Relay

What is Relay?

Relay Relay is an AI-powered tool designed to manage and analyze investment documents and company updates. It can extract key details from emails, offering document management capabilities, a portfolio tracking dashboard, team permissioning, and prioritizes the privacy and security of user data. Relay Relay parses various terms from different types of investment documents and unstructured company updates, providing users with quick data summaries and insights for portfolio management.

Who created Relay?

Relay was created by AngelList. It was launched on July 23, 2023, as an AI-powered tool designed to assist with managing and analyzing investment documents and company updates. The tool allows users to extract key details by simply forwarding an email and offers features such as document management, portfolio tracking dashboard creation, team permissioning, and secure data handling.

Who is Relay for?

• Investment professionals
• Finance Managers
• Portfolio managers
• Venture capitalists
• Financial Analysts
• Investment analysts

How to use Relay?

To use Relay, follow these steps:

1. Key Details Extraction:

   • Forward investment documents or updates to your Relay email address.
   • Relay's AI extracts key details like pay-to-play provisions, revenue metrics, and more.

2. Document Organization:

   • Relay organizes documents by company, year, and month, providing easy access to historical updates.

3. AI Summary:

   • Receive AI summaries of extracted data within five minutes via email.

4. Portfolio Tracking:

   • Utilize Relay's dashboard for tracking structured investment data, generating AI summaries, and monitoring company performance.

5. Team Access:

   • Set up team permissioning to control access levels for internal and external team members.

6. Document Management:

   • Manage various documents like Stock Purchase Agreements (SPAs) and Simple Agreements for Future Equity (SAFEs).

7. Privacy & Security:

   • Relay secures user data, stores it on AWS with encryption, and is compliant with SOC 2 regulations.

8. Company Update Parsing:

   • Parse terms like annual revenue, cash in bank, and more from company updates.

9. Email Handling:

   • Relay accesses emails sent to the Relay email address only, ensuring privacy.

10. Data Confidentiality:

    • Relay ensures data security and confidentiality through AWS services, encryption, and regular vulnerability scans.

By following these steps, you can effectively utilize Relay for managing and analyzing your investment documents and company updates.