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Carta vs Kraken — IPO & Funding Comparison

Side-by-side IPO readiness, funding history, and valuation comparison. Data sourced by TechStackIPO.

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Data for Carta last verified: Jun 30, 2026. Kraken: verified Jul 3, 2026.
Metric Carta Kraken
Valuation$8.2B$20B
Total Funding$1.6B$4.22B
IPO StatusPre-IPOPrivate
SectorFintechFintech
StageSeries D+Series C
HeadquartersSan Francisco, CASan Francisco, CA
CEOHenry WardArjun Sethi
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Carta

Carta is the equity management and cap table platform for 35,000+ companies, enabling cap table management, 409A valuations, and secondary market transactions. Valued at $7.4B with $1B+ raised, Carta processes equity for over 60% of all funded startups globally and is expanding into public company cap table management. Major fintech IPO candidate disrupting traditional transfer agent and stock plan management markets.

IndustryFintech
StageSeries D+
IPO StatusPre-IPO
Valuation$8.2B
Total Funding$1.6B
HeadquartersSan Francisco, CA

Kraken

Kraken is one of the world's largest crypto exchanges — valued at $20B, on an active path to IPO. Track funding rounds, regulatory filings, and readiness.

IndustryFintech
StageSeries C
IPO StatusPrivate
Valuation$20B
Total Funding$4.22B
HeadquartersSan Francisco, CA

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Frequently Asked Questions

What are the valuations of Carta and Kraken? +

Carta is valued at $8.2B. Kraken is valued at $20B. Both valuations are based on the most recent private funding rounds tracked by TechStackIPO.

How much has each company raised? +

Carta has raised $1.6B. Kraken has raised $4.22B.

What is the IPO status of Carta and Kraken? +

Carta is currently pre-IPO. Kraken is currently private. Track both on TechStackIPO for S-1 filings and IPO announcements.

Are Carta and Kraken in the same sector? +

Carta operates in Fintech, while Kraken operates in Fintech.

What are the main differences between Carta and Kraken? +

Carta is a Fintech company valued at $8.2B with $1.6B raised. Kraken is a Fintech company valued at $20B with $4.22B raised. See TechStackIPO's full side-by-side comparison for IPO readiness scores, funding timelines, and investor data.

How can I invest in Carta or Kraken before their IPO? +

Accredited investors can access pre-IPO shares in Carta and Kraken through secondary market platforms, pre-IPO funds, and broker-dealer platforms that facilitate private company transactions. TechStackIPO's marketplace section tracks available access options for both companies. Pre-IPO investments carry higher risk and limited liquidity.