Specialty models

Each is a distinct Excel file, sold separately, with different buyers and mechanics. None is a real estate model.

CapFall (Capital Waterfall)

Models how proceeds from an M&A transaction or financing event flow to each security holder. Most clients have cap tables with convertible notes, preferred with preferences, anti-dilution, options vesting, and warrants. CapFall computes the actual closing-table outcome, which often differs materially from fully-diluted percentages.

What it does that cap-table software does not: models the interaction of multiple preference layers, conversion rights, accrued dividends, and rational-investor decision logic at a future exit, concurrently across every security. TILT’s Rational Investor Algorithm simulates the closing-table decision each holder would make to maximize their own return.

Integration: accepts cap table exports from Carta, Pulley, Shareworks, or Excel. Deliverables: validation reports, distribution waterfalls, breakpoint analysis, per-holder return analysis. Page: /capfall/. For: late-stage venture-backed executives, corporate M&A attorneys, deal advisors.

Note

“Capital Waterfall” is the internal name. M&A attorneys are the strongest partner channel because they hand it to clients mid-deal. There is an open question about whether “Capital Waterfall, LLC” is a separate brand/entity; see Ownership & legal.

Startup financial models

Built on a core setup and tailored to each business. Used for fundraising, board reporting, scenario modeling, and operational forecasting from pre-seed through Series A and beyond. Justin adapts the revenue model, cost structure, and forecast horizon during the engagement. Page: /start-ups/. For: founders and CFOs at early-stage startups.

DICE (project risk analysis)

“Project intelligence, not project management.” User inputs an expected range of days per project step; DICE quantifies the schedule and cost uncertainty as “date late” and “dollars spent.”

Outputs: likelihood of completing by a given date, task prioritization by uncertainty contribution, cost impact of schedule slippage. Page: /dice-project-risk-analysis/. For: development, construction, or any multi-step initiative where schedule risk drives cost risk.

Capital Budgeting (municipal / public sector)

Capital budgeting model for municipal and public-sector financial planning. Used to evaluate capital projects, financing options, and long-term budget impact. Page: /capital-budgeting-model/. For: municipal finance staff, public-sector planners, and advisors to public entities.

Note

DICE, Municipal, RE Analyst, Startup, CFO, and FP&A launched as polished service lines in May 2026. Low or zero historical lead data on these is expected launch-mode, not a signal to deprioritize. Revisit at 6-12 months post-launch.