LTSE Equity vs Pulley
A side-by-side comparison of LTSE Equity and Pulley — two options for cap table & equity. Pricing, features, and honest pros and cons.
Category
Cap Table & Equity
Cap Table & Equity
Rating
4.1 / 5
4.4 / 5
Pricing
Self-serve tiers
From ~$100/mo
Best for
Seed-stage portcos keeping clean records cheaply
Early-stage portcos wanting speed over incumbency
Key features
- Cap table management and share ledger
- Round and dilution scenario modeling
- SAFE and convertible tracking
- Waterfall and exit analysis
- Board and stakeholder document storage
- Cap table and SAFE management
- Option grants and employee equity portal
- 409A valuations
- Round and dilution scenario modeling
- Pro-forma cap tables for fundraising
Pros
- Honest pricing for early-stage reality
- Simple enough for founders to keep accurate themselves
- Backed by an SEC-registered exchange operator
- Quick onboarding and responsive support
- Strong SAFE-native modeling for early-stage rounds
- Cheaper than the incumbent at comparable stages
Cons
- No 409A or fund-side products in the core offering
- Lighter automation than premium platforms
- Ecosystem and integrations trail Carta's
- No fund-side products — company cap tables only