Connect your startup team to the value of their stock options, in real time. Issue and manage legally built and fully compliant contracts and agreements to your investors, advisors, and employees in your country, or globally, in a matter of seconds.
Cap table and employee equity plans can be complex and painful for startups, particularly as you scale your team. Cake helps you handle your startup equity in a few clicks.
"It's a really awesome tool for managing all of our cap table admin. I co-founded Shoes of Prey 15 years ago and we had to do all this stuff manually. It was time-consuming and painful to do. For Fable we use Cake Equity and genuinely love the product. It just simplifies all of this so much."
"The cap table that we have in Cake is our source of truth. That's the 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."
"Tracking equity for startups is very complex. Cake's tools make it easier. This is helpful for employers and employees, plus a lot cheaper than using lawyers and easier than using spreadsheets."
"We spent thousands and thousands of dollars on lawyers to keep all this information current in the last system and that was just on top of how much it already costs for just the subscription of the last system. It's so much easier to do it on Cake."
"We’re trying to issue options out to 150 people every year, we had that through spreadsheets and a Word document merged into PDFs. And then trying to get people's signatures and just all of the admin around that -- who's signed, who hasn't signed, trying to keep track. With Cake, all that confusion is a thing of the past."
Cake makes equity easy to understand, fun and inspiring for your team, through a Portfolio view & vesting notifications. You manage what your team can see. Ensuring your team values their equity and doesn't leave it in a drawer.