Simplifying

Cap table

Cap Table

Stock Options

Stock Options

Shareholder

Fundraising

Fundraising

Cap table

Cap Table

Cap Table

Cap Table

Stock Options

Shareholder

Fundraising

Fundraising

Cap Table

Cap Table

Cap Table Stock Options Shareholder Fundraising Stock Options

Management

We empower global businesses by streamlining equity management to help them grow from seed → IPO

Equtiy Management Momentum LeaderEqutiy Management High PerformerEqutiy Management User Love Us

Managing equity for 650+ companies

angelone logo
apar logo
blackbuck logo
bluestone logo
cleanmax logo
jar logo
jupiter logo
leap logo
leapfinance logo
livsspace logo
orange healthlabs logo
rapido logo
shiprocker logo
slice logo
tabby logo
tacobell logo
tata consumer products
wingify logo
smallest.ai logo
angelone logo
apar logo
blackbuck logo
bluestone logo
cleanmax logo
jar logo
jupiter logo
leap logo
leapfinance logo
livsspace logo
orange healthlabs logo
rapido logo
shiprocker logo
slice logo
tabby logo
tacobell logo
tata consumer products
wingify logo
smallest.ai logo
angelone logo
apar logo
blackbuck logo
bluestone logo
cleanmax logo
jar logo
jupiter logo
leap logo
leapfinance logo
livsspace logo
orange healthlabs logo
rapido logo
shiprocker logo
slice logo
tabby logo
tacobell logo
tata consumer products
wingify logo
smallest.ai logo
angelone logo
apar logo
blackbuck logo
bluestone logo
cleanmax logo
jar logo
jupiter logo
leap logo
leapfinance logo
livsspace logo
orange healthlabs logo
rapido logo
shiprocker logo
slice logo
tabby logo
tacobell logo
tata consumer products
wingify logo
smallest.ai logo
atomberg logo
biz on go
ditto logo
divetrain logo
giva logo
healthify logo
mosaic logo
dezerv logo
noise logo
plum logo
prostyn care
smallcase logo
sarvam logo
spotdraft logo
stable money logo
ultrahuman logo
urbanpiper logo
zerodha fund house logo
zooper logo
atomberg logo
biz on go
ditto logo
divetrain logo
giva logo
healthify logo
mosaic logo
dezerv logo
noise logo
plum logo
prostyn care
smallcase logo
sarvam logo
spotdraft logo
stable money logo
ultrahuman logo
urbanpiper logo
zerodha fund house logo
zooper logo
atomberg logo
biz on go
ditto logo
divetrain logo
giva logo
healthify logo
mosaic logo
dezerv logo
noise logo
plum logo
prostyn care
smallcase logo
sarvam logo
spotdraft logo
stable money logo
ultrahuman logo
urbanpiper logo
zerodha fund house logo
zooper logo
atomberg logo
biz on go
ditto logo
divetrain logo
giva logo
healthify logo
mosaic logo
dezerv logo
noise logo
plum logo
prostyn care
smallcase logo
sarvam logo
spotdraft logo
stable money logo
ultrahuman logo
urbanpiper logo
zerodha fund house logo
zooper logo

650+

Customers

60,000+

Stockholders

$4B+

Options Managed

0 +

Customers

0 +

Stockholders

$ 0 Bn+

Options Managed

Built For Modern Businesses

An operating system designed for you to scale

Without EquityList
Complex cap table management, scattered data, manual contract signing & poorly managed investor updates.
Without EquityList
With EquityList
Simplified cap table management & single-source of truth builds trust, brings confidence and peace of mind.
With EquityList
Without EquityList
With EquityList

TOP FEATURES

One stop shop for equity & shareholder management

Cap table management

  • Seamlessly issue & track securities from EquityList
  • Single source of truth for all transactions & shareholders
  • Upgrade investor relations with dashboards, data rooms & updates
  • Manage AngelList India syndicates & RUV s on your cap table

