Press Release
Press Release
Press Contacts: Erik Cummins, Matt Hyams, Olivia Thomas
11.11.20
Pillsbury’s Technology Industry group today unveiled Pillsbury Propel, an online resource providing free customizable legal documents and authoritative guidance tailored to emerging growth companies. Propel offers users complimentary access to bespoke incorporation packages, advisory and consulting agreements and employee hiring contracts, along with practical and forward-looking advice for every stage of a startup’s life cycle. The site can be accessed by visiting pillsburypropel.com.
Propel provides startups a way to begin sorting through the clutter of building a business at no cost and on their own schedule. Developed by a diverse group of leading Emerging Growth and Technology Industry lawyers, the site leverages Pillsbury’s extensive capabilities to provide 24/7 access to thoroughly vetted, jurisdiction-agnostic startup documents, critical business knowledge and market-tested experience.
In addition to Propel’s free, full-featured document generator and library of first-hand startup perspectives, the website includes an integrated glossary that defines the terms every founder needs to understand. It also presents success stories from current and past Pillsbury emerging growth clients like UrbanStems, Cloud9 and Clean Choice Energy.
“Careful deployment of resources is vital during times of economic volatility, but necessity breeds invention,” said Technology Industry Group leader Justin Hovey. “Especially at a time when capital may be limited and in-person meetings are less than ideal, we believe Propel will dramatically ease the burden for founders and help foster innovation, advance startup strategies and accelerate growth.”
From operating esports leagues to supplying clean energy to delivering stem cell research solutions, Pillsbury has a lengthy track record of helping startup clients take groundbreaking ideas from concept to company. The firm has recently advised online-learning platform Coursera in a $130 million Series F funding round and is representing longtime emerging growth client Inphi in its pending sale to Marvell Technology Group, a deal estimated to be valued at $10 billion. Pillsbury lawyers are trusted partners to emerging companies of all stripes, experienced in identifying opportunities, raising capital and guiding businesses through everything from formation and financing to corporate governance, technology transactions, acquisitions and public offerings.
With more than 250 lawyers based in the U.S., Europe and Asia, Pillsbury’s Technology & Media team serves technology sector clients throughout their life cycle and around the globe. The firm’s lawyers have taken shoestring startups to market-leading positions, representing clients across the range of size, stage and scope: entrepreneurs, startups, seed and angel venture funds, growing private companies, mid-market entities and large global companies. For more information on Pillsbury’s Technology industry capabilities, visit our webpage.