The most loved Carta alternative

Join smart startups saving thousands on cap table and equity management. Same powerful cap table features. Better, transparent pricing. Free and full migration in 3 days.
MacBook mockup
vs. Carta's rating 8.2/10
vs. Carta's rating 7.9-8.6/10
vs. Carta's rating 7.9/10
*Based on G2's Spring Report 2026
10K+
Companies have joined Cake
4.8/5
Cake's G2 rating compared to Carta's 4.4/5
48%
Average savings of users who moved from Carta to Cake*

Better product. Lower price. Carta switchers agree.

From early-stage savings to 409A clarity. Here's why founders moved from Carta to Cake.

Save money with a better product

Most founders expect a trade-off when they switch to save money. Cake breaks it. The platform is easier to use, better supported, higher rated on G2, and it costs significantly less than Carta. You don't have to choose.
"We tried Cake and the delightful surprise was it was a better product. We saved money with a better product."
Tom Hakel
CFO, CXO Strategies
🇺🇸 Los Angeles

Right-sized equity software, finally

Early-stage founders shouldn't be locked into enterprise software pricing. Cake scales with you — starting at $1,000/yr with everything you actually need to manage equity from day one.
"We were paying a premium for Carta without really using the platform much. It felt like an expensive, oversized solution for what we actually needed."
Hope Horner
CEO, Lemonlight
🇺🇸 Los Angeles

Same cap table features. Half the cost.

Teams switching from Carta save an average of 48%. Not because Cake does less — because Cake doesn't charge enterprise rates to growing startups. When the product is better and cheaper, the decision's simple.
Cake was significantly cheaper than Carta. So when it's basically ahead on all those features, it was a no-brainer decision.
DAVE CHRISTIANSON
Legal Counsel, Tracksuit, Series B
🇺🇸 Global team with US Operations

Pay less. Get more. The math is simple.

Free

$0
5 Stakeholders
Get started for free
Up to 5 stakeholders

Build

$1,000
Per year or $375 per quarter.
Manage your cap table and convertibles
25 stakeholders + $60 hd/year
Add-on 409A for $1500

Team

$2,750
Per year. Annual only.
Manage your cap table, convertibles, and incentives
40 stakeholders + $60 hd/year
409A Valuation included

Pro

Custom
Enterprise & Global.
Unlimited stakeholders
409A Valuation included
See Cake's full pricing
Cake
Carta
Cap table + 409A
$2,750/year
$6,000–$15,000+ / yr
409A Valuation add on
$1500 add on when you need it
$3,000 + separate service
G2 overall rating
4.8/5
4.4/5
G2 support rating
9.8/10
8.2/10
Migration
FREE — 3-5 days
Charged separately

Join hundreds of startups saving thousands by switching to Cake

Get started today

See why growing startups are switching to Cake

Don't take it from us. Take it from them.

"We were paying a premium for Carta without really using the platform much. It felt like an expensive, oversized solution for what we actually needed."

Hope Horner
Co-founder & CEO
Read story

"I was a former Carta user. Happy to have left them! It has been seamless, and even the few times we needed support, Cake is there for us! Customer success is great and we feel supported throughout."

Joe Gagnon
Co-founder & CEO
Read story

Switching is easier than you think

We'll migrate your entire cap table in 3 days. For free.

No data loss. No re-signing. No downtime. Our customer success team handles everything in 3 days, not weeks.

"I was nervous. There's a lot of financial data, a lot of individual names, and the transition to your platform was seamless. I think I was told 48 hours, but it seemed like in two hours it was all done and complete. And I saw the complete cap table on the dashboard right away."
SONNY THADANI
Founder and CEO of Robin

Same cap table and equity management features at a fraction of the cost

From first hire to IPO, we scale with you.

