Free cap table template for early-stage founders

Track ownership, model dilution, and manage your ESOP in one clean spreadsheet built for founders worldwide.

What's inside

01

Template tab

Empty cap table ready to fill. Just enter data in the yellow cells

02

Example tab

Fully completed sample startup to use as a reference

03

Round-by-round tables

Pre-money, seed, and Series A with full shareholder breakdown

04

Notes box per round

Valuation, investment, post-money, and share price summarised per round

05

Convertible note support

Cap, discount, and conversion price calculated before each priced round

06

Key terms glossary

15 definitions covering every concept in the template

Get the free template

Yours to keep. No strings attached.

How to fill it in

From blank spreadsheet to investor-ready cap table.

1. Add founders and ESOP pool
   Enter each founder's shares and investment amount. Add an ESOP pool row with zero investment. Ownership percentages flow from there.

2. Log each funding round
   Set the pre-money valuation, then add each new investor's details. Share price, new shares, and dilution calculate from that.

3. Handle convertible notes
   Before any priced round, add the note's cap and discount. The template works out the conversion price and shares issued.

4. Verify your totals
   Ownership % must sum to 100% and total investment must match the round size at every stage.

When you outgrow the spreadsheet, this template gets you started.
EquityList picks up exactly where it leaves off with legal compliance, investor portals, and automated cap table management.

Frequently Asked Questions

What format does it come in?

Does it work for companies outside India?

How is this different from EquityList the product?

Can I share it with my CA or lawyer?