The Ledgerly alternative for scaling startups looking for a simpler and more affordable platform

We like Ledgerly, and it’s a strong platform for later-stage companies that need every bell and whistle. But if you’re in your early or growth stage and want something plain and quick to use, move over to Fernway and feel the difference. Contracts set up in minutes, and a team that stays motivated in real time.

Book a demo Start free No credit card required

Can’t decide between Fernway and Ledgerly?

Don’t take it from us — take it from Fernway customers and former Ledgerly users who made the move.

Five-star reviews from customers who switched P Peerfield

“Fernway is what Ledgerly should have been.”

“It’s straightforward to use, I never have to book a call with a rep to get a small change made, and support actually finishes the job.

With our old provider, one issue would get escalated across three people and take the better part of a week. On Fernway I message the same person, we get on a call when it suits me, and it’s resolved the same afternoon.

And the price: roughly a fifth of what we were paying.

Marta D, Founder and CEO
Portrait by Jake Nackos on Unsplash

“I’d pick Fernway over Ledgerly again tomorrow.”

“Easy platform, responsive team, fair price. I prefer Fernway to Ledgerly because it has a plainer interface and it fits the way we actually work. Since moving across, managing our option plan and our investors takes an afternoon a quarter instead of a week.”

Ben H, Small business
BH

“Saved us hours. Streamlined the whole process.”

“Saved us hours of back and forth with lawyers. It streamlined the entire process and we can issue an option grant to a new hire in under ten minutes.

Alex M, CEO at Roosted
Portrait by Korede Adenola on Pexels

“The best platform for running equity and options at startup stage.”

“Templated agreements, dashboards you can read at a glance, and simple ways to tell people what they hold. Issuing stock, granting options and keeping shareholders in the loop is all in one place — and there is chat support staffed by people who know the product.

Sharon H, Chief Technology Officer
Portrait by Thanh Xuan Nguyen Ly on Pexels

“Solid functionality and a genuinely responsive team.”

“Fernway’s feature set was exactly what we needed as a startup getting off the ground with a first equity raise and an option plan for the team. It has grown alongside us since, and support has been consistently good.

We needed a way to run the cap table that didn’t mean doing the maths by hand in a spreadsheet. I can’t picture going back — it is a clear time saver.

Gavin B, Chief Executive Officer
Portrait by Ben Khatry on Pexels

“The feedback from my founder network is consistent. Fernway is easier to live with.”

“I’ve used Fernway for close to four years and I’ve pointed a good number of startups at it.

It’s set up to serve founders wherever they are. Two things it does especially well: you don’t need anything else for cap table management, and it is the most workable tool I’ve seen for running an option plan across several countries. Shareholder reporting is a favourite with my investors too.

I’d put Fernway in front of any founder raising a seed round.”

Chris G, Co-founder
Portrait by Prince on Pexels

Fernway vs Ledgerly

You shouldn’t have to pay for complicated features you’ll never open.

Powerful contract engine

Set up equity plans, send offers and arrange digital signing in minutes. Use our stock option or capital raising agreements, edit them, or upload your own — you can even drop in contracts from your own solicitor. We kept it flexible so it saves you both time and money.

Offer letter

Offer date
Sign here Nora Vance
Add contract tags Company name Option price Employee address Employee name Exercise price Exercise period Number of options Start date Vesting rules
SignPath

Startup-friendly pricing

Free to start, no card needed, and paid plans that begin lower than Ledgerly’s so they actually match where our customers are. Run a SAFE round or a stock option plan from ready-made templates and keep thousands in legal fees where they belong.

Pro
Growth
Starter
Fernway
Start free
For up to 5 stakeholders

Hands-on customer support

Fernway is simple enough to set up on your own, but if you do get stuck we’re not going to send you a video tutorial and disappear. Our customer team gets you onboarded properly and stays with you as the company grows.

Person using a laptop on a sofa, photo by Ketut Subiyanto on Pexels Portrait by Foto Sushi on Pexels

Frequently asked questions

Do I need a transfer agent to move off Ledgerly?
Will you help me migrate my data across for free?
How long does a migration usually take?

Offer letter

Offer date Employee name Company name

Series A stock options

6,274,180total options
2,148,905unallocated options
11% exercised38% vested66% allocated

Equity doesn’t have to be complicated. Move to Fernway and see for yourself.

Start for free *no credit card required