Professional Summary
Tomas Milar is the founder and Chief Executive Officer of Eqvista, a leading equity management and valuation platform recognized as one of the fastest-growing solutions in the sector. Under his leadership, Eqvista manages over 21,000 companies and administers more than $100 billion in assets under administration (AuA) as of mid-2025, demonstrating significant growth from $50 billion AuA at the end of 2023. Tomas has articulated a strategic vision to scale Eqvista’s AuA to $1 trillion within a few years by combining equity management with financial and banking products developed atop client assets, aiming to streamline and integrate equity issuance and neobanking solutions.
Role and Responsibilities
As Founder & CEO, Tomas Milar directs the overall strategic vision and operational execution at Eqvista. His responsibilities include product innovation, market expansion, and cultivating partnerships. He spearheaded the launch of the first always-on, real-time valuation platform for private companies branded as Eqvista Real-Time Company Valuation™, which provides founders, CFOs, and CEOs with accurate up-to-the-minute company valuations to support capital raising, employee stock ownership plans (ESOPs), mergers and acquisitions (M&A), and debt negotiations.
In addition, Tomas oversees the integration of Eqvista with Cheqly, a neobank for startups he also founded, offering FDIC-insured business banking services such as VISA debit cards, ACH, and wire transfers. This synergy supports entrepreneurs with both equity and banking needs, including venture debt services designed to help companies expand operations.
Career Highlights and Entrepreneurship
- Founded several startups over his career, including Startupr, one of Hong Kong’s largest business incorporation platforms.
- Acquired and scaled IncParadise, a Nevada-registered agent company, expanding operations to Wyoming and solidifying a scalable, compliance-focused business model.
- Founder of Cheqly, a neobank tailored for early-stage and international companies, currently expanding across Southeast Asia with licenses in key markets such as Hong Kong and advancing in Singapore.
- Developed Eqvista into the first profitable cap table management platform, known for its affordability, customizable features, and high customer satisfaction, securing a leading market position with recognition in major publications such as the Wall Street Journal and Fortune Magazine.
Strategic Vision and Industry Impact
Tomas Milar is driving fintech innovation focused on simplifying equity management and corporate financial infrastructure. He emphasizes:
- Providing real-time cap table visibility and streamlined equity issuance processes to enhance investor relations and founder decision-making.
- Delivering NACVA-certified audit-ready 409A valuations to ensure tax compliance, reduce legal risk, and provide transparent financial reporting. Eqvista conducts around 60 audits and valuations monthly, including complex waterfall and option-pricing model analyses for late-stage startups and pre-IPO companies.
- Pioneering adoption of tokenized equity through blockchain technology to increase security, liquidity, and fractional ownership opportunities in private markets.
- Supporting startups with compliance related to tax filings and ASC 718 accounting standards, helping them avoid common pitfalls such as haphazard equity issuance and poorly structured employee stock option plans.
- Promoting financial literacy and education through advisory services, extensive content libraries, and hands-on client support to empower entrepreneurs in equity and tax-related matters.
Company Performance and Market Position
- Eqvista has demonstrated rapid growth and robust financial health, attaining one of the highest revenue run rates among cap table management platforms and maintaining profitability.
- Serves a broad client base of over 20,000 companies ranging from pre-seed startups and SMBs to unicorns and venture capitalists.
- Employs over 30 personnel across valuation, research, operations, and compliance functions.
- The platform's key features include real-time cap table updates, corporate action automation (stock splits, dividends), transparent share issuance, and direct issuer-investor communication, eliminating manual errors and easing administrative burdens.
- Strategic partnerships, especially with Cheqly, expand Eqvista’s ecosystem, integrating equity management and financial services, thereby increasing client value and stickiness.
Professional Affiliations and Community Engagement
- Member of the Forbes Technology Council, where he contributes thought leadership on fintech and startup growth strategies.
- Active mentor for startup accelerators including Techstars and Santa Cruz Works, guiding early-stage founders on growth, fundraising, and capitalization strategies.
- Serves as Resident Expert in Banking and Fintech for the Financial Policy Council, reflecting his recognized expertise in corporate finance and startup equity management.
Educational Background
- Holds educational credentials in management and marketing from Vrije Universiteit Brussel, complemented by additional studies in finance, economics, quantitative methods, and innovative management at leading European institutions.
This detailed profile establishes Tomas Milar as a highly experienced fintech entrepreneur and visionary leader, distinguished by his deep expertise in equity management, corporate compliance, and integration of neobanking solutions. His leadership has positioned Eqvista as a market innovator with scalable products that align with evolving startup needs and regulatory complexities, supported by a proven track record in growing high-impact financial technology ventures.
