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

Qapita vs Cake Equity

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

Qapita

accepted challenger

Named in one category this edition.

Cake Equity

accepted challenger

Named in one category this edition.

First-choice share14%7%Of first choices across the direct, paraphrase, budget and scale prompts, 0 to 100.
Negative rate4%0%Negative labels as a share of the product's labels, 0 to 100.
Rank in category#2#5A position in a field of 8; printed, not drawn.
Labels2638A count; the two differ.
The two percentage rows are drawn on one 0 to 100 track, Qapita 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 Qapita · 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.
QapitaFirst choices, of twelve modelsCake Equity
Direct40
Paraphrase311 against Qapita
Comparative00
Budget-constrained03
Scale-constrained10
Negative00
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, Qapita and Cake Equity were named in the same answer twenty-eight times, of the 67 answers naming Qapita and the 94 naming Cake Equity. In those answers Cake Equity took the first choice five times and Qapita five.

Every model, every framing

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

The direct prompt

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

Qapita first, Cake Equity an alternative

4 of 12 modelsCake Equity was named in the answer but not as the choice, or not at all.
Mistral SmallCarta, Qapita
DeepSeek V4 FlashCarta, Qapita alternatives: Ledgy
Llama 4 MaverickCarta, Pulley, Qapita
GLM 4.7 FlashXQapita alternatives: Cake Equity, Capshare, Mantle, Pulley

Neither was the first choice, one was named

5 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
Gemini 3.5 FlashCarta alternatives: ClosingWell, Ledgy, Pulley, Qapita
Perplexity SonarCarta alternatives: Qapita
Qwen 3.7 FlashCarta alternatives: Pulley, Qapita
Kimi K2Carta alternatives: Cake Equity, Eqvista, Ledgy, Pulley

Neither was named

3 of 12 modelsThe answer made no first choice from these two in this category.
GPT-5.4 miniCarta alternatives: Eqvista, Ledgy, Shareworks
Grok 4.1 FastCarta alternatives: Ledgy, Pulley
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 fourteen points.
Cake Equity20%#2 of 6
Qapita5%#5 of 6
The full small business standing →
Mid-marketThe figures above
The order flips: Qapita leads at mid-market.
Qapita14%#2 of 8
Cake Equity7%#5 of 8
The full mid-market standing →
Enterprise
Qapita leads by nine points.
Qapita9%#3 of 9
Cake Equity0%#9 of 9
The full enterprise standing →

What the models said about Qapita

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

“Strong in Asia-Pacific, but not a leader in the US/EU.” DeepSeek V4 Flash · paraphrase prompt · soft negative
“Qapita and Carta are the most frequently recommended due to their scalability, global compliance features” Mistral Small · paraphrase prompt · first choice
“Qapita offers the best balance of full-lifecycle features and transparent pricing for mid-market scale” DeepSeek V4 Flash · direct prompt · first choice
“Carta and Qapita are the top recommendations based on scalability, feature set, and industry adoption” Mistral Small · direct 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.