Singapore-based equity management platform Qapita has successfully raised $26.5m in its Series B funding round, led by US-based Charles Schwab Corporation. The investment, which also saw participation from existing investors Citi and MassMutual Ventures, aims to support Qapita’s expansion into the US market and the launch of its fund administration product across multiple regions.
Qapita and Charles Schwab will collaborate on the Schwab Private Issuer Equity Services, a platform designed to help US-based private companies manage their cap tables and stock plans efficiently. This partnership is expected to facilitate a seamless transition for companies preparing to go public. Ravi Ravulaparthi, founder and CEO of Qapita, stated, “Our modern, configurable platform is designed to meet the needs of companies throughout their growth journey, and we think we can add immense value to the US start-up ecosystem.”
Operating in India, Southeast Asia, and the US, Qapita provides equity management solutions in two of the world’s largest start-up markets. The company aims to revolutionise how ownership is managed in private market ecosystems through its digital platform and service offerings. Qapita’s solutions include managing ownership records, fund administration, and facilitating secondary transactions and liquidity.
Previously, Qapita raised $10m from Analog Partners, a Singapore-based growth equity fund. Lakshman Gupta, founder and COO, remarked, “With our focus on product innovation, we’re raising the bar for how ownership is managed across private market ecosystems.”
Founded by Ravi Ravulaparthi, Lakshman Gupta, and Vamsee Mohan, Qapita is committed to building digital infrastructure for private markets across Asia and beyond.
