Quick Overview
- 1#1: Carta - Carta is a comprehensive platform for cap table management, equity compensation administration, valuations, and employee equity portals.
- 2#2: Shareworks - Shareworks provides full-service equity compensation management including grants, vesting, exercises, and global compliance.
- 3#3: Pulley - Pulley offers simple, affordable equity management with cap table automation and scenario modeling for startups.
- 4#4: Ledgy - Ledgy delivers end-to-end equity plan management with employee self-service portals and international compliance.
- 5#5: Global Shares - Global Shares manages multinational equity compensation plans with administration, reporting, and tax compliance.
- 6#6: EquityEffect - EquityEffect streamlines equity grants, vesting schedules, and employee communications for private companies.
- 7#7: Capdesk - Capdesk handles cap table tracking, equity issuances, and incentive plans primarily for European companies.
- 8#8: Vestd - Vestd facilitates employee share schemes, EMI options, and equity management for UK-based businesses.
- 9#9: Sydecar - Sydecar provides equity management and fund administration for VC syndicates and startup investors.
- 10#10: Booke - Booke uses AI for automated cap table management, equity simulations, and compensation planning.
Tools were chosen based on robust functionality, user experience, reliability, and value, ensuring they excel in key areas like administration, equity simulations, and cross-border compliance.
Comparison Table
Equity compensation software simplifies managing stock options, RSUs, and grants for companies and employees, with tools like Carta, Shareworks, Pulley, Ledgy, Global Shares, and more. This comparison table outlines key features, usability, and pricing to help readers identify the most suitable tool for their organization's unique needs.
| # | Tool | Category | Overall | Features | Ease of Use | Value |
|---|---|---|---|---|---|---|
| 1 | Carta Carta is a comprehensive platform for cap table management, equity compensation administration, valuations, and employee equity portals. | enterprise | 9.5/10 | 9.8/10 | 8.7/10 | 9.2/10 |
| 2 | Shareworks Shareworks provides full-service equity compensation management including grants, vesting, exercises, and global compliance. | enterprise | 9.1/10 | 9.6/10 | 8.2/10 | 8.7/10 |
| 3 | Pulley Pulley offers simple, affordable equity management with cap table automation and scenario modeling for startups. | specialized | 9.1/10 | 8.9/10 | 9.5/10 | 9.3/10 |
| 4 | Ledgy Ledgy delivers end-to-end equity plan management with employee self-service portals and international compliance. | enterprise | 8.8/10 | 9.2/10 | 8.7/10 | 8.3/10 |
| 5 | Global Shares Global Shares manages multinational equity compensation plans with administration, reporting, and tax compliance. | enterprise | 8.2/10 | 8.7/10 | 7.6/10 | 7.9/10 |
| 6 | EquityEffect EquityEffect streamlines equity grants, vesting schedules, and employee communications for private companies. | specialized | 7.8/10 | 8.0/10 | 7.9/10 | 7.7/10 |
| 7 | Capdesk Capdesk handles cap table tracking, equity issuances, and incentive plans primarily for European companies. | specialized | 7.8/10 | 7.9/10 | 8.2/10 | 7.4/10 |
| 8 | Vestd Vestd facilitates employee share schemes, EMI options, and equity management for UK-based businesses. | specialized | 8.1/10 | 8.5/10 | 8.0/10 | 7.6/10 |
| 9 | Sydecar Sydecar provides equity management and fund administration for VC syndicates and startup investors. | enterprise | 7.6/10 | 7.2/10 | 8.1/10 | 7.3/10 |
| 10 | Booke Booke uses AI for automated cap table management, equity simulations, and compensation planning. | specialized | 4.8/10 | 3.2/10 | 8.1/10 | 5.5/10 |
Carta is a comprehensive platform for cap table management, equity compensation administration, valuations, and employee equity portals.
Shareworks provides full-service equity compensation management including grants, vesting, exercises, and global compliance.
