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SPECIFICTION
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Tenacap

tenacap.com

From $39/mo Free plan Web
Visit tenacap.com
Spec score 7.5 #10 of 23 in Startup Founder Tools

What it is

Tenacap is a web-based cap table platform for managing company equity from incorporation through priced rounds. It supports SAFEs, convertible notes, option plans, grants, vesting, exercises, and restricted stock. Companies can model priced rounds, convert outstanding SAFEs and notes, and calculate exit waterfalls. Imports can come from Carta, Pulley, Tenacap’s workbook, or a spreadsheet; exports include CSV, open-schema JSON, and a complete archive. The platform generates equity and board documents, supports native e-signature, and provides a sealed PDF with a completion certificate. Cap table changes go into an append-only ledger with cryptographic chaining, which Tenacap describes as tamper-evident. The free Starter tier includes unlimited stakeholders, one saved scenario, and CSV and JSON export. Traction is listed at $39/mo or $399/yr, while Growth is $99/mo or $999/yr. Tenacap says beta is open and customers are not billed during beta; listed tier prices take effect at general availability. Its V1 focuses on US Delaware C-corps, and international entities are not on its V1 or V2 roadmap.

Spec sheet

Product
Tenacap is a cap table platform for managing a company’s equity from incorporation through priced rounds.Read 29 Sep 2026 · tenacap.com
Audience
The Starter tier is described for companies that have not raised a priced round, while Traction is for teams that have raised one.Read 29 Sep 2026 · tenacap.com
Integrations
The maker lists Carta and Pulley as cap table import sources and says third-party services such as partner 409A valuations are pass-through priced.Read 29 Sep 2026 · tenacap.com
Security
The maker says traffic uses TLS with HSTS, sensitive fields are encrypted with AES-256-GCM, and passwords are hashed with Argon2id.Read 29 Sep 2026 · tenacap.com
Support
Tenacap’s help center offers step-by-step guides without requiring a login.Read 29 Sep 2026 · tenacap.com
Audit trail
Cap table changes are recorded in an append-only, tamper-evident ledger with cryptographic chaining.Read 29 Sep 2026 · tenacap.com
Beta and billing
The maker says beta is open and customers are not billed during beta; listed tier prices take effect at general availability.Read 29 Sep 2026 · tenacap.com
Documents
Tenacap generates equity and board documents, supports native e-signature, and provides a sealed PDF with a completion certificate.Read 29 Sep 2026 · tenacap.com
Equity features
It supports SAFEs, convertible notes, option plans, grants, vesting, exercises, and restricted stock.Read 29 Sep 2026 · tenacap.com
Financing
The product can model priced rounds, convert outstanding SAFEs and notes, and calculate exit waterfalls.Read 29 Sep 2026 · tenacap.com
Imports and exports
It supports importing from Carta, Pulley, its workbook, or a spreadsheet, and exporting CSV, open-schema JSON, or a complete archive.Read 29 Sep 2026 · tenacap.com
Limits
The maker describes V1 as focused on US Delaware C-corps and says international entities are not on its V1 or V2 roadmap.Read 29 Sep 2026 · tenacap.com
SOC 2
The security page says Tenacap is building toward a formal SOC 2 examination.Read 29 Sep 2026 · tenacap.com

Plans and prices

Starter Free Unlimited stakeholders · One saved scenario · CSV + JSON export Read 29 Sep 2026 · tenacap.com
Traction $39 a month $39/mo · or $399/yr Unlimited saved scenarios · Document templates + e-signature · Employee and investor portals · Board approvals Read 29 Sep 2026 · tenacap.com
Growth $99 a month $99/mo · or $999/yr ASC 718 expense reporting · Rule 701 tracking · QSBS tracking · Form 3921 and ISO/AMT tax reporting · Diligence pack Read 29 Sep 2026 · tenacap.com

Every Tenacap plan and price →

Strong points and limits

Strong points

  • Free Starter tier includes unlimited stakeholders.
  • Imports from Carta, Pulley, its workbook, or spreadsheets.
  • Exports CSV, open-schema JSON, or a complete archive.
  • Generates equity and board documents with e-signature.

Limits

  • Starter allows one saved scenario.
  • International entities are not on the V1 or V2 roadmap.
  • Listed tier prices take effect at general availability.

Who it suits

Starter is described for companies that have not raised a priced round; Traction is for teams that have. The product is aimed at companies managing equity within its US Delaware C-corp focus.

Verdict

Tenacap covers cap table records, financing scenarios, documents, and exports in a web platform. Its stated scope is US Delaware C-corps, and its listed paid prices are not effective during beta.

Where Specifiction places it

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