At last, a SaaS based solution for setting up company share schemes

Every time you have a conversation with a conventional lawyer or accountant, it feels like you’ve just stepped out of a time machine having travelled 10 years back in time. As a SaaS business owner you’re used to using all the latest tools and technologies to make your business run smoothly. But legal and financial work always feels like it's holding you back. You could live with it but it leads to mistakes being made.

It’s estimated that almost 50% of share schemes aren’t compliant when it comes to exit and the problems stem from human error; things like calculation mistakes made by incorrect formulas in spreadsheets and vesting schedules, admin not being completed correctly or not on time, valuation inaccuracies, incorrect clauses buried deep in legal docs and a host of other things. That’s why so many people over pay in professional fees and tax unnecessarily.

Software companies like yours are built to stop problems like those from happening. Vestd is doing just that for share schemes, giving you complete confidence that the most valuable thing you and your employees own is structured the way you want it to be structured and most importantly, will actually be compliant when you come to exit.

Save yourself time, money and headache. Manage your share scheme and shareholders on the only platform that helps you and your team stay compliant, every step of the way.

Vestd is the UK’s share scheme specialist. Every week, our experts, help more companies set up their EMI option schemes than anyone else.

David Biggs

Vestd has the most user-friendly platform and was built for UK businesses, by a team of genuine experts that helped us to get everything set up. What they don’t know about share schemes isn’t worth knowing.

David Biggs, CFO, Pusher
Chris Drummond

Using our equity to boost business has been a revelation. We needed more customers but wanted to ensure they were right for us and that we could offer them loads of value. By inviting them to be shareholders we’ve created a real community of advocates.

Chris Drummond, Crafted Crate
David Harvey

Vestd was great. Loads easier and simpler than doing this the traditional way. Though almost all of the process could be completed online without any direct communication, the Vestd team were always available to answer specific questions at various stages.

David Harvey, Seccl
Gail Spooner

The Vestd Team is incredibly helpful and responsive and there is always someone willing to assist - no matter what time of day!

Gail Spooner, My Makeup Concierge
Gail Spooner

This is the go-to online platform for Founders & CEOs who have zero time to learn and execute the intricacies of tax and equity distribution law.

Gail Spooner, My Makeup Concierge
Jacob Wedderburn Day

Vestd has been a brilliant tool for us. We recently closed a $1.1m seed round, and knowing that all the information is stored and processed in one place has been a massive time-saver. The calculators are handy and the dashboard is well-designed. We will definitely be using Vestd to manage our EMI option scheme going forward too. Overall, I would 100% recommend it to other founders.

Jacob Wedderburn Day, CityStasher
Jacob Wedderburn Day

I’d looked at traditional routes of doing it but I really wanted somewhere I could keep track of all the share movements easily. On Vestd I can clearly see details of the share authorisations, shareholders and the actual shares that have been issued. It makes it so simple.

Jacob Wedderburn Day, CityStasher
Jim Jensen

It was a combination of extremely knowledgeable support and really simple and intuitive technology. You’ve massively simplified the whole share scheme process for everyone involved.

Jim Jensen, Propellernet
Kari Honkanen

With Vestd I can rest easy knowing all my records and resolutions are organised, secure and easy to view. Now I can concentrate on taking my business forward!

Kari Honkanen, Koodaa
Leon Ifayemi

As a Founder, I wanted to reward my early stage team with shares, but with conditions attached. It’s been incredibly simple to use Vestd to build my team, and now that we have successfully completed our first major round of funding, we are looking for everyone to share in our success.

Leon Ifayemi, SPCE
Luke Fisher

We needed a solution that had the right balance of speed, quality and affordability. Vestd excelled for us on all three. The level of service was far beyond what you’d expect from a software product.

Luke Fisher, ThanksBox
Flair

The onboarding was really nice. UX flow is great, well thought out and intuitive. I’m not overstating it when I say it’s the best software service that we use.

Flair Football
Ritam Gandhi

The process of giving or receiving shares in a private limited company used to be extremely cumbersome, expensive and confusing!

Ritam Gandhi, Studio Graphene
Ritam Gandhi

Vestd have built a product around customer needs as their number one priority, leveraging technology. They have made something that is normally extremely complex and difficult to do, seamless and simple.

Ritam Gandhi, Studio Graphene
Ritam Gandhi

The ongoing management of EMI options is a real challenge. It’s great that Vestd have made it possible for the individual employees to be able to view what options they have been awarded via the portal anytime.

