This article includes:
Total Share Pool Size
Convert to Share Type
(Optional) Skip shareholder resolution
Articles of Association
Finish Defining the Scheme
Documents for Approval
Always Require Signature:
May Require Signature (only if investor consents were selected during funding round):
Signing the Documents
Note: you can skip the valuation setup if you already have an approval from HMRC.
Download the valuation template from the platform.
Fill in the template, which will calculate your company’s valuation.
Upload the filled-out spreadsheet back to the platform.
Enter the Actual Market Value and Initial Unrestricted Market Value based on the spreadsheet’s calculation.
Specify the requested start date for the valuation to HMRC.
Include the number of shares, price per share, etc.
Provide your HMRC Company Reference and any other relevant details for the valuation.
The information is saved to generate the VAL231 form for HMRC submission.
Confirm on the platform that the valuation has been sent. The status will change to "Approval Pending."
Once HMRC approves, mark the status as approved on the platform.
If not approved, you can start a new valuation process anytime.
On a particular day: Set a date when the shares will vest.
Regular monthly/quarterly/annual vesting between anniversary years: Shares vest gradually at set intervals over time.
On an anniversary: Shares vest on a specified anniversary.
On a specific condition: Vesting is contingent on a milestone, such as reaching a company target.
On exit only: Shares vest upon an exit event (e.g., company sale or IPO).
Create documentation
Invite the recipient to the platform
Once the options are granted, you can track their status and manage them on the platform.
You can also download a csv report.
You can start a funding round in minutes with a free FounderCatalyst account, experiment with our service and see how easy it would be to save time, money, and emotional resources by using FounderCatalyst when raising your next funding round.
You can see a sample of the paperwork we'd generate, invite colleagues to act as investors, and truly experiment with how easy we make it. Then cancel the experiment round when you're ready to start a real one!
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