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Seedlegals November Update
Startup Guides 2 min read

In case you missed it: SeedLegals updates November 2022

Published:  Dec 1, 2022
Katy Tomlinson

The countdown to Christmas is on but we’re not taking our foot off the gas at SeedLegals.

We’ve got new products on the horizon and we’ve made several updates to our platform.

Here’s a roundup of what we’ve been up to in November.

Streamlined Advance Assurance

HMRC have introduced an online form and portal to submit Advance Assurance applications. That now means our dedicated SEIS and EIS experts can handle your Advance Assurance application process with HMRC from end-to-end.

We have a 98% AA application success rate compared to a 62% industry average (according to HMRC) which means you can quickly get on the road to fundraising.

Improved EMI valuations

Speaking of HMRC, we’ve improved our EMI valuation methodology to make your report even more bespoke and detailed, maximising your discount and chance of success with HMRC.

You can select the most relevant factors that may influence a discount on the price per share, as well as a personalised reason why each discount is applied.

If you started a valuation before the 4th of November and want to upgrade, get in touch on the chat.

SeedSAFT is live (with more Token offerings on the way)

In October’s updates, we mentioned our UK simple agreement for future tokens (aka SeedSAFT) was on the way.

We have good news! SeedSAFT is live and we’re working on two additions to our token offering:

  • Our Token Warrant will give warrant-holders the right to purchase any tokens that you might issue in the future
  • Our Token Purchase Agreement if you’re just about to issue your tokens or they’re already in circulation

Looking to fund your token development?

Get the resources you need to develop your tokens by raising money from purchasers first and issuing tokens later when they’re ready.

Book a call
Raise Before Hero Seedsaft

Gearing up to your Series A or B and need legal advice? We now offer expert legal advice from an experienced, qualified venture capital lawyer to complement our easy-to-use platform.

If you’re getting ready for a VC-led Series A+ and are looking to go to a law firm, get in touch with us for a confidential chat.

Upload signatures

Writing your signature on your desktop or laptop can be tricky. But you don’t need to worry about that with SeedLegals.

You can now upload a signature rather than only being able to use a mouse or trackpad to draw it – so no more scribbles.

Have your say

Is there something you think we can do better? your ideas.

If you aren’t already a SeedLegals member, head over to our Pricing page to find the perfect plan for you.

Start your journey with us

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