Clausehopper clarifies, without sacrificing detail
Case Study: Credit
Analysts need tools as sharp as they are.
Analysts today are forced to choose between AI summarization and manual parsing. AI summaries are not enough. AI tools can summarize some credit agreement terms, but summaries are insufficient in a world where the precise language matters. AI tools hallucinate, omit, or misstate details when summarizing. They are often more confused by intra-contract references and defined terms than humans are. And 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.
Credit markets are ever more complex.
The rise of private credit and of liability management exercises (LMEs) has transformed credit markets and the credit agreements that underpin them. With liability management on the rise, closing LME loopholes is more important than ever, but adds length and complexity to already long and complex credit agreements. Credit agreements now regularly span hundreds of pages filled with defined terms and intra-contract references.
Competition is fast-moving and fierce.
Deals move faster than ever, despite increasing complexity. 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. Analysts need tools that bring the same rigor that they do, at speed. Beyond that, there is simply too much capital at risk to rely on anything less than the precise language of an agreement.
The Clausehopper Advantage
Clausehopper makes complex contract review more efficient without sacrificing a single detail. We consolidate everything needed to understand a provision onto a single screen—no more searching across 200+ pages to piece together the meaning of a single term. With Clausehopper, speed vs. rigor is now a false choice.
Our Team
Our team has broad experience across law, finance, and tech. Our first-hand experience of the pain points bankers, lawyers, investors, and other advisors face informs the design of Clausehopper at every step.
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Co-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 U.S. Bankruptcy Court for the Southern District of New York. She holds a J.D. from Harvard Law School and a B.S. in Finance from the University of South Carolina.
Co-Founder, CEO-
Co-founder Yehuda Maes honed his technical skills and finance knowledge in quantitative finance roles at BlackRock and Citadel Securities. He gained management experience as a consultant at Bain & Company and as an early employee at Norm Ai, a leading compliance AI start-up in NYC. He has also felt the pain of navigating complex credit agreements as a law clerk in the restructuring group at Paul, Weiss and for the U.S. Bankruptcy Court for District of Delaware. He received his J.D. from Harvard Law School and a B.S. in Math and Computer Science from the University of Toronto.
Co-Founder, CTOGet in Touch
If you’d like to learn more about Clausehopper or schedule a live demo, please contact us here or email contact@clausehopper.com.