The process

From upload to signed report. 48 hours.

Every step is transparent. You know what happens, when, and what you need to do.

Start process

Have questions? Book a 15-min call →

Not ready to start? Get the free document checklist.

We'll email exactly what you need ↓

Enterprise value

Comparables

Equity allocation

Common stock

DLOM

FMV per share

Every step documented. Every assumption cited. Signed by an independent appraiser.

Step by step

Five steps. Zero surprises.

A clear timeline you can share with counsel and investors.

1
Day 0
Engage and upload
Your action
Choose plan, checkout (3 min), upload docs. No call required.
What we do
We create your workspace and assign your engagement.
2
Same day
Document completeness review
Your action
If anything is missing, we send a specific request. Most founders are ready in under an hour.
What we do
Cap table reconciliation, financials check, financing doc review. Once cleared, 48-hour clock starts.
3
Hours 1–48
Expert analysis and modeling
Your action
None required. Clarifying questions come via specific email.
What we do
Enterprise value (market/income/asset per AICPA). Equity allocation. DLOM analysis. Full report.
4
48 hrs after clearance
Draft report delivered
Your action
Review for factual accuracy. Two rounds of revisions included.
What we do
Standing by for feedback. Methodology set by expert judgment.
5
48 hrs after feedback
Final signed report + action package
Your action
Send board resolution to counsel. Start granting options.
What we do
Report signed. Board resolution, strike-price schedule, event checklist delivered.

+$500

Expedited option

Priority queue, guaranteed same-day start. Document review begins within hours. Your draft is prioritized ahead of standard engagements. Same methodology, same quality.

Free document checklist

What you need to get started

We'll email you a PDF with everything organized and where to find each document.

Required

Certificate of incorporation (all amendments) — corporate attorney

Fully diluted cap table — equity management tool or counsel

Financing documents (term sheet, SPA, SAFE, or note) — deal folder

Balance sheet near valuation date — accountant or bookkeeping software

Income statement (YTD + prior year) — same source

Helpful

○Investor pitch deck

○Financial projections

○Prior 409A report

○Option plan summary

Get the PDF checklist

Ready when you are

From upload to signed report. 48 hours.

Pick a plan and start the same day. Or book a quick call to walk through your cap table first — your choice.

Start your 409A Or book a 15-min call →

From $2,000/year · Expedited +$500

Questions? team@express-409a.com