Carta acquires a law firm and bets the future of private capital runs on a single platform

TL;DR

Carta acquired Avantia, a UK-based AI-powered law firm for asset managers, launching Carta Law as an integrated legal and compliance layer inside its private capital ERP platform. The deal is Carta’s fourth acquisition since October 2025, following Accelex, Sirvatus, and ListAlpha. Avantia was founded in 2019 by James Sutton, serves 200+ asset managers including 30% of the world’s largest funds across $15 trillion in AUM, and built an AI workflow engine called Ava. Carta Law connects legal work directly to fund operations on a single platform. Carta hit $500M revenue in 2025.

Carta has spent the past eight months buying its way toward something that did not exist a year ago: a single platform that handles dealmaking, fund operations, investor relations, and now legal and compliance work for the private capital industry. The acquisition of Avantia, a UK-based AI-powered law firm for asset managers, is the company’s fourth deal...

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