions can enter option grant drafts information. . Only Full access users can issue securities to the cap table.Requirements for issuing option grants on Carta:Company must have a current FMVShare classes must be configuredEquity plan established and set up on CartaIt's also helpful to have already created any necessary securities templates prior to drafting, such as document sets and vesting schedules..Keep reading to learn how to draft option grants and send them for signature through Carta. (58 words)
- [Filters and metrics | support.carta.com](/content/support/kb/en/filters-and-metrics-505885/index.html): Configuring filters, Creating a new filter, Alerts for exception-based workflow, Alerts for anomaly detection, Alerts for 'historical edits', Supported metrics, Using date filters (64 words)
- [Guide to managing securities on Carta | support.carta.com](/content/support/s/article/modify-securities-overview/index.html): Guide to managing securities on CartaCarta is here to make equity administration straightforward and hassle-free. We’ll help you seamlessly navigate the complexities of managing securities with confidence and precision, empowering you with step-by-step guides and reminders. Whether you need to update a security’s information to fix a clerical error or simply print a copy of a certificate, select an option for more information.Only users with Full access permissions can make changes to issued securities. (112 words)
- [Taxes & compliance | support.carta.com](/content/support/kb/en/taxes-compliance-426266/index.html): How to manage employee tax withholdings, How to send Rule 701 disclosures, How to manage ISO $100K limits, Why are Social Security Numbers and Tax IDs required?, Guide to federal exemptions, How to report Beneficial Ownership Information, Guide to GDPR compliance, How to track 83(b) election filings for early exercised option grants, How to manage 83(b) for PIUs, Guide to ASC 718 & 505-50, What is ASC-505-50?, How to adjust the taxes on an approved exercise, How to use the Compliance & Tax hub (265 words)
- [Equity Advisory Terms of Service Addendum | Legal Hub](/content/uk/en/legal/terms-agreements/equity-advisory-terms-service-addendum/index.html): This Addendum (“Addendum”) modifies and is incorporated into the Terms of Service by and between Customer (“you”, or “your”) and eShares, Inc. DBA Carta, Inc. (“Carta”, “we” , “us”, “our”) and contains additional terms in connection with our educational equity advisory service (“Equity Advisory Service”).  (1,302 words)
- [Carta Law Terms of Use | Legal Hub](/content/uk/en/legal/terms-agreements/carta-law-terms-of-use/index.html): This Terms of Use Agreement ("Agreement") is a legal agreement between you and Carta Law. (1,164 words)
- [Frequently asked questions about AWS Credits | support.carta.com](/content/support/kb/guide/en/frequently-asked-questions-about-aws-credits-gbqizz8mlq/steps/3854758/index.html): Frequently asked questions about AWS Credits  (143 words)
- [How to get started with Carta Launch | support.carta.com](/content/support/kb/guide/en/how-to-get-started-with-carta-launch-s3gp86u0jp/steps/3738628/index.html): How to get started with Carta Launch Carta Launch is Carta's free platform designed to simplify the founder’s journey. With intuitive navigation and industry leading tools, you’ll find everything you need to manage your cap table, issue equity, and fundraise–all in one spot.  (132 words)
- [Subscriptions & add-ons | support.carta.com](/content/support/kb/en/subscriptions-add-ons-426267/index.html): How to cancel your Carta subscription, How to use the Equity Advisory employer dashboard, How to prepare for a tender offer, How to manage employee communications during a tender offer, How to generate and deliver Form 3921, How to create stakeholders for new hire onboarding with Equity Advisory, How to use Carta Plugins for Claude (271 words)
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- [RSA vs RSU: Key Differences & Tax Treatments](/content/sg/en/learn/equity/rsa-vs-rsu/index.html): Restricted stock awards (RSAs) and restricted stock units (RSUs) are two types of restricted stock equity awards. Learn the differences between RSAs vs RSUs. (2,497 words)
- [Manage fundraising end to end and stay aligned with your LPs](/content/product-updates/streamlined-fundraising/index.html): Carta’s new Closings experience gives GPs real-time fundraising insights and LPs flexible signing options—making fund closings faster, easier, and more organized.,  (298 words)
- [Equity Advisory Product-Specific Terms | Legal Hub](/content/uk/en/legal/terms-agreements/equity-advisory-product-specific-terms/index.html): The Agreement consists of these Carta Equity Advisory Product Specific Terms (which may be updated from time to time), the eShares, Inc. DBA Carta, Inc. (“Carta”) Master Subscription Agreement (the “MSA”) that Customer accepted, and any additional terms Carta or its Affiliates present when an order is placed. (837 words)
- [How to terminate stakeholders in Carta | support.carta.com](/content/support/s/article/terminate-stakeholders-update/index.html): How to terminate stakeholders in Carta If an employee with unvested equity awards is terminated, you’ll also need to update their status on the company’s stakeholder ledger. This step ensures that they no longer earn unvested shares, and that those shares are returned to the equity pool.Company admins can also use this opportunity to update the person’s relationship from “Employee” to “Ex-employee.”When you terminate a stakeholder and their holdings expire, they remain listed as a stakeholder; however, they do not count toward the company's active stakeholder count used for subscription purposes. Stakeholder records are not removed when holdings expire, they remain for historical purposes. If the stakeholder has active holdings of any sort, they will remain counted toward the stakeholder count used for subscription purposes.Select an option below for more info. (84 words)
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- [Troubleshooting | support.carta.com](/content/support/kb/en/troubleshooting-426281/index.html): How to reset your two-factor authentication (2FA), How to recover access to your Carta account, How to reset your Carta password, How to troubleshoot issues logging into Carta, How to find your Carta support PIN, How to troubleshoot the "Empty Account" page (96 words)
- [Adding or Updating Documents Attached to Securities Carta | Carta Community](/content/community/c/how-to-videos/adding-or-updating-documents-attached-to-securities.html): Stay compliant with adding or updating documents attached to securities. Step-by-step guidance for founders and admins using Carta's equity management platform. (20 words)
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- [Using the Equity Plan Report's Rollforward tab | Carta Community](/content/community/c/how-to-videos/using-the-equity-plan-report-s-rollforward-tab/index.html): Understand how to use the Rollforward tab to track changes to shares, grants, cancellations, and exercises. (23 words)
- [Accepting your first security on Carta | Carta Community](/content/community/c/how-to-videos/accepting-your-first-security-on-carta/index.html): Welcome to Carta! You're probably here because your company just issued you your first digital security. Follow these steps to register an account and accept your equity into your portfolio after receiving an email invitation. (44 words)
- [Manually Connecting Your Company's ACH | Carta | Carta Community](/content/community/c/how-to-videos/manually-connecting-your-company-s-ach/index.html): Learn how to manually connecting your company's ach. Step-by-step guidance for founders and admins using Carta's equity management platform. (50 words)
- [What happens to stock when a company is bought?](/content/sg/en/learn/equity/liquidity-events/acquisition/index.html): When your company is acquired, learn what happens to your vested and unvested stock options, and what to look for when you get issued equity. (1,320 words)
- [Start Here: Your Guide to the Carta Community | Carta Community](/content/community/c/start-here/start-here-your-guide-to-the-carta-community/index.html): Explore 👋 start here: your guide to the carta community in the Carta Community. Get expert guidance on equity management, cap tables, and compliance. (200 words)
- [How to Modify Securities in Carta: Edit Grants, Vesting Schedules & Terms | Carta Community](/content/community/c/how-to-videos/modifying-securities/index.html): Learn how to modify any security type individually or in bulk, including vesting schedules, exercise prices, and grant terms. (19 words)
- [Switching between Carta accounts | Carta Community](/content/community/c/how-to-videos/switching-between-carta-accounts/index.html): Learn how to navigate the platform and switch between portfolios or from portfolio to company account (23 words)
- [Getting started with Carta | Carta Community](/content/community/c/how-to-videos/getting-started-with-carta/index.html): Discover what it means to have equity in your company, and how to manage it effortlessly with Carta. Access your online portfolio anytime, receive electronic certificates and option grants, and handle paperwork electronically, all in one place. Learn m... (46 words)
- [New to Carta? Start here | Carta Community](/content/community/c/start-here/new-to-carta-start-here/index.html): ,  (9 words)
- [Responsible Disclosure Policy | Legal Hub](/content/uk/en/security/responsible-disclosure-policy/index.html): At Carta we are committed to keeping our customers’ data secure and private. We take security seriously and to demonstrate that security is a priority to us we ensure that our Responsible Disclosure Policy allows the independent security researchers an opportunity to engage with us and notify us of potential security threats impacting the safety of our customers’ data., Bugcrowd's bug bounty and vulnerability disclosure platform connects the global security researcher community with your business. Crowdsourced security testing, a better approach! Run your bug bounty programs with us. (698 words)
- [How to create an equity education program](/content/sg/en/learn/startups/compensation/employee-equity/education-program/index.html): Carta makes it easy for employees to understand equity compensation. Get resources that explain equity for your equity education program. (1,311 words)
- [Carta Europe Privacy and Data Protection](/content/uk/en/legal/privacy/carta-europe-gdpr-compliance/index.html): Carta Europe Privacy and Data Protection (429 words)
- [Carta CRM - Google Integration | support.carta.com](/content/support/kb/guide/en/carta-crm-google-integration-nynancv7bv/steps/5740089/index.html): Carta CRM - Google IntegrationCarta CRM is a relationship and deal management platform built for private capital firms. It helps investment professionals manage deals, investor relationships, and communications in one place.What the Google Integration doesWhen you connect your Google account to Carta CRM, the integration allows you to:View email history on deal and contact records — relevant email threads are surfaced directly on deal pages and contact profiles, so you can see full correspondence without leaving the app.View attendees and calendar event details from past and upcoming meetings on Contacts, Investors, Deals and Companies so you can preserve meeting context on investing and fundraising in the CRM.Send emails from within Carta CRM — compose and send emails to counterparties, portfolio companies, and LPs directly from a deal page or contact profile.Create and manage drafts — draft outreach from a deal page and save it to Gmail for final review before sending.Carta CRM does not use Gmail data for advertising, profiling, or any purpose beyond the features described above. (176 words)
- [Carta System Status Status - Elevated errors](/content/status/incidents/fcvjj79mcwsx/index.html): Carta System Status's Status Page - Elevated errors. (93 words)
- [Compensation Strategy: Definition & How-to Guide](/content/sg/en/learn/startups/compensation/compensation-strategy/index.html): Learn how to design a compensation strategy for your startup, from defining your core strategy to building a fair and scalable plan that attracts top talent. (1,202 words)
- [Setting User Permissions | Carta | Carta Community](/content/community/c/how-to-videos/setting-user-permissions/index.html): Learn how to setting user permissions. Step-by-step guidance for founders and admins using Carta's equity management platform. (35 words)
- [Courses & Learning Paths | Carta Community](/content/community/c/start-here/courses/index.html): Follow guided, self-paced learning paths that walk you through 
the essentials of managing your cap table in Carta.

What you’ll find 

Short, self-paced courses aligned to key company milestones

Clear progression by topic and company stage

Flexibili... (85 words)
- [Common Employee Stock Option Tax Questions](/content/sg/en/learn/startups/compensation/employee-equity/employee-questions/index.html): Learn how to think about answering questions about stock options and taxes—and when you should direct employees to a third-party Equity Tax Advisor. (1,071 words)
- [Understanding a 409A Valuation Report (Free Example)](/content/sg/en/learn/startups/equity-management/409a-valuation/report/index.html): Everything you need to know about reading a 409A valuation report. We walk you through what to look for and offer a sample report for review. Learn more. (528 words)
- [What are the most common structures for portfolio company equity in PE? ](/content/sg/en/data/pe-portco-equity-structures-2024/index.html): Equity vesting schedules vary widely in PE-backed companies based on structure. Learn how corporations and LLCs approach equity grants, cliffs, and timelines. (1,077 words)
- [Carta Community Welcome Checklist | Get Started in Minutes | Carta Community](/content/community/c/welcome-checklist/index.html): Complete your Carta Community setup with our quick-start checklist. Connect with founders, explore resources, and make the most of your membership. (34 words)
- [How to set up two-factor authentication (2FA) | support.carta.com](/content/support/kb/guide/en/how-to-set-up-two-factor-authentication-2fa-tedw9dkz2v/steps/3716552/index.html): How to set up two-factor authentication (2FA)Carta is strongly committed to protecting the security, privacy, and confidentiality of your information, which is why you’ll be prompted to set up two-factor authentication (2FA) when registering your account. This added layer of security helps prevent unauthorized users from gaining access to your Carta data even if they have your username and password.Click on a topic to learn more. (102 words)
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- [Join the conversation | Carta Community](/content/community/c/start-here/join-the-conversation/index.html): Start by posting your questions within#Ask & Share  (13 words)
- [Supplier Procurement Terms | Legal Hub](/content/uk/en/legal/supplier-information/supplier-procurement-terms/index.html): Supplier procurement terms and conditions. (5,440 words)
- [Startup salaries vs. cost of living | Carta](/content/sg/en/data/startup-salaries-cost-of-living/index.html): Startup employees outside San Francisco get more bang for their buck. Carta data shows how base salaries compare to cost of living in top U.S. cities. (1,440 words)
- [New attitudes toward equity are changing the compensation equation | Carta](/content/data/equity-compensation-2024/index.html): In a new-look venture climate, stock options and other types of company equity might be losing some of their luster in the eyes of employees. (952 words)
- [QSBS enters the chat](/content/uk/en/policy/policy-weekly-01-31-25/index.html): The Qualified Small Business Stock exclusion for shareholders faces potential threats amid tax reform cost pressures. Here's why it must be preserved, and what it means for the innovation economy. (1,263 words)
- [Employee Attrition: Types, Causes & Trends for Startups](/content/sg/en/learn/startups/compensation/employee-attrition/index.html): Learn about employee attrition and how it can impact your company's growth. Calculating attrition rate can help you track departure trends overtime.




 (1,693 words)
- [Say Hello | Carta Community](/content/community/c/say-hello/index.html): Explore Say Hello space in Carta Community (13 words)
- [Carta Law Complaints Policy | Legal Hub](/content/uk/en/legal/compliance/carta-law-complaints-policy/index.html): We aim to provide a high-quality service to all of our clients at all times. If you have any concerns with our service, the level of our fees, or with the way in which we have dealt with any matter we have worked on, please first contact your Lead Lawyer or other primary relationship contact, who will handle your complaint or refer it internally to an appropriate member of staff.  (429 words)
- [Annual Equity Report 2023 by Carta](/content/data/equity-report-2023/index.html):  Annual equity report 2023 (1,273 words)
- [Modern Slavery Act | Legal Hub](/content/uk/en/legal/compliance/modern-slavery-act/index.html): As a provider of legal services, we do not have long or complex supply chains - our main suppliers are providers of office supplies and support services (such as reprographics, transcription services, printing and scanning), IT and technology services and equipment and facilities management. We are nevertheless committed to preventing acts of modern slavery and human trafficking from occurring within both our business and our supply chain. (451 words)
- [How to register for a Carta account | support.carta.com](/content/support/kb/guide/en/how-to-register-for-a-carta-account-ueomnbuyj0/steps/3724517/index.html): How to register for a Carta accountWelcome to Carta! If you've received an invitation to access a portfolio, accept a role as a board member, or accept a security, you'll need an account.Have you ever created a Carta account before?​​​​ (46 words)
- [Trump’s tax bill jeopardizes carried interest](/content/uk/en/policy/policy-weekly-05-09-25/index.html): Carta, innovation orgs push SEC on capital formation agenda. (1,639 words)
- [How to Add, Edit, and Manage Contacts in Carta CRM | support.carta.com](/content/support/kb/guide/en/how-to-add-edit-and-manage-contacts-in-carta-crm-g2pgvco9vx/steps/5787058/index.html): How to Add, Edit, and Manage Contacts in Carta CRMThe Contacts module is your directory of individuals across your firm's network — bankers, portfolio company staff, advisors, and staff at your limited partners. Contacts can be linked to Deals, Investors, and Notes, making them the connective tissue of your CRM. This article covers how to navigate the module, add and edit contacts, understand contact fields, and use lists to organize your network. (73 words)
- [Carta Europe Terms of Use | Legal Hub](/content/legal/terms-agreements/carta-europe-terms-use/index.html): These Terms of Use, together with any other information referred to in it, (the “Agreement”) is an agreement between Vauban Technologies Limited (“we” or “Carta Europe”), and you as a natural person (“you”), and contains the terms and conditions that govern your access to and use of the Website, its content, services, documents, information and applications (“the Services”), to which you may have access by using the website https://carta.com/uk/en/ and associated pages and sites (“the Website”, “our site”), or otherwise. (2,477 words)
- [Carta Europe Email Policy | Legal Hub](/content/uk/en/legal/privacy/carta-europe-email-policy/index.html): Emails from Carta Europe: When you sign up with Carta Europe, we will ask you for your consent to enroll you in our subscription lists, including, but not limited to: product, support, promotions, and sales-related emails. (279 words)
- [How Equity-Holding Employees Can Prepare for an IPO](/content/sg/en/learn/equity/liquidity-events/ipo/index.html): If your company is going public soon, here's what you can do to be IPO-ready. (1,494 words)
- [Carta Europe Data Security and Privacy | Legal Hub](/content/uk/en/security/carta-europe-data-security-privacy/index.html): Your security is our priority. Carta Europe is designed with data protection at its core. Our internal policies, privacy features and testing protocols ensure your data is managed safely and compliantly. (328 words)
- [How Forecastr Quickly Funded a Major Product Relaunch with Carta Deal Closings](/content/customer-stories/forecastr/index.html): Forecastr, a financial planning and analysis software provider, wanted to close quickly on a $5 million funding round. The company was relaunching its platform, rebuilding the entire backend in response to customer feedback and other demand signals.  (1,160 words)
- [Carta Law Complaints Policy | Legal Hub](/content/uk/en/legal/compliance/carta-law-legal-regulatory-information/index.html): We aim to provide a high-quality service to all of our clients at all times. If you have any concerns with our service, the level of our fees, or with the way in which we have dealt with any matter we have worked on, please first contact your Lead Lawyer or other primary relationship contact, who will handle your complaint or refer it internally to an appropriate member of staff.  (213 words)
- [Board Deck Template & Board Meeting Tips](/content/uk/en/learn/startups/private-companies/board-of-directors/board-deck/index.html): Learn how to run an effective board meeting and download our free board meeting deck template. (834 words)
- [Salary Benchmarking for Startups: How To Offer Competitive Compensation](/content/sg/en/learn/startups/compensation/benchmarking/index.html): Learn how salary benchmarking helps startups attract and retain talent by setting fair, competitive compensation. This guide covers key factors, implementation strategies, and solutions for effective salary and equity planning. (1,134 words)
- [Carta Europe Service Partners | Legal Hub](/content/uk/en/legal/privacy/carta-europe-service-partners/index.html): This page lists the partners with whom we may share your account contact data with according to our Customer Agreement §3.4. (113 words)
- [HR leaders grapple with the startup equity gap | Carta](/content/sg/en/data/hr-leaders-navigating-startup-equity-gap/index.html): A look at why the data on equity compensation isn’t so equitable—and how equity could help bridge the wealth gap. (1,279 words)
- [Job Leveling: The Solution to Compensation Pains](/content/sg/en/learn/startups/compensation/job-leveling/index.html): Creating a job leveling framework to fairly compensate employees is an often-overlooked part of team building. Explore our free job leveling guide to get started. (1,198 words)
- [Employee Stock Purchase Plan (ESPP): How ESPPs Work](/content/sg/en/learn/equity/espp/index.html): An employee stock purchase plan, or ESPP, is a program public companies can offer that allows you to buy shares of your company’s stock. Learn more. (783 words)
- [QSBS Terms and Conditions | Legal Hub](/content/legal/terms-agreements/qsbs-terms-conditions/index.html): By executing an Order Form that references these QSBS Terms and Conditions (this “Agreement”), you agree to terms and conditions in this Agreement and will be referred to as “you” or “Customer” in this Agreement. (1,411 words)
- [Transfer Agent Terms and Conditions | Legal Hub](/content/legal/terms-agreements/transfer-agent-terms-and-conditions/index.html): These Transfer Agent Terms and Conditions (these “Transfer Agent Terms”) govern the transfer agent services under the Master Subscription Agreement (the “Agreement”) between Carta and the Customer.  Defined terms not otherwise defined in these Transfer Agent Terms shall have the meanings assigned to them in the Agreement. (2,256 words)
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- [Trends in 409A valuations | Carta](/content/sg/en/data/trends-409a-valuations-2023/index.html): After rocketing to record highs throughout 2021 and into early 2022, pre-money valuations have slid at every fundraising stage. Our first Trends in 409 Valuations report offers insight into how this volatility has affected 409A valuations. (1,132 words)
- [Market Value Insights Terms and Conditions | Legal Hub](/content/legal/terms-agreements/market-value-insights-terms-conditions/index.html): By executing an Order Form that references these Market Value Insights Terms and Conditions (these “Market Value Insights Terms”), you agree to these Market Value Insights Terms and will be referred to as “you” or “Customer” in these Market Value Insights Terms. “Party” or “Parties” shall mean, individually, Customer or Carta Valuations LLC (“Carta Valuations”) as the context requires and, collectively, Customer and Carta Valuations. (2,185 words)
- [Carta System Status Status - Incident History](/content/status/history/index.html): Carta System Status's Incident and Scheduled Maintenance History (98 words)
- [Carta System Status Status - SSO login errors](/content/status/incidents/jk5n00ql17cs/index.html): Carta System Status's Status Page - SSO login errors. (84 words)
- [How to settle RSUs | support.carta.com](/content/support/s/article/settle-rsus-individually/index.html): How to settle RSUsFull Access administrators are able to manually process the settlement of RSUs in Carta.RSU settlement cannot be initiated from the holder's end. This action is processed only by company administrators. Navigate to Essentials → Manage equity → RSUs. (65 words)
- [Generative AI at Carta | Legal Hub](/content/uk/en/security/generative-ai-at-carta/index.html): At Carta, we are committed to leveraging innovative technologies to enhance our products and services. While we currently do not provide proprietary machine learning and artificial intelligence models, we sometimes leverage such tools and services provided by trusted third-party vendors. (235 words)
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- [IRS Form 6251 Instructions: Determining AMT](/content/uk/en/learn/equity/stock-options/taxes/form-6251/index.html): IRS Form 6251 is a worksheet that helps you determine if you owe AMT and how much. You can also calculate your estimated AMT using our AMT calculator. (382 words)
- [Equity Transaction Payment Terms | Legal Hub](/content/legal/terms-agreements/equity-transaction-payment-terms/index.html): By electing to enable security holders to pay for or purchase securities, including but not limited to options exercises, utilizing Carta’s payments features, Customer is agreeing to these Equity Transaction Payment Terms (“Terms”), which are in addition to the terms in the Master Subscription Agreement (“MSA”) in place between Customer and Carta. (1,788 words)
- [Carta Partners with Odyssey Transfer and Trust Company](/content/sg/en/blog/carta-odyssey-partnership/index.html): Odyssey will become Carta’s preferred transfer agent partner, aligning world-class cap table management and IPO readiness with public transfer agent services and shareholder solutions. (478 words)
- [Request Demo | Carta Total Compensation ](/content/sg/en/demo/total-comp/index.html): Turn compensation into your competitive advantage with Carta Total Comp. Request a demo to get started today. (502 words)
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- [A Better Job Offer Letter Template [Free Download]](/content/sg/en/learn/startups/compensation/offer-letter/index.html): At Carta, we think offer letters are a great place to educate employees about startup equity. See ours and download our job offer letter template for free. (455 words)
- [Equity Advisory Terms of Service Addendum | Legal Hub](/content/legal/terms-agreements/equity-advisory-terms-service-addendum/index.html): This Addendum (“Addendum”) modifies and is incorporated into the Terms of Service by and between Customer (“you”, or “your”) and eShares, Inc. DBA Carta, Inc. (“Carta”, “we” , “us”, “our”) and contains additional terms in connection with our educational equity advisory service (“Equity Advisory Service”).  (1,302 words)
- [State of Startup Compensation: H1 2025](/content/sg/en/data/startup-compensation-h1-2025/index.html): In the first half of 2025, startup salaries have risen—especially for legal, product, and AI roles— while equity packages remain static. Hiring has slowed in most sectors except hardware, as companies focus on leaner teams and more strategic growth. (1,031 words)
- [Automatically Expense Awards with Event-Based Performance Conditions - Carta Release Notes - Product Updates](/content/releasenotes/automatically-expense-awards-with-event-based-performance-conditions-xspz6.html): What’s new?Starting August 10, 2023, companies that issue NSOs and RSUs with event-based performance conditions attached to their vesting s... (414 words)
- [How to Close a Business: Company Dissolution for Founders](/content/sg/en/learn/startups/exit-strategies/dissolution/index.html): Learn how to close a business with actionable steps to help you navigate every phase of the company dissolution process. For more information, download our "Dissolutions eBook," a free checklist and guide for founders. (1,318 words)
- [How Dynasty Builds a Strong Startup Team with Carta Total Compensation](/content/sg/en/customer-stories/dynasty/index.html): Dynasty, a San Jose-based online platform for trust creation and management, scaled quickly in its first two years, a result of its tightly knit staff working in lockstep. (826 words)
- [Total Rewards Statement: What's Included & Examples](/content/sg/en/learn/startups/compensation/total-rewards-statement/index.html): A total rewards statement shows employees the annual value of their total compensation package. See examples to get started. (736 words)
- [Get Capitalization Table](/content/docs/api-platform/reference/v1alpha1issuersgetcapitalizationtable/index.html): Scope(s): read_issuer_capitalizationtablesummary
Retrieve an issuer's capitalization table by share class.
This view of the capitalization table contains information about the issuer's outstanding securities broken down by share classes. (276 words)
- [Manage Your Equity Pool with Carta’s New Hire Equity Forecast Report](/content/sg/en/product-updates/equity-forecast-report/index.html): Effortlessly calculate the shares you’ll need for your hiring plan, minimize dilution, and share the insights with your team and board. (565 words)
- [VC Masterclass: Navigating Liquidity and LP Communication in 2026](/content/uk/en/events/vc-masterclass-liquidity-lp-communication/index.html): Carta, Hannah Grey, and Kline Hill Partners discuss 2025 fund performance, liquidity strategy, and LP communication in a constrained exit environment., Host the world live on your website. (400 words)
- [Sample Application](/content/docs/api-platform/docs/sample-app/index.html): Sample application using OAuth 2.0 (723 words)
- [List Restricted Stock Awards](/content/docs/api-platform/reference/v1alpha1issuerslistrestrictedstockawards/index.html): Scope(s): read_issuer_securities OR readwrite_issuer_securities
Retrieve restricted stock awards. (239 words)
- [What is Form 1099-B? Reporting Proceeds from Broker Transactions](/content/learn/equity/stock-options/taxes/form-1099-b/index.html): Did you receive Form 1099-B from your broker-dealer? Learn more about Form 1099-B and who receives it in this overview. (769 words)
- [Continuation Vehicles in the Crosshairs: Policy Weekly 6/26/26](/content/policy/policy-weekly-06-26-26/index.html): Plus, Washington starts drawing AI’s new perimeter. (2,230 words)
- [Why you should regularly review your compensation plan](/content/sg/en/learn/startups/compensation/compensation-plans/review/index.html): Your compensation plan is a living document. It’s important to conduct a regular compensation review to retain employees and stay competitive. (1,239 words)
- [How to request a 409A valuation | support.carta.com](/content/support/s/article/data-for-409a/index.html): How to request a 409A valuationThe 409A request form will outline all necessary items, but generally includes historical financials, forecasted financials, qualitative aspects of the business, and verification that the company’s cap table is up to date on Carta. Click here to download a detailed preparation checklist. As of June 2023, Carta has introduced the new dynamic 409A request form depicted below that eliminates the need for early stage companies to provide information that is not necessary to complete their valuation. Currently, this form is available to half of all Carta companies.  If you are an LLC customer, click the link below.  (91 words)
- [What is Carta’s Financial Reporting Value (FRV)? | support.carta.com](/content/support/s/article/financial-reporting-value/index.html): What is Carta’s Financial Reporting Value (FRV)? Carta’s Financial Reporting product has a separate fair value table to track the different values used for the Financial Reporting tool.  In most cases, valuations are prepared to cover both tax and financial reporting purposes, in order to support the accurate application of diverging tax regulatory guidelines (409A) and GAAP (ASC 718). However, some companies will have a need for these tables to not be exact copies of each other. Beginning November 2024, Carta began automatically syncing the Financial Reporting Value (FRV) to changes in the 409A Valuations Page. This syncing can be overridden if appropriate for your company. Select an option below to learn more. (113 words)
- [Equity Advisory Product-Specific Terms | Legal Hub](/content/legal/terms-agreements/equity-advisory-product-specific-terms/index.html): The Agreement consists of these Carta Equity Advisory Product Specific Terms (which may be updated from time to time), the eShares, Inc. DBA Carta, Inc. (“Carta”) Master Subscription Agreement (the “MSA”) that Customer accepted, and any additional terms Carta or its Affiliates present when an order is placed. (837 words)
- [Get Capitalization Table](/content/docs/api-platform/reference/v1alpha1investorsgetcapitalizationtable/index.html): Scope(s): read_investor_capitalizationtables
Retrieve a capitalization table for a given firm, fund, and investment.
Using the same company ID as the capitalization table ID will return the primary capitalization table.The primary capitalization table is the capitalization table administered by the … (1,167 words)
- [Job Leveling Guide](/content/learn/resources/job-leveling-guide/index-2.html): Don't design your job leveling framework from scratch. Carta's job leveling guide offers a practical structure for individual contributors (ICs) and managers, complete with role-specific competencies. (119 words)
- [Get Restricted Stock Unit](/content/docs/api-platform/reference/v1alpha1issuersgetrestrictedstockunit/index.html): Scope(s): read_issuer_securities OR readwrite_issuer_securities
Retrieve a restricted stock unit. (377 words)
- [List Convertible Notes](/content/docs/api-platform/reference/v1alpha1investorslistconvertiblenotes/index.html): Scope(s): read_investor_securities
Retrieve convertible notes and SAFEs issued by an investment company to a fund within a firm.
This endpoint also supports returning convertible notes and SAFEs across all funds of a firm if the caller submits a - (dash) character for the fund ID. (812 words)
- [How Fintech Startup Codat Uses Carta to Keep Employee Equity in Check](/content/sg/en/customer-stories/codat/index.html): Since launching in the UK in 2017 and scaling up to Series C, Codat has become a truly international business. Today, its team of 150 employees across London, New York and Australia serve a global clientele of banking giants and fledgling fintechs. (871 words)
- [Get Convertible Note](/content/docs/api-platform/reference/v1alpha1issuersgetconvertiblenote/index.html): Scope(s): read_issuer_securities OR readwrite_issuer_securities
Retrieve convertible note. (254 words)
- [Tender Offer Templates | Carta](/content/sg/en/learn/resources/tender-offer-template/index.html): Download free tender offer templates from Carta, including Offer to Purchase and Letter of Transmittal documents for both third-party buyer and company buyback scenarios. (288 words)
- [List Restricted Stock Units](/content/docs/api-platform/reference/v1alpha1issuerslistrestrictedstockunits/index.html): Scope(s): read_issuer_securities OR readwrite_issuer_securities
Retrieve restricted stock units. (1,645 words)
- [Electronic Signature Terms and Conditions | Legal Hub](/content/legal/terms-agreements/electronic-signature-terms-conditions/index.html): By agreeing to this Electronic Signature Agreement (this “Agreement”), you consent to using electronic signatures on Carta (the “Company”), and you are signing this Agreement electronically. You agree your electronic signature is the legal equivalent of your manual signature on this Agreement, and you consent to be legally bound by this Agreement’s terms and conditions. (730 words)
- [List Certificates](/content/docs/api-platform/reference/v1alpha1investorslistcertificates/index.html): Scope(s): read_investor_securities
Retrieve certificates issued by an investment company to a fund within a firm.
This endpoint also supports returning certificates across all funds of a firm if the caller submits a - (dash) character for the fund ID. (591 words)
- [Supplier Information Security Standards | Legal Hub](/content/legal/supplier-information/supplier-security-requirements/index.html): These Supplier Information Security Standards (the “Standards”) list the minimum security controls that Carta’s Suppliers are required to adopt when (a) accessing Carta facilities, networks, and/or information systems, (b) handling Carta confidential information, and/or processing Carta data on Supplier’s systems, or (c) having custody of Carta hardware assets. (3,392 words)
- [2026 Policy Outlook: Implications for private equity](/content/policy/policy-outlook-private-capital-ecosystem-2026/index.html): Private equity's policy environment just shifted in your favor. The INVEST Act, SEC reforms, and retail access are expanding opportunities—but also regulatory scrutiny. Here's what 2026 holds for PE firms. (3,687 words)
- [Event Code of Conduct | Legal Hub](/content/legal/terms-agreements/event-code-of-conduct/index.html): By attending a Carta event (in-person or virtual), including any of the events or activities organized by Carta in association with the Carta event (collectively the “Event”), you represent that you have read, understand and agree to the following Carta Event Code of Conduct (hereinafter “Code of Conduct”).This Code of Conduct applies to all attendees, speakers, exhibitors, sponsors, organizers, staff, and volunteers (collectively “Event Participants”) at the Event. (557 words)
- [Get Option Grant](/content/docs/api-platform/reference/v1alpha1issuersgetoptiongrant/index.html): Scope(s): read_issuer_securities OR readwrite_issuer_securities
Retrieves an option grant. (695 words)
- [Direct Listings Explained: Comparing Direct Listing vs. IPO](/content/sg/en/learn/startups/exit-strategies/ipo/direct-listings/index.html): Direct listings offer companies a way to provide liquidity to shareholders without diluting shares or spending a ton of money on underwriters. Learn more about direct listings vs. IPOs when going public. (433 words)
- [SAFE Investment Terms for Canadian Companies | Legal Hub](/content/legal/terms-agreements/safe-investment-terms-canadian-companies/index.html): By accessing and using the SAFE financing tool (the “SAFE Tool”) offered by eShares, Inc. DBA Carta, Inc. (“Carta”) on the Carta website and the information and materials therein (the “Content”), Customer is agreeing to these SAFE Investment Terms for Canadian Companies (“Terms”), which are in addition to the terms in the Master Subscription Agreement (“MSA”) in place between Customer and Carta. Capitalized terms used but not defined herein shall have the meaning ascribed to such terms in the MSA. (479 words)
- [Job Leveling Guide](/content/sg/en/learn/resources/job-leveling-guide/index.html): Don't design your job leveling framework from scratch. Carta's job leveling guide offers a practical structure for individual contributors (ICs) and managers, complete with role-specific competencies. (355 words)
- [Get Certificate](/content/docs/api-platform/reference/v1alpha1issuersgetcertificate/index.html): Scope(s): read_issuer_securities OR readwrite_issuer_securities
Retrieve a certificate. (535 words)
- [List Option Grants](/content/docs/api-platform/reference/v1alpha1issuerslistoptiongrants/index.html): Scope(s): read_issuer_securities OR readwrite_issuer_securities
Retrieve option grants. (785 words)
- [Compensation Philosophy Toolkit | Free Resource](/content/sg/en/learn/resources/comp-philosophy-toolkit/index.html): Stop wasting your compensation budget. This practical playbook for CFOs and people teams helps find hidden waste, standardize salary bands, and align headcount plans with private-market benchmarks. (122 words)
- [List Convertible Notes](/content/docs/api-platform/reference/v1alpha1issuerslistconvertiblenotes/index.html): Scope(s): read_issuer_securities OR readwrite_issuer_securities
Retrieve convertible notes. (294 words)
- [Third Party Data Integration Terms and Conditions | Legal Hub](/content/legal/terms-agreements/third-party-data-integration-terms-and-conditions/index.html): These Third Party Data Integration Terms and Conditions incorporate the eShares, Inc. DBA Carta, Inc. (“Carta”) Master Subscription Agreement (the “MSA”) between Carta and Customer, Carta Terms of Service (https://carta.com/terms-of-service/), and Carta Privacy Policy (https://carta.com/privacy/) (collectively, “Data Integration Terms”). (432 words)
- [Get Restricted Stock Award](/content/docs/api-platform/reference/v1alpha1issuersgetrestrictedstockaward/index.html): Scope(s): read_issuer_securities OR readwrite_issuer_securities
Retrieve a restricted stock award. (1,129 words)
- [Carta Europe Document Generation Terms and Conditions](/content/legal/terms-agreements/carta-europe-document-generation-terms/index.html): Carta Europe Document Generation Terms and Conditions (444 words)
- [CTC: Compensation strategy ebook | Carta](/content/sg/en/learn/resources/compensation-strategy-guide/index-2.html): Download our guide to building an effective compensation strategy. Learn to attract and retain talent, set option pools, pay fairly, and use equity for retention. (104 words)
- [policy/policy-weekly-06-12-26/index.html](/content/policy/policy-weekly-06-12-26/index.html) (2,650 words)
- [Get Compensation Benchmarks](/content/docs/api-platform/reference/v1alpha1compensationgetcompensationbenchmarks/index.html): Scope(s): read_compensation_benchmarks
Retrieve all compensation benchmarks based on a corporation's compensation plan in Carta Total Compensation. (706 words)
- [List Firm Performance Metrics](/content/docs/api-platform/reference/v1alpha1investorslistfirmperformancemetrics/index.html): Scope: read_investor_fundperformance
Retrieve aggregated fund performance metrics for a given firm. (577 words)
- [Pari-Passu: Definition for Startups](/content/sg/en/learn/equity/liquidity-events/liquidation-preferences/pari-passu/index.html): Pari-passu is a type of investor preference where all preferred shareholders in a company have equal distribution rights during a liquidation event. (344 words)
- [Use Firstbase to Automatically Create a Cap Table on Carta Launch | Carta](/content/product-updates/firstbase-carta-launch/index.html): Today, we’re announcing the integration of Carta Launch with Firstbase so you can focus on building your company instead of your cap table. Once you’ve (369 words)
- [List Fund Performance Metrics](/content/docs/api-platform/reference/v1alpha1investorslistfundperformancemetrics/index.html): Scope: read_investor_fundperformance
Retrieve a list of fund performance metrics for a given firm and fund. This endpoint also supports returning performance metrics across all funds of a firm if the caller submits a - (dash) character for the fund identifier. (901 words)
- [List Certificates](/content/docs/api-platform/reference/v1alpha1issuerslistcertificates/index.html): Scope(s): read_issuer_securities OR readwrite_issuer_securities
Retrieve certificates. (663 words)
- [List Stakeholders](/content/docs/api-platform/reference/v1alpha1issuersliststakeholders/index.html): Scope(s): read_issuer_stakeholders
Retrieve stakeholders.
A stakeholder is a person or entity that has been issued a security by an issuer and is, therefore, on the issuer's capitalization table. (377 words)
- [SEC 2026 Agenda Signals Relief: Policy Weekly 7/10/26](/content/policy/policy-weekly-07-10-26/index.html): Plus, SCOTUS strips agency independence. (2,582 words)
- [Get Compensation Benchmark Attributes](/content/docs/api-platform/reference/v1alpha1compensationgetcompensationbenchmarkattributes.html): Scope(s): read_compensation_benchmarks
Retrieve all valid compensation benchmark attributes based on a corporation's plan in Carta Total Compensation. (394 words)
- [List Share Classes](/content/docs/api-platform/reference/v1alpha1issuerslistshareclasses/index.html): Scope(s): read_issuer_shareclasses
Retrieve an issuer's share classes. (512 words)
- [List Investments](/content/docs/api-platform/reference/v1alpha1investorslistinvestments/index.html): Scope(s): read_investor_investments
Retrieve the company investments or portfolio companies of a given fund.
NOTE: Only investments with Cap Table data on Carta will be returned in the API responses across all environments. (239 words)
- [List Partners](/content/docs/api-platform/reference/v1alpha1investorslistpartners/index.html): Scope: read_investor_partners
Retrieves a list of partners (LPs, GPs, etc.) across all funds for a given firm. Optionally filter by fund or partner group. (502 words)
- [List Fair Market Values](/content/docs/api-platform/reference/v1alpha1issuerslistfairmarketvalues/index.html): Scope(s): read_issuer_valuations
Retrieve the fair market values of an issuer, which are the values of the issuer's securities as determined by the issuer's 409a valuations. (473 words)
- [List Cash Balances](/content/docs/api-platform/reference/v1alpha1investorslistcashbalances/index.html): Scope(s): read_investor_cashbalances
Retrieve a list of cash balances for a given firm and fund. This endpoint also supports returning cash balances across all funds of a firm if the caller submits a - (dash) character for the fund identifier. (439 words)
- [List Partner Contacts](/content/docs/api-platform/reference/v1alpha1investorslistpartnercontacts/index.html): Scope: read_investor_partners
Retrieves a list of contacts associated with partners across all funds for a given firm. Optionally filter by fund or partner. (317 words)
- [Get Stakeholder](/content/docs/api-platform/reference/v1alpha1issuersgetstakeholder/index.html): Scope(s): read_issuer_stakeholders
Retrieve a stakeholder.
A stakeholder is a person or entity that has been issued a security by an issuer and is, therefore, on the issuer's capitalization table. (261 words)
- [List Capitalization Tables](/content/docs/api-platform/reference/v1alpha1investorslistcapitalizationtables/index.html): Scope(s): read_investor_capitalizationtables
Retrieves the capitalization tables for a given firm, fund, and investment company. (454 words)
- [Headcount Planning Beyond the Budget: A Founder's Guide](/content/learn/startups/compensation/headcount-planning/index.html): This article explains how to create a strategic headcount plan that guides your hiring, manages the impact of equity on your ownership, and builds confidence with investors. (2,292 words)
- [List Corporations](/content/docs/api-platform/reference/v1alpha1corporationslistcorporations/index.html): Scope(s): read_corporation_info
Retrieve the list of corporations that a user can access Carta. (271 words)
- [List Funds](/content/docs/api-platform/reference/v1alpha1investorslistfunds/index.html): Scope(s): read_investor_funds
Retrieves the investment funds of a given investment firm. (267 words)
- [List Points of Contact](/content/docs/api-platform/reference/v1alpha1issuerslistpointsofcontact/index.html): Scope(s): read_issuer_info
Retrieve points of contact for a given issuer.
More information about issuer contacts can be found in this support article (111 words)
- [Exit Simulation Template | Carta](/content/sg/en/learn/resources/exit-simulation-template/index.html): Download Carta’s free Exit Simulation Template to model exit scenarios, assess liquidation rights, and understand how term sheet provisions impact your company’s equity and dilution. (98 words)
- [Get Issuer](/content/docs/api-platform/reference/v1alpha1issuersgetissuer/index.html): Scope(s): read_issuer_info
Retrieve an issuer. (175 words)
- [SEC issues relief to expand retail exposure to private capital; examines IPO frictions](/content/policy/policy-weekly-05-05-26/index.html): SEC issues relief to open-end funds, expanding private market access. Meanwhile, frontier AI labs partner with PE firms, forming rival joint ventures that accelerate enterprise adoption of its tools.  (2,149 words)
- [How safe is your SAFE in the QFC?](/content/blog/safes-qfc/index.html): Explore the reliability of SAFEs in Qatar's evolving VC ecosystem. Find out how the QFC provides a viable legal framework for startups and investors, ensuring the enforceability of SAFEs despite Sharia principles. (1,369 words)
- [Policy Insights: QSBS | Carta](/content/policy/policy-insights-08-13-24/index.html): QSBS incentivizes investment in startups and helps them recruit talent during their critical early stages. QSBS has proven to be a successful policy—but it can be further enhanced to benefit more employees.  (1,067 words)
- [The INVEST Act: Building for the next generation of American innovation](/content/policy/invest-act/index.html): The INVEST Act modernizes capital formation for American innovation. Passed by the House with bipartisan support, this landmark legislation broadens capital access, expands investment opportunities, and lowers IPO barriers. (1,405 words)
- [SEC increasing scrutiny on private credit—valuation is the key](/content/policy/policy-weekly-04-28-26/index.html): SEC escalates private credit scrutiny, Carta pursues 401(k) equity reform, AI preemption stalls, and data privacy bill advances—plus prediction market insider trading enforcement. (1,706 words)
- [Carta Partner and Referral Programs for Investors and Accelerators](/content/partners/vc/index.html): Top VC firms and accelerators partner with Carta. Carta's partner program makes it easy to refer companies to Carta for equity and cap table management. (292 words)
- [2025-09-26](/content/docs/api-platform/changelog/new-fields-in-partner-data-table/index.html): New fields in Partner Data table
We've expanded the Partner Data table with four new fields to improve partner management and wire instruction tracking:
Field Data Type Description FIRM_PARTNER_GROUP_NAME string Name of the partner group. EXTERNAL_PARTNER_ID varchar ID added by firm as an external i… (94 words)
- [Carta hits the Hill to expand retirement options for employees](/content/policy/policy-weekly-04-21-26/index.html): Carta meets with top regulators on the Hill to advocate for equity-based 401(k) contributions. In addition, the SEC and CFTC propose Form PF changes as private credit faces new scrutiny. (1,222 words)
- [Quarterly benchmark refresh - Q3 2025 - Carta Release Notes - Product Updates](/content/releasenotes/quarterly-benchmark-refresh-q3-2025-3ml1m4/index.html): What’s new?We have updated salary, total cash compensation, and equity benchmarks for all job areas and specializations across all peer grou... (243 words)
- [INVEST Act passes in the House with momentum toward the Senate](/content/uk/en/policy/policy-weekly-12-12-25/index.html): The House passes the bipartisan INVEST Act to expand access to private markets, as the SEC shifts leadership and regulatory tone, and the White House pushes to preempt state AI laws through executive action. (1,484 words)
- [How to use the Intercompany Balances tool | support.carta.com](/content/support/kb/guide/en/how-to-use-the-intercompany-balance-tool-8uzdxmpfhz/steps/4907077/index.html): How to use the Intercompany Balances toolIntercompany Balances centralize due to and due from balances across your entire firm structure, giving you additional clarity over your firm-level finances. As spend accumulates through Expense Allocations and intercompany journals, you always have the latest balances at your fingertips. Plus, tools for settling balances in bulk free your team to focus on analysis and strategic planning. (84 words)
- [What is a Virtual Family Office (VFO)? Powering the Modern Fund](/content/uk/en/learn/private-funds/structures/family-offices/vfo/index.html): A virtual family office (VFO) provides a modern, flexible structure for investing in private markets. Understand the operational model, core services, and technology stack required to build and manage a VFO for your investment strategy. (1,615 words)
- [blog/policy-weekly-09-05-25/index.html](/content/blog/policy-weekly-09-05-25/index.html) (1,274 words)
- [Search | Policy Desk by Carta](/content/policy/s/index.html): Carta's platform of software and services helps people manage equity, build businesses, and invest in the companies of tomorrow. Learn more. (450 words)
- [Loan Covenants in Private Credit](/content/sg/en/learn/private-funds/private-equity/strategies/private-credit-investing/loan-covenants/index.html): Learn about loan covenants, including the different types, their important role in private credit, and how you can manage compliance from both the borrower and lender perspective. (1,814 words)
- [Policy Insights: Emerging VC fund managers | Carta](/content/policy/policy-insights-09-10-24/index.html): Emerging managers are critical to expanding the innovation economy and driving U.S. competitiveness. Carta advocates for better policies to support them.
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- [2025 Carta Policy year in review](/content/policy/policy-year-in-review-2025/index.html): Carta Policy looks back on key 2025 wins—including tax reform, the INVEST Act, and SEC engagement—and previews a pivotal 2026 for private market regulation, capital access, and digital asset policy. (921 words)
- [Exercising your options | support.carta.com](/content/support/kb/en/exercising-your-options-424053/index.html): What is the effective date of my exercise?, How does the fund transfer process work when I exercise my options?, How to exercise your options on Carta’s mobile app, How to exercise your options on Carta, Exercising basics for employees, Frequently asked questions about exercising on Carta, How to exercise your options on Carta as a US option holder, How do I exercise my options as a non-US option holder?, How to cancel your exercise request, How to troubleshoot option exercise errors (121 words)
- [Waterfall Analysis: How to Model Exit Waterfalls](/content/learn/startups/exit-strategies/waterfall-analysis/index.html): Learn how to model exit scenarios using waterfall analysis. Waterfalls help investors predict how shareholders would be paid out at a future liquidity event. (1,108 words)
- [FinCEN’s AML Rule for Investment Advisers: What You Need to Know](/content/policy/fincen-aml-rule/index.html): The FCA is intensifying its focus on AML and KYC compliance in private markets. Read Carta’s guide to managing risk and aligning policies with its “Dear CEO” letter. (1,565 words)
- [How Alaan Used Carta to Turn Employees into Real Owners](/content/customer-stories/alaan/index.html):  For Dubai-based fintech startup Alaan, scaling meant building out new teams and issuing employee stock ownership plans (ESOPs) to new hires in multiple regions. (678 words)
- [Building the ERP for Private Capital: Carta Product Roadmap 2026](/content/product-updates/2026-erp-product-roadmap/index.html): In 2026, we're focusing on depth—moving beyond simple record-keeping to deliver a real-time, interconnected system of record. Here's an insight into everything Carta's product teams are building this year to cater to the complexities of private capital. (1,489 words)
- [Fund Tax Complexity: What Your Fund Structure Actually Requires](/content/uk/en/blog/fund-tax-complexity/index.html): Is fund complexity driving your tax strategy? Learn how aligning fund administration with tax operations reduces compliance risk, streamlines reconciliation, and ensures ongoing tax readiness. (1,279 words)
- [Changelog](/content/docs/api-platform/changelog/index.html) (22 words)
- [Fund I report: 2021 year in review | Carta](/content/uk/en/data/fund-i-report-2021-year-in-review/index.html): Carta’s first Fund I report analyzes how VC trends are reshaping the market for first funds and emerging managers. (2,628 words)
- [White House, SEC provide roadmaps for advancing crypto policy agenda](/content/uk/en/policy/policy-weekly-08-01-25/index.html): White House releases crypto policy recommendations and SEC outlines crypto regulatory overhaul; also, employee ownership efforts gaining momentum
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- [The KYC Onboarding Process: A Complete Guide to Compliance](/content/sg/en/learn/private-funds/regulations/aml-kyc/kyc-onboarding/index.html): Learn more about Know Your Customer (KYC) onboarding for private equity and venture capital funds, from the regulatory verification process and how to automate these workflows to protect your firm and streamline the investor experience. (2,922 words)
- [QSBS Rollovers: A Guide to the Section 1045 Rollover](/content/uk/en/learn/startups/tax-planning/qsbs/section-1045-rollover/index.html): Learn how to preserve qualified small business stock (QSBS) eligibility through an IRC Section 1045 rollover and how eligible taxpayers can report a QSBS rollover. (1,843 words)
- [Supplier Procurement Terms | Legal Hub](/content/legal/supplier-information/supplier-procurement-terms/index.html): Supplier procurement terms and conditions. (5,413 words)
- [FA Certification Program](/content/uk/en/events/fa-certification-program/index.html): Carta's free FA Certification Program offers video training modules on the fund administration platform, covering capital calls, financials, tax, and more. (396 words)
- [From Paper to Portfolio: The Executive’s IPO Playbook to Shift from Private‑to‑Public](/content/uk/en/events/executive-ipo-playbook-with-morgan-stanley/index.html): Carta and Morgan Stanley experts discuss the executive's IPO playbook, covering tax obligations, 10b5-1 trading plans, and portfolio diversification., Host the world live on your website. (890 words)
- [New: Share company financial statements via Investor Updates on Carta - Carta Release Notes - Product Updates](/content/releasenotes/new-share-company-financial-statements-via-investor-updates-on-carta-1r2dus.html): What’s New Easily and securely share financial statements as part of your investor updates. Connect directly to your accounting system, sele... (399 words)
- [Follow-On Investment: From Pro Rata to Reporting](/content/sg/en/learn/private-funds/management/portfolio-management/follow-on-investment/index.html): Learn about this key way to fund fuel growth, mitigate dilution, and support critical decisions for their portfolio companies. (668 words)
- [What is a Multi-Family Office? Guide to Structure & Operations](/content/uk/en/learn/private-funds/structures/family-offices/mfo/index.html): Learn about the operational model of a multi-family office, including its core services and the institutional infrastructure required to manage private market investments. (2,522 words)
- [FCA’s “Dear CEO” Letter Signals Scrutiny on AML/KYC Compliance](/content/policy/fca-aml-kyc-scrutiny/index.html): The FCA is intensifying its focus on AML and KYC compliance in private markets. Read Carta’s guide to managing risk and aligning policies with its “Dear CEO” letter. (526 words)
- [Rewiring Carta Fund Admin in the era of AI](/content/product-updates/ai-fund-admin-product-strategy/index.html): Technology has unlocked new possibilities, and Carta is at the forefront of the transformation of private capital markets infrastructure.  (1,091 words)
- [Common Employee Stock Option Tax Questions](/content/learn/startups/compensation/employee-equity/employee-questions/index.html): Learn how to think about answering questions about stock options and taxes—and when you should direct employees to a third-party Equity Tax Advisor. (1,067 words)
- [What's New, What's Next: Delivering Firm-wide Clarity](/content/uk/en/events/fund-admin-25-q4/index.html): Carta CEO Henry Ward recaps 2025 product launches for the office of the Fund CFO, including GP experience upgrades, custom reporting, and AI data collection., Host the world live on your website. (301 words)
- [PE Compensation Series with Davis Polk, Part 3: Management Rollovers and Incentive Equity Structures for Portfolio Companies](/content/uk/en/events/pe-compensation-series-rollovers-incentive-equity/index.html): Davis Polk and Carta experts dive into management equity rollovers, incentive pool structures, and vesting terms in private-equity-backed deals., Host the world live on your website. (259 words)
- [What’s New, What’s Next: The Connected ERP for Private Capital](/content/uk/en/events/fund-admin-26-q1/index.html): Carta leaders demo new ERP features for private capital, covering Fund of Funds tools, expense allocations, portco data collection, and deal and LP CRMs., Host the world live on your website. (372 words)
- [Introducing Portfolio Valuations: Cap tables, waterfalls, and fund accounting on one platform](/content/product-updates/introducing-portfolio-valuations/index.html): The next evolution of valuation tools streamlines processes, increases data visibility, and builds trust with LPs and auditors.
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- [The Liquidity Blueprint: How Secondaries Are Shaping Africa’s Private Markets](/content/uk/en/events/liquidity-blueprint-for-africa/index.html): Founders and investors discuss how tender offers and secondaries are becoming a sustainable pillar of long-term value creation in Africa's private markets., Host the world live on your website. (269 words)
- [What is a Fund Valuation Policy?](/content/uk/en/learn/private-funds/management/valuation-policy/index.html): A valuation policy is an outline of the approach your fund takes to determine the fair value of its portfolio company assets for financial reporting. (2,466 words)
- [PIK Interest: A Guide for Private Credit](/content/sg/en/learn/private-funds/private-equity/strategies/private-credit-investing/pik-interest/index.html): Learn about payment-in-kind (PIK) interest, a common feature in private credit, and its various structures and the strategic, operational, and tax implications for your fund. (1,115 words)
- [The 2026 Comp Playbook: Precision Budgeting, AI Skills, and Data-Driven Hiring](/content/uk/en/events/compensation-playbook-2026/index.html): Business leaders and a Carta product expert share tactics for precision compensation budgeting, pricing AI skills, and using data to guide 2026 hiring decisions., Host the world live on your website. (402 words)
- [Hosted Fund SPV Disclosure | Legal Hub](/content/legal/terms-agreements/hosted-fund-spv-disclosure/index.html): It is important that each investor who is a U.S. person (“Investor” or “you”) reads and fully understands the relevant risks related to the investments or transactions in the Carta hosted Fund and SPV products you may effect via the platform provided by Carta or its affiliates (the “Platform”). (1,306 words)
- [California’s new diversity reporting standards: What VCs need to know](/content/policy/ca-vc-diversity-reporting-2026/index.html): California will require most venture capital firms with state ties to report anonymized demographic data on founders starting this year, imposing new compliance obligations and increasing transparency across the VC ecosystem. (1,009 words)
- [Startup Taxes 101: Strategies for Navigating Equity and Startup Growth](/content/uk/en/events/startup-taxes-101-equity-growth/index.html): Part two of Carta's startup tax series covers long-term equity strategy, 83(b) elections, QSBS timing, and tax prep for due diligence and eventual exits., Host the world live on your website. (368 words)
- [How to integrate your HRIS via API | support.carta.com](/content/support/s/article/how-carta-finch-integrate/index.html): How to set up an API-based HRIS integrationCarta offers native API integrations with top software applications such as Bamboo, Gusto, Workday, Namely, Rippling, Sequoia, and TriNet, and also integrates with many more trusted HRIS providers through Merge. Integrating your HRIS via API flags pending terminations and profile updates to existing Carta stakeholders from your HR system, in addition to unlocking the power of Carta Total Comp. Best of all, it's easy to set up and can be configured in just a couple of minutes.🔐 Company account users with Full access, Company editor, or HR administrator permissions can set up an HRIS integration. (93 words)
- [Fundraising in 2026: Benchmarks, Trends, and What’s Different Now](/content/uk/en/events/fundraising-in-2026/index.html): Carta's Director of Insights and a Madrona venture partner analyze 2025 fundraising trends, including bridge rounds, dilution, and AI startup valuations., Host the world live on your website. (124 words)
- [The Private Placement Memorandum (PPM) Explained](/content/sg/en/learn/private-funds/management/ppm/index.html): Understand the private placement memorandum (PPM), the essential disclosure document for your private fund offering, including its key components, legal importance, and role as the operational blueprint for your fund administrator. (2,154 words)
- [Carta Policy Insights: Decoding the Data | Startup job creation](/content/policy/policy-insights-11-15-24/index.html): From traditional startup hubs to emerging entrepreneurial ecosystems across the country, these ventures are fueling employment opportunities, reshaping the American economy, and leading to our competitive edge.
