Small business=heldSince September 2026: 0% → 0%, ±0 points. Inside the 10-point floor: within noise. Read over the models both editions asked.
0%from 0% in September 2026
Inside the floor by 10 pointsRank 11 → 9 of 47
2 categories · RankedLedgy
109Judge labels
4First choices
9Negative labels
14 / 14Models named it
2Categories
October 2026 Edition. Every number here is derived from the raw labels under vendor table v2026-10.7, every buyer segment counted.
Best standing
5% in Cap table management for enterprise buyers
Rank 6 of 42 in the mid-market standingaccepted challenger
0 of 14 models made it the first choice on the direct prompt; 5% of its 39 labels there were negative.
What the models named instead of Ledgy →By buyer segmentRead the same way at every buyer size.
Small business10 of 53
0%30 labels
accepted challenger
Mid-market6 of 42
2%39 labels
accepted challenger
Enterprise5 of 52
5%38 labels
accepted challenger
In cap table management · each standing computed within its segment · bars are 0 to 100 · the accent bar is the product's own best reading
Standing by category
Every category where a model named Ledgy for a mid-market B2B company. Share is first choices across the direct, paraphrase, budget and scale prompts; rank is within every product named in that category.
| Category | Function | Share | Rank | Negative rate | Labels | Quadrant | Since September 2026 |
|---|---|---|---|---|---|---|---|
| Cap table management | Equity and corporate | 2% | 6 of 42 | 5% | 39 | accepted challenger | ▼−1Since September 2026: 3% → 2%, −1 point. Inside the 10-point floor: within noise. Read over the models both editions asked. |
| Board and investor reporting | Planning and analysis | 0% | 30 of 99 | 0% | 2 | under 10 labels · led by OnBoard at 26% | newNew since September 2026: not ranked then, 0% now. |
Movement
Since September 2026, Ledgy held within the floor in all two categories: no change cleared 10 points.
Best category · Cap table management · by segment
Mid-market▼−1Since September 2026: 3% → 2%, −1 point. Inside the 10-point floor: within noise. Read over the models both editions asked.
2%from 3% in September 2026
Inside the floor by 9 pointsRank 6 of 39, unchanged
Enterprise▲+2Since September 2026: 0% → 2%, +2 points. Inside the 10-point floor: within noise. Read over the models both editions asked.
2%from 0% in September 2026
Inside the floor by 8 pointsRank 11 → 8 of 48
All categories · Mid-market
| Category | September 2026 | Now | Change | Reading | Rank |
|---|---|---|---|---|---|
| Cap table management | 3% | 2% | ▼−1Since September 2026: 3% → 2%, −1 point. Inside the 10-point floor: within noise. Read over the models both editions asked. | Within noise | Rank 6 of 42, unchanged |
| Board | 0% | 0% | newNew since September 2026: not ranked then, 0% now. | New this edition | Rank 30 of 99, unchanged |
Shares here are read over the models both editions asked, so they can differ by a point or two from the standing above, which counts every model in this edition.
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 · The editions
By model
How each model treated Ledgy across every prompt where it was named for a mid-market B2B company. Fourteen models, six prompts per category.ShowHide
By model
How each model treated Ledgy across every prompt where it was named for a mid-market B2B company. Fourteen models, six prompts per category.
ShowHide| Model | First choice | Alternative | Mention | Negative | Labels |
|---|---|---|---|---|---|
| Claude Haiku 4.5 | 0 | 1 | 0 | 1 | 2 |
| GPT-5.4 mini | 0 | 2 | 0 | 1 | 3 |
| Gemini 3.5 Flash | 0 | 4 | 0 | 0 | 4 |
| Perplexity Sonar | 0 | 3 | 0 | 0 | 3 |
| Grok 4.1 Fast | 1 | 3 | 1 | 0 | 5 |
| Mistral Small | 0 | 2 | 0 | 0 | 2 |
| DeepSeek V4 Flash | 0 | 4 | 0 | 0 | 4 |
| Llama 4 Maverick | 0 | 0 | 4 | 0 | 4 |
| Qwen 3.7 Flash | 0 | 0 | 0 | 0 | 0 |
| Kimi K2 | 0 | 3 | 1 | 0 | 4 |
| GLM 4.7 FlashX | 0 | 3 | 1 | 0 | 4 |
| MiniMax M2.5 | 0 | 1 | 1 | 0 | 2 |
| GPT-6 Luna | 0 | 1 | 0 | 0 | 1 |
| Muse Glimmer 30B | 0 | 3 | 0 | 0 | 3 |
By framing
Which of the six questions produced the naming. By model says how often; this says asked what. The first-choice count on the right carries the marks of the models that produced it.
