Carta Total Comp 

Carta cap table customers can now access our benchmarking and planning platform to streamline their compensation processes and compensate with confidence.

What’s new?

Workflow tools built on top of the world’s largest equity data set and powerful HR integrations to help you make better compensation decisions faster. Carta Total Comp customers are now able to access the following compensation benchmarking and planning features:

• Automated Leveling - Map each of your employees into an area, track and level using Carta’s universal leveling framework.
• Scorecard - Summarizes employee salary and equity information from your HRIS and cap table to give a holistic overview of your organization’s total compensation.
• Bands - Automatically generate equity and salary bands for any role by filtering for job area, track and location.  
• HRIS Integration -  Integrate instantly with any of the most common HRIS systems.
• Coming Soon - Plan -  Easily build, manage and apply your compensation strategy across your employee base.

Get a pulse on your org through your company Scorecard tab

Benchmark any role in the Bands tab

Availability

• If you are interested in learning more about Carta Total Comp, please reach out to your Carta Customer Success Manager or sign up here.
• You must be a Carta cap table customer to sign up for Carta Total Comp.

Additional Resources 

• Carta Total Comp announcement from our Chief Product Officer, Heidi Johnson. Link to Blog Post.

We've listened to your feedback on watermark styling obstructing the readability of the documents and we've made a few changes to address those concerns. We'll continue to iterate on our watermarking capabilities and tools in the coming months and we are starting with the following changes.

Here's a sample document with the old watermark styling

Here's the same sample document with the new watermark styling

Specifically, we've made the following changes with this iteration:

• Reduced opacity of the watermark text
• Updated alignment between the rows
• Fewer repetition
  
  

Who these changes affect?
All Carta users who choose to apply watermark on their documents. These changes will be rolling out to all users today.

What’s coming: We've made a few changes to our login screen to help users get access to their Carta account. We want to make sure your first interaction with Carta is clear, simple, and secure.

Who this affects: 

• All Users accessing the login screen.

What’s new:

• Added a new link to help troubleshoot log in issues and contact support.
• Updated the show password toggle to an icon to simplify the page layout. This is consistent with our designs also on our registration page.

  
  
  
  

New log in page

Previous log in page

Over the last few months, we’ve been listening to your feedback on our changelog and identified usability and customization as two areas for improvement. Today, we are announcing our new and improved Release Notes in order to provide you with up-to-date information and news on Carta product changes. 

Key features of our Release Notes include:

Filter by label

You can now filter out notes to only include the ones you care about most. You will be able to filter by Carta product area (Corporations, Investor Services, Platform, and CartaX), customer type (Employee, Equity Administrator, Board Member, etc. ), or release stage (General Audience, Preview, etc.)

You can filter by label on the right hand side of the screen by selecting the label you’d like to see notes on.

Subscribe for recurring product updates

Curious to know about all the great things we’re releasing on a regular basis? Subscribe to our Release Notes. You will get an email to your inbox whenever we post a new update. You can find the subscribe button at the top of the Release Notes page.

Legal admins can now mark a previously approved board consent as “Void”. Voided board consents will no longer be visible to the company’s admins or board members; however, for data integrity purposes, the data will be preserved in Carta’s audit logs.

Note that board consents approving 409A reports or new option grants cannot be voided, as those cap events are linked to the consent itself. If an admin requires assistance with a consent of this nature, they should work with Carta Support.

Today we’re releasing our redesigned email kit. Emails are often the first touch points we have with our users. They should be a clear and helpful experience: users understand the information being communicated, understand who the information is being communicated from, and know what steps to take next via a clear call to action.

While we got some great mileage out of our previous email design kit, our site and its complexity have changed. And it was time for our emails to get with the times. Here are some highlights that our release today will change:

Better compatibility

• Mobile optimized across all screen sizes
• Improved compatibility with Outlook and other email clients

Clearer branding

• Upgraded our co-branding support to display logos of some investor senders using the platform
• Added the Carta logo and simple branded accents that match carta.com

Cleaner UI

• Revamped headings, body text, call to action, etc. Pretty much everything got an upgrade
• Higher contrast to improve readability

Confetti

• Oh yeah, it’s still there 😊🎉

An email from Carta is often the first interaction we have with our users—and we aim to make this first impression a great one. That doesn’t mean we need to be splashy. Rather, it means we want to provide clear information to our users that helps them understand what Carta is and how we can help them manage their assets and equity. For users who’ve been with us a while, we hope these emails continue to reflect the high quality or our software and services.

Carta last updated its emails in November 2017. We’ve changed a lot since then, and we’ve learned a lot, too. In one week, we will release a revamped version of our emails that we hope solve some problems that our users and data helped us identify as well as better reflect our brand today. Today, we’re giving you a preview of what those changes will look like:

We’ve said hello to many employees, companies, investors, board members, law firms, and others around the world the past few years. We think these emails will help us say hello even better going forward.

We’re excited to announce that we have introduced the ability to retract a board consent on Carta!

Retracting a board consent is easy. Simply click on the “Actions” dropdown on the details page and select “retract consent”:

You can also retract a consent from the board dashboard by clicking on the grey dropdown and selecting “retract”:

Once you retract a consent, it will move the consent back into “draft status”. A consent can only be retracted if no board members have approved it.

We hope this helps make drafting board consents easier and more intuitive!

If you are a company or legal administrator, you will now be asked to add a board member to the company’s account during onboarding.

Why add board members during onboarding?

Board members are one of the most important stakeholders of a company. At Carta, we’ve built some features around board management and governance that make it easier for board members to streamline all their processes on Carta. For example, Carta makes equity grants even more efficient for board members by allowing board consents to be drafted and approved so that you can issue option grants to stakeholders without waiting for the next board meeting.

There is a new task in the Onboarding Setup Guide that requires companies with less than 25 stakeholders to add a board member to their account before going live.

If you’re a law firm user onboarding a company to the free Carta Launch Plan, you will see the same task in step 3 of the Launch Setup Guide.

When the company’s board members are added to the account, they will immediately be sent an email asking them to create their account and login. By default, board members will be added to Account Users but will not have access to view the company’s cap table unless you modify their level of access by visiting Account Users.

We believe it is valuable for companies to add their board members during their initial implementation. Capturing data and information early on will ensure the company is set up for success when utilizing Carta and realize the full benefits of our platform.

If you have any questions about Carta’s board management and governance features, please send a note to growthproduct@carta.com

Learn more about creating board resolutions on Carta >

We’ve made it easier to add multiple resolutions into one board consent document. Going forward, you can add as many resolution templates into the consent editor as you need.

To add a new resolution template to a consent, open a draft consent and click on the “X” icon. Choose “resolution template”:

From here, you can drop in any template that you have saved:

Once a template is selected, it will populate into the consent document:

We hope this helps make drafting board consents easier and more intuitive!