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- [The Non-Dilutive Capital Stack](/content/uk/en/events/non-dilutive-capital-stack/index.html): Founders and lenders discuss how capital-intensive tech companies build non-dilutive capital stacks, from venture debt to credit readiness., Host the world live on your website. (402 words)
- [Founder Insights on the New Era of Software as an Action](/content/uk/en/events/modern-stack-founder-insights/index.html): Carta's VP of Product and a panel of founders discuss how agentic AI is transforming legal, accounting, and board services for the modern professional stack., Host the world live on your website. (278 words)
- [Scopes of Services | Legal Hub](/content/legal/scope-services/index.html): Explore additional information regarding Carta services and applicable terms. (345 words)
- [HR leaders grapple with the startup equity gap | Carta](/content/uk/en/data/hr-leaders-navigating-startup-equity-gap/index.html): A look at why the data on equity compensation isn’t so equitable—and how equity could help bridge the wealth gap. (1,341 words)
- [Inside Carta FA: Driving Efficiency in Fund Operations and Investor Relations](/content/uk/en/events/inside_carta_fund_admin/index.html): Carta leaders walk through the Fund Administration platform's capital call workflows, portfolio visualization, and investor relationship tools for modern fund managers., Host the world live on your website. (315 words)
- [Driving Digital Transformation in the Middle Office](/content/uk/en/events/digital-transformation-middle-office/index.html): Carta explains how digitizing middle-office workflows can turn manual portfolio monitoring, valuations, and reporting into a competitive, data-driven advantage., Host the world live on your website. (213 words)
- [Fund Economics: Demystifying Operations, Fees, and Expenses](/content/uk/en/events/fund-economics-report-2025/index.html): Carta's Insights team shares findings from its first Fund Economics Report, covering capital calls, deployment rates, management fees, and carry across 2,000 funds., Host the world live on your website. (100 words)
- [QSBS Stacking & Packing Benefits for Founders at Exit](/content/uk/en/learn/startups/tax-planning/qsbs/stacking-packing/index.html): QSBS stacking and packing strategies increase tax exclusion by multiplying shareholders and raising cost basis through gifting, trusts and entity conversions. (2,438 words)
- [Cap Tables and Dilution for Startup Founders](/content/uk/en/events/cap-tables-for-startup-founders/index.html): Carta, shipshape.vc, and Goodwin break down real funding scenarios, covering term sheets, valuations, option pools, and founder equity decisions., Host the world live on your website. (297 words)
- [The Debt-to-Equity Ratio: Definition & Calculation](/content/sg/en/learn/startups/fundraising/debt-financing/debt-equity-ratio/index.html): Debt-to-equity ratio measures a company’s debt relative to shareholders’ equity, showing financial risk and capital structure at a glance. (1,995 words)
- [Driving Fund Decisions with Visual Accounting](/content/uk/en/events/fund-decisions-visual-accounting/index.html): Carta CEO Henry Ward and Sahas Singh introduce Visual Accounting, an interactive operating surface built on the Entity Map for tracking fund waterfalls., Host the world live on your website. (263 words)
- [How to Sell Private Company Stocks](/content/uk/en/learn/equity/liquidity-events/selling-private-company-stock/index.html): If your company isn’t public, selling shares can be complicated. Learn how to sell stocks in a private company through tender offers and secondary transactions. (1,535 words)
- [How zSpace Tapped Carta IPO Advisory for Its Transition to the Public Markets](/content/customer-stories/zspace/index.html): When San Jose-based education-technology platform zSpace began planning the process of becoming a public company, it thought selecting an IPO advisory service provider would be a relatively easy task. (859 words)
- [RAISE Emerging Manager Fund Analysis](/content/uk/en/events/raise-fund-analysis/index.html): Scott Dubin of RAISE and Carta's Peter Walker discuss top-decile fund performance among emerging VC managers and shifting fund economics under LP pressure., Host the world live on your website. (232 words)
- [Congress, Compliance & Venture Capital: A Fund Manager's Guide to the Shifting Policy Landscape](/content/uk/en/events/congress-compliance-venture-capital/index.html): Policy experts discuss how shifting capital formation and AI regulations, including the INVEST Act and SEC agenda, affect fund managers and portfolios., Host the world live on your website. (336 words)
- [Introducing Carta Law: AI-Native Legal & Compliance Operations for Private Capital](/content/uk/en/events/carta-law/index.html): Carta introduces Carta Law, an AI-native legal and compliance platform for private capital, discussed by CEO Henry Ward and Carta Law's James Sutton., Host the world live on your website. (302 words)
- [Running a Smarter Fund with AI: From Fund Data to Faster Decisions](/content/uk/en/events/smarter-fund-with-ai/index.html): Carta leaders demo how AI is reshaping fund operations, from back-office workflows to investment decisions, including Carta's new Claude plugins., Host the world live on your website. (439 words)
- [Introducing Carta's Plugins for Claude](/content/uk/en/events/carta-plugins-for-claude/index.html): Carta introduces plugins for Claude, giving fund managers a way to query live fund data and metrics directly through natural-language AI conversations., Host the world live on your website. (404 words)
- [Q1 Venture Capital Review: From SAFEs to Exits](/content/uk/en/events/25q1-venture-capital-review/index.html): Carta's Insights team breaks down Q1 2025 data on fundraising volume, dilution, and exits from the State of Pre-Seed and State of Private Markets reports., Host the world live on your website. (228 words)
- [Capital Is Up. Hiring Is Down. The New Rules of Startup Comp.](/content/uk/en/events/new-rules-startup-comp-2026/index.html): Sequoia and Carta experts break down the latest data on capital, hiring, and equity compensation trends shaping startup pay in 2026., Host the world live on your website. (97 words)
- [What’s New, What’s Next: Optimize How You Run, Raise, and Close Your Fund](/content/uk/en/events/whats-new-fund-admin-26-q2/index.html): Carta leaders demo new ERP features for private capital, including a visual accounting dashboard, in-app CRM agents, and document intelligence tools., Host the world live on your website. (403 words)
- [From First Meeting to Final Close: The Power of a Connected CRM](/content/uk/en/events/connected-crm/index.html): Carta CEO Henry Ward and Head of CRM Ihar Valodzin demo Carta's new CRM, connecting deal flow and LP relationships to fund performance data., Host the world live on your website. (293 words)
- [Australian Budget 2026: New Caps, New Rules and Your Next Move](/content/uk/en/events/australian-budget-2026/index.html): A panel breaks down Australia's 2026-27 Federal Budget, covering new regulatory and tax changes affecting fund structure, licensing, and capital raising., Host the world live on your website. (196 words)
- [How Equity Crowdfunding Works for Startups](/content/learn/startups/fundraising/equity-crowdfunding/index.html): Equity crowdfunding is a type of regulated fundraising where startups raise capital from large groups of investors in exchange for small amounts of equity. (517 words)
- [The MENA Private Markets Playbook: Cap Tables, SPVs, and the Infrastructure Behind the Deal](/content/uk/en/events/mena-private-markets-playbook/index.html): Carta and Zest experts break down cap tables, SPV operations, and the infrastructure private markets need to scale deals across the MENA region., Host the world live on your website. (204 words)
- [Bootstrapping: How to Bootstrap Your Startup](/content/learn/startups/fundraising/bootstrapping/index.html): Many startup founders use their own money before seeking out funding from investors. Here's what you need to know about bootstrapping your startup. (865 words)
- [What is a Single-Family Office? Structure, Setup, & Operations](/content/uk/en/learn/private-funds/structures/family-offices/sfo/index.html): Learn how to structure and operate a single-family office, including legal formation, back-office operations, investment management, and regulatory compliance. (2,661 words)
- [Venture capital investing | Equity 101 Course](/content/equity/learn/venture-capital-investments/index.html): This video walks through the venture capital ecosystem and how companies raise money from investors. (1,601 words)
- [Are Spreadsheets Enough for Your LLC Cap Table?](/content/blog/llc-cap-table-spreadsheet/index.html): Learn why spreadsheet-based cap tables aren't designed to handle complex LLC ownership structures, and how using a purpose-built cap table management platform like Carta can help. (1,202 words)
- [Why Your Cap Table and Waterfall Must Be Natively Connected](/content/blog/llc-cap-table-waterfall/index.html): Disconnected cap tables and waterfall models slow deals and add risk. Learn why PE-backed LLCs need a connected equity system for investor readiness. (1,380 words)
- [Five Ways the Seed Market Shifted for Startups in Q3](/content/data/five-takeaways-seed-market-q3-2024/index.html): While the high-level numbers have nosed down, other key metrics—like valuations and round sizes—are trending up at the seed stage. And some of these statistics look very different across different common sectors.  (636 words)
- [IPO Readiness in 2026: The Market Outlook and How AI Is Rewriting the IPO Timeline](/content/uk/en/events/ipo-readiness-in-2026/index.html): Carta and Morgan Stanley leaders discuss IPO readiness in 2026, covering AI-driven market shifts, investor priorities, and operational readiness., Host the world live on your website. (447 words)
- [Document Generation Terms and Conditions | Legal Hub](/content/legal/terms-agreements/document-generation-conditions/index.html): By downloading, using or viewing document templates made available by eShares, Inc. dba Carta, Inc. or its affiliates (collectively, “Carta”) or generating any documents through the Carta platform (collectively, “Document Templates”), you acknowledge and agree to the following terms of use (these “Terms”). (559 words)
- [Luminary Cloud Chooses Carta for Qualified Small Business Stock (QSBS) Attestation Letter and Equity Advisory](/content/uk/en/customer-stories/luminary-cloud/index.html): Luminary Cloud was founded to help companies accelerate engineering cycles for faster insights. As the company scaled, it wanted to help prospective and current employees understand how its equity compensation plan had a potential upside that bigger companies couldn’t match. (567 words)
- [The Carta Experience: Employees | Carta Community](/content/support/kb/guide/en/customer-journey-guide-cartas-employee-experience-6pcfbxgtgf/steps/4098412/index.html): Learn how to the carta experience: employees. Step-by-step guidance for founders and admins using Carta's equity management platform. (7 words)
- [Liquidity Collection | Carta](/content/learn/collections/liquidity/index.html): Explore articles, guides, and resources to prepare for every type of private company liquidity event—from tender offers and block trades to M&As and IPOs. (239 words)
- [Employee stock ownership plans (ESOP) | Carta](/content/learn/startups/equity-management/esop/index.html): This article explores how ESOPs work in different countries. Whether you’re setting up an employee stock ownership plan, an employee share ownership plan or an employee share option plan, you’ll find answers to common questions about ESOPs. (708 words)
- [C Corp vs LLC: Key Differences & How to Choose](/content/sg/en/learn/startups/private-companies/c-corp-vs-llc/index.html): How you incorporate can have huge implications for your startup. Here’s a look at C corp vs. LLC structures, with key differences and examples for each. (662 words)
- [New regulations are spurring VC dealmaking in crypto](/content/uk/en/data/vc-crypto-q3-2025/index.html): Years of regulatory muddiness created uncertainty among crypto startups, but a wave of new regulation could represent an opening of the floodgates for VC funding.  (1,051 words)
- [Top Seed Valuations Hit Record Highs in Q2 2026](/content/data/linkedin-seed-valuations-95th-percentile-2026/index.html): The 95th percentile seed valuation reached $200M in Q2 2026, up from $72.2M a year prior—the fastest climb in a decade. (253 words)
- [Why  Pelion Venture Partners Chose Carta for Innovative Fund Admin ](/content/customer-stories/pelion-venture-partners/index.html): Trevor Lund, VP of Finance at Pelion Venture Partners, explains why he chose Carta, and what excites him about AI innovation for Fund Administration.  (264 words)
- [Continuation Funds: The CFO's Operational Playbook](/content/sg/en/learn/private-funds/structures/continuation-funds/index.html): Learn how continuation funds work, from valuation and LP elections to post-close administration, providing a playbook for managing these complex GP-led secondary transactions. (2,493 words)
- [Request a demo of Carta's integration with Ramp | Carta](/content/demo/ramp-integration/index.html): Get a demo and learn more about how to integrate Ramp expenses into your Carta financials. (44 words)
- [What Revenue Do You Actually Need for Series A](/content/data/linkedin-series-a-arr-requirements-vcs/index.html): VCs are raising the bar: a founder with $1.5M ARR today may not qualify for Series A, as data shows median ARR requirements have climbed sharply. (350 words)
- [Pay Transparency: What Companies Need to Know](/content/uk/en/learn/startups/compensation/pay-transparency/index.html): More cities and states are addressing pay discrimination by requiring pay transparency in job postings. Learn how to navigate pay transparency laws and build a compliant compensation strategy to help you attract and retain top talent. (3,334 words)
- [AI, automation, and global scale: How the smartest startups operate today](/content/blog/ai-automation-global-scale/index.html): Startups in Singapore are scaling across borders faster than ever. Understand what it really takes to scale internationally in the new AI era. (401 words)
- [Request a demo | Carta IPO Advisory](/content/demo/ipo-advisory/index.html): Streamline your transition from private to public equity management with Carta and Morgan Stanley at Work. (34 words)
- [Why Carta supports the QSBS exclusion to protect startups | Carta](/content/uk/en/policy/coalition-qsbs-exclusion/index.html): The proposed change to the QSBS exclusion would diminish employee ownership in small businesses. (866 words)
- [Request a Demo of Carta Carry](/content/demo/carry/index.html): Schedule a demo to experience the Carta Carry app, and change how you run your fund. (516 words)
- [Federal government shutters with implications for private capital ecosystem](/content/policy/policy-weekly-10-03-25/index.html): The federal government shutdown halts regulatory progress impacting private capital and startups, California's landmark AI law sets a new standard for transparency, and the SEC clarifies crypto custody rules for advisers and funds. (1,075 words)
- [Are Your Cap Table and Waterfall Investor-Ready?](/content/blog/llc-cap-table-waterfall-investor-ready/index.html): Ensure your equity data can stand up to audits, due diligence, and investor calls with tools that deliver real-time answers and eliminate spreadsheet risk. (1,453 words)
- [Subordinated Debt: Essential Guide for Private Companies and Funds](/content/sg/en/learn/startups/fundraising/debt-financing/private-credit/subordinated-debt/index.html): Learn how subordinated debt works, the interest rates it typically carries, and its impact on private company capital structures. (713 words)
- [How Mezcalum Leverages Carta and QSBS to Reduce Capital Gains Taxes for Shareholders](/content/uk/en/customer-stories/mezcalum/index.html): Alcoholic beverage startup Mezcalum used Carta’s guidance to tap into a lesser-known tax strategy benefiting its investors, founders, and employees.  (797 words)
- [Integrate your HRIS with Carta ](/content/product-updates/hris-integration/index.html): Carta now integrates with more than 100 HRIS providers. Some of the benefits are immediate—and others pay off big down the line. (300 words)
- [Distributions Management: Manage Distributions with Less Effort | Carta](/content/sg/en/equity-management/distributions/index.html): Run distributions at a faster pace. Manage calculations, tracking, and reporting from a single platform.

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- [Equity Compensation: Three Essentials You're Not Thinking About](/content/uk/en/events/equity-compensation-essentials/index.html): Carta experts cover three often-overlooked equity compensation essentials: QSBS tax savings, 409A valuation impacts, and year-end equity taxation., Host the world live on your website. (169 words)
- [How PE-backed Whistic Uses Carta to Drive Precision and Manage Equity](/content/customer-stories/whistic/index.html): Whistic, a Utah-based vendor security and third-party risk management platform, is closely focused on financial performance as it grows between funding rounds. (730 words)
- [How PE Firm Bochi Investments Leverages Carta SPVs to Capture ‘Compelling’ New Opportunities](/content/uk/en/customer-stories/bochi-investments/index.html): Bochi Investments, a private equity firm, uses Carta to manage its operations and reduce overhead costs, allowing it to invest in promising companies earlier than larger firms could justify. (925 words)
- [Employee Shareholder Bill of Rights | Carta](/content/blog/employee-shareholder-bill-of-rights/index.html): Learn about the fair equity practices that should exist for employee shareholders at venture-backed companies. Read more on the Carta blog. (760 words)
- [Glossary of basic equity terms | Equity 101 Course](/content/equity/learn/glossary/index.html): Equity jargon explained, including stock options and vesting. Keep it handy for questions about job offers, exercising shares, taxes, and building wealth. (2,929 words)
- [Policy outlook: Capital markets | Carta](/content/policy/policy-outlook-private-capital-markets-2023/index.html): Financial services will drive much of the policy debate in Congress, and capital formation will be a key focus. (2,544 words)
- [Deal by Deal: What it is and why it's booming.](/content/sg/en/learn/private-funds/structures/spv/deal-by-deal/index.html):  Learn more about deal-by-deal investment vehicles and why they are booming. (849 words)
- [Our Series E and the future of Carta | Carta](/content/blog/seriese/index.html): At Carta, we're building an ownership network that changes how assets are acquired, valued, and transacted. To propel Carta forward, we just raised our Series E. Here are the details. (415 words)
- [How to model a financing round for a portfolio company | support.carta.com](/content/support/s/article/investors-round-modeling/index.html): How to model a financing roundThe financing round modeling tool allows you to model new preferred financing rounds for your portfolio companies understand the impact it will have on the company’s capitalization structure. Before the tool can be used, cap table access at a Basic level or higher is needed. You can find this tool by navigating to the page for one of your portfolio companies and go to the Scenario modeling. (402 words)
- [How are crypto and digital assets taxed?](/content/uk/en/learn/private-funds/venture-capital/taxes/crypto-digital-asset-taxes/index.html): The IRS taxes trading, mining, or acquiring digital assets, including cryptocurrencies and NFTs. Learn how using crypto affects your 2022 tax return. (1,343 words)
- [How to contact the issuing company about a security in your personal portfolio | support.carta.com](/content/support/kb/guide/en/how-to-contact-the-issuing-company-about-a-security-in-your-personal-portfolio-qeuknuqvqz/steps/3715073/index.html): How to contact the issuing company about a security in your portfolioFrom the Portfolio page, click on the issuing company’s tile.If you have holdings in multiple companies, you may need to search the company in the search bar.Navigate to the Holdings tab.Scroll down to view the details of the holding by clicking on the image or security ID of the certificate.From the security’s information pane, navigate to the Report issue tab.Select a reason from the dropdown menu. Enter your message and click Send. The message will be sent to your company's designated Stakeholder contact. (91 words)
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- [Venture scouting – networks-based investing](/content/sg/en/learn/private-funds/structures/venture-scouts/index.html): Venture scouts are individuals external to a VC firm, who are able to identify promising startups at the early stage and pass on deal flow to venture firms. (839 words)
- [State of Private Markets: Q2 2022 | Carta](/content/data/state-of-private-markets-q2-2022/index.html): Venture capital is in a slowdown, but not a freefall. For the past two quarters, the number of rounds and the amount of cash raised on the Carta platform both (2,825 words)
- [Startup Pitch Deck Template | Carta](/content/learn/resources/startup-pitch-deck-template/index.html): For a template of what founders typically include in their fundraising deck, download our startup pitch deck template. (53 words)
- [State of Private Markets, Q3 2022 - Carta](/content/data/state-of-private-markets-q3-2022/index.html): Investors continued their retreat from the venture sector in Q3. (2,575 words)
- [Waterfall modeling for private equity firms and private companies | Carta](/content/product-updates/custom-pe-waterfall-modeling/index.html): Carta now offers PE firms and PE-backed companies a customized waterfall modeling tool that integrates directly with company cap tables. (474 words)
- [Fundraising Checklist | Carta](/content/learn/resources/startup-fundraising-checklist/index.html): Download a free fundraising checklist for founders. Learn key steps, model your fundraise, manage SAFEs, and streamline your journey with Carta Launch’s free tools. (137 words)
- [How to access your tax documents on the Android mobile app | support.carta.com](/content/support/kb/guide/en/how-to-access-your-tax-documents-on-the-android-mobile-app-9grbhxuazg/steps/3725318/index.html): How to access your tax documents on the Android mobile app Carta users can now access Forms 3921 and 1099-B from the dedicated Tax Documents section within their Account. Navigate to the Account tab on the Carta app. Under personal information, tap Tax Documents. If there are multiple portfolios, select the desired portfolio to view the related documents.Only documents that are available will be displayed within the selected portfolio in the Tax Documents section. (67 words)
- [Free Accelerator List: 100+ Global Accelerators | Carta](/content/learn/resources/accelerator-list/index.html): Download a comprehensive list of 100+ global accelerators. Find the perfect program for your startup by location or industry and unlock mentorship, capital, and resources. (116 words)
- [How do I view the estimated value of my interest? | support.carta.com](/content/support/kb/guide/en/how-do-i-view-the-estimated-value-of-my-interest-xznvxy2fx2/steps/3802745/index.html): Select an option below to learn more about estimated value. (33 words)
- [NAV Finance: A Guide to Reporting and Compliance](/content/learn/private-funds/management/nav-finance/index.html): Learn how to operationalize NAV facilities, manage collateral structures, and maintain covenant compliance with accurate valuations. (527 words)
- [Scaling Investor Onboarding: A Case Study of Carta Law](/content/customer-stories/investor-due-diligence-case-study-carta-law/index.html): See how Carta Law supported this customer's high-volume investor onboarding across UK, U.S., and EU AML regimes, processing 155 investors with zero delays. (592 words)
- [Waterfall Modeling: Guide for Deal Teams, CFOs, and Legal Advisors](/content/sg/en/learn/private-funds/management/waterfall-modeling/index.html): Learn the ins and outs of simple and complex waterfall modeling with Carta's free, comprehensive resource.  (960 words)
- [How to Operate a Successful Angel Network | Carta APAC](/content/sg/en/learn/private-funds/structures/spv/angel-network/index.html): From just a handful of investor networks on the continent in the late 90s to a market that today sees more than 2,000 angel groups and 450,000 investors, the space is hotter than never.  (515 words)
- [partners/referral/requestdemo/index.html](/content/partners/referral/requestdemo/index.html) (140 words)
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- [Loan Operations 101 | Free Guide](/content/sg/en/learn/resources/loan-ops-101-guide/index.html): This free guide offers an actionable framework for modernizing loan operations. Learn how to swap legacy systems for purpose-built solutions and manage private credit deals with greater precision. (128 words)
- [Should investors be concerned about 2021 venture funds?](/content/uk/en/data/2021-venture-funds-dpi/index.html): The 2021 vintage of venture funds is still relatively early in its lifecycle. But the early data on returns may soon be cause for concern.  (1,486 words)
- [Accepting securities | support.carta.com](/content/support/kb/en/accepting-securities-426277/index.html): How to accept your electronic security, How to accept your certificate on Carta, Why can't I accept my security?, How to accept your option grant, How to accept your convertible or SAFE on Carta, How to accept your warrant on Carta, How to accept your profits interest on Carta, How to accept your RSU on Carta, How to sign and fund a SAFE through the SAFE Financings tool (81 words)
- [Privacy | Legal Hub](/content/legal/privacy/index.html): See how we handle your information—what's collected, how it's used, and your choices. (47 words)
- [Getting started with Carta | support.carta.com](/content/support/kb/guide/en/getting-started-with-carta-kttkbqudlx/steps/3753346/index.html): If you're an employee or equity holder in your company, you're in the right spot, and we're so excited to welcome you to Carta!  If you haven't already received it, keep an eye on your inbox for an email from us that will guide you through setting up your digital portfolio and accepting your equity. (363 words)
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- [How to combine multiple portfolios into one | support.carta.com](/content/support/kb/guide/en/how-to-combine-multiple-portfolios-into-one-5dv0culykf/steps/3750561/index.html): How to merge multiple portfoliosIf you have multiple portfolios for the same company and want to consolidate, you can use Carta’s self-service tool to merge two or more portfolios within your account into one.The self-service portfolio merge tool is for eligible users and simple merges. Learn more. (90 words)
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- [Capital Structure: A Founder's Guide to Ownership](/content/learn/startups/fundraising/capital-structure/index.html): Learn how to build and manage your company’s capital structure. Understand the key differences between debt and equity and how to track ownership as you fundraise and grow. (1,090 words)
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- [How to download the Individual Ownership report | support.carta.com](/content/support/kb/guide/en/how-to-download-the-individual-ownership-report-tkgooxw0l7/steps/3724436/index.html): How to download the Individual Ownership reportThe Individual Ownership Report provides a comprehensive view of your holdings in a company across different security types. Follow the steps below to access your report.This report is only available to users with Basic, Advanced, and Full details cap table access. Users with Restricted cap table access will not have the ability to download the report.Navigate to your portfolio.Click on the company name, then select the Capitalization tab tab.Click Reports then located the Individual Ownership Report within the Personal section.Enter your name and choose the as of date, then click Export.Once the report is ready, you'll find it in Downloads (top right corner). See the chart below for details on what’s included based on security type.SecurityDetailsCertificatesCertificate details, including acquisition costs, and outstanding quantities.WarrantsExercise prices, vesting details, and quantities exercised.ConvertiblesInterest rates, maturity dates, and conversion terms.Equity AwardsEquity awards details, vesting schedules, and exercise prices.Exercised and SettledExercise prices, tax adjustments, and gain/loss calculations.Vesting DetailsVesting dates, target quantities, and recognized amounts (165 words)
- [Scope of Services: Co-Invest LLP SPV Administration | support.carta.com](/content/support/kb/guide/en/scope-of-services-co-invest-llp-spv-administration-ftdiol7oka/steps/4573370/index.html): Scope of Services: Co-Invest LLP SPV AdministrationPer annum pricing includes administration services by Carta. Pricing will be determined based on your individual special purpose vehicle (SPV) structure, needs, and complexities. Please take note of the client deliverables and related timelines outlined below, as they will impact service and turnaround by the Carta team. We look forward to your continued partnership. SPV AdministrationSPV Structure Carta will only support the following SPV structures and selections:United Kingdom (UK) Limited Liability Partnership (LLP)One direct investment transaction into a single asset (indirect and/or multiple transactions are not permitted unless scoped and approved by your Carta representative. Additional fees may apply)SPV activity must remain passive at all times; the SPV may not engage in any operations that would characterise it as an active business or operating entityA maximum of 99 investor members can be onboarded to participate in the SPVAdditional close (it must align with the same investment terms as the first close, occur within 90 calendar days of the first close, and take place within the same tax year as the first close)*Carry: 0-100% fixed or more complex carryManagement fees (on top of commitment): Waived OR 0-100% of committed capitalSetup costs (on top of investing amount): Waived OR 0-100% of committed capitalAudited SPVs * No other SPV structures or selections are supported at this time. * Subject to additional fees. The fee for any additional closing is non-refundable once payment has been disbursed from the SPV bank account to the portfolio company  SPV Sectors and Strategies Portfolio investments made by the SPV must comply with Carta’s compliance requirements. Carta will provide support for varied sectors and strategies, yet limitations are:No PE-style investments, only investments in early-stage private companiesNo crypto-related investments (no crypto tokens or SAFTs)No private debtNo real estate or other non-venture asset classesWhere the SPV invests in a US portfolio company, all participants in the SPV, including non-US investors, must hold accredited investor status. This will be a requirement of the US portfolio company. For queries on specific sectors or strategies, please talk to your Carta representative. Books and RecordsCarta will update and maintain the accounting books and records for the SPV. You will have easy, read-only access to review the books and records. For the SPV, Carta will:Maintain total capital called and distributions received for indirect investmentsProvide the valuation of the investment at cost (at the time the investment was made). Necessary documents or information you will provide Carta:²Fully executed constitutional documentation with list of commitments and carry percentage by member*Fully executed subscription packets*Side Letters*Tax Fillings and K-1s (if applicable)Onboarding data including CRS/FATCA self-certification, contact information*Submit any activity or changes to the SPV or underlying investment (including, but not limited to, re-valuations, liquidation, bankruptcy, etc)* If you have purchased SPV Formations services with SPV Administration, we will already have this information. Bank AccountsCarta will:Set up electronic payments for all cash activity as requested³Confirm all SPV expenses (including management fee calculations) are done in accordance with the SPVs operating agreementsProvide annual cash reconciliationInput payments into the bank portal and submit for you to approve and release You will :Provide Carta access to the SPV’s bank account and any brokerage, custody of investment accounts as required (bank must have two step-authorisation capability and account must be in the SPV’s name)Provide Carta wire or other payment instructions, invoices for expenses, and executed purchase documents for investmentsApprove and release payments initiated by Carta on the bank portalNot share banking details with investors off the Carta platform¹Ensure investors are fully informed and refrain from funding the SPV bank account until they have successfully completed the necessary “Know Your Customer” (KYC) YC and “Anti-Money Laundering” (AML) checksYou are responsible for:Where you do not instruct Carta to set up a bank account for the SPV, setting up the bank accounts with your chosen banking partner as approved by Carta*Final review and releasing of payments after you receive confirmation from CartaPerforming any call backs to your vendorEnsuring accurate user profile setup within the Carta platform¹Establishing authorised access to your bank accountResolving any failed, rejected, returned, or on hold payments due to additional information or documentation needed by your banking partner* Change in banking partner may result in a fee adjustment. These services are subject to the Fund Administration Payment Terms and Conditions located at https://carta.com/legal/agreements/fund-administration-payment-terms-conditions/ .Cash DistributionsCarta will:Perform waterfall calculations in accordance with the SPV’s operating agreementsSend notifications to investors to update their wire instructions on the Carta platform¹Set up distribution wires in the SPV bank account, as approvedYou will:²Provide amounts to be distributed and final sign-off on calculations*Approve distribution wires when requiredFollow-up with investors to confirm wire instructions beyond the first failed attempt* 5 business days notice required for distribution calculation requests. After receiving your final approval, Carta will process payments to investors within 14 business days. Stock Distributions Carta will:Perform waterfall calculations in accordance with the operating agreementsProvide allocation of shares to your third-party brokerages to facilitate distributionsYou will:²Provide number of shares to be distributed and final sign-off on calculations*Collect instructions from investors and coordinate with your selected third-party brokerage firmOpen a brokerage account for the SPV, where required* 10 business days notice required for distribution requests. After receiving your final approval, Carta will draft and publish distribution notices on the Carta platform¹ within 3 business days.AEOI and Financial Statement FilingsCarta will prepare the forms for your approval before AEOI submissions and financial statement filings are made, and you remain solely responsible for the accuracy and completeness of such filings. Carta may assist with related amendments or renewals as needed.  In order for Carta to complete AEOI filings, all of your investors must complete KYC onboarding by 1 January. In order for Carta to complete financial statement filings, you will provide Carta prior to 1 month post-onboarding:Prompt notification of your first SPV closing and each additional closingAll previous filings of the SPVAccess to the SPV’s bank account as required, with the ability to set up payments (bank must have two step-authorisation capability and account must be in the GP entity or Manager’s nameAuthorisation codes for online filingsFATCA/CRS classifications of the SPV as well as the classifications of the General Partner, Investment Manager and the investorsSPV operating documentation and any ancillary documentationInvestment documentationFor options with managing the above, which are outside the Carta base SPV Scope of Service, reach out to your Carta representative for a referral to one of our preferred partners.–ADDITIONAL SERVICESCarta can assist with the following additional Administration Services, subject to additional fees:Audit supportTransfer of InterestsSide Letter for Waived CarrySide Letter for Bespoke FeesTax preparation - US ModuleAudit SupportCarta will provide support for SPVs that are audited annually, however Carta will not support SPVs that are audited for any shorter period (i.e. quarterly).  If you have an audited SPV, Carta will:Provide books, records, and supporting documentation to your auditorComplete template for audit confirms; auditor to send and collect from various parties (portfolio companies, banks, legal counsel, etc.)Distribute audit report generated by your auditor through the Carta platform You will:²Coordinate execution of the audit engagement letter (by 30 September of each year), audit representation letter, audit confirms, etc. with executed copies to Carta as applicableManage relationship with auditor, including completion of audit notes and ongoing questions and requests from the audit teamComplete and deliver audit reports in a timely mannerCollect AEOIs, and other valuation support for portfolio companies Collect tax documents from the portfolio companiesProvide industry and geography details as well as updated contact info for all portfolio holdingsProvide SPV’s valuation policy and valuation support to substantiate any discretionary valuation adjustments or approaches consistent with industry standardsCollect capitalisation tables and annual financial statements for portfolio companiesTo discuss any services that are outside of the scope addressed above, please talk to your Carta representative.  ¹The Carta platform means the online dashboard(s) made available to you by us and its/their related digital applications. ²Additional documentation or information may be required as circumstances warrant. ³Subject to Carta’s AML/KYC requirements and any requirements from the relevant banking partner. Transfer of InterestsCarta will assist with transfers of interest services only if you meet one of the following criteria:You are investment manager regulated by the Financial Conduct Authority (FCA)You are an appointed representative acting as an agent for a financial services firm authorised by the FCAYou operate outside the United Kingdom as investment management entity or agent holding equivalent authorisation or licensing requirements from a regulatory authority with similar oversight and requirements as the FCA Carta can provide support in executing a transfer of interests when an investor sells their participation to another investor. This applies whether the buyer is a new investor joining the partnership or an existing investor acquiring additional interests. As part of this service: Carta will:Prepare and provide the necessary transfer agreements, including details of the transfer of interestConduct KYC (Know Your Customer) processes for any new investor joining the partnership Distribute the agreements for execution by all relevant partiesReflect the updated ownership structure on the Carta platformYou will:Supply all required information to complete the transfer agreementsProvide required details of the new investor to be added to the platform thereafter liaise with the new investor to provide all required KYC informationReview and approve the agreement, running any necessary adjustment on the document provided by Carta if requested by your legal counsel.Provide Carta with the proof of payment from the buyer to the sellerSide LettersCarta can assist in preparing a side letter to partially or fully waive carried interest or management fees for specific investors. This service is available when you wish to offer certain investors terms that differ from those outlined in your operating agreement. Carta will:Prepare and provide the side lettersDistribute the side letters for execution to all relevant partiesUpdate Carry and/or Management Fees calculations on Carta platform to reflect the side letterYou will:Supply all required information to complete the side lettersReview and approve the side letter, running any necessary adjustment on the document provided by Carta if requested by your legal counsel.Tax Preparation - US ModuleIf you have purchased Tax Preparation - US Module, in addition to the services detailed in the Scope of Services: Carta U.S. Tax Preparation for Non-U.S. Funds, Carta covers:506(b) exemption registration application with the SEC:prepare and file the Form ID applicationprepare and file the Form D applicationPrepare and submit Blue Sky Filings ¹The Carta platform means the online dashboard(s) made available to you by us and its/their related digital applications. ²Additional documentation or information may be required as circumstances warrant. ³Subject to Carta’s AML/KYC requirements and any requirements from the relevant banking partner. - DISCLOSURE: Carta provides formation, administration and related services in the UK to entities regulated by the UK Financial Conduct Authority (FCA), including Alternative Investment Fund Managers (AIFMs), investment firms, and other FCA authorised entities, as well as their appointed representatives acting as agents for FCA-authorised firms or, if permitted, foreign regulated firms with appropriate regulatory oversight. Carta may engage with such potential clients as such entities are in the process of obtaining required regulatory approvals. However, certain services may be restricted or unavailable until appropriate authorisation is granted. Clients falling into this category will be referred to a law firm or other fiduciaries for certain services, including formation services. Our services are not available to unregulated entities or individuals. Nothing on this website constitutes an offer, solicitation, or advice to unregulated parties. This communication is on behalf of Vauban Technologies Limited ("Carta"). This communication is for informational purposes only, and contains general information only. Carta is not, by means of this communication, rendering accounting, business, financial, investment, legal, tax, or other professional advice or services. This publication is not a substitute for such professional advice or services nor should it be used as a basis for any decision or action that may affect your business or interests. Before making any decision or taking any action that may affect your business or interests, you should consult a qualified professional advisor. This communication is not intended as a recommendation, offer, or solicitation for the purchase or sale of any security. Carta does not assume any liability for reliance on the information provided herein. © 2025 eShares, Inc. dba Carta, Inc. All rights reserved. Reproduction prohibited. (1,866 words)
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- [Scope of Services: Co-Invest Bare Trust SPV Administration | support.carta.com](/content/support/kb/guide/en/scope-of-services-co-invest-bare-trust-spv-administration-pyozdrpedx/steps/4576843/index.html): Scope of Services: Co-Invest Bare Trust SPV Administration  Per annum pricing includes administration services by Carta. Pricing will be determined based on your individual special purpose vehicle (SPV) structure, needs, and complexities.   Please take note of the client deliverables and related timelines outlined below, as they will impact service and turnaround by the Carta team. We look forward to your continued partnership.   SPV Administration  SPV Structure Carta will only support the following SPV structures and selections: United Kingdom (UK) Bare Trust  One direct investment transaction into a single asset (indirect and/or multiple transactions are not permitted unless scoped and approved by your Carta representative. Additional fees may apply) SPV activity must remain passive at all times; the SPV may not engage in any operations that would characterise it as an active business or operating entity A maximum of 99 investor members can be onboarded to participate in the SPV Additional close (it must align with the same investment terms as the first close, occur within 90 calendar days of the first close, and take place within the same tax year as the first close)*  Carry: 0-100% fixed or more complex carry Management fees (on top of investing amount): Waived OR 0-100%  Setup costs (on top of investing amount): Waived OR 0-100% of committed capital   Audited SPVs *
No other SPV structures or selections are supported at this time.
 * Subject to additional fees.  The fee for any additional closing is non-refundable once payment has been disbursed from the SPV bank account to the portfolio company.
SPV Sectors and Strategies    Portfolio investments made by the SPV must comply with Carta’s compliance requirements. Carta will provide support for varied sectors and strategies, yet limitations are:  No PE-style investments, only investments in early-stage private companies  No crypto-related investments (no crypto tokens or SAFTs)  No private debt  No real estate or other non-venture asset classes   Where the SPV invests in a US portfolio company, all participants in the SPV, including non-US investors, must hold accredited investor status. This will be a requirement of the US portfolio company.    For queries on specific sectors or strategies, please talk to your Carta representative.    Books and Records  Carta will update and maintain the accounting books and records for the SPV. You will have easy, read-only access to review the books and records.    For the SPV, Carta will: Maintain total capital called and distributions received for indirect investments Provide the valuation of the investment at cost (at the time the investment was made).  Necessary documents or information you will provide Carta:²Fully executed constitutional documentation  with list of commitments and carry percentage by member*  Fully executed subscription packets* Side Letters* Tax Fillings and K-1s (if applicable)  Onboarding data including CRS/FATCA self-certification, contact information* Submit any activity or changes to the SPV or underlying investment (including, but not limited to, re-valuations, liquidation, bankruptcy, etc)   * If you have purchased SPV Formations services with SPV Administration, we will already have this information.  Uploading S/EIS Certificates Carta will not prepare, nor assist with the claiming of S/EIS relief. The S/EIS certificates will need to be provided by the portfolio company and Carta will make the certificates accessible to investors on the Carta platform.    Bank Accounts Carta will:Set up electronic payments for all cash activity as requested³ Confirm all SPV expenses (including management fee calculations) are done in accordance with the SPVs operating agreements Provide annual cash reconciliation   Input payments into the bank portal and submit for you to approve and release You will:Provide Carta access to the SPV’s bank account and any brokerage, custody of investment accounts  as required (bank must have two step-authorisation capability and account must be in the SPV’s name) Provide Carta wire or other payment instructions, invoices for expenses, and executed purchase documents for investments  Approve and release payments initiated by Carta on the bank portal Not share banking details with investors off the Carta platform¹ Ensure investors are fully informed and refrain from funding the SPV bank account until they have successfully completed the necessary  “Know Your Customer” (KYC) YC and “Anti-Money Laundering” (AML) checks   You are responsible for: Where you do not instruct Carta to set up a bank account for the SPV, setting up the bank accounts with your chosen banking partner as approved by Carta* Final review and releasing of payments after you receive confirmation from Carta Performing any call backs to your vendor Ensuring accurate user profile setup within the Carta platform¹ Establishing authorised access to your bank account Resolving any failed, rejected, returned, or on hold payments due to additional information or documentation needed by your banking partner * Change in banking partner may result in a fee adjustment.

These services are subject to the Fund Administration Payment Terms and Conditions located at https://carta.com/legal/agreements/fund-administration-payment-terms-conditions/ .

Cash DistributionsCarta will: Perform waterfall calculations in accordance with the SPV’s operating agreements Send notifications to investors to update their wire instructions on the Carta platform¹ Set up distribution wires in the SPV bank account, as approved   You will:² Provide amounts to be distributed and final sign-off on calculations* Approve distribution wires when required Follow-up with investors to confirm wire instructions beyond the first failed attempt *5 business days notice required for distribution calculation requests. After receiving your final approval, Carta will process payments to investors within 14 business days.     Stock Distributions  Carta will:Perform waterfall calculations in accordance with the operating agreementsProvide allocation of shares to your third-party brokerages to facilitate distributions  You will:2Provide number of shares to be distributed and final sign-off on calculations*Collect instructions from investors and coordinate with your selected third-party brokerage firmOpen a brokerage account for the SPV, where required * 10 business days notice required for distribution requests. After receiving your final approval, Carta will  draft and publish distribution notices on the Carta platform¹ within 3 business days.  
 –   ADDITIONAL SERVICES   Carta can assist with the following additional Administration Services, subject to additional fees:  Audit support  Transfer of Interests Side Letter for Waived Carry Side Letter for Bespoke Fees Client Nominee Entity Administration  Tax Preparation - US Module    Audit Support     Carta will provide support for SPVs that are audited annually, however Carta will not support SPVs that are audited for any shorter period (i.e. quarterly).   If you have an audited SPV, Carta will:Provide books, records, and supporting documentation to your auditorComplete template for audit confirms; auditor to send and collect from various parties (portfolio companies, banks, legal counsel, etc.) Distribute audit report generated by your auditor through the Carta platform You will:²Coordinate execution of the audit engagement letter (by 30 September of each year), audit representation letter, audit confirms, etc. with executed copies to Carta as applicable Manage relationship with auditor, including completion of audit notes and ongoing questions and requests from the audit team    Complete and deliver audit reports in a timely manner Collect AEOIs, and other valuation support for portfolio companies Collect tax documents from the portfolio companies  Provide industry and geography details as well as updated contact info for all portfolio holdings Provide SPV’s valuation policy and valuation support to substantiate any discretionary valuation adjustments or approaches consistent with industry standards Collect capitalisation tables and annual financial statements for portfolio companies   To discuss any services that are outside of the scope addressed above, please talk to your Carta representative.   ¹The Carta platform means the online dashboard(s) made available to you by us and its/their related digital applications.  ²Additional documentation or information may be required as circumstances warrant.  ³Subject to Carta’s AML/KYC requirements and any requirements from the relevant banking partner.    Transfer of Interests Carta will assist with transfers of interest services only if you meet one of the following criteria: You are investment manager regulated by the Financial Conduct Authority (FCA)  You are an appointed representative acting as an agent for a financial services firm authorised by the FCA You operate outside the United Kingdom as investment management entity or agent holding equivalent authorisation or licensing requirements from a regulatory authority with similar oversight and requirements as the FCA  Carta can provide support in executing a transfer of interests when an investor sells their participation to another investor. This applies whether the buyer is a new investor joining the partnership or an existing investor acquiring additional interests. As part of this service:  Carta will: Prepare and provide the necessary transfer agreements, including details of the transfer of interest Conduct KYC (Know Your Customer) processes for any new investor joining the partnership Distribute the agreements for execution by all relevant parties Reflect the updated ownership structure on the Carta platform You will: Supply all required information to complete the transfer agreements Provide required details of the new investor to be added to the platform thereafter liaise with the new investor to provide all required KYC information Review and approve the agreement, running any necessary adjustment on the document provided by Carta if requested by your legal counsel. Provide Carta with the  proof of payment from the buyer to the seller Side Letters Carta can assist in preparing a side letter to partially or fully waive carried interest or management fees for specific investors. This service is available when you wish to offer certain investors terms that differ from those outlined in your operating agreement.  Carta will: Prepare and provide the side letters Distribute the side letters for execution to all relevant parties Update Carry and/or Management Fees calculations on Carta platform to reflect the side letter You will: Supply all required information to complete the side letters Review and approve the side letter, running any necessary adjustment on the document provided by Carta if requested by your legal counsel.  Client Nominee Entity Administration  Carta will provide the following administration services to the Client’s nominee entity ( acting as the trustee of the SPV), strictly on the condition that the entity does not engage in any money movement activities:   Financial Statements Confirmation Statement (CS01)  UK Corporation Tax Return (CT600)  Financial Statements  Carta will prepare and share with you Financial Statements (balance sheet and profit and loss statement).  In order for Carta to provide financial statements, you will provide Carta 1 month post-onboarding: All previous filings of the nominee entity  Authorisation codes for online filings  SPV operating documentation and any ancillary documentation Supporting documentation for any incoming/outgoing payments  Confirmation Statement (CS01)  Carta will assist with the filing of the annual confirmation statement (CS01).   UK Corporation Tax Return (CT600)  Carta will assist with the preparation of CT600 tax returns on the basis that no funds flow through the Nominee entity.    ¹The Carta platform means the online dashboard(s) made available to you by us and its/their related digital applications. ²Additional documentation or information may be required as circumstances warrant. ³Subject to Carta’s AML/KYC requirements and any requirements from the relevant banking partner.     Tax Preparation - US Module  If you have purchased Tax Preparation - US Module, in addition to the services detailed in the Scope of Services: Carta U.S. Tax Preparation for Non-U.S. Funds, Carta covers: 506(b) exemption registration application with the SEC:prepare and file the Form ID application prepare and file the Form D application Prepare and submit Blue Sky Filings   – DISCLOSURE: Carta provides formation, administration and related services in the UK to entities regulated by the UK Financial Conduct Authority (FCA), including Alternative Investment Fund Managers (AIFMs), investment firms, and other FCA authorised entities, as well as their appointed representatives acting as agents for FCA-authorised firms or, if permitted, foreign regulated firms with appropriate regulatory oversight.  Carta may engage with such potential clients as such entities are in the process of obtaining required regulatory approvals. However, certain services may be restricted or unavailable until appropriate authorisation is granted. Clients falling into this category will be referred to a law firm or other fiduciaries for certain services, including formation services.
Our services are not available to unregulated entities or individuals. Nothing on this website constitutes an offer, solicitation, or advice to unregulated parties. This communication is on behalf of Vauban Technologies Limited ("Carta"). This communication is for informational purposes only, and contains general information only.  Carta is not, by means of this communication, rendering accounting, business, financial, investment, legal, tax, or other professional advice or services.  This publication is not a substitute for such professional advice or services nor should it be used as a basis for any decision or action that may affect your business or interests.  Before making any decision or taking any action that may affect your business or interests, you should consult a qualified professional advisor.  This communication is not intended as a recommendation, offer, or solicitation for the purchase or sale of any security. Carta does not assume any liability for reliance on the information provided herein. © 2025 eShares, Inc. dba Carta, Inc. All rights reserved. Reproduction prohibited.  (1,771 words)
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- [VCs eye early-stage deals | Carta](/content/uk/en/data/early-stage-2024/index.html): With competition fierce among VCs for premium startup deals, some are turning their attention to earlier stages, causing  knock-on effects for the rest of the venture ecosystem. (688 words)
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- [How to schedule your tax advisory session | support.carta.com](/content/support/kb/guide/en/how-to-schedule-your-tax-advisory-session-gzbdb6i90t/steps/3699388/index.html): How do I schedule my tax advisory session?Carta offers Tax Advisory services to employees who want to better understand their equity and how to maximize their earnings. Part of the offering is access to Carta’s Tax Advisory team, who work one-on-one with employees to understand their entire financial picture and provide tailored tax advice.The new hire onboarding process only applies to companies subscribed to Carta Tax Advisory.Tax advisory sessions are only available to US citizens or residents. (55 words)
- [The Audit Trail: A Fund’s System of Record](/content/learn/private-funds/management/fund-audits/audit-trail/index.html): Learn the components of an audit trail and explains why maintaining a complete record is essential for your operational integrity and fiduciary duty. (2,524 words)
- [Invest in startups | Equity 101 Course](/content/equity/learn/invest-in-startups/index.html): Private company shares are different from public shares you buy in the stock market. This video explains how and why people invest in startups. (1,771 words)
- [What happens to my securities if my company leaves Carta? | support.carta.com](/content/support/kb/guide/en/what-happens-to-my-securities-if-my-company-leaves-carta-5wmtxhmfs0/steps/3724410/index.html): What happens to my securities if my company leaves Carta? When a company leaves Carta, all outstanding securities on its cap table are marked as “canceled.” Companies usually leave Carta when they:Switch to a new transfer agent (e.g., going public)Are acquiredAre dissolvedChange their entity type (e.g., converting from an LLC to a C-Corp, which requires offboarding and re-onboarding)If this affects your securities, your company should provide details on next steps. (93 words)
- [How to manage users with access to your portfolio | support.carta.com](/content/support/kb/guide/en/how-to-manage-users-with-access-to-your-portfolio-y3nk7cgmno/steps/3739703/index.html): How to manage users with access to your portfolioAdding a user to your portfolio will give them full access to your holdings and all portfolio information. It is recommended to only share your portfolio with those you trust. Here are some examples of actions and information an additional user will have access to:Accepting securitiesBanking information, including account numbersPortfolio account summary, including social security numbers and home addressTax forms (66 words)
- [Valuations, explained | Equity 101 Course](/content/equity/learn/valuations/index.html): When private companies raise money, it affects the value of shares and the percentage of the company you own. This video explains the impact of valuations. (1,746 words)
- [How to navigate your Carta portfolio | support.carta.com](/content/support/kb/guide/en/how-to-navigate-your-carta-portfolio-whxwyxrcam/steps/3724605/index.html): How to navigate your Carta portfolioYour personal portfolio is the one place for all of your holdings (certificates, option grants, RSAs, RSUs, convertibles, and other equity awards) from the various issuing companies on Carta.Typically, the name on your Carta portfolio will be the name used to issue your security. (105 words)
- [Information for terminated employees | support.carta.com](/content/support/kb/guide/en/information-for-terminated-employees-kataqswkra/steps/3747952/index.html): Information for terminated employees Leaving your company can bring up questions about what happens to your equity, but even if you leave, you’ll still have access to your holdings on Carta as long as you can access the email associated with your account. Learn what happens to your equity, how to manage your account, and what steps you should take if you decide to exercise your options after termination.For any specific concerns, you can always reach out to your issuing company or our support team for assistance. (104 words)
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- [SPV Spotlight: Private Equity Edition 2024](/content/sg/en/data/spv-spotlight-private-equity-2024/index.html): The number of special-purpose vehicles has grown in recent years, and the size of SPVs is growing—a sign of their growing appeal among private equity and venture capital firms. 
