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A SAFE or a Simple Agreement for Future Equity is a convertible note which acts as an agreement between your company and an investor. SAFE stands for Simple Agreement for Future Equity.Simple Agreements for Future Equity, known as "SAFEs," are a popular financing tool for seed and earlystage companies. A Simple Agreement for Future Equity. Because a SAFE does not involve full negotiations over the valuation of the company,. A SAFE Agreement allows more accessible funding for startups and a chance to offer cheaper shares to investors. Get your SAFE from 360 Legal Forms now. A safe is a Simple Agreement for Future Equity. A SAFE or safe stands for a "simple agreement for future equity". A SAFE is a warrant to purchase stock in a future priced round.