Set up application and subscription forms | Covercy

Fundraising

Set up application and subscription forms

Set up the NDA and subscription agreement templates investors sign in your fundraise — pick, create, or clone each template, choose its merge fields, and control where investors sign.

By the end of this guide you'll have set up the agreements investors sign as they move through your fundraise: an optional NDA they sign on the investor landing page before protected deal content is revealed, and the subscription agreement they sign to commit. You'll know how to choose, create, clone, and reuse each template, which merge fields each type can carry, and where investors encounter them.

Note

Setting up fundraise agreements is a GP task. You need access to your firm's workspace and to the fundraise you're setting up, and the holding and its share classes should already exist. Agreement templates are scoped to a holding, so set them up on the holding you're raising for. If an action is unavailable, ask a workspace admin to grant you access.

The two agreement types and where you set them up

Covercy One uses two kinds of agreement template in a fundraise, and you set each one up in a different place:

NDA — an optional confidentiality agreement an investor signs on the investor landing page before the content you've protected is revealed. You set it up under Setup → Investor Flow on the Opportunity step.
Subscription agreement — the agreement an investor signs to subscribe to the offering, presented at the signing step of the investment flow. You set it up under Setup → Agreements.

Note

Both agreement types use the same shared template picker, which always offers three actions: choose an existing template of that type for the current holding, create a new one, or clone one of the same type from another holding. Whichever route you take, the template you create or clone appears in the list and becomes the active selection without a manual page refresh. When both pickers sit on the same page, each one only reacts to its own template type, so creating a subscription template never changes your NDA selection.

Related articles

What's the difference between the NDA and the subscription agreement?: The NDA is an optional confidentiality agreement an investor signs on the landing page to unlock the deal content you've protected. The subscription agreement is what an investor signs during the investment flow to subscribe to the offering. You set up the NDA under Setup → Investor Flow on the Opportunity step, and the subscription agreement under Setup → Agreements.
Can I reuse a template across fundraises and holdings?: Yes. The picker for both NDAs and subscription agreements lets you choose any existing template of that type for the current holding, or clone a template of the same type from another holding. A template you create or clone appears in your list and becomes the active selection without a page refresh.
Do I have to require an NDA?: No. The NDA is optional. With deal access left open, investors see all landing page content without signing anything, and the shield toggles that mark content as protected aren't shown. Turn on Require NDA only when you want to gate selected sections, fields, or documents behind a signed confidentiality agreement.
Which merge fields can I put on an NDA template?: Only the fields that are known at NDA-signing time: Asset Name, Company Name, GP Email, GP Name, Investing Entity Name, Investor Email, Investor Name, and Organization Name. Amount, commitment, and unit fields aren't offered on new NDA templates, because there's no commitment yet when the NDA is signed. Subscription agreement templates offer the full set.
Why are the unit merge fields missing, or blank on a signed agreement?: The template editor offers unit fields when at least one share class in the holding is unitized; if no class is unitized, the fields aren't offered. When they are placed on a template, their values come from the share class the investor signs for — a unitized class fills them in, and a non-unitized class leaves them blank rather than printing 0.
Why can't I delete an NDA template?: Covercy One blocks deleting an NDA template that an active fundraise still requires, so no fundraise is left requiring an NDA with no template linked. The dialog lists the active fundraises and share classes using it. Change those to Open Access or select a different NDA template, then delete it. Templates required only by completed fundraises can be deleted, and subscription templates aren't subject to this check.
Does signing the NDA add the prospect to my pipeline?: Yes. When a prospect signs the NDA on your landing page, Covercy One creates an opportunity for them from the contact details they gave, at the earliest pipeline stage, and tags the contact Inbound. If an opportunity is already linked to that invitation — for example from an accreditation gate — no second one is created.