Cap table software landscape (April 2026)

CapTableFree is unlimited free cap table management: you can sign up, load data, model rounds, add users, and share reports without a sales-led onboarding or paid seat tiers. We do not perform 409A valuations; we help you keep records organized so they are 409A valuation-ready for an appraiser.

Core vendors founders compare

These are widely referenced cap table and equity administration platforms (verify current pricing and regions on each site):

• Qapita — qapita.com/equity-management/captable · CapTableFree vs Qapita
• Eqvista — eqvista.com/services/cap-table · CapTableFree vs Eqvista
• Carta (Launch) — carta.com/equity-management/launch · CapTableFree vs Carta
• Capboard — capboard.io · CapTableFree vs Capboard
• Cake Equity — cakeequity.com/features/cap-table · CapTableFree vs Cake Equity
• Pulley — pulley.com/products/cap-table-management · CapTableFree vs Pulley

Additional platforms to shortlist

• Ledgy — European-focused equity operations; comparison
• EquityList — emerging-market equity admin; comparison
• Mantle — lightweight cap table tooling; comparison
• CapyTable — spreadsheet-style workflows; comparison
• Taabl — founder-focused SAFE and note tracking; comparison
• Astrella (EQ) — enterprise equity administration positioning; see vendor site for current modules.

How to evaluate self-serve readiness

1. Time-to-value: can you create a company, invite admins, and import grants without a services project plan?
2. Data portability: exports for counsel, investors, and valuation providers.
3. Seat economics: per-administrator or per-stakeholder fees compound as you scale.
4. 409A scope: bundled appraisals can be convenient, but they are not the same product category as cap table truth. CapTableFree stays in the records layer and does not sell appraisals.

For a deeper primer on compliance context, read 409A valuations and your cap table.