DealSumm

Silicon Valley based DealSumm is a technology company that empowers its customers to automatically, rapidly and reliably extract the terms, conditions and the fine print hidden in contracts. DealSumm’s customers depend on contract and lease evaluation to conduct their business. Until DealSumm came around their review and abstraction process was a highly manual, lengthy, expensive and unreliable. In addition to automated abstraction DealSumm offers review, workflow and management modules for better utilization and sharing of the abstracted information. The first market DealSumm is focusing on is Commercial Real Estate, later on looking to impact other markets like M&A, Construction, Healthcare, Retail and Banking.
​DealSumm owns a wide portfolio of patents related to understanding and extracting data elements from contracts.
​DealSumm’s leadership team possesses the technical and the business track-record and knowhow to build, deploy and grow the company.
​DealSumm revolutionizes the application of Machine Learning, Natural Language Processing. It attacks head on their inherent accuracy limitations. Using Document Structure Analysis it allows the identification of the correct answers in the prediction of contract provisions. Furthermore, DealSumm invented a technology process for a problem yet unsolved: how to calculate the financial provisions from multiple documents, i.e., the lease and its amendments, and aggregate them into one summary. DealSumm owns a portfolio of patents covering its capability to automatically handle a large variety of domain-specific contract formats. A newly designed web interface allows the user to upload contracts and it delivers a detailed and thorough abstract within minutes. DealSumm utilizes an assisted review process displaying both the original document and extracted terms for verification and approval. Summary reports, search, revenue calendar and other multi-document syntheses and analyses are automatically generated and can be exported to excel and 3rd party software.