Startup Exit Calculator by Capbase

The tool lets users model a startup’s liquidity event by entering details of multiple financing rounds, including SAFEs, convertible notes, and preferred‑share preferences. It computes the resulting payouts for each shareholder class, applying liquidation preferences, participation rights, and the order of the exit waterfall. Users can see how much each founder, employee, and investor would receive after a sale or IPO.

It is aimed at founders, employees, and investors who need to understand the financial outcome of an exit without manually tracking complex cap‑table calculations. By visualizing the distribution of proceeds, the calculator helps stakeholders evaluate fundraising terms and equity allocations.

What distinguishes it is the integration of cap‑table management with a free, web‑based calculator that automates the waterfall logic across multiple rounds, allowing users to explore different scenarios quickly and see the impact on individual payouts.