Simple Agreement for Future Equity (Discount US)

Template Overview

Template ID: safe
Version: 2.0.0

To generate this document, pass the structured data described below into the data property of the /api/v1/documents/generate endpoint.

Data Payload Schema

Field	Type	Requirement	Description & Details
`targetCompanyName`	`string`	Yes	Target Company Name Enter the name of the target company.
`targetCompanyCountry`	`string`	Yes	Target Company Country Must be a valid value from the Supported Countries list.
`targetCompanyAddress`	`string`	Yes	Target Company Address Enter the address of the target company.
`targetCompanyRCNumber`	`string`	Yes	Target Company Registration Number Enter the registration number of the target company.
`isCompany`	`boolean`	Yes	Is the Investor a Company? Select whether the investor is an individual or a company.
`investorFullName`	`string`	Conditional	Investor Full Name Enter the name of the investor. Required if `isCompany` is `false`.
`investorCompanyName`	`string`	Conditional	Investor Company Name Enter the name of the investor company. Required if `isCompany` is `true`.
`investorCompanyCountry`	`string`	Conditional	Investor Country of Registration Must be a valid value from the Supported Countries list. Required if `isCompany` is `true`.
`investorAddress`	`string`	Yes	Investor Address Enter the address of the investor.
`investorCompanyRCNumber`	`string`	Conditional	Investor Company Registration Number Enter the registration number of the investor company. Required if `isCompany` is `true`.
`currency`	`string`	No	What is the currency for the Investment? Options: `"NGN"`, `"USD"`, `"GBP"`, `"ZAR"`, `"Others"`
`customCurrency`	`string`	Conditional	Insert the currency Required if `currency` is `"Others"`.
`investmentFee`	`number`	No	How much is being invested? Insert the amount that this investor will be providing to the Company. Ex: 500,000
`discount`	`boolean`	No	Will the investor be getting a discount? A discount in a SAFE gives the investor the right to convert their investment into shares at a lower price than future investors in the next funding round.
`discountRate`	`string`	Conditional	What is the percentage discount the Investor is entitled to? If SAFE investors are entitled to a discount of 20% (they can buy Standard Preferred Stock 20% cheaper than subsequent investors), the Discount Rate is 80% [= 100% - 20%]. Required if `discount` is `true`.
`addPostMoneyValuationCap`	`boolean`	No	Will there be a post-money valuation cap? A post-money valuation cap limits the maximum valuation at which the SAFE will convert into equity.
`postMoneyValuationCap`	`number`	Conditional	What is the post-money valuation cap for this SAFE? This provides a ceiling on the price per share that the investor will pay when the SAFE converts, ensuring that they receive a favorable conversion rate if the company's valuation exceeds this cap in the future. Required if `addPostMoneyValuationCap` is `true`.
`dispute`	`boolean`	No	Governing law and Dispute resolution Courts are typically slower and cheaper. While arbitration is a generally faster but more expensive dispute resolution process.. Values: `true` (By Arbitration), `false` (By the court).
`governingLaw`	`string`	No	What is the governing law? (State Law) Must be a valid value from the Supported Countries list.

Example JSON Payload

Here is an example of a properly formatted data object for the Simple Agreement for Future Equity (Discount US) template.

{
  "templateId": "safe",
  "data": {
    "targetCompanyName": "Acme Corp",
    "targetCompanyCountry": "Nigeria",
    "targetCompanyAddress": "123 Beta Way, Lagos",
    "targetCompanyRCNumber": "Sample Target Company RCNumber",
    "isCompany": true,
    "investorCompanyName": "Acme Corp",
    "investorCompanyCountry": "Nigeria",
    "investorAddress": "123 Beta Way, Lagos",
    "investorCompanyRCNumber": "Sample Investor Company RCNumber",
    "currency": "NGN",
    "investmentFee": 500000,
    "discount": true,
    "discountRate": "Sample Discount Rate",
    "addPostMoneyValuationCap": true,
    "postMoneyValuationCap": 1,
    "dispute": true,
    "governingLaw": "Nigeria"
  },
  "format": "pdf"
}