Cross-border shareholding

  • Simplify complex cross-border shareholding across subsidiaries
  • Manage put-call structures and visualize dilution
  • Complete overview of your organization in a single dashboard

Equity compensation

  • Offer equity grants to your employees in minutes
  • Seamlessly manage multiple ESOP and SAR schemes
  • Engage employees with intuitive dashboard and equity notifications
  • Attract talent and relay the value of your equity via Offer Portals

Compliance and advisory

  • Get valuation exercises for companies in India, Singapore, and US (409A) in a week
  • Run recurring board and shareholder consent workflows with ease
  • Get your ESOP and SAR schemes created by EquityList’s team of experts

OUR INVESTORS

Backed by partners who trust our vision

Julian Jung
Managing Director

EquityList recognizes the untapped opportunity in emerging markets for equity management. The company has a commitment to streamlining the complexities of cap tables, stock options, and board management through its vision of building a de-facto start-up operating system. We are thrilled to be a part of this journey and help seed growth in such a pivotal space and region.

Shiyan Koh
Co-Founder & General Partner

Equity ownership and the ability to participate meaningfully in the upside of a startup is something that we feel is important to a well-functioning startup and innovation ecosystem. Equitylist is making that possible through their startup OS - issuing, managing, and understanding equity will be easy for all stakeholders (founders, employees, investors, and board members).

Peter Livingston
Founder & General Partner

I love EquityList because they are building critical infrastructure for startups in one of the most populous countries in the world. More startups equals more wealth: in products and services available to customers, in jobs, in investment returns, and in life-changing wealth for the key founders and leaders. EquityList is doing one of the most impactful things to make building startups in India easier.

Jai Sumer Singh
Founding Partner

Equity is the primary way of wealth creation. Surprisingly, the approach to manage and allotting equity has remained outdated, resulting in companies spending more time than they should on compliance and equity management. Equitylist is an OS for all things related to equity, saving precious bandwidth while delivering a great experience to employees.

Utsav Somani
Partner

Managing equity is a global challenge with several compliances. EquityList is transforming how equity is set up and managed for modern businesses. We believe this is a multi-billion dollar opportunity, along with EquityList's mission of democratizing technology to impact wealth creation significantly. We are thrilled to be a part of the company's growth for empowering businesses from seed to IPO!

INNOVATION FIRST

Exceptional products for outstanding teams

We enable our customers with powerful and intuitive tools with in-depth insights to make smarter decisions about their equity and ownership. EquityList is globally recognized as one of the top equity management platforms for scaling businesses. You deserve a partner that goes the extra mile for you, EquityList has you covered.

TRusted data security

Best-in-class compliance for your data

  • ⁠Data secured with cutting-edge encryption technology
  • ⁠Compliant with GDPR regulations for data protection
  • ⁠Achieved SOC 2 Type 2 certification for robust security
  • ⁠Adhering to ISO 27001 for information security excellence

TESTIMONIALS

Our customers are our biggest fans!

We wanted to ensure that the real pillars of growth for us - our employees- are rewarded equitably. EquityList was a no-brainer for us in terms of trust and digitization. The quality of support and onboarding was a superior experience. We see this being one of the most important platforms that companies will have to use going forward.

Jagadeesan Kumar
CFO and Head, Corporate Development

As a growing company, managing equity and ownership structures had become a complex and time-consuming challenge. Equitylist saved us not only time but also minimized the risk of errors that often accompany manual processes. What truly sets it apart is the exceptional support- from onboarding to ongoing- by the team, their dedication to ensuring our success was evident.

Rupal Rajal
Head HR

EquityList has transformed the way we manage equity. EquityList’s sophisticated tools have enabled us to optimise our pool usage, ensuring that remaining stock options are strategically allocated for subsequent grants. In essence, EquityList has elevated our equity management to an entirely new level. It has become an indispensable asset in our equity strategy.

