Convertible Notes "Product" Question - "SAFEs"

October 24, 2024
by a professional in Crystal Bay, NV, USA
I know start ups are using discounted convertible notes to finance prior to getting pre VC or PE rounds of financing. I know "carta" has tools to "issue and fund" the notes thrugh their platfor. My question is do you know of anyone that has a service that tracks the loans, lenders, interest accruals and provides the lenders reports to see their total portfolio value? We were having this discussion at a board meeting recently and none of the board members or team knew of any such platform service beyond an excel spreadsheet. Do any of you know of such a tool? We are thinking it might provide a value to the ETA market as well and could be added to our product offerings. Let me know. Thanks
from Columbia University in Charlotte, NC, USA
from University of Mysore in Seattle, WA, USA