Samaritan: Helping a Pre-Seed Company Improve Corporate Governance

Company

Samaritan is a support platform empowering people experiencing homelessness to move forward. They provide the social and financial resources needed to rebuild hope and achieve housing goals. By meeting essential needs, Samaritan helps individuals on the journey to secure and maintain stable housing.

Challenge

Though operating for seven years, Samaritan had yet to establish a strong legal foundation when we first engaged. After closing their first VC-funded round, a key condition was getting legal affairs in order.

Solution

Samaritan engaged us as General Counsel on a Launch plan to establish their legal foundation. We strategized with their team and investor counsel to create a prioritized list of legal tasks to catch up from years of under-investment. Our counsel enabled Samaritan to upgrade their corporate governance and agreements to better fit their growth stage.

Impact

Within months, we resolved all prioritized issues to establish a solid legal foundation. We continue to work with Samaritan to stay legally on track amid growth. Having addressed years of neglected legal needs, Samaritan can now focus resources on their mission of empowering people experiencing homelessness.

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