SAFE (Simple Agreement for Future Equity) Management Software | Cake Equity

Run your SAFE round with confidence.

Close funding rounds faster with integrated SAFE (Simple Agreement for Future Equity) templates, automated investor onboarding, and real-time conversion modeling, all in one platform.

Essential tools to run SAFE rounds smoothly.

Clear, founder-friendly SAFEs (Simple Agreement for Future Equity) built for early-stage teams.

Features

• Automatic cap table sync: Every SAFE updates your cap table seamlessly, maintaining fully diluted accuracy.
• Conversion ready tracking: Monitor terms, trigger events, and conversion timing without spreadsheets.
• Built-in investor updates: Save, compare, and share scenarios for board discussions.

How it works

Launch your SAFE round in 4 simple steps.

1. Create your SAFE round - Define your terms, agreement structure, and fundraising goals before inviting investors.
2. Attach your agreement - Use Cake's standard template or one drafted by your legal team.
3. Add investors and send - Share the agreement with investors, include their individual terms, and collect signatures.
4. Track and convert - Monitor commitments, keep an eye on future conversion scenarios, and prepare for conversion at the next priced round.

Your questions on SAFEs, answered

• Which Cake plans include SAFEs? SAFE round management is available across Cake plans, allowing you to set up rounds, attach templates, and manage investor onboarding.
• Can I use my own SAFE agreement template? Yes, you can upload custom SAFE agreements once on the starter plan. Cake also provides free, lawyer-approved SAFE templates that auto-populate with investor details and merge tags.
• How do SAFEs convert in future rounds? SAFEs automatically convert at predetermined trigger events like priced equity rounds, using either the valuation cap or discount rate—whichever gives investors better terms.
• What's the difference between SAFEs and convertible notes? SAFEs are equity instruments without debt obligations—no interest rates, maturity dates, or repayment requirements. This makes them simpler and more founder-friendly than convertible notes.
• Are there limits on SAFE round sizes? There are no platform limits on the number of SAFEs you can issue or total amounts raised.
• How does SAFE tracking integrate with cap tables? All SAFE notes are automatically recorded in your cap table, providing transparency for investors and ensuring proper documentation for future due diligence.

Clean cap table.

Confident raise.

Motivated team.

Join 10,000+ companies already on Cake.