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Astrella's customized portal has been a game-changer for a private family-owned investment company with a complicated structure. With 50 …
Overview
What is Astrella?
Astrella, developed by EQ Private Company Solutions, Inc., is an equity management solution designed to handle equity and financial processes for companies of various sizes, from startups to large enterprises. This platform offers a range of tools and services, including cap table management, financial...
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- About
- Tech Details
What is Astrella?
Astrella, developed by EQ Private Company Solutions, Inc., is an equity management solution designed to handle equity and financial processes for companies of various sizes, from startups to large enterprises. This platform offers a range of tools and services, including cap table management, financial modeling and management, boardroom notetaking, and white-label services. Astrella caters to finance professionals, equity managers, CFOs and finance departments, startups and private companies, as well as companies preparing for IPOs.
Key Features
Blockchain Ledgers: According to the vendor, Astrella utilizes private blockchain technology to ensure the security and immutability of audit and transaction records. Companies are assured that their sensitive information is protected and cannot be altered or manipulated.
Machine Learning and AI: The vendor states that Astrella leverages machine learning and AI technologies to provide data-driven insights from financial information. Predictive analytics and modeling technologies help generate insights for decision-making. Automated workflows aim to streamline financial processes, saving time and reducing the risk of errors.
White-Glove Service: Astrella is supported by a team of experienced finance professionals who provide technical support and financial consulting. Clients receive personalized assistance and guidance to optimize their financial processes. The vendor claims that the expertise of the Astrella team adds value to the platform.
Astrella Cap Table Management: Astrella offers a fully automated and customizable cap table system. The cap table management feature adjusts to fit the specific needs of a company's finance department. Companies can efficiently track and manage equity and ownership details.
Astrella for Financial Modeling and Management: The vendor claims that Astrella's cloud-based stock plan management ensures compliance with reporting requirements, specifically ASC-718. Monitoring stock valuation and compensation becomes easier with the tools provided by Astrella. Companies can rely on the platform to effectively manage their financial modeling and reporting.
Offload Boardroom Notes with AI: Astrella BoardNotes automates boardroom notetaking through audio recording and transcription. According to the vendor, this feature helps companies maintain accurate and compliant board meeting minutes without manual effort. The AI-powered feature aims to save time and ensure the completeness and accuracy of boardroom notes.
Astrella Video
Visit https://youtu.be/osqT4Sz8BKQ to watch Astrella video.
Astrella Technical Details
| Deployment Types | Software as a Service (SaaS), Cloud, or Web-Based |
|---|---|
| Operating Systems | Unspecified |
| Mobile Application | No |
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Community Insights
TrustRadius Insights are summaries of user sentiment data from TrustRadius reviews and, when necessary, 3rd-party data sources. Have feedback on this content? Let us know!
- Business Problems Solved
- Pros
- Cons
- Recommendations
Astrella's customized portal has been a game-changer for a private family-owned investment company with a complicated structure. With 50 separate cap tables with varying shareholders, Astrella's visual organization of the company history and cap table has maintained easy visibility with shareholders. Users have reported that the new system to track all equity transactions and new stock benefit plans, configure the plan to accrue according to the plan document, and connect everything automatically makes everything more accurate, controlled, and faster.
Astrella's cap table development and maintenance feature has enabled users to save time and provide more transparency and easier maintenance than a spreadsheet. The online cap table feature has helped users to have a Cap table that is not in Excel and store all relevant documents in one central location. Additionally, through Astrella's reports to the board and internal stakeholders, users have found it easier to organize their data. The blockchain technology provided by Astrella has further secured shares, providing users with much-needed peace of mind. Overall, Astrella helps users better understand cap tables and structures, allowing them to have proper conversations about them as they grow without any hassle.
Exceptional customer service: Reviewers have consistently praised Astrella's team for their exceptional customer service, with multiple users noting that the team is quick to respond to inquiries and provides solutions in a timely manner. The commitment to customer satisfaction is evident, and customers appreciate feeling heard and supported throughout any issues that arise.
Ease of use: Many reviewers have commented on the ease of use of Astrella's software, citing its intuitive interface as a significant benefit. Users find the streamlined approach to complex tasks such as cap table management and equity plan administration particularly valuable, allowing them to efficiently complete these processes without complications or confusion.
Scalability: Another highly valued aspect of Astrella's software is its scalability. Users across businesses of all sizes - from free startups to public companies - find value in how well the software can handle cap table complexity. This feature allows organizations to grow with the support they need while continuing using familiar tools.
Limited Capabilities: Some users have expressed that the software's capabilities are limited. While the team has been helpful in resolving issues with customization and direct help, some features or functionality are not yet available.
Difficult Undoing Actions: Undoing actions can be difficult according to some users. This could lead to frustration when mistakes happen.
Messy Data Importation Process: According to some users, the data importation process was messier than expected. This could result in wasted time for those trying to migrate their data into Astrella.
Users have frequently recommended Astrella for several reasons. Firstly, they find it to be a beneficial tool for organizing company legal issues such as investment agreements and cap table options plans. Additionally, users appreciate the exceptional customer service provided by Astrella, specifically highlighting its responsiveness and helpfulness. Lastly, Astrella's ease of use is highly praised, with users finding the platform intuitive and user-friendly. Overall, users highly recommend Astrella for its ability to streamline legal matters, excellent customer service, and simplicity in managing cap table administration.