To Add a Convertible, head over to the Loans & Convertibles section, navigate to the "Convertibles" sub-tab, head to the top right corner and click "Add Convertible". Make sure you're on the "Convertibles" sub-tab in this section, and not in the "Loans" sub-tab.

Tip💡

If you see a term in the Loans & Convertibles section that you aren't familiar with, just hover over the tool tip to get a brief explanation.

When adding the Convertible to your account, make sure you enter in the "Convertible Trigger", which is the moment that converts the loan into equity. A Trigger can be change of ownership, an investment threshold, a revenue threshold or a specific date.

Note: Convertible Notes will not automatically convert into your Cap Table, but this is an upcoming update!

You can manually convert a Convertible Note by navigating to the three dots on the far right side of a Convertible Note, and clicking "Convert to Shares". Remember, this is a permanent action and cannot be reversed!