“As a career solution architect, AI stood out as a transformative technology years before ChatGPT mainstreamed interest. My process engineering experience identified contract lifecycle management as a perfect fit for the technology. While doing informational interviews to test assumptions, Branson shifted the focus to lease administration as the ideal market entry point. Through a series of providential events, David joined the company. David teaches AI to veterans and tackles AI problems in his spare time. He is a perfect fit for a company that values ambition, integrity, and innovation.
Branson’s lifelong executive-level experience partially validates the idea. In addition, the largest lease administration and property ownership firms have validated the idea in interviews. One such company provides us with proprietary training data and will become a paying customer upon MVP.
AI has been developed to extract dates and dollars from leases with 85% accuracy (the hardest variable). With +500K documents now available and an offshore data validation partner, the accuracy can quickly improve to +95%.
A lead investor is needed to set round terms and finalize due diligence. When a lead is identified, multiple investors in the $250K range are ready. The most important use of funds is data labeling.”