Overview:
Captable, Inc. is an open-source platform for cap table management, designed as an alternative to services like Carta, Pulley, and AngelList. It helps companies manage their ownership structure, track stock and option issuance, handle fundraising rounds, and communicate with investors. The project is currently in development, with several features available and others still under construction.
Core Features:
Fundraise: Manage fundraising rounds, sign standard or custom SAFE agreements, and track investor commitments.
Investor updates: Send regular progress updates to investors and team members.
eSign Documents: Sign SAFE, NDA, contracts, offer letters, and other documents using Captable Sign.
Data rooms: Store and share important documents securely with investors, employees, and other stakeholders.
Use Cases:
Founders incorporating a company, with features to generate necessary legal documents and filings (work in progress).
Startup teams managing their cap table to track ownership percentages, issued stock, and options (work in progress).
Companies raising capital by creating and managing fundraising rounds and investor commitments.
Organizations that need to send periodic updates to investors and sign legal documents like SAFEs and NDAs digitally.
Why It Matters:
Captable, Inc. provides an open-source approach to cap table management, giving companies direct control over their financial data and stakeholder records. The platform supports self-hosting via Docker or a manual setup with PostgreSQL, and includes built-in tools for fundraising, e-signatures, and secure document rooms, all without relying on proprietary services like Carta or Pulley.