  • Cap table management and employee grants from day one
  • NSO, ISO, RSUs, RSAs, many equity types supported
  • Add on 409A Valuation when you need them
  • Include ASC 718 and 3921 reporting as you go
  • Add-on QSBS attestation when you need
  • SPV management available for complex structures
  • Advanced scenario modeling for your series B and beyond
  • Global compliance tools for international expansion
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Frequently Asked Questions

*How much will I save if I switch from Carta to Cake?

Average saving across recent customers who moved from Carta is 48%. Savings compare written competitor quotes (or prices stated during the purchase process) with the annual price paid at Cake.

Will you help me migrate my data across for free?

Cake will complete your onboarding for you within 3 days. Onboarding to Cake is free as part of your Cake subscription. Learn more.

How long will it take to migrate data from Carta to Cake?

Most onboardings are fully completed within 3 days. Cake by default, will onboard your historical cap table, ensuring no loss of data or transaction history. We prioritize Carta-to-Cake migrations to ensure a smooth experience for you. Learn more.

Do I need a transfer agent to offboard from Carta?

As a private company, you are not required to have a transfer agent unless you are about to IPO or you meet the following criteria:

1. Assets exceeding $10 million, and
2. You have either 2,000+ shareholders or 500+ shareholders who are not accredited investors

If you still prefer to set up a formal transfer agent, we can introduce to you our transfer agent partner who can utilize the Cake platform as your source of truth.

Read this to know more.

Do my shareholders/option holders have to re-sign any agreements and will I lose the digital share certificates from Carta?

No. Your shareholders or option holders do not need to re-sign any agreements and as part of the onboarding process to Cake, digital share certificates are cancelled within Carta and recreated within Cake.

What is the migration experience from the stakeholder perspective?

The experience is smooth and seamless. The final stage of onboarding involves you sending invitations and communications to your current investors and employees explaining the switch from Carta to Cake and inviting them to login to their new MyCake portal to view their holdings, documents and communications.

Are there any hidden fees or extra costs?

No, your pricing quote will include your Cake subscription, onboarding and ongoing support.

What kind of Customer Support does Cake provide post-onboarding?

Your Cake Customer Success team will provide the most comprehensive support and service post-onboarding. The team provides 16 hours of service each day and is available via in-app chat, email or as is our preference, you can jump on a quick Power Up video call to resolve any questions.

Does Cake have a trial period?

Cake does not offer a trial period, however once you complete a demo with Britt, she can give you access to a demo account to familiarize yourself with the Cake platform.

Switching from Carta? Talk to Britt!

Getting a renewal shock from Carta? I've helped dozens of companies switch to Cake and save an average of 30-50%. Let me give you a custom quote in just 10 minutes.
Schedule a quick callLearn moreLearn more

Migrating from Carta is a piece of cake!

We handle everything. You don't lift a finger.
We will handle the transfer of your existing cap table from Carta at no additional cost. Once the upload is done, our Customer Success team will schedule a quick 'Power Up' call with you to ensure a smooth transition and run through everything in more detail. Migration complete! It's that simple!
Book a demo

What Carta switchers are saying

"I previously used Carta, and as market leaders, they seem to have gotten a bit complacent."
Cake Equity feels like the next generation—much more dynamic and attentive to user needs.
Christoph Dressel
CEO,
Mimo.fit
"I was a former Carta user. Happy to have left them."
Keep doing what you are doing! I was a former Carta user. Happy to have left them.
Joe Gagnon
Founder & CEO,
Raynmaker.ai
"Better Carta with real customer support. Very happy I switched!"
Better, cheaper Carta with real customer support. Simple, easier usability. Great support. Very happy I switched!
Griffin Hermes
Principal,
Pegasus Angel Accelerator
"Far more user friendly than Carta!"
Emphasis on the user experience for shareholders! Far more user friendly than Carta. I also enjoy the company updates that are pushed to all shareholders.
Ron Pragides
VP of Engineering,
Blackhawk Network
"The system is easier to use than Carta."
My onboarding process was personalized, fast, and supportive. The system is easier to use than Carta. Implementation was fast and easy. It has all of the features that I need.
Ray Thompson
Head of Operations,
Gloo