Capmatter vs Hemrock
Capmatter
capmatter.comHemrock
hemrock.comSide by side
| Figure | Capmatter | Hemrock |
|---|---|---|
| Price from | ₹2,999/mo | $1.67/mo |
| Free plan | Yes | Yes |
| Free trial | — | — |
| Open source | — | Yes |
| Web | Yes | Yes |
| API | — | Yes |
| Self-hosted | — | Yes |
| Plans published | 3 | 11 |
| Spec score · Cap Table Management Software | 8.2 (#6) | 8.7 (#2) |
| Cap table | The cap table tracks shareholders, share classes, voting rights, and liquidation preferences in an immutable ledger with an audit trail. | The browser cap-table tool models financing rounds, SAFEs, option pools, and dilution with ownership calculations. |
| Integrations | The enterprise page says integrations with existing systems are scoped per engagement; it does not list out-of-the-box third-party integrations. | A prebuilt, one-way Affinity integration imports deal and relationship data into portfolio and diligence views; webhooks are listed as coming soon. |
| Product | Capmatter provides cap table, shareholder, funding round, ESOP, and dilution modeling software for Indian startups. | Portfolio is an open-source platform for venture funds that turns portfolio-company updates into structured metrics, dashboards, monitoring, and LP reporting. |
| Support | Enterprise services can include implementation, onboarding, workflow configuration, and ongoing equity operations support. | Every purchase includes free email, phone, and WhatsApp support for understanding and using the models. |
Plans
Hemrock
- Free pay-what-you-want toolsFree
- Self-hostedFree
- Cap Table & Exit Waterfall API/MCP compute$20 a year
- Fund Economics API/MCP compute$20 a year
- How to build fund infrastructure with AI workshop$75, paid once
- Standard Financial Model$149, paid once
- Cap Table, Exit Waterfall, and Portfolio Construction workshop$175, paid once
- Hosted$250 a month
- Working session$395, paid once
- Setup and support$2,500, paid once
In their own words
Capmatter
Capmatter is browser-based equity management software for Indian startups and private limited companies. Its cap table records shareholders, share classes, voting rights, and liquidation preferences in an immutable ledger with an audit trail. For funding rounds, users can model pre- and post-money valuations, allocations, and dilution, then generate term sheet summaries. Scenario planning lets teams compare options and accept a chosen scenario into the live cap table. ESOP tools provide configurable vesting schedules and per-employee progress, with a default four-year schedule and one-year cliff. Its valuation calculator uses revenue and EBITDA multiples as well as comparable Indian deal analysis. The service derives a statutory calendar from company records for ROC and Companies Act 2013 obligations. Users can generate cap table, ESOP, and board-resolution PDFs, and import shareholder, share-class, ESOP-grant, and ledger data from Excel or CSV with row validation. A free plan is available; Pro costs ₹2,999 per month plus 18% GST. Capmatter says its outputs are informational and not professional advice.
Hemrock
Hemrock Portfolio is an open-source platform for venture funds that turns company updates into structured metrics, dashboards, monitoring and LP reporting. Users can forward PDF, Excel, PowerPoint or plain-text updates; AI extracts metrics and flags uncertain results for review. The platform charts MRR, burn, headcount and custom KPIs over time, and can draft quarterly LP letters and investor report cards. It supports user-provided AI keys for Anthropic, OpenAI, Google Gemini and OpenRouter, as well as local models through Ollama. Designed to run on a customer’s own infrastructure, database and AI keys, it is described by Hemrock as keeping portfolio data separate from other funds and out of model training. The Apache License 2.0 permits personal or commercial use. Optional Fund Operations adds a double-entry ledger for funds, SPVs, direct deals or GP entities, plus period closing and a compliance calendar. Self-hosted use is free; Hosted starts at $250 a month, and Setup and support starts at $2,500, paid once.