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Index › Equity and corporate › Cap table management › Qapita vs Ledgy
Cap table management · October 2026 Edition

Qapita vs Ledgy

Three of fourteen models named Qapita first on the direct prompt; zero named Ledgy. Qapita was named by twelve of the fourteen models and Ledgy by thirteen and Qapita carries 29 labels and Ledgy 39, so the shares are not directly comparable.

Qapita

accepted challenger

Named in one category this edition.

Ledgy

accepted challenger

Named in two categories this edition.

First-choice share12%2%Of first choices across the direct, paraphrase, budget and scale prompts, 0 to 100.
Negative rate3%5%Negative labels as a share of the product's labels, 0 to 100.
Rank in category#3#6A position in a field of 10; printed, not drawn.
Labels2939A count; the two differ.
The two percentage rows are drawn on one 0 to 100 track, Qapita reading right to left. Rank and label count are printed, not drawn.Carta was named alongside these two in eleven of the fourteen direct answers. Carta vs Qapita · Carta vs Ledgy · Pulley vs Qapita

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.
QapitaFirst choices, of fourteen modelsLedgy
Direct30
Paraphrase30
Comparative00
Budget-constrained001 against Ledgy
Scale-constrained01
Negative001 against Qapita · 1 against Ledgy
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, Qapita and Ledgy were named in the same answer forty-one times, of the 70 answers naming Qapita and the 109 naming Ledgy. In those answers Ledgy took the first choice one time and Qapita three.

Every model, every framing

The eighty-four answers behind the chart above, one cell each: where Qapita and Ledgy 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
Qapita Ledgy first choice named as an alternative argued againstblank: not namedEach cell is one answer, Qapita on the left and Ledgy on the right.

The direct prompt

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

Qapita first, Ledgy an alternative

3 of 14 modelsLedgy 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 the first choice, one was named

8 of 14 modelsThe answer put something else first and named one of the two as an alternative.
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
Qwen 3.7 FlashCarta alternatives: Pulley, Qapita, Shareworks
Kimi K2Cake Equity, Pulley alternatives: Eqvista, Ledgy
GLM 4.7 FlashXCarta alternatives: Fidelity Private Shares, Pulley, Qapita
Muse Glimmer 30BCarta alternatives: Cake Equity, Ledgy, Qapita

Neither was named

3 of 14 modelsThe answer made no first choice from these two in this category.
DeepSeek V4 FlashCarta, Pulley alternatives: Shareworks
Llama 4 Maverickno first choice
GPT-6 LunaCarta alternatives: Shareworks

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
Qapita leads by four points.
Qapita4%#5 of 10
Ledgy0%#7 of 10
The full small business standing →
Mid-marketThe figures above
Qapita leads by ten points.
Qapita12%#3 of 10
Ledgy2%#6 of 10
The full mid-market standing →
Enterprise
Qapita leads by four points.
Qapita9%#4 of 11
Ledgy5%#5 of 11
The full enterprise standing →

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

What the models said about Ledgy

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

“Historic data setup can take effort and some users find complex funding round modeling less intuitive” Claude Haiku 4.5 · negative prompt · soft negative
“starts at €75/month, but is often a better fit for European/international companies” GPT-5.4 mini · budget prompt · soft negative
“Shortlist 3–5: Demo Carta, Ledgy, and 1–2 others matching your location/equity needs.” Grok 4.1 Fast · scale prompt · first choice
“these international-first platforms offer superior localized tax and legal compliance automation compared to US-centric platforms” Gemini 3.5 Flash · scale prompt · alternative
“they're flagged more than leaders like Ledgy or Fidelity Private Shares ... For growth, Ledgy (EU/international)” Grok 4.1 Fast · negative prompt · alternative
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.