# Raziel vs Kubera vs Sharesight: Private Investment Trackers > Raziel vs Kubera vs Sharesight, as of Oct 2026: Kubera lists $250 a year and tracks SAFEs with IRR. See which tracker handles SAFE conversion and SPV calls. URL: https://raziel.co/learn/raziel-vs-kubera-vs-sharesight Author: Jordan Rothstein Published: 2026-10-26 ## Raziel vs Kubera vs Sharesight: the short answer Raziel vs [Kubera](https://raziel.co/compare/raziel-vs-kubera) vs Sharesight comes down to the job you need done after the wire. Kubera is a net-worth balance sheet that now tracks private positions, with IRR per holding and pre-IPO prices from Hiive. Sharesight is a listed-stock performance, dividend and tax tracker that can also record unlisted holdings. Raziel is the book for SAFE, SPV and stock-exit events: the conversion, the capital call, the lockup, the Rule 144 clock, the secondary lot. Every competitor fact below comes from that company’s own pages, as of Oct 2026. ## Does Kubera track SAFEs and startup equity? Yes. Kubera’s own comparison page (as of Oct 2026) says private stock, SAFEs, LP positions and loans sit on the same balance sheet as brokerages and banks. Each position gets an IRR from dated cash flows, in any currency. A capital-call and distribution schedule tracks unfunded commitments and alerts you before each expected call. Documents attach to the asset, and AI import reads an investor statement. Two integrations matter for startup investors. Kubera’s [Carta](https://raziel.co/compare/raziel-vs-carta) integration syncs RSUs, RSAs, option grants, certificates and convertible notes, and Kubera notes that LP positions are not yet available through that API, so they are tracked manually (Kubera blog, as of Oct 2026). Its Hiive integration adds market-derived prices for pre-IPO holdings, based on buyer and seller activity on Hiive rather than the last round (Kubera blog, as of Oct 2026). Kubera is also direct about its limit. Its comparison page says Kubera is a balance sheet, not a fund-admin tool, and is not the pick if you want fund-level TVPI/DPI reporting or K-1 processing. Our free [TVPI and DPI calculator](https://raziel.co/tools/tvpi-dpi-calculator) splits a multiple into its cash and NAV parts. ## Can Sharesight track unlisted investments? Yes. Sharesight’s pricing page (as of Oct 2026) lists “record unlisted investments” on every plan, including Free. Its core is listed holdings: automatic dividends and adjustments, performance reports, and taxable income reports on paid plans. If your book is mostly listed shares and ETFs with a few private positions recorded at a value you enter, that is the job it is built for. ## Which tracker handles SAFE conversion and SPV capital calls? This is where the three split. A balance sheet answers “what am I worth today.” A SAFE, an SPV interest or a pre-IPO lot keeps generating events after you wire, and each event changes the record, not just the number. Raziel keeps each one as a dated row: - **SAFE conversion.** When the priced round closes, the SAFE row closes and a preferred row opens on the original cash date. See [SAFE conversion tracking](https://raziel.co/learn/safe-conversion-tracking). - **SPV capital calls.** Commitment, call and wire stay separate fields on the vehicle, with the K-1 parked on the SPV record. See [how to log an SPV capital call](https://raziel.co/learn/how-to-log-an-spv-capital-call). - **Lockup and Rule 144.** The underwriter contract end date and the safe-harbor holding period are two different clocks on the same shares. See [IPO lockup tracking](https://raziel.co/learn/lockup-tracking) and [Rule 144 tracking](https://raziel.co/learn/rule-144-tracking). - **Secondary lot splits.** A tender sells part of a position. The leftover lot keeps its own quantity and cost basis instead of overwriting the original. See [secondary stock lot tracking](https://raziel.co/learn/secondary-stock-lot-tracking). Those rows sit next to IRR, MOIC, cap tables and documents, with AI document ingest reading the PDFs. Raziel also has investor relations tools for founders. For why a cap table and a portfolio tracker are different records, read [cap table vs portfolio tracker](https://raziel.co/learn/cap-table-vs-portfolio-tracker). For angel-only tools, see [best angel investment trackers](https://raziel.co/learn/best-angel-investment-trackers). ## Pricing as of October 2026 Kubera lists $250 a year with a 14-day free trial, per its own comparison page as of Oct 2026. Sharesight lists a Free plan (10 holdings), Starter at $7, Standard at $18 and Premium at $23.25 USD a month billed annually, per sharesight.com/pricing as of Oct 2026. Monthly billing costs more on each paid plan. ## Who should use each ### Choose Kubera if Private positions are one part of a wider net worth, and you want calls, distributions, per-position IRR and pre-IPO prices on the same balance sheet as your banks and brokerages. If your Carta holdings are the main private exposure, its Carta sync pulls those positions in. ### Choose Sharesight if Your portfolio is mostly listed stocks, ETFs and funds, and dividend, performance and tax reporting on those holdings is the job. A few unlisted positions can ride along as recorded values. ### Choose Raziel if Your private book is SAFEs, notes, priced rounds and SPV interests, and the hard part is what happens after the wire: conversions, capital calls, lockups, Rule 144 dates and secondary lots. You want IRR and MOIC next to an event log that does not overwrite the original investment when an instrument changes. ## The verdict Kubera has closed most of the old gap on private positions. SAFEs, per-position IRR, capital-call schedules, Carta sync and Hiive prices are all on its own pages, and any comparison that says otherwise is out of date. Sharesight remains a listed-stock reporting tool that can carry unlisted values. Raziel is built for the investor whose problem is not the balance sheet but the event log under it. Pick the tool that matches the work you do every week, not the longest feature list. ## Frequently asked questions ### Does Kubera calculate IRR for private investments? Kubera says yes. Its comparison page (as of Oct 2026) says each position’s IRR comes from its dated cash in and cash out, in any currency. ### Does Kubera sync with Carta? Yes, per Kubera’s Carta integration post (as of Oct 2026): RSUs, RSAs, option grants, certificates and convertible notes sync. LP positions are tracked manually. ### Do Kubera and Sharesight have free plans? Sharesight has a Free plan for up to 10 holdings. Kubera lists a 14-day free trial. Both are from their own pages as of Oct 2026. [Create a free account](https://app.raziel.co/sign-up) to start, or see [Raziel for startup investors](https://raziel.co/products/startups). This is not legal, tax, or investment advice. Raziel, Inc. does not provide it.