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SAFE Mechanics

SAFE (Simple Agreement For Equity) constitute a convenient and increasingly popular seed financing instrument, especially in Silicon Valley. With this tool, you can assess how the characteristics of the SAFE will affect the company's ownership structure and value allocation after a priced round of financing (Series A Preferred or Liquidation).

To use the tool, simply enter the characteristics of the SAFE as well as the financing round in the blue fields below. The tables and figures then show you the allocation of ownership (and value) after a priced financing event.

Any feedback and input for additions/modifications is greatly appreciated. For a comprehensive discussion of all relevant deal elements, please refer to our online module "Deal Structuring (Term Sheets)."

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