Carta now supports board consents for SAFEs
What's new?
Get your board's approval while creating SAFEs on Carta with the new SAFEs board consent feature. Our customers can be rest assured their SAFE financings are governed properly. If you've created SAFEs on Carta before this release don't worry, our feature allows for ratifications of previously issued SAFEs so you're audit ready.
Who's eligible?
All companies can fundraise through SAFEs and leverage Carta's board consent feature! Users with Full Access permissions will be able to see the consent creation step.
How can I access it?
If this is your first time creating a SAFE, Carta can assist in efficiently creating a board consent using the information provided. You can skip this step and create one later through the Board Consent tool or select Yes and you will be walked through the process.
Carta will remind you if you ever raise more money through SAFEs than your board had approved. If this ever happens, we'll prompt you the next time you create a SAFE or you can ratify previously issued SAFEs (with an option to adjust your amount if you intend to raise more later)