SAFE agreement

Early-stage investment instrument, not a loan

A Simple Agreement for Future Equity: an investor gives a company cash now in exchange for the right to receive shares later, typically when the company raises a priced financing round. Unlike a loan, a SAFE carries no interest and no maturity date, which is why it has become a common way for Canadian pre-seed and seed-stage companies to raise money quickly without negotiating a full valuation.

Ruby drafts this

Flat fee, confirmed before any work begins, with a licensed Canadian lawyer on every document.

Have a question this glossary can't answer?

Tell us about your matter and a Ruby lawyer will follow up directly.

Ask Ruby
Call usSubmit your matter