Cake Equity vs Pulley
A side-by-side comparison of Cake Equity and Pulley — two options for cap table & equity. Pricing, features, and honest pros and cons.
Category
Cap Table & Equity
Cap Table & Equity
Rating
4.4 / 5
4.4 / 5
Pricing
Subscription / tiered
From ~$100/mo
Best for
Early-stage companies with cross-border teams and option pools
Early-stage portcos wanting speed over incumbency
Key features
- Live cap table with scenario and dilution modeling
- Employee option plans with automated vesting and exercise
- E-signature grant issuance and legal templates
- Multi-jurisdiction support (US, AU, UK and more)
- Investor and employee equity dashboards
- Cap table and SAFE management
- Option grants and employee equity portal
- 409A valuations
- Round and dilution scenario modeling
- Pro-forma cap tables for fundraising
Pros
- Multi-country equity plans without duplicate systems
- Clear UX employees actually understand
- Aggressive pricing versus US incumbents
- Quick onboarding and responsive support
- Strong SAFE-native modeling for early-stage rounds
- Cheaper than the incumbent at comparable stages
Cons
- Lighter on late-stage complexity (tender offers, complex waterfalls)
- Smaller integration ecosystem than Carta
- Ecosystem and integrations trail Carta's
- No fund-side products — company cap tables only