Pulley offers simple, affordable equity management with cap table automation and scenario modeling for startups.
Ledgy delivers end-to-end equity plan management with employee self-service portals and international compliance.
Global Shares manages multinational equity compensation plans with administration, reporting, and tax compliance.
EquityEffect streamlines equity grants, vesting schedules, and employee communications for private companies.
Capdesk handles cap table tracking, equity issuances, and incentive plans primarily for European companies.
Vestd facilitates employee share schemes, EMI options, and equity management for UK-based businesses.
Sydecar provides equity management and fund administration for VC syndicates and startup investors.
Booke uses AI for automated cap table management, equity simulations, and compensation planning.
Carta
enterpriseCarta is a comprehensive platform for cap table management, equity compensation administration, valuations, and employee equity portals.
Automated 409A valuations with bi-annual updates and defensible pricing models integrated directly into cap table management
Carta is a leading equity management platform that provides end-to-end solutions for cap table management, equity compensation administration, and ownership tracking. It enables companies to issue stock options, RSUs, and other equity instruments, automate 409A valuations, and handle secondary transactions seamlessly. Carta also offers compliance tools, investor portals, and detailed reporting to support growing businesses in maintaining accurate equity records.
Pros
- Comprehensive cap table management with real-time updates and scenario modeling
- Integrated 409A valuations and compliance automation
- Scalable platform supporting startups through enterprises with investor and employee portals
Cons
- Steep learning curve for advanced features
- Premium pricing may be prohibitive for very early-stage companies
- Occasional delays in customer support during peak times
Best For
Startups and scaling companies with complex equity structures needing robust compliance and investor management tools.
Pricing
Custom enterprise pricing, typically starting at $10,000+ annually based on company size, shares outstanding, and features selected.
Shareworks
enterpriseShareworks provides full-service equity compensation management including grants, vesting, exercises, and global compliance.
End-to-end integration with Morgan Stanley's brokerage for seamless option exercises and stock transactions
Shareworks by Morgan Stanley is a comprehensive equity compensation management platform that helps companies administer stock plans, including RSUs, options, and ESPPs, while maintaining accurate cap tables. It provides employee self-service portals for viewing grants, vesting schedules, and exercising options, along with robust reporting and compliance tools. The software supports global plans and integrates seamlessly with HRIS, payroll, and brokerage systems for streamlined operations.
Pros
- Advanced cap table management and scenario modeling
- Strong global compliance and tax reporting capabilities
- Deep integrations with Morgan Stanley brokerage services
Cons
- High cost suitable only for larger enterprises
- Steep learning curve and complex setup process
- Limited flexibility for highly customized plans
Best For
Mid-to-large enterprises with complex, international equity compensation programs requiring enterprise-grade administration.
Pricing
Custom enterprise pricing, typically starting at $50,000+ annually depending on company size, users, and plan complexity.
Pulley
specializedPulley offers simple, affordable equity management with cap table automation and scenario modeling for startups.
Unlimited, real-time cap table scenario modeling with drag-and-drop interface
Pulley is a user-friendly equity management platform tailored for startups and scale-ups, offering cap table management, equity issuance, and stakeholder portals. It simplifies 409A valuations, scenario modeling, and compliance reporting, allowing teams to track ownership in real-time without spreadsheets. The software integrates with payroll providers and supports electronic grant agreements for efficient equity compensation administration.
Pros
- Intuitive interface with quick setup and minimal training required
- Affordable pricing with a free tier for early-stage companies
- Real-time scenario modeling for fundraising and dilution analysis
Cons
- Limited advanced enterprise features compared to Carta
- Reporting customization could be more robust for complex needs
- Less extensive international tax compliance support
Best For
Early- to mid-stage startups seeking simple, cost-effective equity management without enterprise complexity.
Pricing
Free for up to 25 stakeholders; paid tiers start at $200/month (Launch), $1,000/month (Growth), and custom Enterprise pricing.
Ledgy
enterpriseLedgy delivers end-to-end equity plan management with employee self-service portals and international compliance.
