KISS (Keep It Simple Security) is a standardized early-stage financing instrument created by 500 Global (formerly 500 Startups) that functions similarly to a convertible note or SAFE, converting into equity in a future priced round under defined terms. In seed financings, KISS can be used to raise money quickly with lighter documentation, and KISS instruments typically include conversion mechanics such as a valuation cap and/or discount.
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.
