Vquity
vquity.lisan.com
What it is
Vquity is an equity-management platform for company cap tables, funding rounds, grants and vesting, data rooms, and stakeholder portals. It records holders, share classes, issuances, transfers, and repurchases. A round can combine SAFE conversion, an option-pool top-up, and a pre-close snapshot. The platform also covers SAFEs and convertibles, exit modeling, and valuation tracking.
Its data room sorts documents into 111 types and uses AI to draft fields for review, alongside a diligence-readiness score. Investor and employee portals use one-time email codes to show equity details, documents, and tax views. Vquity syncs with Vinance accounting and PeopleX HR; changes await human review and confirmation. Carta, Pulley, and AngelList information comes from exported files, not live API connections. It tracks the 409A/FMV process and expiry alerts, but users must bring a valuation from a provider. The maker says traffic uses TLS, stored data and uploaded documents are encrypted at rest, and workspace access is role-based; it does not currently hold third-party security certifications. A free plan covers one company and up to 10 stakeholders. Monthly costs $99 a month per company workspace.
Spec sheet
- What it does
- Vquity is an equity-management service covering cap tables, financing rounds, SAFEs, convertibles, option grants, vesting, waterfalls, valuations, data rooms and stakeholder portals.Read 15 Oct 2026 · vquity.lisan.com
- Product
- Vquity is an equity-management platform for cap tables, funding rounds, SAFEs and convertibles, option grants and vesting, exit modeling, valuation tracking, data rooms, and stakeholder portals.Read 30 Sep 2026 · vquity.lisan.com
- Audience
- The product is presented for founders managing equity, investors viewing their positions, and employees tracking vesting and grants.Read 30 Sep 2026 · vquity.lisan.com
- Integrations
- Native integrations synchronize with Vinance accounting and PeopleX HR; Carta, Pulley and AngelList data is imported from exported files with auto-detection and deduplication.Read 15 Oct 2026 · vquity.lisan.com
- Security
- The maker says traffic uses TLS, data and uploaded documents are encrypted at rest by its cloud infrastructure provider, and workspace access is role-based.Read 30 Sep 2026 · vquity.lisan.com
- AI data handling
- AI extraction runs only on documents explicitly submitted for extraction, fields are shown for review, and the maker says it does not train general-purpose AI models on customer documents or cap-table data.Read 30 Sep 2026 · vquity.lisan.com
- Cap table
- The cap-table ledger records shareholders, share classes, issuances, transfers and repurchases, with an AI roster scan for setup.Read 15 Oct 2026 · vquity.lisan.com
- Cap table and rounds
- The platform records holders, share classes, issuances, transfers, and repurchases, and can close a round with SAFE conversion, option-pool top-up, and a pre-close snapshot in one operation.Read 30 Sep 2026 · vquity.lisan.com
- Company founded
- LinkedIn gives Lisan a 2021 founding year.Read 15 Oct 2026 · linkedin.com
- Company headquarters
- LinkedIn lists Lisan's headquarters in Riyadh, Saudi Arabia.Read 15 Oct 2026 · linkedin.com
- Company legal name
- Crunchbase identifies the operating legal name as Lisan Holdings Limited and lists Noor Alasadi as founder and CEO.Read 15 Oct 2026 · crunchbase.com
- Company size
- LinkedIn lists Lisan at 11–50 employees.Read 15 Oct 2026 · linkedin.com
- Company status and funding
- Startup Intros describes Lisan as an active private startup founded in 2022 in Dubai with 1–10 employees and $2.0 million raised in one round.Read 15 Oct 2026 · startupintros.com
- Contract Studio
- Contract Studio contains 29 structured templates that can be autofilled and exported as PDF or DOCX.Read 15 Oct 2026 · vquity.lisan.com
- Data room
- The data room classifies 111 document types across eight sections, extracts fields for review and provides a 12-item diligence-readiness score.Read 15 Oct 2026 · vquity.lisan.com
- Documentation and support
- The public learning resources include an Equity Academy with structured courses, lessons, calculators and a glossary, while support is handled through [email protected].Read 15 Oct 2026 · vquity.lisan.com
- Exports
- Exports include XLSX and JSON cap-table data, shareholder CSV, JSON restore and a ZIP archive of data-room documents.Read 15 Oct 2026 · vquity.lisan.com
- Funding date
