Top 10 Best 409A Valuation Software of 2026

Carta is a leading equity management platform that provides automated 409A valuations tailored for startups and private companies. It uses IRS-approved methodologies like backsolve, option pricing models (OPM), and probability-weighted expected return method (PWERM) to deliver compliant valuations quickly. Integrated seamlessly with Carta's cap table management, it enables real-time updates, scenario analysis, and reporting for cap table stakeholders.

Pulley is an equity management platform designed for startups, offering automated cap table management and 409A valuations in one seamless tool. It employs industry-standard methods like the backsolve and Option Pricing Method (OPM) to deliver IRS-compliant valuations quickly, often daily or on-demand. The software excels in integrating valuation data directly with live cap table updates, enabling scenario modeling and stakeholder reporting without manual reconciliation.

Shareworks, by Morgan Stanley, is a comprehensive equity management platform that includes 409A valuation services for private companies to determine fair market value of common stock in compliance with IRS Section 409A. It automates valuation processes using standard methodologies like independent appraisals, backsolve, and option pricing models, integrating them with cap table management and stock plan administration. Designed for scalability, it supports complex equity structures while providing audit-ready documentation and reporting for tax and compliance needs.

Ledgy is a comprehensive equity management platform that provides 409A valuations integrated with cap table management, share issuances, and employee equity administration. It employs methods like the backsolve approach for IRS-compliant fair market value assessments, automating the valuation process for private companies. The tool excels in maintaining real-time accuracy across equity transactions and supports scenario modeling for fundraising and exits.

Eqvista is a cap table management platform that provides automated 409A valuations compliant with IRS Section 409A requirements, using methods like the Backsolve Option Pricing Model (OPM) and Probability-Weighted Expected Return Method (PWERM). It integrates equity management, scenario modeling, and valuation services into one dashboard, allowing startups to track ownership, issue shares, and generate audit-ready reports. The tool is particularly useful for pre-IPO companies needing frequent valuations for stock options without high costs.

ValuationCloud is a cloud-based platform providing automated IRC 409A valuations tailored for startups and private companies. It generates compliant valuation reports using methods like backsolve, OPM, and probability-weighted expected return, with fast delivery times. The software also includes cap table management and equity reporting to support ongoing compliance and fundraising needs.

Bookworth is a specialized SaaS platform focused on delivering automated 409A valuations for private companies, primarily targeting startups and SMBs. It utilizes standard models like backsolve, OPM, and PWERM to calculate fair market value (FMV) for common stock, generating IRS-compliant reports for equity grants. The tool integrates basic financial inputs from accounting software to streamline the process, though it lacks depth in complex cap table scenarios.

Cake Equity is a comprehensive equity management platform that automates cap table management, fundraising modeling, and 409A valuations for startups. It provides IRC 409A-compliant valuations using the backsolve Option Pricing Method (OPM), integrated directly with your cap table for real-time accuracy. The tool simplifies compliance by generating valuation reports and supporting equity issuances without manual spreadsheets.

Capdesk is a comprehensive equity management platform designed for startups and scale-ups, offering robust cap table management, share issuance, and compliance tools. It provides 409A valuation services through integration with qualified appraisers and automated modeling based on live cap table data, ensuring IRS-compliant fair market value assessments. The software excels in scenario planning and reporting, making it suitable for growing companies tracking equity alongside valuations.

Secfi is a comprehensive equity management platform for startups that includes automated 409A valuation services using backsolve, option pricing, and other IRS-compliant methods. It delivers valuations quickly, often within days, and integrates seamlessly with cap table management and secondary liquidity solutions. Designed primarily for high-growth companies, it simplifies compliance while tying valuations to broader financial strategies like employee liquidity programs.