02 · Company
Cap Table
-
Current
Shareholder Role Share class Shares Ownership George Unsworth Founder & CEO Ordinary A 100 100.0% Total 100 100.0% -
Post angel round (£600k @ £3.0m pre / £3.6m post)
Shareholder Role Share class Shares Ownership George Unsworth Founder & CEO Ordinary A 2,640,000 73.3% SEIS investors Investors Ordinary B 250,000 6.9% EIS investors Investors Ordinary B 350,000 9.7% EMI option pool Founding team and early hires Ordinary (under option) 360,000 10.0% Total — 3,600,000 100.0% The pool comes from the founder's shares, so investors are not diluted and keep 16.7%. It covers EMI options for the engineer, developer and associate from M1, the two sales hires and early seed-stage hires. Options vest over four years with a one-year cliff.