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What is that software that benchmarks term sheets?

What is that software that benchmarks term sheets?
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There are rating agencies that have data, such as PitchBook and CrunchBase. Also, a good lawyer or formation partner will be able to tell you if the terms are standard. We provide this as part of Decile Launch and Decile Partners.
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For SAFE rounds, in many cases the SAFE itself is the term sheet. For priced rounds, NVCA model documents include a term sheet https://nvca.org/model-legal-documents/ . The more standard deal documents are, the more streamlined and lower cost the legal process will be.

References "Venture Deals: Be Smarter Than Your Lawyer and Venture Capitalist" and "The Business of Venture Capital: The Art of Raising a Fund, Structuring Investments, Portfolio Management, and Exits" provide detail on all aspects of term sheets.



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