A cap table you actually maintain.
Ownership starts simple and gets complicated fast: a co-founder, a SAFE, an option pool, a priced round. Most founders track it in a spreadsheet until it quietly stops matching reality, right when an investor asks to see it. Your cap table lives in your Business OS dashboard, always current, so every SAFE, note, grant, and round is captured and investor-ready the moment it is needed.
The single source of truth for who owns what.
A cap table is the record of your company's ownership: who holds shares, how much, and what could dilute them. It sounds simple, and at the start it is, but every SAFE, convertible note, option grant, and financing round changes the math. Tracked in a spreadsheet, it drifts out of date, and the gap only surfaces when an investor or acquirer asks for an accurate table. Your cap table lives in the Business OS dashboard instead, updated as ownership events happen, so it is always current and always ready to export in the form investors expect.
Ownership, modeled and maintained.
The cap table does more than list holders. It captures every instrument, models the future, and produces what a round or a sale requires.
- SAFE and note tracking. Every SAFE and convertible note recorded, with the terms that decide how it converts later.
- Equity grant tracking. Option grants and vesting for your team, tied to the pool they draw from.
- Round-by-round modeling. Model a new financing and see exactly how it changes ownership before you sign.
- Investor-ready exports and waterfall. Produce the table investors expect, and a waterfall showing who gets what in an exit.
For any company with more than one owner.
The moment ownership involves more than a single founder, a real cap table pays off. It becomes essential the closer you get to raising money.
- Startups with co-founders, investors, or an option pool
- Companies that have issued SAFEs or convertible notes
- Founders raising a round who need an accurate, exportable table
- Teams granting equity who need to track vesting and dilution
- A single-owner LLC with no outside investors or equity grants
- Businesses that will never raise money or issue equity
- Companies that have not yet incorporated, which most fundraising requires
- Owners who only need a one-time ownership document, not ongoing tracking
Most venture financing happens in a corporation, not an LLC. If you plan to raise, forming or converting to a corporation usually comes first.
Every event that moves ownership.
The cap table records the instruments and events that change who owns the company, and turns them into the views investors and boards rely on.
Because it lives with your entity and equity data, the cap table stays consistent with the grants your team actually receives through People and Payroll.
From a spreadsheet to a living record.
- 1Bootstrap from what you have
We import your existing ownership, from a spreadsheet or your formation documents, into the dashboard.
- 2Log every event
New SAFEs, notes, grants, and rounds are recorded as they happen, so the table never drifts.
- 3Model scenarios
See what a new round or grant does to ownership and dilution before you commit.
- 4Export for investors
Produce an investor-ready cap table and waterfall whenever they are asked for.
A stale cap table costs you at the worst time.
An out-of-date cap table surfaces exactly when it hurts most, mid-raise or mid-sale, when a wrong number can delay or reprice a deal. Keeping it live, next to the entity and equity it describes, means the accurate answer is always ready.
Ownership events are logged as they happen, so the table never quietly drifts.
See the dilution a round or grant creates before it is final.
Produce the table and waterfall diligence expects, on demand.
One-time or part of your Business OS, priced up front. See pricing →
Around your ownership.
The entity most venture financing is done in.
Explore → Grant equityPeople & payrollWhere the option grants on your cap table are administered.
Explore → The numbersBooks & financeKeep the financials investors review as current as your cap table.
Explore → Store the docsDocument vaultKeep signed SAFEs, grants, and round documents together.
Explore →Cap table, answered.
Can I move my cap table over from a spreadsheet?
Yes. We bootstrap your cap table from your existing spreadsheet or your formation documents, then keep it current from there, so you are not starting from scratch or re-entering history.
Does it handle SAFEs and convertible notes?
Yes. Every SAFE and note is recorded with its cap and discount, so when a priced round happens, the conversion and the resulting dilution are modeled correctly instead of guessed.
Can I see what a new round would do before I raise?
Yes. You can model a round and see the new ownership and dilution before anything is signed, and produce a waterfall showing who receives what in an exit. Most venture rounds happen in a corporation.
How does this connect to equity for my team?
Option grants tracked here tie into the equity administered through People and Payroll, and into the 409A valuation you need to set a defensible strike price.
Is my ownership data secure?
Yes. The cap table runs on SOC 2 Type II audited infrastructure with encrypted transport, and your signed documents live in your encrypted document vault.