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Term Sheets & Agreements

Below are term sheets and agreements available from Capital Access Lab funds and additional alternative venture capital funds.*

A term sheet is not a legal promise to invest, but rather a nonbinding document that outlines the basic terms and conditions of a potential investment. Term sheets precede binding legal contracts in the venture capital process. Learn more >

Agreements are legally binding.

*Please note: Information provided and/or linked to is for educational and informational purposes only. It is not and should not be construed as legal advice. It is essential that you consult knowledgeable counsel to assist you.

Explore the Documents

By Toniic

These term sheets are intended to help inform investors and entrepreneurs. It is not legal advice, and none of the content should be used verbatim or in any way without help from a lawyer. Impact Terms’ goal is to be comprehensive, so not all of the documented innovations are useful, and no innovation is always appropriate.


By Indie.vc

With v3, Indie.vc aimed to capture the spirit of preserving equity for founders while simplifying the process in a tax-efficient way for investors. The contrast of the traditional VC route with v3 is simple, stark, and compelling. It should be the obvious, if not always easy, choice for ambitions founders.


By Calm Company Fund

Calm Company Fund invests early in software and software-enabled companies via a new financing structure called a Shared Earnings Agreement (SEAL), which is very different from traditional VCs or accelerators. Calm is a team of founders, bootstrappers, and makers focused on funding entrepreneurs who want to build sustainable, profitable businesses. Their team developed the Shared Earnings Agreement transparently in public to be the funding terms they would have wanted to see when they were building our businesses.


By Exponential Creativity Ventures

The SHARE is intended to make lots of good companies “investable” that would not otherwise be candidates for venture capital, and align investor and founder incentives toward the shared goal of building a sustainable, profitable business.