Global compliance engine supporting equity plans in 100+ countries with automated tax and regulatory reporting
Ledgy is a comprehensive equity management platform designed for startups and scaling companies to handle cap table management, equity plan administration, and employee stock option (ESOP) tracking. It offers real-time collaboration on cap tables, scenario modeling for fundraising and exits, and automated compliance reporting across multiple jurisdictions. The platform also includes an employee portal and mobile app for self-service grant management and vesting schedules.
Pros
- Robust international compliance and multi-currency support
- Real-time cap table modeling and scenario planning
- Intuitive employee self-service portal and mobile app
Cons
- Pricing is quote-based and can be steep for very early-stage startups
- Smaller integration ecosystem compared to US-focused competitors like Carta
- Limited free tier scalability for growing teams
Best For
Scaling startups and mid-sized companies with international teams needing advanced equity compensation administration.
Pricing
Custom quote-based pricing; Free plan for up to 25 stakeholders, Growth plans start at ~€600/month, Enterprise custom.
Global Shares
enterpriseGlobal Shares manages multinational equity compensation plans with administration, reporting, and tax compliance.
Built-in transfer agent services for seamless stock issuance and management without external vendors
Global Shares is a comprehensive cloud-based platform designed for equity compensation management, enabling companies to administer stock plans, manage cap tables, and handle employee equity grants efficiently. It supports complex equity instruments like RSUs, options, and ESPPs, with features for vesting tracking, exercise management, and compliance reporting. The software caters to both private and public companies, offering employee self-service portals and integrations with HRIS and brokerage systems.
Pros
- Robust cap table management and scenario modeling
- Strong global compliance and tax reporting tools
- Integrated employee portal for self-service transactions
Cons
- Steep learning curve for non-expert users
- Custom pricing can be expensive for smaller firms
- UI feels dated compared to newer competitors
Best For
Mid-to-large enterprises with complex, international equity compensation programs needing full-service administration.
Pricing
Custom enterprise pricing via quote; typically starts at $50K+ annually based on company size, users, and plan complexity.
EquityEffect
specializedEquityEffect streamlines equity grants, vesting schedules, and employee communications for private companies.
Built-in collaborative equity scenario planner for 'what-if' modeling of grants and dilutions
EquityEffect is a cloud-based equity compensation management platform tailored for private companies, offering cap table management, automated grant issuance, and compliance tracking. It simplifies equity plan administration, including RSU and option tracking, scenario modeling, and 409A valuation support. The tool integrates with HRIS systems to streamline employee equity education and reporting for better transparency.
Pros
- Accurate real-time cap table management with scenario modeling
- User-friendly interface for non-finance teams
- Cost-effective for startups with essential compliance tools
Cons
- Limited advanced analytics compared to top competitors
- Fewer native integrations with payroll/HR systems
- Customer support response times can vary
Best For
Growing startups and mid-sized private companies seeking reliable, affordable equity management without enterprise-level complexity.
Pricing
Starts at $499/month for basic plans (up to 50 stakeholders), scaling to custom enterprise pricing based on company size and features.
Capdesk
specializedCapdesk handles cap table tracking, equity issuances, and incentive plans primarily for European companies.
Real-time investor portal with secure, live cap table access and document sharing
Capdesk is a cap table management and equity compensation platform designed for startups and scale-ups to handle equity issuance, vesting schedules, and investor reporting. It offers real-time cap table updates, scenario modeling, and ESOP administration in a compliant manner, particularly strong for European regulations. The software integrates equity data with HR and finance tools, providing a centralized view for founders, employees, and investors.
Pros
- Intuitive interface with real-time collaboration
- Strong compliance and audit trails for EU markets
- Accurate scenario modeling for fundraising prep
Cons
- Pricing is quote-based and can be costly for early-stage startups
- Limited integrations compared to US-centric competitors like Carta
- Less emphasis on advanced portfolio company management
Best For
European startups and mid-sized companies scaling equity plans with a need for compliant, user-friendly cap table management.
