Source: Clarilis
The Early-Stage Investment suite includes the BVCA model form documents for early-stage venture capital investment (articles of association, subscription agreement, shareholders’ agreement, registration rights agreement and disclosure and confidentiality letters).
Clarilis has teamed up with one of its long-standing customers, Addleshaw Goddard LLP, to provide additional market-standard content. This includes over 30 automated ancillary precedents and forms (term sheet, warrants, minutes, resolutions, appointments, filings, etc) and additional drafting options commonly seen in the market for the core BVCA documents.
James Quinn, CEO at Clarilis, said: “Since the BVCA substantially revised and updated their model form documents in 2023, we have received numerous requests from client firms to automate the BVCA suite. We are delighted to deliver a substantial automation here for the market with the corporate team at Addleshaw Goddard – including not only the BVCA forms but also all commonly used ancillary documents. Addleshaw Goddard’s corporate team has an excellent reputation and is extremely forward-thinking when it comes to digitisation of the practice of law.”
David Anderson, Partner at Addleshaw Goddard LLP said: “We have been advising in the space for a long time and have a genuine interest in how the sector can evolve. This automation will accelerate document delivery while maintaining our hallmark quality standards and represents a significant advancement for our clients. We are delighted to share our knowledge in this area and work with Clarilis, with its history of producing great automations, to see the market as a whole benefit.”
Read the full article: https://www.clarilis.com/blog/clarilis-launches-early-stage-investment-suite
