Recovery AI Launches Cutting-Edge Platform for Streamlined Asset Recovery

Recovery AI, a Los Angeles-based AI company, has launched a groundbreaking AI platform designed to revolutionize asset recovery for law firms. This advanced platform streamlines the analysis of large data sets from litigation and discovery processes, significantly reducing the time and effort required to identify potential enforcement targets.

• Platform Features:
  • AI-Driven Data Analysis: Combines large data sets, removes duplicates, identifies data gaps, and extracts key information
  • Chat-Agent Functionality: Enables natural language queries and learns from user interactions to improve insights extraction over time
  • Monthly Subscription Model: Available to users on a subscription basis, offering cost-effective data analysis solutions
• Impact on the Legal Industry:
  • Aims to reduce the time and cost of data analysis, facilitating quicker identification of recoverable assets
  • Positioned to support law firms and clients by providing emerging solutions in asset recovery
• Comments from Key Figures:
  • Jito Chadha: Lead of AI investments for HandsOn Global Management (HGM), emphasizes the platform’s potential in addressing uncollected assets and improving recovery processes
  • Dennis Hranitzky: Head of Sovereign Litigation and Global Asset Recovery Practices at Quinn Emanuel Urquhart & Sullivan, LLP, praises the platform for its efficiency and cost-effectiveness in data analysis
• Recovery AI and HandsOn Global Management:
  • Recovery AI is a portfolio company of HGM, which focuses on AI-led SaaS and BPaaS companies, e-sport and gaming studios, and publishing

The launch of Recovery AI’s new platform marks a significant advancement in asset recovery technology. By leveraging AI to streamline data analysis, the platform promises to enhance efficiency and effectiveness for law firms, offering a valuable tool in the pursuit of recoverable assets. With early adopters already impressed, the platform is set to transform the landscape of asset recovery in the legal industry.

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