What is Cap Table Management?
TL;DR
Managing the capitalization table (who owns what) along with stock options, SAFEs, and dilution as a single source of truth.
Cap Table Management: Definition & Explanation
A cap table (capitalization table) is the list of who owns how many shares and what percentage of a company. Equity management tools treat this register as a single source of truth, accurately tracking stock-option grants, vesting, and exercises; SAFE and convertible-note conversions; preferred-stock terms; and dilution across each funding round. In 2026, AI enables round and dilution simulation, automation of U.S. 409A valuations and filings, and auto-generation of grant agreements and shareholder reports. Leading tools include Carta, Pulley, Ledgy, and AngelList. Cap table management eliminates the 'which spreadsheet is current?' problem and frees founders from recalculating equity every fundraise. In many jurisdictions, qualified stock options and share registration still require coordination with legal and tax professionals.