EquityList vs Tabulate
EquityList
equitylist.coTabulate
incentiv.financeSide by side
| Figure | EquityList | Tabulate |
|---|---|---|
| Price from | $100/mo | — |
| Free plan | Yes | — |
| Free trial | — | — |
| Open source | — | — |
| Web | Yes | Yes |
| Plans published | 7 | 0 |
| Spec score · Equity Compensation Management Software | 8.1 (#7) | 6.9 (#21) |
| Cap tables | Its cap table product records historical transactions, models fundraising scenarios, and supports multiple entities. | It tracks shares, options, warrants, convertible notes, and SAFEs in a company ownership record. |
| Compliance | The finance solution says it provides stock expense numbers compliant with ASC 718, IFRS 2, and Ind AS 102. | Tabulate generates Companies Act-aligned compliance documentation, including SH-6, for equity events. |
| Founded | 2023 | 2022 |
| Headquarters | Gurugram, Haryana, India | Bangalore, India |
| Intended users | The company says it builds for founders, lawyers, finance leads, and employees, and its product pages cover private and public companies. | The ESOP workflows are described for HR, employees, finance teams, secretarial teams, and management. |
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
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.
Tabulate
Tabulate is a web-based ownership and equity management product from Incentiv, founded in 2022 in Bangalore. It keeps shares, options, warrants, SAFEs, convertible notes, and other share classes in one ownership record. Recording an issuance, transfer, exercise, or conversion updates the cap table in real time and adds an audit-trail entry. Founders and finance teams can model proposed funding rounds and see potential dilution among founders, investors, and the ESOP pool. ESOP workflows cover bulk digital grant letters, e-signatures, vesting tracking, employee self-service, exercise and exit management, and expense reports. Grantees can view grant details, vesting progress, and value through an employee portal. Tabulate generates board-pack reports, investor updates, due-diligence documents, and Companies Act-aligned paperwork such as SH-6. Share records are described as aligned with NSDL/CDSL dematerialisation requirements. It integrates with Incentiv Transact for liquidity workflows. Pricing is on request, with a 30-day trial.