Carta vs Nth Round
A side-by-side comparison of Carta and Nth Round — two options for cap table & equity. Pricing, features, and honest pros and cons.
Category
Cap Table & Equity
Cap Table & Equity
Rating
4.5 / 5
4.1 / 5
Pricing
Custom / Tiered
Custom / Contact sales
Best for
GPs standardizing equity records and fund admin in one place
Family enterprises and holdcos with long shareholder registers
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
- Cap table with digital stock certificates and cost basis tracking
- Shareholder portal with K-1 and 1099 distribution
- Proxy voting and e-signature workflows
- Structured buy/sell liquidity windows
- Shareholder CRM and communications tools
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
- Purpose-built for complex, multi-generational ownership
- Liquidity-window tooling few cap table vendors offer
- High-touch onboarding and support
Cons
- Pricing has climbed steadily with market position
- Support quality varies with plan tier
- Not aimed at standard venture option-pool workflows
- Smaller vendor without a large integration ecosystem