Most cap tables can be migrated from Carta to Cake in as fast as 48 hours, but timing depends on how complex yours is and what's in the queue. Cake manages the process end-to-end: you export your data, Cake's team reconciles every row, and you verify the result before going live. Migration is free, with no additional fees on top of your Cake subscription.
The timeline covers the full process from export to activation. Most of that time goes into a proper row-by-row reconciliation, plus a review step so you can check everything before your account goes live.
Step 1: You export your cap table data from your current platform and send it to Cake's team. Carta and Pulley both have export functions for this. The export itself takes minutes. Next, Cake's team reconciles every row against your source data. This includes share issuances, option grants, vesting schedules, SAFEs, and 409A history. If something does not match, the team flags it and resolves it. You may be asked to clarify a specific record during this stage.
Step 2: You receive the completed cap table for review. You confirm that every record is accurate before activation. Nothing goes live without your sign-off. Once you confirm, your account is activated.
Timing depends on how complex your cap table is and what's in the queue. Structures with multiple share classes, many convertible instruments, or historical discrepancies can take longer. We'll tell you where you sit once we've seen your data, and if you're approaching a renewal deadline, let us know and we can prioritize.
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.
