Carta vs SimpleClosure
A side-by-side comparison of Carta and SimpleClosure — two options for cap table & equity. Pricing, features, and honest pros and cons.
Category
Cap Table & Equity
Legal & Compliance
Rating
4.5 / 5
4.3 / 5
Pricing
Custom / Tiered
Custom
Best for
GPs standardizing equity records and fund admin in one place
GPs and founders winding down companies without leaving loose ends
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 state and federal dissolution filings
- Investor and creditor notification workflows
- Final tax filings and K-1 coordination
- Remaining-capital distribution to shareholders
- Records preservation for post-dissolution obligations
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
- Turns a months-long legal slog into a guided, tracked process
- Clean shutdowns protect founders and return residual capital to funds
- Far cheaper than running a dissolution through outside counsel
Cons
- Pricing has climbed steadily with market position
- Support quality varies with plan tier
- Young company with an evolving product
- Complex situations (litigation, foreign subsidiaries) still need counsel