Changelog

Cake now supports board approvals directly within the platform.

Whether you're issuing new equity or ratifying existing ones, this update helps you stay compliant and ready for due diligence.

Post Termination Exercise Period (PTEP) is a critical compliance requirement for US equity grants, and is now fully integrated into Cake Equity. This lets you set clear deadlines, automate the process, and ensure nothing falls through the cracks when team members leave.

When team members leave your company, managing their equity shouldn't be a manual headache. Our new offboarding feature automates the complex process of terminating equity grants, ensuring accuracy and compliance every time.

Cake's reverse modeling tool is now live in beta! 

This feature flips the traditional cap table planning on its head. Instead of starting with your current position and modeling future rounds, you begin with your desired exit valuation and work backwards to see how much money you'll walk away with. 

We've built option exercising directly into Cake Equity—turning weeks of paperwork and coordination into a streamlined digital workflow that takes minutes.

Your team can now exercise their vested options without the usual administrative headaches. Companies maintain full control with approval workflows, while option holders get a transparent, easy process they'll actually want to use.