Finance AI Index
Index Equity and corporate Cap table management › Cake Equity vs Shareworks
Cap table management · September 2026 Edition

Cake Equity vs Shareworks

Zero of twelve models named Cake Equity first on the direct prompt; one named Shareworks. Cake Equity was named by eleven of the twelve models and Shareworks by ten and Cake Equity carries 38 labels and Shareworks 26, so the shares are not directly comparable.

Cake Equity

accepted challenger

Named in one category this edition.

Shareworks

criticized challenger

Named in one category this edition.

First-choice share7%3%Of first choices across the direct, paraphrase, budget and scale prompts, 0 to 100.
Negative rate0%27%Negative labels as a share of the product's labels, 0 to 100.
Rank in category#5#7A position in a field of 8; printed, not drawn.
Labels3826A count; the two differ.
The two percentage rows are drawn on one 0 to 100 track, Cake Equity reading right to left. Rank and label count are printed, not drawn.Carta was named alongside these two in eleven of the twelve direct answers. Carta vs Cake Equity · Carta vs Shareworks · Qapita vs Cake Equity

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.

By framing

How many of the twelve models made each the first choice, per way of asking, and how many argued against it.
Cake EquityFirst choices, of twelve modelsShareworks
Direct01
Paraphrase102 against Shareworks
Comparative00
Budget-constrained301 against Shareworks
Scale-constrained011 against Shareworks
Negative003 against Shareworks
Bars are first choices, 0 to 12 each sideModels that argued againstA model can name both, so the two sides of a row do not sum to twelve.

Across every category in the September 2026 Edition, Cake Equity and Shareworks were named in the same answer thirty-one times, of the 94 answers naming Cake Equity and the 89 naming Shareworks. In those answers Shareworks took the first choice three times and Cake Equity one.

Every model, every framing

The seventy-two answers behind the chart above, one cell each: where Cake Equity and Shareworks stood in it.
ModelDirectParaphraseComparativeBudget-constrainedScale-constrainedNegative
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
Cake Equity Shareworks first choice named as an alternative argued againstblank: not namedEach cell is one answer, Cake Equity on the left and Shareworks on the right.

The direct prompt

The plain question, one answer per model, grouped by where Cake Equity and Shareworks stood in it.

Shareworks first, Cake Equity not the choice

1 of 12 modelsCake Equity was named in the answer but not as the choice, or not at all.
MiniMax M2.5Carta, Shareworks alternatives: EquityZen, Ledgy

Neither was the first choice, one was named

4 of 12 modelsThe answer put something else first and named one of the two as an alternative.
Claude Haiku 4.5Carta alternatives: Cake Equity, Pulley, Qapita
GPT-5.4 miniCarta alternatives: Eqvista, Ledgy, Shareworks
Kimi K2Carta alternatives: Cake Equity, Eqvista, Ledgy, Pulley
GLM 4.7 FlashXQapita alternatives: Cake Equity, Capshare, Mantle, Pulley

Neither was named

7 of 12 modelsThe answer made no first choice from these two in this category.
Gemini 3.5 FlashCarta alternatives: ClosingWell, Ledgy, Pulley, Qapita
Perplexity SonarCarta alternatives: Qapita
Grok 4.1 FastCarta alternatives: Ledgy, Pulley
Mistral SmallCarta, Qapita
DeepSeek V4 FlashCarta, Qapita alternatives: Ledgy
Llama 4 MaverickCarta, Pulley, Qapita
Qwen 3.7 FlashCarta alternatives: Pulley, Qapita

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.

By buyer segment

The same question asked on behalf of a different buyer. Each standing is computed within its segment and they are never added together. The figures above are the mid-market standing, which is the one the category orders by.
Small business
Cake Equity leads by twenty points.
Cake Equity20%#2 of 6
Shareworks0%#– of 6
The full small business standing →
Mid-marketThe figures above
Cake Equity leads by three points.
Cake Equity7%#5 of 8
Shareworks3%#7 of 8
The full mid-market standing →
Enterprise
The order flips: Shareworks leads at enterprise.
Shareworks20%#2 of 9
Cake Equity0%#9 of 9
The full enterprise standing →

What the models said about Cake Equity

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

What the models said about Shareworks

Every negative label with a quote, up to three, then the highest-weighted positives, up to three. Six of eight in this category shown.

“treat any enterprise-level platform (Shareworks, Morgan Stanley) as a contract trap for early-stage companies” DeepSeek V4 Flash · negative prompt · hard negative
“and Shareworks, which are overkill and overpriced for a budget-conscious company” DeepSeek V4 Flash · budget prompt · hard negative
“### 3. The One to Skip (with a caveat): Shareworks by Morgan Stanley” DeepSeek V4 Flash · paraphrase prompt · hard negative
“Carta or Shareworks are typically the most balanced choices” MiniMax M2.5 · direct prompt · first choice
“Strong for your profile, but quote-only pricing” DeepSeek V4 Flash · scale prompt · first choice
“The gold standard if your company is actively planning an IPO within the next 12 to 24 months... generally considered heavy and slow” Gemini 3.5 Flash · scale prompt · alternative
Also compared

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.