Pulley alternatives, compared honestly.

Pulley built a clean, founder-focused cap table tool with transparent pricing. It was US-focused and stopped at the cap table, and it has now announced that its service is ending. Here's how Octelligence, Carta, Mantle, and Cake Equity compare as places to keep your cap table next, and who should pick which.

See the alternatives Octelligence cap tables
Updated September 2026 for Pulley's shutdown announcement. Feature claims from each vendor's public site. Verify before committing.
At a glance
Pulley's service is ending

Pulley has announced it will cease operations and services on December 8, 2026. Every option below is a live product.

Outside the US

Pulley was US-first. Octelligence and Mantle handle Canadian entities natively.

Minute book included

Only Octelligence ships a real corporate records layer alongside the cap table.

Already using Pulley?

Pulley has announced that it will cease operations and services on December 8, 2026. If you're an existing Pulley customer looking to move your cap table, we've created a dedicated migration path.

Source: Pulley's official shutdown FAQ. Octelligence is not affiliated with Pulley.

Migrate from Pulley

Pulley was a credible tool, narrow on purpose. Its service is now ending.

Pulley made a deliberate choice: focus on founders and finance teams, publish pricing, ship a clean cap table tool, and don't try to be everything to everyone. That focus is what made it work. It's also what created the gaps.

With Pulley's announced shutdown, the question is no longer whether to switch but where your records go next. The limits below, which describe Pulley as it operated, are still a useful checklist for judging a destination.

  • A fixed end date

    Pulley has announced it will cease operations and services on December 8, 2026. Its FAQ says data remains available in a limited format until January 31, 2027.

  • Non-US jurisdictions

    Pulley was primarily US-focused. Canadian incorporations, dual-jurisdiction structures, and non-US securities conventions weren't its strong suit.

  • It was cap-table-only

    The minute book, share certificates with public verification, resolutions, and shareholder agreements lived somewhere else. Usually a shared drive.

  • No firm-wide licensing model

    Law firms and accounting practices managing client corporations at scale needed a different model than Pulley's per-company pricing.

Criteria that actually matter

  • Jurisdiction fit. Most tools cover a US Delaware corporation. Test how alternatives handle CBCA, provincial, and dual-jurisdiction structures before committing.
  • What lives outside the cap table. Minute book, certificates, resolutions, shareholder agreements. Where do they go and who keeps them current?
  • Total cost. If you're not raising in the next six months, an annual commitment can feel steep. Look for a trial or a low-cost on-ramp.
  • SAFE conversion math. Test cap, discount, MFN, and priced-round batch conversion. Pulley handled this well; so do the others.
  • How your history gets in. Ask each vendor how a Pulley export is brought over, who reconciles it, and whether historical issuances and transfers survive or only today's balances.
  • Share-link audit. If you send a cap table to investors, can you tell who opened it and revoke access? Not all tools log this.

Four credible Pulley alternatives

Octelligence: Cap table + corporate records, in one platform.

If you want more than a like-for-like cap table replacement, Octelligence is the natural step. Comparable cap-table depth (SAFE batch conversion, options, warrants, A/B scenarios) with a real corporate records layer (minute book, share certificates, resolutions) underneath. 14-day free trial, then published paid tiers with a discount for annual billing. Built for Canadian + US corporations.

  • Structured corporate records (minute book) included
  • QR-verified share certificates with public verification pages
  • SAFE batch conversion, options, warrants, scenarios
  • An authorization record behind every issuance, grant, transfer, and dividend
  • 14-day free trial, then published monthly plans
  • Canadian + US dual-jurisdiction support
See Octelligence cap tables
Octelligence equity timeline showing rounds and issuances

Carta: The incumbent, broadest feature set

If you're scaling fast in the US VC ecosystem and want one ecosystem covering cap table, 409A, fund admin, and equity plans, Carta is still the path of least resistance. Pulley's shutdown FAQ describes an exclusive partnership with Carta, with an assisted migration for customers who opt in by November 30, 2026. Trade-off: cost climbs fast, and it doesn't ship a corporate records layer either.

  • Deepest cap table feature set in the category
  • 409A and fund administration in one ecosystem
  • No corporate records / minute book
  • Cost escalates materially at growth stage
Carta deep dive

Mantle: Lightweight, North-America-friendly

Mantle pitches "clear equity, instantly" with AI-assisted document extraction and no per-seat pricing. Good fit for early-stage North American founders who want a cap-table-only tool that handles Canada natively. Pricing isn't published.

