EquityList vs Mantle

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.

Mantle is a web-based cap table management platform from Mantle Equity for startups. It tracks share classes and securities such as SAFEs, preferred stock, warrants, and RSAs, and supports option management. Mantle says its AI can read SAFEs, notes, term sheets, and other documents to help create an audit-ready cap table. Users can model fundraising rounds, dilution, and option pools against their real-time cap table, then download a cap table in Open Cap Table Format (OCX). Built-in digital signatures support issuing grants and agreements. Customers can add counsel and other stakeholders without per-seat pricing, and plans include unlimited stakeholders. Starter is free and includes SAFE signing and templates, vesting schedules, scenario modeling, law firm integration, and cap table exports. Essentials costs $1,200 a year; Growth costs $3,000 a year and adds an annual 409A valuation and VIP customer support. Growth+ has no listed price. Mantle states that it complies with AICPA SOC 2 Type II standards, hosts its platform on Google Cloud in the US Central region, and uses 256-bit TLS encryption for information moving over the internet.