Home/Companies/Carta vs Instabase

Company pair · Software

Carta vs Instabase

Software Both private US-headquartered No Canborsa market

This comparison puts Carta next to Instabase within software on size, funding and trajectory.

On this pageSide by side Valuation marks What each discloses Verdict FAQ

CartaPRIVATE · US

InstabasePRIVATE · US

Last valuation$8.5B$2B

Basis Tender Post-money

Founded20122015

On CanborsaNo marketNo market

At a glance

$8.5B

CartaTender, Secondary sale (disclosed by CEO)

$2B

InstabasePost-money, Series C · Jun 2023

Different bases — the numbers stay side by side

Gap

0 of 2

On CanborsaNeither company has a market

Head-to-head · field by field

Carta vs Instabase — side by side

Field

CartaPRIVATE · FOUNDED 2012

InstabasePRIVATE · FOUNDED 2015

Last valuation

$8.5B Tender

$2B Post-money

Valuation basis

Tender

Post-money

Latest round

Secondary sale (disclosed by CEO)

Series C

Named investors

Silver Lake Andreessen Horowitz Tribe Capital Meritech Capital Partners

Greylock Partners New Enterprise Associates Andreessen Horowitz Index Ventures

Founded

2012

2015

Sector & HQ

Cap table management / equity software · 🇺🇸 US

Applied AI / business process automation software · 🇺🇸 US

Status & market

Private — no Canborsa market

Valuation · both companies on one scale

Valuation marks

Each bar is the last disclosed mark — $8.5B for Carta (tender) and $2B for Instabase (post-money, Jun 2023).

Carta

$8.5BTender · undated

Instabase

$2BPost-money · Jun 2023

CARTA · $8.5B · UNDATEDINSTABASE · $2B · JUN 2023

Carta vs Instabase · what each company discloses

What each company discloses, and what it leaves out

CartaPRIVATESoftware · US · 2012

+Last disclosed mark $8.5B — tender.

+Founded 2012 .

+≈1,618 employees.

InstabasePRIVATESoftware · US · 2015

+Last disclosed mark $2B — post-money, Jun 2023.

+Founded 2015 .

+Latest round: Series C, $45M raised.

Verdict

Verdict

The $8.5B tells you…

What buyers paid for shares that already existed — existing shares changed hands in a tender.

The size of that transaction is undisclosed.

Existing shares moved between holders; the company's balance sheet stayed unchanged.

The $2B tells you…

What an investor paid for newly issued shares — a primary round, priced post-money.

How much capital arrived with it:$45Min Jun 2023.

A dated print: it moves only when a newer round is announced.

A tender print and a post-money print are priced by different buyers under different terms, so the two numbers stay side by side, each with its own chip, and no ratio is scored. Both are private: there is no public quote and no Canborsa market on either name.