What is ORCA Sonar?
ORCA Sonar Beta is our first AI-powered feature for document management. We built it to help you capture more data in ORCA, faster and with less risk of human error. The feature automatically extracts key information from your files, builds your ORCA structure, and streamlines the way you process and file documents.
How it works
With ORCA Sonar, information from your uploaded documents is automatically analyzed by AI and transformed into suggested events. You can review and add these with a click, making it simpler and faster to log details and keep your documents organized.
A simple 3-step process:
- Upload: Add documents to ORCA; Sonar AI analyzes them.
- Review: Verify the AI-suggested events and entities; edit or add details if needed.
- Save: Approve to update your ORCA structure and file the document.
Example: Upload a purchase agreement → Sonar proposes: “Horizon Capital AG bought 1,000 shares of Riverton Labs Inc. for USD 1,200,000 on 15.03.2024.” → You confirm and save. The event is added to existing entity Horizon Capital AG and a new entity is created for Riverton Labs Inc.
Extracted information
Sonar analyses the content of documents to extract key legal and corporate information. This information currently includes:
- Ownership/Corporate structures and Transactions: purchases, ownership stakes, transfers, and share classes.
- Identities: names and addresses of legal entities, assets and persons.
- Roles and Mandates: powers of attorney; general partnerships.
- Loans.
- Document records: passports held, articles of association, certificates of incorporation.
Sonar isn't limited to specific document types. If your document contains relevant information, Sonar will attempt to extract it.
The following document types typically contain the most relevant information:
- Ownership Charts (from PowerPoint, Visio, or napkin sketches; just export or capture it as a PDF or image before uploading)
- Cap Tables
- Purchase Agreements
- Articles of Association
- Certificate of Incorporation
- Limited Partnership Agreements
- Powers of Attorney
- Loan Agreements
- Passports
Key details
- Formats: PDF and images.
- Browser: Chrome or Edge required.
- Processing and reviewing: In-session only. AI results are visible only to the uploader until reviewed and saved.
Beta program
- Beta duration: 2 weeks; free during beta.
- Feedback: One feedback session after week 1.
- Access: Requires acceptance of updated Terms & Conditions.
Privacy & data security
- Zero data retention.
- Files never used for AI training.
- Secure OpenAI integration.
- EU-based processing.
- Files are briefly exposed to ORCA servers during processing only.