This calculator helps founders understand how pro-rata rights affect ownership dilution across funding rounds. Pro-rata rights allow existing investors to maintain their ownership percentage by participating in future rounds.
Round | Amount Raised ($M) | Pre-Money Valuation ($M) | Pro-Rata Exercise % |
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Initial | % | ||
Round 2 | % | ||
Round 3 | % |
Round | Founder % | Investor % | Option Pool % | New Investment |
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What are pro-rata rights? Pro-rata rights give existing investors the option to participate in future funding rounds to maintain their ownership percentage.
Benefits for investors: Allows successful investors to double down on winning companies and maintain their ownership stake.
Considerations for founders: Pro-rata rights can impact your cap table and ability to bring in new investors. Understanding how these rights affect dilution across multiple rounds is crucial for long-term planning.