Published on May 12, 2025 5 min read

The Best Cap Table Platforms for Scalable Equity Management Needs

Managing a cap table might seem straightforward in the early stages of a startup, but as your business grows, complexities arise quickly. Tracking shares, options, convertible notes, SAFEs, and investor data manually in spreadsheets can lead to costly errors. That’s why cap table management software is now considered essential for startups, especially when preparing for fundraising, audits, or exits.

The best cap table software in 2025 is more than just a digital ledger. It automates ownership records, ensures compliance, streamlines equity issuance, and provides visibility for founders, investors, and employees alike. Below, we explore the top cap table management solutions that deliver accuracy, compliance, and investor-grade clarity.

Best Cap Table Management Software Solutions in 2025

Managing equity in a startup requires precision, especially during funding rounds, stock option grants, or ownership transitions. The following cap table tools offer automation, compliance, and real-time transparency—ideal for founders, investors, and legal teams.

1. Carta

Carta continues to lead the cap table software market in 2025. Its platform is designed to simplify equity management for startups, investors, and employees. Carta automates equity tracking, 409A valuations, stock option grants, and investor reporting. Founders can manage fundraising rounds and employee stock plans all in one interface.

One standout feature is the investor view dashboard, which allows stakeholders to monitor their holdings and see updates in real time. Carta is especially favored by startups raising capital frequently, as it makes due diligence faster and more transparent. Its integrations with payroll, legal, and compliance tools also eliminate manual work and risk.

2. Pulley

Pulley has become a fast favorite among early-stage startups. Known for its clean UI and startup-friendly pricing, Pulley allows teams to manage equity from incorporation through growth. It offers support for SAFEs, convertible notes, and multiple share classes, making it ideal for founders who need flexible cap table modeling.

In 2025, Pulley will enhance its platform with scenario modeling tools, exit waterfall calculations, and founder-focused education built right into the dashboard. It also offers cap table audits and flag alerts for potential equity missteps. The transparency it provides ensures founders and their teams understand exactly how ownership is distributed and diluted over time.

3. Eqvista

Eqvista offers robust cap table management features for startups, corporations, and investors. Its system supports company valuations, stock option planning, and investor relations. Eqvista stands out for its affordability and global accessibility, offering compliance with both U.S. and international corporate governance standards.

Users benefit from real-time cap table updates, grant templates, and automated document generation. In 2025, Eqvista will improve its integrations with legal and finance platforms, making it a versatile tool for both private and pre-IPO companies. For startups seeking a well-rounded yet affordable alternative to Carta, Eqvista provides great value without compromising on function.

4. Ledgy

Ledgy is a Europe-focused cap table platform that has gained traction among global startups looking for a GDPR-compliant solution. It handles equity splits, vesting schedules, fundraising rounds, and employee participation schemes with intuitive controls. One of its strongest features is its support for cross-border tax and compliance tracking.

In 2025, Ledgy will introduce deeper integrations with HR and legal platforms, plus advanced forecasting tools to simulate equity changes across different funding rounds. It is particularly popular with remote and distributed teams thanks to its multilingual interface and investor portal that simplifies cap table access for international shareholders.

5. Eqoro

Eqoro is gaining attention for its next-gen approach to cap table automation. With blockchain-backed security and real-time share ledger syncing, Eqoro appeals to tech-forward startups. Its modular dashboard allows founders to create customized views for legal teams, investors, and employees.

In 2025, Eqoro will strengthen its focus on tokenized equity, giving modern startups tools to track non-traditional asset ownership. It also supports integrations with decentralized finance (DeFi) protocols, making it attractive to web3 projects or DAOs that need to manage both traditional shares and digital tokens.

6. Astrella

Astrella, powered by Equiniti, combines traditional equity management with emerging technologies. It uses AI to support real-time data validation and helps founders model cap table changes during financing or M&A events.

Its cloud-native infrastructure ensures smooth onboarding, and its legal-grade audit trail improves accuracy in reporting. In 2025, Astrella will become increasingly popular for companies scaling internationally, thanks to its compliance-ready templates for multiple jurisdictions. For companies preparing for exits or international expansion, Astrella offers both clarity and control.

7. Capboard

Capboard is an intuitive platform that targets European and Latin American startups. It helps manage cap tables, share issuance, and investor communications without the overhead of more complex tools. It supports digital signing, investor update tools, and ESOP management.

In 2025, Capboard will update its interface with advanced visualization tools that make equity distribution clear for non-financial stakeholders. It also improves integration with legal entities across Spain, Germany, and Brazil, making it more appealing for regionally focused startups.

8. TruEquity

TruEquity is a lesser-known but efficient platform built for early to mid-stage startups. It offers features like customizable cap tables, digital stock issuance, and role-based access control. TruEquity focuses on simplifying equity for founders who don’t have a finance or legal background.

The 2025 update includes drag-and-drop modeling for equity rounds, making it easy to visualize the impact on ownership and dilution. Its pricing is startup-friendly, and it offers dedicated onboarding for companies new to cap table management software.

Conclusion

Cap table management is no longer a back-office task. In 2025, it’s a core part of strategic planning for startups at every stage. The right software not only helps avoid mistakes but also builds trust with investors, simplifies due diligence, and supports team equity transparency.

From heavyweights like Carta and Shareworks to nimble tools like Pulley and Captable.io, there’s a solution tailored to every type of company. Your best pick depends on your funding stage, team size, compliance needs, and vision for future growth.