Ledgy makes it easy to get started with equity management. Here’s a quick resource on some basic concepts and a brief outline on how to onboard with Ledgy.
Ledgy considers a stakeholder every person with an interest in your company’s cap table. For example people with a stake in the company such as investors, employees or founders, and, people who are collaborating with you on your cap table such as lawyers or advisors.
Every account has an assigned access level.
Portfolio for accounts that only need to see what their stake in your company looks like. This access level is used, for example, for investors or employees.
View-only accounts can access all of your company data, but can’t change any.
Admin accounts can access and edit all of the company data.
Ledgy’s Cap Table is built out of transactions. A transaction is an event such as investment, convertible loan, employee option pool, employee grant...
Before you click the Publish button, all transactions you’ve entered will be visible only to users Admin access level. After you click Publish, the Portfolio and View access level can see the published transactions.
Historic Round adds one round of financing. For example, a company has gone through Seed, Series A and last week through Series B round, can add each of the rounds separately with the historic round.
1. Creating a company
2. Adding Share Classes
You can also specify the class’ voting rights, dividend right, liquidation preference, anti-dilution or add notes.
3. Adding Stakeholders
You can also add people that you just want to give access to your cap table e.g. lawyers or advisors.
You will be able to edit the stakeholders later and add more information, such as the group they belong to (founders, employees, investors…), their address, nationality, birth date, and notes.
4. Cap Table
First, add the Financing round of your first cap table event which is Incorporation.
Then add the financing rounds. You can copy-paste the data from your existing spreadsheet.
5. Invite Stakeholders
This step allows you to quickly invite the stakeholders and start collaborating. You can then send them reports, KPIs, documents and ease the process of investor and employee relations
What happens when you click Complete setup?
Happy cap tabling!