--- title: "Do a Funding Round" id: "264" type: "products" slug: "raise-a-round" published_at: "2019-10-10T17:37:11+00:00" modified_at: "2025-11-26T09:51:28+00:00" url: "https://seedlegals.com/raise/raise-a-round/" markdown_url: "https://seedlegals.com/raise/raise-a-round.md" --- - [Raise](https://seedlegals.com/raise/) Do a Funding Round [Instant Investment](https://seedlegals.com/raise/top-up-a-round/) # UK #1 for funding rounds ## The faster way to do a funding round Raise your funding round on the UK’s #1 platform. Create and negotiate all your investment documents in one powerful, streamlined workflow. Unlimited expert help included. [Talk to an expert](https://seedlegals.com/talk-to-an-expert/) [Start free](https://app.seedlegals.com/signup) [4.9 out of five star rating on Trustpilot](https://uk.trustpilot.com/review/www.seedlegals.com?utm_medium=trustbox&utm_source=Horizontal) [Trustpilot](https://uk.trustpilot.com/review/www.seedlegals.com?utm_medium=trustbox&utm_source=Horizontal) - ## 60,000+ companies use SeedLegals - ## £3b raised on SeedLegals - ## UK #1 closer of funding rounds - ## 1 in 6 UK rounds closed on SeedLegals ###### Startup funding made simple ## Create your legal docs instantly Forget billable hours and expensive back and forth with a traditional law firm. On SeedLegals it’s fast, simple and cost-effective to create, auto-update and sign all the funding round documents you need. - Generate customised fully compliant docs in minutes - Share, sign and store everything online - Save thousands on legal and accounting fees ###### Investor-ready, founder-friendly ## Lead with the Term Sheet Instantly create every agreement, every term, every clause - exactly how you want it. Your dedicated funding specialist is on hand to walk you through the deal terms so you can choose what’s right for your company. - Create your Term Sheet, auto-filled from your key terms - View built-in tutorials to help you choose your terms - Use insights from the 1,000s of rounds closed on SeedLegals ###### Seal the deal online ## Close your funding round in record time After you've agreed the Term Sheet, we instantly generate all the documents your investors have to sign, including the Disclosure Letter, Shareholders Agreement and Articles. - Templates created and vetted by lawyers - Documents based on industry-standard BVCA model agreements with customisable terms - everything from Investor Consent and Founder Vesting to Growth Shares - Designed for [SEIS/EIS](https://seedlegals.com/start/seis-eis/) ###### Document commenting feature ## Negotiate effortlessly with live comments Keep track of negotiations easily with instant comments on your funding round documents. Investors can ask questions, suggest counter terms and discuss privately with company admins. No more back-and-forth email threads. - Keep comments private between you and each investor - Never miss a comment with instant email and platform notifications - Negotiate on the go with optimised mobile version ###### Deal Data Room ## Control access to your confidential info Get ready for due diligence. Use your secure [Deal Data Room](https://seedlegals.com/raise/data-room/) to share documents with custom groups of investors, lawyers and advisors. - Upload documents to your Deal Data Room - Grant, edit and remove access for individuals and custom groups - All in the same place as the rest of your investment docs ###### Unlimited support for your funding round ## Chat online anytime with our experts Need some help? Not sure how to push back in your negotiations with investors? Confused by ‘drag along’ and ‘tag along’? Our expert team is here to guide you through your startup funding journey. - Talk to us via chat, phone, email or video call - Unlimited help included in all memberships - no extra cost - Ask us anything - we're here 9am to 6pm Monday to Friday ###### SeedLegals Advisory Service ## Looking for specialist legal advice? If you need a dedicated lawyer to support with negotiation and bespoke drafting for your Series A+ round, our [Advisory Service](https://seedlegals.com/advisory/) can provide you with high quality legal advice, priced efficiently. Get in touch with our experts at [[email protected]](/cdn-cgi/l/email-protection#ddbcb9abb4aeb2afa49daeb8b8b9b1b8babcb1aef3beb2b0) to learn more. ## You need it? We’ve got it Here are just some of the reasons SeedLegals powers more funding rounds in the UK than anyone else. #### Integrated Cap Table Manage your equity distribution in one place on our [Cap Table](https://seedlegals.com/start/cap-table/) . No spreadsheets required #### Designed for SEIS & EIS Our articles adjust dynamically to your requirements for early stage [SEIS/EIS](https://seedlegals.com/start/seis-eis/) investors #### Companies House ready Download pre-filled documents to send to Companies House #### Flexible ways to raise Take in funds quickly [before a round](https://seedlegals.com/raise/raise-before-a-round/) or top up after with [Instant Investment](https://seedlegals.com/raise/top-up-a-round/) #### Term Sheet review We'll review your deal terms with you and make sure you’re comfortable with the terms being offered #### Shareholders Agreement The legally binding agreement between founders, investors and the company #### Disclosure Letter Detail every warranty that isn’t true to protect you and your company #### Articles of Association The official rulebook for how your company is run and owned #### Shareholders Resolution Current shareholders sign this to allow the company to issue the new shares #### Fund Tracker Keep track of when you receive investments #### SH01 Allotment of Shares Send this document