S.F. startup that helps founders manage stock options doubles valuation to $800M


Startup equity management company Carta doubled its valuation to $800 million with an $80 million funding that was disclosed on Thursday. The fast-growing business said the new funding will help it double its Bay Area workforce in the coming year, too.

Carta employs about 150 at its San Francisco headquarters and another 50 in Palo Alto, where it used to be based. The company has since rebranded from its legal name of eShares Inc.

CEO Henry Ward founded the company in 2012 to provide an electronic…

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