Cap table software is the purpose-built equity management platform (Carta, Pulley, AngelList Equity, Shareworks) that replaces spreadsheet-based cap table tracking. It tracks ownership, models dilution scenarios, manages option grants and vesting, handles 409A valuations, generates stock certificates, supports employee equity portals, and integrates with payroll and HRIS systems. It is essentially mandatory for venture-backed startups once they grow beyond a handful of stakeholders or grant equity to employees. It's the infrastructure that prevents cap table errors from compounding into disasters.
The capabilities:
Equity tracking: