Cake Equity
Cake Equity is a global equity management platform that simplifies how you issue, manage, and track options and shares for your employees and investors across multiple jurisdictions.
Deel
Deel is a comprehensive global payroll and compliance platform that helps you hire, onboard, and pay international employees and contractors in over 150 countries while staying compliant with local laws.
Quick Comparison
| Feature | Cake Equity | Deel |
|---|---|---|
| Website | cakeequity.com | deel.com |
| Pricing Model | Freemium | Freemium |
| Starting Price | Free | Free |
| FREE Trial | ✘ No free trial | ✘ No free trial |
| Free Plan | ✓ Has free plan | ✓ Has free plan |
| Product Demo | ✓ Request demo here | ✓ Request demo here |
| Deployment | ||
| Integrations | ||
| Target Users | ||
| Target Industries | ||
| Customer Count | 0 | 0 |
| Founded Year | 2018 | 2019 |
| Headquarters | Gold Coast, Australia | San Francisco, USA |
Overview
Cake Equity
Cake Equity simplifies the complex world of cap tables and employee share plans. You can move away from messy spreadsheets and manage your entire equity lifecycle—from founding to exit—in one centralized, cloud-based platform. It automates the heavy lifting of legal compliance and document signing, allowing you to issue options or shares to your team in minutes rather than weeks.
The platform is specifically designed for startups and scale-ups looking to expand globally. You can manage equity across different countries with built-in rules for various jurisdictions, ensuring your global team stays motivated and compliant. Whether you are raising your first round or managing hundreds of employee stakeholders, you get a clear, real-time view of your ownership structure.
Deel
Deel simplifies the complexity of international hiring by acting as your global HR department. You can hire full-time employees or independent contractors in minutes without the need to set up local legal entities in every country. The platform handles everything from localized contracts and document collection to tax filings and automated payments in multiple currencies.
You can manage your entire global workforce from a single dashboard, ensuring everyone gets paid on time while you stay protected from legal risks. Whether you are a small startup looking for your first international developer or a large enterprise scaling across continents, the platform provides the infrastructure to grow your team anywhere in the world.
Overview
Cake Equity Features
- Automated Cap Table Maintain a single source of truth for your ownership structure that updates automatically whenever you issue new shares.
- Employee Share Plans Set up and manage ESOPs or options plans easily to attract and retain top talent with automated vesting tracking.
- Global Compliance Issue equity to team members in over 100 countries using localized offer letters and legal frameworks built into the platform.
- Scenario Modeling Model your next funding round or exit to see exactly how dilution will affect you and your existing shareholders.
- Digital Document Signing Send, sign, and store all your equity-related legal documents securely within the platform to speed up your workflows.
- Investor Portals Give your investors their own dashboard to track their holdings, view updates, and access important tax or legal documents.
Deel Features
- Global Payroll. Pay your entire international team in one click using 20+ payment methods and over 120 different currencies.
- Automated Compliance. Generate localized contracts vetted by legal experts to ensure you always follow specific labor laws in every country.
- Employer of Record. Hire full-time employees in countries where you don't have a local entity by using Deel's established legal infrastructure.
- Contractor Management. Onboard independent contractors quickly with automated tax form collection and flexible withdrawal options for their earnings.
- Deel Card. Provide your contractors with a physical or virtual debit card to spend their earnings directly without transfer delays.
- Visa Sponsorship. Handle the entire immigration process for your team members, including visa applications and renewals in dozens of countries.
- Equipment Provisioning. Send laptops and work equipment to your remote team members globally with just a few clicks in your dashboard.
- Background Checks. Run comprehensive background screenings on new hires directly through the platform to speed up your onboarding process.
Pricing Comparison
Cake Equity Pricing
- Up to 5 stakeholders
- Basic cap table management
- Standard document storage
- Basic reporting tools
- Community support access
- Everything in Free, plus:
- Up to 20 stakeholders
- Employee Option Plans (ESOP)
- Digital signing integration
- Standard vesting schedules
- Email support
Deel Pricing
- Free for companies up to 200 people
- Automated onboarding and offboarding
- Document management and storage
- Time off and expense tracking
- Global HR reporting and analytics
- Everything in Deel HR, plus:
- Hire contractors in 150+ countries
- Localized contract generation
- Automated tax form collection
- Flexible payment and withdrawal options
- Compliance document management
Pros & Cons
Cake Equity
Pros
- Extremely intuitive interface compared to traditional legal software
- Streamlines global hiring with localized equity templates
- Excellent customer support during the initial onboarding process
- Automated vesting tracking saves hours of manual calculation
- Simplifies investor reporting with professional, clear dashboards
Cons
- Pricing can feel steep for very early-stage startups
- Advanced customization of legal documents can be limited
- Integration options with accounting software are still growing
Deel
Pros
- Extremely fast onboarding process for international contractors
- User-friendly interface for both administrators and employees
- Wide variety of withdrawal methods for remote workers
- Responsive customer support for complex compliance questions
- Consolidated invoicing makes accounting much simpler
Cons
- Withdrawal fees can be high for certain currencies
- Employer of Record services are relatively expensive
- Occasional delays in document verification during onboarding