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Good day VC lab team, before joining VC lab we were planning to use Carta for fund admin. Will decile hub be able to cover all the functions and features that Carta provide? Do you recommend I give up Carta completely since I have access to Decile hub?
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Carta is not recommended for fund administration. They have high turnover in their fund admin team, and they have made mistakes with various firms on capital calls and reports. In addition, they have an aggressive sales organization that put pressure on new managers to form their fund before they are ready and their agreements have a $75,000.00 cancellation fee. Finally, they have a number of hidden fees and other costs.
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Community Member
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Carta is not recommended for fund administration. They have high turnover in their fund admin team, and they have made mistakes with various firms on capital calls and reports. In addition, they have an aggressive sales organization that put pressure on new managers to form their fund before they are ready and their agreements have a $75,000.00 cancellation fee. Finally, they have a number of hidden fees and other costs.

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