Originally published: 28/03/2022 10:26
Publication number: ELQ-82631-1
View all versions & Certificate
Publication number: ELQ-82631-1
View all versions & Certificate
Startup / SME Cap Table Excel Model with Multiple Investing Rounds
Flexible capitalisation table Excel model for startup / SME companies showing shareholding, voting rights and investment returns by investor group
Description
PURPOSE OF MODEL
User-friendly Excel model for compiling a capitalisation table for a startup or SME company showing the different shareholding percentages, voting percentages, equity valuations, investment return and IRR for different investors and across multiple investing rounds.
The model is flexible allowing the user to input up to 15 different investor group across 8 different capitalisation events and 3 different share capital classes (eg ordinary A, ordinary B and preference shares). Capitalisation events include new equity raises, SAFE or convertible bond conversions to equity, provision of stock options and share transfers.
The model follows best practice financial modelling principles and includes instructions, checks and input validations.
KEY OUTPUTS
The model is generic and not industry-specific. The key outputs presented in both table and chart format include:
- Breakdown of shareholding and voting rights by investor group
- Investment return and IRR by investor group
- Pre / Post-money equity valuations across capitalisation events
- Share class splits across capitalisation events
KEY INPUTS
Inputs are split into setup inputs and capitalisation event assumptions. All inputs include user-friendly input validations to help users populate correctly.
Setup inputs include:
- Business names
- Business currency
- Share capital classes including nominal value and voting rights per class
- Capitalisation events including name, date and type
- Investor group naming
Capitalisation event inputs include:
- Pre-money equity valuations
- Equity investment amount or number of shares depending the capitalisation event type
- SAFE/Bond conversion price per share only applicable for SAFE/Bond equity conversions.
MODEL STRUCTURE
The model contains, 6 tabs split into input ('i_'), calculation ('c_'), output ('o_’) and system tabs. The tabs to be populated by the user are the input tabs ('i_Setup' and 'i_Assumptions'). The calculation tab uses the user-defined inputs to calculate and produce the cap table outputs which are presented in ‘o_Charts’
System tabs include:
- A 'Front Sheet' containing a disclaimer, instructions and contents;
- A Checks dashboard containing a summary of checks by tab.
KEY FEATURES
Other key features of this model include the following:
- The model follows best practice financial modelling guidelines and includes instructions, checks and input validations;
- The model is not password protected and can be modified as required following download;
- The model is screened using specialised model audit software to help ensure formula consistency and significantly reduce risk of errors;
- -The model allows for the following number of underlying categories for each line item (these can be easily expanded if required):
o Capitalisation events – 8 events;
o Investor groups – 15 groups
o Share classes – 3 classes
o Capitalisation types – 4 types including equity raises, share transfers, stock options and SAFE/Bond equity conversions.
- Business Name and currency are fully customisable
- The model includes instructions, checks and input validations to help ensure input fields are populated accurately;
- The model includes a checks dashboard which summarises all the checks included in the various tabs making it easier to identify any errors.
MODIFICATIONS
If you require any be-spoke modifications to the tool, we are more than happy to assist with this. Please send us a private message or contact us on: [email protected]
ABOUT PROJECTIFY
We are a small team of financial modelling professionals with experience working in big 4 business modelling teams and strong experience supporting businesses with their financial planning and decision support needs. Our aim is to provide robust and easy-to-use tools that follow good practice financial modelling guidelines and assist individuals and businesses with common financial planning and analysis processes.
We are keen to ensure our customers are satisfied with any tools / models purchased and happy to assist with any questions or support required following or in advance of purchase.
We are keen to receive feedback so please do let us know what you think of our models by sending us a message or submitting a review.
PURPOSE OF MODEL
User-friendly Excel model for compiling a capitalisation table for a startup or SME company showing the different shareholding percentages, voting percentages, equity valuations, investment return and IRR for different investors and across multiple investing rounds.
The model is flexible allowing the user to input up to 15 different investor group across 8 different capitalisation events and 3 different share capital classes (eg ordinary A, ordinary B and preference shares). Capitalisation events include new equity raises, SAFE or convertible bond conversions to equity, provision of stock options and share transfers.
The model follows best practice financial modelling principles and includes instructions, checks and input validations.
KEY OUTPUTS
The model is generic and not industry-specific. The key outputs presented in both table and chart format include:
- Breakdown of shareholding and voting rights by investor group
- Investment return and IRR by investor group
- Pre / Post-money equity valuations across capitalisation events
- Share class splits across capitalisation events
KEY INPUTS
Inputs are split into setup inputs and capitalisation event assumptions. All inputs include user-friendly input validations to help users populate correctly.
Setup inputs include:
- Business names
- Business currency
- Share capital classes including nominal value and voting rights per class
- Capitalisation events including name, date and type
- Investor group naming
Capitalisation event inputs include:
- Pre-money equity valuations
- Equity investment amount or number of shares depending the capitalisation event type
- SAFE/Bond conversion price per share only applicable for SAFE/Bond equity conversions.
MODEL STRUCTURE
The model contains, 6 tabs split into input ('i_'), calculation ('c_'), output ('o_’) and system tabs. The tabs to be populated by the user are the input tabs ('i_Setup' and 'i_Assumptions'). The calculation tab uses the user-defined inputs to calculate and produce the cap table outputs which are presented in ‘o_Charts’
System tabs include:
- A 'Front Sheet' containing a disclaimer, instructions and contents;
- A Checks dashboard containing a summary of checks by tab.
KEY FEATURES
Other key features of this model include the following:
- The model follows best practice financial modelling guidelines and includes instructions, checks and input validations;
- The model is not password protected and can be modified as required following download;
- The model is screened using specialised model audit software to help ensure formula consistency and significantly reduce risk of errors;
- -The model allows for the following number of underlying categories for each line item (these can be easily expanded if required):
o Capitalisation events – 8 events;
o Investor groups – 15 groups
o Share classes – 3 classes
o Capitalisation types – 4 types including equity raises, share transfers, stock options and SAFE/Bond equity conversions.
- Business Name and currency are fully customisable
- The model includes instructions, checks and input validations to help ensure input fields are populated accurately;
- The model includes a checks dashboard which summarises all the checks included in the various tabs making it easier to identify any errors.
MODIFICATIONS
If you require any be-spoke modifications to the tool, we are more than happy to assist with this. Please send us a private message or contact us on: [email protected]
ABOUT PROJECTIFY
We are a small team of financial modelling professionals with experience working in big 4 business modelling teams and strong experience supporting businesses with their financial planning and decision support needs. Our aim is to provide robust and easy-to-use tools that follow good practice financial modelling guidelines and assist individuals and businesses with common financial planning and analysis processes.
We are keen to ensure our customers are satisfied with any tools / models purchased and happy to assist with any questions or support required following or in advance of purchase.
We are keen to receive feedback so please do let us know what you think of our models by sending us a message or submitting a review.
This Best Practice includes
1 Excel Model, 1 PDF Example
Further information
Compiling a capitalisation table for a startup or SME company showing the different shareholding percentages, voting percentages, equity valuations, investment return and IRR for different investors and across multiple investing rounds.
