Review Startup Contracts Before You Sign Away Equity
Upload your agreement and instantly understand equity dilution terms, liquidation preferences, vesting schedules, anti-dilution clauses, and board control provisions.
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Supported formats: PDF, TXT, DOCX, DOC
Free to use. Your documents are encrypted and never shared with investors.
Documents We Analyze
Upload any of these document types and get instant, plain English insights
SAFE / Convertible Note
Early-stage fundraising instruments that convert to equity, with valuation caps and discount rates that determine your dilution.
Term Sheet
The outline of investment terms including valuation, board seats, liquidation preferences, and protective provisions.
Co-Founder Agreement
Defines equity splits, vesting schedules, roles, IP assignment, and what happens if a co-founder leaves.
Vendor / SaaS Contract
Service agreements with vendors, SaaS providers, and partners that may include auto-renewal, data ownership, and lock-in terms.
Red Flags We Catch
These are the most common traps in startup contracts that founders miss — and our AI catches them all.
Excessive Liquidation Preferences
highInvestor terms like 2x or 3x participating preferred that ensure investors get paid first and most in any exit scenario.
Full Ratchet Anti-Dilution
highAnti-dilution provisions that can massively increase investor ownership if you raise a future round at a lower valuation.
No Co-Founder Vesting
highIf co-founders don't vest, one could leave early with a full equity stake, leaving remaining founders to build the company.
Investor Veto Rights Over Operations
mediumProtective provisions giving investors veto power over routine business decisions like hiring, spending, or pivoting.
Uncapped SAFE
mediumSAFEs without a valuation cap that leave the conversion price entirely to a future round, creating unpredictable dilution.
Auto-Renewal Vendor Lock-In
mediumVendor contracts that automatically renew for 12+ months with narrow cancellation windows, trapping startups in expensive commitments.
How It Works
Three simple steps to understand any document
Upload Your Document
Drag and drop your contract, lease, or agreement. We support PDF, DOCX, DOC, and TXT files up to 10 MB.
AI Analyzes It
Our AI reads every clause and translates legal jargon into plain English. It flags risks, unfair terms, and hidden obligations.
Get Actionable Results
Receive a clear summary, red flag warnings with severity ratings, and a set of Q&As about your document — all in under 5 minutes.
Frequently Asked Questions
Yes. Our AI analyzes SAFEs, convertible notes, and other early-stage fundraising instruments. It breaks down valuation caps, discount rates, conversion mechanics, and pro-rata rights into plain English so you understand exactly how much equity you're giving up.
We analyze every term in your term sheet including valuation, liquidation preferences, anti-dilution provisions, board composition, protective provisions, and drag-along/tag-along rights. You'll see which terms are standard and which are investor-favorable.
Absolutely. Vendor contracts can contain auto-renewal clauses, data ownership provisions, and liability terms that are particularly risky for early-stage companies. Our tool flags these issues so you can negotiate or walk away before signing.
Yes. Your documents are encrypted with bank-level security and never shared with investors, VCs, or any third party. Your fundraising terms remain completely private.
Yes. We analyze equity splits, vesting schedules (including cliff periods), IP assignment clauses, role definitions, and departure scenarios. This is critical to review before formalizing a co-founder relationship.
Our tool helps you understand what's in your contracts in plain English, but it's not a substitute for legal advice. We recommend using our analysis to identify issues and then discussing specific concerns with a startup attorney. Many founders use our tool to prepare for more productive (and cheaper) lawyer conversations.
Protect Your Startup's Future
Upload your investor agreement, term sheet, or vendor contract and understand every clause before you sign.
Drag and drop a file here, or click to select a file
Supported formats: PDF, TXT, DOCX, DOC