SAFE Calculator

Model how your SAFE notes convert to equity at your next priced round.

Pre-Round Cap Table

Starting point

Your ownership structure before the financing round and SAFE conversions.

%
%

Total Ownership

100.00%

Next Priced Round

Affects conversion

These values determine how your SAFEs will convert.

$
M
$
M

Price/Share

$1.0000

Post-Money

$12M

SAFEs

Converts at next round

SAFEs convert at the lower of: valuation cap, discount price, or round price.

SAFE #1
$M
$M
%

Results

Post-Conversion Cap Table

StakeholderOwnership %
Founders67.33%
Option Pool11.88%
SAFE $0.5M4.95%
New Investor15.84%
Total100.00%

This calculator is for informational purposes only. Consult with legal and financial advisors before making investment decisions.

Want to learn more about SAFEs?

Understand how SAFE notes work, when to use them vs convertible notes, and how to negotiate the best terms for your startup.

Read the complete SAFE guide