EquityList: AI native cap table and compliance OS
Depends
Confidence: Medium
Buy if you're a funded startup or scale-up needing cap table, ESOP, and compliance automation, especially with the free tier's limits.
New check
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.
Pulley
Skip
Confidence: Medium
Do not buy: Pulley is shutting down on December 8, 2026, per its own security page.
| 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.² | No known public vulnerabilities found in the sources reviewed.12 |
| Support quality | Praise exists but only company-published testimonial | In-house expert cap table reviews, on-demand managed services |
| Public sentiment | Independent user reviews are scarce; available praise is a company-published testimonial citing simplicity and support.¹ | A few third parties recommended Pulley for startup cap tables, but independent review data is thin and the company is now shutting down.15 |
| Biggest gotcha | Free tier hard-capped at 25 stakeholders and $1M raised . you'll outgrow it fast¹ | Service ends 12/8/26; any prepaid annual fees are effectively lost.12 |
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
Sources
- EquityList homepageequitylist.coofficial
- EquityList product security pageequitylist.cosecurity
news
- EquityList launches AI-native platform . Business Standardbusiness-standard.comnews
- EquityList launch coverage . YourStoryyourstory.comnews
- EquityList launch coverage . Entrackrentrackr.comnews
- EquityList launch coverage . Entrepreneur MENAmena.entrepreneur.comnews
- Best Equity Management according to AI . Coopercooperaiq.comreview
review
review
- Pulley homepagepulley.comofficial
- Pulley security page (shutdown notice)pulley.comsecurity
news
- Yin Wu on Pulley pricing and switchinglinkedin.comofficial
- Tyler Richards on recommending Pulleylinkedin.comreview
review