Case Study: Puppet achieves modern, trusted equity management and time savings with Carta

Puppet switches to Carta for a modern, trusted platform

Puppet, a Portland-based software company with 500+ employees that automates delivery and operations, switched to Carta after facing a poor employee experience and a lack of trust with their previous equity management provider. Puppet’s challenges included a difficult participant portal, convoluted manual processes for administrators, frequent cap table errors after events like tender offers, and time-consuming custom reporting.

Carta provided a modern equity management platform with an easy-to-use app, Equity 101 training for domestic and international staff, flexible reporting, and a dedicated customer success team that imported Puppet’s spreadsheets and migrated their data. The switch to Carta made equity administration faster and more reliable, saved Puppet “hours every month,” reduced reporting and cap table work for legal and accounting, and delivered a better experience for employees.

Puppet

Noah Belsky

Puppet