Series A Equity Calculator

This Series A Equity Calculator estimates the ownership percentage issued to new investors and the implied post-money capitalization. It helps founders, employees, and finance teams translate investment terms into ownership outcomes.

Enter the pre-money valuation and new investment. Optional existing fully diluted shares let the calculator estimate a financing price per share and new shares issued. The calculation is simplified and excludes option-pool changes, warrants, convertible instruments, and transaction-specific rights.

Inputs

USD
USD
shares
USD
Result
New investor ownership
Post-money valuation
Investor ownership
Price per share
Estimated new shares

1. Enter pre-money value
Use the negotiated value immediately before the new financing.

2. Enter the investment
Add the amount invested by the new Series A investors.

3. Add existing shares
Use the fully diluted pre-financing share count when estimating price per share.

4. Include other new equity
Optionally add other equity value issued at the financing.

5. Review ownership
Check investor ownership, post-money value, and estimated shares issued.

Post-money valuation = Pre-money valuation + New investment + Other new equity value Investor ownership = New investment / Post-money valuation Price per share = Pre-money valuation / Existing fully diluted shares New shares = New investment / Price per share

The model assumes all new equity is priced consistently and treats the entered share count as fully diluted. Actual legal documents may define capitalization differently.

What the result means

Investor ownership is the new investment divided by the resulting post-money capitalization.

Use the company capitalization table and financing documents for transaction-level ownership analysis.

Given

  • $24,000,000 pre-money valuation
  • $8,000,000 investment
  • 12,000,000 existing fully diluted shares
  • No other new equity

Calculation

Post-money = $24,000,000 + $8,000,000 = $32,000,000. Ownership = $8,000,000 / $32,000,000 = 25%. Price per share = $24,000,000 / 12,000,000 = $2.00.

Result

New investor ownership = 25.00%.

The investor would receive about 4,000,000 shares under the simplified assumptions.

Is investor ownership based on pre-money or post-money value?

Ownership is based on post-money value because the investment becomes part of the company capitalization.

What share count should be entered?

Use the fully diluted pre-financing count if that is how the term sheet defines pricing.

Does this include an option-pool increase?

Only if you include its value in other new equity. A precise option-pool shuffle requires cap-table modeling.

Can multiple investors be combined?

Yes. Enter their total investment to estimate the group ownership, or run them separately only if terms are identical.

Why might legal ownership differ?

Preferred rights, convertible securities, warrants, pool adjustments, and capitalization definitions can alter the final result.