Free Cap Table Software
Which cap table and equity management tools a startup can use for free today, how many stakeholders or how much funding the free plan covers, what it includes, whether a card is needed and what the first paid plan costs, read from each tool's own page.
Free allowances read on each provider's own pages, all checked on or after . Cap table tools change their free plans and limits from time to time: confirm the terms on the tool's page before you move your cap table there.
Cap table tools a startup can use for free today include Carta Launch (Free for up to 25 stakeholders), Astrella (Free trial of the platform), Eqvista (Completely free cap table), Cake Equity (Free for up to 5 stakeholders), and Fidelity Private Shares (Free Launch plan). Each of the 8 free plans below links to the tool's page that states it, with its main limit, what the free plan includes, whether a card is needed and what the first paid plan costs.
A cap table records who owns what: founders, early employees with options, angels on SAFEs. A spreadsheet holds up until the first round or the first option grant; then a cap table tool keeps it right, and several have a free plan for an early company.
The headline rarely tells you how far it goes. A free plan can stop at 5, 20 or 25 stakeholders, end once you raise $1M, or leave out 409A valuations and e-signed grants. Each tool below shows what is free, its main limit, what the free plan includes, whether a card is needed and what the first paid plan costs, quoted from the tool's own page with the date we read it.
Which tools we picked and the order they appear in are our editorial choices; the terms are the tools'. Some of these tools pay us a referral commission when someone signs up through our link: those links are labeled, and they play no part in which tools are listed or where.
Cap table tools with a free plan
Cap table and equity tools that stay free until you outgrow a limit.
- 1
Carta Launch
US startups under 25 stakeholders and $1M raised
Carta Launch is free for up to 25 stakeholders and $1M raised, and includes SAFE fundraising and closings. Its free plan is capped by those two limits.
- 2
Eqvista
Early companies with fewer than 20 stakeholders
Eqvista's Freemium Cap Table is completely free with no credit card required for under 20 stakeholders, and covers cap table and ESOP management. Its paid Premium plan is $2 per stakeholder a month.
- Payment card
- No credit card required (source: eqvista.com)
- First paid plan
- Premium: $2 per stakeholder a month (source: eqvista.com)
- 3
Cake Equity
Pre-seed companies with up to 5 stakeholders
Cake's free plan covers cap table, stock options and SAFE notes for up to 5 stakeholders, with no credit card required. Its Build plan is $1000 a year for 25 stakeholders.
- Payment card
- No credit card required (source: cakeequity.com)
Start free at Cake EquityTerms read on cakeequity.com on Cake Equity: the free allowance and how to start - 4
Fidelity Private Shares
Startups under 25 stakeholders and $1M raised
Fidelity Private Shares' Launch plan is free for up to 25 stakeholders and less than $1M raised. It includes cap table management, equity plan generation, a data room and board consents.
Start free at Fidelity Private SharesTerms read on fidelityprivateshares.com on Fidelity Private Shares: the free allowance and how to start - 5
Vestd
UK companies with a Companies House record
Vestd's Free Plan gives a digital cap table connected to Companies House, with share scheme design for employees. It is built for UK companies.
- 6
Ledgy
Companies that want equity plans and grants automated
Ledgy's Launch plan is free, with multi-entry cap table management and equity plans and grants. The page cites a free plan for up to 25 stakeholders and a Launch limit of 50.
- 7
Qapita
Early-stage companies under 25 stakeholders
Qapita's Spark plan is free for up to 25 stakeholders and less than $1M in funding raised. The next plan, Surge, is US$1,600 a year.
- What's free
- Free Spark plan (source: qapita.com)
- First paid plan
- Surge: US$1,600 a year, 40 stakeholders (source: qapita.com)
Equity management platforms with a free trial
Fuller equity platforms that start with a free trial.
- 1
Astrella
Companies ready to commit to a multi-year plan
Astrella offers a free trial of its platform, and a two- or three-year plan grants up to a year of free access. Its plan for 0-25 stakeholders is $1,200 per year.
- First paid plan
- 0-25 stakeholders: $1,200 a year (source: astrella.com)
Also useful for fundraising
Referral links, picked for fit and ordered by fit (70%) and what a signup earns us (30%), at no cost to you. They never change this page's ranking.
Compare the top options
How this comparison is built
The list covers cap table and equity management tools a founder can use for free today without applying to a program. The order and the "best for" notes are our editorial reading of each tool's terms. Every term comes from the tool's own pricing or help page on the date shown, never from a third-party list; follow each link for the full conditions. A cap on stakeholders or funding raised, or 409A valuations kept for paid plans, can matter more than the headline, so the comparison quotes them wherever the tool states them. Some of these tools pay StartupPerks a referral commission, and their links are labeled as referral links; that decides neither whether nor where a tool appears, and no tool pays for a placement on this page.
Read the full methodologyCommon questions
What is the best free cap table software?
It depends on your stakeholders and how much you have raised. By the terms each tool states, Carta Launch, Fidelity Private Shares and Qapita's Spark plan are free for up to 25 stakeholders while you have raised under $1M, Eqvista is free under 20 stakeholders, Ledgy's free plan covers up to 25 stakeholders and Cake Equity's up to 5.
Is Carta free?
Carta Launch is free for up to 25 stakeholders and $1M raised, and covers the cap table and SAFE fundraising. Carta's paid plans are priced through its sales team.
Is Pulley still available?
Pulley's pricing page says Pulley is shutting down on 12/8/26, so it is not in this comparison.
Is there a free cap table tool for UK companies?
Vestd has a free plan with a digital cap table and share scheme tools for UK companies, set up through Companies House.
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