Alternatives
Carta alternatives: how to evaluate them
Most teams looking for a Carta alternative want the same things: an ownership record they can trust, modelling they can reproduce, diligence material in one place, and pricing they can predict. This page sets out how to evaluate any option on those four axes, and states plainly what Perseids provides. Nothing here restates another vendor's current pricing or feature set.
The four things worth testing
- 1Ownership record: can you see every transaction that produced today's position, and can you export it?
- 2Modelling: does a round scenario read the live ledger, and does the same input always produce the same output?
- 3Diligence: do the documents an investor asks for live beside the ownership record, with permissions and an access log?
- 4Cost: is the price published, in your billing currency, and what happens to your data if you downgrade?
Where Perseids fits
| Capability | Perseids | Other providers |
|---|---|---|
| Cap table | Append-only ledger covering shares, options, warrants, SAFEs and notes | Check provider for current availability/pricing. |
| Scenario modeling | Deterministic round, dilution, pool and conversion modelling | Check provider for current availability/pricing. |
| Data room | Permissioned rooms with NDA gating, watermarking and access logs | Check provider for current availability/pricing. |
| Fundraising tools | Round modelling and investor-ready ownership views | Check provider for current availability/pricing. |
| Investor features | Investor workspace with connected positions and provenance | Check provider for current availability/pricing. |
| Pricing transparency | Plan prices published in GBP, USD and EUR | Check provider for current availability/pricing. |
| Supported company types | Private companies, including pre-incorporation entities | Check provider for current availability/pricing. |
| Collaboration | Company, investor, employee and partner roles | Check provider for current availability/pricing. |
| AI functionality | AI explains and proposes; a person confirms every ledger write | Check provider for current availability/pricing. |
Cap table
- Perseids
- Append-only ledger covering shares, options, warrants, SAFEs and notes
- Other providers
- Check provider for current availability/pricing.
Scenario modeling
- Perseids
- Deterministic round, dilution, pool and conversion modelling
- Other providers
- Check provider for current availability/pricing.
Data room
- Perseids
- Permissioned rooms with NDA gating, watermarking and access logs
- Other providers
- Check provider for current availability/pricing.
Fundraising tools
- Perseids
- Round modelling and investor-ready ownership views
- Other providers
- Check provider for current availability/pricing.
Investor features
- Perseids
- Investor workspace with connected positions and provenance
- Other providers
- Check provider for current availability/pricing.
Pricing transparency
- Perseids
- Plan prices published in GBP, USD and EUR
- Other providers
- Check provider for current availability/pricing.
Supported company types
- Perseids
- Private companies, including pre-incorporation entities
- Other providers
- Check provider for current availability/pricing.
Collaboration
- Perseids
- Company, investor, employee and partner roles
- Other providers
- Check provider for current availability/pricing.
AI functionality
- Perseids
- AI explains and proposes; a person confirms every ledger write
- Other providers
- Check provider for current availability/pricing.
Switching without breaking the record
- Export the full transaction history, not just the current position.
- Import into the new platform and reconcile share counts, options outstanding and unissued pool.
- Reconcile fully diluted totals against your last signed round documents.
- Keep the old export as an archive until two closings have run cleanly on the new record.
This page describes what Perseids provides and what to verify elsewhere. It is not a ranking, and product capabilities change; confirm current details with each vendor.
Frequently asked questions
- What is the best Carta alternative?
- There is no single answer, because it depends on which workflows you run. If you need the cap table plus modelling, data rooms and investor workflows in one record, Perseids is built for that combination; if you only need a register, a lighter product may suit you better.
- Is there a free cap table option?
- Yes. Perseids has a free Founder plan for a single company. Paid plans start at EUR 39 per month and are published in GBP, USD and EUR.
- How long does migration take?
- For a typical seed-stage company with a clean export, importing and reconciling a cap table usually takes an afternoon. Complex histories with multiple conversions take longer because reconciliation, not upload, is the work.
Put this into practice with Perseids.
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