Apr 9, 2024

AI-Powered Analyst for Investment Firms AI-Powered Analyst for Investment Firms ProSights is an AI-powered analyst for investment firms. We use LLMs to automate daily tasks like sourcing, deal tracking, and due diligence. ProSights Justin Wu Justin is a co-founder of ProSights. Previously, he worked in consumer tech PE / growth equity at Permira, PE at BayPine Capital, and investment banking at Citi. Justin studied economics at Harvard. Justin Wu Aaron Guo Aaron is a co-founder of ProSights. Previously, he worked in consumer tech PE / growth equity at Permira and before that in technology investment banking at Goldman Sachs. Aaron studied economics at UChicago. Aaron Guo Howard Zhong Howard is a co-founder of ProSights. He studied CS and Math in his undergrad and CS in his masters at MIT. He previously worked in quant trading at Jane Street, software engineering at Apple, and research at MIT-IBM Watson AI Lab and MIT CSAIL. Before ProSights, Howard was doing his PhD in AI/ML at Princeton. Howard Zhong TL;DR: ProSights is building an AI-powered analyst for investment firms. We use LLMs to harness all your data sources so you can seamlessly track portfolio companies, automate tedious daily tasks, and receive alerts about new companies taking off. Problem: Sample toolkit of investment firm Private equity firms evaluate hundreds of deals annually, while VC firms track thousands of companies. Many investment opportunities slip through the cracks due to poor coverage. Investment firms sit on a treasure trove of data (investor presentations, company financials, external data sources) that’s often hidden in old email threads and obscure folders. As a result, it’s challenging to stay up-to-date and make fully informed investment decisions. Solution: ProSights is an AI-first analyst for investment firms. We use LLMs to scan internal and external data sources into interactive dashboards that (1) track your portfolio companies seamlessly and (2) alert you about rapidly growing companies. Imagine you’re an investor who’s evaluating a Series E investment opportunity in Glean, an enterprise search company. Your first step is to understand your firm’s relationship with Glean by diving into the Activity Dashboard. Here, you see all your team’s emails, meetings, and notes. Then, you navigate to the Intelligence Dashboard to understand Glean’s key metrics and trends. Here, you find important documents automatically compiled from your team’s email exchanges and file drives, seamlessly hyperlinked back to their sources. You can even toggle and compare projection cases from different files. Now, it’s time to check the Smart Actions Dashboard to see what tasks are lined up. From confirming upcoming meetings to responding to Slack messages, The Smart Actions Dashboard makes sure you never miss an assignment. Our AI chat box also answers any question related to notes, materials, and expert calls that your firm has access to. Finally, ProSights provides deeper insights by integrating with alternative data sources to alert you when a company is taking off. You’ll be instantly notified if a company has spikes in web traffic or is on a hiring spree. Team: Justin and Aaron first met in the pool as nationally ranked swimmers who went on to swim at Harvard and UChicago, respectively. 8 years later, they met again as investors at Permira, a global $80B private equity firm, where they spearheaded the development of a similar data platform internally. Howard studied CS and Math in his undergrad and CS in his master’s at MIT. He previously worked in quant trading at Jane Street, software engineering at Apple, and research at MIT-IBM Watson AI Lab and MIT CSAIL. Before ProSights, Howard was pursuing his PhD in AI/ML at Princeton.