Diligent Equity Reviews
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12 Reviews for UK Users
- Industry: Biotechnology
- Company size: 5,001–10,000 Employees
- Used Weekly for 6-12 months
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Review Source
Overall rating
- Value for Money
- Ease of Use
- Customer Support
- Likelihood to recommend 9.0 /10
No matter what Industry you are in, one can't go wrong with this software...
Reviewed on 20/01/2022
Pros
It took me only less than 2 days when it came to mastering the software and being confident on how to use it.
Cons
the software has so many features that when you first see it, it can't be a little overwhelming the first 3 times you use it.
- Industry: Venture Capital & Private Equity
- Company size: 11–50 Employees
- Used Weekly for 6-12 months
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Review Source
Overall rating
- Value for Money
- Ease of Use
- Customer Support
- Likelihood to recommend 8.0 /10
YE Review
Reviewed on 09/03/2021
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.
Alternatives Considered
CartaReasons for Switching to 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.- Industry: Information Technology & Services
- Company size: 501–1,000 Employees
- Used Daily for 6-12 months
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Review Source
Overall rating
- Value for Money
- Ease of Use
- Customer Support
- Likelihood to recommend 4.0 /10
Software is not reliable enough
Reviewed on 11/03/2020
On a daily basis, I use the software mainly to check options status of the company's employees. I...
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.
- Industry: Venture Capital & Private Equity
- Company size: 2–10 Employees
- Used Monthly for 1-5 months
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Review Source
Overall rating
- Value for Money
- Ease of Use
- Customer Support
- Likelihood to recommend 10.0 /10
Refreshing and functional!
Reviewed on 22/02/2021
The team at Equity Effect is great to work with! They are super responsive, helpful and patient. ...
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.
- Industry: Venture Capital & Private Equity
- Company size: 2–10 Employees
- Used Weekly for 6-12 months
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Review Source
Overall rating
- Value for Money
- Ease of Use
- Customer Support
- Likelihood to recommend 9.0 /10
Becoming an Integral Part of Our Operations
Reviewed on 22/02/2021
The EquityEffect team has been incredibly responsive and helpful.
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.
- Industry: Computer Software
- Company size: 501–1,000 Employees
- Used Daily for 2+ years
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Review Source
Overall rating
- Value for Money
- Ease of Use
- Customer Support
- Likelihood to recommend 7.0 /10
Zerto
Reviewed on 17/03/2020
Recommended for use by small-medium enterprises with a lot of controls in place to constantly...
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.
- Industry: Venture Capital & Private Equity
- Company size: 2–10 Employees
- Used Weekly for 6-12 months
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Review Source
Overall rating
- Value for Money
- Ease of Use
- Customer Support
- Likelihood to recommend 0.0 /10
Complicated and unreliable
Reviewed on 23/01/2021
This software has increased the time required to manage the cap table by 10X compared to a...
This software has increased the time required to manage the cap table by 10X compared to a spreadsheet
Pros
Could have some nice features like waterfall if data was reliable
Cons
Complicated to navigate and fix errors
Slow customer service in updating cap tables
Data entry unreliable and data spontaneously changes
- Industry: Financial Services
- Company size: 2–10 Employees
- Used Weekly for 6-12 months
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Review Source
Overall rating
- Value for Money
- Ease of Use
- Customer Support
- Likelihood to recommend 10.0 /10
Finally a platform for VC's that actually helps....
Reviewed on 05/03/2020
Pros
Easy to use, great customer service, does a lot
Cons
Looking forward to new features being added -- e.g., more portfolio KPIs
- Industry: Computer Software
- Company size: 201–500 Employees
- Used Weekly for 1+ year
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Review Source
Overall rating
- Value for Money
- Ease of Use
- Customer Support
- Likelihood to recommend 7.0 /10
my review of EquityEffect
Reviewed on 05/03/2020
generally satisfied, the software delivers but there is definitely room for improvement.
generally satisfied, the software delivers but there is definitely room for improvement.
Pros
Friendlier than similar software, ticks all boxes for my purposes
Cons
often you run into bugs both in the UI/UX and in the core capabilities.
- Industry: Computer Networking
- Company size: 51–200 Employees
- Used Weekly for 6-12 months
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Review Source
Overall rating
- Value for Money
- Ease of Use
- Customer Support
- Likelihood to recommend 9.0 /10
ES review
Reviewed on 08/03/2020
Pros
What did you like most about this software: user-friendly interface
Cons
no forget password mechanism
some features required to reverse other data so it will be affected
Alternatives Considered
CartaReasons for Switching to Diligent Equity
value for money- Industry: Venture Capital & Private Equity
- Company size: 51–200 Employees
- Used Weekly for 1-5 months
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Review Source
Overall rating
- Value for Money
- Ease of Use
- Customer Support
- Likelihood to recommend 10.0 /10
Great solution for fund construction
Reviewed on 24/02/2021
Overall great. The onboarding team was very detailed with building our environment and we have...
Overall great. The onboarding team was very detailed with building our environment and we have enjoyed working with the team. They have been very responsive to answering questions, too.
Pros
I really enjoy that it gives you a one-stop shop for evaluating future financing rounds (via the scenarios tool)
Cons
A bit trickier to handle international (non-USD) cap tables
- Industry: Financial Services
- Company size: 2–10 Employees
- Used Monthly for 1-5 months
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Review Source
Overall rating
- Value for Money
- Ease of Use
- Customer Support
- Likelihood to recommend 0.0 /10
Don't buy EquityEffect
Reviewed on 05/03/2020
Pros
They seem to have a general sense of their product strategy, roadmap, and useful features
Cons
Data inputted by their team is often wrong, software is buggy, and lots of key features (like companies that have shuttered being reflected as zero) are not yet implemented. Save yourself the time and frustration and wait until their product is usable.
