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Startup & SaaS

SAFE Note Conversion Calculator

A directional estimate of what a SAFE converts into at a priced round — the real mechanics vary by SAFE type, so treat this as a planning tool, not a legal calculation.

FreeNo sign-upRuns in your browser
$
$
$
$
%
Approximate resulting ownership
+2.5%
Conversion valuation used (lower of cap/discount)
$8,000,000
Value of stake at post-money
$375,000

A simplified model for directional estimates. Actual SAFE conversion mechanics vary by SAFE type (pre-money vs post-money, MFN clauses) — confirm with your cap table software or counsel.

How it works

  1. 1Enter the SAFE investment, cap and discount terms
  2. 2Enter the priced round's pre-money valuation and size
  3. 3See estimated resulting ownership

Who this is for

  • Modelling dilution before a priced round
  • Explaining SAFE mechanics to a first-time founder
  • Sanity-checking a cap table tool's output