Cake partners with expert 409A providers
Cake has partnered with 409.ai to provide seamless, accurate and reliable 409A valuations, integrated through the Cake platform.
409.ai is a certified valuation provider service that streamlines and automates the administrative burden of the 409A process., with experienced valuation experts reviewing, explaining and certifying each valuation. This automation significantly decreases the amount of work required on your side by compiling and organizing the detailed information required.
409.ai’s valuation providers have had many years of experience completing complex valuations, including roles in major banks and Big Four consultancy firms such as EY and Deloitte. In the case that a valuation is randomly selected for IRS audit, 409.ai has the expertise and capacity to assist as soon as required. The reports are prepared to be audit ready.
What are the steps on the company side?
With the Cake x 409.ai valuation process, you can complete the steps for ordering your 409A in minutes.
The platform streamlines the flow including the collecting of detailed financial forecasts and the cap table information.
This reduces the administration on the company side significantly, as you are not required to track down lots of information to then email on to the provider.
Personal support is available throughout the whole process, either by live chat or video calls as you need them.
You can expect a draft 409A to be provided in 3 business days after you’ve provided the required information.
At this point the 409.ai valuation expert will send you a personal video taking you through your valuation and its underlying calculations, and offering a 1-on-1 consultation to cover off any questions or comments that you may have.
Following this, the valuation will be signed and ready for use for your options plan.
Ready to get started?
You can get started on your 409A through Cake below.
Once you've added the 409A to your plan, you will get access to the link where you can complete your onboarding. If you need help at any stage, the team will be ready.
Interested in other options?
Cake also partners with a number of other professional valuation providers such as Sharp 409A, KnowCraft Analytics and Scalar. If you would like an introduction to one of these partners to complete your valuation outside of the platform, simply let us know and we can get that started for you!
Learn more about 409As
Learn more about what a 409A valuation is and why you may need one here!