Pre-revenue startup · Bill Payne method

Startup Scorecard Valuation Calculator

Compare a startup with similar local deals, apply weighted strengths and estimate a negotiation-ready pre-money valuation.

Benchmark and company scores

CurrencyComparable median pre-moneyNew investmentFully diluted shares before financingManagement team score (%)Weight 30%; 100% = comparable averageOpportunity size score (%)Weight 25%Product/technology score (%)Weight 15%Competitive environment score (%)Weight 10%Sales/channels/partners score (%)Weight 10%Additional funding need score (%)Weight 5%Other factors score (%)Weight 5%

Valuation result

Weighted company score—

Premium or discount to median—

Recommended pre-money valuation—

Post-money valuation—

Investor ownership—

Existing holders after round—

Implied price per share—

New shares issued—

Valuation adjustment amount—

Investor ownership at median—

How the scorecard method works

The calculator multiplies each company score by its factor weight, adds the contributions, and multiplies the resulting score by the median pre-money valuation of comparable pre-revenue companies. A score of 100% means average for that factor.

The weights follow the Angel Capital Association’s Bill Payne Scorecard Method: team 30%, opportunity 25%, product 15%, competition 10%, sales and partnerships 10%, additional investment need 5%, and other factors 5%. This subjective estimate supports negotiation and is not investment advice.