Hanzo Cap Table: Equity Management for Startups

Introducing Hanzo Cap Table — equity management, scenario modeling, and 409A readiness without Carta's price tag.

Carta charges startups $3,000/year to manage a spreadsheet of who owns what. That is the core product: equity tracking. The 409A valuations, scenario modeling, and compliance features are useful — but the base product is a structured spreadsheet.

Today we are launching Hanzo Cap Table: equity management at startup-friendly pricing.

Features

Cap Table Management

  • Equity tracking: Common stock, preferred stock, options, SAFEs, convertible notes
  • Vesting schedules: Cliff, linear, custom — with automatic vesting calculations
  • Transaction history: Complete audit trail of all equity events
  • Dilution modeling: See how future rounds affect ownership

Scenario Modeling

Answer the questions founders actually ask:

  • What does ownership look like after a Series A at various valuations?
  • How much dilution do the option pool holders absorb?
  • What does each stakeholder receive in an exit at different valuations?
  • How do SAFEs and convertible notes convert at different caps?

409A Readiness

  • Export cap table data in 409A-ready format
  • Integration with third-party valuation providers
  • Automated FMV tracking for option grants

Stakeholder Portal

Give investors and employees visibility:

  • Individual ownership view
  • Vesting schedule tracking
  • Document access (grant letters, stock certificates)
  • Tax information and reporting

Pricing

  • Free: Up to 10 stakeholders
  • Startup: $50/month — up to 50 stakeholders, scenario modeling
  • Growth: $150/month — unlimited stakeholders, investor portal
  • Enterprise: Custom — multi-entity, advanced compliance

Hanzo AI is Techstars '17.

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