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Mantle review

Freemium#10 of 26 in Cap Table Management Software

A free core cap table with paid tools for issuance, modeling, documents, and governance.

7.7/10Editor score
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Reviewed by iTechGuides Editors · Editorial team · Updated Oct 2026

Mantle is web-based cap table management software for startup founders, stakeholders, and legal teams. It tracks shares, SAFEs, convertible notes, options, vesting schedules, and exercise history. Stakeholders can collaborate around a real-time cap table, while founders can model financing rounds, option pools, and dilution. The free Starter plan supports unlimited stakeholders, SAFEs signing and templates, scenario modelling, exports, and the Clerk AI assistant, making it a practical starting point for companies that need core equity tracking without an initial subscription.

Pricing follows a flat-rate structure rather than a per-stakeholder model. Starter costs $0. Essentials costs $1,200 per year and adds concierge onboarding, securities issuance and signing, custom SAFE templates, board actions, and in-platform option exercising. Growth costs $3,000 per year and includes the Essentials features plus an annual 409A valuation, VIP customer support, and access to a SOC 2 Type 2 report. Paid plans use annual billing, so companies comparing subscription flexibility should account for that commitment. The tier structure gives early teams a free entry point while reserving operational and valuation services for higher plans.

Mantle’s strongest fit is a startup that expects its equity processes to become more involved over time. AI-assisted legal document extraction, e-signature workflows, share-class and instrument tracking, OCX and OCF exports, and financing scenarios cover a broad set of cap-table tasks. Essentials is the more relevant step-up for teams issuing securities or managing board actions, while Growth suits companies that want valuation services and higher-touch support. Companies needing a non-web deployment, monthly paid billing, or integrations beyond Nasdaq Private Market and Rippling may prefer a different platform.

Mantle pros and cons

  • Where it wins
    • Free Starter plan includes unlimited stakeholders and core tracking
    • Models financing rounds, option pools, and dilution scenarios
    • Paid plans add securities issuance, board actions, and AI extraction
  • Where it doesn't
    • Paid plans are billed annually rather than monthly
    • The web-only platform lists two integrations
    • Annual 409A valuation is limited to the Growth plan

Mantle fact sheet, pricing and score →

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