Qapita, a Singapore-based provider of equity management SaaS solutions, raised $ 15 million in a Series A funding round co-led by East Ventures (Growth Fund) and Vulcan Capital, with participation from NYCA.
Other existing investors including MassMutual Ventures, Endiya Partners. Several existing angel investors across India, Singapore, and Indonesia including Alto Partners, Partners of the Northstar Group, K3 Ventures, Mission Holdings, Anjali Bansal (Founder of Avaana Capital), and Sujeet Kumar (CoFounder of Udaan) invested in this round.
With the proceeds from this funding round, Qapita plans to add more products to its platform that will not only provide solutions for private companies and start-ups but also to investors, shareholders and employees. Qapita also plans to facilitate liquidity solutions via a digital marketplace enabling transactions for companies between investors and employee stakeholders. With this latest round, Qapita will amplify its client base across Singapore, Indonesia, and India.
Company: Qapita Corp.
Round: Series A
Funding Month: October 2021
Lead Investors: East Ventures (Growth Fund) and Vulcan Capital
Additional Investors: NYCA, MassMutual Ventures, Endiya Partners, Alto Partners, Partners of the Northstar Group, K3 Ventures, Mission Holdings, Anjali Bansal, and Sujeet Kumar
Company Website: https://www.qapitacorp.com/
Software Category: Digital equity management platform
About the Company: Founded in September 2019 by Ravi Ravulaparthi (CEO), Lakshman Gupta (COO), and Vamsee Mohan (CTO), Qapita is a Singapore headquartered digital equity management platform for private companies, particularly start-ups. Its software, QapMap, is designed to enable capitalization table (cap table) management, employee stock ownership plan (ESOP) management and digital ESOP issuance to eventually enable digital share issuance for companies across South and Southeast Asia. Qapita’s vision is to build a network of stakeholders and digitally enable private investments and transactions in the future. AThe business has offices in Singapore and India.