What is Relay?
Relay is an AI-powered tool that aids users with the management and analysis of investment documents and company updates. Key details can be extracted by simply forwarding an email. The tool offers document management capabilities and the creation of a portfolio tracking dashboard. Relay also includes team permissioning and access features and respects the privacy and security of user data.
How does Relay extract key details from investment documents?
Relay extracts key details from investment documents and unstructured investor updates through its AI-powered term extraction feature. Users forward emails with these documents and updates to their Relay email address, and the tool automatically parses key details such as pay-to-play provisions, revenue metrics, burn rate, and over 20 other terms.
How does Relay organize my investment documents?
Relay organizes investment documents by company, year, and month. It provides users access to all historical portfolio company updates and investment documents directly in the tool. Users also have the ability to bulk download these documents.
What information does the AI summary include?
The AI summary generated by Relay includes the key data that has been extracted from investment documents and unstructured investor updates.
How quickly can I expect to receive the AI summary of key data?
Users typically receive the AI summary with the key data extracted by Relay via email within less than five minutes.
What is included in Relay's portfolio tracking dashboard?
Relay's portfolio tracking dashboard includes structured investment data, AI summaries, and historical documents from unstructured emails. The dashboard allows users to identify insights, track performance of portfolio companies, and craft investor updates for LPs.
Does Relay offer team permissioning and access?
Yes, Relay does offer team permissioning and access. It ensures that both internal and external team members have access to investment documents and insights. A multi-level team permissioning system allows for different access levels for various team members.
What types of investment documents can Relay handle?
Relay can manage various types of investment documents including Stock Purchase Agreements (SPAs) and Simple Agreements for Future Equity (SAFEs). It supports the parsing of terms related to these documents.
Does Relay provide different pricing plans?
Yes, Relay provides different pricing plans. The base plan, which is free, includes limited parsing capabilities. Higher tiers offer increased parsing limits, unlimited team members, and additional features such as audit support and LP facing updates.
Can I expect Relay to respect my privacy and secure my data?
Yes, Relay respects the privacy of users and secures their data. User Personal Identifiable Information (PII) is managed in accordance with AngelList's privacy policy. Only the emails and documents that are sent to the Relay email address are received by Relay. Data is stored using AWS services, which is encrypted at rest and in transit, and is compliant with SOC 2 regulations.
What types of unstructured company updates can Relay parse?
Relay can parse various terms and data from company updates, such as annual revenue, burn per month, cash in bank, number of customers, and more.
What are the document management capabilities of Relay?
Relay's document management capabilities allow users to access all historical portfolio company updates and investment documents directly in the tool. These documents are organized by company, year, and month, with an option to bulk download.
Can Relay help me track the insights and performance of my portfolio companies?
Yes, Relay aids users in tracking the insights and performance of their portfolio companies. This is done through its portfolio tracking dashboard that combines structured investment data, AI summaries, and historical documents from unstructured emails.
What type of documents can be managed by Relay?
Relay can manage a variety of investment documents. This includes but not limited to Stock Purchase Agreements (SPAs), Simple Agreements for Future Equity (SAFEs), and other related documents.
How many team members can I add in Relay under each pricing plan?
Under the Base pricing plan, Relay allows for two team members. But the Core and higher pricing plans offer unlimited team members.
Does Relay support the parsing of terms related to investment documents?
Yes, Relay supports parsing of terms related to investment documents such as Stock Purchase Agreements (SPAs) and Simple Agreements for Future Equity (SAFEs).
How does Relay handle User Personal Identifiable Information?
Relay handles User Personal Identifiable Information (PII) in accordance with AngelList's privacy policy.
In terms of data storage, what methods does Relay use to ensure security and confidentiality?
Relay uses Amazon Web Services (AWS), such as S3 for object storage and RDS for relational database management to ensure data security and confidentiality. It employs encryption at rest and in transit, access management through IAM roles, regular vulnerability scans, and is SOC 2 compliant.
Does Relay receive all my emails sent to the Relay email address?
Relay only receives the emails and documents that are specifically sent to your Relay email address.
Does using Relay grant AngelList access to all my investment documents?
No, Relay only has access to the emails and documents that users have explicitly sent to the designated Relay email address.