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SAFE Calculator

Analyze how SAFEs convert and impact founder dilution in a priced round.This tool
uses YC SAFE conversion methodology.

Current cap table

Enter all issued shares, including those held by founders, employees, and any existing option pools.

SAFE terms

SAFEs must be entered in the order raised. MFN This SAFE adopts improved terms from subsequent SAFEs. applies forward only.

Priced round configuration

These terms determine how SAFEs convert and how new shares are issued.

$
Post-money valuation: $0

Enter your post-round target option pool

%

+0 shares will be added to reach the target

Round investors

Investor
Investment

Note: All “before ” and “after ” figures assume all SAFEs have converted. If there are no SAFEs, the figures reflect the cap table before the priced round.

Impact of on founder(s)
0.00% Ownership after
0.00% Founder dilution from Shows dilution relative to ownership after SAFE conversion, before the priced round (including any option pool top-up).
Post-money $0
Price per share (PPS) $0.000
Total shares post-round 0
Ownership split after
Founder ownership before vs after
Round summary

Cap table after

Category Shares (Before) Shares (After) % (Before) % (After) PPS
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Disclaimer:

This SAFE calculator is provided by EquityList for general informational purposes only and is intended to offer illustrative outputs based on a simplified and opinionated model of equity mechanics. It does not constitute legal, financial, taxation or professional advice, nor should it be relied upon as a substitute for formal documentation or professional guidance. Actual outcomes may vary based on transaction terms, executed agreements, negotiations, and jurisdiction-specific requirements. Users should consult qualified legal or financial advisors before making decisions based on these outputs.

EquityList makes no representations or warranties, express or implied, regarding the accuracy, completeness, correctness, reliability, or suitability of this calculator or any results produced by it. Use of this calculator is entirely at your own risk.

EquityList disclaims all liability for any loss, damage, cost, or expense of any kind arising out of or in connection with the use of, reliance upon, or inability to use this calculator or its outputs, including any decisions made or actions taken based on such information.