Ledgy vs Qapita
A side-by-side comparison of Ledgy and Qapita — two options for cap table & equity. Pricing, features, and honest pros and cons.
Category
Cap Table & Equity
Fund Admin & Back Office
Rating
4.4 / 5
4.3 / 5
Pricing
Free tier / Custom
Tiered / Custom
Best for
European portfolio companies and their investors
Funds and startups operating across India and SEA
Key features
- Cap table management for European entities
- ESOP and VSOP scheme administration
- Multi-jurisdiction legal and tax compliance
- Employee equity dashboards
- Scenario and exit modeling
- Cap table and ESOP administration
- Independent valuations (409A, ASC 820)
- Fund administration with capital calls and LP management
- Tender offers and employee liquidity programs
- Compliance coverage across 60+ countries
Pros
- Handles European option schemes US tools fumble
- Free tier for early portfolio companies
- Strong employee-facing equity experience
- Deep India and Southeast Asia regulatory fluency
- Covers both company-side equity and fund-side admin
- Strong footprint — 500,000+ stakeholders managed
Cons
- Less useful for pure US-Delaware portfolios
- Investor-side features thinner than company-side
- Thinner brand presence in US and Europe
- Breadth means some modules are deeper than others