Marveri is an AI-powered legal technology platform designed to streamline and enhance the workflows of both M&A lawyers and startup/venture attorneys. By automating document organization, analysis, and review, Marveri aims to reduce manual effort and accelerate deal processes. It was built by former BigLaw lawyers and is based on the CTO’s research from her PhD in AI/ML at MIT.
For M&A Lawyers
Marveri offers a suite of tools tailored to the needs of M&A practitioners:
Automated Data Room Organization: Quickly structures and renames entire data rooms or sets of client documents using user-defined naming conventions and folder hierarchies.
Accelerated Disclosure Schedule Preparation: Automatically reviews documents to identify those that may need to be disclosed, ensuring comprehensive coverage and reducing the risk of omissions.
Advanced Document Comparison: Utilizes sophisticated redlining tools to compare multiple documents simultaneously, highlighting changes and discrepancies across versions.
Comprehensive Document Summarization: Generates summaries of every document, facilitating quicker reviews and aiding in the identification of key issues.
Audit and Compliance Checks: Flags missing documentation, such as board approvals or executed agreements, and tracks updates as full documentation is provided.
For Startup and Venture Lawyers
Marveri also caters to the specific needs of startup and venture attorneys:
Organized Document Management: Automatically organizes and renames client documents, including commercial agreements, IP documentation, board minutes, financing documents, and HR materials.
Investor Rights Consolidation: Compiles and consolidates investor rights information, aiding in the management of cap tables and investor agreements.
Missing Signature Tracker: Identifies documents that are not fully executed, ensuring all necessary signatures are obtained promptly.
Proactive Diligence Preparation: Helps clients stay ahead in the deal process by identifying additional documents needed for disclosure, reducing delays from buy-side supplemental requests.
Overall, Marveri serves as a comprehensive tool for legal professionals involved in M&A and startup/venture transactions, aiming to enhance efficiency, accuracy, and client service through automation and intelligent document management.
Financial Information:
Marveri has raised a total of $3M in funding over 2 rounds. Their latest funding was raised in December 2023 from a Pre-Seed round led by Alven, Bessemer Venture Partners, and K5 Global.
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