Nilangi Netravalkar
Admin, Operations & Payroll Specialist

EquityList has significantly increased the credibility of ESOPs among our team members, making the ESOPs more tangible by showcasing the potential monetary growth achievable over the long term. It has also considerably reduced operational efforts and provided the People team with a comprehensive view of the ESOPs pool at macro and micro levels.

Shiffana MK
People & Culture

We came across EquityList in 2020, which has since helped us manage our cap table and employee grants in one place. Employees, too, can visualize and easily comprehend the value of their growing stock through their dashboard. EquityList provides a productivity suite that allows us to maintain a single repository of all data and documents for seamless operations!

Revant Bhate
Co-Founder & CEO

We believe in generating wealth for our employees and, therefore, use EquityList to issue multiple grant letters and provide real-time visibility on the valuation updates, which helps boost their confidence and gives them a bird’s-eye view of their impact on the organization's growth. Data analysis and pool utilization views enable us to use the remaining stock option pool effectively!

Kaushal Pawar
Director People & Culture

EquityList helped us transition from managing ESOPs on scattered Google sheets to managing them professionally. We now have a comprehensive grasp of our cap table, as dashboards provide a great overview of shareholders, available options, dilutions, and valuation trends. EquityList makes sharing details with investors and auditors hassle-free, making the process error-free!

Deepanshu Arora
Co-founder and CEO

We have been using EquityList since Nov'20, and it has proven to be a great platform to manage ESOPs. The UX is simple and intuitive for employees and administrators and can be used with little or no training. The platform makes the administrator's job of managing the ESOP pool and reporting pretty easy. Congratulations to the team for building a great product

Bikramjit Singh
Head - Business HR

EquityList enabled us to move from manual to a sophisticated and automated setup for issuing ESOPs. We were able to improve the visibility of our employees into their ESOPs, thus motivating and improving their experience of having equity compensation. EquityList hosted Bizongo’s maiden ESOP buyback program worth $3.7M - and it was one of the most seamless product experiences.

Aarfa Shaikh
Associate Director, People Success

After raising series B, managing our ESOPs and cap table on Excel became tough and inefficient, and we wanted to digitize it. We found EquityList as one of the best tools available. We could get this setup done quickly and get used to it with its easy-to-use interface. I will highly recommend to folks struggling with managing cap-table and ESOPs for employees.

Saurabh Gupta
CEO and CoFounder

From promptly addressing our queries to providing regular updates on plan performance, EquityList’s communication style fosters a sense of transparency and trust. The workshops and resources you offer have helped bridge knowledge gaps and ensure that everyone involved has a clear understanding of the benefits and implications of the stock options plan.

Akshay Jain
Senior Manager

Since 2020, the EquityList team and their software have helped us streamline and automate some of our most crucial financial aspects like the ESOP management, grants, and reports. We strike a chord with this team as we both focus on creating great user experiences.

Mikami Chandrasekaran
Associate Director, People Operations

With EquityList  we’re efficiently managing a cap table of 20 investors and ESOP data for ~600 employees. Their team even participated in our company town hall to provide a detailed product walkthrough and address related questions. Using EquityList, we’re now more capable in showing our employees the potential for wealth creation and reinforce our cultural value of ownership.

Karan Vanwani
Strategy, Tabby

We were using another platform; customization was a challenge and then later their pricing also became unsustainable. We switched to EquityList because we needed a flexible and cost-effective solution. The platform is user-friendly - employees can easily check their ESOP details and company administrators have multiple customizations for reporting, dashboards, and access controls.

Ayush Sinha
Vice President & Head of People

Managing cap tables for multiple entities within our company structure was tricky, but EquityList made it easy. To start issuing ESOPs, we needed a new scheme and we used their advisory services to create one. We’re also using the platform to issue digital share certificates to investors, and with all our other stakeholders now on EquityList, it’s super easy to manage them.

