What is the seed stage?
Seed stage is the earliest phase of a startup’s lifecycle, following formation and any pre-seed activity, characterised by initial team assembly, MVP development, product-market-fit search and earliest customer acquisition. Seed-stage companies are pre-Series-A and typically unprofitable.
Seed-stage legal priorities include clean cap-table formation, founder vesting, IP assignment, advisor and key-employee agreements, and disciplined seed-round documentation that will not impair later institutional fundraising.