Pulley vs LTSE Equity

Your cap table manages the foundation of your company's value - your equity. This page compares two of the top-rated cap table platforms — Pulley and LTSE Equity (formerly Captable.io) — to help you choose the platform that’s right for you.

Ready to see a demo? Talk to our cap table experts.

If you have a growing team, chances are you’ll quickly outgrow LTSE Equity. Pulley grows with your needs, providing an easy to update cap table where everyone can see and manage your company's equity.

LTSE Equity is owned by LTSE, with the primary goal of building a stock exchange for public companies. Cap table management is one of many useful, basic tools launched by LTSE to target startups. At Pulley, our team is focused on building a great cap table experience for startups. We devote all of our efforts to building a platform that makes it easier to manage your cap table.

Why choose Pulley over LTSE Equity?

Pulley

LTSE Equity

Onboarding

Fast and accurate onboardings. Concierge onboarding for all plans. Automated AI to read your documents to onboard faster and more accurately.

We onboard most companies in 7-10 days.

No board approval required for onboarding - you do not need to re-issue previously issued options and SAFEs to investors.

Onboarding costs up to $1500.

Ask your sales rep how long it will take to onboard.

83(b) elections

83(b) workflows approved by accountants. Admins can track 83(b) elections.

83(b) election forms and dates are set to the date of funding receipt for proper accounting.

No tracking for 83(b) Elections.

83(b) election forms set to date of exercise submission for more complex accounting.

Option grants

Generate signed, legally binding option grants with all material terms for diligence.

Requires modification of option grants to say "as referenced on LTSE Equity".

409A valuations

Audit-ready valuations. 5 day response times. Unaffiliated, third-party provider.

Direct access to your auditor for support and questions.

Valuations take fifteen business days or longer with a huge backlog.

Limited communication with an auditor to answer your questions.

Reporting

Comprehensive reports that display all cap table data but also summarize each element of your equity plan and cap table in separate line items for easy analysis.

A large variety of reports. Cap table data may require manual calculations to get the information you need, such as how many options have been exercised in your stock plan.

Fundraising modeling

Most advanced fundraising modeling:

✔️ Exportable pro-forma in Excel for your legal team
✔️ Support for pro-rata and YC's participation rights
✔️ Detailed ownership percentages for all stakeholders
✔️ Accurate conversion for pre-money SAFEs

See how this works.

Limited functionality.
Grouped ownership percentages.
No support for pro-rata and YC's participation rights.
No support for multiple-founder teams.

Scaling features

Pulley is engineered to handle complex cap tables with features including:

• Stock splits that process instantly
• Vesting support for milestone and time based vesting
• Spousal agreements for grants
• 409A valuations for cryptocurrency startups

Complex cap table situations may take longer to process. Stock splits take up to one month to process. Vesting for milestone and time based vesting requires separate grant agreements.

Customer support

Phone and email support are included in all plans. Our average support time is less than five minutes.

We have a team of experts - founders and lawyers - to answer your questions.

Self-help. Longer response times.

Pricing

The estimated cost for your first year for a team of 40 is $3,500.

Unclear - ask your sales rep.

 

Pulley offers more for the price.

  • Pricing that scales

    Invite as many admins are you need to manage your cap table. We charge only a fixed price per stakeholder.

  • Payroll Integration

    Pulley integrates with Gusto, ADP, and many of the leading HRIS platforms to make it easier for you to track and manage an employee's total compensation.

  • Advanced Features

    We don't want to nickle and dime you for cap table management. Scenario modeling, form 3921, and much more are included. Ask other cap table providers if they include the same.

    Book a Demo

Migrate from LTSE in one simple step.

Talk with one of our equity experts and they’ll take care of the rest.