The cap table, ASC 718, Section 16 and total-rewards work that costs six figures elsewhere. Audit-ready, self-serve, and priced so any listed company can finally afford it. Your employees never pay to see their own equity.
Built by a US CPA who has led finance and accounting for a US-listed public company for 10 years. Twenty-eight consecutive reports filed on time. This is the system I needed and could not buy.
Import from Excel, not by hand · Employees always free · Row-level security on every table
Equity administration and SEC compliance in one connected workspace. We hand you an Excel workbook, you fill it in once, and the cap table, the quarterly footnote and the filings all build from that single file.
Drill from company to geography to team to person to a single grant. See ownership the way you actually think about it.
Equity, salary and incentive in one statement. Import from Excel or CSV. Employees see the full picture, free.
Ownership register, pre-filled Form 4 draft XML, and a live T+2 clock so a strict-liability deadline never slips.
Stock-comp expense and the quarterly disclosure pack, generated from your grants. Every figure traces back to the grant it came from.
Cross-checks the numbers before the 10-Q or 10-K goes out, catching the inconsistencies auditors flag later.
Tax schedules, 83(b) tracking, an approval matrix, API and webhooks, and an audit log on every action.
Every table is protected by row-level security in Postgres. One company cannot see another company's data, and that is enforced in the database, not in application code.
We do not use your grants, insiders or cap table to train models, to benchmark, or to demo the product to anyone else. Ever.
A full export of your data, one file per table, is available on every plan including the free one. Every action is written to an audit log you can read.
Unfolding Equity produces management information and draft filings. It does not replace your counsel, your tax adviser or your auditor. Verify with a qualified professional. Not legal, tax, or accounting advice.
Every tool here is the premium version of a free tool you can try first. One flat price covers all of them, for the whole company, with employees always free.
Try the free single-shot version of any of these under Tools. Upgrade when you want it saved, connected, and tracked quarter over quarter.
Every number ties out. Every action is logged. The disclosures are generated from the same data your cap table runs on, so what you file matches what you report.
No headcount tax. The company pays one flat fee. Add a hundred employees and the price does not move.
Hours back, not weeks. The quarterly footnote and the cap table build themselves from your data. Self-serve import in minutes.
Built for the filing, not the brochure. Everything a listed small-cap needs to file: cap table, ASC 718, Section 16, filing tie-out. We skip what you would never use, brokerage, 409A mills, ESPP plumbing, and charge accordingly.
Enterprise-grade equity administration and SEC compliance, at a price a small-cap CFO can approve without a procurement cycle. The same capability the big suites sell, on a completely different invoice.
| Capability | Unfolding Equity | Carta | Pulley | Section 16 filing agents |
|---|---|---|---|---|
| Cap table + Equity Explorer | Included | Included | Included | Not offered |
| Total Rewards (equity + salary + incentive) | Included | Limited | Not offered | Not offered |
| ASC 718 expense + disclosure pack | Included | Higher tier / add-on | Limited | Not offered |
| Section 16 / Form 4 drafting | Included | Not offered | Not offered | Included |
| Filing-readiness / disclosure tie-out | Included | Not offered | Not offered | Not offered |
| Public API, webhooks, 7-year audit log | Included | Enterprise tier | Limited | Not offered |
| Pricing model | Flat monthly or annual, employees free | Per-stakeholder tiers | Per-stakeholder tiers | Per filing or retainer |
| Onboarding | Self-serve, minutes | Weeks, managed | Self-serve | Managed |
| Typical annual cost, small to mid-size | $720/mo or $7,200/yr | ~$10k to $25k+ (median ~$14.7k) | ~$1.2k to $8k | Quote-based |
Competitor figures reflect publicly documented pricing models as of July 2026, not specific quotes; incumbent pricing varies by stakeholder count, modules, and negotiation. Verify current terms with each provider. Carta and Pulley are equity-management platforms; Section 16 filing agents include providers such as DFIN and Toppan Merrill.
$720 a month, or $7,200 a year with two months free. No per-stakeholder fees, no surprise tiers.
Explore with your own data before you commit a dollar.
Or $7,200 a year, two months free. The full platform for one listed company, unlimited stakeholders. Not the cheapest tool on the market, the accessible one: enterprise capability without the enterprise invoice.
Parent plus subsidiaries, consolidated reporting, and shared controls.
For information only. Verify with a qualified professional. Not legal, tax, or accounting advice.