Semeris develops language processing software tailored for the finance sector to review legal documents with high precision. The platform identifies compliance issues and potential risks, significantly decreasing the time and costs associated with legal document analysis.
Funding
$730K raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
QFounders
Product
Problem
Reviewing legal documents in the finance sector is a time-consuming and costly process, particularly when identifying compliance issues and potential risks. Current methods often rely on manual analysis, which is prone to errors and inefficiencies. This can lead to delays in deal closures and increased operational overhead.
Solution
Semeris provides an AI-powered platform designed to streamline the analysis of legal documents for the capital markets. By combining natural language processing (NLP), machine learning, and human-in-the-loop (HITL) curation, Semeris addresses key pain points associated with legal document review. The platform enables users to read, find, compare, and record information within legal documents with greater speed and accuracy. Semeris offers comprehensive market coverage of the European and US CLO markets, providing access to both public and private libraries. HITL-summaries deliver key terms quickly, while Semeris Notes allows users to record findings for future reference.
Target Audience
Semeris targets financial professionals, legal teams, and compliance officers in the capital markets, specifically those involved in CLOs, structured finance, and related asset classes.
Features
- Excel Add-In for seamless integration with existing workflows
- Blacklines feature for identifying changes between document versions
- Document Reader for contextual understanding of deals
- Defined Term Detection for quick identification of key terms
- Datapoints extraction for structured data analysis
- Comprehensive coverage of the European and US CLO market in public and private libraries
- HITL-Summaries providing deal summaries with Human-in-the-Loop curation
- StipTracker for intelligent mapping of stipulations to precise document data points