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Starting an Equity Raise
Starting an Equity Raise

How do I set up a raise?

Vince Fuentes avatar
Written by Vince Fuentes
Updated over 2 months ago

You can create different types of raises in Cake. This article will guide you on how to set up your Equity Raise.

  1. In the main menu, click 'Tools' and click 'Raise (SAFE)' from the drop-down menu.

  2. Click '+ Start New Raise'

  3. You will be displayed a Disclaimer - after reviewing, click 'Next'.

  4. Provide the details of the Raise such as: Name, Raise Type (Equity), Target Close Date, and Share Type. Once done, click 'Next'.

  5. Review the pre-money valuation. If you need to add a new valuation, click '+ New Valuation'. Then, click 'Next' to proceed.

  6. Enter your raise goal amount.

  7. Provide the company Signee. If you have not set this up yet, you can refer to the steps in this article: Add board member and company signee

  8. Enter the bank account information where stakeholders will transfer the funds. These details will be inserted into your investment document if the respect variables have been inserted into the contract, and will also be displayed to your investors through their investor portfolio after all parties have executed the agreement.

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