Qapita Partners with Citi to Accelerate Platform for Private Enterprise Market


Equity management platform Qapita announced on Tuesday that it has partnered with Citi to accelerate its platform for the private enterprise market. Qapita plans to facilitate liquidity solutions via a digital marketplace allowing transactions for companies between investors and employees.

Citi had joined the company in its recent $ 15 million Series A co-led by East Ventures (Growth Fund) and Vulcan Capital.

Value of private securities

Qapita, backed by Endiya Partners, estimated that the value of private securities in this region will exceed $ 1.5 trillion (with 200-250 unicorns) over the next few years and that scalable digital solutions will be essential for such an ecosystem. prosperous. Its equity management software solves HR (ESOP), finance and fundraising issues for private companies, investors, shareholders and employees. Qapita’s marketplace will allow secondary transactions for these stakeholders. Qapita estimates that more than $ 150 billion in equity will need liquidity solutions.

Ravi Ravulaparthi, CEO and Co-Founder of Qapita, said: “Our quest is to create a unified platform that deals with all matters relating to equity for a private company. The private market in this part of the world is expected to be worth $ 1 trillion to $ 1.5 trillion. This market needs an operating system and transaction rails to make it transparent, accessible and efficient. This partnership with Citi will help us accelerate this mission. We look forward to further partnerships of this type with ecosystem players.

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