Technical.ly is automating searches for venture capital raises. Meet Funding Bot - Technical.ly Philly

Business

Mar. 21, 2018 11:38 am

Technical.ly is automating searches for venture capital raises. Meet Funding Bot

Working with machine-learning startup Vigilant, we're scraping federal SEC filings and automatically drafting the news in written text.

Hey thanks, Funding Bot.

(Baby toy robot via Shutterstock)

In five communities and growing, we at Technical.ly aim to be a reliable source of information.

We aim to tell you things no one else does — or can, in the way we do. That means fast, accurate and contextual.

One of the types of news many of you look to us for is of the investment variety. Given how private private companies can be, raising outside capital is a rare glimmer of transparency. For business reporting, it’s a mechanism to track firms that are prioritizing a growth trajectory and, often, testing new business models and customer types.

Over the last decade, Technical.ly has become a dependable place for startup founders to share their investment deals in our communities. But the landscape continues to shift. So we want to be even more competitive for our readers.

Technical.ly is working with New York City startup Vigilant to automate searches of federal SEC Form D filings. Whenever certain filings in one of our markets publish, the relevant details are scraped, sorted and put into paragraph format, informed by past versions written by our editorial team. The written copy gets dropped into our CMS for final approval and fact-checked by our editors (critically, we are retaining a human’s final review). We call this Funding Bot — as named by Editor-in-Chief Zack Seward, who is expertly shepherding this artificial-intelligence pilot for us by humanizing its work. Here’s an example.

I first met Vigilant founder Mike Phillips because we are both grantees of the Lenfest Institute.

In the first couple months of the pilot, what’s most interesting is that the speed of automation has let our newsroom do better reporting, faster. For example, Funding Bot immediately flagged last month’s funding round from blockchain startup Amino Payments. But rather than post the Funding Bot copy, our lead reporter Roberto Torres used that tip to drive his own reporting for a richer, more contextual story for you. We were first to report the news.

Advertisement

So, founders, here’s one more reason to consider Technical.ly a resource for your funding news.

You must appreciate accurate, relevant and productive community journalism.  Support this sort of work from professional reporters with seasoned editors.  Become a Technical.ly member for $12 per month
Organizations: Amino, Technical.ly
People: Zack Seward
-30-
LEAVE A COMMENT

Advertisement

Biggest Philly-area raise in a while: Phenom People raises $22M for global expansion

With $400K from Ben Franklin, Kapsul gets to work on ‘smart’ air conditioner

The devs, they had their day

SPONSORED

Philly

Vistar Media’s tech stack is not for the faint-of-heart

Philadelphia

Perpay

Product Designer

Apply Now
Philadelphia

Practice

Director of Sales

Apply Now
Center City, Philadelphia

IntegriChain

Senior Business Analyst

Apply Now

Welcome to Philly Tech Week 2018 presented by Comcast

Funding news about Strova, Inc.

Reinvestment Fund has $12.5 million to back clean-energy projects

SPONSORED

Philly

Grow your small business with Salesforce at this Jan. 10 event

Philadelphia

Practice (Instructure)

Senior Software Engineer

Apply Now
Philadelphia

Practice (Instructure)

Senior Software Engineer in Test

Apply Now
Philadelphia

Practice (Instructure)

Software Engineer in Test

Apply Now

Sign-up for regular updates from Technical.ly

Do NOT follow this link or you will be banned from the site!