Short answer: August Kiles says funds sync a data room and Emblem indexes every file, then offers search within and across deals, reports exported to Word, PowerPoint and Excel, financial model building and financial data extraction.
Watch this answer from Episode 31 (starts at 4:04) · Episode 31 notes and transcript
From Episode 31: How AI Is Replacing 100-Hour Due Diligence (Claude 4.6, Private Equity, and Emblem), starting at 4:04.
August Kiles [4:03]: Yeah. So I think our landing page here says it really succinctly, the last platform investors will ever need. So our goal is to be kind of a one stop shop for anybody working in capital, growth equity, private equity, family offices, that sort of thing. And so we help you track deals for the whole life cycle of your fund. Starting the second that you get a data room in the door, you sync it with Emblem, we index all your files, and then there's a whole host of different features that allow people to just speed up the things they do and do them more accurately and better to free up your time for other things. So in the diligence process, we have great search tools, that dive into single deals and also compare, multiple deals, anything that's ever been uploaded into Emblem. We have report generation that can automatically export into Word, PowerPoint, and Excel. We help build financial models. We accurately extract, all the financial data from your data rooms and everything like that. And there's a whole host of UI features built on top of all of that to make the, ease of use as, significant as possible.
August Kiles [5:15]: So that's kind of a general overview. And then the cool thing is that, the space of the funds investing in different sectors and different stages, there's so many different things that people need. And so, what's really cool about something like what you guys just built is it's something that could be useful to, definitely like a large portion of our, potential customers out there. And there's kind of this constant, flywheel of we need to keep building the next thing in order to keep winning over these markets because there is such variety in, the workflows that people are doing and, what they personally can benefit from, and it's so easy to build new features these days that we could ship stuff kind of on demand for people as needed.
Jordan Metzner [6:06]: That's really awesome. So, tell us just a little bit of like, I mean, obviously the whole product is based on AI, so I presume like without AI, the product wouldn't even exist maybe.
August Kiles [6:14]: 100%, yeah.
Jordan Metzner [6:15]: So it's almost like, what could you do with AI that you couldn't do before? But I guess, like, literally everything here, right? I mean, like So, I guess, maybe take us from, like, the old way to the new way using Emblem. I guess, previously, like, all these were stored in, I guess, like, separate silos of datasets. Right?
