Beacon AI: Managing Equity on Pulley for a Seed Stage Startup

Company

Beacon AI builds R2-D2 for pilots. Their AI product improves flight safety and efficiency for pilots. With leadership combining aviation experience and self-driving software expertise, Beacon AI understands pilots’ needs unlike legacy approaches. This blend of real-world flying know-how and technical prowess enables Beacon AI to innovate the future of aviation with an AI copilot designed to complement human pilots.

Challenge

When we first met with the Beacon AI team, we found their capitalization table on Pulley was disorganized and out of date. They had previously worked with another law firm that left their cap table records in disarray.

Solution

After receiving the capitalization table records from Beacon AI’s founder, we began tidying up their cap table. Our goal was to ensure the team was receiving proper equity compensation and that all details were accurately documented in Pulley.

Impact

After our engagement, Beacon AI gained peace of mind with a tidy cap table. This allows them to spend less time focusing on cap tables and more time focusing on their aviation future.

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