What Qapita does

Qapita is a Singapore-headquartered SaaS company that operates a cloud-based equity management platform used by 2,400+ private and listed companies across 60+ countries to administer cap tables, employee stock option plans (ESOPs), 409A valuations, and financial reporting under ASC 718, ASC 820, and IFRS 13 standards. The platform is organized around two product lines — Equity Management (cap table, stock plan management, 409A valuations, financial reporting, equity compensation advisory, ESOP SPV setup, and tender offers) and Fund Management (fund administration and fund portfolio valuations) — with a Liquidity layer for employee surrender programs, buybacks, and secondaries. Acquired brands ESOP Direct and UnlistedKart extend the ESOP and unlisted-equity capability set. The underlying technology integrates with enterprise tools (Bamboo HR, DocuSign, SAP SuccessFactors, Workday) and is certified to ISO 27001, SOC 2 Type II, and GDPR, with US$185bn+ equity and US$28bn+ employee equity tracked across the platform and 500,000+ stakeholders onboarded.

The business model is subscription-based SaaS with annual or multi-year terms and CPI-or-5%-minimum renewal escalators, supplemented by professional services for ESOP plan design, implementation, data migration, and ongoing administration, plus a valuation services line generating 500+ reports per year. Pricing is quote-based, tiered by employee count (≤50 small-business, 51–1,000 mid-market, 1,000+ enterprise) and is not publicly disclosed. Go-to-market combines direct enterprise sales, a self-serve SMB flow, and a partner channel of law firms, fractional CFOs, accelerators, and VCs that recommend Qapita within their portfolios; the company highlights its G2 leadership in Equity Management Software and best-in-class customer satisfaction for both enterprise and mid-market as core positioning. The company reports US$41.6M ARR as of 2025 and is valued at approximately US$124.7M per third-party estimate, having scaled largely through bootstrapping before raising a US$26.5M Series B led by Charles Schwab in October 2025 alongside the acquisitions of ESOP Direct (April 2025) and Punch Financial (October 2025) and the launch of US operations.

Name

Qapita

Legal name

Qapita Fintech Pte. Ltd.

Website

https://qapita.com

Company type

Private

Founded year

2019

Operating status

Operating

Headcount range

251–500 employees

Short description

Qapita is a Singapore-based SaaS platform that helps 2,400+ private and listed companies across 60+ countries manage cap tables, ESOPs, 409A valuations, fund administration, and equity liquidity, serving founders, finance teams, HR, fund managers, and law firms.

Ownership category

akta.pro rank

Product category

Equity Management Software

NAICS

Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (518), Computer Systems Design and Related Services (54151)

SIC

Services-Computer Programming, Data Processing, Etc. (7370)

akta.pro primary industry

Compliance, GRC Workflow & Audit Automation Platforms (HDAEAHAL)

akta.pro secondary industries

Enterprise Performance Management (EPM) & FP&A Platforms (HDAEAEAK), Compliance Technology, GRC Platforms & Controls Automation Advisory (BPAHAFAO)

Keywords

• Equity management software
• Cap table management
• ESOP administration
• 409A valuations
• Fund administration

Headquarters

HQ city

Singapore

HQ country

Singapore

HQ region

Asia

Offices3 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Marketing or Sales, Operations, Infrastructure

Revenue model

1. Subscription SaaS Platform: Subscription-based access to the equity management and fund administration platform. Charges are specified in Order Forms with annual or multi-year subscription terms. Annual increases tied to CPI or 5% minimum. Platform serves 2,400+ companies.
2. Professional Services: Engagement for Deliverables including ESOP plan design, implementation support, data migration, and ongoing administration. Fees specified per Order Form, typically one-time engagements.
3. Valuation Services: ESOP valuation services for financial reporting and audit purposes. Fees payable prior to commencement or within 30 days of invoice. Generates 500+ valuation reports per year.

Pricing tiers

Go-to-market motion2 records

Distribution channels5 records

Marketing channels7 records

Core offering

Qapita provides a cloud-based equity management SaaS platform that enables companies to set up and maintain cap tables, design and administer employee stock option plans (ESOPs), obtain audit-ready 409A valuations, generate ASC 718 financial reports, and operate fund administration workflows including capital calls, LP management, and ASC 820 / IFRS 13 portfolio valuations. The platform serves private and listed companies across 60+ countries with compliance coverage spanning 160+ jurisdictions and is sold alongside professional services for ESOP design, implementation, data migration and ongoing administration.

Product overview

Qapita is a global equity management platform offering a unified platform-plus-modules architecture spanning two core product lines: Equity Management and Fund Management, with an additional Liquidity layer. The Equity Management platform includes Cap Table Management, Stock Plan Management/ESOP Management, 409A Valuations, Financial Reporting (ASC 718), Equity Compensation Advisory, ESOP SPV setup, and Tender Offers as interconnected modules. The Fund Management platform encompasses Fund Administration and Fund Portfolio Valuations modules. The Liquidity layer provides Employee Liquidity Programs and Secondaries for private market liquidity events. The company also operates acquired sub-brands ESOP Direct and UnlistedKart. Qapita serves both private and listed companies across 60+ countries, supporting stakeholders including founders, employees, investors, and fund managers.

