Case Study: Double A Labs uses Carta to set up equity, 409A valuations, and SAFEs

From 409As to SAFEs, Double A Labs uses Carta to scale

Double A Labs, an Austin-based B2B company, uses Carta to manage equity as it scales its platform for corporate virtual worlds. As a pre-seed startup, it needed help setting up an employee equity program and obtaining its first 409A valuation.

With Carta’s 409A valuation and SAFEs products, Double A Labs was able to distribute stock options more easily, manage its SAFE notes in one place, and keep its equity data clean and reliable. Using Carta, the company secured $3.5 million for its friends and family round in under 6 weeks, while saving time on manual note drafting and investor follow-up.

Double A Labs

Amber Allen

Founder and CEO