Capboard
European equity management with a generous free tier
4.0FreemiumBest for European pre-seed to Series A companies formalizing ownership
Cap Table ESOP Europe
Overview
Capboard is a European equity-management platform covering cap tables, funding-round simulations, ESOP administration, investor updates and document generation. Built with Spanish and broader EU company law in mind, it targets founders who want a single source of truth for ownership without US-centric assumptions, and its freemium model makes adoption painless pre-seed. For VCs with Southern European portfolios, it is a pragmatic alternative to forcing every company onto Carta or spreadsheets.
Key features
- Cap table with funding round and exit simulations
- ESOP and phantom-share plan management
- Automated investor updates and reporting
- Document generation and e-signature
- Multi-entity and multi-jurisdiction support
Pros
- Free tier removes the excuse for spreadsheet cap tables
- Handles European instruments (phantom shares) US tools fumble
- Simple enough for founders to self-serve
Cons
- Small team and brand versus category leaders
- Advanced compliance and 409A-equivalent workflows are lighter