A spreadsheet works fine when it's just founders and a handful of early investors. The moment you start issuing SAFEs with different valuation caps, tracking employee option vesting, or preparing for a priced round, a spreadsheet becomes a liability. Investors expect a clean, auditable cap table before they commit capital — not a file you've been manually updating since 2022. Most founders who switch to software wish they'd done it earlier.

Mantle's Starter plan is free with unlimited stakeholders; paid plans start at $1,200/year. Essentials ($1,200/year) adds concierge onboarding and migration, in-platform option exercising, and board consents. Growth ($3,000/year) adds an annual 409A valuation and VIP support, and Growth+ is custom-priced for needs like ASC 718 and Form 3921 reporting. Unlike per-stakeholder pricing, every Mantle plan includes unlimited stakeholders.

Most migrations from Carta or Pulley take 3–5 business days, and on paid plans Mantle's team handles the entire migration for you. You export your full cap table and documents from Carta or Pulley, and we bring them into Mantle. On the free Starter plan, you can use self-serve import from spreadsheets and documents instead.

Exporting is one click. You can download your full cap table and reports, which means your records aren't tied to Mantle. Uploaded documents, such as option agreements and share purchase agreements, can be downloaded in bulk as well.

Yes. Mantle supports SAFE issuance, signing, and tracking, as well as convertible notes, warrants, and employee option grants with vesting schedules. AI-powered document processing automatically extracts terms from your agreements and updates your cap table — no manual entry required.

Yes. On Mantle's paid plans, board consents and other approvals can be drafted from templates, signed electronically, and kept with the cap table records they relate to.