Relay

AngelList Relay is an AI-driven tool that simplifies the management and analysis of investment documents and company updates for users.

With just a quick email forward, Relay can pull out essential information from your investment documents and any unstructured updates from investors. This includes important details like pay-to-play provisions, revenue numbers, burn rates, and much more. You’ll receive a neat AI-generated summary packed with all the extracted data, typically within about five minutes of sending your email.

Relay also serves as a comprehensive document management system. This means you can easily access historical updates and investment documents right within the tool. Everything is neatly organized by company, year, and month, giving you the option to bulk download documents whenever you need.

One of the standout features of Relay is its portfolio tracking dashboard. This dashboard brings together structured investment data, AI summaries, and historical documents sourced from your emails, allowing you to glean insights, monitor the performance of your portfolio companies, and even put together updates for your limited partners (LPs).

For teams, Relay offers customizable permission settings, making sure that relevant team members, whether internal or external, can access the investment documents and vital information they need. The tool allows for different access levels, ensuring that everyone has the right permissions based on their role.

Users have expressed their appreciation for Relay’s ability to turn messy, unstructured data into clear, actionable insights. It helps organize information that often gets lost in crowded email inboxes, making your life a whole lot easier.

Relay features a variety of pricing plans, starting with a free tier that offers limited parsing capabilities. Higher tiers offer more extensive features, such as increased parsing limits, unlimited team members, and benefits like audit support and updates that are tailored for LPs.

This tool is built to handle various types of investment documents, including SPAs and SAFEs, and it supports parsing terms related to those documents. Additionally, Relay can extract key data from company updates, including annual revenue, monthly burn rates, cash on hand, the number of customers, and more.

When it comes to user privacy, Relay operates under AngelList's strict privacy policy. It only processes the emails and documents you send to the Relay email address. Your data is stored securely using AWS services and is encrypted both at rest and in transit, meeting SOC 2 compliance standards.