Incorporating your Startup

One of the first decisions for a startup founder is what sort of legal entity to form. C-Corp, S-Corp, LLC, B-Corp? There are many options on entities and many options on jurisdiction (Delaware? Nevada?). Making the right choice now will optimize your operating and fundraising efforts in the future.
Foley Represents LottieFiles in $37M Series B Financing

Foley & Lardner LLP represented LottieFiles, a micro animation design company, in its $37 million Series B financing round. The round was led by Square Peg Capital, with participation from XYZ Venture Capital, GreatPoint Ventures, and returning investors 500 Startups and Microsoft Venture Fund, M12. LottieFiles streamlines the process of turning animations made in software […]
Natasha Allen Featured on Podcast Discussing Canadian Startups Increasingly Looking to Access U.S. Investors

Foley Partner Natasha Allen was featured on the Corporate Counsel Business Journal’s “In House Warrior”daily podcast to discuss how Canadian startups are increasingly looking south to the U.S. for angel investors. Allen covers what Canadian entrepreneurs need to do to entice American investors, the corporate and personal tax benefits and government incentives that come with incorporating in […]
SEC Bolsters Crypto-Regulatory Team

The Securities and Exchange Commission announced this morning that it will add 20 positions to its Crypto Assets and Cyber Unit. This unit is responsible for protecting investors in the crypto market, as well as keeping them safe from cybercrimes. According to Axios, current Cyber Unit, Chief Kristina Littman, is stepping down with plans to […]
Foley Represents Accern in $20M Series B Funding Round

Foley & Lardner LLP represented Accern, which uses artificial intelligence (AI) to analyze online conversations around particular companies, trends, and industries, in its $20 million Series B funding. The round was co-led by Mighty Capital and Fusion Fund alongside Tribe Capital, Shasta Ventures, Gaingels, and others. Accern provides AI-powered apps and natural language processing (NLP) models […]