Malak
Open-source investor relations hub — KPIs, updates, and fundraising.
AGPL-3.0 alternative to Carta for founders. Investor updates, KPI dashboards, cap table, data rooms, and pipeline CRM — white-label, self-hostable via Docker.
AngelList (now operating as part of AngelList Stack) offers cap table management, SAFE issuance, and investor reporting for startups, with team pricing starting around $1,600/year. In 2026 AngelList stopped accepting new customers for its standalone cap table product, rebuilding its offering around its own fundraising vehicles — which leaves founders who aren't raising through AngelList's own funds looking for independent alternatives.
FAQ
Is there a free, open-source alternative to AngelList's cap table tools?
Yes. Malak is AGPL-3.0 licensed and free to self-host for investor relations and fundraising tracking.
What's the best open-source alternative to AngelList for cap table and investor updates?
Malak is a reasonable option now that AngelList has closed its standalone cap table product to new customers, covering KPI tracking and investor updates.
What are the top open-source alternatives to AngelList?
Browse all open-source alternatives to Carta for more cap table and investor relations tools, or explore the full Business & Finance category.