Diligent Equity

RATING:

3.7

(12)

About Diligent Equity

EquityEffect is a cloud-based equity management solution, which helps law firms, investors and financial institutions of all sizes monitor, manage and organize shares using cap tables and what-if analysis. It comes with a stock and options management module, which enables organizations to verify the distribution and availability of equities. EquityEffect’s unified dashboard allows managers to view information related to funds, valuation history, co-investors, companies, and more. It offers various features including standard equity workflows, shareholder allocations, board approvals, capitalization overview, digital documents, and centralized cap tables. Additionally, the solution lets users create custom alerts and notifications for multiple tasks such as regulati...
Easy-to-use Cap Tables
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Diligent Equity Reviews

Overall Rating

3.7

Ratings Breakdown

Secondary Ratings

Ease-of-use

4

Customer Support

4.5

Value for money

4

Functionality

3.5

Most Helpful Reviews for Diligent Equity

1 - 5 of 12 Reviews

Anonymous

2-10 employees

Used weekly for less than 12 months

Review Source: Capterra
This reviewer was invited by us to submit an honest review and offered a nominal incentive as a thank you.

OVERALL RATING:

5

EASE OF USE

5

VALUE FOR MONEY

5

CUSTOMER SUPPORT

5

FUNCTIONALITY

4

Reviewed March 2020

Finally a platform for VC's that actually helps....

PROS

Easy to use, great customer service, does a lot

CONS

Looking forward to new features being added -- e.g., more portfolio KPIs

Nick

Venture Capital & Private Equity, 11-50 employees

Used weekly for less than 12 months

Review Source: Capterra
This review was submitted organically. No incentive was offered

OVERALL RATING:

4

EASE OF USE

4

VALUE FOR MONEY

5

CUSTOMER SUPPORT

5

FUNCTIONALITY

3

Reviewed March 2021

YE Review

PROS

I like the API Plug in the availability of the info.

CONS

Would like there to be more customizable features for the tear sheets to be able to drag and drop information onto the page however we would like. Also, for post money valuations, would like the ability to update on our own if there is a disconnect as it's based on Pre-Money and doesn't always agree to our records.

Reason for choosing Diligent Equity

The API Ability to be able to plug in and pull was a huge plus and we enjoyed talking and workingwith the team as they were all really receptive to our feedback and wanting to help make the product better for us and for other investors.

Anat

Information Technology and Services, 501-1,000 employees

Used daily for less than 12 months

Review Source: Capterra
This reviewer was invited by us to submit an honest review and offered a nominal incentive as a thank you.

OVERALL RATING:

2

EASE OF USE

3

VALUE FOR MONEY

3

CUSTOMER SUPPORT

4

FUNCTIONALITY

2

Reviewed March 2020

Software is not reliable enough

On a daily basis, I use the software mainly to check options status of the company's employees. I perform exercises and cancellation of options. Also, I manage the company's cap table and all other relevant equity updates (pool increasing, warrants updates etc.).

PROS

Easy to understand how to use. Menu is simple.

CONS

In my opinion, the software is not reliable. I don't trust it to save my data in proper way. I usually do double checking when performing actions.

Reason for choosing Diligent Equity

As of now, this is our best option, and this the software that our trustee uses and it works for us. Maybe, after becoming public we will considers other options that will be more functional for us and a one-stop-shop for all our uses.

Genevieve

Venture Capital & Private Equity, 2-10 employees

Used monthly for less than 6 months

Review Source: Capterra
This review was submitted organically. No incentive was offered

OVERALL RATING:

5

EASE OF USE

5

VALUE FOR MONEY

5

CUSTOMER SUPPORT

5

FUNCTIONALITY

5

Reviewed February 2021

Refreshing and functional!

The team at Equity Effect is great to work with! They are super responsive, helpful and patient. Great team and great customer service!

PROS

We really like the capabilities for managing cap tables and modeling scenarios. It is easy to use and has sophisticated functionality.

CONS

So far, there is not anything I do not like.

Reasons for switching to Diligent Equity

We appreciate the functionality and customer service

Patrick

Venture Capital & Private Equity, 2-10 employees

Used weekly for less than 12 months

Review Source: Capterra
This review was submitted organically. No incentive was offered

OVERALL RATING:

5

EASE OF USE

4

VALUE FOR MONEY

5

CUSTOMER SUPPORT

5

FUNCTIONALITY

4

Reviewed February 2021

Becoming an Integral Part of Our Operations

The EquityEffect team has been incredibly responsive and helpful.

PROS

EquityEffect has made it easier to aggregate our fund information, investment documents, and other pertinent materials in a centralized location that is accessible to both our team and our investors. The system provides nice visualization tools and other features that aide in our reporting and portfolio management.

CONS

The software is missing a few key features that would enable us to upload without having to go to the Diligent portal, easily update investments on the platform , etc. All in all, it seems the system is still being iterated upon but will eventually reach a point where it provides a seamless interface for VC fund management.