#1 409A Valuation Platform

Get more from your 409A valuation price. Not less

Most 409A valuation firms quote low and bill high. Qapita is different. Transparent pricing, no hidden fees, and CFA- signed reports that hold up to IRS and auditor scrutiny – delivered in 7-10 days.

Audit Support Included at No Extra Cost.
No Black-Box Algorithms. Real Analysts Only.
Independent valuation services for every stage.

TRUSTED BY 3000+ COMPANIES WORLDWIDE

Single Reports Yearly

500+

Client Market Cap

US $100B+

Countries Served

30+

Auditors Worked With

15+

What's Included

Here's what your 409A valuation cost covers

Before you compare 409A valuation prices, know what you're comparing. Here's everything Qapita includes – that others often bill separately.

Valuations Built by Analysts on Context, Not Just Data

Every company is different. Your valuation should reflect that.

Unlike automated tools, Qapita assigns an experienced analyst who studies your cap table, funding history, and growth profile - not just your numbers.

The methodology is tailored to your stage and business model, so the report structure and reasoning holds up under investor and auditor scrutiny.

Questions? Let's talk

Credibility That Holds Up to Scrutiny

Reviewed. Verified. Signed by experts.

Every assumption, method, and input is rigorously vetted and documented - not a generic PDF, but a report signed by qualified professionals your board and auditors can rely on.

Your dedicated analyst stays available after delivery to walk through the methodology and defend the numbers when it matters most.

Questions? Let's talk

Methodologies Aligned with Industry Valuation Guidelines

Valuations that make sense for your business.

We assess your cap table, terms, and growth profile to apply the right approach – whether that's OPM back solve, PWERM, or hybrid models. No force-fitting, just the method that suits your structure.

Pre-revenue? We use market benchmarks and transparent models built for lean cap tables – so your valuation is defensible at every stage.

Questions? Let's talk

Your Valuation Partner, Not Just a Provider

We’re here to explain, not just deliver.

409A reports can be dense. We walk you through how FMV was determined, what it means for your option grants, and how it impacts future rounds – so you always know what you're signing off on.

Your analyst stays with you through board questions and auditor reviews. You get a real partner, not just a PDF.

Questions? Let's talk

No Platform Lock-In

Flexibility to suit your needs.

Need just a standalone 409A? We offer that with no upsell required. Want to bundle with cap table management or ASC 718 reporting? That works too.

You choose the integration path that fits your workflow - whether it's one-time compliance or a full platform. We meet you where you are.

Questions? Let's talk

Why Qapita

No trade-off between 409A valuation price and quality

Affordable 409a valuation cost or a defensible 409A report – Qapita delivers both without cutting corners.

Done Right. Not Just Fast.

We don't promise reports in minutes – because accuracy matters more than speed. Every valuation is studied, structured, and tailored to your stage, funding history, and cap table, so it holds up under investor and auditor scrutiny.

Talk to a Real Analyst.

Your dedicated analyst explains the methodology, answers your questions, and guides you through auditor reviews. No hidden logic. No generic PDFs. Just clear, defensible reasoning behind every number.

Standalone or Platform Integrated. Your Choice.

Need just a 409A? No problem. Want to bundle with equity management or ASC 718 reporting? That works too. We won't upsell you into a higher plan just to get what you need.

Our Process

Your journey with Qapita

Share your data, review the numbers, and sign off with confidence: We coordinate the entire 409A workflow, so nothing falls through the cracks.

Kick-off

Information request list

Prepare report

Valuation model and report workings

Report review

End-to-end support with auditor queries

Data review

Data review
and confirmation

Draft report

For client and auditor review and discussion

Signed report

Final report signed & issued

Report delivery

We adopt a partnership approach to ensure the report workings are delivered on time without compromising quality

Auditor review

We will support you with all queries from the auditor to ensure the valuation parameters, assumptions and methods are in line with accounting standards

Questions? Let's talk

The #1 Equity Management platform on G2

We’re recognized as a Global Leader. Also, ranked the best in Customer Satisfaction for both Enterprise and Mid-Market. (See why on G2)

Qapita is the only platform to earn all four "best" badges: Best Usability, Best Relationship, Best Implementable, and Best Results. We’ve set the standards for equity management.

Image of the G2 embed for Qapita - #1 Equity Management platform on G2

G2 Grid® for Equity Management Software | Summer 2025

They talk about it better than we do

Simple product and Supportive team

"Simple product and Supportive team Qapita is an easy to use product, the team completed the onboarding with very little of my time spent on the actual setup. Their support team went above and beyond to answer all my questions on the 409A and some scenarios I wanted to run on the captable.
Qapita simplifies management of captables. I need to manage investors, employees and also run scenarios. Qapita simplifies all of this, while creating a simple view for each of the stakeholders."

Anuraag N.

Small-Business (50 or fewer emp.)

"Qapita was a valuable partner throughout our audit process. They demonstrated a strong understanding of the intricacies around our convertible instruments and employee equity plans, stayed aligned with our deadlines, and worked seamlessly with our auditors to help us navigate the process efficiently.

CHIN Poh Huat

Vice President of Finance, Campana

Having Qapita by our side during the audit made a real difference; they brought deep expertise in navigating the complexities of our financial instruments and equity programs, kept pace with our timelines, and worked hand-in-hand with our auditors to ensure the entire process was smooth and stress-free.”

Ankur Aggarwal

Executive Director- Finance, Strategy & Planning (Regional), Docquity

FAQs

Frequently asked questions

How much does a 409A valuation typically cost?

409A valuation pricing in the market typically ranges from $1,500 to $5,000+, depending on the provider, company stage, and complexity of your cap table. At Qapita, we offer custom pricing based on your requirements – so you know your exact cost before we begin, with no hidden fees or add-ons.

How long does a 409A Valuation take?

Most 409A valuations in the market take 1–2 weeks once all necessary documents are provided, but Qapita is built to move faster without cutting corners. With a clear information checklist, dedicated analyst, and streamlined workflows, many startups see a signed, audit‑ready 409A report from Qapita in about 7–10 business days, with expedited turnaround available when a board meeting, grant date, or funding round is coming up fast.

How often should I get a 409A Valuation?

A 409A valuation should be updated at least once every 12 months to maintain IRS “safe harbor” protection and keep your option pricing aligned with current fair market value. In practice, you should also get a fresh 409A sooner whenever a material event occurs - such as closing a new funding round, receiving an acquisition offer, executing a major secondary sale, or experiencing a significant change in your financial performance or business model - because these events can meaningfully change what your company is worth and make an older valuation hard to defend.

What happens if I don’t get a 409A Valuation?

Skipping 409A valuations can create real problems for both your team and the company. If the IRS later decides your stock options were granted below fair market value, employees may owe income tax on the “discount” right away, plus an additional 20% penalty and interest on top of their normal tax bill.

On top of that, not having a proper 409A on file can raise red flags in audits, funding rounds, secondary transactions, or an eventual exit, because investors, acquirers, and auditors all expect to see a consistent history of independent, compliant valuations underpinning your option grants.