Carta, a San Francisco, CA-based equity management solutions provider, acquired Capdesk – a London, UK-based competitor.
The amount of the deal was not disclosed. As part of the deal, Capdesk will operate as an independent business unit within Carta for the time being.
Over time, the acquisition will see Capdesk customers gain access to products and services from Carta, including 409a valuations and compensation benchmarking data. Carta, meanwhile, will leverage Capdesk’s expertise, dominance and unique understanding of equity in European markets, to further expand its services across the globe.
Founded in 2015 and led by Christian Gabriel, CEO,, Capdesk provides over 3500 of Europe’s fastest-growing companies – including Gousto, VOI, Checkout.com, Plum Guide and Wagestream – with a solution to to manage their ownership via a single platform. The fintech oversees more than £90 billion worth of assets and has created an end-to-end equity management system that serves customers at every stage – from seed to IPO. Capdesk has raised £11.7 million in funding from global investors including Fidelity International Strategic Ventures.
Led by Henry Ward, Co-Founder & CEO, Carta provides equity management to more than 30000 companies, 5000 funds and half a million employees. It supports users with cap tables, compensation, valuations, portfolio investments, liquidity, and more, and has managed over £1.5 trillion in equity to date. Companies and funds like Canva, Tribe, and Pipe build their businesses on Carta.
FinSMEs
05/09/2022