INVESTING
Carta teams up with Vauban to launch the first digital solution aimed at venture capital investors creating Luxembourg-based funds
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London, 05 August 2022: Vauban, a Carta Company, has expanded its online fund and SPV administrator platform with the launch of the first fully digital Luxembourg fund product aimed at venture capital investors. This is the latest jurisdiction to be added to the Vauban platform, and enables the company to further serve the needs of European investment managers who wish to leverage the benefits that Luxembourg has to offer when launching new funds.
Arik Oslerne, COO of Vauban, notes that, “Luxembourg is an exceptional fund domicile, offering reputation, neutrality and familiarity; three cornerstones that the European market might look for when looking to launch a new fund. This new solution was the logical next step for us to catalyze the VC ecosystem.”
Ulric Musset, Co-founder of Vauban, adds, “The time and costs associated with setting up a fund in Europe can be prohibitive for many venture capital managers, and the process can often take over a year, with costs averaging 100,000 Euros. In the US, a more mature VC ecosystem, we see these figures dramatically reduced, and we hope that our new digital solution, along with our existing platform, can continue to create an easier & faster way to launch a VC fund in Europe.”
About Vauban
Vauban is an online platform that helps investors back private companies, offering a simple way to launch & run venture investing. The platform is an all-in-one integrated solution to form syndicates, VC funds, & co-investment SPV programs that are built for global deals. The platform simplifies the back office for VCs including: legals, capital calls, financial reporting, banking and LP onboarding. Vauban has facilitated over $1bn of capital invested in companies such as Revolut, Bolt and Airbnb.
About Carta
Carta is the leading provider of equity management and company-building solutions that
underpin the multi-trillion-dollar private market ecosystem. Since its founding in 2012, Carta has
grown to manage over two trillion dollars in equity for nearly two million people. Carta is trusted by nearly 30,000 companies and over half a million employees to manage cap tables, compensation and valuations. Carta also works with over 4,500 funds representing over
$92B in assets under administration on fund administration and more. Companies like Canva, Classpass, Intercom, and Union Square Ventures trust Carta to manage their equity.
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