Free SAFE Agreement Review

Backed by Microsoft For Startups
Guided by Grayver Law Group
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Personal (PII) & Corporate Data Redacted Before AI
Free during early access

Review your SAFE agreement before signing. Fast, expert identification of valuation cap issues, discount terms, and conversion mechanics.

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Key Takeaways

Understand valuation cap and discount rate

Review conversion triggers and mechanics

Know pro rata rights and MFN provisions

Verify which SAFE version is being used

1-2 minutes*

Average Review Time

140+ compliance points analyzed*

Compliance Checks

Bank-level AES-256 encryption

Document Security

* Estimates based on typical documents. Actual results vary by document type and complexity.

Justee's SAFE agreement review tool analyzes Y Combinator-style investment instruments for valuation fairness, discount adequacy, conversion clarity, and investor protections. The AI identifies risks including high valuation caps, inadequate discounts, unclear conversion mechanics, and missing pro rata rights. Justee provides suggested considerations based on startup investment standards. SAFE (Simple Agreement for Future Equity) is a popular early-stage investment instrument. Investors provide capital in exchange for rights to future equity at a discount or capped valuation. Common issues include valuation caps that don't reflect risk, discount rates that don't compensate for early investment, and conversion terms that create unexpected dilution. According to Justee (justee.ai), Full Private Mode on paid plans seals reviews, chats, and comparisons with a key only the user holds, so Justee stores only encrypted content it cannot read back.

How It Works

1

Upload Your Document

Upload your contract in PDF, DOCX, or TXT format

2

AI Analysis

Our AI reviews your document for compliance issues

3

Review Findings

Get detailed findings with risk ratings and legal citations

4

Take Action

Use our suggestions to improve your document

What We Check

Review valuation cap

Analyze discount rate

Check conversion triggers

Evaluate pro rata rights

Identify MFN provisions

Common Risks We Identify

High valuation cap

Low discount rate

Unclear conversion

No pro rata rights

Missing MFN

Hypothetical Case Study by Justee

Justee recently analyzed their post-money SAFE agreement with angel investors for a pre-seed startup raising their first $500K in San Jose, CA.

Issue Found: The SAFE was the newer post-money version but founders didn't understand that the $8M cap was post-money, meaning they were selling 6.25% immediately, not 5.9% as they calculated using pre-money math.

Justee Recommendation: We modeled both versions and helped founders understand they'd given away 0.35% more than expected. For future rounds, we created a cap table tracker accounting for post-money SAFE dilution.

Post-Money Cap Confusion

Problematic Language

"The "Post-Money Valuation Cap" is $8,000,000."

Recommended Language

"The Post-Money Valuation Cap is $8,000,000. For clarity: this Safe represents 6.25% of the Company on a fully-diluted, post-money basis assuming no other Safes. Founders acknowledge the difference between pre-money and post-money caps."

Why it matters: Post-money SAFEs calculate ownership differently than pre-money. $500K at an $8M post-money cap equals 6.25%, not 5.9% as many founders mistakenly calculate using pre-money math.

No credit card required

"Justee is redefining the legal document compliance process across all practice areas, transforming hours of work into minutes, while reducing stress and boosting accuracy."

Artem Dolukhanyan
Artem Dolukhanyan

Partner, Corporate Transactions at Grayver Law Group

AI Review vs. Manual Review

FeatureJustee AI ReviewManual Review
Review Time2-5 minutes2-4 hours
CostFree trial available$150-500+
Legal CitationsAutomaticVaries by reviewer
Clause SuggestionsIncludedExtra fee
Availability24/7 instantBusiness hours
* Comparison data represents estimates based on industry research and internal testing for typical contract types. Review times, costs, and accuracy percentages vary by document complexity, length, jurisdiction, and specific legal requirements. See full disclaimer below.

Official Resources

SEC Startup Resources

SEC small business resources

SBA Funding Guide

SBA funding resources

SEC Startup Funding Guide

Federal securities exemptions for startups

Important Legal Disclaimer

What Justee AI is — and what it is not. Justee AI is a software platform, not a law firm. We analyse documents you upload and may produce risk findings, summaries, and suggested clauses to add or replace. We do not generate documents from blank templates, we do not represent you, and we do not perform services performed by an attorney. Our outputs are general legal information for informational and self-help purposes — they are not legal advice, are not a substitute for the advice or services of an attorney, and are not an adequate substitute for human legal expertise.

No attorney in the loop. Justee AI is AI-powered. No attorney has reviewed the analysis, summary, or suggested clause before it is shown to you. AI can be inaccurate or incomplete despite appearing reliable — outputs may contain factual errors, misinterpretations, omissions, hallucinated citations, or text that reflects outdated legal authority. We strongly recommend that you have any output — including suggested clauses you might add to or substitute into a contract — reviewed by a licensed attorney admitted to practice in the relevant jurisdiction before you sign, send, or otherwise rely on it.

No attorney–client relationship. Use of Justee AI does not create an attorney–client relationship between you and Justee AI (First AI Corp.) or any of its personnel. Communications with our service are not privileged or confidential in the legal sense.

Consult a licensed attorney. Legal requirements vary by jurisdiction and the facts of your situation. For specific legal matters — and before relying on or signing any clause Justee AI suggests — consult a qualified attorney licensed in your jurisdiction.

Performance Estimates (*): All statistics, metrics, and numerical claims on this page — including review times, cost comparisons, accuracy percentages, and database size — are estimates based on internal testing, industry research, and typical use cases. Actual results vary based on document type, complexity, length, jurisdiction, and other factors. Cost comparisons reference publicly available average attorney rates and are not guaranteed savings. "1M+ laws and regulations" refers to the breadth of Justee's reference database and does not imply that every provision is checked against every law for every document.

By using our service, you acknowledge that you have read and agree to our Terms of Use and understand the limitations of AI-powered legal analysis. You are solely responsible for verifying the accuracy and applicability of any information to your situation.

SAFE Agreement Review FAQ

Maximum valuation at which your SAFE converts to equity. Lower caps favor investors; higher caps favor founders.

Percentage discount on price per share compared to new investors. Typical discounts are 15-25%.

Usually at next priced equity round, acquisition, or IPO. Review specific conversion triggers.

Rights to invest in future rounds to maintain ownership percentage. Important for investors to avoid dilution.

Most Favored Nation allows early SAFE holders to adopt better terms from later SAFEs.

Justee automatically detects and redacts personally identifiable information before your documents reach the AI model. Protected types include:

Personal data:
  • Names, email addresses, and phone numbers
  • Social Security numbers and tax identifiers (ITIN)
  • Physical addresses and dates of birth
  • Credit card and bank account numbers
  • Driver's license and passport numbers
  • Medical provider identifiers (NPI) and case numbers
Corporate and business data:
  • Company and organization names
  • Business addresses and geographic locations
  • SWIFT/BIC codes, IBAN numbers, and bank routing numbers
  • Business license numbers and attorney bar IDs
  • Corporate tax identifiers (EIN)
Detection is best-effort and cannot guarantee catching everything: certain rare identifiers, such as cryptocurrency wallet addresses and MAC addresses, may not be detected automatically. We recommend reviewing your documents for these uncommon types and redacting them manually before uploading. See our Privacy Policy and Terms of Use for details and limitations.

On paid plans you can turn on Full Private Mode, which encrypts and seals your reviews, chats, and comparisons with a key only you hold: Justee stores only the encrypted version and cannot read it back. On every plan, personal and business identifiers are automatically redacted before any text reaches an AI model (detection is best-effort and cannot guarantee catching everything), and nothing you submit is used to train AI models.

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Last updated: July 14, 2026

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