SeedLegals

A quick and simple way to close your first funding round

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Friends & Family Rounds by SeedLegals is a super quick and simple new way to close your first funding round. All the legals in one super easy-to-manage workflow: Investor Agreement, Articles, Board Minutes, SH01 ready to file at Company House, issue share certificates to your new investors.. and away you go!

Reviews

  • Robin AllensonFounder & CEO Lone.biz
    Pros: 

    Simple and cheap

    Cons: 

    Still requires understanding of the terms involved in the negotation and some accountancy basics.

    A friend used this for their seed round, but I found that he still needed to understand some basics. Still: really useful.

    Robin Allenson has used this product for one week.
  • Alex Templetonco-founder, Qure
    Pros: 

    Ease of use, accuracy, great support, cheaper than a lawyer!

    Cons: 

    Will be amazing as they build out support beyond seed round

    They actually identified and corrected previous errors made by a legal firm

    Alex Templeton has used this product for one year.

Discussion

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Anthony RoseMakerPro@anthonyrose · Founder & CEO, 6Tribes
Hi Product Hunt 👋 I’m Anthony, co-founder of SeedLegals. Our team has been working hard and we’re super excited to share it with the Product Hunt community! The first injection of capital for any startup is vital, but there's often a huge % spent on legals. Without the proper documents showing who owns what, a founders’ friends, family and first investors can often get left with nothing later on when VC's or angels invest. So we’ve made it quick and simple to close your first round - without spending the huge % on the investment agreements. Add your investors and generate all the legals you need in one super easy-to-manage workflow: Investor Agreement, Articles, Board Minutes,, issue share certificates to your new investors.. and away you go! Try it out, it's free to create your CapTable, create team agreements and start your round. It would be great to hear your feedback. Thanks!
Rayhan Rafiq Omar@rayhanrafiq · Chief Detail Officer, Unmortgage
Can't believe modern VCs would subject entrepreneurs to lawyers when Seedlegals exists. Can get around a screen, tweak the terms and you're done. All the docs you possibly need.
JeremiahPro@_jeremiahs · Founder @ startuptracker.io 🎯
Potential game changer for UK startups. It costs at least 2x the amount when doing friends and family investment docs at the moment 💸
SeedLegalsMakerHiring@seedlegals · SeedLegals
Thanks @_jeremiahs!
Pratik Shetty@pratik_shetty · Creator of VideoWiki
Awesome product :) Liked the simplicity. All I have to do now is find relatives who are willing to invest. I hope someone makes an app for that too :P
Anthony RoseMakerPro@anthonyrose · Founder & CEO, 6Tribes
@pratik_shetty It's already with us! We work with http://sparkup.co/ - that's what they do 😎
Nigel Copley@caleoroco · Founder @ WordTail.com
great, easy to use, great team, very helpful, highly recommended if you want the process to be simple and smooth