Full-Time

Business Development Manager

Private Equity

Confirmed live in the last 24 hours

Carta

Carta

1,001-5,000 employees

Financial platform for fundraising and equity management

Fintech
AI & Machine Learning
Financial Services

Compensation Overview

$180kAnnually

+ Equity + Commission Plans

Senior

San Francisco, CA, USA

Category
Business Development
Business & Strategy
Required Skills
Salesforce
Requirements
  • Strong negotiations skills and a knowledge of procurement processes within private equity funds
  • Demonstrated knowledge of the private equity/buyout industry
  • Relevant network of contacts within the private equity ecosystem, including the service providers that support the firms
  • Strong written and verbal communication, presentation, and networking skills, with experience leading meetings with key leaders and decision makers
  • Deep understanding of SaaS business models
  • Proficiency in Salesforce and Front
  • Prior experience building relationships or servicing funds as an industry partner supporting private equity firms
  • Based in NYC
Responsibilities
  • Create champions for Carta’s private equity products within firms, as well as the PE firm ecosystem at large, by developing scalable strategies for, and engaging with, partners that support private equity funds
  • Build relationships with private equity firm procurement teams and own partnership and referral agreement negotiations
  • Be the primary business lead for internal partners to implement successfully negotiated deals
  • Work cross-functionally with Sales, Marketing, R&D, Delivery, Implementations and Support to, among other things, implement successfully negotiated referral agreements, drive referrals, and collect feedback from the industry and inform the strategy that will deepen private equity ecosystem relationships
  • Promote Carta’s thought leadership in the PE space, helping Carta to drive effective and engaging content to progress the industry’s thinking and grow its increasing focus on Carta
  • Leverage Salesforce to map partner contacts by firm and geography, and maintain the business development team’s partner database
  • Represent Carta in the field, meeting with current and prospective partners and attending industry events on Carta’s behalf (up to 25% travel)

Carta provides a platform that helps businesses, particularly startups and investment firms, manage their fundraising processes more efficiently. The platform offers a variety of tools and services that assist in asset management, back office automation, and portfolio insights. One of its standout features is the use of machine learning to provide real-time market intelligence, which helps businesses make informed decisions about employee compensation. Additionally, Carta simplifies the process of equity sales for employees and investors, making it easier to manage these transactions. Unlike many competitors, Carta focuses on providing a comprehensive suite of services that cover not just fundraising, but also audit, tax, and valuation support. The goal of Carta is to make the fundraising journey faster, easier, and more cost-effective for its clients.

Company Stage

Series G

Total Funding

$1.1B

Headquarters

San Francisco, California

Founded

2012

Growth & Insights
Headcount

6 month growth

3%

1 year growth

3%

2 year growth

-8%
Simplify Jobs

Simplify's Take

What believers are saying

  • Increased demand for equity management due to the Corporate Transparency Act in 2024.
  • Partnership with Herzog enhances Carta's equity management service offerings.
  • Slight increase in median pre-money valuations suggests potential investment uptick.

What critics are saying

  • Data breach incident raises concerns about Carta's data security practices.
  • Emergence of competitors like Slice threatens Carta's market share.
  • Decline in venture deal count and cash raised on Carta's platform in 2023.

What makes Carta unique

  • Carta digitizes equity management, offering real-time ownership insights for startups.
  • The platform automates back office operations, enhancing efficiency for private companies.
  • Carta provides robust compensation data, aiding informed decision-making for businesses.

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Benefits

Free lunch and snacks

Equity

Employee liquidity every 12-18 months