Avantia

Carta, the agentic enterprise resource planning (ERP) platform for private capital, has acquired Avantia, an AI-native legal-tech company and Hoxton Ventures portfolio company. The acquisition was announced on 13 May 2026 and marks a significant consolidation in the intersection of legal services, automation, and private market infrastructure.

Summary of transaction details:

• Value: Not disclosed
• Sector: DeepTech & AI
• Advisor: Not disclosed
• Key Entities: Carta (Acquirer), Avantia (Target), Hoxton Ventures (Seller/Investor)
• Location: London, United Kingdom (Hoxton Ventures); Global operations

Note: The acquisition is driven by growing demand for AI-native infrastructure across financial and legal operations. Avantia's AI-driven workflow engine, Ava, which serves over 200 global asset managers and powers transactions tied to more than $15 trillion in assets under management, will be integrated into Carta's ERP platform to unify legal, compliance, and fund administration functions in a single system, reinforcing Carta's position as a leading platform for private capital operations.