AST Private Company Solutions™ (AST PCS) announced a strategic partnership with Derivatas, a leading valuation solutions provider. Users of AST PCS’s Astrella™ capitalization (cap) table and ownership data management platform will be able to integrate with Derivatas’ services and benefit from best-in-class valuations for private markets, including fair value measurements (ASC 820) for venture capital (VC) and private equity funds, tax compliance valuations (IRC 409A) for startups, as well as deal analyses.
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AST PCS, the Silicon Valley-based unit of ownership data management leader AST, recently launched Astrella as a transformative technology in private company shareholder management. The new cloud-based software-as-a-service platform brings together innovative private blockchain technology, artificial intelligence (AI) and predictive analytics and was built with an API-based ecosystem to quickly integrate with leading providers like Derivatas.
In addition to creating a connection between Derivatas and Astrella, AST PCS integrated Derivatas’ sophisticated exit modeling/waterfall analysis and next round calculator into Astrella. Users of Astrella will be able to easily run exit and financing scenarios directly within the Astrella platform.
“Astrella’s cap table and ownership data management platform is a game-changer in private company shareholder management,” states Derivatas CEO Dat Do. “AST is widely recognized for providing sophisticated technology to shareholders. With this partnership we can integrate complex data flows across company valuation, regulatory, and compliance functions in real time. We are excited to work with PCS to provide a new level of integrated functionality to the venture and startup community.”
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