Tech Startup Raises $1.2M After C-Corp Formation
Practice Area
Business Formation & Founders' Agreements
Challenge
Three co-founders were starting a SaaS company but had no formal agreement in place, leading to confusion around equity distribution, roles, and intellectual property ownership.
Approach
We advised the founders on entity selection and helped them incorporate as a Delaware C-Corp for future fundraising flexibility. We drafted a comprehensive Founders’ Agreement, handled initial equity issuance, and implemented a standard vesting schedule with IP assignment provisions.
Result
The company launched with legal clarity and structure, raised a $1.2M seed round six months later, and scaled to a 15-person team with all equity properly accounted for.
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