Zero of twelve models named Cake Equity first on the direct prompt; zero named Ledgy. Cake Equity was named by eleven of the twelve models and Ledgy by twelve and Cake Equity carries 38 labels and Ledgy 36, so the shares are not directly comparable.
Named in one category this edition.
Named in two categories this edition.
Share is the count of first choices across the direct, paraphrase, budget and scale prompts over all twelve models, for a mid-market B2B company; rank is within the category; every quote names the model and the prompt it came from. Both figures come from the cap table management page.
Across every category in the September 2026 Edition, Cake Equity and Ledgy were named in the same answer fifty-three times, of the 94 answers naming Cake Equity and the 104 naming Ledgy. In those answers Ledgy took the first choice one time and Cake Equity eleven.
| Model | Direct | Paraphrase | Comparative | Budget-constrained | Scale-constrained | Negative |
|---|---|---|---|---|---|---|
| Claude Haiku 4.5 | ||||||
| GPT-5.4 mini | ||||||
| Gemini 3.5 Flash | ||||||
| Perplexity Sonar | ||||||
| Grok 4.1 Fast | ||||||
| Mistral Small | ||||||
| DeepSeek V4 Flash | ||||||
| Llama 4 Maverick | ||||||
| Qwen 3.7 Flash | ||||||
| Kimi K2 | ||||||
| GLM 4.7 FlashX | ||||||
| MiniMax M2.5 |
Bold names in an answer are the products the judge labeled a first choice; a model naming several gives each of them that label. The full answer text for every row is in the record.
Every negative label with a quote, up to three, then the highest-weighted positives, up to three. Three of four in this category shown.
“Qapita (for its global, audit‑ready, mid‑market focus) and Cake Equity (for intuitive UX and transparent pricing) are both strong starting points” GLM 4.7 FlashX · paraphrase prompt · first choice
“The best cap table management software for a company with a limited budget is Cake Equity, which offers a free starting point” Llama 4 Maverick · budget prompt · first choice
“the best cap table management software is usually Cake Equity if you want a free starter tier” Perplexity Sonar · budget prompt · first choice
Every negative label with a quote, up to three, then the highest-weighted positives, up to three. Five of six in this category shown.
“Avoid for tight budgets: ... Ledgy (€900/year+)” Grok 4.1 Fast · budget prompt · hard negative
“many reviews note that its scenario modeling lacks depth for complex liquidation preferences” DeepSeek V4 Flash · negative prompt · soft negative
“I'd suggest Carta if you're in the US or Ledgy if you're international/European” MiniMax M2.5 · paraphrase prompt · first choice
“Shortlist 3 (e.g., Carta, Pulley, Ledgy) based on your geography/ESOP needs.” Grok 4.1 Fast · scale prompt · first choice
“If your company is headquartered in Europe, the UK, or APAC, these platforms are highly competitive” Gemini 3.5 Flash · scale prompt · alternative
Comparisons are drawn for the top eight products in each category, each against each. The output is the models' output; nothing here is a recommendation by the index.