INVESTMENT ROUND SOLICITORS

Raise the round. Keep the terms fair.

Fixed-fee legal support for SEIS, EIS, seed and convertible rounds, from readiness and advance assurance to signed investment documents.

MA phased approach icon Fixed fee per round SRA-regulated solicitors icon SRA-regulated solicitors MA phased approach icon Subscribers save up to 30%

Our funding round support

Investment documents your investors will sign

Investors see dozens of rounds a year. You may be doing your first. The legal documents decide who controls what, who gets paid first and what happens if things go wrong, and they are hard to unpick once signed.

Our solicitors run the legal side of the round end to end, so the terms you agree in the term sheet are the terms you actually get.

Get the structure right first

We check the round works before anyone drafts: SEIS or EIS eligibility, your articles and cap table, existing shareholder rights, and anything an investor's lawyer will pick up in diligence.

Draft and negotiate the documents

Subscription or investment agreement, shareholders' agreement, new articles, disclosure letter and board and shareholder approvals, negotiated against the term sheet so founder protections survive the redline.

Complete, then keep you compliant

We run signing and completion, issue the shares and update the cap table, then brief your accountant so the SEIS or EIS compliance statements go to HMRC on time.

M&A

OUR FUNDING ROUND SUPPORT

Fixed fees for the legal side of raising

Every round is priced as a fixed fee, agreed in writing before work starts and never charged retrospectively. Raising investment sits outside the monthly fee, but subscribers save on it: 10% on Launch, 20% on Accelerate, 25% on Scale and 30% on Enterprise, off every fee on this page.

We draft the legal documents and lead the legal workstream. We do not give tax advice, submit to HMRC or file at Companies House: we prepare the documents and brief your accountant, who advises on the tax position and makes the filings. UK transactions only.

our funding round support

Which round are you raising?

The right documents depend on the size of the round, the investors and whether SEIS or EIS relief is part of the pitch. Not sure which you are? Start with a readiness review and we will tell you.

  • SEIS or EIS round

    Angel and early investor money where tax relief is part of the offer. The documents have to satisfy the investors and the SEIS/EIS conditions at the same time, and the sequence matters: shares issued in the wrong order can cost investors their relief.

  • Seed or pre-Series A

    A priced round with a lead investor, a term sheet and a full set of investment documents: investment agreement, shareholders' agreement, new articles and a disclosure letter. This is where founder vesting, investor consents and leaver terms get decided.

  • Convertible: SAFE, ASA or CLN

    Money in now, shares later, at a valuation set by the next round. Quicker and cheaper than a priced round, but the cap, discount and conversion terms need care, and an ASA has to be drafted properly to stay SEIS/EIS compatible.

  • Not sure yet? Start with readiness

    A fixed-fee readiness review checks whether you and your investors qualify for SEIS or EIS, what needs fixing in your articles, cap table and agreements before you raise, and whether to apply for HMRC advance assurance first.

What it costs

Fixed fees, agreed before we start

Pick the round you are raising. Each fee covers the legal documents and the legal workstream for that round, quoted in writing before anything begins. Subscribers save 10% to 30% on every fee, depending on their plan.

  • Prepare

    SEIS/EIS readiness review

    Find out whether you and your investors qualify before you go to market.

    Fixed at £750
    • Eligibility check against the SEIS and EIS conditions
    • Review of articles, cap table and existing agreements
    • Written note of what to fix before the round
    • HMRC advance assurance preparation for £500
  • Raise

    SEIS or EIS round

    The full document set for an angel or early investor round with tax relief.

    From £1,500
    • Term sheet review and advice
    • Subscription or investment agreement
    • Updated articles of association
    • Board and shareholder resolutions
    • Share issue, cap table and certificates
    • Briefing your accountant for the SEIS/EIS compliance statement
  • Scale

    Seed or pre-Series A

    A priced round with a lead investor and negotiated investor rights.

