# Carta

> Carta is a San Francisco fintech that turned the messy spreadsheet of startup ownership into software. Founded in 2012 as eShares, it manages cap tables, 409A valuations, equity plans, and fund administration for tens of thousands of companies and venture funds - now positioning itself as the connective tissue for the entire private capital market.

- **Founded:** 2012
- **Headquarters:** San Francisco, United States
- **Founders:** Henry Ward (Co-founder & CEO), Manu Kumar (Co-founder & Chairman)
- **Team size:** ~2,000 employees
- **Products:** Cap Table Management, 409A Valuations, Equity Plan Administration, Fund Administration, Carta Liquidity / Secondaries
- **Notable:** Created the modern cap table software category, starting as eShares in 2012., Reached a $7.4B valuation at its 2021 Series G., Manages equity for tens of thousands of companies and over 200 venture funds.

## Products & services

- **Cap Table Management** — Software that digitizes and tracks company ownership - shares, options, warrants, and SAFEs - replacing spreadsheets and paper certificates.
- **409A Valuations** — Independent valuations companies need to price stock options and stay compliant.
- **Equity Plan Administration** — Tools for issuing, managing, and exercising employee equity, plus tax and compliance support.
- **Fund Administration** — Back-office software and services for venture funds and SPVs, supporting 9,000+ funds representing over $185B in assets under administration.
- **Carta Liquidity / Secondaries** — Tools to run tender offers and facilitate liquidity events for private company shareholders.
- **Portfolio & LP Reporting** — Analytics and reporting dashboards connecting fund managers, LPs, and portfolio companies.

## Achievements

- Created the modern cap table software category, starting as eShares in 2012.
- Reached a $7.4B valuation at its 2021 Series G.
- Manages equity for tens of thousands of companies and over 200 venture funds.
- Administers 9,000+ funds and SPVs representing $185B+ in assets.
- Its State of Private Markets reports became standard reference data for the VC industry.

## Latest updates

- **2025-09** — Announced a strategic partnership with the New York Stock Exchange as its preferred US public listing venue for late-stage private companies.
- **2025-09** — Expanded partnership with Morgan Stanley covering IPO support and wealth management for private companies.
- **2025-01** — Published the State of Private Markets 2024 review; secondary-market valuation reported around $3.5B.
- **2025-01** — Rolled out AI capabilities across its fund administration product line.

## Links

- Website: https://carta.com
- LinkedIn: https://www.linkedin.com/company/carta--
- Twitter/X: https://twitter.com/cartainc
- GitHub: https://github.com/carta
- YouTube: https://www.youtube.com/c/carta
- Instagram: https://www.instagram.com/cartainc/
- Facebook: https://www.facebook.com/esharesinc

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Profile page: https://yespress.io/carta
Published by YesPress — https://yespress.io
Last updated: 2026-06-02