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Can I do a priced round on Wefunder?

Yes!  While we can provide you a template to use as a starting point with your lawyers, due to the complexity of priced rounds we don't have a default contract out of the box.  We believe it's more wise for a founder to work with a law firm on these documents.  We can upload into our system any custom agreements your law firm provides.  

For an earlier-stage company, we typically recommend a SAFE or a convertible note.  Besides being a dramatically simpler agreement, it allows the founder to do high-resolution fundraising.  

However, if you have a major investor who can anchor a round (typically investing $250,000 or more) and negotiate the terms, doing priced equity might be a good option.  Your law firm should provide these documents. 

Can't find what you're looking for?

Email us: support@wefunder.com