WCC Academy🚀
Fundraising
Embarking on a fundraise can be both exciting and overwhelming. Getting it right is pivotal for success.
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Seed Round: Early-stage funding used to validate business concepts and develop a minimum viable product (MVP)
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Series A: A round of financing typically used to scale a business that has proven its concept and generated some revenue
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Series B: A funding round to support further growth, often involving expanding operations, entering new markets, or enhancing product development
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Series C and Beyond: Later-stage rounds aimed at scaling and expanding the business on a larger scale or preparing for an IPO
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Venture Debt: A form of debt financing provided by venture capital firms or specialised lenders to complement equity funding
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Convertible Notes: Short-term debt that can convert into equity, commonly used in early-stage funding rounds
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Crowdfunding: Raising funds from a large number of individuals or investors through online crowdfunding platforms
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Angel Investment: Investment from individual angel investors who provide capital and mentorship to startups
- Government Grants and Support: Funding from government agencies, grants, and incentives designed to support innovation and entrepreneurship
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Accelerator and Incubator Programs: Participating in accelerator or incubator programmes that provide funding, mentorship, and resources to early-stage startups
Going for growth
Ever wondered how legal prowess can fuel growth?
- Attract and retain key talent without breaking the bank using an employee share option plan
- Are employees or contractors creating your intellectual property? Make sure you own and protect it
- Use a shareholders’ agreement to clearly document how a company is owned and controlled
- Negotiate agreements with customers and suppliers. Mitigate your risk and protect your interests
We found the entire team at Wallace Corporate Counsel to be exceptional. Our main contact, Alan Ryan, has guided us through our early private funding rounds to playing a huge part in our IPO process. Without his support our funding process would have been extremely difficult.
Nothing has ever been too much bother and one of the best aspects of the service is the personable nature of the team and their ability to explain complex legal matters in plain English for a management team with limited legal experience.
Outside of the funding rounds the team have provided invaluable commercial guidance around contract negotiations.
I, and the whole board of ENGAGE XR, would recommend Wallace Corporate Counsel to anyone requiring corporate legal services.
As a small yet rapidly expanding business, we require continuous assistance from legal professionals who possess the right team size with the necessary expertise to address various aspects of our business requirements. Simultaneously, they must be adaptable and easily accessible to accommodate our specific needs.Over time, we have identified Michael & Corporate Counsel's team as an ideal fit for our organisation.Their human-centred approach and deep understanding of our business have consistently positioned them as our most dependable partner during critical moments.
WCC helped with our Series A fundraising activity and were a massive asset to the company in communicating with all of the relevant parties, advising the founders on negotiations, helping with complex deal terms, and ensuring a smooth process throughout.
I would highly recommend working with Alan, Graham, and team for a professional, straight-talking, and very effective legal counsel when you are undertaking fundraising activities.
Alan Ryan and his team are exceptionally good at what they do. At all times, I felt informed and comfortable that the team would help us reach the best possible outcomes.
There were curve balls during the process and WCC's responsiveness enabled us to reach conclusions in a timely manner. I cannot recommend this firm enough - their strategic mindset together with impeccable execution make them among the best in the industry.
It was great working with the Wallace Corporate Counsel LLP team -
they did a super job and were very enjoyable to work with so I would highly recommend them.
We used Wallace Corporate Counsel for our first investment…and it was really smooth sailing. Communication was excellent, they explained the legal elements well, and they covered all that was needed.
Wallace Corporate Counsel are excellent to deal with, a great partner to scale with.
I highly recommend WCC to any startup founder seeking to entrust their legal matters to skilled professionals. Their expertise ensures peace of mind and exceptional service.
WCC has been a great partner to OptaHaul from its inception through multiple fundraising rounds and new client contracts. We couldn't wish for a better partner and would advise all our fellow tech startups to strongly consider using their legal services.
Alan and Fran were constant professionals during the process. The offered guidance when required and were very open to feedback. They both ensured that they were available at all times to field any questions we had. A very impressive duo.
Key Contacts
