
Mantle
Mantle is a next generation ownership and equity management platform for modern founders, powered by AI.
Date | Investors | Amount | Round |
---|---|---|---|
- | investor | €0.0 | round |
* | CAD10.5m | Seed | |
Total Funding | 000k |
USD | 2023 |
---|---|
Revenues | 0000 |
EBITDA | 0000 |
Profit | 0000 |
EV | 0000 |
EV / revenue | 00.0x |
EV / EBITDA | 00.0x |
R&D budget | 0000 |
Source: Dealroom estimates
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Mantle, founded in 2022 by Amar Varma, Amit Jethani, Franco Chingcuanco, and Dwayne Forde, is a Toronto-based fintech company that provides an AI-driven automated stock management platform.
Amar Varma, the CEO, is a seasoned entrepreneur with a track record of successful ventures, including the founding of Xtreme Labs (acquired by VMware/Pivotal) and Hatch Labs (the parent company of Tinder, which was acquired by IAC). His extensive experience in technology and private markets was a key driver in the creation of Mantle.
The company operates in the financial technology sector, targeting modern founders, operators, and law firms with its AI-powered platform. Mantle’s business model is centered on providing a comprehensive suite of tools for equity and ownership management. This includes cap table management, scenario modeling, and the issuance of SAFEs, shares, and option grants. The platform is designed to be investor-ready at every stage, allowing users to upload legal documents and have their entire cap table set up in a short amount of time.
Mantle’s core product is an AI-native cap table management platform that offers a range of features to streamline equity management. These include tools for issuing and managing equity, creating and managing option plans, and ensuring compliance with regulations. The platform also includes a feature called the "Tie-Out Tool" which is used internally and is also available to clients. For investment managers, Mantle offers the "Mantle Portal," which consolidates information from all investor portals into a single, centralized platform, simplifying the management of LP investments.
Keywords: equity management, cap table, private assets, stock management, financial technology, AI platform, investment management, SAFEs, option grants, compliance