Cap Table

Definition

A capitalization table (cap table) is the ledger of who owns what in a company: founders, investors, employees, and option holders, with share counts and percentages.

How it comes up in fundraising

Every financing reshapes the cap table; investors read it in diligence to check ownership, past terms, and whether founders retain enough equity to stay motivated.

Frequently asked questions

What does a clean cap table look like?

Few entities, standard terms, documented SAFEs, a right-sized option pool, and founders holding a healthy majority before Series A.

What are common cap table mistakes?

Stacking too many SAFEs at low caps, giving large chunks to departed co-founders without vesting, and forgetting the option pool in dilution math.

Round Funded resources

Cite this term

Round Funded. "Cap Table." Startup Fundraising Glossary.

Stable URL, it will not change: https://www.roundfunded.com/en/glossary/cap-table

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