SAFE Calculator

Model how SAFE notes convert into equity at a priced round. Handles stacked SAFEs, post-money, pre-money, and MFN. Free and open-source.

Existing cap table

SAFEs

Priced round

Resulting cap table

Post-money valuation: $18,000,000Price per share: $1.0838Founder dilution: 39.79%

HolderSharesOwnershipConversion price
Founders10,000,00060.21%-
SAFE #1 - Pre-seed1,660,82210.00%$0.3011
SAFE #2 - Angel round519,0073.12%$0.4817
New investor2,768,07616.67%$1.0838
Option pool1,660,87810.00%-