# Simulfund * Startup Funding — Term Sheet Hacks—AI—Pro Tools > AI-powered app for startup financing deals, term sheets, and cap table analysis. (iPhone/iPad app by jerome desilles.) - Source: https://appshunter.io/ios/app/simulfund-startup-funding/id1434220501 (this page in markdown: same URL + `.md`) - Developer: [jerome desilles](https://appshunter.io/developer/1432219769) - Category: Finance, Business - Price: $5.99 - Rating: 4.00/5 from 1 App Store ratings - Age rating: 4+ - Requires: iOS 16.4 · 29 MB - Languages: American English - Released: 2018-09-02 - Data updated: 2026-09-13 - Monetization: paid - User reviews in markdown: https://appshunter.io/ios/app/simulfund-startup-funding/id1434220501/reviews.md ## What is Simulfund * Startup Funding? The only private, AI-assisted app that helps you master, negotiate, and create financing deals for Startups. Designed for founders, shareholders, entrepreneurs, business angels, venture capital firms, legal professionals, and students; Simulfund lets you deal with key terms and clauses that could be relevant in equity financing, including: • Cap tables and Option Pools • Preferred Stock and Protective Provisions • Anti-Dilution and Liquidation Preferences • Cumulative Dividends, Co-Sale Rights, ROFR, and many other Venture Capital Terms … Save time and innovate with AI that helps you carefully review, understand, and create startups financing deals. IT ALL STARTS WITH FINANCIAL CALCULATORS • Quickly calculate the value of a startup company. • Show the stock dilution when additional shares are issued. • Investigate how equity financing affects a business’s valuation. • Include an option pool and send the data to the Term Sheet Editor. • Anticipate the value of shares for both current and new shareholders. • Import cap tables data from Term Sheet’s file into the financial calculator. GET A TERM SHEET EDITOR AND HACKS • Create, decrypt term sheets rapidly, even as a beginner. Get a lawyer if needed. • Explain and reveal terms that could be very appropriate for early-stage financing. • “Hack” or master terms that could significantly impact your venture capital deals. • As an investor, manage your deal terms through files, and AI can help you negotiate. • As a lawyer, export and import data, "Hack" or draft clauses with AI-assisted analysis. • As a founder, AI could help you detect unfavorable clauses or share effective documents. AN APP WITH NO EQUIVALENT • Simulfund offers AI features, a concise term library, and a Term Sheet Editor. • Work remotely with clients, partners, or lawyers using effective documents. • Privately draft, “Hack”, or rewrite your clauses using optimized AI models. • AI helps you with clauses that could be unusual, risky, or unfavorable. • Export or import Simulfund files across all iOS and macOS devices. • Encrypt or export your app’s data; use CSV, PDF, or .txt files. PRIORITIZES CONFIDENTIALITY & SECURITY • All data is stored and encrypted locally; everything works offline. • Local AI and on-device processing protect data from illegal access. • Control access with Face ID or Touch ID, without creating an account. • Keeps your data encrypted, even when the app runs in the background. • Over 90K lines of code, built from the ground up using Apple’s secure APIs. • Preserves confidentiality, as we don’t use ads, third-party SDKs, or trackers. ADDITIONAL FUNCTIONALITIES • Rapidly insert your clauses into the text of the term sheet. • Monitor AI models and manage its memory footprint. • Find and/or replace word occurrences in one click. • Auto-generates and handles all encryption keys. • Full support for split-view and multitasking. • Compatible with right-to-left layouts. Take advantage of this powerful investment tool anywhere to boost productivity, finance your business plan, or invest in a start-up company. It is your VC copilot, both enriching to use and designed with unparalleled features. Now, available for Macs as well. ”Cited by BERKELEY LAW’s The Network as an AI tool helping founders navigate venture capital term sheets and legal risks.” «Knowledge changes everything !» ## Key features - AI-assisted deal negotiation and creation - Financial calculators for startup valuation - Term sheet editor with clause analysis - Cap table and option pool management - Offline data processing and encryption - Face ID/Touch ID access control ## Frequently asked questions about Simulfund * Startup Funding ### What is Simulfund used for? Simulfund is an AI-powered application designed to help users master, negotiate, and create financing deals for startups. It provides tools for analyzing term sheets, managing cap tables, and calculating financial projections. ### Is Simulfund available on multiple devices? Yes, Simulfund is compatible with both iPhone and iPad devices, allowing for seamless data import and export across your Apple ecosystem. ### How secure is Simulfund? Simulfund prioritizes confidentiality and security by storing and encrypting all data locally, ensuring offline functionality and protecting user data from unauthorized access. It uses Face ID or Touch ID for access control without requiring an account. ### Does Simulfund have ads? No, Simulfund is ad-free and does not use third-party SDKs or trackers, ensuring a private and uninterrupted user experience. ### What