Shareworks vs Pulley

LTSE Equity

Recruiting, networking, and fundraising are often considered the more exciting aspects of running a startup. In contrast, equity management is often perceived as less enjoyable due to its vast complexity and potential to have significant consequences when not handled properly.

Equity management software is often utilized by founders to help in managing equity and mitigate costly errors. However, while it’s an invaluable resource, it's important to note that not all software is created equal, and some may be more suitable for you than others.

Right below, we’ll examine two popular equity management platforms—Shareworks and Pulley— and help you find the ideal solution for your startup.

First things first—what is equity management software?

Equity management software (also called cap table software) helps startups streamline all activities, from managing their equity (e.g. tracking shareholders) to maintaining their cap tables to even ensuring compliance with relevant regulations. 

Shareworks is an example of such software. With their commitment to delivering innovative and powerful solutions, their software helps startups both manage equity and drive workplace productivity. 

Similarly, Pulley also offers an excellent product. With their user-friendly interface, great customer service, and focus on early-stage startups, they’re quickly making a name for themselves amongst leading startups across the country.

Things to consider when choosing equity management software

There are countless viable choices in the market. To help you find the best fit for your needs, consider the following:

Easy to use

Is it easy to use?

Having countless features is great, but a truly valuable solution should also be extremely usable. Ensure that your solution of choice is easy to use, navigate, and learn about.

Scale and grow your startup

Will it scale with your startup’s growth?

Startups are constantly evolving, so it's crucial that your software can scale alongside your growth all the way from seed to series and beyond.

Provide support when you encounter issues

Will there be support for you when you encounter issues?

Given the complexity of equity management, it's crucial to choose software that provides professional support. This will help you resolve issues and avoid pitfalls.

Independent professionals advisors available

Does it come with independent professional advisors?

Appraisals often require the expertise of independent third-party professionals. To minimize risk, cost, and confusion, select software that has already partnered with such providers.

Fit reporting and compliance needs

Will it address your reporting and compliance needs?

A reputable equity management software places a high priority on compliance, ensuring adherence to regulatory requirements from Form 3921 readiness to Rule 701 analysis.

Scenario modeling

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.

Hungry for more equity management software tips? Click here to learn more!

Shareworks vs Pulley

TL;DR?

  • Onboarding: With Pulley’s transparent onboarding process, startups can better plan for the future.
  • 409A valuations: Despite Shareworks conducting 409A valuations internally, they consistently deliver high-quality results.
  • Customer support: Pulley’s customer support team is known to be highly responsive and knowledgeable.
  Shareworks Pulley
Onboarding There is a lack of accessible information online regarding the duration of onboarding. Onboarding may take up to 10 days to fully complete.
Cap Table Health Check Shareworks does not offer cap table health checks. Cap table health checks are not offered by Pulley.
409A Valuation Shareworks conducts 409A valuations internally. Pulley offers annual subscriptions starting at $3,500 per year, which include two valuation reports.
Expert Consultation Shareworks has a dedicated sales team readily available to offer product advice and guidance. Pulley has a highly experienced customer support team, ensuring prompt assistance for users.
Sharing & Data Portability Shareworks’s tables are not easily exportable. Pulley’s cap tables are not easily exportable.

Why LTSE Equity?

LTSE Equity is motivated by one thing only: helping startups achieve their mission. Made by founders for founders, their solution provides a powerful suite of equity management solutions that cater to all startups.

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

  • Swift onboarding: With LTSE Equity, users can choose between concierge and self-service onboarding. This means that within minutes, they can start migrating or building cap tables.
  • Unrestricted cap table health check: LTSE Equity offers annual cap table health checks across all plans.
  • Scenario modeling: LTSE Equity offers powerful scenario modeling capabilities, from visualizing how future fundraising impacts ownership structures to SAFEs convert.

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.

Ready to try LTSE Equity?

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Disclaimer
The information contained above is provided for informational and educational purposes only, and nothing contained herein should be construed as investment advice, either on behalf of a particular security or an overall investment strategy. Information about the company is provided by the company, or comes from the companies’ public filings and is not independently verified by LTSE. Neither LTSE nor any of its affiliates makes any recommendation to buy or sell any security or any representation about the financial condition of any company. Statements regarding LTSE-listed companies are not guarantees of future performance. Actual results may differ materially from those expressed or implied. Past performance is not indicative of future results. Investors should undertake their own due diligence and carefully evaluate companies before investing. Advice from a securities professional is strongly advised.
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