Malak: Open Source Alternative to Carta
Open-source investor relations hub — KPIs, updates, and fundraising.
Malak is an open-source investor relations hub with 60+ GitHub stars — an AGPL alternative to Carta and AngelList for founders. KPI dashboards, fundraising pipeline, data rooms, and investor updates — white-label and self-hostable.
Compare Malak with AngelList and Pulley before you choose your stack.
Key features
Investor relations
- Rich monthly investor updates via email from your own domain
- KPI tracking with integrations (Stripe, Mercury, Brex, and more)
- Fundraising pipeline mini-CRM for investor meetings
- Deck and data room management
Platform
- White-label by design — deploy on your own domain
- Go backend + Next.js frontend
- Self-host on minimal hardware (512MB RAM)
- Docker deployment with official GHCR images
Security
- TLS everywhere, encrypted data at rest
- Automated testing and strong peer review culture
- Open-source transparency — audit what you run
- Audit logs on paid tiers
Malak vs Carta
| Malak | Carta | |
|---|---|---|
| License | AGPL-3.0 (open source) | Proprietary |
| Deployment | Self-hosted available | Cloud SaaS |
| Data control | Your infrastructure | Vendor infrastructure |
| Customization | Full source access | Limited to vendor features |
| Cost | Free open-source software | Subscription or usage fees |
Choose Malak if you want open-source code, self-hosting options, and full control over your data and deployment.
Choose Carta if you prefer a managed proprietary product with vendor support and minimal setup.
Browse more open-source alternatives to Carta, or explore other tools in Fundraising.
At a glance
| License | AGPL-3.0 |
| Stack | Go, Next.js, TypeScript, PostgreSQL |
| Self-hosted | Yes — Docker |
| Cloud | malak.vc (managed) |
| Integrations | Stripe, Mercury, Brex, and more |
Getting started
docker run ghcr.io/ayinke-llc/malak:latest
Docs at docs.malak.vc. White-glove self-hosting available via Ayinke Ventures.
FAQ
Is Malak a free alternative to Carta?
Yes. Malak is open source under AGPL-3.0. You can self-host it at no software cost — you only pay for infrastructure or optional managed services.
How does Malak compare to Carta?
Malak gives you source code access, self-hosting, and data ownership. Carta is a proprietary product focused on managed convenience. See the comparison table above for a side-by-side breakdown.
Can I self-host Malak?
Yes. Malak supports self-hosted deployment, which is a core reason teams choose it over Carta. Check the Getting started or Self-hosting section for install commands.
Is Malak suitable for production?
Malak is actively maintained with a strong open-source community. Many teams run it in production as a Fundraising alternative to Carta. Review the At a glance table for license and stack details.
What are alternatives to Malak and Carta?
Browse alternatives to Carta for more open-source options, including tools compared to AngelList. Explore the full Fundraising category for related projects.
Screenshots
