Pearson Labs
AI agents to automate corporate transactions
Pearson builds AI agents to automate corporate transactions. Large law firms use us to run gigantic books of businesses with AI, reducing their cost of delivery 40-60%. We work with Orrick as our first design partner, starting with M&A due diligence and financings. $3-6T dollars flow through corporate transactions a year and lawyers take home 1-3% as their cut for every transaction ($150B / year). In the long run, we will capture 50% of the corporate transaction market with the top 30 law firms. We will then provide our AI to companies so they can execute these transactions themselves.
Pearson Labs
Active Founders
Stephanie Young, Founder
Cofounder and CEO at Pearson, AI to automate corporate legal transactions (M&A, IPOs, financings). Previously built Riva, AI bots to help employees negotiate job offers with the mission to even gender and racial pay gaps. Went through a M&A with that company which inspired this company. ex-Google, Lyft, Stanford (4 degrees from Stanford in just over 6 years).
Qi Yang, Founder
Qi is the Co-Founder and CTO of Pearson Labs. MIT PhD and former Meta AI researcher, led Themis AI's research team with a focus on mitigating hallucinations in AI systems.
Company Launches
Pearson Labs - we build AI agents to help law firms execute corporate transactions
See original launch post ›TL;DR — Hey everyone! We’re Steph and Qi, and we’re building Pearson - AI agents to help law firms and companies execute corporate transactions. We help rainmakers at law firms run gigantic books of businesses with AI.
AI Researcher & Exited Founder
Steph got 4 degrees from Stanford including CS+MBA from Stanford in just over 6 years
- Product at Google and Lyft
- Built and sold an AI company, which inspired Pearson
Qi is MIT PhD, and Meta AI researcher
- Then joined an MIT startup, Themis, to do research in reducing hallucinations in LLMs
(Moving to sunny SF for YC 😊, but yet it’s still cold 🥶)
Unique Insight
- Clients
- Are increasingly unhappy with law firms charging them $1500-2000 an hour
- Refuse to talk to their law firms out of fear of being charged thousands of dollars for a single question
- Increasingly rotate work between several law firms leaving law firms out of the loop
- Law Firms
- Hourly rates increase every year and yet clients are asking in reduction in prices
- Have to write off hours and slash rates in order to win and retain clients
- Many corporate transactions are done at a loss to the law firm in order to win relationships and future business
Pearson AI: Built around corporate documents + agents for different transactions
What you see below is our agent executing a M&A due diligence. This would normally have taken an associate days to weeks to do manually and would still have mistakes but we can perform the task in a few hours.
Come talk to us!