Official Y Combinator Safe Financing Documents
Here's Y Combinator's official website for safes (simple agreement for future equity) and other templates, such as term sheets and sales agreements. It contains YC's latest safe version, the post-money safe. The previous version, the pre-money safe, is still widely used. You can download all unmodified official YC safe templates here. They can be issued, converted and managed in the Captable.io's Ownership > Convertible Instruments view.
Post-money safes
- Post Money Safe User Guide
- Valuation Cap, no Discount
- Valuation Cap and Discount
- Discount, no Valuation Cap
- MFN, no Valuation Cap, no Discount
- Pro Rata Side Letter
Pre-money safes
- Safe Primer (user guide)
- Valuation Cap, no Discount (the "standard" version)
- Valuation Cap and Discount
- Discount, no Valuation Cap
- MFN, no Valuation Cap, no Discount
Beyond these standard safes versions, YCVC funds also invests via a special YCVC safe. If this is applicable to your YC batch, you can find this template on Bookface or by contacting YC.