- Startup Intros records a $2 million seed round dated 1 December 2023, with 500 Global and Plug and Play Ventures listed as investors.Read 15 Oct 2026 · startupintros.com
- Integration limits
- The Carta, Pulley, and AngelList importer reads exported files rather than connecting to those services through a live API; Vinance and PeopleX changes await human review and confirmation.Read 30 Sep 2026 · vquity.lisan.com
- Licence and API
- The public terms describe Vquity as proprietary software provided by LISAN AI - FZE; the reviewed public pages do not publish an open-source licence, API reference or SDK.Read 15 Oct 2026 · vquity.lisan.com
- Limit: external valuation
- Customers must obtain the actual 409A, FMV or valuation report from a provider because Vquity only tracks its lifecycle.Read 15 Oct 2026 · vquity.lisan.com
- Limit: regional coverage
- The published profiles cover the United States, UK and Europe, UAE, Qatar, Bahrain, Kuwait, Oman, Saudi Arabia, India and Singapore/SEA; Australia is not listed.Read 15 Oct 2026 · vquity.lisan.com
- Maker identity
- Lisan's company page says the business was founded in 2021 and operates from Dubai, Riyadh, Cairo, Warsaw and Madrid.Read 15 Oct 2026 · lisan.com
- News: latest release
- The changelog identifies version 1.21.1 as the current release and says it renewed access credentials on 3 October 2026.Read 15 Oct 2026 · vquity.lisan.com
- News: pricing launch
- Lisan announced public self-serve pricing on 31 July 2026, including a $490 annual founding rate for the first 15 subscribing companies.Read 15 Oct 2026 · vquity.lisan.com
- Options and vesting
- Option grants have an offer, acceptance, vesting ledger, pool-utilization view and administrative exercise queue.Read 15 Oct 2026 · vquity.lisan.com
- Platform limitation
- macOS and Linux desktop versions are planned rather than shipped, according to the desktop-app page.Read 15 Oct 2026 · vquity.lisan.com
- Portal security
- Portal codes expire after 10 minutes, are stored hashed and rate-limited, while sessions are hashed as well.Read 15 Oct 2026 · vquity.lisan.com
- Portals
- Investor and employee portals show each holder's stocks, options, SAFEs, activity, documents and tax view through passwordless one-time codes.Read 15 Oct 2026 · vquity.lisan.com
- Rounds and SAFEs
- Its Close-Round workflow combines SAFE conversion, option-pool top-up and a pre-close snapshot in one committed operation.Read 15 Oct 2026 · vquity.lisan.com
- SAFE solver
- Post-money SAFE conversion uses a YC-style fixed-point solver for the circular fully diluted share calculation.Read 15 Oct 2026 · vquity.lisan.com
- Security certification limit
- Vquity states that it does not currently hold third-party security certifications.Read 15 Oct 2026 · vquity.lisan.com
- Security certifications
- The maker says it does not currently hold third-party security certifications.Read 30 Sep 2026 · vquity.lisan.com
- Security controls
- Traffic uses TLS, data is held in a single-tenant database and file store with nightly backups, and portal access uses hashed one-time authentication.Read 15 Oct 2026 · vquity.lisan.com
- Snapshots
- Users can capture dated cap-table snapshots, compare them field by field, export differences to PDF and preview prior states read-only.Read 15 Oct 2026 · vquity.lisan.com
- Stock compensation
- The product calculates ASC 718 stock-compensation expense using Black-Scholes and can export journal data to Vinance.Read 15 Oct 2026 · vquity.lisan.com
- Supported regions
- The maker lists region profiles for the US, UK and Europe, UAE, Saudi Arabia, India, and Singapore and Southeast Asia.Read 30 Sep 2026 · vquity.lisan.com
- Valuation tracking
- Vquity tracks 409A or FMV records, recalculation, rollback, audit history and expiry alerts but does not perform the valuation.Read 15 Oct 2026 · vquity.lisan.com
- Valuations
- Vquity tracks the 409A/FMV lifecycle and expiry alerts, but does not perform valuations; users bring the valuation from a provider.Read 30 Sep 2026 · vquity.lisan.com
- Waterfalls
- Exit scenarios model seniority, liquidation preferences, participation caps, escrow and carve-outs, with hypothetical rounds chained before exits.Read 15 Oct 2026 · vquity.lisan.com
- Windows app
- The native desktop application supports Windows 10 and 11 on x64 and ARM64, uses vquity:// deep links and shares data with the web app.Read 15 Oct 2026 · vquity.lisan.com
Plans and prices
Strong points and limits
Strong points
- Cap table records issuances, transfers, and repurchases.
