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!
Simple and cheapCons:
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.
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 firmAlex Templeton has used this product for one year.