Diligent Equity (EquityEffect TruEquity) vs. Carta

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Diligent Equity (EquityEffect TruEquity)
Score 0.0 out of 10
N/A
Diligent Equity (formerly TruEquity from EquityEffect) simplifies equity management with solutions built for venture capital, private equity, start-ups and service providers, and is designed to enable users to easily manage their portfolios' cap tables, legal terms and performance.N/A
Carta
Score 8.5 out of 10
N/A
Carta (formerly eShares) is cloud software that allows private companies to manage and interact with their share- and optionholders. Accoding to the vendor, companies can easily issue stock certificates individually or in bulk, and shareholders can receive and view their shareholdings across all private companies on one screen.N/A
Pricing
Diligent Equity (EquityEffect TruEquity)Carta
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
Diligent Equity (EquityEffect TruEquity)Carta
Free Trial
YesNo
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
NoNo
Entry-level Setup FeeNo setup feeNo setup fee
Additional Details
More Pricing Information
Community Pulse
Diligent Equity (EquityEffect TruEquity)Carta
Top Pros

No answers on this topic

Top Cons

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User Ratings
Diligent Equity (EquityEffect TruEquity)Carta
Likelihood to Recommend
-
(0 ratings)
8.8
(8 ratings)
Support Rating
-
(0 ratings)
9.4
(3 ratings)
User Testimonials
Diligent Equity (EquityEffect TruEquity)Carta
Likelihood to Recommend
Diligent Corporation
No answers on this topic
eShares, Inc.
Carta is perfect for any sized organization when shares and stock options are in the picture for new/seasoned employees alike. If a company does not provide these benefits to employees, it may not be the best fit for them unless there are other value-adds the tool can provide in other areas.
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Pros
Diligent Corporation
No answers on this topic
eShares, Inc.
  • Expense Reporting - GAAP compliant and easy to manage, a report is run monthly and provides all the details needed to book the expense.
  • Equity Manageent - All stock certificates for our investors are held in Carta making Equity easy to manage.
  • Stock Option Issuance - Options are issued in Carta and the entire option life cycle from issuance, approval, and exercising is handled in Carta.
  • User Interface is very easy to follow.
  • Support is very responsive and helpful.
  • Numerous education articles available to all users.
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Cons
Diligent Corporation
No answers on this topic
eShares, Inc.
  • Still some issues with the auto-generated Excel file for stock calculations that required correction by technical support.
  • Could offer integration into accounting platforms or HR/payroll platforms to further cut down on manual input.
  • It should allow for custom user creation to allow for varying levels of access based on role in the company; currently, all security roles in the platform are out of the box without any modification allowed.
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Support Rating
Diligent Corporation
No answers on this topic
eShares, Inc.
Every time I have sent a message to Carta's support team, they've responded within 2 business days. The support team is very helpful and always has answered my questions competently and professionally. Many of my questions have also been answered through their extensive support articles. Carta makes available a lot of information that has helped reduce te administrative work of answering questions for our employees as they are able to get most of the information they need through Carta's website.
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Alternatives Considered
Diligent Corporation
No answers on this topic
eShares, Inc.
I was not personally involved in choosing Carta over any other platforms. However, I can say I'm very happy with Carta. Carta allows for a central place to manage stock options from multiple companies and is extremely user-friendly and intuitive. With Carta being a market leader, it's nice to find new employers already using it as well.
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Return on Investment
Diligent Corporation
No answers on this topic
eShares, Inc.
  • If a company's cap table is wrong that is legally considered fraud ( yes, a capital F fraud ), as in there could be criminal repercussions, and almost assuredly whatever transaction that requires it to be accurate will be canceled.
  • Compliance is a major factor when it comes to having a stock option plan. Carta is the best I've seen at keeping a company in compliance.
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ScreenShots