Review · Finance & accounting
Capbase review
Startup operating platform that combines incorporation, stock issuance, a cap table, stock plans, an investor CRM and compliance tracking for one yearly fee.
By the TopToolAdvisor research desk · Updated November 9, 2026
- Features (35%)
- 7.4
- Ease of use (35%)
- 8.6
- Value (30%)
- 8.4
Capbase is less a pure cap table tool than a back office for the first years of a startup. Its single Early Stage Startup plan costs $999 per year and covers incorporation, stock issuance, board setup and a cap table that fills itself in as shares are issued and deals are executed. The same subscription includes employee stock plans with option issuance, an investor CRM with a Chrome extension, digital fundraising with term sheets and electronic wire transfers, document sharing for due diligence and a compliance calendar for state and federal deadlines. Capbase also lists perks from partners such as Mercury, Brex, Deel and AWS. That breadth is the appeal for a first-time founder who would otherwise juggle a lawyer, a spreadsheet and a separate CRM. The limits are clear too. There is no free plan, the pricing page does not list a 409A valuation, and the reporting depth that auditors ask for later, such as ASC 718, is not described.
Who it is for
First-time founders who want to incorporate and run a clean cap table from day one in one subscription.
Price
Early Stage Startup plan $999 per year.
manage a clean cap table, and more! $999 / year
Quoted from the vendor pricing page on November 9, 2026.
Key features
- Incorporation, stock issuance and board setup
- Automated cap table that fills in as shares are issued and deals are signed
- Employee stock plans with option issuance
- Investor CRM with a Chrome extension and digital fundraising with term sheets and wires
- Compliance calendar for state and federal filing dates
Strengths and weaknesses
- Strength: One price covers incorporation and the cap table
- Strength: Cap table updates itself as you issue shares
- Strength: Partner discounts on banking, payroll, insurance and bookkeeping
- Weakness: No free plan
- Weakness: No 409A valuation listed in the plan
- Weakness: Fewer reporting tools for later-stage companies than Carta or Ledgy
Key facts
- Early Stage Startup: $999 per year
- Includes: Incorporation, stock issuance, board setup, cap table
- Fundraising: Term sheets and electronic wires
- Banking: Mercury integration
- Raised on platform: $40M+ per Capbase
Where it ranks
Capbase is No. 8 in our Best Cap Table Management Software verdict.
Alternatives we scored
- Mantle8.9
- Cake Equity8.8
- Eqvista8.4
- Qapita8.4
Visit capbase.com · Questions or corrections: editorial@toptooladvisor.com