to notify Companies House of the shares you’ve issued to investors #### Share Certificates After you close the round, send these certificates to your investors ## How to raise your funding round on SeedLegals - #### Log in or register It takes less than 3 minutes to create your SeedLegals account - #### Build your Term Sheet Fill in your key deal terms to create your Term Sheet - customise everything from Investor Consent to Growth Shares - #### Get unlimited support Our expert team is here to guide you through your funding round and explain any terms you’re unsure about - #### Generate all the documents When your investors have signed the Term Sheet, go ahead to generate all the other documents - #### Get signatures Send, sign and store your investment documentation, all in one place on SeedLegals - #### Track incoming investments Use the funds tracker to record when money lands in your bank account - #### File official paperwork Wrap up the investment process by submitting a Board Resolution, Shareholders Resolution and SH01 [#!](#!) [#!](#!) [https://seedlegals.com/customers/serial-entrepreneur-scales-second-company-with-seedlegals-securing-180k-for-propflo/](https://seedlegals.com/customers/serial-entrepreneur-scales-second-company-with-seedlegals-securing-180k-for-propflo/) [Serial entrepreneur scales second company with SeedLegals, securing £180K for Propflo](https://seedlegals.com/customers/serial-entrepreneur-scales-second-company-with-seedlegals-securing-180k-for-propflo/) [https://seedlegals.com/customers/first-time-founder-closes-80k-fundraise-for-my-road-to-wembley-in-just-four-months/](https://seedlegals.com/customers/first-time-founder-closes-80k-fundraise-for-my-road-to-wembley-in-just-four-months/) [First time founder closes £80K fundraise for My Road To Wembley in 4 months](https://seedlegals.com/customers/first-time-founder-closes-80k-fundraise-for-my-road-to-wembley-in-just-four-months/) [https://seedlegals.com/customers/the-little-car-company/](https://seedlegals.com/customers/the-little-car-company/) [The Little Car Company closes multi-million Series A round in under 8 weeks](https://seedlegals.com/customers/the-little-car-company/) [https://seedlegals.com/ebooks/startup-funding-guide/](https://seedlegals.com/ebooks/startup-funding-guide/) [Get your free guide to startup funding](https://seedlegals.com/ebooks/startup-funding-guide/) [https://seedlegals.com/resources/seed-funding-the-essential-guide/](https://seedlegals.com/resources/seed-funding-the-essential-guide/) [Seed funding: the essential guide to growing your startup](https://seedlegals.com/resources/seed-funding-the-essential-guide/) [https://seedlegals.com/resources/how-to-close-funding-round-before-end-of-tax-year/](https://seedlegals.com/resources/how-to-close-funding-round-before-end-of-tax-year/) [How to close your funding round before the end of the tax year](https://seedlegals.com/resources/how-to-close-funding-round-before-end-of-tax-year/) ## FAQs Frequently asked questions about funding rounds - What is a funding round? A funding round is when a company raises money from one or more investors. Typically a startup receives investment in exchange for equity in the company. Startup funding is organised into different rounds according to the startup’s stage of development. Each investment stage usually only gives the startup enough capital to get to the next stage. This works for investors, because they can put in a smaller amount of money and wait to see whether their investment leads to the growth they expected before investing again. It’s a way to limit the investor’s risk. For startups, raising in rounds means they can put the investment amount towards achieving specific goals and then raise again at a higher valuation. - What are the different types of investment round? Broadly speaking, the distinct funding rounds in the life of a startup are: **Pre-seed or Bootstrap** This is the very first stage of funding, and usually the investors are the founders themselves, or friends and family of the founders. The pre-seed funding gives the startup just enough to get basic operations off the ground. **Seed** This is the first funding stage in which the startup seeks a formal investment from an external investor, such as an angel investor or a venture capital fund that specialises in early-stage startups. The money raised during a seed round is often used to conduct market research, make key hires, build a minimum viable product (MVP) and test their product to prove product market fit. **Series A** [Series A funding](https://seedlegals.com/raise/raise-series-a-round/) comes in when a startup can show traction in the market and that it is ready to scale. Companies typically use Series A funding to grow the team and continue developing the product and business. **Series B, C and beyond** If the company needs to raise funding to continue to grow, the next rounds are called Series B, C, D and so on. - How long does a funding round take? The fastest a company has closed a funding round on SeedLegals is nine days. But even for us, that’s fast! How long a funding round takes depends on many factors, including the complexity of the deal terms and personalities of the investors and founders involved. From negotiating the Term Sheet to completing due diligence, gathering signatures and waiting for funds, the average funding round closed outside SeedLegals takes three to six months. At SeedLegals, we’re focused on helping you close your round quickly and efficiently. We think six weeks is a realistic time-frame to complete your round. With SeedLegals, instead of working to an expensive lawyer’s schedule, you get