Secfi Joins Open Cap Table Coalition

Secfi, the leader in equity planning, financing and wealth management for start-up builders, has announced it is joining the Open Cap Table Coalition, a cross-industry group that is collaborating to improve the interoperability, transparency, and portability of startup capitalization data. The working group includes leaders across the startup community, including venture capital firms, software providers, major law firms that advise emerging companies, and other top companies in the startup ecosystem.

"One of our key objectives at Secfi has been to demystify equity for startup employees and founders across the industry at large," said Frederik Mijnhardt, Co-Founder and CEO of Secfi. "At exit, 20% of a startup's cap table is made up of employees. We are excited to join the Open Cap Table Coalition to help build best practices that support the founders, investors, and importantly the employees that power the startup ecosystem."

The Open Cap Table Coalition was founded in 2021 and is comprised of 55 equity management providers, law firms, and other industry experts. This is the first organization dedicated to creating an open-source format that will facilitate capitalization data management to meet startup companies' changing needs. For more information on the Open Cap Table Coalition, please visit their website www.opencaptablecoalition.com/.

About Secfi
Secfi is trusted by startup employees for equity planning, stock option financing, and wealth management. We provide the leading digital platform for equity planning, financial advice, and ongoing investment management, as well as financing products that enable employees to own a stake in the company they helped build. We've worked with employees from more than 90% of all U.S. unicorns, and built more than 30,000 equity plans worth $48B in equity value. As an expert in valuing private companies, Secfi has analyzed and valued hundreds of high-growth startups. For more information, please visit www.secfi.com.

Investment management and financial planning products and services are offered by Secfi Advisory Limited, an SEC-registered investment adviser. Brokerage products and services (including stock option financing) are offered by Secfi Securities LLC, member FINRA/SIPC.