Benchmarks

Powerful, pre-aggregated tables that allow you to compare your fund and investment performance against anonymized Carta peer cohorts.

AGGREGATE_INVESTMENTS_WITH_BENCHMARKS

Includes all investments made by funds of a firm, including both active and exited positions, as well as aggregated benchmarks for each investment.

Column NameData TypeDescription
FIRM_IDTEXTUnique identifier for the management firm.
FUND_NAMETEXTName of the fund.
FUND_UUIDTEXTUnique identifier for the fund.
FUND_ENTITY_TYPE_NAMETEXTLegal structure classification of the fund entity (e.g., Fund, SPV, ...).
FIRM_NAMETEXTName of the investment firm.
FUND_INVESTMENT_KEYTEXTUnique identifier for each fund-investment combination.
GENERAL_LEDGER_ISSUER_IDTEXTUnique identifier of the issuer from the general ledger (GL).
GENERAL_LEDGER_ASSET_IDTEXTUnique identifier for the asset in the general ledger.
GENERAL_LEDGER_ASSET_CLASS_IDTEXTClassification identifier for the investment asset type.
MOST_RECENT_GENERAL_LEDGER_FUND_JOURNAL_ENTRY_IDTEXTIdentifier for the most recent journal entry affecting this investment.
MOST_RECENT_JOURNAL_ENTRY_UUIDTEXTUUID of the most recent journal entry for tracking updates.
MOST_RECENT_EVENT_KEYTEXTIdentifier for the most recent event affecting the investment.
ENTITY_LINK_IDTEXTReference ID linking to related entity information.
ISSUER_NAMETEXTName of the issuer from the general ledger (GL).
ASSET_CLASS_TYPETEXTClassification of the investment (e.g., Equity, Debt, Convertible).
ASSET_NAMETEXTSpecific name or description of the investment asset.
CURRENCY_CODETEXTCurrency denomination of the investment.
MOST_RECENT_JOURNAL_ENTRY_TYPETEXTType of the most recent transaction affecting the investment.
ISSUER_ENTITY_TYPETEXTLegal structure of the issuing entity.
ISSUER_DOMICILE_COUNTRYTEXTCountry where the issuing entity is domiciled.
IS_INVESTMENT_IN_FUNDBOOLEANFlag indicating if investment is in another fund (fund-of-funds structure).
IS_CRYPTO_ASSETBOOLEANFlag indicating if investment is in cryptocurrency or digital assets.
IS_OPTION_OR_WARRANT_ASSETBOOLEANFlag indicating if investment is an option or warrant.
IS_PUBLIC_ASSETBOOLEANFlag indicating if investment is in a publicly traded security.
IS_OWNERSHIP_INTEREST_ASSETBOOLEANFlag indicating if investment represents an ownership stake.
IS_ALTERNATIVE_OR_OTHER_ASSETBOOLEANFlag indicating if investment is classified as alternative investment.
IS_INVESTMENT_IN_CARTA_FUND_ENTITYBOOLEANFlag indicating if investment is in a Carta-administered fund.
IS_INTERNATIONAL_ISSUERBOOLEANFlag indicating if issuer is based outside the fund's domicile.
TAGSTEXTComma delimited list of tags assigned to the issuer by the firm.
TAGS_JSONOBJECTJSON object of category and tag key-value pairs assigned to the issuer.
IS_CARTA_CUSTOMERBOOLEANIndicates if the corporation is a Carta customer.
IS_FOREIGN_CURRENCY_INVESTMENTBOOLEANFlag indicating if investment is denominated in foreign currency.
INVESTMENT_DATEDATEDate when the initial investment was made.
LATEST_UPDATE_EFFECTIVE_DATEDATEDate of most recent update to investment information.
LATEST_FMV_EFFECTIVE_DATEDATEDate of most recent fair market value assessment.
COUNT_REMAINING_SHARESNUMBERCurrent number of shares or units held.
TOTAL_COST_BASISNUMBEROriginal cost of acquiring the investment, including all follow-on investments.
TOTAL_UNREALIZED_GAIN_LOSSNUMBERCurrent unrealized gain/loss (remaining_value - total_cost_basis).
TOTAL_PROCEEDSNUMBERTotal cash or equivalent received from partial or full exits.
REMAINING_VALUENUMBERCurrent fair market value of remaining holdings.
REMAINING_VALUE_PER_SHARENUMBERCurrent fair market value per share (remaining_value / count_remaining_shares).
TOTAL_VALUENUMBERTotal value including both realized and unrealized components.
TOTAL_COSTNUMBERTotal cost basis of the investment.
RESIDUAL_GAIN_LOSSNUMBERAdjustment for reconciling cost basis with actual gains/losses.
HAS_REALIZATIONBOOLEANFlag indicating if investment has had any realizations.
IS_ACTIVE_INVESTMENTBOOLEANFlag indicating if investment is currently held.
ASSET_SERIESTEXTThe series of the asset.
CARTA_CORPORATION_IDNUMBERThe Carta corporation ID.
INDUSTRY_BROADTEXTBroad industry classification.
INITIAL_INVESTMENT_COHORTTEXTCohort of the initial investment.
INITIAL_INVESTMENT_SHARE_CLASS_IDNUMBERShare class ID of the initial investment.
INITIAL_INVESTMENT_ROUND_RAISED_DATEDATEDate the initial investment round was raised.
INITIAL_INVESTMENT_POST_MONEYNUMBERPost-money valuation of the initial investment.
INITIAL_INVESTMENT_SHARE_CLASS_NAMETEXTShare class name of the initial investment.
INITIAL_INVESTMENT_SERIESTEXTSeries of the initial investment.
CURRENT_VALUE_SHARE_CLASS_IDNUMBERShare class ID of the current value.
CURRENT_VALUE_ROUND_RAISED_DATEDATEDate the current value round was raised.
CURRENT_VALUE_POST_MONEYNUMBERPost-money valuation of the current value.
CURRENT_VALUE_SHARE_CLASS_NAMETEXTShare class name of the current value.
POST_MONEY_GROWTH_RATENUMBERGrowth rate of the post-money valuation.
GROWTH_RATENUMBERThe growth rate.
NEXT_GROWTH_RATENUMBERThe next growth rate.
PERCENTILENUMBERThe percentile rank.
LAST_REFRESHED_ATDATETimestamp (UTC) indicating when this data was last refreshed during data pipeline execution

