Centi is a platform that streamlines the management of employee equity programs for Private Equity-owned businesses by automating workflows and integrating with DocuSign for secure document handling. It addresses the inefficiencies and complexities of traditional ownership structures, enabling real-time monitoring of cap tables and compliance checks without manual processes.
Funding
Funding not disclosed
Founders
Product
Problem
Private equity-owned businesses often struggle with the complexities and manual processes involved in managing employee equity programs, leading to inefficiencies and potential compliance issues. Traditional methods rely on spreadsheets and manual document handling, making it difficult to maintain accurate cap tables and track ownership changes in real-time.
Solution
Centi is a purpose-built platform designed to streamline the management of employee equity programs for private equity-owned businesses. The platform automates workflows for handling joiners, leavers, and pro-rata offers, while integrating with DocuSign for secure document management. Centi provides a single source of truth for ownership data, enabling real-time monitoring of cap tables, structure charts, and individual stakeholder views. The system also facilitates KYC checks and AML screenings to ensure compliance, eliminating the need for manual ID document submissions.
Target Audience
Centi is designed for private equity firms and the businesses they own that operate employee equity programs.
Features
- Automated workflows for equity program management, including handling joiners, leavers, and pro-rata offers
- Integration with DocuSign for secure and efficient document handling
- Real-time cap table management and ownership tracking
- KYC and AML screening capabilities for compliance
- Detailed entity and security data, with legally compliant share register exports
- Role-based access control for fund professionals, company management, and advisors