CARTA VS. SHAREWORKS

Why choose Carta over Shareworks?


Carta easily scales with you for all of your equity management and compliance needs, from incorporation to financings, liquidity, and going public.












COMPARE PROVIDERS

Carta vs. Shareworks


Independent company

Shareworks is now owned by Morgan Stanley, an investment bank. Carta’s focus is to provide the best equity management experience.

Liquidity programs

Run custom tender offer programs, leveraging Carta software and our team of equity experts.

Easy to use

Carta provides the best experience not only for equity administrators, but also for employees and investors.

THE LEADING 409A AND CAP TABLE PROVIDER

Trusted by over 12,000 companies & investors

We aren’t your average cap table provider. Carta is an independent company changing how private markets operate, and we’re constantly improving our products and services. We’re the leading provider of 409A valuations and have over 12,000 companies on our platform.

SHAREWORKS CAP TABLE VS. CARTA CAP TABLE

Advanced cap table management

With Carta, when you issue securities, your cap table updates automatically. On Shareworks, your cap tale doesn’t always update automatically, which leaves room for human error and wastes time.

SHAREWORKS COMPLIANCE VS. CARTA COMPLIANCE

Built-in compliance features

From 409A valuations, to Form 3921, ASC 718, and Rule 701 management, Carta has built-in compliance features and an in-house team to help with 409A valuations. Shareworks 409A valuations are outsourced and not included in their plans.

SHAREWORKS EMPLOYEE EXERCISE VS. CARTA EMPLOYEE EXERCISE

Employees can exercise options in-app

Employees love Carta—they can accept securities, exercise options, and view vesting progress from the web or our iOS app. Unlike Shareworks, we have a fully integrated exercise flow that updates your cap table and shareholders’ portfolio automatically.

SHAREWORKS SCENARIO MODELING VS. CARTA SCENARIO MODELING

Model your next round before you sign

We pull your existing cap table data into our scenario modeling tool, so it’s faster to model financings and exits. Our easy-to-use tools include sensitivity and breakpoint analysis, payout and dilution modeling, and pro forma cap tables. Shareworks charges for complex modeling as an add-on, while these features are standard on Carta’s Growth and Scale plans.

SHAREWORKS TENDER OFFERS VS. CARTA TENDER OFFERS

Streamline tender offers & option exercising

Carta transacts $250 million+ in option exercises, repurchases, and tender offers per month. With Carta, your employees can exercise on web or mobile. And you can run a tender offer or custom liquidity program that will automatically update your cap table. On Shareworks’ tender offer platform, you have to manually update your cap table after every transaction.

EMPLOYEE EDUCATION

The better offer letter

At Carta, we spend a lot of time educating employees about private company equity. The best time to give equity information to employees is before they start, in their offer letter. Here’s an offer letter template you can use to better educate candidates on their equity.

Download the offer letter

Launch

Cap table management for recently incorporated startups

Talk to your lawyer about access to free basic cap table management for companies with up to 25 security holders and $500K raised.
TALK TO YOUR LAWYER

Starter

Basic equity management and 409A valuations for early-stage startups

  • 409A valuations
  • Cap table management
  • Electronic securities
  • Board resolutions
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Scale

A complete equity management solution for late-stage companies

  • Everything in Growth
  • ASC 718 expensing
  • Rule 701 management
  • Payroll tax integration – Beta
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IPO Ready

Advanced equity management, with features & services to prepare you for liquidity, M&A, and IPO

Talk to our specialists about a custom plan that meets your support, compliance, tax, and reporting needs.
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Start managing your equity on Carta

eShares, Inc. DBA Carta, Inc. is a transfer agent registered with the U.S. Securities and Exchange Commission. The services and information described in this communication are provided to you “as is” and “as available” without warranties of any kind, expressed, implied or otherwise, including but not limited to all warranties of merchantability, fitness for a particular purpose, or non-infringement. Neither eShares, Inc. DBA Carta, Inc. nor any of its affiliates will be liable for any damages, including without limitation direct, indirect, special, punitive or consequential damages, caused in any way or arising from the use of the services or reliance upon the information provided in this communication or in connection with any failure of performance, error, omission, interruption, defect, delay in operation or transmission, computer virus or line or system failure. Transfer Agent services for DTC-eligible registered companies provided by Philadelphia Stock Transfer, a Carta affiliate. Carta Securities LLC is a broker-dealer and a member of FINRA and SIPC. Contact: eShares, Inc. DBA Carta, Inc., 195 Page Mill Road, Suite 101, Palo Alto, CA 94306.

© 2019 ESHARES, INC. DBA CARTA, INC.