An Investors Rights Agreement (IRA) is a key financing document (especially in VC preferred stock rounds) that sets out investors’ ongoing rights, commonly including information rights, registration rights, and pro rata participation rights. In a financing closing set, the Investor Rights Agreement works alongside the charter and voting agreement, and the Investor Rights Agreement typically applies to holders above certain ownership thresholds.
Ryan RobertsStartup Lawyer
Ryan Roberts is a startup lawyer with more than two decades of experience advising on venture financings and M&A transactions totaling more than $1 billion. He is the author of the Amazon bestselling startup law book Acceleration.