Ritam Gandhi, Studio Graphene
Ritam Gandhi

My experience with Vestd has been really fantastic. They have an amazing digital experience but have also added great "human" customer service to guide you through the process.

Ritam Gandhi, Studio Graphene
Robert Lynch

Vestd makes the world of options simple. It’s a one stop shop for anyone looking to bring other people into their project.

Robert Lynch, CityMunch
Robert Lynch

Vestd is a great platform for early stage startups to get started with equity incentivisation.

Robert Lynch, CityMunch
Tom Nixon

Vestd has done all the tedious groundwork to give a business everything it needs to distribute equity using a simple online platform.

Tom Nixon, Maptio
Tom Nixon

It takes the headache and cost out of allocating equity stakes to anyone helping a company get going.

Tom Nixon, Maptio
Tracey Blake

There has been nothing at all I have disliked! Ifty and his team couldn't be more supportive and helpful.

Tracey Blake, Student Nannies
Tracey Blake

I felt immediately reassured that the Vestd experts could help us restructure things in a fair and efficient way, with an eye on the future.

Tracey Blake, Student Nannies
g2crowd reviews

Software companies love Vestd

pusher
thanksbox
mojo
gathercontent
spce
citystasher

The hidden costs (and work) of share scheme management

Managing a share scheme is so much more than the option agreement. If you were doing this the traditional way, this would be your to-do list...

Guidance on which scheme and structure you qualify for and which is right for you and your team

Subdividing the current shareholding so there’s sufficient denomination (update companies house SH02)

Ensuring nothing in your articles or SHA’s restrict your options (updating these if so)

Tidying up any existing share authorisations and option agreements (if they exist)

Ensuring the existing share classes are suitable for the scheme (creating new ones if not)

Gaining board approval - creating/signing the resolution

Create vesting schedule and setting cliffs

Option agreement creation (when assessing the cost of a scheme, unfortunately, this is all most business owners consider. You can see why so many schemes aren’t compliant on exit)

Valuation preparation for HMRC

Valuation submission to HMRC (HMRC Val231, cover letter and justification)

Registering the scheme with ERS

Communicating the share scheme internally (so you and the team get the most from it)

Distribute option agreement to employees with the right company information they legally need to see

Agreement signed and recorded compliantly

Registering the option holders with ERS

Annual submissions to HMRC

Annual confirmation statements for Companies House (as ownership changes)

Adding new employees when they join the business (and repeating all the steps above)

Cancelling an employees option and ensuring the rights are waived (and ensuring this is done compliantly if only a partial cancel)

Ongoing guidance as questions come up and circumstances inevitably change

Vesting the shares over time at each vesting schedule milestone

Track ownership changes and report on dilution accurately to board and other shareholders (excel spreadsheet or updating a cap table tool if you use one)

Exercising of shares on or before an exit (compliantly with an S431 election, if required)

Updating Companies House with the share issuance (SH01)

Creating and signing share certificates

Updating your legal share register and cap table

David Biggs

Vestd has the most user-friendly platform and was built for UK businesses, by a team of genuine experts that helped us to get everything set up. What they don’t know about share schemes isn’t worth knowing.

David Biggs, CFO, Pusher
Chris Drummond

Using our equity to boost business has been a revelation. We needed more customers but wanted to ensure they were right for us and that we could offer them loads of value. By inviting them to be shareholders we’ve created a real community of advocates.

Chris Drummond, Crafted Crate
David Harvey

Vestd was great. Loads easier and simpler than doing this the traditional way. Though almost all of the process could be completed online without any direct communication, the Vestd team were always available to answer specific questions at various stages.

David Harvey, Seccl
Gail Spooner

The Vestd Team is incredibly helpful and responsive and there is always someone willing to assist - no matter what time of day!

Gail Spooner, My Makeup Concierge
Gail Spooner

This is the go-to online platform for Founders & CEOs who have zero time to learn and execute the intricacies of tax and equity distribution law.

Gail Spooner, My Makeup Concierge
Jacob Wedderburn Day

Vestd has been a brilliant tool for us. We recently closed a $1.1m seed round, and knowing that all the information is stored and processed in one place has been a massive time-saver. The calculators are handy and the dashboard is well-designed. We will definitely be using Vestd to manage our EMI option scheme going forward too. Overall, I would 100% recommend it to other founders.

