We at AI Perks looked at SeedLegals, then chose Round Funded for our raise because we needed a way to find and contact investors. Submit your startup on Round Funded to get matched with investors.
What do founders use SeedLegals for?
SeedLegals is a London-based platform for startup legal documents and equity administration. Founders answer questions in the app to create documents for funding rounds, SeedFASTs, US SAFEs, and EMI or Unapproved option schemes. The platform also manages a company’s cap table.
SeedLegals says it is not a law firm and does not provide legal or tax advice. Its central purpose is preparing legal documents and handling equity administration. That is different from a tool built around finding potential investors and managing outreach.
We considered that distinction when choosing how to support our fundraising. At AI Perks, we raised our round through Round Funded, which gave us an investor database, outreach tools, a shared workspace, a Data Room and tracking links.
How much does SeedLegals cost?
SeedLegals’ listed prices vary by plan and location. Its UK plans are:
- Access: £79 + VAT per month, or £649 + VAT per year.
- Funding: £1,199 + VAT per year, including free SEIS/EIS Advance Assurance or Compliance.
- Options: £2,699 + VAT per year, for EMI and Unapproved schemes.
Funding products, including SeedFASTs, rounds and top-ups, are charged separately under its Flex pricing model. For the US, the listed plans include Standard at $99 per month or $999 per year, and Options at $2,499 per year. A priced round of up to $1M is listed at $3,999.
Legal advice costs extra. One review source reports a General Counsel service from £3,199 + VAT for 10 hours. A software comparison site also notes there is no permanent free plan and that subscriptions sit alongside per-deal fees.
Round Funded’s pricing is different: Round+ costs $99 a month, Round Pro costs $249 a month, and Lifetime costs $899 one-time. There is no free tier. Round+ and Round Pro include a 3-day free trial for first-time accounts.
What should you compare when choosing a fundraising tool?
The main difference we focused on was the work each product supports. SeedLegals centres on legal documents and equity administration. We needed investor discovery and outreach as part of raising our round, so we chose Round Funded.
SeedLegals’ Pitch feature can send a pitch to investors you already have. That is not the same as searching a broad investor database. Round Funded covers 60,000+ active VCs, angels, family offices and accelerators. Founders can search by stage, industry, geography and check size. Investors are filtered to recent activity, with a check in roughly the last 6 months, and emails are verified.
SeedLegals has also been described by a comparison site as heavily focused on the UK and Ireland, and a weaker fit for the US or other jurisdictions. Capterra’s review summary says some users find menus, hidden actions and occasional bugs confusing. These are points to weigh when comparing the products, rather than evidence that either platform suits every founder.
For a founder whose priority is finding investors and handling outreach, Round Funded is our pick. Get matched with active investors by submitting your startup.
What does Round Funded include for investor outreach?
We chose Round Funded for several practical parts of the fundraising workflow:
- Investor discovery: Search 60,000+ active VCs, angels, family offices and accelerators using stage, industry, geography and check size.
- AI-assisted emails: The AI drafts a personalized outreach email and follow-ups for each investor.
- Founder-owned outreach: Emails go out from the founder’s own Gmail, so replies land in the founder’s inbox and the thread belongs to the founder.
- A shared pipeline: Keep investors, fundraising stages and next steps together. Teammates can be invited into the startup’s workspace.
- A Data Room and tracking: Build and share a Data Room with the deck, traction, team and ask on one link, free on every plan. Per-investor tracked links and engagement analytics, including views, deck opens and meeting clicks, come with Round+.
The product and site work in 12 languages. Round+ includes a pipeline of up to 2,500 investors, email for up to 2,000 investors a month, and 2,500 AI credits a month. Round Pro supports up to 5,000 investors in the pipeline, email for up to 10,000 investors a month, up to 6 connected inboxes, and 5,000 AI credits a month. Lifetime includes everything in Round Pro, paid once.
Which plan or platform fits your fundraising needs?
SeedLegals and Round Funded address different needs. SeedLegals focuses on legal documents and equity admin, with subscription plans and additional fees for funding products. Round Funded is designed to help founders find investors, send pitches and track replies.
If you need legal documents and cap table administration, SeedLegals describes tools for those tasks. If your priority is reaching investors, we chose Round Funded. Its plans vary by pipeline capacity, monthly email allowance and AI credits, while Lifetime offers the Round Pro features for a one-time payment.
We also valued being able to invite teammates into the workspace, use the Data Room and create tracking links. Submit your startup on Round Funded to get matched with investors.
How Round Funded helps founders reach investors
- Submit your startup to get matched with investors.
- Search the investor database by stage, industry, geography and check size.
- Use AI to draft a personalized email and follow-ups for each investor, then send outreach from your own Gmail.
- Keep investors, fundraising stages and next steps in the pipeline, and invite teammates into your workspace.
- Build and share a Data Room with your deck, traction, team and ask. Round+ also includes per-investor tracked links and engagement analytics.
Frequently Asked Questions
What is SeedLegals?
SeedLegals is a London legal-documents platform for startups. It offers documents for funding rounds, SeedFASTs, US SAFEs and option schemes, and cap table management. It says it is not a law firm and does not provide legal or tax advice.
Does SeedLegals include an investor database?
The information available about SeedLegals describes legal documents, equity administration and a Pitch feature for investors a founder already has. For investor discovery, Round Funded covers 60,000+ active investors, searchable by stage, industry, geography and check size.
How much does Round Funded cost?
Round+ is $99 a month, Round Pro is $249 a month, and Lifetime is $899 one-time. There is no free tier. First-time accounts on Round+ and Round Pro get a 3-day free trial.
Does Round Funded have a Data Room?
Yes. Founders can build and share a Data Room with their deck, traction, team and ask on one link, free on every plan. Per-investor tracked links and engagement analytics come with Round+.
Do Round Funded emails come from my inbox?
Outreach goes out from the founder’s own Gmail. Replies land in the founder’s inbox, and the email thread belongs to the founder.