Differentiator

Problem solved

Functional benefit

Brands

• ESOP Direct: An acquired brand providing ESOP management and advisory services, now operating as part of Qapita's equity management platform.
• UnlistedKart
• Qapita Fintech India Private Limited

Products and services

• Equity Management Platform Comprehensive platform for managing all equity workflows from seed to IPO, encompassing cap table management, ESOP/stock plan administration, 409A valuations, financial reporting (ASC 718), equity compensation advisory, and tender offers. Targeted at private and listed companies across 60+ countries.
• Cap Table Management Single source of truth for tracking, issuing, and reporting equity for founders, investors, and employees; supports share issuance, fundraise simulation, scenario modeling, and investor-ready dashboards.
• Stock Plan Management (ESOP) Design, issuance, and ongoing administration of global stock plans with built-in compliance, employee dashboards, and tax guides across 160+ countries; supports 83(b) elections and plan documentation.
• 409A Valuations Independent, audit-ready valuations from qualified experts for fair market value determination of employee stock options, compliant with US regulatory requirements and delivered within 10 working days.
• Financial Reporting (ASC 718) Generates audit-ready, compliant expense reports for stock-based compensation under ASC 718, with trusted valuation models for finance teams.
• Equity Compensation Advisory Tailored guidance to design equity strategies aligned with company stage and goals, including ESOP plan design and implementation support.
• ESOP SPV Setup Setup of Special Purpose Vehicles optimized for Singapore entities to facilitate equity compensation structures for companies issuing ESOPs through SPVs.
• Tender Offers Enables structured liquidity events for employees and early stakeholders without loss of control, facilitating company-led secondary transactions and tender offers.
• Fund Administration Platform Platform for fund managers to manage fund operations including capital calls, LP management, reconciliations, and reporting with real-time visibility and compliance controls.
• Fund Portfolio Valuations Automates ASC 820–compliant (US/SEC) or IFRS 13–compliant (Singapore) fund portfolio valuations with reliable, investor-ready insights and auditor support.
• Employee Liquidity Programs Enables private companies to use ESOPs to attract, retain, and reward talent through structured liquidity events including surrender programs and buybacks with compliance controls.
• Secondaries Platform Facilitates company-led and investor-driven liquidity programs for unlisted equity, helping early stakeholders unlock value while ensuring governance and regulatory compliance.
• ESOP Direct Acquired sub-brand providing ESOP management services including plan design, administration, and employee education for equity compensation schemes in India.
• UnlistedKart Acquired sub-brand offering services for unlisted company equity management and related liquidity/marketplace solutions for private market securities.

Quantifiable outcome

• 2,400+ companies and 180+ listed companies using the platform
• +4 more outcomes

Named customers26 records

Segments7 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration4 records

Feature9 records

Partnerships

Four partnerships are on record, tiered core and minor.

• Punch FinancialcoreOthers · 1 October 2025Acquired by Qapita in October 2025. US-based fund administration provider. The acquisition expands Qapita's private market platform and fund management services, integrating Punch's fund administration expertise into Qapita's technology suite while continuing Punch's Virtual CFO services independently.
• CountsycoreStrategic or Co-development Partner · 28 September 2025Strategic partnership announced September 2025 to streamline equity management services for Countsy's client base. Countsy provides CFO-as-a-service and financial operations support to startups and growth companies.
• ESOP DirectcoreOthers · 1 April 2025Acquired by Qapita in April 2025. ESOP Direct is an India-based ESOP administration company with expertise in employee stock option plan design and implementation. Operates as Qapita Company.
• Startup SteroidminorStrategic or Co-development Partner · 1 August 2024Partnership to help startups manage equity and raise funds. Startup Steroid provides startup support services.

Scale indicators14 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• Eqvista: Eqvista provides cap table management, 409A valuations, and equity administration for private companies, particularly active in the US market. It is comparable on core product functionality and target customer segment.
• Pulley: Pulley is a cap table management and 409A valuation platform targeting startups and growth companies. It competes directly with Qapita on core equity management functionality and shares a similar customer base of venture-backed private companies.
• Carta: Carta is the dominant US-based equity management platform serving private and public companies with cap table, 409A, ASC 718 reporting, fund administration, and secondary services. It is the primary competitor Qapita positions against and the most direct comparable on product scope and customer type.

Emerging players

• SeedLegals: SeedLegals is a UK-based legal and equity management platform for startups, offering cap table, SEIS/EIS, and fundraising tools. It overlaps with Qapita on equity management for early-stage companies but is more focused on UK/EU regulatory frameworks.
• Ledgy: Ledgy is a European equity management platform offering cap table, ESOP, and scenario modeling tools primarily to European startups. It is comparable on product surface area and target customer, though smaller and more regionally concentrated than Qapita.
• Capdesk: Capdesk is a UK-based equity management and shareholder management platform serving private companies and their investors. It overlaps with Qapita on cap table management and ESOP administration for growth-stage companies.

Broad incumbents

• Fidelity Private Shares: Fidelity Private Shares is a free equity management platform offered by Fidelity Investments targeting early-stage startups. As a large incumbent financial services brand, it overlaps with Qapita on cap table management but bundles it with Fidelity's broader wealth ecosystem.
• Shareworks by Morgan Stanley: Shareworks is Morgan Stanley's equity plan management platform, focused primarily on public company stock plan administration but also serving private companies. It is comparable as a broad incumbent offering equity management within a larger financial services portfolio.
• JPMorgan Workplace Solutions: JPMorgan Workplace Solutions offers equity compensation administration for public and private companies, including RSUs, options, and ESPP. As part of JPMorgan, it is a broad incumbent in equity plan administration with overlap on stock plan management.

Regional players

• AngelList (now part of Carta): AngelList operates private market deal-making, fund formation, and equity management infrastructure for startups and venture funds. It was acquired by Carta in 2023 and remains comparable on private market cap table and fund operations services.

Market position

Strengths5 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• Xx.com/qapita
• YouTubeyoutube.com/@qapita8969
• LinkedInlinkedin.com/company/qapita
• Instagraminstagram.com/qapitacorp/?hl=en

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Subsidiaries3 records

Funding overview

Funding rounds6 records

Investors15 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A3 records

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Qapita