Introducing the ability to send securities transfer instruction request emails and track partners' securities account status directly within Carta, eliminating the need for offline emails and improving visibility into the securities account status.

Why is this valuable?

Managing in-kind distributions is now more seamless and efficient for both GPs and LPs:

• In-App Email Delivery & Customization: Initiate, customize, and send request emails directly from the Partners tab of each fund entity—complete with your firm's logo and tailored messaging.
• Direct LP Frictionless Navigation: Request emails include a secure link that routes LPs directly to the Securities Transfer Instructions section of their portfolio for the given investment, ensuring quick and accurate completion.
• Real-Time Status Tracking: Add the new Securities Transfer Instructions column to your Partners table view to instantly monitor securities account setup progress directly in Carta without needing manual data exports.
  
  

Who is this available for?

In-app Securities Transfer Instruction requests and tracking are available to all Carta Fund Administration clients and their investors. 

To get started, navigate to your fund entity’s Partners tab and click Request Transfer Instructions > Securities Instructions to customize and send request emails to LPs. You can also adjust your Partners table view to add the Securities Instructions column for real-time status tracking.

What's new?

We have updated salary, total cash compensation, and equity benchmarks for all job areas and specializations across all peer groups.

Across all countries in this release, approximately 91% meet the medium / high confidence threshold for equity and 80% for salary, reflecting the strength and breadth of Carta's underlying compensation dataset.

Benchmark Trends

In aggregate, salary and total cash compensation benchmarks are higher than our last release, increasing by approximately 3% at the median. This represents a stronger quarter-over-quarter move than recent releases, where increases have typically been less than 1–2%. Increases are fairly consistent across company stages and levels. Similar to previous updates, specialization-level data continues to change more than the broader job-area sample, as sample sizes for specialized roles are smaller.

Equity benchmarks are also higher than last quarter, with a median increase of approximately 3% across most job areas - slightly stronger than recent quarters. AI/ML Engineering saw the largest median equity increase. Equity YoY growth across many job areas is substantial, reflecting continued market recalibration over the past year. 

What were the largest areas of movement from these benchmarks?

Salary - Salary benchmarks for most job areas and specializations are within 3% of last quarter's data. Engineering (particularly AI/ML), Sales, Finance, Design (Art & Graphic Design, General), Operations, and Product saw the strongest increases. 

Equity - Equity benchmarks are generally up 3–8% versus last quarter. The largest median increases were in Engineering (AI/ML), Sales, Marketing, Product, and Finance with 6-8% increases. 

How do I update my benchmark version?

You can preview the new benchmarks on your Scorecard by navigating to the Benchmarks page and clicking on the "Preview benchmarks" bubble in the top left.

Here you will have the opportunity to preview the new plan with the updated benchmarks version and assess their impact on your Scorecard before accepting the new plan.

Questions?

If you have any questions about these new benchmarks, please reach out to your Customer Success Manager.

Say goodbye to manual data entry—our new AI-Assisted Wire Account Creation feature uses advanced automation to handle the heavy lifting for your wire setups.

Why is this valuable?

Managing your banking details should be effortless. With AI-Assisted Wire Account Creation, you no longer have to struggle with cross-referencing messy wire instructions, guessing how to map nuanced data points to Carta's wire form, or entering the information manually.

With this new feature, you can simply upload your bank's wire instructions in PDF or image formats, and let our system handle the rest:

• Automated Data Extraction: Our system instantly extracts the relevant financial information and pre-populates the appropriate fields for you.
• Eliminate Manual Errors: By removing the need for manual data entry, this feature prevents typos, missing fields, or formatting mistakes before they cause processing delays.
• Streamlined Workflow: Complete your wire account setup with significantly greater speed, ease, and confidence.
  
  

Who is this available for?

AI-Assisted Wire Account Creation is now available to all Fund Administration clients and their investors. To get started, simply navigate to your Payment Settings section and upload your bank's wire instruction document to see the auto-population in action.

In several states (such as California, Texas, and Washington), any assets acquired during a marriage are generally considered owned 50/50 by both spouses.

Without this form, a company faces several risks:

• Divorce Complications: If a couple divorces, a judge might award half of the equity to the ex-spouse. The company doesn't want an "accidental" shareholder who isn't an employee or who might be hostile to the business.
• Transfer Restrictions: Most equity agreements have "Right of First Refusal" (ROFR) or specific transfer restrictions. A spouse who hasn't signed the agreement might claim they aren't bound by those rules.
• Voting Rights: The company wants to ensure that the voting power remains with the person actually involved in the business.

The spousal consent can be a separate document, but it is almost always bundled within the same "package" as the grant agreement, as an attachment or an exhibit. 

While the Grant Agreement is the contract between the holder and the company, the Spousal Consent is a side-agreement between the spouse and the company.

How do I use it?

To get started, navigate to Essentials > Manage Equity > Vesting and securities templates.

Once there click on Create document set.

Choose the security type > add the template name > provide the the file and click next.

Wait for a moment while Carta's AI reads the document and places the variable on all the right places.

Once done, make sure that spousal consent related fields are selected. This is key for the spouse to be able to sign the document through Carta.

While reviewing you can click on each page of the document and see how it will look like

Once ready, click Save document set below.

Once the holder accepts the security through Carta, they will be able to add their spouse information.

Add spouse information.

Accept the security.

Once that's done, the spouse will get a one time login via email.

They will then fill out their information, as it was added to the document set.

Finally, once that's done, the holder gets an email confirming their spouse has finished signing the document via Carta.

We’re excited to announce the launch of In-app Securities Account Collection, designed to streamline your next in-kind distributions with enhanced security.

Why is this valuable?

