Awake SAFE Preparation and Closing Guide
Select official SAFE forms and prepare the actual financing approvals and records.
- Entity and jurisdiction fit
- US software companies; state-specific adaptation required
- Binding posture
- Non-operative guide; external instrument governs
- Variants
- Complete the stated selections
- Before use
- Each party’s own counsel must review and approve the document.
Awake SAFE Preparation and Closing Guide
Commercial Terms
Company, financing owner and counsel: [names]. Raise target and dated capitalization: [records].
Official documents
Use current official YC US SAFE variants and any appropriate official pro rata side letter. Keep publisher terms and licenses separate from this Awake guide. Do not relabel or rewrite the official instrument as an Awake form. Record the actual selected version, signed terms and any separately negotiated changes.
Preparation and approval
[Instrument/variant; investment amount; cap/discount/MFN as applicable; investor identity; governing entity; required approvals; side letters; securities review; signatures; funding instructions verified independently]. Describe dilution and conversion using an actual dated capitalization analysis, not a guaranteed ownership percentage.
Closing and records
Reconcile signed amount, actual cash received, date, side letters, approval and outstanding financing register. Store executed documents privately in the current-financing folder and cross-link the capitalization record. Do not treat an unsigned pipeline commitment as closed funding.
Sources
Companion documents
Data-room records: 09-01-01. See the mapping.