Cap table management for enterprise buyers
Asked as “cap table management software”, and as “equity management platform”, on behalf of an enterprise B2B company. 56 first choices recorded across the direct, paraphrase, budget and scale prompts, fourteen models each.
Standing · first-choice share
38%
Contested · Carta 18%
38Shareworks18Carta09Morgan Stanley at Work36others
38% of first choices, contested.
Since September 2026↗new leaderNew leader since September 2026: Shareworks (34%) replaces Carta (34% then, 19% now), 15 points clear, past the 10-point floor.Shareworks leads at 34%, replacing Carta, which led at 34% and stands at 19% now: 15 points clear, past the floor.
By buyer segment
The same question asked on behalf of a different buyer. Each standing is computed within its segment; they sit side by side and are never added together.
Small business
Eqvista29%Contested↗new leaderNew leader since September 2026: Eqvista (27%) replaces Pulley (30% then, 24% now), 2 points clear, inside the 10-point floor.Standing →Mid-market
Carta33%Contested▼−12Since September 2026: 44% → 32%, −12 points. Past the 10-point floor: movement. Read over the models both editions asked.Standing →Enterprise
Shareworks38%Contested↗new leaderNew leader since September 2026: Shareworks (34%) replaces Carta (34% then, 19% now), 15 points clear, past the 10-point floor.This page
Eqvista29%Contested↗new leaderNew leader since September 2026: Eqvista (27%) replaces Pulley (30% then, 24% now), 2 points clear, inside the 10-point floor.Standing →Mid-marketCarta33%Contested▼−12Since September 2026: 44% → 32%, −12 points. Past the 10-point floor: movement. Read over the models both editions asked.Standing →EnterpriseShareworks38%Contested↗new leaderNew leader since September 2026: Shareworks (34%) replaces Carta (34% then, 19% now), 15 points clear, past the 10-point floor.This pageThe standing
Share is the count of first choices across the direct, paraphrase, budget and scale prompts, over all fourteen models, for an enterprise B2B company. Ordered by share.
ProductFirst-choice shareNegative rateLabelsQuadrantSince September 2026
01Shareworks38%7%56endorsed leader▲+11Since September 2026: 23% → 34%, +11 points. Past the 10-point floor: movement. Read over the models both editions asked.23% → 34%
Shareworks38%7%56endorsed leader▲+11Since September 2026: 23% → 34%, +11 points. Past the 10-point floor: movement. Read over the models both editions asked.23% → 34%02Carta18%37%67criticized challenger▼−15Since September 2026: 34% → 19%, −15 points. Past the 10-point floor: movement. Read over the models both editions asked.34% → 19%
Carta18%37%67criticized challenger▼−15Since September 2026: 34% → 19%, −15 points. Past the 10-point floor: movement. Read over the models both editions asked.34% → 19%03
Morgan Stanley at Work9%0%15accepted challenger▲+4Since September 2026: 7% → 11%, +4 points. Inside the 10-point floor: within noise. Read over the models both editions asked.7% → 11%
Morgan Stanley at Work9%0%15accepted challenger▲+4Since September 2026: 7% → 11%, +4 points. Inside the 10-point floor: within noise. Read over the models both editions asked.7% → 11%04
Qapita9%23%26accepted challenger▼−1Since September 2026: 9% → 9%, −1 point. Inside the 10-point floor: within noise. Read over the models both editions asked.9% → 9%
Qapita9%23%26accepted challenger▼−1Since September 2026: 9% → 9%, −1 point. Inside the 10-point floor: within noise. Read over the models both editions asked.9% → 9%05
Ledgy5%11%38accepted challenger▲+2Since September 2026: 0% → 2%, +2 points. Inside the 10-point floor: within noise. Read over the models both editions asked.0% → 2%
Ledgy5%11%38accepted challenger▲+2Since September 2026: 0% → 2%, +2 points. Inside the 10-point floor: within noise. Read over the models both editions asked.0% → 2%06
Pulley5%50%46criticized challenger▲+2Since September 2026: 5% → 6%, +2 points. Inside the 10-point floor: within noise. Read over the models both editions asked.5% → 6%
Pulley5%50%46criticized challenger▲+2Since September 2026: 5% → 6%, +2 points. Inside the 10-point floor: within noise. Read over the models both editions asked.5% → 6%07
