You can create different types of raises in Cake. This article will guide you on how to set up your Equity Raise.
In the main menu, click 'Tools' and click 'Raise (SAFE)' from the drop-down menu.
Click '+ Start New Raise'
You will be displayed a Disclaimer - after reviewing, click 'Next'.
Provide the details of the Raise such as Name, Raise Type (Equity), Target Close Date, and Share Type. Once done, click 'Next'.
Confirm the Pre-Money Valuation. You can also add the new Valuation by clicking
'+ New valuation'. Click 'Next' to proceedProvide the Raise goal and the system will calculate the percentage of the Ownership offered.
Provide the company Signee. If you don't set this up yet, you can refer to the steps in this article: Add board member and company signee
Enter the details of the bank account you would like your stakeholder to transfer the money.
Next: See How to Send an Investment Offer