Tabulate
Tabulate is web software for managing company equity and cap tables.
What Tabulate is
Tabulate is web software for managing company equity and cap tables. It keeps shares, options, warrants, SAFEs, convertible notes, and other share classes in one ownership record. Recording an issuance, transfer, exercise, or conversion updates the cap table and adds a full audit-trail entry. Founders and finance teams can model proposed funding rounds and see potential dilution across founders, investors, and the ESOP pool. ESOP workflows include bulk digital grant letters, e-signatures, vesting tracking, employee self-service, exercise and exit management, and expense reports. Grantees can view grant details, vesting progress, and value through an employee portal. Tabulate generates board-pack reports, investor updates, due-diligence documents, and Companies Act-aligned records such as SH-6. Share records are described as aligned with NSDL/CDSL dematerialisation requirements. It integrates with Incentiv Transact for liquidity workflows. Pricing is on request, with a 30-day trial.
Good
- Tracks multiple equity instruments in one record
- Models funding rounds and potential dilution
- Includes employee ESOP self-service portal
- Generates reports and compliance documentation
- Maintains a full equity audit trail
Watch out
- Pricing requires contacting sales
- Web platform only
- Legal counsel sign-off remains necessary
Who it suits
It suits founders, finance, HR, employees, secretarial teams, and management handling equity records and ESOP processes. It is also relevant for companies needing investor reporting and compliance documentation.
Verdict
Tabulate combines ownership records, ESOP administration, scenario modelling, reporting, and compliance documents in one web product. Companies should still rely on company-secretary or legal-counsel judgment for sign-off.
The facts
Each one read from Tabulate's own pages, with the date it was checked.
What it does
- Audit trail
- Tabulate logs issuances, transfers, and conversions in a full audit trail.checked 9 Oct 2026
- Availability
- The product page invites visitors to request a demo and contact sales.checked 9 Oct 2026
- Cap table
- The cap table updates when equity events such as issuances, transfers, exercises, or conversions are recorded.checked 9 Oct 2026
- Cap tables
- It tracks shares, options, warrants, convertible notes, and SAFEs in a company ownership record.checked 9 Oct 2026
- Compliance
- Tabulate generates Companies Act-aligned compliance documentation, including SH-6, for equity events.checked 9 Oct 2026
- Compliance records
- The site says Tabulate generates Companies Act-aligned documentation, including SH-6, and keeps records aligned with NSDL/CDSL dematerialisation requirements.checked 9 Oct 2026
- Dematerialisation
- Share records are described as aligned with NSDL/CDSL dematerialisation requirements.checked 9 Oct 2026
- Employee portal
- Each grantee can view their own grant details, vesting progress, and value through an employee self-service portal.checked 9 Oct 2026
- ESOP workflows
- ESOP features include bulk digital grant letters, e-signatures, vesting tracking, employee self-service, exercise and exit management, and expense reports.checked 9 Oct 2026
- Instruments
- It tracks shares, options, warrants, SAFEs, convertible notes, and other share classes in a single ownership record.checked 9 Oct 2026
- Integration
- The product page describes an integration with Incentiv Transact for liquidity workflows for ESOP holders and investors.checked 9 Oct 2026
- Intended users
- The ESOP workflows are described for HR, employees, finance teams, secretarial teams, and management.checked 9 Oct 2026
- Legal limit
- The cap table page says Tabulate does not replace the judgment or sign-off of a company secretary or legal counsel.checked 9 Oct 2026
- Privacy and security
- Incentiv's privacy policy says it follows security practices required under India's Information Technology Act and related rules, and says internet security cannot be guaranteed.checked 9 Oct 2026
- Purpose
- Tabulate manages equity and cap tables, including ESOPs, shareholders, investor updates, and ownership records.checked 9 Oct 2026
- Reporting
- It generates board pack reports, investor updates, and due-diligence documentation from the ownership record.checked 9 Oct 2026
- Scenario modeling
- Tabulate can model future funding rounds to show potential dilution across founders, investors, and the ESOP pool.checked 9 Oct 2026
- Scenario modelling
- Founders and finance teams can model a proposed funding round against the current ownership record and view dilution across stakeholder groups.checked 9 Oct 2026
- Support contact
- Incentiv's contact page offers an email contact, a message form, and a demo request.checked 9 Oct 2026
The company
- Company history
- Incentiv says it was founded in 2022 and launched Tabulate in 2023.checked 9 Oct 2026
- Founded
- 2022checked 28 Sep 2026
- Headquarters
- Bangalore, Indiachecked 28 Sep 2026
- Ownership updates
- The product page says cap tables update in real time with equity events.checked 9 Oct 2026
Alternatives to Tabulate
- 1
Global Shares
Free planAndroidiOSWebAPI7.9From $2,000 a year - 2
Astrella
AndroidiOSWeb7.6From $1,200 a year - 3

Cake Equity
Free planAndroidiOSWeb7.5From $1,000 a year - 4

Ledgy
Free planWebAPI7.5Free plan - 5
Eqvista
Free planAndroidiOSWeb7.4From $2 a month - 6
Vquity
Free planWebWindows7.4From $490 a year
