Clarilis 

Early-Stage Investment Suite (incorporating the BVCA model forms)

Clarilis provides off-the-shelf, deep automation of early-stage investment documents for corporate teams. The suite incorporates the BVCA model form documents, with additional market-standard automated ancillary precedents and forms from Addleshaw Goddard LLP, and additional drafting options commonly seen in the market for the core BVCA documents. Built on Clarilis’ market-leading automation platform, the solution enables fast, efficient, and risk-mitigated document drafting for early-stage financings.

  • Reduce the time and cost associated with the preparation and review of early-stage financing documents 
  • With a balanced starting point to avoid bias towards the VC or company / entrepreneur, negotiation is reduced
  • Customised versions of this suite are also available to meet the needs of your practice and the funds you work with

What does the Early-Stage Investment Suite include?

BVCA Model Documents
  • Articles of Association
  • Subscription Agreement
  • Shareholders’ Agreement
  • Registration Rights Agreement
  • Disclosure Letter
  • Confidentiality Letter
Additional Documents
High quality content provided and maintained by Addleshaw Goddard LLP.

  • Term Sheet
  • Disclosure Letter (non-BVCA)
  • Deeds of Termination
  • Investor/Shareholder Consent
  • Warrant Instrument
  • Director Consent Letter
  • Written Resolutions and Print of Resolutions
  • Board Minutes / Written Resolutions of Directors - Investor
  • Board Minutes / Written Resolutions of Directors - Investee Company
  • Board Minutes / Written Resolutions of Directors - Subsidiary 
  • Director Resignation Letter
  • PSC Notifications
  • Loan Conversion Notice
  • NED Appointment Letter
  • FPO Self Certification Form
  • Share Certificate
  • Documents List
  • Companies House Forms (SH Forms, PSC Forms, AP Forms and TM Forms)

What does the Early-Stage Investment Suite include?

BVCA Model Documents

  • Articles of Association
  • Subscription Agreement
  • Shareholders’ Agreement
  • Registration Rights Agreement
  • Disclosure Letter
  • Confidentiality Letter

Additional Documents

High quality content provided and maintained by Addleshaw Goddard LLP.

  • Term Sheet
  • Disclosure Letter (non-BVCA)
  • Deeds of Termination
  • Investor/Shareholder Consent
  • Warrant Instrument
  • Director Consent Letter
  • Written Resolutions and Print of Resolutions
  • Board Minutes / Written Resolutions of Directors - Investor
  • Board Minutes / Written Resolutions of Directors - Investee Company
  • Board Minutes / Written Resolutions of Directors - Subsidiary 
  • Director Resignation Letter
  • PSC Notifications
  • Loan Conversion Notice
  • NED Appointment Letter
  • FPO Self Certification Form
  • Share Certificate
  • Documents List
  • Companies House Forms (SH Forms, PSC Forms, AP Forms and TM Forms)


“We have been advising in the space for a long time and have a genuine interest in how the sector can evolve. This automation will accelerate document delivery while maintaining our hallmark quality standards and represents a significant advancement for our clients. We are delighted to share our knowledge in this area and work with Clarilis, with its history of producing great automations, to see the market as a whole benefit.” 

dave-anderson addleshaw goddard

David Anderson, Partner, Addleshaw Goddard

Why do Corporate lawyers use Clarilis?

Reduce drafting time
Draft deal documents in minutes
Enhance client relationships
Enhance client relationships by delivering an accelerated service
Improved Margins
Improve margin by working more efficiently
Increased Capacity
Increase capacity in busy teams
Enable Delegation
Enable delegation in a risk mitigated environment
Questionnaire
Driven from a single questionnaire for all documents


"The BVCA is supportive of tools that encourage the wider adoption of the model documents and align with our mission of assisting the venture capital community."

BVCA_logo_Colour

 

Clarilis Early-Stage Investment Suite benefits:

  • Drastically reduce lawyer drafting time
  • With a balanced starting position, negotiation is also reduced
  • Protect margin and reduce turnaround times
  • Free up precious lawyer time from mundane drafting

ESIS Screenshot 2

 

  • Customised versions of this suite are also available to meet the needs of your practice and the funds you work with
  • Provide a leveller for firms of all sizes
  • Available off-the-shelf, with no implementation required
  • The automation is fully maintained
ESIS Screenshot 1
ESIS Fact Sheet Page

Automated Early-Stage Investment Suite

Combining the BVCA model form documents, additional content from Addleshaw Goddard, and Clarilis' best-in-class automation platform

Over 30 deeply automated early-stage investment documents.


Read the factsheet

Frequently asked questions

Who has contributed to the content?

Clarilis Early-Stage Investment Suite contains the BVCA Model Forms and additional content from Addleshaw Goddard LLP.

Addleshaw Goddard has drafted the additional documents contained within the Early-Stage Investment Suite to represent a fair market view, rather than necessarily Addleshaw Goddard’s house view in particular areas.

The content is maintained in accordance with changes in corporate law and practice over time, and based on market feedback - i.e. Clarilis and Addleshaw Goddard will evolve the underlying automation and precedents in line with feedback received from corporate departments and the BVCA drafting committee. 

Can I have it in my house style?

The Early-Stage Investment Suite includes Clarilis’ extensive styling options as standard. These styling options enable firms to extensively customise the styling of documents drafted by Clarilis to match or in some circumstances closely mirror your firm’s house style, all whilst maintaining all of the benefits of centrally maintained content and automation.  

These styling options go way beyond changing the logo, font typeface and font size. There are over 170 options, across 80 categories, which Clarilis will configure for you as part of the onboarding process. Please speak to us for more details.

Where required, bespoke house styling is also available to 100% match your firm’s house style. This might be necessary where your firm’s house style contains non-standard content or formatting. Bespoke house styling is available by separate commercial arrangement. 

Is it secure?

Yes, Clarilis is: 

- hosted on Amazon Web Services (AWS) in the UK;

- ISO 27001 certified by the British Standards Institute (BSI); and

- used by the largest law firms on the planet, having passed their rigorous Infosec processes. (Click here to see some of our customers). 

You can read more about our security here. 

Do I need to install anything to use Clarilis?

No, there are no plugins or software required, if you can access the internet via a browser you can use Clarilis.

Click here to request a demo.

Will it work with Single Sign On ("SSO")?

Yes, Clarilis will help you set it up with your firm’s SSO system.

Click here to request a demo.

Is the automated content maintained?

Clarilis fully maintains the automation of the precedents and updates the content as and when content providers update the underlying documents. This includes: (a) all updates from the BVCA drafting committee; and (b) all Addleshaw Goddard LLP updates to reflect the latest law and to ensure the precedents continue to reflect a fair market view. 

The Early-Stage Investment Suite will evolve continually in line with the requirements of the corporate market. 

Is training provided?

Absolutely, we have full video training available on demand so your users can learn how to use the system. Not that in depth training is required, as one Partner from a client firm puts it, “if you can buy something on Amazon you can use Clarilis”. 

Don’t forget, as the content is provided deeply automated out-of-the-box, you don’t need to implement Clarilis, it is ready to go.  


“We are delighted to deliver a substantial automation for the market with the corporate team at Addleshaw Goddard – including not only the BVCA forms but also all commonly used ancillary documents. Addleshaw Goddard's corporate team has an excellent reputation and is extremely forward-thinking when it comes to digitisation of the practice of law.”

James Quinn Smaller Circle-1

James Quinn, CEO, Clarilis

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