Singapore-based equity management platform Qapita has raised $26.5 million in a Series B round led by U.S. giant Charles Schwab Corporation, with Citi and MassMutual Ventures also participating. This latest infusion will enable Qapita to expand aggressively into the U.S. market and launch its new fund administration product across multiple regions.
In a strategic move, Qapita will partner with Charles Schwab to power the Schwab Private Issuer Equity Services—leveraging Qapita’s robust technology stack to help U.S. private companies manage their cap tables, stock plans, investor reporting, and IPO-readiness more efficiently.
What Qapita Does
Founded in 2019 by Ravi Ravulaparthi (CEO), Lakshman Gupta (COO), and Vamsee Mohan (CTO), Qapita provides digital solutions for cap table and ESOP (employee stock ownership plan) management, investor reporting, secondary share transactions, and now, fund administration. By digitizing equity management, Qapita eliminates the legacy reliance on spreadsheets and streamlines complicated processes for startups, growth-stage companies, and investors across private markets in India, Southeast Asia, and the U.S.
The freshly announced Schwab partnership will further integrate Qapita into the U.S. ecosystem, enabling smoother transitions for private companies going public and managing equity at scale.
Previous Funding and Growth Trajectory
Qapita has now raised nearly $50 million to date. Previous notable rounds include:
- October 2021: $15M led by East Ventures and Vulcan Capital.
- Early 2024: $10M from Analog Partners and others to fuel global expansion.
- Investors also include Cercano, Endiya Partners, Nyca Partners, and Citi.
In 2022, it made a strategic acquisition of India-based ESOP Direct, further solidifying its leadership in digitizing equity management in the region.
Current Financials and Performance
- Qapita is used by 2,200+ private companies and more than 100 funds across India, SEA, and the U.S.
- The platform has managed equity ownership and transactions for nearly 45,000 stakeholders.
- Qapita claims a strong annual recurring revenue trajectory, buoyed by SaaS subscriptions for its cap table and ESOP management modules.
- In 2024, Qapita supported startups navigating almost ₹1,450 crore in ESOP buybacks and secondary liquidity programs, reflecting deep traction in India’s maturing startup ecosystem.
Recent Product and Market Updates
- Launched fund administration solutions catering to private equity and venture capital funds—enabling capital call management, LP management, reconciliations, and more.
- Expanded “real-time stakeholder views” and compliance dashboards to ensure audit-readiness across geographies.
- Consistently recognized for “Best Usability,” “Top Relationship,” and “Best Support” in G2’s Spring 2025 equity management reports.
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In summary:
Its $26.5M Series B marks a major milestone for the fast-scaling equity management platform, now at the forefront of digitizing cap table and equity processes for Asia and U.S. startups. As the firm expands its technology suite—including cap table, ESOP, secondary transactions, and fund administration—it is set to transform how founders, employees, and investors engage with equity assets throughout a company’s growth journey, further enabled by strategic U.S. partnerships and new product rollouts
