Startups
Clean your cap table with Rollups
No more chasing down investor signatures. Rollups retroactively clean up the SAFEs already on the cap table so companies get faster equity rounds and lower administrative costs.
How Rollups work
Each direct SAFE means more administrative overhead and greater risk of delay during an equity financing.
With Rollups, companies can optimize their cap table while preserving the economic rights of their SAFE investors.
The Rollup Agreement contains a limited purpose power of attorney and a voting agreement that allows the company to sign conversion documents as long as the SAFE is converting according to its terms.
The result is effortless SAFE conversions during an equity round for both founders and investors.
Testimonial
Motif signed over 30 SAFEs to raise initial funds. We feared chasing down all of those investor signatures in future financings. But our investors were happy to sign the Rollups Agreement, saving Motif ~$20,000 and ~2 weeks time.
Rollup in 3 simple steps
Share your existing SAFEs
Tell us about your company and existing SAFE investors. The more SAFE investors you have, the more time and money you can save.
Works for any previously signed SAFEs
No capital contribution limits or restrictions
Works with international investors
Invite SAFE investors to sign
Easily invite your previous SAFE investors to sign the Rollup Agreement through AngelList. AngelList helps you keep track of the process and follow up with investors.
Replaces e-signature tools like DocuSign
Signed document storage built into the cap table
Track investors’ signature status and easily follow up
Enjoy a cleaner cap table
Now you can sign conversion documents as long as the SAFEs are converting according to their terms. The result is lower overhead for both founders and investors.
For companies with their cap table on AngelList, “rolled up” SAFEs appear as one row on AngelList’s cap table so founders can view their cap table through the lens of required approvals.
With the AngelList Growth + plan, Rollups, RUVs, and cap table work together to optimize cap table and equity management.
For the best results, combine Rollups with AngelList cap table
No-fee migrations to AngelList cap table from any cap table provider
Pricing
Flexible pricing
Rollup pricing is based on the number of investors that sign the Rollup Agreement.
Companies can save $1.2k in administrative costs per investor that signs the Rollup Agreement.
One-time Rollup
$5,000
25 investor signatures included
$175/additional signature
Add-ons
Rollups are 25% off when purchased with RUVs
Rollup Agreement
E-signature automation
Rollup reporting
Growth
$3,200
/ year
Unlimited investor signatures
Cap table & equity management
409A valuation ($1.5k value)
Fundraising automation
Investor updates
Data rooms
Have questions? Email us at startups@angellist.com
Actively fundraising and closing new investors?
While Rollups help streamline previously signed SAFEs, RUVs help streamline future fundraises. RUVs can reduce admin costs and expedite the closing process for new SAFEs, equity rounds, and convertible notes.
FAQ
Everything you
need to know
No, you can use Rollups without using AngelList’s cap table, but founders that combine Rollups with AngelList Equity get a cleaner cap table. “Rolled up” investors appear as one cap table row that you can easily expand for a more in-depth view.
We recommend using Rollups at least a few weeks in advance of your first equity round to ensure a smooth fundraise.
Yes, leading venture funds have signed the Rollup Agreement.
Executing a Rollup Agreement does not impact QSBS eligibility. There is no transfer of ownership and any QSBS benefits would still apply. Please note that while the IRS has not qualified their position on either QSBS or SAFEs, some SAFEs may have a clause that outlines that for tax purposes, the SAFE is to be treated as Common Stock.