Likelihood to Recommend Looking to create lists of target companies through the advanced search feature or the query builder if one is planning to reach out to the individuals listed in the profile. Looking for investment and company history information to inform sourcing or competitive landscape research.
Read full review Carta is perfect for any sized organization when shares and stock options are in the picture for new/seasoned employees alike. If a company does not provide these benefits to employees, it may not be the best fit for them unless there are other value-adds the tool can provide in other areas.
Read full review Pros Crunchbase has an easy-to-navigate user interface. The bar at the top of the screen that shows the different data points available on companies is particularly helpful for quick navigating. The ability to make and import lists and save searches is helpful for customizing the software to your particular needs. The web and mobile app data that Crunchbase offers is very helpful to gauge trends and interest in companies for diligence purposes. Read full review Expense Reporting - GAAP compliant and easy to manage, a report is run monthly and provides all the details needed to book the expense. Equity Manageent - All stock certificates for our investors are held in Carta making Equity easy to manage. Stock Option Issuance - Options are issued in Carta and the entire option life cycle from issuance, approval, and exercising is handled in Carta. User Interface is very easy to follow. Support is very responsive and helpful. Numerous education articles available to all users. Read full review Cons Notifications - Something similar to TweetDeck would be nice, so that when news breaks it could be an immediate fact. Honestly dont add too much because you don't want it to become more of a social tool with cluttered info, keep it straight to the point. Read full review Still some issues with the auto-generated Excel file for stock calculations that required correction by technical support. Could offer integration into accounting platforms or HR/payroll platforms to further cut down on manual input. It should allow for custom user creation to allow for varying levels of access based on role in the company; currently, all security roles in the platform are out of the box without any modification allowed. Read full review Support Rating They give standard answers. They are not a customer first business. I tried to cancel my subscription after using it for only 1 week as we found the information was outdated and not at all useful. But they would not cancel the year long subscription I mistakenly signed up for
Read full review Every time I have sent a message to Carta's support team, they've responded within 2 business days. The support team is very helpful and always has answered my questions competently and professionally. Many of my questions have also been answered through their extensive support articles. Carta makes available a lot of information that has helped reduce te administrative work of answering questions for our employees as they are able to get most of the information they need through Carta's website.
Read full review Alternatives Considered Crunchbase is definitely bottom of the barrel in this space. At similar pricing models, all competitors I have tried have significantly bigger and more updated databases. Crunchbase may have been great sometime in the past, but they are not worth engaging now.
Read full review I was not personally involved in choosing Carta over any other platforms. However, I can say I'm very happy with Carta. Carta allows for a central place to manage stock options from multiple companies and is extremely user-friendly and intuitive. With Carta being a market leader, it's nice to find new employers already using it as well.
Read full review Return on Investment Crunchbase has been great and given us a lot of new companies to go after that have received funding and turned into great meetings. We do not pay a ton, so the ROI is great. We have nothing but positive results using Crunchbase and rely on it heavily for prospecting. It might add more value if we get a more expensive or advanced version. Read full review If a company's cap table is wrong that is legally considered fraud ( yes, a capital F fraud ), as in there could be criminal repercussions, and almost assuredly whatever transaction that requires it to be accurate will be canceled. Compliance is a major factor when it comes to having a stock option plan. Carta is the best I've seen at keeping a company in compliance. Read full review ScreenShots