Every SAFE on your cap table, converted before you sign the priced round.
Load the instruments you already have. See your post-money percentage, the option-pool carve-out, and the compounding cost of every stacked cap — in seconds, no spreadsheet.
Fundraise Sprint · 90 days · No card to start
SAFE stacks look cheap at signing and expensive at conversion.
Four SAFEs at four different caps. A discount here, an MFN there. Nobody does the conversion math cold at month six, and at Series A, the founders wake up 18% lower than the deck showed.
Typical number of SAFEs on a cap table before the first priced round.
Typical dilution gap between what founders remember and what the stack actually converts to.
Time SAFE Modeling takes to run the full conversion on a stack you already loaded.
Three moves. The cap table you'll actually sign.
Every SAFE, note, and term — from the workspace, not from a new spreadsheet.
Cap, discount, MFN, valuation cap triggers. Pre-money or post-money SAFE. Pro rata rights. Every clause that matters for conversion, captured once.
Valuation, check size, option-pool target — and the engine runs.
Not "what if?" math. The actual conversion, per SAFE, with the option-pool shuffle applied before or after (you choose). The founder dilution number is the one you'd sign.
Pre-money shuffle vs post-money shuffle. Bigger pool vs smaller.
Run three or four variants side by side. The one you'd counter with comes out of this view, with the dilution delta visible per variant.
You know your post-money before the lead does.
After one sitting:
The conversion math, per instrument.
Every SAFE shows its post-money percentage, its cap-triggered conversion price, and whether MFN kicked in.
A founder take-home number you can defend.
Not rounded. Not guessed. The percentage that lands in your cap table the day the round closes.
A counter-offer with receipts.
"Move the pool shuffle to post-money and we're aligned." That's a sentence the lead respects.
Handoff to Scenario Simulator for the exit math.
The post-round cap table drops into exit waterfalls automatically. No rebuild.