Ownership changes
Close a funding round in Cap Table
Review investor allocations, preferred classes, convertible certificates, and equity-plan top-ups before applying a modeled financing.
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Reconcile the model before closing
Use Round modeling to finalize the proposed valuation, new investment, and pool target. Check holder records, convertible terms, class rights, and current plan capacity against the signed financing records.
A saved scenario is a set of assumptions. Closing applies records to the company. Export a backup and resolve unexplained model differences before starting the close workflow.
Select the class, investors, and plan
Choose or create the preferred share class for the round. Allocate the new investment to the actual investors, using existing stakeholders where appropriate. Confirm the total allocation matches the proposed investment.
Select the destination equity plan for a pool top-up and review its terms. A company-wide target does not identify which plan should receive the reserve increase. The closing date must remain consistent with the source instruments and resulting certificates.
Review all proposed records together
Read the preview of new-investor certificates, conversion certificates, converted source instruments, and the reserve change. Review any anti-dilution adjustment in the model. Check names, quantities, prices, and effective dates rather than only the post-round percentages.
Integer share counts and rounding can differ from a financing spreadsheet’s intermediate precision. Reconcile final quantities and monetary allocations before confirming. A restore point is taken before applying the close.
Verify the result and retain the evidence
After the save completes, inspect the post-round cap table, investor statements, linked converted instruments, plan balance, and History. Export the final report with its basis and date.
The workflow records the financing; it does not sign agreements, obtain approvals, or transfer investment funds. If a save is interrupted, follow recovery prompts and inspect the result before trying to close again. See Troubleshooting and recovery.