Key & Instructions:

Pink boxes are INPUTS. These boxes affect calculations.

Grey boxes are RESULTS. Do NOT enter anything into them.

Green boxes are OPTIONAL INPUTS. They do NOT affect calcuations.

Pre-Round Overview:

Pre-Money Valuation $ 10,000,000

Convertible Securities:

Shareholder Name Amount

ABC Ventures $ 250,000.00

The Angel Group $ 400,000.00

Startup Incubator, LLP $ 100,000.00

$ -

$ -

TOTAL $ 750,000.00

New Investments:

Shareholder Name Amount

Prometheus Capital $ 3,000,000.00

Cottonwood Partners $ 1,000,000.00

$ -
 $ -

$ -

TOTAL $ 4,000,000.00

Post-Round Overview:

Pre-Money Valuation $ 10,000,000.00

Total New Money $ 4,750,000.00

Simple Post-Money Valuation $ 14,750,000.00

Adjusted Post-Money Valuation $ 15,666,666.67

This tab contains an example financing round. Other tabs
contain blank financing rounds for you to fill out.
Additionally, many cells have notes explaining concepts and
calculations. For further insight, you can check the formulas
in the cells themselves.

Pre-Money Shares 5,000,000

New-Round Share Price $ 2.00000

Conversion Cap Conversion Discount Price Per Share

$ 5,000,000.00 20.00% $ 1.00000

$ - 20.00% $ 1.60000

$ 1,500,000.00 0.00% $ 0.30000

$ - 0.00% $ 2.00000

$ - 0.00% $ 2.00000

Price Per Share New Shares

$ 2.00000 1,500,000.00

$ 2.00000 500,000.00

$ 2.00000 -
$ 2.00000 -

$ 2.00000 -

2,000,000.00

Pre-Money Shares 5,000,000.00

Total New Shares 2,833,333.33

Post-Money Shares 7,833,333.33

Dilution from New Round 36.17%

New Shares

250,000.00

250,000.00

333,333.33

833,333.33
Key & Instructions:

Pink boxes are INPUTS. These boxes affect calculations.

Grey boxes are RESULTS. Do NOT enter anything into them.

Green boxes are OPTIONAL INPUTS. They do NOT affect calcuations.

Pre-Round Overview:

Pre-Money Valuation $ -

Convertible Securities:

Shareholder Name Amount

$ -

$ -

$ -

$ -

$ -

TOTAL $ -

New Investments:

Shareholder Name Amount

$ -

$ -

$ -
 $ -

$ -

TOTAL $ -

Post-Round Overview:

Pre-Money Valuation $ -

Total New Money $ -

Simple Post-Money Valuation $ -

Adjusted Post-Money Valuation $ -

This tab contains a blank financing round. Please see the tab
"Sample Financing Round" for an example of one already
filled out. Additionally, many cells have notes explaining
concepts and calculations. For further insight, you can check
the formulas in the cells themselves.

Pre-Money Shares -

New-Round Share Price $ -

Conversion Cap Conversion Discount Price Per Share

$ - 0.00% $ -

$ - 0.00% $ -

$ - 0.00% $ -

$ - 0.00% $ -

$ - 0.00% $ -

Price Per Share New Shares

$ - -

$ - -

$ - -
$ - -

$ - -

Pre-Money Shares -

Total New Shares -

Post-Money Shares -

Dilution from New Round 0.00%

New Shares

-
Key & Instructions:

Pink boxes are INPUTS. These boxes affect calculations.

Grey boxes are RESULTS. Do NOT enter anything into them.

Green boxes are OPTIONAL INPUTS. They do NOT affect calcuations.

Pre-Round Overview:

Pre-Money Valuation $ -

Convertible Securities:

Shareholder Name Amount

$ -

$ -

$ -

$ -

$ -

TOTAL $ -

New Investments:

Shareholder Name Amount

$ -

$ -

$ -
 $ -

$ -

TOTAL $ -

Post-Round Overview:

Pre-Money Valuation $ -

Total New Money $ -

Simple Post-Money Valuation $ -

Adjusted Post-Money Valuation $ -

This tab contains a blank financing round. Please see the tab
"Sample Financing Round" for an example of one already
filled out. Additionally, many cells have notes explaining
concepts and calculations. For further insight, you can check
the formulas in the cells themselves.

Pre-Money Shares -

New-Round Share Price $ -

Conversion Cap Conversion Discount Price Per Share

$ - 0.00% $ -

$ - 0.00% $ -

$ - 0.00% $ -

$ - 0.00% $ -

$ - 0.00% $ -

Price Per Share New Shares

$ - -

$ - -

$ - -
$ - -

$ - -

Pre-Money Shares -

Total New Shares -

Post-Money Shares -

Dilution from New Round 0.00%

New Shares

-
Key & Instructions:

Pink boxes are INPUTS. These boxes affect calculations.

Grey boxes are RESULTS. Do NOT enter anything into them.

Green boxes are OPTIONAL INPUTS. They do NOT affect calcuations.

Pre-Round Overview:

Pre-Money Valuation $ -

Convertible Securities:

Shareholder Name Amount

$ -

$ -

$ -

$ -

$ -

TOTAL $ -

New Investments:

Shareholder Name Amount

$ -

$ -

$ -
 $ -

$ -

TOTAL $ -

Post-Round Overview:

Pre-Money Valuation $ -

Total New Money $ -

Simple Post-Money Valuation $ -

Adjusted Post-Money Valuation $ -

This tab contains a blank financing round. Please see the tab
"Sample Financing Round" for an example of one already
filled out. Additionally, many cells have notes explaining
concepts and calculations. For further insight, you can check
the formulas in the cells themselves.

Pre-Money Shares -

New-Round Share Price $ -

Conversion Cap Conversion Discount Price Per Share

$ - 0.00% $ -

$ - 0.00% $ -

$ - 0.00% $ -

$ - 0.00% $ -

$ - 0.00% $ -

Price Per Share New Shares

$ - -

$ - -

$ - -
$ - -

$ - -

Pre-Money Shares -

Total New Shares -

Post-Money Shares -

Dilution from New Round 0.00%

New Shares