Tabulate
Bangalore, India
What it is
Tabulate is a web platform for managing company equity and cap tables. It keeps shares, options, warrants, SAFEs, convertible notes, and other share classes in one ownership record. Recording an issuance, transfer, exercise, or conversion updates the cap table and adds to a full audit trail. Founders and finance teams can model a proposed funding round and view possible dilution across founders, investors, and the ESOP pool. ESOP workflows cover bulk digital grant letters, e-signatures, vesting tracking, employee self-service, exercise and exit management, and expense reports. Grantees can view grant details, vesting progress, and value through an employee portal. Tabulate generates board reports, investor updates, due-diligence documents, and Companies Act-aligned records such as SH-6. Its records are described as aligned with NSDL/CDSL dematerialisation requirements. An integration with Incentiv Transact supports liquidity workflows. Pricing is available on request, with a 30-day trial.
For and against
For
- Tracks multiple share classes in one record
- Models funding rounds and dilution
- Includes employee self-service portal
- Generates compliance and investor documentation
- Provides a full equity audit trail
Against
- Web platform only
- Pricing requires contacting sales
- Does not replace legal or company-secretary sign-off
- Basic vesting rule support
The verdict
Tabulate combines ownership records, ESOP administration, scenario modeling, reporting, and compliance documents in one web service. Companies should still rely on qualified legal or company-secretary judgment for sign-off.
Who it suits
Tabulate suits founders, finance, HR, secretarial teams, management, employees, and investors handling equity records and ESOP workflows.
On the record
- Audit trail
- Tabulate logs issuances, transfers, and conversions in a full audit trail.incentiv.finance · read 9 Oct 2026
- Availability
- The product page invites visitors to request a demo and contact sales.incentiv.finance · read 9 Oct 2026
- Cap table
- The cap table updates when equity events such as issuances, transfers, exercises, or conversions are recorded.incentiv.finance · read 9 Oct 2026
- Cap tables
- It tracks shares, options, warrants, convertible notes, and SAFEs in a company ownership record.incentiv.finance · read 9 Oct 2026
- Company history
- Incentiv says it was founded in 2022 and launched Tabulate in 2023.incentiv.finance · read 9 Oct 2026
- Compliance
- Tabulate generates Companies Act-aligned compliance documentation, including SH-6, for equity events.incentiv.finance · read 9 Oct 2026
- Compliance records
- The site says Tabulate generates Companies Act-aligned documentation, including SH-6, and keeps records aligned with NSDL/CDSL dematerialisation requirements.incentiv.finance · read 9 Oct 2026
- Dematerialisation
- Share records are described as aligned with NSDL/CDSL dematerialisation requirements.incentiv.finance · read 9 Oct 2026
- Employee portal
- Each grantee can view their own grant details, vesting progress, and value through an employee self-service portal.incentiv.finance · read 9 Oct 2026
- ESOP workflows
- It supports digital grant letters, e-signatures, vesting tracking, employee self-service, and exercise and exit management.incentiv.finance · read 9 Oct 2026
- Instruments
- It tracks shares, options, warrants, SAFEs, convertible notes, and other share classes in a single ownership record.incentiv.finance · read 9 Oct 2026
- Integration
- The product page describes an integration with Incentiv Transact for liquidity workflows for ESOP holders and investors.incentiv.finance · read 9 Oct 2026
- Intended users
- The ESOP workflows are described for HR, employees, finance teams, secretarial teams, and management.incentiv.finance · read 9 Oct 2026
- Legal limit
- The cap table page says Tabulate does not replace the judgment or sign-off of a company secretary or legal counsel.incentiv.finance · read 9 Oct 2026
- Ownership updates
- The product page says cap tables update in real time with equity events.incentiv.finance · read 9 Oct 2026
- Privacy and security
- Incentiv's privacy policy says it follows security practices required under India's Information Technology Act and related rules, and says internet security cannot be guaranteed.incentiv.finance · read 9 Oct 2026
- Purpose
- Tabulate manages equity and cap tables, including ESOPs, shareholders, investor updates, and ownership records.incentiv.finance · read 9 Oct 2026
- Reporting
- It generates board pack reports, investor updates, and due-diligence documentation from the ownership record.incentiv.finance · read 9 Oct 2026
