capradix

Retire the spreadsheet that runs your venture group.

Capradix computes positions, valuations, carry and investor statements from a single entry. One round in, every number updated.

Northwind Robotics as of 30 Jun 2026
Valuation$41,500,000
Ownership6.42%
Net TVPI3.14x
Net IRR27.8%
Derived from
Note, $4M cap, 20% discountMar 2022
Converted at $1.85/shareNov 2023
3:1 split, then Series BFeb 2026

A round closes. You type it once.

Today that same round goes into the financing sheet, the valuation tab, the carry sheet, the statements and the K-1 workpaper. Five chances to disagree with yourself.

  • Financing sheet
  • Valuation sheet
  • Carry tab
  • Investor statements
  • K-1 workpaper
  • Capradix

The math you would rather not do by hand

Stacked notes and SAFEs

Three notes at different caps, one uncapped, two with discounts. Each one changes what the others own. Capradix prices all of them, before and after conversion.

Splits, conversions, exits

Three-for-one split. Note converts at the Series B price. Warrant exercised. Company acquired. Record the event; every figure downstream follows.

Any date you ask for

What was the position worth on 30 June 2023? Nothing is ever overwritten, so the answer is still there.

Down to the trust

Money sits in trusts, IRAs and LLCs, not in people. Distributions and K-1 data land on the entity that actually holds it.

Carry, including the ugly parts

Fee-inclusive hurdles. Pooled per fund or gated per round. Partial exits where one investor sold and the rest held. Clawback floors.

Investors ask themselves

They sign in and see their own positions and distributions. You stop building statements by hand at quarter end.

For funds

Pooled funds, same system

Commitments set each LP's economics. Capital calls draft themselves. Paid-in capital never gets confused with capital you actually deployed.

Preferred return compounds per capital lot. The GP catch-up follows it. Every distribution replays the whole waterfall.

Waterfall
01Return of paid-in capital
02Preferred return
03GP catch-up
04Carry split
Gross MOIC
over invested
TVPI · DPI · RVPI
over paid-in

Bring your workbook. We will show you the same numbers.

Capradix is opening to a small number of venture groups and funds.

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