TL;DR

  1. Qapita: Best overall; seed to IPO, global structures, and audit ready reporting
  1. Carta: Best for US venture backed startups; strong investor and law firm familiarity
  1. Pulley: Best for founders; great experience and transparent seed stage pricing
  1. Ledgy: Best for European and UK companies; strong local scheme support
  1. Morgan Stanley at Work (Shareworks): Best for enterprise and pre-IPO companies
  1. Cake Equity: Best for growing international companies; fast setup
  1. Eqvista: Best for budget conscious and bootstrapped companies

Most founders choose their equity management software in an afternoon, during the week they incorporate, on the recommendation of whoever sent the first Slack message. Then it sits there for four years, quietly accumulating grants, SAFEs, conversions and vesting schedules, until a Series B auditor asks for an ASC 718 expense report and finance discovers the feature lives two pricing tiers up.

That is the real cost of this decision. Not the subscription. The switch.

This comparison covers the seven equity management platforms actually worth shortlisting in 2026, with pricing taken from each vendor’s own published pages, review data from G2’s Equity Management category as of August 2026, and more usefully a clear map of which compliance requirement forces an upgrade at which stage. Every pricing figure here is dated and sourced. Where a vendor doesn’t publish a number, we say so rather than guessing.

Top equity management platforms compared

Platform

Best for

Starting price (published)

Free plan

Qapita

Seed to IPO, global structures

Free tier for funding upto $1M or 25 stakeholders: Surge: $1600, Growth: $3000 & Enterprise: Quote based

Yes - to 25 stakeholders and $1M raised

Carta

US venture-track startups

Free tier for funding upto $1M or 25 stakeholders; paid plans quote-only

Yes - to 25 stakeholders and $1M raised

Pulley

Seed-stage founder experience

$1,200/yr (Startup, 25 stakeholders)

No

Ledgy

Europe and UK

Free (Launch, to 50 stakeholders); Scale from €3,000/yr

Yes

Morgan Stanley at Work (Shareworks)

Enterprise and pre-IPO

Not published

No

Cake Equity

International growth companies

Free (5 stakeholders); Build $1,000/yr

Yes

Eqvista

Budget-conscious

Free to 20 shareholders; then $2/shareholder/month

Yes

What is equity management software?

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