Valuations

A smoother path to your 409A valuation.

A 409A valuation depends on more than submitting a request. Sundial helps coordinate the information, cap table records, and supporting documentation needed to move the valuation process forward accurately and efficiently.

Start Valuation Request

More Than Ordering A Valuation

We help manage the process around the valuation.

A valuation provider needs accurate information about your company before it can prepare a defensible 409A report. That can mean pulling together capitalization data, financing history, financial information, forecasts, option activity, and supporting corporate records.

Sundial helps coordinate that process alongside your team and the valuation provider, reducing back-and-forth and helping ensure the information being used is consistent with your cap table and equity records.

The Valuation Process

How information moves from your company to a completed valuation.

Company Information
Sundial Coordination
Independent Valuation
Updated FMV
Ongoing Equity Administration

How Sundial Can Help

Coordinating the details, so you don't have to.

Cap Table Review

Review capitalization records and identify inconsistencies that may need to be addressed before the valuation begins.

Information Gathering

Help organize the company, financing, equity, and financial information requested during the valuation process.

Valuation Coordination

Serve as a point of coordination between the company and valuation provider so requests and follow-up questions keep moving.

Equity Data Support

Help ensure option grants, exercises, SAFEs, notes, preferred stock, and other equity records are accurately reflected in the information provided.

Post-Valuation Administration

Help apply the new fair market value to ongoing equity administration, including future option grants and cap table records.

What To Expect

What typically goes into a 409A valuation

Current cap table
Recent financing information
Preferred stock terms
SAFEs and convertible notes
Historical financial statements
Financial forecasts
Company description and business model
Comparable company information
Equity incentive plan information
Recent secondary transactions, if applicable

The exact information required varies based on the company and valuation provider.

The valuation is only one part of the equity process.

Once the valuation is complete, the new fair market value becomes an important input into your ongoing equity administration. Sundial can help make sure new grants, board approvals, cap table records, and other equity activity are handled consistently with the updated valuation.

Independent valuation expertise

Valuation reports are prepared by an independent valuation provider with experience supporting venture-backed companies. Sundial helps coordinate the process and supporting equity information while the valuation provider performs and stands behind the valuation itself.

Our valuation partner, 409.ai, prepares the independent valuation report.

Ready to start your valuation?

Tell us about your company and begin the valuation process.

Start Valuation Request