What’s new?

We’ve enhanced our fund formations so fund managers can now access a self-serve, guided experience, all in the same platform they manage their funds. 

What’s important about this change?

Whether you’re an emerging manager forming a fund for the first time, or an established GP looking to scale your firm, Carta makes the fund formation process quick and easy with an in-app, step-by-step experience. 

You’ll be able to understand exactly what step in the formation process you’re on, what information you need to provide, and how many steps to go. 

How does it work?

You’ll be guided through the formation process step-by-step, starting with the basics like adding members to your fund and providing details like the name of your entities. 

After you enter your fund details, we’ll form your entities with Delaware and obtain your EIN, removing days of manual work by automating this process.

Next, you’ll move on to more complex items like fund financials and ownership stakes. You’ll get to define fund terms for legal agreements like closings and waterfalls, and set your management fees. If you’re new to venture, we’ll provide you guidance and best practices along the way.

The last step in structuring your fund is signing final documents like your LPA and Operating Agreement. All of the information you entered in the steps prior to this is what populates these documents here.

You can easily track who’s been invited to sign these documents and their progress.

Once all steps are complete and documents are signed, you can then get ready to invite investors to close into your fund. Carta’s data room and closings tool makes the closings experience smoother for both you and your investors.

How do I learn more or get help?

To learn more about Carta’s Fund Formation, reach out to your Account Director or if you’re new to Carta, schedule a demo today.