Technology and High Growth Startups

Technology and High Growth Startups

Legal services for founders building tech start-ups from ideation through growth and scale, and ultimately to exit.

As a proud member of the #sktech and #prairietech communities, we pride ourselves on understanding founders building tech start-ups. We are fortunate to act for dozens of startups from ideation through growth and scale, and ultimately to exit.

 

High growth startups require a different perspective on traditional legal services. Members of our firm pride themselves on their innovation in deploying legal services to startups both in Saskatchewan and throughout Canada. We aim to provide scalable legal solutions tailored to the particular stage of business your startup is at (ideation, market validation, product development, client onboarding, soliciting investors, or exit). We do this by focusing on 3 pillars of startup service:

 

  1. Foundation – Our startup package includes incorporation and organization of your startup; a template founders’ (shareholders’) agreement; template employment, contractor, services, and stock option agreements; and template terms of use and privacy policy.
  2. Grow – We provide template legal documents for repeatable aspects of your business, whether internal (e.g. employment contracts) or external (e.g. terms of service). We regularly meet with our clients to discuss more than simply their legal needs; we pride ourselves on our deep understanding of our client’s startups as well as their strategic vision for their startup. When it comes to legal projects such as licensing matters, raise rounds, and employment matters, we offer fixed-fee solutions that give price certainty to founders.
  3. Mature – We provide tailored legal solutions for major startup life cycle events, such as raises, strategic partnerships, and exit events.

All of our pillars are built upon a focus on flexible billing arrangements (whether hourly, fixed, success fee, or other) that make sense for your particular startup. We believe that our fees should always be a reflection of (i) the value we provide as professionals to your startup, and (ii) the stage of the startup life cycle that your startup is at.

 

Our client portfolio includes dozens of technology, agricultural, blockchain, resources and healthcare startups. We work closely with both of Saskatchewan’s technology business incubators (Co.Labs and Cultivator) and are staunch supporters of the #sktech community. Our lawyers pride themselves on their deep industry knowledge and ability to translate archaic legalese into actionable business intelligence.

 

The services we offer in this area include:

  • Incorporation and organization of startups (including setting up a cap table, founder vesting, and IP assignments)
  • Technology licensing (including software licensing, SaaS subscriptions, joint IP development agreements, and software development agreements)
  • Regulatory reviews (including privacy law compliance, health and financial law compliance, and general identification of laws applicable to new startups)
  • Capital raising (whether through SAFEs, notes, preferred stock, or common stock)
  • Immigration services for bringing in new employees
  • Employment services for addressing issues with new and existing employees
  • Community introductions to investors, supporters, accelerators, and potential mentors

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