Ledgy
Depends
Confidence: Medium
Buy if you're a scaling company that needs equity and executive comp in one platform.
New check
Comparison
Ledgy vs Carta
Ledgy and Carta both land on Depends.
Carta
Depends
Confidence: Medium
Buy if you're a venture-backed startup or VC fund that needs the market-standard cap table and fund-admin suite.
| Compare | Ledgy | Carta |
|---|---|---|
| Verdict | Depends | Depends |
| Best for | Scale-ups with employee share plans | Venture-backed startups with complex cap tables |
| Who it's not for | Pre-seed startups . a spreadsheet suffices | Pre-seed startups with a simple cap table . use a spreadsheet |
| Privacy | No known public vulnerabilities found in the sources reviewed.³ | Carta runs a public trust center and bug bounty, but had a 2024 customer-data privacy breach that forced it to shut its trading platform.13 |
| Support quality | No evidence found in reviewed sources | Complaints on Software Advice and Trustpilot |
| Public sentiment | Reviewers generally rate Ledgy well for cap table and equity management but repeatedly flag reporting and export limitations.⁴ | G2 ratings are solid but Reddit, Trustpilot, and Software Advice surface pricing, support, and trust complaints.11 |
| Biggest gotcha | Reporting/export limits recur in reviews . test your exact reports in a trial.⁴ | 2024 breach: customer data was misused to contact other customers' investors; trading platform shut down.13 |
Pick Ledgy when
- Scale-ups with employee share plans
- Companies unifying equity and exec comp
- VC-backed firms managing carried interest
When Ledgy is not a fit
- Pre-seed startups . a spreadsheet suffices
- Teams needing rich reporting and exports
- Funds whose portfolio companies already run Carta
Pick Carta when
- Venture-backed startups with complex cap tables
- VC funds needing fund administration
- Companies running tender offers or IPO prep
When Carta is not a fit
- Pre-seed startups with a simple cap table . use a spreadsheet
- Budget-sensitive teams wanting flat, predictable pricing
- Anyone unwilling to trust Carta with sensitive data post-breach
- Teams expecting responsive, hands-on support
Sources
- Ledgy homepageledgy.comofficial
- Ledgy executive compensation pageledgy.comofficial
- Ledgy product security pageledgy.comsecurity
- Ledgy Reviews . G2g2.comreview
- Ledgy Software Reviews . Capterracapterra.comreview
- Ledgy Software Reviews . Software Advicesoftwareadvice.comreview
review
- Best Equity Management according to AI . Coopercooperaiq.comreview
- Most Affordable Equity Management . Coopercooperaiq.comreview
- ForesightIQ competitive landscape: Ledgyforesightiq.coreview
review
news
- VC world rocked by allegations against Carta . Fast Companyfastcompany.comnews
review
- Carta Pricing . r/startupsreddit.comreview