Overview of Tome: AI-Powered Contract Analysis and Negotiation Tool

Tome is an AI-powered service designed to streamline the process of contract analysis, negotiation, and management for startups, investors, and small businesses. By combining deep AI technology with expert legal counsel, Tome offers a comprehensive solution for handling commercial contracts efficiently and securely.

Key Features

AI-Powered Analysis: Tome utilizes advanced AI to review contracts, identify red-flag issues, risks, and opportunities, and provide real-time feedback to maximize leverage during negotiations.
Expert Attorney Advice: Partner attorneys, qualified in the United States, tailor advice specifically for each client, enhancing the AI's base analysis.
Database of Precedents: Access to over 10,000 precedents, common contract terms, and market standards helps users negotiate from an informed position.
Custom Playbooks: Users can build their own negotiation playbooks with curated options, allowing for strategic decision-making based on extensive market data.
Security and Privacy: Enterprise-grade security measures ensure that all contract data remains confidential, secure, and private within the Tome Vault.
Collaboration Tools: Tome supports collaboration through integration with email, Slack, and a contract API, facilitating seamless teamwork across legal departments.

Product Offerings

Tome AI

Cost: Free start, then subscription-based
Features:
- Up to 5 matters free
- Instant LLM analysis
- Attorney-approved negotiation suggestions
- Transparent market data
- Secure Tome Vault storage

Tome + Counsel

Cost: Starting at $200 per matter
Features:
- Unlimited matters and document uploads
- Expert attorney review and advice
- Redrafting and negotiation support
- Integration with Slack and email

Enterprise Solutions

Cost: Custom pricing
Features:
- Tailored for high-volume and custom use cases
- Comprehensive contract analysis and historical benchmarking
- Integration with internal data and tools

Use Cases

Asset Management: A $200B asset manager can review key deal information in seconds.
Startup Negotiations: A two-person startup secures favorable terms in their Seed round.
Venture Capital: A Seed-stage VC benchmarks every deal against market standards.
Contract Closure: A FinTech COO closes a $3M customer contract in days.

Client Success Stories

Tome has been trusted by various organizations, from small startups to large asset managers, to enhance their legal strategies and secure favorable terms efficiently.

Conclusion

Tome provides a dual advantage of AI speed and expert precision in legal contract analysis and negotiation. This service is designed to make commercial contracts fast, transparent, and reliable, catering to the needs of modern businesses seeking efficient legal solutions.