Free today
Migration and ongoing cap table management cost nothing. Start with the essential job: preserving a complete, usable ownership record.
Pulley closes December 8, 2026
Cap table comparison · 2026
Fairmint vs Pulley
Pulley was software for managing equity. Fairmint starts with a free, portable cap table and lets you add regulated ownership infrastructure when your company needs it.
Move your Pulley records for free. Keep managing the cap table yourself for free. Appoint Fairmint as transfer agent, form an SPV, or use fundraising services only when those services create value for you.
No cap table subscription. No obligation to add paid services.
The short answer
Do you need another software subscription?
Not necessarily. If your immediate need is to preserve and manage your ownership records, Fairmint offers a free path out of Pulley.
The larger difference appears when ownership needs to do more than sit in software. Fairmint is an SEC-registered transfer agent. You can choose to appoint us to maintain the official ownership register, then use that same foundation for future financing, SPVs, and liquidity. Those services are optional and separately priced.
Side-by-side
Fairmint and Pulley,
compared clearly.
This comparison focuses on what Pulley customers need to decide now: continuity, cost, control of their records, and the services they may need later.
| What to compare | Pulley | Fairmint Free cap table |
|---|---|---|
| Availability | Pulley will cease operations and services after December 8, 2026. | Fairmint is accepting Pulley migrations now. |
| Primary model | Subscription cap table and equity management software. | Free cap table management, with optional transfer agent, SPV, and fundraising services. |
| Cap table cost | Customers paid for a software subscription. | No cap table subscription. Migration and ongoing cap table management are free. |
| Migration from Pulley | Pulley has arranged a transition program with Carta. | Fairmint reconstructs your cap table from your Pulley export and supporting documents at no charge. |
| How records are kept | Your company records were maintained in Pulley’s software. | Records use open cap table standards and remain exportable. You can manage them yourself. |
| Professional transfer agent | Pulley was positioned as cap table and equity management software. | Fairmint is an SEC-registered transfer agent. Appointment is optional and separately priced. |
| Fundraising and SPVs | Pulley offered equity workflows alongside cap table management. | Fundraising and SPV services are available when needed and priced separately from the free cap table. |
| 409A valuations | Pulley offered 409A valuation services. | Your existing 409A does not change when you migrate. Keep the full report and supporting materials. |
Pulley shutdown and Carta transition details are based on Pulley’s public announcement, as reported by TechCrunch. Product details can change. Verify terms with each provider before deciding.
Beyond software
A cap table you can keep.
Infrastructure you can grow into.
Portable tomorrow
Fairmint uses open cap table standards. Keep your source documents, export your records, and avoid making the next provider decision under pressure.
Regulated when it matters
When self-management is no longer enough, appoint an SEC-registered transfer agent to maintain the official ownership register.
When Fairmint fits
Choose for the company ahead, not only the migration today.
Fairmint is particularly useful when ownership complexity, financing, or future liquidity makes the quality of the underlying record matter.
- 01 You want to stop paying for cap table software
Move and manage your records without a subscription.
- 02 Your legal documents and cap table may not agree
Reconstruct the record and identify missing information before the next event.
- 03 You expect more ownership complexity
Prepare for new securities, more holders, SPVs, financing, or liquidity.
- 04 You may need a professional transfer agent
Add regulated administration later without migrating the underlying record again.
A practical next step
Export first.
Compare with your records secured.
The deadline is real. Your choice of provider should still be considered, not rushed.
- 01
Download everything
Preserve the cap table, stakeholder ledger, transaction history, plans, grants, valuations, approvals, and signed documents.
- 02
Send us the export
Fairmint reconstructs the cap table, flags gaps, and helps you complete the move at no charge.
- 03
Choose only what you need
Manage the cap table yourself for free, or add separately priced professional services later.
Get the Pulley export checklist
Preserve your records before Pulley closes on December 8, 2026.
Fairmint vs Pulley FAQs
Questions founders ask before moving.
Need an answer about your records? Email our team.
What is the main difference between Fairmint and Pulley?
Pulley was subscription cap table and equity management software. Fairmint lets companies migrate and manage a cap table for free using open cap table standards. Companies can also choose to appoint Fairmint as their SEC-registered transfer agent or use separate SPV and fundraising services.
Is Fairmint a free Pulley alternative?
Yes. Fairmint does not charge to migrate a Pulley cap table or to keep managing the cap table yourself. Optional transfer agent, SPV, and fundraising services have separate pricing.
Do I have to appoint Fairmint as transfer agent?
No. You can migrate your records and manage the cap table yourself without appointing Fairmint. If you later want Fairmint to maintain the official ownership register as your professional transfer agent, that is a separate appointment.
Do Pulley customers have to move to Carta?
No. Pulley has partnered with Carta on a transition program, but each company can choose another provider. Preserve your Pulley export and source documents before deciding where to move.
What does a Pulley migration to Fairmint cost?
The migration is free. Fairmint will reconstruct the cap table from the records you provide and help identify missing information or discrepancies at no charge. You pay only if you choose optional services such as professional transfer agency, an SPV, or fundraising support.
What happens to my Pulley 409A valuation?
Migrating your cap table does not replace or renew a 409A valuation. Download the complete report and supporting materials from Pulley and retain them with your company records.
Can I export my cap table from Fairmint later?
Yes. Fairmint uses open cap table standards so your records are portable by design. Your company should always retain its source documents and current exports.
Your cap table, your choice
Move once.
Keep your options open.
Bring your Pulley export to Fairmint. We will help reconstruct your cap table for free.