Pulley is shutting down. Don't buy another cap table subscription.
You do not need to re-platform onto the next dashboard and the next renewal invoice. Bring your export, get your cap table reconstructed for free, and run it from Claude, ChatGPT, or Cursor—the assistant you already pay for. No seats, no per-investor fee, no annual contract.
$0 · No per-investor or per-seat fee, ever · Open format export · MCP server live
Import my Pulley export and tell me what's missing.
mcp.captable.ai extract_documents 5 files Reconstructed 47 stakeholders across 6 security types. Three items need your attention:
What's fully diluted if every SAFE converts at the next round?
Founders hold 61.4%, pool 12.0%, converted SAFEs 18.2%. Each figure cites the document it came from.
Pulley is shutting down after December 8, 2026. Export your cap table and the documents behind it now. CaptableAI reconstructs the record for free, checks it against the source documents, and lets you run it from your own AI assistant with no per-investor or per-seat fee. You do not have to buy another cap table subscription to keep your cap table.
Your new home
Your cap table needs a destination, not another vendor.
Every other option in this moment is someone selling you a seat. The question worth asking is whether holding your own ownership record should cost you a subscription at all. We think it should not.
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No seat you have to keep renewing
Holding your own ownership record should not carry an annual invoice. There is no per-investor fee and no per-seat fee, and there will not be one.
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It answers instead of making you dig
Dilution, vesting, fully diluted math, and board reporting come back as answers that cite the document they came from.
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No new dashboard to learn
It runs inside Claude, ChatGPT, Gemini, Cursor, or VS Code. Queries run on the AI subscription you already pay for, so they cost you nothing here.
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You can leave whenever you want
The record is Open Cap Table Format, the same open standard on the way in and on the way out. No export fee and no hostage data.
Pricing follows AI usage, not your investor count. See what is free and what draws credits.
Live now · Open standard
Everything a cap table tool does, without the cap table tool.
Point your assistant at our MCP server, sign in with OAuth, and your cap table becomes something you can just ask about. Setup takes under two minutes and needs no API keys.
https://mcp.captable.ai/mcp -
Import my Pulley export and tell me what is missing.
Extraction runs on your documents and reports gaps and conflicts.
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What is fully diluted ownership after every SAFE converts?
Scenario math against the reconstructed record, with sources cited.
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Which grants are missing board approval or a vesting start date?
Exception list you can hand straight to counsel.
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Draft a board update from my current capitalization and last round.
Reporting built from the record instead of a stale spreadsheet.
First, get it out of Pulley
Download the evidence, not just the totals.
This step is time-boxed, so do it first. A spreadsheet tells you who owns what today. The documents tell you why. Take both, in their original form, while your Pulley account still opens.
Connect your assistantPulley export checklist
- 01 Cap table export Stakeholders, share classes, ownership, and fully diluted totals
pulley-cap-table.xlsx - 02 Transaction history Issuances, transfers, cancellations, conversions, and exercises
transaction-ledger.xlsx - 03 Equity plans and grants Option plans, award agreements, vesting, and exercise records
equity-awards.xlsx - 04 Convertibles SAFEs, notes, warrants, side letters, and conversion records
financing-documents.pdf - 05 Company records Charter, board approvals, stock purchase agreements, and 409As
legal-documents.pdf
Do not wait for a perfect folder. Missing documents are exactly what the check is designed to find.
Then · Reconstruct and verify
One upload. A cap table you can interrogate.
This is not a backup folder. Your source material becomes a structured, queryable record, the math gets checked, and you are told exactly where the evidence stops.
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Upload the export and documents
Start with the Pulley spreadsheet, then add SAFEs, grants, approvals, and valuations.
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Let AI reconstruct the record
Material terms become typed issuances, grants, conversions, vesting schedules, and stakeholders.
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Connect it and run it
Confirm the draft records, resolve the exceptions, and operate the cap table from your assistant. The file stays yours.
Trusted partner
Some companies want people to run their equity, not just software—an official shareholder register, financing paperwork handled, and a team on the other end of the phone. When that is the right fit, we hand you to Fairmint, an SEC-registered transfer agent, and your verified record goes with you.
Pulley shutdown FAQ
What founders need to know.
Have a question specific to your records? Book a free 30-minute review.
Is Pulley shutting down?
Yes. Pulley announced that it will cease operations after December 8, 2026. Customers should export their cap table and source documents while they still have access.
What should I export from Pulley?
Export the cap table and transaction ledger, then download equity plans, grants, SAFEs, notes, warrants, 409A reports, signed legal documents, and board approvals. Keep every original file, even if the same data also appears in a spreadsheet.
Where should Pulley customers move their cap table?
You do not have to buy another cap table subscription to keep your cap table. Move the export to CaptableAI, have the record reconstructed and checked for free, and run it from the AI assistant you already use. If you later decide you want a team running your equity and an official shareholder register, we can introduce you to a transfer agent partner.
Can I really manage my cap table from my AI assistant?
Yes. The CaptableAI MCP server is live at mcp.captable.ai/mcp. Connect Claude, ChatGPT, Gemini, Cursor, or VS Code with OAuth in about two minutes, no API keys. From there you can query ownership, model dilution, trigger document extraction, and draft board reporting in the chat you already use.
What does CaptableAI cost?
It is free today. Pricing follows AI usage rather than headcount, so there is no per-investor fee and no per-seat fee, and there will not be one. Work you drive through your own assistant runs on your existing AI subscription and costs nothing here.
Can CaptableAI import a Pulley cap table?
Yes. It accepts cap table spreadsheets and the legal documents behind them, extracts the material terms, reconstructs the ownership record in Open Cap Table Format, and flags anything missing or contradictory. You do not need a complete document folder to start.
Does CaptableAI change my cap table without asking?
No. Extracted records stay drafts until you review and commit them. You see what was found and what needs attention before anything becomes part of the record.
Do I need a transfer agent, or is CaptableAI enough?
For most private companies CaptableAI is enough to hold, interrogate, and keep an accurate portable record. If you need an authoritative shareholder register, active financing workflows, or a path to secondaries and liquidity, that calls for an SEC-registered transfer agent, and we work with Fairmint for exactly that case.
Before Pulley closes
You are not shopping for a subscription.
You are choosing a home.
Bring the export. Leave with a cap table that has been checked against its own documents, that answers questions in the chat you already use, and that has no renewal date attached to it.