A guide to formulating this convertible security with a SAFE note

A Simple Agreement for Future Equity (SAFE) note is a type of financing instrument commonly used by earlystage startups to raise capital. It is an agreement between the startup and an investor where the investor provides funding in exchange for the right to convert that investment into equity at a later date, typically when the startup raises its next round of funding. This SAFE note template is a downloadable and ready to use resource for if your startup is considering this as a financial instrument.

A Simple Agreement for Future Equity (SAFE) note is a type of financing instrument commonly used by earlystage startups to raise capital. It is an agreement between the startup and an investor where the investor provides funding in exchange for the right to convert that investment into equity at a later date, typically when the startup raises its next round of funding. This SAFE note template is a downloadable and ready to use resource for if your startup is considering this as a financial instrument.

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This resource, and any guidance within it, must not be relied on as legal advice. We recommend that you seek specific advice to deliver an outcome best suited to your situation.
This resource, and any guidance within it, must not be relied on as legal advice. We recommend that you seek specific advice to deliver an outcome best suited to your situation.

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