Carta vs SeedLegals
A side-by-side comparison of Carta and SeedLegals — two options for cap table & equity. Pricing, features, and honest pros and cons.
Category
Cap Table & Equity
Cap Table & Equity
Rating
4.5 / 5
4.6 / 5
Pricing
Custom / Tiered
From ~£49/mo
Best for
GPs standardizing equity records and fund admin in one place
UK and European early-stage companies and their investors
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
- Automated funding round documents with term negotiation
- SeedFAST advance subscriptions and SeedNOTE convertibles
- SEIS/EIS advance assurance and compliance filings
- EMI option scheme setup and management
- Live cap table with scenario modeling
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
- Order-of-magnitude cheaper than law-firm-led early rounds
- UK tax-scheme workflows (SEIS/EIS/EMI) are genuinely best-in-class
- Standardized documents speed up investor review
Cons
- Pricing has climbed steadily with market position
- Support quality varies with plan tier
- UK/Europe-centric — limited value for US-only portfolios
- Complex, heavily negotiated later rounds still need real counsel