- Rounds can combine SAFE conversion and option-pool top-up.
- Data room classifies documents across 111 types.
- Investor and employee portals include equity information and tax views.
- Exports include XLSX, JSON, CSV, and document ZIP files.
Limits
- Vquity does not perform valuations.
- Carta, Pulley, and AngelList imports use exported files.
- No third-party security certifications are currently held.
- Free plan is limited to one company and 10 stakeholders.
Who it suits
Vquity is aimed at founders managing company equity, investors viewing their positions, and employees tracking vesting and grants. Its free plan may suit a single company with up to 10 stakeholders.
Vquity in depth
Read the full write-up
Vquity is an equity-management platform for companies handling ownership records, funding rounds and stakeholder access. It is best suited to founders who want those workflows alongside diligence documents and employee equity visibility. Its broad coverage is compelling, but valuations still come from an outside provider and several integrations depend on file imports or human review.
Overview
Vquity brings cap-table records, award administration, investor and employee portals, and diligence materials into one workspace. That breadth can keep equity activity and stakeholder access together; the trade-off is that a platform covering many workflows is not a substitute for a valuation provider or a live connection to every system a company uses.
Key features
The platform tracks holders, share classes, issuances, transfers and repurchases. A round-closing workflow can handle SAFE conversion, an option-pool top-up and a pre-close snapshot in one operation, a useful consolidation for teams managing those steps together. Supported awards include stocks, stock options, SAFEs, warrants, convertible notes and KISS, with advanced vesting rules.
The data room classifies documents across 111 types, drafts fields using AI extraction and assigns a diligence-readiness score. Drafts are presented for review, so extraction can reduce document-sorting work without removing the need for a person to check the result. The maker says extraction runs only on documents explicitly submitted for it and that it does not train general-purpose AI models on customer documents or cap-table data.
Investor and employee portals show equity information, documents and a tax view after stakeholders sign in with one-time email codes. Vquity also tracks the 409A/FMV lifecycle and sends expiry alerts, but it does not perform valuations; the company must obtain one from a provider.
Vquity syncs with Vinance accounting and PeopleX HR, although changes await human review and confirmation. Carta, Pulley and AngelList data enters through exported files, not live API connections. The distinction matters to teams expecting their records to update automatically. Exports include company details, share classes, shareholders, rounds, grants and warrants in XLSX or JSON; shareholders can also be exported as CSV, and data-room documents can be downloaded as a zip.
The maker says traffic uses TLS, uploaded documents and data are encrypted at rest by its cloud infrastructure provider, and workspace access is role-based. It does not currently hold third-party security certifications, a relevant consideration for companies with formal vendor-assurance requirements. Region profiles cover the US, UK and Europe, UAE, Saudi Arabia, India, and Singapore and Southeast Asia.
