$28M
Post-money
Equity Management
Cap Table · File.Business
Equity tracked right from the start.
Issue founder stock, employee options, SAFEs, and priced rounds. Track ownership, vesting, exercises. Model dilution scenarios for fundraising. Carta-quality at a fraction of the price.
Pay only the state fee
60-day money-back
Cancel anytime
What it is
Cap Table, plainly.
A cap table is the spreadsheet (or, properly, the database) that records every share, option, warrant, and SAFE outstanding in your company. It tracks who owns what percentage on a fully-diluted basis. The cap table is the second most important document at every fundraise (after the pitch deck) and the first thing every acquirer asks for.
Most founders start with a Google Sheet. It works for the first 2 to 3 stakeholders. Then options get issued, vesting starts ticking, SAFEs convert at different valuation caps, and the math gets impossible. Errors compound: stakeholders question their numbers, lawyers spend $20,000 reconciling at the next round.
A proper cap table tool keeps every issuance recorded with the right legal documents, calculates dilution scenarios in seconds, manages vesting schedules per employee, generates 409A valuations (with partner provider), and exports to PDF or Excel for investor diligence. We do all of this at a price that does not require a fundraise to afford.
Who this is for
Common situations.
Bootstrapped foundersEven without outside funding, having a clean cap table from day one matters.
Pre-seed and seedSAFEs from angels, founder equity, the first option pool.
Companies hiringStock option grants to early employees with vesting schedules.
Funded startupsPre-seed through Series A. Active stakeholder management.
Multi-entity holdingsA parent + subsidiaries, each with its own cap table.
International foundersUS C-Corp cap tables managed from anywhere.
What we'll set up for you
A clean handoff, in four steps.
You give us the basics. We handle the state, the IRS, and the compliance clock so you can focus on the business.
01 · Name + Brand
A name that's actually available.
Real-time check against the state register, USPTO trademark database, and matching domains.
02 · State filing
Filed with the Secretary of State.
We submit your Articles, pay the state fee on your behalf, and return the stamped certificate.
03 · Federal IDs
EIN + the right tax setup.
Federal Employer ID with the IRS, plus state tax accounts when your business needs them.
04 · Stay compliant
Registered Agent + deadline tracking.
Your agent on file in every state, with every renewal and annual report tracked in one calendar.
How it works
Four steps. We handle the rest.
FoundersIssue founder common stock with vesting where appropriate.
Option poolAuthorize a pool, grant options to first hires.
InvestorsIssue SAFEs or priced-round shares as you raise.
ModelSee dilution at next round before the term sheet lands.
Side by side
How we compare.
| Carta | Pulley | Capbase | File.Business | |
|---|---|---|---|---|
| Annual cost | $2,800+ | $1,200+ | $1,200+ | $300 / free <50 |
| SAFE issuance | yes | yes | yes | yes |
| Dilution modeling | yes | yes | yes | yes |
| 409A | add-on | add-on | add-on | partner |
| Single bill with formation | no | no | formation only | yes |
Based on publicly listed pricing and feature pages as of 2026. Competitor names are trademarks of their respective owners.
FAQ
Common questions.
Is this only for C-Corps?
Cap tables are most common for C-Corps (the structure for raising venture capital). LLCs use member ledgers, which we also support.
SAFEs supported?
Yes. YC standard, post-money, valuation cap and discount, MFN clauses.
Vesting schedules?
Yes. Standard 4-year cliff-1-year is default; custom schedules supported. Cliff acceleration on termination or change of control supported.
409A?
We handle the cap table; 409A valuations come from a partner provider (Eqvista, Carta Valuations, others). Pricing $1,500 to $3,500.
Pro forma at next round?
Yes. Model the dilution from a term sheet before you sign.
Stakeholder access?
Yes. Each stakeholder can view their own holdings (we do not show them yours).
Exports?
PDF (cap table summary), Excel (full detail), JSON (programmatic).
Investor diligence?
We package the full cap table, all issuance documents, and vesting schedules for due diligence request lists.
Pricing?
Free under 50 stakeholders. $300/year above that.
Set up your cap table in about 5 minutes.
Tell us a few details. We do the rest. You get a single dashboard for everything.
Pay only the state fee
60-day money-back
Cancel anytime
Bundle & save
Recommended add-ons
Most customers add these to keep their business compliant year-round.
Registered Agent
Most orderedRequired for every registered business entity in every state.
$99
/year
Add →
Compliance Monitoring
Best valueTrack every annual report, registered agent renewal, and license deadline.
$19
/month
Add →
Annual Report Filing
RecommendedAuto-file your state annual report. Never miss a deadline.
$99
/year
Add →
Why File.Business
Premium compliance, no service-fee markup.
Trust you can verify
SOC 2 Type II audited platform. 220,000+ businesses served. 60-day money-back on service fees. State fees passed through at cost with no hidden markup. Explicit AUP on restricted industries.
A compliance partner, not a transaction
Most providers go quiet after checkout. We auto-track every annual report, registered agent renewal, and license deadline across your entities. The Business OS dashboard keeps your compliance score visible year-round.
Premium experience competitors cannot match
Premium positioning, transparent pricing, no service-fee markup on state or federal filings. Premium positioning, transparent pricing, no service-fee markup on state filings.