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Free tools

SAFE Calculator

Enter the SAFE's terms and the round it converts in. The calculator applies the cap and the discount and tells you which one wins.

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$
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The priced round where the SAFE converts

Ownership via cap

6.3%

Ownership via discount

3.9%

SAFE converts to

6.3%

The cap applies (better for the investor)

How this is calculated

  • Ownership via the cap is investment divided by the post-money valuation cap.
  • Ownership via the discount is investment divided by the round's post-money valuation after applying the discount.
  • A SAFE converts at whichever is better for the investor, so the result is the higher of the two.
  • This models a single post-money SAFE. Stacked SAFEs interact; model the full stack on your real cap table in BildrX.

Educational tool, not financial or legal advice.

More free tools

Beyond the sketch

Run the real numbers on your actual cap table.