NPU Ventures
SAFE Stack Calculator
Model your post-money SAFE stack and see what your cap table looks like after a priced round. All SAFEs are assumed to be YC post-money. Each SAFE locks its percentage at conversion based on its own post-money cap.
Founders
%
SAFEs
SAFE 1
$
$
SAFE 2
$
$
SAFE 3
$
$
SAFE 4
$
$
Series Seed
$
$
%
The bottom line
Total SAFE dilution
38.2%
Total raised (SAFEs)
$3.25M
Founders post-priced
40.2%
Per founder
20.1%
Tight. A Series A board will start asking who's running the company in five years.
Post-priced cap table
40.2%
24.8%
10.0%
25.0%
FoundersSAFEs (converted)New pool refreshSeries Seed lead
| Holder | % post-priced | $ implied value |
|---|---|---|
| Founders (2) | 40.2% | $6.43M |
| SAFE holders (converted) | 24.8% | $3.97M |
| Option pool (refresh + existing) | 10.0% | $1.6M |
| Series Seed lead | 25.0% | $4M |