Investors know every comma of what they present you. They've done this a hundred times. You? It's probably your first. Understand what you're signing before it's irrevocable.
3x liquidation preference that wipes out your return
The investor collects 3x their investment before founders see a cent at exit. It's in the term sheet, in technical language, on page 4.
Co-founder agreement with misassigned IP
If a co-founder leaves, they can claim part of the technology they developed. Without properly drafted IP vesting, your company has a structural problem.
Drag-along that forces you to sell when you don't want to
If investors and part of the cap table want to sell, they can drag you into a sale you'd never approve. It's in the bylaws, not the term sheet.
SaaS vendor contract with trapped data
Your critical tool's contract includes restrictive data portability clauses. Switching providers could paralyze your operations.
42%
of founders don't fully understand the term sheet they sign with their first investor
100%
of startups that lost control did so by signing something they didn't fully understand
From €14/mo
with LexyAi. Nothing compared to losing your company.
Investment term sheet
A fund sends you the term sheet. Before entering negotiations with your legal team, detect in minutes the anti-dilution, drag-along and liquidation preference clauses that hit founders hardest.
Shareholders' agreement
You're drafting the shareholders' agreement for the round. LexyAI identifies imbalances in voting rights, exit mechanisms and co-founder obligations before the whole table signs it.
The investor sent a new version
The investor returns the agreement with 'minor adjustments'. Compare both versions in seconds and find out exactly what changed in the control clauses before taking the next step.
Investors always come back with the 'revised version'. Compare term sheets and agreements in seconds and reach the negotiation knowing exactly what changed and what affects control of the company.
Available on Professional and Ultra plans
Original
Revised
One project per investment round. Term sheets, shareholders' agreements, NDAs and side letters, every document organised in one place for each stage of the process.
Available on all plans
Your contracts are checked against the Spanish and European legislation most relevant to your sector.
Shareholder agreements, capital increases and shareholder rights
Investment contracts, participating loans and letters of intent
Assignment of rights over software, trademarks and digital content
Non-disclosure agreements and non-compete clauses
Safety obligations in employment and service contracts
Equality obligations in hiring and non-discrimination clauses
User data processing in digital products and services
Contractual obligations in AI development and commercialisation
Legal responsibilities of digital platforms and services
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