Henry Ward

Carta CEO Henry Ward on Raising $1B, Path to ~$500M ARR, & the Move into PE

Henry Ward, Molly O'Shea

Carta, a platform currently approaching $500 million in annual recurring revenue, is scaling its software infrastructure from the venture capital sector into the vastly larger private equity and credit markets by displacing manual spreadsheet workflows. Under CEO Henry Ward's dual strategy of product innovation and internal AI transformation, the company focuses on "execution startups" that out-manage incumbents while utilizing algorithmic tools to enhance operational efficiency and debuggability. With a board comprising major investors like Andreessen Horowitz and Silver Lake, Carta aims to become the definitive institutional standard for fund accounting and capital management within the next five years.