Follow one raise from first share to final close.
Scroll, and watch a company move through the whole capital lifecycle — set up its cap table, issue an instrument, open a compliant offering, take subscriptions, settle funds, and close — with every step on an append-only ledger.
↓ Scroll to begin
Start with a single source of truth.
The company sets up its cap table as a ledger — founders, holders, the option pool — each a locked entry. Nothing is overwritten; everything is derived.
Every holding is an entry on the ledger — not a cell you can quietly edit.
- Founders — common2023·016,000
- Option pool2023·011,500
Issue equity or debt — it's all an instrument.
Issue a SAFE, note, convertible, options, or a facility; it appends and the fully-diluted picture updates.
Equity and debt, the same auditable way.
Open the round — with the rules built in.
Open an offering and set its mode and terms; eligibility, accreditation, and jurisdiction gates attach automatically and apply before any investor sees the deal.
Compliance isn't a checkbox at the end — it's the door.
Only the right investors get through.
An investor requests access; the gates run first — verification, accreditation, jurisdiction — and only on clearing does the deal become visible.
Gates before the deal — never the other way around.
Subscribe, on the record.
A cleared, eligible investor subscribes for an amount; the commitment is recorded and enters the deal pipeline.
A commitment is logged the moment it's made.
Funds settle. The round closes.
Funding moves through a managed, secure transaction; as commitments fund, the pipeline advances and the round closes — every movement logged.
From commitment to close, every step is traceable.
The ledger updates — and personal data stays consent-first.
New holdings land on the cap table automatically; any personal profile is consent-first — published only on permission, revocable in an instant.
Records update themselves. Consent stays revocable.
- consent granted — profile published09:14:02
That’s the lifecycle: set up, issue, offer, subscribe, fund, close — compliant the whole way.
Every stage runs on an append-only ledger with gates enforced in code — and a specialist can help you through any of it.