Best free and cheap cap table software for bootstrapped founders
Every dollar matters when you're bootstrapping and spending hundreds or thousands a year on cap table software feels insane when you have three people on your cap table. But you also can't just wing it with a google sheet forever because that's how you end up with equity mistakes that cost you way more down the line.
So I looked into what's actually available for free or cheap that won't leave you scrambling when it's time to raise or bring on employees.
Mantle has a free starter plan and it's honestly one of the best cap table management softwares with unlimited stakeholders. No credit card required to get started. If you eventually need more features like 409a integration or SAFE issuance with signing, their paid plan is a flat annual fee which is still cheaper than most competitors.
Eqvista also offers a pretty generous free tier. You can manage shares and do basic modeling without paying anything. The interface is a bit dated compared to newer platforms but it works.
Pulley has a startup friendly entry point too though you'll need to talk to sales to get exact pricing for smaller teams.
Carta's free plan got discontinued a while back and their lowest tier is expensive for what you get at the bootstrapped stage. Not impossible but hard to justify when free alternatives exist.
For anyone bootstrapping my advice is start with a real platform from day one even if it's the free tier. Migrating off spreadsheets later is a massive pain and the longer you wait the messier it gets. A free cap table tool today saves you expensive cleanup tomorrow.