Sanidhya Narain
CEO

EquityList has been an invaluable tool. It’s highly customizable, meeting our specific use-case needs, including those for an India-US company structure. The platform is a centralized system to track equity instruments, manage vesting schedules, and stay compliant with regulations. The employee-side dashboards have also brought in greater transparency.

Snehanshu Gandhi
Co-Founder

Get started with EquityList today

Swift data migration & onboarding within 24 hours.

Frequently Asked Questions

Answering some common questions you might have

What is EquityList?

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How is EquityList related to AngelList India?

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What businesses does EquityList support?

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How can startups use EquityList apart from cap table and stock options management?

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Is EquityList available for free?

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How do we get started with setting up an account on EquityList?

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Your Equity Agent at work.

An AI-native cap table and compliance operating system for private and public companies. Run your ownership ledger, equity grants, exercises, buybacks, and expense reporting– agentically.

Trusted by 650+ ambitious companies worldwide

Swiggy

India · Public

Headout

United States · Series B

AngelOne

India · Public

Tabby

UAE · Series E

Livspace

Singapore · Unicorn

Zerodha Fund House

India · Bootstrapped

Tarabut

UAE · Series A

TATA Consumer Products

India · Public

Sarvam

India · Series B

Healthify

Singapore · Series C

Salla

Saudi Arabia · Pre-IPO

Smallest

United States · Series A

Your ownership ledger is the record,the intelligence sits on top.

Traditional cap table tools maintain a register, store grant records, and log valuations. But your ownership ledger has to speak to your investment documents, company articles, equity policies, and board minutes. Today, this reconciliation is a person downloading reports and manually stitching context.

Our AI agents synthesise all of it: plan rules, cap table transactions, valuation reports, and more. Every query and action is grounded to your documents, not inferred. A deterministic ownership math that doesn't hallucinate.

Try on your own data

Equity Plan 2024

POLICY · 14 pages

Grant Deed — J. Rao

DEED · countersigned

Board Resolution #14

MINUTES · 12 Aug

Shareholders' Agreement

SHA · v3.2

PAS-3 · Series B

FILING · MCA

409A Valuation Memo

VALUATION · Q2

ingesting 6 documents 41 rules extracted dispatching 3 agents watching · 41 rules live

Compliance Agent

reads your policy · checks every record

3/3
  • Flag 3 grants over pool ceiling
  • File PAS-3 for Series B
  • Reconcile 412 grant records

Scheduler Agent

books the calendar · chases approvals

3/3
  • Board approval — 14 Sep
  • Vesting run — 1 Oct
  • Remind 2 approvers

CFO Agent

pool health · dilution · burn

3/3
  • Refresh 409A inputs
  • Pool runway — 7 months
  • Model Series C dilution

No two listed companies operate the same way.We run equity on your policies.

Once you're listed, exercises stop being an event and becoming routine. Employees transact against a live price, tax calculations have to be right, and payments have to reconcile.

We track the daily price, derive FMV around trading holidays and restricted periods, hold the window, and process exercises with the payments reconciled in one place. Your approval chains, your blackout rules, your workflows — configured, not defaulted.

  • Trading windows
  • Insider clearance
  • Regulatory filings
  • Registrar & depository
  • Dematerialisation
  • Trust operations
  • Bulk actions
Public companies →For public companies
EquityList
Trading window · Q3 FY26 Listed · 11,482 holders
Open Closed · results blackout Closes in 02:41:18 Closes in 00:58:04 Closes in 00:11:37 Reopens 18 Aug, 09:15
Designated persons Pre-clearance
Aarav MehtaManaging Director Cleared Locked
Sofia LindqvistChief Financial Officer Pending Cleared Locked Rohan
Daniel OkaforBoard Cleared Locked
Priya RaghavanDesignated person Cleared Locked
Disclosure filed for 3 trades · 14:02, nobody drafted it Register reconciled with the depository · 11,482 holders
EquityList
Equity Pool 2024 Plan · Approved 12 Mar
480,000 authorised
Granted 331,200 This grant 12,000 24,600 38,400 52,000 Free 136,800 124,400 109,600 96,800
Drawn this quarter
Ana VidalSr. Engineer 12 Aug 18,000
Marcus ReedDesign lead 04 Aug 9,500
Chen WeiEnterprise Sales 28 Jul 14,200
New grant Gregory Hirsch · Staff Engineer
Priya
12,000 24,600 38,400 52,000
Pool covers 11 more grants 5 more grants 2 more grants 1 more grant at this size Board top-up

While you're private, your cap table is a record. We keep it ready.