FUND_COHORT_DEPLOYMENT_VELOCITY:

Tracks fund deployment speed relative to peer funds, providing percentile benchmarks for capital deployment over time.

Column NameData TypeDescription
FUND_UUIDTEXTUnique identifier for the fund.
FIRM_IDTEXTUnique identifier for the management firm.
CUMULATIVE_INVESTED_THROUGH_MONTHFLOATTotal amount invested as of each month since vintage.
PERCENTAGE_INVESTED_THROUGH_MONTHFLOATPercentage of fund size deployed as of each month.
VINTAGE_YEARNUMBERFund's vintage year for cohort grouping.
FUND_AUM_BUCKETTEXTFund size category for peer comparison.
MONTHS_SINCE_VINTAGENUMBERNumber of months elapsed since first capital call.
CT_COMPANIES_IN_BUCKETNUMBERNumber of funds in the same cohort for comparison.
P1FLOAT1st percentile of deployment rate in cohort at this time point.
P5FLOAT5th percentile of deployment rate in cohort at this time point.
P10FLOAT10th percentile of deployment rate in cohort at this time point.
P25FLOAT25th percentile of deployment rate in cohort at this time point.
P50FLOATMedian deployment rate in cohort at this time point.
P75FLOAT75th percentile of deployment rate in cohort at this time point.
P90FLOAT90th percentile of deployment rate in cohort at this time point.
P99FLOAT99th percentile of deployment rate in cohort at this time point.
LAST_REFRESHED_ATDATETimestamp (UTC) indicating when this data was last refreshed during data pipeline execution

FUND_OPS_BENCHMARKS_V2

Operational benchmarks for funds based on size cohorts and vintage years joined back to fund-level tables.

