EquityList vs Ledgy
EquityList
equitylist.co
Ledgy
ledgy.comSide by side
| Figure | EquityList | Ledgy |
|---|---|---|
| Price from | $100/mo | €250/mo |
| Free plan | Yes | Yes |
| Free trial | — | Yes |
| Open source | — | — |
| Web | Yes | Yes |
| API | — | Yes |
| Plans published | 7 | 6 |
| Spec score · Equity Compensation Management Software | 8.1 (#7) | 8.7 (#3) |
| Spec score · Cap Table Management Software | 7.9 (#10) | 8.6 (#4) |
| Cap tables | Its cap table product records historical transactions, models fundraising scenarios, and supports multiple entities. | The cap-table module records historical transactions with attached documents and supports customizable views, grouping, share classes, diluted and non-diluted percentages, and exports. |
| Compliance | The finance solution says it provides stock expense numbers compliant with ASC 718, IFRS 2, and Ind AS 102. | The platform advertises country-specific compliance reporting, global-mobility reporting, IFRS 2 expensing and IPO-readiness support. |
| Founded | 2023 | 2017 |
| Headquarters | Gurugram, Haryana, India | Zurich, Switzerland |
| Support | The Free plan includes email and Intercom support, community access, and bi-weekly office hours; Growth includes priority support and concierge onboarding. | Ledgy lists self-serve support for Launch, implementation and email support for Scale, and fully assisted onboarding with dedicated customer success support for Enterprise. |
Plans
EquityList
- FreeFree
- Build (monthly billing)$125 a month
- Growth (monthly billing)$265 a month
- Build (annual billing)$1,200 a year
- Growth (annual billing)$3,500 a year
- EnterprisePriced on request
- Public company pricingPriced on request
Ledgy
- LaunchFree
- Essentials€3,000 a year
- Advanced€5,000 a year
- Scale€5,000 a year
- Enterprise€18,000 a year
- PublicPriced on request
In their own words
EquityList
EquityList is an equity management and compliance platform for private and public companies. It tracks ownership, grants, exercises, buybacks, and expense reporting; its cap tables preserve transaction history, model fundraising scenarios, and handle multiple entities. The grants tools cover options, RSUs, and SARs, with vesting and exercise management for employees, advisors, and consultants. HR integrations with BambooHR, Keka, Darwinbox, and GreytHR sync employee changes and payroll data. Finance tools provide stock expense figures compliant with ASC 718, IFRS 2, and Ind AS 102. EquityList describes encryption at rest and in transit, logged access controls, and practices certified against SOC 2 and ISO 27001. The web service has a free plan for up to 10 stakeholders; Build and Growth bill for additional stakeholders beyond their included limits. Paid plans start at $100 a year with annual billing. Listed-company pricing is a scope-based annual proposal, not a fixed price.
Ledgy
Ledgy manages equity and executive compensation for companies from incorporation through post-IPO, serving finance, legal, and people teams at private and public companies. Its tools cover cap tables, share plans, grants, employee communications, compliance, financial reporting, trading and settlement, and executive compensation. The platform automates country-specific compliance and global mobility reports, custom vesting, and IFRS 2 expensing. More than 70 HRIS integrations support synchronized data and grant workflows; automation also covers bulk document creation and signing, exercising, and offboarding. Employees can view grants, vesting schedules, and award updates, and exercise or trade shares. Ledgy states it is ISO 27001:2022 certified and lists controls including TLS 1.3 encryption, SAML SSO with SCIM provisioning, role-based access, and GDPR compliance. Its GraphQL API uses OAuth 2.0 service accounts and is limited to 20 requests every 5 seconds per company. The free Launch plan covers up to 50 stakeholders. Essentials starts at €3k/year, Scale and Advanced at €5k/year, and Enterprise at €18k/year; Public has custom pricing.