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Learn how Tenacap works.
Step-by-step guides for every capability — open to everyone. Start with the basics, or jump straight to what you need.
Start hereGetting startedCreate your workspace, add your first company, and reach a clean fully-diluted cap table in about fifteen minutes — by import or from scratch.Read the guide →Start here
What’s newA running log of what shipped and when — new capabilities, improvements, and fixes, newest first.What to tell us during betaWhat kind of feedback is most useful right now — smoothness, rough edges, and bugs — and how the in-app reporter gets it to the people writing the code.Tenacap for LLCsWhat changes when your company is an LLC instead of a C-corp: units not shares, no options/409A/83(b)/QSBS (profits interests instead), the flat $300 Delaware annual tax, and what is on the roadmap.
Core workflows
Importing your cap tableBring an existing cap table into Tenacap from Carta, Pulley, the Tenacap workbook, or a spreadsheet of your own — every figure reconciled against the source before anything is committed.Importing stakeholder emailsCap-table exports rarely carry email addresses. Upload a contact sheet, review the name matches Tenacap proposes, and fill in every stakeholder’s email in one pass.Managing your cap tableAdd stakeholders and share classes, issue and transfer shares, and read the fully-diluted ownership view that ties it all together.Share buy-backsRepurchase shares from one or more sellers in a single transaction — preview the cap-table effect, commit it to the ledger (shares return to authorized-but-unissued), then route a board consent and a repurchase agreement per seller for e-signature.
Equity instruments
SAFEs & convertiblesRecord SAFEs and convertible notes with caps and discounts, generate a YC post-money SAFE agreement, and send it for signature.Options, grants & vestingCreate an option plan, issue ISO or NSO grants, attach standard or custom vesting, and record exercises — with grant notices ready to sign.Vesting calendarA company-wide, time-ordered view of who vests next — every active option, RSU, and RSA grant in a 30-, 90-, or 365-day window, with cliffs marked. Also where you add vesting to founder shares that were already issued.Restricted stock & 83(b)Issue restricted stock with a vesting schedule, generate the purchase agreement (RSPA) and the 83(b) election itself, and track the 30-day filing deadline.
Documents
Compliance & tax
Compliance & taxRecord 409A valuations — or the board FMV determination you have instead — prepare and track 83(b) elections, watch Rule 701 limits, export Form 3921, and follow each holding’s QSBS clock.Option HoldingsA per-grant compliance roll-up for stock options — Rule 701, 83(b), Form 3921, the ISO $100k limit, the AMT-ISO preference, and dispositions — so you can see what each grant might trigger at a glance.QSBS (§1202)A per-holding view of the Qualified Small Business Stock clock and tests — the five-year hold, the $50M gross-assets test, and the active-business attestation — with a conservative estimate and a plain not-tax-advice disclaimer.ASC 718 stock-comp reportMeasure grant-date fair value for every option grant with Black-Scholes, recognize the cost straight-line, and produce an auditor-ready expense schedule from persisted assumptions — reproducible years later.Delaware franchise taxPrepare a Delaware Annual Franchise Tax Report from your cap table (C-corps) — computed both ways with the far-cheaper Assumed Par Value method recommended — or see the flat $300 June-1 annual tax for LLCs, with a filing link and an optional reminder before the deadline.
Sharing & modeling
Stakeholder portalInvite founders, employees, and investors to a read-only view of their own holdings, vesting, options, and estimated value.Scenario modelingModel a priced round, watch outstanding SAFEs convert line by line, and see the resulting fully-diluted ownership before you commit.Recording a priced roundTurn a modeled Series A into real records: issue a new preferred class, take in the new money, and convert your outstanding SAFEs and notes — all as one atomic, immutable ledger entry.Export & open schemaExport your whole cap table to CSV, JSON, or a single archive in our open, versioned schema — your data leaves whenever you want it to.Exit waterfallEnter an acquisition or liquidation value and see who gets what — stacked liquidation preferences, the convert-or-take decision, participation caps, accrued dividends, and option net exercise, all as a private projection.Founder calculatorsQuick answers off your live cap table — how many shares to grant for a target %, and how much option pool you need — using the same math as the scenario engine.
Governance & trust
Board approvalsRecord what the board authorized — grants, financings, 409As, pool increases — generate a consent document, link it to the records it covers, and keep an immutable trail.Cap-table health signalsThe signals that flag what needs attention before your next round — a stale 409A, grants priced without one, overdue 83(b) elections, unsigned or un-approved grants — and where each one now lives across the app.Change log & audit trailSee who changed what, when, and why. Every change to your company is recorded as a hash-chained, tamper-evident entry you can filter and export.Email notificationsProactive emails for the time-sensitive things — a 409A about to expire, an 83(b) deadline approaching — so you hear about them before they become a problem. Choose what you receive per event.Roles & permissionsWho can see and do what. Workspace roles (Admin, Editor, Viewer) control your team; the stakeholder portal gives shareholders read-only access to just their own holdings.Diligence packHand an investor, lawyer, or auditor a single zip with your cap table, compliance reports, and audit trail — each file fingerprinted in a signed manifest.Trust & securityWhat Tenacap is built on, how your data is protected, and how we keep it safe — encryption, access control, an immutable audit trail, and where your data lives.Closing your account & deleting your dataHow to close your Tenacap account, what gets erased, what we’re legally required to keep, and how to take your data with you first.