Ledgy: Equity Management
Legal & Formation Verified May 2026
Ledgy keeps your cap table, ESOP, and equity scenarios in one auditable platform so founders, finance teams, and employees all see the same numbers.
- Single source of truth
- Employees actually get it
- Built for European complexity
- Serious scenario modeling
How Ledgy: Equity Management scored 49/100
6 weighted criteria, each scored out of 10 and published with its reasoning. Featured placements never move a score.
Deal Strength
3.0 /10Ledgy's listing gets you quoted pricing plus a demo or trial, with no coupon, no credits and no verified price cut. The link is access to a sales conversation, so on its own it saves you nothing.
Value for Money
5.0 /10Pricing is quote-only, with growth-stage deployments starting in the low three figures per month and scaling by stakeholder and entity count. That sits level with Carta, Cake Equity and Vestd, though you pay a premium for European tax depth you may not need.
Capability
8.0 /10Ledgy handles country-specific equity tax rules (VSOPs, EMI, BSPCE, SAR), cap-table operations, round modelling, SAFE/CLN conversions, secondaries, ESOP grants, employee portals, board-ready reporting, exit-waterfall modelling, accounting integrations, multi-entity views and AI-assisted grant drafting. European tax depth is its strongest area.
Time to Value
5.0 /10You import or build the cap table, add stakeholders and configure share classes, and because pricing is quoted rather than self-serve you start with a demo. Plan on days of configuration and onboarding before the numbers are dependable.
Trust & Reliability
5.0 /10Revolut and Personio appear among the customer logos on Ledgy's site, and the Swiss-headquartered platform is a default in European venture circles. It publishes no uptime SLA, support terms or independent review counts, so sentiment from its own site is all you have to go on.
Flexibility & Exit
3.0 /10Pricing is quoted rather than published, which in practice means a custom contract and, most likely, an annual commitment. Ledgy documents no cancellation terms or export path, so get both in writing before you move your equity records in.
About Ledgy: Equity Management
Quick answer
Ledgy is an equity and cap table management platform built for startups and scale-ups in Europe and beyond. It replaces fragile spreadsheets with a single source of truth for shares, options, and funding rounds, and gives employees a clean portal to view their equity. Pricing is annual and quote-based, typically starting in the low thousands of euros for early-stage companies.
What is Ledgy?
Ledgy is an equity management platform that centralizes everything related to who owns what in your company. It tracks shares, share classes, convertibles, vesting schedules, and option pools, and keeps a full audit trail every time the cap table changes. Founded in Switzerland, it has become a popular choice for European venture-backed companies that want a tool built for local legal structures and multi-currency, multi-entity setups.
Beyond the core cap table, Ledgy handles employee stock option plan (ESOP) administration and gives each employee a personalized portal where they can see grants, vesting progress, and the current estimated value of their equity. That transparency is a genuine retention tool, because equity only motivates people who understand it. Finance and HR teams use Ledgy to run funding-round scenarios, model dilution, and produce reports that investors and auditors expect.
Key features
Living cap table
An always-current ownership ledger with share classes, convertibles, SAFEs, and a complete audit history of every transaction.
ESOP administration
Issue, vest, and track stock options at scale, with automated vesting schedules and exercise workflows.
Employee equity portal
A branded portal where employees view grants, vesting, and estimated value, demystifying their compensation.
Funding-round modeling
Model new rounds, option-pool top-ups, and dilution before you sign, so you understand the cap table impact in advance.
Investor reporting
Share read-only views and reports with investors and board members instead of emailing spreadsheets.
Compliance and security
SOC 2 controls, SSO on higher tiers, and support for multi-entity, multi-currency international structures.
Ledgy pricing
Ledgy does not list fixed self-serve prices; plans are annual and quote-based, scaled mainly by your number of stakeholders and the features you need. Early-stage companies typically start in the low thousands of euros per year, with growth and enterprise tiers rising from there as stakeholder counts and modeling needs grow. Ledgy has historically offered a meaningful first-year discount for early-stage startups, so confirm current pricing and any startup program directly at signup before budgeting.
