Your cap table. Your terms.

We’re not venture-backed, so we’re not forced into a revenue growth mindset. We’re interested in providing a service to founders and making enough revenue to sustain it. We are a company under different pressure, and that is the whole difference. It is also why the price gap is not an introductory offer we claw back later: see “Can the price go up?” below for what we commit to.

The same way a software company does: by charging a published, flat subscription for the product. Our $39/month Traction tier supports our COGS at a reasonable gross margin; our $99/month Growth tier is the margin lever. We don’t need to monetize your shareholder list to run a business.

We're building for that conversation. Our export format is one-click and lossless to Carta's import path, our document templates match the diligence formats firms recognize, and we publish a migration guide. Within 18 months of GA, our goal is that 75%+ of priced rounds closing on Tenacap require zero migration.

Yes, and we’d rather say so plainly than promise something we can’t hold for a decade. What we commit to is the shape of it: a change applies to everyone on that tier at once, we give 90 days’ notice, and we won’t do it more than once in any 12 months. You will never pay more than someone who signs up today - and never less, either. That symmetry is the whole point.

Yes. Every feature in the tier above yours can be added on its own - $8/month each on Starter, $12/month each on Traction. And we publish the arithmetic rather than burying it: five add-ons costs the same as (or more than) simply moving up a tier, so at your fifth we upgrade you automatically and stop billing add-ons. We’d rather show you the math than ask you to trust that we won’t game the tiers.

No - there is no implementation fee, no configuration project and no consultant. You upload your cap table and it is there. The reason there is less to learn is that we have left things out on purpose: we build what early founders need and skip the rest, which is a decision rather than a roadmap we have not reached yet. If something you need is missing, every page has a one-click way to tell us.

We publish what we’re considering and ask. Every page has a one-click way to tell us what you need - that feedback is read by the people writing the code, and everything we ship is listed publicly in our What’s New log. It’s signal-gathering, not a ballot: we’re not going to promise that the top vote always wins, because sometimes the right answer is the boring compliance work nobody votes for.

Yes - security is built in from the ground up. AES-256 at rest, TLS 1.3 in transit, and field-level encryption for sensitive PII (SSN, EIN, banking details), and least-privilege access controls throughout. Independent third-party penetration testing is scheduled before we leave beta.

V1 is US Delaware C-corp focused - the entity 95% of venture-backable startups incorporate as. LLC support is on the roadmap if early signal warrants it. International entities (UK, Canada, Singapore) are not on the V1 or V2 roadmaps.

You have a one-click export every day you’re a customer. The schema is public and Apache-2.0 licensed; multiple competitors will be able to import it. We also commit, in the ToS, that if we ever wind down you get at least 90 days’ notice and at least 90 more days of free, read-only access - long enough to export your cap table, ledger and audit history, and to download every document executed through Tenacap.

Now - beta is open. Add your email and we’ll send you info on how to get started. We onboard in waves, prioritized by signup date and segment, with founders preparing for a priced round first in line.

No - nobody is billed while Tenacap is in beta. The tiers and prices above are what apply at general availability, and we’ll tell every beta customer before billing starts, not after.