Washington, D.C. – TechNet, the national bipartisan network of innovation economy CEOs and senior executives today welcomed three new members: Byte, Carta, and Warburg Pincus.
“We are thrilled to welcome Byte, Carta, and Warburg Pincus as new members,” said Linda Moore, TechNet President and CEO. “Telehealth eliminates barriers to care, reduces costs, and improves patient wellness. Byte is at the forefront of innovation and is using technology to expand access to health care. Carta and Warburg Pincus are also investing in innovation to create opportunities and help startups and small businesses, which are the lifeblood of our economy. Startups thrive when they have access to capital and markets. Carta and Warburg Pincus invest in growth-oriented companies, providing opportunities and solutions to help businesses thrive. So far this year, TechNet has added 11 members. We look forward to working with all of our members, both old and new, to grow jobs and advance innovation.”
About TechNet’s new members:
Byte: Byte is on a mission to make the inaccessible, accessible—one smile at a time. With its revolutionary at-home invisible aligner system, customers receive professional results in a fraction of the time and cost of certain other competitors. Headquartered in Los Angeles, Byte’s nationwide network of licensed orthodontists and dentists prescribe every treatment plan and Byte’s expert team supports customers on their journey to achieving their new smiles—all from the comfort of their own homes. At under $85 per month, and coverage offered by an increasing number of insurance companies, Byte is making a straighter smile more affordable.
Carta: Carta is a software platform that allows founders, investors, and employees to manage equity and ownership. Companies like Samsara, Tilray, and Union Square Ventures use Carta to manage their cap tables, valuations, portfolio investments, and equity plans. More than 18,000 companies and over half a million employees and investors trust Carta to manage hundreds of billions of dollars in equity. Carta’s goal is to transform private markets by increasing liquidity and transparency between shareholders. Founded in 2012, Carta has raised $447.8 million from top investors, including Andreessen Horowitz, Lightspeed Venture Partners, Goldman Sachs Principal Strategic Investments, Meritech Capital, and more. Carta is an SEC-registered transfer agent.
Warburg Pincus: Warburg Pincus LLC is a leading global private equity firm focused on growth investing. The firm has more than $58 billion in private equity assets under management. The firm’s active portfolio of more than 195 companies is highly diversified by stage, sector, and geography. Warburg Pincus is an experienced partner to management teams seeking to build durable companies with sustainable value. Founded in 1966, Warburg Pincus has raised 19 private equity funds, which have invested more than $89 billion in over 920 companies in more than 40 countries. The firm is headquartered in New York with offices in Amsterdam, Beijing, Berlin, Hong Kong, Houston, London, Luxembourg, Mumbai, Mauritius, San Francisco, São Paulo, Shanghai, and Singapore.