VC Cap Table Example
VC Cap Table Example
Round C
Series C Invested Capital ($M) $2,500,000
Ownership Acquired by New Investors 40%
Pre-Money Valuation ($M) $3,750,000
Post-Money Valuation ($M) $6,250,000
Shares
Investor Common Series A Series B Series C Options Total Shares % Ownership
Founder 1,000 500 1,500 4%
CEO 2,000 600 2,600 6%
CFO 3,000 700 3,700 9%
COO 4,000 800 4,800 12%
Former Employees 5,000 5,000 12%
Series A Investor 1,000 2,000 3,000 6,000 14%
Series B Investor 3,000 4,000 7,000 17%
Series C Investor 5,000 5,000 12%
Angel Investor 6,000 6,000 14%
Total 21,000 1,000 5,000 12,000 2,600 41,600 100%
% Total 50.5% 2.4% 12.0% 28.8% 6.3% 100.0%
Date Jan-21
Investment Round Pre-seed
Series Pre-seed Invested Capital ($M) $100,000
Ownership Acquired by New Investors 10%
Pre-Money Valuation ($M) $900,000
Post-Money Valuation ($M) $1,000,000
Series Pre-seed Price per Share $180.00
Series Pre-seed Shares 556
Shares
Investor Investment ($) Common Preferred Total Shares % Ownership
Founder $0 36,000 36,000 36%
CEO $0 36,000 36,000 36%
CFO $0 18,000 18,000 18%
Pre-seed Investors $100,000 5,000 5,000 10,000 10%
$0 - - 0%
$0 - - 0%
Total $100,000 5,000 95,000 100,000 100%
% Total 5.0% 95.0% 100.0%
Date Sep-23
Investment Round Seed SAFE
Series Seed SAFE Invested Capital ($M) $500,000
Ownership Acquired by New Investors 8%
Pre-Money Valuation ($M) $5,750,000
Post-Money Valuation ($M) $6,250,000
Series Seed SAFE Price per Share $423.51
Series Seed SAFE Shares 1,181
Shares
Investor Investment ($) Common Preferred Total Shares % Ownership
Founder $0 38,313 38,313 33%
CEO $0 38,313 38,313 33%
CFO $0 19,156 19,156 17%
Pre-seed Investors $100,000 5,404 5,000 10,404 9%
Seed Investor (1) $500,000 8,173 1,181 9,354 8%
$0 - - 0%
Total $600,000 13,577 101,963 115,540 100%
% Total error 11.8% 88.2% 100.0%
Date Sep-23
Investment Round A
Series A Invested Capital ($M) $5,000,000
Ownership Acquired by New Investors 50%
Pre-Money Valuation ($M) $5,000,000
Post-Money Valuation ($M) $10,000,000
Series A Price per Share $23.26
Series A Shares 215,000
Shares
Investor Investment ($) Common Preferred Total Shares % Ownership
Founder $0 165,597 165,597 28%
CEO $0 165,597 165,597 28%
CFO $0 97,766 97,766 16%
Pre-seed Investors $100,000 20,000 40,000 60,000 10%
Seed Investor (1) $500,000 30,000 21,500 51,500 9%
Seed Investor (2) $1,000,000 10,000 43,000 53,000 9%
Series A $5,000,000 155,000 215,000 370,000 62%
Total $6,600,000 215,000 533,460 593,460 100%
% Total error 36.2% 89.9% 100.0%
Date Sep-23
Investment Round Seed SAFE 2
Series Seed SAFE 2 Invested Capital ($M) $500,000
Ownership Acquired by New Investors 7%
Pre-Money Valuation ($M) $6,642,857
Post-Money Valuation ($M) $7,142,857
Series Seed SAFE 2 Price per Share $337.34
Series Seed SAFE 2 Shares 1,482
Shares
Investor Investment ($) Common Preferred Total Shares % Ownership
Founder $0 40,120 40,120 31%
CEO $0 40,120 40,120 31%
CFO $0 20,066 20,066 16%
Pre-seed Investors $100,000 6,213 5,000 11,213 9%
Seed Investor (1) $500,000 7,626 1,482 9,108 7%
Seed Investor (2) $1,000,000 5,853 2,964 8,817 7%
Total $1,600,000 19,692 109,753 129,445 100%
% Total error 15.2% 84.8% 100.0%