Carta

4.2 (58)
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Equity management solution for public & private firms

About Carta

Carta is a cloud-based equity management solution that helps investors, law firms, and public and private companies manage valuations, equity plans, cap tables, and investments. The solution enables users to track employee and non-employee equity on a unified platform, enabling them to handle employee stock purchase plans and administration efficiently.

Primary features of Carta include shareholder management, form 3921 generation, audit-based expense accounting, real-time metrics, a visual dashboard, venture fund administration, board meeting management, rule 701 management, ASC 820 valuations, custody, safekeeping, and more. The platform allows investors and employees to accept exercise options, electronic securities, and monitor vesting schedules. Plus, the solution lets users administer liquidity programs, leveraging a centralized dashboard, progress tracker, and transaction manager.

Carta comes with an integrated compliance module, enabling users to be compliant while issuing equity to get 409A valuations. Carta offers an API and integrates with third-party finance and HR applications such as Quickbooks, Xero, and Betterment.


Key benefits of Carta

• Carta helps private companies manage cap tables by automatically updating itself with every transaction through electronic signatures, shared access, automated checks, and restricted stock awards.

• The platform comes with three products including investor updates, board resolutions, and board management to streamline investor and board management.

• Carta provides public companies with an SEC-acknowledged transfer agent with features comprising proxy services, annual meeting support, and access to stakeholder information.

• Carta's equity plan administration functionality supports most equity plans and award types.

• The solution offers safekeeping and a custody feature, helping users digitize their security and update their data on the platform.


Images

Carta Software - Cap table management enables private companies to access ownership, share, and more on a centralized dashboard
Carta Software - The platform allows companies to generate Form 3921 for the IRS
Carta Software - The platform lets users access real-time venture fund administration and accounting information
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Carta video
Carta Software - Cap table management enables private companies to access ownership, share, and more on a centralized dashboard
Carta Software - The platform allows companies to generate Form 3921 for the IRS
Carta Software - The platform lets users access real-time venture fund administration and accounting information

Not sure about Carta? Compare with a popular alternative

Carta

4.2 (58)
VS.

Starting Price

US$2,800.00
year
US$3,000.00
year

Pricing Options

Free version
Free trial
Free version
Free trial

Features

50
93

Integrations

2
No integrations found

Ease of Use

4.0 (58)
4.2 (46)

Value for Money

3.7 (58)
4.0 (46)

Customer Service

3.8 (58)
4.4 (46)
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Reviews

Overall rating

4.2 /5
(58)
Value for Money
3.7/5
Features
4.2/5
Ease of Use
4.0/5
Customer Support
3.8/5

Already have Carta?

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Showing 5 reviews of 58
Mallory
Mallory
Overall rating
  • Industry: Computer Software
  • Company size: 501–1,000 Employees
  • Used for 2+ years
  • Review Source

Overall rating

  • Ease of Use
  • Likelihood to recommend 9.0 /10

Super easy to keep track of my stock options

Reviewed on 2019/12/13

Overall it is simple and easy to use and makes it easy for a company with a large number of...

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.

Joe
Overall rating
  • Industry: Computer Software
  • Company size: 11–50 Employees
  • Used Weekly for 2+ years
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support
  • Likelihood to recommend 10.0 /10

Essential Tool in Equity Management

Reviewed on 2022/01/29

- Investor equity management
- Employee equity option management
- Cap table management
- 409A...

- 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)

Alternatives Considered

Shareworks and OptionTrax

Reasons for Switching to Carta

- Ease of use of the platform / knowledge database for employees - Industry leader - Recommended by legal team and investors
Sho
Overall rating
  • Industry: Information Services
  • Company size: 501–1,000 Employees
  • Used Daily for 6-12 months
  • Review Source

Overall rating

  • Ease of Use
  • Likelihood to recommend 6.0 /10

Love-Hate Relationship with Carta

Reviewed on 2021/01/10

I have nothing else to compare Carta to, so I don't even know how to respond. On a positive note,...

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.

James
Overall rating
  • Industry: Information Technology & Services
  • Company size: 51–200 Employees
  • Used Weekly for 2+ years
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support
  • Likelihood to recommend 9.0 /10

Carta - all-in-one Equity management for privately held companies

Reviewed on 2023/01/01

5-star. I have a been a Corporate Securities Attorney for 20+ years (15+ years in house) and Carta...

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.

Zeah
Zeah
Overall rating
  • Industry: Hospital & Health Care
  • Company size: 11–50 Employees
  • Used for 2+ years
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support
  • Likelihood to recommend 8.0 /10

Eshares to Carta

Reviewed on 2018/08/29

We started with Carta when it was Eshares. Prior to using this software we were tracking everything...

We started with Carta when it was Eshares. Prior to using this software we were tracking everything in an excel spreadsheet which was a complete cluster. Now we can easily pull reports for information on the shareholders. The only difficulty I have encountered is the lack of a report that my auditors will accept without manipulation from myself. Still way better than manual tracking.

Pros

The ease with which data can be entered

Cons

Reports for Audit purposes can be painful

Showing 5 reviews of 58 Read all reviews

Carta FAQs

Below are some frequently asked questions for Carta.

Carta offers the following pricing plans:

  • Starting from: US$2,800.00/year
  • Pricing model: Free Version, Subscription
  • Free Trial: Not Available

Contact Carta for pricing details. Pricing is based on number of stakeholders, cap table complexity, services, and products.

Carta has the following typical customers:

Self Employed, 2–10, 11–50, 51–200, 201–500, 501–1,000, 1,001–5,000

Carta supports the following languages:

English

Carta supports the following devices:

Android (Mobile), iPhone (Mobile), iPad (Mobile)

Carta integrates with the following applications:

QuickBooks Online Advanced, Xero

Carta offers the following support options:

Email/Help Desk, Knowledge Base, Phone Support, Chat

Related categories

See all software categories found for Carta.