See dilution before a round closes, not after
Always-accurate ownership data with scenario modeling for future rounds — so founders and finance teams can see the impact on ownership before terms are finalised.
Model a round before it closes
See how a proposed new round would change ownership percentages before the terms are finalised, instead of finding out after the paperwork is signed.
Grounded in your real cap table
Scenarios are modeled against your actual, current ownership record — not a spreadsheet copy that was accurate the day someone last updated it.
Dilution visibility across every stakeholder group
See the modeled impact on founders, existing investors, and the ESOP pool side by side, not just the incoming investor’s stake.
Always-accurate starting point
Because the underlying cap table updates in real time with every event, every scenario you model starts from current numbers.
Modeling a round before the term sheet is signed
Consider a startup in early conversations for a new priced round. Before agreeing to terms, the founders and finance team want to see how the proposed investment and an ESOP pool top-up would change everyone's ownership percentage — founders, existing investors, and the pool itself. Instead of asking counsel to build a one-off spreadsheet model that goes stale the moment another transaction happens, they model the scenario directly against the company's current, real-time cap table, so the projected dilution is grounded in where ownership actually stands today.
- 1Proposed round size and an ESOP pool top-up are entered as a scenario
- 2Modeled dilution is shown for founders, existing investors, and the ESOP pool
- 3Finance team shares the scenario with the board ahead of finalising terms
- 4Once the round actually closes, the real issuance is recorded and the cap table reflects it directly
Common questions about scenario modelling
How is scenario modeling different from a manually built spreadsheet model?
A spreadsheet model is a copy of your cap table at whatever point someone last exported it. Tabulate's scenario modeling is run against the live, current ownership record, so the dilution it shows for founders, investors, and the ESOP pool reflects where the company actually stands today.
Does modeling a round change the live cap table?
No. A modeled scenario is kept separate from your actual ownership record until the round closes — it lets founders and finance teams see the projected impact ahead of time without recording any real transaction.
Can we model an ESOP pool top-up alongside a new round?
Yes. Since Tabulate's real-time cap table already tracks the ESOP pool, a proposed top-up can be modeled as part of the same round scenario, so its dilution effect on founders and existing investors is visible before the round closes.
Ready to model your next round?
Book a demo and we'll walk through modeling a funding round against your current cap table.