All Collections
Equity
Raise
Starting a SAFE Note Raise
Starting a SAFE Note Raise

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, 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 (SAFE Notes), Target Close Date, and Share Type. Once done, click 'Next'.

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

  6. Nominate the company board members that you would like to sign on behalf of your company. If you don't set this up yet, you can refer to the steps in 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.


โ€‹

Did this answer your question?