You're never not fundraising. New grants, exercises, transfers, and buybacks keep changing who owns what, while the next round is already being modelled.

We keep the fully diluted cap table, approvals, and underlying documents current as they happen — so diligence is an export, not a project. Board and shareholder approvals collected in the right order. Periodic investor updates sent. And a dashboard where shareholders and employees can see what they own, the one thing private markets rarely tell them.

  • Equity plans
  • Grant issuance
  • E-signatures
  • Employee dashboard
  • Cap table & modelling
  • Buybacks & liquidity
  • 409A & FMV
For private companiesPrivate companies→

Skip the weeks-long onboarding. Sign up and get started in minutes.

Unlike every other platform that puts you in an onboarding queue, we let you in now. Load your own cap table and decide for yourself.

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Every equity operation, from routine to complex.

One cap table, every instrument on it.
SAFEs, shares, warrants, debentures,and grants.

Every security you issue records with its own terms, and the fully diluted cap table moves the moment it does. When a holder exercises, the pool draws down, the shares issue, and their proof of title register as a shareholder — one movement, one audit trail, not three systems arguing over it. Post any variation isn’t a separate ledger.

EquityList
Cap table · fully diluted 34 35 holders
1,000,000 shares, fully diluted
Founders 600,000 60.0%
Investors 250,000 25.0%
Option pool 150,000 · 15.0%
Granted 92,000 104,000 9.2% 10.4% Available 58,000 46,000 5.8% 4.6%
New grant 4 years · 1 year cliff · $1.20 strike
Priya Raman · Engineering 12,000 options
Issue grant Issued · cap table updated Elena

Model it before you sign it

See the dilution a new valuation, a pool top-up or a single grant creates while the terms are still yours to change.

One record, every instrument

Every transfer, split and repurchase recorded with a timestamp, audit trail, and the reasoning behind it — back to incorporation.

Global equity operations

Issue, vest, and exercise across jurisdictions, with local tax treatment applied per holder.

Every entity, one structure

Parent and subsidiaries each with their own cap table and pools, rolled up into a single dashboard and comprehensive reports.

Expensing and disclosures

ESOP expense under Ind AS 102 and IFRS 2, plus disclosure and financial-year reports, generated off the live register.

Your stakeholders shouldn't have to ask.
Holdings, updates and consents, without the chasing.

Because every holder, class, and grant already sits on the platform — pulling the right list stops being a task. Select who a resolution or update applies to, generate the documents against live holdings, and send. Consents come back tracked, with approval and signature trails. Dashboards give investors and grant holders the transparency and a view of their own holdings.

A dashboard for every holder

Investors and grant holders each see their own position as valuation updates.

Consents, tracked to completion

Board, shareholder, and grant holder consents executed with ease. A hundred signatures or a thousand, sent and tracked seamlessly.

From investor updates to vesting slips

Investor updates from the saved templates, vesting slips as tranche vests, and a full history for what each stakeholder has received and opened.

A buyback shouldn't need a new spreadsheet.
Buybacks, bonus programs, and exercise policies.

Most platforms record corporate actions after someone else has worked them out. Here you design the program itself — eligibility, cohorts, settlement, sequence — and run it against the live register, with the grants and paperwork updating as it executes.