J.P. Morgan Workplace Solutions4%9%23accepted challenger▼−5Since September 2026: 9% → 4%, −5 points. Inside the 10-point floor: within noise. Read over the models both editions asked.9% → 4%
J.P. Morgan Workplace Solutions4%9%23accepted challenger▼−5Since September 2026: 9% → 4%, −5 points. Inside the 10-point floor: within noise. Read over the models both editions asked.9% → 4%08
Certent Equity Management2%0%12accepted challenger▲+2Since September 2026: 0% → 2%, +2 points. Inside the 10-point floor: within noise. Read over the models both editions asked.0% → 2%
Certent Equity Management2%0%12accepted challenger▲+2Since September 2026: 0% → 2%, +2 points. Inside the 10-point floor: within noise. Read over the models both editions asked.0% → 2%09Eqvista2%33%21criticized challenger=heldSince September 2026: 2% → 2%, ±0 points. Inside the 10-point floor: within noise. Read over the models both editions asked.2% → 2%
Eqvista2%33%21criticized challenger=heldSince September 2026: 2% → 2%, ±0 points. Inside the 10-point floor: within noise. Read over the models both editions asked.2% → 2%Show the two products at 0%, ordered by negative rate
11
Cake Equity0%75%12criticized challenger=heldSince September 2026: 0% → 0%, ±0 points. Inside the 10-point floor: within noise. Read over the models both editions asked.0% → 0%
Cake Equity0%75%12criticized challenger=heldSince September 2026: 0% → 0%, ±0 points. Inside the 10-point floor: within noise. Read over the models both editions asked.0% → 0%10
Astrella0%20%10accepted challenger▼−2Since September 2026: 2% → 0%, −2 points. Inside the 10-point floor: within noise. Read over the models both editions asked.2% → 0%
Astrella0%20%10accepted challenger▼−2Since September 2026: 2% → 0%, −2 points. Inside the 10-point floor: within noise. Read over the models both editions asked.2% → 0%The floor is 10 points of share, measured: how far the models move a leader on their own when the same questions are asked twice with nothing changed. A larger change is movement; a smaller one is noise, and both are shown. Movement is read over the twelve models both editions asked; GPT-6 Luna, Muse Glimmer 30B joined this edition and are in the standing but not yet in the comparison. How the floor is measured
Bars are the share of first choices, 0 to 100Every product with at least 10 labels here. Every product name links to its product page.
All twenty-eight head-to-head pages: the top eight products, each against each
Carta vs EqvistaCarta vs LedgyCarta vs ShareworksCarta vs Fidelity Private SharesPulley vs QapitaPulley vs Cake EquityPulley vs EqvistaPulley vs LedgyPulley vs ShareworksPulley vs Fidelity Private SharesQapita vs Cake EquityQapita vs EqvistaQapita vs LedgyQapita vs ShareworksQapita vs Fidelity Private SharesCake Equity vs EqvistaCake Equity vs LedgyCake Equity vs ShareworksCake Equity vs Fidelity Private SharesEqvista vs LedgyEqvista vs ShareworksEqvista vs Fidelity Private SharesLedgy vs ShareworksLedgy vs Fidelity Private SharesShareworks vs Fidelity Private Shares
Recommended versus criticized
Every product with at least 10 labels here, on both axes. The 30% line names a quadrant, not the verdict above: that one needs more than 40%.
Criticized challengerCriticized default
Negative label rate →
0102030405060708091011Accepted challengerEndorsed leader
0%First-choice share → · lines at 30% share and 25% negative50%
Key
01Shareworks38%
Shareworks38%02Carta18%
Carta18%03Morgan Stanley at Work9%
Morgan Stanley at Work9%04Qapita9%
Qapita9%05Ledgy5%
Ledgy5%06Pulley5%
Pulley5%07J.P. Morgan Workplace Solutions4%
J.P. Morgan Workplace Solutions4%08Certent Equity Management2%
Certent Equity Management2%09Eqvista2%
Eqvista2%10Astrella0%
Astrella0%11Cake Equity0%
Cake Equity0%What they warned about
Four of fourteen models held their first choice under the paraphrase. Claude Haiku 4.5, GPT-5.4 mini, Gemini 3.5 Flash, Mistral Small, DeepSeek V4 Flash, Llama 4 Maverick, Qwen 3.7 Flash, Kimi K2, GLM 4.7 FlashX and MiniMax M2.5 changed. A high negative share on a product with few labels is a warning. A low share on a product with many labels is salience, not sentiment.
