A start-up lawyer in Ra'anana, from first idea to investment
Liron Segev is a start-up lawyer in Ra'anana who works with founders from the idea stage through incorporation and fundraising, and with technology companies at every later stage: private and public companies and multinationals.
She served for many years as Legal and General Counsel at hi-tech and international companies, and represented technology companies in international and capital markets transactions. She knows from the inside the questions founders and investors ask.
It pays to talk to a lawyer as soon as there is an idea and a co-founder: decisions such as the share split stay with the company for years.
What the office covers
Founders agreement
The relationship between the founders: share split, roles, board appointments and protections for future allocations. Worth signing even before incorporation.
Articles of association
The company's rules. Some provisions of the Companies Law can be varied in the articles, so they should reflect what the founders agreed.
Incorporation
Registering the company with the Registrar of Companies, the initial shareholders' declaration and the first directors.
Fundraising and investment agreements
Investment rounds, drafting and reviewing investment agreements, and issuing shares to investors.
Shareholder arrangements
Tag-along, drag-along and BMBY clauses for when a shareholder sells or partners part ways.
Software and licence agreements
Development and licence agreements and contracts with developers, so it is clear who owns the IP.
Hi-tech and capital markets
Advice to private and public companies on technology transactions, strategic alliances and securities offerings.
When to get in touch
- You have an idea and a co-founder, and need to decide how to split the shares.
- You have decided to incorporate and want the company registered.
- A first investor has sent a term sheet or investment agreement.
- A new partner or key employee is joining and is meant to receive shares.
- The company is signing its first agreement with a customer, distributor or partner abroad.
How it works
First conversation
A talk about the idea, the founders and your stage, to define what is needed now and what can wait.
Founders agreement
The founders' relationship and share split are agreed, even before the company exists.
Incorporation
Articles that reflect the founders agreement, and registration with the Registrar of Companies.
Fundraising and beyond
Investment agreements, customer contracts and the questions that come up as the company grows.
Liron Segev spent many years as Legal and General Counsel at hi-tech and international companies and served as a director of private and public companies. Besides her law degree she holds a B.A. in business administration with a major in finance, and she has lectured at HUBANANA on the legal aspects of start-up entrepreneurship. A boutique office, with personal attention, in Hebrew and English.
Frequently asked questions
When do we need a founders agreement?
As early as possible, once there is an idea and a co-founder, even if the company will only be incorporated later. It covers the share split, roles and what happens down the road, while agreement is still easy.
How is a founders agreement different from the articles of association?
The founders agreement is a contract between the founders. The articles set the company's rules and can adopt its terms if agreed. Some Companies Law provisions are mandatory; others can be varied in the articles.
What are tag-along and drag-along rights?
A tag-along usually protects a minority shareholder: if another shareholder sells, the minority can join the sale pro rata. A drag-along works the other way: when a major shareholder sells everything and the buyer wants the whole company, the others must sell too, on the agreed terms.
What is needed to incorporate a company in Israel?
Among other things: articles of association, a declaration by the initial shareholders and details of the first directors. The application is filed with the Registrar of Companies. It helps to prepare the founders agreement first, so the articles can reflect it.
Related articles
What a founders agreement covers, and why to sign it early
You have an idea and a partner. A founders agreement settles the share split, roles and board before the company is even formed.
Read moreIsraeli company law for founders: what to know before you incorporate
What the articles of association decide, who decides what in a company, what a director is liable for, and which clauses protect shareholders.
Read more
Other areas of practice
Want to discuss your matter?
Call or use the form, and a time will be set to talk.