We have introduced new, defined stakeholder categories in an effort to improve the cap table experience and allow for better sorting. We have also added new field called Stakeholder Label, which allows company admins to input additional freetext to describe a stakeholder. It can be edited at any time. Existing categories have been migrated to the new list:

When we saw a clear mapping to our new list (e.g. old stakeholder category was “Employee”, “Employees”, “US Employee”), they all were migrated to the “Employee” fixed category. “Series A1 Investor” became “Institutional investor”, and so on.
Otherwise, we set their category to “Other” and moved the freetext stakeholder category to the label field.

These changes are reflected everywhere stakeholder category was previously used. That means ledgers, dashboards and import files.