We make it easy to generate custom documents on the templates created by Y Combinator (commonly referred to as “YC”). YC maintains a set of financing documents (referred to as SAFEs, which stands for Simple Agreement for Future Equity). The Sign and Wire Team has made a generator that helps you prepare your own customized set for your company. We also included the next steps, sending it to Investors to get their signatures and collecting the investment funds. Sign and Wire currently supports the newer “post-money” forms of SAFE from YC and beta support for customized documents generated by startup legal counsel.
We will continue to make forms and other documents available as we continue to receive feedback from our users and from the broader founder community of what additional documents you would find useful.
Note that we were not involved in the preparation of these forms and are not necessarily endorsing any form, or the use of those forms either generally or in any specific instance, since all have their pros and cons, and are just one organization’s opinion of what is, or what should be, a “market” standard document. We recommend that you get advice from a lawyer to help you understand the meaning of the documents, how they may impact you, which forms are appropriate for your company, etc. But if you know what you want to do, we think you and your attorney should have a simple way of generating the documents and handling the fundraising process.
As always, we welcome your feedback on this service or any other aspect of Sign and Wire.