Startup cap table — model your round in minutes
Every founder ends up with the same spreadsheet: a tab for founders, a tab for SAFEs, a tab for the option pool, and a fourth tab that nobody trusts. Then a partner asks "what's the post-money split if we lead at $8M pre with a 10% pool refresh?" — and the spreadsheet breaks.
What a cap table actually needs to show
- Current ownership — every founder, investor, advisor and the option pool, summing to 100%.
- Dilution from the next round — exactly how much each existing holder shrinks at a given pre-money valuation.
- Option pool top-up — modelled pre-money, so new investors don't get diluted by the refresh.
- Post-money split per holder — the number every term sheet conversation actually turns on.
Common cap table mistakes founders make
- Refreshing the option pool post-money instead of pre-money — you give away points you didn't have to.
- Modelling SAFEs as priced equity — you understate dilution because conversion discounts and caps aren't applied.
- Forgetting advisor and contractor grants — small line items that add up to 3–5% before you notice.
- No side-by-side scenarios — you can't compare a $1.5M round at $8M pre with a $2M round at $10M pre on the spot.
How Raise Copilot models your cap table
- Import your existing holdings — founders, investors, advisors and the option pool — in one screen.
- Add the new investors entering this round with their check sizes.
- Set your pre-money valuation and the option pool top-up percentage of post-money.
- See the post-money split per holder instantly, with dilution applied pro-rata and the pool refreshed pre-money the way investors expect.
Built for the round you're actually raising
Your cap table doesn't live alone. It connects to the investors you're talking to, the round size you're targeting, and the milestones you're promising. Raise Copilot keeps your cap table next to your investor pipeline and outreach, so when a partner asks "what does this look like if you lead?", you can answer in 30 seconds — not 30 minutes.