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How to set up a SAFE note raise in Cake
How to set up a SAFE note raise in Cake

How do I set up a SAFE Note raise?

Vince Fuentes avatar
Written by Vince Fuentes
Updated over a week ago

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

  1. In the main menu, navigate to Tools -> Raise (SAFE)

  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, Target close date, and Share type, then click 'Next'.

  5. Provide the Raise Goal, Valuation Cap and Discount. Click 'Next' to proceed.

  6. Nominate board members to sign on behalf of your company. If needed, refer to this article: Add board member and company signee

  7. Enter the details of the bank account you would like your stakeholder to transfer the money.


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