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- [SEC’s Private Fund Adviser Rules | Carta](/content/uk/en/learn/private-funds/regulations/private-fund-adviser-rules/index.html): SEC’s Private Fund Adviser rules put new restrictions and requirements on registered investment advisers and exempt reporting advisers—including VC fund managers. (1,122 words)
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- [Request a demo | Carta SPV](/content/sg/en/demo/spv/index.html): Request a demo of Carta's equity management platform for private companies, public companies, and investors. (496 words)
- [Startup Fundraising 101 - Section 1: Fundraising Basics | Carta](/content/learn/startup-fundraising-101/1/index.html): Welcome to the world of startup fundraising. In this section, you'll learn the different types of pre-seed funding, the investors you'll meet, and the importance of product-market fit. (348 words)
- [Scope of Services: Co-Invest LLP SPV Formation | support.carta.com](/content/support/kb/guide/en/scope-of-services-co-invest-llp-spv-formation-f29pp2uxk1/steps/4529188/index.html): Scope of Services: Co-Invest LLP SPV Formation Please take note of the client deliverables and related timelines outlined below, as they will impact service and turnaround by the Carta team. We look forward to your continued partnership.SPV FormationClient is responsible for remaining in compliance with all applicable laws, rules and regulations.  Carta will provide SPV Formation services only if you meet one of the following criteria: You are investment manager regulated by the Financial Conduct Authority (FCA) You are an an appointed representative acting as an agent for a financial services firm authorised by the FCA You operate outside the United Kingdom as investment management entity or agent holding equivalent authorisation or licensing requirements from a regulatory authority with similar oversight and requirements as the FCA.SPV StructureCarta will only support the following SPV structures and selections:United Kingdom (UK) Limited Liability Partnership (LLP)One direct investment transaction into a single asset (indirect and/or multiple transactions are not permitted unless scoped and approved by your Carta representative. Additional fees may apply)SPV activity must remain passive at all times; the SPV may not engage in any operations that would characterise it as an active business or operating entityA maximum of 99 investor members can be onboarded to participate in the SPVAdditional close (it must align with the same investment terms as the first close, occur within 90 calendar days of the first close, and take place within the same tax year as the first close)*Carry: 0-100% fixed or more complex carryManagement fees (on top of commitment): Waived OR 0-100% of committed capitalSetup costs (on top of investing amount): Waived OR 0-100% of committed capitalAudited SPVs *No other SPV structures or selections are supported at this time. * Subject to additional fees. The fee for any additional closing is non-refundable once payment has been disbursed from the SPV bank account to the portfolio company  SPV Sectors and Strategies Portfolio investments made by the SPV must comply with Carta’s compliance requirements. Carta will provide support for varied sectors and strategies, yet limitations are:No PE-style investments, only direct investments in early-stage private companies;No crypto-related investments (no crypto tokens or SAFTs)No private debtNo real estate or other non-venture asset classesWhere the SPV invests in a US portfolio company, all participants in the SPV, including non-US investors, must hold accredited investor status. This will be a requirement of the US portfolio company. For queries on specific sectors or strategies, please talk to your Carta representative.  SPV Formation Services Included in SPV formation, Carta will work with you to:Form and register your SPV as a LLP in the UKOn the Carta platform¹, Carta will also: Create an account for your SPVSet up a data room and provide you accessSet up subscription documents using Carta’s Closings feature. Please see the “Closings” section following for more details.Client ResponsibilitiesIn order for Carta to form the SPV, you need to provide the following:Name of the SPVName of the LeadName of the Initial Limited Partner**in case you don’t have any initial limited partner to sign the agreements, please reach out to a Carta representative Template SPV Formation DocumentsCarta will provide the following SPV formation templates:Limited Liability Partnership AgreementAdmission FormCarta will not provide the following types of documents:SEIS or EIS certificates USE OF DRAFT SPV FORMATION DOCUMENTS IS ENTIRELY AT YOUR OWN RISK AND SUBJECT TO CARTA’S LEGAL DOCUMENTS TERMS OF USE AND DISCLAIMER LOCATED AT https://carta.com/privacy/document-generation-terms-and-conditions/. CARTA ASSUMES NO LIABILITY FOR THE USE OF OR RELIANCE ON THESE DRAFT DOCUMENTS. Carta does not guarantee such draft documents’ applicability or accuracy in regard to your particular circumstances. These documents are provided “as is” without warranty of any kind, either express, implied, or statutory, including without limitation, warranties of merchantability, fitness for a particular purpose, satisfactory purpose, title or noninfringement. Some jurisdictions do not allow the exclusion of implied warranties, so these exclusions may not apply to you.  For the avoidance of doubt, Carta cannot facilitate bespoke changes to template documents or accommodate any amendments to such documents. All changes of this nature must be facilitated outside of the Carta platform. The platform may serve as a document repository for storing any related documents. If you would like a referral to legal partners, please talk to your Carta representative.  ClosingsClosings must be executed on the Carta Closings feature using our subscription documents and Investor Questionnaire. Carta Closings allows you to invite investors to create a Carta account to complete closing steps. You are responsible for tracking investors as they execute subscription agreements and monitoring their responses to the Investor Questionnaire.  Carta can service additional capital calls for an additional fee. Contact your Carta representative to discuss. You will:² Promptly notify Carta of your first SPV closing and each additional closingInvestor KYC Due DiligenceCarta can provide “Know Your Customer” (KYC) and “Anti-Money Laundering” (AML) services for up to 99 investors. Additional investors can be serviced for an additional fee. Learn more here.*  Investor InformationInvestors will be responsible for updating their information, including maintaining investor contact preferences, wire instructions, and other requested information on the Carta platform. All communications will be on the Carta platform, which will serve as the communication repository for communications like capital calls, distributions, quarterly and annual reports, investor update letters, tax documents, etc. Carta will assist with providing you answers to investor questions related to SPV information on the Carta platform.  *Please refer to your Engagement Letter. –ADDITIONAL SERVICES Carta can assist with the following additional services, subject to additional fees: Additional close Additional Close After closing with your investment, the SPV will remain open for a period of 90 days to accept new subscriptions from investors. Any subscriptions received after this period will be considered part of an additional closing. As part of this service: Carta will: Give you access to add new investors to the Carta platform. Subject to new investors successfully completing KYC and AML checks, give you access for new investors to sign relevant subscription agreements and be sent capital call notices. Execute on your post initial capital call requests within two business days if received prior to 3pm BST on day of request. The following are available via the Carta platform: Per-investor calculations, preparation, and distributions of capital call notices to investors Tracking receipts of capital contribution payments Follow-ups to investors (at your discretion) 24 hours after the capital call due date You will:² Submit and approve capital call requests through the Carta platform Provide potential investments and realisations for cash projections Provide the percentage or dollar amount to be called and any other required information Notify Carta of commitment or carry percentage changes by member  To discuss any services that are outside of the scope addressed above, please talk to your Carta representative.  ¹The Carta platform means the online dashboard(s) made available to you by us and its/their related digital applications.  ²Additional documentation or information may be required as circumstances warrant.  –  DISCLOSURE: This communication is on behalf of Vauban Technologies Limited ("Carta"). Carta provides formation, administration and related services in the UK to entities regulated by the UK Financial Conduct Authority (FCA), including Alternative Investment Fund Managers (AIFMs), investment firms, and other FCA authorised entities, as well as their appointed representatives acting as agents for FCA-authorised firms or, if permitted, foreign regulated firms with appropriate regulatory oversight.  Carta may engage with such potential clients as such entities are in the process of obtaining required regulatory approvals. However, certain services may be restricted or unavailable until appropriate authorisation is granted. Clients falling into this category will be referred to a law firm or other fiduciaries for certain services, including formation services. Our services are not available to unregulated entities or individuals. Nothing on this website constitutes an offer, solicitation, or advice to unregulated parties. This communication is for informational purposes only, and contains general information only. Carta is not, by means of this communication, rendering accounting, business, financial, investment, legal, tax, or other professional advice or services. This publication is not a substitute for such professional advice or services nor should it be used as a basis for any decision or action that may affect your business or interests. Before making any decision or taking any action that may affect your business or interests, you should consult a qualified professional advisor. This communication is not intended as a recommendation, offer, or solicitation for the purchase or sale of any security. Carta does not assume any liability for reliance on the information provided herein. © 2025 eShares, Inc. dba Carta, Inc. All rights reserved. Reproduction prohibited. (1,179 words)
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- [State of Private Markets: Q4 2023 | Carta](/content/sg/en/data/state-of-private-markets-q4-2023/index.html): While volatility diminished in 2023, fundraising activity in the startup ecosystem remained near recent lows in Q4 2023. (3,106 words)
- [Data Room Non-Disclosure Agreement (NDA) | support.carta.com](/content/support/kb/guide/en/data-room-non-disclosure-agreement-nda-k2pvf7vs1y/steps/3725147/index.html): If a company has elected to require an NDA in order to access a data room, the following text will appear when an invited user clicks View data room for the first time:------- THIS AGREEMENT is made on [Date]. BETWEEN[Corporation], (the Disclosing Party); and [Participant] (the Receiving Party), collectively referred to as the Parties.RECITALS A. The Receiving Party understands that the Disclosing Party has disclosed or may disclose information relating to source code, product designs, art, and other related concepts, which to the extent previously, presently, or subsequently disclosed to the Receiving Party is hereinafter referred to as Proprietary Information of the Disclosing Party. OPERATIVE PROVISIONS 1. In consideration of the disclosure of Proprietary Information by the Disclosing Party, the Receiving Party hereby agrees: (i) to hold the Proprietary Information in strict confidence and to take all reasonable precautions to protect such Proprietary Information (including, without limitation, all precautions the Receiving Party employs with respect to its own confidential materials), (ii) not to disclose any such Proprietary Information or any information derived therefrom to any third person, (iii) not to make any use whatsoever at any time of such Proprietary Information except to evaluate internally its relationship with the Disclosing Party, and (iv) not to copy or reverse engineer any such Proprietary Information. The Receiving Party shall procure that its employees, agents and sub-contractors to whom Proprietary Information is disclosed or who have access to Proprietary Information sign a nondisclosure or similar agreement in content substantially similar to this Agreement. 2. Without granting any right or license, the Disclosing Party agrees that the foregoing shall not apply with respect to any information after five years following the disclosure thereof or any information that the Receiving Party can document (i) is or becomes (through no improper action or inaction by the Receiving Party or any affiliate, agent, consultant or employee) generally available to the public, or (ii) was in its possession or known by it prior to receipt from the Disclosing Party as evidenced in writing, except to the extent that such information was unlawfully appropriated, or (iii) was rightfully disclosed to it by a third party, or (iv) was independently developed without use of any Proprietary Information of the Disclosing Party. The Receiving Party may make disclosures required by law or court order provided the Receiving Party uses diligent reasonable efforts to limit disclosure and has allowed the Disclosing Party to seek a protective order. Notwithstanding anything to the contrary herein: (A) If the Receiving Party is (or is an employee of) the Disclosing Party’s legal counsel and has been invited to access Proprietary Information in such capacity, then nothing in this Agreement shall prohibit the Receiving Party’s sharing of Proprietary Information with attorneys, paralegals, or other personnel of the law firm through which Receiving Party is providing legal services to the Disclosing Party; (B) If the Receiving Party is (or is an employee of) legal counsel to an investor or prospective investor of the Disclosing Party (any such party, an “Investor”) and has been invited to access Proprietary Information in such capacity, then nothing in this Agreement shall prohibit the Receiving Party’s sharing of Proprietary Information with (i) such Investor and its personnel, and (ii) attorneys, paralegals, or other personnel of the firm through which Receiving Party is providing legal services to such Investor; and (C) If the Receiving Party is (or is an employee of) legal counsel to either the Disclosing Party or an Investor and has been invited to access Proprietary Information in such capacity, then, in the event of any conflict between the provisions of this Agreement and the Receiving Party’s legal and/or professional duties as legal counsel (including, without limitation, duties imposed by any applicable bar association), such legal and/or professional duties shall govern.  3. Immediately upon the written request by the Disclosing Party at any time, the Receiving Party will return to the Disclosing Party all Proprietary Information and all documents or media containing any such Proprietary Information and any and all copies or extracts thereof, save that where such Proprietary Information is a form incapable of return or has been copied or transcribed into another document, it shall be destroyed or erased, as appropriate. 4. The Receiving Party understands that nothing herein (i) requires the disclosure of any Proprietary Information or (ii) requires the Disclosing Party to proceed with any transaction or relationship. 5. The Receiving Party further acknowledges and agrees that no representation or warranty, express or implied, is or will be made, and no responsibility or liability is or will be accepted by the Disclosing Party, or by any of its respective directors, officers, employees, agents or advisers, as to, or in relation to, the accuracy of completeness of any Proprietary Information made available to the Receiving Party or its advisers; it is responsible for making its own evaluation of such Proprietary Information. 6. The failure of either party to enforce its rights under this Agreement at any time for any period shall not be construed as a waiver of such rights. If any part, term or provision of this Agreement is held to be illegal or unenforceable neither the validity, nor enforceability of the remainder of this Agreement shall be affected. Neither Party shall assign or transfer all or any part of its rights under this Agreement without the consent of the other Party. This Agreement may not be amended for any other reason without the prior written agreement of both Parties. This Agreement constitutes the entire understanding between the Parties relating to the subject matter hereof unless any representation or warranty made about this Agreement was made fraudulently and, save as may be expressly referred to or referenced herein, supersedes all prior representations, writings, negotiations or understandings with respect hereto. 7. This Agreement shall be governed by the laws of the jurisdiction in which the Disclosing Party is located (or if the Disclosing Party is based in more than one country, the country in which its headquarters are located) (the Territory) and the parties agree to submit disputes arising out of or in connection with this Agreement to the non-exclusive of the courts in the Territory. ----  (989 words)
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- [Scope of Service: LP Portfolio Analytics | support.carta.com](/content/support/kb/guide/en/scope-of-service-lp-portfolio-analytics-6oimat9o0v/steps/5020657/index.html): Scope of Service: LP Portfolio Analytics Manual Document Acquisition - Service responsible for collecting, ingesting, and organizing client documents (e.g., fund statements, capital notices, performance reports) from sources such as email and investor portals. Extend ensures timely and complete acquisition of all documents for downstream extraction. 2 Key Datapoints for pricing:Number of CommitmentsFrequency of desired portal sweeps of manual portalsFrequency of client reporting : WeeklyServiceClient ResponsibilitiesCarta ResponsibilitiesAccount setup &amp; OnboardingProvide us with:A comprehensive roster detailing all commitments (specifying Investors, General Partners, and corresponding Funds).Reaches out to GP:To formally request and obtain invitations to their secure investor portals.To ensure our immediate inclusion on their official document distribution list.To promptly resolve any instances where access is denied or lacking.Document Collection &amp; Tracking:Establish a dedicated Document Collection Tracker, populated directly from the comprehensive commitment list.Ensure accurate and continuous maintenance of the Tracker to reflect real-time status and holdings.Portal Accounts Management:Properly configure and activate all required investor portal accounts.Access and Client Communication:Immediately notify the client regarding any issues or instances of lacking access to required documentation or portals.Document CollectionNew Investment and Access Notification:Proactively communicate any new investments and associated investor portal access details immediately upon their establishment.Scope and Status Updates:Timely notify us of any change in status, specifically when an investor or fund is deemed to be in-scope or out-of-scope.Document Collection and Timeliness:Collect all required documentation from both investor portals and email attachments within the specified Service Level Agreement (SLA), ensuring the process is executed in a timely and complete manner. Tracker Maintenance:Ensure accurate and continuous maintenance of the Document Collection Tracker, consistently updating it to reflect real-time status and holdings.Data Privacy Commitment:Maintain the strictest confidentiality and adhere to all relevant data protection regulations to safeguard and secure all sensitive client data and private investment information. Impediment Reporting:Immediately communicate any operational or technical occurrences (e.g., inaccessible portals, server outages, or failed credentials) that could potentially hinder or prevent timely document collection. Discrepancy Investigation and Tracking:Promptly investigate and resolve all instances of missing documents (i.e., documentation that has not been uploaded or received) and ensure the corresponding SLA Break Tracker is accurately updated.MDS - Service that processes acquired documents to identify, capture, and structure key financial and operational data. Extract ensures accuracy, consistency, and readiness of data for downstream use cases such as analytics, reporting, and client delivery. Key Datapoints for pricing:Number of FundsGranularity of dataInvestment level onlyPortCo performance dataSecurity level dataNumber of data campaigns a yearQuarterlyBi-annuallyCapital call / Distribution use case / SLAFrequency of client reporting : During data campaigns : WeeklyServiceClient ResponsibilitiesCarta ResponsibilitiesAccount setup &amp; OnboardingEntity reference data (attached): The entities (GPs, Funds, Investors, Underlying Assets) and relationships between those entities (Commitments, Investments) Metric list:The list of required metrics across each asset class. I have attached the version supplied last year, which can be confirmed for any changesReference Data Validation: Conduct a thorough review of the provided reference data to identify and resolve duplicate entities, inconsistencies, or data omissions.Data Import: Import the validated and cleaned data set into the reference data webapp screen.Client Communication for Data Gaps: Notify the client promptly regarding any outstanding data.Metric Filter Configuration: Configure the required metric filters within the client tenant, ensuring precise alignment with the data requirements for the analytics dashboard (if enabled).Historical Data OnboardingHistorical Documents: All relevant historical documents (PR, CAS, CFN)Historical metrics: The necessary historical metrics, such as Cash Flows and Inception Metrics, required for the analytics dashboard visualization.Document Extraction: Execute the document extraction process and initiate the creation of comprehensive funding notes for future reference and documentation.Data Transformation: Analyze the provided raw data and transform it according to the standardized internal data templates.Analytics Dashboard Verification: Upon successful data upload, review the analytics dashboard to identify and document any data discrepancies or anomalies.Reporting on Data Deficiencies: Report any identified missing data elements that are critical for accurate dashboard analytics calculation.Bi-annual / Quarterly data campaignsFinal Fund List: Provide the list of funds designated for extraction in the current data campaign.Missing Documents: Provide all outstanding or missing documents required to complete the scheduled data extraction campaign. Campaign sign off: Obtain the Client's formal sign-off to close the data extraction campaign.Data Extraction Tracker: Prepare and maintain the Data Extraction Tracker, detailing the Fund list, document status (e.g., Completed, Missing, To Do), and overall progress percentage.Document Feed Management: Conduct a daily review of the incoming document feed. Determine extraction priority and manage documents (move to Extraction Inbox or Archive) as appropriate.Meta Data Validation: Review and validate the meta data (e.g., fund name and report date) for all documents located in the Extraction Inbox.Metric Validation and Reference Data Management: Start the metric validation for the available documents. Add reference data when a new investment is identified.Daily Quality Assurance Review (Four-Eyes Review): Execute a daily "four-eyes" quality assurance review utilizing the custom output reports.Weekly Anomaly and Gap Analysis: Conduct a weekly review using customized data scripts tailored to each metric type (e.g., Fund, Operating, Investment) to proactively identify data anomalies or gaps.Weekly Client Status Reporting: Initiate weekly client communication to report on the data extraction campaign progress and discuss critical issues, such as missing documentation or complexities in the fund structure.Data Campaign Closure: Formal closure of the data extraction campaign.DISCLOSURE: This communication is on behalf of eShares, Inc. dba Carta, Inc. ("Carta"). This communication is for informational purposes only, and contains general information only. Carta is not, by means of this communication, rendering accounting, business, financial, investment, legal, tax, or other professional advice or services. This publication is not a substitute for such professional advice or services nor should it be used as a basis for any decision or action that may affect your business or interests. Before making any decision or taking any action that may affect your business or interests, you should consult a qualified professional advisor. This communication is not intended as a recommendation, offer, or solicitation for the purchase or sale of any security. Carta does not assume any liability for reliance on the information provided herein.  © 2024 Carta. All rights reserved. Reproduction prohibited. (939 words)
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- [Regulatory & Legal Disclosures | support.carta.com](/content/support/kb/guide/en/regulatory-legal-disclosures-efoc2dmzqh/steps/3724856/index.html): Regulatory &amp; Legal Disclosures eShares, Inc. dba Carta, Inc. is a transfer agent registered with the U.S. Securities and Exchange Commission. Vauban Advisers LLC is an investment adviser that reports to the Securities and Exchange Commission as an exempt reporting advisor. Carta Asia Private Limited is licensed as a Registered Filing Agent (RFA) under Section 28F of the Accounting and Corporate Regulatory Authority Act as regulated by the Account and Corporate Regulatory Authority (ACRA).   Vauban Technologies Limited is supervised by the Financial Conduct Authority for anti-money laundering.   Vauban Capital Lux Sàrl is a sub-threshold alternative investment fund manager (gestionnaire de fonds d’investissement alternatif) registered with the Luxembourg Commission de Surveillance du Secteur Financier (CSSF).    Carta Lux Sàrl, a private limited liability company (société à responsabilité limitée) governed by the laws of the Grand Duchy of Luxembourg, is in the process of seeking a specialised PSF authorisation of the financial sector with the CSSF to act as an Undertaking for Collective Investment Administrator.  Carta Middle East Limited (CMEL), a private company limited by shares incorporated under the laws of the Abu Dhabi Global Market (ADGM). CMEL is regulated by the Financial Services Regulatory Authority (FSRA) to act as an Administrator of a Collective Investment Fund.  Carta does not provide securities brokerage services. The Company is not registered as a securities broker/dealer with either the U.S. Securities and Exchange Commission or with any U.S. state securities regulatory authority. The services and information described in this communication are provided to you “as is” and “as available” without warranties of any kind, expressed, implied or otherwise, including but not limited to all warranties of merchantability, fitness for a particular purpose, or non-infringement. Neither eShares, Inc. dba Carta, Inc. nor any of its affiliates will be liable for any damages, including without limitation direct, indirect, special, punitive or consequential damages, caused in any way or arising from the use of the services or reliance upon the information provided in this communication or in connection with any failure of performance, error, omission, interruption, defect, delay in operation or transmission, computer virus or line or system failure.Blogs and Social MediaViews expressed in “blogs” or “posts” (including social media post as “Social Media”) and those of the individual personnel may not be the views of Carta, Vauban Advisers or its respective affiliates. All information, including statements of fact, contained on this website or in Social Media has been obtained and compiled in good faith from sources believed to be reliable. However, no representation or warranty, expressed or implied, is made by Carta with respect to the completeness or accuracy of its contents, and it is not to be relied upon as authoritative and should not be regarded as a substitute for the exercise of a reasoned and independent judgement. Carta accepts no liability whatsoever for any direct or consequential loss arising from the use of the information herein or in Social Media. The terms of any product, service, including costs, and other characteristics, are set forth in the applicable contractual documents for such product or service and may differ materially from those presented online. Such terms are subject to change without notice.  This website and all Social Media has been prepared for informational purposes only and is not an offer to buy or sell or a solicitation of any offer to buy or sell any security or other financial instrument or to participate in any trading or investment strategy. This website and all Social Media is not, and should not be construed to be investment advice (as defined under the Employee Retirement Income Security Act of 1974, as amended or similar concepts under applicable law) from eShares, Inc. dba Carta, Inc. or any of its affiliates with respect to an employee benefit plan or to any person acting as a fiduciary for an employee benefit plan, or as a primary basis for any particular plan investment decision.This material is not, and is not intended to be, a “research report”, “investment research” or “independent research” as may be defined in applicable laws and regulations worldwide. Nothing here in or in social media has not been prepared in accordance with legal requirements to promote the independence of research, including but not limited to, the prohibition on the dealing ahead of the dissemination of investment research.   The information contained herein is not intended as tax, legal, regulatory, accounting or investment advice. Neither eShares, Inc. DBA Carta, Inc. nor any of its affiliates render advice on tax and tax accounting matters. By providing this information we are not advising you to take any particular action based on the information or opinions (if any) contained herein. Prior to entering into any transaction, you should consult with your own personal tax, accounting and/or legal advisor. KYC and USA PATRIOT ACT  IMPORTANT INFORMATION ABOUT PROCEDURES FOR OPENING A NEW ACCOUNT OR ESTABLISHING A NEW CUSTOMER RELATIONSHIP To help the government fight the funding of terrorism and money laundering activities, Carta  obtains, verifies, and records information that identifies each individual or institution that opens an account or establishes a customer relationship with us. Carta complies with applicable anti-money laundering laws and regulations, including the relevant provisions of the Bank Secrecy Act (BSA), as amended by the USA PATRIOT Act of 2001 and its implementing regulations and related government rules and regulations, as well as regulations issued by the US Department of Treasury, and Office of Foreign Assets Control (OFAC). Customer Identification Procedure (CIP) Notice:When provided, the information collected and verified will be stored according to the following requirements:Identifying information about a customer obtained under Carta’s CIP Program; A description of any document that was relied on noting the type of document, any identification number contained in the document, the place of issuance and, if any, the date of issuance and expiration date; A description of the methods and the results of any measures undertaken to verify the identity of the customer; andA description of the resolution of any substantive discrepancy discovered when verifying the identifying information obtainedBusiness Continuity ProgramBusiness continuity for disaster recovery is a high priority for eShares, Inc. dba Carta, Inc. and its affiliates. Our objective is to ensure our continued ability to serve our clients and to protect their assets as well as our people and assets. Our Business Continuity Program has been developed to provide reasonable assurance of business continuity in the event there are disruptions of normal operations at our critical facilities and can be obtained upon request. Privacy PolicyCarta's Privacy Policy can be located at https://carta.com/privacy. (1,095 words)
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- [Scope of Services: Co-Invest Bare Trust SPV Formation | support.carta.com](/content/support/kb/guide/en/scope-of-services-co-invest-bare-trust-spv-formation-v9krqwtxgv/steps/4529282/index.html): Scope of Services: Co-Invest Bare Trust SPV FormationPlease take note of the client deliverables and related timelines outlined below, as they will impact service and turnaround by the Carta team. We look forward to your continued partnership. SPV FormationClient is responsible for remaining in compliance with all applicable laws, rules and regulations.  Carta will provide SPV Formation services only if you meet one of the following criteria:You are investment manager regulated by the Financial Conduct Authority (FCA)You are an appointed representative acting as an agent for a financial services firm authorised by the FCAYou operate outside the United Kingdom as investment management entity or agent holding equivalent authorisation or licensing requirements from a regulatory authority with similar oversight and requirements as the FCA SPV StructureCarta will only support the following SPV structures and selections:United Kingdom (UK) Bare TrustOne direct investment transaction into a single asset (indirect and/or multiple transactions are not permitted unless scoped and approved by your Carta representative. Additional fees may apply)SPV activity must remain passive at all times; the SPV may not engage in any operations that would characterise it as an active business or operating entityA maximum of 99 investor members can be onboarded to participate in the SPVAdditional close (it must align with the same investment terms as the first close, occur within 90 calendar days of the first close, and take place within the same tax year as the first close)*Carry: 0-100% fixed or more complex carryManagement fees (on top of investing amount): Waived OR 0-100%Setup costs (on top of investing amount): Waived OR 0-100% of committed capitalAudited SPVs *No other SPV structures or selections are supported at this time. * Subject to additional fees. The fee for any additional closing is non-refundable once payment has been disbursed from the SPV bank account to the portfolio company. SPV Sectors and Strategies Portfolio investments made by the SPV must comply with Carta’s compliance requirements. Carta will provide support for varied sectors and strategies, yet limitations are:No PE-style investments, only investments in early-stage private companiesNo crypto-related investments (no crypto tokens or SAFTs)No private debtNo real estate or other non-venture asset classesWhere the SPV invests in a US portfolio company, all participants in the SPV, including non-US investors, must hold accredited investor status. This will be a requirement of the US portfolio company. For queries on specific sectors or strategies, please talk to your Carta representative. SPV Formation Services Included in SPV formation, Carta will work with you to: Form and register the SPV as a trustIf requested, form a nominee entity as a UK limited company (to act as the trustee of the SPV) *On the Carta platform¹, Carta will also: Create an account for your SPVSet up a data room and provide you accessSet up subscription documents using Carta’s Closings feature. Please see the “Closings” section following for more details.Client ResponsibilitiesIn order for Carta to register the SPV as a trust, you will need to provide the following:Name of the trustName of investorsName, address and governing law of portfolio companyAny changes with respect to the investors to update the registers Template SPV Formation DocumentsCarta will provide the following SPV formation templates:Agreement for the Establishment of a Managed Syndicate TrustAdmission Form  USE OF DRAFT SPV FORMATION DOCUMENTS IS ENTIRELY AT YOUR OWN RISK AND SUBJECT TO CARTA’S LEGAL DOCUMENTS TERMS OF USE AND DISCLAIMER LOCATED AT https://carta.com/privacy/document-generation-terms-and-conditions/. CARTA ASSUMES NO LIABILITY FOR THE USE OF OR RELIANCE ON THESE DRAFT DOCUMENTS. Carta does not guarantee such draft documents’ applicability or accuracy in regard to your particular circumstances. These documents are provided “as is” without warranty of any kind, either express, implied, or statutory, including without limitation, warranties of merchantability, fitness for a particular purpose, satisfactory purpose, title or noninfringement. Some jurisdictions do not allow the exclusion of implied warranties, so these exclusions may not apply to you. For the avoidance of doubt, Carta cannot facilitate bespoke changes to template documents or accommodate any amendments to such documents. All changes of this nature must be facilitated outside of the Carta platform. The platform may serve as a document repository for storing any related documents.  If you would like a referral to legal partners, please talk to your Carta representative.  * Subject to additional fees. ClosingsClosings must be executed on the Carta Closings feature using our subscription documents and investor questionnaire. Carta Closings allows you to invite investors to create a Carta account to complete closing steps. You are responsible for tracking investors as they execute subscription agreements and monitoring their responses to the investor questionnaire. Carta can service additional capital calls for an additional fee. Contact your Carta representative to discuss.You will:²Promptly notify Carta of your first SPV closing and each additional closing Investor KYC Due DiligenceCarta can provide “Know Your Customer” (KYC) and “Anti-Money Laundering” (AML) services for up to 99 investors. Additional investors can be serviced for an additional fee. Learn more here.* Investor InformationInvestors will be responsible for updating their information, including maintaining investor contact preferences, wire instructions, and other requested information on the Carta platform. All communications will be on the Carta platform, which will serve as the communication repository for communications like capital calls, distributions, quarterly and annual reports, investor update letters, tax documents, etc. Carta will assist with providing you answers to investor questions related to SPV information on the Carta platform. *Please refer to your Engagement Letter. – ADDITIONAL SERVICESCarta can assist with the following additional services, subject to additional fees:Additional closeAdditional CloseAfter closing with your Investment, the SPV will remain open for a period of 90 days to accept new subscriptions from investors. Any subscriptions received after this period will be considered part of an additional closing. As part of this service,Carta will:Give you access to add new investors to the Carta platform.Subject to new investors successfully completing KYC and AML checks, give you access for new investors to sign relevant subscription agreements and be sent capital call notices.Execute on your post initial capital call requests within two business days if received prior to 3pm BST on day of request.  The following are available via the Carta platform:Per-investor calculations, preparation, and distributions of capital call notices to investorsTracking receipts of capital contribution paymentsFollow-ups to investors (at your discretion) 24 hours after the capital call due dateYou will:²Submit and approve capital call requests through the Carta platformProvide potential investments and realisations for cash projectionsProvide the percentage or dollar amount to be called and any other required informationNotify Carta of commitment or carry percentage changes by member To discuss any services that are outside of the scope addressed above, please talk to your Carta representative. ¹The Carta platform means the online dashboard(s) made available to you by us and its/their related digital applications. ²Additional documentation or information may be required as circumstances warrant. – DISCLOSURE: This communication is on behalf of Vauban Technologies Limited ("Carta"). Carta provides formation, administration and related services in the UK to entities regulated by the UK Financial Conduct Authority (FCA), including Alternative Investment Fund Managers (AIFMs), investment firms, and other FCA authorised entities, as well as their appointed representatives acting as agents for FCA-authorised firms or, if permitted, foreign regulated firms with appropriate regulatory oversight. Carta may engage with such potential clients as such entities are in the process of obtaining required regulatory approvals. However, certain services may be restricted or unavailable until appropriate authorisation is granted. Clients falling into this category will be referred to a law firm or other fiduciaries for certain services, including formation services. Our services are not available to unregulated entities or individuals. Nothing on this website constitutes an offer, solicitation, or advice to unregulated parties. This communication is for informational purposes only, and contains general information only. Carta is not, by means of this communication, rendering accounting, business, financial, investment, legal, tax, or other professional advice or services. This publication is not a substitute for such professional advice or services nor should it be used as a basis for any decision or action that may affect your business or interests. Before making any decision or taking any action that may affect your business or interests, you should consult a qualified professional advisor. This communication is not intended as a recommendation, offer, or solicitation for the purchase or sale of any security. Carta does not assume any liability for reliance on the information provided herein. © 2025 eShares, Inc. dba Carta, Inc. All rights reserved. Reproduction prohibited. (1,178 words)
- [Scope of Services: Implementation for Fund and SPV Administration (AMEA) | support.carta.com](/content/support/kb/guide/en/scope-of-services-implementation-for-fund-and-spv-administration-amea-xolrm9wrxi/steps/5685869/index.html): Scope of Services: Implementation for Fund and SPV Administration (Existing) Documents should be provided within 2 weeks of signing the Engagement Letter to ensure a timely implementation period.1. Account setupCarta will:Set up a Carta account for all entities under contractAdd the firm's logo to the Carta accountConnect the bank accounts of all entities under contract to Carta to facilitate future reconciliations and treasury services. When the connection is not possible due to the bank’s online portal limitations, Carta will only add the bank account details and manually import transactions through the last financial statement provided.Provide a shared Box.com folder for Client to upload legacy documents where necessary (1) (1) Client will upload documents directly to the dedicated Box folder provided by Carta. Necessary documents or information you will provide to Carta:(2)The investment firm logoRead-only bank account access for all fund-related entities with prepare-only permissions.Certified True Copies of fund formation documents for the respective entities that Carta will be servicing including:Certificate of Incumbency - issued within past 6 monthsCertificate of Registration / IncorporationMemorandum &amp; Articles of Association / Constitution documentRegister of DirectorsRegister of MembersAuthorised Signatory list, with specimen signatureSelf-certification form (FATCA/CRS)Certified True Copies of governing legal documents for all entities, such as LPAs, PPMs, LLCAs, and Operating Agreements (should include ownership percentages for GPs and management companies)Organizational chart including all entities under contract - signed by Directors or Authorised SignatoriesLegal and Tax Opinion of the fund structure (if any)For fund managers based in Singapore, notification letter of approval of CMS license by the Monetary Authority of SingaporeCertified True Copies of proof of ID and address and FATCA/CRS self-certification form for individual directors or authorised signatories of the respective entities2. Upload of investor informationCarta will:Upload the following investor information into the Carta platform for all funds:NameCommitment amountTax IDFull addressEmail addresses for primary and secondary contacts with respective document permissions Note: Investors will be prompted by the Carta platform to enter their own wire instructions upon login. Due to the sensitivity of the data, we highly encourage requiring your investors to update their Carta account with their most up-to-date wire instructions instead of relying on any legacy data. Necessary documents or information you will provide to Carta:(2)Fully executed subscription documents, W-8s / W-9s (as applicable), and side letters for all LPsExcel document contact list including all investors’ legal names, tax IDs, commitment amounts, and email addresses for primary and secondary contacts with respective permissions, if available (2) Additional documentation or information may be required as circumstances warrant. 3. Upload of historical accounting books and recordsCarta will:For fund accounting records through the prior year end:Upload accounting transactions of contributions, distributions, investments purchases and sales on a date-by-date basisUpload a balance load of all other balance sheet and income statement items on an inception-to-date balance basis (i.e., not on a date-by-date basis) (Example: if the First Carta Reporting period is Q2 2022, accounts will be added as of Q1 2022 balance.For fund accounting records for the current year:Provide reconciliation per transaction directly from the bank account through the last financial statement provided (i.e. Year to Date information on a date-by-date basis)*Carta must have received financial statements for these periods Necessary documents or information you will provide to Carta:(2)General ledger (Excel) for each year since fund's inception plus current year quarters to datePrior year ending financial statements and supporting workpapers (audited, if available) (PDF and Excel)Current year financial statements for each quarter period, including workpapers and financial statements (if available) including support schedules and investor allocation support calculations (PDF and Excel)Investment Purchase Agreements, Loan Agreements, or other applicable documentation for all investments since inception (including conversions)Investment realization documents including M&amp;A Agreements, Certificates of Dissolution, Letters of Transmittals, or other applicable documentationInvoices for current year expenses including organizational expenses (fund managers to identify expenses that will be reimbursed and provide the relevant supporting documents) and invoices from third party providers  4. Upload of capital account statementsCarta will:Set up allocation rules in the Carta platform (if entity allocations can be supported by Carta) and match the client's historical allocations on an inception-to-date basis through last year-end and current year quarters onlyWhen the Carta platform does not support Client’s allocations, Carta will upload:All contributions and distributions by due dateAll P&amp;L/carry allocations on a ITD basis through last year endAll P&amp;L/carry allocations on a quarterly basis during current year Necessary documents or information you will provide to Carta:(2)All capital call and distribution calculations including due dates and calculations broken out by investor (Excel)Inception to current year quarters breakdown of all the amounts allocated to each investor (Excel)Current year capital call and distribution notices sent to each investor (PDF) 5. Additional recommended documentsIf available, you will provide Carta:(2)Tax returns and K-1s since inceptionCapital call and distribution letters since inceptionComprehensive list of all investment activity since inception including purchases, conversions, realizations, and the dates on which they occurredNet IRR and Deal IRR calculations when applicable (Excel)Financial statements and allocations since inceptionIndividual investor capital account statements since inceptionW-9 for each US investor and W-8BEN for each foreign investor (PDF)Any Management Fee calculations, Interest Income / Receivables, or Prepaid Schedules where applicable (Excel)  (2) Additional documentation or information may be required as circumstances warrant.   DISCLOSURE: This communication is on behalf of eShares, Inc. dba Carta, Inc. ("Carta"). This communication is for informational purposes only, and contains general information only. Carta is not, by means of this communication, rendering accounting, business, financial, investment, legal, tax, or other professional advice or services. This publication is not a substitute for such professional advice or services nor should it be used as a basis for any decision or action that may affect your business or interests. Before making any decision or taking any action that may affect your business or interests, you should consult a qualified professional advisor. This communication is not intended as a recommendation, offer, or solicitation for the purchase or sale of any security. Carta does not assume any liability for reliance on the information provided herein.  © 2026 Carta. All rights reserved. Reproduction prohibited. (899 words)
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- [Electronic Signature Consent | support.carta.com](/content/support/kb/guide/en/electronic-signature-consent-xjbqnsmlf5/steps/3725409/index.html): Electronic Signature ConsentElectronic Signature AgreementBy creating an account on Carta (hereafter referred to as the “Company"), you are signing this Agreement electronically. You agree your electronic signature is the legal equivalent of your manual signature on this Agreement. By creating an account, you consent to be legally bound by this Agreement's terms and conditions. You further agree that your use of a keypad, mouse or other device to select an item, button, icon or similar act/action, or to otherwise provide the Company, or in accessing or making any transaction regarding any agreement, acknowledgment, consent terms, disclosures or conditions constitutes your signature (hereafter referred to as "E-Signature"), acceptance and agreement as if actually signed by you in writing. You also agree that no certification authority or other third party verification is necessary to validate your E-Signature and that the lack of such certification or third party verification will not in any way affect the enforceability of your E-Signature or any resulting contract between you and the Company. You also represent that you are authorized to enter into this Agreement for all persons who own or are authorized to access any of your accounts and that such persons will be bound by the terms of this Agreement. You further agree that each use of your E-Signature in obtaining an account with the Company constitutes your agreement to be bound by the terms and conditions of the Company’s Terms of Service and Privacy Policy as they exist on the date of your E-Signature.Consent to Electronic DeliveryYou specifically agree to receive and/or obtain "Electronic Communications” from the Company. The term "Electronic Communications" includes, but is not limited to, any and all current and future notices and/or disclosures that various federal and/or state laws or regulations require that we provide to you, as well as such other documents, statements, data, records and any other communications regarding your relationship to the Company. You acknowledge that, for your records, you are able to retain the Company’s Electronic Communications by printing and/or downloading and saving this Agreement and any other agreements and Electronic Communications, documents, or records that you agree to using your E-Signature. You accept Electronic Communications provided via your account with the Company as reasonable and proper notice, for the purpose of any and all laws, rules, and regulations, and agree that such electronic form fully satisfies any requirement that such communications be provided to you in writing or in a form that you may keep.Paper version of Electronic CommunicationsYou may request a paper version of an Electronic Communication. You acknowledge that the Company reserves the right to charge you a reasonable fee for the production and mailing of paper versions of Electronic Communications. To request a paper copy of an Electronic Communication contact us at (650) 669-8381.Revocation of electronic deliveryYou have the right to withdraw your consent to receive/obtain communications via your account with the Company at any time. You acknowledge that the Company reserves the right to restrict or terminate your access to your account with the Company if you withdraw your consent to receive Electronic Communications. If you wish to withdraw your consent, contact us at (650) 669-8381.Valid and current email address, notification and updatesYour current valid email address is required in order for you to obtain Electronic Communications from the Company. You agree to keep the Company informed of any changes in your email address. You may modify your email address by logging into your account on the Company’s website. The Company may notify you through email when an Electronic Communication or updated agreement pertaining to your account is available.Hardware, software and operating systemYou are responsible for installation, maintenance, and operation of your computer, browser and software. The Company is not responsible for errors or failures from any malfunction of your computer, browser or software. The Company is also not responsible for computer viruses or related problems associated with use of an online system. We require, at minimum, a functioning modern web browser that was released in the past two years (such as a recent version of Microsoft Edge, Google Chrome, Mozilla Firefox, or Safari) running on an up-to-date operating system (such as Windows 10, OS X Mojave, etc). Unsupported browsers may not receive full functionality of the product. For example, we support Apple's Safari browser on macOS Mojave or High Sierra (both updated within the past two years), but not Internet Explorer on Windows 8, as Internet Explorer is no longer supported or being updated by Microsoft.Controlling AgreementThis Agreement supplements and modifies other agreements that you may have with the Company. To the extent that this Agreement and another agreement contain conflicting provisions, the provisions in this agreement will control (with the exception of provisions in another agreement for an electronic service which provisions specify the necessary hardware, software and operating system, in which such other provision controls). All other obligations of the parties remain subject to the terms and conditions of any other agreement. It is recommended that you print a copy of this Agreement for future reference. (852 words)
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- [Scope of Services: Loan Operations - Full-Service | support.carta.com](/content/support/kb/guide/en/scope-of-services-loan-operations-full-service-kwbfx4wdli/steps/4745843/index.html): Scope of Services: Loan Operations - Full-ServiceServiceCarta responsibilitiesClient responsibilitiesSource data collection  Capturing significant loan terms for each loan in a lender’s portfolio, as described in specified material loan documentation, as well as incorporating relevant modifications of such terms in loan operations software platformProvide Carta with complete material loan agreements and documentation, for each loan to be tracked as well as any future modifications to such documentation.Certify Carta’s right to use data and grant or assure Carta has relevant servicing rights necessary to effect scoped services.  Provide relevant contact information for counterparties.Covenant Reporting Monitor and verify relevant counterparty’s compliance with specified financial covenants, based solely on data provided by client, and notifying client of potential unremediated breaches or defaults.  Track history of financial covenant compliance in periodic monthly reports.Provide Carta with relevant periodic data for calculation of quantitative financial covenants. Client will ultimately determine if/when to trigger a covenant default or cure period and if/when to provide any necessary notices, subject to the terms of the credit agreement or other lending document. Interest Calculation/ Reporting Monthly/quarterly reporting of interest payments, financial performance, and covenant compliance status.Use loan operations software to generate and send payment requirement notifications to borrowers, tracking payments, and reconciling cash flows.  Notifications to lenders for missing/incorrect payments.Client will ultimately determine if/when an interest payment is due and if such payment is made on time, subject to the terms of the credit agreement or other lending documentTransferring interest accrual data from loan operations platform to corresponding loans on Carta.Client to provide banking feed or transaction reports to allow reconciliation.Client Portals  Carta to provide read-only access to loan operations platform for loan information for relevant lenders.Client to provide relevant documentation to loan operations software platform for lender permissioning and onboarding.Carta to provide relevant borrowers read-only access to loan operations borrower portal.Client to provide relevant documentation to loan operations for borrower permissioning and onboarding. Borrowers will be responsible for updating their information, including maintaining investor contact preferences and other requested information on the loan operations borrower platform.  All communications with lenders and borrowers will be via the loan operations platform, which will serve as the communication repository for notices, reports and calculations.    Carta will prepare reports regarding covenants based on information provided by Client. When making calculations of amounts payable, interest accrued or any calculation in connection with covenant reporting, Carta will rely on the completeness and accuracy of the materials and information provided by or on behalf of Client, and Client represents and warrants that the information provided to Carta is true and correct.  Client confirms and covenants that any loan subject to Carta operations does not and will not constitute “plan assets” subject to Title I of the Employee Retirement Income Security Act of 1974, as amended or  Section 4975 of the Internal Revenue Code of 1986, as amended. Client confirms that no loan subject to operations services is or is constituted from  residential mortgages or other real property.  For the avoidance of doubt, Carta is not licensed as a mortgage servicer in any jurisdiction, including under the SAFE Mortgage Licensing Act of 2008 or under any US state law and provides no services requiring such license or registration.  Client acknowledges that: (a) Client is solely responsible for the accuracy of the information provided by Client, and (b) Carta will not independently verify any information provided. Client is responsible for determining any responsibility for AML/KYC compliance in connection with loan payments or otherwise.  Contact your Carta representative to engage separate AML/KYC services for an additional fee. – 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. Carta does not assume any liability for reliance on the information provided herein.  © 2025 eShares, Inc. dba Carta, Inc. All rights reserved. (604 words)
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- [Scope of Services: Loan Operations - Software Platform | support.carta.com](/content/support/kb/guide/en/scope-of-services-loan-operations-software-platform-nksawttqtr/steps/4746166/index.html): Scope of Services: Loan Operations - Software Platform With the Carta Loan Operations software platform, you can:View and manage loan terms for private credit investmentsTrack and report on covenant compliance using platform-driven calculations Monitor and reconcile cash flows, including interest accruals and payment tracking Provide borrowers and lenders with secure read-only access to performance reports Centralize amendments, restatements, and supporting documentation Generate automated monthly reports for internal and external stakeholders Maintain an audit trail of loan performance over time –Onboarding process:Kick-off call: Our implementation team will walk you through the onboarding process, including data requirements and platform capabilities. Data collection and upload: We’ll work with you to configure your Carta Loan Operations account using your existing loan portfolio and supporting materials. Final review and Carta Loan Operations tutorial: We’ll schedule a call to review your configured platform and provide a walkthrough. Onboarding typically takes 4–6 weeks after receipt of all required documentation. Carta will:Configure your initial loan portfolio in the Carta Loan Operations platform based on material documentation provided Set up borrower and lender access to their respective portals based on your instructions Provide training and support resources on how to navigate and use the platform Maintain the software platform and offer technical support for system issues You are responsible for:Providing all required loan, borrower, and lender documentation during the onboarding phase (materials should be submitted within 2 weeks to ensure a timely implementation) Uploading new loans, amendments, modifications, covenant inputs, and any reporting deliverables after initial implementation Certifying the right to use any data provided and ensuring data accuracy for all reporting and calculations Managing servicing responsibilities, including determining and acting upon defaults, breaches, and notices Ensuring borrower and lender access remains current and secure Performing internal AML/KYC procedures as needed (Carta does not provide these services by default)  –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. Carta does not assume any liability for reliance on the information provided herein.  © 2025 eShares, Inc. dba Carta, Inc. All rights reserved. (305 words)
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- [Prohibited and Restricted Activities | support.carta.com](/content/support/kb/guide/en/prohibited-and-restricted-activities-3olkbb2cvk/steps/3724866/index.html): Prohibited and Restricted ActivitiesThe examples listed below are not exhaustive, and we reserve the right to modify or update the lists below at any time by posting a revised version to our website. The revised version will be immediately effective upon posting.If we determine in our sole discretion that you engage or have engaged in activities that are illegal, may harm others or our reputation or operations, or violate our or others rights, including but not limited to by engaging in any of the activities below or authorizing or helping others to do so, we may deny, terminate, or suspend your use of the Carta Services (as defined in the Master Subscription Agreement). Prohibited ActivitiesPornography, adult chat, adult entertainment, or other sexually explicit products or services Restricted ActivitiesCompanies that are engaged in the following activities or businesses may be required to provide additional information or documentation or may be ineligible for certain Carta Services:Production, sale, or distribution of tobacco, nicotine, or tobacco-like productsProduction, sale, or distribution of marijuana, cannabis, or psychedelicsGambling, betting, lotteries, sweepstakes, or games of chance, including casinos and card clubs (in each case, online or otherwise)Money services businesses (MSBs),  money transmitters, or online payment processorsProduction, sale, or distribution of guns, accessories, ammunition, or other weapons or like-weapons of warVirtual currencies (VC), convertible virtual currencies (CVC), or virtual currency exchanges Precious metals and jewelry including but not limited to gold, diamonds, platinum, and rare earth stones (including but not limited to rubies and sapphires) If you are using Carta Services that involve one of Carta’s financial institution partners, there may be additional categories of prohibited or restricted activities.Please contact us if you are unsure whether your business or activities are permitted by Carta. (296 words)
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- [Carta Electronic Communication Disclosures | support.carta.com](/content/support/kb/guide/en/carta-electronic-communication-disclosures-6nbwjwdn5r/steps/3725331/index.html): Carta Electronic Communication DisclosuresCONFIDENTIALITY NOTICE: This electronic communication, and any attachments, may contain information that is privileged, confidential, proprietary and/or exempt from disclosure under applicable law. It is intended only for  the recipient(s) named above. If you are not the intended recipient or duly authorized agent thereof, you are on notice that any disclosure, copying,  dissemination or use of the information herein (including any reliance thereon) is prohibited. If you received this electronic communication in error, please immediately notify the sender and permanently delete the communication and any attachments, in both electronic or hard copy. DISCLAIMER: This electronic communication and any attachments  are believed to be free of any virus or  defect that might affect any computer system into which it is received and opened, it is however the responsibility of the recipient to ensure that it is virus-free. eShares, Inc., dba Carta, Inc., nor its affiliates and/or subsidiaries (collectively “Carta entities”), are not responsible  for any error, loss or damage arising in any way from its use. Carta entities reserve the right to monitor, at its discretion, the content of all electronic communications  sent by or to Carta entities.GENERAL GUIDANCE: The services and information herein  are provided to you “as is” and “as available” without warranties of any kind, expressed, implied or otherwise, including but not limited to all warranties of merchantability, fitness for a particular purpose, or non-infringement.  Carta entities will not be liable for any damages, including without limitation direct, indirect, special, punitive or consequential damages, caused in any way or arising from the use of the services or reliance upon the information provided in this communication or in connection with any failure of performance, error, omission, interruption, defect, delay in operation or transmission, computer virus or line or system failure.This communication is for informational purposes only and is not an offer to buy or sell or a solicitation of any offer to buy or sell any security or other financial instrument or to participate in any trading or investment strategy.Nor is this communication providing tax, legal, regulatory, accounting or investment advice, Carta entities do not render such advice. We are not advising you to take any particular action based on the information or opinions (if any) herein. Before entering into any transaction, you should consult with your own personal tax, accounting legal and/or investment advisor. SECURITY WARNING: Sending electronic communications that contains private personal information poses a security and privacy risk and we request that you not do so.© 2025 eShares, Inc., dba Carta, Inc.© 2025 Carta Valuations, LLC© 2025 Carta Investor Services, Inc.© 2025 Carta Financial Technologies, LLC (417 words)
- [eSign Disclosure for Form W9/W-8BEN | support.carta.com](/content/support/kb/guide/en/esign-disclosure-for-form-w9-w-8ben-utugp8ikyf/steps/3724753/index.html): eSign Disclosure for Form W9/W-8BENFederal Electronic Signature and National Commerce Act (“e-Sign Act”) Disclosures Federal law requires eShares Inc., dba Carta Inc. (“we” or “us”) to provide you the following disclosures and you must affirmatively consent to the following: By clicking I CONSENT: You indicate that you are providing your informed consent to electronic delivery to you and submission from us to you your W-8 or W-9 and all related communications, notices, information and related documentation; You are instructing us to accept your entry of your signature on our site and to treat the signature as a valid digital signature on your Form W-8 or W-9; and Your consent will only apply to your Form W-8 or W-9 and all related communications, notices, information, and related documentation.Your Right to Decline or Withdraw Your ConsentYou have the right to decline to consent by clicking on the X button on our website to cancel out of the process to electronically complete and sign your applicable tax form. Additionally, you may withdraw your consent at any time by contacting us by mail at 333 Bush Street, Floor 23, Suite 2300, San Francisco, CA 94104. You may also submit a case or call via Carta’s Help Center. If you do not provide us with consent, or if you withdraw your consent at any time, you will be required to complete, sign, and send us the paper version of the applicable form, unless you provide us with consent in electronic form.Requirements for Access to Forms and Record RetentionYou agree that other than access to the internet and https://carta.com/, no special hardware or software is needed for access to or retention of your tax forms, other than your ability to register your user name and password. In order to print a copy of the applicable tax forms for your records, you will require access to the internet, a program to access documents in .pdf, paper, and access to a printer connected to the internet. To download your completed tax forms, you will require a software program that can download and open a .pdf file. If any changes in the hardware or software requirements are needed to access or retain your electronic tax forms, we will notify you by e-mail to the e-mail address you provided. We advise you to periodically check your account profile to ensure that all of your contact information, including your e-mail address, is current and up-to-date. (409 words)
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- [Scope of Services: US Due Diligence (Cayman Based Funds) | support.carta.com](/content/support/kb/guide/en/scope-of-services-us-due-diligence-cayman-based-funds-agx3r28jy3/steps/3724982/index.html): Scope of Services: Investor KYC Due Diligence (Cayman Based Funds)This document outlines what information Carta collects, what Carta performs, and what the client is responsible for providing when conducting Know Your Customer (KYC) due diligence for Cayman-based funds.ServiceCarta responsibilitiesClient responsibilitiesDue Diligence Screening &amp; Identity Verification Cayman-Based Funds Provide the Client with a comprehensive report of findings (“due diligence report”) on Customer Due Diligence (“CDD”), including the verification of investor identities through documentary and non-documentary reviews, complimented by real-time screening results from global sanctions, PEP, enforcement, and adverse media watchlists. The report will be issued within an estimated 3-5 business days* of Carta receiving all necessary information from Client and/or investor. Carta will only perform screening on specific investors as requested by Client. Identity Verification Review for IndividualsU.S. ID verification: With IRS Taxpayer Identification Number and third-party databases as well as valid government-issued photo ID (e.g. passport, driver license) provided by Client.Non-U.S. ID verification: With valid government-issued photo ID provided by Client. Identity Verification Review of EntitiesEntity information Control person of entityIndividual beneficial owners with 10% or more ownership, as applicableVerification of identification as described aboveSanctions &amp; Watch List ScreeningPolitically Exposed Persons (PEP) listSanctions listEnforcement list; and Adverse mediaRisk AssessmentRisk Rating Assessment performed on each investorClient to notify Carta on investors to be screened. Client to initiate screening of investors via in-app product (or manual). . Client (either through Client, Client's legal counsel, or investor directly) must first provide Carta with all necessary investor information, as follows: IndividualsValid government-issued photo ID (e.g., passport) — must not be expired — which includes full name, document ID number, expiry date, nationality, date and place of birth, and signature pageProof of address (e.g., utility bill or bank statement) dated within the past 3 months — P.O. Box, credit card bills, and mobile phone bills are not acceptableSource of Funds and Source of Wealth declaration — describing origin of funds for the investment in detail (not generic descriptions)Completed U.S. IRS W-8 tax withholding form (appropriate version for individual type)Completed CRS Self-Certification form (individual version) – applicable to non-US clients onlyEntities (Corporations)Certified copy of Certificate of Incorporation (including any name changes)Certified copy of Memorandum and Articles of Association / ConstitutionCertified copy of Certificate of Incumbency / Good Standing Certified copy of Register of DirectorsCertified copy of Register of ShareholdersCertified copy of structure chart showing all shareholders with 10%+ direct or indirect interest, including country of residence/incorporation and percentage ownershipCertified copy of board resolution approving the investmentCertified copy of authorized signatory list with specimen signatures and signing authority (not more than 1 year old)Description of nature, purpose, and industry of the businessSource of Funds and Source of Wealth declarationCompleted U.S. IRS W-8 tax withholding form (entity version)Completed CRS Self-Certification form (entity version) – applicable to non-US clients only KYC documents as outlined for each entity type for control person(s) and beneficial owner(s)Limited Partnership InvestorsCertified copy of Certificate of Registration (including any name changes)Certified copy of the Limited Partnership Agreement (LPA)Certified copy of Certificate of Good Standing Certified copy of structure chart detailing all LimitedPartners/Shareholders with 10%+ direct or indirect interest, including country of residence/incorporationCertified copy of board resolution approving the investmentCertified copy of Register of Limited Partners (including the General Partner)Certified copy of authorized signatory list with specimen signatures and signing authority (not more than 1 year old)Description of nature, purpose, and industry of the businessSource of Funds and Source of Wealth declarationCompleted CRS Self-Certification form (entity version) – applicable to non-US clients onlyKYC documents as outlined for each entity type for control person(s) and beneficial owner(s)Trust InvestorsCertified copy of structure chart detailing all settlors, protectors, beneficiaries, and trustees, including country of residence/incorporationCertified copy of the current Trust Deed and Declaration of Trust, including: trust name, date and jurisdiction of establishment, trustee powers, details of settlor, beneficiaries, and any protectors or controllers, and the signature page with sealCertified copy of authorized signatory list with specimen signatures and signing authority (not more than 1 year old)Description of nature, purpose, and objectives of the entity (e.g., discretionary, testamentary)Certified copies of passport (min. 6 months validity) and proof of address (dated within 3 months) for: all trustees, all settlors, any protectors or controllers, any beneficiary with a vested interestSource of Funds and Source of Wealth declarationCompleted CRS Self-Certification form (entity version) – applicable to non-US clients onlyRegulated / Listed Entity InvestorsCertified copy of Certificate of IncorporationCertified copy of board resolution authorizing the investmentEvidence that the entity is regulated by a national financial regulator in an approved jurisdiction, or is listed on a recognized stock exchangeCertified copy of authorized signatory list with specimen signatures and signing authority (not more than 1 year old)Certified copies of passport (min. 6 months validity) and proof of address (dated within 3 months) for all authorized signatoriesCompleted CRS Self-Certification form (entity version) – applicable to non-US clients onlyFor each individual beneficial owner / control person:KYC documents required for each such individual or corporate entity will follow the individual or entity requirements respectively.For each corporate beneficial owner:KYC documents as outlined in the Corporation or Limited Partnership sections abovePeriodic Review Obtain and review updated CDD informationRe-perform risk rating assessmentPerform monthly screening of investor names for the duration of the contractNotify Client of any changes to the screening results or risk rating assessmentProvide updated investor information and documents upon Carta's requestNotify Carta of any material changes to investor structure, ownership, or statusImportant Notes Document Language: All Entity KYC documents must be in English or translated into English by a certified translator. Additional Requests: Carta may request additional information or documents during the CDD review as deemed necessary to verify investor identity. Certification: Certified copies must be certified by an eligible certifier (e.g., lawyer, notary, regulated financial institution officer, embassy officer). Self-certification is not accepted. Documents certified must be dated within 3 months of submission. Source of Funds / Source of Wealth: Additional confirmation of Source of Funds may be required in certain circumstances. Declarations must be substantive and specific — generic descriptions such as “business interests” or “shareholders” are not sufficient. This scope is designed for funds domiciled in the Cayman Islands and complies with AML rules and regulations set by the Cayman Islands Monetary Authority (“CIMA”). 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- [Scope of Services: Carta Management Company Administration | support.carta.com](/content/support/kb/guide/en/scope-of-services-carta-management-company-administration-5wzmeiwx0z/steps/3724579/index.html): Scope of Services: Carta Management Company AdministrationPer annum pricing will be determined based on your individual management company entity structure, needs, and complexities. Standard / Complex I. Accounting ServicesAccounting services are supported for USD-denominated entities only. Financial Reporting The following Carta system-generated year-end reports will be made available annually for the Management Company in the Carta platform:Balance SheetStatement of OperationsCarta system-generated financial reports will be made available in the Carta platform.Books and RecordsCarta will update and maintain the accounting books and records for the management company. You will have easy, read-only access to review the books and records. For the Management Company, Carta will:Maintain annual accounting books and records (dependent on completion of fund’s books and records)Grant read-only access on the Carta platform for review of books and records, including the balance sheet, income statement, and general ledger to individuals specified by youConduct capital transaction tracking by member (contributions and distributions)Provide monthly open items listProvide monthly cash reconciliation up to an average of:Standard: 40 transactions per monthComplex: 80 transactions per monthRecord and track intercompany payable and receivable balances between the management company and affiliated entities administered by CartaStandard: Up to 3 affiliated entitiesComplex: 4 or more affiliated entitiesRecord credit card and expense reimbursements on an aggregated basis by expense type and entity category as provided by Client on Carta-provided templateRecord payroll within the Management Company's books and recordsNon-cash accruals:Standard: N/A - Carta will not process non-cash journalsComplex: Carta will process non-cash journals such as expense accruals, amortizations, etc. on an annual or quarterly basisYou will (1):Provide executed copies of the Management Company’s W-9 and Operating AgreementProvide updated Management Company ownership schedulesProvide additional verification of balance sheet items (as needed)Provide responses to monthly open items list within 15 business days after receipt from Carta and within 5 business days for year end purposesProvide clear and timely written instruction on any expenses paid by the management company on behalf of any other entities, whether administered by Carta or not, and create invoices that are sent to portfolio companies or other parties for services rendered, board feed, and/or any other monies dueProvide detailed breakout of credit card statements including expense and entity categorization on a monthly basis in tabular format (MS Excel or Google Sheets) on Carta-provided templateUtilize credit cards for management company expenses. Debit card usage is not permitted for Carta ManCo administration Maintain any support necessary for any governmental or private auditEngage with third-party payroll provider and maintain responsibility for full setup of payroll provider (including all employee changes) and provide Carta with read-only access to payroll platformNon-cash accruals:Standard: N/A - No non-cash supportComplex: Provide amounts and details such as vendors and dates related to non-cash accrualsUpdate expected budget values within the Carta GL on an ongoing basisAccess the Carta platform for self-serve monthly budget vs. actual reports available within the Carta GLBanking and PaymentsCarta will:Set up electronic payments for all cash activity as requestedCarta will not process payments on third party platforms other than the approved client bank and bill.comYou will provide Carta (1):Access to the management company’s bank account with your chosen banking partner as approved by Carta*, with the ability to set up payments (bank must have two step-authorization capability and account must be in the management company’s name)Read-only access to bank account with the ability to set up wiresVendor W-9s and email contact prior to initial paymentWire or other payment instructions and invoices for expensesWire instructions, invoices, vendor email and W-9s for expenses and investments, create invoices that are sent to portfolio companiesYou are responsible for:Setting up bank accounts, one for each Carta administered entity, with your chosen banking partner as approved by Carta*Final review and releasing of payments after you receive confirmation from CartaPerforming any call backs to your vendorDepositing checksEnsuring accurate user profile setup within the Carta platformEstablishing authorized access to your bank accountResolving any failed, rejected, returned, or on hold payments due to additional information or documentation needed by your banking partner* Change in banking partner may result in a fee adjustment. These services are subject to the Venture Capital Payment Terms and Conditions.Year-end Filings, Tax and Regulatory ReportingCarta will:Provide books and records, along with supporting documentation, to tax provider specified by you through BoxDistribute K-1s to partnersProcess member draws:Standard: Up to an average of once per quarter over the coverage periodComplex: Up to an average of once per month over the coverage periodProcess payments related to regulatory reporting and feesManage the Form 1099 process electronically at year-end as approved, including filing with IRS on client’s behalfYou will:Calculate and instruct member drawsCalculate any necessary owner allocationsComplete dissolution of the business at end of its lifeProvide executed tax engagement letters and tax returnsCoordinate with your selected tax provider to file for an extension, as necessaryComplete any municipal, state, foreign, or federal reporting or regulatory filings. Such filings or reporting will not be completed by CartaEnsure timely completion of regulatory business filings such as, but not limited to, Form ADV-1Review and approve year end 1099 summary by vendorTo discuss any services that are outside of the scope addressed above, please talk to your Carta representative. (1) Additional documentation or information may be required by Carta as circumstances warrant. DISCLOSURE: This communication is being sent on behalf of Carta Investor Services, Inc. (“Carta”), an affiliate of eShares, Inc. dba Carta, Inc. Certain transactional fees may apply. 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. Carta does not assume any liability for reliance on the information provided herein. (936 words)
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- [Scope of Services: GP Entity Administration | support.carta.com](/content/support/kb/guide/en/scope-of-services-gp-entity-administration-ccshxupcw1/steps/3724987/index-2.html): Scope of Services: GP Entity AdministrationPer annum pricing will be determined based on your individual GP entity structure, needs, and complexities.  I. Accounting ServicesUS GAAP ReportingThe following year-end reports will be produced annually by Carta for the GP entity:Balance SheetStatement of OperationsCarta system-generated financial reports will be made available in the Carta platform.Books and RecordsCarta will update and maintain the accounting books and records for the GP entity. You will have easy, read-only access to review the books and records. For the GP Entity, Carta will:Maintain annual accounting books and recordsGrant read-only access on the Carta platform for review of books and records, including the balance sheet, income statement, and general ledgerConduct capital transaction tracking by member (contributions and distributions)Provide annual cash reconciliationProvide valuation updates per fund statement*You will(1):  Maintain vesting schedules for GP members(2)Provide an executed copy of the GP entity’s W-9Provide an executed copy of the GP entity’s Operating Agreement(2)For GP entities also conducting business on behalf of or in lieu of a management company, please refer to the Management Company Scope of Services for the services available for an additional fee.* Reporting will not be provided on a look-through basis.Banking and PaymentsCarta will: Set up electronic payments for all cash activity as requestedManage Form 1099 process electronically at year-end as approved, including filing with IRS on client’s behalfYou will provide Carta(1):  Access to the GP entity’s bank account as required, with the ability to set up payments (bank must have two step-authorization capability and account must be in the GP entity’s name)Vendor W-9s and email contact prior to initial paymentWire or other payment instructions and invoices for expensesYou are responsible for:Setting up bank accounts, one for each Carta administered entity, with your chosen banking partner as approved by Carta*Final review and releasing of payments after you receive confirmation from Carta Performing any call backs to your vendorDepositing checksEnsuring accurate user profile setup within the Carta platformEstablishing authorized access to your bank account Resolving any failed, rejected, returned, or on hold payments due to additional information or documentation needed by your banking partner * Change in banking partner may result in a fee adjustment.These services are subject to the Venture Capital Payment Terms and Conditions.Year-end Filings and TaxCarta does not provide year-end filing or tax services for GP entities.You will:Coordinate with your selected tax provider to file for an extension, as necessaryComplete any municipal, state, foreign, or federal reporting or regulatory filings. Such filings or reporting will not be completed by CartaTo discuss any services that are outside of the scope addressed above, please talk to your Carta representative.(1) Additional documentation or information may be required by Carta as circumstances warrant. (2) If you have purchased Fund Formation Services with Fund Administration, Carta will provide vesting schedules for GP members and an executed copy of the GP Entity’s Operating Agreement.DISCLOSURE: This communication is being sent on behalf of Carta Investor Services, Inc. (“Carta”), an affiliate of eShares, Inc. dba Carta, Inc. Certain transactional fees may apply. 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. Carta does not assume any liability for reliance on the information provided herein. (210 words)
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- [The Carta liquidity report: Q3 2022 | Carta](/content/data/liquidity-report-q3-2022/index.html): Q3 saw a decline in secondary liquidity across sectors. Our Q3 liquidity report includes analysis of trends in seller participation, transaction volume by stage and sector, and more. (1,708 words)
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- [Why Singapore-Based Mito Health Believes Carta Is Necessary for Any Startup](/content/sg/en/customer-stories/mito-health/index.html): Singapore-based health-tech startup Mito Health launched in April 2023 but was already seeing enough early success to know it needed to build a scalable foundation for future growth. (478 words)
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- [VC Fund Performance: Q2 2025](/content/sg/en/data/vc-fund-performance-q2-2025/index.html): The percentage of venture funds on Carta that have begun to return capital to their LPs jumped noticeably in Q2 for every vintage from 2017 through 2023, as investors demonstrated a new urgency around generating DPI.  (928 words)
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- [R&D expensing: Issue brief | Carta](/content/policy/issue-brief-research-development-expensing/index.html): Restoring R&D tax treatment to the historical standard will stimulate job growth and small business entrepreneurship. It will also help ensure the United States remains competitive in the global tech economy.  (854 words)
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- [From 409As to SAFEs, Double A Labs Uses Carta to Scale](/content/sg/en/customer-stories/double-a-labs/index.html): Austin-based Double A Labs is bringing the metaverse to the corporate universe by allowing companies to create their own virtual worlds where employees can collaborate. (673 words)
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- [The Carta 409A Valuation Process | Carta](/content/product-updates/the-carta-409a-valuation-process/index.html): In this post, we fully detail the Carta 409A valuation process from initial request to an audit-defensible final report. (479 words)
- [Business-to-Business (B2B) Meaning & Examples](/content/sg/en/learn/startups/private-companies/b2b/index.html): B2B stands for “business-to-business” and is used to describe companies, transactions, marketing, and other aspects of e-commerce. Learn whether the B2B business model is right for your startup. (552 words)
- [Relativity Chose Carta LLC Platform to Help Manage Its Equity Program](/content/sg/en/customer-stories/relativity/index.html): Relativity, a legal technology company, turned to Carta’s LLC platform following an investment from a prominent private equity firm. (564 words)
- [Fund Economics Report 2025](/content/data/fund-economics-report-2025/index.html): The details of how private funds operate have always remained behind the curtain. Now, Carta provides a never-before-seen glimpse at how VC and PE investors manage and operate their funds. (839 words)
- [How Emergent Ventures Stays Tax-Ready All Year with Carta](/content/customer-stories/emergent-ventures/index.html): Emergent Ventures, a venture capital firm based in San Mateo, California, counts on Carta for end-to-end fund management, connecting tax readiness with fund administration in one place. (861 words)
- [The Carta Blog: All Posts](/content/uk/en/blog/all/index.html): See all of our blog posts in all categories by date. (165 words)
- [Video: We are Carta | Carta](/content/blog/video-working-at-carta/index.html): We recently travelled to all of our offices to capture what it's like to work at Carta. Get a closer look at our company culture. (126 words)
- [Carta Cap Table Plugin](/content/uk/en/product-updates/cap-table-plugin/index.html): Get instant, grounded answers to complex cap table questions. Connect Claude to your live data for rapid ownership, 409A valuations, and exit waterfall analysis. (438 words)
- [Burn Rate Calculator & Formula | Carta](/content/uk/en/learn/resources/burn-rate-calculator/index.html): Calculate your company’s burn rate and cash runway with Carta’s free burn rate calculator. Estimate how long your cash will last and when to raise more capital. (182 words)
- [Why Talent-Acquisition Startup Guide Switched from Pulley to ‘Industry Standard’ Carta](/content/customer-stories/guide/index.html): Guide began as a custom-built interview tool for co-founder Troy Sultan’s earlier startup.  (965 words)
- [Modern Fund Operations: A Practical Guide for VC Firms](/content/sg/en/learn/resources/modern-fund-operations-playbook/index-2.html): Find out how CFOs and GPs of venture capital firms are unifying data and automating workflows to accelerate decisions, satisfy LPs, and enable AI-ready fund operations. (118 words)
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- [Relativity Chose Carta LLC Platform to Help Manage Its Equity Program](/content/customer-stories/relativity/index.html): Relativity, a legal technology company, turned to Carta’s LLC platform following an investment from a prominent private equity firm. (561 words)
- [PE Blueprints | How to Structure Private Equity Ownership](/content/uk/en/learn/resources/pe-blueprints/index.html): This free guide is designed to help private equity firms, portfolio companies, and their legal teams navigate the nuances of PE management incentives. (129 words)
- [Schedule of Investments (SOI): A Complete Guide](/content/uk/en/learn/private-funds/management/portfolio-management/soi/index.html): Learn about the schedule of investments, including its core components and compliance requirements, and how to streamline its preparation from data collection to final presentation for your LPs and auditors. (955 words)
- [SEC issues relief to expand retail exposure to private capital; examines IPO frictions](/content/uk/en/policy/policy-weekly-05-05-26/index.html): SEC issues relief to open-end funds, expanding private market access. Meanwhile, frontier AI labs partner with PE firms, forming rival joint ventures that accelerate enterprise adoption of its tools.  (651 words)
- [Top Six Workflows of Data-Driven Venture Managers](/content/sg/en/blog/fund-forecasting-top-workflows-data-driven-venture-managers.html): At Carta, we work with hundreds of data-driven managers globally in helping them with portfolio construction, reserve planning, and portfolio management functions. Here are the common patterns and workflows of the best-performing managers. (1,720 words)
- [Not All Boats Rise with the AI IPO Tide: Policy Weekly 7/17/26](/content/uk/en/policy/policy-weekly-07-17-26/index.html): Plus, the SEC goes digital, and the Senate loses a giant. (2,053 words)
- [Speed, Accuracy, and Insight: Building a Tech-Forward Path to Day One Financials](/content/uk/en/blog/day-one-financials/index.html): We spoke to Amanda Halfeld, Director at Alpha Alternatives, about technology-first fund administration, how it’s redefining what CFOs expect from their providers, and how Carta’s approach meets growing demand for real-time visibility and control.
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- [2025 Carta Policy year in review](/content/uk/en/policy/policy-year-in-review-2025/index.html): Carta Policy looks back on key 2025 wins—including tax reform, the INVEST Act, and SEC engagement—and previews a pivotal 2026 for private market regulation, capital access, and digital asset policy. (963 words)
- [Policy Insights: Emerging VC fund managers | Carta](/content/uk/en/policy/policy-insights-09-10-24/index.html): Emerging managers are critical to expanding the innovation economy and driving U.S. competitiveness. Carta advocates for better policies to support them.
