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Tenacap

What Tenacap is
Tenacap is a web-based platform for managing a company’s equity from incorporation through priced rounds. It supports SAFEs, convertible notes, option plans, grants, vesting, exercises, and restricted stock. Companies can model priced rounds, convert outstanding SAFEs and notes, and calculate exit waterfalls. Tenacap can import cap table information from Carta, Pulley, its workbook, or a spreadsheet, and export CSV, open-schema JSON, or a complete archive. It also generates equity and board documents, supports native e-signature, and provides a sealed PDF with a completion certificate. Cap table changes go into an append-only ledger with cryptographic chaining. The free Starter tier includes unlimited stakeholders, one saved scenario, and CSV and JSON export. Traction is listed at $39/mo or $399/yr; Growth at $99/mo or $999/yr. Tenacap says beta is open and customers are not billed during beta, with listed tier prices taking effect at general availability. Its V1 focuses on US Delaware C-corps; international entities are not on its V1 or V2 roadmap.
Who it suits
Tenacap suits companies managing equity instruments and fundraising scenarios. Starter is described for companies that have not raised a priced round, while Traction is for teams that have.
What it does well
- Supports SAFEs, notes, options, grants, and restricted stock.
- Models rounds and exit waterfalls.
- Imports from Carta, Pulley, workbooks, or spreadsheets.
- Exports CSV, open-schema JSON, and a complete archive.
- Free Starter includes unlimited stakeholders.
What to know first
- V1 focuses on US Delaware C-corps.
- International entities are not on the V1 or V2 roadmap.
- Listed tier prices take effect at general availability.
Limits
Starter includes one saved scenario and CSV and JSON exports. Traction is $39/mo or $399/yr, and Growth is $99/mo or $999/yr; Tenacap says customers are not billed during beta and listed prices take effect at general availability.
Plans
| Plan | Billed and limits | Price |
|---|---|---|
| Starter | Unlimited stakeholders · One saved scenario · CSV + JSON export | Free |
| Traction | $39/mo · or $399/yr · Unlimited saved scenarios · Document templates + e-signature · Employee and investor portals · Board approvals | $39 a month |
| Growth | $99/mo · or $999/yr · ASC 718 expense reporting · Rule 701 tracking · QSBS tracking · Form 3921 and ISO/AMT tax reporting · Diligence pack | $99 a month |
As tenacap.com lists them, read 29 Sept 2026. The maker's own page has the final word.
Getting started
- Visit the Tenacap website.
- Use the web platform.
- Start with the free Starter plan or select a paid tier.
- Import cap table information from Carta, Pulley, Tenacap’s workbook, or a spreadsheet.
- Consult the help center’s step-by-step guides, which do not require a login.
Verdict
Tenacap covers equity records, financing scenarios, documents, and exports in one web platform. Its stated entity focus is narrow, and listed paid prices are not in effect during beta.
Questions
Is Tenacap free?
Yes. Starter is free and includes unlimited stakeholders, one saved scenario, and CSV and JSON exports.
What do the paid plans cost?
Traction is $39/mo or $399/yr. Growth is $99/mo or $999/yr. Tenacap says listed prices take effect at general availability and customers are not billed during its open beta.
What platforms does Tenacap support?
Tenacap is available on the web.
Can Tenacap import or export cap table data?
It imports from Carta, Pulley, its workbook, or a spreadsheet. It exports CSV, open-schema JSON, or a complete archive.
Who makes Tenacap, and what companies does it support?
Tenacap is the product name. Its V1 focuses on US Delaware C-corps; international entities are not on its V1 or V2 roadmap.
Does Tenacap integrate with Carta or Pulley?
The maker lists Carta and Pulley as cap table import sources. It also says third-party services such as partner 409A valuations are pass-through priced.
Facts from Tenacap's own pages
- Audience
- The Starter tier is described for companies that have not raised a priced round, while Traction is for teams that have raised one. · tenacap.com, 29 Sept 2026
- Audit trail
- Cap table changes are recorded in an append-only, tamper-evident ledger with cryptographic chaining. · tenacap.com, 29 Sept 2026
- Beta and billing
- The maker says beta is open and customers are not billed during beta; listed tier prices take effect at general availability. · tenacap.com, 29 Sept 2026
- Documents
- Tenacap generates equity and board documents, supports native e-signature, and provides a sealed PDF with a completion certificate. · tenacap.com, 29 Sept 2026
- Equity features
- It supports SAFEs, convertible notes, option plans, grants, vesting, exercises, and restricted stock. · tenacap.com, 29 Sept 2026
- Financing
- The product can model priced rounds, convert outstanding SAFEs and notes, and calculate exit waterfalls. · tenacap.com, 29 Sept 2026
- Imports and exports
- It supports importing from Carta, Pulley, its workbook, or a spreadsheet, and exporting CSV, open-schema JSON, or a complete archive. · tenacap.com, 29 Sept 2026
- Integrations
- The maker lists Carta and Pulley as cap table import sources and says third-party services such as partner 409A valuations are pass-through priced. · tenacap.com, 29 Sept 2026
- Limits
- The maker describes V1 as focused on US Delaware C-corps and says international entities are not on its V1 or V2 roadmap. · tenacap.com, 29 Sept 2026
- Product
- Tenacap is a cap table platform for managing a company’s equity from incorporation through priced rounds. · tenacap.com, 29 Sept 2026
- Security
- The maker says traffic uses TLS with HSTS, sensitive fields are encrypted with AES-256-GCM, and passwords are hashed with Argon2id. · tenacap.com, 29 Sept 2026
- SOC 2
- The security page says Tenacap is building toward a formal SOC 2 examination. · tenacap.com, 29 Sept 2026
- Support
- Tenacap’s help center offers step-by-step guides without requiring a login. · tenacap.com, 29 Sept 2026
Where Tenacap stands on Freedom251
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- Cap Table Management Software#13 of 26