We're excited to share three major updates that tackle the biggest pain points in equity management. These aren't just incremental improvements, they're fundamental shifts toward making equity simpler, faster, and genuinely intelligent.
Scanbot: Cake's AI-powered contract analysis
Remember that sinking feeling when you upload a contract and your equity system immediately starts throwing red flags? Those days are over.
Introducing Scanbot, our latest AI-powered feature that scans your legal documents before they ever hit the platform. Using cutting-edge AI technology, Scanbot instantly highlights anything that won't work in Cake, giving you clear visual analysis of what's ready to go and what needs adjustment. You'll see exactly where labels should be placed, what requires tweaking, and most importantly – no more rework or guesswork. It's all about creating simpler workflows that let you focus on what matters: growing your business.
Cake People: Your people-focused equity management hub
If you've ever found yourself juggling multiple spreadsheets, browser tabs, and tools just to manage your stakeholders, this one's for you.
Cake People replaces that chaotic mess with one clean, centralized hub. Now you can manage every stakeholder—employees, investors, and advisers—all in one place. We've built it with smart search capabilities, flexible custom fields, and designed it to scale with your growing team. The goal is simple: reduce administrative overhead and give you the context you need, exactly when you need it. Learn more about Cake People.
Smarter offboarding: No more confusion when someone leaves
We've all been there: someone leaves the company, and suddenly you're navigating a maze of options: lapse, cancel, pause, accelerate. Which one applies? What are the consequences?
Our new guided offboarding workflow eliminates the confusion entirely. When someone leaves, you're automatically taken through the right steps based on your specific situation whether it involves time-based vesting, milestone acceleration, or exercise windows. No flowcharts to decipher, no second-guessing your decisions. Just clean, accurate actions that perfectly match your equity plan.
Reimagining equity management
These features represent more than just product updates, they're part of our broader mission to transform equity management from a necessary evil into a competitive advantage. We're automating the painful parts, going deep where it matters most, and keeping the user experience refreshingly simple.
At Cake, we believe that equity management should empower growth, not hinder it. With Scanbot, Cake People, and smarter offboarding, we're building the equity platform that you actually need – one that works with you, not against you.
This article is designed and intended to provide general information in summary form on general topics. The material may not apply to all jurisdictions. The contents do not constitute legal, financial or tax advice. The contents is not intended to be a substitute for such advice and should not be relied upon as such. If you would like to chat with a lawyer, please get in touch and we can introduce you to one of our very friendly legal partners.
