Simulator

Funding round & dilution simulator

Edit the starting cap table and stack rounds in any order. The model converts SAFEs and notes at the next priced round, applies ESOP top-ups, and recomputes per-holder ownership at every step.

Starting cap table
Total fully-diluted shares10,000,000
Funding rounds
1SAFE
2EQUITY
Post-money
$25.00M
Final cap table
Total FD shares
13,333,333
Holders / line items
5
Post-money (last round)
$25.00M
Starting cap table
FD 10,000,000
HolderTypeSharesOwnershipShare of cap table
Founder 1founder4,500,00045.00%
Founder 2founder4,500,00045.00%
ESOP Poolesop1,000,00010.00%
1
Seed SAFE (pending)
FD 10,000,000
  • post-money SAFE of $500.0K added to pending convertibles.
  • Will convert at the next priced round (equity or CCPS).
HolderTypeSharesOwnershipShare of cap table
Founder 1founder4,500,00045.00%
Founder 2founder4,500,00045.00%
ESOP Poolesop1,000,00010.00%
Pending convertibles: Seed SAFE ($500.0K, cap $8.00M)
2
Series A
PPS $2.0000Post-money $25.00MFD 13,333,333
  • Price per share: $2.0000 (pre-money $20.00M / 10,000,000 pre-money FD shares).
  • 833,333 shares issued to converting post-money SAFEs.
  • New investor receives 2,500,000 shares for $5.00M.
HolderTypeSharesOwnershipShare of cap table
Founder 1founder4,500,00033.75%
Founder 2founder4,500,00033.75%
Series A Leadinvestor2,500,00018.75%
ESOP Poolesop1,000,0007.50%
Seed SAFEinvestor833,3336.25%

Done modeling? Run your real cap table on Tabulate.

The simulator shows you what could happen. Tabulate is the cap table management platform that handles what actually happens — issuances, conversions, ESOP grants, vesting, secondaries and investor reporting — without spreadsheets falling out of sync.

Explore Tabulate