Free AI Term Sheet Generator Online
Make Term Sheets, Edit Online with AI-Powered Editor
Template.net’s Free AI Term Sheet Generator turns your funding, partnership, or acquisition details into a clear, structured document. Whether you’re raising capital, forming a joint venture, or advising on a merger, AI generates industry-aligned language with standard clauses—ready to edit, download, or share.

Create Custom Editable Term Sheets For Free
Everything you need to draft, structure, and finalize term sheets—clearly written, editable, and tailored to your deal needs.
Prompt-Based Term Sheet Generation
Enter your deal details via text or voice—such as “$500,000 investment in a SaaS startup using a convertible note”—and the AI generates a complete term sheet draft, including standard headings and sections tailored to your prompt.
Auto-Generated Legal Structure and Sections
The AI includes all core sections—such as Investment Terms, Pro-rata Rights, Liquidation Preferences, Board Representation, Vesting Schedules, and more—formatted to legal standards and adaptable to your chosen tone and deal structure.
Smart Input Fields and Autofill Accuracy
Dynamic input fields make it easy to update variables like party names, investment amounts, equity percentages, and jurisdiction. Edits made to these values automatically sync across the document, minimizing manual error.
Drag-and-Drop Clause Reordering
Use the intuitive editor to rearrange sections such as “Use of Proceeds,” “Closing Conditions,” or “Governing Law.” The drag-and-drop functionality is perfect for customizing the flow of negotiations or adapting drafts for specific investors.
AI Rewriting, Tone Control, and Legal Clarity
Refine formal language using built-in AI-powered rewording tools. Whether you want to soften aggressive phrasing or add clarity to complex clauses, you can instantly adjust tone and readability across the document.
Clause Library and Insertable Legal Provisions
Browse a library of common legal clauses—confidentiality, non-binding intent, protective provisions, and more—and insert them directly into your draft. Customize or replace standard language as needed to reflect your deal preferences.
Branding, Formatting, and Layout Customization
Add company logos, choose professional fonts, and apply your brand’s color scheme to headers or section dividers. Adjust spacing, margins, and legal formatting to meet law firm or investor presentation standards.
Collaboration, Commenting, and Review Tools
Share drafts with partners, clients, or legal teams for real-time review. Leave comments, highlight terms, or suggest revisions inside the editor—ideal for accelerating internal approvals and investor feedback cycles.
Version Control and Secure Cloud Workspace
Every draft is automatically saved in your Template.net account with version tracking. You can duplicate, revert, or organize term sheets by client name, date, or deal stage—ensuring everything stays clear, searchable, and secure.

How to Generate a Free AI Term Sheet in 3 Easy Steps
Use Template.net’s Free AI Term Sheet Generator to create structured legal drafts in seconds—no sign-up needed. Input your deal info, choose formatting, and download instantly.
Step 1: Enter Deal Details via Prompt
Use a voice or text input like: “Seed investment term sheet for a $750K SAFE with 15% discount and 2-year founder vesting.”
Step 2: Customize Structure and Clause Options
Review the AI draft, select your clause preferences (e.g., liquidation multiple, governance terms), and apply formatting or tone adjustments.
Step 3: Download, Share, or Collaborate
Export your term sheet in DOCX, PDF, or TXT. Share with legal teams or partners, or store versions for review and revision.
Turn Complex Deal Terms Into Clear Legal Drafts
Accelerate Legal Document Preparation
Skip hours of formatting. Generate professional drafts instantly, freeing up legal and business teams to focus on negotiation strategy.
Perfect for Startups, VCs, and Advisors
Whether you're raising capital, investing, or structuring partnerships, this tool adapts to your goals—providing a scalable foundation for every deal type.
Repurpose and Reuse Across Deals
Turn one draft into multiple variations. Adapt a single base term sheet for similar investments, mergers, or partnership scenarios with minimal effort.
Accessible to Legal Teams and Non-Lawyers Alike
No law degree needed. Entrepreneurs, analysts, and junior professionals can use AI to generate and understand term sheet structures and key clauses.
Term Sheet FAQ
What is a term sheet?
A term sheet is a non-binding document that outlines the key terms and conditions of a business agreement, commonly used in startup investments, mergers, or joint ventures.
How does the AI Term Sheet Generator work?
You enter key information—such as investor details, funding amount, or board rights—and the AI produces a professionally formatted, clause-by-clause draft ready for review or editing.
What types of term sheets can I create?
You can generate investment term sheets, SAFE notes, convertible notes, M&A drafts, joint venture outlines, partnership terms, and other early-stage deal structures.
Can I customize the format and branding?
Yes. You can upload your logo, apply fonts and brand colors, and adjust spacing, layout, or section breaks to suit legal firm or startup branding standards.
Does it support multiple languages?
Yes. Prompts are supported in 20+ languages including English, Spanish, Hindi, Chinese, Arabic, French, Portuguese, German, Japanese, and Russian. All outputs follow English legal formatting.
Can I use a template instead of starting from scratch?
Absolutely. Choose from our template library of editable term sheets for investments, partnerships, and M&A scenarios—pre-structured for quick customization.
Is the AI Term Sheet Generator free to use?
Yes. Template.net’s AI Term Sheet Generator is 100% free. You can generate, edit, and download as many term sheets as needed without signing up or paying.