EquityList
Corporate actions Board approved · full audit trail
Buyback Share split Surrender Elena
120,000 5 : 1 46,000
shares bought back from 14 holders at $8.60 every share becomes five, on the record date unvested options returned to the pool by 3 leavers
Effect on the register Now After
Shares outstanding 8,000,000 7,880,000 40,000,000 8,000,000
Holders on record 214 200 214 214
Option pool available 460,000 460,000 2,300,000 506,000
Generated Board resolution · letters of offer · updated register Board resolution · revised certificates · updated register Surrender deeds · pool credited · updated register

Buyback and tender programs you design

Build the program, define cohorts by vesting, tenure or entity, and set the settlement method for each.

Exercise workflows on your terms

Set the order of steps — request, letter signature, payment, allotment — with enforcements and tax computed at each exercise.

Bonus issues that reach the grants

Set the program and conversion ratio once — outstanding grants, exercise and bonus calculations, and tax computations all adjust with it.

See who chose EquityList, and
why they stay.

companies650+
stakeholders80,000+
securities managed$20B+
continents5
countries16

120+ companies switched this year.

Most were running on EquityList inside two days. Grants, vesting schedules and the history behind them come across intact, so nothing gets rebuilt by hand.

Switched from Carta and other platforms

“EquityList was a no-brainer for us in terms of trust and digitization. The quality of support and onboarding was a superior experience.”

Jagadeesan Kumar

CFO and Head, Corporate Development, Kapp

“EquityList saved us not only time but also minimized the risk of errors that come with manual processes. The support from onboarding onward has been exceptional.”

Rupal Rajal

Head HR, Rupifi

“EquityList's sophisticated tools have enabled us to optimise our pool usage, ensuring remaining stock options are strategically allocated for future grants.”

Nilangi Netravalkar

Admin, Operations & Payroll Specialist, LimeChat

“EquityList has significantly increased the credibility of ESOPs among our team, making the potential monetary growth feel tangible.”

Shiffana MK

People & Culture, Nova

“EquityList enabled us to move from a manual to a sophisticated, automated setup — and hosted our maiden ESOP buyback program worth $3.7M.”

Aarfa Shaikh

Associate Director, People Success, Bizongo

“With EquityList we're efficiently managing a cap table of 20 investors and ESOP data for ~600 employees.”

Karan Vanwani

Strategy, Tabby

“We switched to EquityList because we needed a flexible, cost-effective solution. It's user-friendly — employees can easily check their ESOP details.”

Ayush Sinha

VP & Head of People, Healthify

“Managing cap tables for multiple entities within our company structure was tricky, but EquityList made it easy.”

Sanidhya Narain

CEO, Kaagaz

“EquityList helped us transition from managing ESOPs on scattered Google sheets to managing them professionally.”

Deepanshu Arora

Co-founder and CEO

Enterprise-grade security, built for AI.

Your documents stay encrypted and isolated to your account. Our agents work on them there, and what reaches a model is a stripped-down question — never your files.

How the AI works on your data, and what never leaves.

Built in, not plugged in.

Our agents run on our proprietary data model of your ownership, not a connector guessing at rows in your account. Nothing outside holds a key, and the figures come from your register.

Only the question crosses.

We work out the least needed to answer you — a short window of the conversation, and only the records your question touches. Your documents stay put.

Identities are stripped before it does.

Names, contact details, government and tax identifiers, and bank details are found and replaced with placeholders before the request leaves.

Nothing is kept, and nothing is learned.

It runs over an encrypted connection, inside an isolated environment we control. When the answer comes back the data is deleted — never stored, never read by a person, never used to train a model.

You ask

How many options does John Lennon have left to vest?

What leaves your account

How many options does <person_1> have left to vest?

Plus the vesting rows that question touches.

What never leaves

Who <person_1> actually is. Your documents. The register. Every other holder's row.

What we keep

Nothing. The answer comes back and the data is gone.

Independently audited

SOC 2 Type II

ISO 27001:2022

GDPR (EU)

DPDP Act

Try it out yourself!

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