How does Carta work?

Carta's software allows company founders to issue digital share certificates to investors, employees, and others who qualify for stock options. It also develops a centralized dashboard, for issuers to keep track of stock ownership, the timing and pricing of shares issued, and which owners are willing to sell.

When did Carta buy CapDesk?

In January 2021, launched a private stock exchange called CartaX, to allow employees and shareholders to sell private shares before an IPO or acquisition. In February, the company sold just under $100 million of its own stock on CartaX. In September 2022, Carta acquired UK competitor Capdesk for an undisclosed sum.

What is the most interesting thing about Carta?

The most interesting thing about Carta is both its professional services and software. Having strong support from Carta has saved us a significant amount of time and mental space for fundraising. At the end of the year, I can do our stock option accounting with the push of a button on Carta.