Provider of equity management SaaS solutions, Qapita has raised $15 million in Series A round co-led by Vulcan Capital and East Ventures. NYCA and existing investors including MassMutual Ventures and Endiya Partners also participated in the funding round.

With the latest funds, Qapita plans to include more products that will provide solutions for private companies, startups, investors, shareholders and employees. Also, Qapita aims to amplify its client base across Indonesia, Singapore and India.

Speaking on the same, Ravi Ravulaparthi, CEO and Co-founder of Qapita, said, “We are in some of the fastest-growing private markets in the world. It is an incredible time to build an operating system and transaction rails for private company ownership in this region. This is about leveraging tech to enhance transparency, access, efficiency and liquidity in private markets. Team Qapita is full of gratitude to our investors, partners and well-wishers in joining us on this quest.”

The platform was founded in September 2019 by Lakshman Gupta, Ravi Ravulaparthi and Vamsee Mohan. Its equity management software solves pain points relating to finance, HR and fundraising for investors, private companies, shareholders and employees.

From seven people the team Qapita has grown to about 65 people today across Singapore and India. It aims to scale up talent across Indonesia, India and Singapore in the near future.

Wilson Cauca, Co-founder and Managing Partner of East Ventures, shared, “East Ventures is excited to double down its investment in Qapita to build an operating system for private markets in this region. This platform can become the connective tissue between private companies, their employees, shareholders and investors on all equity related matters. The startup ecosystem in Indonesia and the broader region is growing at a rapid pace. We are happy to accelerate the mission of Team Qapita in capturing this opportunity, starting with the support of our seed fund and continuing with the growth fund.”