Tool details
Relay: An Essential AI Tool for Managing Investment Documents and Company Updates
Relay, an innovative AI-powered tool by AngelList, is a game-changer when it comes to efficiently managing and analyzing investment documents and company updates. With its advanced capabilities, Relay simplifies the process by extracting key details from investment documents and unstructured investor updates.
Key Features:
- Automated Data Extraction: Simply forward an email, and Relay will swiftly extract crucial information like pay-to-play provisions, revenue metrics, burn rate, and more.
- AI Summaries: Users receive an email summarizing the extracted data within just five minutes, enabling them to quickly gain insights without sifting through long documents.
- Document Management: Relay offers document management capabilities, allowing users to easily access all historical portfolio company updates and investment documents directly in the tool.
- Efficient Organization: Documents are meticulously organized by company, year, and month, with the convenience of bulk downloading.
- Portfolio Tracking Dashboard: By combining structured investment data, AI summaries, and historical documents, Relay provides an intuitive dashboard for tracking portfolio company performance, identifying insights, and crafting investor updates.
- Team Permissioning and Access: Relay ensures relevant stakeholders, both internal and external, have access to investment documents and key insights with its multi-level team permissioning feature.
Use Cases:
Relay is an invaluable tool for:
- VC Firms: Efficiently manage numerous investment documents and stay on top of portfolio company updates.
- Startups: Easily prepare insightful investor updates and keep crucial information organized.
- Finance Professionals: Streamline the analysis of investment documents and gain meaningful insights faster.
Relay offers pricing plans tailored to different needs, starting with a free tier that includes limited parsing capabilities. Higher tiers provide increased parsing limits, unlimited team members, and additional features such as audit support and LP facing updates.
All personal identifiable information (PII) is managed in accordance with AngelList's privacy policy. Relay only receives emails and documents sent to its designated email address. Data is securely stored using AWS services, encrypted at rest and in transit, and compliant with SOC 2 regulations.