Extract key details from investment documents and company updates with AngelList Relay. Transform unstructured data from your inbox into an organized dashboard by simply forwarding an email.
AI-powered term extraction
Forward investment documents and unstructured investor updates from your portfolio companies to your Relay email address. Relay automatically extracts key details such as pay-to-play provisions, revenue metrics, burn rate, and 24+ other terms as structured data. Receive an AI summary with key data via email in less than 5 minutes.
Access all of your historical portfolio company updates and investment documents like SPAs, SAFEs, and 14+ others directly in Relay. Documents are organized by company and then by year and month – including the ability to bulk download.
Portfolio tracking dashboard
Relay creates a unified dashboard of structured investment data, AI summaries, and historical documents from your unstructured emails, on a fund and 1:1 company level. Creating the ability to identify insights, track performance of portfolio companies, and craft investor updates for LPs.
Team permissioning & access
Ensure all team members, both within your firm and your external partners, have access to investment documents and key insights from Relay. Full dashboard access allows relevant stakeholders to access Relay's portfolio dashboard, summaries, and documents.
Remove the manual process from managing portfolio company updates and investment documents
AI SummaryEmailed within 5 minutes and added to your dashboard
27+ TermsParsed from company updates and investment documents
Team AccessMulti-level team permissioning
Automated DashboardFund and company level insights
Relay provides us value by transforming unstructured data, which would have otherwise been buried in our email inboxes, into a clear, actionable overview.
—Paul Irving, Principal & Platform Director at GTMfund
need to know
Relay can programmatically review, store, and organize any of the documents below, provided the document includes the company’s legal name, fund’s legal name, and is in a DOCX or PDF format.
These documents include: board consents, certificates of incorporation, convertible notes, participation notices, pro rata side letters, rights agreements, rights offerings, SAFEs, stock purchase agreements, stock transfer agreements, token warrants, voting agreements, wire instructions, investor rights agreement, certificate of incorporation, and right of refusal.
Note: Relay can parse document attachments and any text stored in the body of an email. However, when content cannot be associated with a portfolio company on your dashboard, it will still be accessible but will be stored in the “Unsorted” section.
Currently, Relay will parse Stock Purchase Agreements (SPAs) and SAFEs and will count those documents towards the investment docs parsed per month limit.
Relay currently has the ability to parse terms from Stock Purchase Agreements and SAFEs. Relay can programmatically parse the below terms:
Stock Purchase Agreements: Company name, investment date, investment type, pay-to-play provisions, round, valuation amount and currency, valuation type (pre-money/post-money), your fund’s total shares, purchase price, and currency (if applicable)
SAFEs: Company name, discount (if any), investor name, investment amount and currency, investment date, investment type, pro rata rights, round, valuation cap and currency, valuation type (pre-money/post-money)
Relay can parse any company update found in an email body, in DOCX format, or PDF format. Relay can programmatically parse different terms and data including:
Annual revenue, revenue currency, burn per month, cash in bank, number of customers, whether or not the company is raising a new round, the description of the new round that the company is raising, a summary of the business updates, and a summary of the product updates.
No, Relay only receives the emails and documents that are sent to your Relay email address.
AngelList uses AWS with services like S3 for object storage and RDS for relational database management. AngelList also employs encryption at rest and in transit, access management through IAM roles, regular vulnerability scans, and is SOC 2 compliant.