Astrella vs Carta
A side-by-side comparison of Astrella and Carta — two options for cap table & equity management. Pricing, features, and honest pros and cons.
Category
Cap Table & Equity Management
Cap Table & Equity Management
Rating
3.9 / 5
4.2 / 5
Pricing
Enterprise / Custom
From $$$
Best for
Later-stage private companies wanting registry-grade records and an IPO path
Startups and their VC/growth investors
Key features
- Fully diluted cap table with real-time updates
- Employee stock plan administration
- Waterfall and exit scenario analysis
- 409A valuation services
- Path to EQ transfer-agent and registry services pre-IPO
- Cap-table management
- 409A valuations
- Equity and option administration
- Fund administration
- Investor and portfolio insights
Pros
- Backed by EQ's decades of share-registration infrastructure
- Strong waterfall and audit-ready reporting
- Natural continuity from private cap table to public registry
- Standard-setting cap-table platform
- Combines company and investor tooling
- Strong equity administration
Cons
- Far less startup mindshare and community than Carta or Pulley
- Smaller integration ecosystem; UI feels more corporate than modern SaaS
- Pricing scales quickly with growth
- Fund admin has faced service-quality criticism