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How to start your 409A valuation in Cake

Cake's integrated valuator provides fast, IRS-compliant 409A valuations, directly connected to your Cake data. Your Cap Table is already here, so the submission is short.

Start your valuation

  1. Go to Compliance → 409A

  2. Click Start 409A now

  3. Complete the required information, which takes about 20 minutes

  4. Submit

If your plan does not include a 409A, add it first. See How do I add a 409A valuation to my Cake plan?

What to have ready

Click Download Data on the confirmation screen to pull your Cap Table and options register out of Cake. Gather the rest:

  • Financial statements and projections

  • Articles of Incorporation

  • Total options you expect to grant off this valuation

  • Recent term sheet or stock purchase agreement

  • Previous 409A valuation, if you have one

  • Recent pitch deck, or a summary of key business developments

  • Your next major milestone

Having all of it ready is what keeps the turnaround short.

What happens next

Your draft comes back within 3 business days. A valuation expert then walks you through it one-on-one before it is signed off.