Introduction
A financing round in Ledgy is recorded as a combination of individual transactions rather than a single dedicated transaction type. This approach gives you more flexibility, as each component of the round—such as the round valuation, investor share issuances, pool increases, and convertible conversions—is recorded separately and can be reviewed or edited independently.
This guide walks you through recording each part of a financing round step-by-step, from adding the valuation to publishing the final transactions to your cap table.
Note: Ledgy no longer supports a dedicated "Financing Round" transaction type. Instead, you record each component of the round as separate transactions as described in this guide.
How should I record a financing round in Ledgy?
Go to Ownership > Transactions.
Click Add transactions.
Record each part of the round with the relevant transaction type instead of looking for a dedicated financing round option.
Note: A financing round is usually made up of several transactions in Ledgy. This is expected behavior.
Step 1: Add the valuation
In Ownership > Transactions, click Add transactions.
Under Other, select Valuation.
Choose Company valuation as the valuation type.
Enter the valuation details, including:
Valuation date
Valuation event name such as Seed, Series A, or Series B
Company share price
If different share classes should have different valuation prices, enable Custom valuation per share class.
Click Save.
For a full walkthrough of valuation types, see How do I add valuations? How many valuation types does Ledgy support?.
Step 2: Add the share issuances
Click Add transactions again.
Under Stock, select Issue shares.
Create one share issuance transaction for each investor receiving shares in the round.
Complete the key fields for each investor:
Stakeholder
Date
Number of shares
Share class
Price paid per share
Currency, if applicable
Click Save for each transaction.
Tip: The company share price in the valuation and the price paid per share in each share issuance are stored separately. This is useful when you want to track the round valuation and the individual investment terms at the same time.
If you need more detail on share issuances, see How do I issue shares?.
Step 3: Add or update the pool if needed
If the financing round also creates a new employee pool or expands an existing one, add this separately.
Click Add transactions.
Under Equity plan, choose Add pool to create a new pool.
If you already have a pool and only need to increase it, choose Pool increase.
Enter the pool name, amount, date, and share class, then save the transaction.
Step 4: Convert existing convertibles if applicable
If convertible loans are converted as part of the round, handle them separately from the valuation and investor share issuances.
Open the relevant Convertible transaction.
Click Convert to shares.
Review the conversion details and save.
Ledgy will create the related share issuance transaction for the conversion. For more detail, see Convertible loans.
Step 5: Publish the transactions
Review all newly created transactions in Ownership > Transactions.
Make sure the valuation, share issuances, pool changes, and any conversions have the correct dates and details.
Click Publish to apply the changes to the cap table and share the updated data with stakeholders where relevant.
If you are entering a large round with many investors, you may prefer to bulk import the share issuance transactions. See How to bulk import transactions via Ledgy's Excel template.