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About Carta
Carta is a cloud-based solution that helps organizations in the finance industry streamline and manage portfolios, valuations, holdings and more. It provides enterprises with a fund administrative module, which enables venture capitalists to review evolving Internal Rate of Returns (IRR) on a centralized dashboard.
Carta allows supervisors to view important information based on raised cash or last preferred valuation and request access to investors' capitalization table. It lets businesses store paper certificates in a secured vault, eliminating the risk of theft or loss. Additionally, investors can utilize mobile applications on Android and iOS devices to track investment ownership and assets’ performance in real-time.
Carta comes with an application programming interface (API), which lets professionals integrate the system with several third-party platforms such as Namely, Xero, QuickBooks and more. Pricing is available on request and support is extended via phone and email.
Carta pricing
Carta has a free version and does not offer a free trial.
Starting Price:
Not provided by vendor
Free Version:
Yes
Free trial:
No
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Carta Reviews
Feature rating
5 reviews of 58
View all reviews
Mallory
- Industry: Computer Software
- Company size: 501–1,000 Employees
- Used for 2+ years
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Review Source
5
Reviewed on 13/12/2019
Super easy to keep track of my stock options
Overall it is simple and easy to use and makes it easy for a company with a large number of employees to keep track of which people have which vested stock options.
Pros
Love how Carta automatically updates me as to when I have more vested options and shows a progress bar as to how far I still have to go for all of my stock options to vest.
Cons
No complaints but I probably haven't used this software at a deep enough level to truly find anything difficult or something to dislike about this software.
James
- Industry: Information Technology & Services
- Company size: 51–200 Employees
- Used Weekly for 2+ years
-
Review Source
5
Reviewed on 01/01/2023
Carta - all-in-one Equity management for privately held companies
5-star. I have a been a Corporate Securities Attorney for 20+ years (15+ years in house) and Carta is my favorite application for privately held entities. It has saved countless hours in spreadsheets, providing a turnkey solution that is accurate and easy to administer for the Board, Investors, and Employees.
Pros
Equity management is turnkey. Ability to share with our Attorneys and Accountants. Ability to quickly pull data and reports for outside Funds and Auditors. Self-serve option portal for Employees.
Cons
Some of the nuances are complex, but the Software works. It takes some training, but the effort is worth the time to keep all your Equities in a single ledger.
Sho
- Industry: Information Services
- Company size: 501–1,000 Employees
- Used Daily for 6-12 months
-
Review Source
3
Reviewed on 10/01/2021
Love-Hate Relationship with Carta
I have nothing else to compare Carta to, so I don't even know how to respond. On a positive note, I suppose I can list 'Carta' as a skill on my resume, though I don't know whether I would want to deal with Carta ever again if I seek different employment.
Pros
When I have issues with this software (which is often), Carta's support team is usually very responsive and will work with me on the issue.
The software itself works fine, I guess, as it rarely has technical problems. The offered tutorial does help, and I appreciate the Carta team for putting the tutorial together.
Cons
Not very intuitive to use! A major part is requiring a good foundation in securities and stock options knowledge, which I clearly do not have.
One HUGE gripe I have with Carta is that there is no quick way to bulk update a set of option grants, but rather I have to go into EACH option grant, upload the document I need to upload, add a note of what I am updating, wait for 5 seconds for the update to occur, and repeat with the rest of the 1000+ option grants. I have been uploading/updating these option grants for a few days now while trying to do my other work, and I am still updating as I write this review on a Saturday evening. I don't know whether to keep on updating while cursing at the Carta screen, or just call it quits for the day. Also, the update generates an email notification for the option holders, and of course a good amount of them send me questions afterwards despite our team having already prepared a mass message for our Chief Sales Officer to send out that explains these notifications. I'm at the point where I'm inclined to curse out the next sales employee that asks me what these Carta notifications are for.
Joe
- Industry: Computer Software
- Company size: 11–50 Employees
- Used Weekly for 2+ years
-
Review Source
5
Reviewed on 29/01/2022
Essential Tool in Equity Management
- Investor equity management
- Employee equity option management
- Cap table management
- 409A valuation
Pros
- In-depth knowledge database that gets you started quickly
- Easy to use interface that allows for efficient navigation
- Carta combines equity and salary compensation benchmarks and adjusts for size, location, industry
- Well structured reports, funding overviews, cap tables, and ability to create a data room for investors
- Free annual 409A valuation report
Cons
- Expensive for startups
- Salary compensation tool should be included in base subscription
- More comparative details with similar companies (benchmarking functions)
Reasons for Switching to Carta
- Ease of use of the platform / knowledge database for employees - Industry leader - Recommended by legal team and investors
Verified Reviewer
- Industry: Computer Software
- Company size: 11–50 Employees
- Used Weekly for 2+ years
-
Review Source
5
Reviewed on 03/06/2024
Great tool, however one flaw
Pros
I love how we can get updates based on several other clients' comp data. This allows us to remain competitive.
Cons
I would love to see historical data. Ie: With existing employees who are brought in at an IC_ or MGR_ level, a couple of years ago, it would be helpful to see where they were brought in within the band (XX%ile) back when the market was showing that historical data.