immediate access to expertly written and reviewed documents based on [BVCA model documents](https://www.bvca.co.uk/Policy/Industry-guidance-standardised-documents/Model-documents-for-early-stage-investments/) . You create the documents you need - with the support of your dedicated investment specialist - and cut out the middleman. Plus, we’ve pioneered the idea of agile funding. On SeedLegals, you can [raise before a round](https://seedlegals.com/raise/raise-before-a-round/) with SeedFAST advanced subscription agreements and SeedNOTE convertible loan notes and top up after with [Instant Investment](https://seedlegals.com/raise/top-up-a-round/) . These are quick ways of getting funds into your account without going through all the steps of a traditional funding round. - What legal documents do I need for a funding round? The main funding documents you’ll need for your funding round are: - **Term Sheet** - **Shareholders Agreement** - **Articles of Association** - **Disclosure Letter** - **Previous Investor Notice** - **Preemption Notice** - **Board Resolution** - **Shareholders Resolution** - **SH01 Form** With SeedLegals, you can generate all these documents instantly and they update automatically whenever you make any changes to your terms - everything from Investor Consent and Founder Vesting, to Growth Shares. When you’re ready to complete your round, all parties sign online and your documents are stored securely on SeedLegals. For a complete list of everything you need and how SeedLegals can help, see our guide to [closing your round on SeedLegals](https://help.seedlegals.com/en/articles/5351497-your-complete-guide-to-closing-your-first-funding-round-on-seedlegals#:~:text=Shareholders%20Resolutions,must%20approve%20the%20funding%20round.) . - Do shareholders need to approve a funding round? Yes, every time you do a funding round, you will need the approval of your board of directors and your existing shareholders. The documents you need to do this are: - **Board Resolution** - **Shareholders Resolution** When you do your funding round on SeedLegals, we’ll let you know exactly what documents you need and when you need to sign and share them. - What does ‘closing a funding round’ mean? After you have negotiated the terms, got signatures and received the funds, your round isn’t officially closed until you’ve issued the share certificates and sent Companies House the documents it needs. You’ll need to send Companies House your **Articles of Association**, your **Shareholders Resolution** and the **SH01 form** to confirm that you have issued new shares in your company. At the end of your round, our team do a final check to make sure every document is aligned and accurate. With SeedLegals, you can be confident that what you’re submitting to Companies House is correct. [5 min readSEIS investment funds: 32 active UK funds in 2026Find funding for your startup with our guide to 35 of the most active SEIS funds in the UK. From food to fintech, there’... Kaylin Sullivan](https://seedlegals.com/resources/most-active-seis-investment-funds-in-the-uk/) [6 min readEIS investment funds: 50 active UK funds in 2025Find funding for your startup with our guide to 50 of the most active EIS funds in the UK. From food to fintech, there’s... Kaylin Sullivan](https://seedlegals.com/resources/most-active-eis-investment-funds-in-the-uk/) [12 min read45 active early-stage VCs in London 2026Discover the top early-stage VCs in London. We’ve curated this list to include a wide range of sectors and missions. Kaylin Sullivan](https://seedlegals.com/resources/top-london-vcs/) ## You’re in safe hands Our team of legal and funding experts have helped thousands of entrepreneurs raise money and grow their businesses. - ##### Beautifully organised Your company's core agreements, all in one place - ##### Secure signatures Share and collect signatures online via SeedLegals - ##### Backed by real lawyers Create the exact documents you need at every stage of growth - ##### Serious about security Your information stays safe and confidential in our secure system - ##### Helpful humans Talk to one of our friendly team anytime on live chat - ##### Extra protection Don't worry, our insurance covers claims related to our platform ## We’ve helped over 60,000 companies From food to FinTech and beyond, join thousands of startups who use SeedLegals to start, raise and grow faster. - - - - - - [More customer stories](/customers/) - The reality is you’re on a journey; fundraising is so much about the narrative. SeedLegals allows you to tell the right story at the right time with the right legal documents for different types of investors. ##### Louise Doherty Founder & CEO, Yoller - SeedLegals held our hand through complex investor negotiations and even picked up on some errors produced by our previous lawyers which were a well-known City law firm! ##### Alex Templeton Founder & CEO, Qured - One of the great things about SeedLegals is that it is designed to be appropriate for the round and the stage of the business. They keep it simple. It feels like they really understand that. ##### Alex Rainey Co-founder & CEO, Pluto - How do I get all the businesses I invest in to use SeedLegals? ##### Alexander Wyndham Angel Investor , The Family - It's easy to forget about the legal side of things but SeedLegals make things really easy to understand. The team at SeedLegals are truly amazing. ##### Darren Tenkorang Founder, TRIM-IT - There’s an opportunity to reach a specialist advisor via chat, phone and email to check in on anything. The SeedLegals team were extremely responsive – really amazing. ##### Emilie Vanpoperinghe Co-Founder, OddBox - - - - - -