How SAFE Cleanups work

Each direct SAFE means more administrative overhead and greater risk of delay during an equity financing.

With SAFE Cleanups, companies can optimize their cap table while preserving the economic rights of their SAFE investors.

The SAFE Cleanup Agreement contains a limited purpose power of attorney and a voting agreement that allows the company to sign conversion documents as long as the SAFE is converting according to its terms.

The result is effortless SAFE conversions during an equity round for both founders and investors.

Share your existing SAFEs

Tell us about your company and existing SAFE investors. The more SAFE investors you have, the more time and money you can save.

• Works for any previously signed SAFEs

• No capital contribution limits or restrictions

• Works with international investors

Invite SAFE investors to sign

Easily invite your previous SAFE investors to sign the SAFE Cleanup Agreement through AngelList. AngelList helps you keep track of the process and follow up with investors.

• Replaces e-signature tools like DocuSign

• Signed document storage built into the cap table

• Track investors’ signature status and easily follow up

Enjoy a cleaner cap table

Now you can sign conversion documents as long as the SAFEs are converting according to their terms. The result is lower overhead for both founders and investors.

For companies with their cap table on AngelList, “cleaned up” SAFEs appear as one row on AngelList’s cap table so founders can view their cap table through the lens of required approvals.

With the AngelList Growth + plan, SAFE Cleanups, RUVs, and cap table work together to optimize cap table and equity management.

• For the best results, combine SAFE Cleanups with AngelList cap table

• No-fee migrations to AngelList cap table from any cap table provider