Cake Equity is a clean, approachable cap table and equity-management tool with a free tier for tiny teams. Equafy targets a different need: dynamic equity that tracks real contributions, plus the ability to freeze it into a fixed cap table when you raise — all on a flat price with unlimited members. Here's how they compare.
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Cake Equity is easy to get started with and offers a free tier for up to 5 stakeholders, which is genuinely useful for a brand-new team. It covers standard equity management and grants cleanly. If you never need dynamic equity and stay very small, Cake's free entry point is attractive.
Cake Equity is a static cap table. Equafy adds a dynamic equity engine — ownership earned from contributions like time, cash and IP — and a one-click freeze that converts the dynamic split into a fixed cap table when an investor arrives. That dynamic-to-static cycle is something Cake doesn't offer.
The differentiator
Equafy is the only one of the two with dynamic, contribution-based equity and a freeze to a fixed cap table.
Cake Equity is free up to 5 stakeholders, then priced per stakeholder — around $40/month (about 30 stakeholders) or roughly $1,200/year. Equafy is $19.99/month or $199.99/year per project with unlimited members, so a growing team pays the same flat price.
Cake's free tier is great for a tiny team; Equafy wins on dynamic equity, the freeze, and flat pricing as you grow.
| Equafy | Cake Equity | |
|---|---|---|
| Dynamic equity (by contribution) | Yes | No |
| Freeze dynamic → static | Yes | No |
| Free tier | — | Yes (up to 5) |
| Pricing model | Flat per project | Per stakeholder |
| Members included | Unlimited | 5 free · 30 on paid |
| Price | $19.99/mo · $199.99/yr | Free to 5 · ~$40/mo · ~$1,200/yr |
Pricing approximate as of 2026 — check each provider's site for current rates.
If you want dynamic, contribution-based equity and a freeze to a fixed cap table — with flat per-project pricing and unlimited members — Equafy is a strong alternative. If you're a very small team that just needs the basics for free, Cake's free tier is a fair option.
No. Cake Equity is a static cap table and grants tool. Equafy is the one that adds dynamic, contribution-based equity and the dynamic-to-static freeze.
Cake charges per stakeholder beyond its free tier of 5, so cost rises with the team. Equafy is a flat $199.99/year per project with unlimited members, so growth doesn't increase the bill.
Equafy adds dynamic equity and a one-click freeze to a fixed cap table, with unlimited members on a flat per-project plan.
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