Build your equity right from day one.
2 SAFEs converted
All on record
✓
Grant signed
2 SAFEs converted
All on record
✓
Grant signed
Benchmark offers, send grants to sign online, show every hire what they own.
Every change, approval and signed document is tied to the cap table, so diligence moves faster.
Every instrument and compliance, from your first SAFE to your most complex round. No more switching.
Model the round, put every grant on paper, and keep investors in the loop.
Set up founder shares, share classes and 83(b) elections in one place, so who owns what is settled before the first investor or hire asks.
Record pre- and post-money SAFEs and convertible notes as they come in. When a priced round arrives, cake. converts them and shows what founders keep.
Set up an option plan, get board approval and send grants people sign online. Benchmarks help you size first offers with confidence.
Plug in the round size, valuation and pool top-up your investors ask for, then compare the post-round cap table with today's.
You're getting your cap table out of the spreadsheet and your SAFEs on record.
You're raising your first round and granting equity to your first hires.
You're issuing equity grants and want employees to understand what they own.
Yes. The free plan covers up to 5 stakeholders with no credit card and no expiry. If your cap table is bigger, you can still bring it in, migrate for free, and view your cap table in Cake for free before you start paying.
Yes. Upload it yourself with our template, or send it to our team and we'll build it for you at no cost, usually within a few days. We walk through it with you before you go live.
Both, plus convertible notes. When you raise a priced round, cake. converts them based on their terms and your round inputs, so you can see founder ownership before you sign.
Before you grant options, so the strike price holds up with the IRS. Team includes two 409As a year from our integrated valuators. On Build you can add one when you need it.
Nothing breaks. You stay on the same account and the same cap table, and move up to Team when you're running an active option plan. There is no second migration.