“Can a cap table management platform become the financial operating system for all of private capital — connecting startups, fund managers, and investors through equity, compliance, and fund operations?”
Founded in 2012 as eShares to put paper stock certificates in the cloud, Carta evolved into the dominant cap table management platform for US private companies. By 2019 it had expanded into fund administration, serving venture capital and private equity. The company increasingly embedded legal and compliance services (Carta Law), and now operates as a multi-product private capital OS spanning cap tables, fund management, 409A valuations, liquidity programs, and investor AML/KYC — connecting startups, investors, and fund managers on one platform.
Carta discloses Coastal Community Bank as its banking provider, according to the Embedded Finance Index 2026.
Carta does not disclose a bank charter of its own; its banking services are provided through Coastal Community Bank.
Carta processes payments through Stripe. Disclosed money-movement rails: ACH.
Carta's lending and capital products are provided by Coastal Community Bank.
Carta connects to bank accounts through Plaid and Quiltt.
The Embedded Finance Index 2026 maps 5 layers in Carta's stack: Payments / PSP (Stripe); Money movement (ACH); Banking / BaaS (Coastal Community Bank); Lending (Coastal Community Bank); Open banking (Plaid and Quiltt).
Carta was founded by Henry Ward and Manu Kumar and is founded in 2012, headquartered in San Francisco, CA, USA.
Carta has raised $1.1B in total (latest round: Series G (or later); valuation: $8.5B (reported 2021)).
Get a read on where your own stack stands against Carta and the rest of its category — what they built versus bought, which providers they use, and where the gaps in your own strategy and competitive set actually are.