Case Study: Exterro simplifies equity management and stays audit-ready with Carta

Exterro saves several hundred dollars per hour on audits with Carta

Exterro, a data management solution provider, faced challenges in managing its complex cap table across multiple acquisitions using manual spreadsheets. To address this rising complexity, the company turned to vendor Carta and implemented its cap table product to centralize equity information and streamline ownership tracking.

By using Carta's platform, Exterro gained a centralized source of truth for its multiple equity types, which automated calculations and reduced reliance on external legal support. The solution saved the company significant time and potential costs, with Finance Director Jeremy Fox noting that manual processes could have cost several hundred dollars per hour. Exterro also reported increased confidence in audit readiness and praised Carta's customer support for providing fast, reliable answers.

Exterro