What’s New?

Institutional investors can now view confirmed sell-side opportunities directly on Carta.  Investors can view, filter, and review the full set of confirmed sell orders, along with details about company fundraising details, reference price ranges (if applicable) and applicable transfer restrictions.  

Investors can also indicate interest in purchasing the shares listed. 

How does it work?

Log into your Carta account, complete an onboarding questionnaire and then enter the liquidity platform under the “marketplaces” tab.  From there, investors can browse opportunities.

You can submit interest in buying shares listed on Carta:

1. Log into your Carta account and navigate to the Investor Dashboard under Carta Liquidity.
2. View the Supply Board on the “Marketplaces” tab.
3. Clicking on the “Buy” button to submit your interest
4. If you don’t see a company you’re interested in, you can still submit interest by emailing: investor_coverage@cartacapitalmarkets.com 

Who is this available to?

This is only available to Carta Liquidity customers. If you’re interested in learning more about Carta Liquidity and get access to the platform, please reach out to investor_coverage@cartacapitalmarkets.com or your account manager.

Disclaimer: Carta, through its wholly owned broker-dealer subsidiary, Carta Capital Markets, LLC, offers a streamlined experience for executing pre-negotiated stock transfers, tender offers, and other secondary liquidity transactions. Carta Capital Markets, LLC is a member of FINRA/SIPC.

What’s new?

Carta Total Comp has two new data updates: New specializations and updates to our international data. 

Our benchmarks now support three new specializations in the Sales job area: 

• Account Executive
• Sales Development Representative
• Sales/Solutions Engineering

Note: Our sample size for new specializations can be smaller than job area benchmarks, which could result in data volatility as we continue to update the data and grow our overall sample size. 

Additionally, we have updated international market adjustments and the six-month rolling exchange rates that are used to convert USD to international currencies. These new adjustments and exchange rates are live for all Carta Total Compensation customers. Note that in the following countries, salary and/or equity adjustments have changed by 10% or more: India, Brazil, Ukraine, Hungary, Mexico, Armenia, Estonia, and United Arab Emirates. 

How do I see benchmarks for the new specializations?

You can view benchmarks for the new specializations by:

1. Visiting the Benchmarks page and selecting “Sales” under Area. Once the job area is selected, you can select any of the new specializations by selecting the Specialization dropdown.

2. This will allow you to view salary/equity benchmarks for levels 1 - 8 for Sales/Solutions Engineering. For Account Executive and Sales Development Representative, data are available for levels 1-6.

3. The above process can be followed for each of the new specializations.

How do benchmarks for the additional specializations affect the Employee Scorecard?

The compa-ratio is a quick way to compare an employee's compensation to your plan's target rate for a given job area, level, and location. The compa-ratios for an employee assigned to the new Sales specializations will now be calculated using the target compensation for the specialization, not the job area.

How do I update my benchmark version to use new specializations?

You can update your compensation plan to use the latest benchmark versions either by visiting the Plan page and clicking on the "Update available" link in the Active Plan window.

You can also 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.

How do I see new international market adjustments? 

1. To see new international market adjustments, navigate to the Plan tab and scroll down to International Market Adjustment.

2. Market adjustments will automatically be updated. You can customize any adjustments by using the Edit button on the right.

What’s next?

The Carta Total Compensation team is working on our Q3 benchmark refresh for all job areas and specializations

What's new?

Send reminders for pending capital calls in one click. 

What’s valuable about this change?

Ditch following up with LPs over email. Instead, you can quickly identify which investors haven’t completed their capital call and send them a reminder directly on Carta.

What do I need to do?

1. Log into your Carta account and select the relevant fund
2. In your Capital activity tab, click on Capital Calls, and toggle to Pending Investors

3. Use the “Notify investor” button to initiate reminder emails for either all pending capital calls or specific due dates
   
   

Note: Pending Investor tags may be delayed by up to 48 hours. 

How do I learn more or get help?

Get in touch with your Account Manager or talk to one of our representatives today. 

What's new?

Send capital calls and distribution notices to your investors in a few clicks.

What’s valuable about this change?

You can now approve a capital call or distribution and send notices to LPs immediately or schedule them for a later date.

What do I need to do?

1. Log into your Carta account
2. Select a task to review a capital call or distribution in your Activity tab
3. Review the amounts table
4. Approve the capital call and send notices to your investors immediately or schedule them

How do I learn more or get help?

Get in touch with your Account Manager or talk to one of our representatives today. 

What's new?

Call capital more precisely on Carta.

What’s valuable about this change?

Now, you can call capital by dollars or percentage of total commitments, up to the hundredth decimal place.

What do I need to do?

1. Log into your Carta account and navigate to the Activity tab
2. Click Request capital call and follow the prompts
3. Specify your rounding preference and whether you want to call capital by dollars or by the percentage of total commitments

How do I learn more or get help?

Visit this article for a more detailed look at the capital call request tool.

What's new?

You can now easily modify the due date of a capital call in Carta Carry.

How does it work?

Once your capital call is ready for review, tap Edit above the current due date. 

Once the due date is updated, your capital call PDFs will automatically update with the new due date so you can quickly review and approve.

How do I learn more?

To learn more about Carta Carry, check out this support article or reach out to your Account Manager for a demo today.

Don’t have the app? Download it on iOS or Android.

What's new?

We’ve added an investor breakdown view before you submit or approve a capital call so you can see the contribution amount per investor. 

What’s important about this change?

You now have a transparent view into the amount each LP is contributing to a given capital call from your phone.

How does it work?
Select Request capital call from the Quick Actions available on your home screen and fill in the information requested.  

On the View Summary screen, click View next to Investor Breakdown to see the contribution amount for each investor in both dollars and percent.

Once ready for approval, you can view the investor breakdown by tapping Review, then clicking View next to Investor breakdown on the Review Capital Call page.

To learn more about Carta Carry, check out this support article or reach out to your Account Manager for a demo today. 

Don’t have the app? Download it on iOS or Android.

What’s new?

Employees who have access to Carta Tax Advisory through their employer now have access to International Tax memos for their country*

The Tax Memo includes information about the cost and tax implications of owning equity in a private company.  Each tax memo is tailored to the specific country an employee resides and includes information on:

• Key equity and tax terms
• How equity awards are taxed when exercising
• Strategies for lowering taxes when exercising or selling equity awards.
• Overview of local tax filing requirements

What do I need to do?

You can access the new feature directly from your portfolio, or navigate to the ‘Learn’ page in the navigation bar.

Have questions? Contact product@carta.com

*Initial countries limited to: United Kingdom, Australia, Canada, India, and Israel

What’s new?

Starting today, customers can export data from the Benchmarks page as a CSV file to use in their compensation analyses outside of Carta Total Compensation. The feature is active for all Carta Total Compensation customers and can be accessed from the Benchmarks page.

How do I access it? 

1. Navigate to the Benchmarks page in Carta Total Compensation. 

2. Choose the specific filters for the data you’d like to export, including the Location, Area, Specialization, Track, and compensation type. 

3. Click the “Export” button that appears under the filters. 

What’s next?

Carta Total Compensation is developing benchmarks for new specializations.

Questions?

If you have any questions about how to export Benchmarks data or if you have suggestions for additional export functionality, please reach out to your Customer Success Manager.

Employees with the Tax Advisory Learn page can now watch six new videos. The new videos include

• Exercising ISOs
• Exercising NSOs
• Exercising framework
• Ways to sell your shares
• Tax implications of selling
• 83(b) elections

Log in to your Carta account and navigate to the Learn page to see personalized reccomendations to help you understand your equity compensation!