Your guide to launching a company on Backable.
Model your raise, understand the costs and rules, and follow the steps to launch.
Model a future raise
Try different goals, monthly budgets, and performance packages. As you move the sliders, the raise details show how your choices change valuation, runway, and token allocation.
- Treasury (80%)
- $120,000
- Liquidity (20%)
- $30,000
- Monthly draw
- $8,000
Backers see the full money map on your raise page, where every dollar sits, and both ways the raise can end.
- Your first unlock happens when backers are up
- 2x
- Cost to go live
- $15
Carry these numbers into a draft, then refine them for your team. Or start from AGENTS.md.
Founder's Q&A
Read the short answer here or open the linked documentation for full mechanics.
What does launching cost?
$15 creates a saved draft. MetaLeX entity formation has no separate fee and is completed inside the create flow.
What happens if I miss my goal?
If the goal is missed, each backer can claim 100% of their contribution. Claims are not automatic. The $15 draft fee is not refunded, the raise page remains available, and you can create a new raise linked to the first.
What should I prepare before launch?
Prepare a working product link when available, a sourced use-of-funds plan, a monthly budget, team and company links, and specific risks. The create flow shows which disclosure fields are complete. Before launch, line up commitments for 25–50% of your goal from your network and social media. Raises that open with that much support do best.
When does my performance package unlock?
In five equal tranches at 2x, 4x, 8x, 16x and 32x of the raise entry price. Nothing can unlock during the minimum 18-month lock period. After that period, a tranche unlocks only while the 3-month average price remains above its threshold. If the token never reaches 2x, no performance-package tokens unlock.
What happens if the company is acquired?
Anyone can acquire the company by making a proposal. If the proposal passes, the purchase price goes into the company treasury and is distributed to token holders pro rata.
What if it doesn't work and we wind down?
Winding down requires a proposal. If it passes, cash in the treasury is distributed to token holders pro rata and the performance package is burned. You keep the company IP.
Who reads my raise besides humans?
Every raise publishes an agents.md file with its structured public information. The file can be read by AI assistants and links back to the source raise page. llms.txt lists every raise's file.
What the money obligates you to
Each item names a published term or program rule that applies after funding.
The IP declaration records which assets are assigned to the Cayman company. The B1 filing records the required disclosures. How the entity works
The program limits monthly withdrawals to the published amount. Spending above that amount requires a proposal. Budgets and proposals
A spend above the monthly cap requires a pass/fail proposal. Anyone can publish a proposal draft. How proposals go live
The published milestones remain on the raise page. The operate page shows their recorded status.
The unlock ladder is public before commitments. Each tranche also remains subject to the minimum lock period. Reading tokenomics
Available treasury data, budget terms, and governed decisions appear on the public operate page.
Start with a draft.
$15 to save it. Review your terms before you publish.