Your Round Terms

Fill in your numbers. The calculator runs automatically as you type.

Pre-filled example: $2M pre-money, $500K SAFE, $2M cap. Edit any field to model your own deal.

Pre-Money Valuation

The company's valuation before this round closes

SAFE Investment Amount

Total invested via SAFE (one or stacked)

Valuation Cap

Maximum valuation at which SAFE converts

Discount Rate (optional)

SAFE holder's discount off next round price (leave blank to use cap only)

Number of SAFEs Stacked

SAFEs

If you have multiple SAFEs at the same terms, stack them here

Option Pool Size

Shares reserved for future employees (% of fully diluted cap table)

Post-Conversion Ownership

After the next priced round converts

Founders

SAFE Investors

Option Pool

Ownership Breakdown

Party

Ownership

Founders

—

SAFE Investors

—

Option Pool

—

Dilution From Each SAFE

Step-by-step conversion math for every SAFE in the stack

Conversion Summary

Conversion Price (per share) —

SAFE Ownership (all stacked) —

Founder Ownership Post-Conver. —

Founder Dilution per SAFE —

Total SAFE Shares Issued —

Cap Price Shares (used) —

SAFE Dilution Calculator