Fund administrators that use Carta’s ASC820 valuation tool can now use a time to exit in the valuation of less than 1 year when a predicted exit event is near.

Time to exit is used as an input in calculating the discount for lack of marketability which is often used when the valuation is derived from publicly traded market comparables.

We hope this makes it easier for you value even more of your portfolio companies. For any feedback, questions, or comments, please reach out to investorservices@carta.com.

We recently shipped a new feature for fund administration customers to help organize your schedule of investments. You can filter by your customized tags, and generate exports based on the filter parameters.

Learn more about tagging your investments on Carta.

We hope this feature helps you manage your funds during the busy reporting season. We’d love to hear your feedback, so don’t hesitate to reach out at investorservices@carta.com with any questions or comments.

We released a new flow for terminating stakeholders.

We’ve heard your feedback about the terminations workflow and have made some changes to improve it. These changes will address the following:

• Highlight the impact the termination has on the stakeholder, company and cap table.
• Show all notifications that will be sent to terminated stakeholders.
• Catch incorrect data as soon as it is entered.

Before

Step 1

Step 2

Step 3

After

Step 1: Termination details

Step 2: Notifications

Step 3: Confirm dates

Step 4: Review termination

Learn more about the new terminations flow >

We’ve listened to user feedback and worked with our support team to identify a number of design improvements to our bank account verification flow. The goal of these changes is to replace confusion with clarity, and deliver an improved user experience.

Add payment method

We’ve made it easier for users to find the action for adding a bank account.

Before

After

Verify account

Once test deposits have been received (usually after 2-3 business days), we’ve made it easier to find the “Verify account” action.

Before

After

Verify deposits received

Users have been confused about how deposits should be entered. We have clarified the language of our “Verify bank account” modal to make the expected inputs clearer.

Before

After

Next week we will be releasing a new flow for terminating stakeholders.

We’ve heard your feedback about the terminations workflow and have made some changes to improve it. These changes will address the following:

• Highlight the impact the termination has on the stakeholder, company and cap table.
• Show all notifications that will be sent to terminated stakeholders.
• Catch incorrect data as soon as it is entered.

Before

Step 1

Step 2

Step 3

After

Step 1: Termination details

Step 2: Notifications

Step 3: Confirm dates

Step 4: Review termination

Learn more about the new terminations flow >

Based on client feedback, we’ve updated the process to amend equity plans on Carta.
The design changes make the flow clearer and should help prevent erroneous amendments from being entered on Carta as well as update the copy to be more educational.

Before

Step 1

Step 2

After

Step 1

Step 2

To learn more about how to enter an amendment for an equity plan, visit
this article.

Tax season is almost upon us!

Due to demand and in the spirit of improving core features, we’ve introduced functionality which automatically generates and e-signs your W8BEN form in 3 simple steps.

1. Enter in your personal information as usual, make sure your Country of Citizenship and Residence is not the United States.
   
   
2. We’ve built the ability for users to input their tax treaty data if applicable.
   
   
3. Review your information, check on the terms, and sign! Easy.
   
   

Additionally, if you need to download your completed form, you can do so via the link on the profile page. Questions? Concerns? Feel free to reach out to support@carta.com

Over the next couple days, we’ll be rolling out a new update to the iOS app.

We heard your feedback from the App Store and have rebuilt our app to improve:

• Stability and reliability
• Sign in and registration
• Navigation (check out the new home screen!)
• Equity education

You’ll be able to find our new app on the iOS App Store. As always, we welcome your feedback to feedback-mobile@carta.com.

We now ask for a photo that you can take with your smartphone in just a few seconds. The new process is following best practices in security and makes the process for 2FA reset much faster and safer for our users.

We improved the process of setting up the password when account is being created. Carta now instantly shows how strong is the password and gives recommendations on how to improve it.

These improvements should keep your data safer and experience to be a bit more friendly.