Legal Documents

We believe in openness and transparency around the investment process so we’ve published our standard term sheets, legal agreements and accompanying user guides. These documents are free for anyone to download and use.

  • Advanced Subscription Term Sheet – this is our non-binding term sheet, which sets out the terms on which we’ll make an investment via an advanced subscription for equity. Advanced Subscription allows us to subscribe for some shares ahead of their actual issue and provides you with investment before the formal closing of a full equity investment round.
  • Advanced Subscription Agreement – details the terms of a new investment based upon advanced subscription for equity.

 

USER GUIDE

 

USER GUIDE

  • Venture SSHA – covers the terms of a new venture stage equity investment.
  • Venture Articles of Association – new governing constitution for venture stage companies we invest in (board composition, directors’ responsibilities and rights attaching to shareholdings etc).

 

USER GUIDE