Fundwave makes it possible for investors to plug in variables such as valuation caps. discount rates, pre-money valuation and size of the option pool to determine the value of your convertible note after your portfolio company raises a new round.
Go to a portfolio company, and select 'Timeline' from the left menu, followed by the 'model' icon next to a convertible note.
Any other notes being converted: Select the notes being converted alongside your note
To record key clauses such as discount rates and valuation caps, select the details icon on the top-left, or choose the instrument on the timeline.
Capitalization: This section will show you what the cap table would look like if the modelled fundraising round was to be completed.
Click on the Star icon to save the scenario for future reference
Next steps: Record a convertible note conversion