Column NameData TypeDescription
FUND_IDTEXTUnique identifier for the fund.
FUND_NAMETEXTName of the fund.
FIRM_IDTEXTUnique identifier for the management firm.
TOTAL_OPXNUMBERTotal operating expenses excluding management fees.
PERC_OPX_TO_FUNDSIZENUMBEROperating expenses as percentage of fund size.
TOTAL_MGMT_FEESNUMBERTotal management fees paid by all partners.
PERC_MGMT_FEES_TO_FUNDSIZENUMBERManagement fees as percentage of fund size.
DRY_POWDERNUMBERRemaining capital available for investments and expenses.
PERC_CAPITAL_REMAININGNUMBERPercentage of fund size not yet deployed.
COST_LEGAL_FEESNUMBERTotal legal fees paid by the fund.
PERC_COST_LEGAL_FEES_TO_CONTRIBUTIONSNUMBERLegal fees as percentage of total contributions.
COST_SOFTWARE_AND_TECHNOLOGYNUMBERCosts related to software, technology, and IT.
PERC_COST_SOFTWARE_AND_TECHNOLOGY_TO_CONTRIBUTIONSNUMBERSoftware and technology expenses as percentage of total contributions.
FUND_AUM_BUCKETTEXTFund size category used for peer grouping.
VINTAGE_YEARNUMBERYear of first capital call, used for cohort analysis.
ENTITY_TYPE_NAMETEXTLegal structure classification of the fund entity.
NET_PERC_CAPITAL_REMAINING_50THNUMBERMedian capital remaining percentage in cohort.
CT_COMPANIES_CAPITAL_REMAININGNUMBERNumber of funds in cohort for capital remaining analysis.
NET_PERC_MGMT_FEES_TO_FUNDSIZE_50THNUMBERMedian management fees as percentage of fund size.
CT_COMPANIES_MGMT_FEESNUMBERNumber of funds in cohort for management fee analysis.
NET_COUNT_GPS_50THNUMBERMedian GP count in cohort.
CT_COMPANIES_GPSNUMBERNumber of funds in cohort for GP count analysis.
NET_COUNT_LPS_50THNUMBERMedian LP count in cohort.
CT_COMPANIES_LPSNUMBERNumber of funds in cohort for LP count analysis.
NET_PERC_OPEX_TO_FUNDSIZE_50THNUMBERMedian operating expenses as percentage of fund size.
CT_COMPANIES_OPEXNUMBERNumber of funds in cohort for operating expense analysis.
NET_PERC_COST_LEGAL_FEES_TO_CONTRIBUTIONS_50THNUMBERMedian legal fees as percentage of contributions.
CT_COMPANIES_LEGALNUMBERNumber of funds in cohort for legal cost analysis.
NET_PERC_COST_TECH_TO_CONTRIBUTIONS_50THNUMBERMedian technology costs as percentage of contributions.
CT_COMPANIES_TECH_COSTNUMBERNumber of funds in cohort for technology cost analysis.
NET_PERC_PAYROLL_TO_CONTRIBUTIONS_50THNUMBERMedian payroll as percentage of contributions.
CT_COMPANIES_PAYROLLNUMBERNumber of funds in cohort for payroll analysis.
LAST_REFRESHED_ATDATETimestamp (UTC) indicating when this data was last refreshed during data pipeline execution

INVESTMENT_GROWTH_RATE_DENSITY_BENCHMARKS

This table contains a statistical model for investment valuation growth. It provides a probability distribution for an investment's next growth rate based on its current growth rate, cohort, and industry, allowing for sophisticated "what-if" analysis and performance benchmarking.

Column NameData TypeDescription
IDNUMBERUnique identifier for each row in the density model.
GROWTH_RATENUMBERThe current or starting valuation growth multiple of an investment.
NEXT_GROWTH_RATENUMBERA potential subsequent valuation growth multiple.
DENSITYFLOATThe probability density, representing the relative likelihood of achieving the NEXT_GROWTH_RATE.
CUMULATIVE_PROBSFLOATThe cumulative probability, representing the likelihood of achieving a growth rate less than or equal to the NEXT_GROWTH_RATE.
PERCENTILENUMBERThe percentile rank corresponding to the cumulative probability.
INITIAL_INVESTMENT_COHORTTEXTThe cohort of the investment, typically based on the vintage year of the first investment round.
INDUSTRY_BROADTEXTThe broad industry classification of the investment (e.g., SaaS, FinTech, Healthcare).
STARTING_SERIESTEXTThe financing round that serves as the starting point for the GROWTH_RATE measurement (e.g., Seed, Series A).
LAST_REFRESHED_ATDATETimestamp (UTC) indicating when this data was last refreshed during data pipeline execution

TEMPORAL_FUND_COHORT_BENCHMARKS

Time-series benchmarks tracking fund performance metrics (DPI, TVPI, IRR, MOIC) by cohort over time.

