Shareworks vs Carta

One of the toughest aspects of successfully running a startup is properly managing your equity, as not doing it efficiently can make or break startups. Equity management is no easy task, given the range of factors that have to be considered. That's why startups often use equity management software. However, picking a specific solution can be a little tricky, given the abundance of options on the market.

Below, we'll take a look at two highly-rated options, Shareworks and Carta, to help you decide which one better suits your startup's needs.

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First things first—what is equity management software?

Equity management software– also referred to as cap table software– is a powerful tool that helps startups efficiently track, allocate, and manage their equity ownership. This ability ultimately helps startups make better-informed decisions and keeps them on track to achieve their mission.

Shareworks is a popular solution that offers startups a comprehensive dashboard to manage their equity-related activities, ranging from ESOPs to ESPPs, and streamline otherwise lengthy and manual processes.

On the other hand, Carta is a well-established solution used by countless leading startups. While it comes with a premium cost, it’s a powerful solution equipped with a wide range of functionalities and features.

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Things to consider when choosing equity management software

As you browse the many choices available today, keep these questions in mind to help you zero in on your ideal software.

Is it easy to use?

Functionality is only one side of the coin. The other is usability. Ensure your solution of choice is intuitive to use and has a wealth of supporting resources to help guide you every step of the way.

Will it scale with your startup’s growth?

Look for a comprehensive solution that can scale alongside your startup's growth, seamlessly adapting from early-stage seed funding to Series A and beyond.

Will there be support for you when you encounter issues?

Given the complexity of equity management, opt for software that provides professional support to navigate potential challenges.

Does it come with independent professional advisors?

To streamline processes and mitigate risks associated with appraisals like 409A valuations, choose software that has already partnered with independent third-party providers who can provide unbiased expertise.

Will it address your reporting and compliance needs?

Select equity management software that prioritizes compliance. It should proactively notify you of updates and assist in accurately completing your cap table, from Rule 701 analysis to Form 3921 filings.

Does it come with scenario modeling?

Make better decisions when signing and negotiating terms in your fundraising rounds or exit. A good equity management software should help you visualize how your current or upcoming convertible notes and SAFEs convert in scenario modeling.

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Shareworks vs Carta

TL;DR?

• Cap table health check: Though not available to all users, Carta offers thorough cap table health checkups for select clients.
• Expert consultation: Shareworks’s highly trained sales team can help users overcome any issue encountered.
• Education: Carta’s large arsenal of resources such as reports, webinars, and blogs, is a fantastic complement for any startup.

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Why LTSE Equity?

Designed for founders by founders, LTSE Equity leverages extensive real-life experience and expertise from industry leaders like Eric Ries to create a powerful equity management solution.

TL;DR? LTSE Equity could be the one for you if you’re keeping an eye out for: 

• Streamlined onboarding: LTSE Equity provides swift onboarding, allowing users to migrate or create cap tables in a matter of minutes either via concierge or self-service.
• Cap table health checks: LTSE Equity offers annual cap table health checks across all plans, ensuring the accuracy and integrity of your cap table.
• Flexible pricing: LTSE Equity offers three founder-friendly plans that cater to a wide range of needs, ensuring transparent pricing that is affordable and accessible.

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LTSE Equity FAQs

What makes LTSE Equity different from other platforms?

LTSE Equity is created by founders, for founders. Our full suite of equity management features reflects our real-life experience and insights, empowering your startup to prosper and endure.

How much does LTSE Equity cost?

Our pricing is strictly founder-friendly and scales as you grow. Our plans are also completely transparent, with no hidden costs or surprise price hikes.

Does LTSE Equity provide a free trial or demo?

Yes! Dive into our full-featured demo now and discover every benefit LTSE Equity has to offer—no sign-ups required.

How can I switch to LTSE Equity?

Simply send us your current spreadsheet or cap table, and we’ll get your details onboarded within a week.

How can I ask more questions about LTSE Equity?

Not sure which plan to choose? Looking for a live demo? Schedule a call with our team now.