Statera

Statera is a workflow platform designed to streamline securities diligence for US capital markets transactions.

Their AI-first platform replaces manual PDF “circle-ups” with an integrated workspace that manages both comfort (auditor-verified financial data) and backup (all other material facts) in one place, reducing risk across the entire diligence process and enabling issuers to get to market faster.

Key features: 

• AI Auto-Circle pinpoints facts and figures likely to require support or comfort, avoiding over-inclusive circling.
• Meaning-aware grouping automatically stacks recurring statements across drafts and documents, avoiding manual repetitive associate review.
• Centralized tracker makes it easy for associates to move items between comfort and backup as the transaction evolves, keeping the tracker in sync with real-time negotiations and establishing a single source of truth for the entire deal.
• Source-linked review allows senior lawyers to easily validate junior work, creating an automatic audit trail.
  Custom exports mirror the formats deal teams already use, so no workflow changes are required for external parties.

By automating and enhancing the securities diligence workflow, Statera allows US securities lawyers to produce zero-defect disclosure that helps their clients get to market faster.