Post-money valuation equals pre-money valuation plus the amount of new money raised in the round, and a new investor’s ownership percentage is calculated as their investment divided by the post-money valuation. When you see a startup described in the press as “now valued at $X,” that figure is nearly always the post-money number, since it’s the larger, more headline-friendly figure and the one both the company and investors have the most incentive to publicize.

A nuance worth remembering: post-money valuation is a negotiated figure reflecting expected future growth and investor confidence, not a literal statement of how much cash the company has in the bank or what its assets are worth on a balance sheet — a startup can have a high post-money valuation and still be losing money every month.

🇵🇭 Philippine Example

Voyager Innovations, the parent company of PayMaya and Maya Bank, is publicly reported to have reached a post-money valuation of US$1.4 billion after its US$210 million raise in April 2022 — making it the clearest, most well-documented post-money valuation benchmark disclosed in the Philippine startup market to date, alongside Mynt/GCash's US$300 million unicorn round in November 2021.

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