Build your equity right from day one.

Set up your cap table, SAFEs and first option grants properly from the start. Cake puts your early decisions on record, so every round and every hire after has a solid foundation to build on.

2 SAFEs converted

All on record

Seed round · $3M at $15M post

Founders keep 62%

✓

Grant signed

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Build with confidence

From your first hire to your next round.

Early equity choices follow you into every hire and every round. Get them on record properly the first time.

Hire the right people to build with.

Benchmark offers, send grants to sign online, show every hire what they own.

Records your investors trust.

Every change, approval and signed document is tied to the cap table, so diligence moves faster.

One cap table, built for the long haul.

Every instrument and compliance, from your first SAFE to your most complex round. No more switching.

Inside Cake

Your equity milestones, handled.

Model the round, put every grant on paper, and keep investors in the loop.

Put founder ownership on record.

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.

Founder shares and share classes on one cap table
83(b) elections built in
A history of every change
Cap table · Founder shares
Common stock
Maya Chen · CEO
4,500,000 · 45%
Daniel Ortiz · CTO
4,500,000 · 45%
Option pool
1,000,000 · 10%
83(b) elections
Filed
Example data

Track every SAFE and note.

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.

Pre- and post-money SAFE conversion
Convertible notes on the same cap table
Founder ownership shown before you sign
SAFE tracker
3 open
Angel group · post-money SAFE
$250,000 · $5M cap
Pre-seed fund · post-money SAFE
$500,000 · $8M cap
Advisor · convertible note
$100,000 · 20% discount
Founders after conversion
About 79%
Example data

Make your first grants official.

Set up an option plan, get board approval and send grants people sign online. Benchmarks help you size first offers with confidence.

Board approval flow for every grant
Built-in e-signing
Equity benchmarking for first offers
Grant · Priya Shah, Founding engineer
Awaiting signature
Board consent
Approved Sep 12
Options
20,000 ISOs
Vesting
4 years, 1-year cliff
Benchmark
Within range for role
Example data

See the round before you sign.

Plug in the round size, valuation and pool top-up your investors ask for, then compare the post-round cap table with today's.

Pool top-up modeled before the round
Compare term sheets side by side
Dilution shown for founders and SAFE holders
Seed round model
Scenario
Today
Fully diluted
After $3M seed at $15M post
Fully diluted
Founders
SAFE holders
New investors
Option pool
Example data
Plans

Choose the plan that fits where you are.

Founder-friendly pricing that keeps pace with your runway as you build.
Recommended

Free

You're getting your cap table out of the spreadsheet and your SAFEs on record.

Up to 5 stakeholders
Start free
Recommended

Team

You're issuing equity grants and want employees to understand what they own.

40 stakeholders included
Start with Team
Recommended

Pro

Finance needs audit-ready reporting and controls behind the numbers.

100 stakeholders included
Book a demo
Questions founders ask

Questions startup founders ask

Is Cake free to start?

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.

Can I move my cap table over from a spreadsheet?

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.

Does Cake handle pre-money and post-money SAFEs?

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.

When do I need a 409A valuation?

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.

What happens when we raise our Series A?

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.

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