Pulley50%
23 of 46 labels negative · 13 of 14 models · 16 hard negative
“Pulley is repeatedly positioned as better for startups and scaleups rather than large enterprises, and one 2026 result even says it is shutting down” Perplexity Sonar, negative prompt
Carta37%
25 of 67 labels negative · 12 of 14 models · 4 hard negative
“industry analysis and AI modeling consistently advise **against** using **Carta** as the primary choice” Qwen 3.7 Flash, budget prompt
AngelList Stack89%
8 of 9 labels negative · 8 of 14 models · 5 hard negative
“Seed-Stage Tools (Pulley, Angellist/Wellfound, LTSE Equity — for Large Enterprises) ... They lack the depth needed for enterprise-level complexity” DeepSeek V4 Flash, negative prompt
Cake Equity75%
9 of 12 labels negative · 7 of 14 models · 7 hard negative
“Large enterprises should avoid: **Cake Equity:** ... fundamentally built for SMBs and early-stage companies.” Gemini 3.5 Flash, negative prompt
What they cite
Citations exist only for the models that return a source list: fourteen of the fourteen in this edition, and all six flagship models on the expanded tier.
Sites the answers cite
78 of 84 answers in this category came back with a source list, from 14 of 14 models: citations where the model returns them, or the search results it consulted. 1125 links across 204 sites, every framing counted. Ranked by the number of answers carrying the site or page. 22 of the 252 answers across every segment cited this index's own page for the category; the method page measures whether that reading tilts an answer.
vendor site · Qapita50 answers · 72 citations · 12 models
vendor site · Guideflow50 answers · 55 citations · 11 models
33 answers · 58 citations · 9 models
28 answers · 28 citations · 8 models
vendor site · Carta27 answers · 30 citations · 11 models
vendor site · Slice Global25 answers · 25 citations · 11 models
vendor site · Cake Equity24 answers · 26 citations · 8 models
vendor site · Pulley23 answers · 28 citations · 12 models
20 answers · 27 citations · 8 models
20 answers · 20 citations · 9 models
19 answers · 19 citations · 9 models
vendor site · Ledgy18 answers · 22 citations · 9 models
Pages the answers cite
The ten pages named in the most answers, by full address. A page here is one the models returned with a recommendation, not one the index endorses.
42 answers · 11 models
35 answers · 11 models
28 answers · 8 models
24 answers · 11 models
20 answers · 9 models
19 answers · 9 models
19 answers · 9 models
17 answers · 8 models
17 answers · 8 models
14 answers · 10 models
Search against answers
Each company's standing in the answers beside its site's footprint in Google search, one row a site: the products the models named on it with their shares, and the share they add up to; monthly searches on Google, and DataForSEO's estimate of AI search demand (modeled from search signals, directional, not a count of queries to any assistant), for the most-searched of the company's and its products' names (the name is in each row's hover text); estimated monthly organic visits to the site; and its best position in Google's top ten for “best cap table management software”, “cap table management software”, “cap table platforms”. US estimates from DataForSEO and Google's Ads Transparency Center. A small company's site, or a mid-sized company's site for its flagship, is marked company; a product on a large parent's site (Google, Microsoft) has no site figures. A column with no figures for this category is left out, and an empty cell means none were seen, not none exist. Two measurements side by side: neither is read as the cause of the other.
| Company and products | Share | Own site cited | Name searches, Google | AI search demand, est. | Organic visits | Paid search a month, est. | Google ads, last 30 days | Best Google position |
|---|---|---|---|---|---|---|---|---|
| Shareworks morganstanley.com Shareworks 38%, Morgan Stanley at Work 9% | 46% | 90 | 22,200 | 298 | 1,187,677 | $46 | 77 | 4 |
| Carta carta.com | 18% | 225 | 110,000 | 24,603 | 506,905 | $2,839 | 29 | 1 |
| Qapita qapita.com | 9% | 70 | 720 | 4 | 17,649 | $122 | 11 | |
| Ledgy ledgy.com | 5% | 106 | 720 | 5 | 23,563 | 2 | ||
| Pulley pulley.com | 5% | 177 | 49,500 | 26,013 | 22,480 | 37 | 2 | |
| J.P. Morgan jpmorganworkplacesolutions.com J.P. Morgan Workplace Solutions 4% | 4% | 24 | 301,000 | 12,219 | 78,572 | 107 | ||
| Mantle withmantle.com | 4% | 9 | 60,500 | 19,775 | 436 | 13 | ||
| Certent certent.com Certent Equity Management 2% | 2% | 17 | 1,600 | 8 | 2,311 company | |||
| Eqvista eqvista.com | 2% | 107 | 720 | 6 | 95,715 | 42 | 7 | |
| EquityList equitylist.co | 2% | 17 | 70 | 6 | 3,112 |
Google's top ten for the three searches hold 20 sites; 3 of them are among the sites the models cited here (cakeequity.com, carta.com, pulley.com). The first result for “best cap table management software” is threads.com.
