Equity Management Software for CFOs and Finance Experts

How Cake Works

Everything your finance team needs.

Your deck, cap table, financials, and signed documents in a single space, shared with exactly the people who need to see them. No more chasing versions or digging through email for a signed SAFE.

Equity Compliance

Stay audit-ready all the time.

Stop reconciling the same numbers across three systems that don't talk to each other. Stock-based compensation, Form 3921 reporting, and your cap table all live in one place — a single source of truth, not three versions to double-check.

Audit-proof 409A valuations with direct access to experienced valuators.

Board-ready exports without the hassle

Dual compliance supporting both ASC 718 and IFRS 2

Audit Log

Keep your documentation transparent and compliant.

Every grant, transfer, cancellation, repricing, and SAFE conversion is logged with a timestamp and the person who made it. When due diligence comes in, pull any executed agreement in seconds — no chasing lawyers or digging through email threads.

Timestamped log of grants, transfers, cancellations

SAFE and note events tracked from issue to conversion

Every signed document stored against the right stakeholder, ready to export

Cap table management

Give founders the confidence to manage their equity.

Co-founders and execs don't need a finance background to get real clarity on their own equity. Cake's intuitive platform means they can log on and understand what they own, too.

"In the old days, it's always me telling the founders about the cap table, me helping them through it. With Cake, there's a big difference. The founders, with very little financial background, now log on to the platform and can manage their cap table themselves."

— TOM H, Founder & CFO

The Cake Way

Save money without sacrificing feature depth.

Companies that move from Carta to Cake save an average of 48% with the same compliance depth, not a stripped-down alternative.

No enterprise bloat or unused add-ons inflating your bill

Pricing you can defend and your founder won't regret

"After working with Carta, we were facing an annual cost of $16,000. The cost was just not making any sense for us. You guys were able to offer something that was affordable for us."

— JANA G, Controller

Capital raise tools built-in the cap table software

Cake for finance

The finance expert's equity tech stack.

Equity management tools built to speed up data gathering, automate manual work, and stay on top of compliance, regardless of your company's stage of growth.

Audit log

Every change to the cap table, timestamped and kept on the record, always.

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409A Valuation

Obtain 409A Valuation easily with data generated right out of your cap table.

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Equity grants

Issue equity grants, manage contracts, and keep all documents and transactions in one place.

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ASC 718

Generate stock-based compensation reports instantly, whenever you need it.

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Scenario modeling

Model scenarios, dilution, SAFE conversions, and help founders make informed decisions.

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Compliance

Form 3921, 83(b), QSBS, Rule 701 — all live inside your cap table for easy download and reporting.

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Shareholder reporting

Generate reports for shareholders and investors, and give them real-time portfolio access.

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Data room

Every raise document in one data room with user access control.

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What CFOs and finance experts say about Cake.

"It is very intuitive and user-friendly platform with a responsive customer support team."

We use Cake Equity to manage all aspects of our fundraising and equity, including Series financings, convertible notes, and stock options. It is a very intuitive and user-friendly platform with a responsive customer support team that actively incorporates customer feedback.

Jana G

Controller,
Vaporox

"We saved money with a better product!"

I've been a Carta guy for the last 12 years. However, we wanted more value for our money. So we tried Cake and, the delightful surprise was it was a better product. We saved money with a better product.

Tom H

Founder & CFO
CXO Strategies

"Couldn't recommend Cake more!"

We were looking for a solution to assist with tracking and maintaining a share register and also provide visuals of the cap table, company valuations over time, share prices, etc.. We were thrilled to find that Cake provided all of it and more. We then watched as the Cake team continued to build new features which we made use of. We've never needed to reach out to customer support in this time as we have found the portal quite intuitive. We also find that we access Cake and manage the portfolio at least once per week especially the "communications" module to send shareholder updates.

Sylph Hawkins

CFO
TreeCoin

"I save a lot of time using the platform. I have found Cake's customer service to be excellent."

I find the platform easy to use and it provides a good audit trail for transactions. The options were simple to commence and adjust to suit our needs. The offer letters and communication channels with employees are simple to use and keeps everything in one place. I save a lot of time using the platform, as opposed to maintaining an in-house register. The platform also extends to shareholders, which is important in our business. I have found Cake's customer service to be excellent.

Russell B

CFO
Poolwerx

"Far more user friendly than Carta!"

I use it everyday and is game changing. Whether it's issuing options to the team, paying suppliers with SAFE notes or looking after share transfers. What takes minutes with Cake would take months if had to do it the traditional way. Cake provides transparency to all stakeholders so they can see in real-time what their equity is worth, how much they own and access to company announcements. Through its contract engine it also makes signing documents a breeze.

Jamie D

CFO & Director
Yappy Group

I use Cake Equity for managing our cap table and ESOP, and it helps by aggregating relevant info, simplifying investor profiles, and providing scenario analysis."

I appreciate that it aggregates relevant information in one place and presents a visually simple profile of our investor base. I like having template documents to ensure consistency and the scenario analysis feature.

Nick Bishop

CFO
PlasmaLeap

More love from Cake users

Know more about why fast-growing startups love Cake!

Frequently Asked Questions

Your questions, answered.

Answering common questions from CFOs and finance leaders.

Does Cake handle Form 3921 for ISO exercises?

Yes. Cake auto-generates Copy B and Copy C of Form 3921 for every employee who exercised ISOs during the year, and your company prepares Copy A straight from a CSV export off the cap table. Available on Cake's Pro plan, for US companies, for ISO exercises specifically.

We're on Carta and the price keeps climbing. Is Cake actually cheaper?

Companies that switch from Carta to Cake save an average of 48%, with feature parity held equal. It's not a stripped-down alternative — it's the same depth, at a price your finance team can defend.

What does migration actually involve if I'm advising a client on switching off Carta?

An export to CSV is all we need from you. Cake's team loads the cap table, reconciles every row, and reviews it for accuracy before anything goes live — free, in 1-2 business days for most Carta migrations. Nothing switches until it's confirmed correct.

Does Cake support QSBS documentation?

Yes, as an add-on. Cake tracks issuance data relevant to Section 1202 analysis and generates attestation letters for shareholders. It's a documentation and organization tool, not a substitute for your own legal or tax review of eligibility.

Does Cake support ASC 718 stock-based compensation reporting?

Yes. Dual compliance supporting both ASC 718 and IFRS 2 is built directly into your cap table, so your finance team isn't running a parallel spreadsheet to get audit-ready numbers.

The cap table built for CFOs and finance experts.

Everything your finance team needs.

Stay audit-ready all the time.

Keep your documentation transparent and compliant.

Give founders the confidence to manage their equity.

Save money without sacrificing feature depth.

The finance expert's equity tech stack.

What CFOs and finance experts say about Cake.

More love from Cake users

Your questions, answered.

Does Cake handle Form 3921 for ISO exercises?

We're on Carta and the price keeps climbing. Is Cake actually cheaper?

What does migration actually involve if I'm advising a client on switching off Carta?

Does Cake support QSBS documentation?

Does Cake support ASC 718 stock-based compensation reporting?

Clean cap table.

Confident raise.

Motivated team.