Post-money valuation and VC ownership

You founded a firm three years ago. You started with $0.3 million, which gave you 1.5 million shares. You later sold 1 million shares to angel investors. Now, a VC firm wants to invest $6.7 million in exchange for 3 million new shares.

1. What is the post-money valuation (in million)?

✅ Post-money = Total shares × Price per share = (5.5) × (2.23) = 12.28 million

2. What percentage of the firm will the VC own?

✅ VC Ownership = 3 / (5.5) × 100 = 54.55%