Pricing
The Free plan costs nothing, billed forever, and includes one company, up to 10 stakeholders and all modules. It is a practical way for a very small company to use the full feature set, but the stakeholder cap makes it a limited long-term fit as the equity roster grows.
Monthly costs $99 a month, billed per month per company workspace. It allows unlimited stakeholders and includes all modules, web and desktop access, and cancellation anytime; access lasts through the paid period. It suits teams that need room to grow without an annual commitment, though the per-company charge matters for companies operating multiple workspaces.
Founding Annual costs $490 a year, billed per year per company workspace. It includes unlimited stakeholders, unlimited companies in the workspace and the full platform, for the first 15 companies; the rate is locked while subscribed. For eligible early adopters with several companies, the workspace allowance is a notable advantage. Annual costs $990 a year, billed per year per company workspace, with unlimited stakeholders, all modules, and web and desktop access. It is the standard annual option for a company workspace, but unlike the founding offer its stated allowance is per company workspace.
Platforms
Vquity runs on web and Windows. That covers browser use and Windows desktops, but teams requiring Android or iOS access should consider an alternative with those platforms.
Who it's for
Vquity is aimed at founders managing company equity, investors checking their positions, and employees tracking grants and vesting. Its portals and combined equity and diligence workflows make it a stronger fit for companies that want stakeholders to access a shared record than for teams seeking valuation services or live Carta, Pulley or AngelList synchronization.
Pros and cons
Pros: Round closing can combine SAFE conversion, an option-pool top-up and a pre-close snapshot, reducing the need to treat those steps as separate workflows.
Pros: All modules are included in the free plan, and the paid plans remove the 10-stakeholder cap.
Pros: Investor and employee portals expose equity information, documents and a tax view, while exports cover key company and equity records.
Cons: The free plan is capped at one company and 10 stakeholders, so growing teams will need a paid plan.
Cons: Vquity tracks but does not produce valuations, and imported Carta, Pulley and AngelList records are file-based rather than live.
Cons: The maker says it lacks third-party security certifications, which may be a drawback where certification is a procurement requirement.
Alternatives
Equity Compensation Management Software is a useful category overview for readers comparing options across this type of tool.
Cake Equity is worth considering for a free plan capped at five stakeholders, with cap-table, stock-option and SAFE-note features, and Android and iOS apps alongside web access.
Eqvista may suit teams that want a free cap-table and ESOP management plan for fewer than 20 stakeholders, with vesting schedules, stakeholder accounts and a data room, plus mobile apps.
Astrella is an alternative for teams prepared to pay annually: its Early Stage plan is $1,200 a year for 0–25 stakeholders, and it offers a free trial.
EquityList may appeal to a team comfortable with a 10-stakeholder free cap and 1,000 lifetime AI credits; it also runs on web.
Ledgy offers a free Launch plan for up to 50 stakeholders with equity plans, grants and simple vesting, making it a candidate for teams prioritizing a higher free stakeholder limit.
Empower Health and Welfare Benefits Administration is another paid alternative.
Fidelity Private Shares has a free Launch plan for up to 25 stakeholders and includes cap-table management, equity-plan generation, a data room, board consents, scenario modeling and standard reporting.
Shareworks is another paid option, with Android, iOS and web platforms.
Verdict
Choose Vquity if you want cap-table operations, round workflows, diligence tools and stakeholder portals together, and can work within its Windows-and-web footprint and integration limits. Its free tier provides a full-module starting point for a small company, while paid plans open the stakeholder limit. Look elsewhere if you need the software itself to perform valuations, live Carta, Pulley or AngelList connections, or third-party security certifications.
Verdict
Vquity brings cap table operations, equity stakeholder access, and diligence documents into one platform. Its free tier is limited to one company and 10 stakeholders, while the Monthly plan costs $99 a month per company workspace.
Where Specifiction places it
- Equity Compensation Management Software#5 of 298.3