How do I update a company's valuation when we didn't participate in the funding round?

How do I update a company's valuation when we didn't participate in the funding round? It must be documented as it affects our ownership share and company valuation (dilution).

You can use the “Update ownership/ Fair value” - instrument to add details of the funding round and update your ownership and fair value. 

To update a company's valuation when it changed without your participation in the funding round, you can use the "Update Ownership/Fair Value" feature. Here's how:

  1. Go to the APP section in the top bar
  2. Select INVESTMENTS from the left side menu
  3. Click the "Add Transaction" button at the top right or the plus icon next to the company
  4. Choose "Update Ownership/Fair Value"
  5. Select the target company, add the transaction date, and enter the new valuation details
  6. Select "Yes" for "Is this ownership/valuation update related to company's funding round?"
  7. Provide funding round information, including round size and total funding raised
  8. For "Role in the funding round", you can select "Did not participate".

This process allows you to document the valuation change and update your ownership share, even if you didn't participate in the round.