course creation services
✨ Software ✨

Cap Table & Waterfall Modeling

Finally, a simpler way to manage your cap table and model payouts that investors actually trust.

If you run a venture-backed startup or fund, you know this already: a cap table isn’t just a spreadsheet. It’s the heartbeat of your company’s ownership story — a living document that tracks who owns what, who might own more tomorrow, and what happens when it’s time for the big exit.

And yet... too many founders and fund managers still wrestle with outdated tools or complex manual models. The result? Costly errors, lost trust with investors, and sleepless nights wondering if your payout models will hold up when it really matters.

At VCF.co, we believe this can be easier, faster, and far more reliable. Our Cap Table & Waterfall Modeling software is built by VC insiders who know exactly what it takes to manage venture capital cap tables, automate cap table & waterfall processes, and model investor payouts with absolute clarity.

Let’s walk you through what makes it different.

Private Debt
Commercial & Individual
Venture Capital
Promising Startups
Real Estate
Commercial & Residential  
Private Equity
Established Companies
Crypto
Bitcoin & Blockchain
Alternatives
Art & Collectibles
Secondaries
Private Equity
Derivatives
& Structured Products
Private Debt
Commercial & Individual
Venture Capital
Promising Startups
Real Estate
Commercial & Residential  
Private Equity
Established Companies

Purpose-Built Cap Table Software VC Professionals Actually Love Using

There’s no shortage of generic cap table software out there. But most of it was designed for broad use across industries — not the specific needs of venture capital-backed startups and funds.

VCF’s cap table software VC users tell us they’ve been waiting for is built specifically for venture capital ownership modeling.
That means:
  • check_circle

    Support for complex preferred share structures and multiple rounds of investment.

  • check_circle

    Scenario modeling that makes it easy to see how future raises will affect your cap table.

  • check_circle

    Convertible notes, SAFEs, options, warrants — all tracked seamlessly.

  • check_circle

    Investor-ready reporting in a format LPs and board members will actually understand.

In short, it’s not just a place to store your cap table. It’s a living tool that helps you tell the story of your company’s ownership — past, present, and future.

Waterfall Modeling Tool Designed for Clear, Confident Payouts

When it comes time for an exit or liquidity event, the pressure is on. Investors want to know exactly how much they’ll be paid. Founders want confidence that payouts will be handled fairly and accurately. And legal teams need clear documentation that stands up to scrutiny.
This is where too many spreadsheets break down.

Our waterfall modeling tool eliminates guesswork with:

checkmark

Dynamic exit waterfall calculator functionality.

checkmark

Full support for multiple liquidation preferences, participation rights, and complex stacking.

checkmark

Investor payout modeling that’s easy to audit and share.

checkmark

Real-time updates as scenarios change — no endless back-and-forth with finance teams.

The result? You can walk into a boardroom or investor call knowing your equity distribution software is telling the exact truth of who will receive what, under any scenario.

Why Automate Cap Table & Waterfall Modeling Now

If you're at an early stage, it’s tempting to think a simple spreadsheet will do. If you're at a later stage, you may feel stuck with legacy tools that “mostly work.”

But here’s what we’ve seen time and time again: the moment your company hits a major inflection point — a Series B, a second fund close, an acquisition offer — your old models start to break. That’s when founders and fund managers find themselves scrambling to rebuild their cap table or model payouts under the gun.

By moving to automated cap table & waterfall modeling early, you get:

checkmark

Peace of mind that your data is always accurate and current.

checkmark

A single source of truth for your team, investors, and legal partners.

checkmark

The ability to model new scenarios instantly without starting from scratch.

checkmark

A faster path to investor trust and operational excellence.

Think of it as an investment in your company’s future clarity.

Startup Ownership Tracking Made Simple and Scalable

Ownership is dynamic. New employees join with stock options. Investors convert notes into equity. Founders move across multiple rounds of dilution.
Trying to track all of this manually is a recipe for mistakes that can cost real money.

Our startup ownership tracking features include:

checkmark

Automated tracking of ownership across founders, employees, and investors.

checkmark

Full support for option pools and vesting schedules.

checkmark

Real-time visibility into ownership by round, class, and stakeholder.

checkmark

Clean, exportable reports for board meetings, audits, and due diligence.

When you can clearly see your ownership structure — and instantly model how it will change — you empower smarter decisions at every stage of growth.

Built for Both Founders and Fund Managers

One of the things that sets VCF.co apart is that we serve both sides of the venture capital equation.