Managing in-kind distributions just got a lot easier. With In-app Securities Account Collection, you can now give your investors a secure, self-service portal to submit and manage their securities account details directly within Carta.

• Investor Self-Service Experience: Your investors get a secure, guided workflow to input and manage their securities account details directly through their Carta profiles, completely eliminating tedious email chains and messy shared folders.
• Built-In Data Validation and Encryption: Sensitive investor data remains secure inside Carta's centralized, encrypted platform. Plus, built-in data validation instantly verifies 4-digit DTC numbers and account formats during setup, preventing errors before they delay settlements.
• Full Traceability Through Data Export: You can now easily track completion status and instantly spot which investors have not yet provided their transfer instructions. You can export a unified list of investor-submitted details before the distribution begins, giving your team complete traceability and peace of mind that nothing is missing.

Who is this available for?

In-app Securities Account Collection is available to all Carta Fund Administration clients and their investors. To get started, invite your investors to log in and self-submit their securities transfer instructions directly in Carta by following the steps in this video:

Once your investors have submitted their securities account details, you can easily export their instructions by navigating to your fund entity’s Partners tab > Export > Export securities accounts.

How do I learn more?

You and your investors can learn more about this feature in our detailed guide within the Carta Support Center.

We are upgrading all our ASC 820 Valuations customers to our new Portfolio Valuations tool, built for the Carta's Agentic ERP.

Our new tool supports your entire end to end valuations process.

• Pull in Financials and Cap table information automatically from Carta
• Leverage CapIQ to get public comps and M&A transactions for your valuation
• Calculate the enterprise valuation using DCF, GPC, M&A, or other methodologies
• Use Carta's waterfall and OPM engine to automate the breakpoints and holdings value calculation
• Finalize your valuation, get automated reports and have the valuation data connect to your SOI and Data warehouse
• Manage your team access with granular permissions
• Get early access to the upcoming Carta Portfolio Valuations Plugin and manage valuations via your preferred AI agent

Speak to your account team about getting access, a walk through of the new product, and how you connect your Valuations to other parts of Carta's ERP.

What’s new?

Starting today Carta Total Compensation customers can add their target bonus and commission data for employees via their HRIS integration (or CSV/SFTP upload)

How do I add my target bonus and commission data?

If you’re using a Rippling integration, your bonus and commission data will sync automatically. Just delete any existing plans under Compensation Plan, and after your next sync, the correct values will appear in Carta.

For other HRIS platforms, contact our support team, and an agent will help set up the integration.

Questions?

If you have any questions about adding your target bonus/commissions data to Carta Total Compensation, please reach out to your Customer Success Manager.

Managing equity documents has always been done by manually editing PDFs or relying on external tools to fill in grant details. With our smart fillable templates workflow that won't happen anymore. Upload your own agreement documents and have Carta automatically populate them with the right data at the time of issuance.

With fillable templates, you can:

• Upload your own PDF agreement (option agreement, exercise agreement, equity incentive plan, PIU or RSA purchase agreement) and have it become the source of truth for document generation.
• Define exactly where each piece of information should appear on the document — using a point-and-click variable placement interface, or let Carta's AI suggest the placements for you.
• Automatically fill in details like stakeholder name, company name, award quantity, exercise price, vesting schedule, expiration date, and signatures — without any manual editing.
• Trust that Carta handles the PDF generation behind the scenes, overlaying each variable at the precise position you defined, every time.

How do I use it?

To get started, navigate to Essentials > Manage Equity > Vesting and securities templates.

Once there click on Create document set.

Choose the security type > add the template name > provide the the file and click next.

Wait for a moment while Carta's AI reads the document and places the variable on all the right places.

Review the document and the variable placement. While reviewing you can click on each page of the document and see how it will look like

Once ready, click Save document set below.

From that point on, whenever a grant covered by that document set is issued, Carta generates a fully filled PDF — inserting the real stakeholder and grant data directly into your template, at the positions you defined.

Who is this available to?

Fillable templates are available to company admins on Carta. 

What's new

Cap table reports are more consistent when run with drafts of PIU or phantom/CBU securities. 

Why is it important

Now drafted securities are consistently handled for fully diluted share counts:

• CBUs from plan are included
• Non‑plan CBUs are excluded
• PIUs from plan are excluded

How does it work

From the Run Reports screen, select Cap Table and choose Include draft securities under Additional Options.

Issuing equity has often felt complex, especially for founders and company admins handling just a few grants at a time. That’s why we’ve improved Carta's  workflow that helps issuing options quickly, confidently, and without needing vast equity expertise.

With this new workflow, you can:

• Follow a step-by-step flow designed for issuing up to five option grants (the most common equity event at early-stage startups).
  
  
• Avoid mistakes with built-in safeguards like template vesting schedules, legends, and warnings for edge cases.
  
  
• Feel confident knowing Carta still maintains compliance and data integrity behind the scenes.
  
  
• Sit back as we pre-fill the draft set with all information we have on the company and stakeholder

How do I use it?

In order to access it, navigate to Essentials → Issue equity → Options → New options draft set

Once there, click on global settings to define the behavior for the whole draft set

Information added to the global settings will apply to all grants within the same draft set

After this is done, start issuing the first grant by selecting the name of the holder. 

If Carta detects you have issued grants to that holder before, information will be filled out automatically in order to simplify the issuance. 

By clicking on the quantity field, it's possible to now see a glimpse of the current holdings for any specific holders.

Once ready, click submit to release the new grants.

If the issuance is for more than five grants, the in app spreadsheet workflow is still available.

Who is this available to?

This feature is now available to all Carta customers. 

We’re excited to make equity administration simpler and more approachable—from day one.