Jacob Wedderburn Day, CityStasher
Jacob Wedderburn Day

I’d looked at traditional routes of doing it but I really wanted somewhere I could keep track of all the share movements easily. On Vestd I can clearly see details of the share authorisations, shareholders and the actual shares that have been issued. It makes it so simple.

Jacob Wedderburn Day, CityStasher
Jim Jensen

It was a combination of extremely knowledgeable support and really simple and intuitive technology. You’ve massively simplified the whole share scheme process for everyone involved.

Jim Jensen, Propellernet
Kari Honkanen

With Vestd I can rest easy knowing all my records and resolutions are organised, secure and easy to view. Now I can concentrate on taking my business forward!

Kari Honkanen, Koodaa
Leon Ifayemi

As a Founder, I wanted to reward my early stage team with shares, but with conditions attached. It’s been incredibly simple to use Vestd to build my team, and now that we have successfully completed our first major round of funding, we are looking for everyone to share in our success.

Leon Ifayemi, SPCE
Luke Fisher

We needed a solution that had the right balance of speed, quality and affordability. Vestd excelled for us on all three. The level of service was far beyond what you’d expect from a software product.

Luke Fisher, ThanksBox
Flair

The onboarding was really nice. UX flow is great, well thought out and intuitive. I’m not overstating it when I say it’s the best software service that we use.

Flair Football
Ritam Gandhi

The process of giving or receiving shares in a private limited company used to be extremely cumbersome, expensive and confusing!

Ritam Gandhi, Studio Graphene
Ritam Gandhi

Vestd have built a product around customer needs as their number one priority, leveraging technology. They have made something that is normally extremely complex and difficult to do, seamless and simple.

Ritam Gandhi, Studio Graphene
Ritam Gandhi

The ongoing management of EMI options is a real challenge. It’s great that Vestd have made it possible for the individual employees to be able to view what options they have been awarded via the portal anytime.

Ritam Gandhi, Studio Graphene
Ritam Gandhi

My experience with Vestd has been really fantastic. They have an amazing digital experience but have also added great "human" customer service to guide you through the process.

Ritam Gandhi, Studio Graphene
Robert Lynch

Vestd makes the world of options simple. It’s a one stop shop for anyone looking to bring other people into their project.

Robert Lynch, CityMunch
Robert Lynch

Vestd is a great platform for early stage startups to get started with equity incentivisation.

Robert Lynch, CityMunch
Tom Nixon

Vestd has done all the tedious groundwork to give a business everything it needs to distribute equity using a simple online platform.

Tom Nixon, Maptio
Tom Nixon

It takes the headache and cost out of allocating equity stakes to anyone helping a company get going.

Tom Nixon, Maptio
Tracey Blake

There has been nothing at all I have disliked! Ifty and his team couldn't be more supportive and helpful.

Tracey Blake, Student Nannies
Tracey Blake

I felt immediately reassured that the Vestd experts could help us restructure things in a fair and efficient way, with an eye on the future.

Tracey Blake, Student Nannies
g2crowd reviews

All core features

Setting up a share scheme is more than just a document, Vestd is here for the life time of your scheme. It's our job to keep you and your team on track every step of the way.

Issue shares and options instantly

Compliantly execute all share transactions, grant options and generate certificates.

Paper free, digital signing

Eliminate paperwork, wet signatures and Excel spreadsheets.

Board & shareholder approval, without the hassle

Vestd generates all board and shareholder resolutions and automatically sends those for digital signing.

Set dynamic vesting schedules

Powerful scheduling tools to fit your specific requirements.

Add / remove team members easily

Easily add new team members as you grow. And compliantly cancel options if an employee leaves or things don’t work out. Including the partial cancellation of an option.

Digital exercising

Easily turn your employees into legally compliant shareholders. No paperwork, no posting, no wet signatures.

Full companies house integration

More than a digital record. We help you meet your legal requirements when making share transactions by completing all filings and paperwork on your behalf.

All HMRC notifications and submissions

From the initial registering of your scheme right through to adding option holders and annual reporting. Don't worry, we’ve got you covered every step of the way.

Track ownership, your single source of truth

A real time, shareable and powerful cap table. Every transaction in one place. Simulate dilution. Goodbye version control.

Seamless experience for your employees

You can have confidence your team have all the information they legally need to. Shares, documents, vesting schedules and certificates all in one place.

Secure document vault

All your company documents in one place. View real time signing status and easily see what’s outstanding.

Your legal register

Every UK company has to have a Legal Share Register, Directors Register and a PSC Register. We’ve got you covered on all counts.

Schedule a free, no obligation equity consultation

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