Today, 1st August 2022, start-up funding round legal platform FounderCatalyst is announcing the launch of a new set of materials available to early-stage founders to help create time and cost efficiencies in the process of securing funding.
The resources, which include term sheets and forecast models are designed to respond to the wide range of materials founders need to secure funding but can cost large amounts of time and money to create.
As economic instability continues, many raises are being delayed and process costs are increasing, founders will be looking to reduce and defer costs. So, while all other companies charge for access to such resources, FounderCatalyst is making them free to access in a bid to further their mission to democratise access to early-stage equity funding, and help them go further with less
Sam Simpson, CEO at FounderCatalyst and angel investor said:
Our goal has always been to make the process of getting funding easier and more cost effective for founders. As a founder myself, I know how tough it can be, and since exiting my last business I have made it my mission to ease access to early stage legals. Providing a growing collection of tools, templates and resources offered for free to early-stage founders is just one more way that we’re making it easier for founders to get the help and advice they need on the investment journey.
The documents available include:
- Founder Collaboration Agreement - helps founders to think about, discuss and agree on the key decision points.
- Term Sheet – sign up for free and we'll produce a customised Term Sheet in 30 minutes or less.
- Forecast Model - Our 'minimum viable forecast model' is simple and easy to tailor to your business.
- Advisor Agreements - A set of agreements you can use to incentivise advisors with vesting shares whilst protecting your IP and providing market standard confidentiality, GDPR obligations and conflict of interest clauses.
- Non-disclosure Agreement - This legally binding document ensures that any information you share with the other party is treated as confidential.
FounderCatalyst is the only cost effective and fixed price way of undertaking a funding round, with no monthly fees, hidden costs or % of money raised. Our mission is to be the trusted legal platform of choice, creating all the necessary funding legal paperwork quickly and professionally, at a fixed price of £1,495 (excluding VAT) irrespective of how much you are raising.
You can find the new resources at www.foundercatalyst.com/free-stuff.
Notes to Editors:
To discuss the FounderCatalyst service in more detail please contact Sam Simpson at sam@foundercatalyst.com
About FounderCatalyst:
FounderCatalyst was created by a team of successful entrepreneurs, angel investors and lawyers to simplify and accelerate the early-stage investment legal journey.
FounderCatalyst was born out of a desire to help founders, investors, advisors and funds with the legal stage of the funding raising journey.
Our mission is to be the trusted legal platform of choice, creating all the necessary funding legal paperwork quickly and professionally, at a fixed low price. To simplify and manage the funding process, raising everyone’s chances of success.
At FounderCatalyst, we help founders make their UK startups investor-ready, close funding rounds, and motivate their teams. We handle SEIS and EIS advance assurance, fundraising legal paperwork, data rooms, cap table management, and set up EMI and unapproved share option schemes. Book a call with an expert to learn more.
