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Can I do a priced round on Wefunder?

Yes!  However, 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 complex terms, doing priced equity might be a good option.  Your law firm should provide these documents.  However, if you'd like to save money, you can send them the CooleyGo Series Seed Generator.  

Can't find what you're looking for?

Email us: support@wefunder.com