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- [Portfolio Construction: How to Build a Fund Strategy](/content/sg/en/learn/private-funds/management/portfolio-management/portfolio-construction/index.html): Understand the process of portfolio construction for private funds, from developing an investment thesis to modeling the key levers that will define your fund's strategy. (869 words)
- [Regulation D: Offerings, Exemptions, & Changes](/content/sg/en/learn/private-funds/regulations/regulation-d/index.html): Regulation D outlines some of the rules private funds and companies can follow to raise money by selling securities without having to register. (856 words)
- [RADAR and Carta: Empowering Equity Ownership with QSBS and Early Exercise](/content/customer-stories/radar/index.html): RADAR, which powers location infrastructure for products and services, uses Carta for cap table management, 409A valuations, and compensation benchmarking.  (572 words)
- [Entity Management: Core Components & Best Practices](/content/uk/en/learn/private-funds/structures/entity-management/index.html): Entity management keeps your fund entities compliant, audit-ready, and organized across every jurisdiction. This guide provides everything fund managers need to know. (1,904 words)
- [Policy Insights: QSBS | Carta](/content/uk/en/policy/policy-insights-08-13-24/index.html): QSBS incentivizes investment in startups and helps them recruit talent during their critical early stages. QSBS has proven to be a successful policy—but it can be further enhanced to benefit more employees.  (1,068 words)
- [Salary Benchmarking for Startups: How To Offer Competitive Compensation](/content/learn/startups/compensation/benchmarking/index.html): Learn how salary benchmarking helps startups attract and retain talent by setting fair, competitive compensation. This guide covers key factors, implementation strategies, and solutions for effective salary and equity planning. (937 words)
- [Carta Product Video Tour | Carta](/content/tour/video/index.html): Take an interactive feature-by-feature video tour through Carta's solutions for equity management, venture capital, compensation and more. (21 words)
- [Equity Compensation: A Guide for Employees & Founders](/content/learn/equity/compensation/index.html): Equity compensation is a non-cash part of overall compensation and benefits. Learn the different types of equity startup leaders can offer to their teams. (1,267 words)
- [Carta Policy Insights: Decoding the Data | Startup job creation](/content/uk/en/policy/policy-insights-11-15-24/index.html): From traditional startup hubs to emerging entrepreneurial ecosystems across the country, these ventures are fueling employment opportunities, reshaping the American economy, and leading to our competitive edge.
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- [Sections 3(c)(1) and 3(c)(7) of the Investment Company Act](/content/sg/en/learn/private-funds/regulations/3c1-3c7/index.html): Learn the key differences between the exemptions for private funds offered by Section 3(c)(1) and Section 3(c)(7) of the Investment Company Act. (640 words)
- [Accredited Investors: Definition, Requirements, and Verification](/content/sg/en/learn/private-funds/regulations/accredited-investors/index.html): Understand the accredited investor rule, including the requirements for qualification, why the requirement exists, and how the accredited investor rules may change. (2,260 words)
- [Priced Rounds: Understanding Priced Rounds vs SAFEs](/content/learn/startups/fundraising/priced-rounds/index.html): Learn what a priced round is, how it compares to unpriced rounds like SAFEs, and when it becomes the right strategic choice for your company’s fundraise. (1,150 words)
- [SEC increasing scrutiny on private credit—valuation is the key](/content/uk/en/policy/policy-weekly-04-28-26/index.html): SEC escalates private credit scrutiny, Carta pursues 401(k) equity reform, AI preemption stalls, and data privacy bill advances—plus prediction market insider trading enforcement. (1,296 words)
- [Secondary Markets & Secondary Market Transactions Explained](/content/sg/en/learn/equity/liquidity-events/secondary-transactions/index.html): Understand the function of the private secondary market and how companies can benefit from secondary liquidity and secondary market transactions. (1,308 words)
- [Exempt Reporting Adviser (ERA): Definition & How to File](/content/sg/en/learn/private-funds/regulations/exempt-reporting-adviser/index.html): An exempt reporting adviser is a type of investment adviser that is not required to register with the SEC or a state securities regulator. (1,057 words)
- [How DataTribe Simplified Tax Season by Integrating Fund Admin and Taxes on Carta](/content/customer-stories/datatribe/index.html): DataTribe, a cybersecurity venture capital firm in Washington, D.C., needed integrated fund administration and tax solutions to handle the growing demands of complex investment vehicles. (835 words)
- [Fund Forecasting Resources: Make Data-Driven Decisions](/content/sg/en/learn/collections/fund-forecasting/index.html): Browse our collection of articles, case studies, and virtual events to learn how Carta empowers firms to make data-driven decisions about fund construction, financial planning and analysis, and portfolio monitoring. (251 words)
- [Startup Funding: A Founder’s Guide to Raising Startup Capital](/content/learn/startups/fundraising/index.html): Learn more about the entire startup funding process, including the different types of startup capital, what to expect at each funding stage, and how to prepare for a successful fundraise. (1,186 words)
- [California’s new diversity reporting standards: What VCs need to know](/content/uk/en/policy/ca-vc-diversity-reporting-2026/index.html): California will require most venture capital firms with state ties to report anonymized demographic data on founders starting this year, imposing new compliance obligations and increasing transparency across the VC ecosystem. (987 words)
- [How High Circle Ventures Used SPVs to Launch a VC Firm](/content/sg/en/customer-stories/high-circle-ventures/index.html): Hemanth had been personally investing in late-stage companies for several years, leveraging connections and insights he’d acquired during the 20 years he spent working in IT for Wall Street firms.  (913 words)
- [How to Convert from an LLC to a C-Corp](/content/sg/en/learn/startups/private-companies/convert-llc-to-c-corp/index.html): Understand the differences between a c-corp vs. LLC to help you decide which right for you. Learn what to consider before converting an LLC to a C-Corp. (1,365 words)
- [What Does a Fund Manager Do? Responsibilities & Skillset](/content/sg/en/learn/private-funds/structures/fund-manager/index.html): Understand the core responsibilities of a fund manager in private equity and venture capital. This guide covers your role throughout the fund lifecycle, from investment strategy and fund operations to LP relations and compliance. (1,557 words)
- [What is a SAFE? (Simple Agreement for Future Equity)](/content/learn/startups/fundraising/convertible-securities/safes/index.html): Learn the potential advantages and disadvantages of fundraising with SAFE agreements and everything you need to know before issuing SAFEs. (913 words)
- [Generate Legal Agreements, Issue Interests Seamlessly with Carta's Tools for LLCs](/content/uk/en/product-updates/llc-legal-agreeements-new-tools/index.html): Learn how Carta’s Agreement Execution tool automates and centralizes the interest-agreement signing process, saving LLCs and interest holders time, effort, and resources. (660 words)
- [Form ADV: Instructions for Investment Advisers](/content/sg/en/learn/private-funds/regulations/sec-form-adv/index.html): Form ADV is a disclosure document that all investment advisers must submit to the SEC and to relevant state securities regulators.   (850 words)
- [Convertible Securities: SAFEs vs. Convertible Notes](/content/learn/startups/fundraising/convertible-securities/index.html): In this article, we’ll cover everything you need to know about two common types of convertible securities, specifically SAFEs and convertible notes. (1,139 words)
- [MISTO explained: convertible instruments for Brazilian startups](/content/learn/startups/fundraising/convertible-securities/misto/index.html): Learn how the  MISTO, a flexible investment instrument, works for startups raising funds in Brazil, including key benefits for founders and what to know before raising capital.  (744 words)
- [Why Carta supports the QSBS exclusion to protect startups | Carta](/content/sg/en/policy/coalition-qsbs-exclusion/index.html): The proposed change to the QSBS exclusion would diminish employee ownership in small businesses. (865 words)
- [How are crypto and digital assets taxed?](/content/sg/en/learn/private-funds/venture-capital/taxes/crypto-digital-asset-taxes/index.html): The IRS taxes trading, mining, or acquiring digital assets, including cryptocurrencies and NFTs. Learn how using crypto affects your 2022 tax return. (1,347 words)
- [AML & KYC Compliance Guide | 2026](/content/sg/en/learn/resources/aml-kyc-compliance-guide/index.html): This comprehensive guide gives GCs, CCOs, compliance teams, and deal teams a jurisdiction-by-jurisdiction view of where AML and KYC regulations sit today—and where LP expectations have already moved beyond them. (158 words)
- [Form PF: Filing Instructions & Requirements](/content/sg/en/learn/private-funds/regulations/form-pf/index.html): Form PF is a regulatory filing required of all SEC-registered private fund advisers with at least $150 million in assets under management. (762 words)
- [AI by Carta: Superior Intelligence for Private Capital](/content/ai/index.html): "AI-powered" means nothing without a foundation of world-leading data. Carta's AI connects over a decade of rich private capital data and logic. Learn more. (378 words)
- [Qualified Purchaser: Definition & Requirements](/content/sg/en/learn/private-funds/regulations/qualified-purchaser/index.html): A qualified purchaser can invest in unregistered securities. Learn how the SEC defines a qualified purchaser, how it differs from an accredited investor, and the requirements needed to qualify. (728 words)
- [How Motivate Ventures Leverages Fund Forecasting to Automate Fund Planning and Management Workflows](/content/sg/en/customer-stories/motivate-ventures/index.html): Motivate Venture Capital is a pre-seed and seed investor focused on fintech and enterprise software builders. Headquartered in Chicago, MVC Fund I launched in 2019 to support entrepreneurs with foundational capital at the earliest stages of their companies’ lifecycle. (879 words)
- [Hosted Fund SPV Disclosure | Legal Hub](/content/sg/en/legal/terms-agreements/hosted-fund-spv-disclosure/index.html): It is important that each investor who is a U.S. person (“Investor” or “you”) reads and fully understands the relevant risks related to the investments or transactions in the Carta hosted Fund and SPV products you may effect via the platform provided by Carta or its affiliates (the “Platform”). (1,306 words)
- [The next era of compensation management with Carta + Rippling](/content/product-updates/carta-rippling-partnership/index.html): The deepened integration means that salary and equity benchmarks built from over 40,000 startups will be available at your fingertips. 
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- [Financial Reporting: Types, Use Cases & What to Include](/content/sg/en/learn/startups/financial-reporting/index.html): Learn the basics of financial reporting for your startup, what to include, and the different types of financial reports for your investors. (1,326 words)
- [Expanding Carta Total Compensation to Non-Carta Customers](/content/uk/en/product-updates/expanding-ctc/index.html): Carta Total Compensation is now available for all companies—not just Carta cap table customers. All private companies can now access Carta's equity and salary benchmarks to make smarter, data-driven compensation decisions. (543 words)
- [What is an Angel Investor?](/content/learn/startups/fundraising/investors/angel-investors/index.html): An angel investor is someone who invests in early-stage startups using their own money. Learn how angels and VCs differ, and how angel investing works. (701 words)
- [What is a Qualifying Venture Capital Fund?](/content/sg/en/learn/private-funds/regulations/qualifying-fund/index.html): A qualifying venture capital fund is private fund with no more than 250 beneficial owners and $12 million in assets. It also must meet the statutory definition of a venture capital fund. (386 words)
- [Request a demo of Fund Forecasting](/content/sg/en/demo/fund-forecasting/index.html): Request a demo of Fund Forecasting (508 words)
- [Request Demo | Carta Total Compensation ](/content/demo/total-comp/index-2.html): Turn compensation into your competitive advantage with Carta Total Comp. Request a demo to get started today. (36 words)
- [Fund Construction Software: The Smarter Way to Build Funds](/content/sg/en/fund-management/fund-forecasting/fund-construction/index.html): Move beyond static spreadsheets and build a living model of your fund’s future with fund construction software from Carta. Learn more. (287 words)
- [Annual Recurring Revenue (ARR): How to Forecast Revenue](/content/sg/en/learn/startups/metrics/arr/index.html): ARR (Annual Recurring Revenue) is a key metric used to forecast revenue from new and existing subscription-based services or products over a 12-month period. (681 words)
- [How Connect Ventures Partnered with Fund Forecasting to Drive Strategic Analysis](/content/sg/en/customer-stories/connect-ventures/index.html): Connect Ventures is a European-based VC firm that invests at the pre-seed and seed level across consumer, healthcare, B2B SaaS, and fintech.  (930 words)
- [Partnership with Assemble Simplifies Compensation Planning | Carta](/content/product-updates/assemble-compensation-planning-partnership/index.html): A new integration allows Carta Total Compensation customers to view Carta data within the Assemble platform. (478 words)
- [Inside the Carta CRM MCP Server](/content/blog/inside-the-carta-mcp-server/index.html): Learn how the Carta CRM MCP server uses the Model Context Protocol to create a programmable substrate for AI agents. Build reliable, production-grade workflows. (1,356 words)
- [What is the Strike Price of a Stock Option?](/content/sg/en/learn/equity/stock-options/strike-price/index.html): Wondering what determines strike prices and how much your stock options could be worth? Learn about what a strike price is and how options can gain value over time. (1,024 words)
- [Search | Policy Desk by Carta](/content/uk/en/policy/s/index.html): Carta's platform of software and services helps people manage equity, build businesses, and invest in the companies of tomorrow. Learn more. (421 words)
- [Policy Desk Newsletter Signup | Carta](/content/uk/en/subscribe/policy-weekly-newsletter/index.html): Each week, the Carta policy team shares weekly insights and analysis of on key issues impacting the private market ecosystem. Sign up here. (447 words)
- [How to Prepare for a Financial Audit](/content/sg/en/learn/startups/financial-statements/financial-audits/index.html): Learn what the process looks like for private companies, what auditors look for, and how to best prepare. (1,552 words)
- [QSBS: Protected, and expanded](/content/sg/en/policy/policy-weekly-06-03-25/index.html): Long and patient policy engagement pays off, as tax benefits open up for more investors and companies and R&D expensing turns more favorable for private capital markets as part of new budget bill. (697 words)
- [Switching to Carta from AngelList or Pulley | Guide](/content/blog/switch-cap-table/index.html): Carta’s cap table is the core of a flexible operating system for equity management. See why investors and law firms choose Carta to support growth. (1,163 words)
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- [Carta Partners with Odyssey Transfer and Trust Company](/content/blog/carta-odyssey-partnership/index.html): Odyssey will become Carta’s preferred transfer agent partner, aligning world-class cap table management and IPO readiness with public transfer agent services and shareholder solutions. (475 words)
- [What is a Small Business Investment Company (SBIC)?](/content/sg/en/learn/private-funds/sbic/index.html): In 2024, the number of investors applying to be licensed as Small Business Investment Companies (SBICs) increased by nearly 300%. What is the role of SBICs in the private market, and why are they rapidly growing in popularity among investors? (1,595 words)
- [Navigating Opportunities: State of Venture in the Middle East](/content/sg/en/events/state-of-venture-middle-east/index.html): Industry experts discuss venture capital trends across the Middle East, spotlighting the UAE's growing ecosystem, including Abu Dhabi Global Market and Dubai., Host the world live on your website. (252 words)
- [SEIS Investment Funds](/content/learn/startups/fundraising/seis/seis-investment-funds/index.html): If you’re fundraising through the UK’s Seed Enterprise Investment Scheme (SEIS), you’ll want to find a suitable SEIS-qualifying investor. This article lists some of the best SEIS funds that are actively investing in early-stage startups. (1,001 words)
- [QSBS Eligibility Guide | Carta](/content/sg/en/learn/resources/qsbs-eligibility-guide/index.html): Download Carta’s free QSBS eligibility guide to learn how to protect your QSBS tax break, avoid common pitfalls, and maximize potential capital gains savings on share sales. (103 words)
- [SPV Spotlight: Q3 2024](/content/uk/en/data/spv-spotlight-q3-2024/index.html): The number of new SPVs exploded during the venture capital boom of 2021. While they have slowed down since then, it's clear the long-term trend is pointing upward. (2,770 words)
- [Hidden Costs of Choosing a Cap Table for Short-Term Savings](/content/blog/hidden-costs-cap-table/index.html): Founders seeking a new cap table solution can avoid common pitfalls by choosing a provider based on strategy over urgency. (1,363 words)
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- [Data Minute Newsletter Signup | Carta](/content/uk/en/subscribe/data-newsletter-sign-up/index.html): Sign up to receive The Data Minute and get weekly data insights from across Carta’s startup network. (14 words)
- [Private Equity Secondaries: The Operational Guide](/content/sg/en/learn/private-funds/private-equity/strategies/secondaries/index.html): Learn about private equity secondaries, including the strategic motivations for buyers and sellers and the operational playbook for executing these complex transactions. (821 words)
- [Fair Value (FV) Explained: What Fair Value Means for Stocks](/content/sg/en/learn/startups/equity-management/fair-value/index.html): Learn what fair value means for stock, how to determine a stock’s value, and why 409A or IFRS 13 valuations are so crucial for private companies. (997 words)
- [Carta Ventures: looking for founders | Carta](/content/blog/carta-ventures/index.html): Introducing Carta Ventures. We have three startup ideas that we think can become important and big companies. We are looking for founding teams to build them. (901 words)
- [Introducing Carta Law (fka Avantia Law)](/content/sg/en/blog/avantia-law-acquisition/index.html): Carta acquires Avantia Law to deliver AI-native legal services for PE and VC firms at a fraction of traditional law firm costs. Discover how legal services, software, and compliance integrate into one platform.
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- [Fund Administration is Broken | Carta](/content/blog/fund-admin-is-broken/index.html): VCs can see real-time IRR instead of waiting for quarterly updates. And they can run capital calls and share documents with LPs. All on the Carta platform. (395 words)
- [Carta SPVs: An Offering That Drives Accuracy and Efficiency for UK Investors](/content/product-updates/spv-offering-uk-investors/index.html): Introducing Carta's new end-to-end SPV solution for institutional investors in the UK. Learn how you can form, close, and manage an SPV with accuracy and efficiency—all on a single platform. (598 words)
- [Private stock picking | Carta](/content/blog/private-stock-picking-liquidity-job-employee/index.html): Carta CEO Henry Ward discusses why choosing a job is like picking a stock and what employees should look for in a company. (595 words)
- [Carta | NYSE: Getting Your Company IPO Ready](/content/sg/en/events/getting-ipo-ready/index.html): Carta COO Tom Keiser and NYSE's Michael Harris discuss IPO paths, timing, vendor prep, and what management teams should do now to get IPO ready., Host the world live on your website. (333 words)
- [How To Leverage ZEPOs as Part of Your ESS](/content/learn/startups/equity-management/ess/zepo/index.html): Everything you need to know about zero exercise price options, including how ZEPOs work, tax benefits, and how you can leverage it as part of your ESS. (1,068 words)
- [What Happens to Vested Stock & Equity When You Leave](/content/uk/en/learn/equity/leaving-company/index.html): When you quit or leave your job, the type of stock, timing of your departure, and individual vesting schedules determine what happens to your vested stock. (2,220 words)
- [First Close: Acing Your Fund Operations Stack](/content/sg/en/events/acing-your-fund-operations-stack/index.html): Carta's First Close series covers building a strong fund operations stack, from fund accounting and audits to improving LP reporting and relationships., Host the world live on your website. (340 words)
- [Corporate Transparency Act: Simplify Filing With Carta](/content/sg/en/events/cta-simplify-filing/index.html): Carta introduces a new product to simplify Corporate Transparency Act compliance for newly incorporated companies, featuring an overview, demo, and Q&A., Host the world live on your website. (255 words)
- [HMRC Best Practices: How To Get the Most out of Your Share Plan](/content/sg/en/events/hmrc-best-practices/index.html): Carta experts explain how UK companies can maximize tax-advantaged share schemes like EMI and CSOP while staying compliant with recent legislative changes., Host the world live on your website. (285 words)
- [What’s New, What's Next: Equity Management for LLCs](/content/sg/en/events/llc-equity-management/index.html): Carta shares the latest LLC equity management updates, including a new Waterfall Modeling tool, plus an early look at the 2024 product roadmap., Host the world live on your website. (234 words)
- [Best Practices: EOY Tax & Audit Planning](/content/sg/en/events/eoy-audit-tax-planning/index.html): Executives from Carta and Rho share best practices for end-of-year tax and audit planning, including internal prep and stakeholder alignment., Host the world live on your website. (225 words)
- [FA Certification Program - Management Fees](/content/sg/en/events/fa-cp-management-fees/index.html): A walkthrough of how management fees are handled in Carta's Fund Administration Certification Program., Host the world live on your website. (162 words)
- [Policy Playbook: Navigating the Shifting VC Regulatory Landscape](/content/sg/en/events/policy-playbook-vc-regulatory-landscape/index-2.html): Carta's policy experts unpack how new SEC private fund adviser rules and the broader regulatory agenda are reshaping the venture capital industry., Host the world live on your website. (156 words)
- [Qualified Small Business Stock (QSBS) Explained](/content/sg/en/learn/startups/tax-planning/qsbs/index.html): Understand the qualified small business requirements and how to take advantage of QSBS tax treatment for eligible stock options. (1,954 words)
- [The Fair Share: A Charter for Maximising Employee Equity](/content/blog/the-fair-share/index.html): The Fair Share is a set of principles and operational recommendations for managing employee equity. This article outlines the goals and key principles of the charter, and how you can leverage it to guide your company's or client's equity strategy. (497 words)
- [FA Certification Program - Day One Financials](/content/sg/en/events/fa-cp-day-one-financials/index.html): An overview of day-one financials in Carta's Fund Administration Certification Program., Host the world live on your website. (163 words)
- [Get a demo of LP Portfolio Analytics | Carta](/content/sg/en/demo/lp-portfolio-analytics/index.html): Request a demo of LP Portfolio Analytics and learn how you can make faster, more insightful decisions by leveraging proprietary private market AI. (61 words)
- [Carta in Waterloo | Carta](/content/blog/carta-in-waterloo/index.html): Carta is opening an R&D office in Waterloo, Canada. (391 words)
- [Tender Offers 101](/content/sg/en/events/tender-offers-101/index.html): Carta's Peter Walker and industry experts explain how tender offers let employees monetize equity before an exit while reducing dilution., Host the world live on your website. (251 words)
- [State of Private Markets: 2024 Predictions](/content/sg/en/events/2024-predictions/index-2.html): Carta's Peter Walker reviews 2023's startup fundraising trends, covering valuations, dilution, and deal velocity from seed through Series F, plus 2024 predictions., Host the world live on your website. (67 words)
- [How Did 2023 Change Valuations?](/content/sg/en/events/how-did-2023-change-valuations/index.html): Carta's valuation experts review how 2023 reshaped startup valuations, comparing fundraising and equity compensation trends heading into 2024., Host the world live on your website. (299 words)
- [A guide to private credit financing for private companies](/content/sg/en/learn/startups/fundraising/debt-financing/private-credit/index.html): Learn all about the different types of private credit financing, and how it differs from other forms of debt financing for companies. (2,505 words)
- [Corporate Transparency Act: What Business Owners Need to Know](/content/sg/en/events/corps-transparency-act/index.html): Carta and FinCEN experts explain Corporate Transparency Act beneficial ownership reporting requirements, key compliance dates, and common questions., Host the world live on your website. (317 words)
- [The Startup Guide to Taxes: Year-End Strategy for Success](/content/sg/en/events/year-end-tax-strategies/index.html): Carta covers year-end tax strategies for founders and employees, including recent tax law changes, filing requirements, and equity planning guidance., Host the world live on your website. (263 words)
- [Carta CRM Plugin](/content/product-updates/crm-plugin/index.html): Unlock VC/PE dealflow and stakeholder analytics instantly. Use the Carta CRM Plugin to query your live CRM data directly in Claude for rapid insights. (327 words)
- [Creating a compensation plan that wins top talent](/content/sg/en/learn/startups/compensation/compensation-plans/index.html): Learn how to build and manage a strategic compensation plan that attracts and retains top talent, manages your burn rate, and builds a culture of ownership. (2,423 words)
- [State of Private Markets: Q1 Venture Spring?](/content/sg/en/events/q1-venture-spring/index.html): Carta's Peter Walker and Harlem Capital's Nicole DeTommaso review Q1 venture capital trends, highlighting early positive signals amid a slow quarter., Host the world live on your website. (222 words)
- [New Tools for UK, European, and Australian Equity Management](/content/product-updates/international-features-cap-table/index.html): Simplify filings and manage localized awards.  (442 words)
- [First Close: Formations](/content/sg/en/events/first-close-formations/index.html): Carta's First Close series covers essentials for launching a UK/EU venture fund, from legal structures and LP negotiations to operational costs., Host the world live on your website. (344 words)
- [Navigating the Corporate Transparency Act as a LatAm Based Business Owner](/content/sg/en/events/cta-latam/index-2.html): Experts explain Corporate Transparency Act compliance for LatAm founders with US entities, covering reporting requirements and Carta's compliance solution., Host the world live on your website. (231 words)
- [Deal Flow: Process & Deal Flow Management Best Practices](/content/uk/en/learn/private-funds/management/deal-flow/index.html): Learn how venture capital and private equity firms source, evaluate, and close high-quality investment opportunities through effective deal flow management. (1,325 words)
- [Charly Kevers | Carta](/content/sg/en/executive-team/charly-kevers/index.html):    (188 words)
- [FA Certification Program - Requesting Transfers/Submitting General Requests](/content/sg/en/events/fa-cp-transfers-general-requests/index.html): A walkthrough of how to request transfers and submit general requests in Carta's Fund Administration Certification Program., Host the world live on your website. (164 words)
- [What’s New, What's Next: Carta Fund Admin in Q4](/content/sg/en/events/vc-fundadmin-q4/index.html): Carta's Chief Product Officer and VC leadership team recap 2023's fund admin releases and preview what's coming in the 2024 product roadmap., Host the world live on your website. (134 words)
- [State of Private Markets: Q3 Headwinds](/content/sg/en/events/q3-headwinds/index.html): Carta's Peter Walker and Everywhere Ventures' Jenny Fielding examine Q3's tough fundraising climate, covering valuations, round sizes, and deal dynamics., Host the world live on your website. (256 words)
- [Henry Ward | Carta](/content/sg/en/executive-team/henry-ward/index.html):    (128 words)
- [FA Certification Program - Cash Forecasting Overview](/content/sg/en/events/fa-cp-cash-forecasting-overview/index.html): An overview of cash forecasting tools in Carta's Fund Administration Certification Program., Host the world live on your website. (149 words)
- [FA Contacts and Permissions](/content/sg/en/events/fa-cp-contacts-permissions/index.html): A guide to managing fund administration contacts and permissions in Carta., Host the world live on your website. (160 words)
- [FA Certification Program - Distributions: Send Wire Instructions Request](/content/sg/en/events/fa-cp-send-wire-instructions-request/index.html): A guide to submitting wire instruction requests for distributions in Carta's Fund Administration Certification Program., Host the world live on your website. (165 words)
- [Hurdle Rate: Explainer for Fund Managers and Investors](/content/uk/en/learn/private-funds/management/carried-interest/hurdle-rate/index.html): Hurdle rate outlines the minimum return a private equity fund must achieve before the general partner can share in the profits, crucial for understanding profit distribution and calculation methods. (3,051 words)
- [Fund Administration - Subsequent Closings/Messaging](/content/sg/en/events/fa-cp-closings-messaging/index.html): A guide to managing subsequent fund closings and related investor messaging within Carta's Fund Administration platform., Host the world live on your website. (161 words)
- [Prep for Your Audit: ASC 718 Expense Reporting](/content/sg/en/events/audit-prep-asc718/index.html): Carta explains ASC 718 expense reporting fundamentals, covering accounting guidelines, calculation methods, and how to automate equity grant expensing., Host the world live on your website. (290 words)
- [Audit-Ready Expense Reporting: The Fundamentals of Share-Based Payments](/content/sg/en/events/share-based-payments/index.html): Carta's Ryan Turley breaks down share-based payment expense reporting fundamentals, including fair value calculations and audit preparation tips., Host the world live on your website. (165 words)
- [How To Get Your VC Fund Audit Ready](/content/sg/en/events/vc-audit-tax-ready/index.html): Carta shares guidance on preparing VC funds for audit season, helping firms organize finances, documentation, and external partners ahead of year-end., Host the world live on your website. (244 words)
- [Founder Q&A: A Conversation With Poppy Flowers](/content/sg/en/events/founder-poppy-flowers/index.html): Poppy Flowers founder Cameron Hardesty shares how she raised seed funding from angels and accelerators to grow her flower company outside Silicon Valley., Host the world live on your website. (271 words)
- [Equity Essentials: Making the Leap From Seed to Series A](/content/sg/en/events/seed-to-series-a/index.html): VC investors share what it takes to raise a Series A, covering the qualities investors look for and why a clean cap table matters before fundraising., Host the world live on your website. (150 words)
- [Startup Fundraising 101: Building Strategic Partnerships](/content/sg/en/events/fundraising-101-strategic-partnerships/index.html): Carta's Shubhi Nigam and Pear VC's Arpan Shah discuss building investor relationships and a strategic media presence ahead of your fundraise., Host the world live on your website. (246 words)
- [SPV Structures: Which One Is Right for You?](/content/sg/en/events/spv-structures/index.html): A look at SPV structures, comparing hosted master-series and self-managed standalone options to help fund managers choose the right setup for their goals., Host the world live on your website. (119 words)
- [FA Certification Program - Distribution Workflow](/content/sg/en/events/fa-cp-distribution-workflow/index.html): A walkthrough of the distribution workflow in Carta's Fund Administration Certification Program., Host the world live on your website. (162 words)
- [FA Certification Program - Reviewing Financials](/content/sg/en/events/fa-cp-reviewing-financials/index.html): A walkthrough of how to review fund financials within Carta's Fund Administration Certification Program., Host the world live on your website. (164 words)
- [FA Certification Program - K1 and Tax](/content/sg/en/events/fa-cp-k1-tax/index.html): An overview of the K-1 and tax process covered in Carta's Fund Administration Certification Program., Host the world live on your website. (163 words)
- [FA Certification Program - Capital Call Workflow](/content/sg/en/events/fa-cp-requesting-capital-calls/index.html): A walkthrough of the capital call request workflow in Carta's Fund Administration Certification Program., Host the world live on your website. (163 words)
- [What’s New, What’s Next: Effortless Distributions Modeling](/content/sg/en/events/effortless-distributions-modeling/index.html): Carta product leaders demo the new Distributions Modeling tool, simplifying a complex process into just a few clicks., Host the world live on your website. (213 words)
- [Business Guide to Taxes: Expiring Tax Incentives](/content/sg/en/events/expiring-tax-incentives/index.html): Tax experts break down expiring tax incentives affecting corporations and passthrough businesses, with strategies for adapting to the changing landscape., Host the world live on your website. (176 words)
- [Vrushali Paunikar | Carta](/content/sg/en/executive-team/vrushali-paunikar/index.html):    (141 words)
- [Pre-Seed Benchmarks: Fundraising Data for New Startups](/content/sg/en/events/fundraising-data-for-new-startups/index.html): Hustle Fund's Haley Bryant and Carta's Peter Walker break down pre-seed fundraising data, covering SAFE and convertible note terms across industries and stages., Host the world live on your website. (257 words)
- [FA Certification Program - Fund Metrics](/content/sg/en/events/fa-cp-fund-metrics/index.html): An overview of how to view and track fund metrics in Carta's Fund Administration Certification Program., Host the world live on your website. (162 words)
- [FA Certification Program - SOI Approval and Update](/content/sg/en/events/fa-cp-soi-approval-update/index.html): A walkthrough of the SOI approval and update process in Carta's Fund Administration Certification Program., Host the world live on your website. (164 words)
- [Get Started with Carta Law | Demo Request](/content/sg/en/demo/law/index.html): Scale your legal and compliance operations through AI-powered workflows with expert oversight built into every step. Request a demo to get started. (89 words)
- [A Guide to Portfolio Monitoring in Private Equity & VC](/content/uk/en/learn/private-funds/management/portfolio-management/portfolio-monitoring/index.html): A close look at how venture capital and private equity firms track the financial performance of their portfolio companies and why this portfolio monitoring is a critical aspect of fund management. (1,176 words)
- [506(b) vs. 506(c) Offerings: A Guide for Private Funds](/content/uk/en/learn/private-funds/regulations/regulation-d/506b-vs-506c/index.html): Raising capital in a Rule 506(b) vs. Rule 506(c) offering is a critical choice for GPs of private funds. Learn the differences between these rules before fundraising. (1,206 words)
- [How To Build Legal AI Systems that Tackle Ambiguity](/content/blog/legal-ai-ambiguity-risk/index.html): Legal AI systems that retrieve information confidently but incorrectly create real compliance risk. New research explains how detecting ambiguity before retrieval can prevent unreliable outputs. (1,100 words)
- [Nicole Baer | Carta](/content/sg/en/executive-team/nicole-baer/index.html):   (161 words)
- [Henry Ward on Twenty Minute VC](/content/blog/twenty-minute-vc-henry-ward/index.html): Two years ago, Harry Stebbings invited our founder and CEO, Henry Ward, on The Twenty Minute VC podcast. We’ve grown a lot since then, and Henry recently joined Harry again to chat about a range of topics. (142 words)
- [Jeff Perry | Carta](/content/sg/en/executive-team/jeff-perry/index.html):    (107 words)
- [FA Certification Program - Bulk Notices and Capital Call Reminders](/content/sg/en/events/fa-cp-bulk-notices-capital-call-reminders/index.html): A guide to sending bulk notices and capital call reminders within Carta's Fund Administration platform., Host the world live on your website. (166 words)
- [VC Fund Performance: New Benchmarks for 2024](/content/sg/en/events/vc-fund-performance-2024/index.html): Carta's Peter Walker and Sapphire Partners' Beezer Clarkson discuss new VC fund performance benchmarks like IRR, TVPI, and DPI for emerging managers., Host the world live on your website. (299 words)
- [The Audit Trail: A Fund’s System of Record](/content/uk/en/learn/private-funds/management/fund-audits/audit-trail/index.html): Learn the components of an audit trail and explains why maintaining a complete record is essential for your operational integrity and fiduciary duty. (2,495 words)
- [The geography of venture capital: Issue brief | Carta](/content/uk/en/policy/issue-brief-vc-geography/index.html): Venture capital is the economic and innovation engine of America. Its reach should extend beyond the traditional coastal hubs. (1,192 words)
- [2024 Fund Performance Data: A European Perspective](/content/sg/en/events/fund-performance-eu-2024/index-2.html): A data-driven look at European VC fund performance, covering capital deployment pace, seed-to-Series-A graduation rates, and LP distributions., Host the world live on your website. (159 words)
- [How Australian Founders Should Prepare for Investor Due Diligence](/content/learn/startups/fundraising/investor-due-diligence/index.html): When institutional investors enter the conversation, the diligence bar is materially higher than most founders expect. Here’s what they scrutinize across your financials, cap table, and R&D claims—and how to stay ahead before that first conversation. (1,191 words)
- [Venture Capital Tax Treatment: How VC Taxes Work](/content/sg/en/learn/private-funds/venture-capital/taxes/index.html): Learn about the tax treatment of venture capital funds, including the treatment of management fees and carried interest, special considerations like QSBS, and what LPs expect from your fund during tax season. (2,463 words)
- [What’s New, What's Next: Carta Fund Admin in Q3](/content/sg/en/events/fund-admin-24q3/index.html): Carta's Fund Administration product leaders recap Q3 releases like the LP Dashboard and GP Portal, and preview the roadmap for the rest of the year., Host the world live on your website. (143 words)
- [Dynamic Duos: Equity Math for Two-Founder Teams | Carta](/content/uk/en/data/two-founder-teams/index.html): Founding teams come in many sizes. But two-founder teams are the most successful when it comes to raising capital. And in recent years, the way these two-founder teams divide their equity has undergone a sizable shift.  (1,004 words)
- [Breaking the traditional VC mold: Insights on fund structures for the future](/content/blog/innovators-summit-la-keisha-landrum-pierre/index.html): Investing in female founders isn't just about making a positive impact, says the Emmeline Ventures co-founder—it's good business. (1,195 words)
- [How buy-side dynamics are shifting in secondaries | Carta](/content/uk/en/data/buy-side-dynamics-secondaries/index.html): As investment activity booms, the secondaries landscape is undergoing a generational shift. How can buy-side investors ensure they're keeping pace? (1,342 words)
- [Search | Data Desk by Carta](/content/uk/en/data/s/index.html): Carta's platform of software and services helps people manage equity, build businesses, and invest in the companies of tomorrow. Learn more. (469 words)
- [Portfolio Construction: How to Build a Fund Strategy](/content/uk/en/learn/private-funds/management/portfolio-management/portfolio-construction/index.html): Understand the process of portfolio construction for private funds, from developing an investment thesis to modeling the key levers that will define your fund's strategy. (2,279 words)
- [Co-Investment: The Operational Playbook](/content/uk/en/learn/private-funds/structures/co-investment/index.html): Co-investment is a minority investment alongside a private equity or venture capital fund, offering transparency, control and potential higher returns. (2,776 words)
- [How Management Companies Work in Private Funds](/content/uk/en/learn/private-funds/structures/management-company/index.html): A management company is the operational engine of an investment firm. Learn how this crucial entity is structured and why it’s essential for liability protection and professional fund management. (888 words)
- [Winning go-to-market strategies: Insights from a revenue chief](/content/blog/innovators-summit-david-hughson/index.html): David Hughson of Remofirst, a panelist at Carta's upcoming Innovators Summit, outlines the best approaches for startups looking to strengthen their GTM motions. (1,771 words)
- [What’s New & What’s Next: Carta Alternative Assets Product Updates in Q2](/content/sg/en/events/alternative-assets-24q2/index.html): Carta introduces PE Firm Overview, a new alternative assets product giving centralized access to portfolio company cap tables and waterfalls., Host the world live on your website. (207 words)
- [Healthcare and Life Sciences: Growth and Funding Insights](/content/sg/en/events/hcls-insights/index-2.html): Symphonic Capital's Sydney Thomas and Carta's Hamza Shad cover fundraising, valuation, hiring, and compensation trends for healthcare and life sciences startups., Host the world live on your website. (266 words)
- [Venture Debt Explained: Pros & Cons for Startups](/content/sg/en/learn/startups/fundraising/debt-financing/venture-debt/index.html): Learn how venture debt financing works for startups and how venture debt compares to alternatives like traditional loans, equity financing, and private credit. (1,251 words)
- [FA Certification Program - Scenario Modeling Overview](/content/sg/en/events/fa-certification-program-scenario-modeling-overview.html): An overview of scenario modeling tools available in Carta's Fund Administration Certification Program., Host the world live on your website. (163 words)
- [Value Creation through Employee Equity: Insights from the 2024 Private Equity Ownership Trends Report](/content/sg/en/events/pe-ownership-trends-2024/index-2.html): Carta's Insights team and PE experts explore how employee ownership programs drive value creation, based on the 2024 PE Ownership Trends Report., Host the world live on your website. (167 words)
- [Policy Briefing: What Does the UK Election Mean for VC?](/content/sg/en/events/uk-election-vc/index.html): Carta's policy experts break down how the UK election could reshape venture capital, from carried interest rules to non-dom tax regime changes., Host the world live on your website. (280 words)
- [The Carta Handbook for Late-Stage Private Companies](/content/sg/en/blog/carta-handbook-late-stage-private-companies/index.html): Leaders at mature private companies have plenty to navigate on their way to an eventual exit. This handbook lays out key steps and provides tips.
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- [Advisory Boards Unveiled: Elevating Australian Startups to Global Heights](/content/sg/en/events/elevating-australian-startups/index.html): A guide for Australian startup founders on building an advisory board, covering structure, compensation models, and lessons from successful founders., Host the world live on your website. (407 words)
- [Fund Management Software for Private Equity & VC | Carta APAC](/content/sg/en/fund-management/index.html): From formation to distributions, harness a unified suite of tools and services to run your fund with complete control. Learn More. (369 words)
- [Blue Sky Laws: Definition & Regulation](/content/uk/en/learn/private-funds/regulations/blue-sky-laws/index.html): Blue sky laws regulate security sales to protect public purchasers from fraud. Learn more about blue sky law regulations and exemptions for VCs. (555 words)
- [First Close: From Managing SPV’s to Launching a Fund](/content/sg/en/events/managing-spvs-to-launching-a-fund/index.html): Carta's First Close series covers transitioning from managing SPVs to launching your first fund, including operations and LP management tips., Host the world live on your website. (310 words)
- [Market Size: What is TAM, SAM, & SOM?](/content/uk/en/learn/startups/metrics/market-size/index.html): Calculating market size before you pitch investors if crucial. Learn how to determine the market size for your company, including TAM, SAM, and SOM. (942 words)
- [VC Fund Performance: Q2 2025](/content/uk/en/data/vc-fund-performance-q2-2025/index.html): The percentage of venture funds on Carta that have begun to return capital to their LPs jumped noticeably in Q2 for every vintage from 2017 through 2023, as investors demonstrated a new urgency around generating DPI.  (768 words)
- [How taxes work for LLCs](/content/uk/en/learn/startups/tax-planning/llc-taxation/index.html): Learn how LLC taxation works, what makes LLCs “pass-through” entities, how different types of equity are taxed, and why LLCs avoid double taxation. (840 words)
- [Deep Dive: European Data Insights](/content/sg/en/events/deep-dive-eu-data-insights/index.html): Carta and industry experts explore European venture capital trends, including early-stage deal dynamics, later-stage capital flows, and lessons from the US market., Host the world live on your website. (107 words)
- [Innovative go-to-market strategies: The importance of storytelling in B2B](/content/blog/innovators-summit-camille-ricketts/index.html): The Emergence Capital partner and content expert explains why knowing your audience deeply is the key to addressing their pain points with your product. (1,764 words)
- [How PE is investing in AI | Carta](/content/uk/en/data/pe-investing-in-ai-2026/index.html): PE firms typically don't invest in the sort of high-growth startups that dominate the AI market today. But that doesn't mean PE is sitting out the AI revolution. (1,362 words)
- [Emerging Trends & Key Insights for Asset Allocators](/content/sg/en/events/trends-insights-for-asset-allocators/index-2.html): Leaders from Withers, EY, and Carta explore APAC fundraising trends, emerging commercial terms, and evolving LP-GP dynamics and exit strategies., Host the world live on your website. (178 words)
- [Is Your Legal Model Ready for AI?](/content/blog/legal-operating-model-ai-readiness/index.html): As AI tools reshape legal workflows, NDAs increasingly need AI-specific clauses. Here's what to include—and what to avoid—to protect confidentiality. (1,045 words)
- [How PE’s exit math is changing | Carta](/content/uk/en/data/pe-exit-math-changes/index.html): PE firms are holding onto portfolio companies longer than they used to, and standout exits have grown increasingly rare. In response, the PE industry is finding new ways to drive growth and work toward the exits they need. (1,427 words)
- [What is a Data Room? How to Set Up a Virtual Data Room](/content/uk/en/learn/startups/equity-management/data-room/index.html): A virtual data room is a secure place to organize, store, and share confidential documents and information. Learn how to build a data room for investors. (1,151 words)
- [Software for the Private Equity Fund CFO](/content/sg/en/product-updates/the-new-standard/index.html): Why do firms that invest in the best companies still run on spreadsheets and PDFs?
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- [Essential Tools for Startup Success: Equity Management](/content/sg/en/events/essential-tools-equity-management/index.html): Carta's Shubhi Nigam and customer Brett Humphrey of Mivien Labs guide founders through choosing the right cap table provider and avoiding common mistakes., Host the world live on your website. (319 words)
- [Startup Fundraising 101: Mastering Fundraising Strategy](/content/sg/en/events/fundraising-101-fundraising-strategy/index.html): Carta's Natasha Arora and Heather Hartnett discuss crafting a fundraising strategy tied to business milestones, using scenario modeling and SAFEs., Host the world live on your website. (86 words)
- [The Anatomy of a Modern Fund Structure: LPs, GPs, & LLCs](/content/uk/en/learn/private-funds/structures/index.html): Learn about fund structures for private investment funds, including the key entities, the flow of economics, and the legal agreements that govern them. (2,385 words)
- [First Close: Optimising for Your First Close](/content/sg/en/events/optimising-for-your-first-close/index.html): Carta's First Close series covers how to execute a smooth fund closing, from investor onboarding and banking arrangements to LP communication., Host the world live on your website. (310 words)
- [Search | Data Desk by Carta](/content/sg/en/data/s/index.html): Carta's platform of software and services helps people manage equity, build businesses, and invest in the companies of tomorrow. Learn more. (469 words)
- [VC Fund Performance: Q1 2024](/content/uk/en/data/vc-fund-performance-q1-2024/index.html): Carta's inaugural VC fund performance report analyzes benchmarks for more than 1800 funds across six  recent vintages.  (1,100 words)
- [GP-Led and LP-Led Secondaries: Comparing Two Paths to Liquidity (APAC)](/content/blog/gp-vs-lp-led-secondaries/index.html): Unpack GP-led vs. LP-led secondaries—the two paths to private equity liquidity. Explore transaction mechanics, risks, and the booming opportunity in the APAC secondary market. (1,150 words)
- [FA Certification Program - Downloading SOC Reports](/content/sg/en/events/fa-certification-program-downloading-soc-reports/index.html): A guide to downloading SOC reports within Carta's Fund Administration Certification Program., Host the world live on your website. (163 words)
- [Private Equity Firm Operations: In-House v. Outsourced](/content/sg/en/events/back-office-structures/index.html): In-house and outsourced CFOs debate private equity back-office structures, covering what to keep in-house, what to outsource, and vendor diligence., Host the world live on your website. (120 words)
- [Founders Guide to Board Management](/content/sg/en/events/founders-board-management-2024/index.html): Carta CEO Henry Ward, Edward Norton of Zeck, and Katie Jacobs Stanton of Moxxie Ventures share tips on board composition and communication for founders., Host the world live on your website. (347 words)
- [What’s New, What’s Next: Carta Fund Admin in Q2](/content/sg/en/events/fund-admin-24q2/index.html): Carta's R&D team recaps the latest Q2 fund administration product updates and previews upcoming features arriving in Q3., Host the world live on your website. (256 words)
- [How to build lasting LP relationships: Insights for emerging fund managers](/content/blog/innovators-summit-lisha-bell/index.html): Lisha Bell, a PayPal fund manager and a panelist at Carta's upcoming Innovators Summit, offers tips for first-time fund managers. (1,402 words)
- [Building the ERP for Private Capital](/content/uk/en/explore-erp/index.html): See how Carta supports LPs, GPs, and fund CFOs across venture capital, private equity, and private credit. (304 words)
- [Startup Fundraising 101: Crafting a Winning Pitch](/content/sg/en/events/crafting-a-winning-pitch/index.html): Carta's Angela Winegar and a panel of VCs share how to craft a winning pitch, covering storytelling, positioning, and building investor trust., Host the world live on your website. (231 words)
- [GP Secrets: Fundraising & Investing in the Middle East & Asia Pacific](/content/sg/en/events/cross-regional-fund-strategies/index.html): Fund managers from APAC and the Middle East share strategies for fundraising, investing, and expanding into these fast-growing venture markets., Host the world live on your website. (323 words)
- [Startup Compensation in 2024](/content/sg/en/events/startup-compensation-2024/index.html): A look at 2024 startup compensation trends, covering salary growth, equity packages, hiring pace, and how pay compares across major US markets., Host the world live on your website. (290 words)
- [How PowWater is Revolutionizing Clean Water Access across Africa with Carta](/content/sg/en/customer-stories/powwater/index.html): With Carta, PowWater was able to expand equity to employees, in a market where stock options are relatively rare, and signal professionalism to investors.  (991 words)
- [Why GenAI Isn't Enough for Legal Work](/content/blog/gen-ai-limitations-legal/index.html): Large language models can summarize and draft, but they can't replicate firm-specific standards, client history, or the judgment that legal work requires. (773 words)
- [Pre-Seed Fundraising: Fresh Data from Q2 2024](/content/sg/en/events/fresh-data-from-24q2/index.html): Carta's Peter Walker joins Antler and Hustle Fund to break down Q2 2024 SAFE and Note data, covering valuation caps, raise amounts, and terms., Host the world live on your website. (123 words)
- [Policy Playbook: How the 2024 Election Could Shape Private Market Policy](/content/sg/en/events/how-24election-could-shape-pm-policy/index.html): Carta's Policy team previews how the 2024 elections could shape tax reform and private market regulation, and how funds and small businesses can adapt., Host the world live on your website. (282 words)
- [FA Certification Program: Auditor Portal Overview](/content/sg/en/events/fa-certification-program-auditor-portal-overview/index.html): An overview of the auditor portal within Carta's Fund Administration Certification Program., Host the world live on your website. (162 words)
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- [Equity Compensation: Three Essentials You're Not Thinking About](/content/sg/en/events/equity-compensation-essentials/index.html): Carta experts cover three often-overlooked equity compensation essentials: QSBS tax savings, 409A valuation impacts, and year-end equity taxation., Host the world live on your website. (169 words)
- [Fund Economics Report 2025 Full Report](/content/uk/en/data/fund-economics-report-2025-full-article/index.html): The details of how private funds operate have always remained behind the curtain. Now, Carta provides a never-before-seen glimpse at how VC and PE investors manage and operate their funds. (1,165 words)
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- [How Stock Options Are Taxed: ISO vs NSO Tax Treatments](/content/uk/en/learn/equity/stock-options/taxes/index.html): Learn about stock options taxes, including the tax treatment differences between ISOs and NSOs, holding periods, exercising, and the alternative minimum tax. (2,712 words)
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- [How PE is investing in AI | Carta](/content/sg/en/data/pe-investing-in-ai-2026/index.html): PE firms typically don't invest in the sort of high-growth startups that dominate the AI market today. But that doesn't mean PE is sitting out the AI revolution. (1,362 words)
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- [Election 2024: Policy Implications for the Private Market Ecosystem](/content/sg/en/events/24election-policy-implications/index.html): Carta's Policy Team discusses how the 2024 election results could reshape tax reform, capital markets regulation, and policy for funds and startups., Host the world live on your website. (288 words)
- [How Endowus Expanded to Hong Kong, Using Carta to Streamline Regulatory Compliance](/content/sg/en/customer-stories/endowus/index.html): When digital investment advisory platform Endowus recently expanded its operations to Hong Kong, they needed to evaluate whether it was necessary to file for FATCA and CRS registration.  (331 words)
- [Looking Forward: A Glimpse into the Future of Fund Waterfall Management](/content/sg/en/events/fund-waterfall-management/index.html): A preview of Carta's latest fund waterfall management innovation, exploring the vision and early software connecting private capital workflows., Host the world live on your website. (247 words)
- [Fund Forecasting Demo](/content/sg/en/events/fund-forecasting-demo/index-2.html): Carta CEO Henry Ward and Anubhav Srivastava demo Carta Fund Forecasting (formerly Tactyc), a platform for building venture fund models with real benchmark data., Host the world live on your website. (174 words)
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- [The Post-Termination Exercise Period (PTEP) for Options Explained](/content/uk/en/learn/equity/leaving-company/post-termination-exercise-period/index.html): Employees usually have 90 days to buy their options when they leave a job. Learn about the 90-day post-termination exercise period window and why it's changing. (1,466 words)
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- [What is equity? | Equity 101 Course](/content/equity/learn/what-is-equity/index.html): Equity is partial ownership in a company. This video explains why owning equity in a private company can have seriously life-changing results. (738 words)
- [State of Private Markets: End of Year Predictions](/content/sg/en/events/sopm-eoy-predictions/index.html): Carta's Peter Walker and Ashley Neville review Q3 private market trends, including AI's continued momentum and differences by stage, location, and sector., Host the world live on your website. (227 words)
- [Why Data Security Is a Hidden Risk in Legal AI](/content/blog/legal-ai-data-security/index.html): Legal AI tools built on general-purpose large language models introduce data security risks that legal teams often underestimate—from training data retention to third-party API exposure. (476 words)
- [The Investment Thesis: Writing Your Fund’s Strategic Blueprint](/content/uk/en/learn/private-funds/management/portfolio-management/investment-thesis/index.html): A fund investment thesis is the blueprint for your fund's strategy, guiding everything from fundraising to daily fund management. Learn how to write an investment thesis to develop a winning fund strategy. (1,950 words)
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- [Private Equity Fund Structure: Diagram & How to Structure a PE Fund](/content/uk/en/learn/private-funds/private-equity/pe-fund-structures/index.html): Understand the most common entity structure for private equity firms and their funds—the limited partnership—including key legal and tax implications of this type of PE fund structure. (1,668 words)
- [VC Fund Performance: Q1 2026 | Carta](/content/uk/en/data/vc-fund-performance-q1-2026/index.html): Venture capital fund performance rebounded in Q1 2026: Carta funds raised $3.9B across 86 new funds, while TVPI climbed for nearly every recent vintage. (966 words)
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- [What is a Capital Call in Private Equity and Venture Capital?](/content/uk/en/learn/private-funds/management/capital-calls/index.html): When fund managers are ready to invest in a private company, they usually have to make a capital call first. Learn more about capital calls in private equity and venture capital. (1,988 words)
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- [SAFE Fundraising 101 ebook | Carta](/content/sg/en/learn/resources/safe-fundraising-guide/index.html): Download our free SAFE Fundraising 101 ebook to learn benefits, key terms, dilution, and differences between pre/post-money SAFEs and convertible notes. (312 words)
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- [Emerging Manager's SPV Guide | Carta](/content/uk/en/learn/resources/spv-guide/index.html): Download our free emerging manager’s guide to SPVs. Learn how special purpose vehicles work, how to set one up, and the benefits of using SPVs to close your first deal. (129 words)
- [Track Record Essentials for Emerging Fund Managers](/content/uk/en/learn/private-funds/management/track-record/index.html): Learn why a strong track record matters for VC and PE fundraising. Discover best practices for presenting your investment track record to LPs. (1,124 words)
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- [How Legalist Scales Private Credit Investments with Carta’s Unified Fund Administration](/content/sg/en/customer-stories/legalist/index.html): Legalist is a San Francisco-based, SEC-registered investment advisor specializing in private credit for litigation financing, debtor and possession, and government receivables. (857 words)
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- [Carta Total Compensation Data is Now Available in Claude](/content/product-updates/carta-total-compensation-data-claude/index.html): Query, compare, and export private market comp benchmarks directly in Claude. (250 words)
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- [Total Value to Paid-In Capital (TVPI) Definition & Formula](/content/uk/en/learn/private-funds/management/fund-performance/tvpi/index.html): Learn how to calculate net and gross TVPI (total value to paid-in capital), key metrics investors and fund managers use to evaluate a fund’s performance. (726 words)
- [Fund Economics: Demystifying Operations, Fees, and Expenses](/content/sg/en/events/fund-economics-report-2025/index.html): Carta's Insights team shares findings from its first Fund Economics Report, covering capital calls, deployment rates, management fees, and carry across 2,000 funds., Host the world live on your website. (260 words)
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- [How Base10 Turns Fund Admin into a Strategic Advantage with Carta](/content/uk/en/customer-stories/base-10/index.html): Base10 Partners, a technology investment firm in San Francisco, needed faster accounting to make informed decisions and maintain trust with partners.  (638 words)
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- [Top Six Workflows of Data-Driven Venture Managers](/content/uk/en/blog/fund-forecasting-top-workflows-data-driven-venture-managers.html): At Carta, we work with hundreds of data-driven managers globally in helping them with portfolio construction, reserve planning, and portfolio management functions. Here are the common patterns and workflows of the best-performing managers. (1,807 words)
- [Introducing Carta Plugins for Claude](/content/blog/plugins-for-claude/index.html): Carta Plugins for Claude bring your fund data directly into AI. Query cap tables, fund metrics, and portfolio data in plain language without leaving Claude. Access live data securely, run scenarios, and get instant answers. (502 words)
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- [Contacting the issuing company | Carta Community](/content/community/c/how-to-videos/contacting-the-issuing-company/index.html): Carta Support is happy to help, but when it comes to your specific holdings, you’ll have to reach out to the issuing company with questions. Follow these steps to ask questions about an exercise in progress, report incorrect security information, and m... (51 words)
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- [Relativity Chose Carta LLC Platform to Help Manage Its Equity Program](/content/uk/en/customer-stories/relativity/index.html): Relativity, a legal technology company, turned to Carta’s LLC platform following an investment from a prominent private equity firm. (568 words)
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- [GPCM Valuation Calculator | Carta](/content/learn/resources/gpcm-valuation-calculator/index.html): Easily value private companies using Carta’s free Guideline Public Company Method (GPCM) Valuation Calculator. Input comparables and get an instant valuation estimate. (148 words)
- [Rule 701: Definition & Disclosure Requirements](/content/learn/startups/equity-management/rule-701/index.html): Under Rule 701, private companies can issue up to a certain amount of equity to employees in a 12-month period. Learn more about the Rule 701 exemption and its disclosure requirements. (789 words)
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- [Automated Custom Capital Call Notices with Dynamic Templates](/content/product-updates/custom-capital-call-notices/index.html): Match your firm's unique branding while ensuring total data accuracy with our new automated custom notice templates. (206 words)
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- [How Legalist Scales Private Credit Investments with Carta’s Unified Fund Administration](/content/uk/en/customer-stories/legalist/index.html): Legalist is a San Francisco-based, SEC-registered investment advisor specializing in private credit for litigation financing, debtor and possession, and government receivables. (841 words)
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- [The Fair Share: A Charter for Maximising Employee Equity](/content/uk/en/blog/the-fair-share/index.html): The Fair Share is a set of principles and operational recommendations for managing employee equity. This article outlines the goals and key principles of the charter, and how you can leverage it to guide your company's or client's equity strategy. (715 words)
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- [Software for the Private Equity Fund CFO](/content/uk/en/product-updates/the-new-standard/index.html): Why do firms that invest in the best companies still run on spreadsheets and PDFs?
