Set up a SAFE Round

Set up your SAFE round in Cake to streamline investor onboarding and document generation for your fundraising round.

Steps to create your SAFE round

1. Navigate to Tools → Raise (SAFE) from the main menu

2. Click '+ Start new raise'

3. Review the disclaimer and click 'Next' to proceed

4. Enter your round details:

   • Round name

   • Raise type: Select "SAFE Notes"

   • Target close date

   • Share type

   Click 'Next' when complete

5. Set your funding terms:

   • Raise goal amount

   • Valuation cap

   • Discount

   Click 'Next' to continue

6. Add company signee - Select who will sign on behalf of your company. You can add new signers directly in this step if needed

7. Enter bank account details where investors will transfer funds. These details will be automatically populated in your investment documents and displayed to investors in their portfolio

8. Attach your SAFE Agreement - Click the Contracts tab in your round, then click the + button on the "SAFE note" template to attach it. You can review and edit the template as needed. Merge tags will automatically populate with investor and round details when offers are sent. If you have your own SAFE Agreement, contact our CS team via chat and we'll ensure it's compatible and integrate it into your account

   

Next step: Add investors to your round to start sending offers.

Still need help? Contact our support team through the chat for assistance with your SAFE round setup.