Switching to Carta from AngelList or Pulley

Why Carta vs. AngelList or Pulley?

AngelList has stopped developing new features on its legacy cap table product and, as a result, is not supporting future growth for its legacy customers. Instead, AngelList is suggesting customers migrate to its new solution or alternatives. 

Switching to Pulley and J.P. Morgan runs similar risks. Neither solution is robust and flexible enough to satisfy the demands of a fast-growing startup. 

Every Carta alternative presents the same potential pitfall: You make a quick decision because AngelList put you in an urgent spot, only to replace your cap table software again in a year or two.

Here, we’ll explain why Carta can be a strong long-term, cost-efficient cap table provider for founders.

Assess what Carta alternatives really offer

To make the best decision for your company's future, consider the possible limitations of Carta alternatives.

Carta vs. AngelList

AngelList has announced that it is no longer developing new features for its legacy cap table product. Instead, it’s introducing a new solution with support for roll-up and consolidation vehicles.

This means AngelList users can stay on their existing cap table with no further innovation, invest in the limited upgrade, or migrate to another provider.

AngelList has explicitly recommended Pulley or J.P. Morgan as its preferred migration partners, but those alternatives also lack the functionality founders really need to thrive.

Carta vs. Pulley

Pulley doesn’t necessarily overcome the hurdles founders experience with AngelList. It sells itself as founder-friendly, but its features and customer support fall short once you raise larger rounds or add complexity.

Some founders may consider Pulley for its low entry costs, but it’s wiser to choose a cap table for its total transition cost and lifetime value. 

Pulley focuses on cap table, valuations, and fundraising modeling, while Carta also offers adjacent products like compensation benchmarking, liquidity, and QSBS attestation in the same platform.

Carta vs. J.P. Morgan

J.P. Morgan may provide connectivity with its larger ecosystem, and that ecosystem is primarily built around its banking and workplace‑solutions infrastructure: fund banking, cash management, and equity compensation. 

Its cap table and equity plan tools focus on core workflows like stock‑plan administration, cap table management, 409A valuations (via partners), and ASC 718 reporting—tightly integrated with J.P. Morgan banking and treasury services. 

By contrast, Carta also layers adjacent products like compensation benchmarking, QSBS attestation, liquidity tools, and equity advisory on top of the same cap table system of record. 

If you want your cap table to sit at the center of a broader equity stack (covering valuations, compensation, tax workflows, and secondary liquidity on one platform), Carta’s product surface may reduce the number of separate providers you need to manage as you scale. 

Consider why investors and law firms prefer Carta

As of 2026, more than 50,000 companies and 1.6 million equity holders trust Carta with equity management.

Here’s why investors and law firms often recommend Carta for equity management:

• Carta serves as a full operating system for equity management and growth, providing cap table management, valuations, advisory, and liquidity. 

• Data and tools are integrated system-wide for faster, easier diligence and compliance.

• This connectivity saves you time and money from implementation through exit.

Legal counsel and investors often recommend Carta over Pulley for companies planning to scale or raise institutional precisely because Carta has these large-scale capabilities. The Carta ecosystem for private capital is purpose-built to handle complex rounds, evaluations, and diligence, not just the first SAFE.

The vast majority of startup law firms already work in Carta, too, which makes grant approvals, financing, and compliance workflows faster and more accurate.

Explore how Carta supports implementation

The main reasons founders fear switching cap tables is time and cost, but Carta migrates thousands of cap tables every year, including many from AngelList.

A dedicated implementation team handles the heavy lifting. Depending on the size and complexity of your company, onboarding may be completed in a matter of hours rather than weeks.

This lets you avoid the clean-up and add-on costs of working with your own law and finance teams while taking the mental load off your plate, so you can continue to focus on company-building.

Switching to Carta checklist: Verify what documentation you need

Prior to migration, coordinate with your law firm so they can spot‑check your data after it’s imported. Most firms already have standard processes for reviewing Carta cap tables.

Then, work with your Carta implementation manager to confirm exactly which exports and legal documents they need from you. The specific list can vary by company and by prior provider, but it typically includes your current cap table and the core equity and financing documents that support it. Your implementation manager will share a tailored checklist and the latest requirements (you can also reference this onboarding guide).

Tip: Make sure you have up‑to‑date contact information (including email addresses) for all active stakeholders. You’ll need this to invite them into Carta once your cap table is live.

Don’t worry about edge cases like unusual instruments, either. Just tell your Carta contact about them. We’ve handled enough migrations to have playbooks for almost every case. 

Review these questions to help you decide

The answers to these questions can quickly sharpen your focus, clarifying why founders choose Carta over AngelList, Pulley, and J.P. Morgan. 

Will I need to switch cap table providers again?

• If you stay on AngelList’s legacy cap table, you’ll be on a product AngelList has said it will no longer develop, so you won’t see new features or enhancements as your company continues to raise and grow.

• If you move to one of AngelList’s suggested alternatives, you may face another migration later, compounding transition costs and draining efforts away from company-building.

• If you move to Carta, you gain an equity management operating system you won’t outgrow. Dedicated support reduces transition costs and delivers lifetime value across multiple tools and solutions.

What do my law firm and investors advise?

Many top law firms and venture capital firms consider Carta the best choice for cap table and equity management. Their teams are likely already on the platform and use Carta’s straightforward navigation comfortably. Smaller and less flexible tools are less commonly preferred by investors and attorneys.

Who performs the heavy lifting of compliant migration?

Some providers offer lighter‑weight implementation support, which can shift more reconciliation work to your legal and finance teams.

On Carta, a dedicated implementation team performs the work and manages collaboration so you can participate in the process without overburdening yourself or your teams. 

Make your next cap table your last cap table

AngelList’s announcement doesn’t have to be a crisis moment—or a crisis pushed down the road for later. This can be the moment when you prepare your company to go further by moving onto Carta.

Switch from Pulley to Carta

Get the comprehensive, compliance-ready cap table you need for the long run. See how easy it is to switch today.

Get started