Case Study: Xenon Partners achieves more time to help founders with Carta Fund Administration

How Xenon uses Carta to help more founders

Xenon Partners, founded in 2014, is a private equity fund that provides capital and operational expertise to more than 25 technology and software companies and has achieved 15 strategic exits. Managing back-office tasks like fund administration, valuations and reporting was diverting time from deal flow, so Xenon turned to Carta, using Carta Fund Administration to centralize administration where many of their portfolio companies already had experience with the platform.

By outsourcing administration to Carta, Xenon gained experienced fund accountants, real-time deal metrics, and a single platform for LP and portfolio communications, freeing the team to focus on sourcing and operating deals. Carta’s solution delivered tactical and strategic support—real-time dashboards and dedicated service—that Xenon says has given them more time to help founders and better manage their 25 investments while pursuing additional exits.

Xenon Partners

Jonathan Siegel

Partner