Whether you’re just starting out and considering a SAFE or convertible note, or you’re an established startup navigating a priced equity round with institutional investors, we have the experience and knowledge to guide you. Our deep understanding of venture capital finance allows us to give our clients a 360-degree view of an investment, from understanding the control rights that investors will demand to modeling the dilution that founders will experience based on various terms in proposed financing instruments.
Whether you're just starting out and considering a SAFE or convertible note, or you're an established startup navigating a priced equity round with institutional investors, we have the experience and knowledge to guide you.
Our deep understanding of venture capital finance allows us to give our clients a 360-degree view of an investment, from understanding the control rights that investors will demand to modeling the dilution that founders will experience based on various terms in proposed financing instruments.
Our Financing Legal Services for Startups & Private Companies
A core element of our services is representing startups and private companies in the process of raising outside capital.
Having represented scores of companies in capital raises, we will be able to manage collateral aspects of the process, such as corporate clean-up, cap table refinement, and regulatory compliance.
Our services include:
- Guidance on SAFEs (simple agreements for future equity) and convertible notes
- Support for priced equity rounds from Series A and beyond
- Advice on venture debt financing
- Assisting with response to due diligence requests, and associated corporate cleanup
- Securities law compliance
- Investor representation
Results
What Our Clients Say
How It Works
STEP ONE:
STEP TWO:
We’ll determine your business’ needs and whether we can help.
STEP THREE:
If we’re a good fit, we’ll get to work getting your business where it needs to be.
Frequently Asked Questions
The fundraising process for startups and emerging businesses can be complex and fraught with challenges. Common pitfalls in the fundraising process include: Lack of preparation, which can undermine investor confidence if founders are unable to adequately address investor concerns and questions about the business; not fully understanding the terms of different financing options and failing to negotiate favorable terms, which can lead to suboptimal deals; making potentially false or misleading statements to investors and failure to comply with relevant securities laws and regulations, which may result in legal liability and reputational damage.
Braverman Law can help your company avoid common pitfalls through the following:
- Preparation: We can review your current corporate structure, help you in responding to investor questions and perform whatever cleanup may be necessary.
- Understanding; Negotiation: A priced round (Series A and beyond) will involve complex changes to the company’s governance and capitalization structure. But even seeding fundings, such as convertible notes or SAFEs, despite their brevity, can be complex and nuanced. Founders may not grasp the intricacies of the documents they are being asked to sign, such as whether a convertible note or SAFE is post-money and the mechanics of the conversion process. We can help founders thoroughly understand the implications of the proffered documents, including offering support in modeling the post-money capitalization. Armed with this knowledge, we can guide founders in developing a negotiation strategy that prioritizes the issues that matter most to them.
- Compliance: Securities laws are a real thing, and failure to comply with them can have serious consequences, such as giving a buyer the right to rescission. This could be catastrophic for a startup, and the founders could be individually liable. We can help your company avoid making misstatements to investors, and navigate federal and state securities laws, determining the most suitable exemption from registration, and ensuring that necessary filings and procedures are followed.
Startup companies and emerging businesses have various financing options available to them, including SAFE agreements, convertible notes, equity crowdfunding, and different rounds such as Series A. We can help your company understand the pros and cons of each option.
