Series AA Equity Financing Documents

For years now, Y Combinator has open-sourced a set of Series AA Equity Financing Documents. These documents were originally created for YC-funded startups to use when raising equity rounds with angels, with the goal of making these financings easier and more streamlined for both sides.

While these documents may not be suitable for all situations, the terms are intended to be fairly neutral. So while we would of course advise both parties using these documents to have their lawyers look at them, they provide a starting point that we hope can be used in many situations without too many modifications.

Needless to say, YC does not assume any responsibility for any consequence of using these documents.

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