FramingLabels by classFirst choices
Direct14 labelsNone
Paraphrase15 labelsNone
Comparative35 labelsNone
Budget-constrained13 labels3
Scale-constrained16 labels1
Negative16 labelsNone
First choiceAlternativeMentionNegative109 labels in all, every segment counted; 4 of the 4 first choices count toward share, since the comparative and negative framings do not. The bar is one segment per label class, to scale within the framing.
What the models said for it
Verbatim evidence the judge attached to positive labels.
“Shortlist 3–5: Demo Carta, Ledgy, and 1–2 others matching your location/equity needs.” Grok 4.1 Fast · Cap table management · 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 · Cap table management · scale prompt · alternative
“they're flagged more than leaders like Ledgy or Fidelity Private Shares ... For growth, Ledgy (EU/international)” Grok 4.1 Fast · Cap table management · negative prompt · alternative
“Consider platforms that have emerged as alternatives post-Carta scandal (Pulley, Shareworks, Ledgy, EquityList)” MiniMax M2.5 · Cap table management · negative prompt · alternative
And against it
Verbatim evidence attached to negative labels. A warning on a product with few labels is a warning; on a product with many, it is one voice among them.
“Historic data setup can take effort and some users find complex funding round modeling less intuitive” Claude Haiku 4.5 · Cap table management · negative prompt · soft negative
“starts at €75/month, but is often a better fit for European/international companies” GPT-5.4 mini · Cap table management · budget prompt · soft negative
Named alongside
The products named in the same answers as Ledgy, over the 109 answers that named it. Took the first choice instead counts the answers where the other product was the first choice and Ledgy was named but was not.ShowHide
Named alongside
The products named in the same answers as Ledgy, over the 109 answers that named it. Took the first choice instead counts the answers where the other product was the first choice and Ledgy was named but was not.
ShowHideProductSame answerTook the first choice insteadHead to head
A head-to-head page exists where both products are among a category's top eight. The other rows are the same fact without a page behind them, so they link to the product instead.
What carried it into the answer
The sites and pages cited by the answers that named Ledgy. A fact about retrieval, not a lever on the model.
Citations exist only for the models that return a source list, five of the fourteen in this edition, so these counts come from 106 of the 109 answers that named Ledgy and are not a share of its labels.
Domains cited
qapita.com66
guideflow.com57
cakeequity.com51
resources.rework.com43
waveup.com42
valueaddvc.com37
ctacquisitions.com34
carta.com32
equitylist.co29
eqvista.com29
420 of the 420 domain citations in answers naming Ledgy came from somebody else's page.
Pages cited
Pages are listed as the models cited them.
Search and answers
ledgy.com is not in Google's top ten for any of the category's searches. In the answers, Ledgy takes 2% of first choices and Carta takes 33%.ShowHide
Search and answers
ledgy.com is not in Google's top ten for any of the category's searches. In the answers, Ledgy takes 2% of first choices and Carta takes 33%.
ShowHideIn search
Google, US estimatesPosition for “cap table platforms”
–
not in the top ten
Position for “cap table management software”
–
not in the top ten
- Searches for its name, Google
- 720 a month (“ledgy”)
- AI search demand for its name, est.
- 5 a month
- Organic visits to its site
- about 23,563 a month
- Searches its site ranks for
- 1,118 · 99 in the top three
- Sites linking to it
- 993
- Paid Google search
- No ads found in the estimate; that does not mean it runs none
In answers
This editionShare of first choices
2%
rank 6 of 42 in cap table management
Segment leader
33%
Carta
- First choices
- 4 across its categories
- Named in
- 109 answers
- Its own site cited
- in 106 of the answers that named it
Search figures are US estimates from DataForSEO, read September 28, 2026; AI search demand is its modeled, directional estimate, not a count of queries to any assistant. The answers are this edition's. Two measurements side by side: neither is read as the cause of the other.