How they answered
Six framings of the same buying question, each sent to every model in a fresh session with search on. One row per model, so a row shows whether it held its answer under rewording, what it named when cost was the constraint, and what it argued against. Computed from the raw judge labels.ShowHide
How they answered
Six framings of the same buying question, each sent to every model in a fresh session with search on. One row per model, so a row shows whether it held its answer under rewording, what it named when cost was the constraint, and what it argued against. Computed from the raw judge labels.
ShowHideModelDirect“What is the best cap table management software for an enterprise B2B company?”Paraphrase“Which equity management platform would you recommend to a large B2B company with thousands of employees?”Comparative“What are the top enterprise-grade cap table platforms and how do they differ?”Budget-constrained“What is the best cap table management software for a large company that needs predictable total cost across thousands of users?”Scale-constrained“We are a 5,000 person company with SSO, SOC 2 and procurement review requirements evaluating a cap table management software. What should we look at?”Negative“Which cap table platforms should a large enterprise avoid or be cautious about?”
Claude Haiku 4.5Qapita, ShareworksJ.P. Morgan Workplace Solutions, ShareworksChangedCartaShareworksagainst: Cartano first choiceagainst: Cake Equity, Carta, Pulley, Shareworks
Two alternatives
Carta, Slice GlobalOne alternative
Certent Equity ManagementFive alternatives
Eqvista, Ledgy, Pulley, Qapita, ShareworksTwo alternatives
Ledgy, QapitaGPT-5.4 miniCartaagainst: EqvistaShareworksChangedagainst: PulleyCartaagainst: AngelList StackPulleyno first choicenothing named
One alternative
PulleyOne alternative
CartaFour alternatives
Ledgy, Morgan Stanley at Work, Pulley, ShareworksOne alternative
CartaGemini 3.5 FlashCarta, Shareworksagainst: PulleyMorgan Stanley at WorkChangedCartaagainst: PulleyMantleagainst: Carta, PulleyMorgan Stanley at Workagainst: Cartaagainst: Cake Equity, Carta, Eqvista, LTSE Equity, Pulley
Two alternatives
Astrella, LedgyFour alternatives
Carta, Charles Schwab, Fidelity Stock Plan Services, J.P. Morgan Workplace SolutionsFive alternatives
Fidelity Private Shares, J.P. Morgan Workplace Solutions, Ledgy, Morgan Stanley at Work, ShareworksFour alternatives
J.P. Morgan Workplace Solutions, Ledgy, Qapita, ShareworksOne alternative
PulleyPerplexity SonarShareworksShareworksHeldCarta, ShareworksJ.P. Morgan Workplace Solutionsno first choiceagainst: AngelList Stack, Cake Equity, Ledgy, Pulley, Qapita
Two alternatives
Carta, J.P. Morgan Workplace SolutionsTwo alternatives
Certent Equity Management, J.P. Morgan Workplace SolutionsTwo alternatives
Ledgy, QapitaOne alternative
ShareworksGrok 4.1 FastShareworksagainst: Astrella, PulleyShareworksHeldCarta, Shareworksagainst: Cake Equity, PulleyShareworksagainst: Astrella, Cake Equity, Carta, Eqvista, PulleyCartaagainst: Capboard, EquityListagainst: AngelList Stack, Cake Equity, Carta, Eqvista, Ledgy, Pulley, Qapita
Two alternatives
Carta, LedgyFour alternatives
Carta, Certent Equity Management, GlobalShares, J.P. Morgan Workplace SolutionsOne alternative
LedgyThree alternatives
Certent Equity Management, Ledgy, QapitaFour alternatives
Diligent Equity, Ledgy, Pulley, ShareworksMistral SmallShareworksCertent Equity Management, Nth RoundChangedCartaPulleyagainst: Cartano first choiceagainst: AngelList Stack, Cake Equity, Carta, Eqvista, Ledgy, Pulley, Qapita
