SAFE note

SAFE notes are a great way for founders to raise money. We can help you prepare a founder-friendly SAFE note and set you on the path to being funded.

The price is exclusive of GST, tax will be calculated during the checkout.

$1,500.00

Protect yourself with bespoke legal documents

Don’t risk your business with a DIY template, an auto generated legal document or an unsuitable law firm.

Our team of expert commercial lawyers will tailor bespoke legal documents to suit your unique needs and prioritise the commercial considerations for your business success.

What you get:

  • Free consultation
  • Done for you tailored legal documents to suit your needs
  • Initial drafting and review + one round of amendments
  • Practical legal advice
  • Fast turnaround times (5-7 days)

SAFE is the new instrument for raising money

You want to raise money, but you don’t want to provide equity just yet because you have no way to value your company. You’ve thought about a convertible note, but you are worried about the possibility of having to pay back the loan amount and interest. This is where SAFE (Simple Agreement for Future Equity) comes in. You can think of SAFE as a convertible loan, without the debt aspect. Essentially, an investor will pay a company for the right to convert that cash into shares when a ‘trigger event’ happens (a typical trigger event is the closing of an equity round). As a founder, you may find SAFE to be the desirable, simple and less risky option for you, but you need to understand what the best-practice is when negotiating the arrangement. You should always remember the standard templates for SAFEs were prepared on behalf of investors, and not founders – as such, they are usually biased in favour of the investor.

You need to understand whether it’s right for you

SAFEs carry benefits for both startups (who can delay their valuation) and for investors (who are rewarded with potentially discounted shares for investing early). For both parties, however, it is crucial that you understand the risks of pursuing this path and protect yourself as much as possible. Although SAFE has fewer terms than convertible notes, you must clearly define the ones that matter (terms, discount and exit event mechanisms), otherwise you leave yourself unaware of your obligations, your business targets, and the financial risk. Without understanding and establishing terms to be clear-cut, you may get bogged down by costly disputes internally and externally, halting your company’s growth (and your chances of raising again).

We assess your circumstances and make recommendations

UX Law are experts in all ways companies can attain finance. We can provide you with strategic legal guidance, creating and tailoring a SAFE note to achieve your financing needs. Every company and investor is different, so we’ll assess your circumstances, then draft and negotiate the key terms for you.

Frequently asked questions

  1. What if the document or advice I need isn’t on the website?

    Not to worry – this website only lists the most common services we provide. Feel free to contact us in order to see if we can help you out with something which isn’t listed here.

  2. What if I need this urgently?

    We pride ourselves on fast turnarounds. If this matter is urgent, please let us know and we will try our best to deliver it within an acceptable timeframe.

  3. Can I speak or meet with a lawyer, and will this cost extra?

    Of course! Our quoted price includes reasonable access to our lawyers by phone, email, or meeting, in accordance with our Fixed Fee Terms.

  4. Is the price a fixed-fee?

    Yes. However, the fixed fee covers the initial draft and one round of amendments, based on your initial instructions. After that, if you still want further amendments or changes to the scope, we charge in accordance with our Fixed Fee Terms.

  5. Are your documents automatically generated?

    No, all of our documents are drafted by human lawyers after careful consideration of your personal circumstances. We are a law firm offering bespoke legal documents and advice, not an automatic document generation service. This means we are liable if something goes wrong (unlike automatic providers).

Looking for practical legal advice?

Tell us about your legal needs and we’ll get back to you within 1 business day.

    The simple way to buy legal protection

    Enjoy fixed fees, discounted packages, and fast turnaround times.

    1. Order a document or package
      Order the individual legal documents you need or save money by upgrading to a bundled package.
    2. Talk to us
      We’ll call you in the next 48 hours to confirm your details and needs.
    3. Fast turnaround times
      Our team of expert commercial lawyers will draft bespoke documents to suit your needs within 1 week.
    4. Implement protection
      Start using your new legal documents in your business to operate with protection and confidence.

    Our client satisfaction guarantee

    Built to empower startups and entrepreneurs, here is how we aim to set you up for success.

    • Expert commercial lawyers
      Receive practical legal advice in uncomplicated English that prioritises the commercial considerations for your success.

    • Fast & responsive turnaround
      Gain the speed advantage over your competition with our fast turnaround and responsive communication.

    • Fixed fee packages
      Forget the 6 minute billables. Enjoy the transparency and affordability of our fixed legal fees, tailored to your needs.

    Hear from our happy clients

    We happily support startups and entrepreneurs in over 30+ industries all across Australia.

