FinToolSuite

Cap Table Calculator

Updated April 17, 2026 · Investing · Educational use only ·

Startup cap table values.

Calculate company cap table values for founders, employees, and investors. Enter founder shares and employee pool shares for an instant result.

What this tool does

This tool calculates cap table ownership percentages and values for founders, employees, and investors.


Enter Values

Formula Used
Total shares
Price

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Disclaimer

Results are estimates for educational purposes only. They do not constitute financial advice. Consult a qualified professional before making financial decisions.

Capitalization table (cap table) tracks ownership across founders, employees, and investors. Total shares outstanding × latest share price = company valuation. Each stakeholder's % × total = their share value. Critical for valuing equity grants and modeling future dilution.

Founders 6M shares + employee pool 1.5M + investors 2.5M = 10M total shares at 5 = 50M company. Founders own 60% (30M), employees 15% (7.5M), investors 25% (12.5M). Standard early Series A structure. Future rounds dilute existing holders proportionally to new investment.

Cap table evolves through funding rounds. Each new round: new shares issued at higher price, existing % reduced (dilution) but value typically rises. Healthy startup: founders 50-70% pre-Series A, 30-50% pre-Series C, 10-20% at IPO. Heavy dilution beyond these levels signals founder loss of control or hostile investor terms.

Quick example

With founder shares of 6,000,000 and employee pool shares of 1,500,000 (plus investor shares of 2,500,000 and total shares outstanding of 10,000,000), the result is 50,000,000.00. Change any figure and watch the output shift — it's often more useful to see the pattern than to memorise the formula.

Which inputs matter most

You enter Founder Shares, Employee Pool Shares, Investor Shares, Total Shares Outstanding, and Latest Share Price. Not every input has equal weight. Flip one at a time toward extreme values to feel which ones move the needle most for your situation.

What's happening under the hood

Each holder %: shares ÷ total × 100. Value: shares × latest price. Total value: total shares × price. The formula is listed in full below. If the number looks off, you can retrace the calculation by hand — that's the point of showing the working.

Where this fits in planning

This is a "what-if" tool, not a forecast. Use it to test ideas before committing: what happens if the rate is 2% lower than hoped, what happens if you add five more years. The value is in the scenarios you run, not the single answer you get from the defaults.

What this doesn't capture

Steady-rate math ignores real-world volatility. Actual returns are lumpy; sequence-of-returns risk matters most in drawdown; fees and taxes drag on compound growth; and behaviour changes in drawdowns can reduce outcomes below the projection. Treat the number as one scenario, not a forecast.

Example Scenario

Founders 6,000,000, employees 1,500,000, investors 2,500,000 of 10,000,000 × £5 £ = $50,000,000.00.

Inputs

Founder Shares:6,000,000
Employee Pool Shares:1,500,000
Investor Shares:2,500,000
Total Shares Outstanding:10,000,000
Latest Share Price:5 £
Expected Result$50,000,000.00

This example uses typical values for illustration. Adjust the inputs above to match a specific situation and see how the result changes.

Sources & Methodology

Methodology

Each holder %: shares ÷ total × 100. Value: shares × latest price. Total value: total shares × price.

Frequently Asked Questions

Common cap table evolution?
Pre-funding: founders 100%. Seed: founders 60-75%, investors 15-25%, employee pool 10-15%. Series A: founders 40-55%, A investors 20-30%, prior investors retained, expanded employee pool. Each round dilutes ~15-25% of existing holders. By IPO: founders typically 5-15%.
Fully diluted vs outstanding?
Outstanding: actually issued shares. Fully diluted: includes options, warrants, convertibles that could become shares. Always calculate ownership on fully diluted basis - the realistic dilution. Outstanding-only calculations overstate ownership %.
Pro-rata rights?
Investor right to participate in future rounds at same % to avoid dilution. Standard for most investors. Without pro-rata: existing investors diluted by new rounds. With pro-rata: maintain ownership %. Costs investors more capital each round but preserves stake.
Anti-dilution provisions?
Protect investors if down round (next round at lower valuation). Two types: full ratchet (heavy: investor's effective price reset to lowest), weighted average (gentler: blended price). Down rounds rare but devastating - founders should avoid full ratchet terms.

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