# Carta vs Ledgy: Equity Management

Source: https://nachonacho.com/compare/carta-vs-ledgy-equity-management

Choose Carta if your priority is managing fundraising and U.S. equity requirements alongside your cap table; choose Ledgy if you need equity-plan automation and reporting across multiple countries. Both offer free entry plans and paid options for growing companies. The deciding differences are their published pricing, the workflows included at each tier, and the compliance tasks your team needs to handle.

## At a glance

| | Carta | Ledgy: Equity Management |
| --- | --- | --- |
| Paid-plan pricing | Contact sales; priced by plan and stakeholder count | Scale from €5,000/year; Enterprise from €18,000/year |
| Free-plan limits | Launch: up to 25 stakeholders and $1 million raised | Launch: site lists conflicting 25- and 50-stakeholder limits |
| Fundraising tools | SAFE fundraising on Launch; priced-round modeling on Build | Funding-round cap table preparation |
| Compliance tools | 83(b) form on Launch; Form 3921 on Grow | EMI and UK Companies House reporting on Scale |
| Company valuations | 409A valuations on Grow and Scale | HMRC, 409A, BSPCE, and fair-market valuations on Scale |
| HR integrations | HRIS and payroll integration on Launch | 70+ HRIS integrations on Scale |
| Grant workflows | Equity plan management and electronic exercising | Automated granting and offboarding on Scale |
| Financial reporting | ASC 718 and IFRS reporting on Scale | Financial reporting add-ons from €3,000/year |
| Support | Email, chat, and phone support on Launch | Self-serve on Launch; email and AI chat on Scale |
| Advanced access controls | Admin SSO on Scale | SAML SSO and SCIM on Enterprise |
| API | Developer APIs; production access subject to approval | GraphQL API access on Enterprise |
| Company types | Plans for private corporations and LLCs | Plans for private and public companies |

## Which to choose

### Choose Carta if

- Founders raising capital through SAFEs
- Teams managing U.S. equity filings
- Companies seeking priced-round modeling
- Buyers who want phone support on the free plan

### Choose Ledgy: Equity Management if

- Teams administering equity across countries
- Buyers seeking published paid-plan starting prices
- Companies automating grants and offboarding
- Teams needing localized employee dashboards

## Verdict

Carta is the better fit for a company that wants SAFE fundraising, priced-round tools, and U.S. equity administration in one system. Ledgy is the better fit for a team prioritizing international share-plan workflows, employee communications, and a published starting price for paid plans. Compare the specific tier you would buy: valuations, integrations, and advanced reporting are not included in every plan.

## Questions

### Is this comparison worth publishing?

Yes. Carta and Ledgy both currently offer equity-management software, publish plan details, and serve companies choosing how to manage cap tables and equity plans.

### Do Carta and Ledgy have free plans?

Yes. Carta Launch is free for companies with up to 25 stakeholders and up to $1 million raised. Ledgy also lists a free Launch plan, but its pricing page gives conflicting limits of 25 and 50 stakeholders; confirm the applicable limit with Ledgy.

### How much do paid Carta and Ledgy plans cost?

Carta asks buyers to contact sales and says pricing depends on the plan and stakeholder count. Ledgy publishes starting prices of €5,000 per year for Scale and €18,000 per year for Enterprise.

### Which is a better fit for a company fundraising through SAFEs?

Carta is the clearer fit if SAFE fundraising is central to the purchase: Carta lists SAFE modeling, fundraising, and closings on Launch, with priced-round modeling on Build.

### Can both products provide 409A valuations?

Yes. Carta lists 409A valuations on Grow and Scale. Ledgy lists independent 409A valuations on Scale and Enterprise, alongside other valuation types.

### Which has stronger published support for international equity administration?

Ledgy publishes Scale-plan tools for EMI and UK Companies House reporting, plus Enterprise features such as localized dashboards and global mobility reporting. Carta publishes U.S. tools including 83(b) forms and Form 3921, and IFRS reporting on Scale.

### Do Carta and Ledgy connect to HR systems?

Yes. Carta lists HRIS and payroll integration in its Launch plan. Ledgy lists more than 70 HRIS integrations in its Scale plan.

### What support comes with each free plan?

Carta lists email, chat, and phone support for Launch. Ledgy describes support for its free Launch plan as self-serve.

## Product pages

- Carta: https://nachonacho.com/product/deal-Carta
- Ledgy: Equity Management: https://nachonacho.com/product/ledgy