Carta vs Pulley Pricing (2026): Free Carta Launch, $1,200 Pulley Startup, 409A, and Stage Fit
Searching for Carta vs Pulley usually means comparing price, free-tier limits, 409A access, and whether Carta's broader equity stack or Pulley's startup-focused workflow is the better fit. SparkLaunch is included here because earliest-stage founders often still need incorporation and adjacent founder tools before a heavier equity stack makes sense.
Current public pricing: Carta Launch is free up to 25 stakeholders and $1M raised; Pulley Startup is $1,200 per year, and Growth is $3,500 with 409A valuations included.
Carta Launch: free for up to 25 stakeholders and $1M raised
Pulley Startup: $1,200 per year for the first 25 stakeholders
Pulley Growth: $3,500 per year with 409A valuations included
Best fit: Carta for broader equity admin, Pulley for startup equity teams, SparkLaunch for earliest-stage founder workflows
How this comparison was reviewed
Compared official cap-table, pricing, and equity-management pages for SparkLaunch, Carta, and Pulley.
Evaluated pricing alongside stage fit so the page does not reduce the decision to a raw feature checklist.
Counted incorporation and founder-workflow tools as a meaningful advantage for SparkLaunch because most earliest-stage founders still need them.
Primary sources
- SparkLaunch public plan comparison
SparkLaunch Delaware C-Corp formation
SparkLaunch formation package- Official Carta equity platform page
- Official Pulley pricing and plan breakdown
SparkLaunch
Free
basic features, no card required
Cap table (basic)
SAFE tracking (1x free)
AI founder tools
Founder community
Incorporation available separately
Carta
Free + paid plans
Launch tier is free; paid pricing varies
Free up to 25 stakeholders and $1M raised
Grow and Scale include 409A valuations
Option grants
Industry-standard positioning
Enterprise scale
Pulley
From $1,200/yr
startup tier entry point
25 stakeholders included
Growth plan is $3,500/yr
Fundraise modeler + communications hub
409A valuations on Growth
Carta-alternative positioning
Full feature comparison
Swipe horizontally to compare every column.| Feature | SparkLaunch | Carta | Pulley |
|---|---|---|---|
| Free tier | Yes (Basic) | Yes (25 stakeholders) | No |
| Paid plan starting price | Startup Plan ($40/mo or $399/yr) | Contact sales for Build/Grow/Scale | From $1,200/yr (Startup) |
| Stakeholder limit (free) | Basic features | 25 stakeholders / $1M raised | N/A |
| Cap table management | Free (Basic) | ||
| SAFE rounds | Free (1x) / Paid (3x+) | ||
| Convertible notes | |||
| Dilution modeling | Free (3 preset) / Paid | ||
| Waterfall analysis | Coming soon | ||
| Equity incentive plans | Coming soon | ||
| Option grants and vesting | Growth Plan ($180/mo or $1,799/yr) | ||
| 409A valuations | Included on Grow and Scale | Included on Growth ($3,500/yr) | |
| 83(b) elections | Workflow support | ||
| Investor / diligence workspace | Growth Plan ($180/mo or $1,799/yr) | Data rooms on paid plans | Not highlighted on the public pricing page |
| Delaware incorporation | $499 | ||
| Registered agent | During incorporation workflow | ||
| Investor CRM | Startup Plan ($40/mo or $399/yr) | ||
| Pitch deck builder | Growth Plan ($180/mo or $1,799/yr) | ||
| AI founder tools | Free (1x each) | ||
| Landing page builder | Free (10 leads) | ||
| Founder community | |||
| Best fit | Pre-seed to Seed | Seed to Series C+ | Seed to Series B |
Why choose SparkLaunch
Still starts free
SparkLaunch starts free and then expands into paid founder tooling without forcing a switch to a separate incorporation or founder-workflow stack.
Incorporation included in the ecosystem
Carta and Pulley start after the company exists. SparkLaunch lets founders start incorporation in the same platform, while Delaware filing fees or registered-agent arrangements may be handled separately during setup.
Broader founder operating system
Cap table is only one piece of the SparkLaunch platform. CRM, landing pages, AI tools, and fundraising support stay in the same product.
Founder-first UX
SparkLaunch is built for first-time founders who need guidance, not just finance teams maintaining an established equity stack.
Natural growth path
The product is designed so founders can start free, grow into paid equity features, and add fundraising workflows without switching platforms immediately.
Why choose Carta
Industry standard
Carta is still the most established default for institutional startup equity management and has stronger investor and legal familiarity.
Full equity lifecycle
Carta is deeper for 409As, option administration, vesting, tender offers, and more mature cap tables.
Enterprise scale
If your company is already outgrowing basic founder equity management, Carta is built for that complexity.
Legal and auditor workflows
Carta has stronger downstream integrations for lawyers, auditors, and larger finance processes.
Why choose Pulley
Modern Carta alternative
Pulley positions itself as a cleaner and more founder-friendly alternative for teams that need more than basic cap-table tooling.
Clear Startup and Growth packaging
Pulley publishes a Startup entry point of $1,200 per year and a Growth tier at $3,500 per year, which is more concrete than many equity-software pricing pages.
Fundraise modeler and communications hub
Pulley emphasizes practical startup fundraising workflows like modeling and stakeholder communication instead of leaning only on enterprise equity administration language.
Growth plan adds 409A valuations
Pulley moves 409A coverage into the Growth tier, which can make sense for startups that want one cleaner step up from a lighter founder setup.
Growth-stage fit
Pulley is a better fit than SparkLaunch when the company has outgrown founder-first basics but still wants a more modern equity tool than Carta.
Frequently asked questions
Is Pulley better than Carta for a pre-seed startup?
Often yes, if you already know you want a dedicated equity platform and prefer a cleaner startup-focused workflow. Carta becomes more compelling as the company grows into broader equity administration and institutional familiarity matters more.
When should I switch from SparkLaunch to Carta or Pulley?
Usually once you need 409A valuations, complex option administration, or a larger stakeholder base. Before that, many startups are better served by a simpler lower-cost setup.
When does Pulley's $3,500 Growth tier make sense?
Usually when 409A valuations, fundraising workflow depth, or larger stakeholder complexity become active requirements. If you are still extremely early, the extra cost can be premature.
When is Carta Launch enough?
Carta Launch is usually enough when you want a free starter cap-table path, have a small stakeholder base, and are not yet paying for 409A valuations or more advanced equity administration.
Can I export my data from SparkLaunch?
Yes. Paid SparkLaunch plans support cap-table exports so the data can move if the company later outgrows the platform.
What about 409A valuations?
SparkLaunch is not the right tool if 409A valuations are your immediate need. Carta includes 409A valuations on Grow and Scale, while Pulley includes them on its Growth tier.
What is included in the SparkLaunch free tier?
The free tier includes a basic cap table, one SAFE, preset dilution scenarios, AI founder tools, landing-page capacity, and community access.
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Read comparisonKeep the founder workflow moving
If this comparison helped narrow the market, use the public SparkLaunch pricing, features, formation, and help pages to see what is actually included after the headline comparison.
Too early for a heavier equity stack?
Start with a free basic cap table and SAFE tracking, then upgrade as the company gets more complex.