For founders, our venture capital cap tables tools simplify the process of managing ownership as the company grows and fundraising rounds stack up.

For fund managers, our VC equity modeling tools make it easy to manage LP interests, model payouts, and provide transparent reporting — whether you run a single fund or a complex multi-fund structure.

And for both? Our exit waterfall calculator and investor payout modeling ensure that when the exit moment comes, everyone involved knows exactly where they stand.

Why VCF.co ?

You have choices when it comes to equity distribution software. Here’s why more VCs, founders, and CFOs are choosing VCF.co:

At the end of the day, trust is everything in venture capital. We built this platform to help you earn it, maintain it, and sleep well at night knowing your cap table & waterfall modeling are buttoned up.

Designed for VC

We live and breathe venture capital. This isn’t an afterthought feature bolted onto a generic platform.

Real-world tested

Our tools are used by leading VC firms and startups managing hundreds of millions in transactions.

Blazing fast setup

You’ll be up and running in days, not weeks.

Flexible & transparent pricing

 No hidden fees, no surprise costs as you scale.

Dedicated support

Our team of VC pros is here to help, every step of the way.

Ready To Get Started?

Whether you’re an early-stage founder looking to get ahead of future complexity, a growth-stage startup preparing for exit, or a fund manager ready to modernize your portfolio tools, VCF.co is here to help.

Our team will walk you through the platform, answer every question, and make sure you’re ready to manage your venture capital ownership modeling with absolute confidence.

Frequently Asked Questions

General Questions About VCF.co

What is VCF.co?

VCF.co is a streamlined platform that enables entrepreneurs, investors, and fund managers to quickly set up venture capital funds using special purpose vehicles (SPVs). The platform simplifies legal, compliance, and back-office operations so you can focus on investing.

Who should use VCF.co?

VCF.co is ideal for angel investors, syndicate leads, startup accelerators, emerging fund managers, and family offices looking to pool capital for venture deals without the complexity of launching a traditional VC fund.

How does VCF.co differ from forming a traditional VC fund?

Traditional VC funds involve complex, costly, and time-consuming legal and compliance processes. VCF.co offers a faster, more affordable alternative through SPVs—letting you form a deal-by-deal fund with limited overhead and streamlined administration.

What is an SPV and how does it work?

An SPV (Special Purpose Vehicle) is a legal entity created to pool investor capital for a specific investment. With VCF.co, you can set up an SPV in minutes, onboard LPs, collect funds, issue equity, and manage distributions—all within a compliant framework.

Legal, Compliance & Investor Onboarding

Is VCF.co compliant with SEC regulations?

Yes. VCF.co structures SPVs to comply with SEC exemptions, typically using Regulation D Rule 506(b) or 506(c), depending on your fundraising needs. We also help you maintain proper KYC, AML, and investor accreditation processes.

Can I accept non-accredited investors through the platform?

Most SPVs created on VCF.co follow exemptions that require accredited investors only. However, we can advise on structures that may accommodate non-accredited investors under specific frameworks.

Does VCF.co provide legal documentation?

Yes. VCF.co offers customizable, attorney-drafted legal templates including operating agreements, PPMs, subscription docs, and investor disclosures. For complex deals, custom legal support is available.

How are investors onboarded?

Investors receive a branded invite, go through a seamless digital onboarding flow, complete KYC/AML, and sign subscription docs electronically. Funds can be wired or ACH-transferred directly into the SPV’s escrow account.

Fund Administration, Fees & Operations

What does VCF.co charge?

VCF.co typically charges a setup fee per SPV, plus an annual administration fee based on assets under management (AUM) or number of LPs. Custom pricing is available for high-volume users, accelerators, and family offices.

Who handles distributions and capital calls?

VCF.co manages capital calls, waterfall calculations, LP distributions, and tax reporting (including K-1s). You maintain full visibility and control while we automate the back office.

Can I track my SPV's performance in real time?

Yes. VCF.co provides a real-time dashboard with capital deployed, investor commitments, cap table ownership, and return metrics. You and your LPs get transparency at every step.

Does VCF.co offer banking or custodial services?

We partner with leading custodians and escrow providers for fund transfers and capital custody. Your SPV receives its own account with segregated funds and institutional-grade security.

✨ Venture Capital Funding ✨

Effortlessly Launch Your Venture Capital Fund using SPVs.

Partner with us to design, build, and successfully launch your first or next venture capital fund.