Cap Table & Equity Administration

Outsourced Equity Administration for Startups

Sundial provides fractional equity administrators and cap table consultants to manage your company's day-to-day equity operations.

We work as an extension of your finance, legal, or operations team, providing experienced day-to-day support without the cost of hiring internally. We're not another cap table software platform. We're the experienced team that manages it for you.

Talk to an Equity Administrator See Our Services

We manage your equity in the platforms you already use

Eqvista Mantle Capboard AngelList Cake Ledgy Pulley

What We Do

Fractional equity administration and cap table consulting

We act as your outsourced stock plan administrator, managing the day-to-day work behind your cap table without adding a full-time employee.

Cap Table Management & Consulting

Ongoing cap table administration, reconciliations, issuances, transfers, conversions, and transaction support to keep your records accurate and up to date.

Stock Plan & Equity Award Administration

End-to-end administration of stock options, restricted stock, vesting schedules, exercises, cancellations, terminations, and other equity awards.

Cap Table Audits & Clean-Up

We audit and reconcile cap tables against legal documents, financing records, board approvals, and historical transactions to identify and correct discrepancies.

Cap Table Platform Implementation & Migration

We set up and migrate cap tables in Carta, Pulley, Mantle, Qapita, Eqvista,and other equity management platforms while preserving historical accuracy.

Your fractional equity administrator

Most startups don't need a full-time stock plan administrator, but they do need someone who understands equity.

Sundial gives startups and private companies access to experienced equity administrators without adding another full-time hire. We work as an extension of your finance, legal, HR, or operations team and take ownership of the day-to-day work required to keep your cap table accurate.

Whether you need ongoing Carta administration, help cleaning up an existing cap table, or support through a financing or transaction, Sundial can step in where your internal team needs us.

Why Sundial

Built to work the way your company already does.

Platform-agnostic
We work fluently across Carta, Pulley, Mantle, Qapita, Eqvista, Ledgy, and more, so switching platforms — or never switching at all — is never a blocker.
Experienced and precise
Every grant, transaction, and reconciliation is handled by experienced professionals who have done this hundreds of times, and have a deep understanding of the "why" in addition to the "how".
Cost-effective support
A dedicated stock plan hire without the dedicated stock plan administrator salary — scoped to exactly the support that your stage actually needs.
Learn More
Founder Shares — 42%
Investor Preferred — 24%
Option Pool — 34%

How Sundial Compares

An alternative to DIY/spreadsheets, big law, and a full-time hire.

Feature Sundial DIY / Spreadsheets Law Firm In-House Hire
Onboarding Time Days — Weeks Months to Recruit
Ongoing Accuracy Continuously Maintained Prone to Drift Reviewed Periodically Depends on Hire
Cost Fraction of a Full-Time Salary Low, Until It Breaks $$$$ Full Salary + Benefits
Compliance Support Included Not Included Included Varies by Hire
Platform Expertise All major platforms None Selective Varies by Hire

How It Works

From messy records to a cap table you can stand behind.

1

Share Your Cap Table

Send current records or platform access — however incomplete or out of date they are.

2

Assessment & Clean-Up Plan

We review structure, history, and gaps, then outline exactly what needs fixing and why.

3

Ongoing Administration

We maintain grants, transactions, and reporting as your company raises, hires, and grows.

Who We Work With

Built for growing private companies.

Seed to Growth

Issuing equity for the first time

Setting up a cap table and option plan that will hold up as you scale.

Pre-Financing

Preparing for a raise

Getting records diligence-ready before investors start asking questions.

Switching Platforms

Migrating cap table systems

Moving to Carta, Qapita, Eqvista, or Mantle without losing historical accuracy.

Lean Teams

No in-house equity expertise

Finance and legal teams who need an equity specialist without a new headcount line.

Client Feedback

What founders and finance teams say.

Frequently Asked Questions

Still deciding? Here's what founders usually ask.

What does Sundial actually manage day-to-day?
Cap table upkeep, equity plan and award administration, grant and vesting tracking, and the reconciliation work that keeps your records accurate between financings.
Do I need to switch cap table platforms to work with you?
No. We're platform-agnostic and work directly within Carta, Pulley, Ledgy, Cake, or AngelList — whatever you're already using.
How long does a cap table clean-up take?
It depends on how much history needs reconstructing, but most engagements start with a scoped assessment so you know the timeline before we begin.
What if our records are seriously out of date?
That's the most common starting point. We specialize in reconstructing history from incomplete or conflicting documentation.
Do you work directly with our law firm and auditors?
Yes. We regularly coordinate with outside counsel and auditors to keep everyone working from the same accurate records.
How is pricing structured?
Pricing is scoped to your stage and the amount of clean-up required. Reach out and we'll give you a clear quote before any work begins.

Get Started

Ready for a cap table you can actually trust?

Tell us where things stand today — we'll tell you exactly what it takes to get it right.

Response within one business day
No obligation, no pressure
Direct access to our equity team

We'll never share your information. Response within one business day.