Cake Equity vs Eqvista

Cake Equity and Eqvista both land on Worth it.

Cake Equity

Worth it

Confidence: Medium

Buy if you're a seed-to-Series-B startup needing cap tables, options and 409As without Carta's price tag.

Worth it

Confidence: Medium

Buy if you're a startup needing a cap table plus 409A valuations and want Carta-class features for less.

Cake Equity versus Eqvista
Compare	Cake Equity	Eqvista
Verdict	Worth it	Worth it
Best for	Seed-Series B startups issuing stock options	VC-backed startups tracking option pools
Who it's not for	Two founders with a plain spreadsheet . any cap table tool is overkill pre-employees	Solo founders with no equity issued
Privacy	No known public vulnerabilities found in the sources reviewed.^⁴	No known public vulnerabilities found in the sources reviewed.
Support quality	G2 reviews praise support; partners cite responsiveness	Admits high inquiry volume; slowdowns likely
Public sentiment	Users praise simple onboarding, clean UI and responsive support, while a minority complain about frequent interface changes.^¹	Review snippets are mostly truncated, but available ones praise 409A value and quick turnaround.¹¹
Biggest gotcha	No tool, Cake included, substitutes for a lawyer-signed vesting agreement^⁶	Post-Pulley surge may stretch the promised 3-5 day migration

Two founders with a plain spreadsheet . any cap table tool is overkill pre-employees
Public companies needing full enterprise equity admin (Carta/Shareworks territory)
Teams wanting open-source control of cap table data
Buyers who need hands-off accuracy . Cake won't fix a missing vesting agreement