AIx2 Streamlines Data Extraction from Documents at Scale for Prime Unicorn Index in less than a week

Revolutionizing corporate data processing for Prime Unicorn Index, enabling significant efficiency gains and strategic insights.

90%+ time savings

Accurate extraction of data from tens of thousands of certificates of incorporation which major AI solutions where not able to

Automated workflows that scale seamlessly

“In less than a week, the AIx2 team was able to decode our case, which major AI solutions had failed to, and make immediate impact by analyzing documents at a high level of accuracy with their AI technology”

— Will Ballard, Chief Data Officer, Prime Unicorn Index

Prime Unicorn Index: Transforming Data Processing with AIx2

Prime Unicorn Index, a leading provider of benchmark for private US venture backed companies worth one billion or more, revolutionized its data processing pipeline with the AIx2 platform, achieving unprecedented efficiency by 90% time saving with highly accurate document analysis.

  • Data Extraction Challenges:

    • Before adopting AIx2, our initial data processing pipeline was slow and inefficient despite trying major AI and digital solutions

    • Tens of thousands of certificates of incorporation from which they wanted to extract deal terms such as liquidation preference and share prices, for calculating the post-money valuation.

    • The complexity and language of the documents resulted in low performance even using major AI solutions.

  • Workflow Challenge: Lack of a workflow design resulted in significant manual time spent. Team had to work between Excel, pdf documents, and other platforms.

  • Efficiency Gains:

    • By partnering with AIx2, the company streamlined its processes through advanced AI-driven tools in less than a week.

    • The AIx2 team was able to automate the workflow via their platform, such as providing question banks and templated reports, to scale the process to thousands of projects.

    • This resulted in more than 90% time-saving at a high level of accuracy.

    • Furthermore, the AIx2 team was able to automate the workflow via their platform, such as providing question banks and templated reports, to scale the process to thousands of projects.

  • High-Level Accuracy: AIx2’s technology enabled accurate decoding of complex documents, delivering insights that were previously unattainable.

Streamlined Process with AIx2

Prime Unicorn Index’s transformation began with the support of AIx2’s consultative team, leveraging their expertise in AI research and industry practices. The process involved:

  • Uploading relevant materials, including corporate termsheets, PDFs, and Excel files.

  • Customizing a list of questions tailored to extract the required technical information.

  • Using AIx2’s platform to analyze documents with pre-built templates and validated references.

  • Generating high-level answers and templated reports that ensured accuracy and consistency.

This approach eliminated inefficiencies and reduced processing times significantly. The immediate results showcased the scalability and effectiveness of AIx2’s platform.