Equity asset management and services provider Carta has secured funding in a Goldman Sachs-backed round, at a $1.7bn valuation.

US-based investment and asset management software provider Carta has raised $300m in series E funding from investors including investment banking firm Goldman Sachs’ Principal Strategic Investments unit.

Venture capital firm Andreessen Horowitz led the round, which also featured Lightspeed Venture Partners, Tiger Global Management, Thrive Capital, Tribe Capital, Menlo Ventures and Meritech Capital. It valued Carta at $1.7bn, the company told TechCrunch.

Formerly known as eShares, Carta’s core business is a platform that helps company founders and investors manage all…

Robert Lavine

Robert Lavine is special features editor for Global Venturing.