Analyzing early-stage financing documents 85% faster for Presidio Legal
Presidio Legal’s lawyers analyzed every early-stage financing document by hand. Felvin AI built a GPT-4 tool that does the analysis in minutes and cut the time it takes by 85%.
Less time to analyze early-stage financing documents
One of the first teams to launch an AI no-code tool builder.
About the client
Presidio Legal is a US law firm that works with startups and the investors who fund them. Much of that work is financing, and every round comes with its own set of corporate documents.
The challenge
A lawyer has to read and analyze each financing document before advising the client on it. Done by hand, that analysis is slow, and a manual review is only as good as the reviewer’s attention that day.
Presidio Legal wanted the analysis faster and more accurate, with fewer errors from manual review.
The solution
Felvin AI trained a model to analyze legal and financial documents and built it into a web application on OpenAI’s GPT-4.
Lawyers give it a corporate financing document and get the analysis back in minutes. They review that analysis instead of building it from scratch.
Impact
85% less analysis time
The time it takes to analyze an early-stage financing document fell by 85%. That time goes back to the part clients pay a law firm for, which is judgment on the terms.
