Who can access my cap table and can I control permissions?

Four permission levels exist: View Only, Edit, Admin, and Account Owner. Only Account Owners can invite users, remove access, and manage permission levels.

The cap table for growing startups

Founder-first, employee-centric, investor-ready. Manage your cap table, issue equity, all in one place.

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5-star Rating

Ranked #1 on G2 for ease of use and customer satisfaction

Trusted by investors, attorneys, and startup experts

"The cap table we have in Cake is our single source of truth. It's a tool that we use on a day-to-day basis."

"At Vow, every employee receives an option grant, and Cake becomes a very easy one-stop shop where we can go and because we have the day-to-day processes in place, then we can very easily go and download what the cap table looks like. The cap table that we have in Cake is our source of truth. It's the tool we use on a day-to-day basis." — ELLEN DINSMOOR, COO at Vow

Everything you need in a cap table software

Gets you started now

Create, track, and transfer shares with a few clicks. No finance degree required.

Grows with you

From basic share tracking to detailed reporting, we've got you covered at every stage.

Delights investors

Give them private access to their holdings, updates and docs. No more back-and-forth emails.

Powerful features that simplify cap table management

Your cap table should be a strategic asset, not a spreadsheet headache. Cake's cap table software transforms equity management into a clear, collaborative process that supports your company at every stage.

10x your productivity with an intuitive cap table software

Cake turns your cap table to a powerful asset to help you effectively raise funds, save money and hours of back and forth with lawyers, and 10x your productivity.

Save time. Automate tedious cap table math and document generation that would otherwise consume hours of your week.

Reduce errors. Eliminate the risk of errors and version-control issues that plague spreadsheet-based cap table.

Improve investor relations. Give investors the transparency they want with professional reports and real time access options.

Scale smoothly. Built to scale as your company grows, from first round and beyond.

Make the most out of your equity with cap table best practices

We’ve worked with thousands of founders, VCs, and lawyers globally to build a platform that makes it easy for startups around the world to leverage the power of equity.

Maintain compliance globally

Access our global network of startup equity experts and legal partners

Effortless migration, done for you.

Cake takes the hassle out of migrating your cap table from another platform. Our intuitive software and our onboarding team ensures a seamless transition, for FREE.

FREE migration

Personalized support

Transparent pricing

Switch to Cake View pricing

Day 1

Drop your docs

Upload your cap table, SAFEs, grants, and any existing equity documents to Cake.

‍Simple cap table? DIY and your cap table is live in minutes! Migrating from Carta or managing complex equity structures? We handle the migration for you.

Day 1-2

Sit back and relax

We verify every row and flag what doesn't look right

Day 3

Review and power-up call

A 30-min walkthrough with your dedicated onboarding lead.

Day 4+

Go live with confidence

Invite your team and investors. We stay on standby.

Frequently asked questions about cap table management

Need help? Visit the Help center

How long does it take to set up a cap table in Cake?

You can get started in minutes for free. If you're migrating from an existing platform, Cake's onboarding team handles the transfer for you. The full process typically takes less than one week at no cost, and is available on any paid plan.

Can I migrate my existing cap table to Cake?

Yes. Cake offers free migration from any platform, including Carta and spreadsheets. If you have a simple cap table, you can upload it yourself and go live within minutes. If you're migrating from another platform or you have a complex equity structure, Cake's team migrates your cap table for you in 2-3 business days. You finish with a power-up call to review the setup.

What equity instruments does Cake support?

Cake supports common and preferred shares, stock options (ISO and NSO), restricted stocks (RSU and RSA), SAFEs, convertible notes, and warrants, all tracked in a single cap table.

Can I control who gets to access my cap table?

Yes. Cake has four permission levels: View Only (read access), Edit (can make changes), Admin (full edit plus billing access), and Account Owner (full control including user management). Only Account Owners can invite or remove users and change permission levels.

Does Cake scale as my company grows?

Yes. Cake is designed to scale from basic share tracking at pre-seed through to complex multi-round structures at Series C and beyond. Handling scenario modeling, compliance reporting, and investor communications as your cap table grows.

Perception vs. reality

A few things people get wrong about Cake, and what's actually true.

Is Cake built for US startups?

Yes, Cake is built for the US market, with an LA-based team, and trusted by US-based founders, VCs, and startup attorneys.

The platform covers every equity type US startups issue: stock options (ISO and NSO), restricted stocks (RSUs and RSAs), SAFEs, and warrants. US compliance is native: 409A valuations, Form 3921, 83(b) elections, ASC 718 stock-based compensation reporting, Rule 701, QSBS.

If you've seen Cake described as mostly Australian or international product, that's a misconception worth correcting. US equity management is what Cake does.

Is Cake only for early-stage startups?

No. Cake is built for startups that are growing, not just getting started.

Cake's cap table handles everything from a founding team raising on SAFEs to a company with a full option pool, investor base, and growing headcount. The platform handles the full US compliance layer: audit prep, board-ready reporting, and stock-based compensation reporting, as teams and investor bases grow.

On G2, Cake has three times the share of mid-market customers (51-1,000 employees) compared to Pulley. You'll find some review sites and blogs describe Cake as best suited for the earliest stages—the data says otherwise.

What's the difference between Carta and Cake?

Growing startups look for Carta alternatives because they were paying for infrastructure they didn't need.

Cake is built for founders. The same compliance depth: cap table, 409A, ESOP, audit trail, minus the bloat, the ticket queues, or the UI designed for fund admins. Equally important, we care about providing human support when you need it.

Carta switchers save an average of 48% with Cake. But that's not why they switch. Price is the catalyst. The product is the reason they stay. On G2 Winter 2026 report, Cake ranks ahead of Carta on every index.

Dave Christianson, Legal Counsel at Tracksuit, said it after switching:

‍"Cost wasn't the primary driver for us. But Cake was significantly cheaper than Carta. So when it's basically ahead on all those features, it was a no-brainer decision for us to choose to move to Cake."

How long does it take to migrate your cap table to Cake?

Minutes if your cap table is straightforward and you want to do it yourself. Three to five business days if it's more complex, you're migrating from Carta, or you'd rather Cake handle it.

Either way, it's free, there's a tool built for it, and the team is there when you need them. Every row is reconciled and reviewed before anything goes live. Nothing switches until you've confirmed it's right.

Is Cake ready for a Series A audit?

Yes. Cake is built with the audit trail and compliance reporting that finance teams and auditors expect.

Every transaction is logged, timestamped, and exportable from day one: option grants, vesting schedules, NSO/ISO splits, 409A history, and SAFEs. ASC 718 reporting is built in. Cap table records export in standard formats for auditors and legal review, with no manual reconciliation needed.

The audit trail isn't something you set up when the audit arrives. It runs from the moment you set up your cap table on Cake. Companies that start early arrive at their audit with clean and verifiable records, not a spreadsheet to untangle.

Why do VCs and attorneys recommend Cake?

Cake is recommended by 100+ VCs, attorneys, and accelerators.

VCs point their portfolio companies to Cake because they've seen it work. Founders actually use it, the records are clean when it matters, and it doesn't create problems down the line at due diligence or a raise. Attorneys recommend it to clients because compliance is built in from day one and the records are something they can rely on without having to fix them first.

Cake is recommended by 100+ VCs, attorneys, and accelerators.

Clay Gordon, Managing Partner at Stout Street Capital: "Cake is easy to use, friendly team, supportive of portfolio companies."

Matt Secrist, Attorney at Taft Law: "As a US attorney, our partnership with Cake has been invaluable in guiding clients through cap tables and equity incentive plans seamlessly."