SAFE Document Agreement Lawyers

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FUNDRAISING

Raise capital.

SAFE Y Combinator Docs are used by startups to raise capital during their seed financing. Speak with a LawTrades to get it customized or reviewed before signing.
Ensure compliance


Save money long term
You get much more

Avg price range

Costs largely depend on the complexity of the project, location, and other details. Speak with our experienced project managers to get an exact price based on your unique project requirements. 
 
*Estimates shown
  • sAFE DOCUMENT AGREEMENTS

$285 - $900 avg.

LawTrades
Traditional Large Firm

What you need when raising capital

A SAFE (Simple Agreement for Future Equity) is a financing contract used by companies to raise capital in their seed financing rounds. A SAFE aims for long term stabilization by eliminating those features that make convertible debt risky. Unlike convertible notes, SAFEs are not a debt instrument and lack both a maturity date and an interest rate. SAFE agreements were created by Y Combinator and are intended to be simple and fair to both investors and founders, while preserving the flexibility of convertible notes. There are four versions of a SAFE and each are meant to be short and usually around five pages in length. This saves startups and investors a ton of time and legal fees on hammering out the details of a SAFE, but it’s always smart to have a simple agreement lawyer take a look before you sign.

The benefits

Confirm best form of funding 

There are other attractive options for companies - like KISS documents and convertible notes - and a simple agreement lawyer can assess if those sources suit your business better or using SAFE Y Combinator docs.

Assurance you’re doing it right 

Although a SAFE is meant to be simplistic, there are still mistakes to make. Also, it’s nice hearing from a simple agreement lawyer that the proposed terms of the agreement are fair and enforceable. 

You have an attorney to turn to 

There’s a good chance you’re going to like your simple agreement lawyer from LawTrades and want to keep using them. By setting up that relationship for SAFE Y Combinator Docs, you have a legal expert to turn to when in need. 

How it works

Evaluate.

Our legal team evaluates your business needs and designs a custom solution for your legal strategy.

Deploy.

We deploy the right legal talent to the right projects– both aligned with your company's culture and priorities.

Integrate.

We onboard your lawyers and they start contributing, supported by our senior legal staff.

Iterate.

Expand and contract work based on the fluctuating needs of your business.

How it works

Evaluate.

Our legal team evaluates your business needs and designs a custom solution for your legal strategy.

Deploy.

We deploy the right legal talent to the right projects– both aligned with your company's culture and priorities.

Integrate.

We onboard your lawyers and they start contributing, supported by our senior legal staff.

Iterate.

Expand and contract work based on the fluctuating needs of your business.

Reviews

Joel G.

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Everything was very streamlined; I tried contacting a "regular" law firm before setting up a LawTrades account, and they didn't even respond to me (even months later). LawTrades was so fast that I wasn't even prepared for it. Good stuff.

Stuart G.

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Excellent, straightforward service which was simple to use particularly when under a tight deadline.

Lori L.

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I am so thankful to have located Law Trades. As an indie publisher, I have a tight budget and help with legal documents can "break the bank". Law Trades offered a reasonable price - suitable for a small business like mine. The service was extremely professional and I was able to receive the legal document I needed in less than 1 week.

What people
are saying

(100+ Positive Reviews)

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Reviews

Joey C.

⭐⭐⭐⭐⭐
So far has been an excellent experience. My LawTrades attorney is excellent at what he does, has fair pricing, and is as excited to work with our company as we are to build it. LawTrades also has excellent customer support, and I've enjoyed using your interface as well to track invoices. The only thing I would want is the ability to delete projects, and to use your website on my tablet. Other than that, great work. Keep it up! I've already mentioned you to other founders and colleagues!

Justin P.

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I had an excellent experience with LawTrades. From the initial enquiry they located a lawyer (Sylvain) who was ideal for my needs. Sylvain was very friendly, efficient and provided a great service at a great price. I would not hesitate to use LawTrades or Sylvain again. The administration and process from start to finish was made as easy as possible by the LawTrades team.

Michael A.

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Have been working with them since back in 2015. They're building an amazing platform that's really going to disrupt how the legal practice has been looking at for quite a while. Big fan of what they are in the process of building, and the product itself is great too. Recommend this to anyone who's looking for a lawyer, but might be confused about where to start. LawTrades makes it super easy.

Frequently asked
questions

What’s the difference between convertible notes and SAFEs?
SAFE Y Combinator Startup Documents is like a convertible note in that the investor buys not stock itself, but the right to buy stock in an equity round when it occurs. A SAFE can have a valuation cap, or be uncapped, just like a note. However, unlike debt, a SAFE requires no fixed term or an interest rate. The overall setup of a SAFE requires less paperwork and formalities as well.
Can all types of businesses utilize SAFE documents?
No. One drawback of a SAFE agreement is that it requires a company to be incorporated, thereby restricting early stage LLCs from taking advantage of this agreement.
What are the different types of SAFEs?
There are four different versions of SAFEs: 1) Cap, no Discount; 2) Discount, no Cap; 3) Cap and discount; and 4) “Most Favored Nation” with no cap or discount.
What is a valuation cap? What is a discount?
A valuation cap (“cap”) entitles SAFE holders to convert into equity at the lower of the valuation cap or the price in the subsequent financing. A discount allows early investors the opportunity to purchase preferred stock at a cheaper rate at a future financing round.
What does a “Most Favored Nation” mean?
A most favored nation clause (also referred to as a “MFN clause”) allows a SAFE investor to elect more favorable terms that are offered to any subsequent investors following the original investor’s investment and prior to a next equity round.