Ledgy vs Carta vs Pulley
| Tool | Best for | Pricing | Standout |
|---|---|---|---|
| Ledgy | European startups and scale-ups | Annual, quote-based | Multi-entity, multi-currency, strong employee portal |
| Carta | US-centric companies wanting an all-in-one suite | Annual, quote-based | Broad ecosystem including fund admin and valuations |
| Pulley | Early-stage founders who want simplicity | Free tier plus paid plans | Founder-friendly onboarding and clean SAFE handling |
✓ Use it if you
- Run a venture-backed company with a growing stakeholder list
- Operate across multiple entities or currencies in Europe
- Want employees to actually understand their equity
- Need investor- and audit-grade cap table accuracy
✗ Skip it if you
- Are a tiny team with a static, two-founder cap table
- Want a free tool and have no compliance needs yet
- Are US-only and prefer a domestic-default ecosystem
- Have no budget for an annual contract
Is Ledgy worth it?
For a funded startup or scale-up, Ledgy is worth it. The moment a spreadsheet error in your cap table can cost real equity or stall a round, dedicated software pays for itself. Ledgy's combination of accuracy, scenario modeling, and an employee portal that turns equity into a real retention lever makes it a strong choice, especially for companies with European or multi-entity structures. Very early teams with a simple cap table can wait, but most companies should adopt a tool like this before their first priced round rather than after.
What's included
- Real-time cap table with full audit history
- Employee stock option plan (ESOP) administration
- Branded employee equity portal
- Funding-round and dilution scenario modeling
- Investor and board read-only reporting
- Multi-entity and multi-currency support
- SOC 2 controls and SSO on higher tiers
- Vesting schedule automation and exercise workflows
Ledgy: Equity Management pricing
Verified May 2026. Vendor's published rates at the time we checked — always confirm at checkout.
| Plan | Price | Term | What you get |
|---|---|---|---|
| Startup | $0 | up to 25 shareholders | Cap table · Equity plans · Investor updates · Basic reporting · Self-serve |
| Growth | Custom | based on company size | Everything in Startup · 409A valuations · Document management · Advanced reporting · Scenario modelling |
| Enterprise | Custom | annual contract | Everything in Growth · Multiple share classes · SPV management · Dedicated support · Custom integrations |
Getting started
4 steps. The last one is the part most people skip.
- 1
Open Ledgy: Equity Management through the link on this page
It carries our referral tag. The price you pay is identical either way, and it never changes the score on this page.
- 2
Compare the tiers against what you actually use
The pricing table on this page lists what each plan includes. Match it to real usage rather than the tier the vendor highlights.
- 3
Start on the smallest plan that fits
Most vendors let you move up mid-cycle and bill the difference, so starting low costs you nothing but starting high does.
- 4
Check the renewal terms before you commit
Note the renewal date and the rate it reverts to, so the second invoice is not a surprise. Annual plans are usually cheaper per month but harder to exit.
Where Ledgy: Equity Management wins and loses
What works
- Single source of truth
- Employees actually get it
- Built for European complexity
- Serious scenario modeling
What doesn't
- Quote-based pricing
- Overkill for tiny teams
- Annual commitment
The bottom line
Ledgy is a deep, niche-capable equity platform for European startups, but its quoted pricing and lack of a verified discount limit its deal strength and flexibility.
Ledgy: Equity Management FAQ
The questions we actually get asked about this deal.
Ask us something elseLedgy manages your cap table, employee stock option plans, and equity scenarios in one platform. It tracks shares, vesting, and funding rounds, and gives employees a portal to view their equity, replacing spreadsheets with an auditable single source of truth.
Ledgy uses annual, quote-based pricing scaled mainly by your number of stakeholders. Early-stage companies typically start in the low thousands of euros per year, with a first-year startup discount often available. Confirm exact pricing at signup.
It depends on geography. Ledgy is especially strong for European and multi-entity, multi-currency companies and has a praised employee portal. Carta has a broader US-centric ecosystem including fund administration. Many EU startups prefer Ledgy for local fit.
Ledgy has historically offered a significant first-year discount for early-stage startups under a funding threshold. Programs change, so verify the current offer and eligibility directly with Ledgy when you sign up.
Yes. Ledgy provides a branded employee portal where each person can see their grants, vesting progress, and the current estimated value of their equity, which helps make equity compensation transparent and motivating.