Column NameData TypeComment
_PERF_PKTEXTPrimary key for performance metrics table
FUND_UUIDTEXTUnique identifier for the fund. Used as both a primary key and a foreign key.
FIRM_IDTEXTUnique identifier for the management firm. Used as both a primary key and a foreign key.
NET_IRRFLOATNet internal rate of return (IRR) for the fund
MOICFLOATMultiple on invested capital (MOIC). Calculated as total value / total cost.
TVPIFLOATTotal value to paid-in (TVPI) capital ratio
DPIFLOATDistributions to paid-in (DPI) capital ratio
VINTAGE_YEARNUMBERFund's vintage year for cohort grouping
FUND_AUM_BUCKETTEXTFund size category for peer grouping
PERFORMANCE_QUARTER_START_DATEDATEStart date of the quarter for which metrics are calculated
COUNT_COMPANIES_IN_BUCKETNUMBERNumber of funds in the same cohort
ENTITY_TYPE_NAMETEXTLegal structure classification of the fund entity (e.g., Fund, SPV, ...).
DPI_1FLOAT1st percentile DPI in cohort
DPI_5FLOAT5th percentile DPI in cohort
DPI_10FLOAT10th percentile DPI in cohort
DPI_25FLOAT25th percentile DPI in cohort
DPI_50FLOATMedian DPI in cohort
DPI_75FLOAT75th percentile DPI in cohort
DPI_90FLOAT90th percentile DPI in cohort
DPI_95FLOAT95th percentile DPI in cohort
DPI_99FLOAT99th percentile DPI in cohort
TVPI_1FLOAT1st percentile TVPI in cohort
TVPI_5FLOAT5th percentile TVPI in cohort
TVPI_10FLOAT10th percentile TVPI in cohort
TVPI_25FLOAT25th percentile TVPI in cohort
TVPI_50FLOATMedian TVPI in cohort
TVPI_75FLOAT75th percentile TVPI in cohort
TVPI_90FLOAT90th percentile TVPI in cohort
TVPI_95FLOAT95th percentile TVPI in cohort
TVPI_99FLOAT99th percentile TVPI in cohort
NET_IRR_1STFLOAT1st percentile net IRR in cohort
NET_IRR_5THFLOAT5th percentile net IRR in cohort
NET_IRR_10THFLOAT10th percentile net IRR in cohort
NET_IRR_25THFLOAT25th percentile net IRR in cohort
NET_IRR_50THFLOATMedian net IRR in cohort
NET_IRR_75THFLOAT75th percentile net IRR in cohort
NET_IRR_90THFLOAT90th percentile net IRR in cohort
NET_IRR_95THFLOAT95th percentile net IRR in cohort
NET_IRR_99THFLOAT99th percentile net IRR in cohort
MOIC_1TEXT1st percentile MOIC in cohort
MOIC_10TEXT10th percentile MOIC in cohort
MOIC_25TEXT25th percentile MOIC in cohort
MOIC_50TEXTMedian MOIC in cohort
MOIC_75TEXT75th percentile MOIC in cohort
MOIC_90TEXT90th percentile MOIC in cohort
MOIC_95TEXT95th percentile MOIC in cohort
MOIC_99TEXT99th percentile MOIC in cohort
NET_IRR_90TH_COHORTFLOAT90th percentile IRR threshold for top-performing cohort
DPI_90TH_COHORTFLOAT90th percentile DPI threshold for top-performing cohort
TVPI_90TH_COHORTFLOAT90th percentile TVPI threshold for top-performing cohort
MOIC_90TH_COHORTTEXT90th percentile MOIC threshold for top-performing cohort
DPI_25TH_COHORTFLOAT25th percentile DPI in cohort
TVPI_25TH_COHORTFLOAT25th percentile TVPI in cohort
NET_IRR_25TH_COHORTFLOAT25th percentile net IRR in cohort
DPI_50TH_COHORTFLOAT50th percentile DPI in cohort
TVPI_50TH_COHORTFLOAT50th percentile TVPI in cohort
NET_IRR_50TH_COHORTFLOAT50th percentile net IRR in cohort
DPI_75TH_COHORTFLOAT75th percentile DPI in cohort
TVPI_75TH_COHORTFLOAT75th percentile TVPI in cohort
NET_IRR_75TH_COHORTFLOAT75th percentile net IRR in cohort
DPI_95TH_COHORTFLOAT95th percentile DPI in cohort
TVPI_95TH_COHORTFLOAT95th percentile TVPI in cohort
NET_IRR_95TH_COHORTFLOAT95th percentile net IRR in cohort
LAST_REFRESHED_ATDATETimestamp (UTC) indicating when this data was last refreshed during data pipeline execution