You can model different scenarios, register subscriptions, and include financial instruments like SLIP and SAFE, without affecting your cap table or transactions until you explicitly complete the fundraise.
This functionality is currently in beta. We are continuously improving it and actively developing additional features and capabilities.
Important:
Nothing you do in the fundraising module will affect the cap table or transactions unless you complete the fundraise. Once completed, the relevant transactions will be generated automatically, and the cap table will be updated.
What is the fundraising module?
The fundraising module is designed to:
Prepare a capital increase step by step
Track investor commitments
Calculate the conversion of loans and notes
Simulate dilution and ownership impact before you make the deal
Ensure everything is correct before creating transactions
Give you the information need to create a general assembly protocol
You can use it to:
Raise capital through equity from multiple investors and calculate dilution
Convert multiple instruments (SLIPs, convertible loans)
Or combine both in a single round
You can find the fundraising module in the left menu under “Fundraise”.
Create a new fundraise
To get started, click “Start new fundraise”.
A side panel will open where you can define the main parameters of the round:
Fundraise name,
Target amount to raise,
Company valuation at fundraise,
Start and end dates,
Add any relevant documents.
The end date is used as a suggested transaction date later in the process, but it can be adjusted if the timeline changes.
Once saved, your fundraising campaign is created and becomes the main workspace for the round.
Fundraising overview and key indicators
After creating the fundraising campaign, you’ll see a summary section at the top of the page showing:
The target amount,
How much has been raised so far,
Remaining time,
Number of shares before and after the fundraise,
The expected dilution percentage.
This overview updates dynamically as you add subscriptions and instruments, helping you understand the impact of each decision.
Subscriptions: equity investments
On the fundraising page, you’ll find a section called “Subscriptions”.
This is where equity subscriptions (classic share issuances) are registered.
An empty event is created automatically for you. This event represents the capital increase linked to share subscriptions.
Add a subscription
Click the “+” button on the right side of the event.
In the side panel, you can:
Select an existing investor or create a new one,
Enter the subscription ("investment") amount,
Set the purchase price per share,
Choose the share class,
Define the investment status,
Add a description if needed,
Upload documents.
Before saving, you’ll see a preview showing how many shares will be allocated if the subscription is completed.
Once added, the subscription appears in the event table.
Edit a subscription
At any time, you can click the three dots next to a subscription to:
Update the investment amount,
Change the status,
Adjust other details.
Managing the subscription event
You can also edit the event itself by clicking the three dots on the event header:
Change the event name,
Update the transaction date,
Add a description,
Attach documents.
This is useful if the legal or practical framing of the round evolves over time.
Adding financial instruments (SLIPs, SAFEs, convertible loans)
If your fundraise includes financial instruments, you’ll need to create a separate event.
Click the pink “Add event” button in the top right corner.
In the side panel:
Give the event a name,
Select the event type,
Choose an expected transaction date
(this date is important for interest calculations and can be adjusted later),Add a description and documents if needed.
Click “Add”, and a new event will appear above the subscriptions section.
Add instruments to the event
Click the “+” button in the table header of this new event.
In the side panel, select the SLIPs or convertible loans you want to include.
These instruments must:
already exist in the financial instruments page,
be approved,
and not yet converted or settled.
Once added, the instruments appear in the table with their conversion values and impact.
(See related articles for creating convertible notes, loans, and warrants.)
Preview the fundraise
Once everything is added, go to the “Preview” tab under the fundraiser title.
Here you can review:
Which transactions will be generated when the fundraise is completed,
How the cap table will look after the round,
The full financial impact of the fundraise.
This is a key step to ensure accuracy before moving forward.
Finish fundraise (final step)
On the top right of the page, you’ll find the “Finish fundraise” button.
Despite its name, clicking this button does not immediately complete the fundraise.
Instead, it opens a 3-step flow that:
Summarizes all data,
Highlights details useful for general meeting (GF) protocols,
Allows a final review.
⚠️ Important:
If you complete the last step, the fundraise will be closed:
Transactions will be generated,
The cap table will be updated,
The changes become effective.
You should only complete this step after thorough quality assurance of all data.
Conclusion
The fundraising module lets you work safely and transparently:
Simulate different fundraising scenarios,
Coordinate equity and financial instruments,
Validate dilution and ownership impact,
And only finalize when everything is correct.
This ensures a clean transaction history, accurate cap table, and a smooth transition from planning to execution.