  • AI-assisted SAFE/term-sheet extraction
  • No per-seat pricing
  • US + Canada coverage
  • No corporate records / minute book
Mantle deep dive

Cake Equity: Multi-jurisdiction employee equity

Cake Equity is strongest if your equity story is global and employee-heavy: stock options across multiple countries, RSUs, RSAs, plus an employee-facing app. Originally Australian, now US-headquartered. Lists "10,000+ companies."

  • Strong employee-facing experience
  • Multi-country option grants
  • 409A, QSBS, ASC 718
  • No corporate records / minute book
Cake Equity deep dive

Already decided to move? Skip the comparison.

This page is for weighing options. If you're a current Pulley customer and just need the practical steps for bringing your records across (what to export, how it gets in, what gets reconciled), the migration page covers that.

Migrate from Pulley

Pulley vs the alternatives

The Pulley column describes the product as it operated before its shutdown announcement. It's kept for comparison, not as a current option.

  Pulley Historical Octelligence Carta Mantle Cake Equity
Service status Ending December 8, 2026 Available Available Available Available
Starting price Previously published annual plans; new customers now directed to Carta 14-day free trial, then published plans Free Launch; custom thereafter On request On request
Free entry option n/a 14-day trial Limited "Get started free" listed
Corporate records / minute book
Transaction authorization records
Verifiable certificates Certificate PDFs QR-verified public URL Certificate PDFs Digital grants & certs Certificate PDFs
409A valuations Varies
Canadian + US dual Was primarily US First-class Available, varies Available
Plans for firms managing client corporations Add entities to any plan Law firm packages

Direct recommendations

If you're a current Pulley customer…

Staying isn't an option past December 8, 2026. Export your records first, then pick a destination from the cards here. If it's Octelligence, here's how the move works.

Pick Octelligence if…

You want comparable cap-table depth plus a real minute book, share certificates, and registers. You're Canadian, US, or both. You'd rather start with a free trial than an annual commitment. You're a law or accounting firm.

Pick Carta if…

You're scaling in the US VC ecosystem and need 409A and fund administration in one ecosystem. Your investors and law firm already use it. The price is worth the friction it removes.

Pick Mantle if…

You're an early-stage North American founder, you want AI-assisted document handling, you don't want per-seat pricing, and you don't need a corporate records layer in the same platform.

Pick Cake Equity if…

Your employee equity is global and your differentiator is multi-country option/RSU programs and an employee-facing app, not the cap table itself.

Run two tools if…

You want a dedicated equity platform for the cap table but also a real corporate records layer. Octelligence Starter covers your minute book, register, and verified certificates alongside whichever cap table tool you choose.

FAQ

Yes. Pulley has announced that it will cease operations and services on December 8, 2026. According to Pulley's official shutdown FAQ, data remains available in a limited format until January 31, 2027.

Start by exporting and preserving your company and cap-table information: the detailed cap table workbook, stakeholder details, and the documents behind your equity, such as SAFEs, board consents, and certificates. Then decide where those records will be maintained going forward. Migrate from Pulley →

Yes. Octelligence can accommodate many of the ownership and equity records represented in a Pulley cap table, including shareholders, share classes, issuances, transfers, SAFEs, options, warrants, and restricted stock. The exact migration path depends on your existing data and export, and some records may need manual reconciliation. Migrate from Pulley →

Since September 2026, the main reason is Pulley's announced shutdown on December 8, 2026. Before that, the common reasons were needing non-US jurisdiction support, needing a corporate records or minute book layer beyond the cap table, or wanting a lower-commitment option for the earliest stage.

Octelligence and Mantle are the two natural fits for Canadian or Canadian-and-US dual-jurisdiction corporations. Octelligence additionally bundles your minute book and verifiable share certificates with the cap table, which Canadian counsel typically expects.

Octelligence includes a structured corporate records book (minute book), QR-verified share certificates with public verification pages, and first-class Canadian + US dual-jurisdiction support. Pulley focused on the US cap table and finance workflows.

Yes. Pulley's platform included 409A valuations and ASC 718 reporting. Octelligence does not offer 409A valuations. If you need 409A bundled with your cap table tool, Carta or Cake Equity offer it; many companies use an independent valuation firm instead.

Octelligence does not have a free plan. It offers a 14-day Starter trial covering structured corporate records, share register, share classes, and a cap-table view for one corporation, then published paid plans. Carta lists a limited free tier. Check each vendor's pricing page for current figures.
Want a cap table that comes with a real corporate record?

Start a 14-day free trial, import your share classes, and try Octelligence in your own corporation. Cap table, minute book, and certificates in one place from the start.

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