Ledgy Reviews & Product Details

Ledgy makes equity management completely effortless. My favorite aspects include:

- Centralized equity hub: Brings all cap table data, documentation, and history together in one secure platform.

- Employee empowerment: Dedicated dashboards give employees full visibility into their equity and vesting schedules.

- Seamless automation: Automated signature workflows eliminate manual follow-ups and speed up the grant issuance process. Review collected by and hosted on G2.com.

Not much to complain about here! It’s mostly just feature requests as we scale. In the past, making bulk updates to parameters across several transactions at once felt a bit manual. Expanded bulk-editing capabilities would be a great quality-of-life enhancement. Review collected by and hosted on G2.com.

What I like best about Ledgy is having everything in one place. We have a PE-style share structure with multiple share classes, so having a single source of truth for the equity data is really useful. It also gives shareholders a great experience, as they can easily access their documents, transaction history and share information in one place. Review collected by and hosted on G2.com.

There isn’t anything significant that I dislike. As with any equity platform, there are some areas where you need to spend a little time understanding how certain features work, particularly with a more complex share structure, but overall the platform has been very intuitive. Review collected by and hosted on G2.com.

Managing equity for a fast-scaling global workforce comes with unique operational challenges—from tracking complex grant structures to maintaining compliance with international reporting standards like IFRS 2. Backbase turned to Ledgy for a unified platform capable of handling these intricacies while making equity management intuitive for administrators and transparent for employees.

Built to scale: future-proofing for long-term growth

As Backbase continues to expand its footprint across global banking markets, choosing a platform capable of scaling alongside the business was critical. Ledgy’s public company readiness, equipped with granular financial reporting, automated workflow tracking, and real-time ownership management, ensures Backbase maintains full compliance and agility at every phase of its growth journey.

Granular visibility, full control

A key driver for Backbase’s team was Ledgy’s robust transaction audit logging, which provides detailed, time-stamped records of every equity event. From finance to admin, the team can effortlessly prepare responses for audits at any level of detail—ensuring every transaction remains clear, transparent, and easy to track across the organization.

“Having this degree of visibility and governance is essential,” shared by the HR team. “From finance to administration, we can quickly pull data and prepare for audits at any level of detail. Knowing that every single event is clear, transparent, and easy to track gives us complete confidence as we continue scaling globally.”

Equity management that scales with ambition

For Backbase, adopting Ledgy is about aligning equity operations with strategic growth. Whether managing expanding employee share plans, navigating multinational compliance, or supporting long-term liquidity events, Ledgy’s platform provides the foundation needed to turn equity into a key driver of talent engagement. Review collected by and hosted on G2.com.

While Ledgy is generally well regarded for equity and cap table management, users often highlight a few recurring drawbacks. Reporting and export can feel restrictive, since custom reporting isn’t always very flexible and there are limited ways to export tailored views or filtered data directly to PDF. There are also some complex edge cases: standard equity plans tend to run smoothly, but modeling highly customized funding rounds or non-standard exit scenarios may require manual workarounds. Finally, there’s no direct phone support, as live customer service is mainly handled through chat and email rather than an immediate 24/7 phone line. Review collected by and hosted on G2.com.

We moved our cap table over from Carta this year and I ran the migration. The implementation itself went well, and Louis, our implementation lead, was really helpful throughout. The interface is really user-friendly and easy to understand which is a big improvement on the software we were originally using. Being able to process exercises on the platform rather than manually is also a help. Review collected by and hosted on G2.com.

The implementation took slightly longer than planned due to holidays on both sides, but wasn't an issue as we had a long lead time migrating off our current software. If we hadn't, perhaps we would have had more focus here! Review collected by and hosted on G2.com.

Having managed multiple portals like Carta and Shareworks in the past, what I like best about Ledgy is its flexibility, the ability to customize it to meet client requirements, and the customer support, both from the AI agent and the customer success manager. Review collected by and hosted on G2.com.

Nothing much overall. However, we have had challenges integrating with our Oracle HRIS, although that is also due to how our data is set up. They only integrate via APIs, and there is no way to manipulate or clean up the data before syncing with Ledgy. Review collected by and hosted on G2.com.

I like that Ledgy answers my questions reliably and gives me a single source of truth I can trust. I can get a lot of information in different ways without doing a lot of work. The UI is good and clean, which makes the tool easier for new users to understand and helps employees navigate items that can otherwise be hard to understand. The Ledgy (support) team is extremely helpful and always available when I have questions. During stressful times like an M&A, or general due diligence, they have hopped on a call with me and resolved how to import our edge cases. The initial setup was very otherwise very easy. Review collected by and hosted on G2.com.

I think every company has unique elements, and the farther you get from what's considered the norm, the harder it is to get those edge cases into Ledgy. This has less to do with Ledgy itself, but as most startups and scaleups have edge cases, this might make it harder to model/simulate your edge cases. It's a more general lesson before you use Ledgy. Review collected by and hosted on G2.com.

It’s easy to use for both end users and back-end users. For admin users, it’s straightforward to manage through the UI, and it also offers the right batch upload features while integrating well with our HR tool. The platform has continued to develop over the past two years we’ve been using it. The customer success team has been excellent, supporting us on everything from minor administrative matters (for example, login issues) through to help with more complex areas (for example, complex IFRS accounting) Review collected by and hosted on G2.com.

Although the platform has continued to improve, it did lack certain features when we first started using it. Even now, the functionality is still restricted to their design (i.e., it cannot be customised), which has occasionally required us to compromise on our approach. That said, none of these limitations have been material, and they do not detract from my overall recommendation. Review collected by and hosted on G2.com.

There are plenty of features to use and new ones to add, it's very intuitive and you can get around very easily.

For example creating new reports, adding custom fields, adding transactions. Review collected by and hosted on G2.com.

I don't have any major things that I dislike about Ledgy. One current improvement the team is working on at the moment is end of the year statements fro employees where you can select the ranges that you want the data to populate from. Review collected by and hosted on G2.com.

Having migrated from a legacy equity platform, Ledgy has made equity administration a lot easier for our team. The initial migration was straightforward, and the team provided great guidance throughout the process. The user interface is clean, and being able to create workflows and link other HR systems has streamlined our equity administration significantly. Our account managers are consistently helpful, responsive, and reliable whenever we need support. Review collected by and hosted on G2.com.

Its not a dislike but I think it would have been good to understand how the entire systems hangs together a bit better in the beginning. Review collected by and hosted on G2.com.

I really like Ledgy. The responsive customer service is a standout for me, as they genuinely incorporate feedback into the product. The clear UX makes it easy for me as an administrator and for regular users to quickly see their situation. I also appreciate that it syncs automatically with the company's HR system, and the ability to export data to XLSX format for further calculations is important. Furthermore, there are power user features for those who seek them out, which I find valuable. Review collected by and hosted on G2.com.

The validation requirements are rigidly enforced, which can occasionally make it hard to book historical transactions (though the CRM has invariably helped me with workarounds). Review collected by and hosted on G2.com.