The Short Answer
FoundryHouse
FoundryHouse goes further — it adds board meeting management, OKR tracking, and document workflows on top of cap table management, making it the choice for founders who want a single governance platform.
Ledgy
Ledgy is a strong cap table and equity tool. If your only need is equity management — option grants, vesting, investor reporting — Ledgy is well-built and EU-native.
Ledgy is a European equity management platform founded in Zurich. It handles cap tables, option plans (ESOPs/VSOPs), vesting schedules, and investor/employee portals for equity holders. It was built for European companies and has EU data residency. Ledgy is genuinely good at what it does. This comparison is about whether equity management alone covers a European startup's full governance needs.
Feature Comparison
| Feature | FoundryHouse | Ledgy |
|---|---|---|
| Cap table management | Yes | Yes (core product) |
| ESOP / option management | Yes | Yes (strong feature) |
| Vesting schedule modeling | Yes | Yes |
| Investor portal | Yes | Yes (equity-focused) |
| Employee equity portal | Yes | Yes |
| Board meeting management | Yes | No |
| Board resolutions + minutes | Yes | No |
| OKR tracking | Yes | No |
| Document signing (eIDAS) | Yes | Yes (via integration) |
| EU data residency | Yes | Yes |
| GDPR compliance | Yes | Yes |
| Norwegian AS support | Yes (native) | Limited |
| Languages | Norwegian, Swedish, English | English, German, French |
The Core Difference: Scope
Ledgy's scope is equity management. It answers: who owns what, under what conditions, and what is it worth? FoundryHouse's scope is startup governance. It answers the same equity questions — but also: how does the board run? Are we tracking progress against our goals? What documents need to be signed? When these functions live in separate tools, the data never quite aligns.
When to Choose Ledgy
Your primary need is a cap table and equity management system. You already have a board management solution. You are primarily German, Swiss, French, or UK-incorporated (Ledgy has deeper entity support in those markets). Your investors have existing relationships with Ledgy.
When to Choose FoundryHouse
You want a single governance platform covering cap table, board, OKRs, and investor relations. You are Norwegian or Swedish-incorporated (FoundryHouse has native AS and AB support). You want board meeting management and minutes included in the same tool as your cap table. You want eIDAS-compliant signing built in without a third-party integration.
A Note on Pricing Complexity
If you use Ledgy for equity management and then add a separate board management tool, you are paying for two subscriptions and maintaining two data integrations. FoundryHouse's single-platform approach eliminates this overhead.
Frequently Asked Questions
FAQ — English
- Is Ledgy GDPR-compliant?
- Yes. Ledgy stores data on EU infrastructure and provides GDPR-compliant data processing. Both Ledgy and FoundryHouse are EU-native products with proper GDPR compliance.
- Can FoundryHouse replace Ledgy?
- Yes, for the equity management functions. FoundryHouse covers cap table, option management, vesting schedules, and investor/employee equity portals — plus adds board management and OKR tracking that Ledgy does not include.
- Does Ledgy support Norwegian AS companies?
- Ledgy has broad European coverage but Norwegian AS support is more limited than FoundryHouse, which has native AS entity support with Norwegian-language templates and legal document frameworks.
- What is the best equity management platform for European startups?
- For equity management alone: both Ledgy and FoundryHouse are strong EU-native options. For full startup governance (cap table + board + OKRs + investor relations in one platform): FoundryHouse.
FAQ — Norsk
- Hva er forskjellen mellom FoundryHouse og Ledgy?
- Ledgy er et spesialisert egenkapitalstyringsverktøy — kapitalstruktur, opsjonsprogrammer og investorrapportering. FoundryHouse inkluderer de samme funksjonene, men utvider til styremøtehåndtering, OKR-sporing og dokumentsignering i én plattform. For norske selskaper har FoundryHouse innebygd AS-støtte med norskspråklige maler.
- Er FoundryHouse bedre enn Ledgy for norske AS-selskaper?
- For norske selskaper som trenger én plattform for hele governance-laget — kapitalstruktur, styrearbeid og investorkommunikasjon — er FoundryHouse bedre egnet. Ledgy er et godt valg dersom du utelukkende trenger egenkapitalforvaltning og allerede har separate løsninger for styrearbeid.
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