Comparison

EquityList: AI native cap table and compliance OS vs Pulley

EquityList: AI native cap table and compliance OS lands on Depends, and Pulley lands on Skip.
equitylist.co
Buy if you're a funded startup or scale-up needing cap table, ESOP, and compliance automation, especially with the free tier's limits.
Read the full report
pulley.com
Do not buy: Pulley is shutting down on December 8, 2026, per its own security page.
Read the full report
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EquityList: AI native cap table and compliance OS versus Pulley| Compare | EquityList: AI native cap table and compliance OS | Pulley |
|---|
| Verdict | Depends | Skip |
|---|
| Best for | Funded startups with ESOPs | Nobody buying new (service ends Dec 2026) |
|---|
| Who it's not for | Pre-seed teams under 25 stakeholders . a spreadsheet is enough | Anyone making a new purchase . company ceases operations Dec 8, 2026 |
|---|
| Privacy | No known public vulnerabilities found in the sources reviewed. | No known public vulnerabilities found in the sources reviewed. |
|---|
| Support quality | Praise exists but only company-published testimonial | In-house expert cap table reviews, on-demand managed services |
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| Public sentiment | Independent user reviews are scarce; available praise is a company-published testimonial citing simplicity and support. | A few third parties recommended Pulley for startup cap tables, but independent review data is thin and the company is now shutting down. |
|---|
| Biggest gotcha | Free tier hard-capped at 25 stakeholders and $1M raised . you'll outgrow it fast | Service ends 12/8/26; any prepaid annual fees are effectively lost. |
|---|
Pick EquityList: AI native cap table and compliance OS when
- Funded startups with ESOPs
- India- and US-based private companies
- Founders and finance teams
- Teams outgrowing cap table spreadsheets
When EquityList: AI native cap table and compliance OS is not a fit
- Pre-seed teams under 25 stakeholders . a spreadsheet is enough
- Public companies wanting proven enterprise equity tooling
- Buyers needing independent user reviews . none exist yet
- Global teams needing identical features across jurisdictions
Pick Pulley when
- Nobody buying new (service ends Dec 2026)
- Historically: pre-IPO US startups
- Founders modeling dilution before raises
When Pulley is not a fit
- Anyone making a new purchase . company ceases operations Dec 8, 2026
- Teams wanting a stable, long-term equity vendor
- Buyers mid-switch from Carta or Ledgy
- Late-stage companies needing ongoing equity administration
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