About
Sunhat

Company size
Funding
Head office
Website
https://www.getsunhat.com/deChallenge
While Sunhat was ready to grow into new dimensions with its product, the existing contracts, processes and legal structures had grown historically and were not optimally prepared for scaling and external requirements. The challenge: Create a legally clean, scalable foundation that not only ensures compliance but also accelerates future due diligence processes and negotiations with investors.
“Paxa has helped us achieve investor readiness with revised contract structures, compliance checks and full transparency for the next round of financing. ” - Alexander Behr, CPO
Solution
We provided Sunhat with holistic support, focusing in particular on three core areas:
- Healthy contract framework & negotiation security
- Drafting of all SaaS contracts including Master Service Agreement (MSA) and Service Level Agreement (SLA): Revision of form and content, new contract documentation that is up to date.
- Partner contracts reviewed, renegotiated and standardized for fewer points of friction and a clear distribution of risks.
- AI risk management & data topics integrated to meet regulatory developments (e.g. EU AI Act) at an early stage.
- Sales cycle processes optimized
- Contract drafting & review seamlessly integrated into the sales process.
- Standardised workflows for contract signing & management have been established with a view to subsequent integration into Sunhat's software landscape for maximum automation.
- Financing round readiness
- Assistance in responding to due diligence catalogs.
- Establishment of a covenant management system to efficiently implement investor requirements.
- Ensuring that all legal structures meet the requirements of future investors.
Results
By working with us, Sunhat was able to optimally prepare for the Series A financing round.
- Investor readiness achieved: all relevant contract and compliance issues are now set up in a transparent and investor-friendly manner.
- Sales cycle times reduced: standardized contracts and processes enable faster transactions and fewer inquiries.
- Minimized legal risks: particularly in the area of data & AI compliance.
- A scalable foundation for growth has been created: from partner contracts to future financing rounds.
In short: Sunhat is now not only compliant, but also ready to scale.