Financial Management Startup Carta Is Raising New Funding at a $1.8 Billion Valuation

Carta Inc., a startup that makes software to manage equity stakes in other startups, is wrapping up a round of investment that would value the seven-year-old company at about $1.8 billion, according to a person familiar with the matter.

The company helps venture capitalists, as well as startup employees and other stakeholders, track and manage the shares that they own. It also helps companies manage other aspects of their stock, such as fair-market valuations and secondary sales.