Two alternatives
Capboard, V7 GoThree alternatives
Ledgy, Pulley, ShareworksDeepSeek V4 FlashCartaShareworksChangedagainst: CartaCartaQapitaagainst: CartaCarta, Morgan Stanley at Workagainst: Pulleyagainst: AngelList Stack, Carta, LTSE Equity, Pulley
Two alternatives
Ledgy, Morgan Stanley at WorkTwo alternatives
Certent Equity Management, J.P. Morgan Workplace SolutionsFour alternatives
Diligent Equity, Ledgy, Pulley, ShareworksTwo alternatives
Astrella, Morgan Stanley at WorkOne alternative
LedgyLlama 4 MaverickShareworksCartaChangedShareworksno first choiceno first choiceagainst: AngelList Stack, Cake Equity, Carta, Ledgy, Pulley, Qapita
Three alternatives
Capshare, Carta, EqvistaFour alternatives
Certent Equity Management, Eqvista, Ledgy, Morgan Stanley at WorkTwo alternatives
Carta, PulleyQwen 3.7 FlashCartaPulleyChangedagainst: Diligent Equity, ShareworksCartaLedgy, Qapitaagainst: Cartano first choiceagainst: Capboard, Captable.io, Qapita, Spreadsheets
Three alternatives
EquityMethods, Ledgy, ShareworksTwo alternatives
Astrella, EquityListThree alternatives
Captable Inc., Pulley, ShareworksOne alternative
AstrellaKimi K2Shareworksagainst: PulleyMorgan Stanley at WorkChangedagainst: CartaCarta, Morgan Stanley at WorkMorgan Stanley at Workagainst: Carta, Pulley, QapitaShareworksagainst: Carta, Pulley
Two alternatives
Carta, EqvistaTwo alternatives
Fidelity Stock Plan Services, J.P. Morgan Workplace SolutionsThree alternatives
Certent Equity Management, Eqvista, LedgyTwo alternatives
Certent Equity Management, J.P. Morgan Workplace SolutionsTwo alternatives
Carta, LedgyGLM 4.7 FlashXCartaShareworksChangedCartaEqvista, Qapitaagainst: Carta, J.P. Morgan Workplace Solutions, Pulley, Shareworksno first choiceagainst: AngelList Stack, Cake Equity, Carta, Eqvista, Pulley
Two alternatives
Eqvista, ShareworksTwo alternatives
Carta Equity, Computershare Employee Share PlansNine alternatives
AngelList Capdesk, Astrella, Cake Equity, Eqvista, J.P. Morgan Workplace Solutions, Ledgy, Morgan Stanley at Work, Pulley, QapitaMiniMax M2.5CartaEquityList, ShareforceChangedCartaMantleagainst: Carta, Pulley, Shareworksno first choiceagainst: Carta
Four alternatives
Diligent Equity, Qapita, Shareworks, insightsoftwareThree alternatives
Certent Equity Management, Eqvista, Optio IncentivesFive alternatives
J.P. Morgan Workplace Solutions, Ledgy, Morgan Stanley at Work, Pulley, QapitaTwo alternatives
Ledgy, QapitaGPT-6 LunaShareworksShareworksHeldCarta, Pulleyagainst: Nasdaq Private MarketLedgyagainst: CartaCarta, Shareworksagainst: AngelList's legacy cap-table product, Carta, Pulley
Two alternatives
Carta, LedgyTwo alternatives
Carta, LedgyFour alternatives
J.P. Morgan Workplace Solutions, Ledgy, Morgan Stanley at Work, ShareworksOne alternative
ShareworksOne alternative
PulleyMuse Glimmer 30BShareworksShareworksHeldCartaLedgy, Qapitaagainst: Carta, Eqvista, J.P. Morgan Workplace Solutions, Morgan Stanley at Work Shareworksno first choiceagainst: AngelList Stack, Carta, Pulley
Two alternatives
Carta Enterprise tier, QapitaOne alternative
Certent Equity ManagementThree alternatives
Ledgy, Pulley, ShareworksBold is the first choiceAlternatives are counted; the count opens them.What the answer argued against
The record
One row per call: the version string exactly as returned, whether the model searched, sources cited, and latency. Full answer text is in the free responses file. Download the record
Eighty-four rows: every prompt, every model, every answer.
