Pulley Is Shutting Down on December 8, 2026
Pulley, the cap table software at pulley.com, says it will cease all operations and services on December 8, 2026 (written 12/8/26 in its notice). The notice sits on Pulley's homepage and pricing page, and TechCrunch reported it on September 16, 2026. For existing customers, the sources describe one official handoff: an exclusive partnership with Carta, with a limited-time offer and assisted migration for those who qualify.
Round Funded is not a cap table tool and does not replace Pulley's records; it covers the other half of a raise, finding active investors and reaching them. While you choose a new home for your cap table, you can model dilution with the free cap table calculator. Facts below are as of October 2026 and credited to the source that states them.
What the Pulley Shutdown Means for Customers
Pulley's site describes one platform for equity and tokens, aimed at founders and finance teams. TechCrunch says Yin Wu started building it in 2020 and that it raised over $50 million. It also says Pulley's final day of operations and services will be December 8 and that Pulley offered no reason. Business Insider says Pulley will cease operations after December 8, so plan to finish before the 8th rather than on it.
On the handoff, Pulley's notice says it entered an exclusive partnership with Carta and that existing customers "may qualify for a limited time offer and assisted migration to Carta." Business Insider reports that Carta has agreed to help move customers and is offering them a limited-time promotion, according to Pulley's statement, and that customers who move to Carta will be able to keep their current Pulley pricing for the first year. Terms beyond that first year were not found in the pages we reviewed, and none of those pages says customers must use Carta.
What Happens to My Pulley Data?
Pulley's shutdown FAQ answers this directly. On December 8, 2026 the Pulley app stops being accessible and its team stops supporting customers, but you "will retain the ability to access your Pulley data in a limited format through the Pulley app until January 31st, 2027." Pulley's notice also tells existing customers to log in now to check their account status.
If you move to Carta, the FAQ describes an opt-in: you agree to share your contact and contract details with Carta (stakeholder count, plan, share classes, equity plans, security and transaction types, entity type), Carta sends a timeline and a new 12-month contract, and the two companies migrate your cap table and history. Opting in "is not a contractual agreement to migrate to Carta." Refund and billing end-date terms were not found in the pages we reviewed, so ask Pulley support in writing, and keep your own copy of anything you can download before January 31, 2027.
Best Pulley Alternatives in 2026
Carta leads because it is the only handoff Pulley's notice names.
1. Carta
Pulley's notice names Carta as its exclusive partner, and TechCrunch says Pulley is redirecting prospective clients to it. Carta's own prices and features were not found in the pages we reviewed, so this is the easiest handoff on paper, not a verdict. Our Carta pricing page covers its plans.
2. Vestd and Certent Equity Management
Capterra's Pulley page lists both in its "Pulley alternatives" section. Pricing and feature detail for either were not found in the pages we reviewed, so confirm what each offers with the vendor.
3. A spreadsheet
TechCrunch relays a former Pulley employee's online speculation that Pulley was competing with spreadsheets as much as with Carta, and adds that startups can now easily use AI to keep, improve and maintain their spreadsheets. It needs no new subscription if you already use a spreadsheet tool, and our cap table template guide covers it.
4. Round Funded, for the raise
Round Funded does not hold ownership records, so it is not a cap table replacement. It is an investor database of 60,000+ active VCs, angels, family offices and accelerators filtered to a check in the last 6 months, in 12 languages, with AI-drafted outreach sent from your own Gmail, a built-in pipeline and a Data Room that is free to build and share. Start with the free Find Investors matches and the Investor Match tool.
Pulley vs Carta
The practical difference today is that Pulley stops operating on December 8, 2026 and points its customers to Carta. TechCrunch calls Carta Pulley's rival and notes the twist that Pulley partnered with it to offload customers. Carta's own pricing and features were not found in the pages we reviewed, so this is not a feature-by-feature test.
On price, G2's AI-generated FAQ says reviewers frequently highlight Pulley's competitive pricing compared with Carta, with multiple users noting they switched and saved significantly. On experience, one Capterra reviewer (undated review) called Pulley's UX far superior to Carta. Treat both as context: one is an AI-written summary, the other a single undated opinion, and neither speaks to moving to Carta now.
What Pulley Costs
Pulley's pricing page lists these plans alongside its shutdown notice, and the homepage notice urges prospective customers to visit Carta instead. Equity plans are priced per year.
| Plan | Price | Stakeholders included | What it adds |
|---|---|---|---|
| Startup | $1,200 per year | First 25 | Cap table, share certificates, templated agreements, fundraise modeler, concierge onboarding |
| Growth | $3,500 per year | First 40 | 409A valuations, option exercises, Rule 701, Form 3921, board approvals, HRIS integrations |
| Enterprise | Contact Pulley | Not listed | ASC 718 reporting, custom reporting, managed equity administration, secondary liquidity |
Above those counts, Pulley's homepage says to contact it, and an angel writing a check of $50,000 or less counts as half a stakeholder. Token products are priced separately, with valuations from $10,000. G2 and Capterra say there is no free plan or trial, and PulseSignal (verified October 17, 2026) counts six plans from $1,200 a year.
