Relay—smart portfolio management

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 the document is in a DOCX or PDF format.

Supported 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 agreements, and right of refusals.

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.

Relay currently parses the following terms from the indicated document types.

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)COIs: Company name, state of registration, authorized shares, share class, amount of shares you hold, designations, preferences, rights, limitations

IRAs: Company name, pro rata rights, whether or not pro rata rights require major investor status, information rights, information rights, cap table information rights, quarterly and annual financial statements information rights, whether major investor status is required for financial statements/budgeting/plans, inspection rights, whether major investor status is required for inspection rights, IPO lock up period (if any).

Relay can parse the following terms from any company update found in an email body, in DOCX format, or PDF format:

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.

User Personal Identifiable Information (PII) is managed in accordance with our Privacy Policy.

If you enable Relay email sync, you are authorizing AngelList Relay to access your entire inbox to scan for potentially pertinent emails and parse the contents (and any attachments) of those emails. The parsed information will then be imported to your AngelList Relay account. You may revoke this access at any time.

AngelList Relay will not share your legal documents or the information contained within those documents with other investors.

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.

AngelList will not use your data for any purpose other than providing you the Relay services and as described in our privacy policy.