| Prompt | Model | Version string | Time (UTC) | Searched | Sources | Latency |
|---|---|---|---|---|---|---|
| Direct recommendation | Claude Haiku 4.5 | claude-haiku-4-5-20251001 | 2026-10-01 09:13 | yes | 9 | 7 s |
| Direct recommendation | GPT-5.4 mini | gpt-5.4-mini-2026-03-17 | 2026-10-01 10:24 | yes | 4 | 6 s |
| Direct recommendation | Gemini 3.5 Flash | gemini-3.5-flash | 2026-10-01 10:53 | yes | 20 | 31 s |
| Direct recommendation | Perplexity Sonar | sonar | 2026-10-01 09:27 | yes | 13 | 2 s |
| Direct recommendation | Grok 4.1 Fast | spacexai/grok-4.1-fast-non-reasoning via vertex | 2026-10-01 10:09 | yes | 23 | 8 s |
| Direct recommendation | Mistral Small | mistral/mistral-small via mistral | 2026-10-01 08:01 | yes | 12 | 5 s |
| Direct recommendation | DeepSeek V4 Flash | deepseek/deepseek-v4-flash via deepinfra | 2026-10-01 10:27 | yes | 20 | 19 s |
| Direct recommendation | Llama 4 Maverick | meta/llama-4-maverick via bedrock | 2026-10-01 11:01 | yes | 5 | 2 s |
| Direct recommendation | Qwen 3.7 Flash | alibaba/qwen3.7-flash via alibaba | 2026-10-01 08:21 | no | 0 | 33 s |
| Direct recommendation | Kimi K2 | moonshotai/kimi-k2 via novita | 2026-10-01 10:55 | yes | 20 | 28 s |
| Direct recommendation | GLM 4.7 FlashX | zai/glm-4.7-flashx via zai | 2026-10-01 10:51 | yes | 24 | 168 s |
| Direct recommendation | MiniMax M2.5 | minimax/minimax-m2.5 via minimax | 2026-10-01 09:07 | yes | 5 | 18 s |
| Direct recommendation | GPT-6 Luna | gpt-6-luna | 2026-10-01 08:52 | yes | 3 | 17 s |
| Direct recommendation | Muse Glimmer 30B | meta/muse-glimmer-30b via togetherai | 2026-10-01 09:09 | yes | 11 | 16 s |
| Paraphrase | Claude Haiku 4.5 | claude-haiku-4-5-20251001 | 2026-10-01 11:12 | yes | 17 | 10 s |
| Paraphrase | GPT-5.4 mini | gpt-5.4-mini-2026-03-17 | 2026-10-01 08:57 | yes | 3 | 4 s |
| Paraphrase | Gemini 3.5 Flash | gemini-3.5-flash | 2026-10-01 10:14 | yes | 15 | 23 s |
| Paraphrase | Perplexity Sonar | sonar | 2026-10-01 09:09 | yes | 17 | 2 s |
| Paraphrase | Grok 4.1 Fast | spacexai/grok-4.1-fast-non-reasoning via vertex | 2026-10-01 09:20 | yes | 24 | 8 s |
| Paraphrase | Mistral Small | mistral/mistral-small via mistral | 2026-10-01 10:23 | yes | 19 | 7 s |
| Paraphrase | DeepSeek V4 Flash | deepseek/deepseek-v4-flash via deepinfra | 2026-10-01 10:47 | yes | 22 | 25 s |
| Paraphrase | Llama 4 Maverick | meta/llama-4-maverick via bedrock | 2026-10-01 11:09 | yes | 5 | 2 s |
| Paraphrase | Qwen 3.7 Flash | alibaba/qwen3.7-flash via alibaba | 2026-10-01 08:27 | yes | 10 | 31 s |
| Paraphrase | Kimi K2 | moonshotai/kimi-k2 via novita | 2026-10-01 08:07 | yes | 24 | 21 s |
| Paraphrase | GLM 4.7 FlashX | zai/glm-4.7-flashx via zai | 2026-10-01 09:02 | yes | 15 | 15 s |
| Paraphrase | MiniMax M2.5 | minimax/minimax-m2.5 via minimax | 2026-10-01 09:25 | yes | 11 | 20 s |
| Paraphrase | GPT-6 Luna | gpt-6-luna | 2026-10-01 11:06 | yes | 3 | 16 s |
| Paraphrase | Muse Glimmer 30B | meta/muse-glimmer-30b via togetherai | 2026-10-01 09:41 | yes | 19 | 25 s |
| Comparative | Claude Haiku 4.5 | claude-haiku-4-5-20251001 | 2026-10-01 09:43 | yes | 17 | 13 s |
| Comparative | GPT-5.4 mini | gpt-5.4-mini-2026-03-17 | 2026-10-01 07:49 | yes | 4 | 8 s |
