Qapita raises $15 million

Qapita, a Singapore-based fintech offering equity management solutions, has raised a Series A round of $15 million. This round is co-led by East Ventures and Vulcan Capital, with participation from NYCA, MassMutual Ventures Southeast Asia, Endiya Partners and several angel investors.

Founded in 2019, Qapita helps private companies and startups record and manage capitalization tables and employee stock ownership plans. With the funding, the startup will look to add new products for investors, shareholders and employees. Qapita also plans to facilitate liquidity solutions via a digital marketplace enabling transactions for companies between investors and employee stakeholders.

“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 start-up 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.” – Willson Cuaca, co-founder and managing partner of East Ventures.