- Carta, a platform that allows users to buy, sell, and trade privately held assets, announced on Monday it closed $300 million in series E funding that valued the company at $1.7 billion.
- Andreessen Horowitz led the round, and Marc Andreessen will join the company’s board.
- Lightspeed Venture Partners, Goldman Sachs Principal Strategic Investments, Tiger Global, and Thrive Capital joined the round as their first investment in the company.
- Carta most recently raised $80 million in December at an $800 million valuation.
- Founder and CEO Henry Ward told Business Insider that the influx of funds would help the company “blur the lines” between public and private investment assets and expand its presence in traditional capital markets.