FinTech news in Carta category

The difficulty of building a company in the venture services landscape was only further proved by the recent shutdown of Assure, a fintech company that helped investors issue special-purpose vehicles. When journalist asked AngelList Venture CEO Avlok Kohli about recent product changes that put it square in competition with Carta, he shrugged – adding that he has nothing new to add. It doesn’t help that several users of Carta’s services, which range from cap table management to fund administration, have been less than impressed by the platform in the recent months. According to Crunchbase data, Carta has raised $1.1 billion venture capital investors, including most recently a $500 million Series G by Silver Lake.

The raise includes strategic investors such as Carta, Circle Ventures, OpenSea and Uniswap Labs’ new venture arm, as well as institutional funds-of-funds, nonprofits and web3 talent networks.

LiquiFi, part of Y Combinator’s winter 2022 batch, helps startups automate their token vesting, manage their token cap table, and issue token grants in compliance with regulations.