Two of fourteen models named Cake Equity first on the direct prompt; zero named Ledgy. Cake Equity was named by thirteen of the fourteen models and Ledgy by thirteen and Cake Equity carries 32 labels and Ledgy 39, 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 fourteen 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 October 2026 Edition, Cake Equity and Ledgy were named in the same answer forty-four times, of the 86 answers naming Cake Equity and the 109 naming Ledgy. In those answers Ledgy took the first choice zero times and Cake Equity six.
| 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 | ||||||
| GPT-6 Luna | ||||||
| Muse Glimmer 30B |
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. Six of eight in this category shown.
“Cake Equity was explicitly named in a 2026 analyst aggregation ("the main platforms to avoid or treat cautiously")” DeepSeek V4 Flash · negative prompt · hard negative
“Cake Equity: flagged with approximately 58% negative sentiment.” Qwen 3.7 Flash · negative prompt · hard negative
“Avoid Cake Equity for anything beyond very small teams.” GLM 4.7 FlashX · negative prompt · hard negative
“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
“On a tight budget, Cake Equity gives you a real free starting point with a clear upgrade path.” Claude Haiku 4.5 · budget prompt · first choice
“Go with Qapita or Cake Equity if: You want predictable, flat-rate pricing” MiniMax M2.5 · direct 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.
“Historic data setup can take effort and some users find complex funding round modeling less intuitive” Claude Haiku 4.5 · negative prompt · soft negative
“starts at €75/month, but is often a better fit for European/international companies” GPT-5.4 mini · budget prompt · soft negative
“Shortlist 3–5: Demo Carta, Ledgy, and 1–2 others matching your location/equity needs.” Grok 4.1 Fast · scale prompt · first choice
“these international-first platforms offer superior localized tax and legal compliance automation compared to US-centric platforms” Gemini 3.5 Flash · scale prompt · alternative
“they're flagged more than leaders like Ledgy or Fidelity Private Shares ... For growth, Ledgy (EU/international)” Grok 4.1 Fast · negative 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.