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An initiative by Italian Founders Fund & BonelliErede

Standard Investment Documents

We are sharing with the ecosystem a set of standard investment documents for early stage VC. Free to use, designed to make rounds faster, fairer and more transparent.

Announcing the Standard Investment Documents
The documents

Three templates. One standard.

Standard Investment Documents - The Term Sheet

TERM SHEET

The Term Sheet is the first document you will exchange with an investor, and the most critical. Find out how it's structured and its main clauses by watching the video and downloading the document below.

Download
Standard Investment Documents - The ESOP

ESOP

The ESOP is how you give your team a piece of the company, and one of the best ways to attract outlier talent. Watch the video to go over its main terms, download the document, and share the guide prepared by BonelliErede with your employees.

Standard Investment Documents - The Long Docs

LONG DOCS

The Long Docs are the two agreements you sign when the round closes: the Investment Agreement, which governs the relationship between founders, existing quotaholders and the investor, and the New By-Laws, which set out how the company is governed afterwards. Watch the video for the main terms, then download the two guides prepared by BonelliErede.

Free to use. Built to be improved.

These documents are shared openly with the Italian founder community. We are happy to hear your feedback and ways you think we can improve. Send us an email at hello@italianfoundersfund.com !