Noetica AI
335 Madison Ave, New York City, New York, 10028, United States
Overview
Noetica AI provides an AI-powered platform for benchmarking deal terms across corporate debt, M&A, and securities transactions using proprietary ML models and a knowledge graph. It has built a proprietary database of more than 100 million aggregated, analyzed, and indexed terms spanning public and private markets. In less than a year and a half since launch, the platform has been used to benchmark terms in over $350 billion of capital markets transactions and is used by 10 of the top 25 law firms. Deal professionals use Noetica to find, analyze, and benchmark terms in live deals, understand market trends, and track shifts in market standards. The company announced a $22 million Series A to support expansion of the platform, grow its customer base, and hire across software engineering, AI engineering, sales, and other roles. Noetica plans to continue developing its platform to meet strong market demand from law firms and financial institutions. Noetica is an AI software platform that benchmarks corporate debt transactions to help deal professionals analyze complex transactional documentation. The platform leverages proprietary, in-house AI models to inform term negotiation and decision-making for debt issuances and investments. The company emphasizes it does not use external LLMs, citing security, cost, and the need for tailored, multi-layered approaches, and maintains a team of machine learning engineers for continual innovation. Founded in 2022 by Dan Wertman, Tom Effland, and Yoni Sebag, Noetica says it already works with several of the largest and most profitable law firms and has been used in multi-billion dollar debt transactions. The company plans to use recent funding to accelerate product development, market expansion, and team growth. CEO Dan Wertman has prior experience as a financing attorney at Wachtell, Lipton, leading multi-billion dollar credit issuances and restructurings.
- Total raised
- $28M
- Funding rounds
- 2
- Latest round
- Series A
- Latest activity
- Oct 2024
Industries
- Artificial Intelligence (AI)
- Finance
- Software
Recent funding
Series A
Oct 2024
$22M
Seed
Dec 2023
$6M