Qapita, a Singapore-based equity management platform, has raised $26.5 million in a Series B funding round led by Charles Schwab. The deal marks a significant partnership milestone as Charles Schwab launches its new platform, Schwab Private Issuer Equity Services, powered by Qapita. The platform will enable U.S. startups to efficiently manage their cap tables, administer stock plans, and prepare for public listings, positioning Qapita at the center of a major expansion into the American private market space.
Founded in 2019 by Ravi Ravulaparthi, Lakshman Gupta, and Vamsee Mohan, Qapita helps private and public firms manage ownership structures, employee equity, and secondary share sales. Initially launched to replace spreadsheet-based equity tracking, the platform grew rapidly across India and Southeast Asia. It now serves over 2,700 companies, including about half of India’s unicorns, and provides specialized tools for both startups and listed firms to streamline equity management.
Ravulaparthi noted that while the U.S. private market has limited options, the collaboration with Charles Schwab opens vast growth opportunities. Schwab, which already manages stock plans for large public firms, will now extend its reach to private startups, competing with platforms like Carta and Morgan Stanley’s Shareworks. The new platform integrates automation for cap tables, reporting dashboards, and connectivity with Schwab’s wealth management network, enabling companies and employees to better manage stock plans and IPO preparations.
The Series B funding also saw continued backing from Citi and MassMutual Ventures, reflecting strong investor confidence in Qapita’s trajectory. With total funding exceeding $80 million and a workforce of 300, Qapita plans to enhance its offerings with a fund administration product across multiple regions. The company’s growing footprint underscores its ambition to become a dominant player in global equity management technology