An auditable cap table you can actually trust
Cap Table tracks every share class, option grant, warrant, SAFE, and convertible at the security level — not as line items in a spreadsheet — so the math is always right.
Why it exists
A cap table is not a list of percentages. It is a ledger of legal instruments. Treating it like a spreadsheet is how dilution math goes wrong, option pools get double-counted, and waterfall outputs disagree between counsel and the founder.
What you get
Security-level ledger
Every certificate, grant, SAFE, note, and warrant tracked as a discrete instrument with full history.
Round modeling
Price a round, apply pro-rata, refresh the pool, and see the post-money table before signing.
Waterfall analysis
Compute liquidation proceeds across preference stacks, participation, and caps.
Stakeholder views
Generate clean, role-appropriate summaries for any holder, counsel, or auditor.
Numbers that match counsel's
Forge's cap table engine is built on the same instrument model used by securities lawyers. The output reconciles to legal documents by design — no more “the spreadsheet says X, but the docs say Y.”