Intraspexion Inc.

Intraspexion
Company Phone:
Company Address:
4109 PALO ALTO RD,
SEQUIM, WA, 98382-8461
Company Purpose:
Corporate counsel is closest to their internal communications data but they are blind to the risks. Our patented software uses classified text and Deep Learning algorithms to identify risk and provide an early warning of potential litigation to corporate counsel. This early warning enables them to investigate and advise their control group executives, enabling them to be proactive and nip the litigation risk in the bud.
About:

Intraspexion was founded on the idea that prevention was the best way to deal with the enormous cost of litigation. The cost is on the order of $350,000 to $400,000 per case, even if a company wins in court. So the only way to win is not to play. Before Intraspexion, no one had taken on that challenge. With Deep Learning we experimented, built a team, and put the enterprise-grade software together.

Competitive Advantage:
After we solved the problem, and saw how we could extend it from one use case (employment discrimination) to many others (well over 50), we filed for and earned a patent (No, 9,552,548, issued on January 24, 2017) in less than four (4) months after the application was filed. (Light speed for the patent office.) We have six additional patent applications pending now, and all of them have been granted expedited review.
Favorite Quote:
Gretzky's advice - Go where the puck is going to be.
Summary of Best Use Cases:

For customer confidentiality reasons, we can only talk about our test case. We realized how to build the training set of documents for employment discrimination and then automated the extraction process. We worked with two Deep Learning companies, MetaMind (acquired by Salesforce) and Indico Data Systems (a startup in Boston). Both reported that, when we used their pre-trained algorithm, the system reported that 99.5% of the emails were unrelated to the risk, but gave us an early warning as to about 20 emails. Within minutes, we could see that the system found one (1) pre-litigation employment discrimination threat out of about 5,000 emails in the subset of Ken Lay's Enron emails. Our system finds needles in the haystack. 


Events scheduled for 2017:
On June 6, in Chicago, IL at the Association of Corporate Counsel's Legal Ops Conference, Intraspexion will be in the Shark Tank event at 11 a.m., along with Kim Technologies, Lex Machina, and Neota Logic.

On June 8, in Palo Alto, CA, Nick Brestoff (Intraspexion's founder and CEO) will give an invited one-hour talk in two parts. In Part 1, Nick will talk about How to Use PACER to Build a Litigation Risk Profile. In Part 2, Nick will describe what Intraspexion does and show screenshots of the screens that users see when they receive an early warning alert.


 

Categories (to select multiple categories hold shift key down):
Algorithms that Learn and Adapt
Deep Learning / Machine Learning (General)
Thought Leader