Click here to use the Cooley GO Docs Y Combinator Safe Financing Documents (Singapore) Generator
These documents are intended only for Singapore companies. Refer to “Other resources” below for Safe financing documents designed for other jurisdictions.
Since 2013, startup accelerator Y Combinator (commonly referred to simply as “YC”) has made available a set of financing documents referred to as “Safes.” “Safe” stands for “simple agreement for future equity.” These docs are widely used as an instrument for raising early-stage capital in Silicon Valley and beyond.
Cooley GO offers modified versions of YC’s Safe financing documents for use by Singapore companies.
We hope that this resource will be a useful option for Singapore entrepreneurs and investors seeking efficient and transparent ways of funding early-stage startups. We recommend reviewing the user guide on YC’s website to learn the features of each document and other terms, and consult with counsel licensed to practice in your jurisdiction before using these forms.
Note: The forms in this generator are based on the post-money Singapore Safe and side letter that YC released in March 2021.
Other resources
- To generate Safe financing documents for US companies, check out Cooley GO’s Y Combinator ‘Safe’ Financing Documents (US) Generator.
- To generate Safe financing documents for UK companies, check out Cooley GO’s Y Combinator ‘Safe’ Financing Documents (UK) Generator.
YC includes the following disclaimer to accompany its Safe documents: “Needless to say, YC does not assume responsibility for the consequence of using any version of the safe or any other document found on our website. Before using any of these forms, you should consult with a lawyer licensed in the country where your company was formed.”
Cooley LLP, each entity affiliated with Cooley LLP including Cooley (UK) LLP and Cooley SG LLP* and the respective partners, employees and agents of the foregoing (collectively, “Cooley”) do not endorse or recommend the use of any default values or any document on CooleyGO.com, nor is Cooley expressing any opinion or recommendation of what is, or what should be, a “market” standard document. Deal terms should be negotiated based on your specific circumstances and the relevant documents should be tailored to meet the specific legal and commercial requirements of the contemplated transaction. Additional documents may be required for the contemplated transaction. Cooley assumes no responsibility for the contents of the documents provided on CooleyGO.com or any consequence of your use of any such documents. You are responsible for ensuring that all necessary securities filings and/or other legally required filings, if any, are prepared and filed. You should consult with an attorney licensed to practice in your jurisdiction as well as tax advisors before using or relying on any documents on CooleyGO.com, especially if you don’t understand any of their terms. Review carefully and use at your own risk. No document or information provided on CooleyGO.com constitutes or should be relied upon as legal advice.
*Cooley SG LLP (UEN/Registration No. T19LL1477F) is a licensed foreign law practice registered in Singapore under the Limited Liability Partnerships Act (Chapter 163A) with limited liability.