✦ AI AI Company Comparison

Kraken vs Carta — IPO & Funding Comparison

Side-by-side IPO readiness, funding history, and valuation comparison. Data sourced by TechStackIPO.

⚠️
Some data on this page may be outdated. We're verifying.
Kraken: verified Jul 3, 2026. Data for Carta last verified: Jun 30, 2026.
Metric Kraken Carta
Valuation$20B$8.2B
Total Funding$4.22B$1.6B
IPO StatusPrivatePre-IPO
SectorFintechFintech
StageSeries CSeries D+
HeadquartersSan Francisco, CASan Francisco, CA
CEOArjun SethiHenry Ward
The IPO Stack Newsletter

Get Tuesday's IPO moves + one deep-dive in your inbox

Scores, valuations, and signals for Kraken, Carta, and 370+ companies. 5-min read every Tuesday.

Kraken

Kraken is one of the world's largest crypto exchanges — valued at $20B, on an active path to IPO. Track funding rounds, regulatory filings, and readiness.

IndustryFintech
StageSeries C
IPO StatusPrivate
Valuation$20B
Total Funding$4.22B
HeadquartersSan Francisco, CA

Carta

Carta is the equity management and cap table platform for 35,000+ companies, enabling cap table management, 409A valuations, and secondary market transactions. Valued at $7.4B with $1B+ raised, Carta processes equity for over 60% of all funded startups globally and is expanding into public company cap table management. Major fintech IPO candidate disrupting traditional transfer agent and stock plan management markets.

IndustryFintech
StageSeries D+
IPO StatusPre-IPO
Valuation$8.2B
Total Funding$1.6B
HeadquartersSan Francisco, CA

Get the Full Report on Any Company — One-Time $19

Complete funding history, cap table, S-1 analysis, and investor breakdown for any company. Instant PDF download.

Get All 375+ Reports — $49/mo

Or buy any single company report for $19

Frequently Asked Questions

What are the valuations of Kraken and Carta? +

Kraken is valued at $20B. Carta is valued at $8.2B. Both valuations are based on the most recent private funding rounds tracked by TechStackIPO.

How much has each company raised? +

Kraken has raised $4.22B. Carta has raised $1.6B.

What is the IPO status of Kraken and Carta? +

Kraken is currently private. Carta is currently pre-IPO. Track both on TechStackIPO for S-1 filings and IPO announcements.

Are Kraken and Carta in the same sector? +

Kraken operates in Fintech, while Carta operates in Fintech.

What are the main differences between Kraken and Carta? +

Kraken is a Fintech company valued at $20B with $4.22B raised. Carta is a Fintech company valued at $8.2B with $1.6B raised. See TechStackIPO's full side-by-side comparison for IPO readiness scores, funding timelines, and investor data.

How can I invest in Kraken or Carta before their IPO? +

Accredited investors can access pre-IPO shares in Kraken and Carta through secondary market platforms, pre-IPO funds, and broker-dealer platforms that facilitate private company transactions. TechStackIPO's marketplace section tracks available access options for both companies. Pre-IPO investments carry higher risk and limited liquidity.