- Free tool
409a valuation calculator: estimate your range in minutes
Get an instant, no-commitment estimate of your company’s likely 409a range based on your stage, funding, and industry – then book a call when you’re ready for the real thing. Free, with no account required.
Get a real-time estimate of your pre-money valuation
Answer a few quick questions about your stage, funding, and industry. No account, no commitment — just a ballpark to get you started.
This is an instant estimate, not a final valuation. Your official 409A report is prepared and signed off by a credentialed analyst, using deal-specific diligence this quick screener can’t capture.
- FAQ
Bifurcation questions we hear most
How do I know whether my instrument contains an embedded derivative?
If the contract contains a feature whose value moves with something other than the credit or interest profile of the host instrument – a conversion right, a redemption trigger, a price-protection clause – it is worth testing. The analysis under ASC 815 turns on whether the feature is clearly and closely related to the host contract; that judgment is what we document.
Does every convertible note contain an embedded derivative?
No. Many plain-vanilla convertible notes do not require bifurcation. It depends on the conversion mechanics and on whether the host is debt or equity, which is why the assessment has to be done instrument by instrument rather than assumed either way.
How often does an embedded derivative need to be revalued?
Once bifurcated, it is generally remeasured at fair value at each reporting date, with the change running through the income statement. We can scope recurring remeasurement alongside the initial analysis.
Do SAFEs affect my 409a valuation?
Yes, usually downward on a per-share basis. Outstanding SAFEs represent equity that will convert later, so the allocation of value across share classes has to account for them – which is exactly the kind of judgment call a software-only model tends to handle badly.
- FAQ
409a valuation calculator
How accurate is this calculator?
It’s a directional estimate based on typical patterns across similar companies – not a substitute for an independent, signed 409a valuation, which considers your specific cap table, financials, and circumstances.
Does this replace an official 409a valuation?
No. Only a signed report from a qualified, independent appraiser qualifies for IRS safe-harbor protection.
Is the calculator free?
Yes – it is free to use, requires no account and captures no payment details.
How is a startup valuation different from a 409a valuation?
A startup valuation usually means the price investors put on preferred shares in a funding round. A 409a valuation is the fair market value of your common stock, which carries none of the rights preferred shares do – so it is normally the lower of the two figures, often materially so.
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