Scope of Services: Portfolio Insights (Self-Service)
Portfolio Insights Implementation Timeline
Stages | Service | Estimated time of completion | Responsibility |
Stage 1: Setup | Kickoff Call Explaining Process | 20 min | Carta / Investment Firm |
Complete Onboarding Template & Schedule of Investments Upload Form | 5 min / Portfolio Company | Investment Firm | |
"Portfolio Insights Introduction" email sent to portfolio companies | 1 min / Portfolio Company | Investment Firm | |
Stage 2: Review | Build Carta Account and Clean up | 10 min / Portfolio Company | Carta |
Account Overview Call with PI Associate | 20 min | Carta / Investment Firm | |
1 min / Portfolio Company | Investment Firm | ||
Configure Request for Information as needed | 0.5 min / Portfolio Company | Investment Firm |
Portfolio Insights Request for Information Timeline
Stages | Service | Estimated time of completion | Responsibility |
Stage 3: Send Request and Process Data | 5 min | Investment Firm | |
1 min / Portfolio Company | Portfolio Companies | ||
Manage which portfolio companies receive Automated Email of Reminders Requested Data | 0.5 min / Portfolio Company | Investment Firm | |
Upload portfolio company data | 20 min / Portfolio Company | Investment Firm | |
Check-in with Client post portfolio company data submission | Carta / Investment Firm |
Portfolio Insights Subsequent Request for Information Timeline
Stages | Service | Estimated time of completion | Responsibility |
Stage 1: Setup | Add new investments | 1 min / Investment Firm | Carta / Investment Firm |
Remove portfolio companies through the Configure Request for Information | 0.5 min / Portfolio Company | Investment Firm | |
Configure Request for Information as needed | 0.5 min / Portfolio Company | Investment Firm | |
Update Firm's Carta Account, as needed | 0.5 Min / Portfolio Company | Carta | |
Stage 2: Review | Quarterly Request for Information Overview Call with Account Manager | 20 min | Carta / Investment Firm |
Update portfolio company Points of Contacts, Select Intended portfolio companies to Send Requests, and Send Request for Information email. | 1 min / changed Portfolio Company | Investment Firm | |
Stage 3: Send Request and Process Data | 5 min | Investment Firm | |
1 min / Investment Firm | Portfolio Companies | ||
Manage which Portfolio Companies receive Automated Email Reminders Requested Data | 0.5 min / Portfolio Company | Investment Firm | |
Upload portfolio company data | 20 min / Portfolio Company | Investment Firm | |
Check-in with Client post portfolio company data submission | Carta / Investment Firm |
Portfolio Insight Services
Service | Client responsibility | Carta responsibility |
Onboarding of Client’s schedule of investments and portfolio company contact(s) | Provide Carta with all investments to be loaded into the Carta platform on a quarterly cadence (not required for Carta Fund Administration clients). | Onboard Client's new investments onto the Carta platform on a quarterly basis. |
Provide Carta with updated contact information for each portfolio company. | Quarterly onboarding of Client’s new investments to the Carta Platform. | |
Provide best practice guidance and support articles. | ||
Portfolio company / Client communication | Maintain the RFI Configuration page, indicating which companies to reach out to, what information to collect, and whether automatic follow-ups should be sent. | Provide best practice guidance and support articles. |
During the RFI request process, set the RFI due date in the Carta app. Follow-up with each portfolio company accordingly and as needed via email. Note that automated emails will be sent 5 business days prior to the due date set by the investment firm, on the due date, and 2 days after the due date. | ||
Draft any additional language Client would want to include in the RFI email. | ||
Send out the request for information email to all portfolio companies and automated follow ups based on a predetermined cadence. | ||
Notify portfolio companies of Client’s relationship with Carta to facilitate data collection (Carta can provide recommended email template at Client’s request). | ||
Email communication with Client’s portfolio companies for collection of source documents. | ||
Portfolio company data collection and processing | Quarterly collection and uploading of the following data upon the receipt of complete capitalization source documents: -- Summary capitalization table -- Rights and preferences of preferred shares/units. | Provide best practice guidance and support articles. |
Quarterly collection and uploading the following data upon the receipt of complete financial and KPI source documents: -- Standardized latest quarter, and forecasted financial statements including -- Income Statements, -- Balance Sheets, and -- Cash Flow Statements (supported financial categories provided on request); and -- Standardized KPIs (as listed in Appendix 1 below) | Provide best practice guidance and support articles. | |
Based on portfolio company responses upon uploading of RFI files, the PI Software will keep track of files that have been uploaded to the Carta platform for each portfolio company. | ||
Carta account overview and support | Each Client will have a dedicated Portfolio Insights analyst who will provide guidance (no hands-on assistance). | |
Carta will provide demos to review the following and any other questions or needs of the Client: -- Display of portfolio company standardized financial statements -- Display of portfolio company-provided KPIs -- Report and export features -- Display of portfolio company cap table and investment details -- Scenario modeling tools -- Other account features | ||
