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Carta vs Pulley: Which is Better in 2026?

Choosing between Carta and Pulley comes down to understanding what each tool does best. This comparison breaks down the key differences so you can make an informed decision based on your specific needs, not marketing claims.

Bottom line: Carta wins this matchup. Our overall Entity Management pick is Pulley. Our free Entity Management pick is Tailor Brands. Pick Pulley if you need a free tier to start with.

··Methodology
Editor reviewed0 verified reviews comparedPricing checked Sep 2026

Short on time? Here's the quick answer

We've tested both tools. Here's who should pick what:

Carta

Equity management and cap table software

Best for you if:

  • You want cap table management leader
  • You want 409A valuations

Pulley

Equity management for startups

Best for you if:

  • You want a free tier before you commit
  • You want modern cap table management
  • You want more affordable than Carta
At a Glance
CartaCarta
PulleyPulley
Starts at
$299/monthStarter
FreeFree tier available
Best For
FinanceFinance
Rating
3.7/54.7/5
Free plan
No Yes

Choose Carta or Pulley?

Carta

Choose Carta if

Equity management and cap table software

  • You want cap table management leader
  • You want 409A valuations
  • Budget matters ($299/month vs Free)
Pulley

Choose Pulley if

Equity management for startups

  • You want a free tier before you commit
  • You want modern cap table management
  • You want more affordable than Carta
FeatureCartaPulley
Pricing ModelPaidFreemium
User Rating
3.7/5
238 reviews
4.7/5
135 reviews
Categories
FinanceEntity Management
FinanceEntity Management

In-Depth Analysis

CartaCarta

Equity management and cap table software

Starts at $299/month
Good value

Carta's pricing is quite generous for early-stage startups with its free 'Launch' tier, offering essential cap table and basic 409A.

Watch out

Potential overage fees for stakeholders beyond tier limits.

Strengths

  • +Cap table management leader
  • +409A valuations
  • +Equity management
  • +Investor relations
  • +Industry standard

Weaknesses

  • -Expensive
  • -Per-stakeholder pricing
  • -Overkill for small companies
  • -Complex for simple needs
  • -Migration difficult

Key features

Equity managementCap table409A valuationsFund adminInvestor servicesLiquidity

PulleyPulley

Equity management for startups

Starts at Free
Good value

Pulley's Starter tier at $1200/year is fair for early-stage startups needing essential cap table management and 409A valuations.

Strengths

  • +Modern cap table management
  • +More affordable than Carta
  • +Good UX
  • +409A valuations
  • +Transparent pricing

Weaknesses

  • -Smaller than Carta
  • -Less features
  • -Newer platform
  • -Limited integrations
  • -US focused

Key features

Equity managementCap table409A valuationsOption managementScenario modelingCompliance

Pricing: Carta vs Pulley

PlanCartaPulley
Tier 1
Free
Launch
$1200
Starter
Tier 2
$299 month
Starter
Custom
Growth
Tier 3
Custom
Growth
N/A
Tier 4
Custom
Enterprise
N/A

Pricing verified from each vendor's public pricing page. Compare in detail on Carta pricing and Pulley pricing.

Who Should Use What?

On a budget?

Pulley has a free tier. Carta is paid only.

Go with: Pulley

Want the highest-rated option?

Carta: 3.7/5 (238 reviews). Pulley: 4.7/5 (135 reviews).

Go with: Pulley

Value user reviews?

Carta: 238 reviews (3.7/5). Pulley: 135 reviews (4.7/5).

Go with: Carta

3 Questions to Help You Decide

1

What's your budget?

Carta is paid. Pulley is freemium. Pulley lets you start free.

2

What's your use case?

Both are finance tools. Compare their specific features to decide.

3

How important are ratings?

Pulley is rated higher: 4.7/5 vs 3.7/5.

Key Takeaways

Carta

  • Larger review base (238 reviews)
  • Our pick for this comparison

Pulley

  • Has a free tier
  • Higher user rating: 4.7/5 vs 3.7/5

The Bottom Line

Carta wins this matchup. Our overall Entity Management pick is Pulley. Our free Entity Management pick is Tailor Brands. Pulley has a free tier if you want to test without paying.

Frequently Asked Questions

Is Carta or Pulley better?

Carta is rated in our evaluation. Carta is paid and Pulley is freemium.

What are Carta and Pulley used for?

Carta: Equity management and cap table software. Pulley: Equity management for startups.

What does Carta cost vs Pulley?

Carta is a paid tool. Pulley is freemium (free tier + paid plans). Visit their websites for detailed pricing.

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