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- [State of Private Markets: Q3 Headwinds](/content/uk/en/events/q3-headwinds/index.html): Carta's Peter Walker and Everywhere Ventures' Jenny Fielding examine Q3's tough fundraising climate, covering valuations, round sizes, and deal dynamics., Host the world live on your website. (100 words)
- [FA Certification Program - Distribution Workflow](/content/uk/en/events/fa-cp-distribution-workflow/index.html): A walkthrough of the distribution workflow in Carta's Fund Administration Certification Program., Host the world live on your website. (162 words)
- [FA Certification Program - Bulk Notices and Capital Call Reminders](/content/uk/en/events/fa-cp-bulk-notices-capital-call-reminders/index.html): A guide to sending bulk notices and capital call reminders within Carta's Fund Administration platform., Host the world live on your website. (166 words)
- [FA Certification Program - Fund Metrics](/content/uk/en/events/fa-cp-fund-metrics/index.html): An overview of how to view and track fund metrics in Carta's Fund Administration Certification Program., Host the world live on your website. (162 words)
- [FA Certification Program - Capital Call Workflow](/content/uk/en/events/fa-cp-requesting-capital-calls/index.html): A walkthrough of the capital call request workflow in Carta's Fund Administration Certification Program., Host the world live on your website. (163 words)
- [Tender Offers 101](/content/uk/en/events/tender-offers-101/index.html): Carta's Peter Walker and industry experts explain how tender offers let employees monetize equity before an exit while reducing dilution., Host the world live on your website. (248 words)
- [Carta UK Product Video Tour | Carta](/content/uk/en/tour/video/index-2.html): Take an interactive feature-by-feature video tour through Carta’s solutions for equity management and private capital fund management. (21 words)
- [FA Certification Program - Cash Forecasting Overview](/content/uk/en/events/fa-cp-cash-forecasting-overview/index.html): An overview of cash forecasting tools in Carta's Fund Administration Certification Program., Host the world live on your website. (163 words)
- [FA Certification Program - Reviewing Capital Calls](/content/uk/en/events/fa-cp-reviewing-capital-calls/index.html): A walkthrough of how to review capital calls in Carta's Fund Administration Certification Program., Host the world live on your website. (163 words)
- [Founder Q&A: A Conversation With Poppy Flowers](/content/uk/en/events/founder-poppy-flowers/index.html): Poppy Flowers founder Cameron Hardesty shares how she raised seed funding from angels and accelerators to grow her flower company outside Silicon Valley., Host the world live on your website. (271 words)
- [FA Certification Program - Requesting Transfers/Submitting General Requests](/content/uk/en/events/fa-cp-transfers-general-requests/index.html): A walkthrough of how to request transfers and submit general requests in Carta's Fund Administration Certification Program., Host the world live on your website. (164 words)
- [Request a demo | Carta Private Credit](/content/uk/en/demo/private-credit/index.html): Request a demo of Carta's Private Credit solutions. (79 words)
- [Advisory Boards Unveiled: Elevating Australian Startups to Global Heights](/content/uk/en/events/elevating-australian-startups/index.html): A guide for Australian startup founders on building an advisory board, covering structure, compensation models, and lessons from successful founders., Host the world live on your website. (416 words)
- [FA Certification Program - SOI Approval and Update](/content/uk/en/events/fa-cp-soi-approval-update/index.html): A walkthrough of the SOI approval and update process in Carta's Fund Administration Certification Program., Host the world live on your website. (164 words)
- [How to Prepare for a Financial Audit](/content/learn/startups/financial-statements/financial-audits/index.html): Learn what the process looks like for private companies, what auditors look for, and how to best prepare. (1,401 words)
- [FA Certification Program - Distributions: Send Wire Instructions Request](/content/uk/en/events/fa-cp-send-wire-instructions-request/index.html): A guide to submitting wire instruction requests for distributions in Carta's Fund Administration Certification Program., Host the world live on your website. (165 words)
- [FA Certification Program - Management Fees](/content/uk/en/events/fa-cp-management-fees/index.html): A walkthrough of how management fees are handled in Carta's Fund Administration Certification Program., Host the world live on your website. (162 words)
- [FA Certification Program - Reviewing Financials](/content/uk/en/events/fa-cp-reviewing-financials/index.html): A walkthrough of how to review fund financials within Carta's Fund Administration Certification Program., Host the world live on your website. (162 words)
- [FA Certification Program - K1 and Tax](/content/uk/en/events/fa-cp-k1-tax/index.html): An overview of the K-1 and tax process covered in Carta's Fund Administration Certification Program., Host the world live on your website. (163 words)
- [What’s New, What’s Next: Effortless Distributions Modeling](/content/uk/en/events/effortless-distributions-modeling/index.html): Carta product leaders demo the new Distributions Modeling tool, simplifying a complex process into just a few clicks., Host the world live on your website. (56 words)
- [Corporate Transparency Act: What Business Owners Need to Know](/content/uk/en/events/corps-transparency-act/index.html): Carta and FinCEN experts explain Corporate Transparency Act beneficial ownership reporting requirements, key compliance dates, and common questions., Host the world live on your website. (153 words)
- [What’s New, What’s Next: Carta Fund Admin in Q1 (2024)](/content/uk/en/events/fund-admin-24q1/index.html): Carta's Director of Product Alex Legault and the fund admin team recap recent releases and walk through the year's product roadmap., Host the world live on your website. (268 words)
- [Audit-Ready Expense Reporting: The Fundamentals of Share-Based Payments](/content/uk/en/events/share-based-payments/index.html): Carta's Ryan Turley breaks down share-based payment expense reporting fundamentals, including fair value calculations and audit preparation tips., Host the world live on your website. (165 words)
- [FA Certification Program - Day One Financials](/content/uk/en/events/fa-cp-day-one-financials/index.html): An overview of day-one financials in Carta's Fund Administration Certification Program., Host the world live on your website. (163 words)
- [First Close: Optimising for Your First Close](/content/uk/en/events/optimising-for-your-first-close/index.html): Carta's First Close series covers how to execute a smooth fund closing, from investor onboarding and banking arrangements to LP communication., Host the world live on your website. (318 words)
- [First Close: Acing Your Fund Operations Stack](/content/uk/en/events/acing-your-fund-operations-stack/index.html): Carta's First Close series covers building a strong fund operations stack, from fund accounting and audits to improving LP reporting and relationships., Host the world live on your website. (345 words)
- [Vesting Explained: Schedules, Cliffs, Acceleration, and Types](/content/sg/en/learn/equity/stock-options/vesting/index.html): Learn everything you need to know about vesting, including how vesting schedules work and how to structure them for your team. (2,103 words)
- [Policy Playbook: Navigating the Shifting VC Regulatory Landscape](/content/uk/en/events/policy-playbook-vc-regulatory-landscape/index.html): Carta's policy experts unpack how new SEC private fund adviser rules and the broader regulatory agenda are reshaping the venture capital industry., Host the world live on your website. (312 words)
- [State of Private Markets: 2024 Predictions](/content/uk/en/events/2024-predictions/index.html): Carta's Peter Walker reviews 2023's startup fundraising trends, covering valuations, dilution, and deal velocity from seed through Series F, plus 2024 predictions., Host the world live on your website. (223 words)
- [Best Practices: EOY Tax & Audit Planning](/content/uk/en/events/eoy-audit-tax-planning/index.html): Executives from Carta and Rho share best practices for end-of-year tax and audit planning, including internal prep and stakeholder alignment., Host the world live on your website. (225 words)
- [Navigating the Corporate Transparency Act as a LatAm Based Business Owner](/content/uk/en/events/cta-latam/index.html): Experts explain Corporate Transparency Act compliance for LatAm founders with US entities, covering reporting requirements and Carta's compliance solution., Host the world live on your website. (173 words)
- [Building Lasting Limited Partner (LP) Relationships](/content/uk/en/events/building-lp-relationships/index.html): GPs and LPs discuss strategies for building and maintaining strong limited partner relationships throughout a fund's life cycle, not just fundraising., Host the world live on your website. (344 words)
- [Startup Fundraising 101: Building Strategic Partnerships](/content/uk/en/events/fundraising-101-strategic-partnerships/index.html): Carta's Shubhi Nigam and Pear VC's Arpan Shah discuss building investor relationships and a strategic media presence ahead of your fundraise., Host the world live on your website. (86 words)
- [Pre-Seed Benchmarks: Fundraising Data for New Startups](/content/uk/en/events/fundraising-data-for-new-startups/index.html): Hustle Fund's Haley Bryant and Carta's Peter Walker break down pre-seed fundraising data, covering SAFE and convertible note terms across industries and stages., Host the world live on your website. (257 words)
- [First Close: Formations](/content/uk/en/events/first-close-formations/index.html): Carta's First Close series covers essentials for launching a UK/EU venture fund, from legal structures and LP negotiations to operational costs., Host the world live on your website. (346 words)
- [How Did 2023 Change Valuations?](/content/uk/en/events/how-did-2023-change-valuations/index.html): Carta's valuation experts review how 2023 reshaped startup valuations, comparing fundraising and equity compensation trends heading into 2024., Host the world live on your website. (301 words)
- [Carta Law Terms of Use | Legal Hub](/content/legal/terms-agreements/carta-law-terms-of-use/index.html): This Terms of Use Agreement ("Agreement") is a legal agreement between you and Carta Law. (1,164 words)
- [Private Equity Firm Operations: In-House v. Outsourced](/content/uk/en/events/back-office-structures/index.html): In-house and outsourced CFOs debate private equity back-office structures, covering what to keep in-house, what to outsource, and vendor diligence., Host the world live on your website. (117 words)
- [Non-Qualified Stock Options (NSO): How NSOs Work](/content/uk/en/learn/equity/stock-options/nso/index.html): Non-qualified stock options (NSOs) are a type of equity compensation that does not qualify for favorable tax treatment. Learn about NSOs and how they work. (1,043 words)
- [Policy Briefing: What Does the UK Election Mean for VC?](/content/uk/en/events/uk-election-vc/index.html): Carta's policy experts break down how the UK election could reshape venture capital, from carried interest rules to non-dom tax regime changes., Host the world live on your website. (124 words)
- [Emerging Trends & Key Insights for Asset Allocators](/content/uk/en/events/trends-insights-for-asset-allocators/index.html): Leaders from Withers, EY, and Carta explore APAC fundraising trends, emerging commercial terms, and evolving LP-GP dynamics and exit strategies., Host the world live on your website. (323 words)
- [Startup Fundraising 101: Mastering Fundraising Strategy](/content/uk/en/events/fundraising-101-fundraising-strategy/index.html): Carta's Natasha Arora and Heather Hartnett discuss crafting a fundraising strategy tied to business milestones, using scenario modeling and SAFEs., Host the world live on your website. (131 words)
- [First Close: From Managing SPV’s to Launching a Fund](/content/uk/en/events/managing-spvs-to-launching-a-fund/index.html): Carta's First Close series covers transitioning from managing SPVs to launching your first fund, including operations and LP management tips., Host the world live on your website. (313 words)
- [State of Private Markets: Q1 Venture Spring?](/content/uk/en/events/q1-venture-spring/index.html): Carta's Peter Walker and Harlem Capital's Nicole DeTommaso review Q1 venture capital trends, highlighting early positive signals amid a slow quarter., Host the world live on your website. (222 words)
- [Policy Playbook: How the 2024 Election Could Shape Private Market Policy](/content/uk/en/events/how-24election-could-shape-pm-policy/index.html): Carta's Policy team previews how the 2024 elections could shape tax reform and private market regulation, and how funds and small businesses can adapt., Host the world live on your website. (273 words)
- [GP Secrets: Fundraising & Investing in the Middle East & Asia Pacific](/content/uk/en/events/cross-regional-fund-strategies/index.html): Fund managers from APAC and the Middle East share strategies for fundraising, investing, and expanding into these fast-growing venture markets., Host the world live on your website. (320 words)
- [Exits that Win: What Works, What Doesn’t, and How Fund Managers Quarterback Exits](/content/uk/en/events/exits-that-win/index.html): Carta's panel of M&A and exit-readiness experts covers timing exits, key pre-exit metrics, due diligence prep, and choosing between M&A and IPO paths for fund managers., Host the world live on your website. (336 words)
- [Essential Tools for Startup Success: Equity Management](/content/uk/en/events/essential-tools-equity-management/index.html): Carta's Shubhi Nigam and customer Brett Humphrey of Mivien Labs guide founders through choosing the right cap table provider and avoiding common mistakes., Host the world live on your website. (321 words)
- [Business Guide to Taxes: Expiring Tax Incentives](/content/uk/en/events/expiring-tax-incentives/index.html): Tax experts break down expiring tax incentives affecting corporations and passthrough businesses, with strategies for adapting to the changing landscape., Host the world live on your website. (170 words)
- [Value Creation through Employee Equity: Insights from the 2024 Private Equity Ownership Trends Report](/content/uk/en/events/pe-ownership-trends-2024/index.html): Carta's Insights team and PE experts explore how employee ownership programs drive value creation, based on the 2024 PE Ownership Trends Report., Host the world live on your website. (331 words)
- [ How Giant Leap Modernized Fund Operations with Carta](/content/customer-stories/giant-leap/index.html): Adopting Carta’s tech-first fund administration allowed Giant Leap to eliminate busywork, gain instant fund visibility, and focus on supporting its portfolio companies across climate, health, and people. (771 words)
- [What’s New, What’s Next: Carta Fund Admin in Q2](/content/uk/en/events/fund-admin-24q2/index.html): Carta's R&D team recaps the latest Q2 fund administration product updates and previews upcoming features arriving in Q3., Host the world live on your website. (256 words)
- [Carta | NYSE: Getting Your Company IPO Ready](/content/uk/en/events/getting-ipo-ready/index.html): Carta COO Tom Keiser and NYSE's Michael Harris discuss IPO paths, timing, vendor prep, and what management teams should do now to get IPO ready., Host the world live on your website. (177 words)
- [PE Executive Equity: Data-Backed Insights](/content/uk/en/events/pe-executive-equity-2025/index.html): Carta's Insights team shares findings on executive equity compensation at PE-backed portfolio companies, covering grants, vesting, and performance conditions., Host the world live on your website. (215 words)
- [The Startup Guide to UK Fundraising: EIS and SEIS](/content/uk/en/events/uk-fundraising-eis-seis/index.html): A panel explains the UK's SEIS and EIS investment schemes, covering pre-seed and seed round sizes, fundraising tips, and raising funding with Carta., Host the world live on your website. (119 words)
- [Startup Compensation in 2024](/content/uk/en/events/startup-compensation-2024/index.html): A look at 2024 startup compensation trends, covering salary growth, equity packages, hiring pace, and how pay compares across major US markets., Host the world live on your website. (291 words)
- [Best Practices: How to Prepare for Year-End (Audit & Tax)](/content/uk/en/events/year-end-audit-tax/index.html): Carta and BDO leaders share how funds can prepare for year-end audit and tax season, covering deadlines, documentation, and choosing the right partners., Host the world live on your website. (167 words)
- [[Bonus Event] Startup Fundraising 101: Close Your Priced Round with Confidence](/content/uk/en/events/fundraising-101-priced-round/index.html): Carta and startup leaders explain how to model SAFE conversions, collaborate with legal teams, and close a priced funding round on time and confidently., Host the world live on your website. (415 words)
- [Founders Guide to Board Management](/content/uk/en/events/founders-board-management-2024/index.html): Carta CEO Henry Ward, Edward Norton of Zeck, and Katie Jacobs Stanton of Moxxie Ventures share tips on board composition and communication for founders., Host the world live on your website. (240 words)
- [FA Certification Program: Fund Tax Process](/content/uk/en/events/fa-certification-program-fund-tax-process/index.html): An overview of the fund tax process covered in Carta's Fund Administration Certification Program., Host the world live on your website. (162 words)
- [What’s New & What’s Next: Carta Alternative Assets Product Updates in Q2](/content/uk/en/events/alternative-assets-24q2/index.html): Carta introduces PE Firm Overview, a new alternative assets product giving centralized access to portfolio company cap tables and waterfalls., Host the world live on your website. (205 words)
- [What’s New, What's Next: Carta Fund Admin in Q3](/content/uk/en/events/fund-admin-24q3/index.html): Carta's Fund Administration product leaders recap Q3 releases like the LP Dashboard and GP Portal, and preview the roadmap for the rest of the year., Host the world live on your website. (142 words)
- [Tax Ready Already - Startup | Carta](/content/c/tax-ready-already-startup/index.html): This year, plug tax season into the platform that already powers your fund—and discover a faster path to "filed." (418 words)
- [What’s New, What’s Next: Carta Fund Admin in Q4](/content/uk/en/events/fund-admin-24q4/index.html): Carta CPO Vrushali Paunikar and the Fund Administration team recap 2024's product releases, including Fund Forecasting, and preview the 2025 roadmap., Host the world live on your website. (315 words)
- [The Lifecycle of a Private Equity Deal with Weil](/content/uk/en/events/pe-deal-lifecycle-weil/index.html): Weil, Gotshal & Manges attorneys break down the private equity acquisition process, deal structures, key agreements, and management equity arrangements., Host the world live on your website. (233 words)
- [FA Certification Program - Scenario Modeling Overview](/content/uk/en/events/fa-certification-program-scenario-modeling-overview.html): An overview of scenario modeling tools available in Carta's Fund Administration Certification Program., Host the world live on your website. (163 words)
- [Pre-Seed Fundraising: Fresh Data from Q2 2024](/content/uk/en/events/fresh-data-from-24q2/index.html): Carta's Peter Walker joins Antler and Hustle Fund to break down Q2 2024 SAFE and Note data, covering valuation caps, raise amounts, and terms., Host the world live on your website. (282 words)
- [FA Certification Program - Downloading SOC Reports](/content/uk/en/events/fa-certification-program-downloading-soc-reports/index.html): A guide to downloading SOC reports within Carta's Fund Administration Certification Program., Host the world live on your website. (163 words)
- [FA Certification Program: Auditor Portal Overview](/content/uk/en/events/fa-certification-program-auditor-portal-overview/index.html): An overview of the auditor portal within Carta's Fund Administration Certification Program., Host the world live on your website. (162 words)
- [Audit Mastery: The Essentials You're Not Thinking About](/content/uk/en/events/audit-mastery-essentials/index.html): Fund managers share strategies for tackling year-end audit challenges, from valuation pitfalls to streamlining prep and stakeholder communication., Host the world live on your website. (306 words)
- [VC Fund Performance: New Benchmarks for 2024](/content/uk/en/events/vc-fund-performance-2024/index.html): Carta's Peter Walker and Sapphire Partners' Beezer Clarkson discuss new VC fund performance benchmarks like IRR, TVPI, and DPI for emerging managers., Host the world live on your website. (141 words)
- [Healthcare and Life Sciences: Growth and Funding Insights](/content/uk/en/events/hcls-insights/index.html): Symphonic Capital's Sydney Thomas and Carta's Hamza Shad cover fundraising, valuation, hiring, and compensation trends for healthcare and life sciences startups., Host the world live on your website. (306 words)
- [Deep Dive: European Data Insights](/content/uk/en/events/deep-dive-eu-data-insights/index.html): Carta and industry experts explore European venture capital trends, including early-stage deal dynamics, later-stage capital flows, and lessons from the US market., Host the world live on your website. (107 words)
- [Essential Tools for Startup Success: Elevate Your Compensation Strategy](/content/uk/en/events/essential-tools-compensation-strategy/index.html): Rippling's Darcy Mackay and Carta's Josh Steinfeld share 2025 hiring outlook and compensation planning strategies, including how to use market data., Host the world live on your website. (333 words)
- [Startup Fundraising 101: Post-funding Success](/content/uk/en/events/fundraising-101-post-funding/index.html): Carta's Natasha Arora and leaders from Cowboy Ventures, Vouch, and Nile close out the Fundraising 101 series with tips for succeeding after funding., Host the world live on your website. (269 words)
- [Looking Forward: A Glimpse into the Future of Fund Waterfall Management](/content/uk/en/events/fund-waterfall-management/index.html): A preview of Carta's latest fund waterfall management innovation, exploring the vision and early software connecting private capital workflows., Host the world live on your website. (252 words)
- [What is an RSU? Definition, Benefits, & Taxes](/content/sg/en/learn/equity/rsu/index.html): Learn about restricted stock units—a type of equity—including how RSUs work, how they are taxed, and benefits for employees. (1,417 words)
- [Fund Forecasting Demo](/content/uk/en/events/fund-forecasting-demo/index.html): Carta CEO Henry Ward and Anubhav Srivastava demo Carta Fund Forecasting (formerly Tactyc), a platform for building venture fund models with real benchmark data., Host the world live on your website. (325 words)
- [Option Pool Definition: How to Size Your Employee Option Pool](/content/sg/en/learn/startups/equity-management/option-pool/index.html): A stock option pool’s size affects share prices, ownership dilution, and company value. Here’s what you need to know to calculate an employee option pool. (1,274 words)
- [Essential Tools for Startup Success: QSBS Attestation](/content/uk/en/events/essential-tools-qsbs/index.html): Carta experts and customer Avisi Technologies explain QSBS tax benefits, eligibility requirements, and how Carta's Attestation tool helps shareholders save., Host the world live on your website. (350 words)
- [Founder’s Journey 101: Laying the Groundwork](/content/uk/en/events/founders-journey-101-groundwork/index.html): Founders Joe Carney and Robert Wolfe cover early-stage decisions from pre-seed to Series A, including product-market fit, fundraising, and investor relations., Host the world live on your website. (155 words)
- [What’s New, What’s Next: Carta Fund Admin in Q1 (2025)](/content/uk/en/events/fund-admin-25q1/index.html): Carta product managers recap Q1 fund admin releases, including a document repository, Ramp integration, and tax improvements, plus a Q2 roadmap preview., Host the world live on your website. (331 words)
- [State of Private Markets: End of Year Predictions](/content/uk/en/events/sopm-eoy-predictions/index.html): Carta's Peter Walker and Ashley Neville review Q3 private market trends, including AI's continued momentum and differences by stage, location, and sector., Host the world live on your website. (233 words)
- [Loan Covenants in Private Credit](/content/learn/private-funds/private-equity/strategies/private-credit-investing/loan-covenants/index.html): Learn about loan covenants, including the different types, their important role in private credit, and how you can manage compliance from both the borrower and lender perspective. (2,252 words)
- [Making Audits Easy: How to Streamline Your Fund’s Audit ](/content/uk/en/events/making-audits-easy/index.html): How is your 2026 audit going? How can you make this your most seamless season yet?, Host the world live on your website. (325 words)
- [Singapore The Global Hub: 2025 Regulatory and Tax Changes for Fund Managers](/content/uk/en/events/singapore-2025-regulatory-tax/index.html): Tax, audit, and legal experts break down Singapore's 2025 regulatory and tax changes for fund managers, and how to navigate compliance risks., Host the world live on your website. (301 words)
- [Policy Outlook 2025: Implications for the Private Capital Ecosystem](/content/uk/en/events/policy-outlook-2025/index.html): TechNet's Carl Holshouser and Carta's Policy Team discuss the new administration's 2025 policy agenda and its impact on venture capital and startups., Host the world live on your website. (355 words)
- [Stock Warrants Explained: Definition and How Warrants Work](/content/learn/equity/stock-warrants/index.html): Learn everything you need to know about warrants, including what they are, their key components, and when to issue them. (1,138 words)
- [Shaping the Future of Venture Capital: Women in VC (Replay)](/content/uk/en/events/women-in-vc-replay/index.html): Women in VC from VamosVentures, Global Ventures, and Carta share their career journeys, lessons learned, and perspectives on the VC industry's future., Host the world live on your website. (145 words)
- [Best Practices: Planning for a Successful Year End](/content/uk/en/events/uk-year-end-planning/index.html): Carta, BDO, RSM, and Future Business Partnership share internal prep strategies for a smooth, stress-free year-end audit and tax season for funds., Host the world live on your website. (320 words)
- [Insights from Carta's 2024 State of Compensation Report](/content/uk/en/events/state-of-compensation-2025/index.html): Carta's FY 2024 State of Compensation Report reveals trends in hiring, company composition, geographic pay differences, and executive compensation., Host the world live on your website. (283 words)
- [Employee Compensation: A Founder's Guide to Compensation Packages](/content/learn/startups/compensation/index.html): Learn how to build a competitive employee compensation package to attract top talent and stay compliant as you scale. (3,005 words)
- [Carta LP/GP Summit Registration](/content/sg/en/request/lp-gp-summit-register/index.html): On September 15th, Carta will host our annual LP/GP Summit: Our closed-door event for LPs & GPs in APAC & MENA where we delve into the latest global trends and data shaping the investment landscape. (123 words)
- [Senior Debt: Definition, Benefits, & Impact on Capital Structure](/content/learn/startups/fundraising/debt-financing/private-credit/senior-debt/index.html): Learn about senior debt and its relationship to capital structure. Explore how senior debt compares to junior debt, mezzanine debt, and equity. (923 words)
- [VC Masterclass: Designing a Fund Thesis](/content/uk/en/events/vc-masterclass-fund-thesis/index.html): This VC Masterclass session explains how venture investors design and communicate their fund's investment thesis., Host the world live on your website. (133 words)
- [Shaping the Future of Venture Capital: Women in VC](/content/uk/en/events/women-in-vc/index.html): VamosVentures' Ashley Ryder, Global Ventures' Medea Nocentini, and Carta's Megan Greer share career lessons and views on the future of venture capital., Host the world live on your website. (303 words)
- [VC Fund Performance in 2024](/content/uk/en/events/fund-performance-in-2024/index.html): Carta's Peter Walker, Homebrew's Hunter Walk, and Screendoor's Jamie Rhode discuss 2024 VC fund performance data, including IRR, TVPI, and DPI trends., Host the world live on your website. (234 words)
- [Why Your Cap Table and Waterfall Must Be Natively Connected](/content/sg/en/blog/llc-cap-table-waterfall/index.html): Disconnected cap tables and waterfall models slow deals and add risk. Learn why PE-backed companies need a connected equity system for investor readiness. (1,294 words)
- [2024 Venture Capital Review: Insights and Implications for the Coming Year](/content/uk/en/events/2024-pm-review/index.html): Harlem Capital's Nicole DeTommaso and Carta's Ashley Neville reflect on 2024 startup fundraising, valuations, and dilution trends from seed through Series F., Host the world live on your website. (251 words)
- [Private Equity Portfolio Companies & Funds: Connecting the Dots for the Audit Cycle](/content/uk/en/events/portcos-funds-audit-cycle/index.html): Carta and Citrin Cooperman explain how PE funds and portfolio companies align on financial reporting, valuations, and audit processes each cycle., Host the world live on your website. (335 words)
- [What is ASC 718? Guidelines for Expensing Stock Options](/content/learn/startups/equity-management/asc-718/index.html): Is your startup staying GAAP compliant? Learn how to expense employee stock options on your company’s income statement using ASC 718 accounting guidelines. (1,141 words)
- [sg/en/blog/aml-cft-requirements-delayed/index.html](/content/sg/en/blog/aml-cft-requirements-delayed/index.html) (1,096 words)
- [Founder’s Journey 101: Scaling for Impact in Australia](/content/uk/en/events/founders-journey-australia/index.html): Growth-stage founders learn how to scale in the Australian market, covering investor metrics, fundraising strategies, hiring, and compliance challenges., Host the world live on your website. (269 words)
- [VC Masterclass: Building an Investment Track Record](/content/uk/en/events/vc-masterclass-track-record/index.html): Carta's Megan Greer and SemperVirens' Allison Baum Gates discuss how fund managers build a track record to win over LPs, in this VC Masterclass session., Host the world live on your website. (224 words)
- [sg/en/blog/policy-weekly-09-05-25/index.html](/content/sg/en/blog/policy-weekly-09-05-25/index.html) (1,271 words)
- [How to Construct Your Fund for Long-Term Success](/content/uk/en/events/fund-construction-masterclass/index.html): Fund managers from Cambridge Future Tech, Moonfire, AQVC, and Carta share a masterclass on fund construction, scenario planning, and modeling with Fund Forecasting., Host the world live on your website. (336 words)
- [What is Debt Financing? Definition & How It Works](/content/learn/startups/fundraising/debt-financing/index.html): Learn about debt financing for startups, including the different types available, the pros and cons, and when it makes sense to use it in your startup fundraising strategy. (803 words)
- [What's New, What's Next: Building Connected Fund Admin](/content/uk/en/events/fund-admin-25-q2/index.html): Carta's product team previews new features for streamlining financial operations, carried interest transparency, and portfolio performance visibility., Host the world live on your website. (137 words)
- [Founder's Journey 101: Accelerating Growth](/content/uk/en/events/founders-journey-101-growth/index.html): Nomagic's Kacper Nowicki and Carta's Shubhi Nigam share growth metrics, Series B-D fundraising strategies, and tips for building high-performing teams., Host the world live on your website. (300 words)
- [Liquidity Events: Definition, Types & How to Prepare](/content/sg/en/learn/equity/liquidity-events/index.html): Liquidity events allow shareholders to turn illiquid equity into cash. Learn more about IPOs, M&As, tender offers, and other secondary transactions.
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- [Employee Compensation: A Founder's Guide to Compensation Packages](/content/sg/en/learn/startups/compensation/index.html): Learn how to build a competitive employee compensation package to attract top talent and stay compliant as you scale. (2,886 words)
- [Fund Forecasting Live Demo: How to Make Data-Driven Fund Decisions](/content/uk/en/events/data-driven-decisions-fund-forecasting/index.html): Carta's Fund Forecasting tool integrates real-time cap table and fund admin data into dynamic models, with a live demo and insights from Active Impact Investments., Host the world live on your website. (366 words)
- [Gauntlet Uses Carta Total Comp to Hire Competitively in the Surging Web3 Industry](/content/customer-stories/gauntlet/index.html): Founded in 2018, Gauntlet is on a mission to equip crypto-native organizations building decentralized systems with the right knowledge and tools to make the best decisions for their crypto products. (623 words)
- [Tax Season Recap & What’s Next for Startup Taxes](/content/uk/en/events/2025-tax-season/index.html): Carta's tax experts recap the 2025 tax season, covering common startup mistakes, upcoming policy changes, and how QSBS supports founder tax savings., Host the world live on your website. (325 words)
- [Are Spreadsheets Enough for Your LLC Cap Table?](/content/sg/en/blog/llc-cap-table-spreadsheet/index.html): Learn why spreadsheet-based cap tables aren't designed to handle complex LLC ownership structures, and how using a purpose-built cap table management platform like Carta can help. (1,208 words)
- [Where to set up your fund: A comparative guide for fund managers](/content/blog/fund-jurisdictions-comparison/index.html): Choosing the right jurisdiction depends on your fund's goals, investor base, and regulatory preferences. Here is a breakdown of six non-U.S./Europe regions favored by fund managers.
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- [IPO Readiness in 2025: Market Signals, Timing, and Looking Ahead](/content/uk/en/events/ipo-readiness-in-2025/index.html): Morgan Stanley and Carta leaders discuss market dynamics shaping IPO strategy in 2025, covering signals, timing, and building flexibility into IPO plans., Host the world live on your website. (325 words)
- [Lightning AI Hires Transparently with Carta Total Comp Data](/content/customer-stories/lightning-ai/index.html): Founded in 2019, Lightning AI offers a platform for building and training machine learning models at scale.  (757 words)
- [Tariff Turmoil: Implications for Private Capital](/content/uk/en/events/tariff-implications-private-capital/index.html): Experts from Gilgamesh Ventures, Freshfields, and Carta discuss how tariff policy is reshaping private markets and how funds can navigate the fluid environment., Host the world live on your website. (149 words)
- [VC Masterclass: Setting a Target Fund Size](/content/uk/en/events/vc-masterclass-fund-size/index.html): This VC Masterclass session covers how to set a target fund size and the operational considerations that shape a fund's performance., Host the world live on your website. (313 words)
- [How healthcare AI led a 'paradigm shift' in a $23B year for startups](/content/data/industry-spotlight-healthcare-2024/index.html): Round sizes are getting smaller, as tech innovations are transforming the industry and creating leaner models. In this Industry Spotlight, we explore the data and the impacts for founders and investors. (1,648 words)
- [Subordinated Debt: Essential Guide for Private Companies and Funds](/content/learn/startups/fundraising/debt-financing/private-credit/subordinated-debt/index.html): Learn how subordinated debt works, the interest rates it typically carries, and its impact on private company capital structures. (669 words)
- [What’s New, What’s Next: The Future of Visibility and Control in Fund Accounting](/content/uk/en/events/fund-admin-25-q3/index.html): Carta previews new Entity Maps, middle-office automation, and bank integrations aimed at improving visibility and control in fund accounting., Host the world live on your website. (243 words)
- [VC Masterclass: Sourcing and Nurturing LP Relationships](/content/uk/en/events/vc-masterclass-lp-relationships/index.html): This VC Masterclass session covers strategies for identifying, pitching, and building long-term relationships with limited partners., Host the world live on your website. (363 words)
- [Transform Tax Savings into Startup Growth with QSBS](/content/uk/en/events/transform-tax-with-qsbs/index.html): Carta and startup leaders explain how QSBS can deliver up to $15M in tax-free gains for founders and early employees when used strategically., Host the world live on your website. (226 words)
- [PE Compensation Series with Davis Polk & Ownership Works: The Power of Broad-Based Ownership in Private Equity](/content/uk/en/events/pe-compensation-series-broad-based-ownership/index.html): Carta and Davis Polk experts, with Ownership Works, discuss how broad-based equity ownership programs drive alignment and retention at PE firms., Host the world live on your website. (441 words)
- [What is a Tax Advisor? Definition & Responsibilities](/content/uk/en/learn/startups/tax-planning/tax-advisor/index.html): A tax advisor works with you to model different scenarios that can help minimize your tax liability while staying compliant with the U.S. tax code. (905 words)
- [How to Map Your Investment Structures with Carta](/content/uk/en/events/carta-entity-map/index.html): Carta's CEO and product team introduce Entity Map, a new visualization tool helping GPs and finance teams track complex fund and entity relationships., Host the world live on your website. (145 words)
- [Founder’s Journey 101: Preparing for a Strategic Exit](/content/uk/en/events/founders-journey-101-exit/index.html): Founders and Carta experts discuss liquidity readiness, tax-smart planning, and leadership evolution in the third session of the Founder's Journey series., Host the world live on your website. (298 words)
- [QSBS: Protected, and expanded](/content/uk/en/policy/policy-weekly-06-03-25/index.html): Long and patient policy engagement pays off, as tax benefits open up for more investors and companies and R&D expensing turns more favorable for private capital markets as part of new budget bill. (699 words)
- [Driving Operational Speed, Accuracy, and Scale Through Integrated Fund Admin Workflows](/content/uk/en/events/new-standard-fund-admin/index.html): Carta and VCFA Group leaders discuss how integrated fund admin workflows are driving operational speed, accuracy, and scale for fund managers., Host the world live on your website. (177 words)
- [The Modern Audit Playbook: Roles, Valuations, and Platform Power](/content/uk/en/events/2025-audit-playbook/index.html): Audit and valuation experts share a practical guide to 2025 audit readiness, covering stakeholder collaboration, documentation, and common valuation pitfalls., Host the world live on your website. (308 words)
- [Startup Compensation in H1 2025](/content/uk/en/events/startup-compensation-h1-2025/index.html): A conversation on how startup compensation has shifted since 2021, covering hiring trends, functional pay differences, and regional pay comparisons., Host the world live on your website. (288 words)
- [Tax Ready, Already: A New Standard for Fund Taxes, Powered by AI](/content/uk/en/events/tax-ready-already/index.html): Carta CEO Henry Ward and DataTribe's CFO discuss how AI is reshaping fund tax operations to create a faster, more seamless annual tax season., Host the world live on your website. (221 words)
- [How to Convert from an LLC to a C-Corp](/content/uk/en/learn/startups/private-companies/convert-llc-to-c-corp/index.html): Understand the differences between a c-corp vs. LLC to help you decide which right for you. Learn what to consider before converting an LLC to a C-Corp. (1,303 words)
- [Distressed Debt: Features, Benefits, and Risks](/content/learn/startups/fundraising/debt-financing/private-credit/distressed-debt/index.html): Learn about the key features of distressed debt, including the main benefits and risks for investors, and how distressed debt funds operate. (626 words)
- [Five charts showing how AI is dominating the venture fundraising market](/content/sg/en/data/ai-fundraising-trends-2024/index.html): In 2024, companies in the AI space stunned the market by raising huge rounds at lofty valuations from some of the most prestigious investors. Some headline-grabbing rounds were raised mere weeks after launch. (876 words)
- [Unlock Firm Insights and Clarity with Carta’s Data Warehouse](/content/uk/en/events/carta-data-warehouse/index.html): Carta CEO Henry Ward and Product Manager Annette Faynburd introduce the Data Warehouse, giving CFOs and GPs no-code querying and benchmarking tools., Host the world live on your website. (297 words)
- [A VC & Founder’s Journey from Fundraising to Strategic Partnership](/content/uk/en/events/vc-founder-partnership/index.html): A VC and founder share candid insights on building a lasting partnership after fundraising, covering data sharing, trust, and investor communication., Host the world live on your website. (146 words)
- [Unlock Fast, Audit-Defensible Portfolio Valuations](/content/uk/en/events/audit-defensible-portfolio-valuations/index.html): Carta CEO Henry Ward and Product Lead Sharanya Venkat unveil Portfolio Valuations, a solution for faster, audit-defensible private market valuations., Host the world live on your website. (195 words)
- [Q2 Venture Capital Review: Startup Rebound?](/content/uk/en/events/25q2-venture-capital-review/index.html): Lightspeed's Mercedes Bent and Carta's Ashley Neville break down Q2 2025 fundraising, dilution, and exit data to gauge startup optimism., Host the world live on your website. (81 words)
- [Terms & Agreements | Legal Hub](/content/legal/terms-agreements/index.html): Review the terms that explain how the platform works, what's included, and the responsibilities on both sides. (157 words)
- [Business Exit Strategies & Exit Planning](/content/sg/en/learn/startups/exit-strategies/index.html): An exit strategy outlines how and when a founder, CEO, or investor plans to liquidate a company. Learn more about IPOs, M&As, liquidations, and buyouts. (1,191 words)
- [VC Fund Performance Q1 2025 (Virtual Event)](/content/uk/en/events/vc-fund-performance-2025-q1/index.html): Carta's Peter Walker reviews Q1 2025 VC fund performance data, including IRR, TVPI, and DPI trends from over 2,500 US venture funds., Host the world live on your website. (68 words)
- [Navigating the New QSBS to Maximize VC Gains](/content/uk/en/events/qsbs-vc-gains/index.html): Carta experts and Mintaka VC's Reed McBride explain how the new QSBS rules raise gains caps to $15M and what it means for VC tax planning and portfolio companies., Host the world live on your website. (375 words)
- [Beyond the Spreadsheets: Achieve Clarity with LP Portfolio Analytics](/content/uk/en/events/clarity-lp-portfolio-analytics/index.html): Carta CEO Henry Ward introduces LP Portfolio Analytics, powered by its Accelex acquisition, giving institutional LPs automated data aggregation and portfolio insights., Host the world live on your website. (379 words)
- [Carta Partners with Compound for API Integration | Carta](/content/product-updates/compound-api-carta-integration/index.html): Carta partners with wealth management company, Compound, in its latest API integration, allowing customers to see their entire asset portfolio in one place. (472 words)
- [The next evolution of Carta | Carta](/content/blog/the-next-evolution-of-carta/index.html): Today we are making a visual change at Carta. This change is the external manifestation of the next evolution of Carta. (810 words)
- [State of Private Markets: Q4 and 2024 in review](/content/data/state-of-private-markets-q4-2024/index.html): The startup fundraising landscape is undergoing a clear resurgence from the post-pandemic slowdown. Carta has all the data, including trends in round sizes, valuations, dilution, and more, across every stage and every region of the U.S. (1,658 words)
- [How Carta Helps Streamline Equity, Make Hires, and Save on Taxes](/content/sg/en/customer-stories/streamline/index.html): Mac Clemmens first became aware of Carta when he was bootstrapping his first startup from his college dorm room. He was frustrated by archaic systems for cap table management and was looking for answers for issuing employee equity. (905 words)
- [Business Tax Deadlines 2026: Corporations and LLCs](/content/learn/startups/tax-planning/business-tax-deadlines/index.html): Key tax deadlines are coming up in 2026 for LLC and corporation businesses. Here are the dates and IRS forms you need to know. (662 words)
- [VC Fund Performance 2025](/content/uk/en/events/fund-performance-2025/index.html): Carta's Peter Walker analyzes 2025 VC fund performance data, including IRR, TVPI, and DPI trends from over 2,700 US venture funds., Host the world live on your website. (221 words)
- [Scenario Modeling & Planning Software | Carta APAC](/content/sg/en/equity-management/cap-table/scenario-modeling/index.html): Use Carta's scenario modeling tool to understand the impact of fundraising and exits, through sensitivity analysis, payout modeling, and pro forma cap tables. (447 words)
- [The New Dynamics of Venture, Private Equity, and Credit: Five Trends Shaping the Private Market](/content/uk/en/events/five-trends-private-market/index.html): Carta's Insights team and Sourcery's Molly O'Shea break down five trends reshaping venture, private equity, and credit markets in Q3 2025., Host the world live on your website. (91 words)
- [Carta for Management Companies](/content/blog/manco-administration-solution/index.html): An integrated solution to streamline reporting, planning, and budgeting for private capital leaders. (708 words)
- [Carta integration with Stripe Atlas helps founders fundraise faster | Carta](/content/product-updates/carta-stripe-atlas-api-partnership/index.html): Founders who need to incorporate and get a tax ID will have the option to visit Stripe Atlas during signup for Carta Launch. (551 words)
- [Carta Partners with Cooley for API Integrations | Carta](/content/product-updates/cooley-api-carta-integration/index.html): Carta partners with Cooley LLP for two new API programs, which grant access to Carta data directly within the firm’s proprietary attorney portals. (497 words)
- [Dematerialization of shares of a private limited company in India](/content/sg/en/blog/dematerialization-shares-private-company-india/index.html): All companies incorporated in India, except for certain small companies, are now required to issue all shares exclusively in dematerialized form. Learn more about the new rules, including how to comply.
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- [What are Stock Options? Types of Options & How They Work](/content/learn/equity/stock-options/index.html): Learn the fundamentals of stock options, including the different types, how they are granted and vested, and the process for exercising and paying taxes. (2,561 words)
- [docs/carta/docs/quickstart-guide/index.html](/content/docs/carta/docs/quickstart-guide/index.html) (319 words)
- [2026 PE Executive Equity Report](/content/data/pe-executive-equity-2026/index.html): How do PE-backed portfolio companies use their equity as a tool to attract and retain talent? Dig into our full breakdown of ESOPs, equity types, vesting schedules, performance conditions, and more. (735 words)
- [Exercising Stock Options: How & When to Exercise Options](/content/sg/en/learn/equity/stock-options/exercising/index.html): Maximize your tax benefits and minimize risks by learning when and how to exercise stock options. (1,351 words)
- [Share Dilution: What Causes Dilution & How to Prepare](/content/sg/en/learn/startups/equity-management/share-dilution/index.html): Share dilution is the reduction in an existing shareholder’s ownership percentage after a fundraising round. Learn how to prepare your startup for dilution. (1,753 words)
- [How safe is your SAFE in the QFC?](/content/sg/en/blog/safes-qfc/index.html): Explore the reliability of SAFEs in Qatar's evolving VC ecosystem. Find out how the QFC provides a viable legal framework for startups and investors, ensuring the enforceability of SAFEs despite Sharia principles. (1,351 words)
- [State of Private Markets: Q2 2025](/content/sg/en/data/state-of-private-markets-q2-2025/index.html): A picture is emerging in the early days of the AI age: Investors have grown more selective, but rising valuations show that VCs believe many of these young, lean startups are poised for explosive growth in the years to come. (913 words)
- [Employee stock ownership plans (ESOP) | Carta](/content/sg/en/learn/startups/equity-management/esop/index.html): This article explores how ESOPs work in different countries. Whether you’re setting up an employee stock ownership plan, an employee share ownership plan or an employee share option plan, you’ll find answers to common questions about ESOPs. (708 words)
- [sg/en/partners/law-partners/index.html](/content/sg/en/partners/law-partners/index.html) (216 words)
- [docs/carta/reference/v1alpha1portfoliosissuerslistportfolios/index.html](/content/docs/carta/reference/v1alpha1portfoliosissuerslistportfolios/index.html) (277 words)
- [docs/carta/reference/v1alpha1investorslistfirms/index.html](/content/docs/carta/reference/v1alpha1investorslistfirms/index.html) (259 words)
- [List Issuers](/content/docs/carta/reference/v1alpha1issuerslistissuers/index.html): Scope(s): read_issuer_info
Retrieve issuers. (274 words)
- [How Professional Services Firm Sikich Leveraged Carta to Power Its Employee Ownership Expansion](/content/customer-stories/sikich/index.html): Sikich, a global leader in technology-enabled professional services, has been in growth mode. In the first half of 2024, the Chicago-based company secured a minority investment from private equity firm Bain Capital, helping it drive acquisitions and evolve its approach to talent retention through employee ownership.  (634 words)
- [Waterfall Analysis: How to Model Exit Waterfalls](/content/sg/en/learn/startups/exit-strategies/waterfall-analysis/index.html): Learn how to model exit scenarios using waterfall analysis. Waterfalls help investors predict how shareholders would be paid out at a future liquidity event. (1,068 words)
- [Rollover Equity: How It Works in Private Equity M&A Deals](/content/learn/startups/exit-strategies/mergers-acquisitions/rollover-equity/index.html): Learn how rollover equity works during PE M&A deals, including advantages, disadvantages, and tax treatment for buyers and sellers. (785 words)
- [Real-time carry visibility for GP members](/content/sg/en/product-updates/gp-member-experience/index.html):  We automated the accounting for GP carry.  Now we're delivering the visibility. (444 words)
- [QSBS Eligibility Guide | Carta](/content/uk/en/learn/resources/qsbs-eligibility-guide/index.html): Download Carta’s free QSBS eligibility guide to learn how to protect your QSBS tax break, avoid common pitfalls, and maximize potential capital gains savings on share sales. (103 words)
- [ISOs_guide-shareable_resource](/content/wp-content/uploads/2023/01/isos_guide-shareable_resource-pdf.html) (273 words)
- [ARR Calculator | Carta](/content/learn/resources/arr-calculator/index.html): Calculate your company’s annual recurring revenue (ARR) with Carta’s free ARR Calculator. Forecast growth and estimate ARR, MRR, upgrades, and churn easily. (102 words)
- [Request a demo and join Carta | 409a Valuations | Carta](/content/sg/en/demo/409a-valuations/index.html): Request a demo of Carta's equity management platform and learn more about audit-ready 409a valuations. (124 words)
- [Investor Relations: Build trust and manage investors with confidence](/content/sg/en/c/investor-relations/index.html): Unlock future funding and growth opportunities for your startup by building stronger relationships with your investors. (275 words)
- [Founder’s Guide to QSBS | Carta](/content/uk/en/learn/resources/founders-guide-qsbs/index.html): Download our free founder’s guide to QSBS. Learn how to qualify, document, and maintain QSBS status so you, your team, and investors can maximize tax savings on share sales. (130 words)
- [PE Equity 101 Guide | Carta](/content/learn/resources/pe-equity-101-guide/index.html): Download Equity 101 for employees of private equity-backed companies. Learn how equity works, award types, tax implications, vesting, and how to align with company growth. (93 words)
- [Carta](/content/app/launch/create-account/fundraise-marketing-page/index.html) (168 words)
- [Private Equity Fund Administration | Buyer's Guide](/content/learn/resources/pe-fund-admin-buyers-guide/index-2.html): Download Carta's PE fund admin guide to understand the risks of fragmented systems, find a single source of truth for fund administration data, and evaluate potential solutions. (112 words)
- [Waterfall Modeling Software: Fast & Accurate Models](/content/sg/en/equity-management/waterfall-modeling/index-2.html): Waterfall modeling is painstaking, and error-prone work, but it doesn't have to be. Carta makes running an accurate waterfall model simple and fast. Learn more. (242 words)
- [Carta Establishes a Dual-Hub Network for Hong Kong's $240B Private Markets](/content/sg/en/blog/carta-hong-kong-expansion/index.html): With a new office in Hong Kong, Carta brings localized fund administration expertise and on-the-ground support to one of Asia’s most active private capital centers. (260 words)
- [How NLVC Manages Funds and Works with LPs in China and the US](/content/customer-stories/northern-light-vc/index.html): Northern Light Venture Capital has over $4.5 billion under management and is one of the largest venture firms in China.  (1,036 words)
- [Request a demo and join Carta | Cap Table | Carta](/content/sg/en/demo/cap-table/index.html): Request a demo of Carta's equity management platform and learn more about cap table management. (86 words)
- [NSOs_guide-shareable_resource](/content/wp-content/uploads/2023/01/nsos_guide-shareable_resource-pdf.html) (133 words)
- [New Communication Center Streamlines Communications for Startups](/content/product-updates/communication-center/index.html): Carta has released a new tool that allows companies to communicate from the platform with anyone they choose—even recipients who aren’t on their cap table. (276 words)
- [Request a demo of Carta's QSBS solutions](/content/demo/qsbs/index.html): Learn how Carta automatically checks your QSBS eligibility, provides compliance support, and issues annual attestation letters so that you can maximize your tax benefits. (39 words)
- [Tender offers are helping fill the gap left by venture capital’s IPO lull](/content/data/tender-offers-q2-2025/index.html): So far this year, about 61% of tenders administered on Carta involved companies at Series C or later, while the other 39% involved companies between the seed stage and Series B. 
