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

Eqvista vs Cake Equity

Zero of twelve models named Eqvista first on the direct prompt; zero named Cake Equity. Eqvista was named by twelve of the twelve models and Cake Equity by eleven and Eqvista carries 35 labels and Cake Equity 38, so the shares are not directly comparable.

Eqvista

accepted challenger

Named in one category this edition.

Cake Equity

accepted challenger

Named in one category this edition.

First-choice share12%7%Of first choices across the direct, paraphrase, budget and scale prompts, 0 to 100.
Negative rate0%0%Negative labels as a share of the product's labels, 0 to 100.
Rank in category#3#5A position in a field of 8; printed, not drawn.
Labels3538A count; the two differ.
The two percentage rows are drawn on one 0 to 100 track, Eqvista 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 Eqvista · Carta vs Cake Equity · Qapita vs Eqvista

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.
EqvistaFirst choices, of twelve modelsCake Equity
Direct00
Paraphrase11
Comparative00
Budget-constrained63
Scale-constrained00
Negative10
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, Eqvista and Cake Equity were named in the same answer sixty-three times, of the 94 answers naming Eqvista and the 94 naming Cake Equity. In those answers Cake Equity took the first choice ten times and Eqvista eleven.

Every model, every framing

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

The direct prompt

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

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

8 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
MiniMax M2.5Carta, Shareworks alternatives: EquityZen, Ledgy

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 four points.
Cake Equity20%#2 of 6
Eqvista16%#3 of 6
The full small business standing →
Mid-marketThe figures above
The order flips: Eqvista leads at mid-market.
Eqvista12%#3 of 8
Cake Equity7%#5 of 8
The full mid-market standing →
Enterprise
Eqvista leads by two points.
Eqvista2%#7 of 9
Cake Equity0%#9 of 9
The full enterprise standing →

What the models said about Eqvista

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

“Eqvista - G2’s #1 Equity Management Platform, provides comprehensive equity management with expert 409A valuations” Llama 4 Maverick · paraphrase prompt · first choice
“Eqvista is typically the strongest budget pick because it's inexpensive and bundles 409A valuations” DeepSeek V4 Flash · budget prompt · first choice
“I'd recommend starting with Carta Launch (free) or Eqvista (free up to 20)” Kimi K2 · budget prompt · first choice

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
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.