Explore new scenarios interactively

Is your startup thriving and you’re already thinking about a new financing round to fuel your growth and take your company to the next level? Or maybe you are ready for a new adventure and would like to see what chunk of the pie each stakeholder gets if you proceed with an exit?

Ledgy’s modeling tools are exactly made for you to dive into all of these possibilities, allowing you to quickly model all sorts of different situations, understand how dilution works in such events, and assess the impact of liquidation preferences.

For a new round, start by entering a valuation (pre- or post-money) and you’ll immediately see how your convertibles apply to your cap table. Whether they have a cap, interest, or discount, Ledgy will do the math for you. Add investments and employee pools with a fixed percentage, or increase an existing one to that percentage. You can even choose if it only dilutes existing shareholders or everyone, including the new ones.

Watch in real time how the new investment impacts your current shareholder distribution. You can find the round modeling tool directly on the Cap Table page.

Round Modeling

Tweak different parameters of the simulation as they best suit you by clicking on Actions and Settings. You can adjust shares rounding, as well as including or excluding convertibles and pools in the share price.
Simulation settings
Often you will have a couple of new investors, and then existing shareholders will participate pro-rata in the round. Your cap table is on Ledgy, so you can distribute an investment amount pro-rata with just a single click.
Distribute Investment Pro-Rata

Scroll down, and you will notice that the cap table now indicates the Round Modeling mode. This gives you a detailed overview of who owns how many shares after applying the new financing round.

Cap table during round modeling

Share your scenarios

After you’re finished with modeling your financing round, you can download the scenario as a PDF document and share it with your co-founders, lawyers and investors. The document includes the pre- and post-money valuation of your company, all investments, and convertibles with their resulting share price and the number of shares and, of course, the resulting cap table. At the end of the document, you will also find valuable plots to visualize the new development step of your company.

PDF export of the financing round

Convert to transactions

As soon as you’re done with your financing round, hit the Convert button. This will transform the scenario into real transactions for your cap table.

Convert financing round

Exit Modeling

What if your company is worth such an amount that makes you think about an exit? With the Premium Exit Modeling feature, Ledgy will do an insane amount of math to show you the distribution of stakes in all possible situations.

Exit Modeling