Pulley Is Shutting Down: Here's What You Need to Know

Key Takeaways

• Pulley is ceasing operations on December 8, 2026 - if you're a customer, your access ends that day, with limited data retrieval through January 31, 2027.
• Pulley clients are being offered a default path to Carta, including a new 12-month contract and pricing matched to their current rate for year one.
• Clients have until November 30, 2026 to opt in and lock in assisted migration and pricing - after that, none of it is guaranteed.
• If you are a client, this is a good moment to ask whether the default option is actually the right one for where your company is headed, not just where it's been.

What Happened

On Sept 15, 2026 Pulley announced it is winding down operations, effective December 8, 2026. In a LinkedIn post, co-founder Yin Wu confirmed the company is "working with Carta to transition Pulley customers to their platform," with Carta agreeing to honor existing Pulley contract terms during the handoff.

According to Pulley's own FAQ, the practical details break down like this: the app itself becomes inaccessible on December 8, though customers retain limited data access through January 31, 2027.

The Default Path: Migrating to Carta

The default option is Carta. Here's how it works if a client opts in: they share contact and contract details, Carta reaches out with a new 12-month agreement, and if signed, year-one pricing matches what they were already paying Pulley - plus a credit for any prepaid time not yet used.

Timing matters more than it might seem. Opting in by November 30, 2026 preserves access to assisted migration and that pricing guarantee. Miss that window, and Pulley is explicit that none of it - timing, pricing, continuity - is guaranteed anymore. Their team stops being available to help.

Clients on a monthly plan face an extra wrinkle: Carta doesn't offer monthly billing, so migrating means moving to quarterly or annual terms regardless.

Before Signing Anything

Committing to a new vendor for 12 months, on a deadline you didn't set, is worth pausing on - even briefly - before signing:

1. Does this solve what you have today, or what you had when you first set up on Pulley?
   If your team has grown more international since then - equity holders in multiple countries, not just the US - the real question isn't "can this replace my old platform." It's "does this platform actually handle the compliance and tax complexity I'm dealing with now."
   
   
2. What's genuinely handled for you, versus what still falls on your team or outside counsel?
   Cross-border equity comes with country-specific tax withholding, jurisdictional filing deadlines, and regulatory changes that don't pause for a renewal cycle. It's worth confirming whether a platform monitors that continuously, or whether the team is still the one catching it.
   
   
3. How hard is onboarding to a different platform, really - and does it actually require Pulley's cooperation?
   Pulley has said it won't assist migrations to anywhere but Carta, which can make switching elsewhere feel harder than it is. But a cap table and its underlying records are the company's data, not the vendor's. It's worth asking a prospective new platform directly what onboarding looks like without the outgoing vendor's help, before assuming Carta is the only path that doesn't involve a headache.
   
   
4. If this turns out not to fit, what does it cost to switch again?
   Signing under deadline pressure is exactly the situation where gaps get discovered later rather than caught upfront.

Where Slice Fits

For companies with equity spanning more than one country, this is a legitimate moment to evaluate what's actually needed next, rather than defaulting to what's easiest right now. 

Slice is built specifically for that complexity: continuous compliance monitoring instead of manual tracking, AI-native handling of cross-border tax and regulatory requirements, and the ability to issue equity in a new country in minutes rather than months of outside counsel work.

If a domestic-first cap table tool no longer matches where a company operates, it's worth a few minutes to check whether the next platform actually fits that - before signing anything.

Book a demo to see how Slice handles global equity complexity.