are the key financial terms Simulfund can help with? Simulfund can assist with understanding and managing terms such as cap tables, option pools, preferred stock, anti-dilution, liquidation preferences, and various other venture capital terms. ### How does the AI in Simulfund assist users? The AI in Simulfund helps users review and understand financing deals, detect unfavorable clauses, negotiate terms, and draft or rewrite clauses efficiently. It can also assist legal professionals in drafting clauses with AI-assisted analysis. ### What file formats can Simulfund export or import? Simulfund supports exporting and importing data in CSV, PDF, and .txt file formats, making it easy to share and integrate with other tools. ### What is the update frequency for Simulfund? The latest version of Simulfund is 3.8.2, and it was last updated on April 2, 2026. This indicates a commitment to regular updates and improvements. ## Version history (last 5 releases) ### 3.8.2 — 2026-04-02 Simulfund 3.8.2 for iOS adds a new 1.7B local AI models in “non-thinking mode,” that supports devices with low memory plus Resolves errors with calculators. Version 3.8.2 improvements and fixes: • A new 1.7-B model has been introduced to run AI with a small memory capacity. • Fixed the errors affecting the cap table calculators. • Improved coherence in the model descriptions. • Removed several other errors. Version 3.8: • Introduces a new feature that enables users to save and edit prompts for AI in the term sheet editor. • These prompts can be personalized to draft, "Hack", and rewrite clauses of a term sheet. (2) • Enhanced "Hack" tool for scanning clauses that could be unusual, risky, or unfavorable. • The term sheet editor’s key terms detection function has been improved. • Information for AI models and descriptions has been updated. • Enhancing the UX to deliver a responsive user interface. • Changing the sizes of the font has been improved. • Improved memory handling when AI is running. ≪We’re always on the lookout for ways to make things better, and your feedback is important !≫ Simulfund 3.8.2 is also made for Macs with a new possibility to Import PDF term sheets in the chat to highlight red flags. Visit www.simulfund.com for more information. (1) It’s advisable to disable the background protection while using the hack tool on Clause or downloading local models to prevent any malfunctions. (2) If you’re not a professional, consult a qualified attorney for specific legal questions or advice. Even if the new "Hack" function has been tested on clauses in other term sheets, all the information provided by this app and the AI local models is solely for informational purposes. ### 3.8.1 — 2026-02-01 Simulfund 3.8.1 for iOS adds a new 8B local AI model in “non-thinking mode,” plus the enhanced Hack tool now evaluates clause favorability (investor vs. founder). It also improves memory handling and fixes a fatal error. Version 3.8.1 improvements and fixes: • Fixed a fatal error that may prevent new users from downloading local AI models due to a missing storage directory. • Prevents stopping AI models when the device is going to sleep and background protection is activated. (1) • The “Hack” feature now assesses whether a clause could be favorable to the investor or founder. • Improved management of AI models to get better performance, memory, and cache handling. • Adds the newly released Qwen3 8B local model, configured in "non-thinking mode." • Addresses some layout issues that occur when the display is in landscape mode. • Fixes some layout issues when the display zoom is activated. • Adds cellular network capability to download local models. • Corrects some errors in the model descriptions. • Removes several other errors. Version 3.8: • Introduces a new feature that enables users to save and edit prompts for AI in the term sheet editor. • These prompts can be personalized to draft, "Hack", and rewrite clauses of a term sheet. (2) • Enhanced "Hack" tool for scanning clauses that could be unusual, risky, or unfavorable. • The term sheet editor’s key terms detection function has been improved. • Information for AI models and descriptions has been updated. • Enhancing the UX to deliver a responsive user interface. • Changing the sizes of the font has been improved. • Improved memory handling when AI is running. ≪ We’re always on the lookout for ways to make things better, and your feedback is important ! ≫ Simulfund 3.8.1 is also made for Macs with a new AI chat feature with unlimited contextual discussions. Visit www.simulfund.com for more information. (1) It’s advisable to disable the background protection while using the hack tool on Clause or downloading local models to prevent any malfunctions. (2) If you’re not a professional, consult a qualified attorney for specific legal questions or advice. Even if the new "Hack" function has been tested on clauses in other term sheets, all the information provided by this app and the AI local models is solely for informational purposes. ### 3.8 — 2026-01-01 Simulfund 3.8 for iOS improves the "Hack" tool for scanning clauses that could be unusual, risky, or unfavorable. It introduces a feature that allows users to save, edit AI prompts used to draft, or "Hack" clauses. Version 3.8 improvements: • Introduces a new feature that