How to model ASAs, SAFEs, and convertible notes as a UK company
If your company is incorporated in the United Kingdom and you’ve raised funds using Advance Subscription Agreements (ASAs), SAFEs or convertible notes, it’s important to understand how these investments may convert and affect your ownership in future funding rounds.
Carta's Model your convertible investments tool is designed to help UK companies evaluate:
How ASAs, SAFEs and notes convert into equity
How ownership changes post-financing
How valuation caps, discounts, and longstop valuations impact conversion