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Equity Dilution Calculator for Startups

See how much of your company you actually keep after a sequence of funding rounds. Set your starting stake, then add each round's raise, pre-money valuation and option pool to watch your ownership dilute over time.

Your stake

%

Funding rounds

Each round issues new shares, so your percentage shrinks. Add the raise, the pre-money valuation and any new option pool (carved pre-money).

Your ownership after the last round
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Total dilution
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Your stake value
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Rounds
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Final post-money
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Round-by-round dilution

RoundRaisePost-moneyRound dilutionYour % afterYour value

How equity dilution works across rounds

Every priced round issues new shares. Your share count doesn't change, but the total grows, so your percentage falls. For a single round the new investor takes raise ÷ post-money (post-money = pre-money + raise). A new option pool is usually carved pre-money, which dilutes existing shareholders, including you, on top of the investor's stake.

Across several rounds, dilution compounds. If you keep 80% through a round and 85% through the next, you're left with 0.80 × 0.85 = 68% of what you started with. This calculator applies each round in order and multiplies the effect, so the final number reflects the full Seed → Series A → B → … path, not just one round.

Worked example: Seed, Series A and Series B

A founder starts with 100% and raises three priced rounds, each with a new option pool carved pre-money.

Default inputs of the calculator above. Change any input to run your own numbers.
RoundRaisePre-moneyPoolPost-moneyRound dilutionYour % after
Seed$1.5M$6.0M10%$7.5M30.0%70.0%
Series A$6.0M$24M5%$30M25.0%52.5%
Series B$15M$70M5%$85M22.6%40.6%
After 3 rounds$85M59.4% total40.6%

Round dilution is the investor stake (raise ÷ post-money) plus the new pool: 20.0% + 10% at Seed, 20.0% + 5% at Series A, 17.6% + 5% at Series B. The founder's 40.6% of the $85M Series B post-money is worth $34,518,750.

Dilution compounds: your stake after several rounds is your starting stake multiplied by (1 − dilution) for each round, which is why the default example ends near 40% after three rounds. To protect ownership, focus on round size, valuation and how large a pool each investor asks you to create. For the full per-shareholder breakdown of a single round, use the cap table calculator; to plan the raises themselves, see the SaaS fundraising guide. This tool is a fast estimate, not legal or investment advice.

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Frequently asked questions

How do you calculate equity dilution?
For one round, your new ownership = old ownership × (1 − investor stake − new option pool), where the investor stake is raise ÷ post-money. A $1.5M raise at $6M pre-money is 20.0% for the investor; with a 10% pool, 100% becomes 100% × (1 − 0.20 − 0.10) = 70.0%.
How much equity do you give up in each funding round?
It is set by your own terms: the raise divided by the post-money valuation, plus any new pool carved pre-money. In the default example the three rounds dilute existing holders by 30.0%, 25.0% and 22.6%.
How does dilution compound across rounds?
Multiply what you keep in each round. Keeping 70%, then 75%, then 77.4% leaves 0.70 × 0.75 × 0.774 = 40.6% of the company, a total dilution of 59.4% from 100%.
Does the option pool dilute founders?
Yes. A pool created pre-money is carved out of the existing holders before the investor buys in, so founders carry it on top of the investor's stake. Each point of pool is a point of dilution for the existing holders.
Does dilution lower the value of my shares?
Your percentage falls, but the company is worth more after each priced round. In the example, 40.6% of an $85M post-money is a stake worth $34,518,750.
Does this calculator handle SAFEs and convertible notes?
No, it models priced rounds. SAFEs and notes convert into shares at a later priced round, adding dilution then. See SAFE vs convertible note for how they convert.

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Citation

Adlega. "Equity Dilution Calculator for Startups: Per Round." Updated October 22, 2026. https://adlega.com/blog/tools/dilution/

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<a href="https://adlega.com/blog/tools/dilution/">Equity Dilution Calculator for Startups: Per Round</a> (Adlega, updated October 22, 2026)

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