billions

The big idea was to become the transfer agent, brokerage and clearinghouse for all private stock transactions in the world. Roughly 15 months later, in late 2022, the company’s CEO, Henry Ward, told Axios that Carta was worth even more – $8.5 billion – following a separate secondary sale. (He did not disclose how many shares were sold at this valuation or who bought them.) Now, Carta is seemingly returning to its roots – and an earlier valuation that’s probably better suited to the business. Over the years, Carta has raised roughly $1.2 billion from investors, according to the startups tracker Tracxn.