🚀 Now Available: CIM Summary & Private Chatbot by SocraticsAI

by Derek Boman, Co-founder Product & Design at SocraticsAI

Feature Release

Today, SocraticsAI announces the release of groundbreaking new features designed to transform investment banking and private equity deal making processes.

New Features

• Confidential Information Memorandum (CIM) Generator: Generate company summaries in minutes by combining public web content, private documents, and API market data sources. This powerful feature, powered by generative AI technology, includes sections for market analysis, products offered, management team, deal risk factors, and much more.

  
  

• Private Document Chatbot: Engage in confidential conversations with sensitive financial documents without the risk of data leaks. The AI chatbot can answer questions hidden in data room documents or provide strategic guidance based on your specific situation. Your queries are not used for AI training nor are they shared with foundational model creators.

  
  

• Customizable Reporting: Tailor the initial draft of your information memoranda to your firm’s tone, style, and strategic approach using natural language prompts.

  
  

• Comprehensive Footnotes: All claims are clearly footnoted with links back to the appropriate sources for enhanced transparency.

  
  

• Fact-Checking AI: Mitigate inaccuracies and ensure the accuracy of your information memoranda with AI-powered fact-checking technology.

“Our mission is to empower dealmakers with the insights and information they need to navigate complex transactions efficiently and effectively,” said Tim Eun, SocraticsAI CEO. “We've heard from many in our network how difficult the first draft of a CIM is to write. Analysts have even told us they have 'PTSD from having to write them.' These new additions to the SocraticsAI platform leverage the power of AI to automate tasks, uncover valuable data, and streamline the entire deal lifecycle.”

These innovative features address key challenges faced by investment bankers and private equity analysts in M&A transactions and other dealmaking scenarios. By automating tasks, providing access to valuable data, and ensuring confidentiality, the new features empower dealmakers to focus on their core competencies and achieve better outcomes.

To see a full demo of this exciting new functionality, visit socratics.ai/request-demo.

About SocraticsAI

SocraticsAI is a US-based technology company focused on leveraging AI to accelerate execution workflows for investment banking and private equity deal teams. Its employees bring nearly a century of combined experience in financial services, fintech, public accounting, and academia. To learn more, follow us on LinkedIn or visit socratics.ai.