AngelList Relay, powered by AI, serves as a cutting-edge solution for efficient investment document and company update management and analysis. Its operation is incredibly streamlined: users can effortlessly forward emails, and Relay will deftly extract essential details from investment documents and previously unstructured investor updates.
This wealth of information includes crucial data points like pay-to-play provisions, revenue metrics, burn rates, and much more. Users can expect to receive an AI-generated summary, featuring the extracted data, delivered straight to their inbox in a matter of minutes.
The utility of Relay extends to comprehensive document management, enabling users to access all historical portfolio company updates and investment documents right from within the tool. These documents are systematically organized by company, year, and month, offering the convenience of bulk downloads for swift retrieval.
The tool further enhances its value proposition by creating a portfolio tracking dashboard. This dashboard amalgamates structured investment data, AI summaries, and historical documents derived from emails. This amalgamation empowers users to glean actionable insights, monitor the performance of portfolio companies, and craft investor updates for limited partners.
Relay takes security and access control seriously, incorporating team permissioning features. These features guarantee that pertinent stakeholders, both internal and external, enjoy access to investment documents and crucial insights. The tool also supports multi-level team permissioning, granting varying levels of access to different team members based on their roles and responsibilities.
The transformative ability of Relay to distill unstructured data into a lucid and actionable overview has garnered acclaim from users. It’s lauded for its proficiency in organizing information that would otherwise be buried within email inboxes.
Relay offers flexible pricing plans to cater to diverse needs. These plans commence with a free tier, encompassing parsing capabilities with certain limitations, and progress to higher tiers offering enhanced parsing limits, unlimited team members, and additional features such as audit support and LP-facing updates.
When it comes to document handling, Relay has a versatile scope, accommodating various investment documents, including SPAs and SAFEs. It boasts the ability to parse an array of terms and data from company updates, encompassing parameters like annual revenue, monthly burn rate, cash in the bank, customer counts, and more.
In alignment with AngelList’s privacy policy, Relay meticulously manages user Personally Identifiable Information (PII). It receives only the emails and documents forwarded to the Relay email address. Data is stored with the utmost security, utilizing AWS services, implementing encryption at rest and in transit, and adhering to SOC 2 compliance regulations.