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- [PE in 2030: AI Whitepaper | Carta](/content/learn/resources/pe-2030-ai-whitepaper/index-2.html): Learn how to future-proof your PE fund operations with Carta's free whitepaper. Discover how AI is transforming private equity back offices with automation, precision, and real-time insights. (116 words)
- [Integrate your HRIS with Carta ](/content/sg/en/product-updates/hris-integration/index.html): Carta now integrates with more than 100 HRIS providers. Some of the benefits are immediate—and others pay off big down the line. (304 words)
- [RSUs_guide-shareable_resource](/content/wp-content/uploads/2023/01/rsus_guide-shareable_resource-pdf.html) (135 words)
- [Request a demo and join Carta | Financial Reporting | Carta](/content/demo/financial-reporting/index.html): Request a demo of Carta's equity management platform and learn more about financial reporting. (484 words)
- [AI-enabled portfolio data collection for faster valuations](/content/product-updates/ai-enabled-portfolio-data-collection/index.html): Carta’s new Portfolio Valuations solution is now powered by features that make collecting and standardizing portco data in order to calculate equity value fast and seamless., ,  (341 words)
- [Loan Operations: A Guide for Private Funds](/content/sg/en/learn/private-funds/management/loan-operations/index.html): Learn how loan operations streamline the entire fund lifecycle with precise setup, disbursement, reconciliation, and reporting to strengthen controls and efficiency. (2,019 words)
- [Carta Enables Better LP Communication for M13’s Unique Strategy](/content/customer-stories/m13/index-2.html): M13 is an LA-headquartered venture engine that has over $280 million under management. M13 has built a team of industry-leading operating executives to help founders make better decisions and win in their category. (289 words)
- [What is a Small Business Investment Company (SBIC)?](/content/learn/private-funds/sbic/index.html): In 2024, the number of investors applying to be licensed as Small Business Investment Companies (SBICs) increased by nearly 300%. What is the role of SBICs in the private market, and why are they rapidly growing in popularity among investors? (2,199 words)
- [What is a VC Fund Closing?](/content/learn/private-funds/management/portfolio-management/fund-closing/index.html): Learn what it means to close a venture capital fund, including the different stages and steps. (2,122 words)
- [Understanding Executive Compensation: A Conversation with Carta and Sequoia](/content/events/exec-comp-sequoia/index-2.html): Leaders from Carta and Sequoia discuss executive compensation strategies, covering hiring decisions, data-driven pay practices, and economic uncertainty., Host the world live on your website. (146 words)
- [LLC Funding: How to Fund Your Limited Liability Company](/content/learn/startups/private-companies/llc/funding-llc/index.html): Learn how fundraising works for limited liability companies, including the differences between funding for LLCs vs. corporations, and what types of investors are available. (1,283 words)
- [FA Certification Program - Fund Metrics](/content/events/fa-cp-fund-metrics/index.html): An overview of how to view and track fund metrics in Carta's Fund Administration Certification Program., Host the world live on your website. (162 words)
- [Resources for PE-backed LLCs: Streamline Your Cap Table and Waterfall Model](/content/learn/collections/pe-backed-llc/index.html): Learn how Carta helps private equity-backed LLCs move from disparate data sources to a single source of truth with this collection of educational resources., Efficiently manage and analyze your company's equity with Carta. Seamlessly navigate through detailed views, historical data, and interest holder groups to make informed decisions. (465 words)
- [Privacy Request Center | DataGrail](/content/preferences/privacy/index.html) (174 words)
- [FA Certification Program - Reviewing Capital Calls](/content/events/fa-cp-reviewing-capital-calls/index.html): A walkthrough of how to review capital calls in Carta's Fund Administration Certification Program., Host the world live on your website. (163 words)
- [The Post-Termination Exercise Period (PTEP) for Options Explained](/content/learn/equity/leaving-company/post-termination-exercise-period/index.html): Employees usually have 90 days to buy their options when they leave a job. Learn about the 90-day post-termination exercise period window and why it's changing. (1,437 words)
- [FA Certification Program - Capital Call Workflow](/content/events/fa-cp-requesting-capital-calls/index.html): A walkthrough of the capital call request workflow in Carta's Fund Administration Certification Program., Host the world live on your website. (163 words)
- [State of Private Markets: Q3 Headwinds](/content/events/q3-headwinds/index.html): Carta's Peter Walker and Everywhere Ventures' Jenny Fielding examine Q3's tough fundraising climate, covering valuations, round sizes, and deal dynamics., Host the world live on your website. (100 words)
- [FA Contacts and Permissions](/content/events/fa-cp-contacts-permissions/index.html): A guide to managing fund administration contacts and permissions in Carta., Host the world live on your website. (160 words)
- [How To Get Your VC Fund Audit Ready](/content/events/vc-audit-tax-ready/index.html): Carta shares guidance on preparing VC funds for audit season, helping firms organize finances, documentation, and external partners ahead of year-end., Host the world live on your website. (247 words)
- [Fund Administration - Subsequent Closings/Messaging](/content/events/fa-cp-closings-messaging/index.html): A guide to managing subsequent fund closings and related investor messaging within Carta's Fund Administration platform., Host the world live on your website. (161 words)
- [The Startup Guide to Taxes: Year-End Strategy for Success](/content/events/year-end-tax-strategies/index.html): Carta covers year-end tax strategies for founders and employees, including recent tax law changes, filing requirements, and equity planning guidance., Host the world live on your website. (265 words)
- [FA Certification Program - Requesting Transfers/Submitting General Requests](/content/events/fa-cp-transfers-general-requests/index.html): A walkthrough of how to request transfers and submit general requests in Carta's Fund Administration Certification Program., Host the world live on your website. (164 words)
- [C Corp vs LLC: Key Differences & How to Choose](/content/learn/startups/private-companies/c-corp-vs-llc/index.html): How you incorporate can have huge implications for your startup. Here’s a look at C corp vs. LLC structures, with key differences and examples for each. (2,061 words)
- [SPV Structures: Which One Is Right for You?](/content/events/spv-structures/index.html): A look at SPV structures, comparing hosted master-series and self-managed standalone options to help fund managers choose the right setup for their goals., Host the world live on your website. (275 words)
- [How to manage a sidecar investment vehicle](/content/learn/private-funds/structures/sidecar-vehicle/index.html): Understand what a sidecar investment vehicle is, how to use one to pursue high-conviction deals, and what it takes to manage its lifecycle, economics, and compliance. (2,373 words)
- [FA Certification Program - Reviewing Financials](/content/events/fa-cp-reviewing-financials/index.html): A walkthrough of how to review fund financials within Carta's Fund Administration Certification Program., Host the world live on your website. (162 words)
- [FA Certification Program - Day One Financials](/content/events/fa-cp-day-one-financials/index.html): An overview of day-one financials in Carta's Fund Administration Certification Program., Host the world live on your website. (163 words)
- [FA Certification Program - Bulk Notices and Capital Call Reminders](/content/events/fa-cp-bulk-notices-capital-call-reminders/index.html): A guide to sending bulk notices and capital call reminders within Carta's Fund Administration platform., Host the world live on your website. (166 words)
- [Advisory Boards Unveiled: Elevating Australian Startups to Global Heights](/content/events/elevating-australian-startups/index-2.html): A guide for Australian startup founders on building an advisory board, covering structure, compensation models, and lessons from successful founders., Host the world live on your website. (259 words)
- [HMRC Best Practices: How To Get the Most out of Your Share Plan](/content/events/hmrc-best-practices/index.html): Carta experts explain how UK companies can maximize tax-advantaged share schemes like EMI and CSOP while staying compliant with recent legislative changes., Host the world live on your website. (289 words)
- [Private Equity Compliance: A Framework for Fund Growth](/content/uk/en/learn/private-funds/regulations/compliance/index.html): Learn how to build a strategic private equity compliance program that satisfies regulators, builds investor trust, and supports firm growth. (2,772 words)
- [FA Certification Program - Distributions: Send Wire Instructions Request](/content/events/fa-cp-send-wire-instructions-request/index.html): A guide to submitting wire instruction requests for distributions in Carta's Fund Administration Certification Program., Host the world live on your website. (165 words)
- [First Close: Acing Your Fund Operations Stack](/content/events/acing-your-fund-operations-stack/index.html): Carta's First Close series covers building a strong fund operations stack, from fund accounting and audits to improving LP reporting and relationships., Host the world live on your website. (215 words)
- [Prep for Your Audit: ASC 718 Expense Reporting](/content/events/audit-prep-asc718/index.html): Carta explains ASC 718 expense reporting fundamentals, covering accounting guidelines, calculation methods, and how to automate equity grant expensing., Host the world live on your website. (295 words)
- [What’s New, What's Next: Carta Fund Admin in Q4](/content/events/vc-fundadmin-q4/index.html): Carta's Chief Product Officer and VC leadership team recap 2023's fund admin releases and preview what's coming in the 2024 product roadmap., Host the world live on your website. (287 words)
- [Understanding Private Investment Funds: An Inside Look](/content/uk/en/learn/private-funds/index.html): Private investment funds are the backbone of the private markets. Learn the basics of private funds, including how they’re structured, managed, and regulated. (3,078 words)
- [What happens to stock when a company is bought?](/content/learn/equity/liquidity-events/acquisition/index.html): When your company is acquired, learn what happens to your vested and unvested stock options, and what to look for when you get issued equity. (1,280 words)
- [FA Certification Program - K1 and Tax](/content/events/fa-cp-k1-tax/index.html): An overview of the K-1 and tax process covered in Carta's Fund Administration Certification Program., Host the world live on your website. (163 words)
- [Founder Q&A: A Conversation With Poppy Flowers](/content/events/founder-poppy-flowers/index.html): Poppy Flowers founder Cameron Hardesty shares how she raised seed funding from angels and accelerators to grow her flower company outside Silicon Valley., Host the world live on your website. (271 words)
- [FA Certification Program - Distribution Workflow](/content/events/fa-cp-distribution-workflow/index.html): A walkthrough of the distribution workflow in Carta's Fund Administration Certification Program., Host the world live on your website. (162 words)
- [FA Certification Program - Management Fees](/content/events/fa-cp-management-fees/index.html): A walkthrough of how management fees are handled in Carta's Fund Administration Certification Program., Host the world live on your website. (162 words)
- [FA Certification Program - SOI Approval and Update](/content/events/fa-cp-soi-approval-update/index.html): A walkthrough of the SOI approval and update process in Carta's Fund Administration Certification Program., Host the world live on your website. (164 words)
- [Audit-Ready Expense Reporting: The Fundamentals of Share-Based Payments](/content/events/share-based-payments/index.html): Carta's Ryan Turley breaks down share-based payment expense reporting fundamentals, including fair value calculations and audit preparation tips., Host the world live on your website. (220 words)
- [What’s New, What's Next: Equity Management for LLCs](/content/events/llc-equity-management/index.html): Carta shares the latest LLC equity management updates, including a new Waterfall Modeling tool, plus an early look at the 2024 product roadmap., Host the world live on your website. (230 words)
- [Corporate Transparency Act: What Business Owners Need to Know](/content/events/corps-transparency-act/index.html): Carta and FinCEN experts explain Corporate Transparency Act beneficial ownership reporting requirements, key compliance dates, and common questions., Host the world live on your website. (158 words)
- [Private Equity vs. Public Equity: How to Value a Job Offer](/content/learn/equity/private-company-equity/index.html): Job offers often include base salary, bonuses, stipends, and shares. Here's how to value a compensation package including private equity or public equity. (1,397 words)
- [First Close: Optimising for Your First Close](/content/events/optimising-for-your-first-close/index.html): Carta's First Close series covers how to execute a smooth fund closing, from investor onboarding and banking arrangements to LP communication., Host the world live on your website. (162 words)
- [State of Compensation: 2024 Outlook](/content/events/2024-comp-outlook/index.html): Carta and industry leaders discuss the 2024 hiring and compensation outlook, drawing on Carta's H2 2023 State of Startup Compensation report., Host the world live on your website. (306 words)
- [Navigating Opportunities: State of Venture in the Middle East](/content/events/state-of-venture-middle-east/index.html): Industry experts discuss venture capital trends across the Middle East, spotlighting the UAE's growing ecosystem, including Abu Dhabi Global Market and Dubai., Host the world live on your website. (93 words)
- [How Did 2023 Change Valuations?](/content/events/how-did-2023-change-valuations/index.html): Carta's valuation experts review how 2023 reshaped startup valuations, comparing fundraising and equity compensation trends heading into 2024., Host the world live on your website. (299 words)
- [Corporate Transparency Act: Simplify Filing With Carta](/content/events/cta-simplify-filing/index.html): Carta introduces a new product to simplify Corporate Transparency Act compliance for newly incorporated companies, featuring an overview, demo, and Q&A., Host the world live on your website. (112 words)
- [State of Private Markets: 2024 Predictions](/content/events/2024-predictions/index.html): Carta's Peter Walker reviews 2023's startup fundraising trends, covering valuations, dilution, and deal velocity from seed through Series F, plus 2024 predictions., Host the world live on your website. (221 words)
- [First Close: Formations](/content/events/first-close-formations/index.html): Carta's First Close series covers essentials for launching a UK/EU venture fund, from legal structures and LP negotiations to operational costs., Host the world live on your website. (343 words)
- [Limited Liability Companies (LLC) Collection | Carta](/content/learn/collections/llc/index.html): Explore expert-written articles, guides, and tools to help you form a limited liability company, fundraise, navigate taxes, manage equity, and everything in between. (342 words)
- [Suspicious Activity Reports (SARs): A Guide for Fund Compliance](/content/learn/private-funds/regulations/compliance/sar/index.html): Learn what SARs are, when you need to file one, what to include in it, and how to build SAR procedures into your fund’s compliance workflow. (2,564 words)
- [Investor Onboarding: How to Streamline the Onboarding Process](/content/uk/en/learn/private-funds/management/fund-administration/investor-onboarding/index.html): Learn about the investor onboarding process, including the documents to collect, the compliance requirements to meet, and how to build a workflow that scales. (2,357 words)
- [Best Practices: EOY Tax & Audit Planning](/content/events/eoy-audit-tax-planning/index.html): Executives from Carta and Rho share best practices for end-of-year tax and audit planning, including internal prep and stakeholder alignment., Host the world live on your website. (225 words)
- [What’s New, What’s Next: Carta Fund Admin in Q1 (2024)](/content/events/fund-admin-24q1/index.html): Carta's Director of Product Alex Legault and the fund admin team recap recent releases and walk through the year's product roadmap., Host the world live on your website. (267 words)
- [State of Private Markets: Q1 Venture Spring?](/content/events/q1-venture-spring/index.html): Carta's Peter Walker and Harlem Capital's Nicole DeTommaso review Q1 venture capital trends, highlighting early positive signals amid a slow quarter., Host the world live on your website. (222 words)
- [Navigating the Corporate Transparency Act as a LatAm Based Business Owner](/content/events/cta-latam/index-2.html): Experts explain Corporate Transparency Act compliance for LatAm founders with US entities, covering reporting requirements and Carta's compliance solution., Host the world live on your website. (196 words)
- [First Close: From Managing SPV’s to Launching a Fund](/content/events/managing-spvs-to-launching-a-fund/index-2.html): Carta's First Close series covers transitioning from managing SPVs to launching your first fund, including operations and LP management tips., Host the world live on your website. (168 words)
- [Emerging Trends & Key Insights for Asset Allocators](/content/events/trends-insights-for-asset-allocators/index-2.html): Leaders from Withers, EY, and Carta explore APAC fundraising trends, emerging commercial terms, and evolving LP-GP dynamics and exit strategies., Host the world live on your website. (175 words)
- [Equity Essentials: Making the Leap From Seed to Series A](/content/events/seed-to-series-a/index.html): VC investors share what it takes to raise a Series A, covering the qualities investors look for and why a clean cap table matters before fundraising., Host the world live on your website. (304 words)
- [Startup Fundraising 101: Building Strategic Partnerships](/content/events/fundraising-101-strategic-partnerships/index.html): Carta's Shubhi Nigam and Pear VC's Arpan Shah discuss building investor relationships and a strategic media presence ahead of your fundraise., Host the world live on your website. (246 words)
- [Startup Fundraising 101: Mastering Fundraising Strategy](/content/events/fundraising-101-fundraising-strategy/index.html): Carta's Natasha Arora and Heather Hartnett discuss crafting a fundraising strategy tied to business milestones, using scenario modeling and SAFEs., Host the world live on your website. (242 words)
- [IPO Readiness: Process & Checklist](/content/learn/startups/exit-strategies/ipo/readiness/index.html): Preparing for an IPO can feel like stepping into the unknown. This article covers everything you need to know before, during, and after an IPO—so you can go public with confidence. (2,525 words)
- [Business Guide to Taxes: Expiring Tax Incentives](/content/events/expiring-tax-incentives/index.html): Tax experts break down expiring tax incentives affecting corporations and passthrough businesses, with strategies for adapting to the changing landscape., Host the world live on your website. (332 words)
- [What’s New, What’s Next: Carta Fund Admin in Q2](/content/events/fund-admin-24q2/index.html): Carta's R&D team recaps the latest Q2 fund administration product updates and previews upcoming features arriving in Q3., Host the world live on your website. (254 words)
- [Policy Briefing: What Does the UK Election Mean for VC?](/content/events/uk-election-vc/index.html): Carta's policy experts break down how the UK election could reshape venture capital, from carried interest rules to non-dom tax regime changes., Host the world live on your website. (284 words)
- [Carta | NYSE: Getting Your Company IPO Ready](/content/events/getting-ipo-ready/index.html): Carta COO Tom Keiser and NYSE's Michael Harris discuss IPO paths, timing, vendor prep, and what management teams should do now to get IPO ready., Host the world live on your website. (333 words)
- [The Startup Guide to UK Fundraising: EIS and SEIS](/content/events/uk-fundraising-eis-seis/index.html): A panel explains the UK's SEIS and EIS investment schemes, covering pre-seed and seed round sizes, fundraising tips, and raising funding with Carta., Host the world live on your website. (275 words)
- [Deep Dive: European Data Insights](/content/events/deep-dive-eu-data-insights/index.html): Carta and industry experts explore European venture capital trends, including early-stage deal dynamics, later-stage capital flows, and lessons from the US market., Host the world live on your website. (101 words)
- [What’s New & What’s Next: Carta Alternative Assets Product Updates in Q2](/content/events/alternative-assets-24q2/index.html): Carta introduces PE Firm Overview, a new alternative assets product giving centralized access to portfolio company cap tables and waterfalls., Host the world live on your website. (207 words)
- [Startups are renewing their embrace of tender offers in 2024](/content/data/tender-offers-q3-2024/index.html): The number of new tender offers administered by Carta has now increased in five of the past six quarters. That includes Q3, which saw 26 new tender offers—the highest quarterly total since the boom times of 2022.  (1,383 words)
- [Pre-Seed Fundraising: Fresh Data from Q2 2024](/content/events/fresh-data-from-24q2/index.html): Carta's Peter Walker joins Antler and Hustle Fund to break down Q2 2024 SAFE and Note data, covering valuation caps, raise amounts, and terms., Host the world live on your website. (278 words)
- [Special Purpose Acquisition Company (SPAC) Explained](/content/learn/startups/exit-strategies/ipo/spac/index.html): Learn what a SPAC is, how the deal process works, and how a special purpose acquisition company merger differs from a traditional IPO. (1,007 words)
- [[Bonus Event] Startup Fundraising 101: Close Your Priced Round with Confidence](/content/events/fundraising-101-priced-round/index-2.html): Carta and startup leaders explain how to model SAFE conversions, collaborate with legal teams, and close a priced funding round on time and confidently., Host the world live on your website. (261 words)
- [Forecasting Employee Compensation Accurately](/content/events/forecasting-employee-compensation-accurately/index.html): Carta Product Manager Patricia Vargas demonstrates the Manage Employees hub for forecasting new hire and refresh grants and their impact on the equity pool., Host the world live on your website. (101 words)
- [Startup Compensation in 2024](/content/events/startup-compensation-2024/index.html): A look at 2024 startup compensation trends, covering salary growth, equity packages, hiring pace, and how pay compares across major US markets., Host the world live on your website. (290 words)
- [VC Fund Performance: New Benchmarks for 2024](/content/events/vc-fund-performance-2024/index.html): Carta's Peter Walker and Sapphire Partners' Beezer Clarkson discuss new VC fund performance benchmarks like IRR, TVPI, and DPI for emerging managers., Host the world live on your website. (141 words)
- [Startup Fundraising 101: Post-funding Success](/content/events/fundraising-101-post-funding/index.html): Carta's Natasha Arora and leaders from Cowboy Ventures, Vouch, and Nile close out the Fundraising 101 series with tips for succeeding after funding., Host the world live on your website. (269 words)
- [Founders Guide to Board Management](/content/events/founders-board-management-2024/index.html): Carta CEO Henry Ward, Edward Norton of Zeck, and Katie Jacobs Stanton of Moxxie Ventures share tips on board composition and communication for founders., Host the world live on your website. (347 words)
- [Best Practices: How to Prepare for Year-End (Audit & Tax)](/content/events/year-end-audit-tax/index.html): Carta and BDO leaders share how funds can prepare for year-end audit and tax season, covering deadlines, documentation, and choosing the right partners., Host the world live on your website. (323 words)
- [Preparing for EOY: Get Ahead of Your Next Audit](/content/events/preparing-for-eoy/index.html): An experienced audit partner shares best practices for year-end audit prep, from selecting auditors to streamlining documentation and internal reviews., Host the world live on your website. (272 words)
- [Making Audits Easy: How to Streamline Your Fund’s Audit ](/content/events/making-audits-easy/index.html): How is your 2026 audit going? How can you make this your most seamless season yet?, Host the world live on your website. (324 words)
- [2024 Fund Performance Data: A European Perspective](/content/events/fund-performance-eu-2024/index.html): A data-driven look at European VC fund performance, covering capital deployment pace, seed-to-Series-A graduation rates, and LP distributions., Host the world live on your website. (176 words)
- [Policy Playbook: How the 2024 Election Could Shape Private Market Policy](/content/events/how-24election-could-shape-pm-policy/index.html): Carta's Policy team previews how the 2024 elections could shape tax reform and private market regulation, and how funds and small businesses can adapt., Host the world live on your website. (279 words)
- [Essential Tools for Startup Success: Elevate Your Compensation Strategy](/content/events/essential-tools-compensation-strategy/index.html): Rippling's Darcy Mackay and Carta's Josh Steinfeld share 2025 hiring outlook and compensation planning strategies, including how to use market data., Host the world live on your website. (179 words)
- [Essential Tools for Startup Success: Equity Management](/content/events/essential-tools-equity-management/index.html): Carta's Shubhi Nigam and customer Brett Humphrey of Mivien Labs guide founders through choosing the right cap table provider and avoiding common mistakes., Host the world live on your website. (163 words)
- [GP Secrets: Fundraising & Investing in the Middle East & Asia Pacific](/content/events/cross-regional-fund-strategies/index.html): Fund managers from APAC and the Middle East share strategies for fundraising, investing, and expanding into these fast-growing venture markets., Host the world live on your website. (324 words)
- [Policy Outlook 2025: Implications for the Private Capital Ecosystem](/content/events/policy-outlook-2025/index.html): TechNet's Carl Holshouser and Carta's Policy Team discuss the new administration's 2025 policy agenda and its impact on venture capital and startups., Host the world live on your website. (356 words)
- [FA Certification Program - Downloading SOC Reports](/content/events/fa-certification-program-downloading-soc-reports/index.html): A guide to downloading SOC reports within Carta's Fund Administration Certification Program., Host the world live on your website. (163 words)
- [FA Certification Program - Scenario Modeling Overview](/content/events/fa-certification-program-scenario-modeling-overview.html): An overview of scenario modeling tools available in Carta's Fund Administration Certification Program., Host the world live on your website. (163 words)
- [What’s New, What's Next: Carta Fund Admin in Q3](/content/events/fund-admin-24q3/index.html): Carta's Fund Administration product leaders recap Q3 releases like the LP Dashboard and GP Portal, and preview the roadmap for the rest of the year., Host the world live on your website. (294 words)
- [Best Practices: Planning for a Successful Year End](/content/events/uk-year-end-planning/index-2.html): Carta, BDO, RSM, and Future Business Partnership share internal prep strategies for a smooth, stress-free year-end audit and tax season for funds., Host the world live on your website. (168 words)
- [FA Certification Program: Fund Tax Process](/content/events/fa-certification-program-fund-tax-process/index.html): An overview of the fund tax process covered in Carta's Fund Administration Certification Program., Host the world live on your website. (162 words)
- [Healthcare and Life Sciences: Growth and Funding Insights](/content/events/hcls-insights/index.html): Symphonic Capital's Sydney Thomas and Carta's Hamza Shad cover fundraising, valuation, hiring, and compensation trends for healthcare and life sciences startups., Host the world live on your website. (305 words)
- [FA Certification Program: Auditor Portal Overview](/content/events/fa-certification-program-auditor-portal-overview/index.html): An overview of the auditor portal within Carta's Fund Administration Certification Program., Host the world live on your website. (162 words)
- [What’s New, What’s Next: Carta Fund Admin in Q4](/content/events/fund-admin-24q4/index.html): Carta CPO Vrushali Paunikar and the Fund Administration team recap 2024's product releases, including Fund Forecasting, and preview the 2025 roadmap., Host the world live on your website. (315 words)
- [The Corporate Transparency Act: Reporting & Compliance](/content/learn/startups/private-companies/corporate-transparency-act/index.html): Learn about the Corporate Transparency Act (CTA) for private companies, including reporting requirements, filing penalties, and possible exemptions. Download a free compliance checklist to get started. (1,347 words)
- [Founder’s Journey 101: Laying the Groundwork](/content/events/founders-journey-101-groundwork/index.html): Founders Joe Carney and Robert Wolfe cover early-stage decisions from pre-seed to Series A, including product-market fit, fundraising, and investor relations., Host the world live on your website. (300 words)
- [Essential Tools for Startup Success: QSBS Attestation](/content/events/essential-tools-qsbs/index.html): Carta experts and customer Avisi Technologies explain QSBS tax benefits, eligibility requirements, and how Carta's Attestation tool helps shareholders save., Host the world live on your website. (355 words)
- [Looking Forward: A Glimpse into the Future of Fund Waterfall Management](/content/events/fund-waterfall-management/index.html): A preview of Carta's latest fund waterfall management innovation, exploring the vision and early software connecting private capital workflows., Host the world live on your website. (247 words)
- [Shaping the Future of Venture Capital: Women in VC](/content/events/women-in-vc/index.html): VamosVentures' Ashley Ryder, Global Ventures' Medea Nocentini, and Carta's Megan Greer share career lessons and views on the future of venture capital., Host the world live on your website. (299 words)
- [Singapore The Global Hub: 2025 Regulatory and Tax Changes for Fund Managers](/content/events/singapore-2025-regulatory-tax/index.html): Tax, audit, and legal experts break down Singapore's 2025 regulatory and tax changes for fund managers, and how to navigate compliance risks., Host the world live on your website. (298 words)
- [State of Private Markets: End of Year Predictions](/content/events/sopm-eoy-predictions/index.html): Carta's Peter Walker and Ashley Neville review Q3 private market trends, including AI's continued momentum and differences by stage, location, and sector., Host the world live on your website. (231 words)
- [Exits that Win: What Works, What Doesn’t, and How Fund Managers Quarterback Exits](/content/events/exits-that-win/index.html): Carta's panel of M&A and exit-readiness experts covers timing exits, key pre-exit metrics, due diligence prep, and choosing between M&A and IPO paths for fund managers., Host the world live on your website. (343 words)
- [Tax information | support.carta.com](/content/support/kb/en/tax-information-430396/index.html): How to schedule your tax advisory session, How to file 83(b) elections, Where do I find my tax information?, How to access your tax documents on the Android mobile app, How to access your tax documents on the iOS mobile app, How to complete your 83(b) election through the IRS online portal (183 words)
- [Founder’s Journey 101: Scaling for Impact in Australia](/content/events/founders-journey-australia/index.html): Growth-stage founders learn how to scale in the Australian market, covering investor metrics, fundraising strategies, hiring, and compliance challenges., Host the world live on your website. (273 words)
- [Shaping the Future of Venture Capital: Women in VC (Replay)](/content/events/women-in-vc-replay/index.html): Women in VC from VamosVentures, Global Ventures, and Carta share their career journeys, lessons learned, and perspectives on the VC industry's future., Host the world live on your website. (299 words)
- [sg/en/learn/private-funds/structures/spv/angel-syndicates/index.html](/content/sg/en/learn/private-funds/structures/spv/angel-syndicates/index.html) (2,964 words)
- [IPO Readiness in 2025: Market Signals, Timing, and Looking Ahead](/content/events/ipo-readiness-in-2025/index.html): Morgan Stanley and Carta leaders discuss market dynamics shaping IPO strategy in 2025, covering signals, timing, and building flexibility into IPO plans., Host the world live on your website. (331 words)
- [What's New, What's Next: Building Connected Fund Admin](/content/events/fund-admin-25-q2/index.html): Carta's product team previews new features for streamlining financial operations, carried interest transparency, and portfolio performance visibility., Host the world live on your website. (137 words)
- [Founder's Journey 101: Accelerating Growth](/content/events/founders-journey-101-growth/index.html): Nomagic's Kacper Nowicki and Carta's Shubhi Nigam share growth metrics, Series B-D fundraising strategies, and tips for building high-performing teams., Host the world live on your website. (296 words)
- [Private Equity Investment Strategies: 5 Key Approaches](/content/learn/private-funds/private-equity/strategies/index.html): Learn how PE sponsors use various private equity investment strategies, including growth equity, buyouts, private credit and secondaries, to optimize returns and manage risk. (2,356 words)
- [Tariff Turmoil: Implications for Private Capital](/content/events/tariff-implications-private-capital/index.html): Experts from Gilgamesh Ventures, Freshfields, and Carta discuss how tariff policy is reshaping private markets and how funds can navigate the fluid environment., Host the world live on your website. (309 words)
- [Fund Forecasting Live Demo: How to Make Data-Driven Fund Decisions](/content/events/data-driven-decisions-fund-forecasting/index.html): Carta's Fund Forecasting tool integrates real-time cap table and fund admin data into dynamic models, with a live demo and insights from Active Impact Investments., Host the world live on your website. (364 words)
- [Private Equity Portfolio Companies & Funds: Connecting the Dots for the Audit Cycle](/content/events/portcos-funds-audit-cycle/index-2.html): Carta and Citrin Cooperman explain how PE funds and portfolio companies align on financial reporting, valuations, and audit processes each cycle., Host the world live on your website. (173 words)
- [VC Masterclass: Designing a Fund Thesis](/content/events/vc-masterclass-fund-thesis/index.html): This VC Masterclass session explains how venture investors design and communicate their fund's investment thesis., Host the world live on your website. (133 words)
- [Smarter Compensation: Retain Talent & Run Lean](/content/events/smarter-compensation-2025/index-2.html): A virtual event on building compensation strategies that retain talent while managing equity, cash burn, and hiring budgets in a cautious market., Host the world live on your website. (191 words)
- [PE Executive Equity: Data-Backed Insights](/content/events/pe-executive-equity-2025/index.html): Carta's Insights team shares findings on executive equity compensation at PE-backed portfolio companies, covering grants, vesting, and performance conditions., Host the world live on your website. (215 words)
- [VC Fund Performance in 2024](/content/events/fund-performance-in-2024/index.html): Carta's Peter Walker, Homebrew's Hunter Walk, and Screendoor's Jamie Rhode discuss 2024 VC fund performance data, including IRR, TVPI, and DPI trends., Host the world live on your website. (234 words)
- [Tax Season Recap & What’s Next for Startup Taxes](/content/events/2025-tax-season/index.html): Carta's tax experts recap the 2025 tax season, covering common startup mistakes, upcoming policy changes, and how QSBS supports founder tax savings., Host the world live on your website. (319 words)
- [What’s New, What’s Next: The Future of Visibility and Control in Fund Accounting](/content/events/fund-admin-25-q3/index.html): Carta previews new Entity Maps, middle-office automation, and bank integrations aimed at improving visibility and control in fund accounting., Host the world live on your website. (260 words)
- [Transform Tax Savings into Startup Growth with QSBS](/content/events/transform-tax-with-qsbs/index.html): Carta and startup leaders explain how QSBS can deliver up to $15M in tax-free gains for founders and early employees when used strategically., Host the world live on your website. (382 words)
- [Driving Operational Speed, Accuracy, and Scale Through Integrated Fund Admin Workflows](/content/events/new-standard-fund-admin/index.html): Carta and VCFA Group leaders discuss how integrated fund admin workflows are driving operational speed, accuracy, and scale for fund managers., Host the world live on your website. (333 words)
- [How to Construct Your Fund for Long-Term Success](/content/events/fund-construction-masterclass/index-2.html): Fund managers from Cambridge Future Tech, Moonfire, AQVC, and Carta share a masterclass on fund construction, scenario planning, and modeling with Fund Forecasting., Host the world live on your website. (180 words)
- [How to Start a Private Equity Firm](/content/learn/private-funds/private-equity/start-pe-firm/index.html): Learn how to start a private equity firm—from defining your investment strategy to raising capital and conducting a first close.
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- [Cayman Islands KYC/AML Requirements](/content/learn/private-funds/regulations/aml-kyc/cayman-islands/index.html): This article covers what you need to know about anti-money laundering (AML) and know your customer (KYC) requirements for funds in the Cayman Islands. (896 words)
- [What is Value Creation? From Portfolio Strategy to Reporting](/content/learn/private-funds/private-equity/strategies/value-creation/index.html): Learn about the private equity value creation process, including building a strategic plan, executing on growth levers, and connecting portco performance with fund-level returns. (2,547 words)
- [Unlock Fast, Audit-Defensible Portfolio Valuations](/content/events/audit-defensible-portfolio-valuations/index.html): Carta CEO Henry Ward and Product Lead Sharanya Venkat unveil Portfolio Valuations, a solution for faster, audit-defensible private market valuations., Host the world live on your website. (356 words)
- [Tax Ready, Already: A New Standard for Fund Taxes, Powered by AI](/content/events/tax-ready-already/index.html): Carta CEO Henry Ward and DataTribe's CFO discuss how AI is reshaping fund tax operations to create a faster, more seamless annual tax season., Host the world live on your website. (374 words)
- [VC Masterclass: Sourcing and Nurturing LP Relationships](/content/events/vc-masterclass-lp-relationships/index.html): This VC Masterclass session covers strategies for identifying, pitching, and building long-term relationships with limited partners., Host the world live on your website. (363 words)
- [Founder’s Journey 101: Preparing for a Strategic Exit](/content/events/founders-journey-101-exit/index.html): Founders and Carta experts discuss liquidity readiness, tax-smart planning, and leadership evolution in the third session of the Founder's Journey series., Host the world live on your website. (304 words)
- [Startup Compensation in H1 2025](/content/events/startup-compensation-h1-2025/index.html): A conversation on how startup compensation has shifted since 2021, covering hiring trends, functional pay differences, and regional pay comparisons., Host the world live on your website. (292 words)
- [Unlock Firm Insights and Clarity with Carta’s Data Warehouse](/content/events/carta-data-warehouse/index.html): Carta CEO Henry Ward and Product Manager Annette Faynburd introduce the Data Warehouse, giving CFOs and GPs no-code querying and benchmarking tools., Host the world live on your website. (191 words)
- [uk/en/solutions/incorporation/index.html](/content/uk/en/solutions/incorporation/index.html) (263 words)
- [PE Compensation Series with Davis Polk & Ownership Works: The Power of Broad-Based Ownership in Private Equity](/content/events/pe-compensation-series-broad-based-ownership/index.html): Carta and Davis Polk experts, with Ownership Works, discuss how broad-based equity ownership programs drive alignment and retention at PE firms., Host the world live on your website. (295 words)
- [Navigating the New QSBS to Maximize VC Gains](/content/events/qsbs-vc-gains/index-2.html): Carta experts and Mintaka VC's Reed McBride explain how the new QSBS rules raise gains caps to $15M and what it means for VC tax planning and portfolio companies., Host the world live on your website. (221 words)
- [How to Map Your Investment Structures with Carta](/content/events/carta-entity-map/index.html): Carta's CEO and product team introduce Entity Map, a new visualization tool helping GPs and finance teams track complex fund and entity relationships., Host the world live on your website. (305 words)
- [VC Masterclass: Setting a Target Fund Size](/content/events/vc-masterclass-fund-size/index.html): This VC Masterclass session covers how to set a target fund size and the operational considerations that shape a fund's performance., Host the world live on your website. (157 words)
- [Q2 Venture Capital Review: Startup Rebound?](/content/events/25q2-venture-capital-review/index.html): Lightspeed's Mercedes Bent and Carta's Ashley Neville break down Q2 2025 fundraising, dilution, and exit data to gauge startup optimism., Host the world live on your website. (77 words)
- [LLC Operating Agreement: What to Include](/content/learn/startups/private-companies/llc/documents/operating-agreement/index.html): An LLC operating agreement outlines the ownership and corporate governance of a limited liability company. Learn what to include in your LLC's agreement. (1,086 words)
- [The 2026 Comp Playbook: Precision Budgeting, AI Skills, and Data-Driven Hiring](/content/events/compensation-playbook-2026/index.html): Business leaders and a Carta product expert share tactics for precision compensation budgeting, pricing AI skills, and using data to guide 2026 hiring decisions., Host the world live on your website. (405 words)
- [The Liquidity Blueprint: How Secondaries Are Shaping Africa’s Private Markets](/content/events/liquidity-blueprint-for-africa/index.html): Founders and investors discuss how tender offers and secondaries are becoming a sustainable pillar of long-term value creation in Africa's private markets., Host the world live on your website. (274 words)
- [The Modern Audit Playbook: Roles, Valuations, and Platform Power](/content/events/2025-audit-playbook/index.html): Audit and valuation experts share a practical guide to 2025 audit readiness, covering stakeholder collaboration, documentation, and common valuation pitfalls., Host the world live on your website. (307 words)
- [FA Certification Program](/content/events/fa-certification-program/index.html): Carta's free FA Certification Program offers video training modules on the fund administration platform, covering capital calls, financials, tax, and more. (396 words)
- [Inside Carta FA: Driving Efficiency in Fund Operations and Investor Relations](/content/events/inside_carta_fund_admin/index.html): Carta leaders walk through the Fund Administration platform's capital call workflows, portfolio visualization, and investor relationship tools for modern fund managers., Host the world live on your website. (311 words)
- [A VC & Founder’s Journey from Fundraising to Strategic Partnership](/content/events/vc-founder-partnership/index.html): A VC and founder share candid insights on building a lasting partnership after fundraising, covering data sharing, trust, and investor communication., Host the world live on your website. (146 words)
- [Startup Taxes 101: Tax Essentials for Every Founder](/content/events/startup-taxes-101-essentials/index.html): The first session in Carta's startup tax series covers tax basics, entity setup, equity compensation types, and key deadlines for first-time founders., Host the world live on your website. (213 words)
- [AML, CTF and KYC: The Fund Operations Mandate](/content/uk/en/learn/private-funds/regulations/aml-kyc/index.html): This article explains the core anti-money laundering and counter-terrorist financing  regulations, as well as the importance of establishing a robust AML and CTF programme to protect your fund from the consequences of non-compliance. (2,566 words)
- [What are the most common structures for portfolio company equity in PE? ](/content/data/pe-portco-equity-structures-2024/index.html): Equity vesting schedules vary widely in PE-backed companies based on structure. Learn how corporations and LLCs approach equity grants, cliffs, and timelines. (1,038 words)
- [State of Private Markets, Q3 2023 | Carta](/content/data/state-of-private-markets-q3-2023/index.html): The downturn that has defined the venture capital industry for much of the past two years continued in the third quarter of 2023. (722 words)
- [VC Fund Performance Q1 2025 (Virtual Event)](/content/events/vc-fund-performance-2025-q1/index.html): Carta's Peter Walker reviews Q1 2025 VC fund performance data, including IRR, TVPI, and DPI trends from over 2,500 US venture funds., Host the world live on your website. (68 words)
- [Beyond the Spreadsheets: Achieve Clarity with LP Portfolio Analytics](/content/events/clarity-lp-portfolio-analytics/index.html): Carta CEO Henry Ward introduces LP Portfolio Analytics, powered by its Accelex acquisition, giving institutional LPs automated data aggregation and portfolio insights., Host the world live on your website. (375 words)
- [Tender Offers 101](/content/events/tender-offers-101/index.html): Carta's Peter Walker and industry experts explain how tender offers let employees monetize equity before an exit while reducing dilution., Host the world live on your website. (95 words)
- [Leveraged Buyout (LBO): Definition & Process](/content/learn/startups/exit-strategies/mergers-acquisitions/leveraged-buyout/index.html): In this guide, learn how leveraged buyouts work and the steps required to complete these complex financial transactions. (1,353 words)
- [Private Equity Fund Structure: Diagram & How to Structure a PE Fund](/content/learn/private-funds/private-equity/pe-fund-structures/index.html): Understand the most common entity structure for private equity firms and their funds—the limited partnership—including key legal and tax implications of this type of PE fund structure. (1,545 words)
- [VC Fund Performance: 2024](/content/uk/en/data/vc-fund-performance-q4-2024/index.html): The boom times of 2022 have come to an end. The LP base has downsized, anchor checks have shrunk, and venture fund managers are adapting to a new reality. Carta has all the data on performance, including IRR, DPI, TVPI, and more. (1,038 words)
- [VC Fund Performance 2025](/content/events/fund-performance-2025/index.html): Carta's Peter Walker analyzes 2025 VC fund performance data, including IRR, TVPI, and DPI trends from over 2,700 US venture funds., Host the world live on your website. (219 words)
- [Driving Fund Decisions with Visual Accounting](/content/events/fund-decisions-visual-accounting/index.html): Carta CEO Henry Ward and Sahas Singh introduce Visual Accounting, an interactive operating surface built on the Entity Map for tracking fund waterfalls., Host the world live on your website. (421 words)
- [From Paper to Portfolio: The Executive’s IPO Playbook to Shift from Private‑to‑Public](/content/events/executive-ipo-playbook-with-morgan-stanley/index.html): Carta and Morgan Stanley experts discuss the executive's IPO playbook, covering tax obligations, 10b5-1 trading plans, and portfolio diversification., Host the world live on your website. (631 words)
- [Introducing Carta's Plugins for Claude](/content/events/carta-plugins-for-claude/index-2.html): Carta introduces plugins for Claude, giving fund managers a way to query live fund data and metrics directly through natural-language AI conversations., Host the world live on your website. (284 words)
- [Startup Taxes 101: Strategies for Navigating Equity and Startup Growth](/content/events/startup-taxes-101-equity-growth/index.html): Part two of Carta's startup tax series covers long-term equity strategy, 83(b) elections, QSBS timing, and tax prep for due diligence and eventual exits., Host the world live on your website. (368 words)
- [Form PF: Filing Instructions & Requirements](/content/learn/private-funds/regulations/form-pf/index.html): Form PF is a regulatory filing required of all SEC-registered private fund advisers with at least $150 million in assets under management. (690 words)
- [The Non-Dilutive Capital Stack](/content/events/non-dilutive-capital-stack/index-2.html): Founders and lenders discuss how capital-intensive tech companies build non-dilutive capital stacks, from venture debt to credit readiness., Host the world live on your website. (231 words)
- [Cayman Sandwich structures: Guide for startups in Latin America](/content/learn/startups/private-companies/incorporation/cayman-sandwich/index.html): This article details the origins, structure, and advantages of the Cayman Sandwich, a popular corporate structure for LatAm startups seeking international venture capital.
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- [Institutional Investors: Who They Are & How They Allocate](/content/uk/en/learn/private-funds/structures/institutional-investors/index.html): Institutional investors are the primary source of capital for private investment funds. Learn the different types of institutional LPs, how they conduct due diligence, and the operational standards required to build lasting relationships with them. (1,782 words)
- [Registered Investment Adviser (RIA): Definition & Requirements](/content/uk/en/learn/private-funds/regulations/registered-investment-adviser/index.html): A registered investment adviser (RIA) is anyone whose work in the financial sector requires them to register with the SEC or a state securities authority.  (1,530 words)
- [PE Executive Equity Report](/content/data/pe-executive-equity-2025-full-report/index.html): Data from more than 1,500 corporations and 500 LLCs that are backed by private equity firms sheds new light on how equity compensation works within the multitrillion-dollar industry. (2,479 words)
- [VC Masterclass: Navigating Liquidity and LP Communication in 2026](/content/events/vc-masterclass-liquidity-lp-communication/index.html): Carta, Hannah Grey, and Kline Hill Partners discuss 2025 fund performance, liquidity strategy, and LP communication in a constrained exit environment., Host the world live on your website. (244 words)
- [Cap Tables and Dilution for Startup Founders](/content/events/cap-tables-for-startup-founders/index.html): Carta, shipshape.vc, and Goodwin break down real funding scenarios, covering term sheets, valuations, option pools, and founder equity decisions., Host the world live on your website. (293 words)
- [PE Compensation Series with Davis Polk, Part 3: Management Rollovers and Incentive Equity Structures for Portfolio Companies](/content/events/pe-compensation-series-rollovers-incentive-equity/index.html): Davis Polk and Carta experts dive into management equity rollovers, incentive pool structures, and vesting terms in private-equity-backed deals., Host the world live on your website. (423 words)
- [How DiCaprio-backed SolarMente Uses Carta SAFEs to Leverage Opportunities](/content/customer-stories/solarmente/index.html): SolarMente empowers homeowners in Spain to make their own electricity with bundled solar equipment and software subscriptions. (781 words)
- [From 409As to SAFEs, Double A Labs Uses Carta to Scale](/content/customer-stories/double-a-labs/index.html): Austin-based Double A Labs is bringing the metaverse to the corporate universe by allowing companies to create their own virtual worlds where employees can collaborate. (676 words)
- [Congress, Compliance & Venture Capital: A Fund Manager's Guide to the Shifting Policy Landscape](/content/events/congress-compliance-venture-capital/index-2.html): Policy experts discuss how shifting capital formation and AI regulations, including the INVEST Act and SEC agenda, affect fund managers and portfolios., Host the world live on your website. (180 words)
- [Operational Due Diligence: The Fund Manager's ODD Checklist](/content/learn/private-funds/management/fund-administration/operational-due-diligence/index.html): Understand the core components of operational due diligence for private funds, including how institutional investors evaluate your back-office infrastructure and compliance protocols to turn your next audit into an advantage. (1,133 words)
- [Responsible Disclosure Policy | Legal Hub](/content/security/responsible-disclosure-policy/index.html): At Carta we are committed to keeping our customers’ data secure and private. We take security seriously and to demonstrate that security is a priority to us we ensure that our Responsible Disclosure Policy allows the independent security researchers an opportunity to engage with us and notify us of potential security threats impacting the safety of our customers’ data., Bugcrowd's bug bounty and vulnerability disclosure platform connects the global security researcher community with your business. Crowdsourced security testing, a better approach! Run your bug bounty programs with us. (702 words)
- [Venture Capital Regulations: What You Need to Know](/content/uk/en/learn/private-funds/regulations/index.html): The SEC regulates most aspects of venture capital funds and fund managers. Learn more about private fund regulation requirements to remain compliant. (1,610 words)
- [Driving Digital Transformation in the Middle Office](/content/events/digital-transformation-middle-office/index.html): Carta explains how digitizing middle-office workflows can turn manual portfolio monitoring, valuations, and reporting into a competitive, data-driven advantage., Host the world live on your website. (369 words)
- [Founder Insights on the New Era of Software as an Action](/content/events/modern-stack-founder-insights/index-2.html): Carta's VP of Product and a panel of founders discuss how agentic AI is transforming legal, accounting, and board services for the modern professional stack., Host the world live on your website. (282 words)
- [Private Equity (PE) Collection | Carta](/content/learn/collections/private-equity/index.html): Explore expert-written articles, guides, and tools to help you start a private equity firm, close your first fund, understand portco equity, and everything in between. (546 words)
- [Running a Smarter Fund with AI: From Fund Data to Faster Decisions](/content/events/smarter-fund-with-ai/index.html): Carta leaders demo how AI is reshaping fund operations, from back-office workflows to investment decisions, including Carta's new Claude plugins., Host the world live on your website. (434 words)
- [What is an SPV? Definition, Benefits & Setup](/content/sg/en/learn/private-funds/structures/spv/index.html): This article explains how to use a special purpose vehicle (SPV), covering the entire lifecycle from structuring the entity and calling capital to managing post-close compliance and reporting. (2,458 words)
- [What is a Family Office? Structures & Investment Strategies](/content/uk/en/learn/private-funds/structures/family-offices/index.html): Family office services offer ultra-high-net-worth families tailored investment management and wealth planning to preserve and grow assets across generations. (2,145 words)
- [Exempt Reporting Adviser (ERA): Definition & How to File](/content/learn/private-funds/regulations/exempt-reporting-adviser/index.html): An exempt reporting adviser is a type of investment adviser that is not required to register with the SEC or a state securities regulator. (1,130 words)
- [What’s New, What’s Next: Optimize How You Run, Raise, and Close Your Fund](/content/events/whats-new-fund-admin-26-q2/index.html): Carta leaders demo new ERP features for private capital, including a visual accounting dashboard, in-app CRM agents, and document intelligence tools. (396 words)
- [Tear Sheets: How to Create a Tear Sheet & Examples](/content/learn/private-funds/management/portfolio-management/tear-sheets/index.html): In finance, a tear sheet helps investors understand how their investment is performing. Learn more about how to create a tear sheet, what to include, and best practices. (622 words)
- [Understanding Private Market Investing: How It Works & Key Participants](/content/uk/en/learn/private-funds/private-market-investing/index.html): Learn the fundamentals of private market investing, covering the key participants, common investment structures, strategic advantages, and potential risks. (1,227 words)
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- [How VCFA Group Scaled Their Secondaries Strategy with Carta](/content/customer-stories/vcfa/index.html): VCFA Group is a private equity firm that specializes in buying secondary interests in venture capital and growth equity funds, as well as private companies. (965 words)
- [Single-Member LLCs & How They Work](/content/learn/startups/private-companies/llc/single-member-llc/index.html): A single-member LLC (SMLLC) is a company that is owned and operated by one person who receives limited liability protection. Learn how SMLLCs work. (1,021 words)
- [Introducing Carta Law: AI-Native Legal & Compliance Operations for Private Capital](/content/events/carta-law/index.html): Carta introduces Carta Law, an AI-native legal and compliance platform for private capital, discussed by CEO Henry Ward and Carta Law's James Sutton., Host the world live on your website. (453 words)
- [Q1 Venture Capital Review: From SAFEs to Exits](/content/events/25q1-venture-capital-review/index.html): Carta's Insights team breaks down Q1 2025 data on fundraising volume, dilution, and exits from the State of Pre-Seed and State of Private Markets reports., Host the world live on your website. (228 words)
- [Capital Is Up. Hiring Is Down. The New Rules of Startup Comp.](/content/events/new-rules-startup-comp-2026/index.html): Sequoia and Carta experts break down the latest data on capital, hiring, and equity compensation trends shaping startup pay in 2026., Host the world live on your website. (90 words)
- [Australian Budget 2026: New Caps, New Rules and Your Next Move](/content/events/australian-budget-2026/index-2.html): A panel breaks down Australia's 2026-27 Federal Budget, covering new regulatory and tax changes affecting fund structure, licensing, and capital raising., Host the world live on your website. (196 words)
- [Why Umami Bioworks Chose Carta Over Pulley for Its International Startup](/content/customer-stories/umami-bioworks/index.html): For Umami Bioworks, a seafood-cell cultivator based in Singapore, managing ownership and equity at a global level is complex. Founder Mihir Pershad knew continuing to manage Umami’s ownership with Pulley wasn’t going to cut it.  (987 words)
- [Form ADV: Instructions for Investment Advisers](/content/learn/private-funds/regulations/sec-form-adv/index.html): Form ADV is a disclosure document that all investment advisers must submit to the SEC and to relevant state securities regulators.   (852 words)
- [The MENA Private Markets Playbook: Cap Tables, SPVs, and the Infrastructure Behind the Deal](/content/events/mena-private-markets-playbook/index-2.html): Carta and Zest experts break down cap tables, SPV operations, and the infrastructure private markets need to scale deals across the MENA region., Host the world live on your website. (202 words)
- [Fund Economics Report 2025 Full Report](/content/data/fund-economics-report-2025-full-article/index.html): The details of how private funds operate have always remained behind the curtain. Now, Carta provides a never-before-seen glimpse at how VC and PE investors manage and operate their funds. (4,208 words)
- [How SageView Advisory Group Improved Efficiency and Compliance with Carta](/content/customer-stories/sageview-advisory-group/index.html): Following a significant investment from a private equity firm in 2020, SageView Advisory Group, a California-based registered investment advisor (RIA), faced challenges managing its newly complex equity structure. (617 words)
- [Entity Management: Core Components & Best Practices](/content/sg/en/learn/private-funds/structures/entity-management/index.html): Entity management keeps your fund entities compliant, audit-ready, and organized across every jurisdiction. This guide provides everything fund managers need to know. (2,241 words)
- [How to get support with Carta Help | support.carta.com](/content/support/s/article/carta-help-center/index.html): How to get support with Carta HelpCarta Help uses AI to understand your questions and quickly provide answers from Carta’s support resources, personalized to your role. If your question isn’t fully resolved or you need help with something else, you can always use Carta Help to submit a ticket, or connect with our support team during business hours. -How to access Carta HelpClick your name in the top right corner after logging in and select Carta Help, or click the chat icon in the bottom right.🔐 You'll need to be logged into your Carta account to use Carta Help. If you're having trouble logging in, click here for troubleshooting instructions. (88 words)
- [How QED Investors Leveraged Carta Technology to Keep Up with Growth](/content/customer-stories/qed-investors/index.html): When venture firm QED Investors needed to select a fund administrator, leadership turned to Carta for its innovative technology and potential to scale with the firm’s growing needs, according to CFO Jamie Loving. (679 words)
- [IPO Readiness in 2026: The Market Outlook and How AI Is Rewriting the IPO Timeline](/content/events/ipo-readiness-in-2026/index-2.html): Carta and Morgan Stanley leaders discuss IPO readiness in 2026, covering AI-driven market shifts, investor priorities, and operational readiness., Host the world live on your website. (214 words)
- [Registered Investment Adviser (RIA): Definition & Requirements](/content/learn/private-funds/regulations/registered-investment-adviser/index.html): A registered investment adviser (RIA) is anyone whose work in the financial sector requires them to register with the SEC or a state securities authority.  (1,529 words)
- [Software for the Private Equity Fund CFO](/content/product-updates/the-new-standard/index.html): Why do firms that invest in the best companies still run on spreadsheets and PDFs?
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- [How PE Firm Bochi Investments Leverages Carta SPVs to Capture ‘Compelling’ New Opportunities](/content/customer-stories/bochi-investments/index.html): Bochi Investments, a private equity firm, uses Carta to manage its operations and reduce overhead costs, allowing it to invest in promising companies earlier than larger firms could justify. (927 words)
- [Fund Forecasting Demo](/content/events/fund-forecasting-demo/index.html): Carta CEO Henry Ward and Anubhav Srivastava demo Carta Fund Forecasting (formerly Tactyc), a platform for building venture fund models with real benchmark data., Host the world live on your website. (159 words)
- [How Secondary Transactions Impact Valuations | Carta](/content/blog/the-impact-of-a-secondary-transaction-on-your-next-409a-valuation-is-changing.html): With secondary transactions on the rise, using the same valuation for 409A and ASC 718 purposes no longer makes sense. Learn why separating your company’s valuations matters. (1,759 words)
- [What Does a Fund Manager Do? Responsibilities & Skillset](/content/uk/en/learn/private-funds/structures/fund-manager/index.html): Understand the core responsibilities of a fund manager in private equity and venture capital. This guide covers your role throughout the fund lifecycle, from investment strategy and fund operations to LP relations and compliance. (1,821 words)
- [Request a demo | Carta Fund Tax](/content/demo/fund-tax/index.html): Request a demo of Carta's platform and learn more about how fund tax and accounting services. (70 words)
- [Ownership Trends in Private Equity: 2024](/content/data/ownership-trends-private-equity-2024/index.html): Our second annual Ownership Trends in Private Equity report provides a status update on the progress private equity has made toward the commitment to expand employee ownership.  (1,568 words)
- [How vesting works | Equity 101 Course](/content/equity/learn/vesting/index.html): This video explains equity vesting, including how to decode your equity compensation grant and when you’ll actually get your shares or stock options. (810 words)
- [File fund and SPV Taxes with Carta](/content/product-updates/file-fund-and-spv-taxes/index.html): Carta Fund Administration now offers in-house fund and SPV tax preparation, finalization, and filing—in addition to back office management and quarterly reporting. (440 words)
- [Election 2024: Policy Implications for the Private Market Ecosystem](/content/events/24election-policy-implications/index.html): Carta's Policy Team discusses how the 2024 election results could reshape tax reform, capital markets regulation, and policy for funds and startups., Host the world live on your website. (132 words)
- [Exempt Reporting Adviser (ERA): Definition & How to File](/content/uk/en/learn/private-funds/regulations/exempt-reporting-adviser/index.html): An exempt reporting adviser is a type of investment adviser that is not required to register with the SEC or a state securities regulator. (1,013 words)
- [What is Board Management & How Does It Work?](/content/learn/startups/private-companies/board-of-directors/board-management/index.html): Learn the ins and outs of board management and how to work effectively with your board of directors.  Download Carta’s board deck template to get started. (1,321 words)
- [How Equity-Holding Employees Can Prepare for an IPO](/content/learn/equity/liquidity-events/ipo/index.html): If your company is going public soon, here's what you can do to be IPO-ready. (1,496 words)
- [The General Ledger (GL): A Fund’s Single Source of Truth](/content/sg/en/learn/private-funds/management/general-ledger/index.html): Learn the general ledger's role as the core record for private funds including its key components, how it works, and why its accuracy is vital for reporting and LP trust. (2,085 words)
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- [What is Regulation D? | Carta UK](/content/uk/en/learn/private-funds/regulations/regulation-d/index.html): Regulation D outlines some of the rules private funds and companies can follow to raise money by selling securities without having to register. (908 words)
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Unhosted), Scope of Services: Carta Fund Formation (Luxembourg), Scope of Services: Due Diligence (US Portfolio Companies), Scope of Services: Carta Europe Cayman Fund Formation, Scope of Services: Carta Luxembourg Fund Formation (Hosted), Scope of Services: Carta Corporate Secretarial (Luxembourg-Hosted), Scope of Services: Carta Fund Tax Preparation (Luxembourg), Scope of Services: Carta Europe Customer Due Diligence, Scope of Services: Carta UK Europe Target Due Diligence, Scope of Services: Carta Europe Investor Due Diligence, Scope of Services: Carta Corporate Secretarial (UK), Scope of Services: Carta Fund Tax Preparation (UK), Scope of Services: Carta UK Fund Formation, Scope of Services: Carta Europe GP Entity Administration, Scope of Services: Carta European CIV Entity Administration, Scope of Services: Standard ASC 820 Valuations, Scope of Services: Portfolio Valuations - Full-Service, Scope of Services: Syndicate SPV, Scope of Services: Carta Fund Formation, Scope of Services: Cap Table Vehicle (CTV), Scope of Services: Schedule of Investments (SOI) Maintenance, Scope of Services: Implementation for Fund and SPV Administration (Existing), Scope of Services: Implementation for Fund and SPV Administration (Raising), Scope of Services: Safekeeping, Scope of Services: Due Diligence (BVI Funds), Scope of Services: Carta Registrar and Transfer Agent (Cayman Islands), Scope of Services: US Due Diligence (Cayman Based Funds), Scope of Services: GP Entity Administration, Scopes of Service: Carta VC Implementation, Scope of Services: Portfolio Insights (Full Service), Scope of Services: Portfolio Insights, Scope of Services: Carta Fund Administration (APAC), Standard Scope of Services: SPVs (APAC), Scope of Services: Management Company (APAC), Scope of Services: Portfolio Valuations - Software, Scope of Services: Fund Administration (Implementation), Scope of Services: Data Collections (Self-Service), Scope of Services: Dissolution, Scope of Services: Carta Asia SPVs, Scope of Services: Carta Corporate Secretarial (VCC), Scope of Services: Carta Corporate Secretarial (Singapore - Private Limited Companies), Scope of Services: Carta U.S. Tax Preparation for Non-U.S. Funds, Scope of Services: IFRS 13 Valuations for Funds (Carta APAC), Scope of Services: Co-Investment GP/LP SPV Formation, Scope of Services: Co-Investment GP/LP SPV Administration, Scope of Services: Carta Co-Investment SPV Tax Preparation (UK), Scope of Services: FATCA,CRS and AEOI Reporting (EU), Scope of Services: Fund Forecasting, Scope of Services: Premium Institutional SPV Formation and Administration, Scope of Services: GP Carry Tracking, Scope of Services: Fund Forecasting - Portfolio Company Data Collection, Scope of Services: US Due Diligence (US OFAC Sanctions Only), APAC Due Diligence Scope of Services: Singapore-based Funds, APAC Due Diligence Scope of Services: British Virgin Islands-based  Funds, Scope of Services:  FATCA and CRS Reporting (UAE*), Scope of Services: Carta Management Company Administration (UAE), Scope of Services: Carta Fund Administration (UAE*), Standard Scope of Services: SPVs (UAE*), Scope of Services: Carta Management Company Administration (Europe), Scope of Services: SPV Distributions , Scope of Services: Due Diligence (UAE*), Scope of Services: BVI SPV Administration, Due Diligence Scope of Services: Know-Your-Transaction (“KYT”), Scope of Services: Co-Invest LLP SPV Formation, Scope of Services: Co-Invest Bare Trust SPV Formation, Scope of Services: Co-Invest LLP SPV Administration, Scope of Services: Co-Invest Bare Trust SPV Administration, Scope of Services: Loan Operations - Full-Service, Scope of Services: Loan Operations - Software Platform, Scope of Service: LP Portfolio Analytics, Scope of Services: Customer Relationship Management (CRM), Scope of Services: Implementation for Fund and SPV Administration (AMEA) (1,097 words)
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- [Election 2024: Policy Implications for the Private Market Ecosystem](/content/uk/en/events/24election-policy-implications/index.html): Carta's Policy Team discusses how the 2024 election results could reshape tax reform, capital markets regulation, and policy for funds and startups., Host the world live on your website. (288 words)
- [IRS Form 6251 Instructions: Determining AMT](/content/learn/equity/stock-options/taxes/form-6251/index.html): IRS Form 6251 is a worksheet that helps you determine if you owe AMT and how much. You can also calculate your estimated AMT using our AMT calculator. (369 words)
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- [State of pre-seed fundraising: Q2 2023 | Carta](/content/data/state-of-pre-seed-fundraising-q2-2023/index.html): Introducing our first State of Pre-seed fundraising report. (389 words)
- [AI-Generated LinkedIn Comments Are Ruining the Platform](/content/data/linkedin-ai-comments-linkedin-problem/index.html): AI comments flood posts with generic noise, disrespect original creators, and destroy the commenter's credibility—three reasons this trend must stop. (178 words)
- [State of Private Markets: Q1 2026 | Carta](/content/uk/en/data/state-of-private-markets-q1-2026/index.html): Venture capital is making a comeback, with $30.4 billion raised in Q1 2026, fewer down rounds and less dilution. However, over 60% of funding went to AI, creating a huge valuation gap for startups. (783 words)
- [Expanding Carta Total Compensation to Non-Carta Customers](/content/product-updates/expanding-ctc/index.html): Carta Total Compensation is now available for all companies—not just Carta cap table customers. All private companies can now access Carta's equity and salary benchmarks to make smarter, data-driven compensation decisions. (499 words)
- [Latest Median Healthtech Series A Valuation, Size & Dilution](/content/sg/en/data/explore/round-benchmarking/healthtech-series-a/index.html): See the latest Series A benchmarks for Healthtech startups from Carta, including the median deal size, post-money valuation, and dilution. (357 words)
- [State of Private Markets: Q1 2026 | Carta](/content/data/state-of-private-markets-q1-2026/index.html): Venture capital is making a comeback, with $30.4 billion raised in Q1 2026, fewer down rounds and less dilution. However, over 60% of funding went to AI, creating a huge valuation gap for startups. (783 words)
- [Rising Biotech VC Partners with Carta for Fund Administration](/content/uk/en/customer-stories/civilization-ventures/index.html): Entrepreneur Shahram Seyedin-Noor founded Civilization Ventures in 2017 to invest in biotech, life sciences, and other healthtech startups led by founders who are often fresh out of their PhD programs. (702 words)
- [The Carta Blog](/content/blog/index-2.html): Stay up-to-date on the latest Carta's learning items (31 words)
- [Graduation rate from seed to Series A](/content/data/newsletter-graduation-rate-from-seed-to-series-a/index.html): The platonic (VC) ideal: one new primary round every 24 months like clockwork. But how many seed-stage startups actually get to Series A in that timeframe? (356 words)
- [State of Startup Compensation](/content/data/newsletter-state-of-startup-compensation/index.html): Where oh where have these startup jobs gone? (242 words)
- [Latest Median Hardware Series D+ Valuation, Size & Dilution](/content/sg/en/data/explore/round-benchmarking/hardware-series-d-plus/index.html): See the latest Series D+ benchmarks for Hardware startups from Carta, including the median deal size, post-money valuation, and dilution. (325 words)
- [Executive Team | Carta](/content/executive-team/index.html):    (40 words)
- [Pre-seed funding in 2024](/content/data/newsletter-preseed-funding-in-2024/index.html): The introduction of the SAFE in 2013 marked a sea change in funding to the earliest venture startups. (302 words)
- [Pre-AI Startups Face an Existential Portfolio Reckoning](/content/data/linkedin-pre-ai-companies-portfolio-risk/index.html): The fear that companies built before AI arrived are structurally disadvantaged is growing louder among PE and VC investors across every vintage. (304 words)
- [Run Fund of Funds with Full Look-Through](/content/product-updates/fund-of-funds/index.html): Bring fund admin, documents, and portfolio analytics into one place, with look-through visibility across underlying assets. (388 words)
- [Median Series A Valuation, Size & Dilution](/content/uk/en/data/explore/round-benchmarking/series-a/index.html): See the latest Series A benchmarks from Carta, including the median deal size, post-money valuation, and dilution. (358 words)
- [Down rounds in 2023](/content/data/newsletter-down-rounds-in-2023/index.html): US startups partied pretty hard in 2021, had a serious hangover in 2022, and took some prescription strength medicine in 2023 in the form of down rounds. (349 words)
- [Hardware and Deep Tech Startups Are Making a Comeback](/content/data/linkedin-hardware-deep-tech-vc-comeback/index.html): After years of VC preferring software, capital is shifting toward hardware, biotech, and energy startups as investors recognize the limits of bits-only bets. (308 words)
- [Why 2021 May Be the Worst VC Vintage in Decades](/content/data/linkedin-2021-vc-vintage-worst-performing/index.html): 2021 funds invested at wild valuations, had more investors than ever, then faced rising rates and the AI wave—setting up a historically difficult vintage. (303 words)
- [Carta UK Support [Formerly Capdesk & Vauban]](/content/uk/en/support/index.html) (8 words)
- [Does Your VC Fund Size Still Make Sense Today](/content/data/linkedin-vc-fund-size-ownership-strategy/index.html): Rising lead check sizes, follow-on expectations, and evolving ownership targets are forcing fund managers to reconsider whether their current fund size still... (261 words)
- [Data Minute Newsletter Signup | Carta](/content/subscribe/data-newsletter-sign-up/index.html): Sign up to receive The Data Minute and get weekly data insights from across Carta’s startup network. (14 words)
- [How much do founders own?](/content/data/newsletter-how-much-do-founders-own/index.html): Okay founders, let's talk about the real stuff - how much of this business are you likely to own once you raise your seed round? (335 words)
- [What's a SAFE valuation cap?](/content/data/newsletter-whats-a-safe-valuation-cap/index.html): It's the number one question I get whenever speaking with a group of early founders: what should the valuation cap be on my upcoming SAFE fundraise? (307 words)
- [Data - Carta](/content/data/linkedin-five-trends-reshaping-venture-capital/index.html) (163 words)
- [Subscribe to Carta Product Update | Carta](/content/product-update-mailing-list/index.html) (434 words, Sep 7, 2022)
- [Subscribe to Carta Product Update | Carta](/content/sg/en/product-update-mailing-list/index.html) (433 words, Sep 7, 2022)
- [Subscribe to Carta Product Update | Carta](/content/uk/en/product-update-mailing-list/index.html) (435 words, Sep 7, 2022)
- [Subscribe to Carta Product Update | Carta](/content/product-update-mailing-list/index-2.html) (222 words, Sep 7, 2022)
- [Subscribe to Carta Product Update | Carta](/content/sg/en/product-update-mailing-list/index-2.html) (430 words, Sep 7, 2022)
- [Carta vs. Aduro | The all-in-one solution for your firm](/content/carta-vs-aduro/index.html): Carta combines superior service and robust technology to help you manage your fund. (382 words, Jul 29, 2020)
- [Carta vs. Aduro | The all-in-one solution for your firm](/content/sg/en/carta-vs-aduro/index.html): Carta combines superior service and robust technology to help you manage your fund. (382 words, Jul 29, 2020)
- [Carta vs. Aduro | The all-in-one solution for your firm](/content/uk/en/carta-vs-aduro/index.html): Carta combines superior service and robust technology to help you manage your fund. (381 words, Jul 29, 2020)
- [Carta vs. Aduro | The all-in-one solution for your firm](/content/carta-vs-aduro/index-2.html): Carta combines superior service and robust technology to help you manage your fund. (513 words, Jul 29, 2020)
- [Carta vs. Aduro | The all-in-one solution for your firm](/content/sg/en/carta-vs-aduro/index-2.html): Carta combines superior service and robust technology to help you manage your fund. (382 words, Jul 29, 2020)
- [Capital call line request | Carta](/content/capital-call-line-request/index.html): Request a Capital Call Line (CCL) (376 words, Apr 17, 2020)
- [Capital call line request | Carta](/content/capital-call-line-request/index-2.html): Request a Capital Call Line (CCL) (236 words, Apr 17, 2020)
- [Carta vs. Shareworks | The all in one platform for equity management](/content/carta-vs-shareworks/index.html): Carta helps thousands of private companies manage equity, issue securities, run liquidity events, and get 409A valuations. (488 words, Aug 3, 2019)
- [Carta vs. Shareworks | The all in one platform for equity management](/content/sg/en/carta-vs-shareworks/index.html): Carta helps thousands of private companies manage equity, issue securities, run liquidity events, and get 409A valuations. (774 words, Aug 3, 2019)
- [Carta vs. Shareworks | The all in one platform for equity management](/content/uk/en/carta-vs-shareworks/index.html): Carta helps thousands of private companies manage equity, issue securities, run liquidity events, and get 409A valuations. (742 words, Aug 3, 2019)
- [Carta vs. Shareworks | The all in one platform for equity management](/content/carta-vs-shareworks/index-2.html): Carta helps thousands of private companies manage equity, issue securities, run liquidity events, and get 409A valuations. (762 words, Aug 3, 2019)
- [Carta vs. Shareworks | The all in one platform for equity management](/content/sg/en/carta-vs-shareworks/index-2.html): Carta helps thousands of private companies manage equity, issue securities, run liquidity events, and get 409A valuations. (795 words, Aug 3, 2019)

## Listings & Categories

- [Sahas Singh](/content/sg/en/author/sahas-singh/index-2.html): Sahas Singh is an author at Carta. (124 words)
- [Nicole Kahn](/content/author/nicole-kahn/index-2.html): Nicole Kahn is the VP of Design at Carta. (129 words)
- [Charly Kevers](/content/sg/en/author/charlykevers/index-2.html): Charly is Carta’s Chief Financial Officer. (123 words)
- [Olga Serhiyevich](/content/sg/en/author/olga-serhiyevich/index-2.html): Olga Serhiyevich is the Founder of Lynx Point, an advisory firm focused on advising private market GPs on their go-to-market strategy and incubation of niche private market strategies. (77 words)
- [Gwynneth Mazzola](/content/sg/en/author/gwynneth-mazzola/index-2.html): Gwynneth Mazzola is focused on strategic venture capital  relationships and partnerships at Carta. Prior to joining Carta, she spent 12 years in the investment industry, investing and managing institutional portfolios for sophisticated LPs. (82 words)
- [Caroline Joseph](/content/sg/en/author/caroline-joseph/index-2.html): Caroline Joseph is a marketing manager at Carta, representing international markets. Prior to Carta, she worked in campaign marketing and communications for a range of businesses, helping to promote tech solutions to global intersectional issues – such as the climate and female health. (290 words)
- [Vanessa Chin](/content/author/vanessa-chin/index-2.html): Vanessa Chin is an author at Carta. (140 words)
- [Mica Cole, CEP](/content/sg/en/author/mica-cole/index-2.html): Mica Cole holds a CEP and is a Senior Product Manager for Carta's LLC business unit, where he focuses on streamlining equity administration in complex business structures. (80 words)
- [Reed McBride](/content/sg/en/author/reed_mcbride/index-2.html): Reed McBride joined Carta in 2019 and is VP of Strategic Partnerships + Ecosystem at Carta, and an active early-stage investor. Reed started his career as a start-up attorney at Orrick, advising tech companies on billions of dollars of VC and M&A transactions. He then scaled two start-ups over five years, building new teams and leading a diverse range of functions. Reed holds a BS in Mechanical Engineering with Highest Honors from the University of Illinois and a JD from Berkeley Law, where he graduated Order of the Coif and served on the California Law Review. When he's not at work, you can usually find him on a trail with his three kids. (340 words)
