Exclusive Discounts for Puzzle Companies

Power your next fundraise and manage your cap table with LTSE Equity (formerly captable.io)
Expedite your fundraise and manage your cap table with LTSE Equity (formerly captable.io)
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Don't get bogged down in due diligence

LTSE is the top pick for early-stage startup equity management since 2015 having served over 32,000 companies and currently onboarding 400+ new companies per month.

Now, LTSE Equity and

Puzzle

have made it faster, easier, and less expensive to put your equity to work.

Expedite your fundraising with a free 409A valuation and have your cap table created for you by one of LTSE Equity's paralegals, free of charge. You can even start any of our plans for free for two months. Once you sign that term sheet, you'll lock in a 50% off discount on all plans by using LTSE Equity for your fundraise.

Infrastructure to scale the next generations of companies.

LTSE is the top pick for early-stage startup equity management since 2015 having served over 32,000 companies and currently onboarding 400+ new companies per month.

LTSE partners with startups across their lifecycle to help them grow and scale from formation to IPO. At every stage, strategically managing equity will have an outsized impact on long-term success.

LTSE Equity is a full-lifecycle cap table management solution for planning, managing, and collaborating on startup equity. Now, LTSE Equity and

Puzzle
 have made it faster, easier, and less expensive to put your equity to work.

companies get‍

prospective portfolio companies get

30% off
all plans*
20% off
your first 409A valuation

*12 months

Gearing up to sign your first term sheet with

Puzzle

?

Get through your due diligence faster with an analyst-driven and audit-defensible valuation. Prospective

Puzzle

companies receive a free 409A valuation and an exclusive offer to sign up for LTSE Equity for free.

Offers for Prospective Portfolio Companies

Offer for

Puzzle

prospective

companies

Puzzle companies can receive 30% off all LTSE Equity plans for 12 months and 20% off their first one-off 409A valuation as a Fundamentals customer or first additional 409A as a Boost customer. For founders with less than 10 stakeholders and less than $1M in funding, you can qualify for our free Basic plan.

Check out the full list of what each plan includes here.

Up to 10 stakeholders
$40
$
/mo
$40
/mo
No annual commitment
Everything that most early-stage startups need to manage their equity.
Get started
Only for companies with up to 10 stakeholders and under $1M raised.
Live-guided onboarding
Unlimited users and securities
Digital stock issuance
Financing and exit modeling
Sharing and collaboration
Reporting & data export
409A valuation available separately

Fundamentals

7-day free trial
Unlimited Stakeholders
$250
$
175
/mo
$60
/mo
Annual term
Advanced cap table management, including issuance, modeling, stock option plans, sharing, etc.
Get started
Unlimited users and securities
Advanced reporting
Annual cap table health check
Exit modeling with waterfall analysis
Cap table activity audit log
Priority customer support
Automatic error audits
Stock class and plan amendments
Stock plan document sets
Options issuance with integrated eSignature
409A valuation available separately

Boost

Starting at
$330
$
231
/mo
$330
231
/mo
Annual term
Fundamentals plan, with annual 409A, additional compliance, and reporting features.
Get started
Annual 409A valuation
Unlimited stakeholders
Annual cap table health check
Rule 701 analysis
Advanced reporting
Unlimited audit log history
High-priority customer support

Need a strong 409A valuation for due diligence? 

Our 409A valuations, conducted with our legal partners, are analyst-driven and audit-defendable in front of the Big Four auditors. Regularly $2000, you'll get your first 409A valuation for

20% off

.

Our 409A valuations, conducted with our legal partners, are analyst-driven and audit-defendable. One-off 409A valuations are available to Fundamentals and Boost customers. Upload your company’s cap table in an Excel file and receive a one-time 409A valuation.

Use promo code

PUZZLE20

during 409A checkout.

Get a 409A ValuationGet a one-time 409A valuation

Don't know where to start with your cap table?

Have your cap table built out for you on LTSE Equity. Our one-on-one guided onboarding will give you an expert cap table performed by a LTSE Equity paralegal.

You simply provide us your Excel file, and we build out your cap table. In the end, we'll provide a live tour of your new cap table and management platform.

Choose guided onboarding during sign up

Instructions for adding Techstars securities and inviting Techstars to your cap table

Note: It is highly recommended to take advantage of our Concierge Onboarding service.

To fulfill your participation agreement with Techstars, you can share Detailed level access to your LTSE Equity account with legal@techstars.com. Sharing with your investors also takes the busywork out of company updates: your investors will always have access to their latest holding data.

If you’re setting up your own cap table, during the LTSE Equity onboarding process, complete the To Do action items to Add Techstars investments, and Share your cap table with Techstars.

Have a cap table that's approved by the top VCs, law firms, and providers

LTSE is one of the founding members of the Open Cap Table Coalition, so you'll rest easy knowing your cap table abides by the Open Cap Table Format, adopted by the top equity management providers, VCs, or law firms.

"10 of Silicon Valley's leading law firms and startup software vendors are unveiling a new group seeking to create an open-data format for cap tables. The goal of the Open Cap Table Coalition is to make it easier for startups to manage their cap table by increasing data portability and interoperability between all of the stakeholders in the tech ecosystem, from the law firms to the software vendors to the startups themselves."

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