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 t...


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Supported Operating System(s):

Web browser (OS agnostic)

11 Reviews of Diligent Equity

Average User Ratings

Overall

3.64 / 5 stars

Ease-of-use

3.5

Value for money

4.0

Customer support

4.5

Functionality

3.5

Ratings Snapshot

5 stars

(5)

5

4 stars

(2)

2

3 stars

(1)

1

2 stars

(1)

1

1 stars

(2)

2

Likelihood to Recommend

Not likely

Very likely

Showing 1 - 5 of 11 results

March 2020

Anonymous

Verified Reviewer

Company Size: 2-10 employees

Time Used: Less than 12 months

Review Source: Capterra


Ease-of-use

5.0

Value for money

5.0

Customer support

5.0

Functionality

4.0

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

March 2021

Nick from Kleiner Perkins

Company Size: 11-50 employees

Industry: Venture Capital & Private Equity

Time Used: Less than 12 months

Review Source: Capterra


Ease-of-use

4.0

Value for money

5.0

Customer support

5.0

Functionality

3.0

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.

Reasons 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.

March 2020

Sergey from Zerto

Company Size: 501-1,000 employees

Industry: Computer Software

Time Used: More than 2 years

Review Source: Capterra


Ease-of-use

4.0

Value for money

5.0

Customer support

5.0

Functionality

4.0

March 2020

Zerto

Recommended for use by small-medium enterprises with a lot of controls in place to constantly verify the data.

Pros

Helps with the daily large database management.

Cons

1) Not reliable - sometimes the saved changes are lost. 2) Upon some updates, the data may be altered. 3) No flexible reporting functionality - build-in reports vs having a flexible reports building tool.

February 2021

Genevieve from Springdale Ventures

Company Size: 2-10 employees

Industry: Venture Capital & Private Equity

Time Used: Less than 6 months

Review Source: Capterra


Ease-of-use

5.0

Value for money

5.0

Customer support

5.0

Functionality

5.0

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

February 2021

Patrick from Relevance Ventures

Company Size: 2-10 employees

Industry: Venture Capital & Private Equity

Time Used: Less than 12 months

Review Source: Capterra


Ease-of-use

4.0

Value for money

5.0

Customer support

5.0

Functionality

4.0

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.