Cap table management platform Pulley announced this week on its website that it was shutting down, and its final day of operations and services will be December 8. In a twist, it said it has partnered with its rival, Carta, to offload customers; it’s also redirecting prospective clients to Carta.
Yin Wu, a serial founder and ex-Microsoftie, started building Pulley in 2020 and went on to raise over $50 million from top investors, including General Catalyst, Stripe, and Founders Fund.