Pulley
Editor's pickCap table, equity, and 409A platform for founders and finance
4.6From $1,200/yrBest for Venture- and growth-stage companies wanting strong features at published prices
Cap Table 409A Equity Plans
Overview
Pulley is a cap-table and equity-management platform covering ownership tracking, option grants and exercises, fundraise and exit modeling, and 409A valuations. It publishes transparent pricing, was a recommended migration path when AngelList wound down its cap-table product, and integrates with Nasdaq Private Market for company liquidity.
Key features
- Real-time cap table with electronic share certificates
- Option grant management and electronic exercises
- Fundraise, dilution, and exit waterfall modeling
- 409A valuations included on the Growth tier
- Nasdaq Private Market integration for liquidity
Pros
- Transparent published pricing, undercutting Carta at early stages
- Highly rated support and concierge onboarding and migration
- Clean, fast modeling tools for financings and exits
Cons
- Some reviewers report a frustrating subscription cancellation process
- SAFE and note conversion is one-by-one rather than bulk
- Less depth than incumbents for very late-stage needs