Raising on SAFEs? Skip the rude awakening at your next round.
Model every SAFE and note against your cap table, see your stake after conversion, then sign it in BildrX.
Modelling and conversion are on Pro.
A SAFE in your inbox, and no idea what it converts into
The investor wants it signed this week. The cap looks fine. Your spreadsheet lists shares, not what a SAFE converts into, so you don't know what you own after the priced round. You find out when the SAFEs convert, and you own less of your company than you thought.
Change the cap and watch your stake move
BildrX stores each SAFE and note as terms, so conversion is arithmetic on your cap table.
Every term on record.
SAFEs carry a cap, discount and MFN. Notes carry a cap, discount and interest.
Conversion modelled inside the round.
Price a round from pre-money, the amount raised and pool size. Every SAFE and note converts inside the model, and your stake after the round shows before anything is issued. Models stay read-only until you commit.
Conversion runs itself at the priced round.
Notes convert with their accrued interest.
Sign in BildrX.
Send the SAFE for e-signature. When it is issued it lands on the cap table, and the signed PDF is stored with it.
Sign it once. It posts to the cap table.
See your post-round stake before the investor's deadline. Draft from the Delaware SAFE template, have counsel finalise it, then send the final PDF for e-signature in BildrX. The signed SAFE posts to the cap table, so no one retypes it into a spreadsheet.
What's free, what's Pro
Free:
- cap table for up to 30 stakeholders.
- Records the post-money SAFEs you've already signed.
- 10 e-signed documents a month.
Pro:
- issue SAFEs and notes.
- Automated conversion.
- Round modelling with unlimited scenarios.
- 100 e-signed documents a month.
- $49 a month, or $499 a year.
- See pricing
Cancel Pro anytime. Downgrade and nothing is deleted or hidden.
FAQ
No. Record them on Free and see them on your cap table. Move to Pro when you want them converted against a round.
No. Models stay read-only until you commit.
No. The Delaware SAFE is a draft for your counsel to review. BildrX is not a law firm and does not give legal advice. Legal templates sit in the same library.
Own