Navigate contracts efficiently with clausehopper
Upload SEC filings or PDFs to secure site.
View defined terms in line with core provisions.
Understand terms within terms.
See and search all terms for easy reference.
Credit docs
Just
KeeP
Getting
longer…
So does the time it takes to review them.
Why We built this
Credit markets are changing
The rise of private credit and of liability management exercises (LMEs) has transformed credit markets and the credit agreements that underpin them.
Liability management is on the rise
Closing LME loopholes adds length and complexity to already long and complex credit agreements.
Complexity keeps growing
Credit agreements now regularly span hundreds pages that are filled with defined terms and intra-contract references.
The result: Contracts so dense even the best associates spend hours spiraling through them.
AI Isn’t there yet.
Credit investors compete on their speed and the creativity of their solutions. Fast and creative capital solutions require analysts to be quick and careful when analyzing credit agreements. Spend less time parsing legal language, and more time finding legal capital solutions with Clausehopper.
AI Makes Mistakes
AI tools hallucinate and make mistakes. They are often more confused by intra-contract references and defined terms than humans are.
AI Lacks Transparency
The only way to double-check an AI response is to go spinning through the credit docs yourself. Having to do so means no time is saved.
AI Summaries aren’t enough
AI tools can summarize some credit agreement terms, but summaries are insufficient in a world where the precise language matters.
Why Clausehopper
Reading convoluted contracts can be a struggle, even after years of training and experience. Clausehopper boosts your productivity when reading contracts — credit agreements, bond indentures, merger agreements, and more. Whether you are an investor, banker, lawyer, or other professional, all contract readers know what a slog parsing contracts can be and can speed up their analysis using our tools.
Any contract reader will get a boost from Clausehopper 1.0, but we’re not stopping there. The team at Clausehopper is developing additional workflow tools to alleviate the particular pains and bottlenecks that credit professionals face day-to-day.
About Us
We built Clausehopper to fix our own pain points.
Founder Lauren Pansegrau has held a variety of roles where having a tool like Clausehopper to speed through credit agreements would have made her life much easier. She worked as a special situations investor at GIC and as a leveraged finance credit analyst at Bank of America prior to attending Harvard Law School. While at Harvard, she continued working in distressed debt at Angelo Gordon, Ropes & Gray, and the S.D.N.Y. Bankruptcy Court. She holds a J.D. from Harvard Law School and a B.S. in Finance from the University of South Carolina.
Get in touch
Clausehopper is currently in beta.
If you’d like to try Clausehopper, contact us here or email lauren@clausehopper.com.