Pre-Money Convertible Note Template

A template for a pre-money convertible note.

This template provides a structured and legally aligned framework for documenting a pre-money convertible note investment. It is designed for early-stage companies raising capital prior to a priced equity round, allowing investment to convert into equity at a later date based on predefined terms. The template clearly outlines key provisions such as conversion mechanics, valuation treatment, discounts or caps, maturity dates, interest (where applicable), and repayment scenarios. By standardising these terms, it helps ensure transparency, reduces ambiguity, and aligns expectations between founders and investors. This document can be customised to suit specific deal structures and jurisdictions, making it a practical starting point for early-stage fundraising discussions.