What Pulley Did Well
G2's pricing page shows a 4.7 out of 5 rating; the review count was not found in the pages we reviewed. The two Capterra reviews below are undated.
- Published prices. Startup and Growth list a price and a stakeholder count, and Pulley calls its pricing unambiguous.
- Setup and support. One Capterra reviewer who left another cap table tool said Pulley, within 5 days of signing up, beat their expectations on price point, usability and support.
- Modeling before a round. Another Capterra reviewer said they use the cap table projection every time they prepare to fundraise.
- Harder cap tables. Pulley says it handles multiple share classes, RSUs, performance-based vesting and international structures, and its Growth and Enterprise plans add 409A valuations, Rule 701, Form 3921 and ASC 718. These are Pulley's own claims, which we did not test.
Where Pulley Fell Short
- The shutdown itself. Pulley is closing on December 8, 2026, so customers need another system or process for their cap table after that date.
- No free plan or trial. G2, Capterra and PulseSignal list none, and the lowest-priced equity plan is $1,200 a year.
- Plan gating and per-stakeholder pricing. G2's AI-generated FAQ says one reviewer noted that issuing stock purchase agreements requires upgrading beyond Startup, and that a few reviewers flag per-stakeholder pricing as a concern at scale.
- Reviews skew small. Capterra says 100% of its reviewers are from small businesses, so evidence on larger teams is thin.
- No investor discovery or outreach. None of the products in Pulley's site navigation is an investor database or outreach tool.
Pulley vs Round Funded
| Pulley | Round Funded | |
|---|---|---|
| Job | Cap table and equity management | Finding and reaching investors for the raise |
| Investors | No investor database among the products in its site navigation | 60,000+ active VCs, angels, family offices and accelerators filtered to a check in the last 6 months, in 12 languages |
| Outreach and pipeline | Not found in the pages we reviewed | AI-drafted outreach from your own Gmail, built-in pipeline |
| Data Room | Not found in the pages we reviewed (Capterra lists document management) | Free to build and share on every plan; per-investor tracked links and analytics with Round+ and above |
| Modeling | Fundraise modeler on Startup | Free cap table, YC SAFE, and pre-money and post-money valuation calculators |
| Price (as of October 2026) | Startup $1,200 a year, Growth $3,500 a year | Round+ $99 a month, Round Pro $249 a month, Lifetime $899 one-time |
| Free plan or trial | None listed | 3-day free trial on Round+ and Round Pro for first-time accounts, card required; no free tier |
Round Funded is not a cap table tool; Carta, another cap table vendor or a spreadsheet holds your ownership records. It is for the raise itself, and its Data Room is free to build and share on every plan.
Frequently Asked Questions
Is Pulley shutting down?
Yes. Pulley's notice says it will cease all operations and services on December 8, 2026, and TechCrunch reported it on September 16, 2026. Business Insider says operations cease after December 8. Pulley has an exclusive partnership with Carta, and existing customers may qualify for a limited-time offer and assisted migration.
What happens to my Pulley data when it shuts down?
Per Pulley's shutdown FAQ, the app stops being accessible on December 8, 2026, and you keep limited-format access to your Pulley data in the app until January 31, 2027. Customers who opt in to share details with Carta get a Carta-provided 12-month contract and an assisted migration of the cap table and its history; opting in is not a commitment to migrate. Refund terms were not found in the pages we reviewed.
What are the best Pulley alternatives?
Carta is the handoff Pulley names, Capterra lists Vestd and Certent Equity Management as Pulley alternatives, and TechCrunch mentions spreadsheets. Prices for the three vendors were not found in the pages we reviewed, so request live quotes. For the investor side of the raise, see our roundup of all-in-one fundraising platforms.
Pulley vs Carta: how do they compare?
Pulley is closing and names Carta its exclusive partner; TechCrunch calls Carta Pulley's rival. G2's AI-generated FAQ says reviewers frequently highlight Pulley's competitive pricing compared with Carta, and one Capterra reviewer called Pulley's UX far superior. Carta's own prices and features were not found in the pages we reviewed, so compare current quotes.
Can Round Funded replace Pulley?
No. Round Funded is not a cap table tool and holds no ownership records; it covers the raise. Round+ is $99 a month, Round Pro $249 a month and Lifetime $899 one-time (as of October 2026), with a 3-day free trial on Round+ and Round Pro for first-time accounts, card required, and no free tier. See Round Funded pricing.
Is Round Funded affiliated with Pulley?
No. This page is an independent comparison built from Pulley's public pages and published third-party sources, with facts as of October 2026. Round Funded is not affiliated with Pulley and is not a cap table tool; it covers the raise.
Final Word
Pulley published its prices and G2 shows it at 4.7 out of 5, but the December 8, 2026 shutdown makes the live question where your cap table goes next. Read Pulley's notice and shutdown FAQ, get a Carta quote and at least one other, and use Round Funded for the investor side of the raise.
