AI Indexes
Finance AI Index
Index › Equity and corporate › Cap table management › Carta vs Qapita
Cap table management · October 2026 Edition

Carta vs Qapita

Nine of fourteen models named Carta first on the direct prompt; three named Qapita. Carta was named by fourteen of the fourteen models and Qapita by twelve and Carta carries 74 labels and Qapita 29, so the shares are not directly comparable.

Carta

criticized default

Named in two categories this edition.

Qapita

accepted challenger

Named in one category this edition.

First-choice share33%12%Of first choices across the direct, paraphrase, budget and scale prompts, 0 to 100.
Negative rate32%3%Negative labels as a share of the product's labels, 0 to 100.
Rank in category#1#3A position in a field of 10; printed, not drawn.
Labels7429A count; the two differ.
The two percentage rows are drawn on one 0 to 100 track, Carta reading right to left. Rank and label count are printed, not drawn.Pulley was named alongside these two in eight of the fourteen direct answers. Carta vs Pulley · Carta vs Cake Equity · Carta vs Eqvista

Share is the count of first choices across the direct, paraphrase, budget and scale prompts over all fourteen models, for a mid-market B2B company; rank is within the category; every quote names the model and the prompt it came from. Both figures come from the cap table management page.

By framing

How many of the fourteen models made each the first choice, per way of asking, and how many argued against it.
CartaFirst choices, of fourteen modelsQapita
Direct931 against Carta
Paraphrase233 against Carta
Comparative1201 against Carta
Budget-constrained204 against Carta
Scale-constrained402 against Carta
Negative0013 against Carta · 1 against Qapita
Bars are first choices, 0 to 14 each sideModels that argued againstA model can name both, so the two sides of a row do not sum to fourteen.

Across every category in the October 2026 Edition, Carta and Qapita were named in the same answer sixty-one times, of the 239 answers naming Carta and the 70 naming Qapita. In those answers Qapita took the first choice ten times and Carta twenty-two.

Every model, every framing

The eighty-four answers behind the chart above, one cell each: where Carta and Qapita stood in it.
ModelDirectParaphraseComparativeBudget-constrainedScale-constrainedNegative
Claude Haiku 4.5
GPT-5.4 mini
Gemini 3.5 Flash
Perplexity Sonar
Grok 4.1 Fast
Mistral Small
DeepSeek V4 Flash
Llama 4 Maverick
Qwen 3.7 Flash
Kimi K2
GLM 4.7 FlashX
MiniMax M2.5
GPT-6 Luna
Muse Glimmer 30B
Carta Qapita first choice named as an alternative argued againstblank: not namedEach cell is one answer, Carta on the left and Qapita on the right.

The direct prompt

The plain question, one answer per model, grouped by where Carta and Qapita stood in it.

Carta first, Qapita an alternative

9 of 14 modelsQapita was named in the answer but not as the choice, or not at all.
GPT-5.4 miniCarta alternatives: Eqvista, Ledgy, Shareworks
Gemini 3.5 FlashCarta alternatives: Ledgy, Mantle, Qapita
Perplexity SonarCarta alternatives: Cake Equity, Pulley, Qapita
Grok 4.1 FastCarta alternatives: Ledgy, Pulley
DeepSeek V4 FlashCarta, Pulley alternatives: Shareworks
Qwen 3.7 FlashCarta alternatives: Pulley, Qapita, Shareworks
GLM 4.7 FlashXCarta alternatives: Fidelity Private Shares, Pulley, Qapita
GPT-6 LunaCarta alternatives: Shareworks
Muse Glimmer 30BCarta alternatives: Cake Equity, Ledgy, Qapita

Qapita first, Carta an alternative

3 of 14 modelsCarta was named in the answer but not as the choice, or not at all.
Claude Haiku 4.5Qapita alternatives: Cake Equity, Carta, Pulley
Mistral SmallQapita alternatives: Ledgy, Pulley
MiniMax M2.5Cake Equity, Qapita alternatives: Carta, Shareworks

Neither was named

2 of 14 modelsThe answer made no first choice from these two in this category.
Llama 4 Maverickno first choice
Kimi K2Cake Equity, Pulley alternatives: Eqvista, Ledgy

Bold names in an answer are the products the judge labeled a first choice; a model naming several gives each of them that label. The full answer text for every row is in the record.

By buyer segment

The same question asked on behalf of a different buyer. Each standing is computed within its segment and they are never added together. The figures above are the mid-market standing, which is the one the category orders by.
Small business
Carta leads by eighteen points.
Carta21%#2 of 10
Qapita4%#5 of 10
The full small business standing →
Mid-marketThe figures above
Carta leads by twenty-two points.
Carta33%#1 of 10
Qapita12%#3 of 10
The full mid-market standing →
Enterprise
Carta leads by nine points.
Carta18%#2 of 11
Qapita9%#4 of 11
The full enterprise standing →

What the models said about Carta

Every negative label with a quote, up to three, then the highest-weighted positives, up to three. Six of seven in this category shown.

“Carta — Approach with Caution ... Data misuse for secondary trading: Carta was caught using confidential customer cap table data to solicit secondary share sales” Kimi K2 · negative prompt · hard negative
“Founders have publicly reported steep, unexpected price increases at renewal... canceling required scheduling a mandatory meeting” Claude Haiku 4.5 · negative prompt · hard negative
“Avoid Carta if budget is your top concern” Kimi K2 · budget prompt · hard negative
“Carta: The market leader for VC-backed private companies. Highly trusted by law firms and investors. It offers the most comprehensive suite of services ... but it is generally the most expensive option.” Gemini 3.5 Flash · scale prompt · first choice
“I'd generally recommend Carta if your priorities are cap table management, fundraising workflow, and a platform that can scale” GPT-5.4 mini · paraphrase prompt · first choice
“Go with Carta if you need end-to-end (formation to exit), have 50+ stakeholders... dominant for mid-market B2B despite past issues.” Grok 4.1 Fast · direct prompt · first choice

What the models said about Qapita

Every negative label with a quote, up to three, then the highest-weighted positives, up to three. Four of five in this category shown.

“recurring mentions of technical issues, limited customization, and complex reporting” Claude Haiku 4.5 · negative prompt · soft negative
“Qapita is a top recommendation due to its strong mid-market focus, ease of use, and comprehensive features” Mistral Small · paraphrase prompt · first choice
“Qapita stands out as the best overall choice due to its scalability, automation, and global capabilities.” Mistral Small · direct prompt · first choice
“Qapita — Best Overall for Mid-Market ... Go with Qapita or Cake Equity” MiniMax M2.5 · direct prompt · first choice
Also compared

Comparisons are drawn for the top eight products in each category, each against each. The output is the models' output; nothing here is a recommendation by the index.