Velvet

Velvet offers advanced software solutions designed to assist investment professionals in raising funds and automating their day-to-day operations using artificial intelligence. The platform enhances workflow by working with data, companies, and files, saving users 25% of their time with AI tailored specifically for venture capitalists. Velvet generates investment memos, LP reports, notes, and more from emails, public data, and pitch decks, and accelerates due diligence with a digital analyst copilot. It automatically structures insights into every deal and portfolio, building a comprehensive database of companies by extracting details from deal documents and decks. Velvet ensures industry-grade encryption with fully encrypted storage at rest and in transit through Azure and AWS, and does not use user data to train models or send data to third parties for training purposes. The platform offers a private workspace where user data remains invisible to other users or businesses. Currently available to select beta testers, Velvet aids in scheduling meetings, tracking sales pipelines, and communicating with potential investors. It does not solicit services to non-accredited investors or non-qualified purchasers and is not a broker-dealer, nor does it offer securities. All securities are offered through Decheque Securities LLC, a member of FINRA and SIPC. Velvet uses Google Workspace APIs solely for their intended functionalities and adheres to privacy standards, engaging with third-party AI tools that also abstain from utilizing user data for training purposes.