Carta funding rounds & valuation history
Carta, the San Francisco equity-management and cap-table software company, from its 2019 Series E to the 2022 employee share sale and a reported 2024 secondary at $2B, sourced to TechCrunch, Crunchbase News, Axios, Global Venturing, Fenwick and posts by CEO Henry Ward.
Round history
Newest first. Dashed badges and striped rows are not closed transactions. “—” means the source does not disclose the figure or it cannot be computed on the same basis; see the note in each row.
| Date | Status | Round | Amount | Lead / buyer | Valuation | Val. ÷ run-rate | Source |
|---|---|---|---|---|---|---|---|
Reported talks |
Planned secondary sale (reported)Reported, not confirmed: TechCrunch says “even $2 billion may prove ambitious”; Carta did not comment. No completion has been reported in the sources found (13 Nov 2026). A secondary sale, not a funding round, so it is not the last-closed valuation. |
Not disclosed |
Jefferies (bank running the sale) |
$2B (sought, reported)TechCrunch sources: a secondary sale “that would value the company at $2 billion”; Carta had hoped for $4B; not confirmed by Carta |
—Not disclosedTalks-stage or discussed figure; no multiple |
||
Tender |
Employee share saleAxios (3 Nov 2022): valuation “jumped to $8.5 billion earlier this year after employees sold shares to investors”. Exact sale date not given; the row uses the report date. Secondary, not a primary round. |
Not stated |
—Not disclosed |
$8.5BCEO Henry Ward to Axios |
—Not disclosedTender price, not a new round; no multiple |
||
Closed round |
Series GThe $6.9B pre-money matched the price set in the February 2021 CartaX auction (Henry Ward). |
$500M |
Silver Lake |
$7.4BPost-money; $6.9B pre-money (Global Venturing)2.39× vs prior closed |
—Not disclosedNo run-rate stated in the announcement |
||
Tender |
CartaX secondary auctionCarta’s own shares sold on its CartaX exchange in 1,484 orders: a secondary sale with no new primary capital. |
$99.7M |
414 buyers on CartaX |
$6.9BAuction price (“Carta market cap: $6.9B”, Henry Ward) |
—Not disclosedTender price, not a new round; no multiple |
||
Closed round |
Series FSource conflict on size: Carta’s law firm Fenwick says $180M (used here); Henry Ward’s Feb 2021 post says “a $200M Series F”. Date is Fenwick’s posting date. |
$180M |
Lightspeed Venture Partners, Tribe Capital |
$3.1BPer Henry Ward and TechCrunch1.82× vs prior closed |
—Not disclosedNo run-rate stated in the announcement |
||
Closed round |
Series ECame five months after an $80M Series D (December 2018, Crunchbase News). |
$300M |
Andreessen Horowitz |
$1.7BPer TechCrunch and Crunchbase News |
—Not disclosedNo run-rate stated in the announcement |
Valuation at each closed round
Closed primary rounds only. The CartaX auction ($6.9B), the 2022 employee sale ($8.5B) and the reported 2024 secondary ($2B) are not plotted.
Sources: TechCrunch; Crunchbase News; Henry Ward; Global Venturing. US$ billions, linear scale.
Timeline
Each round and share sale, oldest first.
- 6 May 2019 · Closed
Series E: $300M led by Andreessen Horowitz at $1.7B.
- May 2020 · Closed
Series F: $180M led by Lightspeed and Tribe at $3.1B.
- 4 Feb 2021 · Secondary
First CartaX auction: $99.7M of Carta shares sold at $6.9B.
- 13 Aug 2021 · Closed
Series G: $500M led by Silver Lake at $7.4B post-money.
- 2022 · Secondary
Employee share sale at $8.5B (reported by Axios in Nov 2022).
- 6 Jun 2024 · Reported
Secondary sale planned at $2B, down from $8.5B (TechCrunch sources); completion not reported.
Cite this dataset
Free to quote with a link back. Copy this citation:
Carta Funding Rounds & Valuation History. Private Valuation & Funding Round Tracker, GrowthNavigateFunding.net, updated 13 Nov 2026. https://growthnavigatefunding.net/funding/carta/
Download the data
The same 6 rows as the table: numeric US$ columns, empty cells where a figure is not disclosed, and a source URL for every row.
- File
carta-rounds.csv(UTF-8, comma-separated)- Stable URL
https://growthnavigatefunding.net/wp-content/uploads/2026/11/carta-rounds.csv- Columns
id,date,date_precision,status,transaction_type,round,amount_usd_low,amount_usd_high,lead_or_buyer,co_leads,valuation_usd_low,valuation_usd_high,valuation_basis,valuation_to_run_rate_multiple,multiple_bound,multiple_basis,step_up_vs_prior_closed,price_per_share_usd_low,price_per_share_usd_high,shares,source,source_url,other_source_urls,notes,last_updated- Updated
- (IST)
Methodology & status definitions
How each row is labelled and calculated.
Closed round
A primary round announced by the company or confirmed in the press, bringing new money to the company.
Reported talks
A raise reported by the press as under discussion and not confirmed as closed. Not charted, not the last-closed valuation; no step-up or multiple.
Tender
A sale of existing shares (employee tender, secondary or buyback). It brings no new primary capital, so it is Status, not the last-closed valuation; no step-up or multiple.
Valuation ÷ run-rate
Post-money valuation ÷ the run-rate the company stated in that announcement (GNF calc.). Where the run-rate is “crossed” or “over” a figure, the multiple is shown as “under X×”. No row qualifies here unless shown, so no multiple is invented.
What is not a separate row
Seed to Series D rounds (2013–2018, partly as eShares, including the $80M Series D in December 2018), acquisitions, and tender offers Carta runs for other companies.
Updates & corrections
This page stays at one address and is updated in place; the “Last updated” date above drives the citation and the dataset metadata. Corrections: hello@growthnavigatefunding.net. Informational only; not investment advice.
Changelog
- : Dataset first compiled (batch 2, not yet published).
Sources
- TechCrunch: Carta’s valuation to be cut by $6.5 billion in upcoming secondary sale, 6 Jun 2024
- Axios Pro: Cap table startup Carta valued at $8.5 billion, 3 Nov 2022
- Henry Ward (Medium): Carta Series G, Aug 2021
- Axios: Carta raises $500 million at $7.4 billion valuation, 13 Aug 2021
- TechCrunch: Carta says it just used its own product to establish a new… valuation for itself, 13 Aug 2021
- Global Venturing: Carta darts to $500m series G, 16 Aug 2021
- Henry Ward (Medium): Finally, a private stock exchange, 4 Feb 2021
- TechCrunch: Carta’s startup liquidity service CartaX conducts first transactions on its own cap table, 4 Feb 2021
- Fenwick: Fenwick Represents Carta in $180M Financing, 10 May 2020
- TechCrunch: Carta was just valued at $1.7 billion by Andreessen Horowitz…, 6 May 2019
- Crunchbase News: Carta Raises $300M At $1.7B Valuation, 6 May 2019