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Nicole Baer

👤 Speaker
426 total appearances

Appearances Over Time

Podcast Appearances

The Neuron: AI Explained
Carta’s CMO Reveals What’s Really Happening to Startups

things that tend to have a right way of doing them.

The Neuron: AI Explained
Carta’s CMO Reveals What’s Really Happening to Startups

And those tasks typically have been very human intensive because it required cross-checking things like limited partner agreements to make sure the way that an expense was being allocated was in line with what had been promised to limited partners, essentially the way that a fund needs to be run.

The Neuron: AI Explained
Carta’s CMO Reveals What’s Really Happening to Startups

And so we've used AI to really be able to combine all of the human knowledge of context that was through years of doing this work with people and be able to build that rich context into the agent so that it can just do those things automatically.

The Neuron: AI Explained
Carta’s CMO Reveals What’s Really Happening to Startups

And it's not just saving us time for the people that were doing all of that work on sort of the back end of AI.

The Neuron: AI Explained
Carta’s CMO Reveals What’s Really Happening to Startups

of our fund admin platform, but it also saves time for our customers.

The Neuron: AI Explained
Carta’s CMO Reveals What’s Really Happening to Startups

And that's where we really focus a lot of our effort.

The Neuron: AI Explained
Carta’s CMO Reveals What’s Really Happening to Startups

We have configuration agents that allow for

The Neuron: AI Explained
Carta’s CMO Reveals What’s Really Happening to Startups

CFOs to change the way that we calculate certain metrics in the platform.

The Neuron: AI Explained
Carta’s CMO Reveals What’s Really Happening to Startups

Like they want metrics calculated a certain way and they can actually set that calculation.

The Neuron: AI Explained
Carta’s CMO Reveals What’s Really Happening to Startups

It sort of stays that way until they change it.

The Neuron: AI Explained
Carta’s CMO Reveals What’s Really Happening to Startups

Yeah, we have agents that run in the background that essentially are always looking for

The Neuron: AI Explained
Carta’s CMO Reveals What’s Really Happening to Startups

you know, I kind of call it like the janitor who works at night, like, you know, cleaning up the school and everything looks great the next day.

The Neuron: AI Explained
Carta’s CMO Reveals What’s Really Happening to Startups

It's sort of the same idea.

The Neuron: AI Explained
Carta’s CMO Reveals What’s Really Happening to Startups

These agents run in the background and find errors, things like, well, your balance sheet says this, but your income statement says this, you know, and we'll flag those things that sometimes are the result of, you know, human error when you move out of a spreadsheet, which is what a lot of our customers do, move out of like a spreadsheet for how they're administering their funds and move it

The Neuron: AI Explained
Carta’s CMO Reveals What’s Really Happening to Startups

into software, the benefit of doing that is actually accuracy.

The Neuron: AI Explained
Carta’s CMO Reveals What’s Really Happening to Startups

And that's the reason that so many of our customers move on to our fund admin platform and out of spreadsheets.

The Neuron: AI Explained
Carta’s CMO Reveals What’s Really Happening to Startups

And then we also have an insights agent that allows for customers to query our data warehouse using natural language, which is really cool.

The Neuron: AI Explained
Carta’s CMO Reveals What’s Really Happening to Startups

So those are the four things that are sort of in production.

The Neuron: AI Explained
Carta’s CMO Reveals What’s Really Happening to Startups

And really, they're just, I mean, they're incredible tools for our customers.

The Neuron: AI Explained
Carta’s CMO Reveals What’s Really Happening to Startups

And there's lots more to come.