How Giant Leap modernized fund operations with Carta

Built on the belief that doing good and doing well go hand in hand, Giant Leap backs visionary companies reimagining industries and driving transformational change across climate, health, and people.

Like many funds, Giant Leap faced the challenge of balancing multiple priorities: maintaining relationships with LPs, supporting portfolio companies, sourcing deals, managing the complex administrative requirements of running a fund.

The solution? Partnering with Carta for modern fund administration.

Less busywork, more dealmaking

Before Carta, Giant Leap partnered with another fund administrator, but still found themselves spending valuable time on routine administrative tasks such as tracking capital calls, preparing LP reports, reconciling records, and managing endless back-and-forth.

These operational demands pulled focus from what mattered most: engaging with LPs, and supporting portfolio companies.

Giant Leap discovered Carta while researching what leading US funds were using to modernize operations. What stood out was Carta’s tech-first approach: a best-in-class platform supported by a dedicated team of experienced fund accountants committed to delivering unparalleled service. Importantly for Giant Leap, Carta also supports Early Stage Venture Capital Limited Partnerships (ESVCLP), ensuring compliance with Australia’s specific venture capital structures.

“We no longer need to chase information - it’s available on demand, and the regular reporting we rely on always arrives on time,” says Rachel Yang, Partner at Giant Leap.

That shift from reactive to proactive operations has been transformative. Before, simple requests like pulling carry projections or generating performance reports could take days. With Carta’s unified portal, all of Giant Leap’s fund data is now effortlessly searchable and organized in one place. “We’ve gained easier access to fund information for both our team and LPs, along with further time and quality improvements through automation,” says Rachel. 

The team now has instant visibility into fund performance, portfolio activity, and LP communications, spending less time hunting for information and more time making strategic decisions.

Year-end audit support made easy

One of the most significant improvements came during audit season. Giant Leap’s team describes this year's audit experience as excellent - a stark contrast to previous years when the process was often cumbersome.

“Our audit experience with Carta this year was excellent,” Rachel explains. “The process was smooth and efficient, because we could rely on the Carta team to communicate directly with our auditors. They handled information requests promptly and ensured all required documents were delivered by agreed deadlines.”

Carta’s fund administration team manages the year-end audit and tax timeline, provides books and records to auditors, and assists with audit confirmations and documentation, all backed by experienced fund accountants.

A partner built for scale

For a fast growing firm like Giant Leap, manual processes and self-serve solutions quickly become operational liabilities. Traditional fund administrators force funds to handle manual work themselves, which is a massive drain on resources that simply cannot keep pace with growth ambitions.

What sets Carta apart is the intersection of cutting-edge software and expert fund accountants. Carta’s robust platform handles complex fund use cases that traditional or self-serve fund administrators simply cannot accommodate. This combination is exactly why Carta is built to support and scale as your fund grows. Beyond full stack service, Carta’s hands-on support provides a key advantage. Working with a reliable partner means Giant Leap can navigate complex scenarios efficiently, avoiding costly delays and operational friction.

As Giant Leap continues scaling and opportunities in climate tech, health AI, and people-focused innovation evolve, having a tech-first platform backed by dedicated experts becomes increasingly important.

When asked what matters most in selecting a fund administrator, Rachel emphasized finding a team that truly takes operational burden off your plate. “Choose a partner that’s reliable and responsive, with minimal manual processes to maximize efficiency and reduce the risk of errors.”

That’s why Giant Leap chose Carta.

“We chose Carta because it offered the right balance of technology, service, and value,” Rachel says. “The platform’s intuitive tech made fund administration more efficient and transparent, while Carta's responsive, high-quality customer service gave us confidence that they could meet our needs.”

With Carta handling fund administration, Giant Leap can focus on their mission of backing visionary companies driving transformational change. Less time on administrative tasks means more time on what truly moves the needle.