Enter the shares, the price and the note terms once. Positions, valuations, carry, K-1 workpapers and investor statements all compute from there. Nothing lives in a side spreadsheet.
Shares issued, price per share, the date, and a note’s cap and discount. That is the entry, and there is no second copy of it anywhere.
Your spreadsheet takes the valuation off the term sheet, then disagrees with the fully diluted share count on the next tab. The stacked notes underneath never get counted at all. One source for the facts means nothing to reconcile.
Upload the SAFE or stock purchase agreement along with a cap table. Capradix reads them and saves the round information and shows you the exact words they came from. Nothing is saved until you confirm. See a worked example.
The deck, the data room and the pitch video on one page, with a discussion thread every investor in the deal can read. An investor names an amount, sees the wire with the admin fee added, and confirms when ready. Reminders go out the day before the deadline and when it passes.
Cap the deal or take everyone pro rata to the cent. Approve, mark each wire received, then close. The round’s shares follow the money that actually arrived, every contribution is already recorded, and the round publishes to the investors who wired. Nothing is typed twice.
Your deal-flow tool still finds and screens the companies; the deal room takes over at the term sheet.
Founders already send investor updates. Have them sent to your Capradix address, or forward the ones you get. Capradix reads each one: which company, which month, the revenue, the cash, the customers, even a figure that only appears in a chart, and the news and the asks.
You check it and confirm. The KPIs land on the company and the narrative waits for you to publish it to your investors. Companies that haven’t sent one get a reminder from your group, once a quarter.
Those numbers can carry the valuation, too. Value a company at a multiple of its revenue, but only once its last round is older than you choose, say eighteen months. A new priced round or SAFE resets the clock. See how it works.
Three notes at different caps, one uncapped, two with discounts. A three-for-one split, a conversion at the Series B price, an acquisition, one investor selling part of a stake to another. Record the event; every figure downstream follows.
After a down round, a 3x participating Series A can leave the seed worth far less than its pro rata share. Run the valuation through the preference stack and see what each class is actually worth, and why.
Propose the next round with its terms and see what you own and what it is worth if you invest or pass, with every SAFE converted by its own paper. Then run it out to an exit at any valuation, through the preference stack and the carry, down to each investor. See a worked example.
Money sits in trusts, IRAs and LLCs, not in people. Distributions and K-1 data land on the entity that actually holds it.
Fee-inclusive hurdles. Pooled per fund or gated per round. Partial exits where one investor sold and the rest held. Clawback floors. And one report that reconciles the carry owed against the carry booked and paid. See a worked example.
They sign in and see their own positions, their distributions, each company’s update and KPIs, and their own K-1. Their statement prints as of any quarter-end. You stop building statements by hand.
News to share? Write to everyone in a company, fund or SPV from its page. Investors and carry holders are already listed; no mailing list to keep up.
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.
Export the K-1 workpaper: one row per entity per vehicle, with contributions, distributions, carry, tax ID and an entity code. Your accountant prepares the K-1s from it.
When the PDFs come back, upload the whole zip. Capradix matches each file to its entity by that code or by name, shows you every match before writing anything, lists who is still missing one, and emails each investor once.
No file is ever guessed. An unmatched file waits for you to place it.
Pipeline, applications and screening stay where they are. Capradix starts at the term sheet: the deal room, the wires, the round, the conversion, the distribution, the K-1.
A tracker holds the numbers you typed into it. If the valuation, the ownership and the carry came out of a spreadsheet, the spreadsheet is still your system of record. Capradix holds only the facts and computes the rest, so the figure on the screen is the source, not a copy.
Send us your export. We load it, and you compare.
A SAFE with a cap and a 20% discount, not yet converted. Do you carry it at the cap, or at the cap less the discount? Set it once and every valuation, statement and carry figure follows it.
Settings are dated from the day they took effect, so changing a convention this year does not rewrite last year. Ask what a position was worth on any past date and the ledger answers. When a fact is corrected, the old value, the new value, who changed it and why stay with the record.
Every fact you have entered, downloadable as CSV, whenever you want. Edit a batch in a spreadsheet and upload it back, hundreds of rows at a time.
Uploads preview first. Capradix runs the whole file, shows you exactly what would change, and rolls it back until you say go.
Quarter-end statements, valuation updates, distribution waterfalls and K-1 workpapers. Capradix computes all four from the rounds you already entered.
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