Sometimes, you may invest in a portfolio company via multiple funds together. With Fundwave, you can define an allocation ratio and record investment break-ups for each fund at a tap.

Step-by-step guide

  1. Select the asset from the investment summary.

  2. Select 'Details' from the left-menu and go to 'Manage Funds'.


  3. Add the asset to the desired funds.

  4. Enable investment allocation and specify the allocations for each fund.

  5. Select timeline from the left-menu and click the invest button.

  6. Choose a mode of investment - Fundwave offers a large choice of investment instruments to choose from:

    1. Equity: If you're investing in simple common stock
    2. Preferred Stock: If you're investing in shares with special rights related to participation and voting
    3. Debt: Choose debt when lending to a portfolio asset
    4. Convertible Note: When investing in a debt instrument with conversion rights. Some prominent examples are SAFE and KISS notes
    5. Custom Stock: An equity instrument which isn't simple equity or preferred stock. Eg: Warrants, Options, Capital Contribution in a fund
    6. Custom Loan: A loan instrument which isn't typical debt or note.

  7. Create a new instrument by hitting the  icon.

    Enable the "Across funds" toggle and fill-in the key details.
    1. The date of investment
    2. No. of shares issued by the portfolio asset to all your funds.
    3. Share price at which said shares were issued

  8. Verify the allocations on the next step.

  9. Tap Next. Fill-in the fundraising round details. You can also link with an existing round, if one has been created earlier.

  10. Tap the post button. The timeline will update to show the investment transaction.

Next: Value your portfolio assets


  1. What if the investment is done in a local currency?
    The screen will automatically update to show input fields for FX-rate and local currency amounts. Read more on how to define an asset's local currency here.

  2. The company's local currency changed after our fund's initial investment. Is there a way to reflect this on Fundwave?
    Yes, you can update the asset's local currency and continue to record future transactions in the new currency. Note that this will not modify any historical transactions.

  3. Our fund invested in two instruments of different currencies. Is there a way I can record this on Fundwave?
    Yes, you can choose the investment currency at the time of creating a new instrument.

  4. Will I still need to input shares if I invest in convertible notes or debt?
    The screen will automatically update to hide input fields for shares and share price.

  5. I invest in other private funds. Can I track capital calls on a granular level and see how much was called for investments, management fees and so on.
    Yes, we can help set-up your instance accordingly. Get in touch with us at [email protected]

  6. I have multiple bank accounts. How do I track investments for different accounts.
    We can help set-up your instance accordingly. Get in touch with us at [email protected]
  • No labels