{"id":1496,"date":"2018-12-28T00:00:00","date_gmt":"2018-12-28T00:00:00","guid":{"rendered":"http:\/\/www-staging.carta.com\/sg\/blog\/series-d\/"},"modified":"2022-06-07T19:21:19","modified_gmt":"2022-06-07T19:21:19","slug":"series-d","status":"publish","type":"post","link":"https:\/\/www-staging.carta.com\/sg\/blog\/series-d\/","title":{"rendered":"Announcing our Series D"},"content":{"rendered":"\r\n
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Last year, when we changed our name to Carta, Henry, our CEO, wrote<\/a> \u201cWe don\u2019t know how many corporations, properties, investment vehicles, and partnerships exist in the world. But we do know if you mapped the entire ownership graph, the nodes would eventually represent every person in the world. There are 7+ billion people in the world. That is a lot of nodes. Who knew the cap table market could be so big?\u201d<\/p>\r\n\r\n\r\n\r\n

At the close of 2018, we\u2019ve graphed 700,000+ nodes. This is a great start, but we are still a long way from mapping the entire ownership graph.<\/p>\r\n\r\n\r\n\r\n

To achieve our goal of creating more owners, while increasing transparency and liquidity between them, <\/strong>we\u2019ve raised additional capital. In 2018, we raised $80 million dollars and closed our Series D, led by Meritech and Tribe Capital, with participation from existing investors. With this new capital, our investors now value Carta at $800 million.<\/a><\/p>\r\n\r\n\r\n\r\n

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See our full Series D pitchdeck<\/h3>\r\n

[marketo-form marketo_id=”3557″]<\/p>\r\n<\/div>\r\n\r\n\r\n\r\n

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Expanding our support for investors and public companies<\/h2>\r\n\r\n\r\n\r\n

We\u2019ve come this far by changing how ownership management works for private companies\u2014popularizing electronic securities and cap table software<\/a>, combined with audit-ready 409As. But our ambitions go far beyond supporting privately-held, venture-backed companies.<\/p>\r\n\r\n\r\n\r\n

With our new funding, we will continue expanding our focus to transform how ownership management works for investors<\/a> and public companies<\/a>. We will launch additional products for investors, especially for collecting data from their portfolio companies and managing their back office. We\u2019ll also continue to develop our transfer agent<\/a> and equity administration<\/a> products and services, so when private companies using Carta go public, they have a smooth transition to a best-in-class product.<\/p>\r\n\r\n\r\n\r\n

Ownership network<\/h3>\r\n\r\n\r\n\r\n
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A quick look back at 2018<\/h2>\r\n\r\n\r\n\r\n

We had a big year beyond our fundraising. Here are some other highlights from 2018:<\/p>\r\n\r\n\r\n\r\n