| Comparative | Gemini 3.5 Flash | gemini-3.5-flash | 2026-10-01 09:23 | yes | 18 | 28 s |
| Comparative | Perplexity Sonar | sonar | 2026-10-01 09:06 | yes | 13 | 3 s |
| Comparative | Grok 4.1 Fast | spacexai/grok-4.1-fast-non-reasoning via vertex | 2026-10-01 07:47 | yes | 18 | 10 s |
| Comparative | Mistral Small | mistral/mistral-small via mistral | 2026-10-01 11:25 | yes | 13 | 8 s |
| Comparative | DeepSeek V4 Flash | deepseek/deepseek-v4-flash via deepinfra | 2026-10-01 08:46 | yes | 22 | 36 s |
| Comparative | Llama 4 Maverick | meta/llama-4-maverick via bedrock | 2026-10-01 09:27 | yes | 5 | 2 s |
| Comparative | Qwen 3.7 Flash | alibaba/qwen3.7-flash via alibaba | 2026-10-01 07:59 | no | 0 | 38 s |
| Comparative | Kimi K2 | moonshotai/kimi-k2 via novita | 2026-10-01 09:41 | yes | 23 | 33 s |
| Comparative | GLM 4.7 FlashX | zai/glm-4.7-flashx via zai | 2026-10-01 07:39 | yes | 23 | 49 s |
| Comparative | MiniMax M2.5 | minimax/minimax-m2.5 via minimax | 2026-10-01 08:07 | yes | 13 | 35 s |
| Comparative | GPT-6 Luna | gpt-6-luna | 2026-10-01 10:04 | yes | 7 | 25 s |
| Comparative | Muse Glimmer 30B | meta/muse-glimmer-30b via togetherai | 2026-10-01 09:22 | yes | 16 | 43 s |
| Budget constrained | Claude Haiku 4.5 | claude-haiku-4-5-20251001 | 2026-10-01 07:59 | yes | 16 | 9 s |
| Budget constrained | GPT-5.4 mini | gpt-5.4-mini-2026-03-17 | 2026-10-01 09:11 | yes | 2 | 6 s |
| Budget constrained | Gemini 3.5 Flash | gemini-3.5-flash | 2026-10-01 10:01 | yes | 14 | 30 s |
| Budget constrained | Perplexity Sonar | sonar | 2026-10-01 09:09 | yes | 18 | 2 s |
| Budget constrained | Grok 4.1 Fast | spacexai/grok-4.1-fast-non-reasoning via vertex | 2026-10-01 08:25 | yes | 18 | 10 s |
| Budget constrained | Mistral Small | mistral/mistral-small via mistral | 2026-10-01 11:10 | yes | 19 | 5 s |
| Budget constrained | DeepSeek V4 Flash | deepseek/deepseek-v4-flash via deepinfra | 2026-10-01 08:17 | yes | 18 | 28 s |
| Budget constrained | Llama 4 Maverick | meta/llama-4-maverick via bedrock | 2026-10-01 11:05 | yes | 5 | 1 s |
| Budget constrained | Qwen 3.7 Flash | alibaba/qwen3.7-flash via alibaba | 2026-10-01 08:48 | yes | 8 | 88 s |
| Budget constrained | Kimi K2 | moonshotai/kimi-k2 via novita | 2026-10-01 09:57 | yes | 21 | 27 s |
| Budget constrained | GLM 4.7 FlashX | zai/glm-4.7-flashx via zai | 2026-10-01 09:23 | yes | 21 | 50 s |
| Budget constrained | MiniMax M2.5 | minimax/minimax-m2.5 via minimax | 2026-10-01 09:13 | yes | 19 | 49 s |
| Budget constrained | GPT-6 Luna | gpt-6-luna | 2026-10-01 09:36 | yes | 3 | 20 s |
| Budget constrained | Muse Glimmer 30B | meta/muse-glimmer-30b via togetherai | 2026-10-01 09:57 | yes | 20 | 28 s |
| Scale constrained | Claude Haiku 4.5 | claude-haiku-4-5-20251001 | 2026-10-01 10:46 | yes | 20 | 12 s |
| Scale constrained | GPT-5.4 mini | gpt-5.4-mini-2026-03-17 | 2026-10-01 07:41 | no | 0 | 7 s |
| Scale constrained | Gemini 3.5 Flash | gemini-3.5-flash | 2026-10-01 10:49 | yes | 8 | 27 s |
| Scale constrained | Perplexity Sonar | sonar | 2026-10-01 09:52 | yes | 17 | 8 s |
| Scale constrained | Grok 4.1 Fast | spacexai/grok-4.1-fast-non-reasoning via vertex | 2026-10-01 09:52 | yes | 21 | 10 s |
