Simple Agreement for Future Equity (SAFE)
Raise money quickly with a bespoke SAFE Agreement for your startup.
$900 (+ tax)
Not sure what you need? Book a call with our Legal Concierge.
The modern way to fund an early stage startup.
A SAFE is a way for a new startup to quickly raise money. When a startup has generated enough interest, it can expect to raise money through the issuance of shares in the near future. SAFEs are to generate funds immediately. A SAFE gives investors a discount on those future shares in exchange for making an investment.
Why book a SAFE Agreement?
An easier way to raise.
Raising money through SAFEs is much more simple than traditional convertible notes. Your SAFE is a simple document usually around 5 pages and requires minimal negotiation.
Quick cash with flexible terms.
Get your startup the cash flow it needs to continue growing and prepare for more complex financing, all without risking your equity at the wrong valuation. SAFEs have more flexible terms than equity deals and can often be better for early-stage companies and investors.
Develop your investor network.
By engaging potential investors early, and through a relatively simple first agreement, you can begin to develop and understand the network of funding that your start-up will rely on for years to come.
What's covered in a SAFE?
First you'll have a kick-off call with your Good Lawyer to discuss the current status of the SAFE. After the call, your lawyer will collect the documents they need to complete the Agreement. They will share a copy of the final document.
Book a SAFE Agreement
1. Project kick-off call to gather information, advise you and answer questions.
2. One customized SAFE.
3. One round of minor revisions if necessary.
How does a SAFE work?
1. Book a kick-off call
Pick a time to kick-off the project and discuss your SAFE with a Good Lawyer.
2. Design your Agreement.
Your lawyer will collect all the necessary information to draft your SAFE.
3. Revise the Agreement.
You might have to negotiate with your investors and co-founders regarding the agreement. The first instance of the agreement is often not the final document.
Finalize your Agreement.
Once all the negotiations are settled, you’ll get one round of revisions before your lawyer finalizes and sends you a digital copy of your new SAFE.
Book a SAFE
Get your paperwork done the easy way so you can get back to running your business.
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