Up to 40% of startups fail to make series A funding. (SPD Load)
With the high likelihood of failure, you must do everything necessary to secure funding.
And thanks to this checklist, you can ensure you’re prepared for the closing round. 🥊
Especially since closing an A can take more than a month—much of which is spent tracking down documents for lawyers. That’s precious time you don’t want to waste.
So, with the checklist, you can keep track of documents like:
➡️ Corporate Records and Charter Documents
✅ Minutes of director and stockholder meetings and written consent documents.
✅ Essential documents like certificates of incorporation, designation, and company bylaws.
✅ Corporate organization charts.
➡️ Security Issuances and Agreements
✅ Lists of company stockholders and the date of issuance.
✅ Vesting schedules for stock options.
✅ Voting agreements and documents regarding stock transfers.
➡️ Dispute and Potential Litigation Agreements
✅ Documentation of any pending suits or legal actions.
✅ Documents regarding potential copyright infringements.
✅ Labor dispute and union agreements.
Check out the complete checklist inside our Sales & Investor Accelerator Club where I will share these valuable resources. Join us here!