- [Adam Freudenstein](/content/sg/en/author/adam-freudenstein/index-2.html): Adam Freudenstein is a senior marketing specialist for Carta LLC & Private Equity. (117 words)
- [Viba Subramaniam](/content/sg/en/author/vibasubramaniam/index-2.html): Viba works as a product designer at Carta, specializing in tools for early-stage founders. Outside of work, she loves to paint, scuba dive in tropical water, and learn about different cultures and histories through travel. (78 words)
- [Jordan Agnew](/content/sg/en/author/jordan-agnew/index-2.html): Jordan Agnew is a Group Product Manager at Carta. (102 words)
- [Jazlyn Chew](/content/sg/en/author/jazlyn-chew/index-2.html): Jazlyn Chew partners with startups across APAC and ANZ at Carta, supporting them through all stages of growth with equity management, fundraising, and audit readiness. (148 words)
- [Igor Oliveira](/content/sg/en/author/igor-oliveira/index-2.html): Igor Oliveira has more than 10 years of experience in IT service and software delivery. Igor leads Private Equity SaaS onboarding for Carta, helping clients navigate complex implementation with confidence. (134 words)
- [Caroline Joseph](/content/uk/en/author/caroline-joseph/index-2.html): Caroline Joseph (290 words)
- [Michael Meng](/content/sg/en/author/michael-meng/index-2.html): Michael Meng leads private equity GTM & Partnerships at Carta. He oversees external ecosystem relationships across the private equity platform to fully support Carta's clients throughout their lifecycle—from setup and launch to distribution and wind-down. (87 words)
- [Jenna Lee](/content/sg/en/author/jenna-lee/index-2.html): Jenna is a former member of the content team at Carta. Despite working in Fintech her entire career, she has never had a La Croix. (261 words)
- [Daniela Ogliaro, CEP](/content/author/daniela-ogliaro/index-2.html): Daniela Ogliaro is a Certified Equity Professional (CEP) on the Carta Launch Business Team. Daniela joined Carta four years ago and has a background in cap table clean-ups and cap table preparation for liquidity events. (72 words)
- [Taylor Cook](/content/author/taylor-cook/index.html): Taylor Cook is a valuations manager on Carta's Auditable Reporting team. He holds a Master of Science (M.Sc.) in Financial Analysis
from USFCA. (60 words)
- [Daniel Tonga](/content/sg/en/author/daniel-tonga/index-2.html): Daniel Tonga is the business lead for Carta’s gift and estate tax valuation practice, where he oversees sales, delivery, support, and valuation policy. Daniel joined Carta in January 2018 and has worked in various roles across customer support and valuations. He is also a frequent contributor to the #starwars, #guitar-people, and #basketball Slack channels. (94 words)
- [Data scientist](/content/sg/en/author/lucy-wang/index-2.html): Lucy Wang is a data scientist at Carta. (138 words)
- [Lucy Hoyle](/content/uk/en/author/lucy-hoyle/index.html): Lucy Hoyle is a Senior Content Engineer at Carta. She oversees editorial processes, AI search optimization (AEO) strategy and the use of AI to optimise marketing systems. She previously supported Carta teams in Europe, Asia-Pacific and the Middle East with localised content and international SEO. (281 words)
- [Chad Willbur](/content/sg/en/author/chad-willbur/index-2.html): Chad Willbur is the GM of Carta's valuations business. (166 words)
- [Josh Durst-Weisman](/content/sg/en/author/joshweisman/index-2.html): Josh works in marketing and sales at Carta. Prior to tech, he spent several years in Los Angeles as a TV producer and writer of bad horror movies. (62 words)
- [Shelby Whitefield, CPA](/content/sg/en/author/shelby-skoczylas-cpa/index-2.html): Shelby is a CPA with over 10 years of experience in tax accounting and compliance. Currently, Shelby works in Tax Operations at Carta, helping to bridge the gap between technical tax advisory and product development to build better solutions for customers. (137 words)
- [Calvin Cheng, CEP](/content/sg/en/author/calvin-cheng/index-2.html): Calvin Cheng supports ASC718 reports within Carta’s Financial Reporting tool. Calvin has a deep understanding of equity compensation accounting and holds both Certified Equity Professional (CEP) and Advanced Equity Compensation Accounting (AECA) designations from the Certified Equity Professional Institute (CEPI). (75 words)
- [Kiley Roache | Carta](/content/author/kiley-roache/index-2.html): Kiley Roache is an author at Carta. (343 words)
- [Charlie Pennington](/content/sg/en/author/charlie-pennington/index-2.html): Charlie Pennington is a leading expert in guiding startup founders through growth and scalability challenges. As the head of Carta’s go-to-market and sales efforts for equity management and fundraising in AMEA, he has expanded Carta’s reach across the Middle East, Southeast Asia, Australia, New Zealand, and Africa. (124 words)
- [Elaine Wong](/content/sg/en/author/elaine-wong/index-2.html): Elaine Wong leads Brand & Content Marketing for Carta's AMEA region, covering Asia-Pacific, the Middle East, and Africa. She develops go-to-market strategy, content, and communications for private markets professionals navigating equity management and fund administration. (80 words)
- [Samantha Widman](/content/sg/en/author/samanthawidman/index-2.html): Samantha Widman, a product manager at Carta, boasts three years of experience in the ASC 718 industry and holds a Master of Science in Advanced Data Science. (118 words)
- [Kevin Dowd](/content/sg/en/author/kevin-dowd/index-2.html): Kevin Dowd is a senior writer covering the private markets. Prior to joining Carta, he reported on venture capital and private equity at Forbes, where he wrote the Deal Flow newsletter, and at PitchBook, where he wrote The Weekend Pitch. (317 words)
- [Leah Rodriguez](/content/sg/en/author/leah-rodriguez/index.html): Leah Rodriguez is a Principal Product Marketing Manager at Carta. (243 words)
- [Peter Walker](/content/sg/en/author/peter-walker/index-2.html): Peter Walker runs the Insights team at Carta, focused on discovering key data and narratives across the private capital ecosystem. In a former life, he was a marketing executive for a media analytics startup and led the data visualization team at the Covid Tracking Project. (276 words)
- [Hamza Shad](/content/sg/en/author/hamza-shad/index-2.html): Hamza Shad is an insights manager at Carta, where he analyzes data on the VC and startup ecosystem. Previously, he conducted research on entrepreneurship in emerging markets at Endeavor. (244 words)
- [Shubhi Nigam](/content/sg/en/author/shubhi-nigam/index-2.html): Shubhi Nigam is a lead product manager at Carta. (185 words)
- [Scarlett Pierce](/content/sg/en/author/scarlett-pierce/index-2.html): Scarlett Pierce is a Senior Manager in Product Marketing focused on Carta’s investor products. She joined the Carta team in 2022 with the acquisition of European equity management startup Capdesk. Prior to Capdesk, Scarlett worked as a digital marketer for the UK government, Amazon Alexa, and Louis Vuitton. She lives in New York. (237 words)
- [Janet Deng](/content/sg/en/author/janet-deng/index-2.html): Janet Deng is a senior data scientist at Carta focused on Private Equity. (231 words)
- [John Hoffman](/content/sg/en/author/john-hoffman/index-2.html): John Hoffman is a Lead Product Manager at Carta. (127 words)
- [Webb Allen ](/content/sg/en/author/webb-allen/index-2.html): Webb Allen is the lead product manager for cap table at Carta. (151 words)
- [Ann Hodge](/content/author/ann-hodge/index.html): Ann Hodge leads content strategy for Carta Equity Advisory. Before joining Carta, Ann worked at NerdWallet on the content strategy team. (193 words)
- [Cesar Ruiz](/content/author/cesar-ruiz/index-2.html): Cesar Ruiz is a product marketing manager at Carta. (227 words)
- [Nick Dehn](/content/author/nick-dehn/index-2.html): Nick Dehn is Senior Editor at Carta, where he helps lead editorial strategy and content development for the company’s corporations and investors audiences. Before joining Carta, Nick managed editorial operations at Paychex, Huckleberry, and Insurify. (180 words)
- [Shubhi Nigam](/content/author/shubhi-nigam/index-2.html): Shubhi Nigam is a lead product manager at Carta. (187 words)
- [Sean Dugan](/content/sg/en/author/seandugan/index-2.html): Sean Dugan has a JD and LLM in taxation. He has over eight years of experience in private client services specializing in individual tax treatment of equity compensation. In his spare time, he loves a good book, going for a run, and rooting for his Boston Celtics. (83 words)
- [Amanda Domingues](/content/sg/en/author/amanda-domingues/index-2.html): As a seasoned Technical Leader, Amanda Domingues specializes in bridging the gap between Carta's customers, our Product, and our Delivery Teams. With a solid seven-year tenure at Carta, Amanda brings a wealth of experience to ensure you extract maximum value from our platform. (79 words)
- [Michael Wu](/content/sg/en/author/michael-wu/index-2.html): Mike joined Carta in 2014 and is General Counsel. Prior to Carta, he practiced startup law in Palo Alto, and prior that, worked at an early stage social venture in East Palo Alto teaching entrepreneurship. He’s passionate about startups and&nbsp;entrepreneurship. (87 words)
- [Nick Dehn](/content/sg/en/author/nick-dehn/index-2.html): Nick Dehn is Senior Editor at Carta, where he helps lead editorial strategy and content development for the company’s corporations and investors audiences. Before joining Carta, Nick managed editorial operations at Paychex, Huckleberry, and Insurify. (180 words)
- [Angelina Lam, EA](/content/sg/en/author/angelina-lam/index-2.html): Angelina Lam is an Enrolled Agent (EA) and Senior Tax Advisor at Carta. She has eight years of tax experience, specializing in tax advisory and consulting for individuals and their equity compensation. (106 words)
- [Vrushali Paunikar](/content/sg/en/author/vrushali-paunikar/index-2.html): Vrushali Paunikar is Vice President of product for Investor Services at Carta. She is a fan of Luca Pacioli and believes that we can change the world through accounting. On a normal day, you’ll find her spilling tea all over the office and keeping diligent tabs on the office #doggies Slack channel. (280 words)
- [Anthony Cimino](/content/sg/en/author/anthony-cimino/index-2.html): Anthony Cimino leads public policy for Carta's Policy Team. He's spent his career in the public and private sectors working on financial services public policy. (234 words)
- [Vanessa Chin](/content/sg/en/author/vanessa-chin/index-2.html): Vanessa Chin is an author at Carta. (138 words)
- [Natasha Arora](/content/sg/en/author/natasha-arora/index-2.html): Natasha Arora is the head of business development for corporations at Carta, where she focuses on our top partner relationships with law firms, VCs, and accelerators, as well as creating products that revolutionize the fundraising experience for founders. As a former attorney specializing in emerging companies and VC at the top venture law firms, Natasha brings invaluable insights into the startup ecosystem. She has represented companies from formation to unicorn status and VC firms in their investments. Natasha holds a J.D. from the University of California, Berkeley School of Law. (153 words)
- [Patrick Daniel](/content/sg/en/author/patrick-daniel/index-2.html): PD trained as a lawyer with Slaughter and May before moving to the Freshfields banking team in London as an Associate. Upon completing his Advanced Masters in Philosophy and Democratic Theory, Patrick joined Avantia (now Carta Law) where he built the KYC business and now leads it as Managing Director of Compliance. (98 words)
- [Josh Steinfeld](/content/sg/en/author/josh-steinfeld/index-2.html): Josh Steinfeld leads product strategy for Carta Total Compensation. Josh has been a compensation professional for the last 20 years, most recently leading compensation at Google for YouTube and Google’s corporate functions. (246 words)
- [Ann Hodge](/content/sg/en/author/ann-hodge/index-2.html): Ann Hodge leads content strategy for Carta Equity Advisory. Before joining Carta, Ann worked at NerdWallet on the content strategy team. (229 words)
- [Daniela Ogliaro, CEP](/content/sg/en/author/daniela-ogliaro/index-2.html): Daniela Ogliaro is a Certified Equity Professional (CEP) on the Carta Launch Business Team. Daniela joined Carta four years ago and has a background in cap table clean-ups and cap table preparation for liquidity events. (72 words)
- [Michael Sechuga](/content/sg/en/author/michael-sechuga/index-2.html): Michael Sechuga is a Senior Technical Manager at Carta, where he guides companies through the requirements of QSBS qualification with precise tax analysis. With a robust background that bridges the gap between accounting and law, Michael brings a unique perspective to his role. Michael's approach combines meticulous attention to detail with a deep regulatory knowledge, crafting strategic solutions that maximize QSBS benefits and ensure compliance. His work supports Carta's mission by empowering founders, investors, and companies to navigate the QSBS landscape with confidence. Michael holds a MSA and JD from Indiana University. (201 words)
- [Kyler Thomas](/content/sg/en/author/kyler-thomas/index-2.html): Kyler Thomas is a director of fund administration at Carta. He is both a Certified Public Accountant and a CFA Charterholder. (80 words)
- [Jaron Wright, CFA](/content/sg/en/author/jaron-wright/index-2.html): Jaron Wright is a Chartered Financial Analyst (CFA®) and the Director of Financial Reporting Services at Carta. He has more than a decade of experience working with clients on 409A valuations and on implementing equity compensation tools. (92 words)
- [Hilary Friesen](/content/sg/en/author/hilary-friesen/index-2.html): Hilary Friesen has been on Carta's finance team since 2019, coming over with the Canadian acqui-hire of Kik Interactive. Hilary is Carta's equity administrator and has over a decade of experience in accounting and payroll. (66 words)
- [Henry Ward](/content/sg/en/author/henry-ward/index-2.html): Henry is the CEO of Carta. (258 words)
- [Lucy Hoyle](/content/sg/en/author/lucy-hoyle/index.html): Lucy Hoyle is a Senior Content Engineer at Carta. She oversees editorial processes, AI search optimization (AEO) strategy, and the use of AI to optimise marketing systems. She previously supported Carta teams in Europe, Asia-Pacific, and the Middle East with localised content and international SEO. (235 words)
- [Kristoffer Warren, CAIA](/content/sg/en/author/kristoffer-warren-caia/index-2.html): Kristoffer Warren has been at Carta since 2017. Kristoffer began his career in alternative finance by participating with Entrepreneurs and Angel Investors completing early-stage financings across the Pacific Northwest. Kristoffer received his Master of Science in Finance (“MSF”) from Seattle University and is a CAIA Charterholder. Previously, Kristoffer graduated Summa Cum Laude from the University of Washington’s School of Business, Bothell. (226 words)
- [Jenna Lee](/content/author/jenna-lee/index-2.html): Jenna is a former member of the content team at Carta. Despite working in Fintech her entire career, she has never had a La Croix. (255 words)
- [Jon Grupp, CFA, ASA](/content/author/jongrupp/index-2.html): Jon Grupp is a Senior Valuation Technical Manager at Carta. Grupp is a CFA charterholder and Accredited Senior Appraiser (ASA). (62 words)
- [Tyler Haberman](/content/author/tyler-haberman/index-2.html): Tyler Haberman is a Lead Product Marketing Manager at Carta. (169 words)
- [Reed McBride](/content/author/reed_mcbride/index-2.html): Reed McBride joined Carta in 2019 and is VP of Strategic Partnerships + Ecosystem at Carta, and an active early-stage investor. Reed started his career as a start-up attorney at Orrick, advising tech companies on billions of dollars of VC and M&A transactions. He then scaled two start-ups over five years, building new teams and leading a diverse range of functions. Reed holds a BS in Mechanical Engineering with Highest Honors from the University of Illinois and a JD from Berkeley Law, where he graduated Order of the Coif and served on the California Law Review. When he's not at work, you can usually find him on a trail with his three kids. (370 words)
- [Ashley Neville](/content/sg/en/author/ashley-neville/index-2.html): Ashley Neville leads strategy for the Insights team at Carta, bringing 15 years of experience in the data industry. A former evangelist for Tableau and Salesforce, she is an expert in data culture and literacy who is passionate about helping people harness the power of data. Ashley studied economics at Georgetown. (268 words)
- [Nathania Fuad](/content/sg/en/author/nathania-fuad/index-2.html): Nathania Fuad is a Senior Product Manager at Carta. (220 words)
- [Gwynneth Mazzola](/content/author/gwynneth-mazzola/index-2.html): Gwynneth Mazzola is focused on strategic venture capital  relationships and partnerships at Carta. Prior to joining Carta, she spent 12 years in the investment industry, investing and managing institutional portfolios for sophisticated LPs. (82 words)
- [Olga Serhiyevich](/content/author/olga-serhiyevich/index-2.html): Olga Serhiyevich is the Founder of Lynx Point, an advisory firm focused on advising private market GPs on their go-to-market strategy and incubation of niche private market strategies. (77 words)
- [Charly Kevers](/content/author/charlykevers/index-2.html): Charly is Carta’s Chief Financial Officer. (122 words)
- [Josephine Koh](/content/sg/en/author/josephine-koh/index-2.html): Josephine Koh is the Director of Investor Services for Asia Pacific & Middle East at Carta, and has over 17 years of experience in the asset management industry. She was an integral member of the international expansion team when Carta launched its first international office, building the fund administration book of business. Prior to joining Carta, she was the Co-Founder and COO at Insignia Venture Partners. (299 words)
- [Jon Grupp, CFA, ASA](/content/sg/en/author/jongrupp/index.html): Jon Grupp is a Senior Valuation Technical Manager at Carta. Grupp is a CFA charterholder and Accredited Senior Appraiser (ASA). (64 words)
- [Victor Klein](/content/sg/en/author/victor-klein/index-2.html): Victor Klein is the Director of Liquidity Services at Carta. He has over 15 years of experience in the private and public equity space and is passionate about helping issuers navigate the challenging move from private to public. (73 words)
- [Michael Young, PhD](/content/sg/en/author/michael-young/index-2.html): Michael Young, PhD, is a data scientist at Carta. (201 words)
- [Kiley Roache | Carta](/content/sg/en/author/kiley-roache/index-2.html): Kiley Roache is an author at Carta. (313 words)
- [Holli Heiles Pandol](/content/sg/en/author/holli-heiles-pandol/index-2.html): Holli Heiles Pandol is Carta’s Policy Counsel. Prior to Carta, Holli helped shape financial and capital markets policy on Capitol Hil as a senior advisor and Director of Intergovernmental and Legislative Affairs at the SEC under former Chairman Jay Clayton. (257 words)
- [Patrick Daniel](/content/author/patrick-daniel/index-2.html): PD trained as a lawyer with Slaughter and May before moving to the Freshfields banking team in London as an Associate. Upon completing his Advanced Masters in Philosophy and Democratic Theory, Patrick joined Avantia (now Carta Law) where he built the KYC business and now leads it as Managing Director of Compliance. (98 words)
- [Jackie Ammon](/content/sg/en/author/jackieammon/index-2.html): Jackie leads Carta’s private equity business development team. She spent the last decade of her career as a Silicon Valley transactional attorney, advising companies and investors on general corporate matters, fundraising, and liquidity events. Despite long nights studying and practicing law, and to the shock of colleagues, she does not drink coffee. (236 words)
- [Eli Kramer](/content/sg/en/author/eli-kramer/index-2.html): Eli Kramer has over decade of experience working in venture capital and private equity fund administration. Since joining Carta in 2018, he's worked closely with the fund administration and product teams to provide expertise for creating Carta's best-in-class, software-lead solution to fund administration. (89 words)
- [The Carta Policy Team](/content/sg/en/author/the-carta-policy-team/index.html): Carta’s Policy Team aims to connect the policymaking community and venture ecosystem to build an ownership economy and advance policies that support private companies, their employees, and their investors. (213 words)
- [Taylor Cook](/content/sg/en/author/taylor-cook/index.html): Taylor Cook is a valuations manager on Carta's Auditable Reporting team. He holds a Master of Science (M.Sc.) in Financial Analysis
from USFCA. (63 words)
- [Michael Aldridge](/content/sg/en/author/michael-aldridge/index-2.html): Michael Aldridge is Senior Director of Sales at Carta, driving the global commercial strategy and execution for Carta's LP Portfolio Analytics solution. Previously, he was the Co-founder, President and Chief Revenue Officer of Accelex (acquired by Carta). (241 words)
- [Simon Tang](/content/sg/en/author/simon-tang/index-2.html): Simon Tang is Head of US Sales for Carta LP Portfolio Analytics. Previously, he was a Director at Accelex (acquired by Carta). (147 words)
- [Carta Fund CRM for Private Equity & VC: Deal Flow & LP Investor Relations](/content/sg/en/blog/category/crm/index-2.html): Learn more about Carta's Fund CRM for private equity and venture capital, including Deal CRM for deal flow management to LP CRM for investor relations. (199 words)
- [Private Companies Archives | Carta](/content/sg/en/blog/category/private-companies/index.html) (227 words)
- [Equity Archives | Carta](/content/sg/en/blog/category/equity/index-2.html) (180 words)
- [Carta](/content/sg/en/blog/category/carta/index-2.html) (169 words)
- [Issue briefs](/content/sg/en/blog/category/issue-briefs/index-2.html) (163 words)
- [Product education](/content/sg/en/blog/category/product-education/index-2.html) (163 words)
- [Trends](/content/sg/en/blog/category/trends/index-2.html) (182 words)
- [Carta Law Archives | Carta](/content/sg/en/blog/category/carta-law/index-2.html) (196 words)
- [Limited Liability Companies Archives | Carta](/content/sg/en/blog/category/limited-liability-companies/index-2.html) (127 words)
- [Liquidity](/content/sg/en/blog/category/liquidity/index-2.html) (166 words)
- [Educational essentials](/content/sg/en/blog/category/educational-essentials/index-2.html) (174 words)
- [Policy](/content/sg/en/blog/category/policy/index-2.html) (190 words)
- [Compliance Archives | Carta](/content/sg/en/blog/category/compliance/index.html) (242 words)
- [Founder education](/content/sg/en/blog/category/founder-education/index-2.html) (183 words)
- [Employee resource center](/content/sg/en/blog/category/employee-resource-center/index-2.html) (181 words)
- [From our CEO](/content/sg/en/blog/category/from-our-ceo/index-2.html) (171 words)
- [Building Carta](/content/sg/en/blog/category/building-carta/index-2.html) (150 words)
- [Carta 2024 Innovators Summit Archives | Carta](/content/sg/en/blog/category/innovators-summit/index-2.html) (194 words)
- [Markets](/content/sg/en/blog/category/markets/index-2.html) (140 words)
- [APAC & MENA Archives | Carta](/content/sg/en/blog/category/apac/index-2.html) (231 words)
- [Employee Compensation: A Founder's Guide to Compensation Packages](/content/sg/en/blog/category/compensation/index-2.html): Learn how to build a competitive employee compensation package to attract top talent and stay compliant as you scale. (184 words)
- [Announcements](/content/sg/en/blog/category/announcements/index-2.html) (214 words)
- [Fundraising Files Archives | Carta](/content/sg/en/blog/category/fundraising-files/index-2.html) (236 words)
- [Data & research](/content/sg/en/blog/category/data-research/index-2.html) (240 words)
- [409A Valuations Archives | Carta](/content/sg/en/blog/category/409a-valuations/index-2.html) (160 words)
- [The Carta Handbook for Late-Stage Private Companies](/content/sg/en/blog/category/late-stage-private-companies/index-2.html): Leaders at mature private companies have plenty to navigate on their way to an eventual exit. This handbook lays out key steps and provides tips.
 (207 words)
- [Policy newsletter](/content/sg/en/blog/category/policy-newsletter/index-2.html) (167 words)
- [Fundraising Archives | Carta](/content/sg/en/blog/category/startup-fundraising/index-2.html) (161 words)
- [Europe Archives | Carta](/content/sg/en/blog/category/europe/index-2.html) (201 words)
- [Initial Public Offerings Archives | Carta](/content/sg/en/blog/category/initial-public-offerings/index-2.html) (100 words)
- [How we work](/content/sg/en/blog/category/how-we-work/index-2.html) (136 words)
- [Fund Tax Archives | Carta](/content/sg/en/blog/category/fund-tax/index-2.html) (162 words)
- [Investors](/content/sg/en/blog/category/investors/index-2.html) (211 words)
- [VC Spotlight Archives | Carta](/content/sg/en/blog/category/vc-spotlight/index-2.html) (178 words)
- [Fund Administration Archives | Carta](/content/sg/en/blog/category/fund-administration/index-2.html) (184 words)
- [Featured](/content/sg/en/blog/category/featured/index-2.html) (229 words)
- [Innovator Stories Archives | Carta](/content/sg/en/blog/category/innovator-stories/index.html) (250 words)
- [Venture Capital Archives | Carta](/content/sg/en/blog/category/venture-capital/index-2.html) (232 words)
- [CTC Archives | Carta](/content/sg/en/blog/category/ctc/index-2.html) (69 words)
- [Private Capital Spotlight  Archives | Carta](/content/sg/en/blog/category/private-capital-spotlight/index-2.html) (226 words)
- [Private equity regulatory insights Archives | Carta](/content/sg/en/blog/category/private-equity-regulatory-insights/index.html) (84 words)
- [Carta Launch Archives | Carta](/content/sg/en/blog/category/carta-launch/index-2.html) (35 words)
- [Latin America Archives | Carta](/content/sg/en/blog/category/latin-america/index-2.html) (65 words)
- [Special Purpose Vehicles Archives | Carta](/content/sg/en/blog/category/special-purpose-vehicles/index-2.html) (37 words)
- [Valuations Archives | Carta](/content/sg/en/blog/category/valuations/index-2.html) (97 words)
- [Sahas Singh](/content/author/sahas-singh/index-2.html): Sahas Singh is an author at Carta. (133 words)
- [Spencer Holton](/content/author/spencer-holton/index-2.html): Spencer works on Carta’s product team, focusing on the investor experience for VC firms and their LPs. Prior to joining Carta, Spencer worked at a VC fund investing in early-stage startups. (77 words)
- [Michael Aldridge](/content/author/michael-aldridge/index-2.html): Michael Aldridge is Senior Director of Sales at Carta, driving the global commercial strategy and execution for Carta's LP Portfolio Analytics solution. Previously, he was the Co-founder, President and Chief Revenue Officer of Accelex (acquired by Carta). (235 words)
- [Sean Dugan](/content/author/seandugan/index-2.html): Sean Dugan has a JD and LLM in taxation. He has over eight years of experience in private client services specializing in individual tax treatment of equity compensation. In his spare time, he loves a good book, going for a run, and rooting for his Boston Celtics. (83 words)
- [Michael Wu](/content/author/michael-wu/index-2.html): Mike joined Carta in 2014 and is General Counsel. Prior to Carta, he practiced startup law in Palo Alto, and prior that, worked at an early stage social venture in East Palo Alto teaching entrepreneurship. He’s passionate about startups and&nbsp;entrepreneurship. (87 words)
- [Amanda Domingues](/content/author/amanda-domingues/index-2.html): As a seasoned Technical Leader, Amanda Domingues specializes in bridging the gap between Carta's customers, our Product, and our Delivery Teams. With a solid seven-year tenure at Carta, Amanda brings a wealth of experience to ensure you extract maximum value from our platform. (81 words)
- [Ray Raff](/content/author/ray-raff/index-2.html): Ray is a CEP that came to Carta in 2015 and is currently working on tax compliance. Prior to joining Carta, he worked as a VC and M&amp;A tax associate for PwC. (63 words)
- [Josh Durst-Weisman](/content/author/joshweisman/index-2.html): Josh works in marketing and sales at Carta. Prior to tech, he spent several years in Los Angeles as a TV producer and writer of bad horror movies. (63 words)
- [Anthony Cimino](/content/author/anthony-cimino/index-2.html): Anthony Cimino leads public policy for Carta's Policy Team. He's spent his career in the public and private sectors working on financial services public policy. (228 words)
- [Data scientist](/content/author/lucy-wang/index-2.html): Lucy Wang is a data scientist at Carta. (130 words)
- [Charlie Pennington](/content/author/charlie-pennington/index-2.html): Charlie Pennington is a leading expert in guiding startup founders through growth and scalability challenges. As the head of Carta’s go-to-market and sales efforts for equity management and fundraising in AMEA, he has expanded Carta’s reach across the Middle East, Southeast Asia, Australia, New Zealand, and Africa. (130 words)
- [Elaine Wong](/content/author/elaine-wong/index-2.html): Elaine Wong leads Brand & Content Marketing for Carta's AMEA region, covering Asia-Pacific, the Middle East, and Africa. She develops go-to-market strategy, content, and communications for private markets professionals navigating equity management and fund administration. (80 words)
- [Webb Allen ](/content/author/webb-allen/index-2.html): Webb Allen is the lead product manager for cap table at Carta. (130 words)
- [Ashley Thor](/content/sg/en/author/ashley-thor/index-2.html): Ashley Thor is on Carta's APAC marketing team. (52 words)
- [Chan Mi Goh](/content/sg/en/author/chan-mi-goh/index-2.html): Chan Mi Goh is on Carta's APAC marketing team. (56 words)
- [Jordan Agnew](/content/author/jordan-agnew/index-2.html): Jordan Agnew is a Group Product Manager at Carta. (100 words)
- [Michael Meng](/content/author/michael-meng/index-2.html): Michael Meng leads private equity GTM & Partnerships at Carta. He oversees external ecosystem relationships across the private equity platform to fully support Carta's clients throughout their lifecycle—from setup and launch to distribution and wind-down. (87 words)
- [Jazlyn Chew](/content/author/jazlyn-chew/index-2.html): Jazlyn Chew partners with startups across APAC and ANZ at Carta, supporting them through all stages of growth with equity management, fundraising, and audit readiness. (147 words)
- [Stephen Prihoda](/content/sg/en/author/stephen-prihoda/index-2.html): Stephen has serviced a wide range of alternative investment vehicles over the course of his career. He focuses on building operational infrastructure in addition to managing the learning and development of Carta’s fund administration team. (71 words)
- [Caroline Joseph](/content/author/caroline-joseph/index-2.html): Caroline Joseph is a marketing manager at Carta, representing international markets. Prior to Carta, she worked in campaign marketing and communications for a range of businesses, helping to promote tech solutions to global intersectional issues – such as the climate and female health. (290 words)
- [Rita Astoor](/content/sg/en/author/ritaastoor/index-2.html): Rita Astoor is the Director of Carta’s Venture Capital & Private Equity Business Development team. She also teaches a course on Venture Funds at UC Berkeley School of Law. Prior to joining Carta, Rita was a practicing investment fund attorney. (203 words)
- [Viba Subramaniam](/content/author/vibasubramaniam/index-2.html): Viba works as a product designer at Carta, specializing in tools for early-stage founders. Outside of work, she loves to paint, scuba dive in tropical water, and learn about different cultures and histories through travel. (78 words)
- [Calvin Cheng, CEP](/content/author/calvin-cheng/index-2.html): Calvin Cheng supports ASC718 reports within Carta’s Financial Reporting tool. Calvin has a deep understanding of equity compensation accounting and holds both Certified Equity Professional (CEP) and Advanced Equity Compensation Accounting (AECA) designations from the Certified Equity Professional Institute (CEPI). (75 words)
- [Equity education](/content/sg/en/blog/category/equity-education/index-2.html) (151 words)
- [Laurence Baker](/content/author/laurence-baker/index.html): Laurence has over 15 years of B2B marketing experience, having worked with global brands including Universal Pictures, Toshiba, and Sky. Since 2016 he has focused on regulated industries, spanning fintech, regtech, and legal technology for private markets. (237 words)
- [Igor Oliveira](/content/author/igor-oliveira/index-2.html): Igor Oliveira has more than 10 years of experience in IT service and software delivery. Igor leads Private Equity SaaS onboarding for Carta, helping clients navigate complex implementation with confidence. (137 words)
- [Adam Freudenstein](/content/author/adam-freudenstein/index-2.html): Adam Freudenstein is a senior marketing specialist for Carta LLC & Private Equity. (117 words)
- [Kyler Thomas](/content/author/kyler-thomas/index-2.html): Kyler Thomas is a director of fund administration at Carta. He is both a Certified Public Accountant and a CFA Charterholder. (82 words)
- [Simon Tang](/content/author/simon-tang/index-2.html): Simon Tang is Head of US Sales for Carta LP Portfolio Analytics. Previously, he was a Director at Accelex (acquired by Carta). (147 words)
- [Mica Cole, CEP](/content/author/mica-cole/index-2.html): Mica Cole holds a CEP and is a Senior Product Manager for Carta's LLC business unit, where he focuses on streamlining equity administration in complex business structures. (80 words)
- [Eli Kramer](/content/author/eli-kramer/index-2.html): Eli Kramer has over decade of experience working in venture capital and private equity fund administration. Since joining Carta in 2018, he's worked closely with the fund administration and product teams to provide expertise for creating Carta's best-in-class, software-lead solution to fund administration. (89 words)
- [Ann Sun](/content/author/ann-sun/index-2.html): Ann Sun is a data science manager at Carta. (53 words)
- [Josephine Koh](/content/author/josephine-koh/index-2.html): Josephine Koh is the Director of Investor Services for Asia Pacific & Middle East at Carta, and has over 17 years of experience in the asset management industry. She was an integral member of the international expansion team when Carta launched its first international office, building the fund administration book of business. Prior to joining Carta, she was the Co-Founder and COO at Insignia Venture Partners. (280 words)
- [Angelina Lam, EA](/content/author/angelina-lam/index-2.html): Angelina Lam is an Enrolled Agent (EA) and Senior Tax Advisor at Carta. She has eight years of tax experience, specializing in tax advisory and consulting for individuals and their equity compensation. (106 words)
- [Jackie Ammon](/content/author/jackieammon/index-2.html): Jackie leads Carta’s private equity business development team. She spent the last decade of her career as a Silicon Valley transactional attorney, advising companies and investors on general corporate matters, fundraising, and liquidity events. Despite long nights studying and practicing law, and to the shock of colleagues, she does not drink coffee. (270 words)
- [Victor Klein](/content/author/victor-klein/index-2.html): Victor Klein is the Director of Liquidity Services at Carta. He has over 15 years of experience in the private and public equity space and is passionate about helping issuers navigate the challenging move from private to public. (73 words)
- [Shelby Whitefield, CPA](/content/author/shelby-skoczylas-cpa/index-2.html): Shelby is a CPA with over 10 years of experience in tax accounting and compliance. Currently, Shelby works in Tax Operations at Carta, helping to bridge the gap between technical tax advisory and product development to build better solutions for customers. (160 words)
- [CLONE-- CLONE-- Christina Cheledinas](/content/author/christina-cheledinas/index.html): Christina Cheledinas is a Business Development Manager for Carta LLC & Private Equity. (34 words)
- [Michael Young, PhD](/content/author/michael-young/index-2.html): Michael Young is a senior data scientist at Carta with a focus on Fund Administration and Private Market Liquidity. (188 words)
- [Josh Steinfeld](/content/author/josh-steinfeld/index-2.html): Josh Steinfeld leads product strategy for Carta Total Compensation. Josh has been a compensation professional for the last 20 years, most recently leading compensation at Google for YouTube and Google’s corporate functions. (283 words)
- [Sam Engel](/content/author/sam-engel/index-2.html): Sam Engel is a Lead Product Marketing Manager at Carta. (221 words)
- [Nathania Fuad](/content/author/nathania-fuad/index-2.html): Nathania Fuad is a Senior Product Manager at Carta. (238 words)
- [Leah Rodriguez](/content/author/leah-rodriguez/index-2.html): Leah Rodriguez is a Principal Product Marketing Manager at Carta. (243 words)
- [John Hoffman](/content/author/john-hoffman/index-2.html): John Hoffman is a Lead Product Manager at Carta. (130 words)
- [Jaron Wright, CFA](/content/author/jaron-wright/index-2.html): Jaron Wright is a Chartered Financial Analyst (CFA®) and the Director of Financial Reporting Services at Carta. He has more than a decade of experience working with clients on 409A valuations and on implementing equity compensation tools. (111 words)
- [Hilary Friesen](/content/author/hilary-friesen/index-2.html): Hilary Friesen has been on Carta's finance team since 2019, coming over with the Canadian acqui-hire of Kik Interactive. Hilary is Carta's equity administrator and has over a decade of experience in accounting and payroll. (65 words)
- [Sam Engel](/content/sg/en/author/sam-engel/index-2.html): Sam Engel is a Lead Product Marketing Manager at Carta. (197 words)
- [Cesar Ruiz](/content/sg/en/author/cesar-ruiz/index-2.html): Cesar Ruiz is a product marketing manager at Carta. (221 words)
- [Lucy Hoyle](/content/author/lucy-hoyle/index-2.html): Lucy Hoyle is a Senior Content Engineer at Carta. She oversees editorial processes, AI search optimization (AEO) strategy, and the use of AI to optimise marketing systems. She previously supported Carta teams in Europe, Asia-Pacific, and the Middle East with localised content and international SEO. (258 words)
- [Samantha Widman](/content/author/samanthawidman/index-2.html): Samantha Widman, a product manager at Carta, boasts three years of experience in the ASC 718 industry and holds a Master of Science in Advanced Data Science. (118 words)
- [Natasha Arora](/content/author/natasha-arora/index-2.html): Natasha Arora is the head of business development for corporations at Carta, where she focuses on our top partner relationships with law firms, VCs, and accelerators, as well as creating products that revolutionize the fundraising experience for founders. As a former attorney specializing in emerging companies and VC at the top venture law firms, Natasha brings invaluable insights into the startup ecosystem. She has represented companies from formation to unicorn status and VC firms in their investments. Natasha holds a J.D. from the University of California, Berkeley School of Law. (153 words)
- [Ashley Thor](/content/uk/en/author/ashley-thor/index.html): Ashley Thor is on Carta's APAC marketing team. (54 words)
- [Chan Mi Goh](/content/uk/en/author/chan-mi-goh/index.html): Chan Mi Goh is on Carta's APAC marketing team. (57 words)
- [Stephen Prihoda](/content/author/stephen-prihoda/index-2.html): Stephen has serviced a wide range of alternative investment vehicles over the course of his career. He focuses on building operational infrastructure in addition to managing the learning and development of Carta’s fund administration team. (91 words)
- [Chad Willbur](/content/author/chad-willbur/index-2.html): Chad Willbur is the GM of Carta's valuations business. (153 words)
- [Rita Astoor](/content/author/ritaastoor/index-2.html): Rita Astoor is the Director of Carta’s Venture Capital & Private Equity Business Development team. She also teaches a course on Venture Funds at UC Berkeley School of Law. Prior to joining Carta, Rita was a practicing investment fund attorney. (187 words)
- [Vrushali Paunikar](/content/author/vrushali-paunikar/index-2.html): Vrushali Paunikar is Vice President of product for Investor Services at Carta. She is a fan of Luca Pacioli and believes that we can change the world through accounting. On a normal day, you’ll find her spilling tea all over the office and keeping diligent tabs on the office #doggies Slack channel. (281 words)
- [The Carta Policy Team](/content/author/the-carta-policy-team/index.html): Carta’s Policy Team aims to connect the policymaking community and venture ecosystem to build an ownership economy and advance policies that support private companies, their employees, and their investors. (231 words)
- [Scarlett Pierce](/content/author/scarlett-pierce/index-2.html): Scarlett Pierce is a Senior Manager in Product Marketing focused on Carta’s investor products. She joined the Carta team in 2022 with the acquisition of European equity management startup Capdesk. Prior to Capdesk, Scarlett worked as a digital marketer for the UK government, Amazon Alexa, and Louis Vuitton. She lives in New York. (255 words)
- [Kristoffer Warren, CAIA](/content/author/kristoffer-warren-caia/index-2.html): Kristoffer Warren has been at Carta since 2017. Kristoffer began his career in alternative finance by participating with Entrepreneurs and Angel Investors completing early-stage financings across the Pacific Northwest. Kristoffer received his Master of Science in Finance (“MSF”) from Seattle University and is a CAIA Charterholder. Previously, Kristoffer graduated Summa Cum Laude from the University of Washington’s School of Business, Bothell. (226 words)
- [Sophie-Gabrielle Hermanns | Carta](/content/author/sophie-gabrielle-hermanns/index-2.html): Sophie-Gabrielle Hermanns is a data scientist at Carta specializing in private equity, compensation, and LLC data modeling and analysis. (63 words)
- [Henry Ward](/content/author/henry-ward/index.html): Henry is the CEO of Carta. (271 words)
- [Holli Heiles Pandol](/content/author/holli-heiles-pandol/index-2.html): Holli Heiles Pandol is Carta’s Policy Counsel. Prior to Carta, Holli helped shape financial and capital markets policy on Capitol Hil as a senior advisor and Director of Intergovernmental and Legislative Affairs at the SEC under former Chairman Jay Clayton. (245 words)
- [Michael Sechuga](/content/author/michael-sechuga/index-2.html): Michael Sechuga is a Senior Technical Manager at Carta, where he guides companies through the requirements of QSBS qualification with precise tax analysis. With a robust background that bridges the gap between accounting and law, Michael brings a unique perspective to his role. Michael's approach combines meticulous attention to detail with a deep regulatory knowledge, crafting strategic solutions that maximize QSBS benefits and ensure compliance. His work supports Carta's mission by empowering founders, investors, and companies to navigate the QSBS landscape with confidence. Michael holds a MSA and JD from Indiana University. (199 words)
- [Ashley Neville](/content/author/ashley-neville/index-2.html): Ashley Neville leads strategy for the Insights team at Carta, bringing 15 years of experience in the data industry. A former evangelist for Tableau and Salesforce, she is an expert in data culture and literacy who is passionate about helping people harness the power of data. Ashley studied economics at Georgetown. (292 words)
- [Product education](/content/blog/category/product-education/index-2.html) (157 words)
- [Policy](/content/blog/category/policy/index-2.html) (233 words)
- [Trends](/content/blog/category/trends/index-2.html) (182 words)
- [VC Spotlight Archives | Carta](/content/blog/category/vc-spotlight/index-2.html) (166 words)
- [Venture Capital Archives | Carta](/content/blog/category/venture-capital/index-2.html) (232 words)
- [Private Companies Archives | Carta](/content/blog/category/private-companies/index-2.html) (227 words)
- [Private Capital Spotlight  Archives | Carta](/content/blog/category/private-capital-spotlight/index-2.html) (225 words)
- [Valuations Archives | Carta](/content/blog/category/valuations/index-2.html) (97 words)
- [Markets](/content/blog/category/markets/index-2.html) (140 words)
- [The Carta Handbook for Late-Stage Private Companies](/content/blog/category/late-stage-private-companies/index-2.html): Leaders at mature private companies have plenty to navigate on their way to an eventual exit. This handbook lays out key steps and provides tips.
 (191 words)
- [Private equity regulatory insights Archives | Carta](/content/blog/category/private-equity-regulatory-insights/index-2.html) (67 words)
- [Innovator Stories Archives | Carta](/content/blog/category/innovator-stories/index-2.html) (244 words)
- [Fundraising Files Archives | Carta](/content/blog/category/fundraising-files/index-2.html) (236 words)
- [Liquidity](/content/blog/category/liquidity/index-2.html) (172 words)
- [Investors](/content/blog/category/investors/index-2.html) (217 words)
- [Fund Tax Archives | Carta](/content/blog/category/fund-tax/index-2.html) (156 words)
- [Limited Liability Companies Archives | Carta](/content/blog/category/limited-liability-companies/index-2.html) (127 words)
- [How we work](/content/blog/category/how-we-work/index-2.html) (136 words)
- [From our CEO](/content/blog/category/from-our-ceo/index-2.html) (171 words)
- [Issue briefs](/content/blog/category/issue-briefs/index-2.html) (185 words)
- [Special Purpose Vehicles Archives | Carta](/content/blog/category/special-purpose-vehicles/index-2.html) (32 words)
- [Latin America Archives | Carta](/content/blog/category/latin-america/index-2.html) (65 words)
- [Hamza Shad](/content/author/hamza-shad/index-2.html): Hamza Shad is an insights manager at Carta, where he analyzes data on the VC and startup ecosystem. Previously, he conducted research on entrepreneurship in emerging markets at Endeavor. (249 words)
- [Fund Administration Archives | Carta](/content/blog/category/fund-administration/index-2.html) (184 words)
- [Founder education](/content/blog/category/founder-education/index-2.html) (189 words)
- [Fundraising Archives | Carta](/content/blog/category/startup-fundraising/index-2.html) (161 words)
- [Featured](/content/blog/category/featured/index.html) (229 words)
- [Educational essentials](/content/blog/category/educational-essentials/index-2.html) (145 words)
- [APAC & MENA Archives | Carta](/content/blog/category/apac/index-2.html) (231 words)
- [Data & research](/content/blog/category/data-research/index-2.html) (240 words)
- [Equity Archives | Carta](/content/blog/category/equity/index-2.html) (180 words)
- [Europe Archives | Carta](/content/blog/category/europe/index-2.html) (236 words)
- [Initial Public Offerings Archives | Carta](/content/blog/category/initial-public-offerings/index-2.html) (100 words)
- [Announcements](/content/blog/category/announcements/index-2.html) (214 words)
- [Carta 2024 Innovators Summit Archives | Carta](/content/blog/category/innovators-summit/index-2.html) (194 words)
- [Carta Law Archives | Carta](/content/blog/category/carta-law/index-2.html) (196 words)
- [Compliance Archives | Carta](/content/blog/category/compliance/index-2.html) (236 words)
- [Employee resource center](/content/blog/category/employee-resource-center/index-2.html) (157 words)
- [Carta Fund CRM for Private Equity & VC: Deal Flow & LP Investor Relations](/content/blog/category/crm/index-2.html): Learn more about Carta's Fund CRM for private equity and venture capital, including Deal CRM for deal flow management to LP CRM for investor relations. (193 words)
- [Carta](/content/blog/category/carta/index-2.html) (169 words)
- [Equity education](/content/blog/category/equity-education/index-2.html) (161 words)
- [Employee Compensation: A Founder's Guide to Compensation Packages](/content/blog/category/compensation/index-2.html): Learn how to build a competitive employee compensation package to attract top talent and stay compliant as you scale. (190 words)
- [Building Carta](/content/blog/category/building-carta/index-2.html) (131 words)
- [CTC Archives | Carta](/content/blog/category/ctc/index-2.html) (69 words)
- [Carta Launch Archives | Carta](/content/blog/category/carta-launch/index-2.html) (35 words)
- [Stuart Tait](/content/uk/en/author/stuart-tait/index.html): Stuart Tait is a Senior Account Executive for Carta LP Portfolio Analytics. (50 words)
- [The Carta Team](/content/author/the-carta-team/index-2.html): Carta's best-in-class software, services, and resources are designed to promote clarity and connection in the private capital ecosystem. By combining industry experience with proprietary data and real customer stories, our content offers expert guidance and clear, actionable insights for companies and investors. (274 words)
- [Nicole Kahn](/content/uk/en/author/nicole-kahn/index.html): Nicole Kahn is the VP of Design at Carta. (125 words)
- [Peter Walker](/content/author/peter-walker/index-2.html): Peter Walker runs the Insights team at Carta, focused on discovering key data and narratives across the private capital ecosystem. In a former life, he was a marketing executive for a media analytics startup and led the data visualization team at the Covid Tracking Project. (259 words)
- [Kevin Dowd](/content/author/kevin-dowd/index-2.html): Kevin Dowd is a senior writer covering the private markets. Prior to joining Carta, he reported on venture capital and private equity at Forbes, where he wrote the Deal Flow newsletter, and at PitchBook, where he wrote The Weekend Pitch. (321 words)
- [Janet Deng](/content/author/janet-deng/index-2.html): Janet Deng is a senior data scientist at Carta focused on Private Equity. (211 words)
- [409A Valuations Archives | Carta](/content/blog/category/409a-valuations/index-2.html) (160 words)
- [Policy newsletter](/content/blog/category/policy-newsletter/index-2.html) (166 words)
- [Nicole Kahn](/content/sg/en/author/nicole-kahn/index.html): Nicole Kahn is the VP of Design at Carta. (129 words)
- [Gwynneth Mazzola](/content/sg/en/author/gwynneth-mazzola/index.html): Gwynneth Mazzola is focused on strategic venture capital  relationships and partnerships at Carta. Prior to joining Carta, she spent 12 years in the investment industry, investing and managing institutional portfolios for sophisticated LPs. (83 words)
- [Viba Subramaniam](/content/sg/en/author/vibasubramaniam/index.html): Viba works as a product designer at Carta, specializing in tools for early-stage founders. Outside of work, she loves to paint, scuba dive in tropical water, and learn about different cultures and histories through travel. (77 words)
- [Eric Morelli](/content/uk/en/author/ericmorelli/index.html): Eric Morelli is a senior product manager focused on building out Carta’s mobile experiences. Prior to joining Carta, he spent time working in the consumer messaging app space as well as developing AI products for enterprise customers. (95 words)
- [Olga Serhiyevich](/content/sg/en/author/olga-serhiyevich/index.html): Olga Serhiyevich is the Founder of Lynx Point, an advisory firm focused on advising private market GPs on their go-to-market strategy and incubation of niche private market strategies. (77 words)
- [Jordan Agnew](/content/uk/en/author/jordan-agnew/index.html): Jordan Agnew is a Group Product Manager at Carta. (100 words)
- [Stuart Tait](/content/sg/en/author/stuart-tait/index.html): Stuart Tait is a Senior Account Executive for Carta LP Portfolio Analytics. (50 words)
- [Nicole Kahn](/content/author/nicole-kahn/index.html): Nicole Kahn is the VP of Design at Carta. (126 words)
- [Ray Raff](/content/author/ray-raff/index.html): Ray is a CEP that came to Carta in 2015 and is currently working on tax compliance. Prior to joining Carta, he worked as a VC and M&amp;A tax associate for PwC. (63 words)
- [Michael Meng](/content/sg/en/author/michael-meng/index.html): Michael Meng leads private equity GTM & Partnerships at Carta. He oversees external ecosystem relationships across the private equity platform to fully support Carta's clients throughout their lifecycle—from setup and launch to distribution and wind-down. (87 words)
- [Reed McBride](/content/author/reed_mcbride/index.html): Reed McBride joined Carta in 2019 and is VP of Strategic Partnerships + Ecosystem at Carta, and an active early-stage investor. Reed started his career as a start-up attorney at Orrick, advising tech companies on billions of dollars of VC and M&A transactions. He then scaled two start-ups over five years, building new teams and leading a diverse range of functions. Reed holds a BS in Mechanical Engineering with Highest Honors from the University of Illinois and a JD from Berkeley Law, where he graduated Order of the Coif and served on the California Law Review. When he's not at work, you can usually find him on a trail with his three kids. (370 words)
- [Webb Allen ](/content/uk/en/author/webb-allen/index.html): Webb Allen is the lead product manager for cap table at Carta. (151 words)
- [Ann Sun](/content/author/ann-sun/index.html): Ann Sun is a data science manager at Carta. (53 words)
- [Chad Willbur](/content/sg/en/author/chad-willbur/index.html): Chad Willbur is the GM of Carta's valuations business. (161 words)
- [Stuart Tait](/content/author/stuart-tait/index.html): Stuart Tait is a Senior Account Executive for Carta LP Portfolio Analytics. (50 words)
- [Daniela Ogliaro, CEP](/content/sg/en/author/daniela-ogliaro/index.html): Daniela Ogliaro is a Certified Equity Professional (CEP) on the Carta Launch Business Team. Daniela joined Carta four years ago and has a background in cap table clean-ups and cap table preparation for liquidity events. (72 words)
- [Kyler Thomas](/content/sg/en/author/kyler-thomas/index.html): Kyler Thomas is a director of fund administration at Carta. He is both a Certified Public Accountant and a CFA Charterholder. (102 words)
- [Tyler Haberman](/content/sg/en/author/tyler-haberman/index.html): Tyler Haberman is a Lead Product Marketing Manager at Carta. (169 words)
- [Eric Morelli](/content/sg/en/author/ericmorelli/index.html): Eric Morelli is a senior product manager focused on building out Carta’s mobile experiences. Prior to joining Carta, he spent time working in the consumer messaging app space as well as developing AI products for enterprise customers. (95 words)
- [Viba Subramaniam](/content/uk/en/author/vibasubramaniam/index.html): Viba works as a product designer at Carta, specializing in tools for early-stage founders. Outside of work, she loves to paint, scuba dive in tropical water, and learn about different cultures and histories through travel. (78 words)
- [Ann Sun](/content/uk/en/author/ann-sun/index.html): Ann Sun is a data science manager at Carta. (55 words)
- [Calvin Cheng, CEP](/content/uk/en/author/calvin-cheng/index.html): Calvin Cheng supports ASC718 reports within Carta’s Financial Reporting tool. Calvin has a deep understanding of equity compensation accounting and holds both Certified Equity Professional (CEP) and Advanced Equity Compensation Accounting (AECA) designations from the Certified Equity Professional Institute (CEPI). (75 words)
- [Ray Raff](/content/sg/en/author/ray-raff/index.html): Ray is a CEP that came to Carta in 2015 and is currently working on tax compliance. Prior to joining Carta, he worked as a VC and M&amp;A tax associate for PwC. (64 words)
- [Ray Raff](/content/uk/en/author/ray-raff/index.html): Ray is a CEP that came to Carta in 2015 and is currently working on tax compliance. Prior to joining Carta, he worked as a VC and M&amp;A tax associate for PwC. (65 words)
- [Mica Cole, CEP](/content/sg/en/author/mica-cole/index.html): Mica Cole holds a CEP and is a Senior Product Manager for Carta's LLC business unit, where he focuses on streamlining equity administration in complex business structures. (80 words)
- [Spencer Holton](/content/sg/en/author/spencer-holton/index.html): Spencer works on Carta’s product team, focusing on the investor experience for VC firms and their LPs. Prior to joining Carta, Spencer worked at a VC fund investing in early-stage startups. (77 words)
- [Adam Freudenstein](/content/uk/en/author/adam-freudenstein/index.html): Adam Freudenstein is a senior marketing specialist for Carta LLC & Private Equity. (172 words)
- [Igor Oliveira](/content/uk/en/author/igor-oliveira/index.html): Igor Oliveira has more than 10 years of experience in IT service and software delivery. Igor leads Private Equity SaaS onboarding for Carta, helping clients navigate complex implementation with confidence. (156 words)
- [Ashley Thor](/content/author/ashley-thor/index.html): Ashley Thor is on Carta's APAC marketing team. (54 words)
- [Chan Mi Goh](/content/author/chan-mi-goh/index.html): Chan Mi Goh is on Carta's APAC marketing team. (56 words)
- [Jazlyn Chew](/content/uk/en/author/jazlyn-chew/index.html): Jazlyn Chew partners with startups across APAC and ANZ at Carta, supporting them through all stages of growth with equity management, fundraising, and audit readiness. (153 words)
- [Eric Morelli](/content/author/ericmorelli/index.html): Eric Morelli is a senior product manager focused on building out Carta’s mobile experiences. Prior to joining Carta, he spent time working in the consumer messaging app space as well as developing AI products for enterprise customers. (94 words)
- [Calvin Cheng, CEP](/content/author/calvin-cheng/index.html): Calvin Cheng supports ASC718 reports within Carta’s Financial Reporting tool. Calvin has a deep understanding of equity compensation accounting and holds both Certified Equity Professional (CEP) and Advanced Equity Compensation Accounting (AECA) designations from the Certified Equity Professional Institute (CEPI). (75 words)
- [Reed McBride](/content/sg/en/author/reed_mcbride/index.html): Reed McBride joined Carta in 2019 and is VP of Strategic Partnerships + Ecosystem at Carta, and an active early-stage investor. Reed started his career as a start-up attorney at Orrick, advising tech companies on billions of dollars of VC and M&A transactions. He then scaled two start-ups over five years, building new teams and leading a diverse range of functions. Reed holds a BS in Mechanical Engineering with Highest Honors from the University of Illinois and a JD from Berkeley Law, where he graduated Order of the Coif and served on the California Law Review. When he's not at work, you can usually find him on a trail with his three kids. (340 words)
- [Daniel Tonga](/content/uk/en/author/daniel-tonga/index.html): Daniel Tonga is the business lead for Carta’s gift and estate tax valuation practice, where he oversees sales, delivery, support, and valuation policy. Daniel joined Carta in January 2018 and has worked in various roles across customer support and valuations. He is also a frequent contributor to the #starwars, #guitar-people, and #basketball Slack channels. (94 words)
- [Victor Klein](/content/author/victor-klein/index.html): Victor Klein is the Director of Liquidity Services at Carta. He has over 15 years of experience in the private and public equity space and is passionate about helping issuers navigate the challenging move from private to public. (74 words)
- [Chan Mi Goh](/content/sg/en/author/chan-mi-goh/index.html): Chan Mi Goh is on Carta's APAC marketing team. (55 words)
- [Ashley Thor](/content/sg/en/author/ashley-thor/index.html): Ashley Thor is on Carta's APAC marketing team. (52 words)
- [Spencer Holton](/content/author/spencer-holton/index.html): Spencer works on Carta’s product team, focusing on the investor experience for VC firms and their LPs. Prior to joining Carta, Spencer worked at a VC fund investing in early-stage startups. (77 words)
- [Ann Hodge](/content/author/ann-hodge/index-2.html): Ann Hodge leads content strategy for Carta Equity Advisory. Before joining Carta, Ann worked at NerdWallet on the content strategy team. (187 words)
- [Reed McBride](/content/uk/en/author/reed_mcbride/index.html): Reed McBride joined Carta in 2019 and is VP of Strategic Partnerships + Ecosystem at Carta, and an active early-stage investor. Reed started his career as a start-up attorney at Orrick, advising tech companies on billions of dollars of VC and M&A transactions. He then scaled two start-ups over five years, building new teams and leading a diverse range of functions. Reed holds a BS in Mechanical Engineering with Highest Honors from the University of Illinois and a JD from Berkeley Law, where he graduated Order of the Coif and served on the California Law Review. When he's not at work, you can usually find him on a trail with his three kids. (327 words)
- [Patrick Daniel](/content/uk/en/author/patrick-daniel/index.html): PD trained as a lawyer with Slaughter and May before moving to the Freshfields banking team in London as an Associate. Upon completing his Advanced Masters in Philosophy and Democratic Theory, Patrick joined Avantia (now Carta Law) where he built the KYC business and now leads it as Managing Director of Compliance. (98 words)
- [Sean Dugan](/content/author/seandugan/index.html): Sean Dugan has a JD and LLM in taxation. He has over eight years of experience in private client services specializing in individual tax treatment of equity compensation. In his spare time, he loves a good book, going for a run, and rooting for his Boston Celtics. (83 words)
- [Jazlyn Chew](/content/sg/en/author/jazlyn-chew/index.html): Jazlyn Chew partners with startups across APAC and ANZ at Carta, supporting them through all stages of growth with equity management, fundraising, and audit readiness. (148 words)
- [Sahas Singh](/content/uk/en/author/sahas-singh/index.html): Sahas Singh is an author at Carta. (124 words)
- [Sahas Singh](/content/sg/en/author/sahas-singh/index.html): Sahas Singh is an author at Carta. (124 words)
- [Charly Kevers](/content/author/charlykevers/index.html): Charly is Carta’s Chief Financial Officer. (122 words)
- [Josh Durst-Weisman](/content/author/joshweisman/index.html): Josh works in marketing and sales at Carta. Prior to tech, he spent several years in Los Angeles as a TV producer and writer of bad horror movies. (63 words)
- [CLONE-- CLONE-- Christina Cheledinas](/content/uk/en/author/christina-cheledinas/index.html): Christina Cheledinas is a Business Development Manager for Carta LLC & Private Equity. (28 words)
- [Caroline Joseph](/content/sg/en/author/caroline-joseph/index.html): Caroline Joseph is a marketing manager at Carta, representing international markets. Prior to Carta, she worked in campaign marketing and communications for a range of businesses, helping to promote tech solutions to global intersectional issues – such as the climate and female health. (290 words)
- [Josh Durst-Weisman](/content/uk/en/author/joshweisman/index.html): Josh works in marketing and sales at Carta. Prior to tech, he spent several years in Los Angeles as a TV producer and writer of bad horror movies. (62 words)
- [Daniel Tonga](/content/sg/en/author/daniel-tonga/index.html): Daniel Tonga is the business lead for Carta’s gift and estate tax valuation practice, where he oversees sales, delivery, support, and valuation policy. Daniel joined Carta in January 2018 and has worked in various roles across customer support and valuations. He is also a frequent contributor to the #starwars, #guitar-people, and #basketball Slack channels. (113 words)
- [Ann Sun](/content/sg/en/author/ann-sun/index.html): Ann Sun is a data science manager at Carta. (55 words)
- [Carta](/content/sg/en/blog/category/carta/index.html) (175 words)
- [Sam Engel](/content/uk/en/author/sam-engel/index.html): Sam Engel is a Lead Product Marketing Manager at Carta. (197 words)
- [Trends](/content/sg/en/blog/category/trends/index.html) (182 words)
- [Employee Compensation: A Founder's Guide to Compensation Packages](/content/sg/en/blog/category/compensation/index.html): Learn how to build a competitive employee compensation package to attract top talent and stay compliant as you scale. (190 words)
- [Liquidity](/content/sg/en/blog/category/liquidity/index.html) (172 words)
- [Building Carta](/content/sg/en/blog/category/building-carta/index.html) (155 words)
- [Carta Fund CRM for Private Equity & VC: Deal Flow & LP Investor Relations](/content/sg/en/blog/category/crm/index.html): Learn more about Carta's Fund CRM for private equity and venture capital, including Deal CRM for deal flow management to LP CRM for investor relations. (199 words)
- [Markets](/content/sg/en/blog/category/markets/index.html) (152 words)
- [Charly Kevers](/content/uk/en/author/charlykevers/index.html): Charly is Carta’s Chief Financial Officer. (123 words)
- [Charly Kevers](/content/sg/en/author/charlykevers/index.html): Charly is Carta’s Chief Financial Officer. (129 words)
- [Natasha Arora](/content/uk/en/author/natasha-arora/index.html): Natasha Arora is the head of business development for corporations at Carta, where she focuses on our top partner relationships with law firms, VCs, and accelerators, as well as creating products that revolutionize the fundraising experience for founders. As a former attorney specializing in emerging companies and VC at the top venture law firms, Natasha brings invaluable insights into the startup ecosystem. She has represented companies from formation to unicorn status and VC firms in their investments. Natasha holds a J.D. from the University of California, Berkeley School of Law. (153 words)
- [Gwynneth Mazzola](/content/uk/en/author/gwynneth-mazzola/index.html): Gwynneth Mazzola is focused on strategic venture capital  relationships and partnerships at Carta. Prior to joining Carta, she spent 12 years in the investment industry, investing and managing institutional portfolios for sophisticated LPs. (82 words)
- [John Hoffman](/content/uk/en/author/john-hoffman/index.html): John Hoffman is a Lead Product Manager at Carta. (107 words)
- [Olga Serhiyevich](/content/uk/en/author/olga-serhiyevich/index.html): Olga Serhiyevich is the Founder of Lynx Point, an advisory firm focused on advising private market GPs on their go-to-market strategy and incubation of niche private market strategies. (77 words)
- [Nathania Fuad](/content/uk/en/author/nathania-fuad/index.html): Nathania Fuad is a Senior Product Manager at Carta. (239 words)
- [Calvin Cheng, CEP](/content/sg/en/author/calvin-cheng/index.html): Calvin Cheng supports ASC718 reports within Carta’s Financial Reporting tool. Calvin has a deep understanding of equity compensation accounting and holds both Certified Equity Professional (CEP) and Advanced Equity Compensation Accounting (AECA) designations from the Certified Equity Professional Institute (CEPI). (75 words)
- [Kyler Thomas](/content/uk/en/author/kyler-thomas/index.html): Kyler Thomas is a director of fund administration at Carta. He is both a Certified Public Accountant and a CFA Charterholder. (80 words)
- [Michael Aldridge](/content/uk/en/author/michael-aldridge/index.html): Michael Aldridge is Senior Director of Sales at Carta, driving the global commercial strategy and execution for Carta's LP Portfolio Analytics solution. Previously, he was the Co-founder, President and Chief Revenue Officer of Accelex (acquired by Carta). (235 words)
- [Hamza Shad](/content/sg/en/author/hamza-shad/index.html): Hamza Shad is an insights manager at Carta, where he analyzes data on the VC and startup ecosystem. Previously, he conducted research on entrepreneurship in emerging markets at Endeavor. (253 words)
- [Simon Tang](/content/uk/en/author/simon-tang/index.html): Simon Tang is Head of US Sales for Carta LP Portfolio Analytics. Previously, he was a Director at Accelex (acquired by Carta). (148 words)
- [Jenna Lee](/content/sg/en/author/jenna-lee/index.html): Jenna is a former member of the content team at Carta. Despite working in Fintech her entire career, she has never had a La Croix. (255 words)
- [Ashley Neville](/content/sg/en/author/ashley-neville/index.html): Ashley Neville leads strategy for the Insights team at Carta, bringing 15 years of experience in the data industry. A former evangelist for Tableau and Salesforce, she is an expert in data culture and literacy who is passionate about helping people harness the power of data. Ashley studied economics at Georgetown. (280 words)
- [Sophie-Gabrielle Hermanns | Carta](/content/author/sophie-gabrielle-hermanns/index.html): Sophie-Gabrielle Hermanns is a data scientist at Carta specializing in private equity, compensation, and LLC data modeling and analysis. (63 words)
- [Anthony Cimino](/content/author/anthony-cimino/index.html): Anthony Cimino leads public policy for Carta's Policy Team. He's spent his career in the public and private sectors working on financial services public policy. (228 words)
- [Patrick Daniel](/content/author/patrick-daniel/index.html): PD trained as a lawyer with Slaughter and May before moving to the Freshfields banking team in London as an Associate. Upon completing his Advanced Masters in Philosophy and Democratic Theory, Patrick joined Avantia (now Carta Law) where he built the KYC business and now leads it as Managing Director of Compliance. (98 words)
- [Vrushali Paunikar](/content/sg/en/author/vrushali-paunikar/index.html): Vrushali Paunikar is Vice President of product for Investor Services at Carta. She is a fan of Luca Pacioli and believes that we can change the world through accounting. On a normal day, you’ll find her spilling tea all over the office and keeping diligent tabs on the office #doggies Slack channel. (281 words)
- [Igor Oliveira](/content/author/igor-oliveira/index.html): Igor Oliveira has more than 10 years of experience in IT service and software delivery. Igor leads Private Equity SaaS onboarding for Carta, helping clients navigate complex implementation with confidence. (134 words)
- [Adam Freudenstein](/content/author/adam-freudenstein/index.html): Adam Freudenstein is a senior marketing specialist for Carta LLC & Private Equity. (117 words)
- [Michael Young, PhD](/content/sg/en/author/michael-young/index.html): Michael Young, PhD, is a data scientist at Carta. (201 words)
- [Sahas Singh](/content/author/sahas-singh/index.html): Sahas Singh is an author at Carta. (124 words)
- [Jackie Ammon](/content/author/jackieammon/index.html): Jackie leads Carta’s private equity business development team. She spent the last decade of her career as a Silicon Valley transactional attorney, advising companies and investors on general corporate matters, fundraising, and liquidity events. Despite long nights studying and practicing law, and to the shock of colleagues, she does not drink coffee. (277 words)
- [Webb Allen ](/content/author/webb-allen/index.html): Webb Allen is the lead product manager for cap table at Carta. (131 words)
- [Cesar Ruiz](/content/author/cesar-ruiz/index.html): Cesar Ruiz is a product marketing manager at Carta. (221 words)
- [Chad Willbur](/content/uk/en/author/chad-willbur/index.html): Chad Willbur is the GM of Carta's valuations business. (179 words)
- [Amanda Domingues](/content/sg/en/author/amanda-domingues/index.html): As a seasoned Technical Leader, Amanda Domingues specializes in bridging the gap between Carta's customers, our Product, and our Delivery Teams. With a solid seven-year tenure at Carta, Amanda brings a wealth of experience to ensure you extract maximum value from our platform. (80 words)
- [Jenna Lee](/content/uk/en/author/jenna-lee/index.html): Jenna is a former member of the content team at Carta. Despite working in Fintech her entire career, she has never had a La Croix. (255 words)
- [Michael Aldridge](/content/sg/en/author/michael-aldridge/index.html): Michael Aldridge is Senior Director of Sales at Carta, driving the global commercial strategy and execution for Carta's LP Portfolio Analytics solution. Previously, he was the Co-founder, President and Chief Revenue Officer of Accelex (acquired by Carta). (241 words)
- [Mica Cole, CEP](/content/uk/en/author/mica-cole/index.html): Mica Cole holds a CEP and is a Senior Product Manager for Carta's LLC business unit, where he focuses on streamlining equity administration in complex business structures. (82 words)
- [Mica Cole, CEP](/content/author/mica-cole/index.html): Mica Cole holds a CEP and is a Senior Product Manager for Carta's LLC business unit, where he focuses on streamlining equity administration in complex business structures. (82 words)
- [Charlie Pennington](/content/sg/en/author/charlie-pennington/index.html): Charlie Pennington is a leading expert in guiding startup founders through growth and scalability challenges. As the head of Carta’s go-to-market and sales efforts for equity management and fundraising in AMEA, he has expanded Carta’s reach across the Middle East, Southeast Asia, Australia, New Zealand, and Africa. (147 words)
- [Ann Hodge](/content/sg/en/author/ann-hodge/index.html): Ann Hodge leads content strategy for Carta Equity Advisory. Before joining Carta, Ann worked at NerdWallet on the content strategy team. (193 words)
- [Vanessa Chin](/content/uk/en/author/vanessa-chin/index.html): Vanessa Chin is an author at Carta. (140 words)
- [Anthony Cimino](/content/sg/en/author/anthony-cimino/index.html): Anthony Cimino leads public policy for Carta's Policy Team. He's spent his career in the public and private sectors working on financial services public policy. (228 words)
- [Shelby Whitefield, CPA](/content/sg/en/author/shelby-skoczylas-cpa/index.html): Shelby is a CPA with over 10 years of experience in tax accounting and compliance. Currently, Shelby works in Tax Operations at Carta, helping to bridge the gap between technical tax advisory and product development to build better solutions for customers. (133 words)
- [Angelina Lam, EA](/content/sg/en/author/angelina-lam/index.html): Angelina Lam is an Enrolled Agent (EA) and Senior Tax Advisor at Carta. She has eight years of tax experience, specializing in tax advisory and consulting for individuals and their equity compensation. (106 words)
- [Gwynneth Mazzola](/content/author/gwynneth-mazzola/index.html): Gwynneth Mazzola is focused on strategic venture capital  relationships and partnerships at Carta. Prior to joining Carta, she spent 12 years in the investment industry, investing and managing institutional portfolios for sophisticated LPs. (82 words)
- [Olga Serhiyevich](/content/author/olga-serhiyevich/index.html): Olga Serhiyevich is the Founder of Lynx Point, an advisory firm focused on advising private market GPs on their go-to-market strategy and incubation of niche private market strategies. (77 words)
- [Patrick Daniel](/content/sg/en/author/patrick-daniel/index.html): PD trained as a lawyer with Slaughter and May before moving to the Freshfields banking team in London as an Associate. Upon completing his Advanced Masters in Philosophy and Democratic Theory, Patrick joined Avantia (now Carta Law) where he built the KYC business and now leads it as Managing Director of Compliance. (98 words)
- [Michael Aldridge](/content/author/michael-aldridge/index.html): Michael Aldridge is Senior Director of Sales at Carta, driving the global commercial strategy and execution for Carta's LP Portfolio Analytics solution. Previously, he was the Co-founder, President and Chief Revenue Officer of Accelex (acquired by Carta). (229 words)
- [Josh Steinfeld](/content/author/josh-steinfeld/index.html): Josh Steinfeld leads product strategy for Carta Total Compensation. Josh has been a compensation professional for the last 20 years, most recently leading compensation at Google for YouTube and Google’s corporate functions. (284 words)
- [Kyler Thomas](/content/author/kyler-thomas/index.html): Kyler Thomas is a director of fund administration at Carta. He is both a Certified Public Accountant and a CFA Charterholder. (80 words)
- [Sam Engel](/content/sg/en/author/sam-engel/index.html): Sam Engel is a Lead Product Marketing Manager at Carta. (203 words)
- [Nathania Fuad](/content/sg/en/author/nathania-fuad/index.html): Nathania Fuad is a Senior Product Manager at Carta. (220 words)
- [John Hoffman](/content/sg/en/author/john-hoffman/index.html): John Hoffman is a Lead Product Manager at Carta. (110 words)
- [Scarlett Pierce](/content/sg/en/author/scarlett-pierce/index.html): Scarlett Pierce is a Senior Manager in Product Marketing focused on Carta’s investor products. She joined the Carta team in 2022 with the acquisition of European equity management startup Capdesk. Prior to Capdesk, Scarlett worked as a digital marketer for the UK government, Amazon Alexa, and Louis Vuitton. She lives in New York. (249 words)
- [Laurence Baker](/content/sg/en/author/laurence-baker/index.html): Laurence has over 15 years of B2B marketing experience, having worked with global brands including Universal Pictures, Toshiba, and Sky. Since 2016 he has focused on regulated industries, spanning fintech, regtech, and legal technology for private markets. (243 words)
- [Simon Tang](/content/sg/en/author/simon-tang/index.html): Simon Tang is Head of US Sales for Carta LP Portfolio Analytics. Previously, he was a Director at Accelex (acquired by Carta). (147 words)
- [Taylor Cook](/content/sg/en/author/taylor-cook/index-2.html): Taylor Cook is a valuations manager on Carta's Auditable Reporting team. He holds a Master of Science (M.Sc.) in Financial Analysis
from USFCA. (58 words)
- [Spencer Holton](/content/uk/en/author/spencer-holton/index.html): Spencer works on Carta’s product team, focusing on the investor experience for VC firms and their LPs. Prior to joining Carta, Spencer worked at a VC fund investing in early-stage startups. (77 words)
- [Sophie-Gabrielle Hermanns | Carta](/content/sg/en/author/sophie-gabrielle-hermanns/index.html): Sophie-Gabrielle Hermanns is a data scientist at Carta specializing in private equity, compensation, and LLC data modeling and analysis. (65 words)
- [Sam Engel](/content/author/sam-engel/index.html): Sam Engel is a Lead Product Marketing Manager at Carta. (203 words)
- [Samantha Widman](/content/sg/en/author/samanthawidman/index.html): Samantha Widman, a product manager at Carta, boasts three years of experience in the ASC 718 industry and holds a Master of Science in Advanced Data Science. (119 words)
- [Shubhi Nigam](/content/sg/en/author/shubhi-nigam/index.html): Shubhi Nigam is a lead product manager at Carta. (180 words)
- [Nathania Fuad](/content/author/nathania-fuad/index.html): Nathania Fuad is a Senior Product Manager at Carta. (220 words)
- [Kiley Roache | Carta](/content/sg/en/author/kiley-roache/index.html): Kiley Roache is an author at Carta. (313 words)
- [Michael Wu](/content/sg/en/author/michael-wu/index.html): Mike joined Carta in 2014 and is General Counsel. Prior to Carta, he practiced startup law in Palo Alto, and prior that, worked at an early stage social venture in East Palo Alto teaching entrepreneurship. He’s passionate about startups and&nbsp;entrepreneurship. (86 words)
- [Michael Wu](/content/uk/en/author/michael-wu/index.html): Mike joined Carta in 2014 and is General Counsel. Prior to Carta, he practiced startup law in Palo Alto, and prior that, worked at an early stage social venture in East Palo Alto teaching entrepreneurship. He’s passionate about startups and&nbsp;entrepreneurship. (87 words)
- [Sean Dugan](/content/sg/en/author/seandugan/index.html): Sean Dugan has a JD and LLM in taxation. He has over eight years of experience in private client services specializing in individual tax treatment of equity compensation. In his spare time, he loves a good book, going for a run, and rooting for his Boston Celtics. (84 words)
- [Laurence Baker](/content/uk/en/author/laurence-baker/index.html): Laurence has over 15 years of B2B marketing experience, having worked with global brands including Universal Pictures, Toshiba, and Sky. Since 2016 he has focused on regulated industries, spanning fintech, regtech, and legal technology for private markets. (237 words)
- [Janet Deng](/content/sg/en/author/janet-deng/index.html): Janet Deng is a senior data scientist at Carta focused on Private Equity. (226 words)
- [Charlie Pennington](/content/uk/en/author/charlie-pennington/index.html): Charlie Pennington is a leading expert in guiding startup founders through growth and scalability challenges. As the head of Carta’s go-to-market and sales efforts for equity management and fundraising in AMEA, he has expanded Carta’s reach across the Middle East, Southeast Asia, Australia, New Zealand, and Africa. (126 words)
- [Jordan Agnew](/content/sg/en/author/jordan-agnew/index.html): Jordan Agnew is a Group Product Manager at Carta. (100 words)
- [Jordan Agnew](/content/author/jordan-agnew/index.html): Jordan Agnew is a Group Product Manager at Carta. (100 words)
- [Elaine Wong](/content/uk/en/author/elaine-wong/index.html): Elaine Wong leads Brand & Content Marketing for Carta's AMEA region, covering Asia-Pacific, the Middle East, and Africa. She develops go-to-market strategy, content, and communications for private markets professionals navigating equity management and fund administration. (80 words)
- [Data scientist](/content/sg/en/author/lucy-wang/index.html): Lucy Wang is a data scientist at Carta. (138 words)
- [Victor Klein](/content/uk/en/author/victor-klein/index.html): Victor Klein is the Director of Liquidity Services at Carta. He has over 15 years of experience in the private and public equity space and is passionate about helping issuers navigate the challenging move from private to public. (72 words)
- [CLONE-- CLONE-- Christina Cheledinas](/content/sg/en/author/christina-cheledinas/index.html): Christina Cheledinas is a Business Development Manager for Carta LLC & Private Equity. (28 words)
- [Michael Meng](/content/author/michael-meng/index.html): Michael Meng leads private equity GTM & Partnerships at Carta. He oversees external ecosystem relationships across the private equity platform to fully support Carta's clients throughout their lifecycle—from setup and launch to distribution and wind-down. (86 words)
- [Natasha Arora](/content/sg/en/author/natasha-arora/index.html): Natasha Arora is the head of business development for corporations at Carta, where she focuses on our top partner relationships with law firms, VCs, and accelerators, as well as creating products that revolutionize the fundraising experience for founders. As a former attorney specializing in emerging companies and VC at the top venture law firms, Natasha brings invaluable insights into the startup ecosystem. She has represented companies from formation to unicorn status and VC firms in their investments. Natasha holds a J.D. from the University of California, Berkeley School of Law. (153 words)
- [Stephen Prihoda](/content/sg/en/author/stephen-prihoda/index.html): Stephen has serviced a wide range of alternative investment vehicles over the course of his career. He focuses on building operational infrastructure in addition to managing the learning and development of Carta’s fund administration team. (92 words)
- [Educational essentials](/content/sg/en/blog/category/educational-essentials/index.html) (133 words)
- [Equity Archives | Carta](/content/sg/en/blog/category/equity/index.html) (180 words)
- [Data & research](/content/sg/en/blog/category/data-research/index.html) (246 words)
- [Policy](/content/sg/en/blog/category/policy/index.html) (239 words)
- [Compliance Archives | Carta](/content/sg/en/blog/category/compliance/index-2.html) (230 words)
- [The Carta Handbook for Late-Stage Private Companies](/content/sg/en/blog/category/late-stage-private-companies/index.html): Leaders at mature private companies have plenty to navigate on their way to an eventual exit. This handbook lays out key steps and provides tips.
