Carta Review

Carta helps law firms, investors, and employees chart the direction for seamlessly managing, growing, and overseeing their equities. The following are the benefits of Carta:

Get quality support for equity management

Equity issuance and related data in Carta are updated real-time seamlessly. Its intuitive dashboard lets you oversee your cap table, from the number of stakeholders, diluted shares, total cash raised, latest transactions, and cap table summaries. With built-in compliance for equity issuance, it also gives users the power to accept electronic securities, exercise options, and track vesting schedules.

Enjoy seamless management of cap tables

Carta advocates paperless transactions. Users can conveniently issue employee stock options and gather signatures from the platform. Cap tables are automatically updated for every entry and Carta consolidates all transactions and information. You can also issue preferred stocks, restricted stock award, profits interests, among others. It also features shared access functionalities so you can share and discuss the data with your legal team and investors.

You can generate ASC 718 reports seamlessly, and these reports are auditor-ready. Its powerful modeling worksheets and detailed waterfall payouts also give you a strategic vantage point for charting business growth.

Keep your business compliance-ready

Ensure compliance through Carta’s built-in compliance management feature. Carta’s checks include Rule 701, Rule 144, and the ISO $100k limit. You also get immediate hold of your 409A valuations.

Carta features documents reports, transactions audit reports, stakeholder contact spreadsheets, and Rule 701 analysis worksheets which you can quickly export.

Manage board clearance and approvals anywhere

You can directly manage and oversee board approvals through the Carta platform. Its encrypted platform also enables the secure management and retrieval of board checks and documents. It offers access to ready-made templates for 409A valuations and other pertinent documents which require board clearances. Board approvals are simplified through its complete tools for facilitating document management, electronic signing, and a full-capacity repository of templates for board reference.

Facilitate speedy and efficient fund administration

For investors, Carta features a dashboard that gives you real-time updates on deal IRR. You can view your general ledgers and financial reports on a snap. You can even see benchmarks and fund performance metrics.
It also boasts of an excellent team you can tap to administer for back office. Its dedicated fund administration team can help you on any issues you may encounter and provide necessary insights to realize the best value.
Moreover, Carta lets you effortlessly grow your investor relations. You can send capital calls and calculate and manage distributions as well as track commitment and contact details and action statuses. Its LP portal also lets you share pertinent requirements and documents with your investors.

Generate audit-ready ASC 820s

Investors are mandated to show necessary documentation on carrying values of their businesses. Carta leverages the best technologies available for you to deliver on your ASC 820 valuations. Access the best and most precise data and use it to estimate and increase your valuations. A valuation report is downloadable whenever and wherever you need. These reports are customizable depending on your requirements.

Enable effective management of certificates

The solution features a reliable system for safekeeping your certificates. Carta assures that your documents and certificates are secure and safe from even the worst hazards through its 600 lb, maximum-security vault. The solution also takes care of certificate custody and assistance for quarterly reporting. The data you submit to Carta will then be uploaded to the cloud to ensure data consistency between your actual documents and electronic copies.