Carta Backs SimpleClosure After Shutting Down Its Own Startup Closure Service

Carta Backs SimpleClosure After Shutting Down Its Own Startup Closure Service

Carta Ends Its Startup Shutdown Business, Invests in SimpleClosure's $15M Series A Wondering why Carta abandoned its startup shutdown services and what it means for founders seeking startup winddown solutions? Here's everything you need to know. Carta , a leader in equity management, initially launched Carta Conclusions in early 2024 to help startups shut down more efficiently. However, by the end of that same year, the company announced it was discontinuing the offering. Now, Carta is pivoting strategically — choosing to invest in SimpleClosure , a rising platform often dubbed the "TurboTax of shutting down startups." This move signals a major shift in the startup winddown services landscape.                 Image Credits:Sebastian Gorczowski/ Getty Images Why Carta Shut Down Carta Conclusions Initially launched with optimism, Carta Conclusions aimed to simplify the complex process of winding down startups. But just months after its introduction, Carta realized that build…