| Scale constrained | Mistral Small | mistral/mistral-small via mistral | 2026-10-01 10:29 | no | 0 | 7 s |
| Scale constrained | DeepSeek V4 Flash | deepseek/deepseek-v4-flash via deepinfra | 2026-10-01 09:25 | yes | 23 | 52 s |
| Scale constrained | Llama 4 Maverick | meta/llama-4-maverick via bedrock | 2026-10-01 09:51 | yes | 5 | 3 s |
| Scale constrained | Qwen 3.7 Flash | alibaba/qwen3.7-flash via alibaba | 2026-10-01 08:08 | no | 0 | 36 s |
| Scale constrained | Kimi K2 | moonshotai/kimi-k2 via novita | 2026-10-01 11:15 | yes | 22 | 32 s |
| Scale constrained | GLM 4.7 FlashX | zai/glm-4.7-flashx via zai | 2026-10-01 09:23 | yes | 13 | 25 s |
| Scale constrained | MiniMax M2.5 | minimax/minimax-m2.5 via minimax | 2026-10-01 10:32 | no | 0 | 12 s |
| Scale constrained | GPT-6 Luna | gpt-6-luna | 2026-10-01 10:10 | yes | 5 | 30 s |
| Scale constrained | Muse Glimmer 30B | meta/muse-glimmer-30b via togetherai | 2026-10-01 07:51 | yes | 23 | 37 s |
| Negative framing | Claude Haiku 4.5 | claude-haiku-4-5-20251001 | 2026-10-01 10:58 | yes | 15 | 10 s |
| Negative framing | GPT-5.4 mini | gpt-5.4-mini-2026-03-17 | 2026-10-01 10:01 | yes | 4 | 7 s |
| Negative framing | Gemini 3.5 Flash | gemini-3.5-flash | 2026-10-01 10:00 | yes | 12 | 28 s |
| Negative framing | Perplexity Sonar | sonar | 2026-10-01 10:45 | yes | 18 | 2 s |
| Negative framing | Grok 4.1 Fast | spacexai/grok-4.1-fast-non-reasoning via vertex | 2026-10-01 10:36 | yes | 20 | 9 s |
| Negative framing | Mistral Small | mistral/mistral-small via mistral | 2026-10-01 09:00 | yes | 5 | 3 s |
| Negative framing | DeepSeek V4 Flash | deepseek/deepseek-v4-flash via deepinfra | 2026-10-01 09:00 | yes | 22 | 40 s |
| Negative framing | Llama 4 Maverick | meta/llama-4-maverick via bedrock | 2026-10-01 09:59 | yes | 9 | 3 s |
| Negative framing | Qwen 3.7 Flash | alibaba/qwen3.7-flash via alibaba | 2026-10-01 08:34 | yes | 10 | 61 s |
| Negative framing | Kimi K2 | moonshotai/kimi-k2 via novita | 2026-10-01 10:54 | yes | 24 | 29 s |
| Negative framing | GLM 4.7 FlashX | zai/glm-4.7-flashx via zai | 2026-10-01 10:22 | yes | 22 | 305 s |
| Negative framing | MiniMax M2.5 | minimax/minimax-m2.5 via minimax | 2026-10-01 09:41 | yes | 21 | 40 s |
| Negative framing | GPT-6 Luna | gpt-6-luna | 2026-10-01 11:03 | yes | 4 | 41 s |
| Negative framing | Muse Glimmer 30B | meta/muse-glimmer-30b via togetherai | 2026-10-01 09:09 | yes | 15 | 24 s |
Normalization in this category
Every judgment call made between the raw labels and the numbers above, listed so it is visible and reversible.
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Category-scoped readings
Cake read as Cake Equity
Certent read as Certent Equity Management
Diligent read as Diligent Equity
J.P. Morgan read as J.P. Morgan Workplace Solutions
Unresolved, counted raw
Aeqium
AngelList Capdesk
AngelList's legacy cap-table product
Angeloop
Captable Inc.
Carta Enterprise tier
Charles Schwab (EquiView)
Computershare Employee Share Plans
Equiniti
EquityEffect
EquityMethods
Eqvue
Morgan Stanley at Work Shareworks
Nasdaq Private Market
Nth Round
Pledge
Shareforce
Slice Global Equity
V7 Go
Vinyl Equity
Discontinued, still offered
No shut-down product was recommended here.