Relay

Introducing AngelList Relay, the cutting-edge AI tool revolutionizing the way users manage and analyze investment documents and company updates. By simply forwarding an email, Relay swiftly extracts vital details from investment documents and unstructured investor updates. Say goodbye to endless scrolling through emails for key information - Relay effortlessly uncovers pay-to-play provisions, revenue metrics, burn rate, and more. Users can expect an AI-generated summary with the extracted data delivered straight to their inbox in just five minutes. With Relay's document management capabilities, users can conveniently access all past portfolio company updates and investment documents directly within the tool. Documents are neatly organized by company, year, and month, with the option to bulk download them for quick reference. What sets Relay apart is its portfolio tracking dashboard, combining structured investment data, AI summaries, and historical documents from emails. This feature empowers users to spot valuable insights, monitor portfolio company performance, and craft compelling investor updates for LPs. Team permissioning and access features are seamlessly integrated into Relay, ensuring that all relevant stakeholders - internal and external - have the necessary access to investment documents and key insights. The tool offers multi-level team permissioning, allowing different team members varying levels of access. The transformative power of Relay lies in its ability to transform unstructured data into a concise, actionable overview, streamlining information that would otherwise be buried in email inboxes. Starting with a free tier offering limited parsing capabilities, Relay also provides higher tiers with increased parsing limits, unlimited team members, and bonus features like audit support and LP facing updates. From SPAs to SAFEs, Relay is equipped to handle a wide range of investment documents and currently supports parsing terms related to these documents. Additionally, the tool can extract various terms and data from company updates, including annual revenue, burn per month, cash in bank, number of customers, and more. Rest assured, user Personal Identifiable Information (PII) is handled in strict accordance with AngelList's privacy policy. Relay solely receives emails and documents sent to the Relay email address. Data is securely stored using AWS services, encrypted at rest and in transit, and fully compliant with SOC 2 regulations.