Carta is finalizing a round of funding led by new investor Silver Lake Partners that would value the financial software startup at $7.4 billion including the new capital, roughly where secondary market investors valued it in February, two people familiar with the matter said.

The funding, expected to be $500 million to $600 million, would nearly double the cash pile that Carta has amassed since its founding nine years ago to build software for startups and investors to track their equity stakes. It plans to use the money, in part, to acquire other firms, although no deal is imminent, the people said.

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