Melior AI

AI-powered legal document platform that saves companies time and money

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Form C
View on Republic
Security Type
Crowd SAFE
Min Investment
$100
Location
SAN FRANCISCO, CA
Offering Date
June 17, 2024
Expected Close Date
November 05, 2024
Target Raise
$50.00K-$1.24M
No. Investors
125
Security Price
$1
Website
melior.ai
Number of Employees
0
Cash
$26,862
Revenue
$0
Short Term Debt
$291,119
Cost of Goods
$0
Long Term Debt
$10,736
Net Income
$-742,812

Company Description

Legal documents (such as contracts and agreements) are vital for virtually every business activity. Despite their importance, the review and compliance process is fraught with challenges.

Key Deal Facts

AI-powered platform simplifying third-party contract management
Cuts down manual work time from 92+ minutes to just minutes
Quickly and reliably identifies potential risks and non-compliance issues
Cost-saving platform in the $952 billion global legal services market
Customers include Utilipay, Zurich, FTO & more
A 356% return on investment for companies managing contracts with Melior
Founders with vast experience in AI, deep learning & product development

Management Team / Advisory Board Bios

Martin Szyllo
CEO & Co-Founder

Monique Duarte
COO & Co-Founder

Jose Rodriguez
CTO & Co-Founder

Yulia Goryachev
Senior Machine Learning/AI Engineer

Rocky Cabaero
Senior Developer

Vanessa Tan
Senior Front End Dev

Warren Caruana
Senior Front End Dev

Gabor Hosszu
Senior Python Dev

Ray Solis
ML/AI Dev

Tetiana Tkachenko
Dev Ops Engineer

Cassandra Pitsillis
Legal Advisor

Chioma Okereke
Legal Advisor

Iyabo Olajumoke
Legal Advisor

Laura Tyler
Legal Advisor

Craig King
Commercial Director
Amount Raised : $52,931
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Business Idea
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Business Traction
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The experience of the management team in running, scaling and/or exiting a business that required similar skills to execute the business plan.
Management Team
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Valuation

Security Description

An equity crowdfunding specific version of a SAFE used by crowdfunding portal Republic. Upon conversion (if and when that happens), investors may receive special shares with limited rights that do not show up on a company’s cap table. The issuer may roll over and not convert shares at the next financing round causing investors to lose out on some upside.

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