AI Tools PE Funds Are Using?
Curious what AI tools others are using to gain productivity. Some I've found helpful are AI notetakers, Chatbots for efficiently understanding random nuances of a company, product, or industry (great for "dumb questions" we all have, and some early legal AI stuff.
Know there's now a group that can put a Chatbot overtop a dataroom download, but pretty expensive.
What else are you guys using?
Also, how is your firm approaching AI from a legal / data privacy perspective?
Hey Lion298, what a lonely thread. I'm here since nobody responded ...so maybe one of these discussions will help:
More suggestions...
Fingers crossed that one of those helps you.
We have a team of consultants building AI data tools to automate some of our sourcing.
Super interesting. Are you able to share a little more and approx. fund size?
Did your fund ever build any AI tools?
PE firms can barely use project management software or do basic data scraping lol.
Unless it’s a $50 SaaS product sold by some legacy tech co for $50,000, then they won’t buy it.
“What do you mean there’s no implementation fee? Doesn’t seem legit.”
Yes, but there are quite a few $50 SAAS AI products hitting the market that could be pretty useful. For example AI notetakers ($10/user/month).
My guess is there will be more tools like this.
Have you had much success with any tools?
Heyyyy folks, not sure if this thread is still active but I've stumbled across this app called TinyDash -- it's in early access and have been using it as a Q&A app for the data rooms I create. Happy to share a link -- essentially, you can upload a whole data room and you basically just ask it questions, build data dashboards -- saves me like 2 hours everyday.
but you still have to manually create all the excel analysis to generate charts for powerpoints for IC, right?
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