TermSheetIQ

TermSheetIQ is a web app (with optional mobile companion) that helps early-stage founders and operators sanity-check term sheets and key financing documents fast. Users upload a term sheet (PDF/DOC), and the app extracts clauses, flags founder-unfriendly terms (e.g., participating preferred, full ratchet, aggressive pro-rata, board control, veto rights), and generates a plain-English summary with a risk score and negotiation suggestions. It also benchmarks terms against stage/region norms using anonymized data and curated market references. The product is an AI app plus traditional workflow: structured clause library, checklists, and a guided “what to ask your lawyer” output. It’s not a replacement for counsel; it’s a triage tool that reduces surprises, speeds decision-making, and helps founders walk into legal calls prepared. Pricing can be per-document or subscription for accelerators and studios.