Tool profile
Ledgy: cost, fit and limits
Ledgy is an equity management platform made by Ledgy AG that covers cap tables, equity plans and share plan administration for private and public companies, with Ledgy AI and an Agent and MCP that answer questions from live equity data.
What to know first
Ledgy splits its product into pages for private companies and for public companies, plus an Enterprise plan, and publishes no prices for any of them. Its homepage lists 70-plus HRIS integrations, automated compliance reports and IFRS 2 expensing. The AI policy and privacy notice are the most detailed of any vendor in this group, covering model training, retention and data center locations.
Ledgy at a glance
| Maker | Ledgy AG (footer copyright), Not stated on the vendor pages |
|---|---|
| Free plan | No |
| Entry price | Quote only |
| API access | No |
| Category | Best AI Cap Table Management Software in 2026, rank 3 of 11 |
| Website | ledgy.com |
Who Ledgy is best for
European startups preparing for scale
The private company page covers equity plan automation, cap table management and employee engagement dashboards, with IPO preparation named, so one system can follow a company beyond its early rounds.
Companies with many HR systems
The homepage lists 70-plus HRIS integrations for automated equity data, which matters when employee records live in a different system than grants.
Public companies with employee share plans
The public page lists share plan administration, employee communications, trading and settlement, and SAYE administration, aimed at issuers rather than startups.
Ledgy plans and pricing
| Plan | Price | What it includes |
|---|---|---|
| For private companies | Not published | Equity plan automation, cap table management, employee engagement dashboards and IPO preparation, per the segment page. |
| For public companies | Not published | Share plan administration, employee communications, trading and settlement and SAYE administration, per the segment page. |
| Enterprise | Custom quote | Named in the migration section of the site as an Enterprise option, with no contents or price published, so scope has to be agreed with the vendor directly. |
Checked November 2026.
What Ledgy does
- Ledgy AI
- The homepage says Ledgy AI automates equity admin work, so recurring tasks such as preparing grants and answering routine holder questions are handled with less manual entry by the finance team.
- Agent and MCP
- The Ledgy Agent and MCP answer questions from live equity data, so an outside assistant can read the cap table instead of a stale export.
- Automated granting and compliance
- Granting steps and compliance reports are automated, and the site lists compliance across jurisdictions with IFRS 2 expensing reports, which matters for companies with employees in several countries.
- HRIS integrations
- The homepage lists 70-plus HRIS integrations for pulling employee data into equity records, so joiners and leavers update grants without retyping, though the system names were not listed on the pages opened.
- Valuations through experts
- Valuations are offered through market-leading experts, a service layer beside the software, which suits companies that want a third-party valuation for tax or option pricing without hiring a separate firm.
How Ledgy handles your data
The AI policy, Section 6, states that client data input into AI tools is not used to train any external or general-purpose AI models. The privacy notice says Ledgy keeps data generally six years after processing stops where it is the controller, and names data centers in Switzerland and the EU. No certifications were named on the pages opened, although a Trust Center link exists and was not read. Which model provider handles prompts was not stated on the pages we opened.
Where Ledgy falls short in practice
- No published prices. Neither segment page nor the homepage shows a price, a free plan or a trial, so a founder cannot budget before a sales conversation and cannot compare it directly with printed-price rivals.
- Roadmap items. Executive compensation and carried interest are listed as coming soon on the site, so teams that need either today cannot rely on them and should ask the vendor for a delivery date.
- Country not on the pages. The footer names Ledgy AG but the pages opened did not state a headquarters country, so confirm the contracting entity and governing law before signing a data processing agreement.
Works with
Alternatives to Ledgy
Ledgy: common questions
Does Ledgy train AI on my equity data?
Its AI policy, Section 6, says client data input into AI tools is not used to train any external or general-purpose AI models. The policy text was the source, and it does not describe training of Ledgy's own models, so ask about that case.
Where does Ledgy store data?
The privacy notice names highly secure data centers in Switzerland and the EU. It also says data is generally retained six years after processing stops where Ledgy is the controller. Certifications were not named on the pages opened. A written data processing agreement should repeat both points.
How much does Ledgy cost?
No price appears on the pages opened. Plans are split into private and public company pages with an Enterprise plan, and none carries a figure. Expect to request a quote and ask what the IPO preparation scope adds. Compare that scope with a plan that prints its price.
What is Ledgy Agent and MCP?
The homepage describes it as a way to automate equity admin and answer questions from live equity data through AI. Which assistants connect and what permissions exist were not stated on the pages opened, so test with a read-only account.
Does Ledgy offer a free plan?
No free plan or trial is mentioned on the pages opened. Cake Equity and EquityList publish free tiers for small companies, so a pre-seed company with fewer than ten holders may find Ledgy more than it needs. Ledgy's AI policy and privacy notice are the documents to read.