What closed. Keep it aligned with the cap table and the round. This is the end of the engagement path, not a separate company.
What it is
Investments records closed money on this listing. If a close changes ownership, Cap Table has to move too. Do not leave the only copy of a close in Notes. The next raise starts from this record, not from a rebuild.
What you see
A list of closed items on this listing. Open a row to confirm it still matches the round and the cap table. Financing agreements belong in the data room folder, not only as an attachment on the row.
Cap Table
Ownership on this listing
Current
Share classesKept on the record so a new round does not start from a spreadsheet rebuild.
IssuancesKept on the record so a new round does not start from a spreadsheet rebuild.
Option grantsKept on the record so a new round does not start from a spreadsheet rebuild.
ConvertiblesKept on the record so a new round does not start from a spreadsheet rebuild.
Cap table after a close. Issuances and convertibles have to move.
Data Room
Folders on this listing
4 folders
Minute Book
Files stay on the record. They are not rebuilt each round.
Intellectual Property
Files stay on the record. They are not rebuilt each round.
Financing Agreement
Files stay on the record. They are not rebuilt each round.
Pitch materials
Files stay on the record. They are not rebuilt each round.
Data room. File the financing agreement on this listing.
After close
Update Cap Table. Issuances, grants, convertibles.
File the agreement. Data room, financing folder. Checklist if that item is still open.
Keep the record current. Financials, team, and the profile should still describe the company after the close.
