Concierge Onboarding

Welcome to the Concierge Onboarding guide! This page will walk you through what to expect while your cap table is moved to Stack.

Pricing

Stack Equity offers three paid tiers. To learn more about each one, visit https://www.angellist.com/stack-pricing.

Note: Companies that have raised less than $1M can access the Base plan for free.

Contact Us

If you run into issues or have questions, our team is available on business days with a 24-hour turnaround time. For any questions not answered in this guide, feel free to suggest a question.

✉️ E-Mail: [e-mail] for your questions.

☎️ Calls: We do not provide support via phone.

🧑‍🏫 Demos: We have weekly dashboard demos and deep dives into features. Sign up here.

🛣 Overview

What does Concierge Onboarding look like?

After you submit your application, we'll send you an email inviting you to your dashboard. From there, you'll be taken through a flow of submitting necessary documents so the Stack team can build your cap table.

To see the flow, click on the purple hotspots below.

What happens after I submit the documents?

Once complete, you’ll see the option to schedule an onboarding call with the Stack team. The Stack team will turn your documentation into an accurate and fully functional cap table.

The Stack team will set up your cap table, equity plans, and adds any active securities and/or convertibles. We'll invite you to review and approve the cap table. We can also invite your attorney if applicable.

You can always add any new securities and invite shareholders (employees, advisors, and investors) to accept their securities on Stack. They'll get their own dashboards as well. From there, you can use Stack to raise your next funds fast by automatically generating, issuing, and signing new SAFEs, keep your investors updated, request 409A valuations, and more.

How long does the onboarding process take?

This depends on the complexity of your cap table.

Once AngelList has all documents needed, a company with around 25 employees/shareholders without priced round will take around one business day. A company with around 50 employees and one or more priced rounds can take up to three business days.

Why do we need to provide historical information about the company?

Historical information allows Stack to reflect major historical changes such as conversions of notes in priced rounds, share repurchases, and employee stock option exercises/terminations. This historical record will assist you with investor relations, tax preparation, compliance, and any audits.

Any tips for an extra-smooth process?

Invite your team early on.

Invite your lawyer if they’ll be involved in the approval/management of your cap table. Invite all users and set up their permissions. Let your employees and shareholders know that you’re moving to Stack. We can provide you with an email template to help.

Let us know when you hit roadblocks.

If your prior cap table software provider is making it hard for you to migrate to Stack, let us know. We will help out. You can always email us at [e-mail]. We’re here for you.

📑 Onboarding Documents

Once you’ve created your Stack account and logged in, upload all the documents below to Legal > Documents.

What information do I need to upload?

At a high level, we'll need equity documents, valuations, shareholder contact information, and additional information.

Required Equity Documents

• Original and any amended Certificate(s) of Incorporation

• Founder Stock Purchase Agreements

Other Equity Documents

• Cap table/stock ledger export: We use this to build a comprehensive and accurate view of your company since inception.

  • Share both a summary by share class and a detailed version by shareholder in an excel or Google Drive sheet.

• All historical securities transactions (any canceled/repurchased securities)

• Historical 409A valuations: We’ll add the value of each security if you provide us with the documents for any previous valuations.

• Historical board-approved Fair Market Values (if not included in the valuation report)

• Any non-founder Stock Purchase Agreements

Shareholder Contact Info

Let us know who is on your team by uploading an excel sheet.

For anyone with equity (employees, advisors, investors), we require their full name (for individuals) or entity name (if a company), title, and work and personal emails. Personal email helps Stack manage your shareholders if they are ever terminated and hold equity in your company.

Note: No emails are sent to your contacts. You have the option of sending emails to them after onboarding is complete, but it is not required. Inviting them allows your shareholders to see their holdings.

Additional information

These documents are optional, but help us make sure we have complete information when setting up your cap table and issuing securities. If your company has any of the following, please send them to us in PDF format:

• Board-approved stock option plan document

• Option agreement and exercise forms

• Option pool history with board approval dates and total option pool shares

• List of unexercised warrants

• List of unconverted convertible notes and SAFEs

• Option agreement form or template

• Exercise notice form or template

• Warrant form or template

• Convertible note form or template

• Termination dates from HR or payroll system

• Board approval documents for fundraises

• Equity Plan documents

• Board approval for the Equity Plan

• Form of Board Consent for Stock/Option Issuance

• Form of option agreement (also known as a “template”)

• Form of exercise notice (also known as a ”template”)

• Individual grants and vesting schedules

• Board approval documents for each grant

• Warrants Form of warrants (also known as a ”template”)

🏁 Getting Started

If you're ready to move forward with Concierge Onboarding, sign up at stack.angellist.com/equity/start and choose “Concierge Onboarding” as your onboarding method.

Here’s to you joining the Stack community! Cheers! 🥂