StartMy vs SeedLegals
"Great for funding, overkill for starting."
myLO's Verdict
AI Analysis
Simplicity: We are focused purely on Day 0-1.
The Insider Reality
""If you are raising £1m VC funding tomorrow, go to SeedLegals. If you are starting a coffee shop, agency, or consultancy, they are way too complex and expensive for you.""
The Context
SeedLegals has revolutionised the funding landscape for high-growth tech startups. If you are issuing options pools, negotiating term sheets, and closing a Series A round, they are the undisputed market leader. However, for 99% of UK businesses—agencies, cafes, trades, shops—their platform is over-engineered.
The Why
Subscription costs on SeedLegals are significant because they cover complex legal maintenance. But a freelance graphic designer or a mobile coffee van does not need an "Advanced Option Scheme" or "SEIS/EIS Advance Assurance" on Day 1. StartMy is optimised for "Standard" businesses. We focus on the simple, essential legal structures that allow you to trade legally without weighing you down with complex equity management tools that you may never need.
The Verdict
StartMy is for the Business Owner; SeedLegals is for the Tech Founder raising venture capital. If you don't plan to pitch to Dragons' Den, StartMy is likely the faster, cheaper, and more appropriate choice for your needs.
Feature Showdown
Head to head