---
title: "Free convertible note review tool"
description: "Get instant AI review of a convertible note: principal, interest, maturity, valuation cap, discount, conversion triggers, qualified financing."
canonical: "https://contracko.com/tools/convertible-note-review"
---
# Free convertible note review tool

Source: https://contracko.com/tools/convertible-note-review

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# Free convertible note review tool

Upload a convertible note and get instant AI analysis of the principal and interest, maturity date, valuation cap and discount, conversion mechanics and triggers, the qualified financing threshold, and subordination.

Upload your contract to start your free analysis

Drag and drop your contract here, or browse files

PDF or DOCX, max 50MB, up to 100 pages

What we'll analyze

Our AI engine reviews your contract and extracts key insights across multiple dimensions:

Risk assessment

Overall risk score with specific concerns

Key dates

Start, end, renewal, and notice deadlines

Obligations

Your duties and counterparty requirements

Financial terms

Pricing, payment terms, and penalties

Red flags

Unusual or concerning clauses

Liability & indemnity

Caps, exclusions, and indemnification

Your privacy, guaranteed

Enterprise-grade encryption

Never used for AI training

GDPR compliant

Deleted after analysis

## Frequently asked questions

Common questions about our convertible note review

- **Q:** What does this convertible note review tool check?
  **A:** It analyzes the principal amount and interest rate (and whether interest accrues and converts into equity), the maturity date and what happens at maturity if no round has closed, the valuation cap and discount that set the conversion price, the conversion mechanics and triggers, the qualified-financing threshold that forces automatic conversion, and any subordination to other debt. Unlike a SAFE, a convertible note is debt, so the tool flags repayment and default risk.

- **Q:** What happens at maturity if the note has not converted?
  **A:** The tool surfaces the maturity provisions: whether the note becomes repayable in cash, converts at the cap, or extends, and what the lender can do if it is not repaid. Because a convertible note is a debt instrument, an unconverted note at maturity is a real liability, which is the key difference from a SAFE.

- **Q:** Does it explain the valuation cap, discount and qualified financing?
  **A:** Yes. It extracts the valuation cap and discount (the note converts at whichever gives the holder the better price) and the qualified-financing threshold, the minimum new-money round size that triggers automatic conversion, plus any subordination that ranks the note behind senior lenders on a wind-down.

- **Q:** How long does the convertible note analysis take?
  **A:** Most convertible notes are analyzed in under 30 seconds.

- **Q:** What file formats can I upload?
  **A:** PDF and Word (DOCX) files are both supported.

- **Q:** Is my convertible note data secure?
  **A:** Yes. Your document is transmitted over TLS encryption, processed by AI providers under terms that exclude training on your data, and deleted from our servers within 24 hours.

## Try our other contract analysis tools

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