Carta

Private market software is too fragmented. Today, we’re ending the era of disconnected data: Carta now has a CRM.

@startupbross we'll be here every week. no judgment 🔮

Your equity is worth $0 and will always be worth $0 but somehow you still check Carta every week like you're reading your horoscope

The median initial grant issued to non-founder CEOs at PE-backed corporations comprises about 2.3% of total company equity, nearly 5x greater than the median initial grant for other members of the C-suite (0.45%). @cartainc

@the1024th @evandoyleDEV 🎢 and what a ride!

@evandoyleDEV That all changed when we interned at @cartainc. Getting in on the ground floor of what quickly became a rocketship changed the trajectories of both of our careers forever. To quote my manager Eric Hurkman at the time - "why work a 9-5 when you can ride a rollercoaster instead?"

I met my co-founder over ten years ago. @evandoyleDEV and I were randomly matched as roommates at UC San Diego in 2015. We were both studying CS and had minimal interest in startups at the time.

Platinum Employer, 2026. @wywmatters whereyouworkmatters.org/company/Carta/

Full benchmarks across IRR, TVPI, and DPI for 2,906 funds spanning 2017–2025 vintages: carta.com/data/vc-fund-p…

3/ 2025 was a record year for startup M&A — and LPs are starting to feel it. More than half of 2020 vintage funds have now returned at least some capital. For the 2021 vintage, about a third have started recording DPI. The exit window is opening. Slowly, but it's opening.

New Q4 2025 VC fund performance data is out. Three things worth knowing: 🧵

@JellLisa @MorganStanley Onward! 🚀

@cartainc @MorganStanley Great insights on IPO readiness! Effective planning is key. In the current economic climate, ensuring tax strategies and liquidity management can truly optimize outcomes. Let's innovate and adapt, especially with evolving market conditions!

An IPO is a major company milestone, but your personal readiness—from documenting QSBS to structuring your legacy through diversification—must be locked in long before the opening bell. Join Carta and @MorganStanley on March 10th for a discussion on the Executive IPO Playbook: z.carta.com/3OFQaWe We’re covering: > The Tax Clock: Why 18 months out is the critical window for QSBS. > Liquidity: Managing cash flow during the post-IPO lock-up. > 10b5-1 Plans: Leveraging early adoption to establish a rigorous framework for regulatory transparency and financial diversification.

@theListAlpha From the first coffee shop meeting to the final capital call, your front and back office are finally on one platform. Check out the vision from Henry Ward: z.carta.com/4bkdu4s

By acquiring @theListAlpha, we’ve unified your relationship notes with the hard reality of your fund’s ledger. ✅ Live fund metrics (IRR/DPI) synced to LP records. ✅ AI-powered memos in under 10 seconds. ✅ Automatic email and meeting capture.

Private market software is too fragmented. Today, we’re ending the era of disconnected data: Carta now has a CRM.

Interesting venture market data summarizing 2025 (Carta): - Average seed and Series A dilution just over 19% -Average money raised in Q4 was high at $4.5M at seed and $13.5M at Series A -400 tender offers (62% YoY increase) with an average offering around $54M with the median at $22M -Average post-money valuation of companies doing tender offers was $1.55B -Seed valuations for AI and non-AI companies were roughly the same (which I think just means all net new seed companies in 2025 were "AI companies") -Median Series A valuation for non-AI companies was $55M and AI companies at $75M Already seeing serious premiums to the above data so far in Q1 26....

Building a company is hard enough. Managing a 401(k) program shouldn’t be. Introducing: Carta 401(k) for founders and high-growth startups. Powered by @Vestwell and @MorganStanley, we’re reducing the admin headaches so you can get back to building. carta.com/blog/carta-401…

@LilyyDefi That's what we're here for 🔧

@cartainc Private markets finally getting real operating rails.

For decades, the back and middle offices of private funds have been running on a wing, a prayer, and a lot of broken Excel formulas. While corporations have Netsuite and SAP, private capital has mostly been left to fend for itself. We are changing that. At Carta, we’ve crossed $500M in revenue and raised over $1B to solve a massive problem: the fragmentation of the private market tech stack. As an international company with a global footprint, we started with cap table management and then built the first true ERP for PE, VC, and Private Credit. We now connect the entire life cycle of capital from the first line of a founder’s cap table to the final K-1 in an LP’s inbox. By touching every node from founders to allocators, we’re finally shining a light on how private capital actually moves.

@raintures 🙌

@cartainc Private capital finally getting real infrastructure

@Julian_defi 🙌 You said it!

@cartainc Clear vision and massive problem to tackle Unifying the private market tech stack feels long overdue Connecting the full capital lifecycle is how real transparency gets built

@ZockerAlt @MadronaVentures Glad you found it helpful!

@cartainc @MadronaVentures Massive one, just followed you guys. Would really appreciate a follow back 🤝

Set your alarm! Tomorrow @ 10am PT / 1pm ET, Ashley Neville from Carta and Mark Nelson from @MadronaVentures are breaking down the state of private markets. If you’re planning a raise in 2026, this is the data you need to see before everyone else. RSVP: z.carta.com/4awQTjK