Snapshot
As of Apr 25, 2026§ 01 / Carta
Fully Diluted
9,847,213
+15,000 this wk
Option Pool Remaining
8.2%
↓ from 9.1%
Founders' Stake
61.4%
no change
▲ Analysis
Option pool runway is the watch item. At your current grant pace (~15K shares/month), the remaining pool exhausts in roughly four months. Investors at Series A typically require a refreshed 10–15% pool pre-money, meaning founders absorb the dilution. Modeling this now — rather than negotiating it under term-sheet pressure — preserves leverage.
Recent Transactions
§ 02 / Carta ledger
Apr 24, 2026
Option grant issued
15,000 ISOs to new VP Engineering hire (4-yr vest, 1-yr cliff).
Apr 22, 2026
SAFE conversion modeled
Pre-seed SAFE ($500K @ $8M cap) projected to convert to ~5.9% at $10M Series A pre-money.
Apr 15, 2026
Stakeholder ledger refreshed
Quarterly reconciliation against Carta source-of-record completed; no discrepancies.
SAFE & Convertible Schedule
§ 03 / Carta
| Investor | Amount | Cap | Projected at Series A |
|---|---|---|---|
| Northpoint Capital | $500K | $8M | ~5.9% |
| Founders' Friends Syndicate | $250K | $8M | ~2.9% |
| Coastal Angels | $150K | $10M | ~1.4% |