Clara’s cap table vs Pulley

Tired of paying Pulley’s high costs for features you don’t need? Switch to Clara today and enjoy our low fixed-fee pricing.

Trusted by leading companies, investors and lawyers around the world
Managing convertiblesCompatible with all forms of convertibles and the only solution that accurately converts the Techstars CEA.Limited or no support for complex convertibles.
Issuing new convertibles SAFEs and convertible notes can be created and edited before circulating for signature via DocuSign integration. Signed agreements then automatically update the cap table.Simplistic templates without edit functionality. Signed agreements then automatically update the cap table.
ESOP creation and managementBuilt-in document generator for ESOP/SIPs and option grant agreements. Separate workflows for US and international companies; DocuSign integration, custom equity views, one-click exercise.US-centric ESOP generation. 
Scenario modeling YesYes
Automatic updates Offers the world’s first “no-touch” cap table, acting as the underlying registered agent for companies. Not connected to your registered agent. 
Globally applicableBuilt for complex corporate structures and international jurisdictions, as well the US. Only allows management of one company at a time. 
409 Valuations offered?YesYes
Open Cap Table-format Compliant? YesYes
Free Version?YesYes
Export to Excel?YesYes
API-friendly YesYes
Stakeholder limits None. Price increases with more than 25 stakeholders. 
Onboarding support?Yes Including in-depth review of underlying terms of convertibles to ensure accuracy. Yes
PricingSimple, flat-fee pricing structure. Full features available for only $1,995/year.Full features start at $3,500/year, but increases rapidly with more stakeholders.

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Resources & Insights

Stories, updates and resources


Starting a company is hard enough, but managing legal processes shouldn’t be. With Clara’s dedicated accelerator onboarding solution, companies can get the support and infrastructure they need to efficiently and professionally complete their legal due diligence and finalize an investment.

amal-dokhan Amal Dokhan General Partner MENA, 500 Global

Clara is a one-stop shop for everything equity related. All our data is safe and securely stored and accurately recorded. And our investors love having direct access. It has saved us countless hours and kept our cap table mistake free.

jessica-anuna Jessica Anuna CEO & Founder, Klasha

We spend a lot of time educating founders on basic legal concepts: what they need to do for us to invest in them. Clara automates these functions. As Clara’s first institutional investor, we knew intuitively from inception, this company will be a game changer.

vijay-tirathrai Vijay Tirathrai Managing Director, Techstars

You can’t beat Clara’s ESOP functionality. It allows us to grant options to our team in a few clicks while automatically updating our cap table. Truly next level.

michael-hunter Michael Hunter Co-Founder & CEO, Holo

Founders often struggle with managing their legal function due to lack of expertise and resources. And we’ve seen poor legal structures create hurdles to our investing in otherwise healthy startups. Investors like ourselves love that Clara gives founders the tools they need to establish, grow and scale their startups from day one on a best-practice basis.

shane-shin Shane Shin Founding Partner, Shorooq

US cap table solutions aren’t tailored to the differentiated needs of international startups. Clara is the only cap table provider we found that had emerging market startups in mind. Add to that all the other things you can do on the Clara platform, from building your ESOP to data room management, and switching was a no brainer.

omar-rifai Omar Rifai Co-founder, GrubTech

From company formation to maintaining the cap-table, by using Clara founders can digitally form their companies in a range of jurisdictions, create and manage their cap-tables and generate legal documents. Clara is quickly becoming an integral part of the startup software stack.

daniel-dos-reis Daniel Dos Reis Investment Director, Wamda Capital

Clara is a must-have for founders. Not only does it provide all the legal tools you need in a single platform, using Clara also signals to investors that you are a serious startup.

Mazen AlDarrab Founder & CGO, Zid

IP Assignments, what? I didn’t even know they existed before Clara. For startups, setting up governance, corporate structures, data rooms and fundraising are all hard to get right. Clara’s legalOS is premium. It pays for itself.

zohare-haider Zohare Haider Co-Founder & CEO, Jalebi

Binance uses Clara to incorporate and manage ADGM entities. The team at Clara are extremely efficient and go the extra mile to ensure we always have a smooth experience and meet our deadlines. Top-notch service!

Vishal Sacheendran Head of Strategy and Operations, Binance


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