Brandwave

Cap table management platforms:Which are most popular?

In September 2026, AngelList was the most searched cap table management platform worldwide, accounting for 61.9% of all searches among the six platforms we track. When we checked with ChatGPT and Google AI Overviews, Ledgy, Carta and Pulley showed up in every answer. Carta was recommended most often, coming first in all four responses that gave a list.

Search and AI answers in September 2026
  1. AngelListShare of searches 61.9%Mentioned in 3 of 5 AI answersPlace in AI recommendations 6th
  2. ShareworksShare of searches 27.7%Mentioned in 4 of 5 AI answersPlace in AI recommendations 4th
  3. LedgyShare of searches 6.8%Mentioned in 5 of 5 AI answersPlace in AI recommendations 2nd
  4. EqvistaShare of searches 2.4%Mentioned in 4 of 5 AI answersPlace in AI recommendations 3rd
  5. CartaShare of searches 1.1%Mentioned in 5 of 5 AI answersPlace in AI recommendations 1st

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Top cap table management platforms in ChatGPT and Google AI Overviews

In Brandwave's three ChatGPT questions and two Google AI Overviews, Ledgy, Carta and Pulley appeared every time. Carta was recommended most often, coming first in all four answers that gave a list. Ledgy was second, and Eqvista was third.

Most recommended by AI

Brands get a higher ranking if they are mentioned earlier in the answers.

  1. Carta1st
  2. Ledgy2nd
  3. Eqvista3rd
  4. Shareworks4th
  5. Pulley5th
  6. AngelList6th

Mentioned by AI

Each dot is one answer, filled in when that answer mentions the brand.

  • Ledgy5 of 5Named in 3 of 3 ChatGPT answersNamed in 2 of 2 Google answers
  • Carta5 of 5Named in 3 of 3 ChatGPT answersNamed in 2 of 2 Google answers
  • Pulley5 of 5Named in 3 of 3 ChatGPT answersNamed in 2 of 2 Google answers
  • Shareworks4 of 5Named in 3 of 3 ChatGPT answersNamed in 1 of 2 Google answers
  • Eqvista4 of 5Named in 3 of 3 ChatGPT answersNamed in 1 of 2 Google answers
  • AngelList3 of 5Named in 3 of 3 ChatGPT answersNamed in 0 of 2 Google answers

See every answer about cap table management platforms

5 answers

Brands are shown in the order each answer named them. The survey took place in the United States on October 20, 2026.

How the Brand Demand Index is measured

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