Seed funding, simple.

Straightforward legal for standard seed docs. Packages to help your new startup close an early equity financing round with leading industry docs.

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SAFE

"Simple Agreement for Future Equity"

Starting at 1,500$

Package Includes ▼

What it is

A SAFE is an agreement between an accredited investor and a company that provides rights to the investor for equity in the company similar to a warrant, except without determining a specific price per share. The SAFE investor receives the future shares when a priced round of investment or liquidation event occurs.

What we do

Legal assistance in closing a Podlegal Canadianized (Quebec) version of one the four Simple Agreement for Future Equity templates “SAFE” from Y Combinator (external link).

What's included

Unlimited coaching: venture capital financing Legal advice, education and strategy for the closing of your SAFE. Unlimited for 2 months.

Drafting: All SAFE-related closing documentsWe draft all the corporate documents enabling the closing of your transaction, such as your board and sharholders' resolutions, as applicable. Modifications to SAFE template not included.

Certain conditions & assumptions

Starting price based on the assumptions that (1) you are a very early stage startup, (2) you are dealing directly with one single accredited investor, and (3) that the whole transaction will qualify for a prospectus exemption (external link; this may be hard to grasp on your own, but feel free to ask us for an explanation in plain English).

The package does not include legal services to your investor(s).

We may need to evaluate with you if this package can really meet your startup's needs.

Other conditions apply, feel free to schedule a meeting with us to further discuss.

KISS

"Keep It Simple Security"

Starting at 2,000$

Package Includes ▼

What it is

The KISS documents are standard convertible financing documents aimed at startups and accredited investors designed to be flexible without being overly customizable and relatively balanced from both a company and investor standpoint. Two versions are available: an equity version (without interest or maturity) and a debt version (with an interest rate and a maturity feature).

What we do

Legal assistance in closing a Podlegal Canadianized (Quebec) version of one Keep it Simple Security “KISS” instrument based on the popular template from 500 Startups (external link).

What's included

Unlimited coaching: venture capital financing Legal advice, education and strategy for the closing of your KISS. Unlimited for 2 months.

Drafting: All KISS-related closing documentsWe draft all the corporate documents enabling the closing of your transaction, such as your board and sharholders' resolutions, as applicable. Modifications to selected KISS template not included.

Certain conditions & assumptions

Starting price based on the assumptions that (1) you are a very early stage startup, (2) you are dealing directly with one single accredited investor, and (3) that the whole transaction will qualify for a prospectus exemption (external link; this may be hard to grasp on your own, but feel free to ask us for an explanation in plain English).

The package does not include legal services to your investor(s).

We may need to evaluate with you if this package can really meet your startup's needs.

Other conditions apply, feel free to schedule a meeting with us to further discuss.

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CONVERTIBLE

A more customized option: convertible note

Starting at 3,000$

Package Includes ▼

What it is

A convertible note is a debt instrument that may be converted into equity. In the context of a seed financing, the debt typically automatically converts into shares of preferred stock upon the closing of some later round of financing.

What we do

Legal assistance in closing one relatively standard convertible note document, based on our own templates. Recommended if SAFE or KISS documents do not offer enough debt attributes for your investors.

What's included

Unlimited coaching: venture capital financing Legal advice, education and strategy for the closing of your convertible note. Unlimited for 2 months.

Drafting: Convertible note + enabling documentsWe draft all the corporate documents enabling the closing of your transaction, such as your board and sharholders' resolutions, as applicable. Modifications to selected template not included.

Certain conditions & assumptions

Starting price based on the assumptions that (1) you are a very early stage startup, (2) you are dealing directly with one single accredited investor, and (3) that the whole transaction will qualify for a prospectus exemption (external link; this may be hard to grasp on your own, but feel free to ask us for an explanation in plain English).

The package does not include legal services to your investor(s).

We may need to evaluate with you if this package can really meet your startup's needs.

Other conditions apply, feel free to schedule a meeting with us to further discuss.