Most startups do, for the specific people they share secrets with, such as cofounders, employees, contractors, and some partners. You don't need one for everyone you talk to, and you generally can't get one from pitch-stage investors. Think of it as a tool for protecting defined confidential information in your real working relationships, not blanket coverage.

Startup NDA template
Use this startup NDA template when discussing your business with investors, advisors, contractors, or potential partners. Edit, sign, and download in Word or PDF.

About This NDA
Who a startup actually needs an NDA for
The useful way to think about a startup NDA is to start with one question: who do you share real secrets with? Those are the people worth getting a signature from — not everyone you meet.
For most early-stage companies, that list is short and concrete. Here's who tends to sign, what kind of NDA fits, and whether you can usually expect a yes.
A cofounder relationship is mutual because you're both putting cards on the table. An employee or contractor is usually one-way, so you're the one sharing confidential information, and you want it to stay confidential. A partner conversation depends on whether secrets flow both directions.
If you're still deciding whether you even need an agreement for a given conversation, it helps to first be clear on what an NDA is and what it actually covers. The short version: it protects defined confidential information.
Why investors usually will not sign an NDA
Investors see a lot of deal flow, and many of those pitches overlap. Signing an NDA with every founder would expose them to conflict claims when a similar company crosses their desk next month. So most early-stage investors decline NDAs at the pitch stage as a matter of practice.
The practical takeaway: at the pitch stage, your protection comes from what you choose to disclose, not from a signature.
Later-stage rounds and formal due diligence can be different. Once you're in a data room with signed term sheets in motion, confidentiality terms often do appear. If an investor relationship is moving toward that stage, it's a reasonable thing to raise.
Mutual or one-way for a startup NDA
Most startup NDAs fall into one of two shapes, and the right one usually follows the relationship.
Mutual NDAs cover both sides. Use one when secrets flow in both directions, i.e., a cofounder discussion, or a partner exploration where you're each revealing something. If that's your situation, reach for a mutual NDA.
One-way NDAs cover a single disclosing party. Use one when only you are sharing. e.g., a contractor who's seeing your codebase, a new hire reading internal docs. For those, a one-way NDA is the cleaner fit.
A quick rule of thumb: cofounders and partners tend to be mutual; contractors and employees tend to be one-way. It's not a hard binary, though. When in doubt, a mutual agreement rarely hurts and saves you a second conversation.
What a startup NDA should include
A solid startup NDA doesn't need to be long. It needs to be clear on a handful of points. Here's what to look for, one plain line each covered in a startup NDA template.
- The parties. Name who's bound — the company and the individual or business on the other side.
- Definition of confidential information. Spell out what counts as confidential, so the agreement covers something specific rather than "everything we ever discuss".
- Permitted use. State what the receiving party may do with the information. Uusually, only what's needed for the working relationship.
- Exclusions. Carve out what isn't covered: information that's already public, independently developed, or rightfully received elsewhere.
- Term. Set how long the confidentiality obligation lasts. Many startup NDAs run for a fixed number of years after signing; choose a term that matches how long the information stays sensitive.
- Return or destroy. Say what happens to the information when the relationship ends.
Signatures close it out. If you want to see how these pieces fit together in a complete document, the full NDA template lays them out in order.
An NDA is not an IP assignment
Here's a distinction that trips up a lot of founders, and it's worth getting right before you send anything.
An NDA says the other side won't disclose your confidential information. It does not say who owns the code, designs, or content a contractor or employee produces. That ownership question is handled by IP-assignment terms. These usually live in a separate contractor or employment agreement, not in the NDA.
So a startup often needs both: an NDA to keep the conversation confidential, and IP-assignment language to make sure the work product belongs to the company. Treating the NDA as if it covers ownership is a common and expensive mistake.
Create your startup NDA in minutes
Once you know who you're sending to and which type you need, the document itself is quick. The CreateMyNDA generator walks you through it.
- Pick mutual or one-way based on whether secrets flow both directions.
- Name the parties — your company and the counterparty.
- Define what's confidential and set the term.
- Customise, review, and download your NDA as a PDF or Word file, ready to send.
That's it — no template hunting, no copy-pasting clauses from a forum.
Adapting the startup NDA for complex situations
Generated templates cover most everyday startup situations. But some warrant a professional eye: a fundraise with confidentiality terms attached, an IP-heavy deal, or a cross-border partner where another country's law applies.
In the US, statutes like the Defend Trade Secrets Act give trade-secret owners a civil claim for misappropriation, but how that interacts with your specific agreement is exactly the kind of question to ask a professional. For anything high-stakes, consult a qualified attorney before you rely on the document.
FAQ
Usually not, at least at the pitch stage. Investors see overlapping deals constantly, so signing NDAs would expose them to conflict claims, and most decline as standard practice. Later stages and formal due diligence can be different, where confidentiality terms sometimes do appear. At the pitch stage, protect yourself by being deliberate about what you disclose.
It depends on whether secrets flow both ways. Cofounder and partner conversations tend to be mutual, because each side is sharing something. Contractor and employee disclosures tend to be one-way, because only you are sharing. When you're unsure, a mutual NDA is a safe default.
At minimum: the parties, a definition of confidential information, permitted use, exclusions, a term, return-or-destroy instructions, and signatures. The definition and exclusions matter most, as they decide what the agreement actually covers. A clear, focused NDA beats a long, vague one.
Not exactly. An NDA protects defined confidential information that you've identified in the agreement, not a raw idea on its own. It also doesn't decide who owns the resulting work — that's IP assignment, a separate matter. To cover both, startups usually pair an NDA with IP-assignment terms in their contractor or employment agreements.
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