What it publishes
ShowHide
What it publishes
ShowHideAddresses on ledgy.com
231
subdomains included
Content
176
counted in the table below
Documentation
0
Product · Integration
0 · 0
| Kind | Pages | Last 90 days | 2025-10 to 2026-09 | Latest | Categories named |
|---|---|---|---|---|---|
| Blog | 118 | 4 | 2026-08-25 | ||
| Case study | 31 | undated | |||
| Report or ebook | 17 | undated | |||
| Comparison | 3 | 1 | 2026-07-09 | ||
| Webinar or virtual event | 2 | undated | |||
| Conference or event | 2 | undated | |||
| Glossary or explainer | 2 | 0 | 2026-03-24 | ||
| Template or tool | 1 | undated |
Most recent
- 2026-08-25Ai in equity management control blog
- 2026-08-25Blog engineering at ledgy blog
- 2026-07-22Carried interest tax vesting fund managers blog
- 2026-07-09Us vs europe equity compliance comparison
- 2026-07-07Carta to ledgy migration blog
- 2026-06-25How to stay compliant with uk share scheme reporting blog
Events in person
Upcoming
- October 21, 2026The Edge SummitCounty Hall, London, United Kingdom · takes part
Last twelve months
- October 9, 2025Pre-Edge WorkshopThe RSA, London · took part
- October 9, 2025Edge 2025County Hall, London, United Kingdom · took part
As the event pages on ledgy.com state them, read September 28, 2026.
How it is countedHide how it is counted
Every page ledgy.com exposes, subdomains included. Kind is read from the address and title. The last 90 days, the latest date and the twelve months count pages by when they were published, from the site's feeds, a date in the address, or the page's own publication date, read from up to a hundred of its most recently changed pages; a page that says only when it last changed is counted in its kind but not in when, so the recent counts are a floor, and a kind none of whose pages gives a publication date reads undated. An event counts as online when its address or title says so (webinar, on demand, virtual or online summit); a conference, summit, trade show, expo or roadshow that does not say so is counted as a conference or event, which on a vendor's site is mostly in person. Read September 29, 2026.
Follow Ledgy
An email the morning each edition publishes: where this product moved, where it held, and by how much against the noise floor. One address, confirmed by a click; a stop link in every email.
Already following? Everything you follow, with a stop for each.
The company
Ledgy is its own company.ShowHide
The company
Ledgy is its own company.
ShowHideIn its own words
Stated by the vendor, not checked- Positioning
- Ledgy is the equity management platform that enables companies to stay compliant, save time and engage share plan participants.
- For
- companies at every stage, from early incorporation through to post-IPO, and serves finance, legal, and people teams across both private and public companies
- Integrations claimed
- 70 ledgy.com
- Certifications
- ISO 27001:2022Certi-Trust ISO 27001SOC 1 Type 2SOC 2 Type 2
- Customers named
- RevolutMotorwayClimeworksDeeplWBS Solutions LtdPersonioSMGSyncona
- Not stated on the pages read
- Price, starting price, free plan or trial, hosting
What Ledgy's own pages state, read September 28, 2026: ledgy.com, trust.ledgy.com, ledgy.com/customer-stories. A claimed page can correct any of them.
Is this your product?
Claim this page
Claiming is free and changes nothing in the data. A claimed page shows a verified contact who is told when each edition publishes and when Ledgy's standing changes by more than the noise floor; the right to propose corrections to the vendor table, meaning names the judge wrote that should or should not read as Ledgy, applied by version and listed in the change log; and a one-line description supplied by the vendor and marked as such.
What a new claim receivesHide what a new claim receives
A new claim receives the current edition's vendor brief for Ledgy by email, built from the raw record of the edition. It shows:
- where Ledgy is named, by buyer and by framing, and which cells hold its first choices;
- the claims the models make when they name it, ranked, with the strongest and the weakest quoted;
- its vocabulary against the segment leader's, and the pages the models cited;
- who was chosen in the answers that did not name Ledgy, and every reason the record gives;
- a battlecard for each top rival: the head-to-head split, why they win, and the reservation quoted against them;
- one page of published figures cleared to show a buyer.