Model how a convertible note converts into equity at your next round — with accrued interest, discount and valuation cap compared side by side.
Existing shares (common + preferred + options) before this round.
Fresh investment from the new investors, excluding your note.
See both conversion mechanics side by side and which one wins for the investor.
Interest compounds and converts too — it's included in the maths.
Understand the dilution from your note holders before the round closes.
All calculations run locally in your browser. Nothing is sent anywhere.
Raise smarter, convert clearer.