SAFE Document Agreement Lawyers

Sign-up to meet
lawyers now

Get started with a free legal assessment to identify your organization’s strengths and potential legal gaps.organization’s strengths and potential legal gaps.

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

blog
Blog is now empty.

What people
are saying

(100+ Positive Reviews)

⭐⭐⭐⭐⭐

Reviews

Christian C.

⭐⭐⭐⭐⭐
I found LawTrades through an eNewsletter called The Hustle, right around the time I was filing for some trademarks. I thought it would be a good opportunity to try out this service. It was SO EASY. LawTrades hooked me up with a Trademark Lawyer who was very knowledgeable, and he had GREAT COMMUNICATION skills. I felt like my business was in great hands, and I've already recommended a few colleagues to use LawTrades. I will definitely use them again, the next time I require legal services. Yes!

Azeem K.

⭐⭐⭐⭐⭐
I NEVER post reviews but these guys are on to something. I've used the service a few times and it's awesome. For things that my lawyer would charge me a ton of $ for, I'm able to do at a fraction of the price and manage all of my open items through the system. The lawyers on there are pre-vetted and great to work with, haven't had any issues. They also offer other free resources like contract templates, best practices, etc. I recommend them to my friends when I can.

Eduardo B.

⭐⭐⭐⭐⭐
I was interested in starting my own software consultancy (Beta Reduction) in the United States but since I lived in Mexico I wasn’t sure about the right way for a non-resident of the United States to start a company. Luckily, I found LawTrades which I have used for multiple projects ranging from incorporation to a consultation on how to begin preparing an application for an E-2 visa.

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.