 (207 words)
- [409A Valuations Archives | Carta](/content/sg/en/blog/category/409a-valuations/index.html) (160 words)
- [Policy newsletter](/content/sg/en/blog/category/policy-newsletter/index.html) (166 words)
- [Carta 2024 Innovators Summit Archives | Carta](/content/sg/en/blog/category/innovators-summit/index.html) (194 words)
- [How we work](/content/sg/en/blog/category/how-we-work/index.html) (136 words)
- [Product education](/content/sg/en/blog/category/product-education/index.html) (163 words)
- [Founder education](/content/sg/en/blog/category/founder-education/index.html) (189 words)
- [Employee resource center](/content/sg/en/blog/category/employee-resource-center/index.html) (175 words)
- [Private Companies Archives | Carta](/content/sg/en/blog/category/private-companies/index-2.html) (227 words)
- [Initial Public Offerings Archives | Carta](/content/sg/en/blog/category/initial-public-offerings/index.html) (100 words)
- [Fundraising Files Archives | Carta](/content/sg/en/blog/category/fundraising-files/index.html) (254 words)
- [Issue briefs](/content/sg/en/blog/category/issue-briefs/index.html) (151 words)
- [Limited Liability Companies Archives | Carta](/content/sg/en/blog/category/limited-liability-companies/index.html) (142 words)
- [Europe Archives | Carta](/content/sg/en/blog/category/europe/index.html) (213 words)
- [From our CEO](/content/sg/en/blog/category/from-our-ceo/index.html) (146 words)
- [Fund Tax Archives | Carta](/content/sg/en/blog/category/fund-tax/index.html) (195 words)
- [Innovator Stories Archives | Carta](/content/sg/en/blog/category/innovator-stories/index-2.html) (92 words)
- [Announcements](/content/sg/en/blog/category/announcements/index.html) (214 words)
- [Fundraising Archives | Carta](/content/sg/en/blog/category/startup-fundraising/index.html) (133 words)
- [Investors](/content/sg/en/blog/category/investors/index.html) (217 words)
- [APAC & MENA Archives | Carta](/content/sg/en/blog/category/apac/index.html) (231 words)
- [CTC Archives | Carta](/content/sg/en/blog/category/ctc/index.html) (71 words)
- [Carta Launch Archives | Carta](/content/sg/en/blog/category/carta-launch/index.html) (36 words)
- [Featured](/content/sg/en/blog/category/featured/index.html) (229 words)
- [Fund Administration Archives | Carta](/content/sg/en/blog/category/fund-administration/index.html) (190 words)
- [Private Capital Spotlight  Archives | Carta](/content/sg/en/blog/category/private-capital-spotlight/index.html) (219 words)
- [Special Purpose Vehicles Archives | Carta](/content/sg/en/blog/category/special-purpose-vehicles/index.html) (32 words)
- [Private equity regulatory insights Archives | Carta](/content/sg/en/blog/category/private-equity-regulatory-insights/index-2.html) (67 words)
- [Venture Capital Archives | Carta](/content/sg/en/blog/category/venture-capital/index.html) (232 words)
- [Equity education](/content/sg/en/blog/category/equity-education/index.html) (125 words)
- [Michael Meng](/content/uk/en/author/michael-meng/index.html): Michael Meng leads private equity GTM & Partnerships at Carta. He oversees external ecosystem relationships across the private equity platform to fully support Carta's clients throughout their lifecycle—from setup and launch to distribution and wind-down. (87 words)
- [Henry Ward](/content/sg/en/author/henry-ward/index.html): Henry is the CEO of Carta. (263 words)
- [Kiley Roache | Carta](/content/uk/en/author/kiley-roache/index.html): Kiley Roache is an author at Carta. (313 words)
- [Jaron Wright, CFA](/content/sg/en/author/jaron-wright/index.html): Jaron Wright is a Chartered Financial Analyst (CFA®) and the Director of Financial Reporting Services at Carta. He has more than a decade of experience working with clients on 409A valuations and on implementing equity compensation tools. (100 words)
- [Michael Sechuga](/content/sg/en/author/michael-sechuga/index.html): Michael Sechuga is a Senior Technical Manager at Carta, where he guides companies through the requirements of QSBS qualification with precise tax analysis. With a robust background that bridges the gap between accounting and law, Michael brings a unique perspective to his role. Michael's approach combines meticulous attention to detail with a deep regulatory knowledge, crafting strategic solutions that maximize QSBS benefits and ensure compliance. His work supports Carta's mission by empowering founders, investors, and companies to navigate the QSBS landscape with confidence. Michael holds a MSA and JD from Indiana University. (201 words)
- [Daniela Ogliaro, CEP](/content/uk/en/author/daniela-ogliaro/index.html): Daniela Ogliaro is a Certified Equity Professional (CEP) on the Carta Launch Business Team. Daniela joined Carta four years ago and has a background in cap table clean-ups and cap table preparation for liquidity events. (73 words)
- [Josephine Koh](/content/uk/en/author/josephine-koh/index.html): Josephine Koh is the Director of Investor Services for Asia Pacific & Middle East at Carta, and has over 17 years of experience in the asset management industry. She was an integral member of the international expansion team when Carta launched its first international office, building the fund administration book of business. Prior to joining Carta, she was the Co-Founder and COO at Insignia Venture Partners. (280 words)
- [Lucy Hoyle](/content/sg/en/author/lucy-hoyle/index-2.html): Lucy Hoyle is a Senior Content Engineer at Carta. She oversees editorial processes, AI search optimization (AEO) strategy, and the use of AI to optimise marketing systems. She previously supported Carta teams in Europe, Asia-Pacific, and the Middle East with localised content and international SEO. (241 words)
- [Nick Dehn](/content/uk/en/author/nick-dehn/index.html): Nick Dehn is Senior Editor at Carta, where he helps lead editorial strategy and content development for the company’s corporations and investors audiences. Before joining Carta, Nick managed editorial operations at Paychex, Huckleberry, and Insurify. (199 words)
- [Vanessa Chin](/content/sg/en/author/vanessa-chin/index.html): Vanessa Chin is an author at Carta. (138 words)
- [Leah Rodriguez](/content/author/leah-rodriguez/index.html): Leah Rodriguez is a Principal Product Marketing Manager at Carta. (249 words)
- [Caroline Joseph](/content/uk/en/author/caroline-joseph/index.html): Caroline Joseph (290 words)
- [Jazlyn Chew](/content/author/jazlyn-chew/index.html): Jazlyn Chew partners with startups across APAC and ANZ at Carta, supporting them through all stages of growth with equity management, fundraising, and audit readiness. (148 words)
- [Taylor Cook](/content/uk/en/author/taylor-cook/index.html): Taylor Cook is a valuations manager on Carta's Auditable Reporting team. He holds a Master of Science (M.Sc.) in Financial Analysis
from USFCA. (60 words)
- [Shelby Whitefield, CPA](/content/uk/en/author/shelby-skoczylas-cpa/index.html): Shelby is a CPA with over 10 years of experience in tax accounting and compliance. Currently, Shelby works in Tax Operations at Carta, helping to bridge the gap between technical tax advisory and product development to build better solutions for customers. (157 words)
- [Michael Wu](/content/author/michael-wu/index.html): Mike joined Carta in 2014 and is General Counsel. Prior to Carta, he practiced startup law in Palo Alto, and prior that, worked at an early stage social venture in East Palo Alto teaching entrepreneurship. He’s passionate about startups and&nbsp;entrepreneurship. (87 words)
- [Sean Dugan](/content/uk/en/author/seandugan/index.html): Sean Dugan has a JD and LLM in taxation. He has over eight years of experience in private client services specializing in individual tax treatment of equity compensation. In his spare time, he loves a good book, going for a run, and rooting for his Boston Celtics. (83 words)
- [Stephen Prihoda](/content/uk/en/author/stephen-prihoda/index.html): Stephen has serviced a wide range of alternative investment vehicles over the course of his career. He focuses on building operational infrastructure in addition to managing the learning and development of Carta’s fund administration team. (71 words)
- [Vanessa Chin](/content/author/vanessa-chin/index.html): Vanessa Chin is an author at Carta. (139 words)
- [Josh Steinfeld](/content/sg/en/author/josh-steinfeld/index.html): Josh Steinfeld leads product strategy for Carta Total Compensation. Josh has been a compensation professional for the last 20 years, most recently leading compensation at Google for YouTube and Google’s corporate functions. (246 words)
- [Vrushali Paunikar](/content/uk/en/author/vrushali-paunikar/index.html): Vrushali Paunikar is Vice President of product for Investor Services at Carta. She is a fan of Luca Pacioli and believes that we can change the world through accounting. On a normal day, you’ll find her spilling tea all over the office and keeping diligent tabs on the office #doggies Slack channel. (287 words)
- [Cesar Ruiz](/content/uk/en/author/cesar-ruiz/index.html): Cesar Ruiz is a product marketing manager at Carta. (221 words)
- [Sophie-Gabrielle Hermanns | Carta](/content/uk/en/author/sophie-gabrielle-hermanns/index.html): Sophie-Gabrielle Hermanns is a data scientist at Carta specializing in private equity, compensation, and LLC data modeling and analysis. (63 words)
- [Tyler Haberman](/content/author/tyler-haberman/index.html): Tyler Haberman is a Lead Product Marketing Manager at Carta. (172 words)
- [Jon Grupp, CFA, ASA](/content/author/jongrupp/index.html): Jon Grupp is a Senior Valuation Technical Manager at Carta. Grupp is a CFA charterholder and Accredited Senior Appraiser (ASA). (64 words)
- [Nick Dehn](/content/sg/en/author/nick-dehn/index.html): Nick Dehn is Senior Editor at Carta, where he helps lead editorial strategy and content development for the company’s corporations and investors audiences. Before joining Carta, Nick managed editorial operations at Paychex, Huckleberry, and Insurify. (180 words)
- [Josh Durst-Weisman](/content/sg/en/author/joshweisman/index.html): Josh works in marketing and sales at Carta. Prior to tech, he spent several years in Los Angeles as a TV producer and writer of bad horror movies. (62 words)
- [Angelina Lam, EA](/content/uk/en/author/angelina-lam/index.html): Angelina Lam is an Enrolled Agent (EA) and Senior Tax Advisor at Carta. She has eight years of tax experience, specializing in tax advisory and consulting for individuals and their equity compensation. (106 words)
- [Jaron Wright, CFA](/content/author/jaron-wright/index.html): Jaron Wright is a Chartered Financial Analyst (CFA®) and the Director of Financial Reporting Services at Carta. He has more than a decade of experience working with clients on 409A valuations and on implementing equity compensation tools. (94 words)
- [Samantha Widman](/content/author/samanthawidman/index.html): Samantha Widman, a product manager at Carta, boasts three years of experience in the ASC 718 industry and holds a Master of Science in Advanced Data Science. (120 words)
- [Hilary Friesen](/content/sg/en/author/hilary-friesen/index.html): Hilary Friesen has been on Carta's finance team since 2019, coming over with the Canadian acqui-hire of Kik Interactive. Hilary is Carta's equity administrator and has over a decade of experience in accounting and payroll. (66 words)
- [Vrushali Paunikar](/content/author/vrushali-paunikar/index.html): Vrushali Paunikar is Vice President of product for Investor Services at Carta. She is a fan of Luca Pacioli and believes that we can change the world through accounting. On a normal day, you’ll find her spilling tea all over the office and keeping diligent tabs on the office #doggies Slack channel. (287 words)
- [Adam Freudenstein](/content/sg/en/author/adam-freudenstein/index.html): Adam Freudenstein is a senior marketing specialist for Carta LLC & Private Equity. (117 words)
- [Igor Oliveira](/content/sg/en/author/igor-oliveira/index.html): Igor Oliveira has more than 10 years of experience in IT service and software delivery. Igor leads Private Equity SaaS onboarding for Carta, helping clients navigate complex implementation with confidence. (134 words)
- [Victor Klein](/content/sg/en/author/victor-klein/index.html): Victor Klein is the Director of Liquidity Services at Carta. He has over 15 years of experience in the private and public equity space and is passionate about helping issuers navigate the challenging move from private to public. (73 words)
- [Cesar Ruiz](/content/sg/en/author/cesar-ruiz/index.html): Cesar Ruiz is a product marketing manager at Carta. (221 words)
- [Holli Heiles Pandol](/content/uk/en/author/holli-heiles-pandol/index.html): Holli Heiles Pandol is Carta’s Policy Counsel. Prior to Carta, Holli helped shape financial and capital markets policy on Capitol Hil as a senior advisor and Director of Intergovernmental and Legislative Affairs at the SEC under former Chairman Jay Clayton. (263 words)
- [Jenna Lee](/content/author/jenna-lee/index.html): Jenna is a former member of the content team at Carta. Despite working in Fintech her entire career, she has never had a La Croix. (255 words)
- [Michael Sechuga](/content/uk/en/author/michael-sechuga/index.html): Michael Sechuga is a Senior Technical Manager at Carta, where he guides companies through the requirements of QSBS qualification with precise tax analysis. With a robust background that bridges the gap between accounting and law, Michael brings a unique perspective to his role. Michael's approach combines meticulous attention to detail with a deep regulatory knowledge, crafting strategic solutions that maximize QSBS benefits and ensure compliance. His work supports Carta's mission by empowering founders, investors, and companies to navigate the QSBS landscape with confidence. Michael holds a MSA and JD from Indiana University. (201 words)
- [Amanda Domingues](/content/author/amanda-domingues/index.html): As a seasoned Technical Leader, Amanda Domingues specializes in bridging the gap between Carta's customers, our Product, and our Delivery Teams. With a solid seven-year tenure at Carta, Amanda brings a wealth of experience to ensure you extract maximum value from our platform. (77 words)
- [CLONE-- CLONE-- Christina Cheledinas](/content/author/christina-cheledinas/index-2.html): Christina Cheledinas is a Business Development Manager for Carta LLC & Private Equity. (28 words)
- [Eli Kramer](/content/sg/en/author/eli-kramer/index.html): Eli Kramer has over decade of experience working in venture capital and private equity fund administration. Since joining Carta in 2018, he's worked closely with the fund administration and product teams to provide expertise for creating Carta's best-in-class, software-lead solution to fund administration. (90 words)
- [Taylor Cook](/content/author/taylor-cook/index-2.html): Taylor Cook is a valuations manager on Carta's Auditable Reporting team. He holds a Master of Science (M.Sc.) in Financial Analysis
from USFCA. (60 words)
- [Josephine Koh](/content/sg/en/author/josephine-koh/index.html): Josephine Koh is the Director of Investor Services for Asia Pacific & Middle East at Carta, and has over 17 years of experience in the asset management industry. She was an integral member of the international expansion team when Carta launched its first international office, building the fund administration book of business. Prior to joining Carta, she was the Co-Founder and COO at Insignia Venture Partners. (279 words)
- [Charlie Pennington](/content/author/charlie-pennington/index.html): Charlie Pennington is a leading expert in guiding startup founders through growth and scalability challenges. As the head of Carta’s go-to-market and sales efforts for equity management and fundraising in AMEA, he has expanded Carta’s reach across the Middle East, Southeast Asia, Australia, New Zealand, and Africa. (126 words)
- [Elaine Wong](/content/author/elaine-wong/index.html): Elaine Wong leads Brand & Content Marketing for Carta's AMEA region, covering Asia-Pacific, the Middle East, and Africa. She develops go-to-market strategy, content, and communications for private markets professionals navigating equity management and fund administration. (80 words)
- [Hilary Friesen](/content/author/hilary-friesen/index.html): Hilary Friesen has been on Carta's finance team since 2019, coming over with the Canadian acqui-hire of Kik Interactive. Hilary is Carta's equity administrator and has over a decade of experience in accounting and payroll. (66 words)
- [Ann Hodge](/content/uk/en/author/ann-hodge/index.html): Ann Hodge leads content strategy for Carta Equity Advisory. Before joining Carta, Ann worked at NerdWallet on the content strategy team. (187 words)
- [Angelina Lam, EA](/content/author/angelina-lam/index.html): Angelina Lam is an Enrolled Agent (EA) and Senior Tax Advisor at Carta. She has eight years of tax experience, specializing in tax advisory and consulting for individuals and their equity compensation. (106 words)
- [Hamza Shad](/content/uk/en/author/hamza-shad/index.html): Hamza Shad is an insights manager at Carta, where he analyzes data on the VC and startup ecosystem. Previously, he conducted research on entrepreneurship in emerging markets at Endeavor. (234 words)
- [Janet Deng](/content/uk/en/author/janet-deng/index.html): Janet Deng is a senior data scientist at Carta focused on Private Equity. (226 words)
- [Jon Grupp, CFA, ASA](/content/uk/en/author/jongrupp/index.html): Jon Grupp is a Senior Valuation Technical Manager at Carta. Grupp is a CFA charterholder and Accredited Senior Appraiser (ASA). (64 words)
- [Jackie Ammon](/content/sg/en/author/jackieammon/index.html): Jackie leads Carta’s private equity business development team. She spent the last decade of her career as a Silicon Valley transactional attorney, advising companies and investors on general corporate matters, fundraising, and liquidity events. Despite long nights studying and practicing law, and to the shock of colleagues, she does not drink coffee. (230 words)
- [Henry Ward](/content/uk/en/author/henry-ward/index.html): Henry is the CEO of Carta. (252 words)
- [Elaine Wong](/content/sg/en/author/elaine-wong/index.html): Elaine Wong leads Brand & Content Marketing for Carta's AMEA region, covering Asia-Pacific, the Middle East, and Africa. She develops go-to-market strategy, content, and communications for private markets professionals navigating equity management and fund administration. (82 words)
- [Josh Steinfeld](/content/uk/en/author/josh-steinfeld/index.html): Josh Steinfeld leads product strategy for Carta Total Compensation. Josh has been a compensation professional for the last 20 years, most recently leading compensation at Google for YouTube and Google’s corporate functions. (246 words)
- [Kristoffer Warren, CAIA](/content/sg/en/author/kristoffer-warren-caia/index.html): Kristoffer Warren has been at Carta since 2017. Kristoffer began his career in alternative finance by participating with Entrepreneurs and Angel Investors completing early-stage financings across the Pacific Northwest. Kristoffer received his Master of Science in Finance (“MSF”) from Seattle University and is a CAIA Charterholder. Previously, Kristoffer graduated Summa Cum Laude from the University of Washington’s School of Business, Bothell. (232 words)
- [Data scientist](/content/uk/en/author/lucy-wang/index.html): Lucy Wang is a data scientist at Carta. (126 words)
- [Eli Kramer](/content/author/eli-kramer/index.html): Eli Kramer has over decade of experience working in venture capital and private equity fund administration. Since joining Carta in 2018, he's worked closely with the fund administration and product teams to provide expertise for creating Carta's best-in-class, software-lead solution to fund administration. (88 words)
- [Simon Tang](/content/author/simon-tang/index.html): Simon Tang is Head of US Sales for Carta LP Portfolio Analytics. Previously, he was a Director at Accelex (acquired by Carta). (147 words)
- [Jackie Ammon](/content/uk/en/author/jackieammon/index.html): Jackie leads Carta’s private equity business development team. She spent the last decade of her career as a Silicon Valley transactional attorney, advising companies and investors on general corporate matters, fundraising, and liquidity events. Despite long nights studying and practicing law, and to the shock of colleagues, she does not drink coffee. (236 words)
- [Lucy Hoyle](/content/uk/en/author/lucy-hoyle/index-2.html): Lucy Hoyle is a Senior Content Engineer at Carta. She oversees editorial processes, AI search optimization (AEO) strategy and the use of AI to optimise marketing systems. She previously supported Carta teams in Europe, Asia-Pacific and the Middle East with localised content and international SEO. (241 words)
- [Kristoffer Warren, CAIA](/content/uk/en/author/kristoffer-warren-caia/index.html): Kristoffer Warren has been at Carta since 2017. Kristoffer began his career in alternative finance by participating with Entrepreneurs and Angel Investors completing early-stage financings across the Pacific Northwest. Kristoffer received his Master of Science in Finance (“MSF”) from Seattle University and is a CAIA Charterholder. Previously, Kristoffer graduated Summa Cum Laude from the University of Washington’s School of Business, Bothell. (229 words)
- [Hilary Friesen](/content/uk/en/author/hilary-friesen/index.html): Hilary Friesen has been on Carta's finance team since 2019, coming over with the Canadian acqui-hire of Kik Interactive. Hilary is Carta's equity administrator and has over a decade of experience in accounting and payroll. (67 words)
- [Kiley Roache | Carta](/content/author/kiley-roache/index.html): Kiley Roache is an author at Carta. (332 words)
- [Daniela Ogliaro, CEP](/content/author/daniela-ogliaro/index.html): Daniela Ogliaro is a Certified Equity Professional (CEP) on the Carta Launch Business Team. Daniela joined Carta four years ago and has a background in cap table clean-ups and cap table preparation for liquidity events. (76 words)
- [The Carta Policy Team](/content/sg/en/author/the-carta-policy-team/index-2.html): Carta’s Policy Team aims to connect the policymaking community and venture ecosystem to build an ownership economy and advance policies that support private companies, their employees, and their investors. (213 words)
- [Caroline Joseph](/content/author/caroline-joseph/index.html): Caroline Joseph is a marketing manager at Carta, representing international markets. Prior to Carta, she worked in campaign marketing and communications for a range of businesses, helping to promote tech solutions to global intersectional issues – such as the climate and female health. (290 words)
- [Peter Walker](/content/sg/en/author/peter-walker/index.html): Peter Walker runs the Insights team at Carta, focused on discovering key data and narratives across the private capital ecosystem. In a former life, he was a marketing executive for a media analytics startup and led the data visualization team at the Covid Tracking Project. (269 words)
- [Webb Allen ](/content/sg/en/author/webb-allen/index.html): Webb Allen is the lead product manager for cap table at Carta. (131 words)
- [Nick Dehn](/content/author/nick-dehn/index.html): Nick Dehn is Senior Editor at Carta, where he helps lead editorial strategy and content development for the company’s corporations and investors audiences. Before joining Carta, Nick managed editorial operations at Paychex, Huckleberry, and Insurify. (180 words)
- [Kevin Dowd](/content/sg/en/author/kevin-dowd/index.html): Kevin Dowd is a senior writer covering the private markets. Prior to joining Carta, he reported on venture capital and private equity at Forbes, where he wrote the Deal Flow newsletter, and at PitchBook, where he wrote The Weekend Pitch. (317 words)
- [Rita Astoor](/content/sg/en/author/ritaastoor/index.html): Rita Astoor is the Director of Carta’s Venture Capital & Private Equity Business Development team. She also teaches a course on Venture Funds at UC Berkeley School of Law. Prior to joining Carta, Rita was a practicing investment fund attorney. (184 words)
- [Leah Rodriguez](/content/uk/en/author/leah-rodriguez/index.html): Leah Rodriguez is a Principal Product Marketing Manager at Carta. (249 words)
- [Viba Subramaniam](/content/author/vibasubramaniam/index.html): Viba works as a product designer at Carta, specializing in tools for early-stage founders. Outside of work, she loves to paint, scuba dive in tropical water, and learn about different cultures and histories through travel. (77 words)
- [Michael Sechuga](/content/author/michael-sechuga/index.html): Michael Sechuga is a Senior Technical Manager at Carta, where he guides companies through the requirements of QSBS qualification with precise tax analysis. With a robust background that bridges the gap between accounting and law, Michael brings a unique perspective to his role. Michael's approach combines meticulous attention to detail with a deep regulatory knowledge, crafting strategic solutions that maximize QSBS benefits and ensure compliance. His work supports Carta's mission by empowering founders, investors, and companies to navigate the QSBS landscape with confidence. Michael holds a MSA and JD from Indiana University. (196 words)
- [Holli Heiles Pandol](/content/author/holli-heiles-pandol/index.html): Holli Heiles Pandol is Carta’s Policy Counsel. Prior to Carta, Holli helped shape financial and capital markets policy on Capitol Hil as a senior advisor and Director of Intergovernmental and Legislative Affairs at the SEC under former Chairman Jay Clayton. (263 words)
- [Trends](/content/uk/en/blog/category/trends/index.html) (182 words)
- [Compliance Archives | Carta](/content/uk/en/blog/category/compliance/index.html) (230 words)
- [Valuations Archives | Carta](/content/uk/en/blog/category/valuations/index.html) (97 words)
- [Anthony Cimino](/content/uk/en/author/anthony-cimino/index.html): Anthony Cimino leads public policy for Carta's Policy Team. He's spent his career in the public and private sectors working on financial services public policy. (228 words)
- [Peter Walker](/content/uk/en/author/peter-walker/index.html): Peter Walker runs the Insights team at Carta, focused on discovering key data and narratives across the private capital ecosystem. In a former life, he was a marketing executive for a media analytics startup and led the data visualization team at the Covid Tracking Project. (283 words)
- [Building Carta](/content/uk/en/blog/category/building-carta/index.html) (150 words)
- [Holli Heiles Pandol](/content/sg/en/author/holli-heiles-pandol/index.html): Holli Heiles Pandol is Carta’s Policy Counsel. Prior to Carta, Holli helped shape financial and capital markets policy on Capitol Hil as a senior advisor and Director of Intergovernmental and Legislative Affairs at the SEC under former Chairman Jay Clayton. (237 words)
- [409A Valuations Archives | Carta](/content/uk/en/blog/category/409a-valuations/index.html) (166 words)
- [Carta Law Archives | Carta](/content/uk/en/blog/category/carta-law/index.html) (146 words)
- [Latin America Archives | Carta](/content/sg/en/blog/category/latin-america/index.html) (65 words)
- [Carta](/content/uk/en/blog/category/carta/index.html) (205 words)
- [Carta Fund CRM for Private Equity & VC: Deal Flow & LP Investor Relations](/content/uk/en/blog/category/crm/index.html): Learn more about Carta's Fund CRM for private equity and venture capital, including Deal CRM for deal flow management to LP CRM for investor relations. (193 words)
- [Markets](/content/uk/en/blog/category/markets/index.html) (149 words)
- [Kevin Dowd](/content/uk/en/author/kevin-dowd/index.html): Kevin Dowd is a senior writer covering the private markets. Prior to joining Carta, he reported on venture capital and private equity at Forbes, where he wrote the Deal Flow newsletter, and at PitchBook, where he wrote The Weekend Pitch. (337 words)
- [Equity Archives | Carta](/content/uk/en/blog/category/equity/index.html) (180 words)
- [Data & research](/content/uk/en/blog/category/data-research/index.html) (240 words)
- [Liquidity](/content/uk/en/blog/category/liquidity/index.html) (172 words)
- [Employee resource center](/content/uk/en/blog/category/employee-resource-center/index.html) (157 words)
- [Employee Compensation: A Founder's Guide to Compensation Packages](/content/uk/en/blog/category/compensation/index.html): Learn how to build a competitive employee compensation package to attract top talent and stay compliant as you scale. (190 words)
- [The Carta Handbook for Late-Stage Private Companies](/content/uk/en/blog/category/late-stage-private-companies/index.html): Leaders at mature private companies have plenty to navigate on their way to an eventual exit. This handbook lays out key steps and provides tips.
 (207 words)
- [Initial Public Offerings Archives | Carta](/content/uk/en/blog/category/initial-public-offerings/index.html) (83 words)
- [Founder education](/content/uk/en/blog/category/founder-education/index.html) (183 words)
- [Educational essentials](/content/uk/en/blog/category/educational-essentials/index.html) (174 words)
- [Issue briefs](/content/uk/en/blog/category/issue-briefs/index.html) (157 words)
- [Private Capital Spotlight  Archives | Carta](/content/uk/en/blog/category/private-capital-spotlight/index.html) (159 words)
- [Announcements](/content/uk/en/blog/category/announcements/index.html) (214 words)
- [How we work](/content/uk/en/blog/category/how-we-work/index.html) (136 words)
- [Fundraising Files Archives | Carta](/content/uk/en/blog/category/fundraising-files/index.html) (236 words)
- [Carta 2024 Innovators Summit Archives | Carta](/content/uk/en/blog/category/innovators-summit/index.html) (194 words)
- [Limited Liability Companies Archives | Carta](/content/uk/en/blog/category/limited-liability-companies/index.html) (137 words)
- [Fundraising Archives | Carta](/content/uk/en/blog/category/startup-fundraising/index.html) (133 words)
- [Private Companies Archives | Carta](/content/uk/en/blog/category/private-companies/index.html) (221 words)
- [VC Spotlight Archives | Carta](/content/uk/en/blog/category/vc-spotlight/index.html) (229 words)
- [Innovator Stories Archives | Carta](/content/uk/en/blog/category/innovator-stories/index.html) (256 words)
- [Fund Tax Archives | Carta](/content/uk/en/blog/category/fund-tax/index.html) (150 words)
- [From our CEO](/content/uk/en/blog/category/from-our-ceo/index.html) (171 words)
- [Scarlett Pierce](/content/uk/en/author/scarlett-pierce/index.html): Scarlett Pierce is a Senior Manager in Product Marketing focused on Carta’s investor products. She joined the Carta team in 2022 with the acquisition of European equity management startup Capdesk. Prior to Capdesk, Scarlett worked as a digital marketer for the UK government, Amazon Alexa, and Louis Vuitton. She lives in New York. (243 words)
- [Product education](/content/uk/en/blog/category/product-education/index.html) (203 words)
- [Ashley Neville](/content/uk/en/author/ashley-neville/index.html): Ashley Neville leads strategy for the Insights team at Carta, bringing 15 years of experience in the data industry. A former evangelist for Tableau and Salesforce, she is an expert in data culture and literacy who is passionate about helping people harness the power of data. Ashley studied economics at Georgetown. (256 words)
- [Latin America Archives | Carta](/content/uk/en/blog/category/latin-america/index.html) (65 words)
- [APAC & MENA Archives | Carta](/content/uk/en/blog/category/apac/index.html) (231 words)
- [Private equity regulatory insights Archives | Carta](/content/uk/en/blog/category/private-equity-regulatory-insights/index.html) (84 words)
- [Carta Launch Archives | Carta](/content/uk/en/blog/category/carta-launch/index.html) (36 words)
- [CTC Archives | Carta](/content/uk/en/blog/category/ctc/index.html) (69 words)
- [Special Purpose Vehicles Archives | Carta](/content/uk/en/blog/category/special-purpose-vehicles/index.html) (32 words)
- [Shubhi Nigam](/content/uk/en/author/shubhi-nigam/index.html): Shubhi Nigam is a lead product manager at Carta. (187 words)
- [Venture Capital Archives | Carta](/content/uk/en/blog/category/venture-capital/index.html) (226 words)
- [Equity education](/content/uk/en/blog/category/equity-education/index.html) (151 words)
- [Featured](/content/uk/en/blog/category/featured/index.html) (229 words)
- [Fund Administration Archives | Carta](/content/uk/en/blog/category/fund-administration/index.html) (190 words)
- [Tyler Haberman](/content/uk/en/author/tyler-haberman/index.html): Tyler Haberman is a Lead Product Marketing Manager at Carta. (175 words)
- [Investors](/content/uk/en/blog/category/investors/index.html) (217 words)
- [Europe Archives | Carta](/content/uk/en/blog/category/europe/index.html) (201 words)
- [Samantha Widman](/content/uk/en/author/samanthawidman/index.html): Samantha Widman, a product manager at Carta, boasts three years of experience in the ASC 718 industry and holds a Master of Science in Advanced Data Science. (120 words)
- [Henry Ward](/content/author/henry-ward/index-2.html): Henry is the CEO of Carta. (278 words)
- [Rita Astoor](/content/uk/en/author/ritaastoor/index.html): Rita Astoor is the Director of Carta’s Venture Capital & Private Equity Business Development team. She also teaches a course on Venture Funds at UC Berkeley School of Law. Prior to joining Carta, Rita was a practicing investment fund attorney. (185 words)
- [Eli Kramer](/content/uk/en/author/eli-kramer/index.html): Eli Kramer has over decade of experience working in venture capital and private equity fund administration. Since joining Carta in 2018, he's worked closely with the fund administration and product teams to provide expertise for creating Carta's best-in-class, software-lead solution to fund administration. (89 words)
- [Michael Young, PhD](/content/uk/en/author/michael-young/index.html): Michael Young, PhD, is a data scientist at Carta. (201 words)
- [Josephine Koh](/content/author/josephine-koh/index.html): Josephine Koh is the Director of Investor Services for Asia Pacific & Middle East at Carta, and has over 17 years of experience in the asset management industry. She was an integral member of the international expansion team when Carta launched its first international office, building the fund administration book of business. Prior to joining Carta, she was the Co-Founder and COO at Insignia Venture Partners. (300 words)
- [The Carta Policy Team](/content/author/the-carta-policy-team/index-2.html): Carta’s Policy Team aims to connect the policymaking community and venture ecosystem to build an ownership economy and advance policies that support private companies, their employees, and their investors. (236 words)
- [The Carta Policy Team](/content/uk/en/author/the-carta-policy-team/index.html): Carta’s Policy Team aims to connect the policymaking community and venture ecosystem to build an ownership economy and advance policies that support private companies, their employees, and their investors. (213 words)
- [The Carta Team](/content/sg/en/author/the-carta-team/index.html): Carta's best-in-class software, services, and resources are designed to promote clarity and connection in the private capital ecosystem. By combining industry experience with proprietary data and real customer stories, our content offers expert guidance and clear, actionable insights for companies and investors. (281 words)
- [Michael Young, PhD](/content/author/michael-young/index.html): Michael Young is a senior data scientist at Carta with a focus on Fund Administration and Private Market Liquidity. (193 words)
- [Data scientist](/content/author/lucy-wang/index.html): Lucy Wang is a data scientist at Carta. (118 words)
- [Lucy Hoyle](/content/author/lucy-hoyle/index.html): Lucy Hoyle is a Senior Content Engineer at Carta. She oversees editorial processes, AI search optimization (AEO) strategy, and the use of AI to optimise marketing systems. She previously supported Carta teams in Europe, Asia-Pacific, and the Middle East with localised content and international SEO. (255 words)
- [Shelby Whitefield, CPA](/content/author/shelby-skoczylas-cpa/index.html): Shelby is a CPA with over 10 years of experience in tax accounting and compliance. Currently, Shelby works in Tax Operations at Carta, helping to bridge the gap between technical tax advisory and product development to build better solutions for customers. (137 words)
- [Jaron Wright, CFA](/content/uk/en/author/jaron-wright/index.html): Jaron Wright is a Chartered Financial Analyst (CFA®) and the Director of Financial Reporting Services at Carta. He has more than a decade of experience working with clients on 409A valuations and on implementing equity compensation tools. (92 words)
- [Janet Deng](/content/author/janet-deng/index.html): Janet Deng is a senior data scientist at Carta focused on Private Equity. (220 words)
- [Daniel Tonga](/content/author/daniel-tonga/index.html): Daniel Tonga is the business lead for Carta’s gift and estate tax valuation practice, where he oversees sales, delivery, support, and valuation policy. Daniel joined Carta in January 2018 and has worked in various roles across customer support and valuations. He is also a frequent contributor to the #starwars, #guitar-people, and #basketball Slack channels. (94 words)
- [The Carta Team](/content/uk/en/author/the-carta-team/index.html): Carta's best-in-class software, services, and resources are designed to promote clarity and connection in the private capital ecosystem. By combining industry experience with proprietary data and real customer stories, our content offers expert guidance and clear, actionable insights for companies and investors. (271 words)
- [Laurence Baker](/content/author/laurence-baker/index-2.html): Laurence has over 15 years of B2B marketing experience, having worked with global brands including Universal Pictures, Toshiba, and Sky. Since 2016 he has focused on regulated industries, spanning fintech, regtech, and legal technology for private markets. (237 words)
- [Hamza Shad](/content/author/hamza-shad/index.html): Hamza Shad is an insights manager at Carta, where he analyzes data on the VC and startup ecosystem. Previously, he conducted research on entrepreneurship in emerging markets at Endeavor. (249 words)
- [Rita Astoor](/content/author/ritaastoor/index.html): Rita Astoor is the Director of Carta’s Venture Capital & Private Equity Business Development team. She also teaches a course on Venture Funds at UC Berkeley School of Law. Prior to joining Carta, Rita was a practicing investment fund attorney. (185 words)
- [Kristoffer Warren, CAIA](/content/author/kristoffer-warren-caia/index.html): Kristoffer Warren has been at Carta since 2017. Kristoffer began his career in alternative finance by participating with Entrepreneurs and Angel Investors completing early-stage financings across the Pacific Northwest. Kristoffer received his Master of Science in Finance (“MSF”) from Seattle University and is a CAIA Charterholder. Previously, Kristoffer graduated Summa Cum Laude from the University of Washington’s School of Business, Bothell. (226 words)
- [The Carta Team](/content/author/the-carta-team/index.html): Carta's best-in-class software, services, and resources are designed to promote clarity and connection in the private capital ecosystem. By combining industry experience with proprietary data and real customer stories, our content offers expert guidance and clear, actionable insights for companies and investors. (288 words)
- [Kevin Dowd](/content/author/kevin-dowd/index.html): Kevin Dowd is a senior writer covering the private markets. Prior to joining Carta, he reported on venture capital and private equity at Forbes, where he wrote the Deal Flow newsletter, and at PitchBook, where he wrote The Weekend Pitch. (321 words)
- [Scarlett Pierce](/content/author/scarlett-pierce/index.html): Scarlett Pierce is a Senior Manager in Product Marketing focused on Carta’s investor products. She joined the Carta team in 2022 with the acquisition of European equity management startup Capdesk. Prior to Capdesk, Scarlett worked as a digital marketer for the UK government, Amazon Alexa, and Louis Vuitton. She lives in New York. (255 words)
- [Carta Law Archives | Carta](/content/sg/en/blog/category/carta-law/index.html) (152 words)
- [VC Spotlight Archives | Carta](/content/sg/en/blog/category/vc-spotlight/index.html) (224 words)
- [Ashley Neville](/content/author/ashley-neville/index.html): Ashley Neville leads strategy for the Insights team at Carta, bringing 15 years of experience in the data industry. A former evangelist for Tableau and Salesforce, she is an expert in data culture and literacy who is passionate about helping people harness the power of data. Ashley studied economics at Georgetown. (286 words)
- [Venture Capital Archives | Carta](/content/blog/category/venture-capital/index.html) (228 words)
- [Stephen Prihoda](/content/author/stephen-prihoda/index.html): Stephen has serviced a wide range of alternative investment vehicles over the course of his career. He focuses on building operational infrastructure in addition to managing the learning and development of Carta’s fund administration team. (90 words)
- [Private Companies Archives | Carta](/content/blog/category/private-companies/index.html) (227 words)
- [Policy newsletter](/content/uk/en/blog/category/policy-newsletter/index.html) (172 words)
- [VC Spotlight Archives | Carta](/content/blog/category/vc-spotlight/index.html) (229 words)
- [Product education](/content/blog/category/product-education/index.html) (203 words)
- [Natasha Arora](/content/author/natasha-arora/index.html): Natasha Arora is the head of business development for corporations at Carta, where she focuses on our top partner relationships with law firms, VCs, and accelerators, as well as creating products that revolutionize the fundraising experience for founders. As a former attorney specializing in emerging companies and VC at the top venture law firms, Natasha brings invaluable insights into the startup ecosystem. She has represented companies from formation to unicorn status and VC firms in their investments. Natasha holds a J.D. from the University of California, Berkeley School of Law. (152 words)
- [Private Capital Spotlight  Archives | Carta](/content/blog/category/private-capital-spotlight/index.html) (225 words)
- [Valuations Archives | Carta](/content/sg/en/blog/category/valuations/index.html) (97 words)
- [Policy](/content/blog/category/policy/index.html) (239 words)
- [Valuations Archives | Carta](/content/blog/category/valuations/index.html) (97 words)
- [Policy newsletter](/content/blog/category/policy-newsletter/index.html) (166 words)
- [Issue briefs](/content/blog/category/issue-briefs/index.html) (163 words)
- [Private equity regulatory insights Archives | Carta](/content/blog/category/private-equity-regulatory-insights/index.html) (84 words)
- [Investors](/content/blog/category/investors/index.html) (217 words)
- [Innovator Stories Archives | Carta](/content/blog/category/innovator-stories/index.html) (256 words)
- [Markets](/content/blog/category/markets/index.html) (176 words)
- [Liquidity](/content/blog/category/liquidity/index.html) (166 words)
- [Special Purpose Vehicles Archives | Carta](/content/blog/category/special-purpose-vehicles/index.html) (32 words)
- [The Carta Handbook for Late-Stage Private Companies](/content/blog/category/late-stage-private-companies/index.html): Leaders at mature private companies have plenty to navigate on their way to an eventual exit. This handbook lays out key steps and provides tips.
 (207 words)
- [Fundraising Files Archives | Carta](/content/blog/category/fundraising-files/index.html) (242 words)
- [Limited Liability Companies Archives | Carta](/content/blog/category/limited-liability-companies/index.html) (127 words)
- [Fund Tax Archives | Carta](/content/blog/category/fund-tax/index.html) (156 words)
- [How we work](/content/blog/category/how-we-work/index.html) (148 words)
- [Featured](/content/blog/category/featured/index-2.html) (223 words)
- [Latin America Archives | Carta](/content/blog/category/latin-america/index.html) (65 words)
- [Fund Administration Archives | Carta](/content/blog/category/fund-administration/index.html) (184 words)
- [Equity education](/content/blog/category/equity-education/index.html) (151 words)
- [Fundraising Archives | Carta](/content/blog/category/startup-fundraising/index.html) (143 words)
- [Initial Public Offerings Archives | Carta](/content/blog/category/initial-public-offerings/index.html) (83 words)
- [From our CEO](/content/blog/category/from-our-ceo/index.html) (165 words)
- [Europe Archives | Carta](/content/blog/category/europe/index.html) (201 words)
- [Founder education](/content/blog/category/founder-education/index.html) (189 words)
- [Carta Fund CRM for Private Equity & VC: Deal Flow & LP Investor Relations](/content/blog/category/crm/index.html): Learn more about Carta's Fund CRM for private equity and venture capital, including Deal CRM for deal flow management to LP CRM for investor relations. (199 words)
- [Equity Archives | Carta](/content/blog/category/equity/index.html) (180 words)
- [Data & research](/content/blog/category/data-research/index.html) (183 words)
- [Educational essentials](/content/blog/category/educational-essentials/index.html) (168 words)
- [Employee resource center](/content/blog/category/employee-resource-center/index.html) (157 words)
- [Compliance Archives | Carta](/content/blog/category/compliance/index.html) (242 words)
- [Carta Law Archives | Carta](/content/blog/category/carta-law/index.html) (190 words)
- [Employee Compensation: A Founder's Guide to Compensation Packages](/content/blog/category/compensation/index.html): Learn how to build a competitive employee compensation package to attract top talent and stay compliant as you scale. (196 words)
- [APAC & MENA Archives | Carta](/content/blog/category/apac/index.html) (231 words)
- [Carta 2024 Innovators Summit Archives | Carta](/content/blog/category/innovators-summit/index.html) (188 words)
- [CTC Archives | Carta](/content/blog/category/ctc/index.html) (69 words)
- [Announcements](/content/blog/category/announcements/index.html) (214 words)
- [Carta](/content/blog/category/carta/index.html) (175 words)
- [409A Valuations Archives | Carta](/content/blog/category/409a-valuations/index.html) (166 words)
- [Building Carta](/content/blog/category/building-carta/index.html) (131 words)
- [Carta Launch Archives | Carta](/content/blog/category/carta-launch/index.html) (35 words)
- [John Hoffman](/content/author/john-hoffman/index.html): John Hoffman is a Lead Product Manager at Carta. (107 words)
- [Peter Walker](/content/author/peter-walker/index.html): Peter Walker runs the Insights team at Carta, focused on discovering key data and narratives across the private capital ecosystem. In a former life, he was a marketing executive for a media analytics startup and led the data visualization team at the Covid Tracking Project. (260 words)
- [Chad Willbur](/content/author/chad-willbur/index.html): Chad Willbur is the GM of Carta's valuations business. (157 words)
- [Policy](/content/uk/en/blog/category/policy/index.html) (156 words)
- [Shubhi Nigam](/content/author/shubhi-nigam/index.html): Shubhi Nigam is a lead product manager at Carta. (191 words)
- [Trends](/content/blog/category/trends/index.html) (176 words)

## About Pages

- [About Carta - Our Story | Carta](/content/uk/en/about/index-2.html): We believe in the power of connectivity to transform markets. From pioneering cap tables in the cloud to our new ERP for private capital, Carta changes how companies, investors, and their teams work and connect. (644 words)
- [About Our Data | Carta](/content/sg/en/data/about/index-2.html): By shining a light on the latest trends in venture capital and private equity, we're making private markets more transparent and accessible. (326 words)
- [About Carta - Our Story | Carta](/content/sg/en/about/index-2.html): We believe in the power of connectivity to transform markets. From pioneering cap tables in the cloud to our new ERP for private capital, Carta changes how companies, investors, and their teams work and connect. (634 words)
- [About Our Data | Carta](/content/data/about/index-2.html): By shining a light on the latest trends in venture capital and private equity, we're making private markets more transparent and accessible. (359 words)
- [About Carta - Our Story | Carta](/content/about/index-2.html): We believe in the power of connectivity to transform markets. From pioneering cap tables in the cloud to our new ERP for private capital, Carta changes how companies, investors, and their teams work and connect. (633 words)
- [About Our Data | Carta](/content/uk/en/data/about/index.html): By shining a light on the latest trends in venture capital and private equity, we're making private markets more transparent and accessible. (332 words)
- [About Our Data | Carta](/content/sg/en/data/about/index.html): By shining a light on the latest trends in venture capital and private equity, we're making private markets more transparent and accessible. (363 words)
- [About Our Data | Carta](/content/data/about/index.html): By shining a light on the latest trends in venture capital and private equity, we're making private markets more transparent and accessible. (329 words)
- [About Carta - Our Story | Carta](/content/sg/en/about/index.html): We believe in the power of connectivity to transform markets. From pioneering cap tables in the cloud to our new ERP for private capital, Carta changes how companies, investors, and their teams work and connect. (635 words)
- [About Carta - Our Story | Carta](/content/uk/en/about/index.html): We believe in the power of connectivity to transform markets. From pioneering cap tables in the cloud to our new ERP for private capital, Carta changes how companies, investors, and their teams work and connect. (633 words)
- [About Carta - Our Story | Carta](/content/about/index.html): We believe in the power of connectivity to transform markets. From pioneering cap tables in the cloud to our new ERP for private capital, Carta changes how companies, investors, and their teams work and connect. (628 words)

## Resources

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