Carta Launch open beta

Carta Launch open beta

Author: Reed McBride
Read time:  3 minutes
Published date:  August 1, 2019
Launch is built for early-stage companies with under 25 stakeholders that have raised less than $500K. It's available exclusively through our law partners.

Free cap table management for early-stage companies available through law firms

At Carta, we’ve helped over 13,000 companies issue securities and manage their cap tables. Many of these cap tables were “ broken,” meaning they were full of errors before we moved them to Carta. Starting off with a clean cap table, that automatically updates when companies issue securities, saves founders, finance teams, and lawyers from having to fix costly errors in the future.

However, starting off with cap table software and transfer agent services isn’t always top of mind when companies incorporate. It also isn’t necessarily the first thing founders want to spend money on when they’ve raised money from Angel investors.

So we built a free version of Carta just for early-stage companies, which still allows them to issue securities, keep a clean cap table, and execute board consents. Launch is available in open beta starting today, exclusively through our partner law firms. By partnering with law firms, founders can get set up quickly and accurately while they focus on getting their company off the ground. Law firms have deep experience with equity management, and our onboarding flow makes it quick and easy to get companies set up.  

How to get started with Carta Launch

Launch is built for early-stage companies, meaning companies with up to 25 stakeholders that have raised up to $1M are eligible. When companies grow and want to access 409A valuations, scenario modeling, and more, they can upgrade to a premium plan at any time and get started with new features and services instantly.

If you are a founder or work at a startup that needs to start issuing equity, talk to your lawyer and ask them to put you on Launch. If you don’t yet have a lawyer, contact us and we can refer you to a firm who will understand your company’s needs.

If you are part of a law firm and want to help your early-stage clients take advantage of this free offering, get in touch with our partnerships team, and we’ll get your firm started with Launch.

DISCLOSURE: This communication is being sent on behalf of eShares, Inc. dba Carta, Inc.  Certain transactional fees may apply. This communication is not to be construed as legal, financial or tax advice and is for informational purposes only. This communication is not intended as a recommendation, offer or solicitation for the purchase or sale of any security. Carta does not assume any liability for reliance on the information provided herein.

LAUNCH TERMS AND CONDITIONS: To be eligible for Launch, a company must sign up through a law firm partner and meet eligibility criteria. This offer is valid only for new customers.  Carta’s usual subscription terms and conditions apply to the premium upgrade plans (see /terms-of-service/).

Carta reserves the right to change or terminate this offer at its sole discretion. Offer may not be used or combined with other coupons, promotions, or special offers. Offer cannot be used for any subscriptions previously entered into. The offer will be deemed fully redeemed once a qualifying subscription has been made. The offer has no cash value and no refunds or cash alternatives will be offered. Not available in all countries. International subscriptions may be subject to approval based on local regulations and policies of country of obligation and Carta’s capabilities, licenses, and regulatory approvals with respect to that country or jurisdiction. The offer is void where prohibited by law. The offer only has value when redeemed in accordance with all terms and conditions of the offer.

Reed McBride
Author: Reed McBride
Reed McBride joined Carta in 2019 and is VP of Strategic Partnerships + Ecosystem at Carta, and an active early-stage investor. Reed started his career as a start-up attorney at Orrick, advising tech companies on billions of dollars of VC and M&A transactions. He then scaled two start-ups over five years, building new teams and leading a diverse range of functions. Reed holds a BS in Mechanical Engineering with Highest Honors from the University of Illinois and a JD from Berkeley Law, where he graduated Order of the Coif and served on the California Law Review. When he's not at work, you can usually find him on a trail with his three kids.