In the landscape of Cap Table and ESOP management platforms, two names often come up: Capboard and Ledgy. We both offer robust solutions designed to streamline equity management for startups and growing businesses, we are great solutions in the market, don't make me wrong. However, we do have some relevant differentiations, Capboard emerges as better choice for several compelling reasons. Here's why Capboard, stands out as the best option for startups worldwide.
1. Comprehensive and Legally Validated Calculations
Capboard offers an extensive range of calculations, including cap tables, Employee Stock Ownership Plans (ESOPs), grants, vestings, and simulations. What sets Capboard apart is that all these calculations are validated by our in-house legal team, ensuring accuracy and compliance. Ledgy, while offering many tools, does not provide this level of validated calculations, which can be crucial for startups looking to manage their equity efficiently and with confidence.
2. NEW: Transparent and Affordable Pricing
Understanding the financial constraints of startups, Capboard introduces a transparent and incredibly affordable pricing model starting March 1st, 2024: €1 per stakeholder per month, forever. This straightforward approach, coupled with discounts for high volume, ensures startups can budget effectively without any surprises. Transparency in pricing is a fundamental principle at Capboard, making it a more attractive option for startups conscious of cost without compromising on quality.
3. Bilingual Platform Accessibility
Capboard recognizes the global nature of today’s startups, offering its platform in both English and Spanish. This accessibility breaks down language barriers and opens up opportunities for a broader range of startups, especially in the LATAM region, to manage their cap tables efficiently. The inclusion of Spanish, alongside English, underlines Capboard's commitment to serving a diverse global market.
4. A Truly Global Reach
Capboard boasts a global presence, with 40% of its business in the US, 40% in Europe, and the remaining 20% spread across the rest of the world. This wide-reaching influence highlights Capboard's capability to cater to the needs of startups regardless of their geographical location, making it a versatile and reliable platform for international businesses.
5. Experienced Leadership and Team
The Capboard team brings over 15 years of experience in SaaS, with the entire team originating from Whisbi.com, a company acquired by Giosg. This wealth of experience in the tech and SaaS sectors ensures that Capboard is built on a foundation of deep industry knowledge and expertise, contributing to a robust and user-friendly platform.
6. Expertise in ESOPs and Transactions
With a founding team and an in-house law team that have over a decade of experience in ESOPs and transactions, raising €17 million in the process, Capboard stands on solid ground. This expertise ensures that startups receive knowledgeable support and guidance in managing their equity and navigating complex transactions.
7. Mission-Driven Approach
Capboard is driven by a mission to help startup entrepreneurs efficiently manage their cap tables and offer equity to employees in an effective manner. This mission reflects a deep understanding of the challenges faced by startups and a commitment to providing solutions that address these challenges head-on.
Conclusion
Led by Alex Bisbe, with a decade of startup mentoring experience, Capboard is not just a platform but a partner to startups worldwide. Its comprehensive and legally validated calculations, transparent pricing, bilingual platform, global reach, experienced team, expertise in ESOPs and transactions, and mission-driven approach make Capboard the superior choice over Ledgy for startups aiming to manage their equity efficiently and grow their businesses successfully.
Article written by Alex Bisbe
CEO of Capboard and Sekondary
Former CEO and Co-founder at Whisbi
Startup Mentor with over 10 years of experience