Bridge funding to equity without valuation friction
Raise capital now and convert later. Track maturity dates, interest, caps, discounts, and conversions in one streamlined workspace founders and investors both trust.
4.9
Loved by 20k+ startups
Raise and convert with clarity
Clear, founder-friendly SAFE workflow built for early-stage teams
Faster fundraising
Use lawyer-approved templates you can customize instantly
Automated tracking
Monitor interest, maturity dates, and conversion triggers without spreadsheets
Smart alerts
Get notified before maturity or conversion deadlines hit
Real-time modeling
See fully diluted ownership impact as notes convert.
Investor transparency
Provide investors with their own portal for visibility
Effortless conversion
Turn notes into equity seamlessly during future rounds
See how Cake simplifies convertible notes
Get started todayFrom funding to conversion
A quick, guided flow to set up and issue Convertible Notes
Set terms
Define discount, valuation cap, interest rate, and maturity.
Attach your agreement
Use Cake's standard template or one drafted by your legal team.
Send for signing
Use fully integrated e-signature workflows.
Track and convert
Automate reminders for interest accrual, maturity, and triggers. Execute conversions automatically during qualifying funding events.
Your questions, answered
Need help? Visit the Help Center.
Which Cake plans include convertible notes?
All Cake plans support convertible note management. Lawyer-approved templates are included on Growth and above.
Can I add existing notes?
Yes. Upload current agreements and Cake will extract and map key terms into your Notes Registry.
What conversion mechanics does Cake support?
All standard terms: valuation caps, discounts, interest, maturity, and multiple trigger events with configurable logic.
Are there limits to how many notes I can create or track?
No. You can manage unlimited SAFEs, notes, and option grants on any plan.
Does Cake support both pre-money and post-money conversions?
Yes. You can toggle between methodologies for precise modeling.
Can investors see their note details?
Yes. They can track terms, maturity dates, and conversion status via MyCake portals.
Equity doesn't have to be complicated. Join Cake and see for yourself!
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