    From £6,000
    • Term sheet negotiation
    • Investment agreement and shareholders' agreement
    • New articles with investor share rights
    • Disclosure letter and warranties
    • Founder vesting and leaver terms
    • Completion and post-completion documents
  • Bridge

    Convertible: SAFE, ASA or CLN

    Money in now, shares at the next round, on terms that hold up.

    From £1,500
    • Instrument drafted to your agreed terms
    • Valuation cap, discount and conversion mechanics
    • SEIS/EIS compatibility for an ASA
    • Board approval and investor sign-off
    • Conversion documents when the round lands
    • £500 per additional instrument

Fees exclude VAT and are never charged retrospectively. Subscribers save 10% (Launch), 20% (Accelerate), 25% (Scale) or 30% (Enterprise) on these fees. We draft the documents and lead the legal side; we do not give tax advice, submit to HMRC or file at Companies House, and instead brief your accountant to do so. UK transactions only. See the plans or how fixed-fee pricing works.

Our investment round solicitors

A senior solicitor on your round from term sheet to completion

Our solicitors have advised founders and investors on rounds from first SEIS cheques to institutional seed money, drawing on experience at leading law firms and in growing businesses. The same solicitor stays with you throughout.

Patricia Tinn

Legal Service Director

James Conning

Commercial Solicitor

Ashrelle Parker-Belgrave

Commercial Solicitor

Dr Jackie Nagtegaal

Co-Founder & Director

Willem van der Merwe

Co-Founder

Jan Nagtegaal

Director

Raising investment

Questions founders ask before a round

Straight answers on SEIS, EIS, advance assurance, fees and who does what.

Not included, but discounted. A round is a one-off piece of transactional work rather than the day-to-day legal support the monthly fee covers, so it is priced as a fixed-fee project. Subscribers pay less for it: 10% off on Launch, 20% on Accelerate, 25% on Scale and 30% on Enterprise. And once the round has closed, the new articles, investor consents and reporting obligations that come with it are handled as part of your plan.

Both are HMRC schemes that give your investors income tax and capital gains relief, and both impose conditions on the company, the shares and the investors. SEIS is for the earliest stage and smaller amounts; EIS for larger rounds in companies that have been trading longer. For the documents, the main differences are the order in which shares are issued, the rights the shares can carry, and the compliance statements your accountant files afterwards. We draft so the investors qualify; your accountant advises on the tax position and makes the filings.

It is not compulsory, but most angels expect it, because it is HMRC's indication that the company is likely to qualify. Our readiness review tells you whether to apply, and we can prepare the application for a fixed fee of £500. Your accountant submits it, and HMRC typically responds in a matter of weeks, so it is worth starting before you open conversations with investors.

We draft and negotiate the legal documents and run the legal side of the round: term sheet advice, agreements, articles, resolutions, completion. Your accountant advises on the tax position, submits advance assurance and compliance statements to HMRC and makes the Companies House filings. We prepare the documents they need and brief them directly, so nothing falls between the two.

Rounds move. Our fee covers the ordinary changes: an investor coming in or out, a revised allocation, a second closing on the same terms. If the round changes shape altogether, for example a convertible becomes a priced round or a new lead renegotiates the term sheet, we tell you what that means for the scope and agree the fee before doing more work.

A SEIS or EIS round with agreed investors and clean paperwork typically completes within two to three weeks of the term sheet. A seed round with a lead investor and their own lawyers usually takes four to eight weeks, most of it negotiation. Convertibles are fastest, often days. The readiness review is what shortens all of these: fixing the articles and cap table before investors arrive removes the delays that happen in diligence.

Client stories

What our clients say

Real outcomes from the businesses we act for, in their words.

A fresh approach. Exceptional value.

A fresh approach to legal services. They've guided us through multiple planned and reactive cases for our business. Exceptional turnaround times and great value for money.

Kerry Power Client Relations, Pantheon Property Services
contact us

Raising soon?

Tell us about the round: how much, from whom and when. Our investment round solicitors will explain the documents you need, what is included and the fixed fee before any work starts.

Willem van der Merwe

Co-Founder