For Founders, Investors & OperatorsPRIVATE MARKETS, MODELED.
Financial models & workbenches

See how the decisions
fit together.

Move from a single calculation to a connected financial model. Follow a company from capital requirement through financing structure to ownership and investor economics. Or begin with a fund and connect capital allocation to portfolio outcomes and LP returns.

Explicit assumptionsInspectable resultsSaved to your workspace
Capital requirement

Operating Plan & Runway

Connect revenue, collections, hiring and financing in a monthly cash plan. Compare Base, Bear and Bull, then trace each balance to its assumptions.

Build an operating plan
  1. Revenue & costs
  2. Cash movement
  3. Runway
  • Monthly cash reconciliation
  • Revenue, team & financing
  • Scenario comparison
Financing structure

Financing Scenarios

Compare financing amount, timing and structure against the same operating plan. See how equity, SAFE and debt choices change runway, repayment obligations and ownership.

Compare financing scenarios
  1. Capital requirement
  2. Financing alternatives
  3. Cash & ownership
  • Frozen operating cases
  • Equity, SAFE & debt comparison
  • Reviewed model handoffs
Ownership & investor economics

Cap Table & Liquidation Waterfall

Replay issuances, employee equity and financing rounds. Understand how preferred terms change ownership and the proceeds each holder receives at exit.

Model capitalization & exits
  1. Financing history
  2. Capitalization
  3. Exit proceeds
  • Transaction-driven ownership
  • Multiple preferred classes
  • Exit proceeds & conversion elections
Fund & investor economics

Fund / Portfolio Construction & Returns

Build a fund from commitments, dated checks and follow-on reserves. Follow portfolio realizations and remaining value through fund costs, whole-fund carry and LP net returns.

Build a fund portfolio
  1. Commitments & deployment
  2. Portfolio value
  3. LP distributions & net NAV
  • Dated calls, checks & reserves
  • Portfolio gross & LP net returns
  • Optional reviewed Cap Table positions
The analytical foundation

Every total has a reason.

Workbenches preserve the assumptions and transactions behind their results. Review the model conventions, explore alternatives and export a portable JSON document to keep your work.

Full model access is available at no cost during Open Beta. Create an Analytics account to save your models to your workspace and return to them on another device.

Looking for a focused financial question? Explore the calculator library. Currency selection changes denomination and formatting; it does not convert amounts.

Educational and analytical tools. The models do not interpret legal documents or provide investment, legal, tax or accounting advice.