| Founded | 2012 |
|---|---|
| Closed | 2024 |
| Country | USA |
| Sector | Fintech |
| Total raised | $630M |
| Collapse type | Fraud Explosion |
| Founder | Henry Ward, Manu Kumar |
Carta
"The $8.5B cap table management platform that lost enterprise clients after a data misuse scandal revealed a rep had used client equity data to solicit competing investors"
Sudden collapse triggered by fraud exposure
Key Events Timeline
Carta was the dominant cap table management and equity software platform, used by thousands of startups and venture funds to manage equity ownership.
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