An investor sent you a term sheet. What does it actually say?

Paste it below, or attach the PDF or Word file you were sent, and get every term explained in plain English, with how each one compares to what is standard for an early-stage round. Free, no account, nothing stored.

Add the document

A term sheet, SAFE, convertible note or letter of intent. Paste it, or attach the file you were sent.

Attach a file, or drop one herePDF, Word (.docx), or plain text · up to 4MB

Nothing is stored. The document is sent for analysis and discarded.

This tool is part of Founder Toolkit, which also drafts your agreements, collects e-signatures and keeps your cap table straight — for Delaware and Nigerian startups. See what is inside