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Fortune
Fortune
Jessica Mathews

Carta CEO says company is investigating customer allegations of self-dealing with confidential information

Portrait of Carta CEO Henry Ward on red background with several Carta logos. (Credit: Courtesy of Carta (2))

A leading provider of equity management services for privately-held startups has been accused of using confidential customer information to boost its own business, sparking a wave of finger-pointing and recriminations within Silicon Valley's startup community over the weekend.  

At the center of the dispute is Carta, the equity management services startup last valued at $7.4 billion. On Friday, a Carta customer alleged on social media that Carta was using his company’s private information for self-dealing.

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