Goldman Sachs-backed Carta used its own equity funding management software to set the $6.9bn pre-money valuation at which it raised the cash.
Private equity firm Silver Lake led a $500m series G round for Carta, a US-based equity management software provider backed by investment banking firm Goldman Sachs, on Friday.
Founded in 2012 as eShares, Carta has built a software platform designed to help private companies manage their funding, valuations, equity and cap tables.
The round valued Carta at $7.4bn post-money and the company said it had used its own software to determine a valuation before seeking out investors it thought would…
