Unlike other cap table companies, TWO12 offers all the cap table management capabilities for one transparent price of $240/year for any number of shareholders or capital raised or classes of shares. We also offer free onboarding of the cap table. Founders on the TWO12 platform won’t be surprised by a large invoice when you add your 11th shareholder or raise a dollar above $1M.

TWO12 is fundamentally different from other cap table providers. TWO12 is a technology and product company at heart. We solved the complex problem of managing any type of securities, at any price, owned by any number of shareholders, by developing a powerful math engine that manages and tracks the cap table entries. As a result, we don’t need expensive accountants and lawyers managing cap tables. We host our engine on a secure Amazon cloud instance. Our cost is minimal and we pass the savings on to our customers.

Founders have to deal with a vast array of securities. Common, Options, Notes, SAFEs, Warrants, Preferred, and more. Each of these securities can have different prices, expirations, participation rights, valuation caps, discounts, liquidation preferences, anti-dilution protection, pro-rata rights, and more. At TWO12, we developed a programmatic model to accurately track all of these complexities. This makes it easy for founders to now model any type of future events.

We recognize that many founders don’t want to be in the midst of managing their cap table. Cap tables can get complicated as the company evolves and to support growing startups, TWO12 offers white-glove support directly on our platform. For $480/year, our trained support team can actively administer any cap table 24×7. Founders need to simply send over any docs to our account team email address or upload to the data room on the TWO12 platform and we’ll take care of the rest.

Yes. We have integrated the 409A valuation process directly on the TWO12 platform. The price per valuation is between $2000 and $4000 depending on the stage of the company and complexity involved. Our turnaround time for a valuation report is about 10 days from the time we receive all the information needed to perform the valuation. Companies may interface directly with our valuation team as part of the process prior to generating the finalized copy. We also offer 48-hour expedite processing of 409A for an additional $1000.

Super easy. Pro-forma generation is one of the most commonly used capabilities of the TWO12 platform. It doesn’t matter how many securities are on the cap table, the different valuation caps, discounts, liquidation preferences, anti-dilution, pro-rata, and similar. We will accurately generate the pro-forma model in an instant.

Every cap table instance comes with a 1GB data room, board consent, document signature, document sharing + tracking, certificates, audit tracking, cap table snapshots, and more. There are also advanced access control policies built in that allow any number of participants with Admin, Admin-View, or individual visibility to just their line on the cap table. 

For sure. TWO12 is a complete cap table platform. We support any time of vesting schedule.

We make it easy to:

• • Give your employees a real-time look into how many of their options have vested
  • Pause, terminate, or manually vest options
  • Issue new options in new rounds

We take your confidential cap table information seriously and protect it with a defense-in-depth strategy. We implement OAUTH2 based access with secure control policies. We additionally support Google Auth which any participant can enable to increase the security to access their account.

For companies needing Transfer Agent services, TWO12 provides Transfer Agent services through TWO12 Stock Transfer Agent LLC – an SEC-registered Transfer Agent.

Yes. We can migrate cap tables from any platform. We offer migration and onboarding at no additional cost.

Sign up at https://sigma.two12.co/sign-up. 

Companies that would like TWO12 to perform the onboarding simply upload the current cap table to our secure data room or email the documents to cap@two12.co, and we’ll take care of the rest.

A typical onboarding process takes about an hour, and once set up, we will schedule a 30 minute call to walk through the cap table instance and discuss our product capabilities.

1. You haven’t received the maximum lifetime value of $100,000 in AWS Activate credits not including AWS Support plan credits
2. You have a valid Org ID 
3. You still meet the criteria of the Activate credits program

For companies needing Transfer Agent services, TWO12 provides Transfer Agent services through TWO12 Stock Transfer Agent LLC – an SEC-registered Transfer Agent.

It is pushed from the startups cap table via our APIs

• We also support manual entry
• Coming soon: one click startup data request (just enter startup’s email and an information request is sent; answers are auto-populated in TWO12)

• Single Asset / C-Corp or LLC / investing in C-Corp company
• Multi Asset or investing in LLC (ask for a quote)

All TWO12 products, features, and functionality.

No. You always act as the manager and have full control over your SPVs.

Setting up your own Master-Series LLC can greatly reduce your costs, we can connect you with a service provider who can guide you through the process.

• If we get hit by a bus or close our doors for any reason, simply download the reports and manage your SPV manually via your service providers
• Federated instances can be provided to white label API customers who can continue to maintain the web hosting without TWO12 Inc. 

No