Total FD Shares:
Share Price:

VC Ownership:
Convert Ownership:
Common Ownership:


Angelcalc models the conversion of safes and/or convertible notes during an equity financing. It uses techniques similar to those used by Microsoft Excel to make its calculations. You may create multiple models of equity rounds with conversions. To get started create a new model.

The values calculated by this model are for comparison purposes only. Their accuracy is not guaranteed by the author. It is likely that this model will differ from Excel models of the same capitalization table, even when the inputs are identical due to rounding errors. No representation is made in any way as to which is the "correct" model in this case.

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