Pricing
Custom quote-based pricing, typically starting at €800-€1,500/month depending on company size and features.
Vestd
specializedVestd facilitates employee share schemes, EMI options, and equity management for UK-based businesses.
Automated EMI scheme management with direct HMRC e-filing and compliance checks
Vestd is an equity management platform tailored for UK startups and scale-ups, specializing in cap table management, employee stock option plans (ESOPs), and compliance with HMRC regulations like EMI schemes. It enables real-time tracking of shareholdings, vesting schedules, valuations, and scenario modeling for fundraising or exits. The software automates equity issuances, transfers, and reporting, reducing administrative burden for growing companies.
Pros
- Strong UK-specific compliance tools for EMI and SEIS/EIS schemes
- Accurate real-time cap table and valuation modeling
- Dedicated expert support and onboarding
Cons
- Primarily UK/EU-focused, limited for US/global compliance
- Quote-based pricing can be expensive for early-stage startups
- Fewer integrations compared to US-centric competitors like Carta
Best For
UK-based startups and mid-stage companies needing compliant equity management for employee incentives.
Pricing
Custom quote-based pricing, typically starting at £500-£1,000/month based on company size and equity volume.
Sydecar
enterpriseSydecar provides equity management and fund administration for VC syndicates and startup investors.
One-click SPV formation with pre-approved legal docs and integrated capital accounts
Sydecar is a specialized platform designed for managing venture capital syndicates and special purpose vehicles (SPVs), automating fund formation, investor onboarding, and administration. It streamlines equity management for early-stage investments by handling legal documents, compliance, banking, and reporting. While strong in syndicate operations, it offers limited tools for traditional employee equity compensation like stock options or cap tables.
Pros
- Rapid SPV creation with automated legal and banking integration
- Comprehensive investor management and compliance tools
- Efficient fund administration and tax reporting
Cons
- Narrow focus on syndicates rather than broad employee equity comp
- Custom pricing can be expensive for small-scale users
- Fewer integrations with HR or cap table software
Best For
Venture capitalists, syndicate leads, and fund managers handling multiple SPV investments in startups.
Pricing
Custom pricing based on AUM and SPV volume; typically starts at $10,000+ annually with transaction fees.
Booke
specializedBooke uses AI for automated cap table management, equity simulations, and compensation planning.
AI-powered transaction categorization that accurately handles routine financial entries, including some equity payroll expenses
Booke.ai is an AI-powered bookkeeping platform designed to automate transaction categorization, bank reconciliations, and financial reporting for small businesses. While primarily focused on general accounting, it can indirectly support equity compensation through basic expense tracking and payroll integration, but lacks specialized tools for cap table management or stock option administration. It integrates with platforms like QuickBooks and Xero, positioning it as a generalist tool rather than a dedicated equity compensation solution.
Pros
- AI-driven automation speeds up general bookkeeping tasks
- Easy integration with major accounting software like QuickBooks and Xero
- Intuitive interface suitable for non-accountants
Cons
- No dedicated features for equity management like cap tables or 409A valuations
- Limited customization for stock options, RSUs, or grant tracking
- Not tailored for complex equity compensation compliance needs
Best For
Small startups needing basic bookkeeping automation with incidental equity-related expense tracking.
Pricing
Starts at $49/month for up to 100 transactions, scaling to $199+/month for higher volumes; free trial available.
Conclusion
Equity compensation software varies widely to meet distinct needs, from comprehensive management to startup affordability. Leading the pack, Carta excels as the top choice with its robust integration of cap table management, valuations, and employee portals. Close behind, Shareworks impresses with full-service grants and global compliance, while Pulley stands out for simple, affordable automation tailored for early-stage teams.
For those prioritizing efficiency, Carta’s holistic features make it a standout—explore it to streamline your equity administration needs.
Tools Reviewed
All tools were independently evaluated for this comparison