Carta vs Cake Equity
Nine of fourteen models named Carta first on the direct prompt; two named Cake Equity. Carta was named by fourteen of the fourteen models and Cake Equity by thirteen and Carta carries 74 labels and Cake Equity 32, so the shares are not directly comparable.
Named in two categories this edition.
Named in one category 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.
By framing
CartaFirst choices, of fourteen modelsCake Equity
Across every category in the October 2026 Edition, Carta and Cake Equity were named in the same answer eighty-one times, of the 239 answers naming Carta and the 86 naming Cake Equity. In those answers Cake Equity took the first choice fourteen times and Carta twenty-three.
Every model, every framing
| 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 | | | | |
Carta Cake Equity first choice named as an alternative argued againstblank: not namedEach cell is one answer, Carta on the left and Cake Equity on the right.The direct prompt
Carta first, Cake Equity an alternative
9 of 14 modelsCake Equity was named in the answer but not as the choice, or not at all.Cake Equity first, Carta an alternative
2 of 14 modelsCarta was named in the answer but not as the choice, or not at all.Neither was the first choice, one was named
1 of 14 modelsThe answer put something else first and named one of the two as an alternative.Neither was named
2 of 14 modelsThe answer made no first choice from these two in this category.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
Carta33%#1 of 10Cake Equity12%#4 of 10What the models said about Carta
Every negative label with a quote, up to three, then the highest-weighted positives, up to three. Six of seven in this category shown.
“Carta — Approach with Caution ... Data misuse for secondary trading: Carta was caught using confidential customer cap table data to solicit secondary share sales” Kimi K2 · negative prompt · hard negative
“Founders have publicly reported steep, unexpected price increases at renewal... canceling required scheduling a mandatory meeting” Claude Haiku 4.5 · negative prompt · hard negative
“Avoid Carta if budget is your top concern” Kimi K2 · budget prompt · hard negative
“Carta: The market leader for VC-backed private companies. Highly trusted by law firms and investors. It offers the most comprehensive suite of services ... but it is generally the most expensive option.” Gemini 3.5 Flash · scale prompt · first choice
“I'd generally recommend Carta if your priorities are cap table management, fundraising workflow, and a platform that can scale” GPT-5.4 mini · paraphrase prompt · first choice
“Go with Carta if you need end-to-end (formation to exit), have 50+ stakeholders... dominant for mid-market B2B despite past issues.” Grok 4.1 Fast · 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. 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
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.