Solium Capital Acquires Capshare for Undisclosed Sum

Solium Capital Inc., a software-as-a-service provider for global equity-based incentive plans, administration, financial reporting, and compliance, today announced the acquisition of financial tech (fintech) startup Capshare.

Headquartered in Salt Lake City, Capshare is a web-based equity management platform where private companies can issue stock and manage all of their equity in one place without getting bogged down in spreadsheets and paperwork. Its platform automates option grants, performs complex exit analysis, and provides all the lawyer-level detail needed to completely manage a company’s cap table. The company had previously raised $2.9 million.

“Capshare has built an incredible product for early-stage companies that enables them to service their target audience better than any other company in the market,” said Marcos Lopez, chief executive officer of Solium. “Together with Solium’s Shareworks platform, we are now able to bring the best technology and service to companies from inception through IPO.”

Solium’s investment will allow Capshare to triple its development team. In addition, as Capshare customers advance from early-stage to later-stage companies, they will gain access to Solium’s resources.