Get the latest tech news
This Korean startup wants to take on Carta in cap table management
A South Korean startup called QuotaLab is on a quest to follow in the footsteps of Carta, the cap table management company that's used by a host of
Familiar with the problems GPs have to deal with, they saw the opportunity for a vertical SaaS solution in the space: Streamlining old tools and spreadsheets into a platform that investors could use to manage their portfolio companies and share data with limited partners. Choi said the company’s decision to acquire LogosSystem last year for $23 million (KRW 30 billion) was meant to help QuotaLab cover the entire venture market in South Korea: “Before the acquisition, our service only dealt with startups and investors (GPs). He didn’t specify which countries the company was considering when I asked him recently, but if it is still targeting Southeast Asia, QuotaLab is likely to find itself competing in that region with Singapore-based Qapita and Hong Kong-based token and equity management startup Sprout.
Or read this on TechCrunch
