Creating more owners.
Carta provides a platform for private companies, public companies, and investors to manage their cap tables, valuations, investments, and equity plans. In details, it helps private companies to streamline how to manage equity from founding to IPO, public companies to track employee and non-employee equity in one place, and investors to modernize how they manage their portfolio and back office.
The startup ecosystem trundled "along at a slow but steady pace, with activity near recent lows," according to an update from Carta.
Henry Ward, the CEO at Fintech company Carta, has recently revealed that the firm should no longer facilitate secondary trading.
Carta reports that valuations saw slight increases. Median pre-money valuations increased across nearly all venture capital stages.