Simple Agreement for Future Equity — angel investor equity calculator
SAFE vs Discount: A SAFE investor gets the BETTER of either (a) the valuation cap price, or (b) the discount price. The cap sets a maximum valuation — if the next round is at a higher valuation, the cap price (cap/shares) gives more shares. If the next round is at a lower valuation, the discount gives more shares.
Post-Money SAFE: Most modern SAFEs (YC standard since 2018) are post-money, meaning the cap is calculated against the post-money valuation — giving investors certainty about maximum dilution.
Track your startup portfolio, manage SAFE agreements, and calculate returns with these platforms:
Carta — Cap Table Management →From equity management to incorporation, these tools help founders navigate SAFEs, equity grants, and incorporation.
Gusto Equity Guide → Stripe Atlas — Incorporate → 🏠 DoorLoop — Property Management Software ($250/qualified referral)FTC Disclosure: This link is an affiliate link. We may earn a commission at no extra cost to you if you sign up through this link. This compensation helps support this free calculator.
For educational purposes. SAFE terms vary. Consult a securities attorney before making any investment. This calculator uses simplified assumptions and does not account for option pools, liquidation preferences, or MFN clauses.
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