Carta vs Clerky
A side-by-side comparison of Carta and Clerky — two options for cap table & equity. Pricing, features, and honest pros and cons.
Category
Cap Table & Equity
Legal & Compliance
Rating
4.5 / 5
4.7 / 5
Pricing
Custom / Tiered
Pay per use
Best for
GPs standardizing equity records and fund admin in one place
Ensuring portfolio and prospective companies have clean, standard paperwork
Key features
- Cap table management and share issuance
- 409A valuations
- Option grants, exercises and employee portals
- Fund administration with LP portal
- Scenario and waterfall modeling
- Delaware incorporation with standard startup-grade documents
- SAFE and convertible note financing paperwork
- Board consents, equity grants, and hiring documents
- Attorney-built templates aligned with market standards
- Clean document records that survive later financing diligence
Pros
- Network effect: your portcos are likely already on it
- Clean investor view of stakes across the portfolio
- Fund admin plus cap table in one vendor relationship
- Documents diligence-ready by default — fewer cleanup costs at Series A
- Trusted default across the YC and startup-lawyer ecosystem
- Far cheaper than bespoke counsel for standardized paperwork
Cons
- Pricing has climbed steadily with market position
- Support quality varies with plan tier
- US/Delaware-centric; not for international structures
- Founder-facing — the fund's role is pointing companies to it, not using it directly