CARTA VENTURES
333 Bush Street, Floor 23, Suite 2300, San Francisco, CA, 94104, United States
Overview
Carta wants to accelerate (and even instigate, as we’ll see) companies that add to its own platform, making investing and participating in the private markets a bit more limpid and simple — two things that the world of private capital and its constituent bets have never had in abundance.
- Total investments
- 3
- Lead investments
- 1
- Investments · 12mo
- 0
- Active investors
- 1
Investment portfolio
- PostCoffee
Participated · Series A · Oct 2022
PostCoffee operates a personalized coffee subscription service and an online coffee shopping mall that sources beans from domestic and international roasters. The company launched its subscription in February 2020 using a coffee-diagnostic system offering about 300,000 combinations, and opened its shopping mall in April 2022. As of October 2022 the combined services have over 50,000 registered members; subscription monthly churn is in the single-digit percent range and customer satisfaction measured 96.6% (Dec 2021 survey). PostCoffee partners with about 30 roasters directly and works with over 50 collaboration partners. The company plans to expand offline channels including wholesale to retailers, product development for retail, and supply to restaurants, cafes and hotels, and to develop coffee-gift products in collaboration with giftee. PostCoffee is headquartered in Meguro, Tokyo and was founded in September 2018.
- Sumutasu
Participated · Series B · Apr 2022
Sumutasu (株式会社すむたす) operates an iBuyer service focused on condominium resale, using AI appraisal to reveal a sale price in as little as one hour. The service lets homeowners sell at their preferred timing, simplifying the sales process and reducing psychological and time-related stress. Sumutasu runs a real estate purchase-and-resale business (不動産買取再販業) and positions its product as a new, streamlined condominium sale experience. The company highlights an emphasis on customer experience and leveraging deep operational knowledge to support its service. Sumutasu was founded in January 2018 and is headquartered in Nihonbashi, Chuo-ku, Tokyo. The company is led by representative 角 高広. The article does not disclose revenue or other operating metrics. Sumutasu operates a direct online real estate purchase service using an iBuyer model: it buys houses from homeowners, renovates them at scale, and resells them. The company says its platform can provide a fair house valuation in an hour and it does not charge seller commissions or processing fees. Sumutasu has purchased approximately 100 properties, currently lists about 30 properties, and partners with more than 20 banks and remodeling companies; the team totals 30 people. With the latest funding, the company plans to buy more houses, launch a mortgage brokering service next year, expand into Osaka and Nagoya, increase sales five-fold compared to 2021, and grow its headcount. Financially, Sumutasu secured $8.2M in equity and $1.6M in debt in the most recent financing and has raised $16M in total since its 2018 inception.
- Panther
Led · Seed · May 2021
Panther Global offers a platform that helps businesses hire and manage employees in more than 160 countries, handling payroll, benefits, taxes and local compliance. The company’s platform centralizes global employment operations for customers. Led by founder and CEO Matt Redler and based in Tampa, FL, Panther has served major brands including Bevy, BigID and Latch. The company will be featured in Amazon Web Services (AWS)’s Activate Console as a resource for member companies to manage international hiring and payroll. Panther raised $2.5M in funding and intends to use the proceeds to expand operations and its business reach internationally. The funding and AWS exposure are positioned to support its international growth plans.
Team
Henry Ward
Founder and CEO
LinkedIn