Diligent Equity

What Diligent Equity is

Diligent Equity is web software for managing company ownership and option plans as a business prepares to grow or raise capital. It tracks stocks, options, warrants, and convertible notes, displays the cap table in real time, and retains earlier versions for an audit trail. Companies can manage option plans, grants, and exercises in one place. Employees can use a secure portal to see their plans, vesting schedules, and documents.

For finance and ownership work, Diligent Equity provides more than 20 report types, including ASC 718 expense and disclosure reports, with PDF and Excel export. Teams can model the effect of term sheets on ownership and run exit scenarios to estimate shareholder distributions at different exit values. The product also includes tax reporting and valuation support, and its terms say packages include access to DocuSign.

Diligent says its security program follows the NIST Cybersecurity Framework and ISO/IEC 27001 standards. The platform is ISO 27001 certified, undergoes annual SSAE 18 SOC 2 Type II audits, and encrypts data in transit with TLS and at rest using 256-bit AES keys. Customer service is available 24/7/365. Pricing is by request; prospective customers can contact sales for a demo or conversation.

Who it suits

Diligent Equity suits growth-stage companies that need to maintain ownership records, administer option plans, or prepare for a capital raise. Its employee portal, reporting, and scenario tools also serve teams that need to share plan information and examine ownership outcomes.

Getting started

1. Open the Diligent Equity website.
2. Contact sales to request pricing or arrange a demo or conversation.
3. Use the web platform to manage cap table and option plan information.

Verdict

Choose Diligent Equity if your company needs cap table records, option plan administration, and ownership scenario planning in one web product. Its reporting and employee portal add support for finance teams and plan participants. Contact sales for pricing and a demo before deciding whether it fits your needs.