enables users to save and edit prompts for AI in the term sheet editor. • These prompts can be personalized to draft, "Hack", and rewrite clauses of a term sheet. (1) • Enhanced "Hack" tool for scanning clauses that could be unusual, risky, or unfavorable. • The term sheet editor’s key terms detection function has been improved. • Information for AI models and descriptions has been updated. • Enhancing the UX to deliver a responsive user interface. • Changing the sizes of the font has been improved. • Improved memory handling when AI is running. Version 3.8 fixes: • Removes errors when term sheet text is edited; lags may appear when the user types text. • Resolves errors when the system window is called and returns to the previous application. • Corrects errors in the UI when the toolbar appears with the keyboard. • Fixed several other errors with the UI. • Enhanced performance. ≪We’re always on the lookout for ways to make things better, and your feedback is important! Let us know what you think!≫ Simulfund 3.8 is also made for Macs with a new AI chat feature for long and unlimited contextual discussions. Visit www.simulfund.com for more information. (1) If you’re not a professional, consult a qualified attorney for specific legal questions or advice. Even if the new "Hack" function has been tested on clauses in other term sheets, all the information provided by this app and the AI local models is solely for informational purposes. ### 3.7 — 2025-11-28 Simulfund version 3.7 for iOS adds a new AI model supporting strong complex reasoning tasks and long-context support, introduces a sleek iOS 26 interface, and makes the “Hack” clause tool smarter. Version 3.7 improvements: • Incorporates Qwen3-4B AI model with long-context support, optimized for complex tasks Reasoning.(1) • Integrates Apple’s latest MLX engine for faster, more reliable, and power‑efficient local AI processing.(3) • Enhances the core “Hack” tool, improving its precision in analyzing and optimizing contract clauses.(2) • Added new to the "Glossary", covering typical return multiples and average founder dilutions in US. • Refreshes the interface for iOS 26, offering a more modern and responsive user experience. • Use Stage Manager and Widowed Apps multitasking modes on compatible iPads. • The downloading functionality for AI models has been optimized for reliability. • Updated the interface for smoother integration with Liquid Glass. Version 3.7 fixes: • Removes errors when data protection is enabled and the app ends background mode. • Added compatibility for the new iPhone Air. • Fixed several other errors. • Enhanced performance. ≪We’re always on the lookout for ways to make things better, and your feedback is important! let us know what you think!≫ Simulfund 3.7 is also made for Macs with an AI chat feature for startup financing and term-sheet hacks discussions. Visit www.simulfund.com for more information. (1) Local AI functionalities require iOS 16. Accuracy also depends on model size and device capabilities. (2) If you’re not a professional, consult a qualified attorney for specific legal questions or advice, even if the new "Hack" function has been tested on other term sheets. (3) All the information provided by this app and the AI local models is solely for informational purposes. ### 3.6 — 2025-08-29 Simulfund version 3.6 for iOS* introduces a new "Hack" function on clauses, an enhanced user interface, and a security vulnerability fix. (3) Version 3.6 improvements: • Added a "Hack" function that explains a clause, highlights possible vulnerabilities, and automatically redacts a new one. (1) • The new "Hack" function outlines the benefits that investors and founders can anticipate from the clause. (2) • The new "Hack" function also works on clauses found within other term sheets; just paste it in the text. (2) • Thanks to an anonymous feedback, security has been improved to protect data. • Improved instructions to draft and rewrite clauses with the local AI models. • Optimizes the AI model’s responsiveness and computational efficiency. • Added default new content in "My List of Terms" note app. • The private correction feature with AI has been improved. Version 3.6 fixes: • Eliminates errors in the functionality for selecting a Title clause with its subtitle to generate a clause. • Eliminates an error that could render the AI engine non-responsive. • Fixed several other errors. ≪We’re always on the lookout for ways to make things better, and your feedback is important! Take a quick look and let us know what you think!≫ *Simulfund 3.6 is also available for Macs with the AI chat feature dedicated to startup financing and term-sheet hacks discussions, and for more information, please visit www.simulfund.com. (1) Local AI functionalities require at least iOS 16. Keep in mind that the accuracy of a local AI model is influenced by its size and your device’s capabilities. (2) Despite the new "Hack" function having already been tested on clauses of other term sheets, if you’re not a professional, it’s crucial to consult with a qualified attorney for specific legal questions or advice. 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User reviews are verbatim App Store reviews. Ratings, prices and chart positions refresh continuously; this snapshot is from 2026-09-13.*