Due Diligence Documents Required For Fund-Raising

Most VCs require companies to be a Private Limited Company . Limited Liability Partnerships & other forms likely don’t work for venture capital structures. For Startups , it is important that your legal attorneys should set up documents suitable for a VC-funded company, including a

• Charter - MOA & AOA,

• Guidelines ,Bye-laws, Regulations,

• Equity Incentive Plan documents,

• Proprietary information and

• Invention assignment agreements, and

• Stock restriction agreements

An experienced Intellectual Property attorney should review IP-intensive businesses. An IP attorney will help distinguish what is proprietary, what can be protected as a patent, trademark, copyright, or a trade secret.

It is important to confirm your IP belongs to the company, including IP developed by founders, former employees, and consultants.

Facilitate the fund-raising process and give the impression of being highly organized by preparing a due diligence doc containing the following:

• Necessary Financial and Corporate / Incorporation documents

• Debt and Equity documents

• Contracts

• Capitalization table

• Intellectual Property Documents

• Equity Incentive or stock option plan [ESOPS]

• Employee Agreements

• Management team resumes