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Fundraise Toolkit

Raise your round, papered properly

53%
founders keep

What do you actually keep?

Say two founders raise a $1M pre-seed and a $3.5M seed for a B2B SaaS company and sell it for $60M about 10 years later.

Founders take
$32.8M
Investors take
$22.6M
Pool takes
$4.7M
Run Your Numbers

Fundraising contracts

SAFEs

  • Post-money, cap + discount
  • Post-money, cap only
  • Pre-money, cap only
  • Pre-money, cap + discount
  • Pro rata side letter

Convertible notes

  • Term sheet
  • Note, cap + discount

Board approval

  • SAFE financing consent
  • Convertible note consent, corporation
  • Convertible note consent, LLC

Encyclopedia

All 26 fundraising articles
  • What is a SAFE, and how is it different from a convertible note?
  • How do I pick a valuation cap?
  • What is a discount on a SAFE or convertible note, and do I need one as well as a cap?
  • Post-money SAFE versus pre-money SAFE: what changes for the founders?
  • Does my board need to approve a SAFE or convertible note round?
  • Can I raise more than my board approved?
  • How much of my company am I selling in a SAFE round?
  • Do I have to file anything when I raise money on SAFEs or notes?
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