Please ensure Javascript is enabled for purposes of website accessibility


Big things are happening at Ogier. Change is embedded in everything we do. It is redefining our talent, our ways of working, our platforms of delivery, our culture.



We have the expertise to handle the most demanding transactions. Our commercial understanding and experience of working with leading financial institutions, professional advisers and regulatory bodies means we add real value to clients’ businesses.

View all services

Business Services Team

View all Business Services Team


Our sector approach relies on smart collaboration between teams who have a deep understanding of related businesses and industry dynamics. The specific combination of our highly informed experts helps our clients to see around corners.

View all sectors


Ogier provides practical advice on BVI, Cayman Islands, Guernsey, Irish, Jersey and Luxembourg law through our global network of offices across the Asian, Caribbean and European timezones. Ogier is the only firm to advise on this unique combination of laws.

News and insights

Keep up to date with industry insights, analysis and reviews. Find out about the work of our expert teams and subscribe to receive our newsletters straight to your inbox.

Fresh thinking, sharper opinion.

About us

We get straight to the point, managing complexity to get to the essentials. Our global network of offices covers every time zone. 

No Content Set

Irish investors and entrepreneurs: a summary of SAFE agreements


01 January 2023

2 min read

Save as PDF

Simple Agreement for Future Equity (SAFE)

Simple Agreement for Future Equity (SAFE) notes are an increasingly attractive fundraising tool most common in startups and early stage companies. As the name suggests, it is a simplified agreement whereby a prospective investor receives a contractual right to future equity (shares) on the occurrence of certain milestones achieved by the company, to include further financing rounds or the sale/ listing of the company.

Aims of SAFE agreements

SAFE streamlines the process of investing in an early-stage company with convertible equity. Some key features which will be the basis of negotiation would be the favourable discount rate the investor would receive on future funding rounds and a valuation cap on the conversion price an investor would pay once shares have issued on a financing round.

Key points of SAFE agreements

Subject to the dynamic between the company and investor, the investor may look for a right to appoint a director to the board of the company or more transparency on how their investment is being utilised within the business. The investor may also seek agreement that where future funding is acquired that the SAFE investor is offered at least as favourable terms (or more favourable terms) in the event the terms of subsequent investment differ.

No Content Set