Investing has evolved

The world's first platform for trading liquid startup equity. Now in development.

For investors

You are the next Cuban

01

Register

Open an investor account with Carthage

02

Select your startups

Pick your favorite startups you've seen on the news, or search by location to support your community

03

Purchase shares

Recieve tokenized equity that grows with your chosen startups

04

Track and trade

Track your investments or sell your equity back to a completely liquid market; the world's first of its kind

01

Create a profile

Showcase your story, goals, and metrics with Carthage

02

List for crowdfunding

Raise up to $75M from retail investors through Reg A+ with our streamlined compliance tools

03

Become tradable

Once the limit is reached, enable trading of outstanding equity on our liquid secondary market

04

Grow together

Engage with investors and boost visibility as active trading makes your company a household name

For founders

No more red tape

Frequently asked questions

How is Carthage different from platforms like Robinhood and Fidelity?

Robinhood, Fidelity, and other existing brokerage platforms share Carthage's vision of making the investment process more accessible; everyone should be able to make all sorts of investments. The difference is that we focus specifically on democratizing access to equity in startups and early-stage companies.


If you had invested just $10 into AirBnB during seed funding, far before it could have ever been available on platforms like Fidelity and Robinhood, you'd today have roughly $300,000. At Carthage, we are making these sorts of investments an option for everyone- not just Mark Cuban.

What exactly is Reg A+?

Reg A+ is the SEC regulatory framework that Carthage is being built on. Put simply, it allows startups to raise up to $75M from retail (non-professional) investors through a mini-IPO.


Carthage's vision is strong, but creating a fully liquid market for equity that is so heavily regulated is quite ambitious. We have chosen to build our platform around Reg A+ because it is the only SEC framework that allows retail investors to recieve liquid equity. Carthage will be the first platform to ever use Reg A+ in this way.

As an investor, how much do I have to pay to use Carthage?

Carthage is completely free to use!

How do startups benefit from using Carthage?

Besides the initial $75M they may gain from retail investors, startups who complete registration with Carthage gain listing on our platform. This grants them access to an incredibly broad audience of investors who will talk about their investments. This can happen every time a trade is made on our market that encourages trading, which perpetuates a cycle of ongoing interest for startups that may as well have registered years before.

Will all startups on Carthage succeed?

No- in fact, Startup Genome estimates that about 90% of startups fail. This is one reason why startup investments are heavily regulated. Carthage provides tools to give you the choice to make potentially life-changing investments, but outcomes are never guaranteed.

When will Carthage launch?

Carthage is currently in development and seeking funding. You can join our waitlist to be among the first to test and access the platform when it launches.

Who founded Carthage?

Carthage was founded and is being led by Adam Khadre, a computer science and mathematics student at The Ohio State University. Adam began attending The Ohio State University at 16, where he initially committed himself to research and first-authored a paper in computational oncogenomics at 17. Now, he is pursuing his passion for creating a freer and more accessible financial world through Carthage.