Dashboard
Atlas AI Inc.
52
/ 100
Governance score
At risk
Unanimous approval required for key decisions
Art. 8.3Article 8.3 requires unanimous shareholder approval for any new fundraise, board changes, and strategic pivots. With 3 founders, any one of them can block the company's most critical decisions.
No involuntary leaver clause for COO
Art. 12Sam Brooks' shares are not subject to a good/bad leaver mechanism. If he leaves before vesting is complete, the company cannot buy back his shares at a reduced valuation.
Founding team — Atlas AI Inc.
CEO & Co-Founder
CTO & Co-Founder
COO & Co-Founder
Vesting timeline
Adam
Cliff — January 15, 2024
Fully vested — January 15, 2027
Lina
Cliff — January 15, 2024
Fully vested — January 15, 2027
Sam
Cliff — January 15, 2024
Fully vested — January 15, 2026
Who approves what
New fundraise (Series A+)
UnanimousAny founder can block a raise.
Hire C-level executives
MajorityApprove annual budget
BoardAmend the SHA
UnanimousDeadlock risk if founders disagree.
IP assignment & licensing
SingleRules of your company
Vesting schedule
4 years, 1-year cliff for Reed & Carter. 3 years for Brooks.
Good/bad leaver provisions
Present for Reed & Carter. Missing for Brooks.
Drag-along rights
60% majority can force a sale.
Tag-along rights
Minority shareholders protected in any transfer.
Anti-dilution protection
Not found. Founders are exposed in down rounds.
Unanimous approval clauses
Required for 5 critical decisions — creates deadlock risk.
Non-compete clause
24-month non-compete post-departure.
Deadlock resolution
Mediation mentioned but no binding mechanism defined.
Atlas AI Inc. has a solid vesting structure for two of its three founders, but the unanimous approval requirement across 5 critical decisions is a significant governance risk. The missing anti-dilution clause and incomplete leaver provisions for Sam Brooks are high-priority gaps to address before Series A.