Bengaluru-based venture capital firm LVX, formerly LetsVenture, has launched Elvix, an AI-powered intelligence platform designed to streamline deal evaluation for private market investors. The platform, unveiled recently, is currently available free of charge and aims to simplify investment decision-making by analyzing over 320 data points per opportunity, according to inc42.com.
LVX founder and CEO Shanti Mohan explained that Elvix has been trained on more than 450,000 documents collected over the past decade, including startup pitch decks, investment memos, term sheets, and shareholder agreements. The platform automatically generates investment memos, compares companies with peers, and assesses the impact of macroeconomic factors on potential investments. It also identifies exit opportunities for investors, combining proprietary AI models, a vector database, and a Model Context Protocol architecture.
Elvix is positioned as a research and intelligence tool primarily for high-net-worth individuals, who can access it through a monthly subscription. Institutional investors such as VC firms and family offices can use the platform free of charge. LVX aims to replicate the accessibility of ChatGPT for private market investing by building a specialized language model tailored to this asset class, reflecting growing interest in AI applications within venture capital and private equity sectors.
The platform’s launch marks a notable step in integrating AI into private market dealmaking, with LVX offering Elvix free to all users at present. The company’s approach could influence how investment decisions are made by combining extensive data analysis with AI-driven insights, as detailed by inc42.com.