    UI/UX Design Studio
    5

    “Highly Recommend”

    Been working with Doron for quite some time now. Always loved the responsiveness and professionalism. Highly recommend.

    Philippe Hong Founder & Director @ Raw Studio @ Raw Studio
    Software development agency
    5

    “Ideal for any startup business”

    Doron from UX Law has helped my startup and my software development agency with matters such as shareholder agreements, terms and conditions, development agreements, employment issues, debt collection, IP advice and much, much more. Besides his obviously high quality advice, Doron’s fast turnarounds, approachability and commercial understanding make him ideal for any startup business.

    We helped with:
    • Contracts
    • Employing staff
    • Protecting IP
    • Setting up
    Vaibhav Namburi Director @ Five2One @ Five2One
    Social e-commerce
    5

    “Very knowledgable & very responsive”

    UX Law and Doron have been excellent in supporting our business. Very knowledgable and very responsive which is important in fast-moving start-up space for us. They’ve recently advised us on a large capital raise as well as many other things along the way. Highly recommended!

    We helped with:
    • Getting finance
    Mat Colbron Co-founder @ Tell Me Baby @ Tell Me Baby
    Digital marketing platform
    5

    “Always in your corner when needed”

    Doron and the team at UX Law have a unique combination that is missing in many legal firms. They have wide knowledge across the legal spectrum with a personal touch. They truly partner with businesses they work with and are always in your corner when needed.

    We helped with:
    • Contracts
    • Setting up
    Shai Luft Co-founder @ Bench @ Bench
    Catering and Hospitality Platform
    5

    “Sort your stuff out and move forward with a clean slate”

    Doron and UX Law have been amazing sorting out through the mess other lawyers and advisors created in our business. We had a great deal of things and an endless list to be done which Doron has fearlessly been acting towards finishing as soon as possible. Progress has been great and since we got Doron on board we managed to fix up all past issues and even move into new avenues for the business like on-boarding investors. Would highly recommend him for any startup looking to raise funds. Sort your stuff out and move forward with a clean slate rather than a mess in the backyard that will prevent you from raising capital.

    We helped with:
    • Contracts
    • Getting finance
    • Setting up
    Petko Petkov Chief Executive Officer @ CHEFIN @ CHEFIN
    Medical Supply Services
    5

    “Exceptionally efficient and never leave you waiting”

    The Staff at UX law have facilitated a seamless transition into the small business world. They are exceptionally efficient and never leave you waiting! Doron has allowed my business to thrive in the beginning stages and allowed us the directors to be able to focus on the business and have the best plan in place to better it! We are truely grateful for all the help and service UX law provide.

    We helped with:
    • Setting up
    Shannon Hurvitz Podiatrist @ Pods Equity @ Pods Equity
    Food & dining
    5

    “Took away all the stress”

    Extremely professional, reliable & efficient. Made the sale of my business very easy and took away all the stress of trying to understand a complicated contract. Doron was very easy to work with and I’m looking forward to working with him and his team in the future. I highly recommend their services.

    We helped with:
    • Exits & aquisition
    Giorgina Venzin General Manager @ Venzin Group @ Venzin Group
    Cosmetic
    5

    Easy to deal with and great results

    UX Law is a responsive and transparent law firm which understands emerging companies. We appreciate their legal expertise, practical approach and fast turnaround times. Easy to deal with and great results.

    We helped with:
    • Contracts
    • Protecting IP
    Robbie Miller Co-Founder @ ZitSticka
    Co-working space
    5

    “Got us out of a situation that could’ve been catastrophic”

    Fantastic service, Always made themselves available when needed. Great advice and got us out of a situation that could’ve been catastrophic for our business and very reasonably priced especially when compared to quotes from other firms. Highly recommend.

    We helped with:
    • Contracts
    Alexander Eisman Founder @ Aeona @ Aeona
    E-commerce
    5

    “Very open, pragmatic and customer focussed”

    Doron has been invaluable in assisting our startup get the foundation contracts and governance pieces in place. I have found him to be very open, pragmatic and customer focussed in supporting us both in advice and fee structure. I would highly recommend UX Law for any startups seeking help to build a solid foundation for their business to grow.

    We helped with:
    • Contracts
    • Setting up
    Stuart Maher Co-founder & CEO @ Coffee Better @ coffee better

    Protect yourself now or upgrade to a package and save

    The Startup Package

    • Unlimited contact us via phone or email*
    • Legal health check
    • Shareholders Agreement
    • Software development agreement OR Terms for online businesses and software
    • Trademark