Case Study: VIU Eyewear streamlines equity management with Ledgy

With Ledgy, VIU Eyewear implemented scalable processes for all equity-related topics

VIU Eyewear, an international eyewear company with a team of 400+ employees, faced the challenge of managing an extremely complex and error-prone capitalization table on a massive Excel spreadsheet with 200,000 rows. This manual process, managed solely by co-founder Peter Kaeser to avoid errors, became unsustainable as the company grew and its shareholder base expanded. The difficulty of tracking equity transactions and setting up a phantom stock option plan (PSOP) prompted them to seek a professional solution from vendor Ledgy.

By implementing Ledgy’s equity management platform, VIU Eyewear gained an error-free and intuitive system for cap table management and employee equity plans. The Ledgy solution provided a centralized transaction overview, granular access controls for different stakeholders, and features like document attachment for painless due diligence. This allowed VIU to efficiently manage option grants with templating and signing flows, ultimately saving valuable resources and streamlining their entire equity management process.

VIU Eyewear

Peter Kaeser

Chief Operating Officer