Company
BarrelSense is building the first barrel-centric IoT platform for barrel-aged spirits, unlocking unprecedented insights from barrel to bottle through unique technologies. By providing fine-grained data and analytics at the barrel-level, BarrelSense empowers distillers with unprecedented control and visibility into the aging process to elevate quality, consistency, and efficiency.
Challenge
Having just incorporated on AngelList, BarrelSense sought assistance issuing founder equity, managing their cap table, and drafting key agreements, structuring funding, negotiating client contracts, and crafting TOS/privacy policies for their product. They also wanted a consistent law firm that could provide strategic advice every step of the way.
Solution
BarrelSense engaged us as General Counsel on a flat monthly Launch plan to handle their legal needs as a startup. We provided hands-on guidance on known issues and unexpected ones like founder departures. By strategizing extensively with our team, the first-time founders gained invaluable knowledge to establish strong legal, financial, and governance foundations.
Impact
With our consistent legal support, BarrelSense rapidly progressed from launch to pre-seed funding on a solid foundation. As General Counsel from the start, we empowered them to focus on their mission of helping distillers rather than surprise legal bills. By establishing strong legal, financial and governance foundations early on, BarrelSense was positioned to scale their innovative platform rapidly.
