Case Study: a leading venture capital firm reduces research time with deepset

How a leading venture capital firm transformed its decision-making processes using generative AI

A leading venture capital firm was sitting on a vast repository of valuable but disorganized proprietary data, which its legal team struggled to access and use effectively. They needed to move beyond unsatisfactory enterprise search tools to transform this data into actionable insights and gain a competitive advantage. The firm partnered with deepset, using its Haystack Enterprise Platform, to build a custom AI-powered solution.

deepset implemented a Retrieval Augmented Generation (RAG) system that allowed the legal team to get well-crafted answers to natural language questions with annotated references. Developed and deployed in just 2.5 months, the solution reduced research time from hours to minutes and achieved a 60% adoption rate among team members. This success has led to plans for deploying similar AI co-pilots across other departments.