January 18, 2024

Announcing Metal: Your Deal Team Assistant 🤘

Skelly announcing Metal

Today we’re excited to announce that we’re launching a newly rebuilt Metal with a singular focus: bringing AI to financial services.

LLMs, Finance, and Metal

The advent of Large Language Models (LLMs) is fundamentally changing how people work, and the financial services industry is no exception. LLMs can help funds process data at unprecedented speeds, discover hidden insights in portfolios, and create leverage across all levels of a fund, from junior analysts to the C-suite.

Over the past year, we've witnessed this impact firsthand. Metal has accelerated diligence workflows by an order of magnitude. Every expert call transcript, SEC filing, or financial statement processed by Metal has saved countless hours of effort for funds. And in today’s hypercompetitive deal environment, this can be an unfair advantage.

But equally important to helping funds move faster is building with another fundamental principle in mind: trust. Investors are held to some of the highest trust standards in the world and we’ve spent the last year building out the necessary infrastructure to meet them. Every output from Metal is fully traceable to its source, ensuring your team knows where each transcript quote or financial metric comes from. To improve answer quality over time, robust feedback mechanisms are built directly into the product. And we can both scale while meeting compliance requirements through private network deployments or APIs.

What excites us most is the journey ahead. Today, our efforts are centered on enhancing existing processes. However, the depth of our focus will pave the way for unlocking entirely new workflows, previously unachievable until now. Imagine being proactively alerted when a portfolio company gets off track, conducting comprehensive financial comparisons between multiple companies in an instant, or effortlessly mining years of your fund’s data for a single quote. These are the kinds of problems we are exploring.

Join us for early access

We are still in the early days of the LLM platform shift, and there’s a lot of work to be done. Key to our vision is partnering with funds who see the amazing potential of this technology, but are not sure where to begin.

Today we are rolling out Metal on a fund-by-fund basis, ensuring we dedicate as much of our resources as possible to your success. If you would like to be involved, please get in touch.

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