Ithaca Labs · Chapter 2 · The round

Shape what comes next.

Ithaca Labs is considering a $2.5M seed round at a $10M pre-money valuation. Before any term sheet, Alex and Maya can see what it would do: the two angel SAFEs convert, the option pool is topped up to 12% available, new investors take 20%, and the founders’ combined share moves from 90.9% to 62.0% in this scenario. Change an assumption and see how the results change.

Model a roundSee how it works

Free to start. No card required.

The modeller for Ithaca Labs, a sample company: the founders at 90.9% today and 62.0% after a $2.5M seed round, what drives the dilution, and how each angel's SAFE converts

Ithaca Labs is a fictional company. The screens are Promythia’s own, filled with its sample data.

Scenarios, not predictions
Every figure comes from assumptions you set: the amount raised, the valuation, the size of the option pool. Change one and see how the results change.
SAFE and note conversion, made clear
See how each SAFE or convertible note would convert at a priced round on its own terms: its valuation cap, its discount and, for a note, the interest accrued.
This round and the next
Model the round you’re raising and the one after it, and compare saved scenarios side by side.
Round modelling is included in Free. Compare Free and the Promythia Plan →