The system offers several tools for reviewing your company’s equity and financing. These tools and reports are automatically updated with every transaction that is completed. This article will describe the equity and finance reporting functions that are available for view and download from your company workspace dashboard. Please select the link below to be directed to the appropriate location in the article:
- Capitalization Table
- Stock Ledger
- Next Round Planner
- Exit Scenario Planner
- Fundraising Documents
- Fundraising History
- Equity Transactions
- Employee Equity Report
- Equity Promises Report
All of the reports mentioned above can be accessed via the "Equity & Financing" module from the dashboard.
The cap table allows you to see an overview of the equity ownership in your company. For each stockholder in the cap table, you have the ability to drill down and obtain greater detail by clicking the small triangle to the left of their name. This function will list the agreements for each stockholder that have been stored in your data room. To view detailed information about the vesting schedule for each shareholder, click on the small ‘person icon’ on the far right. This is what a cap table in the system looks like.
The Stock Ledger is the authoritative list of stock certificates and ownership, containing a complete list of the stock certificates issued for your company. The ledger does not includes options that have not been purchased. Each line item in the ledger contains links to the purchase agreement and stock certificate from the data room. This is what a stock ledger in the system looks like.
Next Round Planner
The Next Round Planner is an exploratory tool that allows you to envision how your company’s ownership may change in your company’s next theoretical financing.
Exit Scenario Planner
The Exit Scenario Planner is an exploratory tool that allows you to envision how your company’s exit may look regarding company ownership and investment.
The fundraising documents report lists the purchase agreements related to your convertible notes, SAFEs, KISSes, or Stock Purchase Agreements. Where investors purchased stock, there's a "view details" button that shows the purchase agreement and the "view investments" button details each investor, their closing date, and amount of money and shares. Where investors purchased debt, the "view notes schedule" button shows the note number, closing date, principal amount, and whether or not the note has converted. This is what the "Fundraising Documents" report looks like in the system.
The fundraising history report lists the valuation history of your company. It will show you the total amount of money you have raised, and the breakdown between type of financing mechanism (money coming from an equity financing, bridge note, etc.). It will also show a summary of your preferred stock classes and the shares issued. This is what the "Fundraising History" report looks like in the system.
The transactions report lists each grant recipient, date and type of transaction, number of shares and the status of the 83(b) for that recipient along with repurchases, transfers, and option forfeitures. You can export this report by clicking on the "Export Report" button below the heading. This is what the "Equity Transactions" report looks like in the system.
Employee Equity Report
This report lists all of your employee-specific data including, but not limited to employment date, compensation data, option, and share information as well as vesting information. You can export this report by clicking on the three-bar icon (the "hamburger" menu) adjacent to the heading. This is what the "Employee Equity Report" looks like in the system.
Equity Promises Report
This report lists all of the equity promises made by your company. To find this report, look under the "Equity & Financing" heading on your company workspace dashboard:
You can export this report by clicking on the "Export Report" button below the heading. Promises will also be queued for issuing the next time you run the Grant Shares and Options workflow.
Screenshots are for illustrative purposes only.
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