Singapore-based equity management platform Qapita has secured $26.5 million in a Series B funding round led by U.S. brokerage firm Charles Schwab Corporation. Existing investors Citi and MassMutual Ventures also participated in the round. This strategic partnership marks Qapita’s entry into the U.S. market and aims to provide comprehensive equity management solutions to private companies.
Founded in 2019 by Ravi Ravulaparthi, Lakshman Gupta, and Vamsee Mohan, Qapita offers digital tools for managing capitalization tables, employee stock ownership plans (ESOPs), and facilitating secondary transactions. The platform currently serves over 2,700 companies across Southeast Asia, India, and the U.S., including half of India’s unicorns.
As part of the collaboration, Charles Schwab and Qapita have launched the “Schwab Private Issuer Equity Services,” a platform designed to help U.S. private companies manage their equity structures, administer stock plans, and prepare for public listings. This initiative positions both firms to compete with existing players in the private market equity management space.
The new capital will enable Qapita to expand its operations in the U.S. and enhance its fund administration services across multiple regions. CEO Ravi Ravulaparthi expressed confidence that the partnership will add significant value to the U.S. startup ecosystem by offering a flexible and scalable alternative to existing solutions.
This development underscores the growing interest in equity management solutions and the increasing collaboration between fintech startups and established financial institutions.
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