What the Singapore & SEA profile configures
Most cap table software for Singapore startups is really US software with the currency symbol swapped. Vquity ships a dedicated Singapore & SEA region profile: pick it in company settings and the whole workspace reconfigures around how equity actually works in the region, entity types, instruments, currency, and governance framing included.
- Jurisdictions. Singapore, Hong Kong, Malaysia, Indonesia, Thailand, Vietnam, and the Philippines. You set the company's jurisdiction once and it flows through records, documents, and reports.
- Entity type. The Pte Ltd, the private limited company that nearly every venture-backed SEA startup incorporates in Singapore, is a first-class entity type, not a relabeled Delaware C-Corp.
- Instruments. The post-money SAFE (now standard in Singapore pre-seed) and the CLN (convertible loan note, common across the region) are the default convertible instruments, with the terminology your lawyers and investors actually use.
- Valuation label. Singapore has no US-style 409A requirement, so the valuations module drops the 409A framing in favor of a fair-market-value label that matches how regional boards and auditors talk about share value.
- Currency and number format. SGD by default, formatted the way you'd write it, with room for the regional currencies a cross-border round inevitably drags in.
- Governance framework. Records and consents are framed against the Singapore Companies Act rather than the DGCL, so your board minutes and shareholder approvals read like they belong in your jurisdiction.
Same engine as every other region. The profile changes labels, instruments, and formats, not the math. See how the six profiles differ on the regions overview, or read the academy lesson on regional equity differences.
The default hub: a Singapore Pte Ltd on top, the region below
SEA startups converge on one structure so consistently it's practically the default: a Singapore Pte Ltd holding company, with operating subsidiaries wherever the business actually runs: Jakarta, Ho Chi Minh City, Manila, Bangkok, Kuala Lumpur. Investors know Singapore law, the courts are predictable, and the IP and the equity both sit at the holdco. Which means the cap table, the SAFE stack, and the ESOP all live at the Singapore entity, even when most of the team has never set foot there.
Vquity treats the holdco as the system of record. The cap table tracks shareholders, share classes, and every issuance and transfer at the Pte Ltd level, while passwordless stakeholder portals reach the whole region: an engineer in Vietnam or an angel in Hong Kong opens a link, enters an email, and signs in with a one-time code. No accounts to provision across seven countries, and an offline cache for the commute. Employees accept option grants through a public link that produces a signed PDF, wherever they sit.
Worked example: a SAFE stack converting at a regional seed
Here's the pattern the profile is built for, with real numbers. Take a hypothetical Singapore Pte Ltd, two founders holding 8,500,000 ordinary shares between them, subsidiaries in Indonesia and Vietnam, raising the way SEA companies actually raise: convertibles first, priced round later.
Worked example: Pte Ltd SAFE stack at seed
Pre-seed, the company signs two post-money SAFEs at the holdco: S$400,000 from a Singapore angel syndicate at a S$4,000,000 post-money cap (a fixed 10% of the company), and S$600,000 from a regional pre-seed fund at a S$8,000,000 cap (7.5%). Eighteen months later a regional lead prices a seed round: S$3,000,000 at a S$15,000,000 post-money valuation (20%), with a condition that the ESOP be topped up to 10% post-close.
Under the post-money SAFE mechanics, the SAFE holders take their 10% and 7.5% immediately before the new money, so the founders stand at 82.5% going into the round. The seed investors then take 20% and the refreshed pool takes 10%, scaling every existing holder by 70%. Final cap table: founders 57.75%, SAFE holders 12.25%, seed investors 20%, ESOP 10%. Every share of it in SGD, at a Pte Ltd, under the Singapore Companies Act.
In Vquity, that entire close is one atomic operation. The Close-Round wizard converts both SAFEs with a tested, YC-style post-money solver, tops up the pool to the negotiated 10%, and captures a pre-close snapshot in a single committed step, so the cap table never sits half-converted. If you want to sanity-check the dilution before your lawyers do, run the numbers through the free SAFE calculator or work through the academy lesson on SAFEs and convertibles first.
How the profile flows into rounds, grants, and diligence
Rounds and convertibles. SAFEs and CLNs go through an approval queue, and you can upload the signed documents for AI extraction instead of retyping terms. Every round close auto-captures a pre-close snapshot, so when a Series A lead asks what the cap table looked like before seed, you show a field-level diff instead of an old spreadsheet tab.
Option grants for a distributed team. The ESOP at the holdco covers employees across the region. Vquity tracks the full grant lifecycle (schedules, cliffs, milestones, accelerations) in a vesting ledger, with a pool-utilization chart showing exactly how much of that 10% post-close pool is committed before you promise more.
Valuations, honestly. Vquity tracks your valuation lifecycle: recalculations, rollbacks, a full audit trail, and alerts before a valuation goes stale. It does not produce the valuation itself; you bring that from your valuation provider, and Vquity keeps the record straight.
Diligence for regional investors. Seed and Series A funds in the region run real diligence. The Data Room organizes roughly 120 document types across 8 sections, classifies uploads instantly, and scores your readiness on a 12-item checklist, so the SAFE agreements, board consents, and subsidiary documents are already filed when the request list arrives. A rolling grant-activity view keeps volume visible for compliance conversations without assigning one legal threshold across different Southeast Asian markets.
The fastest way to judge any of this is to look at it: load the seeded sample company in the app, switch the region profile to Singapore & SEA, and watch the labels, instruments, and currency change in place.